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TE TRANSPORTGROUP

Active
Private limited companyfounded 2022active for 4 yearsEmile Vanderveldestraat 69, 3290 Diest, BelgiumKBO/BCE: BE 0787.445.901
Summary

The computed 12-month bankruptcy probability of TE TRANSPORTGROUP is 9.4% (elevated). The 2024 annual accounts show equity of €36,012 and a net result of -€947. Its solvency ranks better than 64% of 6,611 sector peers (NACE 49, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Removal services
NACE 49420Freight transport by road NACE 49410
1 site
Size
€69,828total assets 2024
Equity
€36,012
Loss
-€947
Turnover not published (micro format)
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.4%
Structure
2025 accounts not filed, 88 days past the deadline1 of 2 deeds summarised
Why 32raises risk1 financial year not filed after the legal deadline; last filed accounts filed 184 days late; 2 of the last 3 lateSize: total assets €69,828Founded in 2022Sector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 34% of its sector peers (NACE 49, micro)
Financial strength · tick = 2023
Weak
Solvency 77-10
equity 51.6% of total assets
Liquidity 27-9
short-term debt 48.4% · cash 0.5%
Profitability 17-83
return on assets -1.4%
Bankruptcy probability, 12 months
9.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 6.5% 12-2024: 6.5%● unchanged vs 11-2024 01-2025: 6.4%▼ -0.1 percentage points vs 12-2024 02-2025: 6.3%▼ -0.1 percentage points vs 01-2025 03-2025: 6.4%▲ +0.1 percentage points vs 02-2025 04-2025: 7.5%▲ +1.1 percentage points vs 03-2025 05-2025: 7.9%▲ +0.4 percentage points vs 04-2025 06-2025: 8.1%▲ +0.2 percentage points vs 05-2025 07-2025: 8.2%▲ +0.1 percentage points vs 06-2025 08-2025: 8.6%▲ +0.4 percentage points vs 07-2025 09-2025: 5.4%▼ -3.2 percentage points vs 08-2025lowest value 10-2025: 6.1%▲ +0.7 percentage points vs 09-2025 11-2025: 6.3%▲ +0.2 percentage points vs 10-2025 12-2025: 7.1%▲ +0.8 percentage points vs 11-2025 01-2026: 9.6%▲ +2.5 percentage points vs 12-2025highest value 02-2026: 8.5%▼ -1.1 percentage points vs 01-2026 03-2026: 8.5%● unchanged vs 02-2026 04-2026: 8.4%▼ -0.1 percentage points vs 03-2026 05-2026: 8.6%▲ +0.2 percentage points vs 04-2026 06-2026: 8.2%▼ -0.4 percentage points vs 05-2026 07-2026: 8.2%● unchanged vs 06-2026 08-2026: 8.7%▲ +0.5 percentage points vs 07-2026 09-2026: 8.9%▲ +0.2 percentage points vs 08-2026 10-2026: 9.4%▲ +0.5 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.06, compared with 2.63 in 2023, above the usual 1.5; short-term debt: 48.4% and cash: 0.5% of total assets), and 48.4% 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 49, micro): better than 64% on solvency, 23% on liquidity, 17% on profitability and 33% on growth.

The bankruptcy probability was computed on 26-10-2026 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
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 184 days late; 2 of the last 3 late
NBB · filings
raises risk · Size: total assets €69,828
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · 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, 88 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 184 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-01-2026, 184 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
184 days late
2023
57 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 121 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Registered officeRegistered-office move

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View
  • Total assets 20242 financial years filed €69,828 View
  • Active since 2022founded 20-06-2022 4 years View

By topic

Financials

Financial year
2024
Total assets
€69,828
Loss
-€947
Solvency
51.6%
Total assets▲ 17.3%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Removal servicesNACE 49420
Founded
20-06-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about TE TRANSPORTGROUP

What is the company number of TE TRANSPORTGROUP?
0787.445.901. In Belgium the VAT number is the company number with BE in front: BE 0787.445.901.
Where is TE TRANSPORTGROUP based?
The registered office is at Emile Vanderveldestraat 69, 3290 Diest.Company details
What does TE TRANSPORTGROUP do?
According to the KBO register, the main activity is removal services (NACE 49420).
What is the legal form of TE TRANSPORTGROUP?
Private limited company (BV).
When was TE TRANSPORTGROUP founded?
On 20-06-2022.
Is TE TRANSPORTGROUP still active?
Yes, TE TRANSPORTGROUP is an active enterprise in the KBO register.
What is the turnover of TE TRANSPORTGROUP?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is TE TRANSPORTGROUP profitable?
In financial year 2024, TE TRANSPORTGROUP made a loss of €947.
Where can I find the annual accounts of TE TRANSPORTGROUP?
TE TRANSPORTGROUP filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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