SPB-TRANS
ActiveSummary
The computed 12-month bankruptcy probability of SPB-TRANS is 2.2% (moderate). The 2024 annual accounts show equity of €46,212 and a net result of €3,086. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 729 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability41▲+41
Solvency91▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.96 against 2.54 in 2023; short-term debt: 32.6% and cash: 1% of total assets), and 34.1% 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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% 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
65.9%
Return on assets
4.4%
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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
not confirmed
2024
71 d late
2023
91 d late
2022
152 d late
2021
153 d late
2020
152 d late
2019
149 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 128 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% of the sector filed late.
Checked, nothing found (1)
History
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
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, micro schema
Equity
€46,212▲ 7.2%
2023 · €43,126
Total assets
€70,081▼ 0.6%
2023 · €70,516
Net result
€3,086
2023 · -€18,646
Working capital
€44,870▲ 6.8%
2023 · €42,000
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 53, Postal and courier activities, 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€23,779▼ 46.9%€13,673▼ 42.5%€71▼ 99.5%-€18,850-€252▲ 98.7%
Net result€17,928within the sector's middle half▼ 54.3%€12,388within the sector's middle half▼ 30.9%€2,626within the sector's middle half▼ 78.8%-€18,646below the sector's middle half€3,086within the sector's middle half
Equity€46,758within the sector's middle half▲ 62.2%€59,146within the sector's middle half▲ 26.5%€61,772within the sector's middle half▲ 4.4%€43,126within the sector's middle half▼ 30.2%€46,212within the sector's middle half▲ 7.2%
Total assets€89,606within the sector's middle half▲ 2.7%€100,485within the sector's middle half▲ 12.1%€92,514within the sector's middle half▼ 7.9%€70,516within the sector's middle half▼ 23.8%€70,081within the sector's middle half▼ 0.6%
Debt€42,849▼ 26.7%€41,340▼ 3.5%€30,742▼ 25.6%€27,390▼ 10.9%€23,869▼ 12.9%
Working capital€43,361within the sector's middle half▲ 86.2%€53,910above the sector's middle half▲ 24.3%€57,184above the sector's middle half▲ 6.1%€42,000above the sector's middle half▼ 26.6%€44,870within the sector's middle half▲ 6.8%
Solvency52.2%within the sector's middle half▲ 19.1pp58.9%within the sector's middle half▲ 6.7pp66.8%above the sector's middle half▲ 7.9pp61.2%above the sector's middle half▼ 5.6pp65.9%above the sector's middle half▲ 4.8pp
Current ratio3.06above the sector's middle half▲ 1.252.95above the sector's middle half▼ 0.113.27above the sector's middle half▲ 0.322.54above the sector's middle half▼ 0.722.96above the sector's middle half▲ 0.42
Return on assets (ROA)20.0%above the sector's middle half▼ 25.0pp12.3%within the sector's middle half▼ 7.7pp2.8%within the sector's middle half▼ 9.5pp-26.4%below the sector's middle half▼ 29.3pp4.4%within the sector's middle half▲ 30.8pp
above
within
below
the middle half (P25 to P75) of NACE 53, Postal and courier activities, 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
The operating result stays negative: a loss of €252 in 2024 against €18,850 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70,081
Fixed assets
€2,332 ▲ 82.7%
Current assets
€67,750 ▼ 2.2%
Equity and liabilities €70,081
Equity
€46,212 ▲ 7.2%
Debt
€23,869 ▼ 12.9%
Debt's share of the balance-sheet total falls from 38.8% to 34.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€799▲
2023 · -€10,041
Cash flow
€4,137▲
2023 · -€9,836
Debt to equity
0.52▼
2023 · 0.64
ROE
6.7%▲
2023 · -43.2%
Interest coverage
1.99▲
2023 · -19.21
Debt ≤ 1 year
€22,880▼
2023 · €27,240
Income taxes
€106▼
2023 · €1,060
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 10,905 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,129 | €8,811 | €8,810 | €8,810 | €1,051 | ▼ 88.1% |
| Other operating charges640/8 | - | €1,003 | €522 | €906 | €807 | ▼ 10.9% |
| Gross operating margin9900 | €34,908 | €23,487 | €9,402 | -€9,135 | €1,606 | ▲ 118% |
| Operating profit (loss)9901 | €23,779 | €13,673 | €71 | -€18,850 | -€252 | ▲ 98.7% |
| Financial income75/76B | - | €3,404 | €4,664 | €1,787 | €3,846 | ▲ 115% |
| Recurring financial income75 | €0 | €3,404 | €4,664 | €1,787 | €3,846 | ▲ 115% |
| Financial charges65/66B | - | €553 | €656 | €523 | €402 | ▼ 23.1% |
| Recurring financial charges65 | €594 | €553 | €656 | €523 | €402 | ▼ 23.1% |
| Profit (loss) for the period before taxes9903 | €23,185 | €16,523 | €4,078 | -€17,586 | €3,192 | ▲ 118% |
| Income taxes67/77 | €5,257 | €4,135 | €1,452 | €1,060 | €106 | ▼ 90.0% |
