Skip to content

E & E trans

Active
Private limited companyfounded 2024active for 2 yearsGallaitstraat 32, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1007.266.311
Summary

The computed 12-month bankruptcy probability of E & E trans is 2.9% (moderate). The 2025 annual accounts show equity of €11,185 and a net result of €2,379. Its solvency ranks better than 51% of 5,795 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
€28,753total assets 2025
Staff
0.9 FTE
Equity
€11,185
Profit
€2,379
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts 6 days early
Why 51raises riskFounded in 2024Sector: Land transport and transport via pipelines (NACE 49)Size: total assets €28,753lowers riskFigures for financial year 2025 (filed 24-07-2026)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Average
Solvency 64-30
equity 38.9% of total assets
Liquidity 33-13
short-term debt 61.1% · cash 12.3%
Profitability 70-30
return on assets 8.3%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,089 companies, NACE 49, micro)
Last 24 months 04-2025: 3.7% 05-2025: 3.7%● unchanged vs 04-2025 06-2025: 3.9%▲ +0.2 percentage points vs 05-2025 07-2025: 4.2%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 2.6%▼ -1.6 percentage points vs 07-2025lowest value 09-2025: 2.6%● unchanged vs 08-2025 10-2025: 2.7%▲ +0.1 percentage points vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.6%▼ -0.1 percentage points vs 01-2026 03-2026: 2.7%▲ +0.1 percentage points vs 02-2026 04-2026: 2.8%▲ +0.1 percentage points vs 03-2026 05-2026: 3.0%▲ +0.2 percentage points vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.2%▲ +0.2 percentage points vs 06-2026 08-2026: 2.9%▼ -0.3 percentage points vs 07-2026 09-2026: 2.9%● unchanged vs 08-2026 10-2026: 2.9%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.79, compared with 0.36 in 2024, below 1; short-term debt: 61.1% and cash: 12.3% of total assets), and 61.1% 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 51% on solvency, 30% on liquidity, 42% on profitability and 71% on growth.

The bankruptcy probability was computed on 21-10-2026 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).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises 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 · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: total assets €28,753
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 24-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 24-07-2026, 6 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
6 days early
2024
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 13 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

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. Resignation: ALI Enis (director)Appointment: MUTLU Bahar (director) ·…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€11,185▲ 27.0%
2024 · €8,806
Total assets
€28,753▲ 127%
2024 · €12,683
Net result
€2,379▼ 62.3%
2024 · €6,306
Working capital
-€3,605▼ 45.7%
2024 · -€2,473
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 47% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€4,454 2025 Net result€2,379 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€8,462-€4,454▼ 47.4%
Net result€6,306within the sector's middle half-€2,379within the sector's middle half▼ 62.3%
Equity€8,806within the sector's middle half-€11,185within the sector's middle half▲ 27.0%
Total assets€12,683below the sector's middle half-€28,753below the sector's middle half▲ 127%
Debt€3,877-€17,568▲ 353%
Working capital-€2,473within the sector's middle half--€3,605within the sector's middle half▼ 45.7%
Solvency69.4%above the sector's middle half-38.9%within the sector's middle half▼ 30.5pp
Current ratio0.36below the sector's middle half-0.79within the sector's middle half▲ 0.43
Return on assets (ROA)49.7%above the sector's middle half-8.3%within the sector's middle half▼ 41.4pp
Staff (FTE)0.9
above within below the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28,753
Fixed assets €14,790 ▲ 31.1%
Current assets €13,963 ▲ 895%
Equity and liabilities €28,753
Equity €11,185 ▲ 27.0%
Debt €17,568 ▲ 353%
Debt's share of the balance-sheet total rises from 30.6% to 61.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,944▼
2024 · €10,418
Cash flow
€3,869▼
2024 · €8,262
Debt to equity
1.57▲
2024 · 0.44
ROE
21.3%▼
2024 · 71.6%
Interest coverage
4.85▼
2024 · over 100
Debt ≤ 1 year
€17,568▲
2024 · €3,877
Income taxes
€864▼
2024 · €2,102
Staff costs
€37,012▲
2024 · €354
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.9% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 39,278 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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€12,683€28,753▲
Fixed assets21/28€11,279€14,790▲
Tangible fixed assets22/27€2,279€5,790▲
Furniture and vehicles24€2,279€5,790▲
Financial fixed assets28€9,000€9,000=
Current assets29/58€1,404€13,963▲
Amounts receivable within one year40/41€499€10,440▲
Trade receivables40€499€10,440▲
Cash at bank and in hand54/58€905€3,523▲
Equity and liabilities
Total equity and liabilities10/49€12,683€28,753▲
Equity10/15€8,806€11,185▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€6,306€8,685▲
Amounts payable17/49€3,877€17,568▲
Amounts payable within one year42/48€3,877€17,568▲
Trade debts44-€5,373
Suppliers440/4-€5,373
Taxes, remuneration and social security45€3,283€12,068▲
Taxes450/3€3,283€9,568▲
Remuneration and social security454/9-€2,500
Other amounts payable47/48€594€127▼
Income statement Code20242025
Remuneration, social security and pensions62€354€37,012▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,956€1,489▼
Gross operating margin9900€10,772€42,955▲
Operating profit (loss)9901€8,462€4,454▼
Financial income75/76B-€13
Recurring financial income75-€13
Financial charges65/66B€55€1,224▲
Recurring financial charges65€55€1,224▲
Profit (loss) for the period before taxes9903€8,408€3,243▼
Income taxes67/77€2,102€864▼
Profit (loss) for the period9904€6,306€2,379▼
Profit (loss) for the period to be appropriated9905€6,306€2,379▼
Appropriation of the result
Profit (loss) to be appropriated9906€6,306€8,685▲
Profit (loss) brought forward from the previous period14P-€6,306

