DSA TRANS
ActiveSummary
The computed 12-month bankruptcy probability of DSA TRANS is 5.6% (elevated). The 2025 annual accounts show equity of €19,829 and a net result of -€14,055. Equity is shrinking by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 4718 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-5
Solvency29▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.61 against 0.6 in 2024; short-term debt: 95.4% and cash: 27.2% of total assets), and 95.8% of the assets are financed with debt.
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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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
4.2%
Return on assets
-3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4718 sector peers (2025).
NBB · sector comparisonPosition among 4718 sector peers
Solvency
better than 18%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
29 d early
2024
12 d late
2023
16 d early
2022
28 d early
2021
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 17 days before 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 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€19,829▼ 41.5%
2024 · €33,884
Total assets
€473,868▼ 35.2%
2024 · €731,308
Net result
-€14,055
2024 · €8,884
Working capital
-€176,937▲ 37.1%
2024 · -€281,225
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
Line20212022202320242025
Operating result€162,744-€167,053▲ 2.6%€150,341▼ 10.0%€14,625▼ 90.3%-€13,100
Net result€126,235above the sector's middle half-€139,238above the sector's middle half▲ 10.3%€115,146above the sector's middle half▼ 17.3%€8,884within the sector's middle half▼ 92.3%-€14,055below the sector's middle half
Equity€150,435above the sector's middle half-€288,073above the sector's middle half▲ 91.5%€401,619above the sector's middle half▲ 39.4%€33,884within the sector's middle half▼ 91.6%€19,829within the sector's middle half▼ 41.5%
Total assets€288,809above the sector's middle half-€621,638above the sector's middle half▲ 115%€664,696above the sector's middle half▲ 6.9%€731,308above the sector's middle half▲ 10.0%€473,868above the sector's middle half▼ 35.2%
Debt€138,374-€333,565▲ 141%€263,077▼ 21.1%€697,424▲ 165%€454,039▼ 34.9%
Working capital€130,313above the sector's middle half-€31,618within the sector's middle half▼ 75.7%€164,214above the sector's middle half▲ 419%-€281,225below the sector's middle half-€176,937below the sector's middle half▲ 37.1%
Solvency52.1%within the sector's middle half-46.3%within the sector's middle half▼ 5.7pp60.4%within the sector's middle half▲ 14.1pp4.6%below the sector's middle half▼ 55.8pp4.2%below the sector's middle half▼ 0.4pp
Current ratio1.94within the sector's middle half-1.09within the sector's middle half▼ 0.851.62within the sector's middle half▲ 0.530.60below the sector's middle half▼ 1.030.61below the sector's middle half▲ 0.01
Return on assets (ROA)43.7%above the sector's middle half-22.4%above the sector's middle half▼ 21.3pp17.3%above the sector's middle half▼ 5.1pp1.2%within the sector's middle half▼ 16.1pp-3.0%below the sector's middle half▼ 4.2pp
Staff (FTE)10-10=10.4▲ 4.0%11.9▲ 14.4%10.2▼ 14.3%
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
The operating result turns negative in 2025: a loss of €13,100 after €14,625 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €473,868
Fixed assets
€198,755 ▼ 37.2%
Current assets
€275,113 ▼ 33.7%
Equity and liabilities €473,868
Equity
€19,829 ▼ 41.5%
Debt
€454,039 ▼ 34.9%
Debt's share of the balance-sheet total rises from 95.4% to 95.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€68,428▼
2024 · €99,165
Cash flow
€67,473▼
2024 · €93,424
Debt to equity
22.90▲
2024 · 20.58
ROE
-70.9%▼
2024 · 26.2%
Interest coverage
68.09▲
2024 · 61.06
Debt ≤ 1 year
€452,050▼
2024 · €696,200
Staff costs
€615,952▼
2024 · €627,904
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
1.8%
went bankrupt
3.3%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 819 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €261,570 | €665,572 | €651,725 | €627,904 | €615,952 | ▼ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,014 | €17,530 | €49,542 | €84,540 | €81,528 | ▼ 3.6% |
| Other operating charges640/8 | €3,479 | €54,391 | €49,038 | €2,302 | €7,766 | ▲ 237% |
| Non-recurring operating charges66A | €75 | - | €6,176 | - | €7,220 | - |
| Gross operating margin9900 | €428,882 | €904,546 | €906,822 | €729,371 | €699,366 | ▼ 4.1% |
| Operating profit (loss)9901 | €162,744 | €167,053 | €150,341 | €14,625 | -€13,100 | ▼ 190% |
| Financial income75/76B | €343 | €429 | €984 | €716 | €50 | ▼ 93.0% |
