TRANSIMO
Open bankruptcyFinancials · financial year 2025, abbreviated format
Equity
-€89,139▼ 56.3%
2024 · -€57,031
Total assets
€74,929▼ 38.7%
2024 · €122,330
Net result
-€32,108▲ 54.9%
2024 · -€71,145
Working capital
-€102,452▼ 40.1%
2024 · -€73,135
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €29,727 in 2025 against €65,485 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€29,727
2025
Net result-€32,108
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€74,929
2025
Equity-€89,139
2025
Debt€164,068
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€102,452
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-42.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-119.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.33
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)3.6
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€13,162-€28,482▲ 116%€13,568▼ 52.4%-€13,874€8,919€2,973▼ 66.7%-€65,485-€29,727▲ 54.6%
Net result€8,791-€20,604▲ 134%€10,705within the sector's middle half▼ 48.0%-€15,034below the sector's middle half€7,123within the sector's middle half-€689below the sector's middle half-€71,145below the sector's middle half▼ 10,221%-€32,108below the sector's middle half▲ 54.9%
Equity-€8,595-€12,009€22,713within the sector's middle half▲ 89.1%€7,680below the sector's middle half▼ 66.2%€14,803below the sector's middle half▲ 92.8%€14,113below the sector's middle half▼ 4.7%-€57,031below the sector's middle half-€89,139below the sector's middle half▼ 56.3%
Total assets€82,171-€102,527▲ 24.8%€83,318within the sector's middle half▼ 18.7%€82,621within the sector's middle half▼ 0.8%€118,378within the sector's middle half▲ 43.3%€131,748within the sector's middle half▲ 11.3%€122,330within the sector's middle half▼ 7.1%€74,929below the sector's middle half▼ 38.7%
Debt€90,766-€90,518▼ 0.3%€60,605▼ 33.0%€74,942▲ 23.7%€103,576▲ 38.2%€117,635▲ 13.6%€179,361▲ 52.5%€164,068▼ 8.5%
Working capital-€25,397--€12,231▲ 51.8%-€4,717below the sector's middle half▲ 61.4%-€17,742below the sector's middle half▼ 276%€699below the sector's middle half€5,890within the sector's middle half▲ 743%-€73,135below the sector's middle half-€102,452below the sector's middle half▼ 40.1%
Solvency-10.5%-11.7%▲ 22.2pp27.3%within the sector's middle half▲ 15.5pp9.3%below the sector's middle half▼ 18.0pp12.5%below the sector's middle half▲ 3.2pp10.7%below the sector's middle half▼ 1.8pp-46.6%below the sector's middle half▼ 57.3pp-119.0%below the sector's middle half▼ 72.3pp
Current ratio0.69-0.85▲ 0.170.92below the sector's middle half▲ 0.060.76below the sector's middle half▼ 0.151.01below the sector's middle half▲ 0.241.05below the sector's middle half▲ 0.040.53below the sector's middle half▼ 0.520.33below the sector's middle half▼ 0.20
Return on assets (ROA)10.7%-20.1%▲ 9.4pp12.8%within the sector's middle half▼ 7.2pp-18.2%below the sector's middle half▼ 31.0pp6.0%within the sector's middle half▲ 24.2pp-0.5%below the sector's middle half▼ 6.5pp-58.2%below the sector's middle half▼ 57.6pp-42.9%below the sector's middle half▲ 15.3pp
Staff (FTE)3.6-5▲ 38.9%3.9above the sector's middle half▼ 22.0%3.1▼ 20.5%3.9▲ 25.8%2.9▼ 25.6%3▲ 3.4%3.6within the sector's middle half▲ 20.0%
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74,929
Fixed assets
€24,174 ▼ 37.8%
Current assets
€50,755 ▼ 39.2%
Equity and liabilities
Equity-€89,139
Debt€164,068
Equity is negative: debt (€164,068) exceeds the balance-sheet total (€74,929).
