TRANS-MIL
Open bankruptcyA bankruptcy procedure is open for TRANS-MIL according to publications in the Belgian State Gazette; curator: LUCILLE BERMOND. The 2024 annual accounts show equity of €251k and a net result of €22k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 filingsDeviation 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 →
Financials · fiscal year 2024, micro schema
Turnover
€634k▲ 59.6%
2019 · €397k
2018: €1.97M
2019: €397k
2018 → 2021
EBIT margin
16.7%▲ 1.3pp
2019 · 15.4%
2018: 15.5%
2019: 15.4%
2018 → 2021
Net result
€22k▼ 83.3%
2023 · €132k
2018: €86k
2019: €30k
2020: €-206k
2021: €85k
2022: €-20k
2023: €132k
2018 → 2024
Working capital
€247k▲ 10.0%
2023 · €224k
2018: €481k
2019: €513k
2020: €499k
2021: €241k
2022: €151k
2023: €224k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€634k
Equity€514k-€250k▼ 51.4%€158k▼ 36.7%€229k▲ 44.9%€251k▲ 9.6%
Operating result€61k-€106k▲ 73.2%€2k▼ 98.5%€161k▲ 9,978%€87k▼ 45.8%
Net result€-206k-€85k€-20k€132k€22k▼ 83.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €353k
Fixed assets
€5k▼ 8.9%
Current assets
€348k▲ 3.8%
Equity and liabilities €353k
Equity
€251k▲ 9.6%
Debt
€102k▼ 8.6%
The debt ratio falls from 32.7% to 28.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€90k▼
2023 · €163k
Cash flow
€25k▼
2023 · €134k
Solvency
71.2%▲
2023 · 67.3%
Current ratio
3.43▲
2023 · 3.02
Quick ratio
3.43▲
2023 · 3.02
Debt / equity
0.40▼
2023 · 0.48
ROE
8.8%▼
2023 · 57.5%
ROA
6.2%▼
2023 · 38.7%
Interest coverage
1073.84▼
2023 · 1944.46
Debt
€102k▼
2023 · €111k
Debt ≤ 1 year
€102k▼
2023 · €111k
Income taxes
€65k▲
2023 · €29k
Staff costs
€227k▼
2023 · €260k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€341k€353k▲
Fixed assets21/28€5k€5k▼
Tangible fixed assets22/27€5k€5k▼
Furniture and vehicles24€5k€5k▼
Current assets29/58€336k€348k▲
Amounts receivable within one year40/41€194k€237k▲
Trade receivables40€57k€57k=
Other amounts receivable41€137k€179k▲
Cash at bank and in hand54/58€142k€112k▼
Equity and liabilities
Total equity and liabilities10/49€341k€353k▲
Equity10/15€229k€251k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€209k€231k▲
Amounts payable17/49€111k€102k▼
Amounts payable within one year42/48€111k€102k▼
Trade debts44€59k€57k▼
Suppliers440/4€59k€57k▼
Taxes, remuneration and social security45€35k€45k▲
Taxes450/3€13k€29k▲
Remuneration and social security454/9€21k€16k▼
Other amounts payable47/48€18k-
Income statement
Code20232024
Remuneration, social security and pensions62€260k€227k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€425k€319k▼
Operating profit (loss)9901€161k€87k▼
Financial charges65/66B€84€84=
Recurring financial charges65€84€84=
Profit (loss) for the period before taxes9903€161k€87k▼
Income taxes67/77€29k€65k▲
Profit (loss) for the period9904€132k€22k▼
Profit (loss) for the period to be appropriated9905€132k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€270k€231k▼
Profit (loss) brought forward from the previous period14P€138k€209k▲
Profit to be distributed694/7€61k-
Return on contributions (dividend)694€61k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL TRANS-MIL BOULEVARD DE L’EMPEREUR 10, 1000 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 €132k
Net result €132k after one loss-making year.
31-12
Financial
Equity above €200kEq €229k ▲44.9%
Equity rises from €158k to €229k.
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 €85k
Net result €85k 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 €-206k ▼788%
Net result drops to €-206k, 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 €500kEq €514k ▲6.2%
2 profitable years in a row build equity to €514k.
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.
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
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.
Keizerslaan 101000 BrusselGround 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.
1 establishment unit
TRANS-MIL
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
Methodology
via registered seat: 1 · via establishment units: 1
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 |
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Of 2,429 companies in sector 41003 we hold annual accounts for 1,048. 686 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2013
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.