Sutrans
ActiveSummary
Sutrans has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46.81M and a net result of €68k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 868 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-3
Solvency100=
Growth50▼-2
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.75M at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.15 in 2024; short-term debt: 6.1% and cash: 0% of total assets), and 6.1% of the assets are financed with debt.
Credit check 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
93.9%
Return on assets
0.1%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
74 d early
2024
73 d early
2023
68 d early
2022
68 d early
2021
69 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€17.86M▼ 4.0%
2024 · €18.60M
2018: €13.88Mlowest in 8 years
2019: €16.88M▲ +21.6% vs 2018
2020: €16.77M▼ -0.6% vs 2019
2021: €18.15M▲ +8.2% vs 2020
2022: €18.71M▲ +3.1% vs 2021highest in 8 years
2023: €18.54M▼ -0.9% vs 2022
2024: €18.60M▲ +0.3% vs 2023
2025: €17.86M▼ -4.0% vs 2024
2018 → 2025
EBIT margin
0.8%▼ 3.8pp
2024 · 4.6%
2018: 10.6%highest in 8 years
2019: 5.5%▼ -47.7% vs 2018
2020: 5.6%▲ +0.8% vs 2019
2021: 4.5%▼ -18.9% vs 2020
2022: 6.7%▲ +48.4% vs 2021
2023: 6.1%▼ -9.3% vs 2022
2024: 4.6%▼ -24.5% vs 2023
2025: 0.8%▼ -83.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€68k▼ 89.2%
2024 · €628k
2018: €10.15Mhighest in 8 years
2019: €3.88M▼ -61.7% vs 2018
2020: €598k▼ -84.6% vs 2019
2021: €557k▼ -6.9% vs 2020
2022: €860k▲ +54.5% vs 2021
2023: €727k▼ -15.4% vs 2022
2024: €628k▼ -13.7% vs 2023
2025: €68k▼ -89.2% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-2.53M▲ 27.0%
2024 · €-3.46M
2018: €-5.21M
2019: €-5.34M▼ -2.6% vs 2018
2020: €-8.02M▼ -50.1% vs 2019
2021: €-9.31M▼ -16.1% vs 2020lowest in 8 years
2022: €-8.46M▲ +9.2% vs 2021
2023: €-2.92M▲ +65.5% vs 2022
2024: €-3.46M▼ -18.7% vs 2023
2025: €-2.53M▲ +27.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€18.15M-€18.71M▲ 3.1%€18.54M▼ 0.9%€18.60M▲ 0.3%€17.86M▼ 4.0%
2021: €18.15M
2022: €18.71M▲ +3.1% vs 2021highest in 5 years
2023: €18.54M▼ -0.9% vs 2022
2024: €18.60M▲ +0.3% vs 2023
2025: €17.86M▼ -4.0% vs 2024lowest in 5 years
Equity€32.02M-€32.88M▲ 2.7%€46.12M▲ 40.2%€46.74M▲ 1.4%€46.81M▲ 0.1%
2021: €32.02Mlowest in 5 years
2022: €32.88M▲ +2.7% vs 2021
2023: €46.12M▲ +40.2% vs 2022
2024: €46.74M▲ +1.4% vs 2023
2025: €46.81M▲ +0.1% vs 2024highest in 5 years
Operating result€820k-€1.25M▲ 52.9%€1.13M▼ 10.1%€854k▼ 24.3%€136k▼ 84.0%
2021: €820k
2022: €1.25M▲ +52.9% vs 2021highest in 5 years
2023: €1.13M▼ -10.1% vs 2022
2024: €854k▼ -24.3% vs 2023
2025: €136k▼ -84.0% vs 2024lowest in 5 years
Net result€557k-€860k▲ 54.5%€727k▼ 15.4%€628k▼ 13.7%€68k▼ 89.2%
2021: €557k
2022: €860k▲ +54.5% vs 2021highest in 5 years
2023: €727k▼ -15.4% vs 2022
2024: €628k▼ -13.7% vs 2023
2025: €68k▼ -89.2% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49.87M
Fixed assets
€49.34M ▼ 1.7%
Current assets
€532k ▼ 14.0%
Equity and liabilities €49.87M
Equity
€46.81M ▲ 0.1%
Debt
€3.06M ▼ 25.0%
Debt's share of the balance-sheet total falls from 8.0% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.88M▼
2024 · €2.35M
Cash flow
€1.81M▼
2024 · €2.12M
Current ratio
0.17▲
2024 · 0.15
Debt to equity
0.07▼
2024 · 0.09
ROE
0.1%▼
2024 · 1.3%
