BORZ TRANS

Active

Private limited companyfounded 20206 yrs activeBoulevard Emile Schevenels(L) 24L, 7860 Lessines, BelgiumKBO/BCE: BE 0750.493.849

The computed 12-month bankruptcy probability of BORZ TRANS is 5.2% (elevated). The 2024 annual accounts show negative equity (€-125k) and a net result of €-136k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 6717 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

13 / 100

Critical

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability11▼-8

Solvency1▼-26

Growth32=

Track record100

Bankruptcy probability, 12 months

5.2% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.28 against 0.48 in 2023; short-term debt: 86.8% and cash: 0% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-24.3%

Return on assets

-26.4%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

21222324

2021 to 2024 · latest year €-125k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

36 d late

2022

61 d early

2021

10 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-125k

2023 · €11k

2021: €40k 2022: €100k 2023: €11k

2021 → 2024

Total assets

€515k▼ 19.7%

2023 · €642k

2021: €174k 2022: €563k 2023: €642k

2021 → 2024

Net result

€-136k▼ 53.1%

2023 · €-89k

2021: €30k 2022: €60k 2023: €-89k

2021 → 2024

Working capital

€-321k▼ 51.8%

2023 · €-212k

2021: €-9k 2022: €-92k 2023: €-212k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€40k-€100k▲ 149%€11k▼ 89.1%€-125k

Operating result€36k-€78k▲ 114%€-61k€-69k▼ 12.8%

Net result€30k-€60k▲ 99.2%€-89k€-136k▼ 53.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €69k in 2024 against €61k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €515k

75.6%

24.4%

Fixed assets €390k▼ 12.0%

Current assets €126k▼ 36.8%

Key figures and ratios

2024 value · change against 2023

EBITDA

€40k▼

2023 · €58k

Cash flow

€-28k▼

2023 · €30k

Solvency

-24.3%▼

2023 · 1.7%

Current ratio

0.28▼

2023 · 0.48

Quick ratio

0.28▼

2023 · 0.48

Debt / equity

-5.11▼

2023 · 57.85

ROA

-26.4%▼

2023 · -13.9%

Interest coverage

1.35▼

2023 · 2.08

Debt

€641k▲

2023 · €631k

Debt ≤ 1 year

€447k▲

2023 · €411k

Debt > 1 year

€193k▼

2023 · €220k

Income taxes

€2k

Staff costs

€86k▼

2023 · €197k

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€642k€515k▼

Fixed assets21/28€443k€390k▼

Tangible fixed assets22/27€401k€348k▼

Plant, machinery and equipment23€17k€15k▼

Furniture and vehicles24€264k€176k▼

Leasing and similar rights25€114k€152k▲

Other tangible fixed assets26€6k€5k▼

Financial fixed assets28€42k€42k=

Current assets29/58€199k€126k▼

Amounts receivable within one year40/41€182k€104k▼

Trade receivables40€182k€70k▼

Other amounts receivable41-€33k

Cash at bank and in hand54/58€17k€25▼

Deferred charges and accrued income490/1-€22k

Equity and liabilities

Total equity and liabilities10/49€642k€515k▼

Equity10/15€11k€-125k▼

Contributions10/11€10k€10k=

Outside capital11€10k-

Share premium1100/10€10k-

Profit (loss) carried forward14€907€-135k▼

Amounts payable17/49€631k€641k▲

Amounts payable after more than one year17€220k€193k▼

Financial debts170/4€220k€193k▼

Amounts payable within one year42/48€411k€447k▲

Current portion of amounts payable after more than one year42€197k€111k▼

Financial debts43-€34k

Credit institutions430/8-€34k

Trade debts44€168k€181k▲

Suppliers440/4€168k€181k▲

Taxes, remuneration and social security45€44k€72k▲

Taxes450/3€44k€72k▲

Remuneration and social security454/9-€233

Other amounts payable47/48€2k€49k▲

Income statement Code20232024

Non-recurring operating income76A-€97k

Remuneration, social security and pensions62€197k€86k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€119k€108k▼

Other operating charges640/8€69k€17k▼

Non-recurring operating charges66A-€6k

Gross operating margin9900€324k€149k▼

Operating profit (loss)9901€-61k€-69k▼

Financial income75/76B€0€1k▲

Recurring financial income75€0€1k▲

Financial charges65/66B€28k€67k▲

Recurring financial charges65€28k€29k▲

Non-recurring financial charges66B-€37k

Profit (loss) for the period before taxes9903€-89k€-134k▼

Income taxes67/77-€2k

Profit (loss) for the period9904€-89k€-136k▼

Profit (loss) for the period to be appropriated9905€-89k€-136k▼

Appropriation of the result

Profit (loss) to be appropriated9906€907€-135k▼

Profit (loss) brought forward from the previous period14P€90k€907▼

Transfer to equity691/2-€0

To contributions691-€0

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Weakest financial yearnet €-136k

Net result drops to €-136k, the lowest in the series.

05-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 36 days late

2023

31-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2021net €60k ▲99.2%

Operating result €78k, net result €60k, both a record.

10-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 10 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Lessines · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Boulevard Emile Schevenels(L) 24L7860 Lessines

Ground area

266 m²

Building footprint

72 m²

Volume, LiDAR

466 m³

Parcel 55023A0560/00S000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

BORZ TRANS

Boulevard Emile Schevenels(L) 24L, 7860 LessinesSupport activities for crop production

since 20202.305.202.426

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55023A0560/00S000	Wallonia	266 m²	1 · 72 m²	7.5 m · 2 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

2023 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid

Year	Entries	awarded	paid
2023	1	9,000 EUR	9,000 EUR

Schemes

Subsidies ecologisch en veilig transport (stopgezet)

1 entry · 9,000 EUR · 9,000 EUR paid · Departement Mobiliteit en Openbare Werken

Similar companies · same sector, comparable size

ARK-SERVICES

BE 1023.671.682

Tielt-Winge · Eq €11k

Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 4,025 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded10-07-2020

Fiscal year end31-12

Activities, NACEBEL

49410Freight transport by road

53200Other postal and courier activities

81210General cleaning of buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

E-mail:borztrans@hotmail.com

Enterprise

Phone:0495/705769

Enterprise