Ilyas Trans
ActiveSummary
The computed 12-month bankruptcy probability of Ilyas Trans is 2.8% (moderate). For Ilyas Trans, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €63,138 and a net result of €21,767. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 5598 sector peers (fiscal year 2022). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability84▲+27
Solvency87▲+23
Growth41▼-27
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2022Solvency, return and age of the figures
Solvency
62.3%
Return on assets
21.5%
Age of the figures
51 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 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 · 5 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 07-03-2023, 35 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 · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
35 d late
2021
359 d late
2020
15 d late
2019
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 104 days after 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)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€280,794▼ 27.0%
2021 · €384,769
EBIT margin
9.1%▲ 8.8pp
2021 · 0.3%
Net result
€21,767▲ 1,523%
2021 · €1,342
Working capital
€45,247▲ 46.5%
2021 · €30,879
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Turnover€307,593€384,769▲ 25.1%€280,794▼ 27.0%
Operating result€35,597-€16,608▼ 53.3%€1,166▼ 93.0%€25,569▲ 2,093%
Net result€22,956-€12,685within the sector's middle half▼ 44.7%€1,342within the sector's middle half▼ 89.4%€21,767within the sector's middle half▲ 1,523%
EBIT margin5.4%0.3%▼ 5.1pp9.1%▲ 8.8pp
Equity€27,344-€40,030within the sector's middle half▲ 46.4%€41,371within the sector's middle half▲ 3.4%€63,138within the sector's middle half▲ 52.6%
Total assets€54,811-€62,954within the sector's middle half▲ 14.9%€107,253within the sector's middle half▲ 70.4%€101,396within the sector's middle half▼ 5.5%
Debt€27,467-€22,924▼ 16.5%€65,881▲ 187%€38,257▼ 41.9%
Working capital€494-€20,780within the sector's middle half▲ 4,104%€30,879within the sector's middle half▲ 48.6%€45,247within the sector's middle half▲ 46.5%
Solvency49.9%-63.6%within the sector's middle half▲ 13.7pp38.6%within the sector's middle half▼ 25.0pp62.3%within the sector's middle half▲ 23.7pp
Current ratio1.02-1.91within the sector's middle half▲ 0.891.47within the sector's middle half▼ 0.442.18within the sector's middle half▲ 0.71
Return on assets (ROA)41.9%-20.2%above the sector's middle half▼ 21.7pp1.3%within the sector's middle half▼ 18.9pp21.5%above the sector's middle half▲ 20.2pp
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
The operating result recovers in 2022; 2022 is 2,093% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €101,396
Fixed assets
€17,892 ▲ 70.5%
Current assets
€83,504 ▼ 13.7%
Equity and liabilities €101,396
Equity
€63,138 ▲ 52.6%
Debt
€38,257 ▼ 41.9%
Debt's share of the balance-sheet total falls from 61.4% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28,169▲
2021 · €8,766
Cash flow
€24,367▲
2021 · €8,942
Debt to equity
0.61▼
2021 · 1.59
ROE
34.5%▲
2021 · 3.2%
Interest coverage
51.25▲
2021 · 28.77
Debt ≤ 1 year
€38,257▼
2021 · €65,881
Income taxes
€5,917▲
2021 · €1,091
Staff costs
€81,523▼
2021 · €142,953
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €307,593 | €384,769 | €280,794 | ▼ 27.0% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €222,978 | €170,869 | ▼ 23.4% |
| Remuneration, social security and pensions62 | - | - | €142,953 | €81,523 | ▼ 43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,600 | €7,600 | €7,600 | €2,600 | ▼ 65.8% |
| Other operating charges640/8 | - | - | €10,072 | €234 | ▼ 97.7% |
| Gross operating margin9900 | €201,950 | €112,378 | €161,791 | €109,926 | ▼ 32.1% |
| Operating profit (loss)9901 | €35,597 | €16,608 | €1,166 | €25,569 | ▲ 2,093% |
| Financial income75/76B | - | - | €1,571 | €2,665 | ▲ 69.7% |
| Recurring financial income75 | €391 | - | €1,571 | €2,665 | ▲ 69.7% |
| Financial charges65/66B | - | - | €305 | €550 | ▲ 80.4% |
| Recurring financial charges65 | €581 | €672 | €305 | €550 | ▲ 80.4% |
| Profit (loss) for the period before taxes9903 | €35,407 | €15,936 | €2,432 | €27,685 | ▲ 1,038% |
| Income taxes67/77 | €12,451 | €3,251 | €1,091 | €5,917 | ▲ 443% |
| Profit (loss) for the period9904 | €22,956 | €12,685 | €1,342 | €21,767 | ▲ 1,523% |
