Retro Trans

Active

Private limited companyfounded 2023active for 3 yearsKardelaan 108, 2180 Antwerpen, BelgiumKBO/BCE: BE 0803.114.666

Summary

The computed 12-month bankruptcy probability of Retro Trans is 3.6% (moderate). The 2025 annual accounts show equity of €71,888 and a net result of €13,199. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 53% of 5,852 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Retro TransActiveChecked score 50/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410

1 site

Size

≈ €1.3mturnover 2025, estimated

Staff: 7.3 FTE
Equity: €71,888
Profit: €13,199

Turnover estimated from the gross margin

Financial health

50 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 3.6%

Structure

ERCIK MustafaDirector

2025 accounts 32 days early

Why 50raises riskFounded in 2023Sector: Land transport and transport via pipelines (NACE 49)Size: total assets €177,408Liquidity: current ratio 0.83, cash €12,996Show the evidence

Checked score

Score 2025

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 52% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 66+14

equity 40.5% of total assets

Liquidity 28+4

short-term debt 59.5% · cash 7.3%

Profitability 78-3

return on assets 7.4%

Bankruptcy probability, 12 months

3.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)

Last 24 months 11-2024: 3.4% 12-2024: 3.5%▲ +0.1 percentage points vs 11-2024 01-2025: 3.4%▼ -0.1 percentage points vs 12-2024 02-2025: 3.6%▲ +0.2 percentage points vs 01-2025 03-2025: 3.6%● unchanged vs 02-2025 04-2025: 3.7%▲ +0.1 percentage points vs 03-2025 05-2025: 3.7%● unchanged vs 04-2025 06-2025: 3.8%▲ +0.1 percentage points vs 05-2025 07-2025: 4.0%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 2.9%▼ -1.1 percentage points vs 07-2025 09-2025: 2.9%● unchanged vs 08-2025 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.8%▼ -0.1 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026lowest value 03-2026: 2.8%● unchanged vs 02-2026lowest value 04-2026: 2.9%▲ +0.1 percentage points vs 03-2026 05-2026: 3.0%▲ +0.1 percentage points vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.2%▲ +0.2 percentage points vs 06-2026 08-2026: 3.1%▼ -0.1 percentage points vs 07-2026 09-2026: 3.2%▲ +0.1 percentage points vs 08-2026 10-2026: 3.6%▲ +0.4 percentage points vs 09-2026

Credit of up to €3,500 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.83, compared with 0.59 in 2024, below 1; short-term debt: 59.5% and cash: 7.3% of total assets), and 59.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 53% on solvency, 25% on liquidity, 61% on profitability and 68% on growth.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

raises riskneutral

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Size: total assets €177,408

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 0.83, cash €12,996

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

32 days early

2024

28 days early

2023

35 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 32 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

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 29 June (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

29-06-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Weakest financial yearnet €13,199 ▼39.5%
03-07-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Among the largest 5% on gross marginsector median €39,976 · 5,821 companies €585,996 View
One director decidessole director in office 1 View
Total assets 20253 financial years filed €177,408 View

By topic

Financials

Financial year: 2025
Total assets: €177,408
Profit: €13,199
Solvency: 40.5%

Total assets▼ 19.3%

Net result

20232025

Go to Financials

Board & ownership

Board: 1 member

ERCIK MustafaDirector

Go to Board & ownership

Timeline

Events: 5
Since: 2023
Next accounts: by 31-07-2027

26-06-2024Annual accounts filed
27-06-2023Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Freight transport by roadNACE 49410
Founded: 23-06-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 27

Annual meeting: Third Friday of June at 18:00
Purpose: “Alle licht en zwaar vervoer van goederen langs de weg of over water met alle soorten…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about Retro Trans

What is the company number of Retro Trans?: 0803.114.666. In Belgium the VAT number is the company number with BE in front: BE 0803.114.666.
Where is Retro Trans based?: The registered office is at Kardelaan 108, 2180 Antwerpen.Company details
What does Retro Trans do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Retro Trans?: Private limited company (BV).
When was Retro Trans founded?: On 23-06-2023.
Is Retro Trans still active?: Yes, Retro Trans is an active enterprise in the KBO register.
How many employees does Retro Trans have?: On average 7.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Retro Trans?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Retro Trans profitable?: In financial year 2025, Retro Trans made a profit of €13,199.
Where can I find the annual accounts of Retro Trans?: Retro Trans filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Retro Trans due?: By 31-07-2027, for financial year 2026.Timeline