COUVIN TRANSPORTS
ActiveSummary
COUVIN TRANSPORTS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.03M and a net result of €25k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+1
Solvency100=
Growth59▲+1
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 5.83 in 2024; short-term debt: 14% of total assets), and 14.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
85.9%
Return on assets
2%
Age of the figures
9 mo
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
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
64 d early
2023
42 d early
2022
7 d early
2021
23 d late
2020
25 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.57M▲ 2.2%
2024 · €1.53M
2018: €2.00M
2019: €1.58M
2020: €1.48M
2021: €1.52M
2022: €1.63M
2023: €1.68M
2024: €1.53M
2018 → 2025
EBIT margin
2.4%▲ 0.1pp
2024 · 2.4%
2018: 0.1%
2019: -5.7%
2020: 0.8%
2021: 8.5%
2022: 2.4%
2023: 2.4%
2024: 2.4%
2018 → 2025
Net result
€25k▲ 1.8%
2024 · €24k
2018: €-5k
2019: €-90k
2020: €10k
2021: €104k
2022: €24k
2023: €27k
2024: €24k
2018 → 2025
Working capital
€436k▼ 42.5%
2024 · €759k
2018: €64k
2019: €17k
2020: €-58k
2021: €-25k
2022: €239k
2023: €611k
2024: €759k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.52M-€1.63M▲ 7.3%€1.68M▲ 3.1%€1.53M▼ 9.1%€1.57M▲ 2.2%
Equity€935k-€959k▲ 2.6%€986k▲ 2.8%€1.01M▲ 2.4%€1.03M▲ 2.4%
Operating result€129k-€39k▼ 70.0%€40k▲ 4.3%€36k▼ 10.7%€38k▲ 4.5%
Net result€104k-€24k▼ 76.9%€27k▲ 11.9%€24k▼ 10.1%€25k▲ 1.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€600k ▲ 138%
Current assets
€605k ▼ 34.0%
Equity and liabilities €1.20M
Equity
€1.03M ▲ 2.4%
Debt
€170k ▲ 7.1%
Debt's share of the balance-sheet total rises from 13.6% to 14.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€176k▲
2024 · €160k
Cash flow
€163k▲
2024 · €148k
Current ratio
3.59▼
2024 · 5.83
Debt to equity
0.16▲
2024 · 0.16
ROE
2.4%▼
2024 · 2.4%
ROA
2.0%▼
2024 · 2.1%
Interest coverage
251.28▲
2024 · 207.00
Debt ≤ 1 year
€168k▲
2024 · €157k
Income taxes
€13k▲
2024 · €13k
Staff costs
€796k▼
2024 · €810k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.17M€1.20M▲
Fixed assets21/28€252k€600k▲
Tangible fixed assets22/27€250k€597k▲
Furniture and vehicles24€250k€597k▲
Financial fixed assets28€3k€3k=
Current assets29/58€916k€605k▼
Amounts receivable within one year40/41€878k€567k▼
Trade receivables40€345k€420k▲
Other amounts receivable41€533k€147k▼
Deferred charges and accrued income490/1€38k€37k▼
Equity and liabilities
Total equity and liabilities10/49€1.17M€1.20M▲
Equity10/15€1.01M€1.03M▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€421k€421k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Distributable reserves133€381k€381k=
Profit (loss) carried forward14€188k€213k▲
Amounts payable17/49€159k€170k▲
Amounts payable within one year42/48€157k€168k▲
Trade debts44€33k€34k▲
Suppliers440/4€33k€34k▲
Taxes, remuneration and social security45€124k€134k▲
Taxes450/3€43k€54k▲
Remuneration and social security454/9€81k€81k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Turnover70€1.53M€1.57M▲
Non-recurring operating income76A€0€35k▲
Goods, raw materials, services and sundry goods60/61€535k€610k▲
Remuneration, social security and pensions62€810k€796k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€138k▲
Other operating charges640/8€75k€100k▲
Gross operating margin9900€1.04M€1.07M▲
Operating profit (loss)9901€36k€38k▲
Financial income75/76B€2k€618▼
Recurring financial income75€2k€618▼
Financial charges65/66B€772€701▼
Recurring financial charges65€772€701▼
Profit (loss) for the period before taxes9903€37k€38k▲
Income taxes67/77€13k€13k▲
Profit (loss) for the period9904€24k€25k▲
Profit (loss) for the period to be appropriated9905€24k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€188k€213k▲
Profit (loss) brought forward from the previous period14P€164k€188k▲
Social balance
Average headcount (FTE)908715.214.7▼
The notes to these accounts (9 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €1MEq €1.01M ▲2.4%
5 profitable years in a row build equity to €1.01M.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 2.44
Current ratio from 0.93 to 2.44; short-term debt falls from €356k to €166k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €104k ▲935%
Operating result €129k, net result €104k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
31-12
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
Show earlier events
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Couvin · 1 establishment unit since 2006
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.
Rue des Mousquetaires Gris 335660 CouvinGround area
8,787 m²
Building footprint
815 m²
Parcel 93039B0118/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
COUVIN TRANSPORTS
since 20062.156.852.606
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93039B0118/00M000 | Wallonia | 8,787 m² | 1 · 815 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.
Similar companies · same sector, comparable size
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OZGUR TRANSPORT
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 4,077 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:060/34.00.00