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TRANS-MIL

Open bankruptcy
Private limited companyfounded 2013Keizerslaan 10, 1000 Brussel, BelgiumKBO/BCE: BE 0508.818.745

A bankruptcy procedure is open for TRANS-MIL according to publications in the Belgian State Gazette; curator: LUCILLE BERMOND.

Summary

The 2024 annual accounts show equity of €251,333 and a net result of €22,035.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
4 July 2025
Supervising judge
Sophie Baland
Official Gazette
14-07-2025 (pdf) ↗search the document for 2025/131177

Deadlines

Appeal or third-party opposition until
passed on 29 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 3 August 2025art. XX.104 and XX.155 CEL
First verification report
passed on 13 August 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 4 July 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Lucille BermondChaussee De La Hulpe 187, 1170 Watermael-Boitsfortl.bermond@janson.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-06-2025, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
53 d early
2023
27 d early
2022
45 d early
2021
28 d late
2020
59 d late
2019
72 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 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 January 2013, TRANS-MIL was incorporated.1 Revenue went from EUR 2 million in 2018 to EUR 633,712 in 2021.2 The company was declared bankrupt on 4 July 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 14-07-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€633,712▲ 59.6%
2019 · €396,993
EBIT margin
16.7%▲ 1.3pp
2019 · 15.4%
Net result
€22,035▼ 83.3%
2023 · €131,765
Working capital
€246,804▲ 10.0%
2023 · €224,329
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€633,712
Operating result€61,024=€105,684▲ 73.2%€1,600▼ 98.5%€161,206▲ 9,978%€87,417▼ 45.8%
Net result-€205,878€84,527above the sector's middle half-€20,359below the sector's middle half€131,765above the sector's middle half€22,035within the sector's middle half▼ 83.3%
EBIT margin16.7%
Equity€514,243=€250,035above the sector's middle half▼ 51.4%€158,248within the sector's middle half▼ 36.7%€229,298above the sector's middle half▲ 44.9%€251,333above the sector's middle half▲ 9.6%
Total assets€590,970=€360,359above the sector's middle half▼ 39.0%€295,601within the sector's middle half▼ 18.0%€340,502above the sector's middle half▲ 15.2%€352,969above the sector's middle half▲ 3.7%
Debt€90,812▲ 18.4%€110,324▲ 21.5%€137,353▲ 24.5%€111,204▼ 19.0%€101,636▼ 8.6%
Working capital€498,958▼ 2.7%€240,808above the sector's middle half▼ 51.7%€151,150within the sector's middle half▼ 37.2%€224,329above the sector's middle half▲ 48.4%€246,804above the sector's middle half▲ 10.0%
Solvency87.0%=69.4%above the sector's middle half▼ 17.6pp53.5%above the sector's middle half▼ 15.9pp67.3%above the sector's middle half▲ 13.8pp71.2%above the sector's middle half▲ 3.9pp
Current ratio6.49▼ 1.193.18above the sector's middle half▼ 3.312.10within the sector's middle half▼ 1.083.02above the sector's middle half▲ 0.923.43above the sector's middle half▲ 0.41
Return on assets (ROA)-34.8%▼ 39.9pp23.5%above the sector's middle half▲ 58.3pp-6.9%below the sector's middle half▼ 30.3pp38.7%above the sector's middle half▲ 45.6pp6.2%within the sector's middle half▼ 32.5pp
Staff (FTE)6within the sector's middle half5▼ 16.7%
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000€200,000Operating result 2020: €61,024€61,024Net result 2020: -€205,878-€205,878Operating result 2021: €105,684€105,684Net result 2021: €84,527€84,527Operating result 2022: €1,600€1,600Net result 2022: -€20,359-€20,359Operating result 2023: €161,206€161,206Net result 2023: €131,765€131,765Operating result 2024: €87,417€87,417Net result 2024: €22,035€22,03520202021202220232024-€50,000€0€50,000€100,000€150,000Operating result 2022: €1,600€1,600Net result 2022: -€20,359-€20,400Operating result 2023: €161,206€161,000Net result 2023: €131,765€132,000Operating result 2024: €87,417€87,400Net result 2024: €22,035€22,000202220232024
The operating result falls in 2024; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €352,969
Fixed assets €4,529 ▼ 8.9%
Current assets €348,440 ▲ 3.8%
Equity and liabilities €352,969
Equity €251,333 ▲ 9.6%
Debt €101,636 ▼ 8.6%
Debt's share of the balance-sheet total falls from 32.7% to 28.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€90,202▼
2023 · €163,335
Cash flow
€24,820▼
2023 · €133,893
Debt to equity
0.40▼
2023 · 0.48
ROE
8.8%▼
2023 · 57.5%
Interest coverage
1073.84▼
2023 · 1944.46
Debt ≤ 1 year
€101,636▼
2023 · €111,204
Income taxes
€65,298▲
2023 · €29,357
Staff costs
€227,353▼
2023 · €260,066
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€340,502€352,969▲
Fixed assets21/28€4,969€4,529▼
Tangible fixed assets22/27€4,969€4,529▼
Furniture and vehicles24€4,969€4,529▼
Current assets29/58€335,533€348,440▲
Amounts receivable within one year40/41€193,829€236,688▲
Trade receivables40€57,199€57,199=
Other amounts receivable41€136,629€179,489▲
Cash at bank and in hand54/58€141,704€111,752▼
Equity and liabilities
Total equity and liabilities10/49€340,502€352,969▲
Equity10/15€229,298€251,333▲
Contributions10/11€18,600€18,600=
Capital10€18,600-
Issued capital100€18,600-
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860-
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€208,838€230,873▲
Amounts payable17/49€111,204€101,636▼
Amounts payable within one year42/48€111,204€101,636▼
Trade debts44€59,190€56,711▼
Suppliers440/4€59,190€56,711▼
Taxes, remuneration and social security45€34,514€44,925▲
Taxes450/3€13,303€28,625▲
Remuneration and social security454/9€21,211€16,300▼
Other amounts payable47/48€17,500-
Income statement Code20232024
Remuneration, social security and pensions62€260,066€227,353▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,129€2,786▲
Other operating charges640/8€1,820€1,349▼
Gross operating margin9900€425,220€318,904▼
Operating profit (loss)9901€161,206€87,417▼
Financial charges65/66B€84€84=
Recurring financial charges65€84€84=
Profit (loss) for the period before taxes9903€161,122€87,333▼
Income taxes67/77€29,357€65,298▲
Profit (loss) for the period9904€131,765€22,035▼
Profit (loss) for the period to be appropriated9905€131,765€22,035▼
Appropriation of the result
Profit (loss) to be appropriated9906€269,553€230,873▼
Profit (loss) brought forward from the previous period14P€137,788€208,838▲
Profit to be distributed694/7€60,714-
Return on contributions (dividend)694€60,714-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70-€633,712----
Goods, raw materials, services and sundry goods60/61-€276,755----
Remuneration, social security and pensions62-€246,241€228,735€260,066€227,353▼ 12.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,023€1,417€2,129€2,129€2,786▲ 30.9%
Other operating charges640/8-€3,616€3,111€1,820€1,349▼ 25.9%
Gross operating margin9900€219,595€356,958€235,574€425,220€318,904▼ 25.0%
Operating profit (loss)9901€61,024€105,684€1,600€161,206€87,417▼ 45.8%
Recurring financial income75€50-----
Financial charges65/66B-€235€104€84€84=
Recurring financial charges65€1,347€235€104€84€84=
Profit (loss) for the period before taxes9903-€176,544€105,449€1,495€161,122€87,333▼ 45.8%
Income taxes67/77€30,000€20,922€21,854€29,357€65,298▲ 122%
Profit (loss) for the period9904-€205,878€84,527-€20,359€131,765€22,035▼ 83.3%
Profit (loss) for the period to be appropriated9905-€205,878€84,527-€20,359€131,765€22,035▼ 83.3%
Line20202021202220232024Change
Assets
Total assets20/58€590,970€360,359€295,601€340,502€352,969▲ 3.7%
Fixed assets21/28€1,200€9,227€7,098€4,969€4,529▼ 8.9%
Tangible fixed assets22/27€1,200€9,227€7,098€4,969€4,529▼ 8.9%
Furniture and vehicles24-€9,227€7,098€4,969€4,529▼ 8.9%
Current assets29/58€589,770€351,132€288,503€335,533€348,440▲ 3.8%
