BE - TRANS
ActiveSummary
BE - TRANS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3.4m) and a net result of -€2.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 870 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▲+2
Solvency0▼-10
Growth37=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.96 in 2024; short-term debt: 135.2% and cash: 1.7% of total assets), and equity is negative.
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Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six 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 · 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
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 2025Solvency, return and age of the figures
Solvency
-39.2%
Return on assets
-23%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3.4m
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
20 d late
2023
on the day
2022
12 d early
2021
51 d late
2020
39 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#2 company by total assets in Geel, Transport and storage sector#8 oldest company in Geel, Transport and storage sector
Turnover
€43.7m▲ 0.2%
2024 · €43.6m
EBIT margin
-4.2%▲ 2.5pp
2024 · -6.7%
Net result
-€2.0m▲ 34.5%
2024 · -€3.1m
Working capital
-€5.0m▼ 1,336%
2024 · -€351,232
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€51.9m▲ 3.6%€62.1m▲ 19.6%€49.3m▼ 20.6%€43.6m▼ 11.5%€43.7m▲ 0.2%
Operating result€817,116▼ 11.7%€2.5m▲ 202%-€1.7m-€2.9m▼ 70.8%-€1.8m▲ 37.7%
Net result€403,845▼ 23.3%€1.7m▲ 323%-€1.9m-€3.1m▼ 58.4%-€2.0m▲ 34.5%
EBIT margin1.6%▼ 0.3pp4.0%▲ 2.4pp-3.5%▼ 7.4pp-6.7%▼ 3.2pp-4.2%▲ 2.5pp
Equity€1.9m▲ 27.0%€3.6m▲ 90.1%€1.7m▼ 53.9%-€1.4m-€3.4m▼ 142%
Total assets€12.9m▲ 13.6%€13.2m▲ 2.6%€9.8m▼ 26.1%€9.2m▼ 5.4%€8.8m▼ 4.8%
Debt€11.0m▲ 11.7%€9.6m▼ 12.6%€8.1m▼ 15.6%€10.6m▲ 31.6%€12.2m▲ 14.9%
Working capital€718,042▲ 47.1%€2.5m▲ 249%€226,284▼ 91.0%-€351,232-€5.0m▼ 1,336%
Staff (FTE)77▲ 3.5%72.5▼ 5.8%70.7▼ 2.5%64▼ 9.5%58.2▼ 9.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.8m in 2025 against €2.9m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.8m
Fixed assets
€2.0m ▲ 21.4%
Current assets
€6.8m ▼ 10.3%
Key figures and ratios
EBITDA
-€1.4m▲
2024 · -€2.5m
Cash flow
-€1.6m▲
2024 · -€2.6m
Solvency
-39.2%▼
2024 · -15.4%
Current ratio
0.58▼
2024 · 0.96
Quick ratio
0.57▼
2024 · 0.85
Debt to equity
-3.55▲
2024 · -7.49
ROA
-23.0%▲
2024 · -33.4%
Interest coverage
-6.83▲
2024 · -15.41
Debt ≤ 1 year
€11.9m▲
2024 · €8.0m
Debt > 1 year
€330,061▼
2024 · €417,905
Income taxes
€4,536▼
2024 · €5,462
Staff costs
€4.4m▼
2024 · €4.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 107 companies that looked in July 2024 the way this one looks now, 5.6% went bankrupt within 24 months and 79% are still going.
