What does TRUST 1 TRANS do?

TRUST 1 TRANS is a road haulage company in Ninove. Private Limited, started on 22 February 2019, 1 establishment.

What is the address of TRUST 1 TRANS?

The registered office of TRUST 1 TRANS is located at Parklaan 60, 9400 Ninove.

Is TRUST 1 TRANS still active?

Yes. According to the CBE (30 September 2026) TRUST 1 TRANS is active, legal situation “Normale toestand”, started on 22 February 2019.

Is TRUST 1 TRANS registered on Peppol?

Yes, TRUST 1 TRANS is registered on the Peppol network with ID 0208:0721463036.

What is the enterprise number of TRUST 1 TRANS?

The enterprise number of TRUST 1 TRANS is BE0721463036.

When was TRUST 1 TRANS founded?

TRUST 1 TRANS was founded on 22 February 2019.

Who are the directors of TRUST 1 TRANS?

According to the 2025 annual accounts, the directors of TRUST 1 TRANS are: Fred Semakula.

Is TRUST 1 TRANS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 February 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TRUST 1 TRANS make in 2025?

TRUST 1 TRANS posted a profit after taxes of € 27,610 in financial year 2025.

What is the revenue of TRUST 1 TRANS?

As a small company, TRUST 1 TRANS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 83,826.

How much does an employee at TRUST 1 TRANS earn?

The average wage cost per full-time employee at TRUST 1 TRANS was € 39,800 in 2025: staff costs of € 39,820 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TRUST 1 TRANS have?

According to the 2025 annual accounts, TRUST 1 TRANS has 1 full-time equivalents (FTE).

TRUST 1 TRANS (Private Limited) - Ninove - BE0721463036

Dossier TRUST 1 TRANS, printed on 30 September 2026 from databakkes.be/en/0721463036/trust-1-trans. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TRUST 1 TRANS from Ninove, company number BE0721463036, closed financial year 2025 with a result of € 27,610 after tax. For that financial year TRUST 1 TRANS recorded a gross margin of € 83,826 and equity of € 49,354. Compared with financial year 2024, the result moved from € -6,163 to € 27,610. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.

What it is worth Growing

€ 49,354

▲ 127% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 27,610

▲ still € 6,163 loss in 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 30,754.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 39,820

▲ 4% vs 2024

€ 39,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 11,117

▲ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 12,579

▼ 45% vs 2024

€ 2,800 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 18,843

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 18,173

▲ 24% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 85,335 Gross margin 2022: € 85,335 First fiscal year in the series	€ 100,668 Gross margin 2023: € 100,668 ▲ 18% vs 2022 (€ 85,335) Favourable step	€ 69,455 Gross margin 2024: € 69,455 ▼ 31% vs 2023 (€ 100,668) Unfavourable step	€ 83,826 Gross margin 2025: € 83,826 ▲ 21% vs 2024 (€ 69,455) Favourable step	▲ 21%
Profit after taxes	€ -4,640 Profit after taxes 2022: € -4,640 First fiscal year in the series	€ 6,011 Profit after taxes 2023: € 6,011 ▲ € 10,651 vs 2022 (€ -4,640) Favourable step	€ -6,163 Profit after taxes 2024: € -6,163 ▼ € 12,173 vs 2023 (€ 6,011) Unfavourable step	€ 27,610 Profit after taxes 2025: € 27,610 ▲ € 33,773 vs 2024 (€ -6,163) Favourable step	▲ € 33,773
Equity	€ 21,896 Equity 2022: € 21,896 First fiscal year in the series	€ 27,907 Equity 2023: € 27,907 ▲ 27% vs 2022 (€ 21,896) Favourable step	€ 21,744 Equity 2024: € 21,744 ▼ 22% vs 2023 (€ 27,907) Unfavourable step	€ 49,354 Equity 2025: € 49,354 ▲ 127% vs 2024 (€ 21,744) Favourable step	▲ 127%
Total debts	€ 108,309 Total debts 2022: € 108,309 First fiscal year in the series	€ 83,584 Total debts 2023: € 83,584 ▼ 23% vs 2022 (€ 108,309) Favourable step	€ 56,265 Total debts 2024: € 56,265 ▼ 33% vs 2023 (€ 83,584) Favourable step	€ 54,243 Total debts 2025: € 54,243 ▼ 4% vs 2024 (€ 56,265) Favourable step	▼ 4%
Cash	€ 396 Cash 2022: € 396 First fiscal year in the series	-	€ 8 Cash 2024: € 8 First fiscal year in the series	-
Retained profit	€ 3,296 Retained profit 2022: € 3,296 First fiscal year in the series	€ 9,307 Retained profit 2023: € 9,307 ▲ 182% vs 2022 (€ 3,296) Favourable step	€ 3,144 Retained profit 2024: € 3,144 ▼ 66% vs 2023 (€ 9,307) Unfavourable step	€ 30,754 Retained profit 2025: € 30,754 ▲ € 27,610 vs 2024 (€ 3,144) Favourable step	▲ € 27,610
Bank debt	€ 79,366 Bank debt 2022: € 79,366 First fiscal year in the series	€ 57,011 Bank debt 2023: € 57,011 ▼ 28% vs 2022 (€ 79,366) Favourable step	€ 22,761 Bank debt 2024: € 22,761 ▼ 60% vs 2023 (€ 57,011) Favourable step	€ 12,579 Bank debt 2025: € 12,579 ▼ 45% vs 2024 (€ 22,761) Favourable step	▼ 45%
Balance sheet total	€ 130,206 Balance sheet total 2022: € 130,206 First fiscal year in the series	€ 111,491 Balance sheet total 2023: € 111,491 ▼ 14% vs 2022 (€ 130,206) Unchanged	€ 78,009 Balance sheet total 2024: € 78,009 ▼ 30% vs 2023 (€ 111,491) Unchanged	€ 103,598 Balance sheet total 2025: € 103,598 ▲ 33% vs 2024 (€ 78,009) Unchanged	▲ 33%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of TRUST 1 TRANS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TRUST 1 TRANS?

What happened at TRUST 1 TRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 19, 2026 New annual accounts for financial year 2025: profit of € 27,610. Source: NBB ↗
Feb 22, 2019 New establishment in Ninove. KBO
Feb 22, 2019 Start of the company according to the CBE. KBO
2019 Fred Semakula became a director. NBB

In short

From € 4,640 loss in 2022 to € 27,610 profit in 2025.

Paid € 16,131 in corporate taxes since 2022.

Best year ever: 2025, with € 27,610 profit.

On average € 83,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

A new publication or filing at TRUST 1 TRANS? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Fred Semakula

TRUST 1 TRANS

Behind TRUST 1 TRANS is Fred Semakula.

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Directors

According to the 2025 annual accounts

Fred Semakula

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Parklaan 60

9400 Ninove

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0721.463.036

VAT number

BE 0721.463.036

Registered office

Parklaan 60, 9400 Ninove

Names & denominations

TRUST 1 TRANS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 February 2019

Peppol

Active · Active since 19 Nov 2025

Activities · NACE

Goederenvervoer over de weg

Overige posterijen en koeriers

View on CBE Public ↗ Annual accounts (NBB) ↗

TRUST 1 TRANS

Financials

What happened to TRUST 1 TRANS?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions