TRANGO
ActiveSummary
TRANGO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €714,046 and a net result of €149,163. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 91% of 9527 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 7.64 against 13.64 in 2023; short-term debt: 8.9% and cash: 34.1% of total assets), and 8.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.1%
Return on assets
19%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
61 d late
2022
71 d late
2021
27 d early
2020
9 d early
2019
8 d 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 20 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€714,046▼ 21.3%
2023 · €907,099
Total assets
€783,474▼ 18.2%
2023 · €957,733
Net result
€149,163▲ 6.7%
2023 · €139,850
Working capital
€461,222▼ 27.9%
2023 · €639,811
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€133,823▲ 40.3%€182,116▲ 36.1%€165,361▼ 9.2%€204,187▲ 23.5%€213,527▲ 4.6%
Net result€86,737above the sector's middle half▲ 53.3%€122,816above the sector's middle half▲ 41.6%€119,801above the sector's middle half▼ 2.5%€139,850above the sector's middle half▲ 16.7%€149,163above the sector's middle half▲ 6.7%
Equity€840,421above the sector's middle half▲ 11.5%€963,237above the sector's middle half▲ 14.6%€767,249above the sector's middle half▼ 20.3%€907,099above the sector's middle half▲ 18.2%€714,046above the sector's middle half▼ 21.3%
Total assets€1.0mabove the sector's middle half▲ 6.5%€1.2mabove the sector's middle half▲ 12.5%€807,178above the sector's middle half▼ 31.6%€957,733above the sector's middle half▲ 18.7%€783,474above the sector's middle half▼ 18.2%
Debt€209,051▼ 9.9%€217,251▲ 3.9%€39,930▼ 81.6%€50,634▲ 26.8%€69,428▲ 37.1%
Working capital€424,464above the sector's middle half▲ 31.5%€783,721above the sector's middle half▲ 84.6%€481,430above the sector's middle half▼ 38.6%€639,811above the sector's middle half▲ 32.9%€461,222above the sector's middle half▼ 27.9%
Solvency80.1%above the sector's middle half▲ 3.6pp81.6%above the sector's middle half▲ 1.5pp95.1%above the sector's middle half▲ 13.5pp94.7%above the sector's middle half▼ 0.3pp91.1%above the sector's middle half▼ 3.6pp
Current ratio3.03within the sector's middle half▲ 0.644.61above the sector's middle half▲ 1.5813.16above the sector's middle half▲ 8.5513.64above the sector's middle half▲ 0.487.64above the sector's middle half▼ 5.99
Return on assets (ROA)8.3%within the sector's middle half▲ 2.5pp10.4%within the sector's middle half▲ 2.1pp14.8%within the sector's middle half▲ 4.4pp14.6%within the sector's middle half▼ 0.2pp19.0%within the sector's middle half▲ 4.4pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €783,474
Fixed assets
€252,824 ▼ 5.4%
Current assets
€530,651 ▼ 23.1%
Equity and liabilities €783,474
Equity
€714,046 ▼ 21.3%
Debt
€69,428 ▲ 37.1%
Debt's share of the balance-sheet total rises from 5.3% to 8.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€240,774▲
2023 · €230,608
Cash flow
€176,409▲
2023 · €166,271
Debt to equity
0.10▲
2023 · 0.06
ROE
20.9%▲
2023 · 15.4%
Interest coverage
234.75▲
2023 · 163.50
Debt ≤ 1 year
€69,428▲
2023 · €50,634
Income taxes
€70,841▲
2023 · €68,557
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,810 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,173 | €18,149 | €23,226 | €26,421 | €27,246 | ▲ 3.1% |
| Other operating charges640/8 | - | €1,633 | €1,770 | €1,997 | €2,319 | ▲ 16.1% |
| Non-recurring operating charges66A | - | - | - | €741 | €0 | ▼ 100% |
| Gross operating margin9900 | €152,533 | €201,898 | €190,358 | €233,346 | €243,092 | ▲ 4.2% |
| Operating profit (loss)9901 | €133,823 | €182,116 | €165,361 | €204,187 | €213,527 | ▲ 4.6% |
| Financial income75/76B | - | €6,226 | €11,462 | €5,631 | €7,502 | ▲ 33.2% |
| Recurring financial income75 | €4,806 | €6,226 | €11,462 | €5,631 | €7,502 | ▲ 33.2% |
| Financial charges65/66B | - | €8,421 | €451 | €1,410 | €1,026 | ▼ 27.3% |
| Recurring financial charges65 | €10,039 | €8,421 | €451 | €1,410 | €1,026 | ▼ 27.3% |
| Profit (loss) for the period before taxes9903 | €128,590 | €179,920 | €176,372 | €208,407 | €220,004 | ▲ 5.6% |
| Income taxes67/77 | €41,853 | €57,104 | €56,571 | €68,557 | €70,841 | ▲ 3.3% |
| Profit (loss) for the period9904 | €86,737 | €122,816 | €119,801 | €139,850 | €149,163 | ▲ 6.7% |
