SS TRANS
ActiveSummary
The computed 12-month bankruptcy probability of SS TRANS is 3.2% (moderate). The 2024 annual accounts show equity of €65,000 and a net result of €18,627. Equity is growing by ~19.4% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-6
Solvency39▼-19
Growth68=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.71 against 1.07 in 2023; short-term debt: 62.5% and cash: 2.6% of total assets), and 85.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
14.1%
Return on assets
4%
Age of the figures
22 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 30-06-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d late
2022
on the day
2021
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average on the deadline day; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today30-11-2026 close30-06-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
Turnover
€1.0m▲ 81.5%
2023 · €571,396
EBIT margin
4.2%▼ 0.6pp
2023 · 4.9%
Net result
€18,627▲ 25.6%
2023 · €14,832
Working capital
-€83,331
2023 · €5,768
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€290,565-€403,506▲ 38.9%€571,396▲ 41.6%€1.0m▲ 81.5%
Operating result€45,061-€30,671▼ 31.9%€27,776▼ 9.4%€43,891▲ 58.0%
Net result€29,085above the sector's middle half-€16,842within the sector's middle half▼ 42.1%€14,832within the sector's middle half▼ 11.9%€18,627within the sector's middle half▲ 25.6%
EBIT margin15.5%-7.6%▼ 7.9pp4.9%▼ 2.7pp4.2%▼ 0.6pp
Equity€39,085within the sector's middle half-€55,926within the sector's middle half▲ 43.1%€70,758within the sector's middle half▲ 26.5%€65,000below the sector's middle half▼ 8.1%
Total assets€166,168within the sector's middle half-€161,434within the sector's middle half▼ 2.8%€215,690within the sector's middle half▲ 33.6%€460,975below the sector's middle half▲ 114%
Debt€127,083-€105,507▼ 17.0%€144,932▲ 37.4%€395,975▲ 173%
Working capital-€1,005within the sector's middle half-€5,607within the sector's middle half€5,768within the sector's middle half▲ 2.9%-€83,331below the sector's middle half
Solvency23.5%within the sector's middle half-34.6%within the sector's middle half▲ 11.1pp32.8%within the sector's middle half▼ 1.8pp14.1%below the sector's middle half▼ 18.7pp
Current ratio0.99within the sector's middle half-1.08within the sector's middle half▲ 0.091.07within the sector's middle half▼ 0.010.71below the sector's middle half▼ 0.36
Return on assets (ROA)17.5%within the sector's middle half-10.4%within the sector's middle half▼ 7.1pp6.9%within the sector's middle half▼ 3.6pp4.0%within the sector's middle half▼ 2.8pp
Staff (FTE)2.9-4.1▲ 41.4%6.1▲ 48.8%11.9within the sector's middle half▲ 95.1%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Turnover +81%, Staff (FTE) +95% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 58% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €460,975
Fixed assets
€256,092 ▲ 106%
Current assets
€204,883 ▲ 124%
Equity and liabilities €460,975
Equity
€65,000 ▼ 8.1%
Debt
€395,975 ▲ 173%
Debt's share of the balance-sheet total rises from 67.2% to 85.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€98,048▲
2023 · €66,552
Cash flow
€72,783▲
2023 · €53,608
Debt to equity
6.09▲
2023 · 2.05
ROE
28.7%▲
2023 · 21.0%
Interest coverage
7.71▼
2023 · 16.79
Debt ≤ 1 year
€288,215▲
2023 · €85,866
Debt > 1 year
€107,761▲
2023 · €59,066
Income taxes
€12,545▲
2023 · €8,980
Staff costs
€496,775▲
2023 · €257,356
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.9%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €290,565 | €403,506 | €571,396 | €1.0m | ▲ 81.5% |
| Goods, raw materials, services and sundry goods60/61 | €140,783 | - | - | €481,445 | - |
| Remuneration, social security and pensions62 | €91,858 | €149,061 | €257,356 | €496,775 | ▲ 93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,532 | €26,040 | €38,776 | €54,156 | ▲ 39.7% |
| Other operating charges640/8 | €1,332 | €5,411 | €6,724 | €13,701 | ▲ 104% |
| Gross operating margin9900 | €149,782 | €211,183 | €330,632 | €608,523 | ▲ 84.0% |
| Operating profit (loss)9901 | €45,061 | €30,671 | €27,776 | €43,891 | ▲ 58.0% |
| Financial charges65/66B | €1,650 | €5,081 | €3,964 | €12,719 | ▲ 221% |
| Recurring financial charges65 | €1,650 | €5,081 | €3,964 | €12,719 | ▲ 221% |
| Non-recurring financial charges66B | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €43,411 | €25,590 | €23,812 | €31,172 | ▲ 30.9% |
| Income taxes67/77 | €14,326 | €8,749 | €8,980 | €12,545 | ▲ 39.7% |
