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VILLE DE COURTRAI

Active
Public limited companyfounded 1990active for 36 yearsBlokkestraat 12, 8530 Harelbeke, BelgiumKBO/BCE: BE 0441.083.249
Summary

VILLE DE COURTRAI has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €787,802 and a net result of €3,249. Equity is growing by about 7% per year across the filed financial years. Its solvency ranks better than 38% of 1,075 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow ReportCompare
VILLE DE COURTRAIActiveChecked score 80/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
5th largest company by total assets in Harelbeke, Transport and storage sector1 site
Size
≈ €3.8mturnover 2025, estimated
Staff
18.8 FTE
Equity
€787,802
Profit
€3,249
Turnover estimated from the gross margin
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
MARDES · 98.73%
  • NV MARDESManaging director · permanent representative Jan Desutter
2025 accounts 2 days early3 of 7 deeds summarised
Why 80raises riskSector: Land transport and transport via pipelines (NACE 49)Size: 18.8 FTE, total assets €2.7mlowers riskFounded in 1990Figures for financial year 2025 (filed 06-08-2026)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 49, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 54+3
equity 29.3% of total assets
Liquidity 32-4
short-term debt 49.3% · cash 4.9%
Profitability 69-4
return on assets 0.1%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,181 companies, NACE 49, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%▼ -0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026highest value 08-2026: 0.5%▼ -0.4 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.98, compared with 0.91 in 2024, below 1; short-term debt: 49.3% and cash: 4.9% of total assets), and 70.7% of the assets are financed with debt and provisions.
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 38% on solvency, 25% on liquidity, 33% on profitability and 32% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: 18.8 FTE, total assets €2.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 06-08-2026)
NBB · annual accounts
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
27 days late
2023
36 days early
2022
52 days late
2021
9 days early
2020
1 day early
2019
39 days early
← 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 1 day before 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 29 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet €3,249 ▼96.5%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Result fell in 20252024 carried a one-off income of €64,420 ▼ 96.5% View
  • Positive: 5th largest company by total assets in Harelbeke, Transport and storage sectorin the Checked rankings No. 5 View
  • Positive: 8 profitable years in a rowprofit 2025: €3,249 8 years View
  • Controlled by MARDES 98.73% View

By topic

Financials

Financial year
2025
Total assets
€2.7m
Profit
€3,249
Solvency
29.3%
Total assets▼ 10.1%
Net result
20182025
Go to Financials

Timeline

Events
41
Since
1991
Next accounts
by 31-07-2027
  1. 08-04-2025Resignation: DESUTTER Frederik Boudewijn (director)
  2. 07-04-2025Resignations: BV FDS CONSULT, BV J.DESUTTER and…
  3. 25-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
11-06-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VILLE DE COURTRAI

What is the company number of VILLE DE COURTRAI?
0441.083.249. In Belgium the VAT number is the company number with BE in front: BE 0441.083.249.
Where is VILLE DE COURTRAI based?
The registered office is at Blokkestraat 12, 8530 Harelbeke.Company details
What does VILLE DE COURTRAI do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of VILLE DE COURTRAI?
Public limited company (NV).
When was VILLE DE COURTRAI founded?
On 11-06-1990.
Is VILLE DE COURTRAI still active?
Yes, VILLE DE COURTRAI is an active enterprise in the KBO register.
How many employees does VILLE DE COURTRAI have?
On average 18.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VILLE DE COURTRAI?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VILLE DE COURTRAI profitable?
In financial year 2025, VILLE DE COURTRAI made a profit of €3,249.
Where can I find the annual accounts of VILLE DE COURTRAI?
VILLE DE COURTRAI filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VILLE DE COURTRAI due?
By 31-07-2027, for financial year 2026.Timeline

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