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NJF Trans

Active
Private limited companyfounded 20233 yrs activeSint Kamielstraat 89, 9300 Aalst, BelgiumKBO/BCE: BE 0804.051.212
Summary

The computed 12-month bankruptcy probability of NJF Trans is 3.9% (moderate). The 2025 annual accounts show equity of €30,550 and a net result of €64,451. Equity is growing by ~39.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 6719 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency41▼-15
Growth78=
Track record94
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.63 against 1.15 in 2024; short-term debt: 73.6% and cash: 15.5% of total assets), and 84.1% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
15.9%
Return on assets
33.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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 · 3 filings
Deviation from the deadline
2025
54 d late
2024
30 d late
2023
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 36 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 (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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

NJF Trans was incorporated on 17 July 2023 as a Private limited company.1 Total assets rose from EUR 12,746 in 2023 to EUR 191,771 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€30,550▼ 19.8%
2024 · €38,099
Total assets
€191,771▲ 58.2%
2024 · €121,222
Net result
€64,451▲ 103%
2024 · €31,725
Working capital
-€51,875
2024 · €7,147
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
Line202320242025
Operating result€5,468-€42,542▲ 678%€87,692▲ 106%
Net result€4,374within the sector's middle half-€31,725above the sector's middle half▲ 625%€64,451▲ 103%
Equity€6,374below the sector's middle half-€38,099within the sector's middle half▲ 498%€30,550▼ 19.8%
Total assets€12,746below the sector's middle half-€121,222within the sector's middle half▲ 851%€191,771▲ 58.2%
Debt€6,372-€83,123▲ 1,204%€161,221▲ 94.0%
Working capital€6,374-€7,147▲ 12.1%-€51,875
Solvency50.0%within the sector's middle half-31.4%within the sector's middle half▼ 18.6pp15.9%▼ 15.5pp
Staff (FTE)11.8▲ 80.0%
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
€0€25,000€50,000€75,000€100,000Operating result 2023: €5,468€5,468Net result 2023: €4,374€4,374Operating result 2024: €42,542€42,542Net result 2024: €31,725€31,725Operating result 2025: €87,692€87,692Net result 2025: €64,451€64,451202320242025€0€25,000€50,000€75,000€100,000Operating result 2023: €5,468€5,470Net result 2023: €4,374€4,370Operating result 2024: €42,542€42,500Net result 2024: €31,725€31,700Operating result 2025: €87,692€87,700Net result 2025: €64,451€64,500202320242025
The operating result has risen two years in a row; 2025 is 106% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191,771
Fixed assets €102,587 ▲ 52.5%
Current assets €89,184 ▲ 65.3%
Equity and liabilities €191,771
Equity €30,550 ▼ 19.8%
Debt €161,221 ▲ 94.0%
Debt's share of the balance-sheet total rises from 68.6% to 84.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€102,376▲
2024 · €55,107
Cash flow
€79,134▲
2024 · €44,290
Current ratio
0.63▼
2024 · 1.15
Debt to equity
5.28▲
2024 · 2.18
ROE
211.0%▲
2024 · 83.3%
ROA
33.6%▲
2024 · 26.2%
Interest coverage
14.46▼
2024 · 19.96
Debt ≤ 1 year
€141,059▲
2024 · €46,805
Debt > 1 year
€20,162▼
2024 · €36,318
Income taxes
€16,163▲
2024 · €8,057
Staff costs
€117,829▲
2024 · €16,299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 7,976 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€121,222€191,771▲
Fixed assets21/28€67,270€102,587▲
Tangible fixed assets22/27€67,135€102,452▲
Furniture and vehicles24€13,514€48,831▲
Leasing and similar rights25€53,621€53,621=
Financial fixed assets28€135€135=
Current assets29/58€53,952€89,184▲
Amounts receivable within one year40/41€34,460€59,440▲
Trade receivables40€34,460€59,440▲
Cash at bank and in hand54/58€19,492€29,744▲
Equity and liabilities
Total equity and liabilities10/49€121,222€191,771▲
Equity10/15€38,099€30,550▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€36,099€28,550▼
Amounts payable17/49€83,123€161,221▲
Amounts payable after more than one year17€36,318€20,162▼
Financial debts170/4€36,318€20,162▼
Amounts payable within one year42/48€46,805€141,059▲
Current portion of amounts payable after more than one year42€18,787€50,040▲
Trade debts44€9,870€10,778▲
Suppliers440/4€9,870€10,778▲
Taxes, remuneration and social security45€18,149€79,431▲
Taxes450/3€16,222€52,883▲
Remuneration and social security454/9€1,927€26,549▲
Other amounts payable47/48-€810
Income statement Code20242025
Remuneration, social security and pensions62€16,299€117,829▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,565€14,683▲
Other operating charges640/8€1,289€2,157▲
Gross operating margin9900€72,695€222,361▲
Operating profit (loss)9901€42,542€87,692▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€2,761€7,078▲
Recurring financial charges65€2,761€7,078▲
Profit (loss) for the period before taxes9903€39,782€80,614▲
Income taxes67/77€8,057€16,163▲
Profit (loss) for the period9904€31,725€64,451▲
Profit (loss) for the period to be appropriated9905€31,725€64,451▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,099€100,550▲
Profit (loss) brought forward from the previous period14P€4,374€36,099▲
Profit to be distributed694/7-€72,000
Return on contributions (dividend)694-€72,000

