TRANSTRACTION
ActiveTRANSTRACTION has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-4k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 4454 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-16
Solvency31▲+6
Growth32=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.6 against 0.61 in 2024), and 73.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 49
higher
← 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
26.3%
Return on assets
-4.2%
Age of the figures
8 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
12 d late
2023
12 d late
2022
11 d late
2021
17 d early
2020
40 d early
2019
7 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 13.7%
2024 · €30k
2018: €37k
2019: €52k
2020: €56k
2021: €57k
2022: €58k
2023: €29k
2024: €30k
2018 → 2025
Total assets
€98k▼ 22.9%
2024 · €127k
2018: €319k
2019: €275k
2020: €221k
2021: €196k
2022: €183k
2023: €140k
2024: €127k
2018 → 2025
Net result
€-4k
2024 · €949
2018: €14k
2019: €15k
2020: €4k
2021: €2k
2022: €336
2023: €-29k
2024: €949
2018 → 2025
Working capital
€-22k▲ 24.1%
2024 · €-29k
2018: €46k
2019: €-5k
2020: €-176
2021: €2k
2022: €-928
2023: €-30k
2024: €-29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€58k▲ 0.6%€29k▼ 49.7%€30k▲ 3.3%€26k▼ 13.7%
Operating result€14k-€4k▼ 69.5%€-24k€7k€2k▼ 74.8%
Net result€2k-€336▼ 79.1%€-29k€949€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€65k▼ 21.5%
Current assets
€33k▼ 25.4%
Equity and liabilities €98k
Equity
€26k▼ 13.7%
Debt
€72k▼ 25.7%
The debt ratio falls from 76.5% to 73.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€22k▼
2024 · €32k
Cash flow
€16k▼
2024 · €26k
Solvency
26.3%▲
2024 · 23.5%
Current ratio
0.60▼
2024 · 0.61
Quick ratio
0.60▼
2024 · 0.61
Debt / equity
2.80▼
2024 · 3.25
ROE
-15.8%▼
2024 · 3.2%
ROA
-4.2%▼
2024 · 0.7%
Interest coverage
4.59▼
2024 · 5.65
Debt
€72k▼
2024 · €97k
Debt ≤ 1 year
€55k▼
2024 · €73k
Debt > 1 year
€17k▼
2024 · €24k
Income taxes
€937
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€127k€98k▼
Fixed assets21/28€83k€65k▼
Tangible fixed assets22/27€83k€65k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€28k€16k▼
Other tangible fixed assets26€53k€47k▼
Financial fixed assets28€50€50=
Current assets29/58€44k€33k▼
Amounts receivable within one year40/41€32k€22k▼
Trade receivables40€21k€14k▼
Other amounts receivable41€11k€8k▼
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€127k€98k▼
Equity10/15€30k€26k▼
Contributions10/11€11k€11k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€10k€10k=
Profit (loss) carried forward14€7k€3k▼
Amounts payable17/49€97k€72k▼
Amounts payable after more than one year17€24k€17k▼
Financial debts170/4€24k€17k▼
Amounts payable within one year42/48€73k€55k▼
Current portion of amounts payable after more than one year42€10k€15k▲
Financial debts43€23k€15k▼
Credit institutions430/8€23k€15k▼
Trade debts44€24k€8k▼
Suppliers440/4€24k€8k▼
Taxes, remuneration and social security45€12k€12k▲
Taxes450/3€12k€12k▲
Remuneration and social security454/9€375€36▼
Other amounts payable47/48€4k€4k▼
Accrued charges and deferred income492/3€782€532▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€20k▼
Other operating charges640/8€7k€3k▼
Non-recurring operating charges66A€2k€863▼
Gross operating margin9900€41k€26k▼
Operating profit (loss)9901€7k€2k▼
Financial income75/76B€0€7▲
Recurring financial income75€0€7▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€949€-3k▼
Income taxes67/77-€937
Profit (loss) for the period9904€949€-4k▼
Profit (loss) for the period to be appropriated9905€949€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€3k▼
Profit (loss) brought forward from the previous period14P€6k€7k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €949
Net result €949 after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-29k ▼8628%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €15k ▲3.1%
Net result €15k, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waimes · 1 establishment unit since 1990
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.
Rue du Wèrhê,Thirimont 184950 WaimesGround area
492 m²
Building footprint
181 m²
Volume, LiDAR
1,389 m³
Parcel 63080R0377/00K000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Baugnez-Route de Waimes 101, 4960 Malmedy
since 19902.048.389.184
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63080R0377/00K000 | Wallonia | 492 m² | 1 · 181 m² | 10.6 m · 3 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.
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Of 12,446 companies in sector 49410 we hold annual accounts for 8,086. 5,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-1990
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.