TRANSFORM HOME
ActiveSummary
The computed 12-month bankruptcy probability of TRANSFORM HOME is 3.8% (moderate). For TRANSFORM HOME, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €8,335 and a net result of €4,088. Its solvency ranks better than 28% of 3551 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability84▲+6
Solvency49▼-2
Growth78
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2024Solvency, return and age of the figures
Solvency
24.4%
Return on assets
12%
Age of the figures
28 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-05-2025 was due at the National Bank by 31-12-2025. Nothing is on record, 270 days later.
NBB · 2 filingsPosition against the passed deadline
31-05-2025 close31-12-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2024 was due by 31-12-2024 and was filed on 19-11-2024, 42 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
42 d early
2023
51 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4,088▲ 228%
2023 · €1,248
Working capital
€11,327▲ 266%
2023 · €3,091
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
Line20232024
Operating result€1,740-€5,166▲ 197%
Net result€1,248-€4,088▲ 228%
Equity€4,248-€8,335▲ 96.2%
Total assets€16,589-€34,149▲ 106%
Debt€12,341-€25,813▲ 109%
Working capital€3,091-€11,327▲ 266%
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 197% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34,149
Fixed assets
€4,839 ▲ 228%
Current assets
€29,310 ▲ 93.9%
Equity and liabilities €34,149
Equity
€8,335 ▲ 96.2%
Debt
€25,813 ▲ 109%
Debt's share of the balance-sheet total rises from 74.4% to 75.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,627▲
2023 · €2,852
Cash flow
€4,548▲
2023 · €2,360
Current ratio
1.63▲
2023 · 1.26
Debt to equity
3.10▲
2023 · 2.91
ROE
49.0%▲
2023 · 29.4%
ROA
12.0%▲
2023 · 7.5%
Interest coverage
120.53▲
2023 · 100.40
Debt ≤ 1 year
€17,983▲
2023 · €12,024
Income taxes
€1,357▲
2023 · €464
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,112 | €461 | ▼ 58.6% |
| Other operating charges640/8 | - | €1,546 | - |
| Gross operating margin9900 | €2,852 | €7,172 | ▲ 151% |
| Operating profit (loss)9901 | €1,740 | €5,166 | ▲ 197% |
| Financial income75/76B | €0 | €326 | ▲ 3,257,400% |
| Recurring financial income75 | €0 | €0 | ▲ 100% |
| Non-recurring financial income76B | - | €326 | - |
| Financial charges65/66B | €28 | €47 | ▲ 64.3% |
| Recurring financial charges65 | €28 | €47 | ▲ 64.3% |
| Profit (loss) for the period before taxes9903 | €1,712 | €5,445 | ▲ 218% |
| Income taxes67/77 | €464 | €1,357 | ▲ 192% |
| Profit (loss) for the period9904 | €1,248 | €4,088 | ▲ 228% |
| Profit (loss) for the period to be appropriated9905 | €1,248 | €4,088 | ▲ 228% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16,589 | €34,149 | ▲ 106% |
| Fixed assets21/28 | €1,474 | €4,839 | ▲ 228% |
| Tangible fixed assets22/27 | €1,474 | €4,839 | ▲ 228% |
| Plant, machinery and equipment23 | €1,474 | €2,958 | ▲ 101% |
| Furniture and vehicles24 | - | €1,881 | - |
| Current assets29/58 | €15,115 | €29,310 | ▲ 93.9% |
| Amounts receivable within one year40/41 | €13,719 | €22,143 | ▲ 61.4% |
| Trade receivables40 | €8,252 | €2,856 | ▼ 65.4% |
| Other amounts receivable41 | €5,467 | €19,287 | ▲ 253% |
| Cash at bank and in hand54/58 | €1,396 | €7,166 | ▲ 413% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16,589 | €34,149 | ▲ 106% |
| Equity10/15 | €4,248 | €8,335 | ▲ 96.2% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €1,248 | €5,335 | ▲ 328% |
| Amounts payable17/49 | €12,341 | €25,813 | ▲ 109% |
| Amounts payable within one year42/48 | €12,024 | €17,983 | ▲ 49.6% |
| Trade debts44 | €9,670 | €15,834 | ▲ 63.7% |
| Suppliers440/4 | €9,670 | €15,834 | ▲ 63.7% |
| Taxes, remuneration and social security45 | €2,354 | €1,821 | ▼ 22.6% |
| Taxes450/3 | €2,354 | €1,821 | ▼ 22.6% |
| Other amounts payable47/48 | - | €327 | - |
| Accrued charges and deferred income492/3 | €317 | €7,831 | ▲ 2,367% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,248 | €4,088 | ▲ 228% |
| + Depreciation and write-downs630 | €1,112 | €461 | ▼ 58.6% |
| Operating cash flow (approximation) | €2,360 | €4,548 | ▲ 92.7% |
| Investment in fixed assets (approximation) | - | -€3,826 | - |
| Change in cash | - | €5,770 | - |
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
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Waimes · 1 establishment unit since 2023
Ground area
542 m²
Building footprint
169 m²
Volume, LiDAR
1,437 m³
Parcel 63025B0278/00L000, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TRANSFORM HOME
since 20232.361.167.961
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63025B0278/00L000 | Wallonia | 542 m² | 1 · 169 m² | 11.2 m · 3 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.
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,232. 1,356 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
Founded08-03-2022
Fiscal year end31-05
Activities, NACEBEL 2025
43120Site preparation
43410Roofing work
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
43990Other specialised construction activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782995678
Also
9925:BE0782995678
Registered
09-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.