ROA
0.1%▼
2024 · 1.2%
Interest coverage
1063040.94▲
2024 · 13161.69
Debt ≤ 1 year
€3.06M▼
2024 · €4.08M
Income taxes
€72k▼
2024 · €234k
Staff costs
€5.25M▼
2024 · €5.78M
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 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50.83M€49.87M▼
Fixed assets21/28€50.21M€49.34M▼
Tangible fixed assets22/27€8.51M€7.63M▼
Furniture and vehicles24€8.51M€7.63M▼
Financial fixed assets28€41.70M€41.71M=
Affiliated companies280/1€41.62M€41.62M=
Participating interests280€41.62M€41.62M=
Other financial fixed assets284/8€78k€86k▲
Amounts receivable and cash guarantees285/8€78k€86k▲
Current assets29/58€618k€532k▼
Amounts receivable within one year40/41€618k€517k▼
Trade receivables40€103k€142k▲
Other amounts receivable41€515k€375k▼
Cash at bank and in hand54/58€185€69▼
Deferred charges and accrued income490/1-€14k
Equity and liabilities
Total equity and liabilities10/49€50.83M€49.87M▼
Equity10/15€46.74M€46.81M▲
Contributions10/11€21.17M€21.17M=
Capital10€21.17M€21.17M=
Issued capital100€21.17M€21.17M=
Reserves13€1.49M€1.49M▲
Non-distributable reserves130/1€1.45M€1.46M▲
Legal reserve130€1.07M€1.07M▲
Other1319€389k€389k=
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€24.09M€24.15M▲
Amounts payable17/49€4.08M€3.06M▼
Amounts payable within one year42/48€4.08M€3.06M▼
Trade debts44€3.26M€2.25M▼
Suppliers440/4€3.26M€2.25M▼
Taxes, remuneration and social security45€819k€803k▼
Taxes450/3€170k€214k▲
Remuneration and social security454/9€649k€589k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Operating income70/76A€19.11M€18.40M▼
Turnover70€18.60M€17.86M▼
Other operating income74€453k€467k▲
Non-recurring operating income76A€56k€77k▲
Operating charges60/66A€18.26M€18.27M=
Services and other goods61€10.36M€10.68M▲
Remuneration, social security and pensions62€5.78M€5.25M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.50M€1.75M▲
Other operating charges640/8€619k€591k▼
Operating profit (loss)9901€854k€136k▼
Financial income75/76B€9k€6k▼
Recurring financial income75€9k€6k▼
Income from current assets751€9k€6k▼
Other financial income752/9€0-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Debt charges650€179€2▼
Other financial charges652/9€1k€2k▲
Profit (loss) for the period before taxes9903€861k€140k▼
Income taxes67/77€234k€72k▼
Taxes670/3€243k€72k▼
Tax adjustments and reversals of tax provisions77€9k-
Profit (loss) for the period9904€628k€68k▼
Profit (loss) for the period to be appropriated9905€628k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24.19M€24.16M▼
Profit (loss) brought forward from the previous period14P€23.56M€24.09M▲
Transfer to equity691/2€100k€5k▼
To the legal reserve6920€100k€5k▼
Social balance
Average headcount (FTE)908790.579.0▼
The notes to these accounts (42 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €18.67M | €19.14M | €18.99M | €19.11M | €18.40M | ▼ 3.7% |
| Turnover70 | €18.15M | €18.71M | €18.54M | €18.60M | €17.86M | ▼ 4.0% |
| Other operating income74 | €516k | €435k | €443k | €453k | €467k | ▲ 3.2% |
| Non-recurring operating income76A | - | - | €10k | €56k | €77k | ▲ 37.6% |
| Operating charges60/66A | €17.85M | €17.89M | €17.87M | €18.26M | €18.27M | = |
| Services and other goods61 | €11.15M | €10.48M | €10.15M | €10.36M | €10.68M | ▲ 3.1% |