| Profit (loss) for the period9904 | €17,928 | €12,388 | €2,626 | -€18,646 | €3,086 | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | €17,928 | €12,388 | €2,626 | -€18,646 | €3,086 | ▲ 117% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89,606 | €100,485 | €92,514 | €70,516 | €70,081 | ▼ 0.6% |
| Fixed assets21/28 | €25,165 | €18,895 | €10,086 | €1,276 | €2,332 | ▲ 82.7% |
| Tangible fixed assets22/27 | €25,165 | €18,895 | €10,086 | €1,276 | €2,332 | ▲ 82.7% |
| Plant, machinery and equipment23 | - | €1,204 | €936 | €668 | €399 | ▼ 40.2% |
| Furniture and vehicles24 | - | €1,640 | €1,124 | €609 | €1,932 | ▲ 218% |
| Leasing and similar rights25 | - | €16,051 | €8,026 | €0 | €0 | - |
| Current assets29/58 | €64,441 | €81,590 | €82,428 | €69,240 | €67,750 | ▼ 2.2% |
| Amounts receivable within one year40/41 | €58,537 | €76,692 | €80,723 | €67,349 | €66,599 | ▼ 1.1% |
| Trade receivables40 | - | €18,881 | €10,974 | €1,785 | €9,476 | ▲ 431% |
| Other amounts receivable41 | - | €57,811 | €69,748 | €65,564 | €57,123 | ▼ 12.9% |
| Cash at bank and in hand54/58 | €4,857 | €4,783 | €1,536 | €833 | €674 | ▼ 19.0% |
| Deferred charges and accrued income490/1 | - | €115 | €169 | €1,057 | €476 | ▼ 55.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89,606 | €100,485 | €92,514 | €70,516 | €70,081 | ▼ 0.6% |
| Equity10/15 | €46,758 | €59,146 | €61,772 | €43,126 | €46,212 | ▲ 7.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €22,630 | €35,018 | €37,644 | €37,644 | €40,012 | ▲ 6.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €33,158 | €35,784 | €35,784 | €38,152 | ▲ 6.6% |
| Profit (loss) carried forward14 | €17,928 | €17,928 | €17,928 | -€718 | - | - |
| Amounts payable17/49 | €42,849 | €41,340 | €30,742 | €27,390 | €23,869 | ▼ 12.9% |
| Amounts payable after more than one year17 | €21,717 | €13,659 | €5,498 | - | - | - |
| Financial debts170/4 | - | €13,659 | €5,498 | - | - | - |
| Amounts payable within one year42/48 | €21,080 | €27,681 | €25,244 | €27,240 | €22,880 | ▼ 16.0% |
| Current portion of amounts payable after more than one year42 | - | €8,058 | €8,161 | €15,943 | €9,525 | ▼ 40.3% |
| Trade debts44 | €5,597 | €7,862 | €8,024 | €1,439 | €5,720 | ▲ 297% |
| Suppliers440/4 | - | €7,862 | €8,024 | €1,439 | €5,720 | ▲ 297% |
| Taxes, remuneration and social security45 | - | €11,760 | €9,059 | €9,858 | €7,635 | ▼ 22.5% |
| Taxes450/3 | - | €11,760 | €9,059 | €9,858 | €7,635 | ▼ 22.5% |
| Accrued charges and deferred income492/3 | - | - | - | €150 | €989 | ▲ 559% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,928 | €12,388 | €2,626 | -€18,646 | €3,086 | ▲ 117% |
| + Depreciation and write-downs630 | €11,129 | €8,811 | €8,810 | €8,810 | €1,051 | ▼ 88.1% |
| Operating cash flow (approximation) | €29,057 | €21,199 | €11,436 | -€9,836 | €4,137 | ▲ 142% |
| Investment in fixed assets (approximation) | - | -€2,541 | -€0 | €0 | -€2,106 | - |
| Change in cash | - | -€73 | -€3,247 | -€704 | -€158 | ▲ 77.5% |
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
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Back to profitnet €3,086
Net result €3,086 after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Weakest financial yearnet -€18,646
Net result drops to -€18,646, the lowest in the series; recovery starts the following year.
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 149 days late
2019
31-12
Financial
Highest result since 2018net €39,258 ▲64.5%
Operating result €44,769, net result €39,258, both a record.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 57 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
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, Ledegem · 1 establishment unit since 2014
Ground area
219 m²
Building footprint
91 m²
Volume, LiDAR
571 m³
Parcel 36018A0591/00F000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPB-Trans
since 20142.234.055.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018A0591/00F000 | Flanders | 219 m² | 1 · 91 m² | 11.1 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
DRIVERS COMPANY
BE 0794.455.536
Brussel · Eq €46,295
EuroTrans
BE 1007.739.433
Dison · Eq €46,121
SERKAL EXPRESS DELIVERY
BE 0881.431.278
Elsene · Eq €46,087
ELITTE COURIER INTERNATIONAL
BE 0475.347.015
Hamme (Vl.) · Eq €46,468
M.H
BE 0671.772.411
Beveren-Kruibeke-Zwijndrecht · Eq €45,939
Of 4,920 companies in sector 53200 we hold annual accounts for 1,323. 1,108 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
Founded26-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
49410Freight transport by road
Contact
E-mail
svenporte@hotmail.comLedegem
Phone
0495/ 12 82 97Ledegem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0553612157
Also
9925:BE0553612157
Registered
03-08-2026
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.