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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
TRANSCODE
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Overview

Lifetime

8 annual accounts with figures on one time axis
peak €81,392 (2020)
€20,734▼ 39.3%
peak €56,988 (2020)
€9,004▼ 53.7%
peak €195,464 (2022)
€104,239▼ 31.5%
€78,490▲ 18.5%
Board3 names since 2018
1 director
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Gross margin from €34,183 to €20,734Result from €19,436 to €9,004Dividend €56,988Equity from €152,223 to €104,239Debts from €66,263 to €78,490Cash from €143,452 to €85,330

Key points

from the 2025 annual accounts

Overdue debts

€22,718 on 31-12-2025

The annual accounts state €22,718 of overdue tax debts on 31-12-2025.

Equity

€104,239 ▼ 31.5%
152,2232024+9,004Profit-56,988Dividend104,2392025

TRANSCODE paid out €56,988 in dividends. That is 633% of the 2025 profit.

Filings

8 annual accounts since 2018
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 29 to 66 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as TRANSCODE has now. Each dot stands for 13 companies, two years later.

93.9%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,053 companies, not a prediction for TRANSCODE. 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 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

Board and ownership

Director
  • all the sharesdeed of 08-08-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0687818090
Change of role: , from manager to director Director discharge: · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 23-10-2023 · Gazette deed
Registered office moved within Esneux New registered office: Avenue Léon Souguenet, 23 à 4130 Esneux · Previous registered office: Avenue J. Wauters 19 4130 ESNEUX · Gazette deed
Appointment: . (statutory auditor) holds all the shares · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
TRANSCODE Esneux €182,729 €20,734 57.0% -
Team Awesome Herent €167,937 €21,513 -51.8% -
M&E CONSULT Lille €193,023 €20,210 82.5% -
Tallathan Consulting Herselt €188,933 €19,459 29.0% -
ALLBITS Boortmeerbeek €161,570 €21,662 95.8% -
NIDCONSULT Brussels €166,212 €21,426 55.5% -
Cyber Security Challenge Brussels €171,770 €22,623 88.3% -

These companies have the same main activity as TRANSCODE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €162,000 and €193,000, founded between 2016 and 2019.

Official details

Source: KBO
Status
Active since 11-01-2018Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.272.006.5514130 Esneux, since 11-01-2018
Financial year end
31 December
Peppol
Reachable since 18-09-2025
Company details

Annual accounts 2025

€0
€9,004▼ 53.7%
€104,239▼ 31.5%
€182,729▼ 16.4%
Filing
Filed on 02-06-2026, 59 days before the end of the filing period
Financials

Insights on TRANSCODE

TRANSCODE files the micro format. That format states no turnover. The gross margin fell from €63,004 in 2018 to €20,734 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

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
In the rankings #9 company by total assets in Esneux, Telecoms and IT sector#10 company by equity in Esneux, Telecoms and IT sector

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

Compare with 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.

Board & ownership

Board

1 director, no change since 2023
Director (not named in the articles)
appointed by deed of 23-11-2023
earlier manager, until 23-11-2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 17. Signatures - Représentation générale. Tous les actes engageant la société avant la mise en liquidation de celle-ci, même les…”
deed of 15-01-2018

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Director (not named in the articles)

Statutory auditor

Gérant non statutaire unique
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Director (not named in the articles), appointed by deed of 23-11-2023, still in office
    • Manager, until 23-11-2023
    • Statutory auditor, appointed by deed of 08-08-2018, until 08-08-2018
    • Gérant non statutaire unique, appointed by deed of 15-01-2018, last mentioned in 2018

See the board, name and registered office on a given date →

Control

Shareholder
This company
TRANSCODE
Equity €104,239
Profit €9,004 in 2025

Capital

Contribution
€12,400
Shares
100
Contribution per share
€124
Equity per share
€1,042 in 2025
Source
2025 annual accounts

Articles of association

deed of 23-11-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Droit/option caduc si toutes actions non acquises;information de tous les actionnaires dans les huit jours de l’expiration du délai de…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Wednesday of May at 09:00

Shareholders

Stated in the deed deed of 08-08-2018 ↗
  • all shares
At incorporation deed of 15-01-2018 ↗
  • 100 shares (100%) · €18,600 in cash

Capital transactions

Capital over time
  1. 23-11-2023 Converted to unavailable equity · €14,260
  2. 15-01-2018 Incorporation · €18,600 · 100 shares

Network & group

No group

TRANSCODE has no parent and no holdings in its annual accounts. is the only director. TRANSCODE shares no director with another company.

Timeline

Timeline

18 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 59 days before the deadline
2025
Weakest financial year net €9,004 ▼53.7% The net result drops to €9,004, the lowest from 2018 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0687818090
Annual accounts 2024 filed PDFmicro format · 45 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 66 days before the deadline
2023
Change of role: , from manager to directorDirector discharge: · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 23-10-20236 points ▸
  • Director resignation, (manager)
  • Director appointment, (director (not named in the articles))
  • Director discharge,
  • General meeting, 23-10-2023
  • 100 shares, mentioned twice in the deed
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 44 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 29 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 45 days before the deadline
2020
Highest result from 2018 to 2025 net €56,988 ▲1.2% The operating result of €78,452 and the net result of €56,988 are both a record.
Equity above €150,000 equity €170,313 ▲50.3% With a profit in every financial year since 2018, equity grows to €170,313.
Annual accounts 2019 filed PDFmicro format · 36 days before the deadline
2019
Equity above €100,000 equity €113,325 ▲98.7% With a profit in every financial year since 2018, equity grows to €113,325.
Annual accounts 2018 filed PDFmicro format · 9 days before the deadline
Registered office moved within EsneuxNew registered office: Avenue Léon Souguenet, 23 à 4130 Esneux · Previous registered office: Avenue J. Wauters 19 4130 ESNEUX1 point ▸
  • Registered-office move, Avenue Léon Souguenet, 23 à 4130 Esneux
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2018
Appointment: . (statutory auditor) holds all the shares2 points ▸
  • holds all the shares
  • Auditor appointment, .
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

