TRANS TRADE
ActiveSummary
TRANS TRADE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €234,864 and a net result of €65,693. Equity is growing by ~10.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+53
Solvency100▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 10.63 against 2.51 in 2024; short-term debt: 8.2% and cash: 87% of total assets), and 8.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
91.8%
Return on assets
25.7%
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 14-01-2026, 198 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
198 d early
2024
31 d early
2023
26 d early
2022
52 d early
2021
18 d late
2020
24 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 42 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€234,864▲ 38.8%
2024 · €169,172
Total assets
€255,813▼ 1.7%
2024 · €260,171
Net result
€65,693▲ 550%
2024 · €10,105
Working capital
€201,668▲ 47.0%
2024 · €137,167
Trend over the years
In euros
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,366▼ 37.3%-€1,945€31,533€35,934▲ 14.0%€92,637▲ 158%
Net result€8,724▼ 50.1%-€5,908€12,045€10,105▼ 16.1%€65,693▲ 550%
Equity€152,929▲ 6.0%€147,021▼ 3.9%€159,066▲ 8.2%€169,172▲ 6.4%€234,864▲ 38.8%
Total assets€166,764▼ 2.6%€379,527▲ 128%€661,422▲ 74.3%€260,171▼ 60.7%€255,813▼ 1.7%
Debt€13,835▼ 48.9%€232,506▲ 1,581%€502,356▲ 116%€90,999▼ 81.9%€20,949▼ 77.0%
Working capital€121,174▲ 0.2%€343,026▲ 183%€619,311▲ 80.5%€137,167▼ 77.9%€201,668▲ 47.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 158% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255,813
Fixed assets
€33,196 ▲ 3.7%
Current assets
€222,617 ▼ 2.4%
Equity and liabilities €255,813
Equity
€234,864 ▲ 38.8%
Debt
€20,949 ▼ 77.0%
Debt's share of the balance-sheet total falls from 35.0% to 8.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€92,824
Cash flow
€65,881
Current ratio
10.63▲
2024 · 2.51
Debt to equity
0.09▼
2024 · 0.54
ROE
28.0%▲
2024 · 6.0%
ROA
25.7%▲
2024 · 3.9%
Interest coverage
207.84
Debt ≤ 1 year
€20,949▼
2024 · €90,999
Income taxes
€26,497▲
2024 · €5,188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €188 | - |
| Other operating charges640/8 | €1,522 | €67 | €216 | €4,979 | €120 | ▼ 97.6% |
| Gross operating margin9900 | €20,888 | -€1,878 | €31,749 | €40,913 | €92,944 | ▲ 127% |
| Operating profit (loss)9901 | €19,366 | -€1,945 | €31,533 | €35,934 | €92,637 | ▲ 158% |
| Financial income75/76B | - | - | €1,297 | €0 | - | - |
| Recurring financial income75 | - | - | €1,297 | €0 | - | - |
| Financial charges65/66B | €6,221 | €3,963 | €16,772 | €20,640 | €447 | ▼ 97.8% |
| Recurring financial charges65 | €6,221 | €3,963 | €16,772 | €20,640 | €447 | ▼ 97.8% |
| Profit (loss) for the period before taxes9903 | €13,145 | -€5,908 | €16,058 | €15,294 | €92,190 | ▲ 503% |
| Income taxes67/77 | €4,421 | - | €4,013 | €5,188 | €26,497 | ▲ 411% |
| Profit (loss) for the period9904 | €8,724 | -€5,908 | €12,045 | €10,105 | €65,693 | ▲ 550% |
| Profit (loss) for the period to be appropriated9905 | €8,724 | -€5,908 | €12,045 | €10,105 | €65,693 | ▲ 550% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €166,764 | €379,527 | €661,422 | €260,171 | €255,813 | ▼ 1.7% |
| Fixed assets21/28 | €32,005 | €32,005 | €32,005 | €32,005 | €33,196 | ▲ 3.7% |
| Tangible fixed assets22/27 | €32,005 | €32,005 | €32,005 | €32,005 | €33,196 | ▲ 3.7% |
| Land and buildings22 | €32,005 | €32,005 | €32,005 | €32,005 | €32,005 | = |
| Furniture and vehicles24 | - | - | - | - | €1,191 | - |
| Current assets29/58 | €134,759 | €347,522 | €629,417 | €228,166 | €222,617 | ▼ 2.4% |
| Stocks and contracts in progress3 | €26,900 | €342,588 | €615,628 | €228,016 | €0 | ▼ 100% |
