TRANSPORTS DENORME
ActiveSummary
The computed 12-month bankruptcy probability of TRANSPORTS DENORME is 2.5% (moderate). The 2025 annual accounts show equity of €141k and a net result of €36k. Equity is growing by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 57% 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
68
/ 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
Profitability89=
Solvency71▲+12
Growth85=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 0.76 in 2024; short-term debt: 27.7% and cash: 16.6% of total assets), and 54.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
45.8%
Return on assets
11.8%
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 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
59 d early
2023
39 d early
2022
54 d early
2021
27 d early
2020
38 d early
2019
31 d early
← 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
Turnover
€431k▼ 1.7%
2024 · €438k
2019: €98k
2020: €141k
2021: €179k
2022: €194k
2023: €301k
2024: €438k
2019 → 2025
EBIT margin
14.1%▲ 0.7pp
2024 · 13.5%
2019: 0.8%
2020: 9.6%
2021: -4.4%
2022: 16.8%
2023: 22.8%
2024: 13.5%
2019 → 2025
Net result
€36k▲ 2.9%
2024 · €35k
2019: €-2k
2020: €9k
2021: €-17k
2022: €20k
2023: €51k
2024: €35k
2019 → 2025
Working capital
€34k
2024 · €-29k
2019: €-21k
2020: €-27k
2021: €-45k
2022: €-34k
2023: €-22k
2024: €-29k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€179k-€194k▲ 8.4%€301k▲ 55.3%€438k▲ 45.7%€431k▼ 1.7%
Equity€9k-€29k▲ 237%€74k▲ 157%€104k▲ 41.0%€141k▲ 34.8%
Operating result€-8k-€33k€69k▲ 110%€59k▼ 14.0%€61k▲ 3.3%
Net result€-17k-€20k€51k▲ 151%€35k▼ 30.3%€36k▲ 2.9%
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 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307k
Fixed assets
€189k ▼ 14.0%
Current assets
€119k ▲ 31.7%
Equity and liabilities €307k
Equity
€141k ▲ 34.8%
Debt
€166k ▼ 18.8%
Debt's share of the balance-sheet total falls from 66.2% to 54.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100k▲
2024 · €96k
Cash flow
€75k▲
2024 · €73k
Current ratio
1.40▲
2024 · 0.76
Quick ratio
1.35▲
2024 · 0.72
Debt to equity
1.18▼
2024 · 1.96
ROE
25.8%▼
2024 · 33.9%
ROA
11.8%▲
2024 · 11.4%
Interest coverage
7.06▲
2024 · 6.36
Debt ≤ 1 year
€85k▼
2024 · €119k
Debt > 1 year
€81k▼
2024 · €86k
Income taxes
€11k▲
2024 · €9k
Staff costs
€83k▼
2024 · €84k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€309k€307k▼
Fixed assets21/28€219k€189k▼
Tangible fixed assets22/27€219k€187k▼
Land and buildings22-€2k
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€213k€181k▼
Financial fixed assets28€475€2k▲
Current assets29/58€90k€119k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€46k€52k▲
Trade receivables40€41k€47k▲
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€28k€51k▲
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€309k€307k▼
Equity10/15€104k€141k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€84k€120k▲
Amounts payable17/49€205k€166k▼
Amounts payable after more than one year17€86k€81k▼
Financial debts170/4€86k€81k▼
Amounts payable within one year42/48€119k€85k▼
Current portion of amounts payable after more than one year42€52k€35k▼
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€14k€18k▲
Suppliers440/4€14k€18k▲
Taxes, remuneration and social security45€29k€31k▲
Taxes450/3€19k€21k▲
Remuneration and social security454/9€10k€10k▼
Other amounts payable47/48€21k€2k▼
Accrued charges and deferred income492/3€5€417▲
Income statement
Code20242025
Turnover70€438k€431k▼
Goods, raw materials, services and sundry goods60/61€257k€248k▼
Remuneration, social security and pensions62€84k€83k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€39k▲
Other operating charges640/8€471€484▲
Gross operating margin9900€181k€183k▲
Operating profit (loss)9901€59k€61k▲
Financial income75/76B€800€713▼
Recurring financial income75€800€713▼
Financial charges65/66B€15k€14k▼
Recurring financial charges65€15k€14k▼
Profit (loss) for the period before taxes9903€45k€47k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€35k€36k▲
Profit (loss) for the period to be appropriated9905€35k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€89k€120k▲
Profit (loss) brought forward from the previous period14P€54k€84k▲
Profit to be distributed694/7€5k-
Directors or managers695€5k-
The notes to these accounts (12 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €104k ▲41%
3 profitable years in a row build equity to €104k.
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €51k ▲151%
Operating result €69k, net result €51k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-17k ▼286%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Walcourt · 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.
Rue de Beaumont(Cle) 335650 WalcourtGround area
816 m²
Building footprint
116 m²
Parcel 93012E0096/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TRANSPORTS DENORME
since 20192.288.165.761
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93012E0096/00L000 | Wallonia | 816 m² | 1 · 116 m² | - |
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.
Similar companies · same sector, comparable size
DE BROUWER JOHAN
BE 0456.706.088
Affligem · Eq €140,865
TRANSPORT L&M
BE 0786.532.517
Dilsen-Stokkem · Eq €140,969
ROTA TRANSPORT
BE 0688.760.079
Antwerpen · Eq €141,006
CL TRANS
BE 0471.627.064
Kapellen · Eq €140,731
Dav Transport
BE 0465.887.436
Heusden-Zolder · Eq €141,168
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,379 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 (pre-2019)
Founded18-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:franckdenorme@gmail.com
Phone:+32485858870