SEDITRANS
ActiveSummary
The computed 12-month bankruptcy probability of SEDITRANS is 1.8% (moderate). The 2024 annual accounts show equity of €12k and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 1124 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+66
Solvency30▲+7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.61 in 2023; short-term debt: 58.2% and cash: 44.7% of total assets), and 95.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
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
4.7%
Return on assets
5.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1124 sector peers (2024).
NBB · sector comparisonPosition among 1124 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
19 d late
2022
47 d early
2021
46 d early
2020
25 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k
2023 · €-11k
2018: €13k
2019: €12k▼ -8.2% vs 2018
2020: €-10k▼ -179% vs 2019
2021: €-17k▼ -73.0% vs 2020lowest in 7 years
2022: €9k▲ +152% vs 2021
2023: €-11k▼ -227% vs 2022
2024: €15k▲ +239% vs 2023highest in 7 years
2018 → 2024
Working capital
€7k
2023 · €-22k
2018: €13khighest in 7 years
2019: €11k▼ -15.2% vs 2018
2020: €3k▼ -74.8% vs 2019
2021: €-9k▼ -416% vs 2020
2022: €8k▲ +190% vs 2021
2023: €-22k▼ -379% vs 2022lowest in 7 years
2024: €7k▲ +132% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€-828€8k€-3k€12k
2020: €16khighest in 5 years
2021: €-828▼ -105% vs 2020
2022: €8k▲ +1060% vs 2021
2023: €-3k▼ -140% vs 2022lowest in 5 years
2024: €12k▲ +485% vs 2023
Operating result€-6k-€-14k▼ 124%€14k€-10k€22k
2020: €-6k
2021: €-14k▼ -124% vs 2020lowest in 5 years
2022: €14k▲ +202% vs 2021
2023: €-10k▼ -170% vs 2022
2024: €22k▲ +334% vs 2023highest in 5 years
Net result€-10k-€-17k▼ 73.0%€9k€-11k€15k
2020: €-10k
2021: €-17k▼ -73.0% vs 2020lowest in 5 years
2022: €9k▲ +152% vs 2021
2023: €-11k▼ -227% vs 2022
2024: €15k▲ +239% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €22k after a loss of €10k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €264k
Fixed assets
€103k ▼ 20.5%
Current assets
€161k ▲ 372%
Equity and liabilities €264k
Equity
€12k
Debt
€252k
Debt finances 95.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€49k▲
2023 · €-6k
Cash flow
€42k▲
2023 · €-8k
Current ratio
1.05▲
2023 · 0.61
Debt to equity
20.44▲
2023 · -52.22
ROE
126.0%
ROA
5.9%▲
2023 · -6.8%
Interest coverage
7.06▲
2023 · -4.06
Debt ≤ 1 year
€154k▲
2023 · €56k
Debt > 1 year
€98k▼
2023 · €111k
Staff costs
€70k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€164k€264k▲
Fixed assets21/28€130k€103k▼
Tangible fixed assets22/27€129k€103k▼
Leasing and similar rights25€129k€103k▼
Financial fixed assets28€135€135=
Current assets29/58€34k€161k▲
Amounts receivable within one year40/41€3k€43k▲
Trade receivables40€2k€30k▲
Other amounts receivable41€1k€12k▲
Cash at bank and in hand54/58€31k€118k▲
Deferred charges and accrued income490/1-€19
Equity and liabilities
Total equity and liabilities10/49€164k€264k▲
Equity10/15€-3k€12k▲
Contributions10/11€100€100=
Reserves13-€12k
Distributable reserves133-€12k
Profit (loss) carried forward14€-3k-
Amounts payable17/49€167k€252k▲
Amounts payable after more than one year17€111k€98k▼
Financial debts170/4€111k€98k▼
Amounts payable within one year42/48€56k€154k▲
Current portion of amounts payable after more than one year42€21k€27k▲
Trade debts44-€85k
Suppliers440/4-€85k
Taxes, remuneration and social security45-€6k
Taxes450/3-€241
Remuneration and social security454/9-€6k
Other amounts payable47/48€35k€35k=
Income statement
Code20232024
Remuneration, social security and pensions62-€70k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€27k▲
Other operating charges640/8€31€1k▲
Gross operating margin9900€-6k€120k▲
Operating profit (loss)9901€-10k€22k▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€-11k€15k▲
Profit (loss) for the period9904€-11k€15k▲
Profit (loss) for the period to be appropriated9905€-11k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€12k▲
Profit (loss) brought forward from the previous period14P€-18k€-3k▲
Transfer from equity791/2€26k-
Transfer to equity691/2-€12k
To other reserves6921-€12k
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €70k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €23k | - | €3k | €27k | ▲ 715% |
