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TRANSMARTIN

Inactive
Public limited companyfounded 1988Avenue de Norvège 13, 4960 Malmedy, BelgiumKBO/BCE: BE 0433.221.893

Inactive since 05-08-2026; last annual accounts for fiscal year 2025. Dissolved without liquidation on 01-01-2026.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
95 d early
2024
17 d early
2023
78 d early
2022
61 d early
2021
75 d early
2020
66 d early
2019
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€146k▲ 3,161%
2024 · €4k
2018: €24k 2019: €14k 2020: €15k 2021: €9k 2022: €15k 2023: €1k 2024: €4k
2018 → 2025
Working capital
€446k▲ 78.4%
2024 · €250k
2018: €158k 2019: €168k 2020: €185k 2021: €208k 2022: €205k 2023: €222k 2024: €250k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€280k-€295k▲ 5.2%€296k▲ 0.4%€300k▲ 1.5%€446k▲ 48.5%
Operating result€10k-€16k▲ 56.8%€3k▼ 80.9%€8k▲ 161%€199k▲ 2,387%
Net result€9k-€15k▲ 67.8%€1k▼ 92.0%€4k▲ 281%€146k▲ 3,161%
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €10k€10kNet result 2021: €9k€9kOperating result 2022: €16k€16kNet result 2022: €15k€15kOperating result 2023: €3k€3kNet result 2023: €1k€1kOperating result 2024: €8k€8kNet result 2024: €4k€4kOperating result 2025: €199k€199kNet result 2025: €146k€146k20212022202320242025€0€50k€100k€150k€200kOperating result 2023: €3k€3.1kNet result 2023: €1k€1.2kOperating result 2024: €8k€8kNet result 2024: €4k€4.5kOperating result 2025: €199k€199kNet result 2025: €146k€146k202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2,387% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €613k
Fixed assets €375 ▼ 99.4%
Current assets €613k ▲ 68.8%
Equity and liabilities €613k
Equity €446k ▲ 48.5%
Debt €167k ▲ 29.8%
Debt's share of the balance-sheet total falls from 30.0% to 27.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
3.67
2024 · 3.21
Debt to equity
0.37
2024 · 0.43
ROE
32.6%
2024 · 1.5%
ROA
23.7%
2024 · 1.0%
Debt ≤ 1 year
€167k
2024 · €113k
Income taxes
€53k
2024 · €2k
Staff costs
€125k
2024 · €139k
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 · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€429k€613k
Fixed assets21/28€66k€375
Tangible fixed assets22/27€66k-
Furniture and vehicles24€66k-
Financial fixed assets28€375€375=
Current assets29/58€363k€613k
Stocks and contracts in progress3€500-
Stocks30/36€500-
Amounts receivable within one year40/41€343k€395k
Trade receivables40€335k€385k
Other amounts receivable41€8k€10k
Current investments50/53€30€30
Cash at bank and in hand54/58€7k€212k
Deferred charges and accrued income490/1€12k€6k
Equity and liabilities
Total equity and liabilities10/49€429k€613k
Equity10/15€300k€446k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€238k€384k
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€232k€378k
Amounts payable17/49€129k€167k
Amounts payable within one year42/48€113k€167k
Trade debts44€58k€99k
Suppliers440/4€58k€99k
Taxes, remuneration and social security45€55k€67k
Taxes450/3€27k€59k
Remuneration and social security454/9€28k€8k
Other amounts payable47/48€368€405
Accrued charges and deferred income492/3€16k-
Income statement Code20242025
Remuneration, social security and pensions62€139k€125k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k-
Other operating charges640/8€13k€12k
Gross operating margin9900€190k€336k
Operating profit (loss)9901€8k€199k
Financial income75/76B€0€197
Recurring financial income75€0€197
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€7k€198k
Income taxes67/77€2k€53k
Profit (loss) for the period9904€4k€146k
Profit (loss) for the period to be appropriated9905€4k€146k
Appropriation of the result
Profit (loss) to be appropriated9906€4k€146k
Transfer to equity691/2€4k€146k
To other reserves6921€4k€146k
Social balance
Average headcount (FTE)90873.02.9

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-08
State Gazette act Restructuring · End & cessation
Merger · Dissolution · Power of attorney4 facts ▸
  • General meeting, 25-06-2026
  • Merger, absorption, comptes annuels de la société absorbée au 1er janvier 2026
  • Dissolution, 01-01-2026
  • Power of attorney, MARTIN Ives Winand Marcel
21-05
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Net-asset statement5 facts ▸
  • Merger, 17-04-2026
  • Accounting effect, 01-01-2026
  • Net-asset statement, 01-01-2026
  • Capital, €250
  • Capital, €125
27-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2018net €146k ▲3161%
Operating result €199k, net result €146k, both a record.
14-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
14-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €1k ▼92%
Net result drops to €1k, the lowest in the series.
31-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
17-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
26-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity doublescurrent ratio 4.11
Current ratio from 2.05 to 4.11; short-term debt falls from €161k to €60k.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
17-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
29-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
19-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Malmedy
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.

Avenue de Norvège 134960 Malmedy
Ground area
2,376 m²
Building footprint
312 m²
Volume, LiDAR
1,989 m³
Parcel 63049F0275/00R000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63049F0275/00R000 Wallonia 2,376 m² 1 · 312 m² 7.9 m · 2 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.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:ETABLISSEMENTS MARTIN
BE 0435.132.892merger by absorption · State Gazette act of 17-08-2026 (4 acts) · effective 01-01-2026

Capital and shareholders

Capital over the years
  1. 21-05-2026 Capital stated in the act · 125 EUR

Similar companies · same sector, comparable size

Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,379 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
Founded06-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.