- Medium-sized
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
5.6%
went bankrupt
11%
stopped otherwise
79%
still going
A further 3.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 107 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €52.3m | €62.4m | €49.6m | €44.0m | €44.9m | ▲ 2.1% |
| Turnover70 | €51.9m | €62.1m | €49.3m | €43.6m | €43.7m | ▲ 0.2% |
| Other operating income74 | €403,844 | €364,676 | €307,948 | €386,904 | €472,265 | ▲ 22.1% |
| Non-recurring operating income76A | - | - | - | €12,065 | €786,062 | ▲ 6,415% |
| Operating charges60/66A | €51.5m | €60.0m | €51.3m | €46.9m | €46.7m | ▼ 0.3% |
| Goods for resale, raw materials and consumables60 | €36.5m | €43.5m | €34.8m | €32.3m | €36.2m | ▲ 11.8% |
| Purchases600/8 | €36.8m | €43.7m | €34.9m | €32.4m | €36.0m | ▲ 11.1% |
| Change in stocks: decrease (increase)609 | -€223,759 | -€199,098 | -€89,414 | -€69,345 | €167,884 | ▲ 342% |
| Services and other goods61 | €9.5m | €10.8m | €10.6m | €8.9m | €5.2m | ▼ 41.7% |
| Remuneration, social security and pensions62 | €4.5m | €4.8m | €5.0m | €4.7m | €4.4m | ▼ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €381,712 | €372,587 | €415,209 | €439,466 | €413,668 | ▼ 5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €22,087 | €300 | €236,324 | €166,308 | ▼ 29.6% |
| Other operating charges640/8 | €475,407 | €441,393 | €437,952 | €254,809 | €414,849 | ▲ 62.8% |
| Non-recurring operating charges66A | - | - | - | - | €2,533 | - |
| Operating profit (loss)9901 | €817,116 | €2.5m | -€1.7m | -€2.9m | -€1.8m | ▲ 37.7% |
| Financial income75/76B | €5,213 | €45,846 | €27,581 | €26,029 | €24,465 | ▼ 6.0% |
| Recurring financial income75 | €5,213 | €45,846 | €27,581 | €26,029 | €24,465 | ▼ 6.0% |
| Income from current assets751 | €1,333 | €831 | €8,159 | €306 | €24 | ▼ 92.0% |
| Other financial income752/9 | €3,880 | €45,014 | €19,422 | €25,723 | €24,441 | ▼ 5.0% |
| Financial charges65/66B | €185,476 | €184,933 | €265,900 | €187,433 | €229,983 | ▲ 22.7% |
| Recurring financial charges65 | €185,476 | €184,933 | €265,900 | €187,263 | €229,983 | ▲ 22.8% |
| Debt charges650 | €173,542 | €156,528 | €256,489 | €160,713 | €205,291 | ▲ 27.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €0 | - | - |
| Other financial charges652/9 | €11,934 | €28,405 | €9,411 | €26,550 | €24,691 | ▼ 7.0% |
| Non-recurring financial charges66B | - | - | - | €170 | - | - |
| Profit (loss) for the period before taxes9903 | €636,853 | €2.3m | -€1.9m | -€3.1m | -€2.0m | ▲ 34.3% |
| Transfer from deferred taxes780 | €4,203 | €4,203 | €4,203 | - | €8,373 | - |
| Income taxes67/77 | €237,211 | €619,079 | €4,989 | €5,462 | €4,536 | ▼ 17.0% |
| Taxes670/3 | €237,211 | €651,342 | €90,000 | €5,462 | €4,536 | ▼ 17.0% |
| Tax adjustments and reversals of tax provisions77 | - | €32,263 | €85,011 | - | - | - |
| Profit (loss) for the period9904 | €403,845 | €1.7m | -€1.9m | -€3.1m | -€2.0m | ▲ 34.5% |
| Transfer from tax-exempt reserves789 | €8,163 | €8,163 | €8,163 | - | €142,578 | - |
| Transfer to tax-exempt reserves689 | €126,300 | €757,800 | €126,300 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €285,707 | €960,610 | -€2.1m | -€3.1m | -€1.9m | ▲ 39.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.9m | €13.2m | €9.8m | €9.2m | €8.8m | ▼ 4.8% |
| Fixed assets21/28 | €2.0m | €1.8m | €2.0m | €1.6m | €2.0m | ▲ 21.4% |
