Skip to content

BWS TRANS

Active
Private limited companyfounded 20223 yrs activeHortweidenweg 37, 3520 Zonhoven, BelgiumKBO/BCE: BE 0792.570.667
Summary

The computed 12-month bankruptcy probability of BWS TRANS is 4.8% (elevated). The annual accounts of BWS TRANS for fiscal year 2025 show a net loss of 108% of total assets and of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €2,457 and a net result of -€13,213. Equity is growing by ~63.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 4709 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency45▼-55
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.17 against 5.58 in 2024; short-term debt: 79.9% and cash: 0.1% of total assets), and 79.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 →
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 2025
Solvency, return and age of the figures
Solvency
20.1%
Return on assets
-108.3%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
2 d early
2024
231 d late
2023
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 66 days after 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. Usually files around 29 July (3 of the last 3 filed years within 233 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

BWS TRANS was incorporated on 18 October 2022 as a Private limited company.1 Total assets fell from EUR 29,888 in 2023 to EUR 12,196 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€2,457▼ 84.3%
2024 · €15,670
Total assets
€12,196▼ 35.2%
2024 · €18,834
Net result
-€13,213
2024 · €24,548
Working capital
€1,697▼ 88.3%
2024 · €14,497
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€8,686-€37,289-€12,113
Net result-€9,878below the sector's middle half-€24,548above the sector's middle half-€13,213below the sector's middle half
Equity-€8,878below the sector's middle half-€15,670within the sector's middle half€2,457below the sector's middle half▼ 84.3%
Total assets€29,888below the sector's middle half-€18,834below the sector's middle half▼ 37.0%€12,196below the sector's middle half▼ 35.2%
Debt€38,766-€3,164▼ 91.8%€9,739▲ 208%
Working capital-€10,464within the sector's middle half-€14,497within the sector's middle half€1,697within the sector's middle half▼ 88.3%
Solvency-29.7%below the sector's middle half-83.2%above the sector's middle half▲ 112.9pp20.1%within the sector's middle half▼ 63.1pp
Current ratio0.73below the sector's middle half-5.58above the sector's middle half▲ 4.851.17within the sector's middle half▼ 4.41
Return on assets (ROA)-33.1%below the sector's middle half-130.3%above the sector's middle half▲ 163.4pp-108.3%below the sector's middle half▼ 238.7pp
Staff (FTE)2.7-
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2023: -€8,686-€8,686Net result 2023: -€9,878-€9,878Operating result 2024: €37,289€37,289Net result 2024: €24,548€24,548Operating result 2025: -€12,113-€12,113Net result 2025: -€13,213-€13,213202320242025-€20,000€0€20,000€40,000Operating result 2023: -€8,686-€8,690Net result 2023: -€9,878-€9,880Operating result 2024: €37,289€37,300Net result 2024: €24,548€24,500Operating result 2025: -€12,113-€12,100Net result 2025: -€13,213-€13,200202320242025
The operating result turns negative in 2025: a loss of €12,113 after €37,289 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €12,196
Equity €2,457 ▼ 84.3%
Debt €9,739 ▲ 208%
Debt's share of the balance-sheet total rises from 16.8% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€11,700
Cash flow
-€12,800
Debt to equity
3.96▲
2024 · 0.20
ROE
-537.8%▼
2024 · 156.7%
Interest coverage
-27.01
Debt ≤ 1 year
€9,739▲
2024 · €3,164
Income taxes
€684▼
2024 · €6,843
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,206 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
4.1% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 1,206 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€18,834€12,196▼
Formation expenses20€1,173€760▼
Current assets29/58€17,661€11,436▼
Amounts receivable within one year40/41€16,253€11,429▼
Trade receivables40€7,708-
Other amounts receivable41€8,545€11,429▲
Cash at bank and in hand54/58€1,408€7▼
Equity and liabilities
Total equity and liabilities10/49€18,834€12,196▼
Equity10/15€15,670€2,457▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€14,670€1,457▼
Amounts payable17/49€3,164€9,739▲
Amounts payable within one year42/48€3,164€9,739▲
