TRANSMANUMAT
ActiveSummary
TRANSMANUMAT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.77M and a net result of €172k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 1124 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▼-11
Solvency68▼-6
Growth66▲+1
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 2.1 in 2023; short-term debt: 23.7% of total assets), but 56.7% of the assets are financed with debt.
Credit check 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.3%
Return on assets
4.2%
Age of the figures
21 mo
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
28 d early
2022
18 d early
2021
19 d early
2020
2 d early
2019
17 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€3.74M▲ 7.6%
2023 · €3.48M
2018: €3.13M
2019: €3.08M▼ -1.4% vs 2018
2020: €2.83M▼ -8.2% vs 2019lowest in 7 years
2021: €3.12M▲ +10.3% vs 2020
2022: €3.38M▲ +8.4% vs 2021
2023: €3.48M▲ +2.7% vs 2022
2024: €3.74M▲ +7.6% vs 2023highest in 7 years
2018 → 2024
EBIT margin
5.2%▼ 10.9pp
2023 · 16.1%
2018: 3.7%
2019: 0.9%▼ -76.0% vs 2018lowest in 7 years
2020: 1.9%▲ +113% vs 2019
2021: 2.6%▲ +40.9% vs 2020
2022: 5.1%▲ +91.8% vs 2021
2023: 16.1%▲ +218% vs 2022highest in 7 years
2024: 5.2%▼ -67.6% vs 2023
2018 → 2024
Net result
€172k▼ 63.8%
2023 · €474k
2018: €86k
2019: €18k▼ -79.6% vs 2018lowest in 7 years
2020: €37k▲ +109% vs 2019
2021: €55k▲ +49.2% vs 2020
2022: €121k▲ +119% vs 2021
2023: €474k▲ +294% vs 2022highest in 7 years
2024: €172k▼ -63.8% vs 2023
2018 → 2024
Working capital
€1.01M▲ 13.0%
2023 · €891k
2018: €631k
2019: €578k▼ -8.3% vs 2018
2020: €583k▲ +0.8% vs 2019
2021: €487k▼ -16.5% vs 2020lowest in 7 years
2022: €535k▲ +9.9% vs 2021
2023: €891k▲ +66.4% vs 2022
2024: €1.01M▲ +13.0% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.83M-€3.12M▲ 10.3%€3.38M▲ 8.4%€3.48M▲ 2.7%€3.74M▲ 7.6%
2020: €2.83Mlowest in 5 years
2021: €3.12M▲ +10.3% vs 2020
2022: €3.38M▲ +8.4% vs 2021
2023: €3.48M▲ +2.7% vs 2022
2024: €3.74M▲ +7.6% vs 2023highest in 5 years
Equity€946k-€1.00M▲ 5.8%€1.12M▲ 12.0%€1.60M▲ 42.3%€1.77M▲ 10.8%
2020: €946klowest in 5 years
2021: €1.00M▲ +5.8% vs 2020
2022: €1.12M▲ +12.0% vs 2021
2023: €1.60M▲ +42.3% vs 2022
2024: €1.77M▲ +10.8% vs 2023highest in 5 years
Operating result€53k-€82k▲ 55.4%€171k▲ 108%€561k▲ 227%€196k▼ 65.1%
2020: €53klowest in 5 years
2021: €82k▲ +55.4% vs 2020
2022: €171k▲ +108% vs 2021
2023: €561k▲ +227% vs 2022highest in 5 years
2024: €196k▼ -65.1% vs 2023
Net result€37k-€55k▲ 49.2%€121k▲ 119%€474k▲ 294%€172k▼ 63.8%
2020: €37klowest in 5 years
2021: €55k▲ +49.2% vs 2020
2022: €121k▲ +119% vs 2021
2023: €474k▲ +294% vs 2022highest in 5 years
2024: €172k▼ -63.8% vs 2023
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 65% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.09M
Fixed assets
€2.11M ▲ 37.5%
Current assets
€1.98M ▲ 16.1%
Equity and liabilities €4.09M
Equity
€1.77M ▲ 10.8%
Debt
€2.32M ▲ 41.4%
Debt's share of the balance-sheet total rises from 50.7% to 56.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€680k▼
2023 · €970k
Cash flow
€656k▼
2023 · €884k
Current ratio
2.04▼
2023 · 2.10
Debt to equity
1.31▲
2023 · 1.03
ROE
9.7%▼
2023 · 29.7%
ROA
4.2%▼
2023 · 14.7%
Interest coverage
18.22▼
2023 · 42.82
Debt ≤ 1 year
€970k▲
2023 · €811k
Debt > 1 year
€1.35M▲
2023 · €828k
Income taxes
€49k▼
2023 · €111k
Staff costs
€1.67M▲
2023 · €1.53M
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 · 66 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.24M€4.09M▲
Fixed assets21/28€1.53M€2.11M▲
Tangible fixed assets22/27€1.53M€2.11M▲
Plant, machinery and equipment23€5k€446▼
Furniture and vehicles24€312k€956k▲
Leasing and similar rights25€1.22M€1.15M▼
Financial fixed assets28€496€766▲
Other financial fixed assets284/8€496€766▲
Amounts receivable and cash guarantees285/8€496€766▲
Current assets29/58€1.70M€1.98M▲
Amounts receivable within one year40/41€1.70M€1.98M▲
Trade receivables40€381k€228k▼
Other amounts receivable41€1.32M€1.75M▲
Deferred charges and accrued income490/1€220€145▼
Equity and liabilities
Total equity and liabilities10/49€3.24M€4.09M▲
