VF-TRANS
ActiveSummary
The computed 12-month bankruptcy probability of VF-TRANS is 2.7% (moderate). The 2025 annual accounts show equity of €53k and a net result of €18k. Equity is growing by ~37.9% per year across the filed fiscal years. Its solvency ranks better than 31% of 4603 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
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-13
Solvency45▼-9
Growth78=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.69 in 2024; short-term debt: 26.4% and cash: 21% of total assets), and 80% 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 →
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
20%
Return on assets
7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
54 d late
2023
21 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▼ 18.0%
2024 · €64k
2022: €25k
2023: €24k
2024: €64k
2022 → 2025
Total assets
€263k▲ 19.4%
2024 · €220k
2022: €44k
2023: €116k
2024: €220k
2022 → 2025
Net result
€18k▼ 54.0%
2024 · €40k
2022: €10k
2023: €-577
2024: €40k
2022 → 2025
Working capital
€15k▼ 57.8%
2024 · €36k
2022: €25k
2023: €7k
2024: €36k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€25k-€24k▼ 2.3%€64k▲ 166%€53k▼ 18.0%
Operating result€15k-€954▼ 93.7%€51k▲ 5,268%€27k▼ 46.7%
Net result€10k-€-577€40k€18k▼ 54.0%
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 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €263k
Fixed assets
€179k ▲ 34.3%
Current assets
€84k ▼ 3.4%
Equity and liabilities €263k
Equity
€53k ▼ 18.0%
Debt
€210k ▲ 34.8%
Debt's share of the balance-sheet total rises from 70.9% to 80.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€54k▼
2024 · €60k
Cash flow
€45k▼
2024 · €48k
Current ratio
1.22▼
2024 · 1.69
Debt to equity
4.00▲
2024 · 2.43
ROE
35.0%▼
2024 · 62.4%
ROA
7.0%▼
2024 · 18.2%
Interest coverage
9.73▼
2024 · 9.81
Debt ≤ 1 year
€69k▲
2024 · €52k
Debt > 1 year
€136k▲
2024 · €101k
Income taxes
€3k▼
2024 · €5k
Staff costs
€2k▲
2024 · €419
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€220k€263k▲
Fixed assets21/28€133k€179k▲
Tangible fixed assets22/27€133k€179k▲
Leasing and similar rights25€133k€179k▲
Current assets29/58€87k€84k▼
Amounts receivable within one year40/41€27k€22k▼
Trade receivables40€21k€15k▼
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€59k€55k▼
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€220k€263k▲
Equity10/15€64k€53k▼
Contributions10/11€15k€15k=
Reserves13€49k€38k▼
Tax-exempt reserves132€10k€10k=
Distributable reserves133€39k€28k▼
Amounts payable17/49€156k€210k▲
Amounts payable after more than one year17€101k€136k▲
Financial debts170/4€101k€136k▲
Amounts payable within one year42/48€52k€69k▲
Current portion of amounts payable after more than one year42€17k€33k▲
Trade debts44€4k€190▼
Suppliers440/4€4k€190▼
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€8k€2k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€20k€32k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€419€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€26k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€62k€59k▼
Operating profit (loss)9901€51k€27k▼
Financial income75/76B€97-
Recurring financial income75€97-
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€45k€22k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€40k€18k▼
Transfer to tax-exempt reserves689€10k-
Profit (loss) for the period to be appropriated9905€30k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€18k▼
Profit (loss) brought forward from the previous period14P€9k-
Transfer from equity791/2-€30k
Transfer to equity691/2€39k€18k▼
To other reserves6921€39k€18k▼
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Weakest financial yearnet €-577 ▼106%
Net result drops to €-577, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wichelen · 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.
Oud Dorp 69260 WichelenGround area
256 m²
Building footprint
94 m²
Volume, LiDAR
493 m³
Parcel 42026A0578/00L000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VF-TRANS
since 20212.318.254.468
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42026A0578/00L000 | Flanders | 256 m² | 1 · 94 m² | 7.8 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.
Similar companies · same sector, comparable size
MBK SERVICE
BE 0794.893.620
Sint-Jans-Molenbeek · Eq €52,609
TRANSPORTS LERNOULD & FILS
BE 0871.397.520
Frameries · Eq €52,650
NAKATRANS
BE 0685.568.284
Brussel · Eq €52,659
AUTO EUROP
BE 0426.969.947
Izegem · Eq €52,677
PIETERS LIEVEN
BE 0842.059.275
Stekene · Eq €52,678
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,032 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
Founded15-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.