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TRANSPORTS AHN

Active
Public limited companyfounded 199135 yrs activeRue Mitoyenne 897, 4840 Welkenraedt, BelgiumKBO/BCE: BE 0442.538.546
Summary

The computed 12-month bankruptcy probability of TRANSPORTS AHN is 1.9% (moderate). The 2024 annual accounts show negative equity (-€238,865) and a net result of -€1,693. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 5% of 1132 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410NACE 60242
1 site
Size
€1,006total assets 2024
Equity
-€238,865
Loss
-€1,693
Financial health
52 Fair Checked score 2024
Bankruptcy chance 12 m
1.9%
Structure
Parent
Ziegler · 97.19%
Accounts 64 d overdue2 of 17 deeds read
Why 52- Sector Land transport and transport via pipelines (NACE 49)- Negative equity -€238,865+ Size: total assets €1,006+ Founded in 1991Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -23748.7% of total assets
Liquidity 24-26
short-term debt 23848.7% · cash 19.2%
Profitability 0=
return on assets -168.4%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.9% (8,991 companies)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● 0.0% vs 11-2024 01-2025: 1.1%▼ -1.1% vs 12-2024 02-2025: 1.1%▲ +2.0% vs 01-2025 03-2025: 1.1%● 0.0% vs 02-2025 04-2025: 1.1%▼ -4.4% vs 03-2025 05-2025: 1.1%▼ -1.3% vs 04-2025 06-2025: 1.0%▼ -2.1% vs 05-2025lowest value 07-2025: 1.2%▲ +16.2% vs 06-2025 08-2025: 1.2%▼ -0.1% vs 07-2025 09-2025: 1.2%● 0.0% vs 08-2025 10-2025: 1.2%● 0.0% vs 09-2025 11-2025: 1.2%● 0.0% vs 10-2025 12-2025: 1.2%● 0.0% vs 11-2025 01-2026: 1.2%▼ -1.1% vs 12-2025 02-2026: 1.2%● 0.0% vs 01-2026 03-2026: 1.2%● 0.0% vs 02-2026 04-2026: 1.2%● 0.0% vs 03-2026 05-2026: 1.2%▼ -1.2% vs 04-2026 06-2026: 1.2%▼ -2.0% vs 05-2026 07-2026: 1.4%▲ +19.3% vs 06-2026 08-2026: 1.7%▲ +21.4% vs 07-2026 09-2026: 1.8%▲ +4.4% vs 08-2026 10-2026: 1.9%▲ +8.2% vs 09-2026highest value
  • Size: total assets €1,006 lowers the probability for this profile
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Founded in 1991 lowers the probability for this profile
  • Negative equity -€238,865 raises the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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 5%, liquidity 21%, profitability 6%, growth against the median 35%. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1,006
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1991
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity -€238,865
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€238,865
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
17 d early
2022
41 d early
2021
40 d early
2020
25 d early
2019
23 d 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 28 days before 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
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
  1. Resignation: Johan De Brauwer (director)State Gazette act
  2. Resignation: Diligencia Consult SRL (director)Permanent representative: Diane Govaerts ·…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€238,865 View
  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€1,693 View
  • Caution: Among the weakest 5% on solvencysector median 35.9% · 1,132 companies -23748.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Controlled by Ziegler 97.19% View
  • Directors leftlatest change 25-09-2026 · 0 in office 2 left View

By topic

Financials

Fiscal year
2024
Total assets
€1,006
Loss
-€1,693
Solvency
-23748.7%
Total assets▼ 49.7%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 25-09-2026Resignation: Johan De Brauwer (director)
  2. 23-03-2026Resignation: Diligencia Consult SRL (director)
  3. 11-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
07-01-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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