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GOTRANSBEL

Active
Limited partnershipfounded 201313 yrs activeWatermolenweg 16, 1701 Dilbeek, BelgiumKBO/BCE: BE 0502.971.229
Summary

GOTRANSBEL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81,554 and a net result of €17,656. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 74% of 6720 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability86▼-14
Solvency88▼-12
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 3.59 against 11.83 in 2023; short-term debt: 14% and cash: 17.8% of total assets), and 36.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
lowers risk · 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
highest failure risk from 2 to 8 years 13 years 0 20 y
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
182021222324
2018 to 2024 · latest year €81,554
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-08-2025, 16 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
16 d late
2023
7 d late
2022
42 d early
2021
34 d early
2020
18 d early
2018
16 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

GOTRANSBEL was incorporated on 1 February 2013.1 Total assets rose from EUR 105,857 in 2018 to EUR 128,631 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€81,554▲ 27.6%
2023 · €63,898
Total assets
€128,631▲ 90.9%
2023 · €67,385
Net result
€17,656▼ 17.2%
2023 · €21,314
Working capital
€46,713▲ 23.7%
2023 · €37,755
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€20,537--€70▲ 99.7%-€237▼ 238%€21,493€27,229▲ 26.7%
Net result-€20,199below the sector's middle half--€3,190below the sector's middle half▲ 84.2%-€437within the sector's middle half▲ 86.3%€21,314within the sector's middle half€17,656within the sector's middle half▼ 17.2%
Equity€46,212within the sector's middle half-€43,022within the sector's middle half▼ 6.9%€42,584within the sector's middle half▼ 1.0%€63,898within the sector's middle half▲ 50.1%€81,554within the sector's middle half▲ 27.6%
Total assets€58,759within the sector's middle half-€59,546within the sector's middle half▲ 1.3%€52,172within the sector's middle half▼ 12.4%€67,385within the sector's middle half▲ 29.2%€128,631within the sector's middle half▲ 90.9%
Debt€12,547-€16,524▲ 31.7%€9,588▼ 42.0%€3,487▼ 63.6%€47,077▲ 1,250%
Working capital€24,587within the sector's middle half-€16,307within the sector's middle half▼ 33.7%€16,155within the sector's middle half▼ 0.9%€37,755within the sector's middle half▲ 134%€46,713within the sector's middle half▲ 23.7%
Solvency78.6%above the sector's middle half-72.2%above the sector's middle half▼ 6.4pp81.6%above the sector's middle half▲ 9.4pp94.8%above the sector's middle half▲ 13.2pp63.4%within the sector's middle half▼ 31.4pp
Current ratio3.42above the sector's middle half-1.99within the sector's middle half▼ 1.432.69above the sector's middle half▲ 0.7011.83above the sector's middle half▲ 9.143.59above the sector's middle half▼ 8.24
Return on assets (ROA)-34.4%below the sector's middle half--5.4%below the sector's middle half▲ 29.0pp-0.8%within the sector's middle half▲ 4.5pp31.6%above the sector's middle half▲ 32.5pp13.7%within the sector's middle half▼ 17.9pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€20,537-€20,537Net result 2020: -€20,199-€20,199Operating result 2021: -€70-€70Net result 2021: -€3,190-€3,190Operating result 2022: -€237-€237Net result 2022: -€437-€437Operating result 2023: €21,493€21,493Net result 2023: €21,314€21,314Operating result 2024: €27,229€27,229Net result 2024: €17,656€17,65620202021202220232024-€10,000€0€10,000€20,000€30,000Operating result 2022: -€237-€237Net result 2022: -€437-€437Operating result 2023: €21,493€21,500Net result 2023: €21,314€21,300Operating result 2024: €27,229€27,200Net result 2024: €17,656€17,700202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 27% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128,631
Fixed assets €63,880 ▲ 144%
Current assets €64,751 ▲ 57.0%
Equity and liabilities €128,631
Equity €81,554 ▲ 27.6%
Debt €47,077 ▲ 1,250%
Debt's share of the balance-sheet total rises from 5.2% to 36.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€28,666▲
2023 · €21,779
Cash flow
€19,092▼
2023 · €21,600
Debt to equity
0.58▲
2023 · 0.05
ROE
21.6%▼
2023 · 33.4%
Interest coverage
47.38▼
2023 · 120.67
Debt ≤ 1 year
€18,037▲
2023 · €3,487
Debt > 1 year
€29,039
Income taxes
€8,976
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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 · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€67,385€128,631▲
Fixed assets21/28€26,143€63,880▲
Tangible fixed assets22/27€2,143€39,880▲
Land and buildings22€2,143€1,857▼
Furniture and vehicles24-€38,023
Financial fixed assets28€24,000€24,000=
Current assets29/58€41,242€64,751▲
Amounts receivable within one year40/41€31,160€41,878▲
Trade receivables40€13,980€11,543▼
Other amounts receivable41€17,180€30,335▲
Cash at bank and in hand54/58€10,082€22,873▲
Equity and liabilities
Total equity and liabilities10/49€67,385€128,631▲
Equity10/15€63,898€81,554▲
Contributions10/11€275€275=
Profit (loss) carried forward14€63,623€81,279▲
Amounts payable17/49€3,487€47,077▲
Amounts payable after more than one year17-€29,039
Financial debts170/4-€29,039
Amounts payable within one year42/48€3,487€18,037▲
Current portion of amounts payable after more than one year42-€13,472
Trade debts44-€589
Suppliers440/4-€589
Taxes, remuneration and social security45€87€3,976▲
Taxes450/3€87€3,976▲
Other amounts payable47/48€3,400-
Income statement Code20232024
