Group Van Elsen Cargo Care
ActiveSummary
The computed 12-month bankruptcy probability of Group Van Elsen Cargo Care is 3.2% (moderate). The 2025 annual accounts show equity of €16k and a net result of €1k. Its solvency ranks better than 18% of 4603 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
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability66
Solvency30
Growth-
Track record67
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.72; short-term debt: 52.4% and cash: 20.2% of total assets), and 95.4% 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 →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
4.6%
Return on assets
0.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4603 sector peers (2025).
NBB · sector comparisonPosition among 4603 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 filingDeviation from the deadline
2025
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€16k
Total assets
€352k
Net result
€1k
Working capital
€-52k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €352k
Fixed assets
€219k
Current assets
€133k
Equity and liabilities €352k
Equity
€16k
Debt
€336k
Debt finances 95.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€59k
Cash flow
€48k
Current ratio
0.72
Debt to equity
20.64
ROE
7.8%
ROA
0.4%
Interest coverage
5.61
Debt ≤ 1 year
€185k
Debt > 1 year
€151k
Staff costs
€336k
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet
Code2025
Assets
Total assets20/58€352k
Fixed assets21/28€219k
Tangible fixed assets22/27€219k
Leasing and similar rights25€219k
Current assets29/58€133k
Amounts receivable within one year40/41€56k
Trade receivables40€43k
Other amounts receivable41€13k
Cash at bank and in hand54/58€71k
Deferred charges and accrued income490/1€6k
Equity and liabilities
Total equity and liabilities10/49€352k
Equity10/15€16k
Contributions10/11€15k
Profit (loss) carried forward14€1k
Amounts payable17/49€336k
Amounts payable after more than one year17€151k
Financial debts170/4€151k
Amounts payable within one year42/48€185k
Current portion of amounts payable after more than one year42€42k
Trade debts44€24k
Suppliers440/4€24k
Taxes, remuneration and social security45€39k
Taxes450/3€578
Remuneration and social security454/9€38k
Other amounts payable47/48€79k
Income statement
Code2025
Remuneration, social security and pensions62€336k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k
Other operating charges640/8€5k
Gross operating margin9900€400k
Operating profit (loss)9901€12k
Financial charges65/66B€11k
Recurring financial charges65€11k
Profit (loss) for the period before taxes9903€1k
Profit (loss) for the period9904€1k
Profit (loss) for the period to be appropriated9905€1k
Appropriation of the result
Profit (loss) to be appropriated9906€1k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 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.
Have them read with priority
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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, Mol · 3 establishment units since 2025
Ground area
26.1 ha
Building footprint
4.5 ha
Volume, LiDAR
3,772 m³
3 parcels, Flanders, Wallonia · tallest building 5.8 m. Linked by address, not a title deed.
3 establishment units
Group Van Elsen Cargo Care
since 20252.368.861.942
Group Van Elsen Cargo Care
since 20262.392.197.766
Group Van Elsen Cargo Care
since 20262.392.197.865
3 parcels
Flanders
2
(66.7%)
Wallonia
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71325F0651/00D000 | Flanders | 15.8 ha | 1 · 2.2 ha | 5.8 m |
| 62053A0255/00N000 | Wallonia | 9.9 ha | 1 · 2.3 ha | - |
| 13025G0774/00G000 | Flanders | 3,161 m² | 1 · 180 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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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FAST WAY
BE 0755.477.471
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CPN TRANSPORT
BE 0743.635.949
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EUROPEAN SPEED TRANSPORTATION
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 4,656 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 formPrivate limited company
Founded08-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
52250Logistics services
63920Other information service activities
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.