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YCS-TRANS

Active
Private limited companyfounded 20224 yrs activePlatanenlaan 16, 2940 Stabroek, BelgiumKBO/BCE: BE 0788.220.515
Summary

The computed 12-month bankruptcy probability of YCS-TRANS is 3.2% (moderate). The 2024 annual accounts show equity of €445,058 and a net result of €88,828. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability81▼-19
Solvency73▲+7
Growth52
Track record94
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.64 in 2023; short-term debt: 52.1% and cash: 9.3% of total assets), but 52.2% of the assets are financed with debt.
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Signals

Three 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% 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 4 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
32 d early
2024
22 d early
2023
40 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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 5 July 2022, YCS-TRANS was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet

Equity
€445,058▲ 24.9%
2023 · €356,229
Total assets
€930,987▲ 5.9%
2023 · €879,032
Net result
€88,828▼ 65.3%
2023 · €256,229
Working capital
€426,740▲ 26.7%
2023 · €336,905
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€342,243-€122,406▼ 64.2%
Net result€256,229above the sector's middle half-€88,828within the sector's middle half▼ 65.3%
Equity€356,229within the sector's middle half-€445,058within the sector's middle half▲ 24.9%
Total assets€879,032within the sector's middle half-€930,987within the sector's middle half▲ 5.9%
Debt€522,803-€485,930▼ 7.1%
Working capital€336,905within the sector's middle half-€426,740within the sector's middle half▲ 26.7%
Solvency40.5%within the sector's middle half-47.8%within the sector's middle half▲ 7.3pp
Current ratio1.64within the sector's middle half-1.88within the sector's middle half▲ 0.23
Return on assets (ROA)29.1%above the sector's middle half-9.5%within the sector's middle half▼ 19.6pp
Staff (FTE)1below the sector's middle half
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2023: €342,243€342,243Net result 2023: €256,229€256,229Operating result 2024: €122,406€122,406Net result 2024: €88,828€88,82820232024€0€100,000€200,000€300,000Operating result 2023: €342,243€342,000Net result 2023: €256,229€256,000Operating result 2024: €122,406€122,000Net result 2024: €88,828€88,80020232024
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €930,987
Fixed assets €18,785 ▼ 2.8%
Current assets €912,202 ▲ 6.1%
Equity and liabilities €930,987
Equity €445,058 ▲ 24.9%
Debt €485,930 ▼ 7.1%
Debt's share of the balance-sheet total falls from 59.5% to 52.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€127,838▼
2023 · €348,605
Cash flow
€94,261▼
2023 · €262,591
Debt to equity
1.09▼
2023 · 1.47
ROE
20.0%▼
2023 · 71.9%
Interest coverage
30.14▼
2023 · 257.41
Debt ≤ 1 year
€485,463▼
2023 · €522,803
Income taxes
€29,336▼
2023 · €84,660
Staff costs
€43,733▲
2023 · €101
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% 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
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€879,032€930,987▲
Fixed assets21/28€19,324€18,785▼
Tangible fixed assets22/27€19,324€18,785▼
Plant, machinery and equipment23€19,324€18,785▼
Current assets29/58€859,708€912,202▲
Amounts receivable within one year40/41€621,262€823,887▲
Trade receivables40€616,728€741,013▲
Other amounts receivable41€4,534€82,873▲
Cash at bank and in hand54/58€237,098€86,967▼
Deferred charges and accrued income490/1€1,349€1,349=
Equity and liabilities
Total equity and liabilities10/49€879,032€930,987▲
Equity10/15€356,229€445,058▲
Contributions10/11€100,000€100,000=
Profit (loss) carried forward14€256,229€345,058▲
Amounts payable17/49€522,803€485,930▼
Amounts payable within one year42/48€522,803€485,463▼
Current portion of amounts payable after more than one year42€53,874€58,850▲
Trade debts44€432,798€359,682▼
Suppliers440/4€432,798€359,682▼
Taxes, remuneration and social security45€36,131€41,931▲
Taxes450/3€19,660€19,874▲
Remuneration and social security454/9€16,472€22,058▲
Other amounts payable47/48-€25,000
Accrued charges and deferred income492/3-€467
Income statement Code20232024
Remuneration, social security and pensions62€101€43,733▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,362€5,432▼
Other operating charges640/8€4,095€2,341▼
Gross operating margin9900€352,801€173,913▼
Operating profit (loss)9901€342,243€122,406▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1,354€4,242▲
Recurring financial charges65€1,354€4,242▲
Profit (loss) for the period before taxes9903€340,889€118,164▼
Income taxes67/77€84,660€29,336▼
Profit (loss) for the period9904€256,229€88,828▼
Profit (loss) for the period to be appropriated9905€256,229€88,828▼
Appropriation of the result
Profit (loss) to be appropriated9906€256,229€345,058▲
Profit (loss) brought forward from the previous period14P-€256,229

