TRANS MECO
ActiveTRANS MECO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.80M and a net result of €3.35M. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-9
Solvency52=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.08 in 2024; short-term debt: 69.4% and cash: 8.3% of total assets), and 72.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
27.5%
Return on assets
13.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
22 d early
2023
13 d early
2022
on the day
2021
2 d early
2020
39 d early
2019
16 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€13.94M▲ 54.0%
2020 · €9.05M
2018: €8.00M
2019: €8.28M
2020: €9.05M
2018 → 2021
EBIT margin
35.1%▼ 2.5pp
2020 · 37.6%
2018: 29.9%
2019: 34.7%
2020: 37.6%
2018 → 2021
Net result
€3.35M▼ 35.2%
2024 · €5.16M
2018: €2.34M
2019: €2.77M
2020: €3.29M
2021: €4.74M
2022: €7.34M
2023: €5.83M
2024: €5.16M
2018 → 2025
Working capital
€2.23M▲ 62.5%
2024 · €1.37M
2018: €2.47M
2019: €2.34M
2020: €2.95M
2021: €2.78M
2022: €2.70M
2023: €1.78M
2024: €1.37M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.94M-
Equity€5.23M-€6.40M▲ 22.2%€6.49M▲ 1.5%€6.66M▲ 2.5%€6.80M▲ 2.2%
Operating result€4.89M-€7.61M▲ 55.5%€7.82M▲ 2.8%€7.18M▼ 8.2%€4.89M▼ 31.8%
Net result€4.74M-€7.34M▲ 54.7%€5.83M▼ 20.6%€5.16M▼ 11.4%€3.35M▼ 35.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24.75M
Fixed assets
€5.35M▼ 14.2%
Current assets
€19.40M▲ 4.7%
Equity and liabilities €24.75M
Equity
€6.80M▲ 2.2%
Debt
€17.94M▼ 0.9%
The debt ratio falls from 73.1% to 72.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6.49M▼
2024 · €8.72M
Cash flow
€4.95M▼
2024 · €6.70M
Solvency
27.5%▲
2024 · 26.9%
Current ratio
1.13▲
2024 · 1.08
Quick ratio
1.13▲
2024 · 1.08
Debt / equity
2.64▼
2024 · 2.72
ROE
49.2%▼
2024 · 77.6%
ROA
13.5%▼
2024 · 20.8%
Interest coverage
12.40▼
2024 · 19.21
Debt
€17.94M▼
2024 · €18.11M
Debt ≤ 1 year
€17.17M=
2024 · €17.16M
Income taxes
€1.11M▼
2024 · €1.72M
Staff costs
€2.25M▲
2024 · €2.16M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€24.77M€24.75M▼
Fixed assets21/28€6.24M€5.35M▼
Tangible fixed assets22/27€6.24M€5.35M▼
Land and buildings22€135k€125k▼
Plant, machinery and equipment23€3.18M€3.01M▼
Furniture and vehicles24€2.92M€2.22M▼
Assets under construction and advance payments27€0-
Current assets29/58€18.53M€19.40M▲
Amounts receivable within one year40/41€8.90M€9.23M▲
Trade receivables40€7.80M€8.52M▲
Other amounts receivable41€1.09M€716k▼
Current investments50/53€3.04M€8.00M▲
Cash at bank and in hand54/58€6.53M€2.05M▼
Deferred charges and accrued income490/1€74k€106k▲
Equity and liabilities
Total equity and liabilities10/49€24.77M€24.75M▼
Equity10/15€6.66M€6.80M▲
Contributions10/11€422k€422k=
Capital10€422k€422k=
Issued capital100€422k€422k=
Reserves13€6.24M€6.38M▲
Non-distributable reserves130/1€42k€42k=
Legal reserve130€42k€42k=
Tax-exempt reserves132€2.26M€2.26M=
Distributable reserves133€3.93M€4.08M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€18.11M€17.94M▼
Amounts payable within one year42/48€17.16M€17.17M=
Trade debts44€1.84M€3.64M▲
Suppliers440/4€1.84M€3.64M▲
Taxes, remuneration and social security45€428k€631k▲
Taxes450/3€221k€399k▲
Remuneration and social security454/9€208k€232k▲
Other amounts payable47/48€14.89M€12.90M▼
Accrued charges and deferred income492/3€954k€776k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2.16M€2.25M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.54M€1.60M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€27k▲
Other operating charges640/8€615k€562k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€11.49M€9.33M▼
Operating profit (loss)9901€7.18M€4.89M▼
Financial income75/76B€156k€87k▼
Recurring financial income75€156k€87k▼
Financial charges65/66B€454k€524k▲
Recurring financial charges65€454k€524k▲
Profit (loss) for the period before taxes9903€6.88M€4.46M▼
Income taxes67/77€1.72M€1.11M▼
Profit (loss) for the period9904€5.16M€3.35M▼
Transfer to tax-exempt reserves689€40k€0▼
Profit (loss) for the period to be appropriated9905€5.12M€3.35M▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.12M€3.35M▼
Transfer to equity691/2€123k€147k▲
To other reserves6921€123k€147k▲
Profit to be distributed694/7€5.00M€3.20M▼
Return on contributions (dividend)694€5.00M€3.20M▼
Social balance
Average headcount (FTE)908724.925.5▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €7.34M ▲54.7%
Net result €7.34M, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €5MEq €5.23M ▲12.8%
4 profitable years in a row build equity to €5.23M.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Lokeren · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Scherpeputstraat 99160 LokerenGround area
2,235 m²
Building footprint
324 m²
Volume, LiDAR
1,008 m³
Parcel 46382B1226/00K000, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TRANS MECO
since 19872.030.146.850
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1226/00K000 | Flanders | 2,235 m² | 1 · 324 m² | 5.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 20,055 EUR awarded · 20,055 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 320 EUR | 320 EUR |
| 2023 | 1 | 19,500 EUR | 19,500 EUR |
| 2022 | 1 | 235 EUR | 235 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-08-1987
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
49410Freight transport by road
43110Demolition
45111
46831Wholesale of construction materials, general range
51532
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.