KVK TRANS
ActiveSummary
KVK TRANS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 4603 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency52▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.5 in 2024; short-term debt: 70.2% and cash: 17% of total assets), and 73.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.9%
Return on assets
21.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
50 d late
2022
30 d late
2021
22 d late
2020
1 d early
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▲ 437%
2024 · €6k
2018: €-7k
2019: €6k
2020: €21k
2021: €23k
2022: €-18k
2023: €-48k
2024: €6k
2018 → 2025
Total assets
€129k▼ 30.1%
2024 · €185k
2018: €81k
2019: €79k
2020: €191k
2021: €165k
2022: €288k
2023: €249k
2024: €185k
2018 → 2025
Net result
€28k▼ 47.7%
2024 · €54k
2018: €-15k
2019: €10k
2020: €15k
2021: €3k
2022: €-41k
2023: €-30k
2024: €54k
2018 → 2025
Working capital
€1k
2024 · €-73k
2018: €-22k
2019: €-8k
2020: €-34k
2021: €-52k
2022: €-167k
2023: €-153k
2024: €-73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€-18k€-48k▼ 164%€6k€35k▲ 437%
Operating result€9k-€-32k€-12k▲ 60.7%€67k€47k▼ 29.3%
Net result€3k-€-41k€-30k▲ 28.2%€54k€28k▼ 47.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€37k ▼ 66.4%
Current assets
€92k ▲ 24.6%
Equity and liabilities €129k
Equity
€35k ▲ 437%
Debt
€94k ▼ 47.0%
Debt's share of the balance-sheet total falls from 96.5% to 73.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123k▼
2024 · €149k
Cash flow
€104k▼
2024 · €137k
Current ratio
1.01▲
2024 · 0.50
Debt to equity
2.71▼
2024 · 27.51
ROE
81.4%▼
2024 · 836.6%
ROA
21.9%▼
2024 · 29.3%
Interest coverage
21.82▲
2024 · 11.89
Debt ≤ 1 year
€91k▼
2024 · €147k
Debt > 1 year
€4k▼
2024 · €31k
Income taxes
€13k▲
2024 · €127
Staff costs
€55k▼
2024 · €68k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€185k€129k▼
Fixed assets21/28€111k€37k▼
Tangible fixed assets22/27€105k€32k▼
Furniture and vehicles24€10k€7k▼
Leasing and similar rights25€95k€25k▼
Financial fixed assets28€6k€6k=
Current assets29/58€74k€92k▲
Amounts receivable within one year40/41€62k€61k▼
Trade receivables40€61k€59k▼
Other amounts receivable41€672€2k▲
Cash at bank and in hand54/58-€22k
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€185k€129k▼
Equity10/15€6k€35k▲
Contributions10/11€11k€11k=
Reserves13€13k€24k▲
Distributable reserves133€13k€24k▲
Profit (loss) carried forward14€-17k€0▲
Amounts payable17/49€178k€94k▼
Amounts payable after more than one year17€31k€4k▼
Financial debts170/4€31k€4k▼
Amounts payable within one year42/48€147k€91k▼
Current portion of amounts payable after more than one year42€77k€27k▼
Financial debts43€386€0▼
Credit institutions430/8€386€0▼
Trade debts44€34k€16k▼
Suppliers440/4€34k€16k▼
Taxes, remuneration and social security45€10k€33k▲
Taxes450/3€7k€25k▲
Remuneration and social security454/9€3k€8k▲
Other amounts payable47/48€26k€15k▼
Income statement
Code20242025
Non-recurring operating income76A€15k€0▼
Remuneration, social security and pensions62€68k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€76k▼
Other operating charges640/8€8k€6k▼
Gross operating margin9900€226k€183k▼
Operating profit (loss)9901€67k€47k▼
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€13k€6k▼
Recurring financial charges65€13k€6k▼
Profit (loss) for the period before taxes9903€54k€42k▼
Income taxes67/77€127€13k▲
Profit (loss) for the period9904€54k€28k▼
Profit (loss) for the period to be appropriated9905€54k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€12k▲
Profit (loss) brought forward from the previous period14P€-71k€-17k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (14 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 1.01
Current ratio from 0.50 to 1.01; short-term debt falls from €147k to €91k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-41k ▼1659%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ninove · 1 establishment unit since 2018
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.
Wilderstraat(App) 70C9400 NinoveGround area
783 m²
Building footprint
75 m²
Parcel 41003B0984/00L000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
KVK TRANS
since 20182.274.471.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41003B0984/00L000 | Flanders | 783 m² | 1 · 75 m² | 0.1 m |
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
2022 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 9,000 EUR | 9,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Similar companies · same sector, comparable size
BODETRANS
BE 0436.737.253
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Martens Maritime Waste
BE 0776.784.413
Gent · Eq €34,788
ASHKAN
BE 0771.328.063
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RM TRANS
BE 0747.968.384
Antwerpen · Eq €34,789
ETABLISSEMENTS BENOIT - BEERENS
BE 0453.233.488
Perwez · Eq €34,810
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,682 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.