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€101€43,733▲ 43,277%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,362€5,432▼ 14.6%
Other operating charges640/8€4,095€2,341▼ 42.8%
Gross operating margin9900€352,801€173,913▼ 50.7%
Operating profit (loss)9901€342,243€122,406▼ 64.2%
Financial income75/76B€0--
Recurring financial income75€0--
Financial charges65/66B€1,354€4,242▲ 213%
Recurring financial charges65€1,354€4,242▲ 213%
Profit (loss) for the period before taxes9903€340,889€118,164▼ 65.3%
Income taxes67/77€84,660€29,336▼ 65.3%
Profit (loss) for the period9904€256,229€88,828▼ 65.3%
Profit (loss) for the period to be appropriated9905€256,229€88,828▼ 65.3%
Line20232024Change
Assets
Total assets20/58€879,032€930,987▲ 5.9%
Fixed assets21/28€19,324€18,785▼ 2.8%
Tangible fixed assets22/27€19,324€18,785▼ 2.8%
Plant, machinery and equipment23€19,324€18,785▼ 2.8%
Current assets29/58€859,708€912,202▲ 6.1%
Amounts receivable within one year40/41€621,262€823,887▲ 32.6%
Trade receivables40€616,728€741,013▲ 20.2%
Other amounts receivable41€4,534€82,873▲ 1,728%
Cash at bank and in hand54/58€237,098€86,967▼ 63.3%
Deferred charges and accrued income490/1€1,349€1,349=
Equity and liabilities
Total equity and liabilities10/49€879,032€930,987▲ 5.9%
Equity10/15€356,229€445,058▲ 24.9%
Contributions10/11€100,000€100,000=
Profit (loss) carried forward14€256,229€345,058▲ 34.7%
Amounts payable17/49€522,803€485,930▼ 7.1%
Amounts payable within one year42/48€522,803€485,463▼ 7.1%
Current portion of amounts payable after more than one year42€53,874€58,850▲ 9.2%
Trade debts44€432,798€359,682▼ 16.9%
Suppliers440/4€432,798€359,682▼ 16.9%
Taxes, remuneration and social security45€36,131€41,931▲ 16.1%
Taxes450/3€19,660€19,874▲ 1.1%
Remuneration and social security454/9€16,472€22,058▲ 33.9%
Other amounts payable47/48-€25,000-
Accrued charges and deferred income492/3-€467-
Line20232024Change
Profit (loss) for the period9904€256,229€88,828▼ 65.3%
+ Depreciation and write-downs630€6,362€5,432▼ 14.6%
Operating cash flow (approximation)€262,591€94,261▼ 64.1%
Investment in fixed assets (approximation)--€4,893-
Change in cash--€150,131-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Stabroek · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
236 m²
Building footprint
68 m²
Volume, LiDAR
543 m³
Parcel 11020I0387/00N005, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
YCS-TRANS
Platanenlaan 16, 2940 StabroekFreight transport by road
since 20222.333.068.150
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11020I0387/00N005 Flanders 236 m² 1 · 68 m² 9.4 m · 3 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 12,573 companies in this sector we hold annual accounts for 8,205. 5,379 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded05-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
50200Water transport
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788220515
Also 9925:BE0788220515
Registered 18-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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