Transfluvia
ActiveSummary
Transfluvia has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-99k) and a net result of €5k. Equity is shrinking by ~37.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-3
Solvency3▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 10.87 against 5.95 in 2024; short-term debt: 9% and cash: 42.2% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
Solvency
-21.6%
Return on assets
1%
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 655 sector peers (2025).
NBB · sector comparisonPosition among 655 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 d early
2024
20 d late
2023
12 d late
2022
7 d early
2021
26 d early
2020
24 d early
2019
27 d late
← 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
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 74.1%
2024 · €18k
Working capital
€408k▲ 2.3%
2024 · €399k
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€110k€-408k€20k€20k▲ 0.9%€6k▼ 70.4%
Net result€108k€-409k€19k€18k▼ 3.0%€5k▼ 74.1%
Equity€268k▲ 67.4%€-141k€-122k▲ 13.4%€-104k▲ 15.0%€-99k▲ 4.6%
Total assets€779k▼ 39.9%€827k▲ 6.2%€489k▼ 40.9%€493k▲ 0.8%€458k▼ 7.0%
Debt€510k▼ 55.0%€452k▼ 11.4%€95k▼ 78.9%€81k▼ 15.3%€41k▼ 48.7%
Working capital€228k▲ 122%€344k▲ 51.4%€376k▲ 9.0%€399k▲ 6.1%€408k▲ 2.3%
Staff (FTE)4.5▼ 29.7%3.3▼ 26.7%3.1▼ 6.1%3▼ 3.2%3=
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €458k
Fixed assets
€9k ▼ 32.7%
Current assets
€449k ▼ 6.3%
Key figures and ratios
EBITDA
€10k▼
2024 · €25k
Cash flow
€9k▼
2024 · €23k
Solvency
-21.6%▼
2024 · -21.1%
Current ratio
10.87▲
2024 · 5.95
Debt to equity
-0.42▲
2024 · -0.78
ROA
1.0%▼
2024 · 3.7%
Interest coverage
6.59▼
2024 · 8.92
Debt ≤ 1 year
€41k▼
2024 · €81k
Staff costs
€188k▲
2024 · €182k
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €214k | €177k | €184k | €182k | €188k | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €16k | €12k | €5k | €4k | ▼ 5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €122 | €0 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €516k | €0 | - | - | - |
| Other operating charges640/8 | €4k | €3k | €2k | €2k | €1k | ▼ 32.0% |
| Gross operating margin9900 | €345k | €304k | €218k | €208k | €199k | ▼ 4.3% |
| Operating profit (loss)9901 | €110k | €-408k | €20k | €20k | €6k | ▼ 70.4% |
| Financial income75/76B | €823 | €1k | €378 | €844 | €331 | ▼ 60.8% |
| Recurring financial income75 | €823 | €1k | €378 | €844 | €331 | ▼ 60.8% |
| Financial charges65/66B | €2k | €3k | €2k | €3k | €2k | ▼ 43.4% |
| Recurring financial charges65 | €2k | €3k | €2k | €3k | €2k | ▼ 43.4% |
| Profit (loss) for the period before taxes9903 | €109k | €-409k | €19k | €18k | €5k | ▼ 74.1% |
| Income taxes67/77 | €557 | €190 | €0 | - | - | - |
| Profit (loss) for the period9904 | €108k | €-409k | €19k | €18k | €5k | ▼ 74.1% |
| Profit (loss) for the period to be appropriated9905 | €108k | €-409k | €19k | €18k | €5k | ▼ 74.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €779k | €827k | €489k | €493k | €458k | ▼ 7.0% |
| Fixed assets21/28 | €41k | €30k | €18k | €14k | €9k | ▼ 32.7% |
| Tangible fixed assets22/27 | €40k | €30k | €18k | €13k | €8k | ▼ 34.4% |
| Plant, machinery and equipment23 | €13k | €9k | €6k | €3k | €365 | ▼ 88.5% |
| Furniture and vehicles24 | €14k | €7k | €0 | - | - | - |
| Other tangible fixed assets26 | €13k | €14k | €12k | €10k | €8k | ▼ 16.6% |
| Financial fixed assets28 | €643 | €643 | €643 | €643 | €643 | = |
| Current assets29/58 | €738k | €796k | €471k | €479k | €449k | ▼ 6.3% |
| Amounts receivable within one year40/41 | €338k | €419k | €256k | €296k | €255k | ▼ 13.7% |
| Trade receivables40 | €327k | €405k | €247k | €294k | €255k | ▼ 13.3% |
| Other amounts receivable41 | €11k | €14k | €9k | €2k | €619 | ▼ 70.0% |
| Cash at bank and in hand54/58 | €396k | €367k | €210k | €180k | €193k | ▲ 7.4% |
