Union de Transport
ActiveUnion de Transport has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €503k and a net result of €63k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 1844 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.39 against 5.32 in 2024; short-term debt: 21.7% and cash: 60.4% of total assets), and 22.1% 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 →
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 2025Solvency, return and age of the figures
Solvency
77.9%
Return on assets
9.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
36 d early
2023
22 d early
2022
26 d early
2021
60 d early
2020
29 d early
2019
51 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€503k▲ 2.5%
2024 · €490k
2018: €351k
2019: €357k
2020: €408k
2021: €436k
2022: €487k
2023: €452k
2024: €490k
2018 → 2025
Total assets
€645k▲ 14.6%
2024 · €563k
2018: €416k
2019: €600k
2020: €552k
2021: €560k
2022: €601k
2023: €613k
2024: €563k
2018 → 2025
Net result
€63k▲ 64.5%
2024 · €38k
2018: €30k
2019: €6k
2020: €51k
2021: €28k
2022: €51k
2023: €47k
2024: €38k
2018 → 2025
Working capital
€335k▲ 10.4%
2024 · €303k
2018: €242k
2019: €180k
2020: €240k
2021: €288k
2022: €262k
2023: €253k
2024: €303k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€436k-€487k▲ 11.7%€452k▼ 7.2%€490k▲ 8.5%€503k▲ 2.5%
Operating result€40k-€70k▲ 73.9%€62k▼ 11.2%€52k▼ 16.8%€88k▲ 69.8%
Net result€28k-€51k▲ 83.7%€47k▼ 8.5%€38k▼ 17.8%€63k▲ 64.5%
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 recovers in 2025; 2025 is 70% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €645k
Fixed assets
€170k▼ 10.1%
Current assets
€475k▲ 27.1%
Equity and liabilities €645k
Equity
€503k▲ 2.5%
Debt
€142k▲ 96.6%
The debt ratio rises from 12.9% to 22.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€121k▲
2024 · €85k
Cash flow
€96k▲
2024 · €72k
Solvency
77.9%▼
2024 · 87.1%
Current ratio
3.39▼
2024 · 5.32
Quick ratio
3.39▼
2024 · 5.32
Debt / equity
0.28▲
2024 · 0.15
ROE
12.6%▲
2024 · 7.8%
ROA
9.8%▲
2024 · 6.8%
Interest coverage
26.80▼
2024 · 123.76
Debt
€142k▲
2024 · €72k
Debt ≤ 1 year
€140k▲
2024 · €70k
Income taxes
€25k▲
2024 · €15k
Staff costs
€92k▲
2024 · €85k
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€563k€645k▲
Fixed assets21/28€189k€170k▼
Tangible fixed assets22/27€189k€170k▼
Land and buildings22€92k€92k=
Plant, machinery and equipment23€14k€19k▲
Furniture and vehicles24€82k€59k▼
Financial fixed assets28€828€828=
Current assets29/58€373k€475k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€48k€46k▼
Trade receivables40€48k€46k▼
Other amounts receivable41€34€0▼
Current investments50/53€64k€38k▼
Cash at bank and in hand54/58€257k€390k▲
Deferred charges and accrued income490/1€5k€0▼
Equity and liabilities
Total equity and liabilities10/49€563k€645k▲
Equity10/15€490k€503k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€428k€441k▲
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€34k€34k=
Distributable reserves133€369k€381k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€72k€142k▲
Amounts payable within one year42/48€70k€140k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€20k€11k▼
Suppliers440/4€20k€11k▼
Taxes, remuneration and social security45€18k€38k▲
Taxes450/3€7k€24k▲
Remuneration and social security454/9€11k€14k▲
Other amounts payable47/48€33k€91k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€0€665▲
Remuneration, social security and pensions62€85k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k▼
Other operating charges640/8€31k€34k▲
Gross operating margin9900€201k€247k▲
Operating profit (loss)9901€52k€88k▲
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€687€5k▲
Recurring financial charges65€687€5k▲
Profit (loss) for the period before taxes9903€53k€88k▲
Income taxes67/77€15k€25k▲
Profit (loss) for the period9904€38k€63k▲
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€38k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€63k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0€51k▲
Transfer to equity691/2€38k€63k▲
To other reserves6921€38k€63k▲
Profit to be distributed694/7€0€51k▲
Return on contributions (dividend)694€0€51k▲
The notes to these accounts (12 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
31-12
Financial
Highest result since 2018net €63k ▲64.5%
Operating result €88k, net result €63k, both a record.
31-12
Financial
Equity above €500kEq €503k ▲2.5%
8 profitable years in a row build equity to €503k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.32
Current ratio from 2.59 to 5.32; short-term debt falls from €159k to €70k.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €6k ▼80.5%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Lendelede · 1 establishment unit since 1972
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.
Hulstsestraat 38860 LendeledeGround area
2,003 m²
Building footprint
223 m²
Volume, LiDAR
1,207 m³
Parcel 34025C0627/00D000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hulstsestraat 3, 8860 Lendelede
since 19722.038.551.406
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025C0627/00D000 | Flanders | 2,003 m² | 1 · 223 m² | 8.7 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 · 5,045 EUR awarded · 5,045 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 256 EUR | 256 EUR |
| 2023 | 2 | 1,673 EUR | 1,673 EUR |
| 2022 | 2 | 3,116 EUR | 3,116 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TRANSPORT VANHOVE
BE 0417.732.973
Hechtel-Eksel · Eq €503k
ANTWERPNATIE
BE 0684.550.576
Antwerpen · Eq €503k
TRANSPORT ANMATRANS
BE 0412.971.461
Gavere · Eq €502k
RYBRA
BE 0477.074.011
Lochristi · Eq €504k
CHRIS CEYSSENS
BE 0750.777.030
Peer · Eq €505k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 5,204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-05-1972
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.