BERHAN TRANS
ActiveThe computed 12-month bankruptcy probability of BERHAN TRANS is 2.5% (moderate). The 2025 annual accounts show equity of €127k and a net result of €-91k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 939 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability3▼-3
Solvency99=
Growth35▼-6
Stability100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 2.14 in 2024), and 36.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 49
higher
← 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
63.7%
Return on assets
-45.6%
Age of the figures
17 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€91k
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-04-2026, 174 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 · 10 filingsDeviation from the deadline
2025
174 d late
2024
18 d late
2023
15 d late
2022
57 d late
2021
317 d late
2020
45 d late
2019
13 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€676k▼ 46.8%
2024 · €1.27M
2019: €1.63M
2020: €1.98M
2021: €2.12M
2022: €2.16M
2023: €1.68M
2024: €1.27M
2019 → 2025
EBIT margin
0.1%=
2024 · 0.1%
2019: 1.6%
2020: 1.7%
2021: 6.2%
2022: 3.0%
2023: 1.9%
2024: 0.1%
2019 → 2025
Net result
€-91k▼ 214%
2024 · €-29k
2019: €8k
2020: €7k
2021: €100k
2022: €47k
2023: €36k
2024: €-29k
2019 → 2025
Working capital
€60k▼ 57.1%
2024 · €139k
2019: €-102k
2020: €-71k
2021: €38k
2022: €114k
2023: €175k
2024: €139k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.12M-€2.16M▲ 1.7%€1.68M▼ 22.4%€1.27M▼ 24.2%€676k▼ 46.8%
Equity€163k-€211k▲ 29.1%€246k▲ 16.9%€217k▼ 11.7%€127k▼ 41.7%
Operating result€132k-€65k▼ 50.3%€32k▼ 50.6%€1k▼ 96.8%€822▼ 20.8%
Net result€100k-€47k▼ 52.4%€36k▼ 25.1%€-29k€-91k▼ 214%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 21% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€86k▼ 11.8%
Current assets
€113k▼ 56.7%
Equity and liabilities €199k
Equity
€127k▼ 41.7%
Debt
€72k▼ 48.7%
The debt ratio falls from 39.3% to 36.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€13k▲
2024 · €13k
Cash flow
€-78k▼
2024 · €-17k
Solvency
63.7%▲
2024 · 60.7%
Current ratio
2.12▼
2024 · 2.14
Quick ratio
2.03▼
2024 · 2.05
Debt / equity
0.57▼
2024 · 0.65
ROE
-71.6%▼
2024 · -13.3%
ROA
-45.6%▼
2024 · -8.1%
Interest coverage
15.88▲
2024 · 13.96
Debt
€72k▼
2024 · €141k
Debt ≤ 1 year
€53k▼
2024 · €122k
Debt > 1 year
€19k=
2024 · €19k
Staff costs
€199k▼
2024 · €271k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€358k€199k▼
Fixed assets21/28€98k€86k▼
Tangible fixed assets22/27€27k€15k▼
Furniture and vehicles24€27k€15k▼
Financial fixed assets28€71k€71k=
Current assets29/58€260k€113k▼
Stocks and contracts in progress3€11k€5k▼
Stocks30/36€11k€5k▼
Amounts receivable within one year40/41€212k€94k▼
Trade receivables40€136k€29k▼
Other amounts receivable41€76k€64k▼
Cash at bank and in hand54/58€37k€14k▼
Equity and liabilities
Total equity and liabilities10/49€358k€199k▼
Equity10/15€217k€127k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€197k€106k▼
Amounts payable17/49€141k€72k▼
Amounts payable after more than one year17€19k€19k=
Other amounts payable178/9€19k€19k=
Amounts payable within one year42/48€122k€53k▼
Trade debts44€26k€3k▼
Suppliers440/4€26k€3k▼
Taxes, remuneration and social security45€83k€50k▼
Taxes450/3€40k€447▼
Remuneration and social security454/9€43k€50k▲
Other amounts payable47/48€12k-
Income statement
Code20242025
Turnover70€1.27M€676k▼
Goods, raw materials, services and sundry goods60/61€942k€441k▼
Remuneration, social security and pensions62€271k€199k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€46k€22k▼
Gross operating margin9900€330k€235k▼
Operating profit (loss)9901€1k€822▼
Financial income75/76B€169€0▼
Recurring financial income75€91€0▼
Non-recurring financial income76B€78-
Financial charges65/66B€8k€92k▲
Recurring financial charges65€913€847▼
Non-recurring financial charges66B€8k€91k▲
Profit (loss) for the period before taxes9903€-7k€-91k▼
Income taxes67/77€22k-
Profit (loss) for the period9904€-29k€-91k▼
Profit (loss) for the period to be appropriated9905€-29k€-91k▼
Appropriation of the result
Profit (loss) to be appropriated9906€197k€106k▼
Profit (loss) brought forward from the previous period14P€226k€197k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 174 days late
2025
31-03
Financial
Weakest financial yearnet €-91k
Net result drops to €-91k, the lowest in the series.
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 317 days late
31-03
Financial
Equity above €200kEq €211k ▲29.1%
4 profitable years in a row build equity to €211k.
2021
31-03
Financial
Highest result since 2019net €100k ▲1359%
Operating result €132k, net result €100k, both a record.
31-03
Financial
Equity above €150kEq €163k ▲157%
3 profitable years in a row build equity to €163k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 45 days late
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2016
10-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2023
Erkan Cetin
CurrentDirector · since 27-10-2021
30-05-2023
Erkan Cetin: Appointed as Director
30-05-2023
Tarcan Canan: Resigned as Associée
30-12-2022
Tarcan Canan: Appointed as Associée active
27-10-2021
Erkan Cetin: Appointed as Director
27-10-2021
Tarcan Canan: Resigned as Director
10-03-2021
Erkan Cetin: Resigned as Director
10-03-2021
Tarcan Canan: Appointed as Director
21-06-2018
Erkan Cetin: Appointed as Gérant
21-06-2018
TARCAN SEREF: Resigned as Gérant
26-02-2015
TARCAN SEREF: Appointed as Manager
06-10-2008
Erkan Cetin: Appointed as Manager
06-10-2008
GERALD MICHIELS: Resigned as Manager
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2007
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.
Louizalaan 2091050 BrusselGround area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
BERHAN TRANS
since 20072.162.398.333
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
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.
Similar companies · same sector, comparable size
Transport De Ruyck Rudi
BE 0893.850.149
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Kotayk
BE 1012.348.616
Mechelen · Eq €127k
LECLERCQ et Fils
BE 0439.540.157
Cerfontaine · Eq €127k
TRANSPORTS FRANK KNOCKAERT
BE 0874.793.906
Pecq · Eq €127k
SLMA
BE 0691.553.778
Brussel · Eq €127k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,086. 6,292 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2007
Fiscal year end31-03
Trade name FR
GARAGE BERHAN
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
63406
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.