Setra Cleaning
ActiveSummary
Setra Cleaning has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,870 and a net result of €74,084. Equity is shrinking by ~58.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 15% of 1918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
Freight transport by road
NACE 49410
1 site
How big
€218,905total assets 2025
- Staff
- 3 FTE
- Equity
- €19,870
- Profit
- €74,084
Turnover not published (abridged schema)
Who decides
Accounts filed 27 d late0 of 11 deeds read
Why 62- Higher-failure-rate sector- Weak solvency vs sector+ Annual accounts: healthy financial profile+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+92
Solvency34▲+34
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 0.49 in 2024; short-term debt: 72.7% and cash: 25.6% of total assets), and 90.9% 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
Five 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
9.1%
Return on assets
33.8%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1918 sector peers (2025).
NBB · sector comparisonPosition among 1918 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
56 d late
2023
30 d late
2022
85 d late
2021
74 d late
2020
31 d late
2019
122 d late
← 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 61 days after 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 25 September (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 · abbreviated…
- Back to profitnet €74,084
- Liquidity doublescurrent ratio 1.06
Financials
Fiscal year 2025Total assets €218,905Profit €74,084Solvency 9.1%Liquidity 1.06
Turnover
€305,529
2024
Net result
€74,084
2018 - 2025
Equity
€19,870
2018 - 2025
Staff (FTE)
3▼ 3.2%
2023 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€305,529
Operating result-€5,541▼ 52.7%-€10,454▼ 88.7%-€8,736▲ 16.4%-€16,096▼ 84.2%€102,562
Net result-€16,232below the sector's middle half▼ 26.8%-€14,324below the sector's middle half▲ 11.8%-€17,992below the sector's middle half▼ 25.6%-€22,064below the sector's middle half▼ 22.6%€74,084within the sector's middle half
EBIT margin-5.3%
Equity€166below the sector's middle half▼ 99.0%-€14,157below the sector's middle half-€32,150below the sector's middle half▼ 127%-€54,214below the sector's middle half▼ 68.6%€19,870below the sector's middle half
Total assets€84,984within the sector's middle half▼ 9.9%€143,360within the sector's middle half▲ 68.7%€130,698within the sector's middle half▼ 8.8%€113,339within the sector's middle half▼ 13.3%€218,905below the sector's middle half▲ 93.1%
Debt€84,817▲ 8.8%€157,518▲ 85.7%€162,848▲ 3.4%€167,553▲ 2.9%€199,035▲ 18.8%
Working capital-€12,221below the sector's middle half-€31,531below the sector's middle half▼ 158%-€53,234below the sector's middle half▼ 68.8%-€72,069below the sector's middle half▼ 35.4%€9,864within the sector's middle half
Solvency0.2%below the sector's middle half▼ 17.2pp-9.9%below the sector's middle half▼ 10.1pp-24.6%below the sector's middle half▼ 14.7pp-47.8%below the sector's middle half▼ 23.2pp9.1%below the sector's middle half▲ 56.9pp
Current ratio0.83below the sector's middle half▼ 0.180.68below the sector's middle half▼ 0.150.57below the sector's middle half▼ 0.110.49below the sector's middle half▼ 0.081.06within the sector's middle half▲ 0.57
Return on assets (ROA)-19.1%below the sector's middle half▼ 5.5pp-10.0%below the sector's middle half▲ 9.1pp-13.8%below the sector's middle half▼ 3.8pp-19.5%below the sector's middle half▼ 5.7pp33.8%above the sector's middle half▲ 53.3pp
Staff (FTE)3.13below the sector's middle half
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 abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €102,562 after a loss of €16,096 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €218,905
Fixed assets
€49,881 ▲ 15.9%
Current assets
€169,024 ▲ 140%
Equity and liabilities €218,905
Equity
€19,870
Debt
€199,035
Debt finances 90.9% of the balance-sheet total.
