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SITTAM TRANSPORTS

Active
Private limited companyfounded 2017active for 9 yearsRue de Huy 4, 4280 Hannut, BelgiumKBO/BCE: BE 0678.404.637
Summary

SITTAM TRANSPORTS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €569,809. Equity has been growing by about 42% per year since 2018. Its solvency ranks better than 75% of 2,400 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-07-2017 Normal situation
Activity
Freight transport by road NACE 49410
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
Establishment unit
2.265.807.459 4280 Hannut, since 07-07-2017
Financial year end
31 December
Peppol
Reachable since 21-12-2025

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€2.2m
▲ 27.7%
Turnover
≈ €4.2m
estimated
Profit
€569,809
▲ 43.9%
Equity
€1.5m
▲ 17.2%
Total assets
€2.4m
▲ 7.7%
Employees on 31-12-2025
14
▲ 16.7%
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskLiquidity: current ratio 1.52, cash €507,764Equity €1.5m (61.3% of total assets)Figures for financial year 2025 (filed on 21-07-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 82% of small companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 86+5
equity 61.3% of total assets
Liquidity 65=
short-term debt 28.1% · cash 21.1%
Profitability 98+7
return on assets 23.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,178 companies, NACE 49, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (1.76 in 2024), above the usual 1.5. Short-term debt is 28.1% and cash 21.1% of total assets. 38.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, small). It does better than 78% of them on solvency, 81% on liquidity, 97% on profitability and 74% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.52, cash €507,764
NBB · annual accounts
lowers risk · Equity €1.5m (61.3% of total assets)
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Figures for financial year 2025 (filed on 21-07-2026)
NBB · annual accounts
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 21-07-2026, 10 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
10 days early
2024
39 days early
2023
1 day early
2022
45 days early
2021
5 days early
2020
57 days early
2019
78 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in land transportsector median €22,661 · 2,396 companies €569,809 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €569,809 8 years View
  • Positive: Result rose in 2025from €395,966 to €569,809 ▲ 43.9% View

Recent changes

  1. · Gazette deed Change of role: ‘s HEEREN Raphaël, from manager to director
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SITTAM TRANSPORTS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.8m and €2.5m, founded between 2016 and 2019.

CompanyTotal assetsGross margin
SITTAM TRANSPORTS Hannut€2.4m€2.2m
TRANSPORT DECERF Welkenraedt€2.3m€1.6m
GSH Transports Waremme€2.3m€1.4m
DADIX GROUP Beveren-Kruibeke-Zwijndrecht€2.0m€1.7m
Embelco Art Shipping Etterbeek€1.8m€1.7m
P.S. Transport Staden€1.9m€1.5m
Alando Global Antwerpen€2.5m€3.1m
Full comparison

Key facts about SITTAM TRANSPORTS

What is the company number of SITTAM TRANSPORTS?
The company number of SITTAM TRANSPORTS is 0678.404.637. The VAT number is the same number with BE in front: BE 0678.404.637.
Where is SITTAM TRANSPORTS based?
The registered office is at Rue de Huy 4, 4280 Hannut.Company details
What does SITTAM TRANSPORTS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of SITTAM TRANSPORTS?
The legal form of SITTAM TRANSPORTS is Private limited company (BV).
When was SITTAM TRANSPORTS founded?
SITTAM TRANSPORTS was founded on 07-07-2017.
Is SITTAM TRANSPORTS still active?
Yes, SITTAM TRANSPORTS is an active enterprise in the KBO register.
How many employees does SITTAM TRANSPORTS have?
SITTAM TRANSPORTS had an average of 13.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SITTAM TRANSPORTS fall under?
In its 2025 annual accounts, SITTAM TRANSPORTS states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of SITTAM TRANSPORTS?
The turnover in financial year 2025 is ≈ €4.2m. This figure is estimated from the gross margin of €2.2m and 31 comparable companies (NACE 49410). It probably lies between €3.6m and €4.9m.
Is SITTAM TRANSPORTS profitable?
In financial year 2025, SITTAM TRANSPORTS made a profit of €569,809.
Where can I find the annual accounts of SITTAM TRANSPORTS?
SITTAM TRANSPORTS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SITTAM TRANSPORTS due?
SITTAM TRANSPORTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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