SE TRANS
ActiveSummary
SE TRANS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47,794 and a net result of €5,398. Equity is growing by ~48.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
Freight transport by road
NACE 49410NACE 60242
1 site
How big
€257,870total assets 2024
- Equity
- €47,794
- Profit
- €5,398
Turnover not published (abridged schema)
Who decides
Accounts 32 d early
Why 55- Higher-failure-rate sector- Annual accounts: weaker financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-15
Solvency44▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.19 in 2023; short-term debt: 36.8% and cash: 0.7% of total assets), and 81.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.5%
Return on assets
2.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
38 d early
2023
35 d early
2022
32 d early
2021
35 d early
2020
33 d early
2019
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2024Total assets €257,870Profit €5,398Solvency 18.5%Liquidity 0.85
Total assets
€257,870▲ 126%
2018 - 2024
Net result
€5,398▼ 65.2%
2018 - 2024
Equity
€47,794▲ 12.7%
2018 - 2024
Solvency
18.5%▼ 18.6pp
2018 - 2024
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€18,359▲ 3,731%€24,236▲ 32.0%€11,952▼ 50.7%€26,107▲ 118%€11,239▼ 57.0%
Net result€10,284within the sector's middle half€13,311within the sector's middle half▲ 29.4%€6,361within the sector's middle half▼ 52.2%€15,491within the sector's middle half▲ 144%€5,398within the sector's middle half▼ 65.2%
Equity€7,233below the sector's middle half€20,544within the sector's middle half▲ 184%€26,905within the sector's middle half▲ 31.0%€42,396within the sector's middle half▲ 57.6%€47,794within the sector's middle half▲ 12.7%
Total assets€101,099within the sector's middle half▲ 10.9%€100,867within the sector's middle half▼ 0.2%€135,806within the sector's middle half▲ 34.6%€114,269within the sector's middle half▼ 15.9%€257,870within the sector's middle half▲ 126%
Debt€93,866▼ 0.4%€80,323▼ 14.4%€108,901▲ 35.6%€71,873▼ 34.0%€210,076▲ 192%
Working capital-€4,993within the sector's middle half▲ 23.2%-€3,295within the sector's middle half▲ 34.0%-€18,876below the sector's middle half▼ 473%€10,169within the sector's middle half-€13,754below the sector's middle half
Solvency7.2%below the sector's middle half▲ 10.5pp20.4%within the sector's middle half▲ 13.2pp19.8%within the sector's middle half▼ 0.6pp37.1%within the sector's middle half▲ 17.3pp18.5%within the sector's middle half▼ 18.6pp
Current ratio0.89within the sector's middle half=0.94within the sector's middle half▲ 0.050.77below the sector's middle half▼ 0.171.19within the sector's middle half▲ 0.420.85within the sector's middle half▼ 0.33
Return on assets (ROA)10.2%within the sector's middle half▲ 16.2pp13.2%within the sector's middle half▲ 3.0pp4.7%within the sector's middle half▼ 8.5pp13.6%within the sector's middle half▲ 8.9pp2.1%within the sector's middle half▼ 11.5pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 57% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €257,870
Fixed assets
€176,775 ▲ 251%
Current assets
€81,095 ▲ 26.9%
Equity and liabilities €257,870
Equity
€47,794 ▲ 12.7%
Debt
€210,076 ▲ 192%
Debt's share of the balance-sheet total rises from 62.9% to 81.5%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€36,684▼
2023 · €48,972
Cash flow
€30,843▼
2023 · €38,355
Debt to equity
4.40▲
2023 · 1.70
ROE
11.3%▼
2023 · 36.5%
Interest coverage
7.44▼
2023 · 17.44
Debt ≤ 1 year
€94,849▲
2023 · €53,755
Debt > 1 year
€115,008▲
2023 · €17,932
Income taxes
€1,876▼
2023 · €8,497
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
1.6%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,596 | - | €5,593 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,162 | €14,027 | €19,065 | €22,864 | €25,445 | ▲ 11.3% |
| Other operating charges640/8 | - | €12,166 | €14,088 | €14,819 | €18,036 | ▲ 21.7% |
| Gross operating margin9900 | €41,792 | €50,429 | €45,104 | €63,791 | €54,721 | ▼ 14.2% |
| Operating profit (loss)9901 | €18,359 | €24,236 | €11,952 | €26,107 | €11,239 | ▼ 57.0% |
| Financial income75/76B | - | €206 | €414 | €688 | €964 | ▲ 40.2% |
| Recurring financial income75 | €555 | €206 | €414 | €688 | €964 | ▲ 40.2% |
| Financial charges65/66B | - | €3,877 | €3,265 | €2,807 | €4,929 | ▲ 75.6% |
| Recurring financial charges65 | €4,830 | €3,877 | €3,265 | €2,807 | €4,929 | ▲ 75.6% |
| Profit (loss) for the period before taxes9903 | €14,084 | €20,566 | €9,100 | €23,987 | €7,274 | ▼ 69.7% |
| Income taxes67/77 | €3,800 | €7,255 | €2,738 | €8,497 | €1,876 | ▼ 77.9% |
| Profit (loss) for the period9904 | €10,284 | €13,311 | €6,361 | €15,491 | €5,398 | ▼ 65.2% |
| Profit (loss) for the period to be appropriated9905 | €10,284 | €13,311 | €6,361 | €15,491 | €5,398 | ▼ 65.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,099 | €100,867 | €135,806 | €114,269 | €257,870 | ▲ 126% |
| Fixed assets21/28 | €59,396 | €46,494 | €73,210 | €50,345 | €176,775 | ▲ 251% |
