V.S.T. TRANS
ActiveSummary
V.S.T. TRANS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €11k. Equity is growing by ~62.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 4603 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
67
/ 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
Profitability66▲+7
Solvency44▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.16 against 2.1 in 2024; short-term debt: 15.9% and cash: 23.8% of total assets), but 80.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
19.4%
Return on assets
6.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
38 d early
2023
34 d early
2022
32 d early
2021
35 d early
2020
33 d early
2019
26 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
Equity
€37k▲ 45.5%
2024 · €25k
2018: €-27k
2019: €-14k
2020: €-4k
2021: €-2k
2022: €-2k
2023: €13k
2024: €25k
2018 → 2025
Total assets
€189k▼ 5.4%
2024 · €199k
2018: €81k
2019: €95k
2020: €228k
2021: €114k
2022: €229k
2023: €248k
2024: €199k
2018 → 2025
Net result
€11k▼ 4.8%
2024 · €12k
2018: €2k
2019: €13k
2020: €10k
2021: €2k
2022: €-140
2023: €15k
2024: €12k
2018 → 2025
Working capital
€35k▲ 19.7%
2024 · €29k
2018: €50k
2019: €60k
2020: €51k
2021: €18k
2022: €-3k
2023: €16k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2k-€-2k▼ 6.8%€13k€25k▲ 91.7%€37k▲ 45.5%
Operating result€6k-€5k▼ 28.3%€26k▲ 468%€24k▼ 5.9%€26k▲ 7.1%
Net result€2k-€-140€15k€12k▼ 21.4%€11k▼ 4.8%
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 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets
€124k ▼ 14.0%
Current assets
€65k ▲ 17.1%
Equity and liabilities €189k
Equity
€37k ▲ 45.5%
Debt
€152k ▼ 12.8%
Debt's share of the balance-sheet total falls from 87.4% to 80.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €45k
Cash flow
€32k▼
2024 · €33k
Current ratio
2.16▲
2024 · 2.10
Debt to equity
4.16▼
2024 · 6.94
ROE
31.3%▼
2024 · 47.8%
ROA
6.1%▲
2024 · 6.0%
Interest coverage
4.77▲
2024 · 3.97
Debt ≤ 1 year
€30k▲
2024 · €26k
Debt > 1 year
€122k▼
2024 · €148k
Income taxes
€5k▲
2024 · €950
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€199k€189k▼
Fixed assets21/28€144k€124k▼
Tangible fixed assets22/27€135k€115k▼
Furniture and vehicles24€398€265▼
Leasing and similar rights25€134k€114k▼
Other tangible fixed assets26€827€703▼
Financial fixed assets28€9k€9k=
Current assets29/58€55k€65k▲
Amounts receivable within one year40/41€15k€11k▼
Trade receivables40€8k€5k▼
Other amounts receivable41€6k€6k▼
Cash at bank and in hand54/58€29k€45k▲
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€199k€189k▼
Equity10/15€25k€37k▲
Contributions10/11€19k€19k=
Reserves13€6k€18k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€5k€16k▲
Profit (loss) carried forward14€188€386▲
Amounts payable17/49€174k€152k▼
Amounts payable after more than one year17€148k€122k▼
Financial debts170/4€108k€90k▼
Other amounts payable178/9€40k€33k▼
Amounts payable within one year42/48€26k€30k▲
Current portion of amounts payable after more than one year42€17k€19k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€463€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€20k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€48k€50k▲
Operating profit (loss)9901€24k€26k▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€13k€16k▲
Income taxes67/77€950€5k▲
Profit (loss) for the period9904€12k€11k▼
Profit (loss) for the period to be appropriated9905€12k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€12k▲
Profit (loss) brought forward from the previous period14P€-7k€188▲
Transfer to equity691/2€5k€11k▲
To other reserves6921€5k€11k▲
The notes to these accounts (9 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-140 ▼107%
Net result drops to €-140, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oostkamp · 1 establishment unit since 2001
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.
Albrecht Rodenbachstraat 508020 OostkampGround area
5 m²
Parcel 31022I0357/00N003, Flanders. Linked by address, not a title deed.
1 establishment unit
Albrecht Rodenbachstraat 50, 8020 Oostkamp
since 20012.101.150.949
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022I0357/00N003 | Flanders | 5 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 4,710 EUR awarded · 4,710 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 210 EUR | 210 EUR |
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
SP
BE 0806.890.342
Sint-Jans-Molenbeek · Eq €36,587
General Group
BE 0697.829.381
Antwerpen · Eq €36,558
VETRON
BE 0568.618.948
Lommel · Eq €36,549
INFINITY TRANSPORT
BE 0711.968.716
Lievegem · Eq €36,637
CENTRE MANUTENTION LOGISTIQUE
BE 0432.514.486
Morlanwelz · Eq €36,648
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,733 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)
Founded28-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.