| Remuneration, social security and pensions62 | €5.26M | €5.74M | €5.90M | €5.78M | €5.25M | ▼ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.05M | €1.36M | €1.31M | €1.50M | €1.75M | ▲ 16.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-21k | €-151k | €-18k | - | - | - |
| Other operating charges640/8 | €399k | €462k | €531k | €619k | €591k | ▼ 4.4% |
| Non-recurring operating charges66A | €9k | €3k | - | - | - | - |
| Operating profit (loss)9901 | €820k | €1.25M | €1.13M | €854k | €136k | ▼ 84.0% |
| Financial income75/76B | - | €114 | €4k | €9k | €6k | ▼ 38.2% |
| Recurring financial income75 | - | €114 | €4k | €9k | €6k | ▼ 38.2% |
| Income from current assets751 | - | - | €4k | €9k | €6k | ▼ 38.2% |
| Other financial income752/9 | - | €114 | €1 | €0 | - | - |
| Financial charges65/66B | €57k | €55k | €129k | €1k | €2k | ▲ 7.9% |
| Recurring financial charges65 | €57k | €55k | €129k | €1k | €2k | ▲ 7.9% |
| Debt charges650 | €53k | €53k | €127k | €179 | €2 | ▼ 99.0% |
| Other financial charges652/9 | €4k | €2k | €2k | €1k | €2k | ▲ 22.4% |
| Profit (loss) for the period before taxes9903 | €763k | €1.20M | €1.00M | €861k | €140k | ▼ 83.7% |
| Income taxes67/77 | €207k | €340k | €276k | €234k | €72k | ▼ 69.1% |
| Taxes670/3 | €207k | €340k | €280k | €243k | €72k | ▼ 70.3% |
| Tax adjustments and reversals of tax provisions77 | - | - | €4k | €9k | - | - |
| Profit (loss) for the period9904 | €557k | €860k | €727k | €628k | €68k | ▼ 89.2% |
| Profit (loss) for the period to be appropriated9905 | €557k | €860k | €727k | €628k | €68k | ▼ 89.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €49.00M | €41.51M | €49.52M | €50.83M | €49.87M | ▼ 1.9% |
| Fixed assets21/28 | €41.52M | €41.37M | €49.03M | €50.21M | €49.34M | ▼ 1.7% |
| Tangible fixed assets22/27 | €7.31M | €7.17M | €7.34M | €8.51M | €7.63M | ▼ 10.3% |
| Furniture and vehicles24 | €5.81M | €7.17M | €5.84M | €8.51M | €7.63M | ▼ 10.3% |
| Assets under construction and advance payments27 | €1.50M | - | €1.50M | - | - | - |
| Financial fixed assets28 | €34.22M | €34.20M | €41.70M | €41.70M | €41.71M | = |
| Affiliated companies280/1 | €34.12M | €34.12M | €41.62M | €41.62M | €41.62M | = |
| Participating interests280 | €34.12M | €34.12M | €41.62M | €41.62M | €41.62M | = |
| Other financial fixed assets284/8 | €96k | €74k | €75k | €78k | €86k | ▲ 10.7% |
| Amounts receivable and cash guarantees285/8 | €96k | €74k | €75k | €78k | €86k | ▲ 10.7% |
| Current assets29/58 | €7.48M | €136k | €487k | €618k | €532k | ▼ 14.0% |
| Amounts receivable within one year40/41 | €7.43M | €96k | €484k | €618k | €517k | ▼ 16.3% |
| Trade receivables40 | €7.32M | €94k | €89k | €103k | €142k | ▲ 38.6% |
| Other amounts receivable41 | €118k | €2k | €395k | €515k | €375k | ▼ 27.3% |
| Cash at bank and in hand54/58 | €43k | €37k | €11 | €185 | €69 | ▼ 62.8% |
| Deferred charges and accrued income490/1 | €2k | €3k | €2k | - | €14k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €49.00M | €41.51M | €49.52M | €50.83M | €49.87M | ▼ 1.9% |
| Equity10/15 | €32.02M | €32.88M | €46.12M | €46.74M | €46.81M | ▲ 0.1% |
| Contributions10/11 | €8.66M | €8.66M | €21.17M | €21.17M | €21.17M | = |
| Capital10 | €8.66M | €8.66M | €21.17M | €21.17M | €21.17M | = |
