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PK Trans

Active Private limited companyfounded 2022active for 4 yearsDammekenswegel 2C, 9810 Nazareth-De PinteKBO/BCE: BE 0788.672.554 #10 company by total assets in Nazareth-De Pinte, Transport and storage sector

Lifetime

4 annual accounts with figures on one time axis
peak €665,959 (2025)
€665,959▲ 92.5%
peak €115,142 (2024)
€112,977▼ 1.9%
peak €268,021 (2025)
€268,021▲ 72.9%
€709,587▲ 73.4%
Board2 names since 2022
2 directorsBOVYN Patricia Rolande Elvira and 1 other
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from €345,877 to €665,959Equity from €155,045 to €268,021Debts from €409,261 to €709,587Investments €447,997

Key points

from the 2025 annual accounts

Turnover

≈ €1.5m estimated

The micro format states no turnover.

Debts

€709,587 ▲ 73.4%
Financial debts
+178,183
Taxes and wages
+55,376
The rest
+66,767

Debts rose by €300,327 in 2025.

Investments

€441,997 3.9 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

5.1 FTE ▲ 143%
2.120245.12025

More staff in 2025 from 2.1 FTE to 5.1 FTE.

Filings

4 annual accounts 76 days
AprilJune31 JulyOctober2022202320242025

Latest accounts filed late: after the legal deadline.

Position in the sector

€112,977

Higher net result than 95% of companies in land transport. Sector median €5,669 · 5,918 companies.

Checked score

55
Fair
Financially stronger than 61% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
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 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.8% 01-2025: 3.8%● unchanged vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.8%● unchanged vs 02-2025 04-2025: 4.6%▲ +0.8 percentage points vs 03-2025 05-2025: 5.6%▲ +1.0 percentage point vs 04-2025 06-2025: 5.7%▲ +0.1 percentage points vs 05-2025 07-2025: 5.9%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.7%▼ -4.2 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 0.8%▼ -0.9 percentage points vs 02-2026lowest value 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%▲ +0.2 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 2.0%▲ +0.3 percentage points vs 09-2026 11-2026: 2.0%● unchanged vs 10-2026

Financial strength
Strong

52=equity 27.4% of total assets
47-7short-term debt 26.7% · cash 6.2%
83-11return on assets 11.6%

Score breakdown

raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Last filed accounts filed 76 days late; 1 of the last 3 accounts late
Founded in 2022
lowers risk
Size: total assets €977,609
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 39% of them on solvency, 48% on liquidity, 71% on profitability and 85% on growth.

The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 7,976 companies had the same profile as PK Trans has now. Each dot stands for 20 companies, two years later.

94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PK Trans itself: 2.0% 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 7,976 companies, not a prediction for PK Trans. 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 €14,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.93 (1.08 in 2024), below 1. Short-term debt is 26.7% and cash 6.2% of total assets. 72.6% 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 risk
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Last filed accounts filed 76 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €977,609
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
76 days late
2024
1 day early
2023
3 days early
2022
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 20 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

BP
Director, since 18-07-2022
HK
Director, since 18-07-2022
  • BOVYN Patricia Rolande Elvira 24 sharesdeed of 20-07-2022
  • HUGAERTS Kim 96 sharesdeed of 20-07-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0788672554
Registered office moved from Tielt-Winge to Nazareth New registered office: Dammekenswegel nr.2 C te 9810 Nazareth · Previous registered office: Walenbos 11 te 3390 Tielt-Winge (Houwaart) · Board meeting of 12-01-2024 · Gazette deed
Incorporation Founding capital of €2,000, 120 shares · Founders: BOVYN Patricia Rolande Elvira and HUGAERTS Kim · Appointments: BOVYN Patricia Rolande Elvira (director) and HUGAERTS Kim (director) · published on 20-07-2022 · Gazette deed
First establishment Dammekenswegel 2, Nazareth
All 11 events

Comparable companies

same main activity, similar in size and age
Company
PK Trans Nazareth-De Pinte €1.0m €665,959 27.4% -
VERSLUYS Lievegem €0.9m €626,900 10.9% -
PRT TRANSPORT Libramont-Chevigny €1.2m €660,811 -2.2% 8.8
NEELE-VAT LOGISTICS BELGIUM Hoogstraten €1.0m €797,339 1.7% 10.7
Fransen Logistics Oud-Turnhout €0.9m €620,522 16.4% 3.6
FFD CARGO Flémalle €0.9m €816,255 30.5% -
Kendor Events en Logistics Horebeke €0.9m €520,078 25.3% -

These companies have the same main activity as PK Trans: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €877,000 and €1.2m, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 18-07-2022Normal situation
Activity
Freight transport by roadNACE 49410and 3 others
Joint committee
140.03Road transport and logistics for third parties · annual accounts 2025
Establishment unit
2.333.788.9209810 Nazareth, since 18-07-2022
Financial year end
31 December
Peppol
Reachable since 16-02-2024
Company details

Annual accounts 2025

€977,609▲ 73.2%
Employeeson 31-12-2025
7▲ 133%
Filing
Filed on 15-10-2026
Financials

Insights on PK Trans

PK Trans files the micro format. That format states no turnover. The gross margin rose from €19,329 in 2022 to €665,959 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

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 PK Trans

What is the company number of PK Trans?
The company number of PK Trans is 0788.672.554. The VAT number is the same number with BE in front: BE 0788.672.554.
Where is PK Trans based?
The registered office is at Dammekenswegel 2C, 9810 Nazareth-De Pinte.Company details
What does PK Trans do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of PK Trans?
PK Trans is a private limited company (BV).
When was PK Trans founded?
PK Trans was founded on 18-07-2022.
Is PK Trans still active?
Yes, PK Trans is an active enterprise in the KBO register.
How many employees does PK Trans have?
PK Trans had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PK Trans fall under?
In its 2025 annual accounts, PK Trans states joint committee 140.03 (Road transport and logistics for third parties).
What is the turnover of PK Trans?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €665,959 and 49 comparable companies (NACE 49410). It probably lies between €1.3m and €1.9m.
Is PK Trans profitable?
In financial year 2025, PK Trans made a profit of €112,977.
Where can I find the annual accounts of PK Trans?
PK Trans filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PK Trans due?
PK Trans must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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