TRANSDAL
ActiveSummary
The computed 12-month bankruptcy probability of TRANSDAL is 1.7% (moderate). The 2025 annual accounts show negative equity (-€153,646) and a net result of €1,006. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 13617 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+20
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.02 in 2024; cash: 2.5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
Return on assets
7.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 13617 sector peers (2025).
NBB · sector comparisonPosition among 13617 sector peers
Solvency
better than 5%
← 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 27-08-2026, 27 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
27 d late
2024
13 d late
2023
28 d late
2022
7 d late
2021
25 d late
2020
59 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 25 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€153,646▲ 0.7%
2024 · -€154,652
Total assets
€13,057▼ 10.1%
2024 · €14,530
Net result
€1,006
2024 · -€1,214
Working capital
-€163,107▲ 1.4%
2024 · -€165,361
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,409▼ 77.4%-€6,859-€11,843▼ 72.7%-€1,159▲ 90.2%€937
Net result€1,723within the sector's middle half▼ 82.8%-€7,291within the sector's middle half-€11,974below the sector's middle half▼ 64.2%-€1,214within the sector's middle half▲ 89.9%€1,006within the sector's middle half
Equity-€134,173below the sector's middle half▲ 1.3%-€141,464below the sector's middle half▼ 5.4%-€153,438below the sector's middle half▼ 8.5%-€154,652below the sector's middle half▼ 0.8%-€153,646below the sector's middle half▲ 0.7%
Total assets€21,014below the sector's middle half▼ 36.8%€14,116below the sector's middle half▼ 32.8%€14,064below the sector's middle half▼ 0.4%€14,530below the sector's middle half▲ 3.3%€13,057below the sector's middle half▼ 10.1%
Debt€155,187▼ 8.2%€155,580▲ 0.3%€167,502▲ 7.7%€169,182▲ 1.0%€166,703▼ 1.5%
Working capital-€149,401below the sector's middle half▲ 3.0%-€153,176below the sector's middle half▼ 2.5%-€166,332below the sector's middle half▼ 8.6%-€165,361below the sector's middle half▲ 0.6%-€163,107below the sector's middle half▲ 1.4%
Solvency-638.5%below the sector's middle half▼ 229.5pp
Current ratio0.03below the sector's middle half▼ 0.050.02below the sector's middle half▼ 0.010.01below the sector's middle half▼ 0.010.02below the sector's middle half▲ 0.020.02below the sector's middle half=
Return on assets (ROA)8.2%within the sector's middle half▼ 22.0pp-51.7%below the sector's middle half▼ 59.8pp-85.1%below the sector's middle half▼ 33.5pp-8.4%below the sector's middle half▲ 76.8pp7.7%within the sector's middle half▲ 16.1pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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: €937 after a loss of €1,159 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13,057
Fixed assets
€9,461 ▼ 11.7%
Current assets
€3,596 ▼ 5.9%
Key figures and ratios
EBITDA
€5,594▲
2024 · €3,712
Cash flow
€5,663▲
2024 · €3,657
Debt to equity
-1.08▲
2024 · -1.09
Interest coverage
25.66▼
2024 · 49.49
Debt ≤ 1 year
€166,703▼
2024 · €169,182
A ratio outside any meaningful range has been withheld (balance sheet total €13,057, equity -€153,646).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 3,795 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,679 | €5,184 | €4,956 | €4,871 | €4,657 | ▼ 4.4% |
| Other operating charges640/8 | €937 | €694 | €519 | €900 | €520 | ▼ 42.2% |
| Gross operating margin9900 | €9,025 | -€981 | -€6,368 | €4,612 | €6,114 | ▲ 32.6% |
| Operating profit (loss)9901 | €2,409 | -€6,859 | -€11,843 | -€1,159 | €937 | ▲ 181% |
| Financial income75/76B | €8 | €10 | €28 | €20 | €287 | ▲ 1,335% |
| Recurring financial income75 | €8 | €10 | €28 | €20 | €287 | ▲ 1,335% |
| Financial charges65/66B | €509 | €442 | €159 | €75 | €218 | ▲ 191% |
| Recurring financial charges65 | €239 | €442 | €159 | €75 | €218 | ▲ 191% |
| Non-recurring financial charges66B | €270 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1,908 | -€7,291 | -€11,974 | -€1,214 | €1,006 | ▲ 183% |
