Age3 yrs
Real estate1 parcel · 331 m²
Summary
Conclusion
the dossier summarised in one paragraphThe 2025 annual accounts show negative equity (€-90k) and a net result of €16k. Equity is shrinking by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 450 sector peers (fiscal year 2025).
Based on the State Gazette, CBE and 3 annual accounts.
Signals
1 signal · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 450 sector peers (2025).
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2025, that is 30-04-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-09-2025 | 30-04-2026 | 27-03-2026 | 34 d early | 2026-00063655 |
| 30-09-2024 | 30-04-2025 | 18-03-2025 | 43 d early | 2025-00049732 |
| 30-09-2023 | 30-04-2024 | 29-04-2024 | 1 d early | 2024-00072638 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
Administrative Flags
The KBO publications could not be read just now, so at this moment we do not know whether there are strikeouts.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€16k
Working capital€-34k-34.7%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 27-03-2026 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 49, Land transport · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -212.0% | 30.7% | |
| Net result | €16k | €9k | |
| Equity | €-90k | €25k | |
| Gross operating margin | €28k | €46k | |
| Total assets | €42k | €102k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P5
Stable position over 2023-2025
· n=450-2276
P61
Improving position over 2023-2025
· n=446-2258
P5
Stable position over 2023-2025
· n=450-2282
P37
Stable position over 2023-2025
· n=445-2246
Describes the position versus peers, not a forecast.
€26k
-
23-25
€16k
-
23-25
€20k
-
23-25
€42k
-21.6%
23-25
€-90k
+14.8%
23-25
€-34k
-34.7%
23-25
0
-90.0%
23-25
€16k
-46.6%
23-25
Show 10 other metrics
€132k
-17.1%
23-25
€64k
-5.7%
23-25
€68k
-25.6%
23-25
0.46
-25.7%
23-25
0.46
-25.7%
23-25
-212.0%
-8.7%
23-25
-1.47
+2.7%
23-25
-17.3%
-
23-25
36.7%
-
23-25
3.64
-
23-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €26k |
| Net profit | €16k |
| Cash flow | €20k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €42k |
| Equity | €-90k |
| Debt | €132k |
| of which ≤ 1y | €64k |
| of which > 1y | €68k |
| Working capital | €-34k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.46 |
| Quick ratio | 0.46 |
| Working capital ratio | -81.2% |
| Solvency | -212.0% |
| Debt / equity | -1.47 |
| Long-term debt ratio | -0.76 |
| Interest coverage | 3.64 |
| Gross margin | - |
| Net margin | - |
| ROA | 36.7% |
| ROE | -17.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €42k |
| Fixed assets | 21/28 | €13k |
| Tangible fixed assets | 22/27 | €13k |
| Current assets | 29/58 | €30k |
| Amounts receivable within one year | 40/41 | €16k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k |
| Equity | 10/15 | €-90k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-94k |
| Amounts payable | 17/49 | €132k |
| Amounts payable after one year | 17 | €68k |
| Amounts payable within one year | 42/48 | €64k |
| Trade debts payable within one year | 44 | €31k |
| Income statement | ||
| Gross operating margin | 9900 | €28k |
| Operating result | 9901 | €22k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €16k |
| Net result for the period | 9904 | €16k |
| Result to be appropriated | 9905 | €16k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed16
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Graaf de Montblanclaan 228870 IzegemEstablishment units
1 locationVDV Trans
since 20222.334.981.228
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area331 m²
Buildings1
Building footprint64 m²
Volume (LiDAR)442 m³
Tallest building9.4 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A0636/00N002 | Flanders | 331 m² | 1 · 64 m² | 9.4 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
The insolvency source could not be read just now. That is not reassurance: at this moment we do not know whether there are signals.
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.
Analysis
Financial profile
4 of 5 axes measured27
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: stability. An unmeasured axis is not a zero: no data was read for it.
Health
16
Profitability
0
Solvency
33
Growth
58
Stability
-
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankActivities
Goederenvervoer over de weg49410Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Logistieke diensten52250Overige vervoerondersteunende activiteiten52290
Primary activity highlighted.
Names & trade names
| Legal nameNL | VDV Trans |
Registered office
Graaf de Montblanclaan 22
8870 Izegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.