Equity
€759,775 ▲ 4.6%
Transco has made a profit without a break since 2012.
Transco
Lifetime
19 annual accounts with figures on one time axis, 49 filings since 1977peak €1.1m (2025)
€1.1m▲ 6.8%
lowest -€24,299 (2011)
€33,642▼ 77.2%
peak €759,775 (2025)
€759,775▲ 4.6%
€692,962▼ 8.2%
peak 11.9 FTE (2025)
11.9 FTE▲ 8.2%
Board4 names since 2005
2 directorsCASTELEYN Geert and 1 other
Owners
100%CASTELEYN TRS
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Result from €147,715 to €33,642Staff from 11 FTE to 11.9 FTECash from €124,626 to €275,560
Key points
from the 2025 annual accountsResult
€33,642 ▼ 77.2%
The result fell in 2025 from €147,715 to €33,642.
Turnover
≈ €2.0m estimated
The abbreviated format states no turnover.
Staff
12 employees on 31-12-2025
In 2025, 1 person joined and 2 left.
Filings
49 annual accounts since 1977
The last five annual accounts were filed 5 to 23 days before the end of the period.
At the same address
13 companies
Checked score
90
Excellent
Financially stronger than 59% of small companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,181 companies (NACE 49, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged 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: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Founded in 1968
Liquidity: current ratio 1.94, cash €275,560
Equity €759,775 (52.3% of total assets)
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 49, small). It does better than 69% of them on solvency, 76% on liquidity, 46% on profitability and 47% 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 very low class on 30-06-2025, 0.1% 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, 14,766 companies had the same profile as Transco has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Transco itself: 0.2% within 12 months.
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 14,766 companies, not a prediction for Transco. 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 €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (1.85 in 2024), above the usual 1.5. Short-term debt is 31.6% and cash 19% of total assets. 47.7% 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 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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
7 days early
2023
5 days early
2022
18 days early
2021
23 days early
2020
16 days early
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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. The company usually files around 17 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CASTELEYN TRS 100%score 82equity €4.0m (2025) · 2025 annual accounts of CASTELEYN TRS
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0405222745
2 directors appointed, 3 resignations
Resignations: DUBAERE Katelijn, CASTELEYN Geert and CASTELEYN Niek · Appointments: CASTELEYN Geert (director) and CASTELEYN Niek (director) · CASTELEYN TRS holds all the shares · General meeting of 01-02-2024 · Gazette deed
Appointment: Thomas Casteleyn (director)
General meeting of 19-06-2023 · Gazette deed
First establishment
Steenovenstraat 80, Tielt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Transco Tielt | €1.5m | €1.1m | 52.3% | 11.9 |
| Transport Veys Tielt | €1.2m | €1.1m | 52.5% | 11.1 |
| BEVATRANS Langemark-Poelkapelle | €1.5m | €1.2m | 26.3% | 11.8 |
| Vervoer Dehem Ypres | €1.8m | €1.0m | 67.8% | 10.2 |
| TRANSPORT ANMATRANS Gavere | €1.8m | €1.1m | 28.4% | 12.8 |
| P. en W. Goossens Aarschot | €1.4m | €1.3m | 48.6% | 14 |
| ALGEMEEN BAANVERVOER FR. en G. DE SMEDT Zemst | €1.3m | €0.9m | 21.6% | 10.3 |
These companies have the same main activity as Transco: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.2m and €1.8m, founded between 1968 and 1976.
Official details
Source: KBO- Status
- ActiveNormal situation
- Registered office
- 14 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Freight transport by roadNACE 49410and 2 others
- Joint committees
- 140.03Road transport and logistics for third parties
- 226White-collar workers in international trade, transport and logistics · annual accounts 2025
- Establishment unit
- 2.001.549.8648760 Tielt, since 01-10-1967
- Financial year end
- 31 December
- Peppol
- Reachable since 03-11-2025
Annual accounts 2025
- €1.5m▼ 1.9%
- Employeeson 31-12-2025
- 12=
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on Transco
Transco files the abbreviated format. That format states no turnover. The gross margin rose from €24,416 in 2007 to €1.1m in 2025.
CASTELEYN TRS holds all the shares.
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 Transco
- What is the company number of Transco?
- The company number of Transco is 0405.222.745. The VAT number is the same number with BE in front: BE 0405.222.745.
- Where is Transco based?
- The registered office is at Steenovenstraat 80, 8760 Tielt.Company details
- What does Transco do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of Transco?
- Transco is a private limited company (BV).
- When was Transco founded?
- Transco was founded on 01-01-1968.
- Is Transco still active?
- Yes, Transco is an active enterprise in the KBO register.
- How many employees does Transco have?
- Transco had an average of 11.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Transco fall under?
- In its 2025 annual accounts, Transco states joint committees 140.03 (Road transport and logistics for third parties) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of Transco?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.1m and 31 comparable companies (NACE 49410). It probably lies between €1.7m and €2.3m.
- Is Transco profitable?
- In financial year 2025, Transco made a profit of €33,642.
- Where can I find the annual accounts of Transco?
- Transco filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Transco due?
- Transco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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