Transnubel
ActiveSummary
The computed 12-month bankruptcy probability of Transnubel is 1.6% (moderate). The 2025 annual accounts show negative equity (-€5.4m) and a net result of -€7.6m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 877 sector peers (fiscal year 2025). The company has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-36
Solvency3▼-30
Growth44▼-21
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.99 against 1.64 in 2024; short-term debt: 30.5% and cash: 0.6% of total assets), but equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight 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
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
-22.3%
Return on assets
-31.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€5.4m
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
45 d early
2023
23 d early
2022
13 d early
2021
19 d early
2020
9 d late
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#1 company by total assets in Sint-Joost-ten-Node, Transport and storage sector#1 oldest company in Sint-Joost-ten-Node, Transport and storage sector#6 employer in the Brussels-Capital Region, Land transport sector
Turnover
€25.4m▼ 22.8%
2024 · €32.9m
EBIT margin
-27.9%▼ 28.7pp
2024 · 0.9%
Net result
-€7.6m▼ 1,527%
2024 · -€467,196
Working capital
€14.7m▲ 61.6%
2024 · €9.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€18.3m▲ 112%€29.5m▲ 61.1%€35.7m▲ 21.2%€32.9m▼ 7.8%€25.4m▼ 22.8%
Operating result-€853,704▲ 69.9%€357,472€2.1m▲ 491%€290,269▼ 86.3%-€7.1m
Net result-€922,139below the sector's middle half▲ 68.0%€224,835above the sector's middle half€2.4mabove the sector's middle half▲ 977%-€467,196below the sector's middle half-€7.6mbelow the sector's middle half▼ 1,527%
EBIT margin-4.7%▲ 28.2pp1.2%▲ 5.9pp5.9%▲ 4.7pp0.9%▼ 5.0pp-27.9%▼ 28.7pp
Equity€6,531below the sector's middle half€231,365within the sector's middle half▲ 3,443%€2.7mabove the sector's middle half▲ 1,046%€2.2mwithin the sector's middle half▼ 17.6%-€5.4mbelow the sector's middle half
Total assets€19.1mabove the sector's middle half▲ 197%€21.5mabove the sector's middle half▲ 12.5%€21.4mabove the sector's middle half▼ 0.5%€25.8mabove the sector's middle half▲ 20.5%€24.3mabove the sector's middle half▼ 5.9%
Debt€11.7m▲ 76.2%€13.7m▲ 17.8%€11.3m▼ 17.4%€15.8m▲ 39.5%€20.2m▲ 27.6%
Working capital€6.7mabove the sector's middle half€7.3mabove the sector's middle half▲ 8.0%€9.3mabove the sector's middle half▲ 27.5%€9.1mabove the sector's middle half▼ 2.1%€14.7mabove the sector's middle half▲ 61.6%
Solvency0.0%below the sector's middle half▲ 38.7pp1.1%below the sector's middle half▲ 1.0pp12.4%below the sector's middle half▲ 11.3pp8.5%below the sector's middle half▼ 3.9pp-22.3%below the sector's middle half▼ 30.8pp
Current ratio1.74within the sector's middle half▲ 1.011.64within the sector's middle half▼ 0.101.96within the sector's middle half▲ 0.321.64within the sector's middle half▼ 0.322.99above the sector's middle half▲ 1.34
Return on assets (ROA)-4.8%below the sector's middle half▲ 39.9pp1.0%within the sector's middle half▲ 5.9pp11.3%above the sector's middle half▲ 10.3pp-1.8%below the sector's middle half▼ 13.1pp-31.3%below the sector's middle half▼ 29.5pp
Staff (FTE)130.1above the sector's middle half▲ 170%342.1above the sector's middle half▲ 163%317.6above the sector's middle half▼ 7.2%282above the sector's middle half▼ 11.2%247.8above the sector's middle half▼ 12.1%
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 turns negative in 2025: a loss of €7.1m after €290,269 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24.3m
Fixed assets
€2.2m ▼ 15.9%
Current assets
€22.1m ▼ 4.8%
Equity and liabilities
Equity-€5.4m
Debt€20.2m
Equity is negative: debt (€20.2m) exceeds the balance-sheet total (€24.3m).
