TRANSPORT TAERWE
ActiveTRANSPORT TAERWE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94k and a net result of €37k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 19% of 1851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+62
Solvency39▼-43
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 2.67 in 2024; short-term debt: 75.4% and cash: 1.2% of total assets), and 86.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.9%
Return on assets
5.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1851 sector peers (2025).
NBB · sector comparisonPosition among 1851 sector peers
Solvency
better than 19%
← weakest
strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
48 d early
2023
30 d late
2022
43 d late
2021
31 d late
2020
58 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37k
2024 · €-30k
2018: €28k
2019: €38k
2020: €54k
2021: €62k
2022: €88k
2023: €16k
2024: €-30k
2018 → 2025
Working capital
€56k▼ 86.8%
2024 · €423k
2018: €311k
2019: €348k
2020: €372k
2021: €397k
2022: €459k
2023: €477k
2024: €423k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€417k-€476k▲ 14.2%€492k▲ 3.4%€462k▼ 6.1%€94k▼ 79.6%
Operating result€92k-€126k▲ 36.4%€23k▼ 81.8%€-31k€44k
Net result€62k-€88k▲ 40.7%€16k▼ 81.6%€-30k€37k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €44k after a loss of €31k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €677k
Fixed assets
€111k▼ 19.5%
Current assets
€566k▼ 16.2%
Equity and liabilities €677k
Equity
€94k▼ 79.6%
Debt
€583k▲ 65.9%
The debt ratio rises from 43.2% to 86.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64k▲
2024 · €-20k
Cash flow
€57k▲
2024 · €-19k
Solvency
13.9%▼
2024 · 56.8%
Current ratio
1.11▼
2024 · 2.67
Quick ratio
1.11▼
2024 · 2.67
Debt / equity
6.17▲
2024 · 0.76
ROE
39.4%▲
2024 · -6.5%
ROA
5.5%▲
2024 · -3.7%
Interest coverage
9.94▲
2024 · -5.82
Debt
€583k▲
2024 · €351k
Debt ≤ 1 year
€510k▲
2024 · €253k
Debt > 1 year
€72k▼
2024 · €99k
Income taxes
€921▲
2024 · €0
Staff costs
€145k▼
2024 · €189k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€813k€677k▼
Fixed assets21/28€138k€111k▼
Tangible fixed assets22/27€130k€111k▼
Land and buildings22€4k€2k▼
Furniture and vehicles24€126k€109k▼
Financial fixed assets28€8k€353▼
Current assets29/58€675k€566k▼
Amounts receivable within one year40/41€648k€544k▼
Trade receivables40€253k€440k▲
Other amounts receivable41€394k€103k▼
Current investments50/53€12k€12k=
Cash at bank and in hand54/58€13k€8k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€813k€677k▼
Equity10/15€462k€94k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€394k€26k▼
Amounts payable17/49€351k€583k▲
Amounts payable after more than one year17€99k€72k▼
Financial debts170/4€99k€72k▼
Amounts payable within one year42/48€253k€510k▲
Current portion of amounts payable after more than one year42€25k€26k▲
Financial debts43€3k€30k▲
Credit institutions430/8-€30k
Other loans439€3k€0▼
Trade debts44€181k€370k▲
Suppliers440/4€181k€370k▲
Taxes, remuneration and social security45€43k€25k▼
Taxes450/3€16k€915▼
Remuneration and social security454/9€27k€24k▼
Other amounts payable47/48-€60k
Income statement
Code20242025
Remuneration, social security and pensions62€189k€145k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€19k▲
Other operating charges640/8€23k€16k▼
Gross operating margin9900€191k€224k▲
Operating profit (loss)9901€-31k€44k▲
Financial income75/76B€5k€387▼
Recurring financial income75€5k€387▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-30k€38k▲
Income taxes67/77€0€921▲
Profit (loss) for the period9904€-30k€37k▲
Profit (loss) for the period to be appropriated9905€-30k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€394k€431k▲
Profit (loss) brought forward from the previous period14P€424k€394k▼
Profit to be distributed694/7-€405k
Return on contributions (dividend)694-€405k
Social balance
Average headcount (FTE)90873.12.5▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-30k ▼286%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 43 days late
2022
31-12
Financial
Highest result since 2018net €88k ▲40.7%
Operating result €126k, net result €88k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 58 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Retie · 2 establishment units since 1987
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.
Oude Arendonksebaan 632470 RetieGround area
1.0 ha
Building footprint
6,881 m²
Volume, LiDAR
57,623 m³
2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Oude Arendonksebaan 63, 2470 Retie
since 19872.029.692.237
Taerwe Transport NV
since 20242.362.158.945
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0665/00G000 | Flanders | 9,798 m² | 1 · 6,738 m² | 9.5 m · 3 fl. |
| 13036B0483/00F000 | Flanders | 575 m² | 1 · 143 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TRANSPORT ELOY ARTHUR
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SASSYA TRANSPORT
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 6,331 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-06-1987
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:rhtrans@outlook.com
Phone:0477317162