Equity
-€99,123
Debts exceed assets in financial year 2025.
Transfluvia
Lifetime
20 annual accounts with figures on one time axis, 48 filings since 1977peak €1.1m (2006)
€199,311▼ 4.3%
lowest -€409,424 (2022)
€4,753▼ 74.1%
peak €2.3m (2016)
-€99,123▲ €4,753
€41,334▼ 48.7%
peak 16.4 FTE (2009)
3 FTEunchanged
Board4 names since 2018
3 directorsCUSTOMS CONSULTANCY and 2 others
Owners2 names in the annual accounts
99.61%STRYPSTEEN HOLDING
Documentsfilings and deeds
16-07-202615 days before the deadline
2025financial year
Result from €18,319 to €4,753Debts from €80,590 to €41,334
Key points
from the 2025 annual accountsTurnover
≈ €510,000 estimated
The accounts state no turnover.
Staff
3 FTE from 16.4 in 2009
Between 2009 and 2025, 82% of the full-time equivalents disappeared.
Liquidity
10.87 was 5.95 in 2024
Short-term debts fell from €80,590 to €41,334.
Filings
48 annual accounts since 1977
Five of the last ten came late. The 2017 accounts came latest: 30 days after the end of the period.
Position in the sector
-21.6%
Lower solvency than 95% of companies in warehousing and transport support. Sector median 37.5% · 865 companies.
Checked score
56
Fair
Financially stronger than 50% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025lowest value
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.8%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.7%▼ -0.1 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€99,123
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Liquidity: current ratio 10.87, cash €193,408
Founded in 1968
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 52, micro). It does better than 9% of them on solvency, 98% on liquidity, 45% on profitability and 48% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,449 companies had the same profile as Transfluvia has now. Each dot stands for 4 companies, two years later.
92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Transfluvia itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,449 companies, not a prediction for Transfluvia. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 10.87 (5.95 in 2024), above the usual 1.5. Short-term debt is 9% and cash 42.2% of total assets. However, equity is negative.
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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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 865 sector peers (2025).
NBB · sector comparisonPosition among 865 sector peers
Solvency
better than 5%
← 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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
20 days late
2023
12 days late
2022
7 days early
2021
26 days early
2020
24 days early
2019
27 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 2 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% 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 24 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- STRYPSTEEN HOLDING 99.61%equity €5.5m (2025) · 2025 annual accounts of STRYPSTEEN HOLDING
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0405517606
1 director appointed, 3 reappointments
Reappointments: Customs Consultancy, B&C Management and OLVICO · Permanent representatives: Nicolas STRYPSTEEN, Benoît STRYPSTEEN and Olivier STRYPSTEEN · Appointment: Customs Consultancy (managing director and chair of the board) · General meeting of 20-11-2023 · Gazette deed
New managing director and chair of the board
Customs Consultancy appointed, NIS MANAGEMENT resigned · Permanent representative: Nicolas STRYPSTEEN · Director discharge: NIS MANAGEMENT · General meeting of 11-12-2017 · Gazette deed
First establishment
TRANSFLUVIA NV, Lar k20, Menen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Transfluvia Menen | €458,232 | €199,311 | -21.6% | 3 |
| Van Sluys en Bayet Antwerp | €344,940 | €353,366 | -633.9% | 2.5 |
| VERING SHIPPING Beveren-Kruibeke-Zwijndrecht | €238,061 | €231,940 | 19.7% | 2.7 |
| PARTNER LOGISTIC La Louvière | €353,574 | €388,154 | 28.0% | 5 |
| Tejo - Duw Antwerp | €502,904 | €252,118 | 56.8% | 4.2 |
| WATSON GLOBAL LOGISTICS Antwerp | €595,924 | €174,915 | 7.1% | 1.8 |
| TRANSSERVICES Antwerp | €502,889 | €169,399 | -446.3% | 2.8 |
These companies have the same main activity as Transfluvia: logistics services (NACE 52250). They are comparable in size and age: total assets between €238,000 and €596,000, founded between 1950 and 1995.
Official details
Source: KBO- Status
- ActiveNormal situation
- Activity
- Logistics servicesNACE 52250and 2 others
- Establishment unit
- 2.142.792.3568930 Menen, since 16-02-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- €458,232▼ 7.0%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on Transfluvia
Transfluvia has existed since 1968. The gross margin fell from €928,429 in 2014 to €233,909 in 2017.
The gross margin has fallen every year since 2021.
STRYPSTEEN HOLDING holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Transfluvia
- What is the company number of Transfluvia?
- The company number of Transfluvia is 0405.517.606. The VAT number is the same number with BE in front: BE 0405.517.606.
- Where is Transfluvia based?
- The registered office is at Lar k20, 8930 Menen.Company details
- What does Transfluvia do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of Transfluvia?
- Transfluvia is a public limited company (NV).
- When was Transfluvia founded?
- Transfluvia was founded on 01-01-1968.
- Is Transfluvia still active?
- Yes, Transfluvia is an active enterprise in the KBO register.
- How many employees does Transfluvia have?
- Transfluvia had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Transfluvia?
- The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €199,311 and 1,649 comparable companies of the same size. It probably lies between €310,000 and €950,000. It is a rough estimate.
- Is Transfluvia profitable?
- In financial year 2025, Transfluvia made a profit of €4,753.
- Where can I find the annual accounts of Transfluvia?
- Transfluvia filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Transfluvia due?
- Transfluvia must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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