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TRANSFAR CHEMICAL

Active
Private limited companyfounded 2015active for 11 yearsQuellinstraat 49, 2018 Antwerpen, BelgiumKBO/BCE: BE 0641.834.746
Summary

TRANSFAR CHEMICAL has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€694,061) and a net result of €196,612. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 6% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-10-2015 Normal situation
Registered office
97 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Wholesale of industrial chemicals NACE 46851
Establishment unit
2.247.156.735 2018 Antwerpen, since 23-10-2015
Financial year end
31 December
Peppol
Reachable since 08-01-2026

Board and ownership

Board
Shareholders
  • Wynca (Hong Kong) Limitedannual accounts 2025
  • Transfar International Group Ltdannual accounts 2025

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Turnover
€6.3m
▼ 32.3%
Profit
€196,612
Equity
-€694,061
▲ 22.1%
Total assets
€6.3m
▼ 38.4%
Employees on 31-12-2025
1
=
  • Negative equity on 31-12-2025
Filed on 08-06-2026, 53 days before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€694,061lowers riskSize: turnover €6.3m, 1 FTE, total assets €6.3mFounded in 2015Figures for financial year 2025 (filed on 08-06-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 30% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 14-2
equity -10.9% of total assets
Liquidity 15-1
short-term debt 110.9% · cash 11.8%
Profitability 60+60
return on assets 3.1%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +1.7 percentage points vs 07-2025 09-2025: 2.1%● unchanged vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.0%▼ -0.1 percentage points vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.2%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.5%▼ -1.7 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.9 (0.92 in 2024), below 1. Short-term debt is 110.9% and cash 11.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 14% of them on solvency, 15% on liquidity, 44% on profitability and 45% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€694,061
NBB · annual accounts
lowers risk · Size: turnover €6.3m, 1 FTE, total assets €6.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 08-06-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 6167 sector peers (2025).
NBB · sector comparison
Position among 6167 sector peers
Solvency
better than 6%
← weakest strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
3 days early
2023
11 days early
2022
32 days early
2021
53 days early
2020
23 days early
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€694,061 View
  • Caution: Less equity than 95% of companies in wholesale tradesector median €1.6m · 6,099 companies -€694,061 View
  • Positive: Back in profit in 2025after a loss of €1.8m in 2024 €196,612 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Resignations: QU Yaping (director) and WANG Zidao (director)Appointment: XU Feng (director)
  2. · Gazette deed Resignation: Zhu Jun (director)Appointment: Zhou Hongliang (director)
  3. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
All 20 events

Comparable companies

These companies have the same main activity as TRANSFAR CHEMICAL: wholesale of industrial chemicals (NACE 46851). They are comparable in size and age: total assets between €3.4m and €13m, founded between 2008 and 2019.

CompanyTotal assetsTurnover
TRANSFAR CHEMICAL Antwerpen€6.3m€6.3m
Ascensus Specialties Brussel€12.5m€10.8m
Sudarshan Belgium SLO Sint-Pieters-Woluwe€7.8m€11.8m
BELCHEM SOLUTIONS Sint-Lambrechts-Woluwe€11.4m€16.5m
CONTINENTAL CARBON COMPANY EUROPE Wavre€6.8m€22.3m
bECO2 Beveren-Kruibeke-Zwijndrecht€9.2m€2.7m
BLOOMCHEMAG Mol€3.4m€12.7m
Full comparison

Key facts about TRANSFAR CHEMICAL

What is the company number of TRANSFAR CHEMICAL?
The company number of TRANSFAR CHEMICAL is 0641.834.746. The VAT number is the same number with BE in front: BE 0641.834.746.
Where is TRANSFAR CHEMICAL based?
The registered office is at Quellinstraat 49, 2018 Antwerpen.Company details
What does TRANSFAR CHEMICAL do?
According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
What is the legal form of TRANSFAR CHEMICAL?
The legal form of TRANSFAR CHEMICAL is Private limited company (BV).
When was TRANSFAR CHEMICAL founded?
TRANSFAR CHEMICAL was founded on 23-10-2015.
Is TRANSFAR CHEMICAL still active?
Yes, TRANSFAR CHEMICAL is an active enterprise in the KBO register.
How many employees does TRANSFAR CHEMICAL have?
TRANSFAR CHEMICAL had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TRANSFAR CHEMICAL?
The turnover of TRANSFAR CHEMICAL was €6.3m in financial year 2025, according to the filed annual accounts.
Is TRANSFAR CHEMICAL profitable?
In financial year 2025, TRANSFAR CHEMICAL made a profit of €196,612.
Where can I find the annual accounts of TRANSFAR CHEMICAL?
TRANSFAR CHEMICAL filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRANSFAR CHEMICAL due?
TRANSFAR CHEMICAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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