Key figures and ratios
EBITDA
-€14,448▲
2024 · -€53,887
Cash flow
-€16,829▲
2024 · -€59,547
Interest coverage
-6.27▲
2024 · -9.63
Debt ≤ 1 year
€153,207▼
2024 · €156,578
Debt > 1 year
€10,862▼
2024 · €19,183
Income taxes
€211▼
2024 · €234
Staff costs
€96,181▼
2024 · €114,211
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €108,693 | €159,618 | €154,772 | €114,211 | €96,181 | ▼ 15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,554 | €18,979 | €15,899 | €11,640 | €11,780 | €8,488 | €11,598 | €15,278 | ▲ 31.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€599 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €5,298 | €5,844 | €6,579 | €4,363 | €1,830 | ▼ 58.1% |
| Gross operating margin9900 | €193,170 | €218,980 | €137,585 | €111,158 | €186,162 | €172,812 | €64,687 | €83,563 | ▲ 29.2% |
| Operating profit (loss)9901 | €13,162 | €28,482 | €13,568 | -€13,874 | €8,919 | €2,973 | -€65,485 | -€29,727 | ▲ 54.6% |
| Financial income75/76B | - | - | - | €349 | €141 | €86 | €170 | €134 | ▼ 21.3% |
| Recurring financial income75 | €317 | €467 | €284 | €349 | €141 | €86 | €170 | €134 | ▼ 21.3% |
| Financial charges65/66B | - | - | - | €1,245 | €1,666 | €3,028 | €5,597 | €2,304 | ▼ 58.8% |
| Recurring financial charges65 | €1,234 | €1,260 | €1,094 | €1,245 | €1,666 | €3,028 | €5,597 | €2,304 | ▼ 58.8% |
| Profit (loss) for the period before taxes9903 | €12,244 | €27,689 | €12,758 | -€14,769 | €7,394 | €32 | -€70,911 | -€31,897 | ▲ 55.0% |
| Income taxes67/77 | €3,453 | €7,085 | €2,054 | €264 | €271 | €721 | €234 | €211 | ▼ 9.7% |
| Profit (loss) for the period9904 | €8,791 | €20,604 | €10,705 | -€15,034 | €7,123 | -€689 | -€71,145 | -€32,108 | ▲ 54.9% |
| Profit (loss) for the period to be appropriated9905 | €8,791 | €20,604 | €10,705 | -€15,034 | €7,123 | -€689 | -€71,145 | -€32,108 | ▲ 54.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €82,171 | €102,527 | €83,318 | €82,621 | €118,378 | €131,748 | €122,330 | €74,929 | ▼ 38.7% |
| Fixed assets21/28 | €26,864 | €32,067 | €31,534 | €25,421 | €14,875 | €10,024 | €38,887 | €24,174 | ▼ 37.8% |
| Tangible fixed assets22/27 | €23,019 | €28,223 | €27,689 | €21,577 | €11,030 | €6,179 | €35,043 | €23,930 | ▼ 31.7% |
| Plant, machinery and equipment23 | - | - | - | €2,384 | €2,543 | €4,939 | €5,827 | €4,663 | ▼ 20.0% |
| Furniture and vehicles24 | - | - | - | €19,193 | €8,487 | €1,240 | €29,216 | €19,266 | ▼ 34.1% |
| Financial fixed assets28 | €3,845 | €3,845 | €3,845 | €3,845 | €3,845 | €3,845 | €3,845 | €245 | ▼ 93.6% |
| Current assets29/58 | €55,308 | €70,459 | €51,785 | €57,200 | €103,504 | €121,725 | €83,442 | €50,755 | ▼ 39.2% |
| Amounts receivable within one year40/41 | €21,529 | €34,058 | €21,108 | €36,110 | €45,042 | €94,776 | €40,152 | €25,492 | ▼ 36.5% |
| Trade receivables40 | - | - | - | €17,342 | €30,318 | €72,373 | €34,683 | €11,593 | ▼ 66.6% |
| Other amounts receivable41 | - | - | - | €18,768 | €14,724 | €22,403 | €5,469 | €13,899 | ▲ 154% |
| Cash at bank and in hand54/58 | €31,312 | €31,310 | €20,205 | €11,587 | €50,580 | €6,326 | €38,306 | €20,277 | ▼ 47.1% |
| Deferred charges and accrued income490/1 | - | - | - | €9,503 | €7,882 | €20,623 | €4,984 | €4,986 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €82,171 | €102,527 | €83,318 | €82,621 | €118,378 | €131,748 | €122,330 | €74,929 | ▼ 38.7% |
