Checked.be
Active
BE 0700.300.606Private limited companyOpen bankruptcy
Trans MW
· 8 yrs active
Sector: NACE 53200
(53200)
Conclusion
A bankruptcy procedure is open for Trans MW according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-8k) and a net result of €19k.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €-8k |
| Net result | €19k |
| Better than sector | 17% |
| Active | 8 yrs |
Snowflake analysis
22
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
33
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
53 / 100
High riskComponents
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
Address struck
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-12-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 53 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -11.4% | 28.3% | |
| Net result | €19k | €6k | |
| Equity | €-8k | €17k | |
| Gross operating margin | €34k | €30k | |
| Staff costs | €6k | €36k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€4k
-
19-23
€26k
-
-81% vs sector
€19k
-
-58% vs sector
€23k
-
-79% vs sector
€67k
+40.8%
-90% vs sector
€-8k
+71.7%
far below sector median
€-34k
+28.3%
far below sector median
1
-
-96% vs sector
€6k
-65.8%
-97% vs sector
€74k
+0.1%
-85% vs sector
€57k
-23.5%
-85% vs sector
€18k
+353.9%
-87% vs sector
0.41
+11.0%
-69% vs sector
0.41
+11.0%
-69% vs sector
-11.4%
+79.9%
far below sector median
-9.76
-253.2%
far below sector median
-252.9%
-
far below sector median
28.9%
-
+254% vs sector
-92.7%
-
19-23
10.11
-
+14% vs sector
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €26k |
| Net profit | €19k |
| Cash flow | €23k |
| Staff costs | €6k |
| Income taxes | - |
| Dividends | - |
| Total assets | €67k |
| Equity | €-8k |
| Debt | €74k |
| of which ≤ 1y | €57k |
| of which > 1y | €18k |
| Working capital | €-34k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.41 |
| Quick ratio | 0.41 |
| Working capital ratio | -50.6% |
| Solvency | -11.4% |
| Debt / equity | -9.76 |
| Long-term debt ratio | -2.30 |
| Interest coverage | 10.11 |
| Gross margin | - |
| Net margin | - |
| ROA | 28.9% |
| ROE | -252.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €67k |
| Fixed assets | 21/28 | €44k |
| Tangible fixed assets | 22/27 | €37k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €23k |
| Amounts receivable within one year | 40/41 | €20k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €67k |
| Equity | 10/15 | €-8k |
| Contributions / capital | 10/11 | €11k |
| Accumulated profits (losses) | 14 | €-19k |
| Amounts payable | 17/49 | €74k |
| Amounts payable after one year | 17 | €18k |
| Amounts payable within one year | 42/48 | €57k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €34k |
| Operating result | 9901 | €22k |
| Financial income | 75 | €167 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €19k |
| Net result for the period | 9904 | €19k |
| Result to be appropriated | 9905 | €19k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
18-12-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | 53200 |
| Legal form | Private limited company(610) |
| Incorporation | 20-07-2018 |
| Status | Active |
| Postal code | - |
| First BS signal | 29-12-2025 |
| Latest BS signal | 29-12-2025 |
Company structure, linked entities
Mandates
Establishment units
Trans MW
since 20182.278.467.840
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0137/00E000 | Flanders | 4,658 m² | 1 · 403 m² | 9.5 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
29-12-2025
Bankruptcy
Opening
22-12-2025
KBO administration
Address struck
2024
31-12-2024
NBB filing
Annual accounts filed
2023
30-11-2023
State Gazette act
Director changes
18-07-2023
NBB filing
Annual accounts filed
2022
09-07-2022
NBB filing
Annual accounts filed
2021
06-07-2021
NBB filing
Annual accounts filed
2020
18-07-2020
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
29-12-2025
Bankruptcy
Opening
22-12-2025
KBO administration
Address struck
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2023
30-11-2023 Change in the board of directors
Notary:
Xavier De Maesschalck · Oostende
Technical details
{
"events": [],
"notary": {
"name": "Xavier De Maesschalck",
"firm_city": null,
"firm_name": null,
"office_city": "Oostende",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-11-30",
"filing_date": "2023-11-28",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-11-28",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-28",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-28",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-28",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-28",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-11-28",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0700.300.606",
"name_full": "TRANS MW",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Xavier De Maesschalck",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"Expeditie van de akte",
"volmacht",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}Credit advice
AI due-diligence brief
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Company registry (CBE)
Activities
Overige posterijen en koeriers53200Overige posterijen en koeriers53200
Primary activity highlighted.
Names & trade names
| Legal nameNL | Trans MW |
Registration history
- 22-12-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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