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GS TRANS

Active Private limited companyfounded 2001active for 24 yearsSneppestraat 6, 8820 TorhoutKBO/BCE: BE 0476.216.451

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €64,006 (2006)
€39,734▲ 91.1%
lowest -€31,642 (2011)
€9,294▲ €14,742
peak €38,196 (2020)
€37,081▲ 33.4%
€54,595▼ 18.8%
peak 0.1 FTE (2010)
-not published
Board1 name since 2001
1 director
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €20,789 to €39,734Back to profit: €9,294Equity from €27,787 to €37,081Debts from €67,231 to €54,595Cash from €5,827 to €18,307

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Liquidity

2.50 was 0.62 in 2024

Short-term debts fell from €67,231 to €22,967.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 38 to 44 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as GS TRANS has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 31,386 companies, not a prediction for GS TRANS. 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

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Signals

Board and ownership

Director, since 26-11-2001
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0476216451
Appointment: (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
First establishment Sneppestraat 6, Torhout
Incorporation published on 13-12-2001 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
GS TRANS Torhout €91,676 €39,734 40.4% -
VAWACO Pittem €89,851 €35,573 47.2% -
WIMTRANS Aalst €97,463 €34,451 28.5% -
GEEROTRANS Erpe-Mere €92,138 €37,041 -10.4% -
MARTITRANS Stekene €104,046 €37,091 50.4% -
THEO'S Zelzate €95,455 €50,888 44.5% -
VAN SCHOOTE PETER Bertem €87,856 €42,674 76.8% -

These companies have the same main activity as GS TRANS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €87,900 and €104,000, founded between 1997 and 2003.

Official details

Source: KBO
Status
Active since 03-12-2001Normal situation
Activity
Freight transport by roadNACE 49410
Establishment unit
2.095.490.1098820 Torhout, since 07-01-2002
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€91,676▼ 3.5%
Filing
Filed on 22-06-2026, 39 days before the end of the filing period
Financials

Insights on GS TRANS

GS TRANS files the micro format. That format states no turnover. The gross margin fell from €64,006 in 2006 to €39,734 in 2025.

The balance sheet grew most from 2018 to 2019 through fixed assets.

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 GS TRANS

What is the company number of GS TRANS?
The company number of GS TRANS is 0476.216.451. The VAT number is the same number with BE in front: BE 0476.216.451.
Where is GS TRANS based?
The registered office is at Sneppestraat 6, 8820 Torhout.Company details
What does GS TRANS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of GS TRANS?
GS TRANS is a private limited company (BV).
When was GS TRANS founded?
GS TRANS was founded on 03-12-2001.
Is GS TRANS still active?
Yes, GS TRANS is an active enterprise in the KBO register.
What is the turnover of GS TRANS?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €39,734 and 63 comparable companies (NACE 49410). It probably lies between €110,000 and €230,000.Financials
Is GS TRANS profitable?
In financial year 2025, GS TRANS made a profit of €9,294.
Where can I find the annual accounts of GS TRANS?
GS TRANS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GS TRANS due?
GS TRANS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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