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€354€37,012▲ 10,351%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,956€1,489▼ 23.9%
Gross operating margin9900€10,772€42,955▲ 299%
Operating profit (loss)9901€8,462€4,454▼ 47.4%
Financial income75/76B-€13-
Recurring financial income75-€13-
Financial charges65/66B€55€1,224▲ 2,143%
Recurring financial charges65€55€1,224▲ 2,143%
Profit (loss) for the period before taxes9903€8,408€3,243▼ 61.4%
Income taxes67/77€2,102€864▼ 58.9%
Profit (loss) for the period9904€6,306€2,379▼ 62.3%
Profit (loss) for the period to be appropriated9905€6,306€2,379▼ 62.3%
Line20242025Change
Assets
Total assets20/58€12,683€28,753▲ 127%
Fixed assets21/28€11,279€14,790▲ 31.1%
Tangible fixed assets22/27€2,279€5,790▲ 154%
Furniture and vehicles24€2,279€5,790▲ 154%
Financial fixed assets28€9,000€9,000=
Current assets29/58€1,404€13,963▲ 895%
Amounts receivable within one year40/41€499€10,440▲ 1,993%
Trade receivables40€499€10,440▲ 1,993%
Cash at bank and in hand54/58€905€3,523▲ 289%
Equity and liabilities
Total equity and liabilities10/49€12,683€28,753▲ 127%
Equity10/15€8,806€11,185▲ 27.0%
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€6,306€8,685▲ 37.7%
Amounts payable17/49€3,877€17,568▲ 353%
Amounts payable within one year42/48€3,877€17,568▲ 353%
Trade debts44-€5,373-
Suppliers440/4-€5,373-
Taxes, remuneration and social security45€3,283€12,068▲ 268%
Taxes450/3€3,283€9,568▲ 191%
Remuneration and social security454/9-€2,500-
Other amounts payable47/48€594€127▼ 78.7%
Line20242025Change
Profit (loss) for the period9904€6,306€2,379▼ 62.3%
+ Depreciation and write-downs630€1,956€1,489▼ 23.9%
Operating cash flow (approximation)€8,262€3,869▼ 53.2%
Investment in fixed assets (approximation)--€5,000-
Change in cash-€2,618-

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

Filings with the National Bank (2)
Financial year Type Filed Reference
30-12-2025 micro format 24-07-2026 2026-00343314
31-12-2024 micro format 11-07-2025 2025-00265521

Similar companies · same sector, comparable size

Of the 12,345 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,192. 4,078 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2025
ALI Enis Gyunay
Administrateur non statutaire · since 20-03-2024
Current
MUTLU Bahar
Director · since 01-10-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

3 people since 2024, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ALI Enis Gyunay
  • Administrateur non statutaire, from 20-03-2024 to date
MUTLU Bahar
  • Director, from 01-10-2025 to date
ALI Enis
  • Director, until 24-09-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 20-03-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 20-03-2024 Incorporation · €2,500 · 250 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

E & E trans was incorporated on 18 March 2024 as a private limited company by one natural person, with a starting capital of €2,500.12 The board currently has 2 members; ALI Enis Gyunay has served longest, since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-03-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
24-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
24-09
Gazette deed Resignation: ALI Enis (director)
Appointment: MUTLU Bahar (director) · Director discharge3 facts ▸
  • Director resignation, ALI Enis (director)
  • Director discharge, ALI Enis (director)
  • Director appointment, MUTLU Bahar (director)
11-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
20-03
Gazette deed Incorporation
Appointment: ALI Enis Gyunay (administrateur non statutaire) · Founder · Founding capital8 facts ▸
  • Incorporation, 15-03-2024
  • Founder, ALI Enis Gyunay
  • Founding capital, €2,500
  • Other provision, “Nature des autres titres” (deed in French)
  • Other provision, /, “site_internet_adresse_électronique” (deed in French)
  • Board rule, 1, “fondateur” (deed in French)
  • Director appointment, ALI Enis Gyunay (administrateur non statutaire)
  • Pre-incorporation commitments, “takeover, engagements_obligations_activités_au_nom_pour_compte_société_en_formation” (deed in French)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded18-03-2024
Financial year end30-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007266311
Also 9925:BE1007266311
Registered 17-12-2025

