Skip to content

TRANSCODE

Active Private limited companyfounded 2018active for 8 yearsAvenue L. Souguenet 23, 4130 EsneuxKBO/BCE: BE 0687.818.090 #9 company by total assets in Esneux, Telecoms and IT sector

Annual accounts 2025

micro format, filed on 02-06-2026, 59 days before the deadline
€0
€13,281
▼ 51.0%
€20,633
▼ 39.6%
€16,356
▼ 38.3%
57.0%
▼ 12.6 percentage points
2.17
▼ 0.84

Balance sheet

balance sheet total €182,729 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

57.0%

Higher than 47% of 22,044 companies in 2025.

2.17

Higher than 46% of 21,344 companies in 2025.

4.9%

Higher than 26% of 21,535 companies in 2025.

TRANSCODE Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018
Balance sheet: assets
20/58 182,729218,485252,562210,096206,090209,416168,586103,056
20 00003006009011,201
21/28 12,33218,83325,18017,27821,52011,20211,9287,716
22/27 12,33218,83325,18017,27821,52011,20211,9287,716
23 9,29111,63113,97116,31118,8198,84810,1676,981
24 3,0417,20211,2089672,7012,3541,761736
29/58 170,397199,653227,382192,818184,269197,613155,75794,139
40/41 35,0676,2005,14314,14316,54214,11214,91111,400
40 32,1823,89909,00010,80012,82514,91111,400
41 2,8852,3015,1435,1435,7421,28700
50/53 50,00050,00050,00050,00050,00050,00010,000-
54/58 85,330143,452172,148128,586117,728133,501130,84782,657
490/1 -09089--082
Balance sheet: equity and liabilities
10/49 182,729218,485252,562210,096206,090209,416168,586103,056
10/15 104,239152,223183,381195,464185,779170,313113,32557,020
10/11 12,40012,40012,40012,40012,40012,40012,40012,400
100 ------12,40012,400
13 91,839139,823170,981183,064173,379157,913100,92544,620
130/1 1,8601,8601,8601,8601,8601,860--
130 ------1,8601,860
1311 1,8601,8601,8601,8601,8601,860--
132 5,7115,7115,7115,7115,7115,7115,711-
133 84,268132,252163,410175,493165,808150,34293,35442,760
17/49 78,49066,26369,18014,63220,31139,10355,26146,036
42/48 78,49066,26369,18014,63218,32739,10355,26146,036
44 1,6341,8557,1065,8986,9438,66410,19717,644
440/4 1,6341,8557,1065,8986,9438,66410,19717,644
45 22,71816,31713,1633,8448,66027,64838,17819,213
450/3 22,71816,31713,1633,8448,66027,64838,17819,213
454/9 00000000
47/48 54,13948,09048,9124,8902,7252,7906,8869,179
492/3 ---01,984---
Income statement
70 00000-00
9900 20,73434,18348,68018,21724,57281,39280,06663,004
60/61 00000-00
630 7,3527,0705,8534,5423,9322,8562,4581,531
640/8 101-93858484144-
9901 13,28127,11342,73413,59020,55578,45277,46361,472
75/76B 34--0652432-
75 34--0652432-
65/66B 64735818063777474
65 64735818063777474
9903 12,66927,07842,65313,51020,55878,40077,42261,398
67/77 3,6657,64211,9763,8255,09221,41221,11616,779
9904 9,00419,43630,6779,68515,46656,98856,30644,620
689 ------56,30642,760
9905 9,00419,43630,6779,68515,46656,98801,860
Appropriation of the result
9906 9,00419,43630,6779,68515,46656,98801,860
791/2 56,98850,59542,760-----
691/2 9,00419,43630,6779,68515,46656,988-1,860
6920 -------1,860
6921 9,00419,43630,6779,68515,46656,988--
694/7 56,98850,59542,760-----
694 56,98850,59542,760-----
Document PDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 02-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 02-06-2026 2026-00131630 PDF
31-12-2024 micro format 16-06-2025 2025-00141463 PDF
31-12-2023 micro format 26-05-2024 2024-00095911 PDF
31-12-2022 micro format 17-06-2023 2023-00137146 PDF
31-12-2021 micro format 02-07-2022 2022-20131081 PDF
31-12-2020 micro format 16-06-2021 2021-21100264 PDF
31-12-2019 micro format 25-06-2020 2020-21000312 PDF
31-12-2018 micro format 22-07-2019 2019-36800112 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018
20,63334,18348,58718,13224,48881,30879,92263,004
16,35626,50636,53114,22719,39859,84458,76446,151
85172313,755013,9511,8296,3708,948
-58,123-28,69643,56210,859-15,7742,65448,190-
91,907133,390158,202178,186165,943158,511100,49648,102
57.0%69.7%72.6%93.0%90.1%81.3%67.2%55.3%
2.173.013.2913.1810.055.052.822.04
0.750.440.380.070.110.230.490.81
8.6%12.8%16.7%5.0%8.3%33.5%49.7%78.3%
4.9%8.9%12.1%4.6%7.5%27.2%33.4%43.3%
31.91over 100over 100over 100over 100---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Overdue debts

tax and social security
Item20252024202320222021
Overdue tax debts€22,718€16,317€13,163€3,844€8,660
Overdue social security (RSZ) debts---€0€0

Source: notes to the 2021 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€851€723€13,755€0€13,951
€7,352€7,070€5,853€4,542€3,932

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TRANSCODE

The operating result for 2025 is 51% lower than in 2024 and the lowest since 2018. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 30.3% to 43.0%. Equity is lower and debt is higher.

Next steps