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Transit - Service

Active
Private limited companyfounded 199134 years activeMechelsesteenweg 259, 2018 Antwerpen, BelgiumKBO/BCE: BE 0445.863.072
Summary

The computed 12-month bankruptcy probability of Transit - Service is 1.7% (moderate). The 2024 annual accounts show equity of €2.1m and a net result of €256,154. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 1,866 sector peers (NACE 49, fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Non-scheduled passenger transport by road
NACE 49320
#1 company by staff growth in Antwerp, Transport and storage sector2 sites
Size
€4.8mtotal assets 2024
Staff
71.5 FTE
Equity
€2.1m
Profit
€256,154
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Parent
CAPRY · 100%
Holdings
1
Accounts 69 days overdue2 of 8 deeds read
Why 56- Figures for FY 2024 (filed 21-10-2025)- Liquidity: current ratio 1.70, cash €222,090- Sector Land transport and transport via pipelines (NACE 49)+ Founded in 1991Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 49, medium-sized)
Financial strength · tick = 2023
Average
Solvency 68-22
equity 43.4% of total assets
Liquidity 27-21
short-term debt 56.1% · cash 4.7%
Profitability 75-1
return on assets 5.4%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (274 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%▲ +0.3 percentage points vs 09-2025 11-2025: 0.6%▼ -0.3 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.5%▼ -0.1 percentage points vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +0.4 percentage points vs 09-2026highest value
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 2.68 in 2023; short-term debt: 56.1% and cash: 4.7% of total assets), but 56.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized): better than 66% on solvency, 32% on liquidity, 74% on profitability and 38% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 21-10-2025)
NBB · annual accounts
lowers risk · Founded in 1991
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.70, cash €222,090
NBB · annual accounts
raises risk · Sector Land transport and transport via pipelines (NACE 49)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
82 days late
2023
30 days late
2022
31 days late
2021
on the day
2020
29 days late
2019
61 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Capital & shares · RestructuringResignation: Waasland Express (voltallige bestuursorgaan)…
  2. RestructuringPermanent representatives: HENDRICKX Tom and…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Staff rose in 2024from 37.1 FTE to 71.5 FTE ▲ 92.7% View
  • Positive: Company by staff growth in Antwerp, Transport and…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Controlled by CAPRYitself parent of 1 companies 100% View
  • A director leftlatest change 04-06-2026 · 0 in office 1 left View
  • Flemish supportawarded 2022 - 2025 €72,157 View

By topic

Financials

Fiscal year
2024
Total assets
€4.8m
Profit
€256,154
Solvency
43.4%
Go to Financials

Timeline

Events
17
Since
2016
  1. 30-08-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-12-2023Equity above €2m
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Non-scheduled passenger transport by roadNACE 49320
Founded
26-11-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
10
Annual meeting
Third Friday of February at 10:00
Purpose
Onderneming voor het verhuren van autorijtuigen, waaronder: personenwagens, minibusjes en…
Go to Articles of association

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