TRANSPORT CEUSTERS
ActiveSummary
TRANSPORT CEUSTERS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.89M and a net result of €348k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 1851 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-2
Solvency76▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.56 in 2023; short-term debt: 30.8% and cash: 8.5% of total assets), and 48.9% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
51.1%
Return on assets
9.4%
Age of the figures
21 mo
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
41 d early
2022
39 d early
2021
38 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.89M▲ 11.9%
2023 · €1.69M
2018: €603k
2019: €771k
2020: €989k
2021: €1.13M
2022: €1.39M
2023: €1.69M
2018 → 2024
Total assets
€3.69M▲ 13.0%
2023 · €3.27M
2018: €2.66M
2019: €3.08M
2020: €3.14M
2021: €3.19M
2022: €3.42M
2023: €3.27M
2018 → 2024
Net result
€348k▼ 8.8%
2023 · €382k
2018: €96k
2019: €168k
2020: €268k
2021: €200k
2022: €324k
2023: €382k
2018 → 2024
Working capital
€621k▲ 2.3%
2023 · €607k
2018: €593k
2019: €625k
2020: €706k
2021: €606k
2022: €664k
2023: €607k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€989k-€1.13M▲ 14.2%€1.39M▲ 23.4%€1.69M▲ 20.9%€1.89M▲ 11.9%
Operating result€327k-€256k▼ 21.6%€426k▲ 66.2%€536k▲ 25.9%€493k▼ 8.1%
Net result€268k-€200k▼ 25.3%€324k▲ 62.0%€382k▲ 17.7%€348k▼ 8.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.69M
Fixed assets
€1.93M ▲ 23.0%
Current assets
€1.76M ▲ 3.7%
Equity and liabilities €3.69M
Equity
€1.89M ▲ 11.9%
Debt
€1.81M ▲ 14.1%
Debt's share of the balance-sheet total rises from 48.4% to 48.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.09M▲
2023 · €1.06M
Cash flow
€950k▲
2023 · €902k
Current ratio
1.55▼
2023 · 1.56
Quick ratio
1.53▼
2023 · 1.55
Debt to equity
0.96▲
2023 · 0.94
ROE
18.5%▼
2023 · 22.6%
ROA
9.4%▼
2023 · 11.7%
Interest coverage
40.36▲
2023 · 37.77
Debt ≤ 1 year
€1.14M▲
2023 · €1.09M
Debt > 1 year
€670k▲
2023 · €495k
Income taxes
€118k▼
2023 · €136k
Staff costs
€2.09M▼
2023 · €2.15M
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 · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.27M€3.69M▲
Fixed assets21/28€1.57M€1.93M▲
Intangible fixed assets21€16k€12k▼
Tangible fixed assets22/27€1.55M€1.92M▲
Land and buildings22€59k€54k▼
Plant, machinery and equipment23€61k€52k▼
Furniture and vehicles24€477k€522k▲
Leasing and similar rights25€957k€1.29M▲
Financial fixed assets28€3k-
Current assets29/58€1.70M€1.76M▲
Stocks and contracts in progress3€7k€23k▲
Stocks30/36€7k€23k▲
Amounts receivable within one year40/41€1.07M€1.17M▲
Trade receivables40€1.07M€1.17M▲
Current investments50/53-€255k
Cash at bank and in hand54/58€619k€313k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€3.27M€3.69M▲
Equity10/15€1.69M€1.89M▲
Contributions10/11€25k€25k=
Reserves13€1.47M€1.67M▲
Tax-exempt reserves132€317k€369k▲
Distributable reserves133€1.16M€1.30M▲
Profit (loss) carried forward14€188k€195k▲
Amounts payable17/49€1.58M€1.81M▲
Amounts payable after more than one year17€495k€670k▲
Financial debts170/4€495k€670k▲
Amounts payable within one year42/48€1.09M€1.14M▲
Current portion of amounts payable after more than one year42€387k€359k▼
Trade debts44€382k€428k▲
Suppliers440/4€382k€428k▲
Taxes, remuneration and social security45€229k€201k▼
Taxes450/3€94k€70k▼
Remuneration and social security454/9€135k€131k▼
Other amounts payable47/48€91k€149k▲
Income statement
Code20232024
Non-recurring operating income76A€72k€58k▼
Remuneration, social security and pensions62€2.15M€2.09M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€520k€602k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€4k
Other operating charges640/8€32k€32k▼
Gross operating margin9900€3.24M€3.22M▼
Operating profit (loss)9901€536k€493k▼
Financial income75/76B€10k€1k▼
Recurring financial income75€10k€1k▼
Financial charges65/66B€28k€27k▼
Recurring financial charges65€28k€27k▼
Profit (loss) for the period before taxes9903€518k€467k▼
Income taxes67/77€136k€118k▼
Profit (loss) for the period9904€382k€348k▼
Transfer to tax-exempt reserves689€72k€52k▼
Profit (loss) for the period to be appropriated9905€310k€297k▼
Appropriation of the result
Profit (loss) to be appropriated9906€488k€485k▼
Profit (loss) brought forward from the previous period14P€178k€188k▲
Transfer from equity791/2€90k€148k▲
Transfer to equity691/2€300k€290k▼
To other reserves6921€300k€290k▼
Profit to be distributed694/7€90k€148k▲
Return on contributions (dividend)694€90k€148k▲
Social balance
Average headcount (FTE)908736.435.5▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €382k ▲17.7%
Operating result €536k, net result €382k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.13M ▲14.2%
4 profitable years in a row build equity to €1.13M.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Laakdal · 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.
Kapelleberg 12430 LaakdalGround area
739 m²
Building footprint
149 m²
Volume, LiDAR
805 m³
Parcel 13007B0102/00S000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Transport Ceusters
since 20062.156.543.986
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13007B0102/00S000 | Flanders | 739 m² | 1 · 149 m² | 8.1 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 · 6 entries · 23,088 EUR awarded · 23,359 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,815 EUR | 2,058 EUR |
| 2024 | 1 | 1,374 EUR | 1,253 EUR |
| 2023 | 2 | 6,732 EUR | 7,151 EUR |
| 2022 | 2 | 13,167 EUR | 12,897 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 siteLaakdal2.156.543.986
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,108 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
Founded26-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.