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 €803,743 and a net result of €86,121. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 1885 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 €55,000 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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 11 July (4 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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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 company by total assets in Pittem, Transport and storage sector#8 company by equity in Pittem, Transport and storage sector#10 fastest grower in Pittem
Equity
€803,743▲ 12.0%
2024 · €717,621
Total assets
€2.5m▲ 14.1%
2024 · €2.2m
Net result
€86,121▼ 11.8%
2024 · €97,635
Working capital
€366,854▲ 13.4%
2024 · €323,403
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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€115,475▼ 4.2%€122,726▲ 6.3%€171,172▲ 39.5%€171,556▲ 0.2%€142,293▼ 17.1%
Net result€84,745within the sector's middle half▼ 13.3%€93,305within the sector's middle half▲ 10.1%€108,274within the sector's middle half▲ 16.0%€97,635within the sector's middle half▼ 9.8%€86,121within the sector's middle half▼ 11.8%
Equity€418,408within the sector's middle half▲ 25.4%€511,712within the sector's middle half▲ 22.3%€619,986within the sector's middle half▲ 21.2%€717,621within the sector's middle half▲ 15.7%€803,743above the sector's middle half▲ 12.0%
Total assets€1.6mwithin the sector's middle half▼ 3.5%€2.0mwithin the sector's middle half▲ 24.5%€2.0mwithin the sector's middle half▲ 2.4%€2.2mwithin the sector's middle half▲ 6.5%€2.5mabove the sector's middle half▲ 14.1%
Debt€1.2m▼ 11.8%€1.5m▲ 25.6%€1.4m▼ 3.9%€1.4m▲ 2.7%€1.7m▲ 15.1%
Working capital€164,249within the sector's middle half▲ 416%€255,716within the sector's middle half▲ 55.7%€307,805within the sector's middle half▲ 20.4%€323,403within the sector's middle half▲ 5.1%€366,854above the sector's middle half▲ 13.4%
Solvency26.3%within the sector's middle half▲ 6.1pp25.9%within the sector's middle half▼ 0.5pp30.6%within the sector's middle half▲ 4.7pp33.2%within the sector's middle half▲ 2.7pp32.6%within the sector's middle half▼ 0.6pp
Current ratio1.27within the sector's middle half▲ 0.221.33within the sector's middle half▲ 0.061.40within the sector's middle half▲ 0.071.43within the sector's middle half▲ 0.021.39within the sector's middle half▼ 0.03
Return on assets (ROA)5.3%within the sector's middle half▼ 0.6pp4.7%within the sector's middle half▼ 0.6pp5.3%within the sector's middle half▲ 0.6pp4.5%within the sector's middle half▼ 0.8pp3.5%within the sector's middle half▼ 1.0pp
Staff (FTE)12.7within the sector's middle half▲ 8.5%12.4within the sector's middle half▼ 2.4%12.8within the sector's middle half▲ 3.2%0below the sector's middle half▼ 100%13.6within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
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 €2.5m
Fixed assets
€1.2m ▲ 8.2%
Current assets
€1.3m ▲ 20.1%
Equity and liabilities €2.5m
Equity
€803,743 ▲ 12.0%
Provisions
€6,574 ▲ 49.2%
Debt
€1.7m ▲ 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
€503,877▲
2024 · €478,637
Cash flow
€447,706▲
2024 · €404,716
Quick ratio
1.36▼
2024 · 1.41
Debt to equity
2.06▲
2024 · 2.00
ROE
10.7%▼
2024 · 13.6%
Interest coverage
14.48▼
2024 · 15.38
