L-TRANS
ActiveThe computed 12-month bankruptcy probability of L-TRANS is 3.4% (moderate). The 2024 annual accounts show negative equity (€-3k) and a net result of €-9k. Equity is shrinking by ~32.8% per year across the filed fiscal years. Its solvency ranks better than 13% of 1306 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-8
Solvency19▼-13
Growth32=
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.77 in 2023; short-term debt: 86.4% and cash: 10.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
-6.5%
Return on assets
-16.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-05-2025, 86 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
86 d early
2023
43 d early
2022
27 d early
2021
34 d early
2020
9 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-3k
2023 · €5k
2019: €35k
2020: €37k
2021: €37k
2022: €12k
2023: €5k
2019 → 2024
Total assets
€53k▼ 32.9%
2023 · €79k
2019: €60k
2020: €99k
2021: €80k
2022: €93k
2023: €79k
2019 → 2024
Net result
€-9k▼ 35.7%
2023 · €-7k
2019: €16k
2020: €20k
2021: €-578
2022: €-25k
2023: €-7k
2019 → 2024
Working capital
€-13k▼ 8.1%
2023 · €-12k
2019: €24k
2020: €24k
2021: €28k
2022: €-85
2023: €-12k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€37k▼ 1.5%€12k▼ 67.4%€5k▼ 54.6%€-3k
Operating result€27k-€446▼ 98.4%€-23k€-5k▲ 78.7%€-8k▼ 58.2%
Net result€20k-€-578€-25k▼ 4,184%€-7k▲ 73.6%€-9k▼ 35.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €5k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets
€20k▼ 45.9%
Current assets
€33k▼ 21.2%
Key figures and ratios
EBITDA
€9k▼
2023 · €14k
Cash flow
€8k▼
2023 · €12k
Solvency
-6.5%▼
2023 · 6.9%
Current ratio
0.71▼
2023 · 0.77
Quick ratio
0.71▼
2023 · 0.77
Debt / equity
-16.40▼
2023 · 13.51
ROA
-16.8%▼
2023 · -8.3%
Interest coverage
10.18▲
2023 · 7.13
Debt
€56k▼
2023 · €73k
Debt ≤ 1 year
€46k▼
2023 · €53k
Debt > 1 year
€11k▼
2023 · €20k
Income taxes
€130▼
2023 · €138
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€79k€53k▼
Fixed assets21/28€37k€20k▼
Tangible fixed assets22/27€37k€20k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€33k€18k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€41k€33k▼
Amounts receivable within one year40/41€30k€23k▼
Trade receivables40€23k€11k▼
Other amounts receivable41€7k€12k▲
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€79k€53k▼
Equity10/15€5k€-3k▼
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-32k€-41k▼
Amounts payable17/49€73k€56k▼
Amounts payable after more than one year17€20k€11k▼
Financial debts170/4€20k€11k▼
Amounts payable within one year42/48€53k€46k▼
Current portion of amounts payable after more than one year42€15k€9k▼
Trade debts44€36k€36k▼
Suppliers440/4€36k€36k▼
Taxes, remuneration and social security45-€576
Remuneration and social security454/9-€576
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€229-
Income statement
Code20232024
Non-recurring operating income76A€27k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€17k▼
Other operating charges640/8€8k€9k▲
Gross operating margin9900€22k€18k▼
Operating profit (loss)9901€-5k€-8k▼
Financial income75/76B€517€5▼
Recurring financial income75€517€5▼
Financial charges65/66B€2k€920▼
Recurring financial charges65€2k€920▼
Profit (loss) for the period before taxes9903€-6k€-9k▼
Income taxes67/77€138€130▼
Profit (loss) for the period9904€-7k€-9k▼
Profit (loss) for the period to be appropriated9905€-7k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-41k▼
Profit (loss) brought forward from the previous period14P€-25k€-32k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €20k ▲24.4%
Operating result €27k, net result €20k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hoegaarden · 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.
St.-Ermelindisstraat 23320 HoegaardenGround area
946 m²
Building footprint
418 m²
Volume, LiDAR
2,262 m³
Parcel 24712B0294/00E000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L-TRANS
since 20182.280.678.648
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24712B0294/00E000 | Flanders | 946 m² | 1 · 418 m² | 9.2 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 101 EUR awarded · 101 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 36 EUR | 36 EUR |
| 2023 | 1 | 35 EUR | 35 EUR |
| 2022 | 1 | 30 EUR | 30 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHoegaarden2.280.678.648
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Of 1,723 companies in sector 52210 we hold annual accounts for 770. 264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2018
Fiscal year end31-12
Activities, NACEBEL
52210Service activities incidental to land transportation
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
50200Water transport
51210Air transport
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.