LS TRANS
ActiveSummary
The computed 12-month bankruptcy probability of LS TRANS is 1.5% (moderate). The 2024 annual accounts show equity of €257k and a net result of €62k. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 26043 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+31
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 4.22 against 3.63 in 2023; short-term debt: 22.3% and cash: 42.2% of total assets), and 22.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
73 d late
2022
70 d late
2021
435 d late
2020
125 d late
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€329k
EBIT margin
15.2%
Net result
€62k
2023 · €-15k
Working capital
€237k▲ 84.9%
2023 · €128k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€67k€96k▲ 42.2%€54k▼ 43.1%€32k▼ 41.1%€77k▲ 140%
Net result€54k€67k▲ 23.8%€39k▼ 42.5%€-15k€62k
EBIT margin
Equity€105k▲ 107%€172k▲ 63.9%€211k▲ 22.4%€196k▼ 7.2%€257k▲ 31.5%
Total assets€231k▲ 30.2%€266k▲ 15.2%€304k▲ 14.5%€244k▼ 19.7%€331k▲ 35.4%
Debt€126k▼ 0.5%€94k▼ 25.6%€93k▼ 0.2%€49k▼ 47.8%€74k▲ 51.2%
Working capital€114k▲ 140%€174k▲ 52.5%€133k▼ 23.2%€128k▼ 3.9%€237k▲ 84.9%
Staff (FTE)3.2▲ 14.3%3▼ 6.3%2▼ 33.3%2.9▲ 45.0%4.6▲ 58.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 140% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331k
Fixed assets
€20k ▼ 70.0%
Current assets
€311k ▲ 75.6%
Equity and liabilities €331k
Equity
€257k ▲ 31.5%
Debt
€74k ▲ 51.2%
Debt's share of the balance-sheet total rises from 19.9% to 22.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€116k▲
2023 · €78k
Cash flow
€101k▲
2023 · €30k
Current ratio
4.22▲
2023 · 3.63
Debt to equity
0.29▲
2023 · 0.25
ROE
24.0%▲
2023 · -7.8%
ROA
18.6%▲
2023 · -6.2%
Interest coverage
359.92▲
2023 · 82.46
Debt ≤ 1 year
€74k▲
2023 · €49k
Income taxes
€17k▼
2023 · €48k
Staff costs
€196k▲
2023 · €137k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €110k | €76k | €137k | €196k | ▲ 43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48k | €39k | €41k | €46k | €39k | ▼ 13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €285 | - | - | - | - |
| Other operating charges640/8 | - | - | €1k | €419 | €2k | ▲ 456% |
| Gross operating margin9900 | €207k | €245k | €172k | €215k | €315k | ▲ 46.5% |
| Operating profit (loss)9901 | €67k | €96k | €54k | €32k | €77k | ▲ 140% |
| Financial income75/76B | - | €9 | - | €2k | €2k | ▲ 42.4% |
| Recurring financial income75 | €15 | €9 | - | €2k | €2k | ▲ 42.4% |
| Financial charges65/66B | - | €1k | €1k | €942 | €323 | ▼ 65.7% |
| Recurring financial charges65 | €1k | €1k | €1k | €942 | €323 | ▼ 65.7% |
| Profit (loss) for the period before taxes9903 | €66k | €94k | €53k | €33k | €79k | ▲ 141% |
| Income taxes67/77 | €12k | €27k | €14k | €48k | €17k | ▼ 63.8% |
| Profit (loss) for the period9904 | €54k | €67k | €39k | €-15k | €62k | ▲ 505% |
| Profit (loss) for the period to be appropriated9905 | €54k | €67k | €39k | €-15k | €62k | ▲ 505% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €231k | €266k | €304k | €244k | €331k | ▲ 35.4% |
| Fixed assets21/28 | €40k | €13k | €92k | €67k | €20k | ▼ 70.0% |
| Tangible fixed assets22/27 | €37k | €10k | €75k | €50k | €13k | ▼ 74.0% |
| Plant, machinery and equipment23 | - | €2k | €2k | €408 | €1k | ▲ 266% |
| Furniture and vehicles24 | - | €8k | €73k | €50k | €12k | ▼ 76.7% |
| Leasing and similar rights25 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €3k | €3k | €17k | €17k | €7k | ▼ 58.5% |
| Current assets29/58 | €191k | €253k | €212k | €177k | €311k | ▲ 75.6% |
