Summary
TRANSA/ASP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.9m and a net result of €458,157. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 5593 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 29-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
5 d early
2023
6 d early
2022
5 d early
2021
3 d early
2020
88 d early
2019
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today30-12-2026 close30-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€9.9m▲ 4.8%
2024 · €9.5m
Net result
€458,157▲ 23.8%
2024 · €370,112
Total assets
€10.0m▲ 4.6%
2024 · €9.5m
Solvency
99.5%▲ 0.2pp
2024 · 99.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€57,993▼ 27.2%€5,299-€6,196-€73,265▼ 1,083%-€98,051▼ 33.8%
Net result-€805,560below the sector's middle half€129,641within the sector's middle half€343,926above the sector's middle half▲ 165%€370,112above the sector's middle half▲ 7.6%€458,157above the sector's middle half▲ 23.8%
Equity€8.6mabove the sector's middle half▼ 8.6%€8.7mabove the sector's middle half▲ 1.5%€9.1mabove the sector's middle half▲ 3.9%€9.5mabove the sector's middle half▲ 4.1%€9.9mabove the sector's middle half▲ 4.8%
Total assets€8.7mabove the sector's middle half▼ 8.8%€8.9mabove the sector's middle half▲ 2.4%€9.2mabove the sector's middle half▲ 3.3%€9.5mabove the sector's middle half▲ 4.1%€10.0mabove the sector's middle half▲ 4.6%
Debt€39,301▼ 45.5%€120,671▲ 207%€65,826▼ 45.4%€70,481▲ 7.1%€54,327▼ 22.9%
Working capital€4.9mabove the sector's middle half▼ 13.7%€5.1mabove the sector's middle half▲ 2.8%€5.4mabove the sector's middle half▲ 5.4%€5.6mabove the sector's middle half▲ 3.9%€5.7mabove the sector's middle half▲ 3.1%
Solvency99.5%above the sector's middle half▲ 0.3pp98.6%above the sector's middle half▼ 0.9pp99.3%above the sector's middle half▲ 0.6pp99.3%above the sector's middle half=99.5%above the sector's middle half▲ 0.2pp
Current ratio67.82above the sector's middle half88.22above the sector's middle half▲ 20.40
Return on assets (ROA)-9.3%below the sector's middle half▼ 10.0pp1.5%within the sector's middle half▲ 10.8pp3.8%within the sector's middle half▲ 2.3pp3.9%within the sector's middle half▲ 0.1pp4.6%within the sector's middle half▲ 0.7pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €98,051 in 2025 against €73,265 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.0m
Fixed assets
€4.2m ▲ 6.6%
Current assets
€5.8m ▲ 3.2%
Equity and liabilities €10.0m
Equity
€9.9m ▲ 4.8%
Debt
€54,327 ▼ 22.9%
Debt's share of the balance-sheet total falls from 0.7% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
4.6%▲
2024 · 3.9%
Debt ≤ 1 year
€54,327▲
2024 · €45,573
Income taxes
€51,399▼
2024 · €89,487
A ratio outside any meaningful range has been withheld (balance sheet total €10.0m, equity €9.9m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €24,572 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,562 | €3,131 | €557 | €18,879 | €76,443 | ▲ 305% |
| Other operating charges640/8 | €65,660 | €980 | €1,225 | €1,094 | €1,126 | ▲ 3.0% |
| Gross operating margin9900 | €23,229 | €9,410 | -€4,414 | -€53,292 | -€20,482 | ▲ 61.6% |
| Operating profit (loss)9901 | -€57,993 | €5,299 | -€6,196 | -€73,265 | -€98,051 | ▼ 33.8% |
| Financial income75/76B | €132,452 | €1.0m | €454,989 | €537,283 | €725,559 | ▲ 35.0% |
| Recurring financial income75 | €132,452 | €191,990 | €454,989 | €537,283 | €725,559 | ▲ 35.0% |
| Non-recurring financial income76B | - | €855,987 | €0 | - | - | - |
| Financial charges65/66B | €866,124 | €862,173 | €12,444 | €4,418 | €117,953 | ▲ 2,570% |
| Recurring financial charges65 | €10,137 | €6,186 | €12,444 | €4,418 | €117,953 | ▲ 2,570% |
| Non-recurring financial charges66B | €855,987 | €855,987 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€791,664 | €191,102 | €436,349 | €459,599 | €509,556 | ▲ 10.9% |
| Income taxes67/77 | €13,896 | €61,462 | €92,422 | €89,487 | €51,399 | ▼ 42.6% |
| Profit (loss) for the period9904 | -€805,560 | €129,641 | €343,926 | €370,112 | €458,157 | ▲ 23.8% |
| Profit (loss) for the period to be appropriated9905 | -€805,560 | €129,641 | €343,926 | €370,112 | €458,157 | ▲ 23.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.7m | €8.9m | €9.2m | €9.5m | €10.0m | ▲ 4.6% |
| Fixed assets21/28 | €3.7m | €3.7m | €3.7m | €3.9m | €4.2m | ▲ 6.6% |
| Intangible fixed assets21 | - | - | €30,705 | €210,034 | €466,670 | ▲ 122% |
| Tangible fixed assets22/27 | €3,131 | €0 | - | €1,952 | €5,439 | ▲ 179% |
| Plant, machinery and equipment23 | - | - | - | - | €2,440 | - |
| Furniture and vehicles24 | €3,131 | €0 | - | €1,952 | €2,999 | ▲ 53.7% |
| Financial fixed assets28 | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Current assets29/58 | €5.0m | €5.2m | €5.4m | €5.6m | €5.8m | ▲ 3.2% |
