Skip to content

SIDETRA

Active
Private limited companyfounded 201115 yrs activeTrakelweg 51, 8800 Roeselare, BelgiumKBO/BCE: BE 0836.883.336
Summary

The computed 12-month bankruptcy probability of SIDETRA is 1.5% (moderate). The 2024 annual accounts show equity of €98,691 and a net result of -€69,061. Equity remains stable across the filed fiscal years (±1.5% per year). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability62▼-10
Solvency33▼-5
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 0.78 in 2023; short-term debt: 71.7% and cash: 17.1% of total assets), and 92.3% 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 →
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 2024
Solvency, return and age of the figures
Solvency
7.7%
Return on assets
-5.4%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 d early
2024
82 d late
2023
31 d late
2022
on the day
2021
2 d early
2020
on the day
2019
on the day
← 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 10 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 31 July (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 June 2011, SIDETRA was incorporated.1 Total assets went from EUR 571,473 in 2018 to EUR 1.3 million in 2024 and headcount from 5.3 to 3.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€98,691▼ 41.2%
2023 · €167,753
Total assets
€1.3m▲ 1.3%
2023 · €1.3m
Net result
-€69,061
2023 · €35,525
Working capital
€139,930
2023 · -€191,154
Trend over the years

Click a name to add, emphasise or remove a line.Band: 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€136,646▲ 118%€78,518▼ 42.5%-€160,063€42,989€65,343▲ 52.0%
Net result€92,563within the sector's middle half▲ 117%€59,339within the sector's middle half▼ 35.9%-€170,252below the sector's middle half€35,525above the sector's middle half-€69,061below the sector's middle half
Equity€243,141within the sector's middle half▲ 61.5%€302,480within the sector's middle half▲ 24.4%€132,228above the sector's middle half▼ 56.3%€167,753above the sector's middle half▲ 26.9%€98,691below the sector's middle half▼ 41.2%
Total assets€849,982within the sector's middle half▲ 30.8%€1.0mwithin the sector's middle half▲ 19.7%€1.4mabove the sector's middle half▲ 40.2%€1.3mabove the sector's middle half▼ 11.1%€1.3mwithin the sector's middle half▲ 1.3%
Debt€606,841▲ 21.6%€715,107▲ 17.8%€1.3m▲ 81.1%€1.1m▼ 15.0%€1.2m▲ 7.8%
Working capital€110,430within the sector's middle half▼ 12.3%€120,937within the sector's middle half▲ 9.5%-€318,451below the sector's middle half-€191,154below the sector's middle half▲ 40.0%€139,930within the sector's middle half
Solvency28.6%within the sector's middle half▲ 5.4pp29.7%within the sector's middle half▲ 1.1pp9.3%below the sector's middle half▼ 20.5pp13.2%below the sector's middle half▲ 4.0pp7.7%below the sector's middle half▼ 5.5pp
Current ratio1.25within the sector's middle half▼ 0.251.23within the sector's middle half▼ 0.020.65below the sector's middle half▼ 0.580.78below the sector's middle half▲ 0.121.15within the sector's middle half▲ 0.37
Return on assets (ROA)10.9%above the sector's middle half▲ 4.3pp5.8%within the sector's middle half▼ 5.1pp-11.9%below the sector's middle half▼ 17.8pp2.8%within the sector's middle half▲ 14.7pp-5.4%below the sector's middle half▼ 8.2pp
Staff (FTE)5within the sector's middle half▼ 24.2%5.9within the sector's middle half▲ 18.0%7.2▲ 22.0%4.1▼ 43.1%3.2below the sector's middle half▼ 22.0%
