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TRANSCOLORS

Active
Private limited companyfounded 20232 yrs activeMutsaardplein 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 1002.458.574
Summary

The computed 12-month bankruptcy probability of TRANSCOLORS is 2.4% (moderate). The 2024 annual accounts show equity of €31,669 and a net result of €29,169. Its solvency ranks better than 69% of 1308 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency88
Growth-
Track record67
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.37; short-term debt: 36.6% of total assets), and 36.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-04-2026, 273 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
273 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 273 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 November 2023, TRANSCOLORS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€31,669
Total assets
€49,922
Net result
€29,169
Working capital
€24,944

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €49,922
Fixed assets €6,725
Current assets €43,197
Equity and liabilities €49,922
Equity €31,669
Debt €18,253
Debt finances 36.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€36,395
Cash flow
€29,194
Current ratio
2.37
Debt to equity
0.58
ROE
92.1%
ROA
58.4%
Debt ≤ 1 year
€18,253
Income taxes
€7,292

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 28 lines
Balance sheet Code2024
Assets
Total assets20/58€49,922
Fixed assets21/28€6,725
Tangible fixed assets22/27€6,725
Furniture and vehicles24€6,725
Current assets29/58€43,197
Amounts receivable within one year40/41€43,197
Trade receivables40€5,622
Other amounts receivable41€37,575
Equity and liabilities
Total equity and liabilities10/49€49,922
Equity10/15€31,669
Contributions10/11€2,500
Profit (loss) carried forward14€29,169
Amounts payable17/49€18,253
Amounts payable within one year42/48€18,253
Trade debts44€9,619
Suppliers440/4€9,619
Taxes, remuneration and social security45€8,635
Taxes450/3€8,635
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25
Gross operating margin9900€36,395
Operating profit (loss)9901€36,370
Financial income75/76B€91
Recurring financial income75€91
Profit (loss) for the period before taxes9903€36,461
Income taxes67/77€7,292
Profit (loss) for the period9904€29,169
Profit (loss) for the period to be appropriated9905€29,169
Appropriation of the result
Profit (loss) to be appropriated9906€29,169

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25
Gross operating margin9900€36,395
Operating profit (loss)9901€36,370
Financial income75/76B€91
Recurring financial income75€91
Profit (loss) for the period before taxes9903€36,461
Income taxes67/77€7,292
Profit (loss) for the period9904€29,169
Profit (loss) for the period to be appropriated9905€29,169
Line2024
Assets
Total assets20/58€49,922
Fixed assets21/28€6,725
Tangible fixed assets22/27€6,725
Furniture and vehicles24€6,725
Current assets29/58€43,197
Amounts receivable within one year40/41€43,197
Trade receivables40€5,622
Other amounts receivable41€37,575
Equity and liabilities
Total equity and liabilities10/49€49,922
Equity10/15€31,669
Contributions10/11€2,500
Profit (loss) carried forward14€29,169
Amounts payable17/49€18,253
Amounts payable within one year42/48€18,253
Trade debts44€9,619
Suppliers440/4€9,619
Taxes, remuneration and social security45€8,635
Taxes450/3€8,635
Line2024
Profit (loss) for the period9904€29,169
+ Depreciation and write-downs630€25
Operating cash flow (approximation)€29,194

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 273 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,513 m²
Building footprint
623 m²
Volume, LiDAR
8,425 m³
2 parcels, Brussels, Flanders · tallest building 22.0 m, ±5 floors. Linked by address, not a title deed.
199 companies at this address See who is registered here
1 establishment unit
TRANSCOLORS
Louis Delhovestraat 14, 1083 GanshorenWarehousing and support activities for transportation
since 20232.357.940.831
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0399/00M025 Flanders 1,424 m² 1 · 561 m² 22.0 m · 5 fl.
21392B0041/00N002 Brussels 90 m² 1 · 62 m² 12.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 1,019 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002458574
Registered 12-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.