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TSHIM TRANS

Active
Private limited companyfounded 20223 yrs activeJoris de Leeuwstraat 1, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0794.821.166
Summary

The computed 12-month bankruptcy probability of TSHIM TRANS is 5.5% (elevated). The 2024 annual accounts show equity of €24,207 and a net result of €10,352. Its solvency ranks better than 90% of 728 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency100
Growth-
Track record79
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.46; short-term debt: 20.4% and cash: 51.1% of total assets), and 20.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
79.6%
Return on assets
34%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 filing
Deviation from the deadline
2024
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 21 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% 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

History

On 12 December 2022, TSHIM TRANS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€72,799
EBIT margin
18.0%
Net result
€10,352
Working capital
€21,500

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

Balance-sheet composition
Assets €30,413
Fixed assets €2,707
Current assets €27,706
Equity and liabilities €30,413
Equity €24,207
Debt €6,206
Debt finances 20.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€14,672
Cash flow
€11,931
Current ratio
4.46
Debt to equity
0.26
ROE
42.8%
ROA
34.0%
Interest coverage
95.73
Debt ≤ 1 year
€6,206
Income taxes
€2,588

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€30,413
Fixed assets21/28€2,707
Tangible fixed assets22/27€2,542
Furniture and vehicles24€2,542
Financial fixed assets28€165
Current assets29/58€27,706
Amounts receivable within one year40/41€12,161
Trade receivables40€11,361
Other amounts receivable41€800
Cash at bank and in hand54/58€15,546
Equity and liabilities
Total equity and liabilities10/49€30,413
Equity10/15€24,207
Contributions10/11€500
Reserves13€1,820
Non-distributable reserves130/1€1,820
Reserves not available under the articles1311€1,820
Profit (loss) carried forward14€21,887
Amounts payable17/49€6,206
Amounts payable within one year42/48€6,206
Trade debts44€2,367
Suppliers440/4€2,367
Taxes, remuneration and social security45€3,736
Taxes450/3€3,736
Other amounts payable47/48€103
Income statement Code2024
Turnover70€72,799
Goods, raw materials, services and sundry goods60/61€57,634
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,579
Other operating charges640/8€493
Gross operating margin9900€15,165
Operating profit (loss)9901€13,093
Financial charges65/66B€153
Recurring financial charges65€153
Profit (loss) for the period before taxes9903€12,940
Income taxes67/77€2,588
Profit (loss) for the period9904€10,352
Profit (loss) for the period to be appropriated9905€10,352
Appropriation of the result
Profit (loss) to be appropriated9906€23,039
Profit (loss) brought forward from the previous period14P€12,687
Transfer to equity691/2€1,152
To the legal reserve6920€1,152

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€72,799
Goods, raw materials, services and sundry goods60/61€57,634
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,579
Other operating charges640/8€493
Gross operating margin9900€15,165
Operating profit (loss)9901€13,093
Financial charges65/66B€153
Recurring financial charges65€153
Profit (loss) for the period before taxes9903€12,940
Income taxes67/77€2,588
Profit (loss) for the period9904€10,352
Profit (loss) for the period to be appropriated9905€10,352
Line2024
Assets
Total assets20/58€30,413
Fixed assets21/28€2,707
Tangible fixed assets22/27€2,542
Furniture and vehicles24€2,542
Financial fixed assets28€165
Current assets29/58€27,706
Amounts receivable within one year40/41€12,161
Trade receivables40€11,361
Other amounts receivable41€800
Cash at bank and in hand54/58€15,546
Equity and liabilities
Total equity and liabilities10/49€30,413
Equity10/15€24,207
Contributions10/11€500
Reserves13€1,820
Non-distributable reserves130/1€1,820
Reserves not available under the articles1311€1,820
Profit (loss) carried forward14€21,887
Amounts payable17/49€6,206
Amounts payable within one year42/48€6,206
Trade debts44€2,367
Suppliers440/4€2,367
Taxes, remuneration and social security45€3,736
Taxes450/3€3,736
Other amounts payable47/48€103
Line2024
Profit (loss) for the period9904€10,352
+ Depreciation and write-downs630€1,579
Operating cash flow (approximation)€11,931

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Machelen (Brab.) · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
232 m²
Building footprint
104 m²
Volume, LiDAR
707 m³
Parcel 23047B0088/00H000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TSHIM TRANS
Joris de Leeuwstraat 1, 1830 Machelen (Brab.)Freight transport by road
since 20222.339.717.105
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23047B0088/00H000 Flanders 232 m² 1 · 104 m² 10.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 4,920 companies in sector 53200 we hold annual accounts for 1,323. 1,084 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794821166
Also 9925:BE0794821166
Registered 05-12-2025

Register as of 27 September 2026 · Peppol Directory

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