Non-recurring operating income76A€10,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€286€1,436▲
Other operating charges640/8€5,997€4,750▼
Gross operating margin9900€27,776€33,416▲
Operating profit (loss)9901€21,493€27,229▲
Financial income75/76B€1€8▲
Recurring financial income75€1€8▲
Financial charges65/66B€180€605▲
Recurring financial charges65€180€605▲
Profit (loss) for the period before taxes9903€21,314€26,632▲
Income taxes67/77-€8,976
Profit (loss) for the period9904€21,314€17,656▼
Profit (loss) for the period to be appropriated9905€21,314€17,656▼
Appropriation of the result
Profit (loss) to be appropriated9906€63,623€81,279▲
Profit (loss) brought forward from the previous period14P€42,309€63,623▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€10,000--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,686€143€286€286€1,436▲ 403%
Other operating charges640/8-€2,167€2,156€5,997€4,750▼ 20.8%
Gross operating margin9900-€15,090€2,240€2,205€27,776€33,416▲ 20.3%
Operating profit (loss)9901-€20,537-€70-€237€21,493€27,229▲ 26.7%
Financial income75/76B-€0-€1€8▲ 686%
Recurring financial income75€1,009€0-€1€8▲ 686%
Financial charges65/66B-€389€201€180€605▲ 235%
Recurring financial charges65€670€389€201€180€605▲ 235%
Profit (loss) for the period before taxes9903-€20,198-€458-€437€21,314€26,632▲ 25.0%
Income taxes67/77€1€2,732--€8,976-
Profit (loss) for the period9904-€20,199-€3,190-€437€21,314€17,656▼ 17.2%
Profit (loss) for the period to be appropriated9905-€20,199-€3,190-€437€21,314€17,656▼ 17.2%
Line20202021202220232024Change
Assets
Total assets20/58€58,759€59,546€52,172€67,385€128,631▲ 90.9%
Fixed assets21/28€24,000€26,715€26,429€26,143€63,880▲ 144%
Tangible fixed assets22/27-€2,715€2,429€2,143€39,880▲ 1,761%
Land and buildings22-€2,715€2,429€2,143€1,857▼ 13.3%
Furniture and vehicles24----€38,023-
Financial fixed assets28€24,000€24,000€24,000€24,000€24,000=
Current assets29/58€34,759€32,831€25,743€41,242€64,751▲ 57.0%
Amounts receivable within one year40/41€30,460€8,116€20,136€31,160€41,878▲ 34.4%
Trade receivables40-€6,104€18,775€13,980€11,543▼ 17.4%
Other amounts receivable41-€2,012€1,361€17,180€30,335▲ 76.6%
Cash at bank and in hand54/58€4,299€24,715€5,607€10,082€22,873▲ 127%
Equity and liabilities
Total equity and liabilities10/49€58,759€59,546€52,172€67,385€128,631▲ 90.9%
Equity10/15€46,212€43,022€42,584€63,898€81,554▲ 27.6%
Contributions10/11-€250€250€275€275=
Reserves13€25€25€25---
Non-distributable reserves130/1-€25€25---
Reserves not available under the articles1311-€25€25---
Profit (loss) carried forward14€45,937€42,747€42,309€63,623€81,279▲ 27.8%
Amounts payable17/49€12,547€16,524€9,588€3,487€47,077▲ 1,250%
Amounts payable after more than one year17€2,375---€29,039-
Financial debts170/4----€29,039-
Amounts payable within one year42/48€10,172€16,524€9,588€3,487€18,037▲ 417%
Current portion of amounts payable after more than one year42-€2,375--€13,472-
Trade debts44€485€231€4,197-€589-
Suppliers440/4-€231€4,197-€589-
Taxes, remuneration and social security45--€486€87€3,976▲ 4,494%
Taxes450/3--€486€87€3,976▲ 4,494%
Other amounts payable47/48-€13,918€4,905€3,400--
Line20202021202220232024Change
Profit (loss) for the period9904-€20,199-€3,190-€437€21,314€17,656▼ 17.2%
+ Depreciation and write-downs630€4,686€143€286€286€1,436▲ 403%
Operating cash flow (approximation)-€15,514-€3,047-€152€21,600€19,092▼ 11.6%
Investment in fixed assets (approximation)--€2,858€0€0-€39,174-
Change in cash-€20,416-€19,108€4,474€12,791▲ 186%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-09
State Gazette act Registered office
Registered-office move · Power of attorney3 facts ▸
  • General meeting, 15-08-2026
  • Registered-office move, Watermolenstraat 16
  • Power of attorney, VILLANCE Noël
2025
16-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
07-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial Back to profitnet €21,314
Net result €21,314 after 3 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 11.83
Current ratio from 2.69 to 11.83; short-term debt falls from €9,588 to €3,487.
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€20,199
Net result drops to -€20,199, the lowest in the series; recovery starts the following year.
2019
16-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
16-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
13-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dilbeek · 2 establishment units since 2013
seat establishment All 2 establishment units on the map
Ground area
770 m²
Building footprint
294 m²
Volume, LiDAR
1,100 m³
2 parcels, Brussels, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
GOTRANSBEL
Peter Benoitstraat 21, 1040 EtterbeekNon-scheduled passenger transport by road
since 20132.216.494.837
Watermolenweg 16, 1701 Dilbeek
Non-scheduled passenger transport by road
since 20192.287.647.406
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23037C0025/00C000 Flanders 621 m² 1 · 220 m² -
21363B0427/00P004 Brussels 149 m² 1 · 73 m² 18.2 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 6,684 companies in sector 49330 we hold annual accounts for 2,300. 1,708 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded01-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
52210Service activities incidental to land transportation
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0502971229
Also 9925:BE0502971229
Registered 01-09-2025

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

Register as of 28 September 2026 · Peppol Directory

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