ZY TRANS
ActiveSummary
The computed 12-month bankruptcy probability of ZY TRANS is 3.7% (moderate). The annual accounts of ZY TRANS for fiscal year 2025 show a net loss of 527% of the equity at the start of that year. The 2025 annual accounts show equity of €930 and a net result of -€5,024. Equity is shrinking by ~39% per year across the filed fiscal years. Its solvency ranks better than 17% of 4735 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-25
Solvency29▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.39 against 0.47 in 2024; short-term debt: 96.5% and cash: 24.5% of total assets), and 96.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
3.5%
Return on assets
-19.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192022232425
2019 to 2025 · latest year -€5,024
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4735 sector peers (2025).
NBB · sector comparisonPosition among 4735 sector peers
Solvency
better than 17%
← weakest
strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
18 d early
2024
5 d early
2023
7 d early
2022
4 d early
2020
121 d late
2019
80 d late
← 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 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 (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 26 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€930▼ 2.6%
2024 · €954
Total assets
€26,356▼ 41.9%
2024 · €45,351
Net result
-€5,024▼ 37.6%
2024 · -€3,653
Working capital
-€15,425▲ 34.6%
2024 · -€23,579
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
Line20202022202320242025
Operating result€2,514▼ 15.0%-€1,187--€8,772▼ 639%-€1,651▲ 81.2%€5,181
Net result€2,182within the sector's middle half▲ 65.9%-€2,049below the sector's middle half--€8,736below the sector's middle half▼ 326%-€3,653below the sector's middle half▲ 58.2%-€5,024below the sector's middle half▼ 37.6%
Equity€13,497within the sector's middle half▲ 19.3%€13,343within the sector's middle half-€4,607below the sector's middle half▼ 65.5%€954below the sector's middle half▼ 79.3%€930below the sector's middle half▼ 2.6%
Total assets€19,312below the sector's middle half▲ 7.1%€14,787below the sector's middle half-€8,460below the sector's middle half▼ 42.8%€45,351within the sector's middle half▲ 436%€26,356below the sector's middle half▼ 41.9%
Debt€5,816▼ 13.4%€1,445-€3,853▲ 167%€44,396▲ 1,052%€25,426▼ 42.7%
Working capital€3,013within the sector's middle half▼ 73.4%€10,295within the sector's middle half-€4,607within the sector's middle half▼ 55.3%-€23,579below the sector's middle half-€15,425below the sector's middle half▲ 34.6%
Solvency69.9%above the sector's middle half▲ 7.1pp90.2%above the sector's middle half-54.5%within the sector's middle half▼ 35.8pp2.1%below the sector's middle half▼ 52.4pp3.5%below the sector's middle half▲ 1.4pp
Current ratio1.52within the sector's middle half▼ 1.178.13above the sector's middle half-2.20within the sector's middle half▼ 5.930.47below the sector's middle half▼ 1.730.39below the sector's middle half▼ 0.08
Return on assets (ROA)11.3%within the sector's middle half▲ 4.0pp-13.9%below the sector's middle half--103.3%below the sector's middle half▼ 89.4pp-8.1%below the sector's middle half▲ 95.2pp-19.1%below the sector's middle half▼ 11.0pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5,181 after a loss of €1,651 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26,356
Fixed assets
€16,355 ▼ 33.3%
Current assets
€10,001 ▼ 52.0%
Equity and liabilities €26,356
Equity
€930 ▼ 2.6%
Debt
€25,426 ▼ 42.7%
Debt's share of the balance-sheet total falls from 97.9% to 96.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13,358▲
2024 · €6,527
Cash flow
€3,153▼
2024 · €4,525
Interest coverage
1.31▼
2024 · 3.26
Debt ≤ 1 year
€25,426▼
2024 · €44,396
Equity ratios withheld: equity of €930 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 646 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
5.9%
stopped otherwise
86%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.7% over twelve months; the group does not contradict it.
