Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SNELTRANSPORT EDCO from Gistel, company number BE0886077578, closed financial year 2023 with a result of € -49,510 after tax. For that financial year SNELTRANSPORT EDCO recorded a gross margin of € 68,731 and equity of € -170,351. Compared with financial year 2022, the result moved from € 50,836 to € -49,510. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2024.
€ -170,351
▼ € 49,510 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,510
▼ still € 50,836 profit in 2022
Profit after tax over the fiscal year.
€ 2,714
▲ 134% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -188,901.
People and assets in 2023
€ 98,959
▼ 8% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,621
▲ 35% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 45,447
▲ 39% vs 2022
Loans from banks and other lenders, long and short.
€ 98,559
▲ 80% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 100,349
▲ 7% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 158,498 | € 195,364 | € 68,731 | ▼ 65% |
| Profit after taxes | € 32,009 | € 50,836 | € -49,510 | ▼ € 100,347 |
| Equity | € -171,677 | € -120,841 | € -170,351 | ▼ € 49,510 |
| Total debts | € 340,526 | € 249,527 | € 313,921 | ▲ 26% |
| Cash | € 1,423 | € 1,160 | € 2,714 | ▲ 134% |
| Retained profit | € -190,227 | € -139,391 | € -188,901 | ▼ € 49,510 |
| Bank debt | € 45,947 | € 32,715 | € 45,447 | ▲ 39% |
| Balance sheet total | € 168,849 | € 128,686 | € 143,569 | ▲ 12% |
Key figures of SNELTRANSPORT EDCO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SNELTRANSPORT EDCO?
What happened at SNELTRANSPORT EDCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SNELTRANSPORT EDCO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 49,510 (▼ € 100,347 vs 2022). filed late Source: NBB ↗
- New establishment in Gistel. KBO
- Eddy Achille Maertens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,009 profit in 2021 to € 49,510 loss in 2023.
Best year ever: 2022, with € 50,836 profit.
A new publication or filing at SNELTRANSPORT EDCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SNELTRANSPORT EDCO are Eddy Achille Maertens and Eddy Maertens.
Directors
According to the 2023 annual accounts
Eddy Achille Maertens
Director
since 2006
Eddy Maertens
Director
Establishments
Establishment units
Physical locations of this company
Rochesterlaan 4 box A
8470 Gistel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0886.077.578
- VAT number
- BE 0886.077.578
- Registered office
- Rochesterlaan 4 bus A, 8470 Gistel
- Names & denominations
- SNELTRANSPORT EDCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 23 December 2006
- Peppol
- Not registered
- Contact
- sneltransportedco.be
- Activities · NACE
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