TRABEA TRANS

Active

Private limited companyfounded 20224 yrs activeVilvoordsesteenweg 60, 1120 Brussel, BelgiumKBO/BCE: BE 0788.507.654

The file of TRABEA TRANS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 5.8% (elevated). The 2025 annual accounts show equity of €1.74M and a net result of €641k. Equity is growing by ~34.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 1851 sector peers (fiscal year 2025).

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Checked score

Score 2025

42 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability76▼-14

Solvency42▼-11

Growth78=

Track record79

Bankruptcy probability, 12 months

5.8% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €70k at 30 days only on tighter terms

Liquidity tight (current ratio 1.06 against 1.25 in 2024; short-term debt: 65.3% and cash: 4.6% of total assets), and 83.2% 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

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

16.8%

Return on assets

6.2%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1851 sector peers (2025).

NBB · sector comparison

Position among 1851 sector peers

Solvency

better than 22%

← weakest strongest →

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 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 · 3 filings

Deviation from the deadline

2025

52 d late

2024

101 d late

2023

104 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Turnover

€5.90M

EBIT margin

14.5%

Net result

€641k▼ 32.7%

2024 · €951k

2023: €639k 2024: €951k

2023 → 2025

Working capital

€394k▼ 40.8%

2024 · €666k

2023: €309k 2024: €666k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Turnover€5.90M-

Equity€649k-€1.60M▲ 147%€1.74M▲ 8.8%

Operating result€858k-€1.31M▲ 52.1%€993k▼ 23.9%

Net result€639k-€951k▲ 49.0%€641k▼ 32.7%

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 24% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €10.34M

30.9%

69.1%

Fixed assets €3.20M ▲ 35.2%

Current assets €7.14M ▲ 116%

Equity and liabilities €10.34M

16.8%

83.2%

Equity €1.74M ▲ 8.8%

Debt €8.60M ▲ 111%

Debt's share of the balance-sheet total rises from 71.8% to 83.2%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.70M▼

2024 · €1.72M

Cash flow

€1.35M▼

2024 · €1.37M

Current ratio

1.06▼

2024 · 1.25

Quick ratio

0.84▼

2024 · 0.85

Debt to equity

4.94▲

2024 · 2.54

ROE

36.8%▼

2024 · 59.5%

ROA

6.2%▼

2024 · 16.8%

Interest coverage

22.00▼

2024 · 24.09

Debt ≤ 1 year

€6.75M▲

2024 · €2.64M

Debt > 1 year

€1.83M▲

2024 · €1.43M

Income taxes

€275k▼

2024 · €300k

Staff costs

€1.34M▲

2024 · €1.04M

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

Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines

Balance sheet Code20242025

Assets

Total assets20/58€5.67M€10.34M▲

Fixed assets21/28€2.37M€3.20M▲

Tangible fixed assets22/27€2.37M€3.17M▲

Furniture and vehicles24€382k€621k▲

Leasing and similar rights25€1.94M€2.50M▲

Other tangible fixed assets26€49k€53k▲

Financial fixed assets28-€28k

Current assets29/58€3.31M€7.14M▲

Stocks and contracts in progress3€1.06M€1.49M▲

Stocks30/36€1.06M€1.49M▲

Amounts receivable within one year40/41€1.52M€5.18M▲

Trade receivables40€915k€1.20M▲

Other amounts receivable41€601k€3.98M▲

Cash at bank and in hand54/58€725k€481k▼

Equity and liabilities

Total equity and liabilities10/49€5.67M€10.34M▲

Equity10/15€1.60M€1.74M▲

Contributions10/11€10k€10k=

Profit (loss) carried forward14€1.59M€1.73M▲

Amounts payable17/49€4.07M€8.60M▲

Amounts payable after more than one year17€1.43M€1.83M▲

Financial debts170/4€1.43M€1.83M▲

Amounts payable within one year42/48€2.64M€6.75M▲

Current portion of amounts payable after more than one year42€456k€677k▲

Financial debts43-€84k

Credit institutions430/8-€84k

Trade debts44€1.41M€4.50M▲

Suppliers440/4€1.41M€4.50M▲

Taxes, remuneration and social security45€765k€505k▼

Taxes450/3€612k€370k▼

Remuneration and social security454/9€153k€136k▼

Other amounts payable47/48€9k€987k▲

Accrued charges and deferred income492/3-€18k

Income statement Code20242025

Remuneration, social security and pensions62€1.04M€1.34M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€415k€707k▲

Other operating charges640/8€19k€35k▲

Gross operating margin9900€2.78M€3.07M▲

Operating profit (loss)9901€1.31M€993k▼

Financial income75/76B€18k€44▼

Recurring financial income75€18k€44▼

Financial charges65/66B€71k€77k▲

Recurring financial charges65€71k€77k▲

Profit (loss) for the period before taxes9903€1.25M€916k▼

Income taxes67/77€300k€275k▼

Profit (loss) for the period9904€951k€641k▼

Profit (loss) for the period to be appropriated9905€951k€641k▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.59M€2.23M▲

Profit (loss) brought forward from the previous period14P€639k€1.59M▲

Profit to be distributed694/7-€500k

Return on contributions (dividend)694-€500k

Social balance

Average headcount (FTE)9087-42.7

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Signals 2Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

21-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 52 days late

2025

26-11

Bankruptcy Bankruptcy reversal

Tribunal de l’entreprise francophone de Bruxelles · SRL TRABEA TRANS CHAUSSEE DE VILVORDE 60, 1120 NEDER-OVER-HEEMBEEK. déclarée le 20 octobre 2025 · event 17-11-2025

09-11

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 101 days late

27-10

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL TRABEA TRANS CHAUSSEE DE VILVORDE 60, 1120 NEDER-OVER-HEEMBEEK · event 20-10-2025

2024

31-12

Financial Highest result since 2023net €951k ▲49%

Operating result €1.31M, net result €951k, both a record.

31-12

Financial Equity above €1MEq €1.60M ▲147%

2 profitable years in a row build equity to €1.60M.

12-11

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 104 days late

SignalFinancial 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, Brussel · 2 establishment units since 2022

establishment All 2 establishment units 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.

Vilvoordsesteenweg 601120 Brussel

Ground area

3,684 m²

Building footprint

1,918 m²

Volume, LiDAR

15,007 m³

2 parcels, Brussels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

TRABEA TRANS

Strombeek-Beverselaan 11, 1860 MeiseScheduled passenger transport by road

since 20222.333.745.071

Vilvoordsesteenweg 60, 1120 Brussel

Scheduled passenger transport by road

since 20242.360.188.162

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21819D0224/00C003	Brussels	2,419 m²	1 · 1,731 m²	11.4 m · 3 fl.
23050F0004/00L000	Flanders	1,265 m²	1 · 186 m²	8.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	JEROME HENRI AVENUE ROGER VANDEN- DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE- curateur@bazacle- solon.eu	20-10-2025 → 17-11-2025

Similar companies · same sector, comparable size

Sint-Katelijne-Waver · Eq €1.77M

DE BEZEMBINDER

BE 0463.002.972

Scherpenheuvel-Zichem · Eq €1.70M

Of 6,994 companies in sector 49320 we hold annual accounts for 2,722. 401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-07-2022

Fiscal year end31-12

Activities, NACEBEL 2025

49320Non-scheduled passenger transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.