TRANSPORT ERWIN
ActiveTRANSPORT ERWIN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113k and a net result of €32k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 6717 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+9
Solvency51▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.86 in 2023; short-term debt: 37% and cash: 23.5% of total assets), and 74.1% 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.
−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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
20 d early
2022
26 d early
2021
23 d early
2020
8 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€113k▲ 37.5%
2023 · €82k
2018: €27k
2019: €33k
2020: €73k
2021: €82k
2022: €83k
2023: €82k
2018 → 2024
Total assets
€435k▲ 29.5%
2023 · €336k
2018: €204k
2019: €204k
2020: €421k
2021: €539k
2022: €486k
2023: €336k
2018 → 2024
Net result
€32k▲ 5,203%
2023 · €611
2018: €4k
2019: €7k
2020: €42k
2021: €10k
2022: €2k
2023: €611
2018 → 2024
Working capital
€16k
2023 · €-21k
2018: €-4k
2019: €-4k
2020: €-11k
2021: €-64k
2022: €-50k
2023: €-21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€73k-€82k▲ 11.9%€83k▲ 0.6%€82k▼ 0.7%€113k▲ 37.5%
Operating result€65k-€21k▼ 67.7%€14k▼ 32.9%€9k▼ 37.2%€53k▲ 505%
Net result€42k-€10k▼ 75.6%€2k▼ 79.4%€611▼ 71.2%€32k▲ 5,203%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 505% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €435k
Fixed assets
€258k▲ 21.3%
Current assets
€177k▲ 43.6%
Equity and liabilities €435k
Equity
€113k▲ 37.5%
Debt
€322k▲ 26.9%
The debt ratio falls from 75.6% to 74.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€138k▲
2023 · €81k
Cash flow
€117k▲
2023 · €73k
Solvency
25.9%▲
2023 · 24.4%
Current ratio
1.10▲
2023 · 0.86
Quick ratio
1.10▲
2023 · 0.86
Debt / equity
2.86▼
2023 · 3.10
ROE
28.7%▲
2023 · 0.7%
ROA
7.4%▲
2023 · 0.2%
Interest coverage
13.39▲
2023 · 10.22
Debt
€322k▲
2023 · €254k
Debt ≤ 1 year
€161k▲
2023 · €144k
Debt > 1 year
€161k▲
2023 · €110k
Income taxes
€14k▲
2023 · €304
Staff costs
€150k▲
2023 · €129k
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€336k€435k▲
Fixed assets21/28€212k€258k▲
Tangible fixed assets22/27€212k€258k▲
Land and buildings22€17k€15k▼
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24€71k€178k▲
Leasing and similar rights25€113k€59k▼
Current assets29/58€123k€177k▲
Amounts receivable within one year40/41€100k€70k▼
Trade receivables40€99k€59k▼
Other amounts receivable41€634€11k▲
Cash at bank and in hand54/58€18k€102k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€336k€435k▲
Equity10/15€82k€113k▲
Contributions10/11€6k€6k=
Reserves13€75k€106k▲
Non-distributable reserves130/1€812€812=
Reserves not available under the articles1311€812€812=
Distributable reserves133€74k€105k▲
Profit (loss) carried forward14€611€611=
Amounts payable17/49€254k€322k▲
Amounts payable after more than one year17€110k€161k▲
Financial debts170/4€110k€161k▲
Amounts payable within one year42/48€144k€161k▲
Current portion of amounts payable after more than one year42€67k€73k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€54k€25k▼
Suppliers440/4€54k€25k▼
Taxes, remuneration and social security45€21k€61k▲
Taxes450/3€16k€49k▲
Remuneration and social security454/9€5k€13k▲
Other amounts payable47/48€3k€2k▼
Accrued charges and deferred income492/3-€360
Income statement
Code20232024
Non-recurring operating income76A€37k€68k▲
Remuneration, social security and pensions62€129k€150k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€85k▲
Other operating charges640/8€51k€75k▲
Gross operating margin9900€261k€364k▲
Operating profit (loss)9901€9k€53k▲
Financial income75/76B€16€3k▲
Recurring financial income75€16€3k▲
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€915€46k▲
Income taxes67/77€304€14k▲
Profit (loss) for the period9904€611€32k▲
Profit (loss) for the period to be appropriated9905€611€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€611€33k▲
Profit (loss) brought forward from the previous period14P-€611
Transfer from equity791/2€1k€2k▲
Transfer to equity691/2€0€32k▲
To other reserves6921€0€32k▲
Profit to be distributed694/7€1k€2k▲
Return on contributions (dividend)694€1k€2k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €113k ▲37.5%
7 profitable years in a row build equity to €113k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €611 ▼71.2%
Net result drops to €611, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €42k ▲515%
Operating result €65k, net result €42k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Heusden-Zolder · 1 establishment unit since 2010
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.
Schaapsweg 1003550 Heusden-ZolderGround area
1,166 m²
Building footprint
145 m²
Volume, LiDAR
548 m³
Parcel 71025A1722/00M000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TRANSPORT ERWIN
since 20102.193.628.373
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A1722/00M000 | Flanders | 1,166 m² | 1 · 145 m² | 5.6 m · 1 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
2023 to 2024 · 3 entries · 3,351 EUR awarded · 3,314 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 140 EUR | 140 EUR |
| 2023 | 2 | 3,211 EUR | 3,174 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
GULL International
BE 0719.915.390
Gent · Eq €113k
BOUILLON TRANSPORT
BE 0743.781.647
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SGT Group
BE 0715.701.335
Beveren-Kruibeke-Zwijndrecht · Eq €113k
TRANSPORT RINGOOT LUC
BE 0880.388.034
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AMILY
BE 0730.861.049
Ternat · Eq €113k
Of 12,607 companies in sector 49410 we hold annual accounts for 8,196. 6,358 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2010
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.