| Tangible fixed assets22/27 | €50,396 | €37,494 | €64,210 | €41,345 | €167,775 | ▲ 306% |
| Plant, machinery and equipment23 | - | €994 | €769 | €544 | €319 | ▼ 41.4% |
| Furniture and vehicles24 | - | €2,475 | €25,317 | €16,236 | €2,292 | ▼ 85.9% |
| Leasing and similar rights25 | - | €33,426 | €37,824 | €24,565 | €165,164 | ▲ 572% |
| Other tangible fixed assets26 | - | €600 | €300 | - | - | - |
| Financial fixed assets28 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Current assets29/58 | €41,703 | €54,373 | €62,596 | €63,924 | €81,095 | ▲ 26.9% |
| Amounts receivable after more than one year29 | - | €7,500 | €15,000 | €25,000 | €35,000 | ▲ 40.0% |
| Other amounts receivable291 | - | €7,500 | €15,000 | €25,000 | €35,000 | ▲ 40.0% |
| Amounts receivable within one year40/41 | €31,936 | €29,694 | €30,364 | €35,959 | €39,990 | ▲ 11.2% |
| Trade receivables40 | - | €19,401 | €19,255 | €21,009 | €21,795 | ▲ 3.7% |
| Other amounts receivable41 | - | €10,293 | €11,109 | €14,949 | €18,195 | ▲ 21.7% |
| Cash at bank and in hand54/58 | €6,405 | €14,569 | €14,033 | €2,500 | €1,881 | ▼ 24.8% |
| Deferred charges and accrued income490/1 | - | €2,610 | €3,200 | €465 | €4,225 | ▲ 809% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,099 | €100,867 | €135,806 | €114,269 | €257,870 | ▲ 126% |
| Equity10/15 | €7,233 | €20,544 | €26,905 | €42,396 | €47,794 | ▲ 12.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €100 | €13,100 | €19,100 | €34,100 | €39,350 | ▲ 15.4% |
| Non-distributable reserves130/1 | - | €100 | €100 | €100 | €100 | = |
| Reserves not available under the articles1311 | - | €100 | €100 | €100 | €100 | = |
| Distributable reserves133 | - | €13,000 | €19,000 | €34,000 | €39,250 | ▲ 15.4% |
| Profit (loss) carried forward14 | €933 | €1,244 | €1,605 | €2,096 | €2,244 | ▲ 7.1% |
| Amounts payable17/49 | €93,866 | €80,323 | €108,901 | €71,873 | €210,076 | ▲ 192% |
| Amounts payable after more than one year17 | €46,991 | €22,463 | €27,250 | €17,932 | €115,008 | ▲ 541% |
| Financial debts170/4 | - | €22,463 | €27,250 | €17,932 | €115,008 | ▲ 541% |
| Amounts payable within one year42/48 | €46,696 | €57,668 | €81,472 | €53,755 | €94,849 | ▲ 76.4% |
| Current portion of amounts payable after more than one year42 | - | €15,528 | €21,943 | €18,943 | €37,401 | ▲ 97.4% |
| Financial debts43 | - | €19,170 | €17,743 | €11,937 | €18,987 | ▲ 59.1% |
| Credit institutions430/8 | - | €19,170 | €17,743 | €11,937 | €18,987 | ▲ 59.1% |
| Trade debts44 | €22,592 | €14,712 | €37,003 | €16,284 | €32,339 | ▲ 98.6% |
| Suppliers440/4 | - | €14,712 | €37,003 | €16,284 | €32,339 | ▲ 98.6% |
| Taxes, remuneration and social security45 | - | €6,776 | €3,676 | €4,202 | €4,154 | ▼ 1.1% |
| Taxes450/3 | - | €6,776 | €3,676 | €4,202 | €4,154 | ▼ 1.1% |
| Other amounts payable47/48 | - | €1,483 | €1,107 | €2,389 | €1,969 | ▼ 17.6% |
| Accrued charges and deferred income492/3 | - | €192 | €179 | €186 | €219 | ▲ 17.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,284 | €13,311 | €6,361 | €15,491 | €5,398 | ▼ 65.2% |
| + Depreciation and write-downs630 | €12,162 | €14,027 | €19,065 | €22,864 | €25,445 | ▲ 11.3% |
| Operating cash flow (approximation) | €22,446 | €27,338 | €25,426 | €38,355 | €30,843 | ▼ 19.6% |
| Investment in fixed assets (approximation) | - | -€1,125 | -€45,781 | €0 | -€151,875 | - |
| Change in cash | - | €8,163 | -€536 | -€11,533 | -€620 | ▲ 94.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
ERCIYAS
BE 1003.522.507
Turnhout · Eq €47,772
RIKANCYVES
BE 0862.940.902
Sint-Niklaas · Eq €47,756
Alim Lines
BE 0730.645.174
Dessel · Eq €47,751
RE - TRANS
BE 0464.231.409
Torhout · Eq €47,839
MAKTRANS
BE 0834.162.386
Dilbeek · Eq €47,854
Of 12,573 companies in this sector we hold annual accounts for 8,205. 5,969 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 29-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €15,491 ▲144%
Operating result €26,107, net result €15,491, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €10,284
Net result €10,284 after 2 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€5,496
Net result drops to -€5,496, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteTorhoutunit no. 2.165.663.867
Company details
Private limited company (pre-2019) · founded 06-10-2007Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded06-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0892694859
Also
9925:BE0892694859
Registered
17-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Torhout · 1 establishment unit since 2007
Ground area
1,126 m²
Building footprint
168 m²
Volume, LiDAR
883 m³
Parcel 31522B0430/00X000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SE TRANS
since 2007unit no. 2.165.663.867
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0430/00X000 | Flanders | 1,125 m² | 1 · 168 m² | 8.7 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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