NIL-TRANS
ActiveSummary
The computed 12-month bankruptcy probability of NIL-TRANS is 2.6% (moderate). The 2024 annual accounts show equity of €15,826 and a net result of €3,505. Equity is shrinking by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 6720 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability61▲+56
Solvency67▲+13
Growth22=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 0.86 in 2023; short-term debt: 58.3% of total assets), and 58.3% of the assets are financed with debt.
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Signals
Five 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
41.7%
Return on assets
9.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
3 d early
2022
9 d early
2021
39 d late
2020
10 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€34,814▼ 75.6%
2023 · €142,953
EBIT margin
38.8%▲ 42.9pp
2023 · -4.0%
Net result
€3,505
2023 · -€13,222
Working capital
€3,793
2023 · -€4,340
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€467,207▼ 18.4%€425,206▼ 9.0%€356,573▼ 16.1%€142,953▼ 59.9%€34,814▼ 75.6%
Operating result€11,303▲ 182%-€21,909-€19,433▲ 11.3%-€5,780▲ 70.3%€13,522
Net result€4,189within the sector's middle half-€25,870below the sector's middle half-€26,224below the sector's middle half▼ 1.4%-€13,222below the sector's middle half▲ 49.6%€3,505within the sector's middle half
EBIT margin2.4%▲ 1.7pp-5.2%▼ 7.6pp-5.4%▼ 0.3pp-4.0%▲ 1.4pp38.8%▲ 42.9pp
Equity€77,637within the sector's middle half▲ 5.7%€51,767within the sector's middle half▼ 33.3%€25,543within the sector's middle half▼ 50.7%€12,321within the sector's middle half▼ 51.8%€15,826within the sector's middle half▲ 28.4%
Total assets€209,776within the sector's middle half▲ 4.0%€175,813within the sector's middle half▼ 16.2%€140,792within the sector's middle half▼ 19.9%€42,742below the sector's middle half▼ 69.6%€37,997below the sector's middle half▼ 11.1%
Debt€132,139▲ 3.1%€124,046▼ 6.1%€115,249▼ 7.1%€30,421▼ 73.6%€22,171▼ 27.1%
Working capital€16,016within the sector's middle half▼ 38.5%-€6,615within the sector's middle half-€15,786below the sector's middle half▼ 139%-€4,340within the sector's middle half▲ 72.5%€3,793within the sector's middle half
Solvency37.0%within the sector's middle half▲ 0.6pp29.4%within the sector's middle half▼ 7.6pp18.1%within the sector's middle half▼ 11.3pp28.8%within the sector's middle half▲ 10.7pp41.7%within the sector's middle half▲ 12.8pp
Current ratio1.13within the sector's middle half▼ 0.120.94within the sector's middle half▼ 0.200.85within the sector's middle half▼ 0.090.86within the sector's middle half▲ 0.011.17within the sector's middle half▲ 0.31
Return on assets (ROA)2.0%within the sector's middle half▲ 3.9pp-14.7%below the sector's middle half▼ 16.7pp-18.6%below the sector's middle half▼ 3.9pp-30.9%below the sector's middle half▼ 12.3pp9.2%within the sector's middle half▲ 40.2pp
Staff (FTE)4.8above the sector's middle half▼ 17.2%3.8▼ 20.8%3.1▼ 18.4%0.4▼ 87.1%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13,522 after a loss of €5,780 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37,997
Fixed assets
€12,033 ▼ 27.8%
Current assets
€25,964 ▼ 0.4%
Equity and liabilities €37,997
Equity
€15,826 ▲ 28.4%
Debt
€22,171 ▼ 27.1%
Debt's share of the balance-sheet total falls from 71.2% to 58.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,150▲
2023 · -€2,124
Cash flow
€4,133▲
2023 · -€9,566
Debt to equity
1.40▼
2023 · 2.47
ROE
22.1%▲
2023 · -107.3%
Interest coverage
1.42▲
2023 · -0.29
Debt ≤ 1 year
€22,171▼
2023 · €30,421
Income taxes
€83▼
2023 · €88
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €467,207 | €425,206 | €356,573 | €142,953 | €34,814 | ▼ 75.6% |
| Non-recurring operating income76A | - | €19,735 | €19,958 | €10,522 | €12,250 | ▲ 16.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €242,543 | €229,911 | €120,265 | €27,362 | ▼ 77.2% |
| Remuneration, social security and pensions62 | - | €174,269 | €130,074 | €18,307 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,089 | €27,981 | €20,074 | €3,656 | €628 | ▼ 82.8% |
| Other operating charges640/8 | - | €20,848 | €14,939 | €14,336 | €5,552 | ▼ 61.3% |
| Non-recurring operating charges66A | - | €1,209 | €966 | €2,691 | - | - |
| Gross operating margin9900 | €262,219 | €202,398 | €146,620 | €33,210 | €19,702 | ▼ 40.7% |
| Operating profit (loss)9901 | €11,303 | -€21,909 | -€19,433 | -€5,780 | €13,522 | ▲ 334% |