Trade debts44€3,164€953▼
Suppliers440/4€3,164€953▼
Taxes, remuneration and social security45-€8,786
Taxes450/3-€8,786
Income statement Code20242025
Remuneration, social security and pensions62€4,066-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€413
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€413-
Other operating charges640/8€779€3,336▲
Gross operating margin9900€42,548-€8,364▼
Operating profit (loss)9901€37,289-€12,113▼
Financial income75/76B€2€17▲
Recurring financial income75€2€17▲
Financial charges65/66B€5,900€433▼
Recurring financial charges65€592€433▼
Non-recurring financial charges66B€5,308-
Profit (loss) for the period before taxes9903€31,392-€12,529▼
Income taxes67/77€6,843€684▼
Profit (loss) for the period9904€24,548-€13,213▼
Profit (loss) for the period to be appropriated9905€24,548-€13,213▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,670€1,457▼
Profit (loss) brought forward from the previous period14P-€9,878€14,670▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€65,621€4,066--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€480-€413-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€413--
Other operating charges640/8€74€779€3,336▲ 328%
Gross operating margin9900€57,489€42,548-€8,364▼ 120%
Operating profit (loss)9901-€8,686€37,289-€12,113▼ 132%
Financial income75/76B€8€2€17▲ 632%
Recurring financial income75€8€2€17▲ 632%
Financial charges65/66B€1,200€5,900€433▼ 92.7%
Recurring financial charges65€1,200€592€433▼ 26.8%
Non-recurring financial charges66B-€5,308--
Profit (loss) for the period before taxes9903-€9,878€31,392-€12,529▼ 140%
Income taxes67/77-€6,843€684▼ 90.0%
Profit (loss) for the period9904-€9,878€24,548-€13,213▼ 154%
Profit (loss) for the period to be appropriated9905-€9,878€24,548-€13,213▼ 154%
Line202320242025Change
Assets
Total assets20/58€29,888€18,834€12,196▼ 35.2%
Formation expenses20€1,586€1,173€760▼ 35.2%
Current assets29/58€28,302€17,661€11,436▼ 35.2%
Amounts receivable within one year40/41€28,263€16,253€11,429▼ 29.7%
Trade receivables40€28,263€7,708--
Other amounts receivable41-€8,545€11,429▲ 33.7%
Cash at bank and in hand54/58€39€1,408€7▼ 99.5%
Equity and liabilities
Total equity and liabilities10/49€29,888€18,834€12,196▼ 35.2%
Equity10/15-€8,878€15,670€2,457▼ 84.3%
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14-€9,878€14,670€1,457▼ 90.1%
Amounts payable17/49€38,766€3,164€9,739▲ 208%
Amounts payable within one year42/48€38,766€3,164€9,739▲ 208%
Trade debts44€16,146€3,164€953▼ 69.9%
Suppliers440/4€16,146€3,164€953▼ 69.9%
Taxes, remuneration and social security45€14,668-€8,786-
Taxes450/3€2,313-€8,786-
Remuneration and social security454/9€12,355---
Other amounts payable47/48€7,953---
Line202320242025Change
Profit (loss) for the period9904-€9,878€24,548-€13,213▼ 154%
+ Depreciation and write-downs630€480-€413-
Operating cash flow (approximation)-€9,398€24,548-€12,800▼ 152%
Change in cash-€1,369-€1,401▼ 202%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
19-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 231 days late
2025
31-12
Financial Weakest financial yearnet -€13,213
Net result drops to -€13,213, the lowest in the series.
2024
31-12
Financial Back to profitnet €24,548
Net result €24,548 after one loss-making year.
31-12
Financial Liquidity times 8current ratio 5.58
Current ratio from 0.73 to 5.58; short-term debt falls from €38,766 to €3,164.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Zonhoven · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
866 m²
Building footprint
96 m²
Volume, LiDAR
743 m³
Parcel 71066B0163/00G000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BWS TRANS
Hortweidenweg 37, 3520 ZonhovenFreight transport by road
since 20222.337.747.213
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71066B0163/00G000 Flanders 866 m² 1 · 96 m² 9.9 m · 3 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.

Similar companies · same sector, comparable size

Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 1,701 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
Founded18-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
50200Water transport
50400Inland freight water transport
52210Service activities incidental to land transportation
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.