TRANNEX

Active

Public limited companyfounded 1985active for 41 yearsRue des Sablières 45, 1435 Mont-Saint-Guibert, Belgium80 active companies are registered at this addressKBO/BCE: BE 0427.133.164

Summary

TRANNEX has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €508,122 and a net result of €9,538. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 16% of 6,142 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisFollow Report Compare

TRANNEXActiveChecked score 65/100

Risk analysis Report Compare

Activity

Wholesale trade

NACE 46432

8th oldest company in Mont-Saint-Guibert, Wholesale and retail trade sector2 sites

Size

≈ €5.9mturnover 2025, estimated

Staff: 16.8 FTE
Equity: €508,122
Profit: €9,538

Turnover estimated from the gross margin

Financial health

65 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.1%

Structure

NEVE DE MEVERGNIES CédricDirector
VERHAEGHE DE NAEYER GuyDirector

2025 accounts on time1 of 8 deeds summarised

Why 65raises riskEquity €508,122 (13.9% of total assets)Liquidity: current ratio 1.56, cash €131,151Size: 16.8 FTE, total assets €3.6mlowers riskFounded in 1985Show the evidence

Checked score

Score 2025

65 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 29% of its sector peers (NACE 46, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 39+1

equity 13.9% of total assets

Liquidity 29-3

short-term debt 51.3% · cash 3.6%

Profitability 48-3

return on assets 0.3%

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,376 companies, NACE 46, small)

Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 1.0%▼ -1.1 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025lowest value 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.2 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.1%▼ -0.2 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.56, compared with 1.77 in 2024, above the usual 1.5; short-term debt: 51.3% and cash: 3.6% of total assets), but 86.1% 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 46, small): better than 16% on solvency, 28% on liquidity, 31% on profitability and 43% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

lowers riskraises riskneutral

Equity €508,122 (13.9% of total assets)

NBB · annual accounts

Liquidity: current ratio 1.56, cash €131,151

NBB · annual accounts

Size: 16.8 FTE, total assets €3.6m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1985

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 6142 sector peers (2025).

NBB · sector comparison

Position among 6142 sector peers

Solvency

better than 16%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

on the day

2024

on the day

2023

65 days late

2022

56 days early

2021

46 days early

2020

27 days late

2019

14 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 filed years within 56 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-07-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Equity above €500,000equity €508,122 ▲1.9%
31-07-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Caution: Result fell in 2025from €68,996 to €9,538 ▼ 86.2% View
Caution: Among the weakest 17% on solvencysector median 45.2% · 6,142 companies 13.9% View
Active since 1985founded 25-03-1985 41 years View

By topic

Financials

Financial year: 2025
Total assets: €3.6m
Profit: €9,538
Solvency: 13.9%

Turnover▲ 31.3%

Net result

20182019

Go to Financials

Board & ownership

Board: 2 members

NEVE DE MEVERGNIES CédricDirector
VERHAEGHE DE NAEYER GuyDirector

Go to Board & ownership

Timeline

Events: 47
Since: 1986
Next accounts: by 31-07-2027

31-12-2024Back to profit
04-10-2024Annual accounts filed
26-09-2024Reappointments: GAUDISSART Alexandre, NEVE DE MEVERGNIES Cédric…

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Wholesale tradeNACE 46432
Founded: 25-03-1985
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about TRANNEX

What is the company number of TRANNEX?: 0427.133.164. In Belgium the VAT number is the company number with BE in front: BE 0427.133.164.
Where is TRANNEX based?: The registered office is at Rue des Sablières 45, 1435 Mont-Saint-Guibert.Company details
What does TRANNEX do?: According to the KBO register, the main activity is wholesale trade (NACE 46432).
What is the legal form of TRANNEX?: Public limited company (NV).
When was TRANNEX founded?: On 25-03-1985.
Is TRANNEX still active?: Yes, TRANNEX is an active enterprise in the KBO register.
How many employees does TRANNEX have?: On average 16.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TRANNEX?: €2.8m in financial year 2019, according to the filed annual accounts.
Is TRANNEX profitable?: In financial year 2025, TRANNEX made a profit of €9,538.
Where can I find the annual accounts of TRANNEX?: TRANNEX filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRANNEX due?: By 31-07-2027, for financial year 2026.Timeline