FRANSTRANS
ActiveFRANSTRANS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €161k and a net result of €6k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 6714 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability17▼-48
Solvency100▲+4
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.93 in 2023), and 33.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
2 d early
2022
32 d late
2021
11 d early
2020
104 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€161k▲ 4.1%
2023 · €155k
2018: €59k
2019: €86k
2020: €87k
2021: €124k
2022: €116k
2023: €155k
2018 → 2024
Total assets
€244k▼ 13.4%
2023 · €281k
2018: €222k
2019: €197k
2020: €163k
2021: €161k
2022: €163k
2023: €281k
2018 → 2024
Net result
€6k▼ 72.4%
2023 · €20k
2018: €6k
2019: €29k
2020: €1k
2021: €37k
2022: €-8k
2023: €20k
2018 → 2024
Working capital
€44k▲ 2.8%
2023 · €42k
2018: €57k
2019: €63k
2020: €74k
2021: €121k
2022: €79k
2023: €42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€124k▲ 42.1%€116k▼ 6.4%€155k▲ 33.3%€161k▲ 4.1%
Operating result€4k-€51k▲ 1,078%€-7k€24k€12k▼ 49.6%
Net result€1k-€37k▲ 3,309%€-8k€20k€6k▼ 72.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €244k
Fixed assets
€160k▼ 17.3%
Current assets
€84k▼ 4.9%
Equity and liabilities €244k
Equity
€161k▲ 4.1%
Provisions
€7k▼ 25.3%
Debt
€75k▼ 35.6%
The debt ratio falls from 41.6% to 30.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€45k▼
2023 · €47k
Cash flow
€39k▼
2023 · €43k
Solvency
66.1%▲
2023 · 55.0%
Current ratio
2.09▲
2023 · 1.93
Quick ratio
2.09▲
2023 · 1.93
Debt / equity
0.47▼
2023 · 0.76
ROE
3.5%▼
2023 · 13.1%
ROA
2.3%▼
2023 · 7.2%
Interest coverage
13.47▼
2023 · 19.74
Debt
€75k▼
2023 · €117k
Debt ≤ 1 year
€40k▼
2023 · €46k
Debt > 1 year
€35k▼
2023 · €68k
Income taxes
€5k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€281k€244k▼
Fixed assets21/28€193k€160k▼
Tangible fixed assets22/27€190k€157k▼
Plant, machinery and equipment23€2k€929▼
Furniture and vehicles24€187k€155k▼
Other tangible fixed assets26€416€208▼
Financial fixed assets28€3k€3k=
Current assets29/58€88k€84k▼
Amounts receivable within one year40/41€44k€45k▲
Trade receivables40€23k€38k▲
Other amounts receivable41€21k€7k▼
Cash at bank and in hand54/58€25k€36k▲
Deferred charges and accrued income490/1€19k€3k▼
Equity and liabilities
Total equity and liabilities10/49€281k€244k▼
Equity10/15€155k€161k▲
Contributions10/11€19k€19k=
Reserves13€122k€114k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€30k▼
Distributable reserves133€82k€82k=
Profit (loss) carried forward14€14k€28k▲
Provisions and deferred taxes16€10k€7k▼
Deferred taxes168€10k€7k▼
Amounts payable17/49€117k€75k▼
Amounts payable after more than one year17€68k€35k▼
Financial debts170/4€68k€35k▼
Amounts payable within one year42/48€46k€40k▼
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€0€2k▲
Suppliers440/4€0€2k▲
Taxes, remuneration and social security45€7k-
Taxes450/3€5k-
Remuneration and social security454/9€2k-
Other amounts payable47/48€21k€20k▼
Accrued charges and deferred income492/3€4k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€33k▲
Other operating charges640/8€1k€751▼
Gross operating margin9900€48k€46k▼
Operating profit (loss)9901€24k€12k▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€21k€9k▼
Transfer from deferred taxes780-€2k
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€20k€6k▼
Transfer from tax-exempt reserves789-€5k
Profit (loss) for the period to be appropriated9905€20k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€28k▲
Profit (loss) brought forward from the previous period14P€-6k€18k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Equity above €150kEq €155k ▲33.3%
Equity rises from €116k to €155k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼122%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €37k ▲3309%
Operating result €51k, net result €37k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.84
Current ratio from 1.98 to 4.84; short-term debt falls from €75k to €32k.
31-12
Financial
Equity above €100kEq €124k ▲42.1%
4 profitable years in a row build equity to €124k.
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 104 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2023
BRUYNINCKX Frans Gustaaf Maria
CurrentDirector · since 26-12-2023
COCRIAMON Beni Johan Lucien
CurrentDirector · since 26-12-2023
26-12-2023
BRUYNINCKX Frans Gustaaf Maria: Appointed as Director
26-12-2023
COCRIAMON Beni Johan Lucien: Appointed as Director
26-12-2023
BRUYNINCKX Frans: Resigned as Manager
26-12-2023
COCRIAMON Beni: Resigned as Manager
Location & real-estate footprint
Registered office, Pajottegem · 1 establishment unit since 1991
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.
Terlindenstraat(HF) 81540 PajottegemGround area
727 m²
Building footprint
397 m²
Volume, LiDAR
1,576 m³
Parcel 23031B0653/00T000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FRANSTRANS
since 19912.050.953.053
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23031B0653/00T000 | Flanders | 727 m² | 1 · 396 m² | 7.4 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,790 EUR awarded · 1,790 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 290 EUR | 290 EUR |
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
Deco Logistics
BE 0822.214.164
Kortrijk · Eq €161k
Transports Fernand Michel
BE 0412.777.263
La Louvière · Eq €161k
SKY TRANSPORT & LOGISTICS
BE 0775.598.538
Machelen (Brab.) · Eq €161k
Vandewiele
BE 0816.866.890
Zonnebeke · Eq €161k
Stin Agri
BE 1009.193.542
Harelbeke · Eq €161k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,086. 6,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-08-1990
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.