| Issued capital100 | €8.66M | €8.66M | €21.17M | €21.17M | €21.17M | = |
| Reserves13 | €1.29M | €1.29M | €1.39M | €1.49M | €1.49M | ▲ 0.3% |
| Non-distributable reserves130/1 | €1.25M | €1.25M | €1.35M | €1.45M | €1.46M | ▲ 0.3% |
| Legal reserve130 | €866k | €866k | €966k | €1.07M | €1.07M | ▲ 0.5% |
| Other1319 | €389k | €389k | €389k | €389k | €389k | = |
| Distributable reserves133 | €32k | €32k | €32k | €32k | €32k | = |
| Profit (loss) carried forward14 | €22.07M | €22.93M | €23.56M | €24.09M | €24.15M | ▲ 0.3% |
| Provisions and deferred taxes16 | €168k | €18k | - | - | - | - |
| Provisions for liabilities and charges160/5 | €168k | €18k | - | - | - | - |
| Pensions and similar obligations160 | €2k | - | - | - | - | - |
| Other liabilities and charges164/5 | €166k | €18k | - | - | - | - |
| Amounts payable17/49 | €16.81M | €8.61M | €3.41M | €4.08M | €3.06M | ▼ 25.0% |
| Amounts payable within one year42/48 | €16.79M | €8.59M | €3.40M | €4.08M | €3.06M | ▼ 25.0% |
| Current portion of amounts payable after more than one year42 | €5.00M | - | - | - | - | - |
| Financial debts43 | - | €5.00M | - | - | - | - |
| Other loans439 | - | €5.00M | - | - | - | - |
| Trade debts44 | €11.01M | €2.75M | €2.48M | €3.26M | €2.25M | ▼ 30.8% |
| Suppliers440/4 | €11.01M | €2.75M | €2.48M | €3.26M | €2.25M | ▼ 30.8% |
| Taxes, remuneration and social security45 | €776k | €848k | €920k | €819k | €803k | ▼ 2.0% |
| Taxes450/3 | €61k | €156k | €178k | €170k | €214k | ▲ 25.8% |
| Remuneration and social security454/9 | €715k | €692k | €742k | €649k | €589k | ▼ 9.2% |
| Other amounts payable47/48 | €146 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €25k | €14k | €3k | €5k | €4k | ▼ 11.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €557k | €860k | €727k | €628k | €68k | ▼ 89.2% |
| + Depreciation and write-downs630 | €1.05M | €1.36M | €1.31M | €1.50M | €1.75M | ▲ 16.6% |
| Operating cash flow (approximation) | €1.61M | €2.22M | €2.03M | €2.12M | €1.81M | ▼ 14.6% |
| Investment in fixed assets (approximation) | - | €-1.20M | €-8.97M | €-2.67M | €-878k | ▲ 67.1% |
| Change in cash | - | €-7k | €-37k | €174 | €-116 | ▼ 167% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €68k ▼89.2%
Net result drops to €68k, the lowest in the series.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
22 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, Temse · 1 establishment unit since 2006
Ground area
5.6 ha
Building footprint
2.4 ha
Parcel 46025B0552/00C000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Sutrans
since 20062.155.329.409
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0552/00C000 | Flanders | 5.6 ha | 1 · 2.4 ha | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 subsidiarySutransBE 0446.049.451
controls
Where this company holds controlsubsidiary per the LEI register1
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 809 EUR awarded · 809 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 809 EUR | 809 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTemse2.155.329.409
Legal Entity Identifier
529900YY1B3TVYT12T82
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Identification & contact
Identification
Legal formPublic limited company
Founded20-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.