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P.P. TRANSPORT

Active Private limited companyfounded 2008active for 18 yearsOude Passendalestraat 5, 8840 StadenKBO/BCE: BE 0897.498.438 subsidiary of P.S. Transport

Lifetime

18 annual accounts with figures on one time axis
peak €457,931 (2017)
€57,191▲ €61,594
lowest -€24,237 (2022)
€35,747▲ €55,461
peak €275,678 (2021)
€257,817▲ 8.8%
€134,830▲ 42.3%
peak 3 FTE (2014)
0 FTE 
Board3 names since 2022
1 directorP.S. Transport
Owners
  
Documentsfilings and deeds
12-05-2026172 days before the deadline
2026abbreviated format
Gross margin from -€4,403 to €57,191Back to profit: €35,747Dividend €15,000Debts from €94,721 to €134,830Investments €87,299Cash from €59,557 to €83,757

Key points

from the 2026 annual accounts

Equity

€257,817 ▲ 8.8%
237,0702025+35,747Profit-15,000Dividend257,8172026

P.P. TRANSPORT paid out €15,000 in dividends. That is 42% of the 2026 profit.

Result

€35,747 €35,747
-€19,7002025€35,7002026

Back in profit in 2026, after a loss of €19,714 in 2025.

Turnover

≈ €200,000 estimated

The accounts state no turnover.

Investments

€112,899 7.7 × depreciation
2022202420252026

Green is investment, beige is depreciation.

Liquidity

2.03 was 6.31 in 2025

Short-term debts rose from €14,959 to €41,887.

Filings

18 annual accounts since 2009
deadline2010201520202025

The last five annual accounts were filed 29 to 175 days before the end of the period.

Checked score

94
Excellent
Financially stronger than 69% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.3 percentage points vs 05-2025highest value 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.3%● unchanged vs 07-2025highest value 09-2025: 0.3%● unchanged vs 08-2025highest value 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.2 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

89-5equity 63.7% of total assets
76+4short-term debt 10.4% · cash 20.7%
80+68return on assets 8.8%

Score breakdown

raises risk
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Liquidity: current ratio 2.03, cash €83,757
Founded in 2008
Equity €257,817 (63.7% of total assets)
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 75% of them on solvency, 81% on liquidity, 65% on profitability and 53% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as P.P. TRANSPORT has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of P.P. TRANSPORT itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for P.P. TRANSPORT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €24,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.03 (6.31 in 2025), above the usual 1.5. Short-term debt is 10.4% and cash 20.7% of total assets. 36.3% of the assets are financed with debt and provisions.

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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 · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Liquidity: current ratio 2.03, cash €83,757
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €257,817 (63.7% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 12-05-2026, 172 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
172 days early
2025
175 days early
2024
49 days early
2023
29 days early
2022
35 days early
2021
34 days early
2020
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 75 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 12 September (4 of the last 5 accounts filed within 123 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PS
Director, Steven Parrein, since 14-05-2024
  • P.S. Transport 100%score 67equity €444,132 (2025) · 2025 annual accounts of P.S. Transport
  • Marleen Lapereannual accounts 31-03-2018
  • Patrick Parreinannual accounts 31-03-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0897498438
1 director appointed, 1 resignation Resignation: Patrick Parrein (statutory director) · Appointment: P.S. TRANSPORT · Permanent representative: Steven Parrein · General meeting of 14-05-2024 · Gazette deed
Appointments: Patrick Parrein (statutory director) and Marleen Lapere (statutory director) General meeting of 30-11-2023 · Gazette deed
Incorporation published on 06-05-2008 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
P.P. TRANSPORT Staden €404,491 €57,191 63.7% 0
VIERENDEEL DIRK EN KIM Sint-Pieters-Leeuw €535,094 €106,310 25.7% 0
MAXIANDITRANS Sint-Gillis-Waas €363,215 €108,114 39.4% 0
CL TRANS Kapellen €274,863 €70,802 51.2% 0
LAMBERT TVSL AIR & OCEAN Ardooie €522,984 €54,361 22.7% 0.3
KT Transport Antwerp €328,557 €50,679 65.7% 0
TRANSMET LOGISTICS Boutersem €431,394 €125,221 75.1% 0

These companies have the same main activity as P.P. TRANSPORT: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €275,000 and €535,000, founded between 2000 and 2017.

Official details

Source: KBO
Status
Active since 24-04-2008Normal situation
Activity
Freight transport by roadNACE 49410and 1 other
Establishment unit
2.170.770.4238840 Staden, since 22-04-2008
Financial year end
31 March
Peppol
Reachable since 27-03-2026
Company details

Annual accounts to 31-03-2026

€404,491▲ 18.4%
Filing
Filed on 12-05-2026, 172 days before the end of the filing period
Financials

Insights on P.P. TRANSPORT

P.P. TRANSPORT files the abbreviated format. That format states no turnover. The gross margin fell from €216,276 in 2009 to €57,191 in 2026.

The balance sheet grew most from 2014 to 2016 through fixed assets.

P.S. Transport holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about P.P. TRANSPORT

What is the company number of P.P. TRANSPORT?
The company number of P.P. TRANSPORT is 0897.498.438. The VAT number is the same number with BE in front: BE 0897.498.438.
Where is P.P. TRANSPORT based?
The registered office is at Oude Passendalestraat 5, 8840 Staden.Company details
What does P.P. TRANSPORT do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of P.P. TRANSPORT?
P.P. TRANSPORT is a private limited company (BV).
When was P.P. TRANSPORT founded?
P.P. TRANSPORT was founded on 24-04-2008.
Is P.P. TRANSPORT still active?
Yes, P.P. TRANSPORT is an active enterprise in the KBO register.
How many employees does P.P. TRANSPORT have?
P.P. TRANSPORT had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of P.P. TRANSPORT?
The turnover in financial year 2026 is ≈ €200,000. This figure is estimated from the gross margin of €57,191 and 55 comparable companies (NACE 49410). It probably lies between €160,000 and €250,000.
Is P.P. TRANSPORT profitable?
In financial year 2026, P.P. TRANSPORT made a profit of €35,747.
Where can I find the annual accounts of P.P. TRANSPORT?
P.P. TRANSPORT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of P.P. TRANSPORT due?
P.P. TRANSPORT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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