| Profit (loss) for the period to be appropriated9905 | €22,956 | €12,685 | €1,342 | €21,767 | ▲ 1,523% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €54,811 | €62,954 | €107,253 | €101,396 | ▼ 5.5% |
| Fixed assets21/28 | €26,850 | €19,250 | €10,492 | €17,892 | ▲ 70.5% |
| Tangible fixed assets22/27 | €17,800 | €10,200 | €2,600 | - | - |
| Furniture and vehicles24 | - | - | €2,600 | - | - |
| Financial fixed assets28 | €9,050 | €9,050 | €7,892 | €17,892 | ▲ 127% |
| Current assets29/58 | €27,961 | €43,704 | €96,761 | €83,504 | ▼ 13.7% |
| Amounts receivable within one year40/41 | €21,736 | €17,231 | €56,037 | €65,548 | ▲ 17.0% |
| Trade receivables40 | - | - | €6,489 | - | - |
| Other amounts receivable41 | - | - | €49,549 | €65,548 | ▲ 32.3% |
| Cash at bank and in hand54/58 | €6,224 | €26,473 | €40,723 | €17,956 | ▼ 55.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €54,811 | €62,954 | €107,253 | €101,396 | ▼ 5.5% |
| Equity10/15 | €27,344 | €40,030 | €41,371 | €63,138 | ▲ 52.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | €14,944 | €27,630 | €28,971 | €50,738 | ▲ 75.1% |
| Amounts payable17/49 | €27,467 | €22,924 | €65,881 | €38,257 | ▼ 41.9% |
| Amounts payable within one year42/48 | €27,467 | €22,924 | €65,881 | €38,257 | ▼ 41.9% |
| Trade debts44 | €11,640 | €13,825 | €37,838 | €18,921 | ▼ 50.0% |
| Suppliers440/4 | - | - | €37,838 | €18,921 | ▼ 50.0% |
| Taxes, remuneration and social security45 | - | - | €28,044 | €19,336 | ▼ 31.1% |
| Taxes450/3 | - | - | €7,568 | €13,486 | ▲ 78.2% |
| Remuneration and social security454/9 | - | - | €20,475 | €5,850 | ▼ 71.4% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,956 | €12,685 | €1,342 | €21,767 | ▲ 1,523% |
| + Depreciation and write-downs630 | €7,600 | €7,600 | €7,600 | €2,600 | ▼ 65.8% |
| Operating cash flow (approximation) | €30,556 | €20,285 | €8,942 | €24,367 | ▲ 173% |
| Investment in fixed assets (approximation) | - | €0 | €1,158 | -€10,000 | ▼ 964% |
| Change in cash | - | €20,248 | €14,251 | -€22,768 | ▼ 260% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
19-03
State Gazette act
Resignation: Rana Tariq Mahmood (director)Appointment: Santo Palermo (director) · Share transfer · Registered-office move5 facts ▸
State Gazette act
Resignation: Rana Tariq Mahmood (director)
Appointment: Santo Palermo (director) · Share transfer · Registered-office move5 facts ▸
- General meeting, 01/02/2026
- Director resignation, Rana Tariq Mahmood (director)
- Director appointment, Santo Palermo (director)
- Share transfer, Ilyas Trans → Santo Palermo
- Registered-office move, De Kleetlaan 5BC-1831 Machelen
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 35 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 359 days late
2021
30-06
Financial
Weakest financial yearnet €1,342 ▼89.4%
Net result drops to €1,342, the lowest in the series; recovery starts the following year.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2026
Santo Palermo
CurrentDirector · since 01-02-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2016
Ground area
1.3 ha
Building footprint
2,494 m²
Volume, LiDAR
49,680 m³
2 parcels, Flanders · tallest building 26.1 m, ±7 floors. Linked by address, not a title deed.
152
companies at this address
See who is registered here
1 establishment unit
Ilyas Trans
since 20162.260.787.611
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0091/00Z003 | Flanders | 8,805 m² | 1 · 1,328 m² | 26.1 m · 7 fl. |
| 23015B0091/00S003 | Flanders | 4,582 m² | 1 · 1,166 m² | 22.4 m · 6 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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Santo Palermo |
|
| Rana Tariq Mahmood |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Similar companies · same sector, comparable size
DRIVE-IT
BE 0671.920.780
Brugge · Eq €63,146
TRANSAL
BE 0458.307.677
Ans · Eq €63,118
LOCHT TRANSPORTS ET LOGISTIQUE
BE 0893.587.853
Voeren · Eq €63,165
INAZ
BE 0803.765.853
Vilvoorde · Eq €63,203
Belimex
BE 0466.897.523
Sint-Truiden · Eq €63,070
Of 12,573 companies in this sector we hold annual accounts for 8,205. 6,145 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded17-10-2016
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
Contact
E-mail
Info@ilyastrans.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0664685471
Also
9925:BE0664685471
Registered
26-02-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.