Transports Xavier THOMAS
ActiveTransports Xavier THOMAS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €298k and a net result of €251k. Equity is shrinking by ~19.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 28% of 1845 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+1
Solvency47=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 2.03 in 2024; short-term debt: 33.2% and cash: 24.7% of total assets), but 77.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
22.4%
Return on assets
18.9%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
2 d early
2023
5 d early
2022
4 d early
2021
9 d early
2020
9 d early
2019
11 d early
← 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
22-09-2026 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
€251k▲ 1.2%
2024 · €248k
2018: €40k
2019: €116k
2020: €-73k
2021: €87k
2022: €188k
2023: €197k
2024: €248k
2018 → 2025
Working capital
€403k▼ 4.6%
2024 · €422k
2018: €158k
2019: €289k
2020: €245k
2021: €239k
2022: €448k
2023: €427k
2024: €422k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€959k-€316k▼ 67.0%€308k▼ 2.6%€303k▼ 1.7%€298k▼ 1.7%
Operating result€97k-€241k▲ 149%€255k▲ 5.8%€318k▲ 24.8%€320k▲ 0.5%
Net result€87k-€188k▲ 117%€197k▲ 5.1%€248k▲ 25.9%€251k▲ 1.2%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.33M
Fixed assets
€483k▼ 10.7%
Current assets
€844k▲ 1.5%
Equity and liabilities €1.33M
Equity
€298k▼ 1.7%
Debt
€1.03M▼ 3.8%
The debt ratio falls from 77.9% to 77.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€393k▼
2024 · €399k
Cash flow
€324k▼
2024 · €329k
Solvency
22.4%▲
2024 · 22.1%
Current ratio
1.91▼
2024 · 2.03
Quick ratio
1.91▼
2024 · 2.03
Debt / equity
3.46▼
2024 · 3.53
ROE
84.4%▲
2024 · 82.0%
ROA
18.9%▲
2024 · 18.1%
Interest coverage
22.27▲
2024 · 21.48
Debt
€1.03M▼
2024 · €1.07M
Debt ≤ 1 year
€441k▲
2024 · €410k
Debt > 1 year
€588k▼
2024 · €660k
Income taxes
€61k▲
2024 · €61k
Staff costs
€225k▲
2024 · €184k
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€1.37M€1.33M▼
Fixed assets21/28€541k€483k▼
Tangible fixed assets22/27€541k€483k▼
Land and buildings22€479k€443k▼
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€53k€32k▼
Current assets29/58€832k€844k▲
Amounts receivable within one year40/41€365k€507k▲
Trade receivables40€186k€168k▼
Other amounts receivable41€179k€340k▲
Cash at bank and in hand54/58€455k€327k▼
Deferred charges and accrued income490/1€12k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.33M▼
Equity10/15€303k€298k▼
Contributions10/11€19k€19k=
Reserves13€230k€230k=
Distributable reserves133€230k€230k=
Profit (loss) carried forward14€252€433▲
Investment grants15€54k€49k▼
Amounts payable17/49€1.07M€1.03M▼
Amounts payable after more than one year17€660k€588k▼
Financial debts170/4€653k€581k▼
Other amounts payable178/9€7k€7k=
Amounts payable within one year42/48€410k€441k▲
Current portion of amounts payable after more than one year42€71k€72k▲
Trade debts44€38k€55k▲
Suppliers440/4€38k€55k▲
Taxes, remuneration and social security45€41k€52k▲
Taxes450/3€26k€31k▲
Remuneration and social security454/9€15k€21k▲
Other amounts payable47/48€260k€262k▲
Income statement
Code20242025
Remuneration, social security and pensions62€184k€225k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€73k▼
Other operating charges640/8€19k€24k▲
Non-recurring operating charges66A€2k€7k▲
Gross operating margin9900€604k€649k▲
Operating profit (loss)9901€318k€320k▲
Financial income75/76B€10k€10k▲
Recurring financial income75€10k€10k▲
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€309k€313k▲
Income taxes67/77€61k€61k▲
Profit (loss) for the period9904€248k€251k▲
Profit (loss) for the period to be appropriated9905€248k€251k▲
Appropriation of the result
Profit (loss) to be appropriated9906€249k€251k▲
Profit (loss) brought forward from the previous period14P€969€252▼
Transfer to equity691/2€1k-
To other reserves6921€1k-
Profit to be distributed694/7€248k€251k▲
Return on contributions (dividend)694€176k€179k▲
Directors or managers695€72k€72k=
Social balance
Average headcount (FTE)90873.74.5▲
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €251k ▲1.2%
Operating result €320k, net result €251k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-73k ▼163%
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1MEq €1.09M ▲11.2%
2 profitable years in a row build equity to €1.09M.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Herstal · 1 establishment unit since 2000
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.
Parc Ind. des Hauts Sarts, 4e av 34040 Herstal1 establishment unit
Parc Ind. des Hauts Sarts, 4e av 3, 4040 Herstal
since 20002.093.628.994
Similar companies · same sector, comparable size
Ardotrans
BE 0413.925.922
Ardooie · Eq €298k
DULLAERT WILLY
BE 0437.225.619
Lokeren · Eq €298k
CG TRANSPORT
BE 0505.619.329
Roeselare · Eq €298k
Delmakor
BE 0451.925.374
Deerlijk · Eq €298k
DEBOVA
BE 0877.737.360
Gent · Eq €298k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 5,863 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-1999
Fiscal year end31-12
Abbreviation FR
TXT
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.