BKN - TRANS
ActiveSummary
The computed 12-month bankruptcy probability of BKN - TRANS is 2.3% (moderate). The 2024 annual accounts show equity of €570k and a net result of €333k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 80% of 1124 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
Axes · tick = 2023
Profitability100=
Solvency89▲+26
Growth78=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 1.57 in 2023; short-term debt: 36.2% and cash: 16% of total assets), and 36.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63.8%
Return on assets
37.2%
Age of the figures
21 mo
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 23-05-2025, 69 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
69 d early
2023
64 d early
2022
54 d early
2021
100 d early
2020
66 d early
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€333k▲ 35.6%
2023 · €245k
2018: €-65klowest in 7 years
2019: €8k▲ +112% vs 2018
2020: €4k▼ -47.8% vs 2019
2021: €-1k▼ -131% vs 2020
2022: €26k▲ +2282% vs 2021
2023: €245k▲ +831% vs 2022
2024: €333k▲ +35.6% vs 2023highest in 7 years
2018 → 2024
Working capital
€529k▲ 140%
2023 · €220k
2018: €-70klowest in 7 years
2019: €-50k▲ +28.1% vs 2018
2020: €-39k▲ +23.4% vs 2019
2021: €-42k▼ -8.9% vs 2020
2022: €-13k▲ +69.0% vs 2021
2023: €220k▲ +1787% vs 2022
2024: €529k▲ +140% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-36k-€-34k▲ 5.7%€-8k▲ 77.4%€238k€570k▲ 140%
2020: €-36klowest in 5 years
2021: €-34k▲ +5.7% vs 2020
2022: €-8k▲ +77.4% vs 2021
2023: €238k▲ +3193% vs 2022
2024: €570k▲ +140% vs 2023highest in 5 years
Operating result€5k-€-238€31k€247k▲ 692%€335k▲ 35.9%
2020: €5k
2021: €-238▼ -105% vs 2020lowest in 5 years
2022: €31k▲ +13192% vs 2021
2023: €247k▲ +692% vs 2022
2024: €335k▲ +35.9% vs 2023highest in 5 years
Net result€4k-€-1k€26k€245k▲ 831%€333k▲ 35.6%
2020: €4k
2021: €-1k▼ -131% vs 2020lowest in 5 years
2022: €26k▲ +2282% vs 2021
2023: €245k▲ +831% vs 2022
2024: €333k▲ +35.6% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 36% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €894k
Fixed assets
€41k ▲ 134%
Current assets
€853k ▲ 40.8%
Equity and liabilities €894k
Equity
€570k ▲ 140%
Debt
€324k ▼ 16.0%
Debt's share of the balance-sheet total falls from 61.9% to 36.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€345k▲
2023 · €252k
Cash flow
€343k▲
2023 · €250k
Current ratio
2.63▲
2023 · 1.57
Debt to equity
0.57▼
2023 · 1.62
ROE
58.3%▼
2023 · 103.2%
ROA
37.2%▼
2023 · 39.4%
Interest coverage
124.89▼
2023 · 137.11
Debt ≤ 1 year
€324k▼
2023 · €386k
Staff costs
€298k▲
2023 · €263k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€623k€894k▲
Fixed assets21/28€18k€41k▲
Tangible fixed assets22/27€15k€26k▲
Furniture and vehicles24€15k€26k▲
Financial fixed assets28€3k€14k▲
Current assets29/58€606k€853k▲
Amounts receivable within one year40/41€581k€710k▲
Trade receivables40€581k€710k▲
Cash at bank and in hand54/58€25k€143k▲
Equity and liabilities
Total equity and liabilities10/49€623k€894k▲
Equity10/15€238k€570k▲
Contributions10/11€19k€19k=
Reserves13€93€93=
Non-distributable reserves130/1€93€93=
Reserves not available under the articles1311€93€93=
Profit (loss) carried forward14€219k€552k▲
Amounts payable17/49€386k€324k▼
Amounts payable within one year42/48€386k€324k▼
Trade debts44€183k€91k▼
Suppliers440/4€183k€91k▼
Taxes, remuneration and social security45€203k€135k▼
Taxes450/3€140k€100k▼
Remuneration and social security454/9€63k€34k▼
Other amounts payable47/48-€99k
Income statement
Code20232024
Remuneration, social security and pensions62€263k€298k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€11k€18k▲
Gross operating margin9900€526k€661k▲
Operating profit (loss)9901€247k€335k▲
Financial income75/76B€353€21▼
Recurring financial income75€353€21▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€245k€333k▲
Profit (loss) for the period9904€245k€333k▲
Profit (loss) for the period to be appropriated9905€245k€333k▲
Appropriation of the result
Profit (loss) to be appropriated9906€219k€552k▲
Profit (loss) brought forward from the previous period14P€-26k€219k▲
Social balance
