ALTRANSPORT
ActiveALTRANSPORT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €394k and a net result of €48k. Equity is shrinking by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 862 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency57▲+10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.14 in 2024; short-term debt: 57.6% and cash: 10.3% of total assets), and 68.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.5%
Return on assets
3.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €394k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
17 d early
2023
5 d early
2022
6 d early
2021
19 d early
2020
39 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€48k▼ 36.7%
2024 · €75k
2018: €115k
2019: €115k
2020: €245k
2021: €246k
2022: €79k
2023: €53k
2024: €75k
2018 → 2025
Working capital
€209k▲ 43.5%
2024 · €145k
2018: €2.22M
2019: €297k
2020: €428k
2021: €161k
2022: €260k
2023: €124k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€574k-€453k▼ 21.1%€356k▼ 21.5%€346k▼ 2.7%€394k▲ 13.8%
Operating result€297k-€71k▼ 76.2%€39k▼ 45.2%€93k▲ 141%€64k▼ 30.8%
Net result€246k-€79k▼ 67.9%€53k▼ 33.3%€75k▲ 43.1%€48k▼ 36.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€321k▼ 12.9%
Current assets
€929k▼ 21.0%
Equity and liabilities €1.25M
Equity
€394k▲ 13.8%
Debt
€856k▼ 28.5%
The debt ratio falls from 77.6% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€173k▼
2024 · €237k
Cash flow
€157k▼
2024 · €219k
Solvency
31.5%▲
2024 · 22.4%
Current ratio
1.29▲
2024 · 1.14
Quick ratio
1.29▲
2024 · 1.14
Debt / equity
2.17▼
2024 · 3.46
ROE
12.1%▼
2024 · 21.7%
ROA
3.8%▼
2024 · 4.9%
Interest coverage
9.73▼
2024 · 12.47
Debt
€856k▼
2024 · €1.20M
Debt ≤ 1 year
€720k▼
2024 · €1.03M
Debt > 1 year
€133k▼
2024 · €165k
Income taxes
€19k▼
2024 · €30k
Staff costs
€256k▲
2024 · €240k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.25M▼
Fixed assets21/28€369k€321k▼
Intangible fixed assets21€9k€5k▼
Tangible fixed assets22/27€360k€316k▼
Land and buildings22€22k€20k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€329k€289k▼
Current assets29/58€1.18M€929k▼
Amounts receivable after more than one year29€250k€260k▲
Other amounts receivable291€250k€260k▲
Amounts receivable within one year40/41€765k€513k▼
Trade receivables40€686k€475k▼
Other amounts receivable41€80k€39k▼
Cash at bank and in hand54/58€145k€129k▼
Deferred charges and accrued income490/1€15k€27k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.25M▼
Equity10/15€346k€394k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€284k€332k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€278k€278k=
Distributable reserves133€117€48k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.20M€856k▼
Amounts payable after more than one year17€165k€133k▼
Financial debts170/4€165k€133k▼
Amounts payable within one year42/48€1.03M€720k▼
Current portion of amounts payable after more than one year42€81k€99k▲
Financial debts43€11k€0▼
Credit institutions430/8€11k€0▼
Trade debts44€635k€553k▼
Suppliers440/4€635k€553k▼
Taxes, remuneration and social security45€64k€69k▲
Taxes450/3€18k€36k▲
Remuneration and social security454/9€45k€33k▼
Other amounts payable47/48€239k€0▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€0€4k▲
Remuneration, social security and pensions62€240k€256k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€144k€109k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€479k€434k▼
Operating profit (loss)9901€93k€64k▼
Financial income75/76B€31k€20k▼
Recurring financial income75€31k€20k▼
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€105k€67k▼
Income taxes67/77€30k€19k▼
Profit (loss) for the period9904€75k€48k▼
Profit (loss) for the period to be appropriated9905€75k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€48k▼
Transfer from equity791/2€10k€0▼
Transfer to equity691/2-€48k
To other reserves6921-€48k
Profit to be distributed694/7€85k€0▼
Return on contributions (dividend)694€85k€0▼
Social balance
Average headcount (FTE)90872.52.5=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €48k ▼36.7%
Net result drops to €48k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €246k ▲0.3%
Net result €246k, the highest in the series.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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, Laarne · 1 establishment unit since 1997
Cannot 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.
Veldmeersstraat 259270 LaarneGround area
2,751 m²
Building footprint
464 m²
Parcel 42010B1033/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Veldmeersstraat 25, 9270 Laarne
since 19972.080.060.179
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010B1033/00C000 | Flanders | 2,751 m² | 1 · 463 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLaarne2.080.060.179
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Of 12,605 companies in sector 49410 we hold annual accounts for 8,192. 5,526 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1996
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.altransport.com