TRANSIND
ActiveTRANSIND has been active since 1936 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-27k) and a net result of €-293k. Equity is shrinking by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 6007 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency46▼-14
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.07 against 1.61 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 · 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
-4%
Return on assets
-44.2%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€27k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
29 d early
2022
21 d early
2021
34 d early
2020
30 d early
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-293k▼ 331%
2023 · €-68k
2018: €49k
2019: €98k
2020: €278k
2021: €284k
2022: €-14k
2023: €-68k
2018 → 2024
Working capital
€44k▼ 86.6%
2023 · €326k
2018: €999k
2019: €562k
2020: €517k
2021: €428k
2022: €339k
2023: €326k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€344k-€348k▲ 1.2%€335k▼ 3.9%€267k▼ 20.3%€-27k
Operating result€404k-€442k▲ 9.4%€18k▼ 95.8%€-64k€-288k▼ 351%
Net result€278k-€284k▲ 2.3%€-14k€-68k▼ 399%€-293k▼ 331%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €288k in 2024 against €64k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €663k
Fixed assets
€30k▼ 26.9%
Current assets
€633k▼ 26.2%
Key figures and ratios
EBITDA
€-288k▼
2023 · €-57k
Cash flow
€-293k▼
2023 · €-61k
Solvency
-4.0%▼
2023 · 29.6%
Current ratio
1.07▼
2023 · 1.61
Quick ratio
0.92▼
2023 · 0.93
Debt / equity
-25.89▼
2023 · 2.37
ROA
-44.2%▼
2023 · -7.6%
Interest coverage
-12.57▼
2023 · -1.93
Debt
€689k▲
2023 · €632k
Debt ≤ 1 year
€589k▲
2023 · €532k
Debt > 1 year
€100k▼
2023 · €101k
Staff costs
€130k▲
2023 · €129k
A ratio outside any meaningful range has been withheld (balance sheet total €663k, equity €-27k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€900k€663k▼
Fixed assets21/28€41k€30k▼
Tangible fixed assets22/27€41k€30k▼
Land and buildings22€30k€30k=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€11k€0▼
Financial fixed assets28€375€375=
Current assets29/58€858k€633k▼
Amounts receivable after more than one year29€453k€453k=
Other amounts receivable291€453k€453k=
Stocks and contracts in progress3€363k€93k▼
Stocks30/36€363k€93k▼
Amounts receivable within one year40/41€30k€78k▲
Trade receivables40€25k€41k▲
Other amounts receivable41€4k€37k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€900k€663k▼
Equity10/15€267k€-27k▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€274k€274k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€267k€267k=
Profit (loss) carried forward14€-82k€-375k▼
Provisions and deferred taxes16€640€640=
Provisions for liabilities and charges160/5€640€640=
Environmental obligations163€640€640=
Amounts payable17/49€632k€689k▲
Amounts payable after more than one year17€101k€100k▼
Financial debts170/4€500-
Other amounts payable178/9€100k€100k=
Amounts payable within one year42/48€532k€589k▲
Current portion of amounts payable after more than one year42€45k€500▼
Financial debts43€149k€157k▲
Credit institutions430/8€149k€157k▲
Trade debts44€140k€309k▲
Suppliers440/4€140k€309k▲
Taxes, remuneration and social security45€59k€38k▼
Taxes450/3€43k€19k▼
Remuneration and social security454/9€17k€19k▲
Other amounts payable47/48€139k€84k▼
Income statement
Code20232024
Remuneration, social security and pensions62€129k€130k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€22▼
Other operating charges640/8€9k€21k▲
Non-recurring operating charges66A€19k-
Gross operating margin9900€100k€-136k▼
Operating profit (loss)9901€-64k€-288k▼
Financial income75/76B€25k€18k▼
Recurring financial income75€25k€18k▼
Financial charges65/66B€30k€23k▼
Recurring financial charges65€30k€23k▼
Profit (loss) for the period before taxes9903€-68k€-293k▼
Profit (loss) for the period9904€-68k€-293k▼
Profit (loss) for the period to be appropriated9905€-68k€-293k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-375k▼
Profit (loss) brought forward from the previous period14P€-14k€-82k▼
Social balance
Average headcount (FTE)90872.31.8▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-293k
Net result drops to €-293k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €284k ▲2.3%
Operating result €442k, net result €284k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-03-2025
Vu Thien Dinh: Resigned as Director
31-07-2018
Jacques DOETSCH: Resigned as Director
27-10-2016
Jacques DOETSCH: Resigned as Managing director
27-10-2016
Catherine Doetsch: Resigned as Director
Location & real-estate footprint
Registered office, Braine-le-Château · 1 establishment unit since 1936
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Castiaux 571440 Braine-le-ChâteauGround area
3,657 m²
Building footprint
297 m²
Volume, LiDAR
1,545 m³
2 parcels, Brussels, Wallonia · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Luttrebruglaan 25, 1190 Vorst
since 19362.004.616.648
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015C0298/00Z003 | Wallonia | 3,499 m² | 1 · 140 m² | 12.7 m · 2 fl. |
| 21007A0071/00E010 | Brussels | 158 m² | 1 · 157 m² | 11.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300PNM0WVRPV1ZC58
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BE 0450.692.583
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Of 579 companies in sector 46496 we hold annual accounts for 380. 271 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-06-1936
Fiscal year end31-12
Activities, NACEBEL
46496Wholesale trade
51476
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@transind.be
Phone:+3225219502
Fax:+3225210841