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 per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000Operating result 2020: €136,646€136,646Net result 2020: €92,563€92,563Operating result 2021: €78,518€78,518Net result 2021: €59,339€59,339Operating result 2022: -€160,063-€160,063Net result 2022: -€170,252-€170,252Operating result 2023: €42,989€42,989Net result 2023: €35,525€35,525Operating result 2024: €65,343€65,343Net result 2024: -€69,061-€69,06120202021202220232024-€200,000-€100,000€0€100,000Operating result 2022: -€160,063-€160,000Net result 2022: -€170,252-€170,000Operating result 2023: €42,989€43,000Net result 2023: €35,525€35,500Operating result 2024: €65,343€65,300Net result 2024: -€69,061-€69,100202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 52% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €224,018 ▼ 62.5%
Current assets €1.1m ▲ 58.2%
Equity and liabilities €1.3m
Equity €98,691 ▼ 41.2%
Debt €1.2m ▲ 7.8%
Debt's share of the balance-sheet total rises from 86.8% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€118,522▼
2023 · €280,545
Cash flow
-€15,882▼
2023 · €273,081
Debt to equity
12.03▲
2023 · 6.56
ROE
-70.0%▼
2023 · 21.2%
Interest coverage
6.35▼
2023 · 37.59
Debt ≤ 1 year
€921,546▲
2023 · €862,109
Debt > 1 year
€265,257▲
2023 · €238,746
Staff costs
€170,801▼
2023 · €243,829
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,037 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a small loss
2.9% went bankrupt
2.9% stopped otherwise
94% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 1,037 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€1.3m▲
Fixed assets21/28€597,653€224,018▼
Tangible fixed assets22/27€597,653€224,018▼
Plant, machinery and equipment23€2,640€1,877▼
Furniture and vehicles24€50,216€30,260▼
Leasing and similar rights25€544,797€191,882▼
Current assets29/58€670,955€1.1m▲
Amounts receivable within one year40/41€655,459€839,019▲
Trade receivables40€622,656€834,193▲
Other amounts receivable41€32,803€4,826▼
Cash at bank and in hand54/58€9,486€219,901▲
Deferred charges and accrued income490/1€6,010€2,555▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▲
Equity10/15€167,753€98,691▼
Contributions10/11€70,000€70,000=
Reserves13€232,480€232,480=
Distributable reserves133€232,480€232,480=
Profit (loss) carried forward14-€134,727-€203,788▼
Amounts payable17/49€1.1m€1.2m▲
Amounts payable after more than one year17€238,746€265,257▲
Financial debts170/4€238,746€265,257▲
Amounts payable within one year42/48€862,109€921,546▲
Current portion of amounts payable after more than one year42€137,085€149,857▲
Trade debts44€203,870€332,413▲
Suppliers440/4€203,870€332,413▲
Taxes, remuneration and social security45€108,980€21,733▼
Taxes450/3€101,390€4,563▼
Remuneration and social security454/9€7,590€17,170▲
Other amounts payable47/48€412,174€417,543▲
Income statement Code20232024
Non-recurring operating income76A-€66,000
Remuneration, social security and pensions62€243,829€170,801▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€237,556€53,179▼
Other operating charges640/8€5,240€136,586▲
Gross operating margin9900€529,614€425,908▼
Operating profit (loss)9901€42,989€65,343▲
Financial income75/76B-€23
Recurring financial income75-€23
Financial charges65/66B€7,464€134,427▲
Recurring financial charges65€7,464€18,663▲
Non-recurring financial charges66B-€115,764
Profit (loss) for the period before taxes9903€35,525-€69,061▼
Profit (loss) for the period9904€35,525-€69,061▼
Profit (loss) for the period to be appropriated9905€35,525-€69,061▼
Appropriation of the result
Profit (loss) to be appropriated9906-€134,727-€203,788▼
Profit (loss) brought forward from the previous period14P-€170,252-€134,727▲
Social balance
Average headcount (FTE)9087-3.2

