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TRANSPORTS BYL

Active
Public limited companyfounded 1983active for 43 yearsChaussée de Lille(OR) 551A, 7501 Tournai, BelgiumKBO/BCE: BE 0424.184.562

From the official registers: KBO 43 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TRANSPORTS BYL has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,009 and a net result of €8,532. Equity has been shrinking by about 9.4% per year since 2018. Its solvency ranks better than 11% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 01-01-1983 Normal situation
Activity
Freight transport by road NACE 49410
Establishment unit
2.022.616.185 7501 Tournai, since 01-01-1983
Financial year end
31 December
Peppol
Reachable since 08-09-2025

Board and ownership

Board
  • G.S.V.Managing director · permanent representative VANDERHAEGEN Françoise
  • STOGEMAManaging director · permanent representative VANDERHAEGEN Fredy
  • VANDERHAEGEN CarineManaging director
  • S.G.G.VManaging director

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€1.4m
▲ 4.5%
Turnover
≈ €2.6m
estimated
Profit
€8,532
▼ 14.7%
Equity
€125,009
▲ 3.9%
Total assets
€2.3m
▲ 9.1%
Staff
20 FTE
▼ 2.0%
Filed on 06-07-2026, 25 days before the deadlineat the National Bank
Score breakdownraises riskEquity €125,009 (5.5% of total assets)Sector: Land transport and transport via pipelines (NACE 49)Size: 20 FTE, total assets €2.3mLiquidity: current ratio 0.88, cash €92,737, halvedShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 22% of small companies in land transport (NACE 49)
Financial strength · tick: 2024
Weak
Solvency 31=
equity 5.5% of total assets
Liquidity 17-10
short-term debt 70.5% · cash 4.1%
Profitability 61+4
return on assets 0.4%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,181 companies, NACE 49, small)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.0%▼ -0.3 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026lowest value 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.1 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.88 (0.9 in 2024), below 1. Short-term debt is 70.5% and cash 4.1% of total assets. 94.5% of the assets are financed with debt and provisions.
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 9% of them on solvency, 10% on liquidity, 24% on profitability and 44% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €125,009 (5.5% of total assets)
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: 20 FTE, total assets €2.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.88, cash €92,737, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1081 sector peers (2025).
NBB · sector comparison
Position among 1081 sector peers
Solvency
better than 11%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €125,009
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 filings
Deviation from the deadline
2025
25 days early
2024
29 days early
2023
34 days early
2022
32 days early
2021
18 days early
2020
129 days late
2019
66 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 8 days after 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 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 89% of companies in land transportsector median 40.1% · 1,081 companies 5.5% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Comparable companies

These companies have the same main activity as TRANSPORTS BYL: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.7m and €2.5m, founded between 1978 and 1989.

CompanyTotal assetsGross margin
TRANSPORTS BYL Tournai€2.3m€1.4m
Marcel JONCKHEERE et Fils Brunehaut€2.2m€1.5m
Transport Jan van den Acker en Zoon Haacht€2.1m€1.6m
de Vreese containertransport Antwerpen€1.7m€1.4m
TWINS VERVOER Beernem€2.3m€1.6m
André REHEUL Pecq€2.4m€1.8m
TRANSLOMAT Tournai€2.5m€1.9m
Full comparison

Documents

Annual accounts at the NBB

All 43 annual accounts

Articles and registers

Key facts about TRANSPORTS BYL

What is the company number of TRANSPORTS BYL?
The company number of TRANSPORTS BYL is 0424.184.562. The VAT number is the same number with BE in front: BE 0424.184.562.
Where is TRANSPORTS BYL based?
The registered office is at Chaussée de Lille(OR) 551A, 7501 Tournai.Company details
What does TRANSPORTS BYL do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TRANSPORTS BYL?
The legal form of TRANSPORTS BYL is Public limited company (NV).
When was TRANSPORTS BYL founded?
TRANSPORTS BYL was founded on 01-01-1983.
Is TRANSPORTS BYL still active?
Yes, TRANSPORTS BYL is an active enterprise in the KBO register.
How many employees does TRANSPORTS BYL have?
TRANSPORTS BYL had an average of 20 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TRANSPORTS BYL?
The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.4m and 31 comparable companies (NACE 49410). It probably lies between €2.3m and €3.1m.
Is TRANSPORTS BYL profitable?
In financial year 2025, TRANSPORTS BYL made a profit of €8,532.
Where can I find the annual accounts of TRANSPORTS BYL?
TRANSPORTS BYL filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TRANSPORTS BYL due?
TRANSPORTS BYL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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