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TRANSMYL

Active
Public limited companyfounded 198739 years activeWeverijstraat 9, 7700 Mouscron, BelgiumKBO/BCE: BE 0431.525.482
Summary

The computed 12-month bankruptcy probability of TRANSMYL is 2.3% (moderate). The 2024 annual accounts show equity of €5.8m and a net result of €245,819. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 526 sector peers (NACE 77, fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Rental and leasing activities
NACE 77120
#1 company by total assets in Hainaut, Rental and leasing sector5 sites
Size
€12.2mturnover 2024
Staff
34.4 FTE
Equity
€5.8m
Profit
€245,819
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Parent
CLAREBOUT · 100%
Board
4 members
Auditor: KPMG Réviseurs d'EntreprisesAccounts 69 days overdue
Why 52- Figures for FY 2024 (filed 03-07-2025)- Liquidity: current ratio 0.17, cash €907,005- Equity €5.8m (8.8% of total assets)+ Founded in 1987Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 77, small)
Financial strength · tick = 2023
Weak
Solvency 34-19
equity 8.8% of total assets
Liquidity 32-1
short-term debt 41.4% · cash 1.4%
Profitability 66-14
return on assets 0.4%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (465 companies)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.4%▲ +0.3 percentage points vs 08-2026 10-2026: 2.3%▲ +0.9 percentage points vs 09-2026highest value
Credit up to €300,000 at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.66 in 2023; short-term debt: 41.4% and cash: 1.4% of total assets), and 91.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, small): better than 15% on solvency, 26% on liquidity, 38% on profitability and 59% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 03-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.17, cash €907,005
NBB · annual accounts
raises risk · Equity €5.8m (8.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1987
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 526 sector peers (2024).
NBB · sector comparison
Position among 526 sector peers
Solvency
better than 23%
← weakest strongest →
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 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 days early
2023
27 days late
2022
48 days early
2021
30 days late
2020
26 days late
2019
25 days 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 5 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Statutes amendmentCapital · Power of attorney
  2. Resignations & appointmentsPower of attorney
  3. Resignation: EY Réviseurs d'Entreprises SRL (statutory…Appointment: KPMG Réviseurs d'Entreprises SRL…

Key points

  • Positive: Company by total assets in Hainaut, Rental and…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Board changedlatest change 10-12-2025 · 4 in office 4 joined · 2 left View
  • Positive: Result rose in 2024from €159,455 to €245,819 ▲ 54.2% View
  • Controlled by CLAREBOUTultimately: Simplot Europe Holdings 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €245,819 7 years View

By topic

Financials

Fiscal year
2024
Turnover
€12.2m
Profit
€245,819
Solvency
8.8%
Turnover▲ 12.5%
Net result
20232024
Go to Financials

Board & ownership

Board
4 members
Parent
CLAREBOUT · 100%
Auditor
KPMG Réviseurs d'Entreprises
  • Erik BrandenburgManaging director
  • Gert MasselusManaging director
  • Graham DugdaleManaging director
  • James AldermanManaging director
Go to Board & ownership

Timeline

Events
32
Since
2004
  1. 21-01-2026Appointment: Gert Masselus (managing director)
  2. 02-01-2026Statutes amendment
  3. 10-12-2025Resignations: Jan Clarebout (director) and Yves Capoen…
Go to Timeline

Company details

Sites
5
Legal form
Public limited company
Activity
Rental and leasing activitiesNACE 77120
Founded
27-06-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Who signs
Two directors jointly
Financial year
From 1 September to 31 August
Annual meeting
First Thursday of February at 18:00
Purpose
Toutes activités de transport de marchandises pour compte de tiers, chargement…
Go to Articles of association

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