TRANSMALYSSE
ActiveTRANSMALYSSE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €-20k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 85% of 4478 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.81 against 2.26 in 2024), and 20.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
30 d late
2023
30 d late
2022
31 d late
2021
24 d late
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€217k▼ 8.5%
2024 · €238k
2018: €235k
2019: €248k
2020: €259k
2021: €247k
2022: €248k
2023: €240k
2024: €238k
2018 → 2025
Total assets
€273k▼ 14.7%
2024 · €320k
2018: €605k
2019: €564k
2020: €535k
2021: €388k
2022: €404k
2023: €343k
2024: €320k
2018 → 2025
Net result
€-20k▼ 798%
2024 · €-2k
2018: €21k
2019: €22k
2020: €12k
2021: €28k
2022: €22k
2023: €-8k
2024: €-2k
2018 → 2025
Working capital
€101k▼ 2.9%
2024 · €104k
2018: €-48k
2019: €32k
2020: €72k
2021: €28k
2022: €58k
2023: €76k
2024: €104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€248k▲ 0.3%€240k▼ 3.4%€238k▼ 0.9%€217k▼ 8.5%
Operating result€31k-€24k▼ 23.6%€-11k€-5k▲ 54.7%€-22k▼ 343%
Net result€28k-€22k▼ 21.3%€-8k€-2k▲ 73.2%€-20k▼ 798%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €5k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273k
Fixed assets
€116k▼ 12.9%
Current assets
€157k▼ 15.9%
Equity and liabilities €273k
Equity
€217k▼ 8.5%
Debt
€56k▼ 32.4%
The debt ratio falls from 25.8% to 20.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2024 · €36k
Cash flow
€-3k▼
2024 · €39k
Solvency
79.6%▲
2024 · 74.2%
Current ratio
2.81▲
2024 · 2.26
Quick ratio
2.81▲
2024 · 2.26
Debt / equity
0.26▼
2024 · 0.35
ROE
-9.3%▼
2024 · -0.9%
ROA
-7.4%▼
2024 · -0.7%
Interest coverage
-5.27▼
2024 · 35.35
Debt
€56k▼
2024 · €83k
Debt ≤ 1 year
€56k▼
2024 · €83k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€320k€273k▼
Fixed assets21/28€133k€116k▼
Tangible fixed assets22/27€125k€107k▼
Land and buildings22€98k€98k=
Plant, machinery and equipment23€17k€10k▼
Furniture and vehicles24€10k€85▼
Financial fixed assets28€9k€9k=
Current assets29/58€187k€157k▼
Amounts receivable within one year40/41€113k€110k▼
Trade receivables40€30k€19k▼
Other amounts receivable41€83k€90k▲
Cash at bank and in hand54/58€68k€43k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€320k€273k▼
Equity10/15€238k€217k▼
Contributions10/11€19k€19k=
Reserves13€219k€199k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€157k€157k=
Distributable reserves133€62k€42k▼
Amounts payable17/49€83k€56k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€83k€56k▼
Current portion of amounts payable after more than one year42€11k€0▼
Trade debts44€15k€17k▲
Suppliers440/4€15k€17k▲
Taxes, remuneration and social security45€5k€560▼
Taxes450/3€5k€560▼
Remuneration and social security454/9€0-
Other amounts payable47/48€51k€38k▼
Income statement
Code20242025
Non-recurring operating income76A€15k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€17k▼
Other operating charges640/8€16k€11k▼
Gross operating margin9900€52k€6k▼
Operating profit (loss)9901€-5k€-22k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€1k€964▼
Recurring financial charges65€1k€964▼
Profit (loss) for the period before taxes9903€-2k€-20k▼
Profit (loss) for the period9904€-2k€-20k▼
Profit (loss) for the period to be appropriated9905€-2k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-20k▼
Transfer from equity791/2€2k€20k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €28k ▲133%
Operating result €31k, net result €28k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Kortrijk · 1 establishment unit since 1988
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.
Waterven(Heu) 1B8501 KortrijkGround area
1,840 m²
Building footprint
641 m²
Volume, LiDAR
4,196 m³
2 parcels, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TRANS MALYSSE BVBA
since 19882.040.523.375
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C1033/00F000 | Flanders | 1,181 m² | 1 · 499 m² | 9.5 m · 2 fl. |
| 34007A0339/00W008 | Flanders | 659 m² | 1 · 142 m² | 14.1 m · 4 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
Parcel delivery
Notified to the BIPT
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STAGELINER
BE 0818.715.830
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PTQ Transport & Logistics
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Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 6,052 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-1988
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.