Equity
€306,353 from €745,372 in 2021
Equity fell by 59% in 4 years.
Transheeze
Lifetime
19 annual accounts with figures on one time axis, 48 filings since 1977peak €3.6m (2022)
-not published
lowest -€255,141 (2016)
-€132,094▼ €252,984
peak €745,372 (2021)
€306,353▼ 30.1%
€4.2m▼ 10.7%
peak 57.7 FTE (2025)
57.7 FTE▲ 3.0%
Board4 names since 2018
1 director
Owners2 names in the annual accounts
Documentsfilings and deeds
03-11-202589 days before the deadline
2025financial year
Loss of €132,094 holds all the shares 22-12Appointment: (statutory auditor) 22-12Equity from €438,447 to €306,353
Key points
from the 2025 annual accountsResult
-€132,094 -€132,094
From profit to loss in 2025, after a profit of €120,889 in 2024.
Debts
€4.2m 93% of the balance sheet
Financial debts 15%Suppliers 30%Taxes and wages 13%Other 42%
Of this, €3.6m falls due within a year.
Staff
58 employees on 30-06-2025
In 2025, 29 people joined and 27 left.
Filings
48 annual accounts since 1977
The last five annual accounts were filed 16 to 89 days before the end of the period.
Position in the sector
6.8%
Lower solvency than 88% of companies in land transport. Sector median 36.1% · 604 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 140 companies had the same profile as Transheeze has now. Each dot is one company, two years later.
96.4%
were still trading
1.4%
stopped another way
2.1%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 140 companies, not a prediction for Transheeze. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager,
Auditor,
- 100%score equity €2.0m (2025) · 2025 annual accounts of
Recent changes
New establishment in Ghent
Vossenbergstraat 40
New establishment in Lochristi
Raveschoot 12A
holds all the shares
Board meeting of 10-10-2025 · Gazette deed
Appointment: (statutory auditor)
General meeting of 01-11-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Transheeze Lochristi | €12.7m | -0.5% | 6.8% | 57.7 |
| Transportbedrijf Macharis Dendermonde | €12.6m | 4.8% | 71.5% | 55.7 |
| Van Marcke Distribution Kortrijk | €11.8m | 3.3% | 50.6% | 56.2 |
| Withofs Vervoerbedrijf Lanaken | €10.3m | 3.3% | 23.5% | 53.9 |
| VAN CAUDENBERG Hoeilaart | €9.7m | 6.9% | 25.3% | 52.2 |
| PLANTEFEVE LOGISTICS Heuvelland | €14.0m | 2.6% | 23.5% | 69 |
| VOS CARGO LOGISTICS BELGIUM Pittem | €9.1m | 11.4% | 36.5% | 42.6 |
Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Transheeze: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €4.6m and €6.1m, founded between 1970 and 1978.
Official details
Source: KBO- Status
- Active since 25-07-1974Normal situation
- Activity
- Freight transport by roadNACE 49410
- Joint committees
- 140.03Road transport and logistics for third parties
- 226White-collar workers in international trade, transport and logistics · annual accounts 30-06-2025
- Establishment units
- 2.010.488.6139080 Lochristi, since 01-12-1974
- 2.389.424.0619080 Lochristi, since 01-01-2026and 1 other
- Financial year end
- 30 June
- Peppol
- Reachable since 30-09-2025
Annual accounts to 30-06-2025
- €4.5m▼ 12.5%
- Employeeson 30-06-2025
- 58▲ 3.6%
- Filing
- Filed on 03-11-2025, 89 days before the end of the filing period
Insights on Transheeze
Transheeze has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306,353 and a net result of -€132,094.
Equity has been shrinking by about 3.3% per year since 2019. Its solvency ranks better than 12% of 604 sector peers (NACE 49, financial year 2025).
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 Transheeze
- What is the company number of Transheeze?
- The company number of Transheeze is 0414.573.545. The VAT number is the same number with BE in front: BE 0414.573.545.
- Where is Transheeze based?
- The registered office is at Rechtstraat 114, 9080 Lochristi.Company details
- What does Transheeze do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of Transheeze?
- Transheeze is a private limited company (BV).
- When was Transheeze founded?
- Transheeze was founded on 25-07-1974.
- Is Transheeze still active?
- Yes, Transheeze is an active enterprise in the KBO register.
- How many employees does Transheeze have?
- Transheeze had an average of 57.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Transheeze fall under?
- In its 30-06-2025 annual accounts, Transheeze states joint committees 140.03 (Road transport and logistics for third parties) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of Transheeze?
- The turnover of Transheeze was €12.7m in financial year 2025, according to the filed annual accounts.
- Is Transheeze profitable?
- In financial year 2025, Transheeze made a loss of €132,094.
- Where can I find the annual accounts of Transheeze?
- Transheeze filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Transheeze due?
- Transheeze must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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