FM TRANS

Active

Private limited companyfounded 199134 yrs activeEuroparklaan 25, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0445.368.966

The computed 12-month bankruptcy probability of FM TRANS is 1.9% (moderate). For FM TRANS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-73k) and a net result of €-107k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 896 sector peers (fiscal year 2023). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Filing: At least two filing cycles are missing

Axes, FY 2023 · tick = 2022

Profitability0▼-91

Solvency11▼-21

Growth32▼-46

Track record100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 2023

Solvency, return and age of the figures

Solvency

-14.3%

Return on assets

-21%

Age of the figures

33 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 52

Relative position

BE, all sectors

reference

Sector 52

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline23-09-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

30 d late

2022

38 d early

2021

22 d late

2020

1 d early

2019

42 d early

← before the deadline after the 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 2023, abbreviated schema

Equity

€-73k

2022 · €34k

2018: €6k 2019: €-9k 2020: €-9k 2021: €-57k 2022: €34k

2018 → 2023

Total assets

€509k▼ 2.0%

2022 · €519k

2018: €433k 2019: €408k 2020: €377k 2021: €409k 2022: €519k

2018 → 2023

Net result

€-107k

2022 · €91k

2018: €-26k 2019: €-15k 2020: €122 2021: €-48k 2022: €91k

2018 → 2023

Working capital

€-39k

2022 · €56k

2018: €-27k 2019: €-30k 2020: €-66k 2021: €-61k 2022: €56k

2018 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020202120222023Trend

Equity€-9k-€-9k▲ 1.3%€-57k▼ 541%€34k€-73k

Operating result€1k-€8k▲ 489%€-21k€110k€-78k

Net result€-15k-€122€-48k€91k€-107k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2023: a loss of €78k after €110k in 2022, the lowest result in the available series.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Assets €509k

34.6%

65.4%

Fixed assets €176k▼ 22.4%

Current assets €333k▲ 13.9%

Key figures and ratios

2023 value · change against 2022

EBITDA

€-27k▼

2022 · €152k

Cash flow

€-56k▼

2022 · €133k

Solvency

-14.3%▼

2022 · 6.6%

Current ratio

0.89▼

2022 · 1.24

Quick ratio

0.89▼

2022 · 1.24

Debt / equity

-8.01▼

2022 · 14.24

ROA

-21.0%▼

2022 · 17.6%

Interest coverage

-0.88▼

2022 · 6.56

Debt

€581k▲

2022 · €485k

Debt ≤ 1 year

€372k▲

2022 · €236k

Debt > 1 year

€208k▼

2022 · €249k

Staff costs

€431k▲

2022 · €375k

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 · 2023 against 2022

Balance sheet Code20222023

Assets

Total assets20/58€519k€509k▼

Fixed assets21/28€227k€176k▼

Intangible fixed assets21€36k€27k▼

Tangible fixed assets22/27€186k€145k▼

Land and buildings22€7k€6k▼

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€176k€136k▼

Financial fixed assets28€5k€5k=

Current assets29/58€292k€333k▲

Amounts receivable within one year40/41€260k€315k▲

Trade receivables40€255k€290k▲

Other amounts receivable41€6k€25k▲

Cash at bank and in hand54/58€2k€4k▲

Deferred charges and accrued income490/1€30k€14k▼

Equity and liabilities

Total equity and liabilities10/49€519k€509k▼

Equity10/15€34k€-73k▼

Contributions10/11€29k€29k=

Reserves13€3k€3k=

Non-distributable reserves130/1€3k€2k▼

Reserves not available under the articles1311€3k€2k▼

Distributable reserves133-€2k

Profit (loss) carried forward14€2k€-105k▼

Amounts payable17/49€485k€581k▲

Amounts payable after more than one year17€249k€208k▼

Financial debts170/4€249k€208k▼

Amounts payable within one year42/48€236k€372k▲

Current portion of amounts payable after more than one year42€36k€47k▲

Financial debts43€67k€21k▼

Credit institutions430/8€67k€21k▼

Trade debts44€102k€259k▲

Suppliers440/4€102k€259k▲

Taxes, remuneration and social security45€5k€21k▲

Taxes450/3€2k€21k▲

Remuneration and social security454/9€3k-

Other amounts payable47/48€27k€25k▼

Accrued charges and deferred income492/3-€774

Income statement Code20222023

Non-recurring operating income76A€1k-

Remuneration, social security and pensions62€375k€431k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€51k▲

Other operating charges640/8€43k€44k▲

Non-recurring operating charges66A€15k€42k▲

Gross operating margin9900€585k€490k▼

Operating profit (loss)9901€110k€-78k▼

Financial income75/76B€5k€2k▼

Recurring financial income75€5k€2k▼

Financial charges65/66B€24k€31k▲

Recurring financial charges65€23k€31k▲

Non-recurring financial charges66B€341-

Profit (loss) for the period before taxes9903€91k€-107k▼

Profit (loss) for the period9904€91k€-107k▼

Profit (loss) for the period to be appropriated9905€91k€-107k▼

Appropriation of the result

Profit (loss) to be appropriated9906€2k€-105k▼

Profit (loss) brought forward from the previous period14P€-89k€2k▲

Social balance

Average headcount (FTE)90877.08.0▲

The notes to these accounts (16 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 13Financial 3Filings 10

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 30 days late

2023

31-12

Financial Weakest financial yearnet €-107k ▼217%

Net result drops to €-107k, the lowest in the series.

23-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Back to profitnet €91k

Net result €91k after one loss-making year.

22-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 22 days late

2021

30-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-12

Financial Back to profitnet €122

Net result €122 after 2 loss-making years.

19-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

29-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 29 days late

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 30 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 31 days late

2015

28-08

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 28 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Houthalen-Helchteren · 2 establishment units since 2016

establishment All 2 establishment units 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.

Europarklaan 253530 Houthalen-Helchteren

Ground area

2,712 m²

Building footprint

1,453 m²

Volume, LiDAR

6,458 m³

2 parcels, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

FM TRANS

Europarklaan 25, 3530 Houthalen-HelchterenNACE 45111

since 20162.261.685.058

BTL Berging

Molenblookstraat 63, 3690 ZutendaalNACE 45112

since 20172.263.337.028

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72015D0482/00D000	Flanders	1,692 m²	1 · 841 m²	6.9 m · 2 fl.
71582E0431/00R031	Flanders	1,020 m²	1 · 612 m²	5.6 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 4 entries · 6,575 EUR awarded · 6,575 EUR paid

Year	Entries	awarded	paid
2024	1	387 EUR	387 EUR
2023	1	179 EUR	179 EUR
2022	2	6,009 EUR	6,009 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 3,575 EUR · 3,575 EUR paid · Fonds voor Innoveren en Ondernemen

Subsidies ecologisch en veilig transport (stopgezet)

1 entry · 3,000 EUR · 3,000 EUR paid · Departement Mobiliteit en Openbare Werken

Similar companies · same sector, comparable size

VIG EXPRESS

BE 0692.915.342

Mont-Saint-Guibert · Eq €34k

Of 1,725 companies in sector 52210 we hold annual accounts for 771. 494 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-10-1991

Fiscal year end31-12

Activities, NACEBEL

52210Service activities incidental to land transportation

46711Wholesale of cars and light vans (up to 3.5 tonnes)

47811Retail sale of cars and light vans (up to 3.5 tonnes)

77110Renting and leasing of cars and light motor vehicles

Sources

Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.