TRANSPORT DEVOOGHT
ActiveThe computed 12-month bankruptcy probability of TRANSPORT DEVOOGHT is 1.5% (moderate). The 2024 annual accounts show equity of €210k and a net result of €17k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 6717 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-10
Solvency84▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 4.25 in 2023; short-term debt: 18% and cash: 14.5% of total assets), and 41.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
31 d early
2021
27 d early
2020
36 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€210k▲ 8.8%
2023 · €193k
2019: €30k
2020: €42k
2021: €100k
2022: €159k
2023: €193k
2019 → 2024
Total assets
€358k▲ 34.8%
2023 · €265k
2019: €63k
2020: €155k
2021: €282k
2022: €277k
2023: €265k
2019 → 2024
Net result
€17k▼ 50.5%
2023 · €34k
2019: €17k
2020: €12k
2021: €58k
2022: €52k
2023: €34k
2019 → 2024
Working capital
€127k▼ 18.9%
2023 · €157k
2019: €30k
2020: €10k
2021: €5k
2022: €128k
2023: €157k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€100k▲ 138%€159k▲ 58.5%€193k▲ 21.5%€210k▲ 8.8%
Operating result€21k-€82k▲ 298%€77k▼ 6.3%€53k▼ 30.8%€27k▼ 48.4%
Net result€12k-€58k▲ 367%€52k▼ 9.8%€34k▼ 34.8%€17k▼ 50.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 48% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €358k
Fixed assets
€166k▲ 177%
Current assets
€192k▼ 6.7%
Equity and liabilities €358k
Equity
€210k▲ 8.8%
Debt
€148k▲ 105%
The debt ratio rises from 27.2% to 41.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62k▼
2023 · €79k
Cash flow
€52k▼
2023 · €60k
Solvency
58.7%▼
2023 · 72.8%
Current ratio
2.98▼
2023 · 4.25
Quick ratio
2.98▼
2023 · 4.25
Debt / equity
0.70▲
2023 · 0.37
ROE
8.1%▼
2023 · 17.7%
ROA
4.7%▼
2023 · 12.9%
Interest coverage
11.75▼
2023 · 15.93
Debt
€148k▲
2023 · €72k
Debt ≤ 1 year
€64k▲
2023 · €48k
Debt > 1 year
€84k▲
2023 · €24k
Income taxes
€6k▼
2023 · €14k
Staff costs
€118k▲
2023 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€265k€358k▲
Fixed assets21/28€60k€166k▲
Tangible fixed assets22/27€60k€166k▲
Furniture and vehicles24€48k€35k▼
Leasing and similar rights25€12k€131k▲
Current assets29/58€206k€192k▼
Amounts receivable within one year40/41€95k€104k▲
Trade receivables40€95k€88k▼
Other amounts receivable41-€16k
Current investments50/53-€20k
Cash at bank and in hand54/58€90k€52k▼
Deferred charges and accrued income490/1€20k€16k▼
Equity and liabilities
Total equity and liabilities10/49€265k€358k▲
Equity10/15€193k€210k▲
Contributions10/11€19k€19k=
Reserves13€175k€191k▲
Non-distributable reserves130/1€865€865=
Reserves not available under the articles1311€865€865=
Distributable reserves133€174k€191k▲
Amounts payable17/49€72k€148k▲
Amounts payable after more than one year17€24k€84k▲
Financial debts170/4€24k€84k▲
Amounts payable within one year42/48€48k€64k▲
Current portion of amounts payable after more than one year42€17k€33k▲
Trade debts44€9k€28k▲
Suppliers440/4€9k€28k▲
Taxes, remuneration and social security45€18k€276▼
Taxes450/3€14k€276▼
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€5k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€65k€118k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€35k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€145k€184k▲
Operating profit (loss)9901€53k€27k▼
Financial income75/76B€10€567▲
Recurring financial income75€10€567▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€48k€23k▼
Income taxes67/77€14k€6k▼
Profit (loss) for the period9904€34k€17k▼
Profit (loss) for the period to be appropriated9905€34k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€17k▼
Transfer to equity691/2€34k€17k▼
To other reserves6921€34k€17k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €210k ▲8.8%
6 profitable years in a row build equity to €210k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 2.66
Current ratio from 1.04 to 2.66; short-term debt falls from €140k to €77k.
31-12
Financial
Equity above €150kEq €159k ▲58.5%
4 profitable years in a row build equity to €159k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €58k ▲367%
Operating result €82k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €100k ▲138%
3 profitable years in a row build equity to €100k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €12k ▼28%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wingene · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tieltstraat 378750 WingeneGround area
798 m²
Building footprint
142 m²
Volume, LiDAR
738 m³
Parcel 37018D1572/00V002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tieltstraat 37, 8750 Wingene
since 20182.303.226.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018D1572/00V002 | Flanders | 798 m² | 1 · 142 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2025 · 1 entry · 6 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 6,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2018
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.