Transcend2thrive
ActiveSummary
Transcend2thrive has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,627 and a net result of €115,953. Its solvency ranks better than 69% of 8,584 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-03-2024 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 1 other
- Establishment unit
- 2.357.639.834 9300 Aalst, since 28-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 01-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €174,160
- ▲ 151%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €115,953
- ▲ 154%
- Equity
- €171,627
- ▲ 208%
- Total assets
- €235,081
- ▲ 76.7%
Score breakdownraises riskFounded in 2024lowers riskLiquidity: current ratio 3.20, cash €130,794Sector: Advertising, market research and public relations activities (NACE 73)Equity €171,627 (73.0% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 84% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency
98+31
equity 73.0% of total assets
Liquidity
90+20
short-term debt 26.8% · cash 55.6%
Profitability
100=
return on assets 49.3%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.9%
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025highest value
07-2025: 0.1%▼ -0.8 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €16,000 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 3.2 (1.16 in 2024), above the usual 1.5. Short-term debt is 26.8% and cash 55.6% of total assets. 27% of the assets are financed with debt and provisions.
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 73, micro). It does better than 71% of them on solvency, 82% on liquidity, 88% on profitability and 96% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 22-05-2026, 70 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
70 days early
2024
55 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 63 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-05-2026 PDF all 2 filings
Turnover
≈ €320,000
Estimated: probably between €240,000 and €640,000
Total assets
€235,081▲ 76.7%
2024 · €133,049
Net result
€115,953▲ 154%
2024 · €45,674
Working capital
€138,271▲ 11×
2024 · €12,533
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€164,072
▲ 161%
2025
20242025
Net result
€115,953
▲ 154%
2025
highest quarter of the sector
20242025
Equity
€171,627
▲ 208%
2025
highest quarter of the sector
20242025
Total assets
€235,081
▲ 76.7%
2025
middle half of the sector
20242025
Debt
€63,454
▼ 18.0%
2025
20242025
Working capital
€138,271
▲ 11×
2025
highest quarter of the sector
20242025
Solvency
73.0%
▲ 31.2pp
2025
middle half of the sector
20242025
Current ratio
3.20
▲ 2.03
2025
middle half of the sector
20242025
Return on assets (ROA)
49.3%
▲ 15.0pp
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€62,922-€164,072▲ 161%
Net result€45,674above the sector's middle half-€115,953above the sector's middle half▲ 154%
Equity€55,674within the sector's middle half-€171,627above the sector's middle half▲ 208%
Total assets€133,049within the sector's middle half-€235,081within the sector's middle half▲ 76.7%
Debt€77,375-€63,454▼ 18.0%
Working capital€12,533within the sector's middle half-€138,271above the sector's middle half▲ 11×
Solvency41.8%within the sector's middle half-73.0%within the sector's middle half▲ 31.2pp
Current ratio1.16within the sector's middle half-3.20within the sector's middle half▲ 2.03
Return on assets (ROA)34.3%above the sector's middle half-49.3%above the sector's middle half▲ 15.0pp
above
within
below
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 161% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235,081
Fixed assets
€33,912 ▼ 22.9%
Current assets
€201,169 ▲ 126%
Equity and liabilities €235,081
Equity
€171,627 ▲ 208%
Debt
€63,454 ▼ 18.0%
Debt's share of the balance-sheet total falls from 58.2% to 27.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€174,160▲
2024 · €69,361
Cash flow
€126,041▲
2024 · €52,113
Debt to equity
0.37▼
2024 · 1.39
ROE
67.6%▼
2024 · 82.0%