| Intangible fixed assets21 | €8,953 | €14,888 | €190,579 | €147,105 | €108,847 | ▼ 26.0% |
| Tangible fixed assets22/27 | €2.0m | €1.7m | €1.8m | €1.5m | €1.1m | ▼ 27.4% |
| Land and buildings22 | €564,349 | €471,376 | €364,040 | €269,664 | €183,278 | ▼ 32.0% |
| Plant, machinery and equipment23 | €139,040 | €147,467 | €160,106 | €139,863 | €83,584 | ▼ 40.2% |
| Furniture and vehicles24 | €247,177 | €273,618 | €525,268 | €441,202 | €288,240 | ▼ 34.7% |
| Leasing and similar rights25 | €133,315 | €65,705 | €19,718 | €3,335 | - | - |
| Other tangible fixed assets26 | €885,892 | €787,734 | €702,790 | €605,242 | €504,795 | ▼ 16.6% |
| Financial fixed assets28 | €10,893 | €0 | - | - | €782,152 | - |
| Affiliated companies280/1 | - | - | - | - | €780,812 | - |
| Amounts receivable281 | - | - | - | - | €780,812 | - |
| Other financial fixed assets284/8 | €10,893 | €0 | - | - | €1,340 | - |
| Amounts receivable and cash guarantees285/8 | €10,893 | €0 | - | - | €1,340 | - |
| Current assets29/58 | €10.9m | €11.4m | €7.8m | €7.6m | €6.8m | ▼ 10.3% |
| Amounts receivable after more than one year29 | €67,857 | €39,007 | €9,810 | - | - | - |
| Other amounts receivable291 | €67,857 | €39,007 | €9,810 | - | - | - |
| Stocks and contracts in progress3 | €460,013 | €659,111 | €748,525 | €817,870 | €26,241 | ▼ 96.8% |
| Stocks30/36 | €460,013 | €659,111 | €748,525 | €817,870 | €26,241 | ▼ 96.8% |
| Raw materials and consumables30/31 | €460,013 | €659,111 | €748,525 | €584,926 | - | - |
| Goods purchased for resale34 | - | - | - | €232,944 | €26,241 | ▼ 88.7% |
| Amounts receivable within one year40/41 | €8.8m | €8.2m | €6.6m | €6.5m | €6.6m | ▲ 1.1% |
| Trade receivables40 | €7.8m | €7.7m | €6.2m | €6.1m | €6.3m | ▲ 3.3% |
| Other amounts receivable41 | €933,593 | €481,905 | €379,955 | €359,426 | €228,241 | ▼ 36.5% |
| Current investments50/53 | €346 | - | - | - | - | - |
| Other investments51/53 | €346 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1.6m | €2.5m | €306,090 | €163,889 | €152,378 | ▼ 7.0% |
| Deferred charges and accrued income490/1 | €37,206 | €85,055 | €147,053 | €147,294 | €93,757 | ▼ 36.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.9m | €13.2m | €9.8m | €9.2m | €8.8m | ▼ 4.8% |
| Equity10/15 | €1.9m | €3.6m | €1.7m | -€1.4m | -€3.4m | ▼ 142% |
| Contributions10/11 | €103,207 | €103,207 | €103,207 | €103,207 | €103,207 | = |
| Reserves13 | €1.8m | €3.5m | €1.6m | €1.6m | €1.5m | ▼ 1.0% |
| Non-distributable reserves130/1 | €10,321 | €10,321 | €0 | - | - | - |
| Reserves not available under the articles1311 | €10,321 | €10,321 | €0 | - | - | - |
| Tax-exempt reserves132 | €158,903 | €908,541 | €1.0m | €1.0m | €884,100 | ▼ 13.9% |
| Distributable reserves133 | €1.6m | €2.6m | €532,621 | €532,621 | €658,921 | ▲ 23.7% |
| Profit (loss) carried forward14 | - | - | - | -€3.1m | -€5.1m | ▼ 64.9% |
| Provisions and deferred taxes16 | €16,779 | €12,576 | €8,373 | €8,373 | - | - |
| Deferred taxes168 | €16,779 | €12,576 | €8,373 | €8,373 | - | - |
| Amounts payable17/49 | €11.0m | €9.6m | €8.1m | €10.6m | €12.2m | ▲ 14.9% |
| Amounts payable after more than one year17 | €792,495 | €643,731 | €517,905 | €417,905 | €330,061 | ▼ 21.0% |
| Financial debts170/4 | €789,048 | €640,284 | €514,459 | €414,458 | €330,061 | ▼ 20.4% |
| Leasing and similar obligations172 | €81,932 | €35,755 | €5,920 | - | - | - |
