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Transport De Keyser

Active
Public limited companyfounded 1989active for 36 yearsDaalstraat 150, 1852 Grimbergen, BelgiumKBO/BCE: BE 0438.864.226
Summary

Transport De Keyser has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98,068 and a net result of €33,349. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 28% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-11-1989 Normal situation
Activity
Freight transport by road NACE 49410and 1 other
Joint committee
140 Paritair Comité voor het vervoer en de logistiek · annual accounts 2025
Establishment unit
2.047.969.413 1852 Grimbergen, since 23-04-1990
Financial year end
31 December
Peppol
Reachable since 23-06-2025

Board and ownership

Board
Shareholders
  • L.D.K. TRANS· score 9331-05-2025 annual accounts of L.D.K. TRANS

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€589,463
▲ 4.6%
Turnover
≈ €1.3m
estimated
Profit
€33,349
▲ 32.1%
Equity
€98,068
▲ 51.5%
Total assets
€451,713
▲ 40.1%
Employees on 31-12-2025
13
▼ 7.1%
Filed on 17-07-2026, 14 days before the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Size: 14 FTE, total assets €451,713Equity €98,068 (21.7% of total assets)lowers riskFounded in 1989Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of small companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 47+2
equity 21.7% of total assets
Liquidity 52+9
short-term debt 50.5% · cash 21.6%
Profitability 78-1
return on assets 7.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 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: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025highest value 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.3 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (1.03 in 2024), below the usual 1.5. Short-term debt is 50.5% and cash 21.6% of total assets. 78.3% 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 27% of them on solvency, 63% on liquidity, 71% on profitability and 91% on growth.

The bankruptcy probability was computed on 01-11-2026 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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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: 14 FTE, total assets €451,713
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €98,068 (21.7% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €98,068
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
36 days early
2023
34 days early
2022
28 days early
2021
33 days early
2020
31 days early
2019
29 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 29 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 28 June (5 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
01-11-2026 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

  • Caution: Less equity than 84% of companies in land transportsector median €996,960 · 1,080 companies €98,068 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Appointments: Luc De Keyser (director) and Lidwina De Buyser (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Transport De Keyser: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €448,000 and €700,000, founded between 1984 and 1996.

CompanyTotal assetsGross margin
Transport De Keyser Grimbergen€451,713€589,463
CLS Belgium Transport Koekelberg€543,105€707,248
TEK TRANSMAT Liège€500,453€772,515
TRANSPORTS DESTRIJKER Braine-le-Château€561,082€539,319
DILCOTRANS Lennik€700,043€718,901
VERVOER PEETERS - NOELS Zemst€448,258€675,998
VANDERVELDE EN ZOON Sint-Pieters-Leeuw€677,643€981,711
Full comparison

Key facts about Transport De Keyser

What is the company number of Transport De Keyser?
The company number of Transport De Keyser is 0438.864.226. The VAT number is the same number with BE in front: BE 0438.864.226.
Where is Transport De Keyser based?
The registered office is at Daalstraat 150, 1852 Grimbergen.Company details
What does Transport De Keyser do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Transport De Keyser?
The legal form of Transport De Keyser is Public limited company (NV).
When was Transport De Keyser founded?
Transport De Keyser was founded on 10-11-1989.
Is Transport De Keyser still active?
Yes, Transport De Keyser is an active enterprise in the KBO register.
How many employees does Transport De Keyser have?
Transport De Keyser had an average of 14 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Transport De Keyser fall under?
In its 2025 annual accounts, Transport De Keyser states joint committee 140 (Paritair Comité voor het vervoer en de logistiek).
What is the turnover of Transport De Keyser?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €589,463 and 38 comparable companies (NACE 49410). It probably lies between €1.0m and €1.9m.
Is Transport De Keyser profitable?
In financial year 2025, Transport De Keyser made a profit of €33,349.
Where can I find the annual accounts of Transport De Keyser?
Transport De Keyser filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Transport De Keyser due?
Transport De Keyser must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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