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NORD TRANS

Active
Private limited companyfounded 20215 yrs activeBergense Steenweg 858, 1070 Anderlecht, BelgiumKBO/BCE: BE 0762.906.384
Summary

The computed 12-month bankruptcy probability of NORD TRANS is 7.4% (elevated). The 2024 annual accounts show equity of €17,317 and a net result of -€5,445. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 6717 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability59▼-2
Solvency50▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.2 against 0.79 in 2023; short-term debt: 45% and cash: 14.2% of total assets), and 75.3% of the assets are financed with debt.
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Signals

Six 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 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 · 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 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
24.7%
Return on assets
-7.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
21222324
2021 to 2024 · latest year -€5,445
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
91 d late
2022
92 d late
2021
80 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 73 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)
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

NORD TRANS was incorporated on 4 February 2021 as a Private limited company.1 Total assets fell from EUR 93,212 in 2021 to EUR 70,044 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€17,317▼ 23.9%
2023 · €22,762
Total assets
€70,044▼ 29.1%
2023 · €98,793
Net result
-€5,445▲ 7.6%
2023 · -€5,890
Working capital
€6,332
2023 · -€11,114
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€6,072-€23,585▲ 288%-€5,772-€5,051▲ 12.5%
Net result€3,903within the sector's middle half-€22,749within the sector's middle half▲ 483%-€5,890below the sector's middle half-€5,445below the sector's middle half▲ 7.6%
Equity€5,903below the sector's middle half-€28,652within the sector's middle half▲ 385%€22,762within the sector's middle half▼ 20.6%€17,317within the sector's middle half▼ 23.9%
Total assets€93,212within the sector's middle half-€119,637within the sector's middle half▲ 28.3%€98,793within the sector's middle half▼ 17.4%€70,044within the sector's middle half▼ 29.1%
Debt€87,309-€90,985▲ 4.2%€76,031▼ 16.4%€52,726▼ 30.7%
Working capital-€38,489below the sector's middle half--€37,531below the sector's middle half▲ 2.5%-€11,114below the sector's middle half▲ 70.4%€6,332within the sector's middle half
Solvency6.3%below the sector's middle half-23.9%within the sector's middle half▲ 17.6pp23.0%within the sector's middle half▼ 0.9pp24.7%within the sector's middle half▲ 1.7pp
Current ratio0.04below the sector's middle half-0.51below the sector's middle half▲ 0.460.79within the sector's middle half▲ 0.291.20within the sector's middle half▲ 0.41
Return on assets (ROA)4.2%within the sector's middle half-19.0%above the sector's middle half▲ 14.8pp-6.0%below the sector's middle half▼ 25.0pp-7.8%below the sector's middle half▼ 1.8pp
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
-€10,000€0€10,000€20,000Operating result 2021: €6,072€6,072Net result 2021: €3,903€3,903Operating result 2022: €23,585€23,585Net result 2022: €22,749€22,749Operating result 2023: -€5,772-€5,772Net result 2023: -€5,890-€5,890Operating result 2024: -€5,051-€5,051Net result 2024: -€5,445-€5,4452021202220232024-€10,000€0€10,000€20,000Operating result 2022: €23,585€23,600Net result 2022: €22,749€22,700Operating result 2023: -€5,772-€5,770Net result 2023: -€5,890-€5,890Operating result 2024: -€5,051-€5,050Net result 2024: -€5,445-€5,440202220232024
The operating result stays negative: a loss of €5,051 in 2024 against €5,772 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70,044
Fixed assets €32,204 ▼ 42.5%
Current assets €37,840 ▼ 11.6%
Equity and liabilities €70,044
Equity €17,317 ▼ 23.9%
Debt €52,726 ▼ 30.7%
Debt's share of the balance-sheet total falls from 77.0% to 75.3%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€20,249▲
2023 · €19,376
Cash flow
€19,855▲
2023 · €19,258
Debt to equity
3.04▼
2023 · 3.34
ROE
-31.4%▼
2023 · -25.9%
Interest coverage
51.43▼
2023 · 164.28
Debt ≤ 1 year
€31,508▼
2023 · €53,932
Debt > 1 year
€2,610▼
2023 · €14,940
Staff costs
€6,058▼
2023 · €7,660
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.4% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 1,548 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 · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€98,793€70,044▼
Fixed assets21/28€55,975€32,204▼
Tangible fixed assets22/27€55,975€32,204▼
Furniture and vehicles24€55,975€32,204▼
Current assets29/58€42,818€37,840▼
Amounts receivable within one year40/41€34,817€27,911▼
Trade receivables40€34,389€27,911▼
Other amounts receivable41€428-
Cash at bank and in hand54/58€8,001€9,928▲
Equity and liabilities
Total equity and liabilities10/49€98,793€70,044▼
Equity10/15€22,762€17,317▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€20,762€15,317▼
Amounts payable17/49€76,031€52,726▼
Amounts payable after more than one year17€14,940€2,610▼
Financial debts170/4€14,940€2,610▼