Key figures and ratios
EBITDA
-€6.7m▼
2024 · €680,805
Cash flow
-€7.2m▼
2024 · -€76,660
Quick ratio
2.64▲
2024 · 1.46
Interest coverage
-14.15▼
2024 · 2.72
Debt ≤ 1 year
€7.4m▼
2024 · €14.1m
Debt > 1 year
€12.8m▲
2024 · €1.7m
Income taxes
€10,938▼
2024 · €490,283
Staff costs
€18.0m▲
2024 · €18.0m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 108 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 81% are still going.
- Medium-sized
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
6.5%
went bankrupt
11%
stopped otherwise
81%
still going
A further 1.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 108 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €19.3m | €33.3m | €38.3m | €35.6m | €27.1m | ▼ 23.7% |
| Turnover70 | €18.3m | €29.5m | €35.7m | €32.9m | €25.4m | ▼ 22.8% |
| Own construction capitalised72 | €101,850 | €10,433 | - | - | - | - |
| Other operating income74 | €857,851 | €3.8m | €2.6m | €2.7m | €1.7m | ▼ 34.6% |
| Non-recurring operating income76A | €50,000 | - | - | - | - | - |
| Operating charges60/66A | €20.2m | €32.9m | €36.2m | €35.3m | €34.2m | ▼ 3.0% |
| Goods for resale, raw materials and consumables60 | €5.2m | €6.7m | €10.5m | €9.4m | €7.3m | ▼ 22.3% |
| Purchases600/8 | €5.2m | €6.7m | €10.5m | €11.9m | €7.3m | ▼ 38.8% |
| Change in stocks: decrease (increase)609 | - | - | - | -€2.5m | - | - |
| Services and other goods61 | €4.0m | €6.1m | €5.9m | €6.4m | €6.7m | ▲ 3.9% |
| Remuneration, social security and pensions62 | €10.7m | €19.2m | €19.3m | €18.0m | €18.0m | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €396,335 | €445,041 | €402,425 | €390,536 | €418,332 | ▲ 7.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€188,696 | €92,327 | -€152,531 | €372,457 | €1.6m | ▲ 337% |
| Other operating charges640/8 | €137,515 | €131,522 | €138,017 | €149,836 | €76,717 | ▼ 48.8% |
| Non-recurring operating charges66A | - | €195,782 | €123,949 | €614,901 | €152,251 | ▼ 75.2% |
| Operating profit (loss)9901 | -€853,704 | €357,472 | €2.1m | €290,269 | -€7.1m | ▼ 2,538% |
| Financial income75/76B | €11,316 | €4,684 | €823,818 | €23,019 | €1,485 | ▼ 93.5% |
| Recurring financial income75 | €10,699 | €4,684 | €823,818 | €23,019 | €1,485 | ▼ 93.5% |
| Income from financial fixed assets750 | - | €4,532 | €3,475 | - | - | - |
| Income from current assets751 | €24 | - | €20,342 | €15,360 | - | - |
| Other financial income752/9 | €10,675 | €152 | €800,000 | €7,659 | €1,485 | ▼ 80.6% |
| Non-recurring financial income76B | €617 | - | - | - | - | - |
| Financial charges65/66B | €63,577 | €87,316 | €148,333 | €290,201 | €516,486 | ▲ 78.0% |
| Recurring financial charges65 | €63,577 | €87,316 | €148,333 | €290,201 | €516,486 | ▲ 78.0% |
| Debt charges650 | €55,278 | €63,381 | €104,768 | €250,401 | €470,671 | ▲ 88.0% |
| Other financial charges652/9 | €8,299 | €23,935 | €43,564 | €39,800 | €45,815 | ▲ 15.1% |
| Profit (loss) for the period before taxes9903 | -€905,965 | €274,841 | €2.8m | €23,086 | -€7.6m | ▼ 32,983% |
| Income taxes67/77 | €16,175 | €50,006 | €368,247 | €490,283 | €10,938 | ▼ 97.8% |
| Taxes670/3 | €16,175 | €50,054 | €368,247 | €490,283 | €22,730 | ▼ 95.4% |
| Tax adjustments and reversals of tax provisions77 | - | €48 | - | - | €11,792 | - |
| Profit (loss) for the period9904 | -€922,139 | €224,835 | €2.4m | -€467,196 | -€7.6m | ▼ 1,527% |