IncorporationFounding capital of €18,600, 100 shares, €12,400 paid up · Founder: · Appointment: (gérant non statutaire unique) · published on 15-01-20184 points ▸
  • Founder,
  • Founding capital, €18,600, 100 shares
  • Capital, €18,600, 100 shares, mentioned twice in the deed
  • Director appointment, (gérant non statutaire unique)
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

First establishment Avenue L. Souguenet 23, Esneux

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

TRANSCODE was incorporated on 11 January 2018 by one natural person, with a starting capital of €18,600.12 The registered office was moved to Esneux in 2019.3 is director of the company, appointed by deed of 23-11-2023.4 Total assets rose from €103,056 in 2018 to €182,729 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-01-2018
  3. 3Belgian Official Gazette, 13-06-2019
  4. 4Belgian Official Gazette, 23-11-2023
  5. 5National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0687.818.090
VAT number
BE 0687.818.090
Peppol ID
0208:0687818090
Legal form
Private limited company
Status
Active, normal situation
Founded
11-01-2018
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Wednesday of May at 09:00
deed of 23-11-2023 (in French)
Peppol
Reachable since 18-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TRANSCODE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-11-2023 (in French)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Le conseil en informatique, électronique et techniques de l’information ; ces services peuvent s’accompagner du commerce au sens large, que…”
11 activities
  1. Le conseil en informatique, électronique et techniques de l’information ; ces services peuvent s’accompagner du commerce au sens large, que ce soit de détail ou de gros, de tous matériels, machines, logiciels, applications, pièces, et autres installations.
  2. La conception, la mise au point, la commercialisation, l’exploitation de toutes solutions informatiques, réseaux, internet, sites web, logiciels et applications, la construction de systèmes de stockage, de contrôle, de mise à jour et de protection de données, la domotique au sens large, la robotique et toutes prestations dans tous domaines susceptibles d’être informatisés ou de bénéficier de l’intelligence dite artificielle.
  3. Le développement de tous savoir-faire et autres droits de propriété intellectuelle, les déposer, au besoin, les acquérir, les exploiter, les mettre en valeur, les céder ou en concéder des licences.
  4. Toute activité de gestion, d'administration, de liquidation, de direction et d'organisation, sous quelque forme que ce soit, de toutes sociétés. Elle pourra prendre la qualité de membre d’organes de la société et/ou exécuter des missions d’administration et de gestion. Elle pourra participer de surcroît à la gestion journalière et/ou à tout comité de direction et assurer, conformément à la loi et aux statuts de ces sociétés, la représentation de celles-ci dans les opérations relevant de cette gestion journalière et/ou des pouvoirs du comité de direction.
  5. La participation à la création et au développement d'entreprises industrielles, commerciales, financières ou immobilières et l'apport de tout concours sous la forme jugée la plus appropriée, par exemple, prêts, financement, garanties, participation au capital, etc.
  6. Toute participation au conseil, à l’assistance et à la surveillance interne des sociétés et entreprises, sous quelque forme que ce soit, dans les matières d’expertise de la société, évoquées dans le présent objet social.
  7. Tous services d'intermédiaire et/ou de conseil, sous quelque forme que ce soit, dans les matières industrielles, commerciales, financières, immobilières, juridiques, de l'organisation et du management.
  8. Tous travaux administratifs d’établissement, d’encodage, de transcription, d’édition et de présentation de documentation intéressant ses clients, tous travaux de secrétariat relatif aux entreprises dans lesquelles elle est intéressée, la tenue à jour de la documentation légale et tous travaux requis par celle-ci, l’établissement de tous documents de nature juridique, économique, financière jugés utiles à l’exécution des missions de gestion ou à l’information de ses clients, l’interface entre le client et toutes relations d’affaire, en ce compris les autorités, etc.
  9. L'acquisition par voie d'achat, de souscription, d'échange ou de toute autre manière, ainsi que l'aliénation par vente, échange, ou de toute autre manière, d'actions, d'obligations, de bons et de valeurs mobilières de toutes espèces, la gestion, l'exploitation, la mise en valeur, l’aliénation de ces titres et valeurs mobilières.
  10. La constitution, la gestion, l'exploitation, la mise en valeur d'un patrimoine immobilier, et pour ce faire, l'aliénation, l'acquisition, la location, l’exploitation de tout bien ou droit réel immobilier, divis ou indivis, en rapport ou non avec ses autres activités.
  11. L’octroi de garanties.
deed of 23-11-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Avenue L. Souguenet 23 registered office 4130 Esneux 11-01-2018 2.272.006.551

Buildings and parcels at the address

Ground area
3,388 m²
Buildings
103 m²
Volume, LiDAR
868 m³
Tallest building
13.9 m
Buildings to scale, each on its own parcel
103 m², 13.9 m 103 m², 13.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
62032B0555/00G0003,388 m² 1 · 103 m² 13.9 m · 3

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