Trans4Benelux
BankruptcySummary
The KBO register records for Trans4Benelux the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-28k) and a net result of €-3k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
38 d late
2021
115 d late
2020
206 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-28k▼ 13.9%
2022 · €-24k
2018: €7khighest in 6 years
2019: €4k▼ -36.5% vs 2018
2020: €-55k▼ -1409% vs 2019lowest in 6 years
2021: €3k▲ +105% vs 2020
2022: €-24k▼ -915% vs 2021
2023: €-28k▼ -13.9% vs 2022
2018 → 2023
Total assets
€67k▼ 42.3%
2022 · €116k
2018: €157k
2019: €170k▲ +8.4% vs 2018
2020: €89k▼ -48.0% vs 2019
2021: €180k▲ +103% vs 2020highest in 6 years
2022: €116k▼ -35.6% vs 2021
2023: €67k▼ -42.3% vs 2022lowest in 6 years
2018 → 2023
Net result
€-3k▲ 87.6%
2022 · €-27k
2018: €-257
2019: €-2k▼ -848% vs 2018
2020: €-60k▼ -2349% vs 2019lowest in 6 years
2021: €58k▲ +198% vs 2020highest in 6 years
2022: €-27k▼ -147% vs 2021
2023: €-3k▲ +87.6% vs 2022
2018 → 2023
Working capital
€-32k▼ 5.2%
2022 · €-31k
2018: €-7k
2019: €-8k▼ -9.8% vs 2018
2020: €-65k▼ -762% vs 2019lowest in 6 years
2021: €90k▲ +237% vs 2020highest in 6 years
2022: €-31k▼ -134% vs 2021
2023: €-32k▼ -5.2% vs 2022
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€4k-€-55k€3k€-24k€-28k▼ 13.9%
2019: €4khighest in 5 years
2020: €-55k▼ -1409% vs 2019lowest in 5 years
2021: €3k▲ +105% vs 2020
2022: €-24k▼ -915% vs 2021
2023: €-28k▼ -13.9% vs 2022
Operating result€-879-€-59k▼ 6,655%€-13k▲ 78.7%€-23k▼ 78.4%€-2k▲ 91.1%
2019: €-879highest in 5 years
2020: €-59k▼ -6655% vs 2019lowest in 5 years
2021: €-13k▲ +78.7% vs 2020
2022: €-23k▼ -78.4% vs 2021
2023: €-2k▲ +91.1% vs 2022
Net result€-2k-€-60k▼ 2,349%€58k€-27k€-3k▲ 87.6%
2019: €-2k
2020: €-60k▼ -2349% vs 2019lowest in 5 years
2021: €58k▲ +198% vs 2020highest in 5 years
2022: €-27k▼ -147% vs 2021
2023: €-3k▲ +87.6% vs 2022
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2023 against €23k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €67k
Fixed assets
€5k ▼ 26.8%
Current assets
€62k ▼ 43.2%
Key figures and ratios
EBITDA
€-258▲
2022 · €-21k
Cash flow
€-2k▲
2022 · €-25k
Solvency
-41.4%▼
2022 · -21.0%
Current ratio
0.66▼
2022 · 0.78
Debt to equity
-3.42▲
2022 · -5.77
ROA
-5.0%▲
2022 · -23.5%
Interest coverage
-0.20▲
2022 · -25.54
Debt
€95k▼
2022 · €140k
Debt ≤ 1 year
€95k▼
2022 · €140k
Income taxes
€163▼
2022 · €4k
Staff costs
€319k▲
2022 · €265k
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 · 2023 against 2022 · 40 lines
Balance sheet
Code20222023
Assets
Total assets20/58€116k€67k▼
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Furniture and vehicles24€625€457▼
Other tangible fixed assets26€6k€4k▼
Current assets29/58€109k€62k▼
Amounts receivable within one year40/41€95k€42k▼
Trade receivables40€93k€41k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€12k€18k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€116k€67k▼
Equity10/15€-24k€-28k▼
Contributions10/11€6k€6k=
Reserves13€469€469=
Non-distributable reserves130/1€469€469=
Reserves not available under the articles1311€469€469=
Profit (loss) carried forward14€-31k€-34k▼
Amounts payable17/49€140k€95k▼
Amounts payable within one year42/48€140k€95k▼
Trade debts44€89k€38k▼
Suppliers440/4€89k€38k▼
Taxes, remuneration and social security45€51k€57k▲
Taxes450/3€105€86▼
Remuneration and social security454/9€51k€57k▲
Income statement
Code20222023
Remuneration, social security and pensions62€265k€319k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€524€560▲
Gross operating margin9900€244k€319k▲
Operating profit (loss)9901€-23k€-2k▲
Financial income75/76B€167€85▼
Recurring financial income75€167€85▼
Financial charges65/66B€814€1k▲
Recurring financial charges65€814€1k▲
Profit (loss) for the period before taxes9903€-23k€-3k▲
Income taxes67/77€4k€163▼
Profit (loss) for the period9904€-27k€-3k▲
Profit (loss) for the period to be appropriated9905€-27k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-34k▼
Profit (loss) brought forward from the previous period14P€-4k€-31k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €253k | €265k | €319k | ▲ 20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €2k | = |
| Other operating charges640/8 | - | - | €348 | €524 | €560 | ▲ 7.1% |