| Transfer from tax-exempt reserves789 | - | €747,600 | €605,200 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€922,139 | €972,435 | €3.0m | -€467,196 | -€7.6m | ▼ 1,527% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.1m | €21.5m | €21.4m | €25.8m | €24.3m | ▼ 5.9% |
| Fixed assets21/28 | €3.3m | €2.9m | €2.5m | €2.6m | €2.2m | ▼ 15.9% |
| Tangible fixed assets22/27 | €3.3m | €2.8m | €2.4m | €2.5m | €2.1m | ▼ 16.4% |
| Land and buildings22 | €1.5m | €1.2m | €1.0m | €804,486 | €593,527 | ▼ 26.2% |
| Plant, machinery and equipment23 | €1.7m | €1.5m | €1.4m | €1.7m | €1.5m | ▼ 11.0% |
| Furniture and vehicles24 | €57,206 | €38,571 | €13,866 | €30,616 | €17,135 | ▼ 44.0% |
| Other tangible fixed assets26 | €16,011 | €12,576 | €9,140 | €5,704 | €2,268 | ▼ 60.2% |
| Assets under construction and advance payments27 | €34,919 | - | - | - | - | - |
| Financial fixed assets28 | €74,430 | €86,295 | €74,025 | €73,080 | €73,080 | = |
| Affiliated companies280/1 | €12,500 | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Participating interests280 | €12,500 | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Other financial fixed assets284/8 | €61,930 | €73,795 | €61,525 | €60,580 | €60,580 | = |
| Shares284 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Amounts receivable and cash guarantees285/8 | €1,930 | €13,795 | €1,525 | €580 | €580 | = |
| Current assets29/58 | €15.8m | €18.6m | €18.9m | €23.2m | €22.1m | ▼ 4.8% |
| Stocks and contracts in progress3 | - | - | - | €2.5m | €2.5m | = |
| Stocks30/36 | - | - | - | €2.5m | €2.5m | = |
| Raw materials and consumables30/31 | - | - | - | €2.5m | €2.5m | = |
| Amounts receivable within one year40/41 | €15.6m | €17.6m | €16.3m | €20.4m | €19.3m | ▼ 5.2% |
| Trade receivables40 | €14.3m | €17.3m | €16.2m | €20.2m | €19.2m | ▼ 4.7% |
| Other amounts receivable41 | €1.3m | €306,050 | €121,827 | €231,168 | €125,422 | ▼ 45.7% |
| Current investments50/53 | - | - | €2.4m | - | - | - |
| Other investments51/53 | - | - | €2.4m | - | - | - |
| Cash at bank and in hand54/58 | €3,380 | €794,750 | €62,829 | €91,612 | €139,143 | ▲ 51.9% |
| Deferred charges and accrued income490/1 | €248,106 | €213,214 | €103,034 | €191,712 | €85,104 | ▼ 55.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.1m | €21.5m | €21.4m | €25.8m | €24.3m | ▼ 5.9% |
| Equity10/15 | €6,531 | €231,365 | €2.7m | €2.2m | -€5.4m | ▼ 348% |
| Contributions10/11 | €2.7m | €2.7m | €2.7m | €2.7m | €2.7m | = |
| Capital10 | €2.7m | €2.7m | €2.7m | €2.7m | €2.7m | = |
| Issued capital100 | €2.7m | €2.7m | €2.7m | €2.7m | €2.7m | = |
| Reserves13 | €1.4m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Non-distributable reserves130/1 | €62,200 | €62,200 | €62,200 | €62,200 | €62,200 | = |
| Legal reserve130 | €62,200 | €62,200 | €62,200 | €62,200 | €62,200 | = |
| Tax-exempt reserves132 | €1.4m | €627,865 | €22,665 | €22,665 | €22,665 | = |
| Distributable reserves133 | - | €510,320 | €1.1m | €1.1m | €1.1m | = |
| Profit (loss) carried forward14 | -€4.1m | -€3.6m | -€1.2m | -€1.7m | -€9.3m | ▼ 452% |
| Provisions and deferred taxes16 | €7.5m | €7.6m | €7.4m | €7.8m | €9.5m | ▲ 21.9% |
| Provisions for liabilities and charges160/5 | €7.5m | €7.6m | €7.4m | €7.8m | €9.5m | ▲ 21.9% |
| Pensions and similar obligations160 | €3,354 | - | - | - | - | - |
| Major repairs and maintenance162 | €6.5m | €5.6m | €6.0m | €6.0m | €5.4m | ▼ 9.8% |
