Equity
-€23,878
Debts exceed assets in financial year 2024.
RK TRANS
Lifetime
5 annual accounts with figures on one time axispeak €194,437 (2023)
€180,684▼ 7.1%
lowest -€44,640 (2023)
-€13,974▲ €30,667
peak €34,735 (2022)
-€23,878▼ €13,974
€192,073▲ 4.9%
Board2 names since 2019
1 directorTURGUT Erkan
Documentsfilings and deeds
27-09-202558 days late
2024micro format
Loss of €13,974Equity from -€9,905 to -€23,878Cash from €9,279 to €502
Key points
from the 2024 annual accountsLosses
-€58,614 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
Debts
€192,073 114% of the balance sheet
Financial debts 17%Suppliers 34%Taxes and wages 36%Other 13%
Of this, €161,447 falls due within a year.
Staff
4 employees on 31-12-2024
In 2024, 4 people joined and 3 left.
Filings
5 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€23,878
Less equity than 93% of companies in land transport. Sector median €34,018 · 6,614 companies.
Checked score
26
Weak
Financially stronger than 11% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
15.0% High
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 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.3%
01-2025: 6.2%▼ -0.1 percentage points vs 12-2024
02-2025: 6.0%▼ -0.2 percentage points vs 01-2025
03-2025: 5.8%▼ -0.2 percentage points vs 02-2025lowest value
04-2025: 5.9%▲ +0.1 percentage points vs 03-2025
05-2025: 5.9%● unchanged vs 04-2025
06-2025: 5.9%● unchanged vs 05-2025
07-2025: 6.0%▲ +0.1 percentage points vs 06-2025
08-2025: 6.7%▲ +0.7 percentage points vs 07-2025
09-2025: 6.8%▲ +0.1 percentage points vs 08-2025
10-2025: 8.3%▲ +1.5 percentage points vs 09-2025
11-2025: 8.3%● unchanged vs 10-2025
12-2025: 8.3%● unchanged vs 11-2025
01-2026: 8.3%● unchanged vs 12-2025
02-2026: 7.4%▼ -0.9 percentage points vs 01-2026
03-2026: 7.4%● unchanged vs 02-2026
04-2026: 7.4%● unchanged vs 03-2026
05-2026: 7.2%▼ -0.2 percentage points vs 04-2026
06-2026: 7.0%▼ -0.2 percentage points vs 05-2026
07-2026: 6.8%▼ -0.2 percentage points vs 06-2026
08-2026: 7.6%▲ +0.8 percentage points vs 07-2026
09-2026: 7.7%▲ +0.1 percentage points vs 08-2026
10-2026: 15.0%▲ +7.3 percentage points vs 09-2026highest value
11-2026: 15.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
1 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 2 of the last 3 accounts late
Figures for financial year 2024 (filed on 27-09-2025)
Sector: Land transport and transport via pipelines (NACE 49)
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 11% of them on solvency, 3% on liquidity, 26% on profitability and 4% 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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, 1,564 companies had the same profile as RK TRANS has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RK TRANS itself is higher: 15.0% within 12 months. It rests on far more data about RK TRANS than the profile alone.
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.
| 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 1,564 companies, not a prediction for RK 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.59 (0.58 in 2023), below 1. Short-term debt is 96% and cash 0.3% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€23,878
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 58 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 5 filingsDeviation from the deadline
2025
not filed
2024
58 days late
2023
28 days late
2022
60 days late
2021
4 days late
2020
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 23 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 (1)
Board and ownership
- Erkan Turgutdeed of 17-09-2026
- Andrei Constantin Toaderdeed of 17-09-2026
Recent changes
Registered office moved from Schaerbeek to Brussels
Transfer of shares from Erkan Turgut to Andrei Constantin Toader · New registered office: 22 Avenue Jan Stobbaerts à 1030 Bruxelles · Previous registered office: Avenue Maurice Maeterlinck 9 boîte 2, 1030 Schaerbeek · General meeting of 31-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737835547
First establishment
Maurice Maeterlincklaan 9, Schaerbeek
Incorporation
Founding capital of €15,000, 100 shares · Founder: TURGUT Erkan · Appointment: TURGUT Erkan (statutory director) · published on 21-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RK TRANS Schaerbeek | €168,194 | €180,684 | -14.2% | - |
| VT COMPANY Anderlecht | €169,440 | €175,870 | 25.4% | - |
| KOKTEN GROEP Evere | €155,315 | €169,554 | 57.8% | - |
| GRACE K N Evere | €145,383 | €144,228 | -69.5% | - |
| GTA TRANS Brussels | €151,550 | €225,889 | 54.0% | - |
| A'pro Transport Wezembeek-Oppem | €173,367 | €187,671 | -235.0% | - |
| VAN OUTRANS Sint-Pieters-Leeuw | €153,878 | €178,210 | 36.8% | - |
These companies have the same main activity as RK TRANS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €145,000 and €173,000, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 19-11-2019Normal situation
- Activity
- Freight transport by roadNACE 49410
- Establishment unit
- 2.298.943.6491030 Schaerbeek, since 12-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 15-05-2025
Annual accounts 2024
- ≈ €450,000estimated
- €168,194▼ 2.9%
- Employeeson 31-12-2024
- 4▼ 20.0%
- Filing
- Filed on 27-09-2025
Insights on RK TRANS
RK TRANS files the micro format. That format states no turnover. The gross margin rose from €31,011 in 2020 to €180,684 in 2024.
The balance sheet grew most from 2021 to 2022 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 RK TRANS
- What is the company number of RK TRANS?
- The company number of RK TRANS is 0737.835.547. The VAT number is the same number with BE in front: BE 0737.835.547.
- Where is RK TRANS based?
- The registered office is at Jan Stobbaertslaan 22, 1030 Schaerbeek.Company details
- What does RK TRANS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of RK TRANS?
- RK TRANS is a private limited company (BV).
- When was RK TRANS founded?
- RK TRANS was founded on 19-11-2019.
- Is RK TRANS still active?
- Yes, RK TRANS is an active enterprise in the KBO register.
- How many employees does RK TRANS have?
- RK TRANS had an average of 4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of RK TRANS?
- The turnover in financial year 2024 is ≈ €450,000. This figure is estimated from the gross margin of €180,684 and 64 comparable companies (NACE 49410). It probably lies between €400,000 and €620,000.
- Is RK TRANS profitable?
- In financial year 2024, RK TRANS made a loss of €13,974.
- Where can I find the annual accounts of RK TRANS?
- RK TRANS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.