KURSON TRANS

Active

Private limited companyfounded 201016 yrs activeVan Espenstraat 17, 3120 Tremelo, BelgiumKBO/BCE: BE 0825.556.409

KURSON TRANS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €-3k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 13% of 1832 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

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Checked score

Score 2025

33 / 100

Weak▲ +26 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency9▲+1

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity short (current ratio 0.7 against 0.65 in 2024), and 93.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

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 2025

Solvency, return and age of the figures

Solvency

6.6%

Return on assets

-0.6%

Age of the figures

18 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€3k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1832 sector peers (2025).

NBB · sector comparison

Position among 1832 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

8 d early

2024

1 d early

2023

219 d late

2022

107 d late

2021

15 d late

2020

58 d late

2019

43 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close15-09-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€36k▼ 8.2%

2024 · €39k

2019: €38k 2020: €61k 2021: €59k 2022: €75k 2023: €124k 2024: €39k

2019 → 2025

Total assets

€549k▼ 2.8%

2024 · €565k

2019: €315k 2020: €428k 2021: €342k 2022: €330k 2023: €540k 2024: €565k

2019 → 2025

Net result

€-3k▲ 96.2%

2024 · €-85k

2019: €6k 2020: €23k 2021: €4k 2022: €29k 2023: €54k 2024: €-85k

2019 → 2025

Working capital

€-83k▲ 8.4%

2024 · €-90k

2019: €36k 2020: €83k 2021: €95k 2022: €67k 2023: €36k 2024: €-90k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€59k-€75k▲ 27.1%€124k▲ 64.9%€39k▼ 68.4%€36k▼ 8.2%

Operating result€16k-€79k▲ 399%€103k▲ 30.4%€-25k€16k

Net result€4k-€29k▲ 678%€54k▲ 88.9%€-85k€-3k▲ 96.2%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €16k after a loss of €25k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €549k

63.9%

36.1%

Fixed assets €351k▼ 10.8%

Current assets €198k▲ 15.4%

Equity and liabilities €549k

93.4%

Equity €36k▼ 8.2%

Debt €513k▼ 2.4%

The debt ratio rises from 93.1% to 93.4%: equity shrinks faster than debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€115k▲

2024 · €53k

Cash flow

€96k▲

2024 · €-7k

Solvency

6.6%▼

2024 · 6.9%

Current ratio

0.70▲

2024 · 0.65

Quick ratio

0.70▲

2024 · 0.65

Debt / equity

14.24▲

2024 · 13.40

ROE

-8.9%▲

2024 · -216.5%

ROA

-0.6%▲

2024 · -15.0%

Interest coverage

6.08▲

2024 · 0.88

Debt

€513k▼

2024 · €526k

Debt ≤ 1 year

€281k▲

2024 · €262k

Debt > 1 year

€232k▼

2024 · €264k

Income taxes

€274▲

2024 · €246

Staff costs

€415k▲

2024 · €328k

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€565k€549k▼

Fixed assets21/28€393k€351k▼

Tangible fixed assets22/27€393k€351k▼

Land and buildings22€2k€1k▼

Plant, machinery and equipment23€5k€4k▼

Furniture and vehicles24€221k€231k▲

Leasing and similar rights25€165k€115k▼

Financial fixed assets28€385€385=

Current assets29/58€172k€198k▲

Amounts receivable within one year40/41€142k€142k▼

Trade receivables40€139k€141k▲

Other amounts receivable41€3k€746▼

Cash at bank and in hand54/58€17k€52k▲

Deferred charges and accrued income490/1€12k€5k▼

Equity and liabilities

Total equity and liabilities10/49€565k€549k▼

Equity10/15€39k€36k▼

Contributions10/11€6k€6k=

Outside capital11€6k€6k=

Other1109/19€6k€6k=

Reserves13€114k€114k=

Distributable reserves133€114k€114k=

Profit (loss) carried forward14€-81k€-85k▼

Amounts payable17/49€526k€513k▼

Amounts payable after more than one year17€264k€232k▼

Financial debts170/4€264k€232k▼

Amounts payable within one year42/48€262k€281k▲

Current portion of amounts payable after more than one year42€105k€114k▲

Trade debts44€89k€105k▲

Suppliers440/4€89k€105k▲

Advances received on contracts in progress46-€4k

Taxes, remuneration and social security45€56k€49k▼

Taxes450/3€23k€26k▲

Remuneration and social security454/9€33k€23k▼

Other amounts payable47/48€12k€9k▼

Income statement Code20242025

Non-recurring operating income76A€15k-

Remuneration, social security and pensions62€328k€415k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€99k▲

Other operating charges640/8€60k€70k▲

Non-recurring operating charges66A€18k€14k▼

Gross operating margin9900€460k€614k▲

Operating profit (loss)9901€-25k€16k▲

Financial income75/76B€209€21▼

Recurring financial income75€209€21▼

Financial charges65/66B€60k€19k▼

Recurring financial charges65€60k€19k▼

Profit (loss) for the period before taxes9903€-85k€-3k▲

Income taxes67/77€246€274▲

Profit (loss) for the period9904€-85k€-3k▲

Profit (loss) for the period to be appropriated9905€-85k€-3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-81k€-85k▼

Profit (loss) brought forward from the previous period14P€4k€-81k▼

Social balance

Average headcount (FTE)90875.95.4▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-10-2026

2025

23-10

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2024

30-10

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

06-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 219 days late

31-03

Financial Weakest financial yearnet €-85k ▼258%

Net result drops to €-85k, the lowest in the series; recovery starts the following year.

2023

31-03

Financial Highest result since 2019net €54k ▲88.9%

Operating result €103k, net result €54k, both a record.

31-03

Financial Equity above €100kEq €124k ▲64.9%

5 profitable years in a row build equity to €124k.

15-02

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 107 days late

2021

15-11

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 15 days late

2020

28-12

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 58 days late

2019

13-12

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 43 days late

26-02

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 118 days late

2017

30-10

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2016

02-11

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 2 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Tremelo · 1 establishment unit since 2010

establishment The establishment unit on the map

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.

Van Espenstraat 173120 Tremelo

Ground area

609 m²

Building footprint

131 m²

Volume, LiDAR

427 m³

Parcel 24109C0355/00H000, Flanders · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

KURSON TRANS

Van Espenstraat 17, 3120 TremeloFreight transport by road

since 20102.189.761.736

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24109C0355/00H000	Flanders	609 m²	1 · 131 m²	4.0 m · 1 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 · 2 entries · 9,210 EUR awarded · 9,000 EUR paid

Year	Entries	awarded	paid
2025	1	210 EUR	0 EUR
2023	1	9,000 EUR	9,000 EUR

Schemes

Subsidies ecologisch en veilig transport (stopgezet)

1 entry · 9,000 EUR · 9,000 EUR paid · Departement Mobiliteit en Openbare Werken

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 210 EUR · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

254900I1ATRLPPEFP258

no longer live in the LEI register

Similar companies · same sector, comparable size

Bilzen-Hoeselt · Eq €36k

Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 5,620 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-04-2010

Fiscal year end31-03

Activities, NACEBEL

49410Freight transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.