Equity
€2.3m ▲ 2.0%
TRANSRAD paid out €493,000 in dividends. That is 100% of the 2025 profit.
TRANSRAD
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €16.8m (2024)
€16.2m▼ 3.4%
peak €929,945 (2024)
€492,978▼ 47.0%
peak €2.3m (2025)
€2.3m▲ 2.0%
€4.4m▼ 16.9%
peak 38.6 FTE (2025)
38.6 FTE▲ 4.9%
Board13 names since 2016all names
5 directors and 4 others
Owners2 names in the annual accounts
49% and 1 other
Documentsfilings and deeds
10-06-202651 days before the deadline
2025financial year
Result from €929,945 to €492,978Reappointment: (statutory auditor) 31-07Dividend €493,000Debts from €5.3m to €4.4mInvestments €1.6m
Key points
from the 2025 annual accountsResult
€492,978 ▼ 47.0%
The result fell in 2025 from €929,945 to €492,978.
Investments
€1.6m 2.9 × depreciation
Green is investment, beige is depreciation.
Staff
41 employees on 31-12-2025
In 2025, 9 people joined and 7 left. On top of that, 1.1 agency workers worked there on average.
Payment terms
51 days to suppliers
TRANSRAD pays its suppliers 42 days earlier than in 2024. Customers pay 44 days earlier.
Filings
38 annual accounts since 1988
The last five annual accounts were filed 31 to 51 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as TRANSRAD 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
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 20,124 companies, not a prediction for TRANSRAD. 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
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Signals
Board and ownership
Managing director
General manager
Director
Director, since 14-06-2022
Director
Auditor,
- consolidatesannual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0433122222
Reappointment: (statutory auditor)
General meeting of 2025-06 · Gazette deed
3 directors appointed
(managing director), (director general) and (director) · Gazette deed
Purpose change · Amendment of the articles
“Le transport et les opérations de transit de marchandises et d'équipements,y compris ceux qui sont classés…” (deed in French) · General meeting of 07-02-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TRANSRAD Fleurus | €16.2m | 4.9% | 33.8% | 38.6 |
| TRANSPORT VAN DELM Antwerp | €16.0m | 4.8% | 17.0% | 39.2 |
| MATTHEEUWS ERIC TRANSPORT Veurne | €20.0m | -1.6% | 41.6% | 42.4 |
| Malca - Amit, Antwerp Antwerp | €13.2m | -6.0% | -19.2% | 35.8 |
| SigTraCo Zemst | €14.5m | 2.5% | 44.5% | 47.5 |
| SOCIETE TOURNAISIENNE DE TRANSPORT La Louvière | €18.9m | 4.1% | 48.3% | 49.7 |
| MIDDLEGATE EUROPE Bruges | €11.3m | 0.8% | 48.7% | 36.2 |
Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TRANSRAD: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €7.5m and €10m, founded between 1981 and 1990.
Official details
Source: KBO- Status
- Active since 15-01-1988Normal situation
- Activity
- Freight transport by roadNACE 49410
- Joint committees
- 226White-collar workers in international trade, transport and logistics
- 140Transport and logistics · annual accounts 2025
- Establishment units
- 2.033.583.8186220 Fleurus, since 19-12-1994
- 2.335.697.4446220 Fleurus, since 01-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 24-10-2025
Annual accounts 2025
- €6.7m▼ 11.3%
- Employeeson 31-12-2025
- 41▲ 5.1%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on TRANSRAD
TRANSRAD has existed since 1988. Turnover grew from €4.5m in 2006 to €16.2m in 2025 and staff from 14.7 to 38.6 full-time equivalents.
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 TRANSRAD
- What is the company number of TRANSRAD?
- The company number of TRANSRAD is 0433.122.222. The VAT number is the same number with BE in front: BE 0433.122.222.
- Where is TRANSRAD based?
- The registered office is at Avenue de l'Espérance SN, 6220 Fleurus.Company details
- What does TRANSRAD do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of TRANSRAD?
- TRANSRAD is a public limited company (NV).
- When was TRANSRAD founded?
- TRANSRAD was founded on 15-01-1988.
- Is TRANSRAD still active?
- Yes, TRANSRAD is an active enterprise in the KBO register.
- How many employees does TRANSRAD have?
- TRANSRAD had an average of 38.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TRANSRAD fall under?
- In its 2025 annual accounts, TRANSRAD states joint committees 226 (White-collar workers in international trade, transport and logistics) and 140 (Transport and logistics).
- What is the turnover of TRANSRAD?
- The turnover of TRANSRAD was €16.2m in financial year 2025, according to the filed annual accounts.
- Is TRANSRAD profitable?
- In financial year 2025, TRANSRAD made a profit of €492,978.
- Where can I find the annual accounts of TRANSRAD?
- TRANSRAD filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TRANSRAD due?
- TRANSRAD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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