S.I.T. TRANS

Active

Private limited companyfounded 20197 yrs activeKernenergiestraat 19, 2610 Antwerpen, BelgiumKBO/BCE: BE 0729.761.979

The computed 12-month bankruptcy probability of S.I.T. TRANS is 3.2% (moderate). The 2024 annual accounts show equity of €5k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 6714 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

51 / 100

Fair▲ +51 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+67

Solvency6▼-27

Growth78▲+46

Stability100

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.6 against 0.22 in 2023), and 94.7% 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

Six 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

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

5.3%

Return on assets

15.4%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6714 sector peers (2024).

NBB · sector comparison

Position among 6714 sector peers

Solvency

better than 19%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

21 d early

2023

31 d late

2022

30 d late

2021

30 d late

2020

30 d late

← before the deadline after the deadline →

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

Turnover

€59k

EBIT margin

-46.6%

Net result

€14k

2023 · €-28k

2020: €-6k 2021: €9k 2022: €-4k 2023: €-28k

2020 → 2024

Working capital

€-36k▲ 29.8%

2023 · €-51k

2020: €-16k 2021: €-7k 2022: €-10k 2023: €-51k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€59k

Equity€-5k-€4k€-320€-9k▼ 2,838%€5k

Operating result€-6k-€9k€-245€-27k▼ 11,134%€18k

Net result€-6k-€9k€-4k€-28k▼ 610%€14k

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €18k after a loss of €27k in 2023, the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €93k

43.6%

56.4%

Fixed assets €41k▼ 1.7%

Current assets €52k▲ 262%

Equity and liabilities €93k

94.7%

Equity €5k

Debt €88k

Debt finances 94.7% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€24k▲

2023 · €-26k

Cash flow

€20k▲

2023 · €-27k

Solvency

5.3%▲

2023 · -16.9%

Current ratio

0.60▲

2023 · 0.22

Quick ratio

0.60▲

2023 · 0.22

Debt / equity

17.74▲

2023 · -6.93

ROE

289.5%▼

2023 · 298.6%

ROA

15.4%▲

2023 · -50.4%

Interest coverage

41.92▲

2023 · -45.74

Debt

€88k▲

2023 · €65k

Debt ≤ 1 year

€88k▲

2023 · €65k

Income taxes

€5k▲

2023 · €31

Staff costs

€65k▲

2023 · €36k

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

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€56k€93k▲

Fixed assets21/28€41k€41k▼

Tangible fixed assets22/27€27k€22k▼

Furniture and vehicles24€27k€22k▼

Financial fixed assets28€14k€19k▲

Current assets29/58€15k€52k▲

Amounts receivable within one year40/41€2k€40k▲

Trade receivables40-€40k

Other amounts receivable41€2k-

Cash at bank and in hand54/58€12k€12k▲

Equity and liabilities

Total equity and liabilities10/49€56k€93k▲

Equity10/15€-9k€5k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€-29k€-15k▲

Amounts payable17/49€65k€88k▲

Amounts payable within one year42/48€65k€88k▲

Current portion of amounts payable after more than one year42€3k€3k=

Trade debts44€13k€4k▼

Suppliers440/4€13k€4k▼

Taxes, remuneration and social security45€7k€20k▲

Taxes450/3€5k€10k▲

Remuneration and social security454/9€2k€10k▲

Other amounts payable47/48€43k€62k▲

Income statement Code20232024

Turnover70€59k-

Non-recurring operating income76A€6k-

Goods, raw materials, services and sundry goods60/61€50k-

Remuneration, social security and pensions62€36k€65k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€6k▲

Other operating charges640/8€6k€25k▲

Gross operating margin9900€16k€114k▲

Operating profit (loss)9901€-27k€18k▲

Financial income75/76B€3€1k▲

Recurring financial income75€3€1k▲

Financial charges65/66B€579€572▼

Recurring financial charges65€579€572▼

Profit (loss) for the period before taxes9903€-28k€19k▲

Income taxes67/77€31€5k▲

Profit (loss) for the period9904€-28k€14k▲

Profit (loss) for the period to be appropriated9905€-28k€14k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-29k€-15k▲

Profit (loss) brought forward from the previous period14P€-1k€-29k▼

The notes to these accounts (6 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

10-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €14k

Net result €14k after 2 loss-making years.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Weakest financial yearnet €-28k

Net result drops to €-28k, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Back to profitnet €9k

Net result €9k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

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

Directors · office · real estate

Directors

3 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, Antwerpen · 1 establishment unit since 2019

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.

Kernenergiestraat 192610 Antwerpen

Ground area

1,491 m²

Building footprint

984 m²

Volume, LiDAR

7,216 m³

Parcel 11463D0325/00K002, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

S.I.T. TRANS

Kernenergiestraat 19, 2610 AntwerpenFreight transport by road

since 20192.291.220.568

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11463D0325/00K002	Flanders	1,491 m²	1 · 984 m²	8.2 m · 3 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.

Similar companies · same sector, comparable size

RBM BELGIUM

BE 1012.203.809

Sint-Jans-Molenbeek · Eq €5k

Leopoldsburg · Eq €5k

Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 2,664 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-07-2019

Fiscal year end31-12

Activities, NACEBEL

49410Freight transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.