Average headcount (FTE)90876.06.0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €81k | €155k | €263k | €298k | ▲ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €3k | €5k | €10k | ▲ 105% |
| Other operating charges640/8 | - | €3k | €8k | €11k | €18k | ▲ 63.5% |
| Non-recurring operating charges66A | - | - | €166 | - | - | - |
| Gross operating margin9900 | €60k | €86k | €197k | €526k | €661k | ▲ 25.7% |
| Operating profit (loss)9901 | €5k | €-238 | €31k | €247k | €335k | ▲ 35.9% |
| Financial income75/76B | - | €6 | - | €353 | €21 | ▼ 94.1% |
| Recurring financial income75 | €400 | €6 | - | €353 | €21 | ▼ 94.1% |
| Financial charges65/66B | - | €976 | €1k | €2k | €3k | ▲ 50.7% |
| Recurring financial charges65 | €1k | €976 | €1k | €2k | €3k | ▲ 50.7% |
| Profit (loss) for the period before taxes9903 | €4k | €-1k | €30k | €245k | €333k | ▲ 35.6% |
| Income taxes67/77 | - | - | €4k | - | - | - |
| Profit (loss) for the period9904 | €4k | €-1k | €26k | €245k | €333k | ▲ 35.6% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-1k | €26k | €245k | €333k | ▲ 35.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62k | €73k | €171k | €623k | €894k | ▲ 43.5% |
| Fixed assets21/28 | €3k | €8k | €5k | €18k | €41k | ▲ 134% |
| Tangible fixed assets22/27 | €2k | €8k | €5k | €15k | €26k | ▲ 82.4% |
| Furniture and vehicles24 | - | €8k | €5k | €15k | €26k | ▲ 82.4% |
| Financial fixed assets28 | €385 | €385 | €385 | €3k | €14k | ▲ 385% |
| Current assets29/58 | €60k | €65k | €166k | €606k | €853k | ▲ 40.8% |
| Amounts receivable within one year40/41 | €34k | €38k | €139k | €581k | €710k | ▲ 22.1% |
| Trade receivables40 | - | €38k | €139k | €581k | €710k | ▲ 22.1% |
| Cash at bank and in hand54/58 | €25k | €26k | €27k | €25k | €143k | ▲ 481% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62k | €73k | €171k | €623k | €894k | ▲ 43.5% |
| Equity10/15 | €-36k | €-34k | €-8k | €238k | €570k | ▲ 140% |
| Contributions10/11 | €15k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €93 | €93 | €93 | €93 | €93 | = |
| Non-distributable reserves130/1 | - | €93 | €93 | €93 | €93 | = |
| Reserves not available under the articles1311 | - | €93 | €93 | €93 | €93 | = |
| Profit (loss) carried forward14 | €-52k | €-53k | €-26k | €219k | €552k | ▲ 152% |
| Amounts payable17/49 | €98k | €107k | €179k | €386k | €324k | ▼ 16.0% |
| Amounts payable within one year42/48 | €98k | €107k | €179k | €386k | €324k | ▼ 16.0% |
| Trade debts44 | €74k | €79k | €135k | €183k | €91k | ▼ 50.4% |
| Suppliers440/4 | - | €79k | €135k | €183k | €91k | ▼ 50.4% |
| Taxes, remuneration and social security45 | - | €25k | €44k | €203k | €135k | ▼ 33.6% |
| Taxes450/3 | - | €13k | €25k | €140k | €100k | ▼ 28.1% |
| Remuneration and social security454/9 | - | €12k | €19k | €63k | €34k | ▼ 45.8% |
| Other amounts payable47/48 | - | €3k | - | - | €99k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-1k | €26k | €245k | €333k | ▲ 35.6% |
| + Depreciation and write-downs630 | €3k | €2k | €3k | €5k | €10k | ▲ 105% |
| Operating cash flow (approximation) | €7k | €808 | €29k | €250k | €343k | ▲ 37.0% |
| Investment in fixed assets (approximation) | - | €-8k | €167 | €-17k | €-34k | ▼ 96.7% |
| Change in cash | - | €737 | €417 | €-2k | €119k | ▲ 6,225% |
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
2025
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €333k ▲35.6%
Operating result €335k, net result €333k, both a record.
31-12
Financial
Equity above €500kEq €570k ▲140%
3 profitable years in a row build equity to €570k.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200kEq €238k
2 profitable years in a row build equity to €238k.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ukkel · 1 establishment unit since 2017
Ground area
1,616 m²
Building footprint
1,089 m²
Volume, LiDAR
6,528 m³
Parcel 21614E0126/00A002, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
312
companies at this address
See who is registered here
1 establishment unit
BKN - TRANS
since 20172.262.030.991
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 5,005 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
Founded14-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.