Transmate
ActiveSummary
Transmate has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €-18k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 53% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-41
Solvency88=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 2.67 in 2024; short-term debt: 30.4% and cash: 55.6% of total assets), and 37.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
62.5%
Return on assets
-8.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
51 d early
2024
on the day
2023
128 d early
2022
64 d early
2021
152 d early
2020
52 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€131k▼ 12.3%
2024 · €149k
Total assets
€209k▼ 11.8%
2024 · €237k
Net result
€-18k
2024 · €31k
Working capital
€111k▲ 5.8%
2024 · €105k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26k▲ 29.5%€-50k€38k€30k▼ 22.2%€-13k
Net result€24k▲ 36.4%€-52k€33k€31k▼ 5.3%€-18k
Equity€137k▲ 21.6%€86k▼ 37.7%€118k▲ 38.0%€149k▲ 26.1%€131k▼ 12.3%
Total assets€233k▼ 0.1%€218k▼ 6.2%€268k▲ 22.6%€237k▼ 11.4%€209k▼ 11.8%
Debt€95k▼ 20.6%€133k▲ 39.1%€149k▲ 12.7%€88k▼ 41.1%€78k▼ 11.0%
Working capital€10k€-4k€50k€105k▲ 110%€111k▲ 5.8%
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 2025: a loss of €13k after €30k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€35k ▼ 50.0%
Current assets
€174k ▲ 4.0%
Equity and liabilities €209k
Equity
€131k ▼ 12.3%
Debt
€78k ▼ 11.0%
Debt's share of the balance-sheet total rises from 37.1% to 37.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €65k
Cash flow
€16k▼
2024 · €66k
Current ratio
2.74▲
2024 · 2.67
Debt to equity
0.60▲
2024 · 0.59
ROE
-14.0%▼
2024 · 20.7%
ROA
-8.8%▼
2024 · 13.0%
Interest coverage
4.33▼
2024 · 48.19
Debt ≤ 1 year
€63k▲
2024 · €63k
Debt > 1 year
€15k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49k | €57k | €52k | €36k | €35k | ▼ 2.3% |
| Other operating charges640/8 | - | €42k | €493 | €505 | €507 | ▲ 0.4% |
| Gross operating margin9900 | €75k | €49k | €90k | €66k | €22k | ▼ 66.7% |
| Operating profit (loss)9901 | €26k | €-50k | €38k | €30k | €-13k | ▼ 145% |
| Financial income75/76B | - | €6 | €59 | €2k | €2 | ▼ 99.9% |
| Recurring financial income75 | - | €6 | €59 | €2k | €2 | ▼ 99.9% |
| Financial charges65/66B | - | €2k | €2k | €1k | €5k | ▲ 265% |
| Recurring financial charges65 | €1k | €2k | €2k | €1k | €5k | ▲ 265% |
| Profit (loss) for the period before taxes9903 | €24k | €-52k | €36k | €31k | €-18k | ▼ 159% |
| Income taxes67/77 | - | - | €3k | €0 | - | - |
| Profit (loss) for the period9904 | €24k | €-52k | €33k | €31k | €-18k | ▼ 159% |
| Profit (loss) for the period to be appropriated9905 | €24k | €-52k | €33k | €31k | €-18k | ▼ 159% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €233k | €218k | €268k | €237k | €209k | ▼ 11.8% |
| Fixed assets21/28 | €149k | €135k | €104k | €70k | €35k | ▼ 50.0% |
| Tangible fixed assets22/27 | €149k | €135k | €104k | €70k | €35k | ▼ 50.0% |
| Plant, machinery and equipment23 | - | €135k | €104k | €70k | €35k | ▼ 50.0% |
| Current assets29/58 | €84k | €83k | €164k | €167k | €174k | ▲ 4.0% |
| Amounts receivable within one year40/41 | €64k | €65k | €78k | €76k | €57k | ▼ 23.9% |
| Trade receivables40 | - | €65k | €76k | €75k | €56k | ▼ 25.7% |
| Other amounts receivable41 | - | - | €2k | €105 | €1k | ▲ 1,249% |
| Cash at bank and in hand54/58 | €20k | €18k | €85k | €92k | €116k | ▲ 26.8% |
| Deferred charges and accrued income490/1 | - | €344 | €344 | €344 | €586 | ▲ 70.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €233k | €218k | €268k | €237k | €209k | ▼ 11.8% |
| Equity10/15 | €137k | €86k | €118k | €149k | €131k | ▼ 12.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €34k | €34k | €34k | = |
| Distributable reserves133 | - | €2k | €34k | €34k | €34k | = |
| Profit (loss) carried forward14 | €117k | €65k | €65k | €96k | €78k | ▼ 19.1% |
| Amounts payable17/49 | €95k | €133k | €149k | €88k | €78k | ▼ 11.0% |
| Amounts payable after more than one year17 | €21k | €45k | €35k | €25k | €15k | ▼ 41.2% |
| Financial debts170/4 | - | €45k | €35k | €25k | €15k | ▼ 41.2% |
| Amounts payable within one year42/48 | €74k | €87k | €114k | €63k | €63k | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | - | €10k | €10k | €10k | €10k | ▲ 1.6% |
| Financial debts43 | - | - | - | €19 | €62 | ▲ 222% |
| Credit institutions430/8 | - | - | - | €19 | €62 | ▲ 222% |
| Trade debts44 | €48k | €65k | €95k | €46k | €52k | ▲ 11.4% |
| Suppliers440/4 | - | €65k | €95k | €46k | €52k | ▲ 11.4% |
| Taxes, remuneration and social security45 | - | €2k | €3k | €5k | €175 | ▼ 96.3% |
| Taxes450/3 | - | €2k | €3k | €5k | €175 | ▼ 96.3% |
| Other amounts payable47/48 | - | €11k | €6k | €1k | €1k | ▼ 16.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €-52k | €33k | €31k | €-18k | ▼ 159% |
| + Depreciation and write-downs630 | €49k | €57k | €52k | €36k | €35k | ▼ 2.3% |
| Operating cash flow (approximation) | €74k | €5k | €84k | €66k | €16k | ▼ 75.2% |
| Investment in fixed assets (approximation) | - | €-43k | €-20k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €-2k | €68k | €6k | €25k | ▲ 300% |
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
Next filing, fiscal year 2026, expected by
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
30-06
Financial
Equity above €100kEq €118k ▲38%
Equity rises from €86k to €118k.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €100kEq €113k ▲18.8%
2 profitable years in a row build equity to €113k.
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2015
Ground area
774 m²
Building footprint
216 m²
Volume, LiDAR
1,641 m³
2 parcels, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Edingsesteenweg 60, 1755 Pajottegem
since 20152.244.513.682
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024B0323/00B003 | Flanders | 552 m² | 1 · 131 m² | 8.5 m · 2 fl. |
| 11003A0182/00D005 | Flanders | 223 m² | 1 · 84 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
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BE 0884.177.665
Braine-l'Alleud · Eq €130,800
Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,913 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-07-2015
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63920Other information service activities
Scores and ratios are computed by Checked and are not a credit decision.