| Gross operating margin9900 | €271k | €215k | €243k | €244k | €319k | ▲ 30.4% |
| Operating profit (loss)9901 | €-879 | €-59k | €-13k | €-23k | €-2k | ▲ 91.1% |
| Financial income75/76B | - | - | €72k | €167 | €85 | ▼ 49.3% |
| Recurring financial income75 | - | - | €72k | €167 | €85 | ▼ 49.3% |
| Non-recurring financial income76B | - | - | €72k | - | - | - |
| Financial charges65/66B | - | - | €509 | €814 | €1k | ▲ 57.0% |
| Recurring financial charges65 | €334 | €267 | €509 | €814 | €1k | ▲ 57.0% |
| Profit (loss) for the period before taxes9903 | €-1k | €-60k | €58k | €-23k | €-3k | ▲ 86.2% |
| Income taxes67/77 | €1k | - | - | €4k | €163 | ▼ 96.0% |
| Profit (loss) for the period9904 | €-2k | €-60k | €58k | €-27k | €-3k | ▲ 87.6% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-60k | €58k | €-27k | €-3k | ▲ 87.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €170k | €89k | €180k | €116k | €67k | ▼ 42.3% |
| Fixed assets21/28 | €12k | €10k | €8k | €7k | €5k | ▼ 26.8% |
| Tangible fixed assets22/27 | €12k | €10k | €8k | €7k | €5k | ▼ 26.8% |
| Furniture and vehicles24 | - | - | €793 | €625 | €457 | ▼ 26.8% |
| Other tangible fixed assets26 | - | - | €8k | €6k | €4k | ▼ 26.8% |
| Current assets29/58 | €159k | €79k | €172k | €109k | €62k | ▼ 43.2% |
| Amounts receivable within one year40/41 | €156k | €27k | €126k | €95k | €42k | ▼ 55.6% |
| Trade receivables40 | - | - | €123k | €93k | €41k | ▼ 55.9% |
| Other amounts receivable41 | - | - | €4k | €3k | €2k | ▼ 46.3% |
| Cash at bank and in hand54/58 | €2k | €51k | €44k | €12k | €18k | ▲ 45.0% |
| Deferred charges and accrued income490/1 | - | - | €2k | €2k | €2k | ▲ 20.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €170k | €89k | €180k | €116k | €67k | ▼ 42.3% |
| Equity10/15 | €4k | €-55k | €3k | €-24k | €-28k | ▼ 13.9% |
| Contributions10/11 | €6k | - | €6k | €6k | €6k | = |
| Reserves13 | €469 | €469 | €469 | €469 | €469 | = |
| Non-distributable reserves130/1 | - | - | €469 | €469 | €469 | = |
| Reserves not available under the articles1311 | - | - | €469 | €469 | €469 | = |
| Profit (loss) carried forward14 | €-2k | €-62k | €-4k | €-31k | €-34k | ▼ 10.9% |
| Amounts payable17/49 | €166k | €144k | €177k | €140k | €95k | ▼ 32.5% |
| Amounts payable within one year42/48 | €166k | €144k | €82k | €140k | €95k | ▼ 32.5% |
| Trade debts44 | €115k | €89k | €35k | €89k | €38k | ▼ 57.6% |
| Suppliers440/4 | - | - | €35k | €89k | €38k | ▼ 57.6% |
| Taxes, remuneration and social security45 | - | - | €47k | €51k | €57k | ▲ 11.5% |
| Taxes450/3 | - | - | - | €105 | €86 | ▼ 17.6% |
| Remuneration and social security454/9 | - | - | €47k | €51k | €57k | ▲ 11.6% |
| Accrued charges and deferred income492/3 | - | - | €95k | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-60k | €58k | €-27k | €-3k | ▲ 87.6% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €2k | = |
| Operating cash flow (approximation) | €-677 | €-58k | €60k | €-25k | €-2k | ▲ 93.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €49k | €-7k | €-31k | €5k | ▲ 117% |
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
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 206 days late
2021
31-12
Financial
Back to profitnet €58k
Net result €58k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.09
Current ratio from 0.55 to 2.09; short-term debt falls from €144k to €82k.
2020
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mouscron · 1 establishment unit since 2016
Ground area
1.3 ha
Building footprint
780 m²
Parcel 54436A0737/00L000, Wallonia. Linked by address, not a title deed.
41
companies at this address
See who is registered here
1 establishment unit
Trans4Benelux
since 20162.259.270.352
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54436A0737/00L000 | Wallonia | 1.3 ha | 1 · 780 m² | - |
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.
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Of 4,530 companies in sector 74301 we hold annual accounts for 720. 208 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 (pre-2019)
Founded23-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
Scores and ratios are computed by Checked and are not a credit decision.