Summary
TRANS-MUTATION has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2016 annual accounts show equity of €43k and a net result of €14k. Equity is growing by ~39.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2016 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2016 · tick = 2015
Profitability84▲+14
Solvency100=
Growth52▲+17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2016Solvency, return and age of the figures
Solvency
84%
Return on assets
28.1%
Age of the figures
117 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 25-07-2017, 6 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2016, full schema
Turnover
€135k▲ 20.2%
2015 · €112k
2013: €270k
2014: €126k
2015: €112k
2013 → 2016
EBIT margin
10.8%▲ 5.1pp
2015 · 5.7%
2013: 3.2%
2014: 5.2%
2015: 5.7%
2013 → 2016
Net result
€14k▲ 128%
2015 · €6k
2013: €8k
2014: €6k
2015: €6k
2013 → 2016
Working capital
€41k▲ 88.7%
2014 · €22k
2013: €15k
2014: €22k
2013 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2013201420152016Trend
Turnover€270k-€126k▼ 53.1%€112k▼ 11.4%€135k▲ 20.2%
Equity€16k-€22k▲ 40.3%€29k▲ 28.4%€43k▲ 50.3%
Operating result€9k-€7k▼ 24.8%€6k▼ 2.2%€15k▲ 128%
Net result€8k-€6k▼ 22.9%€6k▼ 1.3%€14k▲ 128%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2016; 2016 is 128% above 2015 and is the highest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €51k
Fixed assets
€2k ▲ 20.5%
Current assets
€50k ▲ 82.2%
Equity and liabilities €51k
Equity
€43k
Debt
€8k
Debt finances 16.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€16k▲
2015 · €8k
Cash flow
€16k▲
2015 · €8k
Current ratio
6.03
ROE
33.5%▲
2015 · 22.1%
ROA
28.1%▲
2015 · 22.1%
Debt ≤ 1 year
€8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2016 against 2015 · 22 lines
Balance sheet
Code20152016
Assets
Total assets20/58€29k€51k▲
Fixed assets21/28€2k€2k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€2k€2k▲
Current assets29/58€27k€50k▲
Amounts receivable within one year40/41€9k€11k▲
Cash at bank and in hand54/58€18k€39k▲
Equity and liabilities
Total equity and liabilities10/49€29k€51k▲
Equity10/15€29k€43k▲
Profit (loss) carried forward14€29k€43k▲
Amounts payable17/49-€8k
Amounts payable within one year42/48-€8k
Trade debts44-€5k
Income statement
Code20152016
Turnover70€112k€135k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Gross operating margin9900€8k€16k▲
Operating profit (loss)9901€6k€15k▲
Recurring financial income75€70€4▼
Recurring financial charges65€109€131▲
Profit (loss) for the period before taxes9903€6k€14k▲
Profit (loss) for the period9904€6k€14k▲
Profit (loss) for the period to be appropriated9905€6k€14k▲
Timeline · acts, filings and financial milestones
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Highest result since 2013net €14k ▲128%
Operating result €15k, net result €14k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
2015
31-12
Financial
Weakest financial yearnet €6k ▼1.3%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
24-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
15-01
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
24-01
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Elsene · 1 establishment unit since 2010
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.
Guillaume Gilbertlaan 1221050 ElseneGround area
3,153 m²
Building footprint
655 m²
Volume, LiDAR
8,883 m³
Parcel 21446D0030/00C015, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Guillaume Gilbertlaan 122, 1050 Elsene
since 20102.221.262.386
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0030/00C015 | Brussels | 3,153 m² | 1 · 655 m² | 18.2 m · 5 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.
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SQWARE
BE 0627.622.959
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BELGIUM BAR BLEND
BE 1006.300.566
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INDUMOTEC
BE 0417.281.231
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Of 4,571 companies in sector 82300 we hold annual accounts for 1,671. 1,260 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded22-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.