TN TRANS
ActiveTN TRANS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.09M and a net result of €228k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 1844 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+6
Solvency76▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 3.93 against 1.85 in 2024; short-term debt: 16.1% and cash: 43.5% of total assets), and 49.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.6%
Return on assets
10.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
20 d early
2023
40 d early
2022
45 d early
2021
67 d early
2020
64 d early
2019
77 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.09M▲ 26.6%
2024 · €859k
2018: €508k
2019: €702k
2020: €787k
2021: €843k
2022: €938k
2023: €915k
2024: €859k
2018 → 2025
Total assets
€2.15M▼ 6.9%
2024 · €2.31M
2018: €1.33M
2019: €1.71M
2020: €1.92M
2021: €1.96M
2022: €2.05M
2023: €2.02M
2024: €2.31M
2018 → 2025
Net result
€228k▲ 68.0%
2024 · €136k
2018: €86k
2019: €234k
2020: €136k
2021: €118k
2022: €180k
2023: €63k
2024: €136k
2018 → 2025
Working capital
€1.01M▲ 78.6%
2024 · €568k
2018: €193k
2019: €258k
2020: €397k
2021: €138k
2022: €334k
2023: €452k
2024: €568k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€843k-€938k▲ 11.2%€915k▼ 2.5%€859k▼ 6.1%€1.09M▲ 26.6%
Operating result€173k-€230k▲ 32.5%€116k▼ 49.7%€224k▲ 93.9%€364k▲ 62.2%
Net result€118k-€180k▲ 53.2%€63k▼ 65.0%€136k▲ 115%€228k▲ 68.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.15M
Fixed assets
€789k▼ 26.5%
Current assets
€1.36M▲ 10.1%
Equity and liabilities €2.15M
Equity
€1.09M▲ 26.6%
Debt
€1.06M▼ 26.7%
The debt ratio falls from 62.8% to 49.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€639k▲
2024 · €519k
Cash flow
€504k▲
2024 · €431k
Solvency
50.6%▲
2024 · 37.2%
Current ratio
3.93▲
2024 · 1.85
Quick ratio
3.93▲
2024 · 1.85
Debt / equity
0.98▼
2024 · 1.69
ROE
21.0%▲
2024 · 15.8%
ROA
10.6%▲
2024 · 5.9%
Interest coverage
12.99▲
2024 · 11.43
Debt
€1.06M▼
2024 · €1.45M
Debt ≤ 1 year
€346k▼
2024 · €668k
Debt > 1 year
€716k▼
2024 · €782k
Income taxes
€86k▲
2024 · €43k
Staff costs
€834k▼
2024 · €1.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.31M€2.15M▼
Fixed assets21/28€1.07M€789k▼
Tangible fixed assets22/27€1.07M€781k▼
Land and buildings22€327k€307k▼
Plant, machinery and equipment23€1k€688▼
Furniture and vehicles24€104k€60k▼
Leasing and similar rights25€634k€414k▼
Financial fixed assets28€8k€8k▲
Current assets29/58€1.24M€1.36M▲
Stocks and contracts in progress3€415€419▲
Stocks30/36€415€419▲
Amounts receivable within one year40/41€676k€405k▼
Trade receivables40€675k€405k▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€539k€934k▲
Deferred charges and accrued income490/1€21k€21k▼
Equity and liabilities
Total equity and liabilities10/49€2.31M€2.15M▼
Equity10/15€859k€1.09M▲
Contributions10/11€19k€19k=
Reserves13€841k€1.07M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€122k€170k▲
Distributable reserves133€717k€897k▲
Amounts payable17/49€1.45M€1.06M▼
Amounts payable after more than one year17€782k€716k▼
Financial debts170/4€782k€716k▼
Amounts payable within one year42/48€668k€346k▼
Current portion of amounts payable after more than one year42€203k€164k▼
Trade debts44€90k€8k▼
Suppliers440/4€90k€8k▼
Taxes, remuneration and social security45€181k€168k▼
Taxes450/3€66k€92k▲
Remuneration and social security454/9€116k€76k▼
Other amounts payable47/48€194k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.14M€834k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295k€276k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€9k
Other operating charges640/8€214k€147k▼
Gross operating margin9900€1.88M€1.63M▼
Operating profit (loss)9901€224k€364k▲
Financial income75/76B-€53
Recurring financial income75-€53
Financial charges65/66B€45k€49k▲
Recurring financial charges65€45k€49k▲
Profit (loss) for the period before taxes9903€179k€314k▲
Income taxes67/77€43k€86k▲
Profit (loss) for the period9904€136k€228k▲
Transfer to tax-exempt reserves689€32k€48k▲
Profit (loss) for the period to be appropriated9905€104k€180k▲
Appropriation of the result
Profit (loss) to be appropriated9906€104k€180k▲
Transfer from equity791/2€191k-
Transfer to equity691/2€104k€180k▲
To other reserves6921€104k€180k▲
Profit to be distributed694/7€191k-
Return on contributions (dividend)694€191k-
Social balance
Average headcount (FTE)908721.012.3▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 3.93
Current ratio from 1.85 to 3.93; short-term debt falls from €668k to €346k.
31-12
Financial
Equity above €1MEq €1.09M ▲26.6%
8 profitable years in a row build equity to €1.09M.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €63k ▼65%
Net result drops to €63k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €234k ▲172%
Net result €234k, the highest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Denderleeuw · 1 establishment unit since 2006
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.
Spoorweglaan 279470 DenderleeuwGround area
240 m²
Building footprint
104 m²
Volume, LiDAR
654 m³
Parcel 41011A0570/00M000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TN TRANS
since 20062.150.820.293
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41011A0570/00M000 | Flanders | 240 m² | 1 · 104 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 4,812 EUR awarded · 4,812 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 231 EUR | 231 EUR |
| 2024 | 1 | 666 EUR | 771 EUR |
| 2023 | 2 | 3,555 EUR | 3,450 EUR |
| 2022 | 1 | 360 EUR | 360 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,196. 4,002 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2005
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.