SCANDINAVIAN TRANSPORT
ActiveThe computed 12-month bankruptcy probability of SCANDINAVIAN TRANSPORT is 2.6% (moderate). The 2025 annual accounts show equity of €24k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 89% of 4604 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+49
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 0.67 in 2024; short-term debt: 16% and cash: 10% of total assets), and 16% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
84%
Return on assets
36.7%
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
2122232425
2021 to 2025 · latest year €24k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
4 d early
2024
27 d late
2023
29 d late
2022
91 d late
2021
19 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▲ 77.4%
2024 · €13k
2021: €7k
2022: €-366
2023: €212
2024: €13k
2021 → 2025
Total assets
€28k▼ 45.2%
2024 · €51k
2021: €23k
2022: €39k
2023: €35k
2024: €51k
2021 → 2025
Net result
€10k▼ 21.3%
2024 · €13k
2021: €-13k
2022: €-7k
2023: €578
2024: €13k
2021 → 2025
Working capital
€7k
2024 · €-13k
2021: €-8k
2022: €-11k
2023: €-27k
2024: €-13k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€-366€212€13k▲ 6,159%€24k▲ 77.4%
Operating result€-13k-€-7k▲ 44.4%€588€13k▲ 2,135%€12k▼ 10.7%
Net result€-13k-€-7k▲ 44.1%€578€13k▲ 2,159%€10k▼ 21.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€17k▼ 34.5%
Current assets
€11k▼ 56.1%
Equity and liabilities €28k
Equity
€24k▲ 77.4%
Debt
€4k▼ 88.2%
The debt ratio falls from 74.1% to 16.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €24k
Cash flow
€19k▼
2024 · €24k
Solvency
84.0%▲
2024 · 25.9%
Current ratio
2.48▲
2024 · 0.67
Quick ratio
2.48▲
2024 · 0.67
Debt / equity
0.19▼
2024 · 2.85
ROE
43.6%▼
2024 · 98.4%
ROA
36.7%▲
2024 · 25.5%
Interest coverage
214.86▼
2024 · 311.18
Debt
€4k▼
2024 · €38k
Debt ≤ 1 year
€4k▼
2024 · €38k
Income taxes
€1k
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€51k€28k▼
Fixed assets21/28€26k€17k▼
Tangible fixed assets22/27€17k€8k▼
Furniture and vehicles24€17k€8k▼
Financial fixed assets28€9k€9k=
Current assets29/58€25k€11k▼
Amounts receivable within one year40/41€10k€8k▼
Trade receivables40€390-
Other amounts receivable41€9k€8k▼
Cash at bank and in hand54/58€15k€3k▼
Equity and liabilities
Total equity and liabilities10/49€51k€28k▼
Equity10/15€13k€24k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-7k€4k▲
Amounts payable17/49€38k€4k▼
Amounts payable within one year42/48€38k€4k▼
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Advances received on contracts in progress46€14k-
Taxes, remuneration and social security45€13k€1k▼
Taxes450/3-€1k
Remuneration and social security454/9€13k-
Other amounts payable47/48€729€92▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61-€89k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€216€307▲
Gross operating margin9900€24k€21k▼
Operating profit (loss)9901€13k€12k▼
Financial income75/76B€0€71▲
Recurring financial income75€0€71▲
Financial charges65/66B€76€96▲
Recurring financial charges65€76€96▲
Profit (loss) for the period before taxes9903€13k€12k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€13k€10k▼
Profit (loss) for the period to be appropriated9905€13k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€4k▲
Profit (loss) brought forward from the previous period14P€-20k€-7k▲
The notes to these accounts (5 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 2.48
Current ratio from 0.67 to 2.48; short-term debt falls from €38k to €4k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2021net €13k ▲2159%
Operating result €13k, net result €13k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €578
Net result €578 after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zoutleeuw · 1 establishment unit since 2021
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.
Dormaalstraat 453440 ZoutleeuwGround area
1,411 m²
Building footprint
303 m²
Volume, LiDAR
1,708 m³
2 parcels, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SCANDINAVIAN TRANSPORT
since 20212.314.903.713
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24036D0321/00D000 | Flanders | 985 m² | 1 · 225 m² | 10.0 m · 2 fl. |
| 24592E0276/00E000 | Flanders | 426 m² | 1 · 78 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 5,182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
49420Removal services
52250Logistics services
52290Warehousing and support activities for transportation
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.