Financials
- Financial year
- 2023
- Total assets
- €130,043
- Loss
- -€266
- Solvency
- 10.9%
Total assets▲ 400%
Net result
20192023
KING TRANS
ActiveSummary
The computed 12-month bankruptcy probability of KING TRANS is 15.5% (high). For KING TRANS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €14,232 and a net result of -€266. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 22% of 5,978 sector peers (NACE 49, financial year 2023). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Freight transport by road
NACE 49410
1 site
Size
€130,043total assets 2023
- Equity
- €14,232
- Loss
- -€266
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 15.5%
2023 figures too old to score
Structure
Accounts 620 days overdue0 of 3 deeds read
Signalsraises riskFigures for financial year 2023 (filed 11-03-2024)2 financial years not filed after the legal deadline; latest accounts 41 days late; 1 of the last 3 late1 change of registered office in 24 monthsTwo or more financial years not filedlowers riskFounded in 2013neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
36-45
equity 10.9% of total assets
Liquidity
42-15
short-term debt 23.1% · cash 0.1%
Profitability
53-47
return on assets -0.2%
Bankruptcy probability, 12 months
15.5%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.3%
12-2024: 3.2%▼ -0.1 percentage points vs 11-2024lowest value
01-2025: 3.6%▲ +0.4 percentage points vs 12-2024
02-2025: 4.5%▲ +0.9 percentage points vs 01-2025
03-2025: 5.1%▲ +0.6 percentage points vs 02-2025
04-2025: 5.8%▲ +0.7 percentage points vs 03-2025
05-2025: 6.1%▲ +0.3 percentage points vs 04-2025
06-2025: 7.2%▲ +1.1 percentage points vs 05-2025
07-2025: 8.8%▲ +1.6 percentage points vs 06-2025
08-2025: 13.2%▲ +4.4 percentage points vs 07-2025
09-2025: 13.3%▲ +0.1 percentage points vs 08-2025
10-2025: 12.4%▼ -0.9 percentage points vs 09-2025
11-2025: 12.4%● unchanged vs 10-2025
12-2025: 12.4%● unchanged vs 11-2025
01-2026: 12.4%● unchanged vs 12-2025
02-2026: 14.6%▲ +2.2 percentage points vs 01-2026
03-2026: 14.6%● unchanged vs 02-2026
04-2026: 15.5%▲ +0.9 percentage points vs 03-2026highest value
05-2026: 15.5%● unchanged vs 04-2026highest value
06-2026: 15.5%● unchanged vs 05-2026highest value
07-2026: 15.5%● unchanged vs 06-2026highest value
08-2026: 15.5%● unchanged vs 07-2026highest value
09-2026: 15.5%● unchanged vs 08-2026highest value
10-2026: 15.5%● unchanged vs 09-2026highest value
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 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 · 10 filingsPosition against the passed deadline
30-06-2024 year end31-01-2025 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 11-03-2024, 40 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
40 days late
2022
on the day
2021
7 days early
2020
11 days late
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 6 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
- Highest result from 2019 to 2023net €32,956 ▲1,705%
Key points
By topic
Timeline
- Events
- 14
- Since
- 2015
- 30-06-2022Liquidity more than triples
- 24-01-2022Annual accounts filed
- 30-06-2021Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 02-07-2013
- Year ends
- 30-06
- Peppol
- Not found in the Peppol directory
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