Financials
- Fiscal year
- 2024
- Total assets
- €2,453
- Loss
- -€318
- Solvency
- -810.1%
Total assets▼ 11.5%
Net result
20212024
WAFA TRANS
ActiveSummary
The computed 12-month bankruptcy probability of WAFA TRANS is 11.1% (high). The 2024 annual accounts show negative equity (-€19,868) and a net result of -€318. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 6718 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Freight transport by road
NACE 49410
Size
€2,453total assets 2024
- Equity
- -€19,868
- Loss
- -€318
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 4 deeds read
Why 29- 1 financial year not filed after the legal deadline; latest accounts 140 days late; 1 of the last 3 late- No establishment unit in the KBO- Sector Land transport and transport via pipelines (NACE 49)+ Size: total assets €2,453Show the evidence
Checked score
Score 2024
29
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 15% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -810.1% of total assets
Liquidity
7=
short-term debt 910.1% · cash 5.4%
Profitability
5-14
return on assets -13.0%
Bankruptcy probability, 12 months
11.1%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.6%
12-2024: 7.6%● 0.0% vs 11-2024
01-2025: 7.6%▼ -0.8% vs 12-2024
02-2025: 7.6%● 0.0% vs 01-2025
03-2025: 7.6%▼ -0.1% vs 02-2025lowest value
04-2025: 7.6%▲ +0.9% vs 03-2025
05-2025: 7.8%▲ +2.1% vs 04-2025
06-2025: 8.0%▲ +2.6% vs 05-2025
07-2025: 8.2%▲ +2.4% vs 06-2025
08-2025: 9.1%▲ +11.5% vs 07-2025
09-2025: 9.2%▲ +1.0% vs 08-2025
10-2025: 9.4%▲ +1.3% vs 09-2025
11-2025: 9.2%▼ -2.1% vs 10-2025
12-2025: 10.2%▲ +11.9% vs 11-2025
01-2026: 10.4%▲ +1.2% vs 12-2025
02-2026: 10.1%▼ -2.6% vs 01-2026
03-2026: 9.8%▼ -3.2% vs 02-2026
04-2026: 9.8%▲ +0.8% vs 03-2026
05-2026: 9.9%▲ +0.4% vs 04-2026
06-2026: 9.5%▼ -4.1% vs 05-2026
07-2026: 9.7%▲ +2.3% vs 06-2026
08-2026: 10.4%▲ +7.3% vs 07-2026
09-2026: 10.5%▲ +0.9% vs 08-2026
10-2026: 11.1%▲ +5.2% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 140 days late; 1 of the last 3 late raises the probability
- No establishment unit in the KBO raises the probability
- Size: total assets €2,453 lowers the probability for this profile
- Sector Land transport and transport via pipelines (NACE 49) 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 8%, profitability 13%, growth against the median 34%. 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.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€19,868
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
140 d late
2023
30 d late
2022
30 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 58 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)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2022
- 18-12-2025Annual accounts filed
- 30-08-2024Annual accounts filed
- 30-08-2023Annual accounts filed
Company details
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 10-11-2020
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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