| Stocks30/36 | €26,900 | €342,588 | €615,628 | €228,016 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €107,859 | €4,934 | €13,789 | €150 | €222,617 | ▲ 148,341% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €166,764 | €379,527 | €661,422 | €260,171 | €255,813 | ▼ 1.7% |
| Equity10/15 | €152,929 | €147,021 | €159,066 | €169,172 | €234,864 | ▲ 38.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | €6,200 | - | - | - |
| Issued capital100 | €18,600 | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | €12,400 | - | - | - |
| Reserves13 | €28,084 | €28,084 | €40,129 | €50,234 | €115,927 | ▲ 131% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €26,224 | €26,224 | €38,269 | €50,234 | €115,927 | ▲ 131% |
| Profit (loss) carried forward14 | €118,645 | €112,737 | €112,737 | €112,737 | €112,737 | = |
| Amounts payable17/49 | €13,835 | €232,506 | €502,356 | €90,999 | €20,949 | ▼ 77.0% |
| Amounts payable after more than one year17 | €250 | €228,010 | €492,250 | €0 | - | - |
| Financial debts170/4 | - | €227,760 | €492,000 | €0 | - | - |
| Other amounts payable178/9 | €250 | €250 | €250 | €0 | - | - |
| Amounts payable within one year42/48 | €13,585 | €4,496 | €10,106 | €90,999 | €20,949 | ▼ 77.0% |
| Trade debts44 | €247 | - | €299 | €0 | - | - |
| Suppliers440/4 | €247 | - | €299 | €0 | - | - |
| Taxes, remuneration and social security45 | €13,263 | €4,421 | €4,013 | €9,201 | €20,699 | ▲ 125% |
| Taxes450/3 | €13,263 | €4,421 | €4,013 | €9,201 | €20,699 | ▲ 125% |
| Other amounts payable47/48 | €75 | €75 | €5,794 | €81,798 | €250 | ▼ 99.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,724 | -€5,908 | €12,045 | €10,105 | €65,693 | ▲ 550% |
| + Depreciation and write-downs630 | - | - | - | - | €188 | - |
| Operating cash flow (approximation) | €8,724 | -€5,908 | €12,045 | €10,105 | €65,881 | ▲ 552% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,379 | - |
| Change in cash | - | -€102,925 | €8,855 | -€13,639 | €222,467 | ▲ 1,731% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €65,693 ▲550%
Operating result €92,637, net result €65,693, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 10.63
Current ratio from 2.51 to 10.63; short-term debt falls from €90,999 to €20,949.
31-12
Financial
Equity above €200,000Eq €234,864 ▲38.8%
3 profitable years in a row build equity to €234,864.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12,045
Net result €12,045 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €159,066 ▲8.2%
Equity rises from €147,021 to €159,066.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 8current ratio 77.30
Current ratio from 9.92 to 77.30; short-term debt falls from €13,585 to €4,496.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Equity above €150,000Eq €152,929 ▲6%
3 profitable years in a row build equity to €152,929.
Show earlier events
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Back to profitnet €59,381
Net result €59,381 after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 106.50
Current ratio from 16.23 to 106.50; short-term debt falls from €48,671 to €900.
31-12
Financial
Equity above €100,000Eq €126,705 ▲88.2%
Equity rises from €67,324 to €126,705.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2002
Ground area
265 m²
Building footprint
115 m²
Volume, LiDAR
931 m³
Parcel 11303B0510/00V005, Flanders · tallest building 11.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kemmelbergstraat 38, 2600 Antwerpen
since 20022.101.809.658
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0510/00V005 | Flanders | 265 m² | 1 · 115 m² | 11.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company
Founded12-03-2002
Fiscal year end31-12
Abbreviation NL
T.T.
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477064410
Also
9925:BE0477064410
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.