VB-Tra
ActiveVB-Tra has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €490k and a net result of €53k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 6716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-4
Solvency76▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.35 in 2023; short-term debt: 17.3% and cash: 0.4% of total assets), and 48.5% of the assets are financed with debt.
Credit advice 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
50 d early
2022
7 d early
2021
60 d early
2020
52 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€490k▲ 12.1%
2023 · €437k
2018: €180k
2019: €198k
2020: €227k
2021: €313k
2022: €337k
2023: €437k
2018 → 2024
Total assets
€952k▼ 10.2%
2023 · €1.06M
2018: €361k
2019: €552k
2020: €704k
2021: €775k
2022: €932k
2023: €1.06M
2018 → 2024
Net result
€53k▼ 46.3%
2023 · €99k
2018: €52k
2019: €21k
2020: €28k
2021: €87k
2022: €24k
2023: €99k
2018 → 2024
Working capital
€-99k▲ 33.1%
2023 · €-148k
2018: €50k
2019: €67k
2020: €-49k
2021: €18k
2022: €-148k
2023: €-148k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€227k-€313k▲ 38.3%€337k▲ 7.6%€437k▲ 29.7%€490k▲ 12.1%
Operating result€45k-€118k▲ 165%€60k▼ 49.1%€145k▲ 140%€99k▼ 31.9%
Net result€28k-€87k▲ 208%€24k▼ 72.5%€99k▲ 314%€53k▼ 46.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €952k
Fixed assets
€886k▼ 9.6%
Current assets
€66k▼ 17.6%
Equity and liabilities €952k
Equity
€490k▲ 12.1%
Debt
€462k▼ 25.9%
The debt ratio falls from 58.8% to 48.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€202k▼
2023 · €219k
Cash flow
€156k▼
2023 · €174k
Solvency
51.5%▲
2023 · 41.2%
Current ratio
0.40▲
2023 · 0.35
Quick ratio
0.40▲
2023 · 0.35
Debt / equity
0.94▼
2023 · 1.42
ROE
10.8%▼
2023 · 22.6%
ROA
5.6%▼
2023 · 9.3%
Interest coverage
17.79▼
2023 · 23.91
Debt
€462k▼
2023 · €623k
Debt ≤ 1 year
€165k▼
2023 · €227k
Debt > 1 year
€293k▼
2023 · €395k
Income taxes
€34k▼
2023 · €37k
Staff costs
€180k▼
2023 · €182k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.06M€952k▼
Fixed assets21/28€981k€886k▼
Tangible fixed assets22/27€981k€886k▼
Land and buildings22€666k€650k▼
Furniture and vehicles24€32k€31k▼
Leasing and similar rights25€283k€205k▼
Financial fixed assets28€540€540=
Current assets29/58€80k€66k▼
Amounts receivable within one year40/41€71k€54k▼
Trade receivables40€70k€52k▼
Other amounts receivable41€269€2k▲
Current investments50/53€104€104=
Cash at bank and in hand54/58€555€4k▲
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€952k▼
Equity10/15€437k€490k▲
Contributions10/11€30k€30k=
Reserves13€406k€459k▲
Distributable reserves133€406k€459k▲
Investment grants15€1k€1k▼
Amounts payable17/49€623k€462k▼
Amounts payable after more than one year17€395k€293k▼
Financial debts170/4€393k€291k▼
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€227k€165k▼
Current portion of amounts payable after more than one year42€100k€102k▲
Trade debts44€10k€11k▲
Suppliers440/4€10k€11k▲
Taxes, remuneration and social security45€64k€43k▼
Taxes450/3€46k€26k▼
Remuneration and social security454/9€18k€17k▼
Other amounts payable47/48€54k€9k▼
Accrued charges and deferred income492/3€1k€5k▲
Income statement
Code20232024
Non-recurring operating income76A€2k€35k▲
Remuneration, social security and pensions62€182k€180k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€103k▲
Other operating charges640/8€428€5k▲
Gross operating margin9900€402k€387k▼
Operating profit (loss)9901€145k€99k▼
Financial income75/76B€338€300▼
Recurring financial income75€338€300▼
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€136k€87k▼
Income taxes67/77€37k€34k▼
Profit (loss) for the period9904€99k€53k▼
Profit (loss) for the period to be appropriated9905€99k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€99k€53k▼
Transfer to equity691/2€99k€53k▼
To other reserves6921€99k€53k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €99k ▲314%
Operating result €145k, net result €99k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €227k ▲14.2%
3 profitable years in a row build equity to €227k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €21k ▼60.2%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
1 act for this company is 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, Roeselare · 1 establishment unit since 2006
Ground area
2.7 ha
Parcel 36505C0954/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
VB-Tra BVBA
since 20062.151.722.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505C0954/00C000 | Flanders | 2.7 ha | - | - |
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 to 2025 · 2 entries · 2,043 EUR awarded · 2,043 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 543 EUR | 543 EUR |
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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CANNOOT D & D
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DUMA-TRANS
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D.V.M. TRANS
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 5,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2006
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52100Warehousing and storage
52249Warehousing and support activities for transportation
60243
63112
63122
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.