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TRANS CONNECT

Active Private limited companyfounded 2013active for 13 yearsRue de Visé 336, 4020 LiègeKBO/BCE: BE 0502.808.111 #1 company by staff growth in the province of Liège, Land transport sector

Lifetime

12 annual accounts with figures on one time axis
peak €1.2m (2024)
€1.2m▲ 22.2%
lowest -€1,901 (2015)
€4,224▼ 90.2%
peak €276,828 (2024)
€276,828▲ 1.5%
€995,648▲ 22.1%
peak 25 FTE (2024)
25 FTE▲ 31.6%
Board2 names since 2020
1 director
Documentsfilings and deeds
09-05-202583 days before the deadline
2024financial year
Gross margin from €958,125 to €1.2mResult from €42,903 to €4,224Staff from 19 FTE to 25 FTEDebts from €815,171 to €995,648Investments €400,094

Key points

from the 2024 annual accounts

Equity

€276,828 ▲ 1.5%

TRANS CONNECT has made a profit without a break since 2016.

Turnover

≈ €2.2m estimated

The accounts state no turnover.

Debts

€995,648 78% of the balance sheet
Financial debts 49%Suppliers 17%Taxes and wages 13%Other 21%

Of this, €469,907 falls due within a year.

Investments

€479,644 2.7 × depreciation
2021202220232024

Green is investment, beige is depreciation.

Staff

14 employees on 31-12-2024
15142021672024

In 2024, 6 people joined and 7 left.

Filings

12 annual accounts 105 days past the deadline
AprilJune31 JulyOctober20152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as TRANS CONNECT has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for TRANS CONNECT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • all the sharesdeed of 28-11-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0502808111
Amendment of the articles · Legal-form change · Resignations & appointments Resignation: (manager) · Reappointment: (director) · holds all the shares · Gazette deed
Transfer of 186 shares from to Appointment: (director) · Resignation: (director) · Director discharge: · General meeting of 18-05-2020 · Gazette deed
Registered office moved from Herstal to Jupille New registered office: Rue de vise 336B, 4020 JUPILLE · Previous registered office: QUATRIEME AVENUE 46 4040 HERSTAL · General meeting of 29-01-2018 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
TRANS CONNECT Liège €1.3m €1.2m 21.8% 25
VAN LATHEM GALMART TRANSPORT Halle €1.6m €1.3m -44.7% 26.2
BKD-EXPRESS Boechout €1.0m €1.5m 27.2% 28.2
U&M Trans Heusden-Zolder €1.3m €1.4m 29.2% 23.1
JIMTRANS Mont-Saint-Guibert €1.0m €1.5m 20.3% 23.2
Homemade dreams Ghent €1.0m €1.4m 14.2% 25
S&S Antwerp €1.0m €1.3m 35.3% 23.2

These companies have the same main activity as TRANS CONNECT: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €996,000 and €1.6m, founded between 2008 and 2016.

Official details

Source: KBO
Status
Active since 28-01-2013Normal situation
Activity
Freight transport by roadNACE 49410and 1 other
Establishment unit
2.221.483.9044020 Liège, since 28-01-2013
Financial year end
31 December
Peppol
Reachable since 02-01-2026
Company details

Annual accounts 2024

€1.3m▲ 17.0%
Employeeson 31-12-2024
14
Filing
Filed on 09-05-2025
Financials

Insights on TRANS CONNECT

TRANS CONNECT has existed since 2013. In 2017 the gross margin rose from €101,432 to €388,079.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TRANS CONNECT

What is the company number of TRANS CONNECT?
The company number of TRANS CONNECT is 0502.808.111. The VAT number is the same number with BE in front: BE 0502.808.111.
Where is TRANS CONNECT based?
The registered office is at Rue de Visé 336, 4020 Liège.Company details
What does TRANS CONNECT do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TRANS CONNECT?
TRANS CONNECT is a private limited company (BV).
When was TRANS CONNECT founded?
TRANS CONNECT was founded on 28-01-2013.
Is TRANS CONNECT still active?
Yes, TRANS CONNECT is an active enterprise in the KBO register.
How many employees does TRANS CONNECT have?
TRANS CONNECT had an average of 25 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TRANS CONNECT?
The turnover in financial year 2024 is ≈ €2.2m. This figure is estimated from the gross margin of €1.2m and 31 comparable companies (NACE 49410). It probably lies between €1.9m and €2.6m.
Is TRANS CONNECT profitable?
In financial year 2024, TRANS CONNECT made a profit of €4,224.
Where can I find the annual accounts of TRANS CONNECT?
TRANS CONNECT filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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