TRANSCAR
ActiveSummary
TRANSCAR has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €701,427 and a net result of €195,931. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 4709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 9.7 against 9.34 in 2024; short-term debt: 10.2% and cash: 90.1% of total assets), and 10.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
89.8%
Return on assets
25.1%
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
45 d early
2023
36 d early
2022
36 d early
2021
32 d early
2020
30 d early
2019
24 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 37 days before 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 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Seraing, Transport and storage sector#4 company by equity in Seraing, Transport and storage sector#8 company by total assets in Seraing, Transport and storage sector
Equity
€701,427▲ 38.8%
2024 · €505,496
Total assets
€781,343▲ 38.1%
2024 · €565,789
Net result
€195,931▼ 16.0%
2024 · €233,196
Working capital
€694,962▲ 38.1%
2024 · €503,123
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Operating result€17,621€20,857▲ 18.4%€88,929▲ 326%€233,851▲ 163%€218,898▼ 6.4%
Net result€13,690within the sector's middle half€16,860within the sector's middle half▲ 23.2%€84,300above the sector's middle half▲ 400%€233,196above the sector's middle half▲ 177%€195,931above the sector's middle half▼ 16.0%
Equity€171,139above the sector's middle half▲ 8.7%€187,999above the sector's middle half▲ 9.9%€272,299above the sector's middle half▲ 44.8%€505,496above the sector's middle half▲ 85.6%€701,427above the sector's middle half▲ 38.8%
Total assets€293,343above the sector's middle half▼ 1.3%€280,257above the sector's middle half▼ 4.5%€296,433above the sector's middle half▲ 5.8%€565,789above the sector's middle half▲ 90.9%€781,343above the sector's middle half▲ 38.1%
Debt€122,204▼ 12.6%€92,257▼ 24.5%€24,133▼ 73.8%€60,293▲ 150%€79,917▲ 32.5%
Working capital€78,936above the sector's middle half▲ 595%€139,383above the sector's middle half▲ 76.6%€269,927above the sector's middle half▲ 93.7%€503,123above the sector's middle half▲ 86.4%€694,962above the sector's middle half▲ 38.1%
Solvency58.3%within the sector's middle half▲ 5.4pp67.1%above the sector's middle half▲ 8.7pp91.9%above the sector's middle half▲ 24.8pp89.3%above the sector's middle half▼ 2.5pp89.8%above the sector's middle half▲ 0.4pp
Current ratio1.99within the sector's middle half▲ 0.802.51within the sector's middle half▲ 0.5212.18above the sector's middle half▲ 9.679.34above the sector's middle half▼ 2.849.70above the sector's middle half▲ 0.35
Return on assets (ROA)4.7%within the sector's middle half▲ 21.1pp6.0%within the sector's middle half▲ 1.3pp28.4%above the sector's middle half▲ 22.4pp41.2%above the sector's middle half▲ 12.8pp25.1%above the sector's middle half▼ 16.1pp
Staff (FTE)1.3▼ 13.3%1.3=1.4▲ 7.7%1.5▲ 7.1%1.5=
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €781,343
Fixed assets
€6,465 ▲ 172%
Current assets
€774,879 ▲ 37.5%
Equity and liabilities €781,343
Equity
€701,427 ▲ 38.8%
Debt
€79,917 ▲ 32.5%
Debt's share of the balance-sheet total falls from 10.7% to 10.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€219,368
Cash flow
€196,400
Debt to equity
0.11▼
2024 · 0.12
ROE
27.9%▼
2024 · 46.1%
Interest coverage
80.48
Debt ≤ 1 year
€79,917▲
2024 · €60,293
Income taxes
€26,290▲
2024 · €449
Staff costs
€34,637▼
2024 · €43,252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% 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
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €145,000 | - |
| Remuneration, social security and pensions62 | €23,566 | €40,769 | €50,676 | €43,252 | €34,637 | ▼ 19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €89,381 | €85,786 | €46,243 | - | €469 | - |
| Other operating charges640/8 | €2,209 | €3,919 | €2,314 | €1,993 | €1,329 | ▼ 33.3% |
| Non-recurring operating charges66A | - | €90 | €225 | €20 | €45 | ▲ 122% |
| Gross operating margin9900 | €132,777 | €151,420 | €188,387 | €279,116 | €255,378 | ▼ 8.5% |
| Operating profit (loss)9901 | €17,621 | €20,857 | €88,929 | €233,851 | €218,898 | ▼ 6.4% |
| Financial income75/76B | €17 | €18 | €47 | €3,036 | €6,048 | ▲ 99.2% |
| Recurring financial income75 | €17 | €18 | €47 | €3,036 | €6,048 | ▲ 99.2% |
| Financial charges65/66B | €3,580 | €3,584 | €4,276 | €3,241 | €2,726 | ▼ 15.9% |
| Recurring financial charges65 | €3,580 | €3,584 | €4,276 | €3,241 | €2,726 | ▼ 15.9% |
| Profit (loss) for the period before taxes9903 | €14,059 | €17,291 | €84,701 | €233,645 | €222,221 | ▼ 4.9% |
| Income taxes67/77 | €369 | €431 | €401 | €449 | €26,290 | ▲ 5,755% |
| Profit (loss) for the period9904 | €13,690 | €16,860 | €84,300 | €233,196 | €195,931 | ▼ 16.0% |
| Profit (loss) for the period to be appropriated9905 | €13,690 | €16,860 | €84,300 | €233,196 | €195,931 | ▼ 16.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €293,343 | €280,257 | €296,433 | €565,789 | €781,343 | ▲ 38.1% |