Debt ≤ 1 year
€930,644▲
2024 · €757,379
Debt > 1 year
€723,211▲
2024 · €679,593
Income taxes
€26,523▼
2024 · €48,336
Staff costs
€1.1m▼
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €107,120 | €11,000 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €733,001 | €807,240 | €941,433 | €1.2m | €1.1m | ▼ 8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €290,957 | €302,848 | €312,207 | €307,081 | €361,585 | ▲ 17.7% |
| Other operating charges640/8 | €141,932 | €145,812 | €155,928 | €228,103 | €199,313 | ▼ 12.6% |
| Gross operating margin9900 | €1.3m | €1.4m | €1.6m | €1.9m | €1.8m | ▼ 5.3% |
| Operating profit (loss)9901 | €115,475 | €122,726 | €171,172 | €171,556 | €142,293 | ▼ 17.1% |
| Financial income75/76B | €326 | €13 | €619 | €1,967 | €7,310 | ▲ 272% |
| Recurring financial income75 | €326 | €13 | €619 | €1,967 | €7,310 | ▲ 272% |
| Financial charges65/66B | €14,968 | €14,659 | €23,703 | €31,111 | €34,792 | ▲ 11.8% |
| Recurring financial charges65 | €14,968 | €14,659 | €23,703 | €31,111 | €34,792 | ▲ 11.8% |
| Profit (loss) for the period before taxes9903 | €100,833 | €108,079 | €148,088 | €142,411 | €114,811 | ▼ 19.4% |
| Transfer from deferred taxes780 | €3,120 | €3,153 | €3,560 | €3,560 | €3,633 | ▲ 2.1% |
| Transfer to deferred taxes680 | €15,600 | €2,200 | €0 | - | €5,800 | - |
| Income taxes67/77 | €3,607 | €15,727 | €43,375 | €48,336 | €26,523 | ▼ 45.1% |
| Profit (loss) for the period9904 | €84,745 | €93,305 | €108,274 | €97,635 | €86,121 | ▼ 11.8% |
| Transfer from tax-exempt reserves789 | €12,480 | €12,610 | €14,240 | €14,240 | €14,532 | ▲ 2.1% |
| Transfer to tax-exempt reserves689 | €62,400 | €8,800 | €0 | - | €23,200 | - |
| Profit (loss) for the period to be appropriated9905 | €34,825 | €97,115 | €122,514 | €111,875 | €77,454 | ▼ 30.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €2.0m | €2.0m | €2.2m | €2.5m | ▲ 14.1% |
| Fixed assets21/28 | €819,164 | €957,512 | €956,760 | €1.1m | €1.2m | ▲ 8.2% |
| Tangible fixed assets22/27 | €819,164 | €957,512 | €956,760 | €1.1m | €1.2m | ▲ 8.2% |
| Land and buildings22 | €59,850 | €147,742 | €167,633 | €155,749 | €143,864 | ▼ 7.6% |
| Plant, machinery and equipment23 | €35,027 | €24,825 | €16,388 | €7,951 | €1,337 | ▼ 83.2% |
| Furniture and vehicles24 | €724,287 | €784,945 | €535,341 | €453,587 | €545,386 | ▲ 20.2% |
| Leasing and similar rights25 | - | - | €237,397 | €460,932 | €476,087 | ▲ 3.3% |
| Current assets29/58 | €770,594 | €1.0m | €1.1m | €1.1m | €1.3m | ▲ 20.1% |
| Amounts receivable after more than one year29 | €2,850 | €2,850 | €0 | - | - | - |
| Other amounts receivable291 | €2,850 | €2,850 | €0 | - | - | - |
| Stocks and contracts in progress3 | €12,495 | €10,679 | €1,602 | €14,520 | €31,443 | ▲ 117% |
| Stocks30/36 | €12,495 | €10,679 | €1,602 | €14,520 | €31,443 | ▲ 117% |
| Amounts receivable within one year40/41 | €526,496 | €645,917 | €743,268 | €575,115 | €383,354 | ▼ 33.3% |
| Trade receivables40 | €500,732 | €547,846 | €679,797 | €505,719 | €344,509 | ▼ 31.9% |
| Other amounts receivable41 | €25,765 | €98,071 | €63,471 | €69,396 | €38,845 | ▼ 44.0% |
| Current investments50/53 | - | - | - | €150,898 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €222,475 | €355,878 | €319,585 | €337,639 | €882,702 | ▲ 161% |
