Equity
€2.2m ▼ 4.1%
TRANSNET paid out €287,000 in dividends. That is 148% of the 2025 profit.
TRANSNET
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €1.6m (2016)
€1.4m▼ 2.2%
peak €584,842 (2021)
€193,950▼ 39.7%
peak €2.3m (2024)
€2.2m▼ 4.1%
€585,562▲ 7.1%
peak 13.5 FTE (2006)
11.2 FTE▼ 0.9%
Board2 names since 2021
2 directorsAlain JEHASSE and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Result from €321,550 to €193,950Dividend €287,000
Key points
from the 2025 annual accountsResult
€193,950 ▼ 39.7%
The result fell in 2025 from €321,550 to €193,950.
Investments
€169,593 0.4 × depreciation
Green is investment, beige is depreciation.
Staff
12 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Filings
35 annual accounts since 1991
The 2019 accounts came 24 days late. The other nine of the last ten were filed on time.
Position in the sector
€2.2m
More equity than 94% of companies in land transport. Sector median €241,747 · 2,421 companies.
Checked score
96
Excellent
Financially stronger than 67% of small companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,181 companies (NACE 49, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025highest value
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Founded in 1991
Liquidity: current ratio 2.84, cash €504,590
Equity €2.2m (78.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 49, small). It does better than 95% of them on solvency, 82% on liquidity, 69% on profitability and 21% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as TRANSNET has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of TRANSNET itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for TRANSNET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.84 (2.61 in 2024), above the usual 1.5. Short-term debt is 21.1% and cash 18.2% of total assets. 21.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
36 days early
2023
6 days early
2022
on the day
2021
4 days early
2020
22 days early
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0442541813
2 directors appointed
Alain JEHASSE and Joël JEHASSE · Permanent representative: Alain JEHASSE · “Management; Immobilier (achat,vente,location,…); Location de matériel d'exploitation et matériel roulant; Tout…” (deed in French) · General meeting of 05-12-2023 · Gazette deed
Resignations & appointments
Gazette deed
First establishment
Rue Haute 84, Bassenge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TRANSNET Bassenge | €2.8m | €1.4m | 78.9% | 11.2 |
| SPELTINCX Wuustwezel | €3.0m | €1.4m | 30.8% | 10.7 |
| ALMEC Genk | €3.1m | €1.3m | 37.7% | 12 |
| INTERVERVOER DE LEERSNIJDER Anzegem | €2.9m | €1.5m | 13.0% | 10.7 |
| Vervoer Vermeersch Wielsbeke | €3.1m | €1.5m | 73.6% | 11.7 |
| VANLANGENAKER TRANSPORT Sint-Truiden | €2.6m | €1.3m | 74.7% | 12.4 |
| DESTOTRANS Oostrozebeke | €3.2m | €1.6m | 70.2% | 10.2 |
These companies have the same main activity as TRANSNET: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €2.6m and €3.2m, founded between 1986 and 1991.
Official details
Source: KBO- Status
- Active since 25-01-1991Normal situation
- Activity
- Freight transport by roadNACE 49410and 3 others
- Joint committees
- 140Transport and logistics
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.051.915.2344690 Bassenge, since 14-03-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- ≈ €2.6mestimated
- €2.8m▼ 1.9%
- Employeeson 31-12-2025
- 12▲ 9.1%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on TRANSNET
TRANSNET files the abbreviated format. That format states no turnover. The gross margin fell from €1.5m in 2006 to €1.4m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TRANSNET
- What is the company number of TRANSNET?
- The company number of TRANSNET is 0442.541.813. The VAT number is the same number with BE in front: BE 0442.541.813.
- Where is TRANSNET based?
- The registered office is at Rue Haute 84, 4690 Bassenge.Company details
- What does TRANSNET do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of TRANSNET?
- TRANSNET is a private limited company (BV).
- When was TRANSNET founded?
- TRANSNET was founded on 25-01-1991.
- Is TRANSNET still active?
- Yes, TRANSNET is an active enterprise in the KBO register.
- How many employees does TRANSNET have?
- TRANSNET had an average of 11.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TRANSNET fall under?
- In its 2025 annual accounts, TRANSNET states joint committees 140 (Transport and logistics) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of TRANSNET?
- The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.4m and 31 comparable companies (NACE 49410). It probably lies between €2.3m and €3.1m.
- Is TRANSNET profitable?
- In financial year 2025, TRANSNET made a profit of €193,950.
- Where can I find the annual accounts of TRANSNET?
- TRANSNET filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TRANSNET due?
- TRANSNET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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