| Credit institutions173 | €707,116 | €604,529 | €508,538 | €414,458 | €330,061 | ▼ 20.4% |
| Other loans174 | - | - | - | €0 | - | - |
| Other amounts payable178/9 | €3,446 | €3,446 | €3,446 | €3,446 | - | - |
| Amounts payable within one year42/48 | €10.2m | €8.9m | €7.6m | €8.0m | €11.9m | ▲ 49.0% |
| Current portion of amounts payable after more than one year42 | €277,035 | €148,061 | €125,562 | €100,001 | €72,563 | ▼ 27.4% |
| Financial debts43 | €5.1m | €4.4m | €0 | €3.7m | €7.2m | ▲ 92.8% |
| Credit institutions430/8 | €5.1m | €4.4m | €0 | - | €7.2m | - |
| Other loans439 | - | - | - | €3.7m | - | - |
| Trade debts44 | €4.0m | €3.5m | €2.9m | €3.3m | €3.9m | ▲ 18.2% |
| Suppliers440/4 | €4.0m | €3.5m | €2.9m | €3.3m | €3.9m | ▲ 18.2% |
| Taxes, remuneration and social security45 | €794,572 | €884,581 | €792,354 | €815,034 | €614,801 | ▼ 24.6% |
| Taxes450/3 | €177,604 | €170,047 | €109,760 | €116,250 | €99,657 | ▼ 14.3% |
| Remuneration and social security454/9 | €616,968 | €714,534 | €682,595 | €698,785 | €515,145 | ▼ 26.3% |
| Other amounts payable47/48 | - | - | €3.7m | €12,579 | €82,027 | ▲ 552% |
| Accrued charges and deferred income492/3 | - | - | - | €2.2m | €16,663 | ▼ 99.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €403,845 | €1.7m | -€1.9m | -€3.1m | -€2.0m | ▲ 34.5% |
| + Depreciation and write-downs630 | €381,712 | €372,587 | €415,209 | €439,466 | €413,668 | ▼ 5.9% |
| Operating cash flow (approximation) | €785,557 | €2.1m | -€1.5m | -€2.6m | -€1.6m | ▲ 39.3% |
| Investment in fixed assets (approximation) | - | -€143,758 | -€616,921 | -€83,375 | -€758,153 | ▼ 809% |
| Change in cash | - | €903,012 | -€2.1m | -€142,201 | -€11,511 | ▲ 91.9% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial
Weakest financial yearnet -€3.1m
Net result drops to -€3.1m, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.7m ▲323%
Operating result €2.5m, net result €1.7m, both a record.
31-12
Financial
Equity above €2mEq €3.6m ▲90.1%
5 profitable years in a row build equity to €3.6m.
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 51 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1mEq €1.5m ▲54.4%
3 profitable years in a row build equity to €1.5m.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 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
16 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, Geel · 2 establishment units since 1999
Ground area
3.5 ha
Building footprint
8,251 m²
Volume, LiDAR
69,206 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
BE-TRANS BVBA
since 19992.046.374.158
Be-Trans
since 20172.262.076.325
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375M0234/00Y000 | Flanders | 2.9 ha | 1 · 7,396 m² | 11.8 m · 3 fl. |
| 13375M0227/00K000 | Flanders | 6,016 m² | 1 · 855 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2022 to 2025 · 7 entries · 49,003 EUR awarded · 49,003 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,665 EUR | 7,665 EUR |
| 2024 | 2 | 14,213 EUR | 14,213 EUR |
| 2023 | 1 | 9,338 EUR | 9,338 EUR |
| 2022 | 2 | 17,787 EUR | 17,787 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeel2.262.076.325
Legal Entity Identifier
875500IOCEB13DY75F79
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 3,321 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439219463
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.