TRANSPORT PIESSENS
ActiveTRANSPORT PIESSENS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.14M and a net result of €489k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 1850 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
73
/ 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
Profitability76▼-4
Solvency87▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 2.41 in 2023; short-term debt: 13.8% and cash: 7.3% of total assets), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
62.2%
Return on assets
5.9%
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 18-04-2025, 104 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
104 d early
2023
on the day
2022
42 d early
2021
41 d early
2020
17 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€5.14M▲ 3.8%
2023 · €4.96M
2018: €3.26M
2019: €2.42M
2020: €3.01M
2021: €3.67M
2022: €4.44M
2023: €4.96M
2018 → 2024
Total assets
€8.27M▲ 0.7%
2023 · €8.22M
2018: €7.02M
2019: €6.35M
2020: €6.40M
2021: €6.71M
2022: €7.55M
2023: €8.22M
2018 → 2024
Net result
€489k▼ 35.1%
2023 · €753k
2018: €473k
2019: €624k
2020: €651k
2021: €844k
2022: €987k
2023: €753k
2018 → 2024
Working capital
€2.03M▲ 5.0%
2023 · €1.93M
2018: €849k
2019: €1.20M
2020: €1.26M
2021: €1.69M
2022: €1.90M
2023: €1.93M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.01M-€3.67M▲ 21.9%€4.44M▲ 21.0%€4.96M▲ 11.5%€5.14M▲ 3.8%
Operating result€900k-€1.20M▲ 33.1%€1.33M▲ 11.5%€1.03M▼ 22.7%€691k▼ 33.1%
Net result€651k-€844k▲ 29.6%€987k▲ 16.9%€753k▼ 23.6%€489k▼ 35.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 33% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.27M
Fixed assets
€5.10M▲ 3.8%
Current assets
€3.17M▼ 4.0%
Equity and liabilities €8.27M
Equity
€5.14M▲ 3.8%
Provisions
€34k▲ 86.4%
Debt
€3.10M▼ 4.6%
The debt ratio falls from 39.5% to 37.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.43M▼
2023 · €1.60M
Cash flow
€1.23M▼
2023 · €1.32M
Solvency
62.2%▲
2023 · 60.3%
Current ratio
2.77▲
2023 · 2.41
Quick ratio
2.77▲
2023 · 2.41
Debt / equity
0.60▼
2023 · 0.65
ROE
9.5%▼
2023 · 15.2%
ROA
5.9%▼
2023 · 9.2%
Interest coverage
16.57▼
2023 · 22.65
Debt
€3.10M▼
2023 · €3.24M
Debt ≤ 1 year
€1.15M▼
2023 · €1.37M
Debt > 1 year
€1.95M▲
2023 · €1.84M
Income taxes
€164k▼
2023 · €223k
Staff costs
€1.43M▼
2023 · €1.45M
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€8.22M€8.27M▲
Fixed assets21/28€4.91M€5.10M▲
Tangible fixed assets22/27€4.91M€5.10M▲
Land and buildings22€3.14M€3.14M▼
Plant, machinery and equipment23€18k€22k▲
Furniture and vehicles24€1.07M€914k▼
Leasing and similar rights25€677k€1.03M▲
Current assets29/58€3.31M€3.17M▼
Amounts receivable after more than one year29€185k€135k▼
Other amounts receivable291€185k€135k▼
Amounts receivable within one year40/41€1.11M€1.08M▼
Trade receivables40€994k€981k▼
Other amounts receivable41€112k€103k▼
Current investments50/53€942k€1.35M▲
Cash at bank and in hand54/58€1.01M€607k▼
Deferred charges and accrued income490/1€64k€2k▼
Equity and liabilities
Total equity and liabilities10/49€8.22M€8.27M▲
Equity10/15€4.96M€5.14M▲
Contributions10/11€55k€55k=
Reserves13€4.90M€5.09M▲
Tax-exempt reserves132€1.00M€1.05M▲
Distributable reserves133€3.90M€4.04M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€18k€34k▲
Deferred taxes168€18k€34k▲
Amounts payable17/49€3.24M€3.10M▼
Amounts payable after more than one year17€1.84M€1.95M▲
Financial debts170/4€1.84M€1.95M▲
Other amounts payable178/9€1k€0▼
Amounts payable within one year42/48€1.37M€1.15M▼
Current portion of amounts payable after more than one year42€347k€438k▲
Financial debts43€73k€51k▼
Credit institutions430/8€73k€51k▼
Trade debts44€329k€127k▼
Suppliers440/4€329k€127k▼
Taxes, remuneration and social security45€353k€195k▼
Taxes450/3€178k€22k▼
Remuneration and social security454/9€175k€173k▼
Other amounts payable47/48€272k€335k▲
Accrued charges and deferred income492/3€28k€0▼
Income statement
Code20232024
Non-recurring operating income76A€143k€85k▼
Remuneration, social security and pensions62€1.45M€1.43M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€571k€742k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-16k
Other operating charges640/8€281k€325k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€3.34M€3.17M▼
Operating profit (loss)9901€1.03M€691k▼
Financial income75/76B€13k€64k▲
Recurring financial income75€13k€64k▲
Financial charges65/66B€71k€86k▲
Recurring financial charges65€71k€86k▲
Profit (loss) for the period before taxes9903€975k€668k▼
Transfer from deferred taxes780€1k€6k▲
Transfer to deferred taxes680-€21k
Income taxes67/77€223k€164k▼
Profit (loss) for the period9904€753k€489k▼
Transfer from tax-exempt reserves789€4k€17k▲
Transfer to tax-exempt reserves689€143k€64k▼
Profit (loss) for the period to be appropriated9905€615k€442k▼
Appropriation of the result
Profit (loss) to be appropriated9906€615k€442k▼
Transfer from equity791/2€241k€300k▲
Transfer to equity691/2€615k€442k▼
To other reserves6921€615k€442k▼
Profit to be distributed694/7€241k€300k▲
Return on contributions (dividend)694€241k€300k▲
Social balance
Average headcount (FTE)908726.427.1▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €5MEq €5.14M ▲3.8%
7 profitable years in a row build equity to €5.14M.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €987k ▲16.9%
Operating result €1.33M, net result €987k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
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
7 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, Londerzeel · 1 establishment unit since 1984
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.
Nijverheidsstraat 61840 LonderzeelGround area
9,358 m²
Building footprint
248 m²
Volume, LiDAR
1,605 m³
Parcel 23045D0304/00G000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Transport Piessens
since 19842.025.511.537
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0304/00G000 | Flanders | 9,358 m² | 1 · 248 m² | 7.1 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 · 5 entries · 20,800 EUR awarded · 19,810 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 660 EUR | 660 EUR |
| 2024 | 1 | 1,320 EUR | 330 EUR |
| 2023 | 2 | 17,299 EUR | 17,299 EUR |
| 2022 | 1 | 1,521 EUR | 1,521 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 1,716 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-1984
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 40 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.