Equity
€324,744 ▲ 13.5%
JONITRANS has made a profit without a break since 2018.
JONITRANS
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €2.7m (2024)
€2.7m▼ 1.1%
lowest -€9,647 (2010)
€38,665▼ 69.0%
peak €324,744 (2025)
€324,744▲ 13.5%
€980,213▼ 15.2%
peak 45.4 FTE (2024)
43.4 FTE▼ 4.4%
Board9 names since 2018
7 directorsGryp Frederick and 6 others
Documentsfilings and deeds
04-05-202688 days before the deadline
2025abbreviated format
Result from €124,901 to €38,665Equity from €286,079 to €324,744Debts from €1.2m to €980,213Cash from €14,256 to €187,810
Key points
from the 2025 annual accountsResult
€38,665 ▼ 69.0%
The result fell in 2025 from €124,901 to €38,665.
Turnover
≈ €5.0m estimated
The accounts state no turnover.
Debts
€980,213 75% of the balance sheet
Suppliers 65%Taxes and wages 32%Other 4%
Of this, €943,109 falls due within a year.
Staff
45 employees on 31-12-2025
In 2025, 8 people joined and 9 left.
Filings
38 annual accounts since 1988
The 2017 accounts came 28 days late. The other nine of the last ten were filed on time.
Checked score
80
Excellent
Financially stronger than 34% of small companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,181 companies (NACE 49, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%highest value
01-2025: 1.0%▼ -0.8 percentage points vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.2 percentage points vs 06-2025
08-2025: 1.0%▼ -0.3 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 0.5%▼ -0.5 percentage points vs 05-2026lowest value
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Size: 43.4 FTE, total assets €1.3m
lowers risk
Founded in 1987
Liquidity: current ratio 1.38, cash €187,810
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, small). It does better than 32% of them on solvency, 21% on liquidity, 14% on profitability and 68% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 4,685 companies had the same profile as JONITRANS has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of JONITRANS itself: 0.5% within 12 months.
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 4,685 companies, not a prediction for JONITRANS. 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
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.29 in 2024), below the usual 1.5. Short-term debt is 72.3% and cash 14.4% of total assets. 75.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 days early
2024
29 days early
2023
41 days early
2022
33 days early
2021
24 days early
2020
29 days early
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 35 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431137284
Registered office moved to Westende
New registered office: Koninklijke Baan 196, 8434 Westende · Changes of role: NORRÉ, Joeri Jürgen Gino; NORRÉ, Nico Björn; NORRÉ, Roland Noël Wilfried and GRYP, Frederick Guy · Gazette deed
Appointments: Nico Norré (manager) and Joeri Norré (manager)
General meeting of 08-07-2019 · Gazette deed
Resignations & appointments · End & cessation
Resignation: De Cuyper Sonja (manager) · Appointments: Gryp Frederick (manager) and Norré Roland (manager) · General meeting of 10-07-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JONITRANS Middelkerke | €1.3m | €2.7m | 24.9% | 43.4 |
| Delmakor Deerlijk | €0.9m | €2.3m | 34.9% | 48 |
| QUALITRANS Ghent | €1.5m | €3.4m | 38.9% | 47.5 |
| DLS Brussels | €1.2m | €3.5m | 30.4% | 39.7 |
| GHEMOTRANS Mol | €1.7m | €2.6m | 63.1% | 36.4 |
| VANGROOTLOON T & O Sint-Truiden | €1.2m | €2.9m | 45.0% | 55.8 |
| MERKTRA Lier | €1.6m | €3.1m | 41.2% | 36.3 |
These companies have the same main activity as JONITRANS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €854,000 and €1.7m, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 14-05-1987Normal situation
- Registered office
- 10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Freight transport by roadNACE 49410
- Joint committees
- 140.03Road transport and logistics for third parties
- 226White-collar workers in international trade, transport and logistics · annual accounts 2025
- Establishment unit
- 2.031.344.8018434 Middelkerke, since 25-05-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Annual accounts 2025
- €1.3m▼ 9.5%
- Employeeson 31-12-2025
- 45▼ 2.2%
- Filing
- Filed on 04-05-2026, 88 days before the end of the filing period
Insights on JONITRANS
JONITRANS files the abbreviated format. That format states no turnover. The gross margin rose from €205,739 in 2006 to €2.7m in 2025.
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 JONITRANS
- What is the company number of JONITRANS?
- The company number of JONITRANS is 0431.137.284. The VAT number is the same number with BE in front: BE 0431.137.284.
- Where is JONITRANS based?
- The registered office is at Koninklijke Baan 196, 8434 Middelkerke.Company details
- What does JONITRANS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of JONITRANS?
- JONITRANS is a private limited company (BV).
- When was JONITRANS founded?
- JONITRANS was founded on 14-05-1987.
- Is JONITRANS still active?
- Yes, JONITRANS is an active enterprise in the KBO register.
- How many employees does JONITRANS have?
- JONITRANS had an average of 43.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does JONITRANS fall under?
- In its 2025 annual accounts, JONITRANS states joint committees 140.03 (Road transport and logistics for third parties) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of JONITRANS?
- The turnover in financial year 2025 is ≈ €5.0m. This figure is estimated from the gross margin of €2.7m and 31 comparable companies (NACE 49410). It probably lies between €4.4m and €5.9m. In financial year 2020 turnover was €3.4m.
- Is JONITRANS profitable?
- In financial year 2025, JONITRANS made a profit of €38,665.
- Where can I find the annual accounts of JONITRANS?
- JONITRANS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JONITRANS due?
- JONITRANS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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