PAK TRANS

Active

Private limited companyfounded 20196 yrs activeGroot-Bijgaardenstraat 14, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0737.340.946

Summary

The computed 12-month bankruptcy probability of PAK TRANS is 5.2% (elevated). The 2024 annual accounts show equity of €85k and a net result of €62k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 6717 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

54 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability98▲+17

Solvency57=

Growth78=

Track record100

Bankruptcy probability, 12 months

5.2% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days only on tighter terms

Liquidity tight (current ratio 1.29 against 1.08 in 2023; short-term debt: 32.5% and cash: 0.9% of total assets), and 68.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Sector 49

higher

← fewer bankruptcies more bankruptcies →

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

71 d late

2023

77 d late

2022

31 d late

2021

16 d late

2020

53 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, micro schema

Equity

€85k▼ 39.8%

2023 · €141k

2020: €35k 2021: €45k 2022: €96k 2023: €141k

2020 → 2024

Total assets

€267k▼ 39.8%

2023 · €443k

2020: €164k 2021: €189k 2022: €313k 2023: €443k

2020 → 2024

Net result

€62k▲ 39.1%

2023 · €45k

2020: €29k 2021: €10k 2022: €51k 2023: €45k

2020 → 2024

Working capital

€25k▲ 90.4%

2023 · €13k

2020: €-14k 2021: €-3k 2022: €24k 2023: €13k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€35k-€45k▲ 29.0%€96k▲ 114%€141k▲ 46.4%€85k▼ 39.8%

Operating result€38k-€18k▼ 53.1%€71k▲ 298%€72k▲ 1.7%€92k▲ 27.0%

Net result€29k-€10k▼ 64.9%€51k▲ 406%€45k▼ 12.8%€62k▲ 39.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 27% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €267k

58.0%

42.0%

Fixed assets €155k ▼ 41.0%

Current assets €112k ▼ 38.0%

Equity and liabilities €267k

31.8%

68.2%

Equity €85k ▼ 39.8%

Debt €182k ▼ 39.8%

Debt's share of the balance-sheet total stays at 68.2%.

Key figures and ratios

2024 value · change against 2023

EBITDA

€158k▲

2023 · €142k

Cash flow

€128k▲

2023 · €114k

Current ratio

1.29▲

2023 · 1.08

Debt to equity

2.15▲

2023 · 2.15

ROE

73.2%▲

2023 · 31.7%

ROA

23.2%▲

2023 · 10.1%

Interest coverage

8.77▼

2023 · 9.03

Debt ≤ 1 year

€87k▼

2023 · €168k

Debt > 1 year

€95k▼

2023 · €135k

Income taxes

€19k▲

2023 · €17k

Staff costs

€227k▲

2023 · €216k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines

Balance sheet Code20232024

Assets

Total assets20/58€443k€267k▼

Fixed assets21/28€262k€155k▼

Tangible fixed assets22/27€256k€148k▼

Furniture and vehicles24€2k€1k▼

Leasing and similar rights25€253k€147k▼

Financial fixed assets28€6k€6k=

Current assets29/58€181k€112k▼

Amounts receivable within one year40/41€178k€107k▼

Trade receivables40€111k€96k▼

Other amounts receivable41€68k€10k▼

Cash at bank and in hand54/58-€3k

Deferred charges and accrued income490/1€3k€3k▲

Equity and liabilities

Total equity and liabilities10/49€443k€267k▼

Equity10/15€141k€85k▼

Contributions10/11€6k€6k=

Profit (loss) carried forward14€135k€79k▼

Amounts payable17/49€302k€182k▼

Amounts payable after more than one year17€135k€95k▼

Financial debts170/4€135k€95k▼

Amounts payable within one year42/48€168k€87k▼

Current portion of amounts payable after more than one year42€90k€59k▼

Financial debts43€23k-

Credit institutions430/8€23k-

Trade debts44€27k€21k▼

Suppliers440/4€27k€21k▼

Taxes, remuneration and social security45€28k€8k▼

Taxes450/3€22k€5k▼

Remuneration and social security454/9€5k€3k▼

Income statement Code20232024

Remuneration, social security and pensions62€216k€227k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€66k▼

Other operating charges640/8€16k€4k▼

Gross operating margin9900€374k€389k▲

Operating profit (loss)9901€72k€92k▲

Financial income75/76B€5k€8k▲

Recurring financial income75€5k€8k▲

Financial charges65/66B€16k€18k▲

Recurring financial charges65€16k€18k▲

Profit (loss) for the period before taxes9903€62k€81k▲

Income taxes67/77€17k€19k▲

Profit (loss) for the period9904€45k€62k▲

Profit (loss) for the period to be appropriated9905€45k€62k▲

Appropriation of the result

Profit (loss) to be appropriated9906€135k€197k▲

Profit (loss) brought forward from the previous period14P€90k€135k▲

Profit to be distributed694/7-€118k

Return on contributions (dividend)694-€118k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2025

10-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 71 days late

2024

31-12

Financial Highest result since 2020net €62k ▲39.1%

Operating result €92k, net result €62k, both a record.

16-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 77 days late

2023

31-12

Financial Equity above €100kEq €141k ▲46.4%

4 profitable years in a row build equity to €141k.

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

16-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 16 days late

2021

31-12

Financial Weakest financial yearnet €10k ▼64.9%

Net result drops to €10k, the lowest in the series; recovery starts the following year.

08-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Agatha-Berchem · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Groot-Bijgaardenstraat 141082 Sint-Agatha-Berchem

Ground area

290 m²

Building footprint

293 m²

Volume, LiDAR

2,049 m³

Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Groot-Bijgaardenstraat 14, 1082 Sint-Agatha-Berchem

Freight transport by road

since 20202.381.082.160

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21342B0043/00F003	Brussels	290 m²	1 · 293 m²	10.6 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

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TRANS CONNEC COMPANY

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Vangheluwe - Delanote

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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,308 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-11-2019

Fiscal year end31-12

Activities, NACEBEL 2025

49410Freight transport by road

53200Other postal and courier activities

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

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