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€16,299€117,829▲ 623%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€12,565€14,683▲ 16.9%
Other operating charges640/8-€1,289€2,157▲ 67.3%
Gross operating margin9900€5,468€72,695€222,361▲ 206%
Operating profit (loss)9901€5,468€42,542€87,692▲ 106%
Financial income75/76B-€1€0▼ 98.4%
Recurring financial income75-€1€0▼ 98.4%
Financial charges65/66B-€2,761€7,078▲ 156%
Recurring financial charges65-€2,761€7,078▲ 156%
Profit (loss) for the period before taxes9903€5,468€39,782€80,614▲ 103%
Income taxes67/77€1,094€8,057€16,163▲ 101%
Profit (loss) for the period9904€4,374€31,725€64,451▲ 103%
Profit (loss) for the period to be appropriated9905€4,374€31,725€64,451▲ 103%
Line202320242025Change
Assets
Total assets20/58€12,746€121,222€191,771▲ 58.2%
Fixed assets21/28-€67,270€102,587▲ 52.5%
Tangible fixed assets22/27-€67,135€102,452▲ 52.6%
Furniture and vehicles24-€13,514€48,831▲ 261%
Leasing and similar rights25-€53,621€53,621=
Financial fixed assets28-€135€135=
Current assets29/58€12,746€53,952€89,184▲ 65.3%
Amounts receivable within one year40/41€12,746€34,460€59,440▲ 72.5%
Trade receivables40€12,746€34,460€59,440▲ 72.5%
Cash at bank and in hand54/58-€19,492€29,744▲ 52.6%
Equity and liabilities
Total equity and liabilities10/49€12,746€121,222€191,771▲ 58.2%
Equity10/15€6,374€38,099€30,550▼ 19.8%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14€4,374€36,099€28,550▼ 20.9%
Amounts payable17/49€6,372€83,123€161,221▲ 94.0%
Amounts payable after more than one year17-€36,318€20,162▼ 44.5%
Financial debts170/4-€36,318€20,162▼ 44.5%
Amounts payable within one year42/48€6,372€46,805€141,059▲ 201%
Current portion of amounts payable after more than one year42-€18,787€50,040▲ 166%
Trade debts44€2,561€9,870€10,778▲ 9.2%
Suppliers440/4€2,561€9,870€10,778▲ 9.2%
Taxes, remuneration and social security45€3,135€18,149€79,431▲ 338%
Taxes450/3€3,135€16,222€52,883▲ 226%
Remuneration and social security454/9-€1,927€26,549▲ 1,278%
Other amounts payable47/48€677-€810-
Line202320242025Change
Profit (loss) for the period9904€4,374€31,725€64,451▲ 103%
+ Depreciation and write-downs630-€12,565€14,683▲ 16.9%
Operating cash flow (approximation)€4,374€44,290€79,134▲ 78.7%
Investment in fixed assets (approximation)---€50,000-
Change in cash--€10,251-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 54 days late
2025
31-12
Financial Highest result since 2023net €64,451 ▲103%
Operating result €87,692, net result €64,451, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
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, Aalst · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
52 m²
Parcel 41002B0404/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
NJF Trans
Sint Kamielstraat 89, 9300 AalstFreight transport by road
since 20232.348.467.394
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002B0404/00M000 Flanders 52 m² - -
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.

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,767 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
Founded17-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804051212
Also 9925:BE0804051212
Registered 19-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.