| Income taxes67/77 | €185 | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,723 | -€7,291 | -€11,974 | -€1,214 | €1,006 | ▲ 183% |
| Profit (loss) for the period to be appropriated9905 | €1,723 | -€7,291 | -€11,974 | -€1,214 | €1,006 | ▲ 183% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,014 | €14,116 | €14,064 | €14,530 | €13,057 | ▼ 10.1% |
| Fixed assets21/28 | €16,715 | €11,712 | €12,894 | €10,709 | €9,461 | ▼ 11.7% |
| Tangible fixed assets22/27 | €14,800 | €11,712 | €12,894 | €10,709 | €9,461 | ▼ 11.7% |
| Plant, machinery and equipment23 | €228 | - | - | - | - | - |
| Furniture and vehicles24 | €2,022 | €1,656 | €1,290 | €924 | €559 | ▼ 39.5% |
| Other tangible fixed assets26 | €12,550 | €10,056 | €11,604 | €9,785 | €8,902 | ▼ 9.0% |
| Financial fixed assets28 | €1,915 | - | - | - | - | - |
| Current assets29/58 | €4,299 | €2,404 | €1,170 | €3,821 | €3,596 | ▼ 5.9% |
| Amounts receivable within one year40/41 | €1,052 | €760 | €721 | €1,438 | €1,739 | ▲ 20.9% |
| Trade receivables40 | €116 | - | - | €1,438 | €1,739 | ▲ 20.9% |
| Other amounts receivable41 | €936 | €760 | €721 | - | - | - |
| Cash at bank and in hand54/58 | €1,824 | €199 | €449 | €866 | €329 | ▼ 62.0% |
| Deferred charges and accrued income490/1 | €1,423 | €1,445 | - | €1,517 | €1,528 | ▲ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,014 | €14,116 | €14,064 | €14,530 | €13,057 | ▼ 10.1% |
| Equity10/15 | -€134,173 | -€141,464 | -€153,438 | -€154,652 | -€153,646 | ▲ 0.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€152,765 | -€160,056 | -€172,030 | -€173,244 | -€172,238 | ▲ 0.6% |
| Amounts payable17/49 | €155,187 | €155,580 | €167,502 | €169,182 | €166,703 | ▼ 1.5% |
| Amounts payable after more than one year17 | €1,487 | - | - | - | - | - |
| Other amounts payable178/9 | €1,487 | - | - | - | - | - |
| Amounts payable within one year42/48 | €153,700 | €155,580 | €167,502 | €169,182 | €166,703 | ▼ 1.5% |
| Financial debts43 | €26,687 | - | - | - | - | - |
| Other loans439 | €26,687 | - | - | - | - | - |
| Trade debts44 | €7,977 | €7,277 | €7,332 | €5,702 | €5,728 | ▲ 0.5% |
| Suppliers440/4 | €7,977 | €7,277 | €7,332 | €5,702 | €5,728 | ▲ 0.5% |
| Taxes, remuneration and social security45 | €185 | €600 | - | €183 | €273 | ▲ 49.2% |
| Taxes450/3 | €185 | €600 | - | €183 | €273 | ▲ 49.2% |
| Other amounts payable47/48 | €118,851 | €147,703 | €160,170 | €163,297 | €160,702 | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,723 | -€7,291 | -€11,974 | -€1,214 | €1,006 | ▲ 183% |
| + Depreciation and write-downs630 | €5,679 | €5,184 | €4,956 | €4,871 | €4,657 | ▼ 4.4% |
| Operating cash flow (approximation) | €7,402 | -€2,107 | -€7,018 | €3,657 | €5,663 | ▲ 54.9% |
| Investment in fixed assets (approximation) | - | -€181 | -€6,138 | -€2,686 | -€3,409 | ▼ 26.9% |
| Change in cash | - | -€1,625 | €250 | €417 | -€537 | ▼ 229% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €1,006
Net result €1,006 after 3 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€11,974
Net result drops to -€11,974, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Highest result since 2018net €10,036 ▲481%
Operating result €10,680, net result €10,036, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 1996
Ground area
141 m²
Building footprint
141 m²
Volume, LiDAR
1,548 m³
Parcel 11807G0195/00H012, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Crumbles & Beans
since 19962.075.741.503
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0195/00H012 | Flanders | 141 m² | 1 · 141 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 57 EUR awarded · 57 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 57 EUR | 57 EUR |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-1996
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46900Non-specialised wholesale trade
74301Translation services
Contact
E-mail
transdal@telenet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457345892
Also
9925:BE0457345892
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.