Active BE 0477.473.392Private limited companyOpen bankruptcy

KIKO TRANS

· 24 yrs active

Sector: Road freight transport (49410)

Conclusion Checked

A bankruptcy procedure is open for KIKO TRANS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-107k) and a net result of €-110k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-107k
Net result	€-110k
Staff (FTE)	11.2
Better than sector	10%

Snowflake analysis 5 axes · computed by Checked

34 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 36

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

53 / 100

High risk

Components

· Open bankruptcy (+50)

· 1 administrative flag (+3)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 1 events

Address struck

Health barometer FY 2023 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 10-06-2024 with the NBB · fiscal year 2023 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 49, Land transport · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-24.2%	28.8%	better than 10% of 174 sector peers
Net result	€-110k	€35k	better than 11% of 174 sector peers
Equity	€-107k	€159k	better than 10% of 174 sector peers
Gross operating margin	€630k	€500k	better than 59% of 174 sector peers
Staff costs	€632k	€448k	higher than 57% of 138 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-10k

- far below sector median

Net profit

€-110k

- far below sector median

Cash flow

€-53k

- far below sector median

Total assets

€441k

-15.8% +14% vs sector

Equity

€-107k

- far below sector median

Working capital

€-174k

-96.1% far below sector median

Employees (FTE)

11

-5.1% +207% vs sector

Staff costs

€632k

-10.1% +181% vs sector

Income taxes

€0

-100.0% -100% vs sector

Debt

€548k

+5.2% far above sector median

Debt ≤ 1y

€451k

+18.4% far above sector median

Debt > 1y

€98k

-30.5% -49% vs sector

Current ratio

0.61

-19.9% -90% vs sector

Quick ratio

0.57

-20.2% -90% vs sector

Solvency

-24.2%

- far below sector median

Debt / equity

-5.13

- far below sector median

ROE

103.3%

+96.0% far above sector median

ROA

-25.0%

- far below sector median

Interest coverage

-0.22

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	-
EBITDA	€-10k
Net profit	€-110k
Cash flow	€-53k
Staff costs	€632k
Income taxes	€0
Dividends	-
Total assets	€441k
Equity	€-107k
Debt	€548k
of which ≤ 1y	€451k
of which > 1y	€98k
Working capital	€-174k
Employees (FTE)	11.2

Ratios (computed)

	2023
Current ratio	0.61
Quick ratio	0.57
Working capital ratio	-39.4%
Solvency	-24.2%
Debt / equity	-5.13
Long-term debt ratio	-0.91
Interest coverage	-0.22
Gross margin	-
Net margin	-
ROA	-25.0%
ROE	103.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €165k · 37.3% Current assets €277k · 62.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€441k
Fixed assets	21/28	€165k
Tangible fixed assets	22/27	€164k
Financial fixed assets	28	€215
Current assets	29/58	€277k
Stocks & contracts in progress	3	€18k
Amounts receivable within one year	40/41	€217k
Cash & bank	54/58	€154
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€441k
Equity	10/15	€-107k
Contributions / capital	10/11	€19k
Reserves	13	€43k
Accumulated profits (losses)	14	€-168k
Amounts payable	17/49	€548k
Amounts payable after one year	17	€98k
Amounts payable within one year	42/48	€451k
Trade debts payable within one year	44	€278k
Income statement
Gross operating margin	9900	€630k
Operating result	9901	€-67k
Financial income	75	€180
Financial charges	65	€43k
Result before taxes	9903	€-110k
Income taxes	67/77	€0
Net result for the period	9904	€-110k
Result to be appropriated	9905	€-110k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	THOMAS NICLAES BRUSSELSTRAAT 7, 2000 ANTWERPEN 1	20-06-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Road freight transport(49410)
Legal form	Private limited company(610)
Incorporation	03-05-2002
Status	Active
Postal code	-
First BS signal	26-06-2024
Latest BS signal	26-06-2024

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

Ringlaan 6, 2240 Zandhoven

goederenvervoer langs de weg:vervoer van boomstammen,zwaar internationaal vervoer,veevervoer,vervoer met koelwagens, vervoer van bulkgoederen, inclusief vervoer in tankwagens, autovervoer

since 20022.096.113.778

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11054C0623/00A000	Flanders	1.1 ha	1 · 2,254 m²	8.4 m · 2 fl.
11054C0557/00L000	Flanders	1,225 m²	1 · 115 m²	6.6 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

10-11-2025

KBO administration Address struck

2024

26-06-2024

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KIKO TRANS BV VIERSEL- BAAN 42/2, 2240 ZANDHOVEN · event 20-06-2024

10-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

16-05-2024

State Gazette act Statutes amendment

v3.2

2023

17-11-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

30-03-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

30-03-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

30-04-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

30-04-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

27-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

31-03-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

24-03-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

2015

04-05-2015

NBB filing Annual accounts filed

fiscal year 2014 · verkort

Lifecycle & Insolvency Signals 2 events

10-11-2025

KBO administration Address struck

· Publications in State Gazette ↗

26-06-2024

Bankruptcy Opening

Date: 20-06-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KIKO TRANS BV VIERSEL- BAAN 42/2, 2240 ZANDHOVEN · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2024

16-05-2024 Articles of association amended Statutes amendment

Summary: v3.2

Original publication ↗

Technical details

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  "act_meta": {
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  "name_change": {
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    "old": "",
    "changed": false
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  "seat_change": {
    "changed": true
  },
  "object_change": {
    "changed": false
  },
  "subject_company": {
    "kbo": "0477.473.392",
    "name_full": "KIKO TRANS"
  },
  "legal_form_change": {
    "new": "BV",
    "old": "Besloten vennootschap met beperkte aansprakelijkheid",
    "changed": false
  }
}

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Company registry (CBE) Crossroads Bank

Activities

Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Goederenvervoer over de weg60242

Primary activity highlighted.

Names & trade names

Legal nameNL

KIKO TRANS

Registration history

10-11-2025 Address struck

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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