Amounts receivable within one year40/41€577,899€264,556€245,853€193,829€236,688▲ 22.1%
Trade receivables40-€61,164€90,627€57,199€57,199=
Other amounts receivable41-€203,392€155,226€136,629€179,489▲ 31.4%
Cash at bank and in hand54/58€32,680€86,577€42,650€141,704€111,752▼ 21.1%
Equity and liabilities
Total equity and liabilities10/49€590,970€360,359€295,601€340,502€352,969▲ 3.7%
Equity10/15€514,243€250,035€158,248€229,298€251,333▲ 9.6%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600--
Issued capital100-€18,600€18,600€18,600--
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Legal reserve130-€1,860€1,860€1,860--
Reserves not available under the articles1311----€1,860-
Profit (loss) carried forward14€493,783€229,575€137,788€208,838€230,873▲ 10.6%
Amounts payable17/49€90,812€110,324€137,353€111,204€101,636▼ 8.6%
Amounts payable within one year42/48€90,812€110,324€137,353€111,204€101,636▼ 8.6%
Trade debts44€18,795€30,811€36,312€59,190€56,711▼ 4.2%
Suppliers440/4-€30,811€36,312€59,190€56,711▼ 4.2%
Taxes, remuneration and social security45-€76,341€97,868€34,514€44,925▲ 30.2%
Taxes450/3-€57,649€71,402€13,303€28,625▲ 115%
Remuneration and social security454/9-€18,692€26,466€21,211€16,300▼ 23.2%
Other amounts payable47/48-€3,173€3,173€17,500--
Line20202021202220232024Change
Profit (loss) for the period9904-€205,878€84,527-€20,359€131,765€22,035▼ 83.3%
+ Depreciation and write-downs630€2,023€1,417€2,129€2,129€2,786▲ 30.9%
Operating cash flow (approximation)-€203,855€85,944-€18,230€133,893€24,820▼ 81.5%
Investment in fixed assets (approximation)--€9,443€0€0-€2,345-
Change in cash-€53,897-€43,926€99,054-€29,953▼ 130%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
14-07
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 04-07-2025
08-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €131,765
Net result €131,765 after one loss-making year.
31-12
Financial Equity above €200,000Eq €229,298 ▲44.9%
Equity rises from €158,248 to €229,298.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
28-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial Back to profitnet €84,527
Net result €84,527 after one loss-making year.
28-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial Weakest financial yearnet -€205,878
Net result drops to -€205,878, the lowest in the series.
11-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 72 days late
2019
31-12
Financial Equity above €500,000Eq €514,243 ▲6.2%
2 profitable years in a row build equity to €514,243.
Show earlier events
07-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
28-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 181 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
04-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 157 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts

We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
16 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, Brussel · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
920 m²
Building footprint
613 m²
Volume, LiDAR
11,681 m³
2 parcels, Brussels, Flanders · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
472 companies at this address See who is registered here
1 establishment unit
TRANS-MIL
Rijgerstraat 41, 9310 AalstManufacture of metal structures and parts of structures
since 20132.251.602.404
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21808H1778/00D000 Brussels 670 m² 1 · 488 m² 27.7 m · 8 fl.
41042D0595/00P000 Flanders 250 m² 1 · 125 m² 9.7 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LUCILLE BERMOND
CHAUSSEE DE LA HULPE 187, 1170 WATERMAEL-BOITSFORT
04-07-2025 → present

Similar companies · same sector, comparable size

Of 2,456 companies in sector 41003 we hold annual accounts for 1,058. 691 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0508818745
Registered 08-01-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.