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VT-LINE

Active
Private limited companyfounded 20251 yr activeKantinestraat 3, 8800 Roeselare, BelgiumKBO/BCE: BE 1018.330.348
Summary

The computed 12-month bankruptcy probability of VT-LINE is 1.8% (moderate). The 2025 annual accounts show equity of €64,477 and a net result of €56,195. Its solvency ranks better than 35% of 4695 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability95
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.42; short-term debt: 27.6% and cash: 27% of total assets), and 76.3% of the assets are financed with debt.
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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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
23.7%
Return on assets
20.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
26 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VT-LINE was incorporated on 7 January 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€64,477
Total assets
€271,662
Net result
€56,195
Working capital
€31,749

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €271,662
Fixed assets €164,976
Current assets €106,686
Equity and liabilities €271,662
Equity €64,477
Debt €207,185
Debt finances 76.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€115,818
Cash flow
€96,361
Current ratio
1.42
Debt to equity
3.21
ROE
87.2%
ROA
20.7%
Interest coverage
22.61
Debt ≤ 1 year
€74,937
Debt > 1 year
€132,248
Income taxes
€14,335

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€271,662
Fixed assets21/28€164,976
Tangible fixed assets22/27€164,976
Plant, machinery and equipment23€816
Furniture and vehicles24€164,159
Current assets29/58€106,686
Amounts receivable within one year40/41€33,312
Trade receivables40€33,312
Cash at bank and in hand54/58€73,374
Equity and liabilities
Total equity and liabilities10/49€271,662
Equity10/15€64,477
Contributions10/11€10,000
Profit (loss) carried forward14€54,477
Amounts payable17/49€207,185
Amounts payable after more than one year17€132,248
Financial debts170/4€132,248
Amounts payable within one year42/48€74,937
Current portion of amounts payable after more than one year42€39,213
Trade debts44€2,776
Suppliers440/4€2,776
Taxes, remuneration and social security45€31,230
Taxes450/3€29,730
Remuneration and social security454/9€1,500
Other amounts payable47/48€1,718
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,166
Other operating charges640/8€1,154
Gross operating margin9900€116,971
Operating profit (loss)9901€75,651
Financial charges65/66B€5,121
Recurring financial charges65€5,121
Profit (loss) for the period before taxes9903€70,530
Income taxes67/77€14,335
Profit (loss) for the period9904€56,195
Profit (loss) for the period to be appropriated9905€56,195
Appropriation of the result
Profit (loss) to be appropriated9906€56,195
Profit to be distributed694/7€1,718
Return on contributions (dividend)694€1,718

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,166
Other operating charges640/8€1,154
Gross operating margin9900€116,971
Operating profit (loss)9901€75,651
Financial charges65/66B€5,121
Recurring financial charges65€5,121
Profit (loss) for the period before taxes9903€70,530
Income taxes67/77€14,335
Profit (loss) for the period9904€56,195
Profit (loss) for the period to be appropriated9905€56,195
Line2025
Assets
Total assets20/58€271,662
Fixed assets21/28€164,976
Tangible fixed assets22/27€164,976
Plant, machinery and equipment23€816
Furniture and vehicles24€164,159
Current assets29/58€106,686
Amounts receivable within one year40/41€33,312
Trade receivables40€33,312
Cash at bank and in hand54/58€73,374
Equity and liabilities
Total equity and liabilities10/49€271,662
Equity10/15€64,477
Contributions10/11€10,000
Profit (loss) carried forward14€54,477
Amounts payable17/49€207,185
Amounts payable after more than one year17€132,248
Financial debts170/4€132,248
Amounts payable within one year42/48€74,937
Current portion of amounts payable after more than one year42€39,213
Trade debts44€2,776
Suppliers440/4€2,776
Taxes, remuneration and social security45€31,230
Taxes450/3€29,730
Remuneration and social security454/9€1,500
Other amounts payable47/48€1,718
Line2025
Profit (loss) for the period9904€56,195
+ Depreciation and write-downs630€40,166
Operating cash flow (approximation)€96,361

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
NBB filing
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.

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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 2025
seat establishment The establishment unit on the map
Ground area
736 m²
Building footprint
173 m²
Volume, LiDAR
838 m³
Parcel 36017C0265/00K000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VT-LINE
Kantinestraat 3, 8800 RoeselareFreight transport by road
since 20252.368.163.839
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36017C0265/00K000 Flanders 736 m² 1 · 173 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

2025 · 1 entry · 243 EUR awarded · 243 EUR paid
Year Entries awardedpaid
2025 1 243 EUR243 EUR
Schemes
1 entry · 243 EUR · 243 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 6,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018330348
Also 9925:BE1018330348
Registered 13-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.