| Recurring financial income75 | €343 | €429 | €984 | €716 | €50 | ▼ 93.0% |
| Financial charges65/66B | €175 | €827 | €520 | €1,624 | €1,005 | ▼ 38.1% |
| Recurring financial charges65 | €175 | €827 | €520 | €1,624 | €1,005 | ▼ 38.1% |
| Profit (loss) for the period before taxes9903 | €162,912 | €166,655 | €150,805 | €13,717 | -€14,055 | ▼ 202% |
| Income taxes67/77 | €36,677 | €27,417 | €35,659 | €4,833 | - | - |
| Profit (loss) for the period9904 | €126,235 | €139,238 | €115,146 | €8,884 | -€14,055 | ▼ 258% |
| Profit (loss) for the period to be appropriated9905 | €126,235 | €139,238 | €115,146 | €8,884 | -€14,055 | ▼ 258% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €288,809 | €621,638 | €664,696 | €731,308 | €473,868 | ▼ 35.2% |
| Fixed assets21/28 | €20,122 | €256,455 | €237,405 | €316,333 | €198,755 | ▼ 37.2% |
| Tangible fixed assets22/27 | €917 | €232,455 | €213,405 | €282,033 | €164,755 | ▼ 41.6% |
| Plant, machinery and equipment23 | - | - | €361 | €193 | €834 | ▲ 332% |
| Furniture and vehicles24 | €917 | €232,455 | €213,044 | €281,840 | €163,921 | ▼ 41.8% |
| Financial fixed assets28 | €19,205 | €24,000 | €24,000 | €34,300 | €34,000 | ▼ 0.9% |
| Current assets29/58 | €268,687 | €365,183 | €427,291 | €414,975 | €275,113 | ▼ 33.7% |
| Amounts receivable after more than one year29 | €13,997 | €8,308 | €8,022 | €432 | - | - |
| Other amounts receivable291 | €13,997 | €8,308 | €8,022 | €432 | - | - |
| Amounts receivable within one year40/41 | €124,860 | €260,458 | €356,482 | €256,209 | €128,754 | ▼ 49.7% |
| Trade receivables40 | €118,759 | €254,660 | €341,354 | €239,903 | €122,634 | ▼ 48.9% |
| Other amounts receivable41 | €6,101 | €5,798 | €15,128 | €16,306 | €6,120 | ▼ 62.5% |
| Cash at bank and in hand54/58 | €129,830 | €96,417 | €34,441 | €121,921 | €128,716 | ▲ 5.6% |
| Deferred charges and accrued income490/1 | - | - | €28,346 | €36,413 | €17,643 | ▼ 51.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €288,809 | €621,638 | €664,696 | €731,308 | €473,868 | ▼ 35.2% |
| Equity10/15 | €150,435 | €288,073 | €401,619 | €33,884 | €19,829 | ▼ 41.5% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €125,435 | €263,073 | €376,619 | €8,884 | -€5,171 | ▼ 158% |
| Amounts payable17/49 | €138,374 | €333,565 | €263,077 | €697,424 | €454,039 | ▼ 34.9% |
| Amounts payable within one year42/48 | €138,374 | €333,565 | €263,077 | €696,200 | €452,050 | ▼ 35.1% |
| Trade debts44 | €45,343 | €140,200 | €27,376 | €109,948 | €75,071 | ▼ 31.7% |
| Suppliers440/4 | €45,343 | €140,200 | €27,376 | €109,948 | €75,071 | ▼ 31.7% |
| Taxes, remuneration and social security45 | €92,074 | €183,302 | €225,540 | €224,441 | €115,569 | ▼ 48.5% |
| Taxes450/3 | €59,605 | €98,916 | €97,729 | €136,274 | €46,637 | ▼ 65.8% |
| Remuneration and social security454/9 | €32,469 | €84,386 | €127,811 | €88,167 | €68,932 | ▼ 21.8% |
| Other amounts payable47/48 | €957 | €10,063 | €10,161 | €361,811 | €261,410 | ▼ 27.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1,224 | €1,989 | ▲ 62.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €126,235 | €139,238 | €115,146 | €8,884 | -€14,055 | ▼ 258% |
| + Depreciation and write-downs630 | €1,014 | €17,530 | €49,542 | €84,540 | €81,528 | ▼ 3.6% |
| Operating cash flow (approximation) | €127,249 | €156,768 | €164,688 | €93,424 | €67,473 | ▼ 27.8% |
| Investment in fixed assets (approximation) | - | -€253,863 | -€30,492 | -€163,468 | €36,050 | ▲ 122% |
| Change in cash | - | -€33,413 | -€61,976 | €87,480 | €6,795 | ▼ 92.2% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€14,055
Net result drops to -€14,055, the lowest in the series.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €139,238 ▲10.3%
Operating result €167,053, net result €139,238, both a record.
31-12
Financial
Equity above €200,000Eq €288,073 ▲91.5%
2 profitable years in a row build equity to €288,073.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Sint-Agatha-Berchem · 1 establishment unit since 2020
Ground area
2,748 m²
Building footprint
1,831 m²
Volume, LiDAR
26,648 m³
Parcel 21342B0081/00A004, Brussels · tallest building 29.2 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DSA TRANS
since 20202.308.366.606
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0081/00A004 | Brussels | 2,748 m² | 1 · 1,831 m² | 29.2 m · 7 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 12,582 companies in sector 49410 we hold annual accounts for 8,203. 4,960 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
Founded14-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754389091
Also
9925:BE0754389091
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.