Financials
- Financial year
- 2025
- Turnover
- €3.5m
- Loss
- -€625,162
- Solvency
- -71.8%
Turnover▼ 12.4%
Net result
20182025
VAL-GIN TRANSPORT
ActiveThe file of VAL-GIN TRANSPORT contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is at least 25% (high). The 2025 annual accounts show negative equity (-€1.7m) and a net result of -€625,162. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 5,823 sector peers (NACE 49, financial year 2025).
Overview
Activity
Freight transport by road
NACE 49410
7th largest company by total assets in Asse, Transport and storage sector2 sites
Size
€3.5mturnover 2025
- Staff
- 26 FTE
- Equity
- -€1.7m
- Loss
- -€625,162
Structure
2025 accounts filed 70 days late2 of 4 deeds summarised
Why 7raises riskReorganisation plan being carried out (approved, Gazette 12-08-2025)Last filed accounts filed 70 days late; 3 of the last 3 lateNegative equity -€1.7mlowers riskSize: turnover €3.5m, total assets €2.4mShow the evidence
Checked score
Score 2025
7
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 4% of its sector peers (NACE 49, small)
Financial strength · tick = 2024
Weak
Solvency
0=
equity -71.8% of total assets
Liquidity
0-3
short-term debt 170.9% · cash 0.1%
Profitability
0=
return on assets -26.4%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 8.7%
12-2024: 8.6%▼ -0.1 percentage points vs 11-2024
01-2025: 8.6%● unchanged vs 12-2024
02-2025: 8.7%▲ +0.1 percentage points vs 01-2025
03-2025: 8.5%▼ -0.2 percentage points vs 02-2025lowest value
04-2025: 9.0%▲ +0.5 percentage points vs 03-2025
05-2025: 9.3%▲ +0.3 percentage points vs 04-2025
09-2025: ≥ 25%highest value
10-2025: ≥ 25%● unchanged vs 09-2025
11-2025: ≥ 25%● unchanged vs 10-2025
12-2025: ≥ 25%● unchanged vs 11-2025
01-2026: ≥ 25%● unchanged vs 12-2025
02-2026: ≥ 25%● unchanged vs 01-2026
03-2026: ≥ 25%● unchanged vs 02-2026
04-2026: ≥ 25%● unchanged vs 03-2026
05-2026: ≥ 25%● unchanged vs 04-2026
06-2026: ≥ 25%● unchanged vs 05-2026
07-2026: ≥ 25%● unchanged vs 06-2026
08-2026: ≥ 25%● unchanged vs 07-2026
09-2026: ≥ 25%● unchanged vs 08-2026
10-2026: ≥ 25%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.5, compared with 0.38 in 2024, below 1; short-term debt: 170.9% and cash: 0.1% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, small): better than 2% on solvency, 1% on liquidity, 2% on profitability and 12% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.7m
raises risk · 2025 accounts filed 70 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-10-2026, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
70 days late
2024
48 days late
2023
70 days late
2022
87 days late
2021
68 days late
2020
90 days late
2019
55 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 70 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Yildizli Erdal (director)Share transfer
- Annual accounts filedfinancial year 2024 · micro…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€1.7m View
- Risk: 4 loss-making years in a rowloss financial year 2025 -€625,162 View
- Caution: Among the weakest 5% on net resultsector median €5,731 · 5,794 companies -€625,162 View
- Caution: Equity fell in 2025from -€1.1m to -€1.7m ▼ 58.2% View
- Caution: Latest accounts filed lateafter the legal deadline 70 days View
- A director leftlatest change 25-11-2025 · 0 in office 1 left View
By topic
Timeline
- Events
- 16
- Since
- 2019
- Next accounts
- by 31-07-2027
- 12-08-2025Plan homologation
- 07-05-2025Opening
- 31-12-2024Weakest financial year
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 02-05-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 30
- Who signs
- Each director alone
- Annual meeting
- Last Friday of June at 18:00
- Purpose
- “Alle verrichtingen in verband met het vervoer,met alle middelen van voortbeweging over de…” (deed in Dutch)
Key facts about VAL-GIN TRANSPORT
- What is the company number of VAL-GIN TRANSPORT?
- 0674.980.438. In Belgium the VAT number is the company number with BE in front: BE 0674.980.438.
- Where is VAL-GIN TRANSPORT based?
- The registered office is at Zuiderlaan 14, 1731 Asse.Company details
- What does VAL-GIN TRANSPORT do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of VAL-GIN TRANSPORT?
- Private limited company (BV).
- When was VAL-GIN TRANSPORT founded?
- On 02-05-2017.
- Is VAL-GIN TRANSPORT still active?
- Yes, VAL-GIN TRANSPORT is an active enterprise in the KBO register.
- How many employees does VAL-GIN TRANSPORT have?
- On average 26 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VAL-GIN TRANSPORT?
- €3.5m in financial year 2025, according to the filed annual accounts.
- Is VAL-GIN TRANSPORT profitable?
- In financial year 2025, VAL-GIN TRANSPORT made a loss of €625,162.
- Where can I find the annual accounts of VAL-GIN TRANSPORT?
- VAL-GIN TRANSPORT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VAL-GIN TRANSPORT due?
- By 31-07-2027, for financial year 2026.Timeline
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