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North Star Transport

Active
Private limited companyfounded 2024active for 2 yearsLiersesteenweg 19, 2800 Mechelen, BelgiumKBO/BCE: BE 1015.635.134
Summary

The computed 12-month bankruptcy probability of North Star Transport is 2.8% (moderate). The 2025 annual accounts show equity of €17,487 and a net result of €8,487. Its solvency ranks better than 48% of 5,895 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 28-10-2024 Normal situation
Activity
Freight transport by road NACE 49410
Establishment unit
2.366.490.093 2800 Mechelen, since 28-10-2024
Financial year end
31 December
Peppol
Reachable since 15-12-2024

Board and ownership

Board
  • Karpiesiuk ArturDirector
  • Karpiesiuk SebastianDirector

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2025
Gross margin
€13,427
Turnover
≈ €110,000
estimated
Profit
€8,487
Equity
€17,487
Total assets
€48,393
Score breakdownraises riskFounded in 2024Sector: Land transport and transport via pipelines (NACE 49)Size: total assets €48,393lowers riskLiquidity: current ratio 1.86, cash €11,902Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 63% of micro companies in land transport (NACE 49)
Financial strength
Strong
Solvency 61
equity 36.1% of total assets
Liquidity 54
short-term debt 52.9% · cash 24.6%
Profitability 91
return on assets 17.5%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2025: 3.6% 12-2025: 3.6%● unchanged vs 11-2025 01-2026: 3.7%▲ +0.1 percentage points vs 12-2025 02-2026: 6.9%▲ +3.2 percentage points vs 01-2026 03-2026: 7.1%▲ +0.2 percentage points vs 02-2026 04-2026: 7.6%▲ +0.5 percentage points vs 03-2026 05-2026: 7.6%● unchanged vs 04-2026 06-2026: 7.9%▲ +0.3 percentage points vs 05-2026highest value 07-2026: 7.9%● unchanged vs 06-2026highest value 08-2026: 2.8%▼ -5.1 percentage points vs 07-2026lowest value 09-2026: 2.8%● unchanged vs 08-2026lowest value 10-2026: 2.8%● unchanged vs 09-2026 11-2026: 2.8%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.86, above the usual 1.5. Short-term debt is 52.9% and cash 24.6% of total assets. However, 63.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 48% of them on solvency, 59% on liquidity and 80% on profitability.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: total assets €48,393
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.86, cash €11,902
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
24 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved from Turnhout to Mechelen
  2. · Gazette deed IncorporationStarting capital €9,000
All 3 events

Comparable companies

These companies have the same main activity as North Star Transport: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €34,300 and €70,000, founded between 2023 and 2025.

CompanyTotal assetsGross margin
North Star Transport Mechelen€48,393€13,427
GAGKO 23 Herstal€39,760€12,304
JLE TRANSPORTS Charleroi€54,700€14,783
AA SERVICES PRO Kapelle-op-den-Bos€55,021€11,886
Empex Logistics Mechelen€34,284€17,842
Lintrans Schoten€70,000€14,872
KIZILOZ Antwerpen€44,173€14,828
Full comparison

Key facts about North Star Transport

What is the company number of North Star Transport?
The company number of North Star Transport is 1015.635.134. The VAT number is the same number with BE in front: BE 1015.635.134.
Where is North Star Transport based?
The registered office is at Liersesteenweg 19, 2800 Mechelen.Company details
What does North Star Transport do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of North Star Transport?
The legal form of North Star Transport is Private limited company (BV).
When was North Star Transport founded?
North Star Transport was founded on 28-10-2024.
Is North Star Transport still active?
Yes, North Star Transport is an active enterprise in the KBO register.
What is the turnover of North Star Transport?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €13,427 and 67 comparable companies (NACE 49410). It probably lies between €55,000 and €190,000. It is a rough estimate.Financials
Is North Star Transport profitable?
In financial year 2025, North Star Transport made a profit of €8,487.
Where can I find the annual accounts of North Star Transport?
North Star Transport filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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