TRANSMO PACK
ActiveSummary
The computed 12-month bankruptcy probability of TRANSMO PACK is 1.7% (moderate). The 2024 annual accounts show equity of €18k and a net result of €5k. Equity is growing by ~61.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 15865 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability44▼-26
Solvency35=
Growth85=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.11 against 1.1 in 2023; short-term debt: 89.5% and cash: 5.2% of total assets), and 89.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more 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 2024Solvency, return and age of the figures
Solvency
10.5%
Return on assets
2.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-12-2025, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
123 d late
2023
345 d late
2022
185 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
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 2024, micro schema
Turnover
€164k▼ 0.7%
2023 · €166k
EBIT margin
4.7%▼ 2.1pp
2023 · 6.8%
Net result
€5k▼ 58.0%
2023 · €11k
Working capital
€17k▲ 38.0%
2023 · €12k
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
Line202220232024
Turnover€108k-€166k▲ 53.9%€164k▼ 0.7%
Operating result€-7k-€11k€8k▼ 31.7%
Net result€-6k-€11k€5k▼ 58.0%
EBIT margin-6.3%-6.8%▲ 13.0pp4.7%▼ 2.1pp
Equity€2k-€13k▲ 630%€18k▲ 36.3%
Total assets€104k-€136k▲ 31.1%€168k▲ 24.0%
Debt€102k-€123k▲ 20.7%€151k▲ 22.7%
Working capital€-578-€12k€17k▲ 38.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €168k
Equity
€18k ▲ 36.3%
Debt
€151k ▲ 22.7%
Debt's share of the balance-sheet total falls from 90.5% to 89.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.11▲
2023 · 1.10
Quick ratio
0.66▼
2023 · 0.81
Debt to equity
8.57▼
2023 · 9.52
ROE
26.6%▼
2023 · 86.3%
ROA
2.8%▼
2023 · 8.2%
Debt ≤ 1 year
€151k▲
2023 · €123k
Income taxes
€2k
Staff costs
€13k▼
2023 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €108k | €166k | €164k | ▼ 0.7% |
| Non-recurring operating income76A | - | €48k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €98k | €159k | €144k | ▼ 9.5% |
| Remuneration, social security and pensions62 | €14k | €40k | €13k | ▼ 68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | - | - |
| Other operating charges640/8 | €2k | €1k | €243 | ▼ 79.3% |
| Gross operating margin9900 | €10k | €54k | €21k | ▼ 61.8% |
| Operating profit (loss)9901 | €-7k | €11k | €8k | ▼ 31.7% |
| Financial income75/76B | €1k | - | - | - |
| Recurring financial income75 | €1k | - | - | - |
| Financial charges65/66B | €100 | €100 | €144 | ▲ 43.6% |
| Recurring financial charges65 | €100 | €100 | €144 | ▲ 43.6% |
| Profit (loss) for the period before taxes9903 | €-6k | €11k | €8k | ▼ 32.4% |
| Transfer to deferred taxes680 | - | - | €1k | - |
| Income taxes67/77 | - | - | €2k | - |
| Profit (loss) for the period9904 | €-6k | €11k | €5k | ▼ 58.0% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €11k | €5k | ▼ 58.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €104k | €136k | €168k | ▲ 24.0% |
| Formation expenses20 | €599 | €599 | €599 | = |
| Fixed assets21/28 | €2k | - | - | - |
| Tangible fixed assets22/27 | €2k | - | - | - |
| Furniture and vehicles24 | €2k | - | - | - |
| Current assets29/58 | €101k | €135k | €168k | ▲ 24.1% |
| Stocks and contracts in progress3 | - | €35k | €68k | ▲ 93.6% |
| Stocks30/36 | - | €35k | €68k | ▲ 93.6% |
| Amounts receivable within one year40/41 | €96k | €94k | €91k | ▼ 3.8% |
| Trade receivables40 | €95k | €88k | €82k | ▼ 6.6% |
| Other amounts receivable41 | €1k | €7k | €9k | ▲ 33.4% |
| Cash at bank and in hand54/58 | €3k | €5k | €9k | ▲ 59.5% |
| Deferred charges and accrued income490/1 | €2k | €499 | €499 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €104k | €136k | €168k | ▲ 24.0% |
| Equity10/15 | €2k | €13k | €18k | ▲ 36.3% |
| Reserves13 | €378 | €378 | €5k | ▲ 1,241% |
| Non-distributable reserves130/1 | €378 | €378 | €378 | = |
| Reserves not available under the articles1311 | €378 | - | - | - |
| Other1319 | - | €378 | €378 | = |
| Distributable reserves133 | - | - | €5k | - |
| Profit (loss) carried forward14 | €1k | €13k | €13k | = |
| Amounts payable17/49 | €102k | €123k | €151k | ▲ 22.7% |
| Amounts payable within one year42/48 | €102k | €123k | €151k | ▲ 22.7% |
| Trade debts44 | €79k | €50k | €68k | ▲ 36.3% |
| Suppliers440/4 | €79k | €50k | €68k | ▲ 36.3% |
| Taxes, remuneration and social security45 | €2k | €10k | €23k | ▲ 140% |
| Taxes450/3 | - | €7k | - | - |
| Remuneration and social security454/9 | €2k | €2k | €23k | ▲ 923% |
| Other amounts payable47/48 | €20k | €64k | €60k | ▼ 5.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €11k | €5k | ▼ 58.0% |
| + Depreciation and write-downs630 | €1k | €2k | - | - |
| Operating cash flow (approximation) | €-4k | €13k | €5k | ▼ 63.7% |
| Change in cash | - | €2k | €3k | ▲ 57.6% |
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
01-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 123 days late
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 345 days late
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 185 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Asse · 1 establishment unit since 2020
Ground area
1.3 ha
Building footprint
4,716 m²
Volume, LiDAR
17,673 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TRANSMO PACK
since 20202.308.602.770
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
| 23053B0258/00W005 | Flanders | 5,302 m² | 1 · 2,927 m² | 10.4 m · 2 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.
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Of 6,149 companies in sector 46190 we hold annual accounts for 2,571. 1,613 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
Founded01-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
49410Freight transport by road
Contact
E-mail
transmopack@gmail.com
E-mail
aliajdir@hotmail.com
Phone
+32491887744
Scores and ratios are computed by Checked and are not a credit decision.