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%.
| 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 646 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
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €670 | €3,718 | €3,048 | €8,178 | €8,178 | = |
| Other operating charges640/8 | - | €1,159 | €1,199 | €614 | €614 | = |
| Gross operating margin9900 | €6,078 | €3,690 | -€4,526 | €7,141 | €13,972 | ▲ 95.7% |
| Operating profit (loss)9901 | €2,514 | -€1,187 | -€8,772 | -€1,651 | €5,181 | ▲ 414% |
| Financial income75/76B | - | - | €117 | - | - | - |
| Recurring financial income75 | - | - | €117 | - | - | - |
| Financial charges65/66B | - | €1,976 | €80 | €2,002 | €10,205 | ▲ 410% |
| Recurring financial charges65 | €332 | €1,976 | €80 | €2,002 | €10,205 | ▲ 410% |
| Profit (loss) for the period before taxes9903 | €2,182 | -€3,163 | -€8,736 | -€3,653 | -€5,024 | ▼ 37.6% |
| Income taxes67/77 | - | -€1,114 | - | - | - | - |
| Profit (loss) for the period9904 | €2,182 | -€2,049 | -€8,736 | -€3,653 | -€5,024 | ▼ 37.6% |
| Profit (loss) for the period to be appropriated9905 | €2,182 | -€2,049 | -€8,736 | -€3,653 | -€5,024 | ▼ 37.6% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,312 | €14,787 | €8,460 | €45,351 | €26,356 | ▼ 41.9% |
| Fixed assets21/28 | €10,484 | €3,048 | - | €24,533 | €16,355 | ▼ 33.3% |
| Tangible fixed assets22/27 | €10,484 | €3,048 | - | €24,533 | €16,355 | ▼ 33.3% |
| Furniture and vehicles24 | - | €3,048 | - | €24,533 | €16,355 | ▼ 33.3% |
| Current assets29/58 | €8,829 | €11,740 | €8,460 | €20,818 | €10,001 | ▼ 52.0% |
| Amounts receivable within one year40/41 | €7,671 | €5,650 | €7,577 | €19,036 | €3,546 | ▼ 81.4% |
| Trade receivables40 | - | - | - | €14,562 | - | - |
| Other amounts receivable41 | - | €5,650 | €7,577 | €4,474 | €3,546 | ▼ 20.7% |
| Cash at bank and in hand54/58 | €1,157 | €6,090 | €883 | €1,782 | €6,455 | ▲ 262% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,312 | €14,787 | €8,460 | €45,351 | €26,356 | ▼ 41.9% |
| Equity10/15 | €13,497 | €13,343 | €4,607 | €954 | €930 | ▼ 2.6% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €15,000 | ▲ 50.0% |
| Profit (loss) carried forward14 | €3,497 | €3,343 | -€5,393 | -€9,046 | -€14,070 | ▼ 55.5% |
| Amounts payable17/49 | €5,816 | €1,445 | €3,853 | €44,396 | €25,426 | ▼ 42.7% |
| Amounts payable within one year42/48 | €5,816 | €1,445 | €3,853 | €44,396 | €25,426 | ▼ 42.7% |
| Trade debts44 | €340 | €1,445 | €3,853 | €44,391 | €25,426 | ▼ 42.7% |
| Suppliers440/4 | - | €1,445 | €3,853 | €44,391 | €25,426 | ▼ 42.7% |
| Taxes, remuneration and social security45 | - | - | - | €5 | - | - |
| Remuneration and social security454/9 | - | - | - | €5 | - | - |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,182 | -€2,049 | -€8,736 | -€3,653 | -€5,024 | ▼ 37.6% |
| + Depreciation and write-downs630 | €670 | €3,718 | €3,048 | €8,178 | €8,178 | = |
| Operating cash flow (approximation) | €2,852 | €1,669 | -€5,688 | €4,525 | €3,153 | ▼ 30.3% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | - | -€5,207 | €899 | €4,673 | ▲ 420% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€8,736
Net result drops to -€8,736, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 8.13
Current ratio from 1.52 to 8.13; short-term debt falls from €5,816 to €1,445.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
31-12
Financial
Highest result since 2019net €2,182 ▲65.9%
Net result €2,182, the highest in the series.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are 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, Charleroi · 1 establishment unit since 2018
Ground area
118 m²
Building footprint
48 m²
Volume, LiDAR
435 m³
Parcel 52047B0055/00B018, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ZY TRANS
since 20182.281.786.923
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52047B0055/00B018 | Wallonia | 118 m² | 1 · 48 m² | 11.1 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
LIBERTY LINES
BE 0648.706.801
Brussel · Eq €929
MMF SERVICES
BE 0804.472.864
Anderlecht · Eq €937
F.N.W. TRANS
BE 0737.477.538
Evere · Eq €922
D&L TRANSPORT
BE 1001.465.216
Leuze-en-Hainaut · Eq €922
ASAL Business
BE 1024.689.291
Wezembeek-Oppem · Eq €948
Of 6,683 companies in sector 49330 we hold annual accounts for 2,302. 614 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 (pre-2019)
Founded22-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0711962182
Also
9925:BE0711962182
Registered
11-02-2026
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.