TechTransit Solutions

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TechTransit Solutions is 11.7% (high). The 2023 annual accounts show equity of €26k and a net result of €-29k. Equity is shrinking by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 1841 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

11.7% High

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 1841 peers (2023). A comfortable equity buffer.

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 380 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-04-2025, 253 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.

How we compute the deadline

The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	10-04-2025	253 d late	2025-00068544
31-12-2022	31-07-2023	23-06-2023	38 d early	2023-00152410
31-12-2021	31-07-2022	29-06-2022	32 d early	2022-20107408
31-12-2020	31-07-2021	09-08-2021	9 d late	2021-47000587
31-12-2019	31-07-2020	30-10-2020	91 d late	2020-65700510

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-29k

Working capital€26k-35.2%

CSV export

Annual accounts & ratios

Source: NBB · 2023

Annual accounts filed on 10-04-2025 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~9.1%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2023 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	93.9%	28.5%	better than 95% of 1841 sector peers
Net result	€-29k	€4k	better than 5% of 1819 sector peers
Equity	€26k	€16k	better than 62% of 1852 sector peers
Gross operating margin	€-25k	€25k	better than 5% of 1807 sector peers
Total assets	€28k	€65k	better than 27% of 1843 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Improving position over 2020-2023 · n=501-1841

Net result P5

Weakening position over 2020-2023 · n=498-1819

Equity P62

Stable position over 2020-2023 · n=501-1852

Gross operating margin P5

Weakening position over 2020-2023 · n=496-1807

Describes the position versus peers, not a forecast.

EBITDA

€43k

- 19-23

Net profit

€-29k

- 19-23

Cash flow

€41k

- 19-23

Total assets

€28k

-75.9% 19-23

Equity

€26k

-53.0% 19-23

Working capital

€26k

-35.2% 19-23

Staff costs

€1k

-91.8% 19-23

Income taxes

€501

-49.9% 19-23

Debt

€2k

-97.2% 19-23

Debt ≤ 1y

€2k

-94.2% 19-23

Debt > 1y

€30k

-28.2% 19-23

Current ratio

16.44

+590.4% 19-23

Quick ratio

16.44

+785.0% 19-23

Solvency

93.9%

+94.8% 19-23

Debt / equity

0.06

-94.0% 19-23

ROE

-112.6%

- 19-23

ROA

-105.8%

- 19-23

Interest coverage

23.19

- 19-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€-29k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€28k
Equity	€26k
Debt	€2k
of which ≤ 1y	€2k
of which > 1y	-
Working capital	€26k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	16.44
Quick ratio	16.44
Working capital ratio	93.9%
Solvency	93.9%
Debt / equity	0.06
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-105.8%
ROE	-112.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Equity & liabilities

Equity €26k · 93.9% Debt €2k · 6.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€28k
Current assets	29/58	€28k
Amounts receivable within one year	40/41	€7k
Cash & bank	54/58	€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€28k
Equity	10/15	€26k
Contributions / capital	10/11	€19k
Reserves	13	€37k
Accumulated profits (losses)	14	€-29k
Amounts payable	17/49	€2k
Amounts payable within one year	42/48	€2k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€-25k
Operating result	9901	€-28k
Financial income	75	€18
Financial charges	65	€930
Result before taxes	9903	€-29k
Net result for the period	9904	€-29k
Result to be appropriated	9905	€-29k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2023 · computed

62 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

2 directors

Current directors & mandates

Wilmes Emmanuel Marcel S
Director
State Gazette act 25079618 (25-06-2025)

Current
25-06-2025 → present

Former directors (1)

Di Paolo Antonio
Director
State Gazette act 25079618 (25-06-2025)

Former
- → 25-06-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Goederenvervoer over de weg(49410)
Legal form	Private limited company(610)
Incorporation	18-10-2018
Status	Active
Postal code	1140

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Goede Herderstraat 541140 Evere

Establishment units

2 locations

Tous Travaux Solutions

Goederenvervoer over de weg

since 20182.282.084.356

Goede Herderstraat 54, 1140 Evere

Aanleg van telecommunicatielijnen en -netten

since 20252.386.680.842

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area1.6 ha

Buildings2

Building footprint7,698 m²

Volume (LiDAR)410,773 m³

Tallest building112.9 m · ±22 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21006A0199/00T007	Brussels	8,547 m²	1 · 735 m²	22.9 m · 7 fl.
21014A0008/00Z010	Brussels	7,591 m²	1 · 6,964 m²	112.8 m · 22 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts

Address history · 1

24-09-2025

Registered-office move

All acts · 2 updated 10 months ago

2025

24-09-2025 Registered office moved to Evere Registered-office change

Bolwerklaan Sint-Joost-ten-Node → Goede Herderstraat 54 bus A001, 1140 Evere

Original publication ↗

25-06-2025 1 director appointed, 1 resigning Director changes

Wilmes Emmanuel Marcel S, Bestuurder
Di Paolo Antonio, Bestuurder

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

59 / 100

Mixed profile: strong on solvency, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 62

Profitability 0

Solvency 100

Growth 32

Stability 100

Credit advice

verdict per customer and amount

Similar

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We hold annual accounts for 2,203 of the 12,431 companies in this sector. 1,874 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Overige posterijen en koeriers53200Overige posterijen en koeriers53200

Primary activity highlighted.

Names & trade names

Legal nameNL

TechTransit Solutions

Registered office

Goede Herderstraat 54 bus A001

1140 Evere, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.