| Profit (loss) for the period9904 | €29,085 | €16,842 | €14,832 | €18,627 | ▲ 25.6% |
| Transfer to tax-exempt reserves689 | €20,000 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €9,085 | €16,842 | €14,832 | €18,627 | ▲ 25.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €166,168 | €161,434 | €215,690 | €460,975 | ▲ 114% |
| Fixed assets21/28 | €51,652 | €85,482 | €124,057 | €256,092 | ▲ 106% |
| Intangible fixed assets21 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €51,652 | €85,482 | €124,057 | €256,092 | ▲ 106% |
| Plant, machinery and equipment23 | €50,789 | €30,063 | €9,394 | €36,112 | ▲ 284% |
| Furniture and vehicles24 | €862 | €55,419 | €114,662 | €85,112 | ▼ 25.8% |
| Leasing and similar rights25 | - | - | - | €134,868 | - |
| Financial fixed assets28 | €0 | - | - | - | - |
| Current assets29/58 | €114,516 | €75,952 | €91,634 | €204,883 | ▲ 124% |
| Amounts receivable within one year40/41 | €88,492 | €44,843 | €75,619 | €180,324 | ▲ 138% |
| Trade receivables40 | €68,181 | €44,843 | €75,483 | €180,235 | ▲ 139% |
| Other amounts receivable41 | €20,311 | - | €136 | €89 | ▼ 35.0% |
| Cash at bank and in hand54/58 | €24,901 | €31,109 | €9,441 | €12,042 | ▲ 27.6% |
| Deferred charges and accrued income490/1 | €1,124 | - | €6,574 | €12,517 | ▲ 90.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €166,168 | €161,434 | €215,690 | €460,975 | ▲ 114% |
| Equity10/15 | €39,085 | €55,926 | €70,758 | €65,000 | ▼ 8.1% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €20,000 | €35,000 | €45,000 | €55,000 | ▲ 22.2% |
| Tax-exempt reserves132 | €20,000 | - | - | - | - |
| Distributable reserves133 | - | €35,000 | €45,000 | €55,000 | ▲ 22.2% |
| Profit (loss) carried forward14 | €9,085 | €10,926 | €15,758 | €0 | ▼ 100% |
| Amounts payable17/49 | €127,083 | €105,507 | €144,932 | €395,975 | ▲ 173% |
| Amounts payable after more than one year17 | €11,562 | €35,163 | €59,066 | €107,761 | ▲ 82.4% |
| Financial debts170/4 | €11,562 | €35,163 | €59,066 | €107,761 | ▲ 82.4% |
| Trade debts175 | €0 | - | - | - | - |
| Advances received on contracts in progress176 | €0 | - | - | - | - |
| Other amounts payable178/9 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €115,521 | €70,344 | €85,866 | €288,215 | ▲ 236% |
| Current portion of amounts payable after more than one year42 | €7,683 | €18,215 | €25,777 | €55,583 | ▲ 116% |
| Trade debts44 | €57,814 | €17,632 | €15,487 | €56,254 | ▲ 263% |
| Suppliers440/4 | €49,653 | €5,960 | €7,558 | €56,254 | ▲ 644% |
| Bills of exchange payable441 | €8,161 | €11,672 | €7,929 | - | - |
| Taxes, remuneration and social security45 | €35,976 | €34,087 | €44,602 | €114,541 | ▲ 157% |
| Taxes450/3 | €25,517 | €25,539 | €32,796 | €67,986 | ▲ 107% |
| Remuneration and social security454/9 | €10,459 | €8,548 | €11,806 | €46,555 | ▲ 294% |
| Other amounts payable47/48 | €14,048 | €410 | - | €61,837 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,085 | €16,842 | €14,832 | €18,627 | ▲ 25.6% |
| + Depreciation and write-downs630 | €11,532 | €26,040 | €38,776 | €54,156 | ▲ 39.7% |
| Operating cash flow (approximation) | €40,617 | €42,881 | €53,608 | €72,783 | ▲ 35.8% |
| Investment in fixed assets (approximation) | - | -€59,870 | -€77,351 | -€186,192 | ▼ 141% |
| Change in cash | - | €6,208 | -€21,668 | €2,601 | ▲ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-11
Financial
Weakest financial yearnet €14,832 ▼11.9%
Net result drops to €14,832, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Ground area
230 m²
Building footprint
72 m²
Volume, LiDAR
519 m³
Parcel 11462A0385/00F002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SS TRANS ON
since 20202.309.850.211
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11462A0385/00F002 | Flanders | 230 m² | 1 · 72 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
ZAFER 1950
BE 0783.570.453
Seraing · Eq €65,000
TRANSPORT LUC RIFFONT
BE 0428.801.069
Sint-Agatha-Berchem · Eq €64,993
De Graeve Erik
BE 0466.604.444
Brugge · Eq €65,010
TRANSPORT DU HAINAUT
BE 1017.060.935
Péruwelz · Eq €65,043
SERDOTRANS
BE 0749.545.823
Brugelette · Eq €65,043
Of 12,573 companies in this sector we hold annual accounts for 8,205. 6,163 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded23-11-2020
Fiscal year end30-11
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758671048
Also
9925:BE0758671048
Registered
02-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.