TRANSMOSCA
ActiveSummary
TRANSMOSCA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of €178,367. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 36% of 1133 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74=
Solvency49▲+1
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.05 in 2023; short-term debt: 54.7% and cash: 21.5% of total assets), and 76% of the assets are financed with debt.
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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
24%
Return on assets
3.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €1.1m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
7 d early
2022
6 d early
2021
59 d late
2020
90 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 43 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€178,367▲ 10.5%
2023 · €161,383
Working capital
€129,970▼ 4.8%
2023 · €136,507
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€207,620▲ 244%€244,693▲ 17.9%€346,696▲ 41.7%€291,751▼ 15.8%€354,580▲ 21.5%
Net result€133,781above the sector's middle half▲ 561%€185,814above the sector's middle half▲ 38.9%€220,225above the sector's middle half▲ 18.5%€161,383within the sector's middle half▼ 26.7%€178,367within the sector's middle half▲ 10.5%
Equity€1.2mwithin the sector's middle half▲ 13.0%€1.1mabove the sector's middle half▼ 8.0%€970,903within the sector's middle half▼ 9.4%€964,725within the sector's middle half▼ 0.6%€1.1mwithin the sector's middle half▲ 16.4%
Total assets€3.2mwithin the sector's middle half▲ 8.6%€3.5mabove the sector's middle half▲ 9.4%€3.9mwithin the sector's middle half▲ 10.3%€4.2mwithin the sector's middle half▲ 8.4%€4.7mwithin the sector's middle half▲ 11.3%
Debt€1.7m▲ 5.8%€2.4m▲ 45.8%€2.9m▲ 19.0%€3.2m▲ 11.4%€3.6m▲ 9.8%
Working capital€919,078above the sector's middle half▲ 6.4%€465,341above the sector's middle half▼ 49.4%€313,945within the sector's middle half▼ 32.5%€136,507within the sector's middle half▼ 56.5%€129,970within the sector's middle half▼ 4.8%
Solvency36.2%within the sector's middle half▲ 1.4pp30.5%within the sector's middle half▼ 5.8pp25.0%within the sector's middle half▼ 5.5pp22.9%within the sector's middle half▼ 2.1pp24.0%within the sector's middle half▲ 1.1pp
Current ratio1.71within the sector's middle half▲ 0.061.24within the sector's middle half▼ 0.471.15within the sector's middle half▼ 0.091.05within the sector's middle half▼ 0.101.05within the sector's middle half=
Return on assets (ROA)4.2%within the sector's middle half▲ 3.5pp5.3%within the sector's middle half▲ 1.1pp5.7%within the sector's middle half▲ 0.4pp3.8%within the sector's middle half▼ 1.8pp3.8%within the sector's middle half=
Staff (FTE)20.7within the sector's middle half▲ 5.1%24.6within the sector's middle half24.7within the sector's middle half▲ 0.4%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 22% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.7m
Fixed assets
€2.0m ▲ 26.1%
Current assets
€2.7m ▲ 2.2%
Equity and liabilities €4.7m
Equity
€1.1m ▲ 16.4%
Debt
€3.6m ▲ 9.8%
Debt's share of the balance-sheet total falls from 77.1% to 76.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€795,067▲
2023 · €659,184
Cash flow
€618,854▲
2023 · €528,815
Debt to equity
3.17▼
2023 · 3.36
ROE
15.9%▼
2023 · 16.7%
Interest coverage
7.39▼
2023 · 12.26
Debt ≤ 1 year
€2.6m▲
2023 · €2.5m
Debt > 1 year
€822,001▲
2023 · €520,773
Income taxes
€69,984▼
2023 · €78,969
Staff costs
€945,982▲
2023 · €872,592
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,678 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,678 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €102,484 | €5,643 | €38,842 | €22,664 | ▼ 41.7% |
| Remuneration, social security and pensions62 | - | €715,158 | €761,761 | €872,592 | €945,982 | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €211,005 | €272,319 | €328,639 | €367,432 | €440,487 | ▲ 19.9% |
| Other operating charges640/8 | - | €41,694 | €38,831 | €46,788 | €53,290 | ▲ 13.9% |
| Non-recurring operating charges66A | - | €2,889 | €2,382 | €11,438 | -€271 | ▼ 102% |
| Gross operating margin9900 | €1.1m | €1.3m | €1.5m | €1.6m | €1.8m | ▲ 12.8% |
| Operating profit (loss)9901 | €207,620 | €244,693 | €346,696 | €291,751 | €354,580 | ▲ 21.5% |
| Financial income75/76B | - | €68 | €534 | €2,353 | €1,313 | ▼ 44.2% |
| Recurring financial income75 | €119 | €68 | €534 | €2,353 | €1,313 | ▼ 44.2% |
| Financial charges65/66B | - | €13,118 | €36,749 | €53,752 | €107,541 | ▲ 100% |
| Recurring financial charges65 | €9,484 | €13,118 | €36,749 | €53,752 | €107,541 | ▲ 100% |
| Profit (loss) for the period before taxes9903 | €162,099 | €231,642 | €310,482 | €240,352 | €248,351 | ▲ 3.3% |
| Income taxes67/77 | €28,318 | €45,828 | €90,256 | €78,969 | €69,984 | ▼ 11.4% |
| Profit (loss) for the period9904 | €133,781 | €185,814 | €220,225 | €161,383 | €178,367 | ▲ 10.5% |