| Amounts receivable within one year40/41 | €166k | €212k | €157k | €122k | €171k | ▲ 40.4% |
| Trade receivables40 | - | €125k | €38k | €23k | €87k | ▲ 279% |
| Other amounts receivable41 | - | €87k | €118k | €99k | €84k | ▼ 15.1% |
| Cash at bank and in hand54/58 | €18k | €40k | €55k | €55k | €140k | ▲ 156% |
| Deferred charges and accrued income490/1 | - | €0 | - | €421 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €231k | €266k | €304k | €244k | €331k | ▲ 35.4% |
| Equity10/15 | €105k | €172k | €211k | €196k | €257k | ▲ 31.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €85k | €152k | €190k | €175k | €237k | ▲ 35.2% |
| Amounts payable17/49 | €126k | €94k | €93k | €49k | €74k | ▲ 51.2% |
| Amounts payable after more than one year17 | €49k | €15k | €15k | - | - | - |
| Financial debts170/4 | - | €15k | €15k | - | - | - |
| Amounts payable within one year42/48 | €77k | €79k | €79k | €49k | €74k | ▲ 51.2% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | €1k | - | - |
| Trade debts44 | €50k | €8k | €5k | €3k | €32k | ▲ 1,108% |
| Suppliers440/4 | - | €8k | €5k | €3k | €32k | ▲ 1,108% |
| Taxes, remuneration and social security45 | - | €61k | €64k | €41k | €42k | ▲ 1.5% |
| Taxes450/3 | - | €40k | €52k | €10k | €9k | ▼ 13.6% |
| Remuneration and social security454/9 | - | €21k | €12k | €31k | €33k | ▲ 6.4% |
| Other amounts payable47/48 | - | €4k | €4k | €4k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54k | €67k | €39k | €-15k | €62k | ▲ 505% |
| + Depreciation and write-downs630 | €48k | €39k | €41k | €46k | €39k | ▼ 13.5% |
| Operating cash flow (approximation) | €102k | €106k | €79k | €30k | €101k | ▲ 232% |
| Investment in fixed assets (approximation) | - | €-12k | €-120k | €-21k | €8k | ▲ 137% |
| Change in cash | - | €22k | €15k | €-697 | €85k | ▲ 12,297% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
31-12
Financial
Equity above €200kEq €257k ▲31.5%
Equity rises from €196k to €257k.
12-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 73 days late
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
09-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 435 days late
2022
31-12
Financial
Equity above €200kEq €211k ▲22.4%
3 profitable years in a row build equity to €211k.
2021
31-12
Financial
Highest result since 2018net €67k ▲23.8%
Operating result €96k, net result €67k, both a record.
31-12
Financial
Equity above €150kEq €172k ▲63.9%
2 profitable years in a row build equity to €172k.
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 125 days late
2020
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
Show earlier events
31-12
Financial
Equity above €100kEq €105k ▲107%
Equity rises from €51k to €105k.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 16 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Jans-Molenbeek · 1 establishment unit since 2017
Ground area
1,627 m²
Building footprint
512 m²
Volume, LiDAR
2,603 m³
Parcel 21012A0227/00V004, Brussels · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LS TRANS
since 20172.263.156.983
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0227/00V004 | Brussels | 1,627 m² | 1 · 512 m² | 11.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,665 companies in sector 47811 we hold annual accounts for 5,218. 3,699 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
46713Wholesale trade
46720Wholesale of motor vehicle parts and accessories
47300Retail sale of automotive fuel
Scores and ratios are computed by Checked and are not a credit decision.