Equity
€563,045 from €1.0m in 2021
Equity fell by 46% in 4 years.
Foresco Transport BE
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1989peak €1.8m (2021)
-not published
lowest -€915,428 (2009)
-€22,976▼ €313,469
peak €1.0m (2021)
€563,045▼ 3.9%
€1.3m▼ 22.9%
peak 24.3 FTE (2025)
24.3 FTE▲ 6.1%
Board11 names since 2021
2 directorsFORESCO GROUP and 1 other
Owners5 names in the annual accounts
100%Foresco BE and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025financial year
Loss of €22,976Debts from €1.6m to €1.3mCash from €505,200 to €27,274
Key points
from the 2025 annual accountsResult
-€22,976 -€22,976
From profit to loss in 2025, after a profit of €290,493 in 2024.
Staff
24 employees on 31-12-2025
In 2025, 4 people joined and 4 left. On top of that, 0.1 agency workers worked there on average.
Payment terms
71 days to suppliers
Foresco Transport BE pays its suppliers 16 days earlier than in 2024. Customers pay 13 days earlier.
Filings
37 annual accounts since 1989
Two of the last ten came late. The 2024 accounts came latest: 61 days after the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 15-01-2026 · 1 in office.
Checked score
63
Healthy
Financially stronger than 28% of small companies in land transport (NACE 49)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,181 companies (NACE 49, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 1.9%● unchanged vs 12-2024
02-2025: 1.2%▼ -0.7 percentage points vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 2.2%▲ +0.8 percentage points vs 07-2025
09-2025: 2.7%▲ +0.5 percentage points vs 08-2025highest value
10-2025: 0.4%▼ -2.3 percentage points 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: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026lowest value
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 1.4%▲ +1.0 percentage point vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.4%● unchanged vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
1 of the last 3 accounts late
Liquidity: current ratio 0.36, cash €27,274, halved
lowers risk
Founded in 1989
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 41% of them on solvency, 9% on liquidity, 17% on profitability and 45% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as Foresco Transport BE has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Foresco Transport BE itself is higher: 1.4% within 12 months. It rests on far more data about Foresco Transport BE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for Foresco Transport BE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.36 (0.65 in 2024), below 1. Short-term debt is 66.1% and cash 1.5% of total assets. 69.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
61 days late
2023
26 days early
2022
90 days early
2021
2 days early
2020
19 days early
2019
3 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 14 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 6 July (4 of the last 5 accounts filed within 65 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Foresco BE 100%score 64equity €79.7m (2025) · annual accounts 2025
Recent changes
Appointment: Compass Audit BV (statutory auditor)
General meeting of 30-09-2025 · Gazette deed
New managing director
Foresco appointed, Foresco Group resigned · Permanent representative: Cédric De Quinnemar · General meeting of 05-12-2025 · Gazette deed
Company renamed from FORESCO TRANSPORT to Foresco Transport BE
General meeting of 22-11-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Foresco Transport BE Beringen | €3.5m | -0.7% | 30.7% | 24.3 |
| TRANSPO VAN ZON Lommel | €3.8m | 6.2% | 50.9% | 32 |
| Truck Service Houthalen Houthalen-Helchteren | €2.8m | 3.7% | 22.1% | 17.6 |
| TRANSPORT JULES FRANS Putte | €3.2m | -1.8% | 6.5% | 30.9 |
| Transport Jan van den Acker en Zoon Haacht | €2.8m | -2.9% | 33.8% | 18.4 |
| LORATRANS Balen | €4.6m | 2.5% | 27.4% | 27.6 |
| CONFOTRANS Wervik | €5.3m | -0.5% | 36.7% | 33.1 |
Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Foresco Transport BE: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.2m and €2.9m, founded between 1982 and 1998.
Official details
Source: KBO- Status
- Active since 23-01-1989Normal situation
- Activity
- Freight transport by roadNACE 49410and 3 others
- Joint committees
- 140.03Road transport and logistics for third parties
- 226White-collar workers in international trade, transport and logistics · annual accounts 2025
- Establishment units
- 2.341.183.6843580 Beringen, since 06-12-2022
- 2.365.291.8472860 Sint-Katelijne-Waver, since 18-10-2024and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €1.8m▼ 17.9%
- Employeeson 31-12-2025
- 24▼ 27.3%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Companies linked to Foresco Transport BE
Parent and group
Insights on Foresco Transport BE
Foresco Transport BE has existed since 1989. The present size dates from 2021. The gross margin rose that year from €710,006 to €1.8m and staff from 5.8 to 12.1 full-time equivalents.
Foresco BE holds all the shares. In November 2022, five directors stepped down. In January 2026, the Official Gazette published the appointment of FORESCO as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Foresco Transport BE
- What is the company number of Foresco Transport BE?
- The company number of Foresco Transport BE is 0436.437.246. The VAT number is the same number with BE in front: BE 0436.437.246.
- Where is Foresco Transport BE based?
- The registered office is at Nijverheidspark 32, 3580 Beringen.Company details
- What does Foresco Transport BE do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of Foresco Transport BE?
- Foresco Transport BE is a public limited company (NV).
- When was Foresco Transport BE founded?
- Foresco Transport BE was founded on 23-01-1989.
- Is Foresco Transport BE still active?
- Yes, Foresco Transport BE is an active enterprise in the KBO register.
- How many employees does Foresco Transport BE have?
- Foresco Transport BE had an average of 24.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Foresco Transport BE fall under?
- In its 2025 annual accounts, Foresco Transport BE states joint committees 140.03 (Road transport and logistics for third parties) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of Foresco Transport BE?
- The turnover of Foresco Transport BE was €3.5m in financial year 2025, according to the filed annual accounts.
- Is Foresco Transport BE profitable?
- In financial year 2025, Foresco Transport BE made a loss of €22,976.
- Where can I find the annual accounts of Foresco Transport BE?
- Foresco Transport BE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Foresco Transport BE due?
- Foresco Transport BE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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