| Deferred charges and accrued income490/1 | €4k | €11k | €5k | €3k | €590 | ▼ 83.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €779k | €827k | €489k | €493k | €458k | ▼ 7.0% |
| Equity10/15 | €268k | €-141k | €-122k | €-104k | €-99k | ▲ 4.6% |
| Contributions10/11 | €114k | €114k | €114k | €114k | €114k | = |
| Capital10 | €114k | €114k | €114k | €114k | €114k | = |
| Issued capital100 | €114k | €114k | €114k | €114k | €114k | = |
| Reserves13 | €129k | €129k | €129k | €129k | €40k | ▼ 68.9% |
| Non-distributable reserves130/1 | €11k | €11k | €11k | €11k | €11k | = |
| Legal reserve130 | €11k | €11k | €11k | €11k | €11k | = |
| Tax-exempt reserves132 | €29k | €29k | €29k | €29k | €29k | = |
| Distributable reserves133 | €89k | €89k | €89k | €89k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €25k | €-385k | €-366k | €-347k | €-253k | ▲ 27.0% |
| Provisions and deferred taxes16 | - | €516k | €516k | €516k | €516k | = |
| Provisions for liabilities and charges160/5 | - | €516k | €516k | €516k | €516k | = |
| Environmental obligations163 | - | €516k | €516k | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €516k | €516k | = |
| Amounts payable17/49 | €510k | €452k | €95k | €81k | €41k | ▼ 48.7% |
| Amounts payable within one year42/48 | €510k | €452k | €95k | €81k | €41k | ▼ 48.7% |
| Trade debts44 | €51k | €63k | €49k | €30k | €18k | ▼ 40.0% |
| Suppliers440/4 | €51k | €63k | €49k | €30k | €18k | ▼ 40.0% |
| Taxes, remuneration and social security45 | €39k | €19k | €22k | €25k | €23k | ▼ 8.2% |
| Taxes450/3 | €3k | €0 | - | €3k | €0 | ▼ 100% |
| Remuneration and social security454/9 | €36k | €19k | €22k | €22k | €23k | ▲ 3.6% |
| Other amounts payable47/48 | €420k | €370k | €25k | €25k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €15 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108k | €-409k | €19k | €18k | €5k | ▼ 74.1% |
| + Depreciation and write-downs630 | €17k | €16k | €12k | €5k | €4k | ▼ 5.6% |
| Operating cash flow (approximation) | €125k | €-394k | €31k | €23k | €9k | ▼ 60.1% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €0 | €0 | - |
| Change in cash | - | €-29k | €-157k | €-30k | €13k | ▲ 145% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.95
Current ratio from 1.76 to 4.95; short-term debt falls from €452k to €95k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-409k
Net result drops to €-409k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €108k
Net result €108k after one loss-making year.
31-12
Financial
Equity above €200kEq €268k ▲67.4%
Equity rises from €160k to €268k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
Show earlier events
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-07
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 6 acts read
About the unread acts
We know of 6 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
6 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, Menen · 1 establishment unit since 2000
Ground area
8,898 m²
Building footprint
2,567 m²
Volume, LiDAR
15,118 m³
Parcel 34024C0383/00N000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRANSFLUVIA NV
since 20002.142.792.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024C0383/00N000 | Flanders | 8,898 m² | 1 · 2,567 m² | 8.8 m · 2 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 2024 · 2 entries · 674 EUR awarded · 674 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 249 EUR | 249 EUR |
| 2022 | 1 | 425 EUR | 425 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,186 companies in sector 52250 we hold annual accounts for 1,956. 1,459 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
47300Retail sale of automotive fuel
47521Retail sale of hardware, building materials, paint and glass (general range)
Scores and ratios are computed by Checked and are not a credit decision.