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CORRECT TRANSPORT GROUP

Active
Private limited companyfounded 2024active for 2 yearsBreydelstraat 34 - 36, 1040 Brussel, Belgium43 active companies are registered at this addressKBO/BCE: BE 1007.799.811
Summary

The computed 12-month bankruptcy probability of CORRECT TRANSPORT GROUP is 7.1% (elevated). The 2025 annual accounts show equity of €4,794 and a net result of €1,794. Its solvency ranks better than 17% of 5,764 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€203,765total assets 2025
Equity
€4,794
Profit
€1,794
Turnover not published (micro format)
Financial health
33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.1%
Structure
Accounts 22 days early
Why 33raises riskFounded in 20241 change of registered office in 24 monthsSector: Land transport and transport via pipelines (NACE 49)Equity €4,794 (2.4% of total assets)Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 18% of its sector peers (NACE 49, micro)
Financial strength
Weak
Solvency 27
equity 2.4% of total assets
Liquidity 10
short-term debt 94.8% · cash 8.2%
Profitability 53
return on assets 0.9%
Bankruptcy probability, 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,092 companies, NACE 49, micro)
Last 24 months 04-2025: 3.7%lowest value 05-2025: 3.7%● unchanged vs 04-2025lowest value 06-2025: 6.8%▲ +3.1 percentage points vs 05-2025 07-2025: 7.1%▲ +0.3 percentage points vs 06-2025 08-2025: 7.3%▲ +0.2 percentage points vs 07-2025 09-2025: 7.8%▲ +0.5 percentage points vs 08-2025highest value 10-2025: 7.8%● unchanged vs 09-2025highest value 11-2025: 4.5%▼ -3.3 percentage points vs 10-2025 12-2025: 4.5%● unchanged vs 11-2025 01-2026: 4.5%● unchanged vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.6%▲ +0.1 percentage points vs 02-2026 04-2026: 4.5%▼ -0.1 percentage points vs 03-2026 05-2026: 4.5%● unchanged vs 04-2026 06-2026: 4.5%● unchanged vs 05-2026 07-2026: 5.5%▲ +1.0 percentage point vs 06-2026 08-2026: 6.7%▲ +1.2 percentage points vs 07-2026 09-2026: 6.6%▼ -0.1 percentage points vs 08-2026 10-2026: 7.1%▲ +0.5 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.82, below 1; short-term debt: 94.8% and cash: 8.2% of total assets), and 97.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 16% on solvency, 10% on liquidity and 29% on profitability.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Equity €4,794 (2.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 5764 sector peers (2025).
NBB · sector comparison
Position among 5764 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. Purpose · Amendment of the articlesPurpose change · Power of…

Key points

  • Caution: Among the weakest 17% on solvencysector median 38.1% · 5,764 companies 2.4% View
  • Total assets 2025first financial year filed €203,765 View
  • Active since 2024founded 29-03-2024 2 years View

By topic

Financials

Financial year
2025
Total assets
€203,765
Profit
€1,794
Solvency
2.4%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
29-03-2024
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
9
Purpose
“De aan- en verkoop,groot- en kleinhandel,markthandel,im- en…” (deed in Dutch)
Go to Articles of association

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