Interest coverage
over 100
Debt ≤ 1 year
€62,897▼
2024 · €76,515
Income taxes
€47,949▲
2024 · €17,248
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €50,440 | - |
| Depreciation and write-downs of the year | €6,440 | €10,088 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,440 | €10,088 | ▲ 56.7% |
| Gross operating margin9900 | €69,361 | €174,160 | ▲ 151% |
| Operating profit (loss)9901 | €62,922 | €164,072 | ▲ 161% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | - | €170 | - |
| Recurring financial charges65 | - | €170 | - |
| Profit (loss) for the period before taxes9903 | €62,922 | €163,902 | ▲ 160% |
| Income taxes67/77 | €17,248 | €47,949 | ▲ 178% |
| Profit (loss) for the period9904 | €45,674 | €115,953 | ▲ 154% |
| Profit (loss) for the period to be appropriated9905 | €45,674 | €115,953 | ▲ 154% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €133,049 | €235,081 | ▲ 76.7% |
| Fixed assets21/28 | €44,000 | €33,912 | ▼ 22.9% |
| Tangible fixed assets22/27 | €44,000 | €33,912 | ▼ 22.9% |
| Furniture and vehicles24 | €44,000 | €33,912 | ▼ 22.9% |
| Current assets29/58 | €89,049 | €201,169 | ▲ 126% |
| Amounts receivable within one year40/41 | €17,956 | €19,476 | ▲ 8.5% |
| Trade receivables40 | €17,956 | €19,476 | ▲ 8.5% |
| Current investments50/53 | - | €50,000 | - |
| Cash at bank and in hand54/58 | €70,283 | €130,794 | ▲ 86.1% |
| Deferred charges and accrued income490/1 | €809 | €899 | ▲ 11.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €133,049 | €235,081 | ▲ 76.7% |
| Equity10/15 | €55,674 | €171,627 | ▲ 208% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Reserves13 | €45,674 | €161,627 | ▲ 254% |
| Distributable reserves133 | €45,674 | €161,627 | ▲ 254% |
| Amounts payable17/49 | €77,375 | €63,454 | ▼ 18.0% |
| Amounts payable within one year42/48 | €76,515 | €62,897 | ▼ 17.8% |
| Trade debts44 | €103 | €17,364 | ▲ 169× |
| Suppliers440/4 | €103 | €17,364 | ▲ 169× |
| Taxes, remuneration and social security45 | €31,585 | €18,633 | ▼ 41.0% |
| Taxes450/3 | €31,585 | €18,633 | ▼ 41.0% |
| Other amounts payable47/48 | €44,827 | €26,900 | ▼ 40.0% |
| Accrued charges and deferred income492/3 | €860 | €557 | ▼ 35.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €45,674 | €115,953 | ▲ 154% |
| + Depreciation and write-downs630 | €6,440 | €10,088 | ▲ 56.7% |
| Operating cash flow (approximation) | €52,113 | €126,041 | ▲ 142% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €60,511 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Transcend2thrive has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Transcend2thrive itself is lower: 0.1% within 12 months. It rests on far more data about Transcend2thrive than the profile alone.
Test of the method
The method was tested on the 497,446 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 Transcend2thrive. 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.
Board & ownership
Directors
Directors
1 director, no change since 2024
RUBBRECHT Marina Frans
Current
Director (not named in the articles) · since 28-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 22-05-2026
Owners and capital
Shareholders
At incorporation
act of 02-04-2024 ↗
- RUBBRECHT Marina Frans 1,000 shares (100%) · €10,000 in cash
Capital transactions
Capital over time
- 02-04-2024 Incorporation · €10,000 · 1,000 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, Artikel10”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 02-04-2024 (in Dutch)
Network & group
Transcend2thrive shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Transcend2thrive. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
22-05
micro format · 70 days before the deadline
2025
31-12
Financial
Liquidity more than doubledcurrent ratio 3.20
The current ratio rises from 1.16 to 3.20. Short-term debt falls from €76,515 to €62,897.
31-12
Financial
Equity above €150,000equity €171,627 ▲208%
With a profit in every financial year since 2024, equity grows to €171,627.
