TRANSPORT BRAEM
ActiveTRANSPORT BRAEM has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €491k and a net result of €31k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 1850 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-3
Solvency76▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.7 in 2023; short-term debt: 38.9% and cash: 20.9% of total assets), and 49% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-04-2025, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
93 d early
2023
7 d early
2022
17 d early
2021
29 d late
2020
38 d early
2019
53 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€491k▲ 6.7%
2023 · €460k
2018: €218k
2019: €285k
2020: €279k
2021: €332k
2022: €404k
2023: €460k
2018 → 2024
Total assets
€962k▼ 2.6%
2023 · €988k
2018: €611k
2019: €794k
2020: €681k
2021: €1.03M
2022: €1.01M
2023: €988k
2018 → 2024
Net result
€31k▼ 44.4%
2023 · €56k
2018: €-9k
2019: €67k
2020: €-5k
2021: €118k
2022: €73k
2023: €56k
2018 → 2024
Working capital
€276k▼ 3.1%
2023 · €284k
2018: €135k
2019: €205k
2020: €229k
2021: €163k
2022: €204k
2023: €284k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€279k-€332k▲ 18.7%€404k▲ 21.9%€460k▲ 13.8%€491k▲ 6.7%
Operating result€-10k-€134k€99k▼ 25.8%€83k▼ 16.3%€56k▼ 32.3%
Net result€-5k-€118k€73k▼ 38.5%€56k▼ 23.4%€31k▼ 44.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €962k
Fixed assets
€312k▲ 5.0%
Current assets
€650k▼ 5.9%
Equity and liabilities €962k
Equity
€491k▲ 6.7%
Debt
€472k▼ 10.7%
The debt ratio falls from 53.5% to 49.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€174k▼
2023 · €195k
Cash flow
€149k▼
2023 · €167k
Solvency
51.0%▲
2023 · 46.5%
Current ratio
1.74▲
2023 · 1.70
Quick ratio
1.74▲
2023 · 1.70
Debt / equity
0.96▼
2023 · 1.15
ROE
6.3%▼
2023 · 12.1%
ROA
3.2%▼
2023 · 5.6%
Interest coverage
13.80▼
2023 · 27.40
Debt
€472k▼
2023 · €528k
Debt ≤ 1 year
€375k▼
2023 · €407k
Debt > 1 year
€93k▼
2023 · €122k
Income taxes
€13k▼
2023 · €24k
Staff costs
€355k▲
2023 · €337k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€988k€962k▼
Fixed assets21/28€297k€312k▲
Tangible fixed assets22/27€294k€308k▲
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€227k€266k▲
Leasing and similar rights25€60k€38k▼
Other tangible fixed assets26€36€0▼
Financial fixed assets28€4k€4k=
Current assets29/58€691k€650k▼
Amounts receivable within one year40/41€461k€439k▼
Trade receivables40€388k€330k▼
Other amounts receivable41€73k€109k▲
Cash at bank and in hand54/58€218k€201k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€988k€962k▼
Equity10/15€460k€491k▲
Contributions10/11€85k€85k=
Reserves13€375k€406k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€122k€122k=
Distributable reserves133€251k€283k▲
Amounts payable17/49€528k€472k▼
Amounts payable after more than one year17€122k€93k▼
Financial debts170/4€105k€42k▼
Other amounts payable178/9€17k€51k▲
Amounts payable within one year42/48€407k€375k▼
Current portion of amounts payable after more than one year42€79k€91k▲
Trade debts44€243k€188k▼
Suppliers440/4€243k€188k▼
Taxes, remuneration and social security45€32k€46k▲
Taxes450/3€7k€12k▲
Remuneration and social security454/9€25k€34k▲
Other amounts payable47/48€53k€49k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Remuneration, social security and pensions62€337k€355k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€118k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€539k€534k▼
Operating profit (loss)9901€83k€56k▼
Financial income75/76B€4k€88▼
Recurring financial income75€4k€88▼
Financial charges65/66B€7k€13k▲
Recurring financial charges65€7k€13k▲
Profit (loss) for the period before taxes9903€80k€44k▼
Income taxes67/77€24k€13k▼
Profit (loss) for the period9904€56k€31k▼
Profit (loss) for the period to be appropriated9905€56k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€31k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€56k€31k▼
To other reserves6921€56k€31k▼
Social balance
Average headcount (FTE)90874.85.6▲
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
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Back to profitnet €118k
Net result €118k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
31-12
Financial
Back to profitnet €67k
Net result €67k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2001
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.
Groenstraat(VER) 19130 Beveren-Kruibeke-ZwijndrechtGround area
9,343 m²
Building footprint
180 m²
Volume, LiDAR
875 m³
Parcel 46027B0179/00B000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRANSPORT BRAEM
since 20012.093.348.981
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46027B0179/00B000 | Flanders | 9,343 m² | 1 · 180 m² | 7.2 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,874 EUR awarded · 3,874 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 494 EUR | 494 EUR |
| 2023 | 2 | 3,116 EUR | 3,116 EUR |
| 2022 | 1 | 264 EUR | 264 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.093.348.981
Legal Entity Identifier
8945006TKPYREXAIK614
Similar companies · same sector, comparable size
AB Texel Feed België
BE 0752.940.724
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VB-Tra
BE 0879.122.975
Roeselare · Eq €490k
D.V.M. TRANS
BE 0895.781.736
Gistel · Eq €491k
Vitt Service
BE 0691.551.107
Wuustwezel · Eq €491k
CANNOOT D & D
BE 0862.453.130
Deinze · Eq €489k
Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 5,244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2001
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.