Skip to content
Checked.be
Complete company report
Generated 03-08-2026
Active BE 0775.312.585Private limited company

N TRANS

Voltairelaan 135 ·1030 Schaarbeek, Belgium· 4 yrs active
Sector: Road freight transport (49410)
Conclusion Checked

The computed 12-month bankruptcy probability of N TRANS is 4.8% (elevated). The 2025 annual accounts show equity of €81k and a net result of €45k. Equity is growing by ~92.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 416 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €81k
Net result €45k
Staff (FTE) 13
Better than sector 29%
Snowflake analysis 5 axes · computed by Checked
Health56Profitability100Solvency13Growth78Stability94
68 / 100

Strong profile, led by profitability.

Health 56
Profitability 100
Solvency 13
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.8% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
56 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 03-03-2026 with the NBB · fiscal year 2025 · micro
€0€25k€50k€75kOperating result 2023: €14k€14kNet result 2023: €9k€9kOperating result 2024: €32k€32kNet result 2024: €22k€22kOperating result 2025: €86k€86kNet result 2025: €45k€45k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~92.9%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k€200k2026: €115k (€108k - €121k)2027: €149k (€142k - €155k)2028: €182k (€176k - €189k)2023: €14k2024: €36k2025: €81k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 12.4% 30.4%
better than 29% of 416 sector peers
Net result €45k €9k
better than 87% of 413 sector peers
Equity €81k €26k
better than 79% of 416 sector peers
Gross operating margin €815k €49k
better than 95% of 413 sector peers
Staff costs €503k €60k
higher than 95% of 195 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€208k
+372.7% far above sector median
Net profit
€45k
+103.9% far above sector median
Cash flow
€167k
+384.1% far above sector median
Total assets
€658k
+104.3% +70% vs sector
Equity
€81k
+124.7% -72% vs sector
Working capital
€-114k
-113.5% far below sector median
Employees (FTE)
13
+242.1% +256% vs sector
Staff costs
€503k
+242.6% +124% vs sector
Income taxes
€13k
+104.0% +262% vs sector
Debt
€577k
+101.7% far above sector median
Debt ≤ 1y
€383k
+67.7% far above sector median
Debt > 1y
€194k
+236.9% ≈ vs sector
Current ratio
0.70
-8.4% -88% vs sector
Quick ratio
0.70
-8.4% -88% vs sector
Solvency
12.4%
+10.0% -85% vs sector
Debt / equity
7.09
-10.2% far above sector median
ROE
55.5%
-9.3% far above sector median
ROA
6.9%
-0.2% +202% vs sector
Interest coverage
7.32
-45.1% -41% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€208k
Net profit€45k
Cash flow€167k
Staff costs€503k
Income taxes€13k
Dividends-
Total assets€658k
Equity€81k
Debt€577k
of which ≤ 1y€383k
of which > 1y€194k
Working capital€-114k
Employees (FTE)13.0
Ratios (computed)
2025
Current ratio0.70
Quick ratio0.70
Working capital ratio-17.4%
Solvency12.4%
Debt / equity7.09
Long-term debt ratio2.38
Interest coverage7.32
Gross margin-
Net margin-
ROA6.9%
ROE55.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€658k
Fixed assets 21/28€389k
Tangible fixed assets 22/27€370k
Financial fixed assets 28€19k
Current assets 29/58€269k
Amounts receivable within one year 40/41€265k
Cash & bank 54/58€619
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€658k
Equity 10/15€81k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€76k
Amounts payable 17/49€577k
Amounts payable after one year 17€194k
Amounts payable within one year 42/48€383k
Trade debts payable within one year 44€70k
Income statement
Gross operating margin 9900€815k
Operating result 9901€86k
Financial income 75€0
Financial charges 65€28k
Result before taxes 9903€58k
Income taxes 67/77€13k
Net result for the period 9904€45k
Result to be appropriated 9905€45k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Road freight transport(49410)
Legal form Private limited company(610)
Incorporation05-10-2021
StatusActive
Postal code1030
Establishment units 1 location
N TRANS
Voltairelaan 135, 1030 SchaarbeekGoederenvervoer over de weg
since 20212.324.371.705
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21903B0276/00Y007 Brussels 156 m² 1 · 157 m² 14.0 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
03-03-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
13-03-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
27-12-2024
State Gazette act Director changes
06-03-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
30-11-2022
State Gazette act Capital & shares
13-10-2022
State Gazette act Capital & shares
Belgisch Staatsblad, acts 3 acts
Capital history · 2
30-11-2022
Capital change
13-10-2022
Capital change
All acts · 3 updated 1 year ago
2024
27-12-2024 NURULA Dzhoshkun resigns as director Director changes
  • NURULA Dzhoshkun, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "NURULA Dzhoshkun",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": "statutair",
      "compensated": null,
      "effective_date": "2024-11-30",
      "evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la d\u00E9mission au 30.11.2024 de l\u0027administrateur monsieur NURULA Dzhoshkun. L\u0027assembl\u00E9e d\u00E9cide \u00E9galement de lui attribuer, par un vote sp\u00E9cial et unanime, la d\u00E9charge totale pour toute la dur\u00E9e de son mandat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-12-27",
    "filing_date": "2024-12-17",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-11-30",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2024-11-30",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0775.312.585",
    "name_full": "N TRANS",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "ZDRAVKOV Georgi",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2022
30-11-2022 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "HADZHIEV Nikolay",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "ZDRAVKOV Georgi",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 50,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "HADZHIEV Nikolay",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "ZDRAVKOV Georgi",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2022-11-30",
    "filing_date": "2009-11-22",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2022-11-16",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2022-11-16"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0775.312.585",
    "name_full": "N TRANS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 Responsabilit\u00E9 Limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [],
  "share_classes_after": []
}
13-10-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2022-10-05",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2022-10-01",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2022-10-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0775.312.585",
    "name_full": "N TRANS",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 Responsabilit\u00E9 Limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Overige posterijen en koeriers53200Overige posterijen en koeriers53200
Primary activity highlighted.
Names & trade names
Legal nameFR N TRANS
Registered office
Voltairelaan 135
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
TRANSPORT DE SMEDT RENE BE 0413.559.005 · Meise
ETABLISSEMENTS G. MANSSENS BE 0419.317.934 · Nivelles
ARJO INTERNATIONAAL TRANSPORT BE 0416.608.961 · Lommel
ALTEAD DEVRIENDT BE 0405.181.668 · Zedelgem
Robert De Backer en zoon BE 0406.444.945 · Dendermonde
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative