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Transpico

Active
Public limited companyfounded 1964active for 62 yearsMatenstraat 210, 2845 Niel, Belgium11 active companies are registered at this addressKBO/BCE: BE 0404.801.388
Summary

Transpico has been active since 1964 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.0m and a net result of €176,555. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 70% of 129 sector peers (NACE 49, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Removal services
NACE 49420
3rd oldest company in Niel1 site
Size
€3.4mtotal assets 2026
Staff
25.8 FTE
Equity
€2.0m
Profit
€176,555
Net result -80%: other schema
Financial health
93 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
TRANSPICO INDUMOVE INTERNATIONAL · 100%
Accounts 31 days early1 of 15 deeds read
Why 93raises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1964Equity €2.0m (58.3% of total assets)Profit of €176,555 (financial year 2026)Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 49, small)
Financial strength · tick = 2025
Strong
Solvency 83+7
equity 58.3% of total assets
Liquidity 46+4
short-term debt 38.3% · cash 10.6%
Profitability 75-22
return on assets 5.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,180 companies, NACE 49, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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 04-2025 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 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.46, compared with 1.36 in 2025, below the usual 1.5; short-term debt: 38.3% and cash: 10.6% of total assets), and 41.7% of the assets are financed with debt and provisions.
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 49, small): better than 75% on solvency, 51% on liquidity, 60% on profitability and 26% on growth.

The bankruptcy probability was computed on 13-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1964
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Equity €2.0m (58.3% of total assets)
NBB · annual accounts
lowers risk · Profit of €176,555 (financial year 2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-09-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
31 days early
2025
53 days early
2024
42 days early
2023
33 days early
2022
28 days early
2021
33 days early
2020
47 days 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 38 days before the deadline; the sector median (NACE 49) for financial year 2024 is 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Reappointments: Lars Voordeckers (director) and RIGGIN…Permanent representative: Erik Verkest ·…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Caution: Result fell in 2026different schema filed ▼ 80.5% View
  • Positive: 3rd oldest company in Nielin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Controlled by TRANSPICO INDUMOVE INTERNATIONALultimately: RIGGIN 100% View
  • Active since 1964founded 24-04-1964 62 years View
  • Positive: 5 profitable years in a rowprofit 2026: €176,555 5 years View

By topic

Financials

Financial year
2026
Total assets
€3.4m
Profit
€176,555
Solvency
58.3%
Total assets▼ 12.9%
Net result
20192026
Go to Financials

Board & ownership

Board
2 members
Parent
TRANSPICO INDUMOVE INTERNATIONAL · 100%
  • Lars VoordeckersManaging director
  • RIGGINDirector
Go to Board & ownership

Timeline

Events
54
Since
1979
Next accounts
by 31-10-2027
  1. 31-03-2025Highest result from 2019 to 2026
  2. 31-03-2025Equity above €2m
  3. 19-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Removal servicesNACE 49420
Founded
24-04-1964
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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