| Other liabilities and charges164/5 | €936,726 | €2.0m | €1.4m | €1.8m | €4.1m | ▲ 129% |
| Amounts payable17/49 | €11.7m | €13.7m | €11.3m | €15.8m | €20.2m | ▲ 27.6% |
| Amounts payable after more than one year17 | €1.7m | €1.7m | €1.7m | €1.7m | €12.8m | ▲ 653% |
| Financial debts170/4 | €1.7m | €1.7m | €1.7m | €1.7m | €12.8m | ▲ 653% |
| Other loans174 | €1.7m | €1.7m | €1.7m | €1.7m | €12.8m | ▲ 653% |
| Amounts payable within one year42/48 | €9.1m | €11.3m | €9.6m | €14.1m | €7.4m | ▼ 47.6% |
| Financial debts43 | €665,602 | - | - | €8.0m | €694,399 | ▼ 91.3% |
| Other loans439 | €665,602 | - | - | €8.0m | €694,399 | ▼ 91.3% |
| Trade debts44 | €2.8m | €3.7m | €4.1m | €2.3m | €1.9m | ▼ 14.3% |
| Suppliers440/4 | €2.8m | €3.7m | €4.1m | €2.3m | €1.9m | ▼ 14.3% |
| Advances received on contracts in progress46 | €1.8m | €3.0m | €982,889 | €421,886 | €932,315 | ▲ 121% |
| Taxes, remuneration and social security45 | €3.8m | €3.8m | €4.6m | €3.4m | €3.8m | ▲ 11.4% |
| Taxes450/3 | €775,599 | €204,495 | €991,144 | €247,610 | €239,167 | ▼ 3.4% |
| Remuneration and social security454/9 | €3.1m | €3.6m | €3.6m | €3.2m | €3.6m | ▲ 12.6% |
| Other amounts payable47/48 | - | €802,233 | €1,488 | - | - | - |
| Accrued charges and deferred income492/3 | €888,101 | €686,430 | - | €13,814 | €4,459 | ▼ 67.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€922,139 | €224,835 | €2.4m | -€467,196 | -€7.6m | ▼ 1,527% |
| + Depreciation and write-downs630 | €396,335 | €445,041 | €402,425 | €390,536 | €418,332 | ▲ 7.1% |
| Operating cash flow (approximation) | -€525,804 | €669,876 | €2.8m | -€76,660 | -€7.2m | ▼ 9,272% |
| Investment in fixed assets (approximation) | - | -€18,247 | €17,656 | -€504,130 | -€6,183 | ▲ 98.8% |
| Change in cash | - | €791,370 | -€731,921 | €28,783 | €47,531 | ▲ 65.1% |
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
2026
01-09
State Gazette act
Appointment: Forvis Mazars Bedrijfrevisoren (statutory auditor)Auditor report · Statutes amendment · Power of attorney8 facts ▸
State Gazette act
Appointment: Forvis Mazars Bedrijfrevisoren (statutory auditor)
Auditor report · Statutes amendment · Power of attorney8 facts ▸
- Other statement, board report on contribution in kind, artikelen 7:179 en 7:197 van het Wetboek van vennootschappen en verenigingen
- Auditor report, 26-08-2026
- Other statement, booking of issue premium, 8726000
- Statutes amendment, 5
- Power of attorney
- Power of attorney
- Auditor appointment, Forvis Mazars Bedrijfrevisoren (statutory auditor)
- Capital increase, €274.000
03-08
State Gazette act
Resignation: Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)Reappointment: Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)8 facts ▸
State Gazette act
Resignation: Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)
Reappointment: Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)8 facts ▸
- General meeting, 20-05-2026
- Auditor resignation, Forvis Mazars Bedrijfsrevisoren BV
- Auditor reappointment, Forvis Mazars Bedrijfsrevisoren BV
- Board meeting, 03-04-2026
- Board composition, Philippe MASEREEL (chair)
- Board composition, Matthieu TRENCHANT (managing director)
- Board composition, Christian de LAFFOREST (director)
- Board composition, Mark DIRCKX (director)
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
05-05
State Gazette act
