Equity
€278,924 ▲ 28×
Equity rose in 2025 from €9,996 to €278,924.
Transcare
Lifetime
2 annual accounts with figures on one time axispeak €450,446 (2025)
€450,446
lowest -€4 (2024)
€268,928▲ €268,931
peak €278,924 (2025)
€278,924▲ 28×
€309,462
Board1 name since 2024
1 directorPODDAR,Harender
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Back to profit: €268,928Company renamed from HPP Marine and Offshore technology to Tr… 10-04Equity from €9,996 to €278,9241 establishment registeredCash from €9,996 to €164,700
Key points
from the 2025 annual accountsAt the same address
13 companies
Position in the sector
€268,928
Higher net result than 95% of companies in warehousing and transport support. Sector median €10,834 · 1,189 companies.
2025 accounts filed 18 days after the deadline
Checked score
52
Fair
Financially stronger than 78% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 1.3%
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025lowest value
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.6%▲ +0.3 percentage points vs 03-2026
05-2026: 2.0%▲ +0.4 percentage points vs 04-2026
06-2026: 2.1%▲ +0.1 percentage points vs 05-2026
07-2026: 2.3%▲ +0.2 percentage points vs 06-2026
08-2026: 6.8%▲ +4.5 percentage points vs 07-2026highest value
09-2026: 3.6%▼ -3.2 percentage points vs 08-2026
10-2026: 3.6%● unchanged vs 09-2026
11-2026: 3.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
2 changes of registered office in 24 months
Founded in 2024
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Liquidity: current ratio 1.82, cash €164,700
Calculation
The band follows from the bankruptcy probability. 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 52, micro). It does better than 55% of them on solvency, 63% on liquidity, 93% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Transcare has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Transcare itself is higher: 3.6% within 12 months. It rests on far more data about Transcare than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Transcare. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €14,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 1.82, above the usual 1.5. Short-term debt is 52.6% and cash 28% of total assets. However, 52.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 2 filingsDeviation from the deadline
2025
18 days late
2024
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 1 day after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015642260
Registered office moved from Wommelgem to Sint-Truiden
New registered office: Fabriekstraat, 34-Unit 16, 3800 Sint-Truiden · Previous registered office: Uilenbaan, 120-2160 Wommelgem · Board meeting of 01-06-2026 · Gazette deed
Company renamed from HPP Marine and Offshore technology to Transcare
Registered office moved to Wommelgem · New registered office: Uilenbaan 120, 2160 Wommelgem · General meeting of 02-04-2025 · Gazette deed
First establishment
Fabriekstraat 34, Sint-Truiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Transcare Sint-Truiden | €0.6m | €450,446 | 47.4% | - |
| Cainiao Logistics (Belgium) Grâce-Hollogne | €0.7m | €466,065 | 17.9% | 4.7 |
| STCL Herstal | €0.6m | €596,607 | 30.4% | 6.7 |
| FUMIPORT Antwerp | €1.0m | €292,844 | 29.5% | - |
| Containerplein Antwerpen Antwerp | €0.6m | €440,756 | -48.9% | - |
| FLEXTIME Antwerp | €0.3m | €543,184 | 24.9% | - |
| ARF COMPANY Brussels | €0.6m | €339,441 | 57.4% | - |
These companies have the same main activity as Transcare: logistics services (NACE 52250). They are comparable in size and age: total assets between €344,000 and €1m, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 28-10-2024Normal situation
- Registered office
- 14 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Logistics servicesNACE 52250and 8 others
- Joint committees
- 140Transport and logistics
- 226White-collar workers in international trade, transport and logistics · annual accounts 2025
- Establishment unit
- 2.370.613.6823800 Sint-Truiden, since 01-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €900,000estimated
- €588,386▲ 59×
- Employeeson 31-12-2025
- 10
- Filing
- Filed on 18-08-2026
Insights on Transcare
The computed 12-month bankruptcy probability of Transcare is 3.6% (moderate). The 2025 annual accounts show equity of €278,924 and a net result of €268,928.
Its solvency ranks better than 54% of 1,191 sector peers (NACE 52, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Transcare
- What is the company number of Transcare?
- The company number of Transcare is 1015.642.260. The VAT number is the same number with BE in front: BE 1015.642.260.
- Where is Transcare based?
- The registered office is at Fabriekstraat 34, 3800 Sint-Truiden.Company details
- What does Transcare do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of Transcare?
- Transcare is a private limited company (BV).
- When was Transcare founded?
- Transcare was founded on 28-10-2024.
- Is Transcare still active?
- Yes, Transcare is an active enterprise in the KBO register.
- How many employees does Transcare have?
- Transcare had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Transcare fall under?
- In its 2025 annual accounts, Transcare states joint committees 140 (Transport and logistics) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of Transcare?
- The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €450,446 and 879 comparable companies of the same size. It probably lies between €630,000 and €1.3m. It is a rough estimate.
- Is Transcare profitable?
- In financial year 2025, Transcare made a profit of €268,928.
- Where can I find the annual accounts of Transcare?
- Transcare filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Transcare due?
- Transcare must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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