BILZAK TRANS
ActiveThe computed 12-month bankruptcy probability of BILZAK TRANS is 4.0% (elevated). The 2024 annual accounts show negative equity (€-29k) and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 6717 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
47
/ 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
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.55 in 2023; short-term debt: 146% and cash: 46.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
-51.8%
Return on assets
30.3%
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 8% of 6717 sector peers (2024).
NBB · sector comparisonPosition among 6717 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
68 d late
2022
94 d late
2021
360 d late
2020
292 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-29k▲ 36.9%
2023 · €-46k
2020: €20k
2021: €19k
2022: €9k
2023: €-46k
2020 → 2024
Total assets
€56k▲ 22.2%
2023 · €46k
2020: €73k
2021: €100k
2022: €88k
2023: €46k
2020 → 2024
Net result
€17k
2023 · €-55k
2020: €14k
2021: €-2k
2022: €-10k
2023: €-55k
2020 → 2024
Working capital
€-54k▼ 44.0%
2023 · €-37k
2020: €-18k
2021: €-3k
2022: €8k
2023: €-37k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€19k▼ 8.0%€9k▼ 53.2%€-46k€-29k▲ 36.9%
Operating result€18k-€-420€-4k▼ 938%€-53k▼ 1,114%€17k
Net result€14k-€-2k€-10k▼ 508%€-55k▼ 454%€17k
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: €17k after a loss of €53k in 2023.
Balance-sheet composition
Assets €56k
Fixed assets
€28k
Current assets
€28k
Key figures and ratios
EBITDA
€27k▲
2023 · €-39k
Cash flow
€27k▲
2023 · €-40k
Solvency
-51.8%▲
2023 · -100.4%
Current ratio
0.34▼
2023 · 0.55
Quick ratio
0.34▼
2023 · 0.55
Debt / equity
-2.93▼
2023 · -2.00
ROA
30.3%▲
2023 · -119.3%
Interest coverage
17.11▲
2023 · -24.03
Debt
€85k▼
2023 · €92k
Debt ≤ 1 year
€82k▼
2023 · €83k
Debt > 1 year
€3k▼
2023 · €9k
Income taxes
€-2k
Staff costs
€118k▼
2023 · €128k
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€46k€56k▲
Fixed assets21/28-€28k
Tangible fixed assets22/27-€23k
Furniture and vehicles24-€23k
Financial fixed assets28-€5k
Current assets29/58€46k€28k▼
Amounts receivable within one year40/41€41k€1k▼
Trade receivables40€41k-
Other amounts receivable41-€1k
Cash at bank and in hand54/58€5k€26k▲
Deferred charges and accrued income490/1€151€895▲
Equity and liabilities
Total equity and liabilities10/49€46k€56k▲
Equity10/15€-46k€-29k▲
Contributions10/11€6k€6k=
Reserves13€871€871=
Non-distributable reserves130/1€871€871=
Reserves not available under the articles1311€871€871=
Profit (loss) carried forward14€-53k€-36k▲
Amounts payable17/49€92k€85k▼
Amounts payable after more than one year17€9k€3k▼
Financial debts170/4€9k€3k▼
Amounts payable within one year42/48€83k€82k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€10k€27k▲
Suppliers440/4€10k€27k▲
Taxes, remuneration and social security45€52k€47k▼
Taxes450/3€17k€8k▼
Remuneration and social security454/9€35k€40k▲
Other amounts payable47/48€16k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€128k€118k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€13k€15k▲
Gross operating margin9900€103k€160k▲
Operating profit (loss)9901€-53k€17k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-55k€15k▲
Income taxes67/77-€-2k
Profit (loss) for the period9904€-55k€17k▲
Profit (loss) for the period to be appropriated9905€-55k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-36k▲
Profit (loss) brought forward from the previous period14P€2k€-53k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 94 days late
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 360 days late
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 292 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, Stabroek · 1 establishment unit since 2019
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.
Mattheus Mannienlaan 202940 StabroekGround area
210 m²
Building footprint
52 m²
Volume, LiDAR
433 m³
Parcel 11020I0467/00D003, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BILZAK TRANS
since 20192.286.469.548
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11020I0467/00D003 | Flanders | 210 m² | 1 · 52 m² | 8.9 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 453 EUR awarded · 453 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 174 EUR | 174 EUR |
| 2022 | 1 | 279 EUR | 279 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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B & S TRANS
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 3,664 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2019
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.