| Other operating charges640/8 | - | €7k | €571 | €31 | €1k | ▲ 4,275% |
| Gross operating margin9900 | €23k | €16k | €14k | €-6k | €120k | ▲ 2,007% |
| Operating profit (loss)9901 | €-6k | €-14k | €14k | €-10k | €22k | ▲ 334% |
| Financial income75/76B | - | €109 | - | - | - | - |
| Recurring financial income75 | €17 | €109 | - | - | - | - |
| Financial charges65/66B | - | €3k | €5k | €2k | €7k | ▲ 345% |
| Recurring financial charges65 | €4k | €3k | €5k | €2k | €7k | ▲ 345% |
| Profit (loss) for the period before taxes9903 | €-10k | €-17k | €9k | €-11k | €15k | ▲ 239% |
| Income taxes67/77 | €164 | €136 | €252 | - | - | - |
| Profit (loss) for the period9904 | €-10k | €-17k | €9k | €-11k | €15k | ▲ 239% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €-17k | €9k | €-11k | €15k | ▲ 239% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €113k | €88k | €8k | €164k | €264k | ▲ 61.2% |
| Fixed assets21/28 | €79k | €58k | €25 | €130k | €103k | ▼ 20.5% |
| Tangible fixed assets22/27 | €79k | €58k | - | €129k | €103k | ▼ 20.5% |
| Plant, machinery and equipment23 | - | €2k | - | - | - | - |
| Furniture and vehicles24 | - | €56k | - | - | - | - |
| Leasing and similar rights25 | - | - | - | €129k | €103k | ▼ 20.5% |
| Financial fixed assets28 | €25 | €25 | €25 | €135 | €135 | = |
| Current assets29/58 | €34k | €30k | €8k | €34k | €161k | ▲ 372% |
| Amounts receivable within one year40/41 | €19k | €12k | €4k | €3k | €43k | ▲ 1,411% |
| Trade receivables40 | - | €9k | - | €2k | €30k | ▲ 1,794% |
| Other amounts receivable41 | - | €3k | €4k | €1k | €12k | ▲ 910% |
| Cash at bank and in hand54/58 | €14k | €18k | €5k | €31k | €118k | ▲ 278% |
| Deferred charges and accrued income490/1 | - | €635 | - | - | €19 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €113k | €88k | €8k | €164k | €264k | ▲ 61.2% |
| Equity10/15 | €16k | €-828 | €8k | €-3k | €12k | ▲ 485% |
| Contributions10/11 | - | €100 | €100 | €100 | €100 | = |
| Reserves13 | €26k | €26k | €26k | - | €12k | - |
| Non-distributable reserves130/1 | - | €4k | €4k | - | - | - |
| Reserves not available under the articles1311 | - | €4k | €4k | - | - | - |
| Distributable reserves133 | - | €22k | €22k | - | €12k | - |
| Profit (loss) carried forward14 | €-10k | €-27k | €-18k | €-3k | - | - |
| Amounts payable17/49 | €97k | €89k | €252 | €167k | €252k | ▲ 50.7% |
| Amounts payable after more than one year17 | €66k | €50k | - | €111k | €98k | ▼ 11.6% |
| Financial debts170/4 | - | €50k | - | €111k | €98k | ▼ 11.6% |
| Amounts payable within one year42/48 | €31k | €39k | €252 | €56k | €154k | ▲ 174% |
| Current portion of amounts payable after more than one year42 | - | €19k | - | €21k | €27k | ▲ 29.2% |
| Trade debts44 | €5k | €9k | - | - | €85k | - |
| Suppliers440/4 | - | €9k | - | - | €85k | - |
| Taxes, remuneration and social security45 | - | €3k | €252 | - | €6k | - |
| Taxes450/3 | - | €136 | €252 | - | €241 | - |
| Remuneration and social security454/9 | - | €2k | - | - | €6k | - |
| Other amounts payable47/48 | - | €9k | - | €35k | €35k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €-17k | €9k | €-11k | €15k | ▲ 239% |
| + Depreciation and write-downs630 | €23k | €23k | - | €3k | €27k | ▲ 715% |
| Operating cash flow (approximation) | €13k | €6k | €9k | €-8k | €42k | ▲ 633% |
| Investment in fixed assets (approximation) | - | €-2k | €58k | €-133k | €0 | ▲ 100% |
| Change in cash | - | €4k | €-13k | €27k | €87k | ▲ 226% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-12
Financial
Liquidity times 42current ratio 32.45
Current ratio from 0.78 to 32.45; short-term debt falls from €39k to €252.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 acts for this company are 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, Tournai · 1 establishment unit since 2017
Ground area
1.9 ha
Building footprint
1.2 ha
Volume, LiDAR
155,989 m³
Parcel 57008D0179/00X002, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SEDITRANS
since 20172.270.849.281
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57008D0179/00X002 | Wallonia | 1.9 ha | 1 · 1.2 ha | 14.3 m · 4 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.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 4,218 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
Founded05-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.