TRANSCO
ActiveTRANSCO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-15k) and a net result of €16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
16
/ 100
Critical▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency35▲+2
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.25 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-53.5%
Return on assets
56.8%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 18024 sector peers (2025).
NBB · sector comparisonPosition among 18024 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
68 d late
2022
71 d late
2021
78 d late
2020
24 d late
2019
46 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-15k▲ 51.5%
2024 · €-31k
2018: €8k
2019: €10k
2020: €14k
2021: €13k
2022: €13k
2023: €-9k
2024: €-31k
2018 → 2025
Total assets
€28k▲ 51.1%
2024 · €19k
2018: €56k
2019: €35k
2020: €38k
2021: €51k
2022: €58k
2023: €69k
2024: €19k
2018 → 2025
Net result
€16k
2024 · €-22k
2018: €21k
2019: €2k
2020: €4k
2021: €-1k
2022: €201
2023: €-23k
2024: €-22k
2018 → 2025
Working capital
€-18k▲ 50.8%
2024 · €-38k
2018: €-179
2019: €3k
2020: €9k
2021: €9k
2022: €10k
2023: €-18k
2024: €-38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€13k▲ 1.5%€-9k€-31k▼ 241%€-15k▲ 51.5%
Operating result€929-€2k▲ 95.8%€-17k€-22k▼ 24.3%€17k
Net result€-1k-€201€-23k€-22k▲ 2.0%€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17k after a loss of €22k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€3k▼ 47.0%
Current assets
€25k▲ 101%
Key figures and ratios
EBITDA
€20k▲
2024 · €-19k
Cash flow
€19k▲
2024 · €-19k
Solvency
-53.5%▲
2024 · -166.6%
Current ratio
0.58▲
2024 · 0.25
Quick ratio
0.58▲
2024 · 0.25
Debt / equity
-2.87▼
2024 · -1.60
ROE
-106.1%▼
2024 · 70.7%
ROA
56.8%▲
2024 · -117.8%
Interest coverage
47.36▲
2024 · -103.23
Debt
€43k▼
2024 · €50k
Debt ≤ 1 year
€43k▼
2024 · €50k
Income taxes
€530▲
2024 · €233
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€19k€28k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€5k€2k▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€754€5▼
Financial fixed assets28€1k€1k=
Current assets29/58€12k€25k▲
Amounts receivable within one year40/41€10k€23k▲
Trade receivables40€9k€21k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1€249€808▲
Equity and liabilities
Total equity and liabilities10/49€19k€28k▲
Equity10/15€-31k€-15k▲
Contributions10/11€26k€26k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-61k€-45k▲
Amounts payable17/49€50k€43k▼
Amounts payable within one year42/48€50k€43k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€23k€22k▼
Suppliers440/4€23k€22k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48€23k€17k▼
Accrued charges and deferred income492/3€0€45▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-17k€22k▲
Operating profit (loss)9901€-22k€17k▲
Financial income75/76B€8€71▲
Recurring financial income75€8€71▲
Financial charges65/66B€181€420▲
Recurring financial charges65€181€420▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-22k€17k▲
Income taxes67/77€233€530▲
Profit (loss) for the period9904€-22k€16k▲
Profit (loss) for the period to be appropriated9905€-22k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-45k▲
Profit (loss) brought forward from the previous period14P€-39k€-61k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-23k ▼11321%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Back to profitnet €201
Net result €201 after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Soignies
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Van Zeeland 67060 SoigniesGround area
259 m²
Building footprint
35 m²
Volume, LiDAR
309 m³
Parcel 55402F0242/00C000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55402F0242/00C000 | Wallonia | 259 m² | 1 · 35 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,588 companies in sector 47551 we hold annual accounts for 1,701. 765 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-1984
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52441
31002Manufacture of furniture
36130
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@adam-placards.be
Phone:+32495221920