RTL-Trans
ActiveSummary
RTL-Trans has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €142k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 1865 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+26
Solvency72▲+26
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.25 in 2024; short-term debt: 52.7% and cash: 7.6% of total assets), but 52.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.3%
Return on assets
25%
Age of the figures
14 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €268k
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 05-12-2025, 85 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
85 d early
2024
79 d early
2023
7 d early
2022
7 d early
2021
on the day
2020
1 d late
2019
68 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close25-09-2026 today28-02-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€268k▲ 112%
2024 · €126k
Total assets
€567k▼ 6.1%
2024 · €603k
Net result
€142k▲ 59.1%
2024 · €89k
Working capital
€262k▲ 116%
2024 · €121k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5k€46k▲ 782%€98k▲ 113%€104k▲ 5.2%€194k▲ 87.7%
Net result€6k€45k▲ 706%€102k▲ 124%€89k▼ 12.3%€142k▲ 59.1%
Equity€-110k▲ 4.9%€-64k▲ 41.3%€37k€126k▲ 240%€268k▲ 112%
Total assets€412k▲ 77.4%€413k▲ 0.2%€406k▼ 1.6%€603k▲ 48.6%€567k▼ 6.1%
Debt€522k▲ 50.1%€477k▼ 8.5%€369k▼ 22.7%€477k▲ 29.3%€299k▼ 37.4%
Working capital€-115k▲ 4.7%€-69k▲ 39.5%€32k€121k▲ 278%€262k▲ 116%
Staff (FTE)4.8▲ 2.1%4.2▼ 12.5%4.8▲ 14.3%4.3▼ 10.4%4.8▲ 11.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 88% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €567k
Fixed assets
€6k ▲ 25.0%
Current assets
€560k ▼ 6.4%
Equity and liabilities €567k
Equity
€268k ▲ 112%
Debt
€299k ▼ 37.4%
Debt's share of the balance-sheet total falls from 79.1% to 52.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.88▲
2024 · 1.25
Debt to equity
1.11▼
2024 · 3.78
ROE
52.9%▼
2024 · 70.6%
ROA
25.0%▲
2024 · 14.8%
Debt ≤ 1 year
€299k▼
2024 · €477k
Income taxes
€51k▲
2024 · €13k
Staff costs
€361k▼
2024 · €363k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €268k | €343k | €363k | €361k | ▼ 0.7% |
| Other operating charges640/8 | - | €3k | €15k | €9k | €8k | ▼ 9.8% |
| Gross operating margin9900 | €326k | €318k | €456k | €476k | €563k | ▲ 18.4% |
| Operating profit (loss)9901 | €5k | €46k | €98k | €104k | €194k | ▲ 87.7% |
| Financial income75/76B | - | €1 | €5k | €0 | €87 | - |
| Recurring financial income75 | €1k | €1 | €5k | €0 | €87 | - |
| Financial charges65/66B | - | €852 | €2k | €2k | €2k | ▼ 16.2% |
| Recurring financial charges65 | €672 | €852 | €2k | €2k | €2k | ▼ 16.2% |
| Profit (loss) for the period before taxes9903 | €6k | €45k | €102k | €102k | €193k | ▲ 89.7% |
| Income taxes67/77 | €0 | - | - | €13k | €51k | ▲ 306% |
| Profit (loss) for the period9904 | €6k | €45k | €102k | €89k | €142k | ▲ 59.1% |
| Transfer to tax-exempt reserves689 | - | €45k | €82k | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €6k | €0 | €20k | €89k | €142k | ▲ 59.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €412k | €413k | €406k | €603k | €567k | ▼ 6.1% |
| Fixed assets21/28 | €5k | €5k | €5k | €5k | €6k | ▲ 25.0% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €6k | ▲ 25.0% |
| Current assets29/58 | €407k | €408k | €401k | €598k | €560k | ▼ 6.4% |
| Amounts receivable within one year40/41 | €383k | €365k | €314k | €580k | €511k | ▼ 11.9% |
| Trade receivables40 | - | €350k | €308k | €553k | €490k | ▼ 11.3% |
| Other amounts receivable41 | - | €15k | €6k | €27k | €20k | ▼ 24.7% |
| Cash at bank and in hand54/58 | €22k | €40k | €84k | €13k | €43k | ▲ 238% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €6k | €7k | ▲ 12.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €412k | €413k | €406k | €603k | €567k | ▼ 6.1% |
| Equity10/15 | €-110k | €-64k | €37k | €126k | €268k | ▲ 112% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €4k | €49k | €131k | €131k | €131k | = |
| Non-distributable reserves130/1 | - | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | - | €620 | €620 | €620 | €620 | = |
| Tax-exempt reserves132 | - | €45k | €127k | €127k | €127k | = |
| Distributable reserves133 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-120k | €-120k | €-100k | €-11k | €131k | ▲ 1,268% |
| Amounts payable17/49 | €522k | €477k | €369k | €477k | €299k | ▼ 37.4% |
| Amounts payable within one year42/48 | €522k | €477k | €369k | €477k | €299k | ▼ 37.4% |
| Trade debts44 | €490k | €433k | €303k | €407k | €228k | ▼ 44.0% |
| Suppliers440/4 | - | €433k | €303k | €407k | €228k | ▼ 44.0% |
| Taxes, remuneration and social security45 | - | €44k | €57k | €62k | €62k | ▲ 0.2% |
| Taxes450/3 | - | €2k | €5k | €15k | €10k | ▼ 29.2% |
| Remuneration and social security454/9 | - | €42k | €52k | €47k | €51k | ▲ 9.3% |
| Other amounts payable47/48 | - | €0 | €8k | €9k | €9k | ▲ 3.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €45k | €102k | €89k | €142k | ▲ 59.1% |
| Operating cash flow (approximation) | €6k | €45k | €102k | €89k | €142k | ▲ 59.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-1k | - |
| Change in cash | - | €18k | €44k | €-71k | €30k | ▲ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-07
Financial
Highest result since 2019net €142k ▲59.1%
Operating result €194k, net result €142k, both a record.
31-07
Financial
Equity above €200kEq €268k ▲112%
5 profitable years in a row build equity to €268k.
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-07
Financial
Equity above €100kEq €126k ▲240%
4 profitable years in a row build equity to €126k.
22-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-07
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
31-07
Financial
Weakest financial yearnet €-126k
Net result drops to €-126k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2017
Ground area
426 m²
Building footprint
135 m²
Volume, LiDAR
833 m³
Parcel 34024C0001/00L006, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
RTL-Trans
since 20172.263.711.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024C0001/00L006 | Flanders | 426 m² | 1 · 135 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 646 EUR awarded · 646 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 308 EUR | 308 EUR |
| 2022 | 1 | 338 EUR | 338 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMenen2.263.711.269
Similar companies · same sector, comparable size
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VAN LAEKEN
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SAELENS BULK & LIQUID TRANSPORT
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Tienen · Eq €267,595
Of 12,585 companies in sector 49410 we hold annual accounts for 8,199. 5,964 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-04-2017
Fiscal year end31-07
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.