Amounts payable within one year42/48€53,932€31,508▼
Current portion of amounts payable after more than one year42€7,110€12,330▲
Trade debts44€46,590€10,700▼
Suppliers440/4€4,507€10,700▲
Bills of exchange payable441€42,083-
Taxes, remuneration and social security45€232€1,687▲
Taxes450/3€232€232=
Remuneration and social security454/9-€1,455
Other amounts payable47/48-€6,792
Accrued charges and deferred income492/3€7,159€18,608▲
Income statement Code20232024
Remuneration, social security and pensions62€7,660€6,058▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,147€25,300▲
Other operating charges640/8€315€935▲
Gross operating margin9900€27,351€27,243▼
Operating profit (loss)9901-€5,772-€5,051▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€118€394▲
Recurring financial charges65€118€394▲
Profit (loss) for the period before taxes9903-€5,890-€5,445▲
Profit (loss) for the period9904-€5,890-€5,445▲
Profit (loss) for the period to be appropriated9905-€5,890-€5,445▲
Appropriation of the result
Profit (loss) to be appropriated9906€20,762€15,317▼
Profit (loss) brought forward from the previous period14P€26,652€20,762▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62€748€7,127€7,660€6,058▼ 20.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,600€25,147€25,147€25,300▲ 0.6%
Other operating charges640/8€135€3,171€315€935▲ 197%
Gross operating margin9900€16,556€59,031€27,351€27,243▼ 0.4%
Operating profit (loss)9901€6,072€23,585-€5,772-€5,051▲ 12.5%
Financial income75/76B---€0-
Recurring financial income75---€0-
Financial charges65/66B€2,169€310€118€394▲ 234%
Recurring financial charges65€2,169€310€118€394▲ 234%
Profit (loss) for the period before taxes9903€3,903€23,275-€5,890-€5,445▲ 7.6%
Income taxes67/77-€526---
Profit (loss) for the period9904€3,903€22,749-€5,890-€5,445▲ 7.6%
Profit (loss) for the period to be appropriated9905€3,903€22,749-€5,890-€5,445▲ 7.6%
Line2021202220232024Change
Assets
Total assets20/58€93,212€119,637€98,793€70,044▼ 29.1%
Fixed assets21/28€91,470€81,123€55,975€32,204▼ 42.5%
Tangible fixed assets22/27€91,470€81,123€55,975€32,204▼ 42.5%
Furniture and vehicles24€91,470€81,123€55,975€32,204▼ 42.5%
Current assets29/58€1,742€38,515€42,818€37,840▼ 11.6%
Amounts receivable within one year40/41-€14,155€34,817€27,911▼ 19.8%
Trade receivables40-€6,847€34,389€27,911▼ 18.8%
Other amounts receivable41-€7,308€428--
Cash at bank and in hand54/58€1,742€17,017€8,001€9,928▲ 24.1%
Deferred charges and accrued income490/1-€7,343---
Equity and liabilities
Total equity and liabilities10/49€93,212€119,637€98,793€70,044▼ 29.1%
Equity10/15€5,903€28,652€22,762€17,317▼ 23.9%
Contributions10/11€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€3,903€26,652€20,762€15,317▼ 26.2%
Amounts payable17/49€87,309€90,985€76,031€52,726▼ 30.7%
Amounts payable after more than one year17€43,380€14,940€14,940€2,610▼ 82.5%
Financial debts170/4€43,380€14,940€14,940€2,610▼ 82.5%
Amounts payable within one year42/48€40,231€76,045€53,932€31,508▼ 41.6%
Current portion of amounts payable after more than one year42€28,440€28,440€7,110€12,330▲ 73.4%
Trade debts44€1,112€9,526€46,590€10,700▼ 77.0%
Suppliers440/4€1,112€9,526€4,507€10,700▲ 137%
Bills of exchange payable441--€42,083--
Taxes, remuneration and social security45-€27,408€232€1,687▲ 627%
Taxes450/3-€27,408€232€232=
Remuneration and social security454/9---€1,455-
Other amounts payable47/48€10,679€10,672-€6,792-
Accrued charges and deferred income492/3€3,697-€7,159€18,608▲ 160%
Line2021202220232024Change
Profit (loss) for the period9904€3,903€22,749-€5,890-€5,445▲ 7.6%
+ Depreciation and write-downs630€9,600€25,147€25,147€25,300▲ 0.6%
Operating cash flow (approximation)€13,503€47,896€19,258€19,855▲ 3.1%
Investment in fixed assets (approximation)--€14,800€0-€1,529-
Change in cash-€15,275-€9,016€1,927▲ 121%

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

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial Weakest financial yearnet -€5,890
Net result drops to -€5,890, the lowest in the series; recovery starts the following year.
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial Highest result since 2021net €22,749 ▲483%
Operating result €23,585, net result €22,749, both a record.
19-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
323 m²
Building footprint
275 m²
Volume, LiDAR
2,129 m³
2 parcels, Brussels · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Van Souststraat 247, 1070 Anderlecht
Freight transport by road
since 20212.313.435.251
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21302A0024/00L008 Brussels 169 m² 1 · 169 m² 14.6 m · 2 fl.
21306D0352/00T000 Brussels 154 m² 1 · 106 m² 10.8 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.

Similar companies · same sector, comparable size

Of 12,573 companies in this sector we hold annual accounts for 8,205. 4,754 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded04-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
49420Removal services
52250Logistics services
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0762906384
Also 9925:BE0762906384
Registered 01-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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