| Amounts receivable after more than one year29 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Other amounts receivable291 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Amounts receivable within one year40/41 | €1.4m | €1.4m | €2.1m | €2.4m | €3.1m | ▲ 26.3% |
| Trade receivables40 | €18,150 | €0 | €19,825 | €59,486 | €23,878 | ▼ 59.9% |
| Other amounts receivable41 | €1.4m | €1.4m | €2.1m | €2.4m | €3.0m | ▲ 28.5% |
| Current investments50/53 | - | €1.2m | €1.2m | €705,668 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1.5m | €435,496 | €42,202 | €377,157 | €629,875 | ▲ 67.0% |
| Deferred charges and accrued income490/1 | €87,781 | €100,555 | €87,781 | €92,367 | €87,781 | ▼ 5.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.7m | €8.9m | €9.2m | €9.5m | €10.0m | ▲ 4.6% |
| Equity10/15 | €8.6m | €8.7m | €9.1m | €9.5m | €9.9m | ▲ 4.8% |
| Contributions10/11 | €404,400 | €404,400 | €404,400 | €404,400 | €404,400 | = |
| Reserves13 | €1.0m | €1.2m | €1.5m | €1.9m | €2.4m | ▲ 24.2% |
| Non-distributable reserves130/1 | €40,440 | €40,440 | €40,440 | €40,440 | €40,440 | = |
| Reserves not available under the articles1311 | €40,440 | €40,440 | €40,440 | €40,440 | €40,440 | = |
| Distributable reserves133 | €1.0m | €1.1m | €1.5m | €1.9m | €2.3m | ▲ 24.7% |
| Profit (loss) carried forward14 | €7.2m | €7.2m | €7.2m | €7.2m | €7.2m | = |
| Amounts payable17/49 | €39,301 | €120,671 | €65,826 | €70,481 | €54,327 | ▼ 22.9% |
| Amounts payable within one year42/48 | €39,301 | €76,008 | €61,360 | €45,573 | €54,327 | ▲ 19.2% |
| Trade debts44 | €29,101 | €15,575 | €42,434 | €5,337 | €39,408 | ▲ 638% |
| Suppliers440/4 | €29,101 | €15,575 | €42,434 | €5,337 | €39,408 | ▲ 638% |
| Taxes, remuneration and social security45 | €1,178 | €21,029 | €18,926 | €40,236 | €14,919 | ▼ 62.9% |
| Taxes450/3 | €1,178 | €21,029 | €18,926 | €40,236 | €14,919 | ▼ 62.9% |
| Other amounts payable47/48 | €9,022 | €39,403 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €44,663 | €4,466 | €24,908 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€805,560 | €129,641 | €343,926 | €370,112 | €458,157 | ▲ 23.8% |
| + Depreciation and write-downs630 | €15,562 | €3,131 | €557 | €18,879 | €76,443 | ▲ 305% |
| Operating cash flow (approximation) | -€789,998 | €132,772 | €344,483 | €388,991 | €534,600 | ▲ 37.4% |
| Investment in fixed assets (approximation) | - | -€37,254 | -€31,262 | -€200,160 | -€336,567 | ▼ 68.1% |
| Change in cash | - | -€1.1m | -€393,294 | €334,955 | €252,719 | ▼ 24.6% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-12
Financial
Back to profitnet €129,641
Net result €129,641 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-12
Financial
Weakest financial yearnet -€805,560
Net result drops to -€805,560, the lowest in the series; recovery starts the following year.
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-12
Financial
Liquidity quadruplescurrent ratio 80.36
Current ratio from 18.75 to 80.36; short-term debt falls from €317,547 to €72,134.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-12
Financial
Highest result since 2018net €5.7m ▲3,597%
Net result €5.7m, the highest in the series.
30-12
Financial
Liquidity times 15current ratio 18.75
Current ratio from 1.22 to 18.75; short-term debt falls from €1.6m to €317,547.
Show earlier events
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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
4 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, Izegem · 1 establishment unit since 2001
Ground area
1.8 ha
Building footprint
5,341 m²
Volume, LiDAR
32,682 m³
2 parcels, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TRANSA-ASP
since 20012.116.732.515
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0115/00E003 | Flanders | 1.3 ha | 1 · 4,725 m² | 14.2 m · 3 fl. |
| 36494D0115/00D003 | Flanders | 5,227 m² | 1 · 616 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-12-2025 of TRANSA/ASP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
699400ZHNWNWM5RX1Z55
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 6,081 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
Founded27-09-2001
Fiscal year end30-12
Activities, NACEBEL 2025
64210Activities of holding companies
30120Manufacture of other transport equipment
33150Repair, maintenance and installation of machinery and equipment
46140Agents in the wholesale of industrial machinery, ships and aircraft
70100Activities of head offices
71112Activities of interior architects
73300Public relations and communication consultancy
77340Rental and leasing activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475684832
Also
9925:BE0475684832
Registered
17-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.