| Fixed assets21/28 | €134,402 | €48,616 | €2,373 | €2,373 | €6,465 | ▲ 172% |
| Tangible fixed assets22/27 | €132,029 | €46,243 | - | - | €4,036 | - |
| Furniture and vehicles24 | €39,542 | - | - | - | €4,036 | - |
| Leasing and similar rights25 | €92,487 | €46,243 | - | - | - | - |
| Financial fixed assets28 | €2,373 | €2,373 | €2,373 | €2,373 | €2,429 | ▲ 2.4% |
| Current assets29/58 | €158,941 | €231,640 | €294,060 | €563,416 | €774,879 | ▲ 37.5% |
| Stocks and contracts in progress3 | €297 | €297 | €297 | - | - | - |
| Stocks30/36 | €297 | €297 | €297 | - | - | - |
| Amounts receivable within one year40/41 | €63,702 | €76,075 | €68,961 | €190,025 | €45,508 | ▼ 76.1% |
| Trade receivables40 | €31,299 | €45,551 | €31,903 | €160,578 | €14,666 | ▼ 90.9% |
| Other amounts receivable41 | €32,403 | €30,524 | €37,058 | €29,447 | €30,842 | ▲ 4.7% |
| Current investments50/53 | €23,698 | €110,000 | €120,003 | €20,253 | €25,448 | ▲ 25.6% |
| Cash at bank and in hand54/58 | €61,182 | €28,030 | €103,328 | €345,391 | €703,812 | ▲ 104% |
| Deferred charges and accrued income490/1 | €10,062 | €17,238 | €1,471 | €7,746 | €111 | ▼ 98.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €293,343 | €280,257 | €296,433 | €565,789 | €781,343 | ▲ 38.1% |
| Equity10/15 | €171,139 | €187,999 | €272,299 | €505,496 | €701,427 | ▲ 38.8% |
| Contributions10/11 | €6,693 | €6,693 | €6,693 | €6,693 | €6,693 | = |
| Reserves13 | €598,657 | €598,657 | €598,657 | €598,657 | €794,457 | ▲ 32.7% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Tax-exempt reserves132 | €596,657 | €596,657 | €596,657 | €596,657 | €596,657 | = |
| Distributable reserves133 | - | - | - | - | €195,800 | - |
| Profit (loss) carried forward14 | -€434,211 | -€417,351 | -€333,051 | -€99,855 | -€99,724 | ▲ 0.1% |
| Amounts payable17/49 | €122,204 | €92,257 | €24,133 | €60,293 | €79,917 | ▲ 32.5% |
| Amounts payable after more than one year17 | €42,198 | - | - | - | - | - |
| Financial debts170/4 | €42,198 | - | - | - | - | - |
| Amounts payable within one year42/48 | €80,006 | €92,257 | €24,133 | €60,293 | €79,917 | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | €35,491 | €42,198 | - | - | - | - |
| Trade debts44 | €18,688 | €19,466 | - | €18,941 | €12,536 | ▼ 33.8% |
| Suppliers440/4 | €18,688 | €19,466 | - | €18,941 | €12,536 | ▼ 33.8% |
| Taxes, remuneration and social security45 | €9,521 | €14,288 | €10,328 | €28,831 | €62,616 | ▲ 117% |
| Taxes450/3 | €611 | €1,247 | €1,700 | €24,990 | €56,059 | ▲ 124% |
| Remuneration and social security454/9 | €8,910 | €13,041 | €8,628 | €3,841 | €6,557 | ▲ 70.7% |
| Other amounts payable47/48 | €16,305 | €16,305 | €13,805 | €12,521 | €4,765 | ▼ 61.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,690 | €16,860 | €84,300 | €233,196 | €195,931 | ▼ 16.0% |
| + Depreciation and write-downs630 | €89,381 | €85,786 | €46,243 | - | €469 | - |
| Operating cash flow (approximation) | €103,071 | €102,646 | €130,543 | €233,196 | €196,400 | ▼ 15.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€4,561 | - |
| Change in cash | - | -€33,152 | €75,298 | €242,064 | €358,421 | ▲ 48.1% |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €233,196 ▲177%
Operating result €233,851, net result €233,196, both a record.
31-12
Financial
Equity above €500,000Eq €505,496 ▲85.6%
4 profitable years in a row build equity to €505,496.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 5current ratio 12.18
Current ratio from 2.51 to 12.18; short-term debt falls from €92,257 to €24,133.
31-12
Financial
Equity above €200,000Eq €272,299 ▲44.8%
3 profitable years in a row build equity to €272,299.
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €13,690
Net result €13,690 after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Seraing · 1 establishment unit since 1988
Ground area
240 m²
Building footprint
77 m²
Volume, LiDAR
574 m³
Parcel 62355B0914/00K007, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Fort 425, 4100 Seraing
since 19882.041.013.127
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62355B0914/00K007 | Wallonia | 240 m² | 1 · 77 m² | 8.9 m · 2 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.
Similar companies · same sector, comparable size
STERTAX
BE 0428.732.575
Jette · Eq €704,049
TAXIS PHILIPPE
BE 0438.870.461
Mons · Eq €692,859
't Ros Beiaard Travel
BE 0446.938.980
Dendermonde · Eq €686,432
Conny Cars
BE 0416.243.331
Westerlo · Eq €682,406
COACH PARTNERS ANTWERPEN
BE 0665.581.039
Turnhout · Eq €724,656
Of 6,972 companies in sector 49320 we hold annual accounts for 2,716. 681 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
Founded29-09-1987
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
79110Travel agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432044037
Also
9925:BE0432044037
Registered
02-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.