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

Register as of 21 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
207 m²
Building footprint
200 m²
Building volume
1,776 m³
Parcel 21910E0044/00M004, Brussels · tallest building 20.2 m. Linked by address, not a title deed.
1 establishment unit
Gallaitstraat 32, 1030 Schaarbeek
Freight transport by road
since 2024unit no. 2.359.295.267
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21910E0044/00M004 Brussels 207 m² 1 · 200 m² 20.2 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Toutes opérations généralement quelconques, commerciales, industrielles ou financières, mobilières ou immobilières, se rapportant…” (deed in French)
9 activities (deed in French)
  1. Toutes opérations généralement quelconques, commerciales, industrielles ou financières, mobilières ou immobilières, se rapportant directement ou indirectement au transport sous toutes ses formes d’objets mobiliers et de personnes.
  2. Le transport national et international sous toutes ses formes de colis et d’objet mobiliers de toute nature et de tout poids.
  3. Le transport national et international de personnes.
  4. La société peut organiser comme entrepreneur, sous entrepreneur ou intermédiaire, la vente de billets pour tout moyen de transport.
  5. Elle peut organiser toutes opérations de transport terrestre, maritime et aérien.
  6. L’achat, la vente, l’importation, l’exportation, la location, le leasing, de véhicules neufs et/ou d’occasions, d’outillage et de matériels se rapportant ou non au secteur automoteur, de pièces détachées et accessoires, de tout bien meuble et mobiliers d’une manière générale.
  7. La gestion dans la plus large acceptation du terme, de son patrimoine mobilier et immobilier et plus précisément sa mise en location et son entretien.
  8. Dans le cadre de cette gestion, la société pourra notamment acquérir, aliéner, prendre et donner à bail tous biens meubles et immeubles, contracter et consentir tout emprunt hypothécaire ou non, cette liste n’étant pas limitative.
  9. La mise à disposition d’immeubles, à titre onéreux et/ou à titre gratuit, notamment au profit de son administrateur.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
E & E trans
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique…” (deed in French)
“1030 Schaerbeek,Rue Gallait 32 ET02” (deed in French)

deed of 20-03-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, 1” (deed in French)

deed of 20-03-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, titulaires peuvent prendre connaissance du registre relatif à leurs titres” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“À peine de nullité, procédure et expertise” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“250, Chaque action donne un droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)

deed of 20-03-2024

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 January to 31 December

deed of 20-03-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Tout_temps_par_assemblée_générale_formes_modifications_statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Faculté_assemblée_désigner_liquidateurs_déterminer_pouvoirs_émoluments…” (deed in French)

deed of 20-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, lorsque les actions ne sont pas entièrement libérées” (deed in French)
Other provision: “Apport en numéraire avec émission de nouvelles actions-Droit de préférence, par courrier électronique,ou par courrier ordinaire pour les…” (deed in French)
Other provision: “Compte de capitaux propres statutairement indisponible” (deed in French)
Other provision: “Indivisibilité des titres, sauf disposition spéciale contraire dans statuts,testament ou convention créant l’usufruit,en cas de démembrement…” (deed in French)
Other provision: “Rémunération des administrateurs, si mandat exercé gratuitement ou non” (deed in French)
Other provision: “Gestion journalière, organe d’administration” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l’exige et dans les limites qu’elle prévoit” (deed in French)
Other provision: “Séances_procès-verbaux, liste_présences_rapports_procurations_votes_correspondance” (deed in French)
Other provision: “Une voix par action sauf actions sans droit vote, délibérations_assemblée_générale” (deed in French)
Other provision: “Répartition_réserves_acomptes_dividendes, organe_administration_autorisé_conformément_loi” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation, actif_net_entre_actionnaires_proportion_actions_remise_biens_même_proportion” (deed in French)
Other provision: “Au_siège_pour_communications_sommations_assignations_significations, élection_domicile” (deed in French)
Other provision: “Compétence_judiciaire, société_actionnaires_gérants_commissaires_liquidateurs_affaires_société_exécution_statuts” (deed in French)
3 more provisions in the deed, see the deed of 20-03-2024

deed of 20-03-2024