Transbel

Active

Private limited companyfounded 1963active for 62 yearsRue d'Houffalize 60, 6670 Gouvy, BelgiumKBO/BCE: BE 0406.053.084

Summary

The computed 12-month bankruptcy probability of Transbel is 2.2% (moderate). The 2024 annual accounts show negative equity (-€24,082) and a net result of -€15,393. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 6,609 sector peers (NACE 49, financial year 2024). The company has been active since 1963 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

TransbelActiveChecked score 51/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410Retail sale of solid, liquid and gaseous fuels, excluding motor fuels NACE 47781

Oldest company in the province of Luxembourg, Transport and storage sector1 site

Size

€0turnover 2024

Staff: 1 FTE
Equity: -€24,082
Loss: -€15,393

Financial health

51 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.2%

Structure

Marie MARCHALDirector
René MARCHALDirector

2025 accounts not filed, 90 days past the deadline1 of 2 deeds summarised

Why 51raises riskSector: Land transport and transport via pipelines (NACE 49)Negative equity -€24,082lowers riskFounded in 1963Size: turnover €0, total assets €262,700Show the evidence

Checked score

Score 2024

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 11% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 16-6

equity -9.2% of total assets

Liquidity 16-1

short-term debt 109.0% · cash 13.0%

Profitability 11=

return on assets -5.9%

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)

Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.5%▼ -0.1 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025lowest value 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 2.1%▲ +0.4 percentage points vs 07-2025 09-2025: 2.1%● unchanged vs 08-2025 10-2025: 2.0%▼ -0.1 percentage points vs 09-2025 11-2025: 1.6%▼ -0.4 percentage points vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.5 percentage points vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026highest value 10-2026: 2.2%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.91, compared with 0.94 in 2023, below 1; short-term debt: 109% and cash: 13% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 12% on solvency, 14% on liquidity, 15% on profitability and 4% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Founded in 1963

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Size: turnover €0, total assets €262,700

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Negative equity -€24,082

NBB · annual accounts

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year -€24,082

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline29-10-2026 today

2024 accounts filed 61 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

61 days late

2023

61 days late

2022

66 days late

2021

179 days late

2020

90 days late

2019

67 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 87 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-09-2025 Annual accounts filedfinancial year 2024 · micro…
30-09-2024 Annual accounts filedfinancial year 2023 · micro…
21-11-2023 Resignations: René MARCHAL (manager) and Marie…Appointments: René MARCHAL (director) and…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€24,082 View
Risk: 3 loss-making years in a rowloss financial year 2024 -€15,393 View
Caution: Among the weakest 7% on equitysector median €34,008 · 6,618 companies -€24,082 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 90 days past the deadline View
Active since 1963founded 08-11-1963 62 years View

By topic

Financials

Financial year: 2024
Turnover: €0
Loss: -€15,393
Solvency: -9.2%

Turnover

Net result

20192024

Go to Financials

Board & ownership

Board: 2 members

Marie MARCHALDirector
René MARCHALDirector

Go to Board & ownership

Timeline

Events: 49
Since: 1978

05-10-2023Annual accounts filed
26-01-2023Annual accounts filed
31-12-2022Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Freight transport by roadNACE 49410
Founded: 08-11-1963
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Annual meeting: Last Friday of June
Purpose: “L'exploitation de transport de biens et choses,de tous moyens matériels,par terre,eau et…” (deed in French)

Go to Articles of association

Key facts about Transbel

What is the company number of Transbel?: 0406.053.084. In Belgium the VAT number is the company number with BE in front: BE 0406.053.084.
Where is Transbel based?: The registered office is at Rue d'Houffalize 60, 6670 Gouvy.Company details
What does Transbel do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Transbel?: Private limited company (BV).
When was Transbel founded?: On 08-11-1963.
Is Transbel still active?: Yes, Transbel is an active enterprise in the KBO register.
How many employees does Transbel have?: On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Transbel?: €0 in financial year 2024, according to the filed annual accounts.
Is Transbel profitable?: In financial year 2024, Transbel made a loss of €15,393.
Where can I find the annual accounts of Transbel?: Transbel filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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Overview