Financials
- Fiscal year
- 2024
- Total assets
- €143,331
- Profit
- €5,000
- Solvency
- -101.0%
Turnover▲ 5.6%
Net result
20182022
TRANS - IMMO
ActiveSummary
TRANS - IMMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€144,780) and a net result of €5,000. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 19371 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101NACE 70111
1 site
Size
€143,331total assets 2024
- Equity
- -€144,780
- Profit
- €5,000
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 2 deeds read
Why 55Capped at 59: negative equity- 1 financial year not filed after the legal deadline; latest accounts 63 days late; 3 of the last 3 late- Figures for FY 2024 (filed 02-10-2025)+ Founded in 1988+ Sector Real estate activities (NACE 68)Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 48% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency
0=
equity -101.0% of total assets
Liquidity
54=
short-term debt 24.7% · cash 10.9%
Profitability
73+73
return on assets 3.5%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.5%
12-2024: 1.9%▲ +25.5% vs 11-2024
01-2025: 3.7%▲ +93.3% vs 12-2024
02-2025: 3.7%● 0.0% vs 01-2025
03-2025: 3.7%▲ +2.4% vs 02-2025
04-2025: 3.4%▼ -9.0% vs 03-2025
05-2025: 3.4%● 0.0% vs 04-2025
06-2025: 3.2%▼ -5.1% vs 05-2025
07-2025: 3.5%▲ +7.2% vs 06-2025
08-2025: 3.7%▲ +5.7% vs 07-2025
09-2025: 3.7%▲ +1.2% vs 08-2025
10-2025: 4.0%▲ +7.9% vs 09-2025highest value
11-2025: 0.5%▼ -88.0% vs 10-2025
12-2025: 0.5%● 0.0% vs 11-2025
01-2026: 0.5%▼ -1.2% vs 12-2025
02-2026: 0.5%● 0.0% vs 01-2026
03-2026: 0.5%▼ -1.5% vs 02-2026lowest value
04-2026: 0.5%● 0.0% vs 03-2026lowest value
05-2026: 0.5%▲ +0.6% vs 04-2026
06-2026: 0.5%▲ +10.6% vs 05-2026
07-2026: 0.6%▲ +10.9% vs 06-2026
08-2026: 0.8%▲ +35.1% vs 07-2026
09-2026: 0.8%▲ +5.6% vs 08-2026
10-2026: 0.9%▲ +4.5% vs 09-2026
- Founded in 1988 lowers the probability for this profile
- Sector Real estate activities (NACE 68) lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 63 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 02-10-2025) raises the probability
No credit on open account
Liquidity ample (current ratio 3.02 against 8.59 in 2023; short-term debt: 24.7% and cash: 10.9% of total assets), but equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 5%, liquidity 64%, profitability 66%, growth against the median 55%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 19371 sector peers (2024).
NBB · sector comparisonPosition among 19371 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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
63 d late
2023
273 d late
2022
69 d late
2021
12 d late
2020
31 d late
2019
75 d late
← 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 87 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €5,000
Key points
By topic
Timeline
- Events
- 16
- Since
- 2016
- 02-10-2025Annual accounts filed
- 30-04-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 29-12-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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