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AY TRANS

Active
Private limited company (pre-2019)founded 20188 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0691.720.955
Summary

The computed 12-month bankruptcy probability of AY TRANS is 12.3% (high). The 2024 annual accounts show equity of €158,025 and a net result of €31,808. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 729 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
AY TRANSActiveChecked score 31/100
Risk analysis ReportCompare

Overview

Activity
Postal and courier activities
NACE 53100Freight transport by road NACE 49410
#2 company by total assets in Kraainem, Transport and storage sector1 site
Size
€2.6mturnover 2024
Staff
31.1 FTE
Equity
€158,025
Profit
€31,808
Financial health
31 Weak Checked score 2024
Bankruptcy chance 12 m
12.3%
Structure
Board
1 member
Accounts 64 d overdue1 of 3 deeds read
Why 31- Figures for FY 2024 (filed 17-12-2025)- 1 financial year not filed after the legal deadline; latest accounts 139 days late; 3 of the last 3 late- 1 change of registered office in 24 months- Sector Postal and courier activities (NACE 53)Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 41% of its sector peers (NACE 53, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 59+25
equity 33.5% of total assets
Liquidity 17+9
short-term debt 66.5% · cash 1.6%
Profitability 55-1
return on assets 6.8%
Bankruptcy probability, 12 months
12.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.7% (889 companies)
Last 24 months 11-2024: 4.4% 12-2024: 4.8%▲ +9.4% vs 11-2024 01-2025: 3.8%▼ -21.3% vs 12-2024 02-2025: 3.8%▲ +1.5% vs 01-2025 03-2025: 3.9%▲ +2.9% vs 02-2025 04-2025: 3.9%▼ -0.8% vs 03-2025 05-2025: 3.9%▲ +0.5% vs 04-2025 06-2025: 4.2%▲ +6.5% vs 05-2025 07-2025: 4.3%▲ +1.8% vs 06-2025 08-2025: 4.6%▲ +7.8% vs 07-2025 09-2025: 4.7%▲ +1.5% vs 08-2025 10-2025: 5.7%▲ +21.9% vs 09-2025 11-2025: 5.8%▲ +2.0% vs 10-2025 12-2025: 6.3%▲ +8.5% vs 11-2025 01-2026: 4.3%▼ -31.4% vs 12-2025 02-2026: 4.3%● 0.0% vs 01-2026 03-2026: 4.3%● 0.0% vs 02-2026 04-2026: 4.3%▲ +0.6% vs 03-2026 05-2026: 3.7%▼ -14.5% vs 04-2026 06-2026: 3.5%▼ -5.1% vs 05-2026lowest value 07-2026: 5.6%▲ +59.4% vs 06-2026 08-2026: 6.6%▲ +17.9% vs 07-2026 09-2026: 7.9%▲ +19.1% vs 08-2026 10-2026: 12.3%▲ +56.1% vs 09-2026highest value
  • Figures for FY 2024 (filed 17-12-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 139 days late; 3 of the last 3 late raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Sector Postal and courier activities (NACE 53) raises the probability
Credit up to €4,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.15 against 1.05 in 2023; short-term debt: 66.5% and cash: 1.6% of total assets), and 66.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 53, micro). Better than this share of them on solvency 49%, liquidity 20%, profitability 34%, growth against the median 61%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Figures for FY 2024 (filed 17-12-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 139 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Sector Postal and courier activities (NACE 53)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
139 d late
2023
146 d late
2022
57 d late
2021
51 d late
2020
19 d early
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 13 days after the deadline, and 56% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignation: Emre Karatasli (director)Appointment: Engin Hamitoglu (director) ·…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €31,808 ▲77.7%

Key points

  • Positive: Company by total assets in Kraainem, Transport and…in the Checked rankings #2 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Caution: Board changedlatest change 13-05-2026 · 1 in office 1 joined · 1 left View
  • Positive: 7 profitable years in a rowprofit 2024: €31,808 7 years View
  • Positive: Staff rose in 2024from 23.1 FTE to 31.1 FTE ▲ 34.6% View

By topic

Financials

Fiscal year
2024
Turnover
€2.6m
Profit
€31,808
Solvency
33.5%
Turnover▲ 21.5%
Net result
20212024
Go to Financials

Timeline

Events
13
Since
2019
  1. 11-06-2026Resignation: Emre Karatasli (director)
  2. 17-12-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Postal and courier activitiesNACE 53100
Founded
05-03-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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