V.L.-TRANS
ActiveV.L.-TRANS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149k and a net result of €21k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 92% of 4564 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 5.92 against 3.58 in 2024; short-term debt: 10.5% and cash: 41.1% of total assets), and 10.5% 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
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
89.5%
Return on assets
12.7%
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
30 d early
2023
29 d early
2022
18 d early
2021
4 d late
2020
10 d late
2019
20 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€149k▲ 9.6%
2024 · €136k
2018: €111k
2019: €116k
2020: €123k
2021: €135k
2022: €146k
2023: €146k
2024: €136k
2018 → 2025
Total assets
€166k▲ 1.2%
2024 · €164k
2018: €239k
2019: €228k
2020: €210k
2021: €235k
2022: €212k
2023: €182k
2024: €164k
2018 → 2025
Net result
€21k▲ 70.9%
2024 · €12k
2018: €25k
2019: €6k
2020: €8k
2021: €14k
2022: €21k
2023: €8k
2024: €12k
2018 → 2025
Working capital
€86k▲ 50.1%
2024 · €57k
2018: €41k
2019: €43k
2020: €41k
2021: €34k
2022: €44k
2023: €44k
2024: €57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€135k-€146k▲ 7.9%€146k▼ 0.1%€136k▼ 6.9%€149k▲ 9.6%
Operating result€21k-€32k▲ 53.6%€11k▼ 64.5%€24k▲ 113%€48k▲ 98.7%
Net result€14k-€21k▲ 46.7%€8k▼ 63.6%€12k▲ 62.0%€21k▲ 70.9%
Turnover and EBIT margin not published: the 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 99% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€63k▼ 25.8%
Current assets
€103k▲ 30.2%
Equity and liabilities €166k
Equity
€149k▲ 9.6%
Debt
€17k▼ 38.7%
The debt ratio falls from 17.3% to 10.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2024 · €55k
Cash flow
€53k▲
2024 · €43k
Solvency
89.5%▲
2024 · 82.7%
Current ratio
5.92▲
2024 · 3.58
Quick ratio
5.92▲
2024 · 3.58
Debt / equity
0.12▼
2024 · 0.21
ROE
14.2%▲
2024 · 9.1%
ROA
12.7%▲
2024 · 7.5%
Interest coverage
167.57▼
2024 · 955.65
Debt
€17k▼
2024 · €28k
Debt ≤ 1 year
€17k▼
2024 · €22k
Debt > 1 year
€0▼
2024 · €6k
Income taxes
€27k▲
2024 · €12k
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€164k€166k▲
Fixed assets21/28€85k€63k▼
Tangible fixed assets22/27€85k€63k▼
Land and buildings22€10k€7k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€73k€55k▼
Financial fixed assets28€0-
Current assets29/58€79k€103k▲
Amounts receivable within one year40/41€22k€16k▼
Trade receivables40€22k€15k▼
Other amounts receivable41€500€407▼
Current investments50/53€14k€14k=
Cash at bank and in hand54/58€41k€68k▲
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€164k€166k▲
Equity10/15€136k€149k▲
Contributions10/11€19k€19k=
Reserves13€117k€130k▲
Tax-exempt reserves132€33k€0▼
Distributable reserves133€85k€130k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€28k€17k▼
Amounts payable after more than one year17€6k€0▼
Financial debts170/4€6k€0▼
Amounts payable within one year42/48€22k€17k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€152€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€243-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲
Other operating charges640/8€6k€7k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€62k€87k▲
Operating profit (loss)9901€24k€48k▲
Financial income75/76B€718€978▲
Recurring financial income75€718€978▲
Financial charges65/66B€57€475▲
Recurring financial charges65€57€475▲
Profit (loss) for the period before taxes9903€25k€48k▲
Income taxes67/77€12k€27k▲
Profit (loss) for the period9904€12k€21k▲
Transfer from tax-exempt reserves789€15k€33k▲
Profit (loss) for the period to be appropriated9905€27k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€54k▲
Transfer from equity791/2€21k€6k▼
Transfer to equity691/2€26k€52k▲
To other reserves6921€26k€52k▲
Profit to be distributed694/7€22k€8k▼
Return on contributions (dividend)694€22k€8k▼
The notes to these accounts (6 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Weakest financial yearnet €6k ▼73.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Koksijde · 1 establishment unit since 1998
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.
Galjoenweg(Odk) 208670 KoksijdeGround area
444 m²
Building footprint
141 m²
Volume, LiDAR
724 m³
Parcel 38018A0794/00A000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Galjoenweg(Odk) 20, 8670 Koksijde
since 19982.089.239.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018A0794/00A000 | Flanders | 444 m² | 1 · 141 m² | 7.7 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
2023 · 1 entry · 50 EUR awarded · 50 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 50 EUR | 50 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,607 companies in sector 49410 we hold annual accounts for 8,196. 6,357 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-1998
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.