Transspeed
ActiveTransspeed has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €480k and a net result of €148k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 1845 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency72▲+13
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 0.97 in 2024), and 56.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
35 d late
2024
6 d early
2023
29 d late
2022
31 d late
2021
62 d early
2020
36 d early
2019
36 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
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€480k▲ 25.5%
2024 · €383k
2020: €274k
2021: €329k
2022: €337k
2023: €354k
2024: €383k
2020 → 2025
Total assets
€1.11M▲ 11.9%
2024 · €989k
2020: €634k
2021: €830k
2022: €1.12M
2023: €1.04M
2024: €989k
2020 → 2025
Net result
€148k▲ 87.7%
2024 · €79k
2020: €9k
2021: €80k
2022: €43k
2023: €57k
2024: €79k
2020 → 2025
Working capital
€111k
2024 · €-13k
2020: €-2k
2021: €58k
2022: €253
2023: €-23k
2024: €-13k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€329k-€337k▲ 2.5%€354k▲ 5.0%€383k▲ 8.1%€480k▲ 25.5%
Operating result€108k-€62k▼ 42.4%€89k▲ 42.4%€148k▲ 67.5%€249k▲ 68.0%
Net result€80k-€43k▼ 45.9%€57k▲ 30.8%€79k▲ 38.4%€148k▲ 87.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 68% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€580k▼ 1.9%
Current assets
€527k▲ 32.3%
Equity and liabilities €1.11M
Equity
€480k▲ 25.5%
Debt
€627k▲ 3.3%
The debt ratio falls from 61.3% to 56.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€303k▲
2024 · €203k
Cash flow
€201k▲
2024 · €133k
Solvency
43.4%▲
2024 · 38.7%
Current ratio
1.27▲
2024 · 0.97
Quick ratio
1.27▲
2024 · 0.97
Debt / equity
1.30▼
2024 · 1.59
ROE
30.7%▲
2024 · 20.6%
ROA
13.3%▲
2024 · 7.9%
Interest coverage
5.47▲
2024 · 3.68
Debt
€627k▲
2024 · €607k
Debt ≤ 1 year
€416k▲
2024 · €411k
Debt > 1 year
€179k▼
2024 · €196k
Income taxes
€38k▲
2024 · €15k
Staff costs
€330k▼
2024 · €396k
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
Total assets20/58€989k€1.11M▲
Fixed assets21/28€591k€580k▼
Tangible fixed assets22/27€590k€579k▼
Financial fixed assets28€1k€1k=
Current assets29/58€398k€527k▲
Amounts receivable within one year40/41€279k€285k▲
Cash & bank54/58€99k€236k▲
Total equity & liabilities10/49€989k€1.11M▲
Equity10/15€383k€480k▲
Contributions / capital10/11€19k€19k=
Reserves13€179k€277k▲
Amounts payable17/49€607k€627k▲
Amounts payable after one year17€196k€179k▼
Amounts payable within one year42/48€411k€416k▲
Trade debts payable within one year44€204k€214k▲
Income statement
Code20242025
Gross operating margin9900€739k€811k▲
Operating result9901€148k€249k▲
Financial income75€378€584▲
Financial charges65€55k€55k▲
Result before taxes9903€94k€185k▲
Income taxes67/77€15k€38k▲
Net result for the period9904€79k€148k▲
Result to be appropriated9905€79k€148k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 35 days late
2025
31-12
Financial
Highest result since 2020net €148k ▲87.7%
Operating result €249k, net result €148k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
ONE WAY EXPRESS
BE 0735.374.519
Geraardsbergen · Eq €383k
U&M Trans
BE 0646.883.793
Heusden-Zolder · Eq €383k
VAN LIEDEKERKE DANNY
BE 0466.623.448
Denderleeuw · Eq €383k
VERVOER DE MAEYER EN ZOON
BE 0423.964.432
Londerzeel · Eq €383k
VAN MIDDELEM FILIP
BE 0475.078.383
Waasmunster · Eq €382k
Of 12,431 companies in sector 49410 we hold annual accounts for 7,955. 5,467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-01-1993
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 30-07-2026. Scores and ratios are computed by Checked and are not a credit decision.