MiscellaneousBoard composition91 facts ▸
State Gazette act
Miscellaneous
Board composition91 facts ▸
- Board meeting, 02-10-2025
- Board composition, Philippe MASEREEL (chair)
- Board composition, Matthieu TRENCHANT (managing director)
- Board composition, Christian de LAFFOREST (director)
- Board composition, Mark DIRCKX (director)
- Other statement, effectiviteit en vervanging van volmachten, vorige handtekening-bevoegdheden
- Other statement, BIJLAGE 1 – PURCHASE ORDERS LEVEL 1 (> 1 M€), Chief Procurement Officer
- Other statement, BIJLAGE 1 – PURCHASE ORDERS LEVEL 1 (> 1 M€), Head of Procurement
- Other statement, BIJLAGE 1 – PURCHASE ORDERS LEVEL 1 (> 1 M€), Head of Procurement
- Other statement, BIJLAGE 1 – PURCHASE ORDERS LEVEL 1 (> 1 M€), Head of Procurement
- Other statement, BIJLAGE 1 – PURCHASE ORDERS LEVEL 1 (> 1 M€), Head of Procurement
- Other statement, BIJLAGE 2 – PURCHASE ORDERS LEVEL 2 ( 1 M€), Procurement Manager Mobility
- +79 further facts in this act
2025
31-12
Financial
Weakest financial yearnet -€7.6m
Net result drops to -€7.6m, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €2.4m ▲977%
Operating result €2.1m, net result €2.4m, both a record.
31-12
Financial
Equity above €2mEq €2.7m ▲1,046%
2 profitable years in a row build equity to €2.7m.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €224,835
Net result €224,835 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €231,365 ▲3,443%
Equity rises from €6,531 to €231,365.
Show earlier events
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.74
Current ratio from 0.73 to 1.74.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
6 of 62 acts read
About the unread acts
Of the 62 Belgian State Gazette acts we know for this company, 6 have been read. The other 56 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
Forvis Mazars Réviseurs d’Entreprises
CurrentAuditor · since 03-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 2 establishment units since 1983
Ground area
1.9 ha
Building footprint
1.0 ha
Volume, LiDAR
78,500 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 53.4 m, ±14 floors. Linked by address, not a title deed.
168
companies at this address
See who is registered here
2 establishment units
Zandbergen 1, 2480 Dessel
since 19832.038.087.883
Transnubel
since 20212.313.678.048
3 parcels
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068A0495/00N000 | Wallonia | 1.0 ha | 1 · 5,801 m² | - |
| 13006F0006/00W000 | Flanders | 5,876 m² | 1 · 2,563 m² | 7.5 m · 2 fl. |
| 21014A0003/00M022 | Brussels | 2,542 m² | 1 · 1,816 m² | 53.4 m · 14 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Forvis Mazars Réviseurs d’Entreprises |
|
Articles of association
Who signs
Two directors jointly
Other statement
2 provisions in the deed
Power of attorney
Johan VERELST
Kurt VAN CLEEMPUT
Ken COLEBUNDERS
Ann VANDEN BRANDEN
Marc VANELVERDINGHE
Serge VAN TENDELOO
Johan VAN UYTVEN
Bernard VANSTAPEL
Filipe Miguel ARAUJO PEREIRA
Vincent CLAESKENS
Isabelle CROZAZ
Michel DAENINCK
Niki DE MEYER
Gina DE MOTÉ
Kevin DE REYS
Tom DE RUDDER
Marc DEKIMPE
Cédric DESSY
Patrick FORTEMS
Didier FOUCART
Franco GUIDO
Christine HANSSENS
Anoushka HELSEN
Arnaud HOCHART
Jean-Baptiste LEMOINE
Mariska LUBBERS
Philippe MICHAUX
Karina MISPLON
Jozef MOORS
Hamid NASSIRI
Patrick NUYDENS
Florence REYPENS
Jessica ROUSSEAU
Wesley SEERDEN
Catherine SPANOGHE
