TRANS-MARANATHA

Active

Private limited companyfounded 20206 yrs activeDragonderstraat 82, 7700 Mouscron, BelgiumKBO/BCE: BE 0750.876.802

The computed 12-month bankruptcy probability of TRANS-MARANATHA is 5.0% (elevated). The 2024 annual accounts show equity of €55k and a net result of €67k. Equity is growing by ~126.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 726 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency67▲+26

Growth78=

Track record100

Bankruptcy probability, 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days only on tighter terms

Liquidity ample (current ratio 1.69 against 1.06 in 2023; short-term debt: 57.9% and cash: 23.9% of total assets), but 57.9% 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

Five 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 53

Relative position

BE, all sectors

reference

Sector 53

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

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

71 d late

2023

327 d late

2022

326 d late

2021

346 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

Equity

€55k▲ 204%

2023 · €18k

2021: €6k 2022: €7k 2023: €18k

2021 → 2024

Total assets

€131k▲ 13.5%

2023 · €115k

2021: €112k 2022: €130k 2023: €115k

2021 → 2024

Net result

€67k▲ 43.1%

2023 · €47k

2021: €19k 2022: €26k 2023: €47k

2021 → 2024

Working capital

€53k▲ 832%

2023 · €6k

2021: €-36k 2022: €-27k 2023: €6k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€6k-€7k▲ 20.4%€18k▲ 147%€55k▲ 204%

Operating result€21k-€42k▲ 95.2%€51k▲ 23.3%€79k▲ 54.5%

Net result€19k-€26k▲ 37.4%€47k▲ 78.3%€67k▲ 43.1%

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

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2024 is 54% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €131k

98.1%

Fixed assets €2k▼ 80.4%

Current assets €129k▲ 24.9%

Equity and liabilities €131k

42.1%

57.9%

Equity €55k▲ 204%

Debt €76k▼ 22.0%

The debt ratio falls from 84.3% to 57.9%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€88k▲

2023 · €72k

Cash flow

€75k▲

2023 · €67k

Solvency

42.1%▲

2023 · 15.7%

Current ratio

1.69▲

2023 · 1.06

Quick ratio

1.69▲

2023 · 1.06

Debt / equity

1.38▼

2023 · 5.36

ROE

121.5%▼

2023 · 258.1%

ROA

51.1%▲

2023 · 40.6%

Interest coverage

105.30▲

2023 · 86.92

Debt

€76k▼

2023 · €97k

Debt ≤ 1 year

€76k▼

2023 · €97k

Income taxes

€14k▲

2023 · €3k

Staff costs

€152k▼

2023 · €162k

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€115k€131k▲

Fixed assets21/28€12k€2k▼

Tangible fixed assets22/27€12k€2k▼

Furniture and vehicles24€12k€2k▼

Current assets29/58€103k€129k▲

Amounts receivable after more than one year29-€70k

Other amounts receivable291-€70k

Amounts receivable within one year40/41€80k€27k▼

Trade receivables40€55k€26k▼

Other amounts receivable41€25k€592▼

Cash at bank and in hand54/58€23k€31k▲

Deferred charges and accrued income490/1€260€260=

Equity and liabilities

Total equity and liabilities10/49€115k€131k▲

Equity10/15€18k€55k▲

Contributions10/11€2k€2k=

Profit (loss) carried forward14€16k€53k▲

Amounts payable17/49€97k€76k▼

Amounts payable within one year42/48€97k€76k▼

Trade debts44€35k€11k▼

Suppliers440/4€35k€11k▼

Taxes, remuneration and social security45€27k€35k▲

Taxes450/3€3k€24k▲

Remuneration and social security454/9€24k€11k▼

Other amounts payable47/48€36k€30k▼

Income statement Code20232024

Remuneration, social security and pensions62€162k€152k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€8k▼

Other operating charges640/8€2k€1k▼

Non-recurring operating charges66A-€913

Gross operating margin9900€236k€242k▲

Operating profit (loss)9901€51k€79k▲

Financial income75/76B€769€2k▲

Recurring financial income75€769€2k▲

Financial charges65/66B€2k€833▼

Recurring financial charges65€823€833▲

Non-recurring financial charges66B€1k-

Profit (loss) for the period before taxes9903€50k€81k▲

Income taxes67/77€3k€14k▲

Profit (loss) for the period9904€47k€67k▲

Profit (loss) for the period to be appropriated9905€47k€67k▲

Appropriation of the result

Profit (loss) to be appropriated9906€52k€83k▲

Profit (loss) brought forward from the previous period14P€5k€16k▲

Profit to be distributed694/7€36k€30k▼

Directors or managers695€36k€30k▼

The notes to these accounts (7 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 5Financial 1Filings 4

2025

10-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 71 days late

23-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 327 days late

2024

31-12

Financial Highest result since 2021net €67k ▲43.1%

Operating result €79k, net result €67k, both a record.

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 326 days late

2023

12-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 346 days late

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

Directors · office · real estate

Directors

1 act for this company is 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, Mouscron · 1 establishment unit since 2020

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.

Dragonderstraat 827700 Mouscron

Ground area

119 m²

Building footprint

41 m²

Volume, LiDAR

340 m³

Parcel 54433E0827/00G002, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

TRANS-MARANATHA

Dragonderstraat 82, 7700 MouscronPostal and courier activities

since 20202.305.448.191

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
54433E0827/00G002	Wallonia	119 m²	1 · 41 m²	9.9 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.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT

since 01-05-2024

Similar companies · same sector, comparable size

KABA LOGISTIC & TRANSPORT

BE 0780.710.141

Kampenhout · Eq €64k

Of 430 companies in sector 53100 we hold annual accounts for 127. 106 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-07-2020

Fiscal year end31-12

Activities, NACEBEL

53100Postal and courier activities

53200Other postal and courier activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.