Key figures and ratios
Key figures and ratios
EBITDA
€121,293▲
2024 · €729
Cash flow
€92,815▲
2024 · -€5,239
Debt to equity
10.02
ROE
372.8%
Interest coverage
24.69▲
2024 · 0.13
Debt ≤ 1 year
€159,160▲
2024 · €142,362
Debt > 1 year
€39,125▲
2024 · €23,591
Income taxes
€24,067▲
2024 · €443
Staff costs
€102,407▼
2024 · €121,657
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.4%
went bankrupt
3.2%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 1,325 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €305,529 | - | - |
| Non-recurring operating income76A | - | €809 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €196,388 | - | - |
| Remuneration, social security and pensions62 | €33,623 | €92,972 | €108,419 | €121,657 | €102,407 | ▼ 15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,457 | €19,366 | €22,548 | €16,825 | €18,731 | ▲ 11.3% |
| Other operating charges640/8 | €3,520 | €5,725 | €10,171 | €2,062 | €2,455 | ▲ 19.0% |
| Non-recurring operating charges66A | - | €8,080 | - | - | - | - |
| Gross operating margin9900 | €43,060 | €115,689 | €132,403 | €124,448 | €226,155 | ▲ 81.7% |
| Operating profit (loss)9901 | -€5,541 | -€10,454 | -€8,736 | -€16,096 | €102,562 | ▲ 737% |
| Financial income75/76B | €612 | €1 | €3 | €2 | €501 | ▲ 24,971% |
| Recurring financial income75 | €612 | €1 | €3 | €2 | €501 | ▲ 24,971% |
| Financial charges65/66B | €10,880 | €3,337 | €8,831 | €5,527 | €4,913 | ▼ 11.1% |
| Recurring financial charges65 | €10,880 | €3,337 | €8,831 | €5,527 | €4,913 | ▼ 11.1% |
| Profit (loss) for the period before taxes9903 | -€15,808 | -€13,790 | -€17,564 | -€21,621 | €98,151 | ▲ 554% |
| Income taxes67/77 | €424 | €533 | €428 | €443 | €24,067 | ▲ 5,333% |
| Profit (loss) for the period9904 | -€16,232 | -€14,324 | -€17,992 | -€22,064 | €74,084 | ▲ 436% |
| Profit (loss) for the period to be appropriated9905 | -€16,232 | -€14,324 | -€17,992 | -€22,064 | €74,084 | ▲ 436% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84,984 | €143,360 | €130,698 | €113,339 | €218,905 | ▲ 93.1% |
| Fixed assets21/28 | €26,412 | €76,220 | €59,871 | €43,046 | €49,881 | ▲ 15.9% |
| Tangible fixed assets22/27 | €25,162 | €73,970 | €58,621 | €41,796 | €48,631 | ▲ 16.4% |
| Land and buildings22 | - | - | - | - | €2,646 | - |
| Plant, machinery and equipment23 | - | - | - | - | €860 | - |
| Furniture and vehicles24 | €25,162 | €73,970 | €58,621 | €41,796 | €45,125 | ▲ 8.0% |
| Financial fixed assets28 | €1,250 | €2,250 | €1,250 | €1,250 | €1,250 | = |
| Current assets29/58 | €58,572 | €67,141 | €70,827 | €70,293 | €169,024 | ▲ 140% |
| Amounts receivable within one year40/41 | €48,010 | €45,416 | €45,688 | €45,693 | €109,276 | ▲ 139% |
| Trade receivables40 | €37,913 | €35,416 | €34,688 | €34,693 | €85,746 | ▲ 147% |
| Other amounts receivable41 | €10,097 | €10,000 | €11,000 | €11,000 | €23,530 | ▲ 114% |
| Cash at bank and in hand54/58 | €7,988 | €19,496 | €21,402 | €22,289 | €56,105 | ▲ 152% |
| Deferred charges and accrued income490/1 | €2,574 | €2,229 | €3,737 | €2,311 | €3,643 | ▲ 57.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84,984 | €143,360 | €130,698 | €113,339 | €218,905 | ▲ 93.1% |
| Equity10/15 | €166 | -€14,157 | -€32,150 | -€54,214 | €19,870 | ▲ 137% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €17,436 | €17,436 | €17,436 | €17,436 | €17,436 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €15,576 | €15,576 | €15,576 | €15,576 | €15,576 | = |
| Profit (loss) carried forward14 | -€23,470 | -€37,793 | -€55,786 | -€77,850 | -€3,766 | ▲ 95.2% |