| Profit (loss) for the period to be appropriated9905 | €133,781 | €185,814 | €220,225 | €161,383 | €178,367 | ▲ 10.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €3.5m | €3.9m | €4.2m | €4.7m | ▲ 11.3% |
| Formation expenses20 | - | - | - | - | €4,122 | - |
| Fixed assets21/28 | €1.0m | €1.1m | €1.5m | €1.6m | €2.0m | ▲ 26.1% |
| Tangible fixed assets22/27 | €990,025 | €1.1m | €1.5m | €1.6m | €2.0m | ▲ 26.5% |
| Plant, machinery and equipment23 | - | €173,363 | €233,915 | €196,700 | €549,448 | ▲ 179% |
| Furniture and vehicles24 | - | €51,393 | €8,612 | €36,012 | €55,440 | ▲ 53.9% |
| Leasing and similar rights25 | - | €613,309 | €960,031 | €1.0m | €1.0m | ▲ 0.7% |
| Other tangible fixed assets26 | - | €283,129 | €299,277 | €299,024 | €330,993 | ▲ 10.7% |
| Financial fixed assets28 | €19,409 | €19,814 | €19,949 | €19,679 | €19,679 | = |
| Current assets29/58 | €2.2m | €2.4m | €2.4m | €2.6m | €2.7m | ▲ 2.2% |
| Stocks and contracts in progress3 | - | - | - | €488 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €488 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €1.6m | €1.8m | €1.6m | €1.7m | €1.6m | ▼ 4.9% |
| Trade receivables40 | - | €1.6m | €1.5m | €1.5m | €1.4m | ▼ 7.0% |
| Other amounts receivable41 | - | €268,220 | €153,361 | €190,704 | €213,552 | ▲ 12.0% |
| Cash at bank and in hand54/58 | €564,969 | €552,298 | €740,163 | €879,591 | €1.0m | ▲ 14.6% |
| Deferred charges and accrued income490/1 | - | - | - | €30,310 | €45,778 | ▲ 51.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €3.5m | €3.9m | €4.2m | €4.7m | ▲ 11.3% |
| Equity10/15 | €1.2m | €1.1m | €970,903 | €964,725 | €1.1m | ▲ 16.4% |
| Contributions10/11 | - | €74,550 | €74,550 | €74,550 | €74,550 | = |
| Outside capital11 | - | €74,550 | €74,550 | €74,550 | - | - |
| Other1109/19 | - | €74,550 | €74,550 | €74,550 | - | - |
| Reserves13 | €978,872 | €997,386 | €896,353 | €890,175 | €1.0m | ▲ 17.8% |
| Non-distributable reserves130/1 | - | €56,325 | €56,325 | €56,325 | €56,325 | = |
| Reserves not available under the articles1311 | - | €56,325 | €56,325 | €56,325 | €56,325 | = |
| Distributable reserves133 | - | €941,061 | €840,028 | €833,850 | €991,987 | ▲ 19.0% |
| Profit (loss) carried forward14 | €112,271 | - | - | - | €0 | - |
| Provisions and deferred taxes16 | €372,269 | - | - | - | - | - |
| Amounts payable17/49 | €1.7m | €2.4m | €2.9m | €3.2m | €3.6m | ▲ 9.8% |
| Amounts payable after more than one year17 | €390,207 | €350,788 | €653,071 | €520,773 | €822,001 | ▲ 57.8% |
| Financial debts170/4 | - | €350,788 | €653,071 | €520,773 | €822,001 | ▲ 57.8% |
| Amounts payable within one year42/48 | €1.3m | €1.9m | €2.0m | €2.5m | €2.6m | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | €167,285 | €181,750 | €300,658 | €410,476 | ▲ 36.5% |
| Financial debts43 | - | - | - | - | €40,000 | - |
| Credit institutions430/8 | - | - | - | - | €40,000 | - |
| Trade debts44 | €734,449 | €1.1m | €908,078 | €1.1m | €957,638 | ▼ 14.4% |
| Suppliers440/4 | - | €1.1m | €908,078 | €1.1m | €957,638 | ▼ 14.4% |
| Advances received on contracts in progress46 | - | €4,078 | €3,385 | €2,642 | €22,308 | ▲ 744% |
| Taxes, remuneration and social security45 | - | €93,625 | €103,091 | €99,171 | €161,296 | ▲ 62.6% |
| Taxes450/3 | - | €11,315 | €33,738 | €17,259 | €27,397 | ▲ 58.7% |
| Remuneration and social security454/9 | - | €82,310 | €69,353 | €81,912 | €133,899 | ▲ 63.5% |
| Other amounts payable47/48 | - | €531,215 | €850,588 | €976,216 | €971,379 | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | €183,626 | €211,755 | €225,885 | €175,481 | ▼ 22.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €133,781 | €185,814 | €220,225 | €161,383 | €178,367 | ▲ 10.5% |
| + Depreciation and write-downs630 | €211,005 | €272,319 | €328,639 | €367,432 | €440,487 | ▲ 19.9% |
| Operating cash flow (approximation) | €344,786 | €458,133 | €548,864 | €528,815 | €618,854 | ▲ 17.0% |
| Investment in fixed assets (approximation) | - | -€403,894 | -€709,414 | -€420,524 | -€851,864 | ▼ 103% |
| Change in cash | - | -€12,671 | €187,865 | €139,428 | €128,814 | ▼ 7.6% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Equity above €1mEq €1.1m ▲16.4%
7 profitable years in a row build equity to €1.1m.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €220,225 ▲18.5%
Net result €220,225, the highest in the series.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €20,229 ▼87.9%
Net result drops to €20,229, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Binche · 1 establishment unit since 1989
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.
Rue Joseph Stiernon(LEV) 207134 Binche1 establishment unit
Rue Joseph Stiernon(LEV) 26, 7134 Binche
since 19892.042.955.602
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,204. 3,952 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
Founded01-04-1987
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
77320Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430930814
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.