AY TRANS

Active

Private limited company (pre-2019)founded 2018active for 8 yearsSteenweg op Mechelen 455, 1950 Kraainem, Belgium961 active companies are registered at this addressKBO/BCE: BE 0691.720.955

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of AY TRANS is 12.5% (high). The 2024 annual accounts show equity of €158,025 and a net result of €31,808. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 50% of 724 sector peers (NACE 53, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

AY TRANSActiveChecked score 31/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 05-03-2018 Normal situation
Legal form: Private limited company (pre-2019)
Registered office: Steenweg op Mechelen 455, 1950 Kraainem
Activity: Postal and courier activities NACE 53100and 2 others
Establishment unit: 2.273.747.207 1950 Kraainem, since 05-03-2018
Financial year end: 31 December
Peppol: Reachable since 31-10-2023

Company details

Who decides

Board

Engin HamitogluDirector

Board & ownership

How it is doing

31 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 12.5%

Annual accounts 2024

Turnover: €2.6m; ▲ 21.5%
Profit: €31,808; ▲ 77.7%
Equity: €158,025; ▲ 25.2%
Total assets: €471,024; ▼ 67.8%
Staff: 31.1 FTE; ▲ 34.6%

2025 accounts not filed, 93 days past the deadline

Filed on 17-12-2025PDF

Financials

Why 31raises riskFigures for financial year 2024 (filed 17-12-2025)1 financial year not filed after the legal deadline; last filed accounts filed 139 days late; 3 of the last 3 late1 change of registered office in 24 monthsSector: Postal and courier activities (NACE 53)Show the evidence

Checked score

Score 2024

31 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 42% of its sector peers (NACE 53, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 59+25

equity 33.5% of total assets

Liquidity 17+9

short-term debt 66.5% · cash 1.6%

Profitability 55-1

return on assets 6.8%

Bankruptcy probability, 12 months

12.5% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.6% (914 companies, NACE 53, micro)

Last 24 months 11-2024: 4.4% 12-2024: 4.8%▲ +0.4 percentage points vs 11-2024 01-2025: 3.8%▼ -1.0 percentage point vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.9%▲ +0.1 percentage points vs 02-2025 04-2025: 3.9%● unchanged vs 03-2025 05-2025: 3.9%● unchanged vs 04-2025 06-2025: 4.2%▲ +0.3 percentage points vs 05-2025 07-2025: 4.3%▲ +0.1 percentage points vs 06-2025 08-2025: 4.6%▲ +0.3 percentage points vs 07-2025 09-2025: 4.7%▲ +0.1 percentage points vs 08-2025 10-2025: 5.7%▲ +1.0 percentage point vs 09-2025 11-2025: 5.8%▲ +0.1 percentage points vs 10-2025 12-2025: 6.3%▲ +0.5 percentage points vs 11-2025 01-2026: 4.3%▼ -2.0 percentage points vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.3%● unchanged vs 03-2026 05-2026: 3.7%▼ -0.6 percentage points vs 04-2026 06-2026: 3.5%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 5.6%▲ +2.1 percentage points vs 06-2026 08-2026: 6.6%▲ +1.0 percentage point vs 07-2026 09-2026: 7.9%▲ +1.3 percentage points vs 08-2026 10-2026: 12.5%▲ +4.6 percentage points vs 09-2026highest value

Credit of up to €4,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity tight (current ratio 1.15, compared with 1.05 in 2023, below the usual 1.5; short-term debt: 66.5% and cash: 1.6% of total assets), and 66.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 53, micro): better than 49% on solvency, 20% on liquidity, 36% on profitability and 63% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

raises risk

Figures for financial year 2024 (filed 17-12-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 139 days late; 3 of the last 3 late

NBB · filings

1 change of registered office in 24 months

Belgian Official Gazette

Sector: Postal and courier activities (NACE 53)

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.

NBB · 7 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline01-11-2026 today

2024 accounts filed 139 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 7 filings

Deviation from the deadline

2025

not filed

2024

139 days late

2023

146 days late

2022

57 days late

2021

51 days late

2020

19 days early

2019

42 days 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 55 days after the deadline; the sector median (NACE 53) for financial year 2024 is 13 days after the deadline, and 56% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: 2nd largest company by total assets in Kraainem, Transport and storage sectorin the Checked rankings No. 2 View
Caution: Board changedlatest change 13-05-2026 · 1 in office 1 joined · 1 left View
Positive: 7 profitable years in a rowprofit 2024: €31,808 7 years View
Positive: Staff rose in 2024from 23.1 FTE to 31.1 FTE ▲ 34.6% View

Documents

Key facts about AY TRANS

What is the company number of AY TRANS?: 0691.720.955. In Belgium the VAT number is the company number with BE in front: BE 0691.720.955.
Where is AY TRANS based?: The registered office is at Steenweg op Mechelen 455, 1950 Kraainem.Company details
What does AY TRANS do?: According to the KBO register, the main activity is postal and courier activities (NACE 53100).
What is the legal form of AY TRANS?: Private limited company (pre-2019) (BVBA).
When was AY TRANS founded?: On 05-03-2018.
Is AY TRANS still active?: Yes, AY TRANS is an active enterprise in the KBO register.
How many employees does AY TRANS have?: On average 31.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of AY TRANS?: €2.6m in financial year 2024, according to the filed annual accounts.
Is AY TRANS profitable?: In financial year 2024, AY TRANS made a profit of €31,808.
Where can I find the annual accounts of AY TRANS?: AY TRANS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)