TRANSPIRO
ActiveThe computed 12-month bankruptcy probability of TRANSPIRO is 2.2% (moderate). The 2025 annual accounts show equity of €1k and a net result of €331. Its solvency ranks better than 13% of 1832 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability63
Solvency15
Growth-
Stability67
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98), and 93.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1832 sector peers (2025).
NBB · sector comparisonPosition among 1832 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 1 filingDeviation from the deadline
2025
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Turnover
€13k
EBIT margin
7.0%
Net result
€331
Working capital
€-415
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Equity and liabilities €20k
Equity
€1k
Debt
€19k
Debt finances 93.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€1k
Cash flow
€757
Solvency
6.5%
Current ratio
0.98
Quick ratio
0.98
Debt / equity
14.36
ROE
24.9%
ROA
1.6%
Interest coverage
2.61
Debt
€19k
Debt ≤ 1 year
€19k
Income taxes
€83
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€20k
Formation expenses20€2k
Current assets29/58€19k
Amounts receivable within one year40/41€18k
Trade receivables40€14k
Other amounts receivable41€4k
Cash at bank and in hand54/58€899
Equity and liabilities
Total equity and liabilities10/49€20k
Equity10/15€1k
Contributions10/11€1k
Outside capital11€1k
Other1109/19€1k
Profit (loss) carried forward14€331
Amounts payable17/49€19k
Amounts payable within one year42/48€19k
Trade debts44€19k
Suppliers440/4€19k
Taxes, remuneration and social security45€83
Taxes450/3€83
Income statement
Code2025
Turnover70€13k
Goods, raw materials, services and sundry goods60/61€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€425
Other operating charges640/8€204
Gross operating margin9900€2k
Operating profit (loss)9901€937
Financial charges65/66B€522
Recurring financial charges65€522
Profit (loss) for the period before taxes9903€414
Income taxes67/77€83
Profit (loss) for the period9904€331
Profit (loss) for the period to be appropriated9905€331
Appropriation of the result
Profit (loss) to be appropriated9906€331
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
NBB filing
Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 2025
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.
Gentse Baan 159100 Sint-NiklaasGround area
257 m²
Building footprint
85 m²
Volume, LiDAR
515 m³
Parcel 46444D0191/00P000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRANSPIRO
since 20252.368.220.653
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46444D0191/00P000 | Flanders | 256 m² | 1 · 85 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
ERRAÎS INTERTRANS
BE 0754.715.527
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M&S SERVICES
BE 0752.848.870
Ukkel · Eq €1k
AR transport express
BE 1007.417.155
Chaudfontaine · Eq €1k
CORPORATION EUROPE EXPEDITION
BE 0780.453.684
Anderlecht · Eq €1k
SYNERGIES
BE 0819.185.190
Mont-de-l'Enclus · Eq €1k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 1,000 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2025
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.