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Waytransport

Active
Private limited companyfounded 2023active for 3 yearsNoteboomlaan(Kor) 25, 8500 Kortrijk, BelgiumKBO/BCE: BE 0800.420.244
Summary

The computed 12-month bankruptcy probability of Waytransport is 6.3% (elevated). The 2025 annual accounts show equity of €50,510 and a net result of €21,737. Its solvency ranks better than 65% of 5,707 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€99,097turnover 2025
Equity
€50,510
Profit
€21,737
Financial health
38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.3%
Structure
Accounts filed 31 days late0 of 1 deed read
Why 38raises riskFounded in 2023Sector: Land transport and transport via pipelines (NACE 49)Liquidity: current ratio 1.78, cash €31Size: turnover €99,097, total assets €95,598Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 65% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Strong
Solvency 78+10
equity 52.8% of total assets
Liquidity 30-34
short-term debt 42.1% · cash 0.0%
Profitability 94-6
return on assets 22.7%
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,078 companies, NACE 49, micro)
Last 24 months 11-2024: 5.0% 12-2024: 5.0%● unchanged vs 11-2024 01-2025: 4.8%▼ -0.2 percentage points vs 12-2024lowest value 02-2025: 4.8%● unchanged vs 01-2025 03-2025: 5.1%▲ +0.3 percentage points vs 02-2025 04-2025: 5.3%▲ +0.2 percentage points vs 03-2025 05-2025: 5.3%● unchanged vs 04-2025 06-2025: 5.3%● unchanged vs 05-2025 07-2025: 5.3%● unchanged vs 06-2025 08-2025: 5.3%● unchanged vs 07-2025 09-2025: 5.3%● unchanged vs 08-2025 10-2025: 5.3%● unchanged vs 09-2025 11-2025: 7.2%▲ +1.9 percentage points vs 10-2025 12-2025: 7.2%● unchanged vs 11-2025 01-2026: 7.2%● unchanged vs 12-2025 02-2026: 7.2%● unchanged vs 01-2026 03-2026: 7.2%● unchanged vs 02-2026 04-2026: 7.1%▼ -0.1 percentage points vs 03-2026 05-2026: 7.1%● unchanged vs 04-2026 06-2026: 7.1%● unchanged vs 05-2026 07-2026: 7.0%▼ -0.1 percentage points vs 06-2026 08-2026: 7.5%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 6.3%▼ -1.2 percentage points vs 08-2026 10-2026: 6.3%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 1.78, compared with 1.67 in 2024, above the usual 1.5; short-term debt: 42.1% and cash: 0% of total assets), and 47.2% 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, micro): better than 65% on solvency, 27% on liquidity, 83% on profitability and 86% on growth.

The bankruptcy probability was computed on 15-10-2026 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.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Liquidity: current ratio 1.78, cash €31
NBB · annual accounts
raises risk · Size: turnover €99,097, total assets €95,598
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings
Deviation from the deadline
2025
31 days late
2024
58 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 45 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.
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Turnover 2025first financial year filed €99,097 View
  • Active since 2023founded 05-04-2023 3 years View

By topic

Financials

Financial year
2025
Turnover
€99,097
Profit
€21,737
Solvency
52.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
05-04-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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