Equity
-€47,595
Debts exceed assets in financial year 2024.
FML Transport
Lifetime
2 annual accounts with figures on one time axispeak €5,816 (2023)
-€40,771▼ €46,587
lowest -€50,335 (2024)
-€50,335▼ €51,376
peak €2,740 (2023)
-€47,595▼ €50,335
€81,659▲ 88.3%
Board1 name since 2023
1 directorSALI Fatme Dzhevdzhet
Documentsfilings and deeds
13-03-2026225 days late
2024micro format
Gross margin from €5,816 to -€40,771Loss of €50,335Equity from €2,740 to -€47,595Debts from €43,356 to €81,6591 establishment registered
Key points
from the 2024 annual accountsResult
-€50,335 -€50,335
From profit to loss in 2024, after a profit of €1,040 in 2023.
Debts
€81,659 240% of the balance sheet
Financial debts 19%Suppliers 2%Taxes and wages 19%Other 60%
Of this, €69,538 falls due within a year.
Liquidity
0.00 was 0.57 in 2023
Short-term debts rose from €24,718 to €69,538.
Starting capital
€1,700 100 shares
Position in the sector
-139.7%
Lower solvency than 95% of companies in land transport. Sector median 37.2% · 6,605 companies.
2025 accounts not filed, 102 days past the deadlineTurnover not published (micro format)
Checked score
25
Weak
Financially stronger than 3% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
15.4% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.7%lowest value
01-2025: 3.9%▲ +0.2 percentage points vs 12-2024
02-2025: 3.9%● unchanged vs 01-2025
03-2025: 3.9%● unchanged vs 02-2025
04-2025: 4.0%▲ +0.1 percentage points vs 03-2025
05-2025: 4.0%● unchanged vs 04-2025
06-2025: 4.1%▲ +0.1 percentage points vs 05-2025
07-2025: 4.3%▲ +0.2 percentage points vs 06-2025
08-2025: 5.0%▲ +0.7 percentage points vs 07-2025
09-2025: 5.3%▲ +0.3 percentage points vs 08-2025
10-2025: 6.0%▲ +0.7 percentage points vs 09-2025
11-2025: 6.0%● unchanged vs 10-2025
12-2025: 6.8%▲ +0.8 percentage points vs 11-2025
01-2026: 8.5%▲ +1.7 percentage points vs 12-2025
02-2026: 8.5%● unchanged vs 01-2026
03-2026: 8.6%▲ +0.1 percentage points vs 02-2026
04-2026: 16.6%▲ +8.0 percentage points vs 03-2026highest value
05-2026: 16.6%● unchanged vs 04-2026
06-2026: 16.2%▼ -0.4 percentage points vs 05-2026
07-2026: 15.8%▼ -0.4 percentage points vs 06-2026
08-2026: 16.1%▲ +0.3 percentage points vs 07-2026
09-2026: 16.3%▲ +0.2 percentage points vs 08-2026
10-2026: 15.4%▼ -0.9 percentage points vs 09-2026
11-2026: 15.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 225 days late; 1 of the last 3 accounts late
Founded in 2023
Liquidity: current ratio 0.00
Loss of €50,335 (financial year 2024)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 5% of them on solvency, 1% on liquidity, 6% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as FML Transport has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FML Transport itself is higher: 15.4% within 12 months. It rests on far more data about FML Transport than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for FML Transport. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.0 (0.57 in 2023), below 1. Short-term debt is 204.1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€47,595
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 225 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-03-2026, 225 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
225 days late
2023
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 127 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
Recent changes
New establishment in Sint-Truiden
Brasserie De Bink, Grote Markt 39
Incorporation
Founding capital of €1,700, 100 shares · Founder: SALI Fatme Dzhevdzhet · Appointment: SALI Fatme Dzhevdzhet (director) · published on 16-06-2023 · Gazette deed
First establishment
Oeverstraat 5, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FML Transport Hasselt | €34,064 | -€40,771 | -139.7% | - |
| M.H.Z.R Anderlecht | €38,557 | -€2,464 | -15.1% | - |
| SNELSTE Vilvoorde | €35,160 | -€2,985 | -52.1% | - |
| A.M.I.GROUP Temse | €40,199 | -€19,126 | -1.5% | - |
| VIRITES Turnhout | €33,442 | -€6,993 | 44.2% | - |
| O.G TRANSPORT Anderlecht | €31,203 | -€2,228 | 19.6% | - |
| TRANS AP Fleurus | €40,935 | -€1,039 | -4.5% | - |
These companies have the same main activity as FML Transport: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €31,200 and €40,900, founded in 2023.
Official details
Source: KBO- Status
- Active since 14-06-2023Normal situation
- Activity
- Freight transport by roadNACE 49410and 3 others
- Establishment units
- 2.348.432.4553500 Hasselt, since 14-06-2023
- 2.360.530.0383800 Sint-Truiden, since 01-07-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on FML Transport
The computed 12-month bankruptcy probability of FML Transport is 15.4% (high). The 2024 annual accounts show negative equity (-€47,595) and a net result of -€50,335.
Its solvency ranks better than 5% of 6,605 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FML Transport
- What is the company number of FML Transport?
- The company number of FML Transport is 0802.741.613. The VAT number is the same number with BE in front: BE 0802.741.613.
- Where is FML Transport based?
- The registered office is at Oeverstraat 5, 3500 Hasselt.Company details
- What does FML Transport do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of FML Transport?
- FML Transport is a private limited company (BV).
- When was FML Transport founded?
- FML Transport was founded on 14-06-2023.
- Is FML Transport still active?
- Yes, FML Transport is an active enterprise in the KBO register.
- What is the turnover of FML Transport?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is FML Transport profitable?
- In financial year 2024, FML Transport made a loss of €50,335.
- Where can I find the annual accounts of FML Transport?
- FML Transport filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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