| Amounts payable17/49 | €84,817 | €157,518 | €162,848 | €167,553 | €199,035 | ▲ 18.8% |
| Amounts payable after more than one year17 | €13,912 | €58,609 | €38,787 | €23,591 | €39,125 | ▲ 65.8% |
| Financial debts170/4 | €13,912 | €58,609 | €38,787 | €23,591 | €39,125 | ▲ 65.8% |
| Amounts payable within one year42/48 | €70,793 | €98,672 | €124,061 | €142,362 | €159,160 | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | €17,516 | €20,900 | €17,388 | €17,800 | €26,023 | ▲ 46.2% |
| Trade debts44 | €15,029 | €13,406 | €47,341 | €69,100 | €67,959 | ▼ 1.7% |
| Suppliers440/4 | €15,029 | €13,406 | €47,341 | €69,100 | €67,959 | ▼ 1.7% |
| Taxes, remuneration and social security45 | €16,911 | €32,378 | €42,980 | €41,786 | €65,177 | ▲ 56.0% |
| Taxes450/3 | €9,209 | €15,671 | €12,821 | €9,917 | €52,386 | ▲ 428% |
| Remuneration and social security454/9 | €7,702 | €16,707 | €30,159 | €31,869 | €12,791 | ▼ 59.9% |
| Other amounts payable47/48 | €21,337 | €31,988 | €16,352 | €13,676 | - | - |
| Accrued charges and deferred income492/3 | €113 | €236 | - | €1,600 | €750 | ▼ 53.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,232 | -€14,324 | -€17,992 | -€22,064 | €74,084 | ▲ 436% |
| + Depreciation and write-downs630 | €11,457 | €19,366 | €22,548 | €16,825 | €18,731 | ▲ 11.3% |
| Operating cash flow (approximation) | -€4,775 | €5,042 | €4,556 | -€5,239 | €92,815 | ▲ 1,872% |
| Investment in fixed assets (approximation) | - | -€69,174 | -€6,200 | €0 | -€25,566 | ▼ 36,523,314% |
| Change in cash | - | €11,507 | €1,906 | €887 | €33,816 | ▲ 3,711% |
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
MD-TRANS
BE 0872.567.656
Tessenderlo-Ham · Eq €19,868
SAP.TRANS
BE 0645.755.229
Profondeville · Eq €19,875
ATA EXPRESS
BE 0824.819.209
Evere · Eq €19,875
RAUWSTOR TRANSPORTS
BE 0723.936.140
Sint-Pieters-Leeuw · Eq €19,854
Safe Transport Belgium
BE 0745.362.252
Halle · Eq €19,849
Of 12,573 companies in this sector we hold annual accounts for 8,205. 4,963 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 27-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Back to profitnet €74,084
Net result €74,084 after 5 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.06
Current ratio from 0.49 to 1.06.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet -€22,064
Net result drops to -€22,064, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
31-07
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.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Support & recognitions
1 funding sourceFlanders €3,1301 register with a recognition
Flemish government
€3,130
awarded · 2022
Subsidies and aid
Flemish government
2022 · 1 entry · €3,130 awarded · €3,130 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | €3,130 | €3,130 |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Company details
Private limited company (pre-2019) · founded 09-01-2014Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded09-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0543975109
Also
9925:BE0543975109
Registered
27-05-2025
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, Oudsbergen · 1 establishment unit since 2014
Ground area
671 m²
Building footprint
163 m²
Volume, LiDAR
937 m³
Parcel 71562B0904/00Y052, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Setra Cleaning & transport
since 2014unit no. 2.231.323.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0904/00Y052 | Flanders | 671 m² | 1 · 163 m² | 6.6 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 What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.