TRANSLEASE
ActiveSummary
The annual accounts of TRANSLEASE for fiscal year 2024 show a net loss of 60% of total assets. The 2024 annual accounts show equity of €15k and a net result of €-13k. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 26043 sector peers (fiscal year 2024). The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-90
Solvency94▼-6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.29 against 4.1 in 2023; short-term debt: 31.4% and cash: 0.7% of total assets), and 31.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
68.6%
Return on assets
-59.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
35 d early
2022
50 d early
2021
48 d early
2020
12 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€15k▼ 46.5%
2023 · €28k
2018: €40k
2019: €25k
2020: €14k
2021: €20k
2022: €22k
2023: €28k
2018 → 2024
Total assets
€22k▼ 36.3%
2023 · €34k
2018: €42k
2019: €32k
2020: €28k
2021: €29k
2022: €32k
2023: €34k
2018 → 2024
Net result
€-13k
2023 · €6k
2018: €-14k
2019: €-14k
2020: €-12k
2021: €6k
2022: €2k
2023: €6k
2018 → 2024
Working capital
€9k▼ 54.8%
2023 · €19k
2018: €26k
2019: €13k
2020: €5k
2021: €14k
2022: €18k
2023: €19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€20k▲ 45.9%€22k▲ 10.7%€28k▲ 26.5%€15k▼ 46.5%
Operating result€-12k-€6k€932▼ 84.8%€5k▲ 453%€-13k
Net result€-12k-€6k€2k▼ 66.0%€6k▲ 174%€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22k
Fixed assets
€6k ▼ 27.5%
Current assets
€16k ▼ 39.2%
Equity and liabilities €22k
Equity
€15k ▼ 46.5%
Debt
€7k ▲ 9.0%
Debt's share of the balance-sheet total rises from 18.3% to 31.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-11k▼
2023 · €7k
Cash flow
€-11k▼
2023 · €7k
Current ratio
2.29▼
2023 · 4.10
Debt to equity
0.46▲
2023 · 0.22
ROE
-86.9%▼
2023 · 21.0%
ROA
-59.6%▼
2023 · 17.1%
Interest coverage
-77.92▼
2023 · 17.42
Debt ≤ 1 year
€7k▲
2023 · €6k
Income taxes
€206▲
2023 · €40
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€34k€22k▼
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€7k€5k▼
Furniture and vehicles24€7k€5k▼
Financial fixed assets28€1k€1k=
Current assets29/58€26k€16k▼
Amounts receivable within one year40/41€25k€15k▼
Trade receivables40€12k-
Other amounts receivable41€13k€15k▲
Cash at bank and in hand54/58€67€156▲
Deferred charges and accrued income490/1€723€730▲
Equity and liabilities
Total equity and liabilities10/49€34k€22k▼
Equity10/15€28k€15k▼
Contributions10/11€248k€248k=
Capital10€248k€248k=
Issued capital100€248k€248k=
Profit (loss) carried forward14€-220k€-233k▼
Amounts payable17/49€6k€7k▲
Amounts payable within one year42/48€6k€7k▲
Financial debts43-€33
Credit institutions430/8-€33
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€243€246▲
Taxes450/3€243€246▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€397€643▲
Gross operating margin9900€7k€-10k▼
Operating profit (loss)9901€5k€-13k▼
Financial income75/76B€1k€792▼
Recurring financial income75€1k€792▼
Financial charges65/66B€389€142▼
Recurring financial charges65€389€142▼
Profit (loss) for the period before taxes9903€6k€-13k▼
Income taxes67/77€40€206▲
Profit (loss) for the period9904€6k€-13k▼
Profit (loss) for the period to be appropriated9905€6k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-220k€-233k▼
Profit (loss) brought forward from the previous period14P€-226k€-220k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
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
1 act for this company is 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, Liège · 1 establishment unit since 1999
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 Rouveroy 154000 LiègeGround area
155 m²
Building footprint
87 m²
Volume, LiDAR
1,533 m³
Parcel 62803A1387/00H000, Wallonia · tallest building 20.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Rue Rouveroy 15, 4000 Liège
since 19992.073.760.327
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1387/00H000 | Wallonia | 155 m² | 1 · 87 m² | 20.2 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
YCC AUTO RETAIL
BE 0787.703.544
Pelt · Eq €14,837
SANDEK
BE 0416.905.208
Brussel · Eq €14,884
ANCESTRA
BE 0808.637.233
Morlanwelz · Eq €14,910
EAGLE GROUP
BE 0771.396.458
Brussel · Eq €14,774
TBK CARS
BE 0770.908.587
Châtelet · Eq €14,936
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,423 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-06-1984
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@translease.be