| Financial income75/76B | - | €711 | €1,059 | - | - | - |
| Recurring financial income75 | €656 | €711 | €1,059 | - | - | - |
| Financial charges65/66B | - | €3,905 | €7,850 | €7,354 | €9,934 | ▲ 35.1% |
| Recurring financial charges65 | €3,947 | €3,905 | €7,850 | €7,354 | €9,934 | ▲ 35.1% |
| Profit (loss) for the period before taxes9903 | €8,012 | -€25,103 | -€26,224 | -€13,134 | €3,588 | ▲ 127% |
| Income taxes67/77 | €3,823 | €767 | - | €88 | €83 | ▼ 5.7% |
| Profit (loss) for the period9904 | €4,189 | -€25,870 | -€26,224 | -€13,222 | €3,505 | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | €4,189 | -€25,870 | -€26,224 | -€13,222 | €3,505 | ▲ 127% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €209,776 | €175,813 | €140,792 | €42,742 | €37,997 | ▼ 11.1% |
| Fixed assets21/28 | €73,677 | €75,568 | €54,216 | €16,661 | €12,033 | ▼ 27.8% |
| Tangible fixed assets22/27 | €64,222 | €66,113 | €44,761 | €4,628 | - | - |
| Plant, machinery and equipment23 | - | €104 | - | - | - | - |
| Furniture and vehicles24 | - | €65,331 | €44,309 | €4,402 | - | - |
| Other tangible fixed assets26 | - | €678 | €452 | €226 | - | - |
| Financial fixed assets28 | €9,455 | €9,455 | €9,455 | €12,033 | €12,033 | = |
| Current assets29/58 | €136,099 | €100,245 | €86,576 | €26,081 | €25,964 | ▼ 0.4% |
| Amounts receivable within one year40/41 | €116,167 | €88,215 | €42,723 | €8,439 | €25,964 | ▲ 208% |
| Trade receivables40 | - | €74,489 | €26,127 | - | - | - |
| Other amounts receivable41 | - | €13,726 | €16,596 | €8,439 | €25,964 | ▲ 208% |
| Cash at bank and in hand54/58 | €18,872 | €12,030 | €42,769 | €17,642 | - | - |
| Deferred charges and accrued income490/1 | - | - | €1,084 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €209,776 | €175,813 | €140,792 | €42,742 | €37,997 | ▼ 11.1% |
| Equity10/15 | €77,637 | €51,767 | €25,543 | €12,321 | €15,826 | ▲ 28.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €57,177 | €31,307 | €5,083 | -€8,139 | -€4,634 | ▲ 43.1% |
| Amounts payable17/49 | €132,139 | €124,046 | €115,249 | €30,421 | €22,171 | ▼ 27.1% |
| Amounts payable after more than one year17 | €12,056 | €17,186 | €12,887 | - | - | - |
| Financial debts170/4 | - | €17,186 | €12,887 | - | - | - |
| Amounts payable within one year42/48 | €120,083 | €106,860 | €102,362 | €30,421 | €22,171 | ▼ 27.1% |
| Current portion of amounts payable after more than one year42 | - | €19,745 | €21,914 | €5,135 | - | - |
| Financial debts43 | - | - | - | - | €13,111 | - |
| Credit institutions430/8 | - | - | - | - | €13,111 | - |
| Trade debts44 | €34,485 | €37,956 | €43,684 | €17,575 | €9,060 | ▼ 48.4% |
| Suppliers440/4 | - | €37,956 | €43,684 | €17,575 | €9,060 | ▼ 48.4% |
| Taxes, remuneration and social security45 | - | €49,159 | €36,764 | €7,711 | - | - |
| Taxes450/3 | - | €28,413 | €22,489 | €6,354 | - | - |
| Remuneration and social security454/9 | - | €20,746 | €14,275 | €1,357 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,189 | -€25,870 | -€26,224 | -€13,222 | €3,505 | ▲ 127% |
| + Depreciation and write-downs630 | €29,089 | €27,981 | €20,074 | €3,656 | €628 | ▼ 82.8% |
| Operating cash flow (approximation) | €33,278 | €2,111 | -€6,150 | -€9,566 | €4,133 | ▲ 143% |
| Investment in fixed assets (approximation) | - | -€29,872 | €1,278 | €33,899 | €4,000 | ▼ 88.2% |
| Change in cash | - | -€6,842 | €30,739 | -€25,127 | - | - |
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
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3,505
Net result €3,505 after 3 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€26,224
Net result drops to -€26,224, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Back to profitnet €4,189
Net result €4,189 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Schaarbeek · 1 establishment unit since 2013
Ground area
5,474 m²
Building footprint
2,033 m²
Volume, LiDAR
21,693 m³
2 parcels, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Metrologielaan 10, 1130 Brussel
since 20132.217.921.925
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0420/00D000 | Brussels | 5,361 m² | 1 · 1,949 m² | 14.3 m · 4 fl. |
| 21902A0272/00T002 | Brussels | 113 m² | 1 · 84 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 4,617 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
Founded26-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.