Financials
- Fiscal year
- 2025
- Total assets
- €3,205
- Loss
- -€1,760
- Solvency
- 7.5%
TR TRANSPORT
ActiveSummary
The computed 12-month bankruptcy probability of TR TRANSPORT is 4.9% (elevated). The annual accounts of TR TRANSPORT for fiscal year 2025 show a net loss of 55% of total assets. The 2025 annual accounts show equity of €240 and a net result of -€1,760. Its solvency ranks better than 20% of 5349 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Scheduled passenger transport by road
NACE 49310
1 site
Size
€3,205total assets 2025
- Equity
- €240
- Loss
- -€1,760
Turnover not published (abridged schema)
Structure
- Board
- 2 members
Accounts filed 25 d late2 of 5 deeds read
Why 35- Founded in 2025- Sector Land transport and transport via pipelines (NACE 49)- Liquidity: current ratio 1.10, cash €5- Equity €240 (7.5% of total assets)Show the evidence
Checked score
Score 2025
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 9% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
33
equity 7.5% of total assets
Liquidity
0
short-term debt 90.8% · cash 0.2%
Profitability
0
return on assets -54.9%
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 3.6%lowest value
06-2026: 3.6%● 0.0% vs 05-2026lowest value
07-2026: 3.7%▲ +2.3% vs 06-2026
08-2026: 4.1%▲ +9.8% vs 07-2026
09-2026: 4.8%▲ +16.9% vs 08-2026
10-2026: 4.9%▲ +3.1% vs 09-2026highest value
- Founded in 2025 raises the probability for this profile
- Sector Land transport and transport via pipelines (NACE 49) raises the probability
- Liquidity: current ratio 1.10, cash €5 raises the probability
- Equity €240 (7.5% of total assets) raises the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 20%, liquidity 2%, profitability 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 5349 sector peers (2025).
NBB · sector comparisonPosition among 5349 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
- Appointment: Denial Ikram (director)State Gazette act
- Appointment: Zaman Taswar Ali (director)State Gazette act
Key points
By topic
Board & ownership
- Board
- 2 members
Go to Board & ownership
Timeline
- Events
- 3
- Since
- 2026
- 25-08-2026Annual accounts filed
- 06-08-2026Appointment: Denial Ikram (director)
- 19-03-2026Appointment: Zaman Taswar Ali (director)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Scheduled passenger transport by roadNACE 49310
- Founded
- 28-04-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationGo further with this company
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