Transport Vrijsen - Smets
ActiveSummary
The computed 12-month bankruptcy probability of Transport Vrijsen - Smets is 2.3% (moderate). The 2025 annual accounts show equity of €180k and a net result of €24k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 4603 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+2
Solvency72▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.44 in 2024; short-term debt: 22.9% and cash: 11.2% of total assets), and 53.3% 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.
−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 →
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
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
46.7%
Return on assets
6.1%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
29 d late
2023
on the day
2022
40 d early
2021
9 d late
2020
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€180k▲ 15.1%
2024 · €157k
2020: €55k
2021: €90k
2022: €130k
2023: €141k
2024: €157k
2020 → 2025
Total assets
€386k▼ 0.5%
2024 · €388k
2020: €477k
2021: €500k
2022: €505k
2023: €425k
2024: €388k
2020 → 2025
Net result
€24k▲ 49.6%
2024 · €16k
2020: €50k
2021: €35k
2022: €40k
2023: €11k
2024: €16k
2020 → 2025
Working capital
€27k▼ 11.1%
2024 · €31k
2020: €-29k
2021: €-2k
2022: €-22k
2023: €4k
2024: €31k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€130k▲ 44.6%€141k▲ 8.5%€157k▲ 11.2%€180k▲ 15.1%
Operating result€53k-€62k▲ 15.6%€20k▼ 67.7%€32k▲ 62.1%€39k▲ 21.3%
Net result€35k-€40k▲ 15.4%€11k▼ 72.4%€16k▲ 42.8%€24k▲ 49.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €386k
Fixed assets
€270k ▼ 5.9%
Current assets
€116k ▲ 14.8%
Equity and liabilities €386k
Equity
€180k ▲ 15.1%
Debt
€206k ▼ 11.1%
Debt's share of the balance-sheet total falls from 59.7% to 53.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€98k▼
2024 · €112k
Cash flow
€82k▼
2024 · €95k
Current ratio
1.31▼
2024 · 1.44
Debt to equity
1.14▼
2024 · 1.48
ROE
13.1%▲
2024 · 10.1%
ROA
6.1%▲
2024 · 4.1%
Interest coverage
11.48▼
2024 · 13.08
Debt ≤ 1 year
€89k▲
2024 · €70k
Debt > 1 year
€117k▼
2024 · €161k
Income taxes
€7k▼
2024 · €8k
Staff costs
€4k▲
2024 · €525
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€388k€386k▼
Fixed assets21/28€287k€270k▼
Tangible fixed assets22/27€286k€269k▼
Land and buildings22€207k€205k▼
Plant, machinery and equipment23€34k€33k▼
Furniture and vehicles24€43k€30k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€101k€116k▲
Amounts receivable within one year40/41€55k€73k▲
Trade receivables40€41k€46k▲
Other amounts receivable41€14k€27k▲
Cash at bank and in hand54/58€43k€43k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€388k€386k▼
Equity10/15€157k€180k▲
Contributions10/11€5k€5k=
Reserves13€152k€174k▲
Distributable reserves133€152k€174k▲
Profit (loss) carried forward14-€2k
Amounts payable17/49€232k€206k▼
Amounts payable after more than one year17€161k€117k▼
Financial debts170/4€161k€117k▼
Amounts payable within one year42/48€70k€89k▲
Current portion of amounts payable after more than one year42€52k€44k▼
Trade debts44€12k€14k▲
Suppliers440/4€12k€14k▲
Taxes, remuneration and social security45€5k€30k▲
Taxes450/3€5k€29k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€0€162▲
Accrued charges and deferred income492/3€302€0▼
Income statement
Code20242025
Non-recurring operating income76A€15k€0▼
Remuneration, social security and pensions62€525€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€59k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€117k€107k▼
Operating profit (loss)9901€32k€39k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€24k€31k▲
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€16k€24k▲
Profit (loss) for the period to be appropriated9905€16k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€24k▲
Transfer to equity691/2€16k€22k▲
To contributions691-€22k
To other reserves6921€16k-
The notes to these accounts (11 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €150kEq €157k ▲11.2%
5 profitable years in a row build equity to €157k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €11k ▼72.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €130k ▲44.6%
3 profitable years in a row build equity to €130k.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ravels · 1 establishment unit since 2019
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.
Bosstraat 42380 RavelsGround area
1,122 m²
Building footprint
337 m²
Volume, LiDAR
1,685 m³
Parcel 13035B0202/00L000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Transport Vrijsen - Smets
since 20192.291.004.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13035B0202/00L000 | Flanders | 1,122 m² | 1 · 337 m² | 7.4 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
2022 to 2025 · 3 entries · 387 EUR awarded · 492 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 288 EUR | 288 EUR |
| 2023 | 1 | 0 EUR | 105 EUR |
| 2022 | 1 | 99 EUR | 99 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteRavels2.291.004.693
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,280 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
49420Removal services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.