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TRANSPORT DE SMET ERWIN

Active
Private limited companyfounded 2003active for 22 yearsH. Consciencelaan 36, 9950 Lievegem, BelgiumKBO/BCE: BE 0862.397.306
Summary

The computed 12-month bankruptcy probability of TRANSPORT DE SMET ERWIN is 1.6% (moderate). The 2025 annual accounts show equity of €318,151 and a net result of -€70,125. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 53% of 5,897 sector peers (NACE 49, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-12-2003 Normal situation
Activity
Freight transport by road NACE 49410
Joint committee
140.04 Paritair Subcomité voor de grondafhandeling op luchthavens · annual accounts 2024
Establishment unit
2.134.913.877 9950 Lievegem, since 01-02-2004
Financial year end
31 December
Peppol
Reachable since 05-11-2025

Board and ownership

Board

Financial position

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Turnover
€945,483
Loss
€70,125
Equity
€318,151
▼ 18.1%
Total assets
€781,574
▲ 0.1%
Employees on 31-12-2025
3
=
  • €49,668 of overdue tax debts on 31-12-2025
  • €13,427 of overdue social security (RSZ) debts on 31-12-2025
  • 2025 accounts filed 7 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.53, cash €0, halvedLoss of €70,125 (financial year 2025)Sector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 2003Show the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 29% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Weak
Solvency 66-9
equity 40.7% of total assets
Liquidity 27-14
short-term debt 46.2% · cash 0.0%
Profitability 24-56
return on assets -9.0%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 1.6%▲ +1.1 percentage points vs 08-2026highest value 10-2026: 1.6%● unchanged vs 09-2026highest value 11-2026: 1.6%● unchanged vs 10-2026highest value
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.53 (2.19 in 2024), above the usual 1.5. Short-term debt is 46.2% and cash 0% of total assets. However, 59.3% 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, micro). It does better than 53% of them on solvency, 24% on liquidity, 18% on profitability and 22% 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
raises risk · Liquidity: current ratio 1.53, cash €0, halved
NBB · annual accounts
raises risk · Loss of €70,125 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
7 days late
2024
2 days early
2023
8 days early
2022
on the day
2021
37 days early
2020
11 days early
2019
68 days late
← 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 2 days after 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 29 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

  • Caution: From profit to loss in 2025after a profit of €67,860 in 2024 -€70,125 View
  • Caution: Lower net result than 95% of companies in land transportsector median €5,707 · 5,868 companies -€70,125 View

Recent changes

  1. · Gazette deed Change of role: DE SMET Erwin, from manager to director
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as TRANSPORT DE SMET ERWIN: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €663,000 and €951,000, founded between 1999 and 2006.

CompanyTotal assetsGross margin
TRANSPORT DE SMET ERWIN Lievegem€781,574€264,820
TRANSPORT RINGOOT LUC Lebbeke€783,491€259,922
WILLEMS TRANS Assenede€755,129€301,718
LOGIFRESH Lebbeke€951,464€245,169
S&S AGRI Beveren-Kruibeke-Zwijndrecht€845,675€220,118
ANSA TRANS Hamme (Vl.)€663,349€315,149
A.V. Trans Ronse€790,623€255,498
Full comparison

Key facts about TRANSPORT DE SMET ERWIN

What is the company number of TRANSPORT DE SMET ERWIN?
The company number of TRANSPORT DE SMET ERWIN is 0862.397.306. The VAT number is the same number with BE in front: BE 0862.397.306.
Where is TRANSPORT DE SMET ERWIN based?
The registered office is at H. Consciencelaan 36, 9950 Lievegem.Company details
What does TRANSPORT DE SMET ERWIN do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TRANSPORT DE SMET ERWIN?
The legal form of TRANSPORT DE SMET ERWIN is Private limited company (BV).
When was TRANSPORT DE SMET ERWIN founded?
TRANSPORT DE SMET ERWIN was founded on 24-12-2003.
Is TRANSPORT DE SMET ERWIN still active?
Yes, TRANSPORT DE SMET ERWIN is an active enterprise in the KBO register.
How many employees does TRANSPORT DE SMET ERWIN have?
TRANSPORT DE SMET ERWIN had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TRANSPORT DE SMET ERWIN fall under?
In its 2024 annual accounts, TRANSPORT DE SMET ERWIN states joint committee 140.04 (Paritair Subcomité voor de grondafhandeling op luchthavens).
What is the turnover of TRANSPORT DE SMET ERWIN?
The turnover of TRANSPORT DE SMET ERWIN was €945,483 in financial year 2025, according to the filed annual accounts.
Is TRANSPORT DE SMET ERWIN profitable?
In financial year 2025, TRANSPORT DE SMET ERWIN made a loss of €70,125.
Where can I find the annual accounts of TRANSPORT DE SMET ERWIN?
TRANSPORT DE SMET ERWIN filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRANSPORT DE SMET ERWIN due?
TRANSPORT DE SMET ERWIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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