TRANSDEMA
ActiveSummary
TRANSDEMA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €804k and a net result of €86k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 1865 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-1
Solvency58=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.43 in 2024; short-term debt: 37.8% and cash: 35.8% of total assets), and 67.4% of the assets are financed with debt.
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Signals
Four 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.6%
Return on assets
3.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
60 d late
2023
16 d early
2022
20 d early
2021
24 d early
2020
26 d late
2019
14 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€804k▲ 12.0%
2024 · €718k
Total assets
€2.46M▲ 14.1%
2024 · €2.16M
Net result
€86k▼ 11.8%
2024 · €98k
Working capital
€367k▲ 13.4%
2024 · €323k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€115k▼ 4.2%€123k▲ 6.3%€171k▲ 39.5%€172k▲ 0.2%€142k▼ 17.1%
Net result€85k▼ 13.3%€93k▲ 10.1%€108k▲ 16.0%€98k▼ 9.8%€86k▼ 11.8%
Equity€418k▲ 25.4%€512k▲ 22.3%€620k▲ 21.2%€718k▲ 15.7%€804k▲ 12.0%
Total assets€1.59M▼ 3.5%€1.98M▲ 24.5%€2.03M▲ 2.4%€2.16M▲ 6.5%€2.46M▲ 14.1%
Debt€1.16M▼ 11.8%€1.46M▲ 25.6%€1.40M▼ 3.9%€1.44M▲ 2.7%€1.65M▲ 15.1%
Working capital€164k▲ 416%€256k▲ 55.7%€308k▲ 20.4%€323k▲ 5.1%€367k▲ 13.4%
Staff (FTE)12.7▲ 8.5%12.4▼ 2.4%12.8▲ 3.2%0▼ 100%13.6
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.46M
Fixed assets
€1.17M ▲ 8.2%
Current assets
€1.30M ▲ 20.1%
Equity and liabilities €2.46M
Equity
€804k ▲ 12.0%
Provisions
€7k ▲ 49.2%
Debt
€1.65M ▲ 15.1%
Debt's share of the balance-sheet total rises from 66.6% to 67.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€504k▲
2024 · €479k
Cash flow
€448k▲
2024 · €405k
Current ratio
1.39▼
2024 · 1.43
Quick ratio
1.36▼
2024 · 1.41
Debt to equity
2.06▲
2024 · 2.00
ROE
10.7%▼
2024 · 13.6%
ROA
3.5%▼
2024 · 4.5%
Interest coverage
14.48▼
2024 · 15.38
Debt ≤ 1 year
€931k▲
2024 · €757k
Debt > 1 year
€723k▲
2024 · €680k
Income taxes
€27k▼
2024 · €48k
Staff costs
€1.06M▼
2024 · €1.16M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €107k | €11k | €0 | - | - | - |
| Remuneration, social security and pensions62 | €733k | €807k | €941k | €1.16M | €1.06M | ▼ 8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €291k | €303k | €312k | €307k | €362k | ▲ 17.7% |
| Other operating charges640/8 | €142k | €146k | €156k | €228k | €199k | ▼ 12.6% |
| Gross operating margin9900 | €1.28M | €1.38M | €1.58M | €1.86M | €1.76M | ▼ 5.3% |
| Operating profit (loss)9901 | €115k | €123k | €171k | €172k | €142k | ▼ 17.1% |
| Financial income75/76B | €326 | €13 | €619 | €2k | €7k | ▲ 272% |
| Recurring financial income75 | €326 | €13 | €619 | €2k | €7k | ▲ 272% |
| Financial charges65/66B | €15k | €15k | €24k | €31k | €35k | ▲ 11.8% |
| Recurring financial charges65 | €15k | €15k | €24k | €31k | €35k | ▲ 11.8% |
| Profit (loss) for the period before taxes9903 | €101k | €108k | €148k | €142k | €115k | ▼ 19.4% |
| Transfer from deferred taxes780 | €3k | €3k | €4k | €4k | €4k | ▲ 2.1% |
| Transfer to deferred taxes680 | €16k | €2k | €0 | - | €6k | - |
| Income taxes67/77 | €4k | €16k | €43k | €48k | €27k | ▼ 45.1% |
| Profit (loss) for the period9904 | €85k | €93k | €108k | €98k | €86k | ▼ 11.8% |
| Transfer from tax-exempt reserves789 | €12k | €13k | €14k | €14k | €15k | ▲ 2.1% |
| Transfer to tax-exempt reserves689 | €62k | €9k | €0 | - | €23k | - |
| Profit (loss) for the period to be appropriated9905 | €35k | €97k | €123k | €112k | €77k | ▼ 30.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.59M | €1.98M | €2.03M | €2.16M | €2.46M | ▲ 14.1% |
| Fixed assets21/28 | €819k | €958k | €957k | €1.08M | €1.17M | ▲ 8.2% |
| Tangible fixed assets22/27 | €819k | €958k | €957k | €1.08M | €1.17M | ▲ 8.2% |
| Land and buildings22 | €60k | €148k | €168k | €156k | €144k | ▼ 7.6% |
| Plant, machinery and equipment23 | €35k | €25k | €16k | €8k | €1k | ▼ 83.2% |
| Furniture and vehicles24 | €724k | €785k | €535k | €454k | €545k | ▲ 20.2% |
| Leasing and similar rights25 | - | - | €237k | €461k | €476k | ▲ 3.3% |
