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Transbel

Active
Private limited companyfounded 197056 yrs activePriester Coulonstraat 108, 8930 Menen, BelgiumKBO/BCE: BE 0407.255.290
Summary

Transbel has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €429,779 and a net result of -€26,089. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 90% of 5349 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
TransbelActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410NACE 60242
#2 oldest company in Menen, Transport and storage sector1 site
Size
€506,906total assets 2025
Staff
3 FTE
Equity
€429,779
Loss
-€26,089
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 32 d early0 of 2 deeds read
Why 93- Sector Land transport and transport via pipelines (NACE 49)- Loss of €26,089, the second in a row (FY 2025)+ Founded in 1970+ Liquidity: current ratio 4.93, cash €112,334Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 59% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 84.8% of total assets
Liquidity 75-5
short-term debt 15.0% · cash 22.2%
Profitability 62=
return on assets -5.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (8,991 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -3.2% vs 12-2024 02-2025: 0.1%▼ -8.3% vs 01-2025lowest value 03-2025: 0.1%● 0.0% vs 02-2025lowest value 04-2025: 0.1%▲ +9.1% vs 03-2025 05-2025: 0.1%▲ +1.7% vs 04-2025 06-2025: 0.1%▲ +1.6% vs 05-2025 07-2025: 0.1%▲ +27.4% vs 06-2025 08-2025: 0.1%▲ +58.2% vs 07-2025 09-2025: 0.2%▲ +31.2% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -3.0% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%● 0.0% vs 02-2026 04-2026: 0.2%▲ +10.1% vs 03-2026 05-2026: 0.2%▲ +0.6% vs 04-2026highest value 06-2026: 0.2%● 0.0% vs 05-2026highest value 07-2026: 0.1%▼ -24.4% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Loss of €26,089, the second in a row (FY 2025) raises the probability
  • Founded in 1970 lowers the probability for this profile
  • Liquidity: current ratio 4.93, cash €112,334 lowers the probability
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 4.93 against 6.49 in 2024; short-term debt: 15% and cash: 22.2% of total assets), and 15.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 92%, liquidity 80%, profitability 34%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Loss of €26,089, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1970
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 4.93, cash €112,334
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€26,089
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
25 d late
2023
7 d early
2022
18 d late
2021
18 d late
2020
19 d late
2019
87 d late
← 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 after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed 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 18 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€26,371

Key points

  • Caution: Among the weakest 7% on net resultsector median €5,747 · 5,323 companies -€26,089 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€26,089 View
  • Active since 1970founded 03-09-1970 56 years View

By topic

Financials

Fiscal year
2025
Total assets
€506,906
Loss
-€26,089
Solvency
84.8%
Total assets▼ 1.8%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 29-06-2026Annual accounts filed
  2. 25-08-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
03-09-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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