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€66,000-
Remuneration, social security and pensions62-€301,487€336,404€243,829€170,801▼ 30.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108,684€109,491€246,338€237,556€53,179▼ 77.6%
Other operating charges640/8-€3,171€12,252€5,240€136,586▲ 2,507%
Gross operating margin9900€503,657€492,667€434,931€529,614€425,908▼ 19.6%
Operating profit (loss)9901€136,646€78,518-€160,063€42,989€65,343▲ 52.0%
Financial income75/76B--€166-€23-
Recurring financial income75€579-€166-€23-
Financial charges65/66B-€5,039€10,355€7,464€134,427▲ 1,701%
Recurring financial charges65€6,709€5,039€10,355€7,464€18,663▲ 150%
Non-recurring financial charges66B----€115,764-
Profit (loss) for the period before taxes9903€130,516€73,479-€170,252€35,525-€69,061▼ 294%
Income taxes67/77€37,953€14,140----
Profit (loss) for the period9904€92,563€59,339-€170,252€35,525-€69,061▼ 294%
Profit (loss) for the period to be appropriated9905€92,563€59,339-€170,252€35,525-€69,061▼ 294%
Line20202021202220232024Change
Assets
Total assets20/58€849,982€1.0m€1.4m€1.3m€1.3m▲ 1.3%
Fixed assets21/28€301,474€375,872€826,760€597,653€224,018▼ 62.5%
Tangible fixed assets22/27€301,474€375,872€826,760€597,653€224,018▼ 62.5%
Plant, machinery and equipment23-€3,333€4,868€2,640€1,877▼ 28.9%
Furniture and vehicles24-€115,314€72,077€50,216€30,260▼ 39.7%
Leasing and similar rights25-€257,225€749,815€544,797€191,882▼ 64.8%
Current assets29/58€548,508€641,715€600,373€670,955€1.1m▲ 58.2%
Amounts receivable within one year40/41€515,259€614,640€544,809€655,459€839,019▲ 28.0%
Trade receivables40-€609,560€514,144€622,656€834,193▲ 34.0%
Other amounts receivable41-€5,080€30,665€32,803€4,826▼ 85.3%
Cash at bank and in hand54/58€32,820€17,244€54,833€9,486€219,901▲ 2,218%
Deferred charges and accrued income490/1-€9,831€731€6,010€2,555▼ 57.5%
Equity and liabilities
Total equity and liabilities10/49€849,982€1.0m€1.4m€1.3m€1.3m▲ 1.3%
Equity10/15€243,141€302,480€132,228€167,753€98,691▼ 41.2%
Contributions10/11-€70,000€70,000€70,000€70,000=
Reserves13€173,141€232,480€232,480€232,480€232,480=
Distributable reserves133-€232,480€232,480€232,480€232,480=
Profit (loss) carried forward14---€170,252-€134,727-€203,788▼ 51.3%
Amounts payable17/49€606,841€715,107€1.3m€1.1m€1.2m▲ 7.8%
Amounts payable after more than one year17€168,763€194,329€376,081€238,746€265,257▲ 11.1%
Financial debts170/4-€194,329€376,081€238,746€265,257▲ 11.1%
Amounts payable within one year42/48€438,078€520,778€918,824€862,109€921,546▲ 6.9%
Current portion of amounts payable after more than one year42-€144,399€195,362€137,085€149,857▲ 9.3%
Trade debts44€213,079€217,434€206,279€203,870€332,413▲ 63.1%
Suppliers440/4-€217,434€206,279€203,870€332,413▲ 63.1%
Taxes, remuneration and social security45-€104,628€105,072€108,980€21,733▼ 80.1%
Taxes450/3-€67,047€74,148€101,390€4,563▼ 95.5%
Remuneration and social security454/9-€37,581€30,924€7,590€17,170▲ 126%
Other amounts payable47/48-€54,317€412,111€412,174€417,543▲ 1.3%
Line20202021202220232024Change
Profit (loss) for the period9904€92,563€59,339-€170,252€35,525-€69,061▼ 294%
+ Depreciation and write-downs630€108,684€109,491€246,338€237,556€53,179▼ 77.6%
Operating cash flow (approximation)€201,247€168,830€76,086€273,081-€15,882▼ 106%
Investment in fixed assets (approximation)--€183,889-€697,226-€8,449€320,456▲ 3,893%
Change in cash--€15,576€37,589-€45,347€210,415▲ 564%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 82 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Back to profitnet €35,525
Net result €35,525 after one loss-making year.
31-12
Financial Equity above €150,000Eq €167,753 ▲26.9%
Equity rises from €132,228 to €167,753.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€170,252
Net result drops to -€170,252, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €92,563 ▲117%
Operating result €136,646, net result €92,563, both a record.
31-12
Financial Equity above €200,000Eq €243,141 ▲61.5%
3 profitable years in a row build equity to €243,141.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial Equity above €150,000Eq €150,577 ▲39.5%
2 profitable years in a row build equity to €150,577.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
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 3 acts read
About the unread acts

We know of 3 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.

Directors · office · real estate

Directors
3 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, Roeselare · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
4,466 m²
Building footprint
420 m²
Volume, LiDAR
1,822 m³
Parcel 36502B0784/02L006, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Trakelweg 51, 8800 Roeselare
Freight transport by road
since 20112.203.126.455
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36502B0784/02L006 Flanders 4,466 m² 1 · 420 m² 7.3 m · 1 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 · 4 entries · 1,512 EUR awarded · 1,077 EUR paid
Year Entries awardedpaid
2025 1 770 EUR375 EUR
2024 1 458 EUR458 EUR
2023 1 0 EUR203 EUR
2022 1 284 EUR41 EUR
Schemes
4 entries · 1,512 EUR · 1,077 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 6,339 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
Founded06-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0836883336

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.