Equity10/15€1.60M€1.77M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€286k€320k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€280k€314k▲
Profit (loss) carried forward14€1.25M€1.39M▲
Amounts payable17/49€1.64M€2.32M▲
Amounts payable after more than one year17€828k€1.35M▲
Financial debts170/4€828k€1.35M▲
Leasing and similar obligations172€797k€664k▼
Credit institutions173€31k€684k▲
Amounts payable within one year42/48€811k€970k▲
Current portion of amounts payable after more than one year42€386k€474k▲
Financial debts43€44k€52k▲
Credit institutions430/8€44k€52k▲
Trade debts44€176k€230k▲
Suppliers440/4€176k€230k▲
Taxes, remuneration and social security45€206k€214k▲
Taxes450/3€24k€18k▼
Remuneration and social security454/9€182k€196k▲
Income statement
Code20232024
Operating income70/76A€3.91M€3.92M=
Turnover70€3.48M€3.74M▲
Other operating income74€258k€140k▼
Non-recurring operating income76A€180k€34k▼
Operating charges60/66A€3.35M€3.72M▲
Services and other goods61€1.40M€1.51M▲
Remuneration, social security and pensions62€1.53M€1.67M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€410k€484k▲
Other operating charges640/8€19k€20k▲
Non-recurring operating charges66A-€35k
Operating profit (loss)9901€561k€196k▼
Financial income75/76B€50k€65k▲
Recurring financial income75€50k€65k▲
Income from current assets751€50k€65k▲
Other financial income752/9-€30
Financial charges65/66B€26k€40k▲
Recurring financial charges65€26k€40k▲
Debt charges650€23k€37k▲
Other financial charges652/9€3k€3k▲
Profit (loss) for the period before taxes9903€585k€220k▼
Income taxes67/77€111k€49k▼
Taxes670/3€111k€49k▼
Profit (loss) for the period9904€474k€172k▼
Transfer to tax-exempt reserves689€158k€34k▼
Profit (loss) for the period to be appropriated9905€317k€138k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.25M€1.39M▲
Profit (loss) brought forward from the previous period14P€931k€1.25M▲
Social balance
Average headcount (FTE)908731.832.7▲
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €3.26M | €3.51M | €3.91M | €3.92M | = |
| Turnover70 | €2.83M | €3.12M | €3.38M | €3.48M | €3.74M | ▲ 7.6% |
| Other operating income74 | - | €91k | €122k | €258k | €140k | ▼ 45.9% |
| Non-recurring operating income76A | - | €52k | €4k | €180k | €34k | ▼ 81.1% |
| Operating charges60/66A | - | €3.18M | €3.34M | €3.35M | €3.72M | ▲ 10.9% |
| Services and other goods61 | - | €1.26M | €1.40M | €1.40M | €1.51M | ▲ 8.4% |
| Remuneration, social security and pensions62 | - | €1.53M | €1.54M | €1.53M | €1.67M | ▲ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €279k | €371k | €381k | €410k | €484k | ▲ 18.2% |
| Other operating charges640/8 | - | €22k | €19k | €19k | €20k | ▲ 6.0% |
| Non-recurring operating charges66A | - | - | - | - | €35k | - |
| Operating profit (loss)9901 | €53k | €82k | €171k | €561k | €196k | ▼ 65.1% |
| Financial income75/76B | - | €9k | €13k | €50k | €65k | ▲ 29.1% |
| Recurring financial income75 | €7k | €9k | €13k | €50k | €65k | ▲ 29.1% |
| Income from current assets751 | - | €9k | €13k | €50k | €65k | ▲ 29.1% |
| Other financial income752/9 | - | - | - | - | €30 | - |
| Financial charges65/66B | - | €17k | €18k | €26k | €40k | ▲ 57.9% |
| Recurring financial charges65 | €8k | €17k | €18k | €26k | €40k | ▲ 57.9% |
| Debt charges650 | €6k | €15k | €16k | €23k | €37k | ▲ 64.7% |
| Other financial charges652/9 | - | €2k | €2k | €3k | €3k | ▲ 4.2% |
| Profit (loss) for the period before taxes9903 | €52k | €75k | €166k | €585k | €220k | ▼ 62.4% |
| Income taxes67/77 | €15k | €20k | €46k | €111k | €49k | ▼ 56.2% |
| Taxes670/3 | - | €20k | €46k | €111k | €49k | ▼ 56.2% |
| Profit (loss) for the period9904 | €37k | €55k | €121k | €474k | €172k | ▼ 63.8% |
| Transfer to tax-exempt reserves689 | - | - | - | €158k | €34k | ▼ 78.4% |
| Profit (loss) for the period to be appropriated9905 | €37k | €55k | €121k | €317k | €138k | ▼ 56.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.37M | €3.11M | €3.17M | €3.24M | €4.09M | ▲ 26.3% |
| Fixed assets21/28 | €1.05M | €1.79M | €1.80M | €1.53M | €2.11M | ▲ 37.5% |
| Tangible fixed assets22/27 | €1.05M | €1.79M | €1.80M | €1.53M | €2.11M | ▲ 37.5% |
