ES-ES TRANS

Active

Private limited companyfounded 20206 yrs activeKerkhofstraat 63, 1785 Merchtem, BelgiumKBO/BCE: BE 0743.932.293

The computed 12-month bankruptcy probability of ES-ES TRANS is 3.2% (moderate). The 2025 annual accounts show equity of €26k and a net result of €-7k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 4472 sector peers (fiscal year 2025). 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 2025

45 / 100

Fair▼ -49 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency79▼-4

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 1.55 against 1.7 in 2024), but 55.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six 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 2025

Solvency, return and age of the figures

Solvency

44.1%

Return on assets

-12.4%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filings

Deviation from the deadline

2025

31 d late

2024

29 d late

2023

30 d late

2022

31 d late

2021

107 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity

€26k▼ 21.9%

2024 · €33k

2021: €22k 2022: €23k 2023: €21k 2024: €33k

2021 → 2025

Total assets

€59k▼ 21.0%

2024 · €74k

2021: €39k 2022: €60k 2023: €60k 2024: €74k

2021 → 2025

Net result

€-7k

2024 · €13k

2021: €7k 2022: €1k 2023: €-3k 2024: €13k

2021 → 2025

Working capital

€17k▼ 25.4%

2024 · €23k

2021: €16k 2022: €11k 2023: €9k 2024: €23k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€22k-€23k▲ 4.8%€21k▼ 10.9%€33k▲ 61.3%€26k▼ 21.9%

Operating result€10k-€2k▼ 75.6%€814▼ 65.3%€21k▲ 2,535%€-6k

Net result€7k-€1k▼ 84.7%€-3k€13k€-7k

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 €6k after €21k in 2024, the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €59k

17.7%

82.3%

Fixed assets €10k▼ 43.8%

Current assets €48k▼ 13.4%

Equity and liabilities €59k

44.1%

55.9%

Equity €26k▼ 21.9%

Debt €33k▼ 20.2%

The debt ratio rises from 55.4% to 55.9%: equity shrinks faster than debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€2k▼

2024 · €30k

Cash flow

€814▼

2024 · €21k

Solvency

44.1%▼

2024 · 44.6%

Current ratio

1.55▼

2024 · 1.70

Quick ratio

1.55▼

2024 · 1.70

Debt / equity

1.27▲

2024 · 1.24

ROE

-28.1%▼

2024 · 38.0%

ROA

-12.4%▼

2024 · 17.0%

Interest coverage

0.74▼

2024 · 14.42

Debt

€33k▼

2024 · €41k

Debt ≤ 1 year

€31k▼

2024 · €33k

Debt > 1 year

€2k▼

2024 · €8k

Income taxes

€-1▼

2024 · €8k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€74k€59k▼

Fixed assets21/28€18k€10k▼

Tangible fixed assets22/27€18k€10k▼

Plant, machinery and equipment23€924€650▼

Furniture and vehicles24€17k€10k▼

Financial fixed assets28€135€135=

Current assets29/58€56k€48k▼

Amounts receivable within one year40/41€54k€47k▼

Trade receivables40€24k€19k▼

Other amounts receivable41€30k€28k▼

Deferred charges and accrued income490/1€1k€1k▼

Equity and liabilities

Total equity and liabilities10/49€74k€59k▼

Equity10/15€33k€26k▼

Contributions10/11€15k€15k=

Reserves13€13k€13k=

Distributable reserves133€13k€13k=

Profit (loss) carried forward14€6k€-2k▼

Amounts payable17/49€41k€33k▼

Amounts payable after more than one year17€8k€2k▼

Financial debts170/4€8k€2k▼

Amounts payable within one year42/48€33k€31k▼

Current portion of amounts payable after more than one year42€7k€7k▲

Financial debts43€10k€10k▼

Credit institutions430/8€10k€10k▼

Trade debts44€1k€3k▲

Suppliers440/4€1k€3k▲

Taxes, remuneration and social security45€15k€12k▼

Taxes450/3€15k€12k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=

Other operating charges640/8€2k€2k▼

Gross operating margin9900€31k€4k▼

Operating profit (loss)9901€21k€-6k▼

Financial income75/76B€1k€2k▲

Recurring financial income75€1k€2k▲

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€20k€-7k▼

Income taxes67/77€8k€-1▼

Profit (loss) for the period9904€13k€-7k▼

Profit (loss) for the period to be appropriated9905€13k€-7k▼

Appropriation of the result

Profit (loss) to be appropriated9906€18k€-2k▼

Profit (loss) brought forward from the previous period14P€6k€6k▲

Transfer to equity691/2€13k-

To other reserves6921€13k-

The notes to these accounts (6 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 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

31-12

Financial Weakest financial yearnet €-7k ▼158%

Net result drops to €-7k, the lowest in the series.

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Back to profitnet €13k

Net result €13k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

15-04

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.

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, Merchtem · 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.

Kerkhofstraat 631785 Merchtem

Ground area

335 m²

Building footprint

108 m²

Parcel 23602H0695/00X002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.

1 establishment unit

ES-ES TRANS

Kerkhofstraat 63, 1785 MerchtemFreight transport by road

since 20202.301.630.549

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23602H0695/00X002	Flanders	334 m²	1 · 108 m²	0.1 m

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.

Similar companies · same sector, comparable size

AG TRANSPORT & SERVICES

BE 0689.867.958

Kapelle-op-den-Bos · Eq €26k

Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 5,226 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-02-2020

Fiscal year end31-12

Activities, NACEBEL

49410Freight transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.