Financials
- Financial year
- 2024
- Turnover
- €68,970
- Loss
- -€70,693
- Solvency
- 13.3%
TRANSHUMANCE
ActiveSummary
The computed 12-month bankruptcy probability of TRANSHUMANCE is 12.8% (high). The 2024 annual accounts show equity of €29,307 and a net result of -€70,693. Its solvency ranks better than 30% of 15,455 sector peers (NACE 46, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711
1 site
Size
€68,970turnover 2024
- Equity
- €29,307
- Loss
- -€70,693
Structure
- ABDOUL MOUMOUNI Abdoul KaderDirector
- MOUSSA ALBADE SidiDirector
Accounts filed 74 days late
Why 28raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 74 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 15-10-2025)Founded in 2024Show the evidence
Checked score
Score 2024
28
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 13% of its sector peers (NACE 46, micro)
Financial strength
Weak
Solvency
38
equity 13.3% of total assets
Liquidity
3
short-term debt 86.7% · cash 0.7%
Profitability
0
return on assets -32.1%
Bankruptcy probability, 12 months
12.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 3.7%lowest value
04-2025: 3.7%● unchanged vs 03-2025lowest value
05-2025: 3.9%▲ +0.2 percentage points vs 04-2025
06-2025: 4.2%▲ +0.3 percentage points vs 05-2025
07-2025: 4.4%▲ +0.2 percentage points vs 06-2025
08-2025: 4.8%▲ +0.4 percentage points vs 07-2025
09-2025: 5.0%▲ +0.2 percentage points vs 08-2025
10-2025: 5.0%● unchanged vs 09-2025
11-2025: 6.9%▲ +1.9 percentage points vs 10-2025
12-2025: 6.9%● unchanged vs 11-2025
01-2026: 7.1%▲ +0.2 percentage points vs 12-2025
02-2026: 7.3%▲ +0.2 percentage points vs 01-2026
03-2026: 7.3%● unchanged vs 02-2026
04-2026: 8.5%▲ +1.2 percentage points vs 03-2026
05-2026: 8.8%▲ +0.3 percentage points vs 04-2026
06-2026: 8.8%● unchanged vs 05-2026
07-2026: 8.8%● unchanged vs 06-2026
08-2026: 9.0%▲ +0.2 percentage points vs 07-2026
09-2026: 9.2%▲ +0.2 percentage points vs 08-2026
10-2026: 12.8%▲ +3.6 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.15, below the usual 1.5; short-term debt: 86.7% and cash: 0.7% of total assets), and 86.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 26% on solvency, 6% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
74 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 74 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
- IncorporationAppointments: MOUSSA ALBADE Sidi (director)…
Key points
By topic
Board & ownership
- Board
- 2 members
- ABDOUL MOUMOUNI Abdoul KaderDirector
- MOUSSA ALBADE SidiDirector
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of cars and light vans (up to…NACE 46711
- Founded
- 16-02-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 12
- Purpose
- “L’import-export de véhicules automobiles (voitures,camions,tracteurs…) et accessoires…” (deed in French)
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