Financials
- Fiscal year
- 2025
- Total assets
- €278,892
- Profit
- €23,883
- Solvency
- 64.8%
Total assets▲ 26.6%
Net result
20182025
TRANS M.G.
ActiveSummary
TRANS M.G. has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180,592 and a net result of €23,883. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Joinery installation
NACE 43320NACE 60241
#3 oldest company in Chapelle-lez-Herlaimont, Construction sector1 site
Size
€278,892total assets 2025
- Staff
- 4 FTE
- Equity
- €180,592
- Profit
- €23,883
Turnover not published (abridged schema)
Structure
Accounts filed 29 d late0 of 5 deeds read
Why 88- Sector Specialised construction activities (NACE 43)- Size: total assets €278,892+ Founded in 1992+ Equity €180,592 (64.8% of total assets)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Better than 59% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
90-6
equity 64.8% of total assets
Liquidity
52-2
short-term debt 19.0% · cash 6.0%
Profitability
79+70
return on assets 8.6%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 0.3%
07-2026: 0.3%▲ +6.6% vs 06-2026
08-2026: 0.6%▲ +81.7% vs 07-2026highest value
09-2026: 0.3%▼ -52.5% vs 08-2026lowest value
10-2026: 0.3%● 0.0% vs 09-2026lowest value
- Sector Specialised construction activities (NACE 43) raises the probability
- Founded in 1992 lowers the probability for this profile
- Size: total assets €278,892 raises the probability for this profile
- Equity €180,592 (64.8% of total assets) lowers the probability
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.11 in 2024; short-term debt: 19% and cash: 6% of total assets), and 35.2% of the assets are financed with debt.
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 43, micro). Better than this share of them on solvency 70%, liquidity 47%, profitability 59%, growth against the median 62%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 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
29 d late
2024
44 d early
2023
14 d late
2022
18 d late
2021
on the day
2020
27 d late
2019
92 d 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 19 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 15 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €23,883
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 29-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 17-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 21-02-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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