AYAZ TRANS
ActiveThe computed 12-month bankruptcy probability of AYAZ TRANS is 2.0% (moderate). The 2024 annual accounts show negative equity (€-4k) and a net result of €48k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 6717 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency19▲+19
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.03 against 0.58 in 2023; short-term debt: 94.1% and cash: 60.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-5.7%
Return on assets
63.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 6717 sector peers (2024).
NBB · sector comparisonPosition among 6717 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
28 d early
2022
21 d early
2021
37 d early
2020
114 d late
2019
89 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-4k▲ 91.8%
2023 · €-52k
2018: €27k
2019: €33k
2020: €43k
2021: €48k
2022: €62k
2023: €-52k
2018 → 2024
Total assets
€75k▼ 14.7%
2023 · €88k
2018: €95k
2019: €82k
2020: €168k
2021: €134k
2022: €121k
2023: €88k
2018 → 2024
Net result
€48k
2023 · €-115k
2018: €8k
2019: €6k
2020: €10k
2021: €5k
2022: €14k
2023: €-115k
2018 → 2024
Working capital
€2k
2023 · €-52k
2018: €12k
2019: €19k
2020: €-18k
2021: €38k
2022: €58k
2023: €-52k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€43k-€48k▲ 12.6%€62k▲ 29.0%€-52k€-4k▲ 91.8%
Operating result€12k-€8k▼ 33.6%€14k▲ 74.8%€-26k€60k
Net result€10k-€5k▼ 45.7%€14k▲ 160%€-115k€48k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €60k after a loss of €26k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75k
Fixed assets
€2k▼ 86.6%
Current assets
€73k▲ 2.0%
Key figures and ratios
EBITDA
€62k▲
2023 · €-14k
Cash flow
€50k▲
2023 · €-103k
Solvency
-5.7%▲
2023 · -59.3%
Current ratio
1.03▲
2023 · 0.58
Quick ratio
1.03▲
2023 · 0.58
Debt / equity
-18.57▼
2023 · -2.69
ROA
63.8%▲
2023 · -130.5%
Interest coverage
72.25▲
2023 · -3.62
Debt
€80k▼
2023 · €141k
Debt ≤ 1 year
€71k▼
2023 · €124k
Debt > 1 year
€9k▼
2023 · €17k
Income taxes
€13k▼
2023 · €86k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€88k€75k▼
Formation expenses20€0-
Fixed assets21/28€17k€2k▼
Tangible fixed assets22/27€17k€2k▼
Plant, machinery and equipment23€12k€172▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€0-
Current assets29/58€72k€73k▲
Amounts receivable within one year40/41€29k€24k▼
Trade receivables40€10k€0▼
Other amounts receivable41€20k€24k▲
Cash at bank and in hand54/58€42k€46k▲
Deferred charges and accrued income490/1€20€3k▲
Equity and liabilities
Total equity and liabilities10/49€88k€75k▼
Equity10/15€-52k€-4k▲
Contributions10/11€19k€19k=
Reserves13€419€419=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€419€419=
Profit (loss) carried forward14€-71k€-23k▲
Amounts payable17/49€141k€80k▼
Amounts payable after more than one year17€17k€9k▼
Financial debts170/4€17k€9k▼
Amounts payable within one year42/48€124k€71k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Financial debts43-€15k
Credit institutions430/8-€179
Other loans439-€15k
Trade debts44€10k€476▼
Suppliers440/4€10k€476▼
Taxes, remuneration and social security45€105k€47k▼
Taxes450/3€105k€47k▼
Income statement
Code20232024
Non-recurring operating income76A-€33k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€2k▼
Other operating charges640/8€36k€2k▼
Non-recurring operating charges66A€9k€0▼
Gross operating margin9900€32k€65k▲
Operating profit (loss)9901€-26k€60k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€4k€864▼
Recurring financial charges65€4k€864▼
Profit (loss) for the period before taxes9903€-29k€61k▲
Income taxes67/77€86k€13k▼
Profit (loss) for the period9904€-115k€48k▲
Profit (loss) for the period to be appropriated9905€-115k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-23k▲
Profit (loss) brought forward from the previous period14P€44k€-71k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-115k ▼921%
Net result drops to €-115k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.95
Current ratio from 0.83 to 1.95; short-term debt falls from €107k to €41k.
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Genk · 1 establishment unit since 2017
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.
Sledderlo 493600 GenkGround area
703 m²
Building footprint
96 m²
Volume, LiDAR
65 m³
Parcel 71304D1121/00G000, Flanders · tallest building 7.4 m. Linked by address, not a title deed.
1 establishment unit
AYAZ TRANS
since 20172.269.343.308
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304D1121/00G000 | Flanders | 703 m² | 1 · 96 m² | 7.4 m |
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
2025 · 1 entry · 99 EUR awarded · 99 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 99 EUR | 99 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 6,135 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2017
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.