| Current assets29/58 | €771k | €1.02M | €1.07M | €1.08M | €1.30M | ▲ 20.1% |
| Amounts receivable after more than one year29 | €3k | €3k | €0 | - | - | - |
| Other amounts receivable291 | €3k | €3k | €0 | - | - | - |
| Stocks and contracts in progress3 | €12k | €11k | €2k | €15k | €31k | ▲ 117% |
| Stocks30/36 | €12k | €11k | €2k | €15k | €31k | ▲ 117% |
| Amounts receivable within one year40/41 | €526k | €646k | €743k | €575k | €383k | ▼ 33.3% |
| Trade receivables40 | €501k | €548k | €680k | €506k | €345k | ▼ 31.9% |
| Other amounts receivable41 | €26k | €98k | €63k | €69k | €39k | ▼ 44.0% |
| Current investments50/53 | - | - | - | €151k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €222k | €356k | €320k | €338k | €883k | ▲ 161% |
| Deferred charges and accrued income490/1 | €6k | €6k | €6k | €3k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.59M | €1.98M | €2.03M | €2.16M | €2.46M | ▲ 14.1% |
| Equity10/15 | €418k | €512k | €620k | €718k | €804k | ▲ 12.0% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €398k | €492k | €600k | €698k | €784k | ▲ 12.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €82k | €78k | €64k | €49k | €58k | ▲ 17.6% |
| Distributable reserves133 | €315k | €412k | €534k | €648k | €726k | ▲ 11.9% |
| Provisions and deferred taxes16 | €12k | €12k | €8k | €4k | €7k | ▲ 49.2% |
| Deferred taxes168 | €12k | €12k | €8k | €4k | €7k | ▲ 49.2% |
| Amounts payable17/49 | €1.16M | €1.46M | €1.40M | €1.44M | €1.65M | ▲ 15.1% |
| Amounts payable after more than one year17 | €553k | €690k | €637k | €680k | €723k | ▲ 6.4% |
| Financial debts170/4 | €553k | €690k | €637k | €680k | €723k | ▲ 6.4% |
| Trade debts175 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €606k | €766k | €763k | €757k | €931k | ▲ 22.9% |
| Current portion of amounts payable after more than one year42 | €251k | €303k | €306k | €338k | €347k | ▲ 2.7% |
| Trade debts44 | €270k | €362k | €330k | €278k | €417k | ▲ 49.7% |
| Suppliers440/4 | €270k | €362k | €330k | €278k | €417k | ▲ 49.7% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €84k | €98k | €127k | €141k | €141k | ▲ 0.1% |
| Taxes450/3 | €9k | €17k | €24k | €28k | €38k | ▲ 32.2% |
| Remuneration and social security454/9 | €75k | €81k | €103k | €112k | €103k | ▼ 8.0% |
| Other amounts payable47/48 | €2k | €3k | €0 | - | €26k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85k | €93k | €108k | €98k | €86k | ▼ 11.8% |
| + Depreciation and write-downs630 | €291k | €303k | €312k | €307k | €362k | ▲ 17.7% |
| Operating cash flow (approximation) | €376k | €396k | €420k | €405k | €448k | ▲ 10.6% |
| Investment in fixed assets (approximation) | - | €-441k | €-311k | €-429k | €-450k | ▼ 5.0% |
| Change in cash | - | €133k | €-36k | €18k | €545k | ▲ 2,919% |
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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €512k ▲22.3%
5 profitable years in a row build equity to €512k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €134k ▲215%
Net result €134k, the highest in the series.
31-12
Financial
Equity above €200kEq €236k ▲45.8%
2 profitable years in a row build equity to €236k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Pittem · 1 establishment unit since 1999
Ground area
6,402 m²
Building footprint
275 m²
Volume, LiDAR
1,287 m³
Parcel 37003B1056/00B000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Grootveldstraat 17, 8740 Pittem
since 19992.084.180.701
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37003B1056/00B000 | Flanders | 6,402 m² | 1 · 275 m² | 8.8 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePittem2.084.180.701
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DE WEST-HOEK
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MANOH
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ETABLISSEMENTS NADIN
BE 0446.206.730
Arlon · Eq €802,009
Of 12,585 companies in sector 49410 we hold annual accounts for 8,198. 4,478 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
Founded05-11-1997
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
43120Site preparation
77310Rental and leasing activities
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.