Brecht SYMONS
Rachel TANG
Patrick TROOSTERS
Linda VAN DEN BROECK
Dimitri VAN RHIENEN
Dirk VANDONINCK
Tina ADRIAENSSEN
Eveline BUDNA
Joëlle DENIS
Sibel DILEN
Amina IHTIJAREVIC
Patricia JOOSTEN
Mahdi LOULJI
Veronique PATERNOSTER
Lucas PIERI
Nadia ZAOUAGHI
Jean-Pierre MARTIN
Rudy GOOSSENS
Elke LONGIN
Nathalie SOUPART
Sophie DE CONINCK
Edit ASLANIAN
Ann BAEYENS
Chiara DE SCHRYVER
Benoît EVRARD
Marie GYSEL
Hanne HOLSTERS
Valérie JORDENS
Géraldine KETELAER
Véronique LION
Gaëlle MASSANT
Jan OSSELAER
Chloé RAMON
Liesbeth SCHREURS
Anne-Marie SMITS
Kurt VAN DEN EYNDE
Charis VAN DIJCK
Isabelle VAN WICHELEN
Eddy NOBEN
Sandra VANDORPE
Sandrine VAUTHIER
Joke GALLE
Anneleen SEGERS
Patricia VANDE WALLE
Karine VERHULST
51 more provisions on this in the deed
Structure & network
Part of the group
ENGIE
57 companies
Group, risk and exposure
Owners and holdings
2 owners · 1 holdingChain of control
- Equans Holding Belux
- EQUANS
- Transnubel
Highest known parent: Equans Holding Belux. The sources do not say who stands above it.
Owners 2
- EQUANSparent100%
- ENGIEFRparentSourceLEI registerconsolidated
Holdings 1
-
100%
According to the 2025 annual accounts of Transnubel and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Shareholders according to the acts
After the capital increase
act of 01-09-2026 ↗
- Equans 200 shares · 274,000 EUR · fully paid (entièrement libérées)
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 01-09-2026 Capital increase of 274,000 EUR · to 2,941,000 EUR · 200 new shares · in kind
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 341 EUR awarded · 341 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 341 EUR |
| 2022 | 1 | 341 EUR | 0 EUR |
Schemes
European Union, budget
2021 to 2025 · 30 entries · 3,155,138 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 4 | 656,805 EUR |
| 2024 | 8 | 690,581 EUR |
| 2023 | 3 | 455,056 EUR |
| 2022 | 6 | 559,622 EUR |
| 2021 | 9 | 793,075 EUR |
Projects
LOGISTIC SUPPORT NUCLEAR SAFEGUARDS (LOT3)
CLEANING, STORAGE AND PACKING SERVICES
SUPPORT SERVICES DISTRIBUTION CRMS (LOT2)
SUPPORT SERVICES TO REFERENCE MATERIALS PRODUCTION AND TO NUCLEAR SAFEGUARDS
SUPPORT SERVICES RM & NUCLEAR SAFEGUARDS - LOT 1 - SUPPORT SERVICES PRODUCTION RM
Show 5 more projects
LOGISTIC SUPPORT NUCLEAR SAFEGUARDS
SUPPORT SERVICES RM & NUCLEAR SAFEGUARDS - LOT 3 - LOGISTIC SUPPORT NUCLEAR SAFEGUARDS
SUPPORT SERVICES RM & NUCLEAR SAFEGUARDS - LOT 2 - SUPPORT SERVICES DISTRIBUTION CRM
TRANSPORT SERVICES
WARTUNG UND INSTANDHALTUNG TELEMANIPULATOREN
European research
2 projects · 430,947 EUR EU contributionProgrammes
Projects
Laser Dismantling Environmental and Safety Assessment
Ads and fast Reactor CompArison Study in support of Strategic Research Agenda of SNETP
Recognitions · licences · registrations
Legal Entity Identifier
6994005Z6YO9DQHSNX64
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Company details
Identification
Legal formPublic limited company
Founded18-12-1969
Fiscal year end31-12
Activities, NACEBEL 2025
38320Waste collection, recovery and disposal activities
49410Freight transport by road
Contact
Website
www.transnubel.beDessel
E-mail
info@transnubel.beDessel
Phone
014331111Dessel
Fax
014331110Dessel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406950632
Also
9925:BE0406950632
Registered
02-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.