| Plant, machinery and equipment23 | - | €15k | €9k | €5k | €446 | ▼ 90.1% |
| Furniture and vehicles24 | - | €317k | €237k | €312k | €956k | ▲ 207% |
| Leasing and similar rights25 | - | €1.46M | €1.55M | €1.22M | €1.15M | ▼ 5.3% |
| Financial fixed assets28 | €496 | €496 | €496 | €496 | €766 | ▲ 54.5% |
| Other financial fixed assets284/8 | - | €496 | €496 | €496 | €766 | ▲ 54.5% |
| Amounts receivable and cash guarantees285/8 | - | €496 | €496 | €496 | €766 | ▲ 54.5% |
| Current assets29/58 | €1.32M | €1.31M | €1.37M | €1.70M | €1.98M | ▲ 16.1% |
| Amounts receivable within one year40/41 | €1.32M | €1.31M | €1.37M | €1.70M | €1.98M | ▲ 16.1% |
| Trade receivables40 | - | €329k | €314k | €381k | €228k | ▼ 40.2% |
| Other amounts receivable41 | - | €983k | €1.05M | €1.32M | €1.75M | ▲ 32.3% |
| Cash at bank and in hand54/58 | €2k | €1k | - | - | - | - |
| Deferred charges and accrued income490/1 | - | €177 | €220 | €220 | €145 | ▼ 33.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.37M | €3.11M | €3.17M | €3.24M | €4.09M | ▲ 26.3% |
| Equity10/15 | €946k | €1.00M | €1.12M | €1.60M | €1.77M | ▲ 10.8% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €129k | €129k | €129k | €286k | €320k | ▲ 11.9% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €123k | €123k | €280k | €314k | ▲ 12.1% |
| Profit (loss) carried forward14 | €755k | €810k | €931k | €1.25M | €1.39M | ▲ 11.0% |
| Amounts payable17/49 | €1.43M | €2.11M | €2.04M | €1.64M | €2.32M | ▲ 41.4% |
| Amounts payable after more than one year17 | €690k | €1.28M | €1.21M | €828k | €1.35M | ▲ 62.8% |
| Financial debts170/4 | - | €1.28M | €1.21M | €828k | €1.35M | ▲ 62.8% |
| Leasing and similar obligations172 | - | €1.10M | €1.11M | €797k | €664k | ▼ 16.7% |
| Credit institutions173 | - | €180k | €100k | €31k | €684k | ▲ 2,125% |
| Amounts payable within one year42/48 | €739k | €826k | €831k | €811k | €970k | ▲ 19.5% |
| Current portion of amounts payable after more than one year42 | - | €391k | €449k | €386k | €474k | ▲ 22.9% |
| Financial debts43 | - | €42k | €40k | €44k | €52k | ▲ 18.3% |
| Credit institutions430/8 | - | €42k | €40k | €44k | €52k | ▲ 18.3% |
| Trade debts44 | €240k | €180k | €153k | €176k | €230k | ▲ 30.6% |
| Suppliers440/4 | - | €180k | €153k | €176k | €230k | ▲ 30.6% |
| Taxes, remuneration and social security45 | - | €214k | €190k | €206k | €214k | ▲ 3.9% |
| Taxes450/3 | - | €31k | €39k | €24k | €18k | ▼ 24.7% |
| Remuneration and social security454/9 | - | €184k | €151k | €182k | €196k | ▲ 7.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €55k | €121k | €474k | €172k | ▼ 63.8% |
| + Depreciation and write-downs630 | €279k | €371k | €381k | €410k | €484k | ▲ 18.2% |
| Operating cash flow (approximation) | €316k | €426k | €501k | €884k | €656k | ▼ 25.8% |
| Investment in fixed assets (approximation) | - | €-1.11M | €-388k | €-143k | €-1.06M | ▼ 641% |
| Change in cash | - | €-249 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €474k ▲294%
Operating result €561k, net result €474k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €1MEq €1.00M ▲5.8%
4 profitable years in a row build equity to €1.00M.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet €18k ▼79.6%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 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, Soignies · 1 establishment unit since 1994
Ground area
463 m²
Building footprint
97 m²
Volume, LiDAR
719 m³
Parcel 55044D0241/00B000, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TRANSMANUMAT
since 19942.066.953.204
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55044D0241/00B000 | Wallonia | 463 m² | 1 · 97 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,585 companies in sector 49410 we hold annual accounts for 8,198. 3,218 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-03-1994
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
43110Demolition
46810Wholesale of solid, liquid and gaseous fuels and related products
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Scores and ratios are computed by Checked and are not a credit decision.