KH TRANS
ActiveKH TRANS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €492k and a net result of €-20k. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 1851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-16
Solvency61▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.14 against 3.65 in 2024; short-term debt: 28.8% and cash: 5% of total assets), but 63.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
20 d early
2023
26 d early
2022
25 d late
2021
30 d early
2020
22 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€492k▼ 3.9%
2024 · €512k
2018: €86k
2019: €87k
2020: €91k
2021: €154k
2022: €480k
2023: €486k
2024: €512k
2018 → 2025
Total assets
€1.37M▼ 0.8%
2024 · €1.38M
2018: €1.21M
2019: €1.25M
2020: €2.13M
2021: €2.18M
2022: €1.64M
2023: €1.53M
2024: €1.38M
2018 → 2025
Net result
€-20k
2024 · €27k
2018: €338
2019: €853
2020: €5k
2021: €63k
2022: €325k
2023: €6k
2024: €27k
2018 → 2025
Working capital
€844k▼ 5.4%
2024 · €891k
2018: €-166k
2019: €-194k
2020: €653k
2021: €583k
2022: €741k
2023: €747k
2024: €891k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€154k-€480k▲ 211%€486k▲ 1.3%€512k▲ 5.5%€492k▼ 3.9%
Operating result€66k-€467k▲ 605%€5k▼ 98.8%€35k▲ 534%€-11k
Net result€63k-€325k▲ 417%€6k▼ 98.2%€27k▲ 345%€-20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €35k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€129k▼ 13.5%
Current assets
€1.24M▲ 0.7%
Equity and liabilities €1.37M
Equity
€492k▼ 3.9%
Debt
€873k▲ 1.0%
The debt ratio rises from 62.8% to 63.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€32k▼
2024 · €113k
Cash flow
€23k▼
2024 · €105k
Solvency
36.1%▼
2024 · 37.2%
Current ratio
3.14▼
2024 · 3.65
Quick ratio
3.14▼
2024 · 3.65
Debt / equity
1.77▲
2024 · 1.69
ROE
-4.1%▼
2024 · 5.2%
ROA
-1.5%▼
2024 · 1.9%
Interest coverage
0.48▼
2024 · 1.85
Debt
€873k▲
2024 · €865k
Debt ≤ 1 year
€393k▲
2024 · €337k
Debt > 1 year
€480k▼
2024 · €528k
Income taxes
€5k▲
2024 · €-4k
Staff costs
€430k▲
2024 · €412k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.38M€1.37M▼
Fixed assets21/28€149k€129k▼
Tangible fixed assets22/27€149k€129k▼
Land and buildings22€73k€69k▼
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€64k€53k▼
Current assets29/58€1.23M€1.24M▲
Amounts receivable within one year40/41€98k€104k▲
Trade receivables40€88k€93k▲
Other amounts receivable41€10k€11k▲
Current investments50/53€1.04M€1.05M▲
Cash at bank and in hand54/58€86k€68k▼
Deferred charges and accrued income490/1€7k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.38M€1.37M▼
Equity10/15€512k€492k▼
Contributions10/11€19k€19k=
Reserves13€494k€474k▼
Distributable reserves133€494k€474k▼
Amounts payable17/49€865k€873k▲
Amounts payable after more than one year17€528k€480k▼
Financial debts170/4€528k€480k▼
Amounts payable within one year42/48€337k€393k▲
Current portion of amounts payable after more than one year42€65k-
Financial debts43€157k€150k▼
Credit institutions430/8€157k€150k▼
Trade debts44€46k€126k▲
Suppliers440/4€46k€126k▲
Taxes, remuneration and social security45€62k€28k▼
Taxes450/3€11k€13k▲
Remuneration and social security454/9€51k€15k▼
Other amounts payable47/48€6k€89k▲
Income statement
Code20242025
Remuneration, social security and pensions62€412k€430k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€43k▼
Other operating charges640/8€49k€52k▲
Gross operating margin9900€574k€513k▼
Operating profit (loss)9901€35k€-11k▼
Financial income75/76B€49k€62k▲
Recurring financial income75€49k€62k▲
Financial charges65/66B€61k€66k▲
Recurring financial charges65€61k€66k▲
Profit (loss) for the period before taxes9903€22k€-15k▼
Income taxes67/77€-4k€5k▲
Profit (loss) for the period9904€27k€-20k▼
Profit (loss) for the period to be appropriated9905€27k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€-20k▼
Transfer from equity791/2-€20k
Transfer to equity691/2€27k-
To other reserves6921€27k-
Social balance
Average headcount (FTE)90879.79.6▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-20k ▼175%
Net result drops to €-20k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €512k ▲5.5%
7 profitable years in a row build equity to €512k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Highest result since 2018net €325k ▲417%
Operating result €467k, net result €325k, both a record.
31-12
Financial
Equity above €200kEq €480k ▲211%
5 profitable years in a row build equity to €480k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €154k ▲68.8%
4 profitable years in a row build equity to €154k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 5current ratio 2.38
Current ratio from 0.47 to 2.38.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2009
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.
Groenstraat 59203800 Sint-TruidenGround area
2.8 ha
Building footprint
1.4 ha
Volume, LiDAR
126,626 m³
Parcel 71009A0049/00M000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KH TRANS
since 20092.183.738.234
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009A0049/00M000 | Flanders | 2.8 ha | 1 · 1.4 ha | 11.9 m · 3 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 2025 · 4 entries · 25,898 EUR awarded · 25,898 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 263 EUR | 263 EUR |
| 2024 | 2 | 1,635 EUR | 1,635 EUR |
| 2023 | 1 | 24,000 EUR | 24,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.183.738.234
Legal Entity Identifier
9845005949F5A04B0181
Similar companies · same sector, comparable size
PJORRE BETON
BE 0891.316.667
Heist-op-den-Berg · Eq €492k
TRANSAFLO
BE 0474.595.858
Courcelles · Eq €492k
LERNOUT
BE 0427.273.617
Zonnebeke · Eq €493k
DIMITRIS INTERNATIONAL TRANSPORT
BE 0476.481.519
Wielsbeke · Eq €492k
FRANS DE SCHOENMACKER - HAENTJENS
BE 0427.344.881
Lochristi · Eq €493k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 5,242 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2009
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.