06-06
micro format · 55 days before the deadline
2024
02-04
Gazette deed
IncorporationStarting capital €10,000 · Appointment: RUBBRECHT Marina Frans (director) · Founder16 points ▸
Gazette deed
Incorporation
Starting capital €10,000 · Appointment: RUBBRECHT Marina Frans (director) · Founder16 points ▸
- Founder, RUBBRECHT Marina Frans (oprichter verschijner)
- Other provision, “lidmaatschapsrechten op naam van één echtgenoot eigen overeenkomstig artikel 1401,5° Burgerlijk Wetboek, huwgemeenschap” (deed in Dutch)
- Incorporation, “Transcend2thrive” (deed in Dutch)
- Other provision, “financieel plan, dossier van de notaris” (deed in Dutch)
- Founding capital, €10,000
- Bank account, “BE46 363242198936, bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
- Other provision, “bevestiging deponering overeenkomstig Wetboek van vennootschappen en verenigingen”, 10000 (deed in Dutch)
- Capital contribution, €10,000
- Other provision, “geen onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “authenticiteit statuten, verzoek aan Notaris authenticiteit te verlenen aan statuten Besloten Vennootschap” (deed in Dutch)
- Other provision, “uitwerking slotbeslissingen, overeenkomstig wet” (deed in Dutch)
- Registered office clause, “9300 Aalst Marcel De Bisschopstraat 19, 2. Adres van de zetel” (deed in Dutch)
- The act holds 4 more points.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Transcend2thrive in Dutch
Enterprise number
1007.699.643
Legal form
Private limited company
Status
Active, normale toestand
Founded
28-03-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-04-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Transcend2thrive
deed of 02-04-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…”
deed of 02-04-2024 (in Dutch)Registered office and establishments
Registered office
Marcel De Bisschopstraat 19, 9300 Aalst, Belgium
Establishment unit
Transcend2thrive, Marcel De Bisschopstraat 19, 9300 Aalst since 28-03-2024 · unit number 2.357.639.83462100 Computer programming
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
70200
Business and other management consultancy
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
70220
Business consulting
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 02-04-2024 (in Dutch)
“Het verlenen van strategisch,bedrijfseconomisch,technisch,financieel en juridisch advies en praktische hulp en diensten in verband met…”
16 activities
- Het verlenen van strategisch,bedrijfseconomisch,technisch,financieel en juridisch advies en praktische hulp en diensten in verband met bedrijfsbeheer,personeelsbeheer,organisatie-ontwikkeling,leiderschap en andere diensten op het gebied van bedrijfsvoering voor ondernemingen,instellingen,overheden en verenigingen in de meest ruime zin.
- Het voeren van mandaten in directiecomités,raden van bestuur en andere adviesraden van vennootschappen,instellingen,overheden en verenigingen.
- Het verlenen van diensten aangaande arbeidsbemiddeling en andere ondersteunende activiteiten ten behoeve van ondernemingen.
- Het ontwikkelen en praktisch uitvoeren van opleidingen en coaching en andere vormen van onderwijs en onderwijsondersteunende dienstverlening.
- Het stellen van alle handelingen in verband met het organiseren en inrichten van seminaries,congressen,beurzen en studiedagen,het publiceren van boeken,publicitaire artikelen en andere uitgaven.
- Managementactiviteiten van holdings.
- Het ontwerpen en programmeren van computerprogramma’s,computerconsultancy-activiteiten en aanverwante activiteiten.
- Dienstverlenende activiteiten op het gebied van informatie,zowel gegevensverwerking,webhosting,webportalen en aanverwante activiteiten.
- Overige gespecialiseerde wetenschappelijke en technische activiteiten.
- Overige rechtskundige dienstverlening
- De vennootschap mag deelnemen in het vermogen en in het bestuur van andere vennootschappen,ze mag mandaten opnemen van bestuurder,zaakvoerder en vereffenaar.
- De aankoop,ruiling,inhuurneming,verhuring,expertise en onderhoud van onroerende goederen,evenals alle financieringsverrichtingen toegelaten door de wet.
- De vennootschap mag alle bouwwerken oprichten voor haar rekening of voor rekening van derden als bouwheer of als aannemer en veranderingen of meerwaarden aanbrengen aan de onroerende goederen,evenals de studie en uitvoering van verkavelingen,de aanleg van wegen en riolering alsook de studie van burgerlijke bouwkunde en van alle technische uitrusting van gebouwen en materialen,rechtstreeks of onrechtstreeks voor zichzelf of voor derden.
- Zij mag eveneens alle noodzakelijke ondernemingscontracten afsluiten,alle commissieverrichtingen doen,evenals het beheer van onroerende goederen waarnemen.
- De vennootschap mag eveneens alle zakelijke rechten vestigen alsook het ontbinden ervan.
- Zij mag zowel in België als in het buitenland alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijke doelen.
Invoicing and payment
VAT number
BE 1007.699.643
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June
deed of 02-04-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
856 m²
Building footprint
144 m²
Building volume
1,045 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41002B0033/00F000 | Flanders | 856 m² | 1 · 144 m² | 9.2 m · 2 |