S.F. TRANSPORT EXPRESS
The computed 12-month bankruptcy probability of S.F. TRANSPORT EXPRESS is 5.4% (elevated). The 2025 annual accounts show negative equity (€-11k) and a net result of €-7k. Equity is shrinking by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4269 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-11k |
| Net result | €-7k |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -80.7% | 39.2% | |
| Net result | €-7k | €6k | |
| Equity | €-11k | €37k | |
| Gross operating margin | €-7k | €40k | |
| Total assets | €14k | €113k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | €10k |
| Net profit | €-7k | €-8k | €-3k | €6k |
| Cash flow | - | - | - | €7k |
| Staff costs | - | - | - | - |
| Income taxes | - | - | €308 | €2k |
| Dividends | - | - | - | - |
| Total assets | €14k | €34k | €61k | €43k |
| Equity | €-11k | €19k | €27k | €29k |
| Debt | €25k | €15k | €35k | €13k |
| of which ≤ 1y | €25k | €15k | €35k | €13k |
| of which > 1y | - | - | - | - |
| Working capital | €-20k | €9k | €13k | €20k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.19 | 1.62 | 1.36 | 2.49 |
| Quick ratio | 0.19 | 1.62 | 1.36 | 2.49 |
| Working capital ratio | -146.3% | 27.8% | 20.6% | 47.3% |
| Solvency | -80.7% | 54.9% | 43.5% | 68.4% |
| Debt / equity | -2.24 | 0.82 | 1.30 | 0.46 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | - | - | - | 8.57 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -50.4% | -23.6% | -4.2% | 14.4% |
| ROE | 62.4% | -43.1% | -9.6% | 21.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €14k | €34k | €61k | €43k |
| Fixed assets | 21/28 | €9k | €9k | €14k | €9k |
| Financial fixed assets | 28 | €9k | €9k | €14k | €9k |
| Current assets | 29/58 | €5k | €25k | €47k | €34k |
| Amounts receivable within one year | 40/41 | €5k | €24k | €4k | €17k |
| Cash & bank | 54/58 | €162 | €168 | €42k | €16k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €14k | €34k | €61k | €43k |
| Equity | 10/15 | €-11k | €19k | €27k | €29k |
| Contributions / capital | 10/11 | €23k | €23k | €23k | €23k |
| Accumulated profits (losses) | 14 | €-34k | €-4k | €4k | €6k |
| Amounts payable | 17/49 | €25k | €15k | €35k | €13k |
| Amounts payable within one year | 42/48 | €25k | €15k | €35k | €13k |
| Trade debts payable within one year | 44 | €3k | €15k | €33k | €10k |
| Income statement | |||||
| Gross operating margin | 9900 | €-7k | €205 | €2k | €11k |
| Operating result | 9901 | €-7k | €-8k | €-2k | €9k |
| Financial income | 75 | - | €0 | €1 | - |
| Financial charges | 65 | €389 | €310 | €719 | €1k |
| Result before taxes | 9903 | €-7k | €-8k | €-2k | €8k |
| Income taxes | 67/77 | - | - | €308 | €2k |
| Net result for the period | 9904 | €-7k | €-8k | €-3k | €6k |
| Result to be appropriated | 9905 | €-7k | €-8k | €-3k | €6k |
-
Current27-10-2023 → present
-
Current24-03-2023 → present
Former directors (2)
-
Former- → 27-10-2023
-
Former- → 24-03-2023
| NACE primary | Freight transport by road(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 19-10-2020 |
| Status | Active |
| Postal code | 1880 |
Show 2 more network connections
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23056B0323/00H003 | Flanders | 618 m² | 1 · 124 m² | 4.6 m · 1 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-02-2026 Registered office moved from ZAVENTEM to Nieuwenrode
- DA VINICILAAN 1, 1930 ZAVENTEM → Meiselaan 64, 1880 Nieuwenrode
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Nieuwenrode",
"region": null,
"street": "Meiselaan",
"country": "BE",
"postcode": "1880",
"box_number": null,
"street_number": "64"
},
"old_address": {
"city": "ZAVENTEM",
"region": null,
"street": "DA VINICILAAN",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "1"
},
"effective_date": "2026-02-01",
"evidence_quote": "Naar aanleiding van het besluit van de algemene vergadering wordt de maatschappelijke zetel van de vennootschap overgebracht naar Meiselaan nr. 64 te 1880 Nieuwenrode, met onmiddellijke ingang."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0756.745.993",
"name_full": "S.F. TRANSPORT EXPRESS",
"legal_form": "BV"
}
}13-11-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": null,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2023-10-27",
"evidence_quote": "De algemene vergadering aanvaardt het overdracht van alle aandelen behorende aan de Dinar Sara aan Belber Minguez Francisco.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0756.745.993",
"name_full": "S.F. TRANSPORT EXPRESS",
"legal_form": "BV"
}
}05-04-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": null,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2023-03-24",
"evidence_quote": "Andr\u00E9 Martins Ribeiro verklaart al zijn aandelen over te dragen aan Sara Aur\u00E9lie Dinart.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0756.745.993",
"name_full": "S.F. TRANSPORT EXPRESS",
"legal_form": "BV"
}
}21-10-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1930 ZAVENTEM, Tomberglaan 21",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1987-05-12",
"name": "MARTINS RIBEIRO Andr\u00E9 Filipe",
"niss": null,
"address": "1930 ZAVENTEM, Tomberglaan 21"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 21850.0,
"holder_person_name": "MARTINS RIBEIRO Andr\u00E9 Filipe",
"is_subscriber_only": true,
"n_shares_subscribed": 95,
"amount_subscribed_eur": 21850.0,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1984-11-03",
"name": "DINART Sara Aur\u00E9lie",
"niss": null,
"address": "1930 ZAVENTEM, Tomberglaan 21"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1150.0,
"holder_person_name": "DINART Sara Aur\u00E9lie",
"is_subscriber_only": true,
"n_shares_subscribed": 5,
"amount_subscribed_eur": 1150.0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 23000.0,
"subject_company": {
"kbo": "0756.745.993",
"name_full": "S.F. TRANSPORT EXPRESS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-10-15",
"post_incorporation_mandates": []
}| Legal nameNL | S.F. TRANSPORT EXPRESS |