| Equity10/15 | -€8,595 | €12,009 | €22,713 | €7,680 | €14,803 | €14,113 | -€57,031 | -€89,139 | ▼ 56.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €2,979 | €2,979 | €3,514 | €3,514 | €3,514 | €3,514 | €3,514 | €3,514 | = |
| Non-distributable reserves130/1 | - | - | - | €3,514 | €3,514 | €3,514 | €3,514 | €3,514 | = |
| Legal reserve130 | - | - | - | €3,514 | €3,514 | €3,514 | €3,514 | €3,514 | = |
| Profit (loss) carried forward14 | -€73,574 | -€52,970 | -€42,801 | -€57,835 | -€50,712 | -€51,401 | -€122,546 | -€154,653 | ▼ 26.2% |
| Amounts payable17/49 | €90,766 | €90,518 | €60,605 | €74,942 | €103,576 | €117,635 | €179,361 | €164,068 | ▼ 8.5% |
| Amounts payable after more than one year17 | €2,161 | €7,827 | €4,103 | - | - | - | €19,183 | €10,862 | ▼ 43.4% |
| Financial debts170/4 | - | - | - | - | - | - | €19,183 | €10,862 | ▼ 43.4% |
| Amounts payable within one year42/48 | €80,705 | €82,691 | €56,502 | €74,942 | €102,805 | €115,835 | €156,578 | €153,207 | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,103 | - | - | €8,009 | €8,322 | ▲ 3.9% |
| Trade debts44 | €9,795 | €45,500 | €16,025 | €44,567 | €38,618 | €30,009 | €28,769 | €20,344 | ▼ 29.3% |
| Suppliers440/4 | - | - | - | €44,567 | €38,618 | €30,009 | €28,769 | €20,344 | ▼ 29.3% |
| Taxes, remuneration and social security45 | - | - | - | €3,895 | €3,193 | €526 | €8,611 | €9,516 | ▲ 10.5% |
| Taxes450/3 | - | - | - | €2,039 | €2,120 | €526 | €7,611 | €3,083 | ▼ 59.5% |
| Remuneration and social security454/9 | - | - | - | €1,856 | €1,073 | - | €1,000 | €6,433 | ▲ 543% |
| Other amounts payable47/48 | - | - | - | €22,377 | €60,994 | €85,300 | €111,189 | €115,024 | ▲ 3.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €771 | €1,800 | €3,600 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,791 | €20,604 | €10,705 | -€15,034 | €7,123 | -€689 | -€71,145 | -€32,108 | ▲ 54.9% |
| + Depreciation and write-downs630 | €14,554 | €18,979 | €15,899 | €11,640 | €11,780 | €8,488 | €11,598 | €15,278 | ▲ 31.7% |
| Operating cash flow (approximation) | €23,345 | €39,583 | €26,604 | -€3,394 | €18,903 | €7,798 | -€59,547 | -€16,829 | ▲ 71.7% |
| Investment in fixed assets (approximation) | - | -€24,183 | -€15,365 | -€5,527 | -€1,233 | -€3,637 | -€40,462 | -€565 | ▲ 98.6% |
| Change in cash | - | -€3 | -€11,105 | -€8,618 | €38,993 | -€44,254 | €31,980 | -€18,029 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-07-2026 | 2026-00258887 |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00351923 |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00294066 |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00235783 |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20321131 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-65600192 |
| 31-12-2019 | micro format | 14-08-2020 | 2020-42500198 |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49700074 |
| 31-12-2017 | micro format | 17-08-2018 | 2018-46400367 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-54400121 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 15,144 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,382. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.