| Deferred charges and accrued income490/1 | €6,277 | €6,277 | €6,277 | €2,611 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €2.0m | €2.0m | €2.2m | €2.5m | ▲ 14.1% |
| Equity10/15 | €418,408 | €511,712 | €619,986 | €717,621 | €803,743 | ▲ 12.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €398,408 | €491,712 | €599,986 | €697,621 | €783,743 | ▲ 12.3% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €0 | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €0 | - | - |
| Tax-exempt reserves132 | €81,670 | €77,860 | €63,620 | €49,380 | €58,047 | ▲ 17.6% |
| Distributable reserves133 | €314,738 | €411,853 | €534,367 | €648,242 | €725,695 | ▲ 11.9% |
| Provisions and deferred taxes16 | €12,480 | €11,527 | €7,967 | €4,407 | €6,574 | ▲ 49.2% |
| Deferred taxes168 | €12,480 | €11,527 | €7,967 | €4,407 | €6,574 | ▲ 49.2% |
| Amounts payable17/49 | €1.2m | €1.5m | €1.4m | €1.4m | €1.7m | ▲ 15.1% |
| Amounts payable after more than one year17 | €552,526 | €689,988 | €636,611 | €679,593 | €723,211 | ▲ 6.4% |
| Financial debts170/4 | €552,526 | €689,988 | €636,611 | €679,593 | €723,211 | ▲ 6.4% |
| Trade debts175 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €606,345 | €765,886 | €762,927 | €757,379 | €930,644 | ▲ 22.9% |
| Current portion of amounts payable after more than one year42 | €250,778 | €303,112 | €306,012 | €338,114 | €347,225 | ▲ 2.7% |
| Trade debts44 | €269,689 | €362,141 | €330,253 | €278,479 | €416,823 | ▲ 49.7% |
| Suppliers440/4 | €269,689 | €362,141 | €330,253 | €278,479 | €416,823 | ▲ 49.7% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €83,805 | €97,845 | €126,663 | €140,786 | €140,907 | ▲ 0.1% |
| Taxes450/3 | €9,263 | €16,656 | €23,733 | €28,454 | €37,609 | ▲ 32.2% |
| Remuneration and social security454/9 | €74,542 | €81,189 | €102,930 | €112,332 | €103,298 | ▼ 8.0% |
| Other amounts payable47/48 | €2,072 | €2,788 | €0 | - | €25,690 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,745 | €93,305 | €108,274 | €97,635 | €86,121 | ▼ 11.8% |
| + Depreciation and write-downs630 | €290,957 | €302,848 | €312,207 | €307,081 | €361,585 | ▲ 17.7% |
| Operating cash flow (approximation) | €375,703 | €396,152 | €420,480 | €404,716 | €447,706 | ▲ 10.6% |
| Investment in fixed assets (approximation) | - | -€441,195 | -€311,455 | -€428,540 | -€450,040 | ▼ 5.0% |
| Change in cash | - | €133,403 | -€36,294 | €18,054 | €545,063 | ▲ 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 €500,000Eq €511,712 ▲22.3%
5 profitable years in a row build equity to €511,712.
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 €134,070 ▲215%
Net result €134,070, the highest in the series.
31-12
Financial
Equity above €200,000Eq €235,967 ▲45.8%
2 profitable years in a row build equity to €235,967.
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 10,867 EUR awarded · 11,343 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 144 EUR | 144 EUR |
| 2024 | 1 | 845 EUR | 845 EUR |
| 2023 | 2 | 9,396 EUR | 9,872 EUR |
| 2022 | 1 | 482 EUR | 482 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 sitePittem2.084.180.701
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ETABLISSEMENTS NADIN
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 4,482 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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461828678
Also
9925:BE0461828678
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.