| Profit (loss) for the period to be appropriated9905 | €86,737 | €122,816 | €119,801 | €139,850 | €149,163 | ▲ 6.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.2m | €807,178 | €957,733 | €783,474 | ▼ 18.2% |
| Fixed assets21/28 | €416,042 | €179,629 | €286,149 | €267,288 | €252,824 | ▼ 5.4% |
| Tangible fixed assets22/27 | €166,011 | €179,598 | €286,118 | €267,257 | €242,830 | ▼ 9.1% |
| Land and buildings22 | - | €145,323 | €129,138 | €112,952 | €96,766 | ▼ 14.3% |
| Furniture and vehicles24 | - | €4,003 | €3,991 | €6,239 | €6,069 | ▼ 2.7% |
| Other tangible fixed assets26 | - | €30,272 | €152,989 | €148,066 | €139,994 | ▼ 5.5% |
| Financial fixed assets28 | €250,031 | €31 | €31 | €31 | €9,994 | ▲ 32,139% |
| Current assets29/58 | €633,430 | €1.0m | €521,029 | €690,445 | €530,651 | ▼ 23.1% |
| Amounts receivable after more than one year29 | - | €250,000 | €250,000 | €250,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | €250,000 | €250,000 | €250,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €42,491 | €147,733 | €88,746 | €242,552 | €161,677 | ▼ 33.3% |
| Trade receivables40 | - | €133,950 | €74,760 | €217,800 | €161,660 | ▼ 25.8% |
| Other amounts receivable41 | - | €13,783 | €13,986 | €24,752 | €17 | ▼ 99.9% |
| Current investments50/53 | €9,963 | €9,963 | €9,963 | €9,963 | €100,514 | ▲ 909% |
| Cash at bank and in hand54/58 | €579,686 | €592,180 | €171,646 | €187,027 | €267,477 | ▲ 43.0% |
| Deferred charges and accrued income490/1 | - | €983 | €675 | €903 | €982 | ▲ 8.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.2m | €807,178 | €957,733 | €783,474 | ▼ 18.2% |
| Equity10/15 | €840,421 | €963,237 | €767,249 | €907,099 | €714,046 | ▼ 21.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €803,188 | €926,004 | €730,015 | €869,865 | €676,813 | ▼ 22.2% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | €924,144 | €728,155 | €868,005 | €676,813 | ▼ 22.0% |
| Profit (loss) carried forward14 | €18,633 | €18,633 | €18,633 | €18,633 | €18,633 | = |
| Amounts payable17/49 | €209,051 | €217,251 | €39,930 | €50,634 | €69,428 | ▲ 37.1% |
| Amounts payable within one year42/48 | €208,966 | €217,138 | €39,599 | €50,634 | €69,428 | ▲ 37.1% |
| Trade debts44 | €2,935 | €4,838 | €13,407 | €3,067 | €1,535 | ▼ 50.0% |
| Suppliers440/4 | - | €4,838 | €13,407 | €3,067 | €1,535 | ▼ 50.0% |
| Taxes, remuneration and social security45 | - | €34,161 | €26,192 | €47,568 | €44,681 | ▼ 6.1% |
| Taxes450/3 | - | €34,161 | €26,192 | €47,568 | €44,681 | ▼ 6.1% |
| Other amounts payable47/48 | - | €178,139 | - | - | €23,213 | - |
| Accrued charges and deferred income492/3 | - | €113 | €331 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86,737 | €122,816 | €119,801 | €139,850 | €149,163 | ▲ 6.7% |
| + Depreciation and write-downs630 | €17,173 | €18,149 | €23,226 | €26,421 | €27,246 | ▲ 3.1% |
| Operating cash flow (approximation) | €103,910 | €140,965 | €143,028 | €166,271 | €176,409 | ▲ 6.1% |
| Investment in fixed assets (approximation) | - | €218,264 | -€129,746 | -€7,560 | -€12,783 | ▼ 69.1% |
| Change in cash | - | €12,494 | -€420,534 | €15,381 | €80,450 | ▲ 423% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €149,163 ▲6.7%
Operating result €213,527, net result €149,163, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 13.16
Current ratio from 4.61 to 13.16; short-term debt falls from €217,138 to €39,599.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €56,586 ▼37.7%
Net result drops to €56,586, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 2009
Ground area
2,398 m²
Building footprint
253 m²
Volume, LiDAR
1,384 m³
Parcel 34022E0253/00C002, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRANGO
since 20092.175.664.864
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0253/00C002 | Flanders | 2,398 m² | 1 · 253 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
- KONINK AHOLD DELHAIZENLsubsidiarySourceown accounts 2024100%
According to the 2024 annual accounts of TRANGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
984500CCC0A3C3KDDD75
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 1,756 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
70200Business and other management consultancy
77310Rental and leasing activities
Contact
E-mail
joost@trango.beKortrijk
Phone
0476 87 61 11Kortrijk
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809270703
Also
9925:BE0809270703
Registered
26-09-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.