Equity
€3.2m ▲ 24.4%
TRANSUNIVERSE Forwarding has made a profit without a break since 2014.
TRANSUNIVERSE Forwarding
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1993peak €73.8m (2022)
€69.9m▲ 5.6%
lowest -€100,154 (2013)
€630,831▲ 107%
peak €3.2m (2025)
€3.2m▲ 24.4%
€11.1m▼ 8.8%
peak 113.2 FTE (2022)
98.2 FTE▼ 1.6%
Board6 names since 2007
4 directorsEcavee and 3 others
Owners4 names in the annual accounts
99.96%TransUniverse Group and 1 other
Documentsfilings and deeds
21-09-202652 days late
2025financial year
Result from €304,436 to €630,831Equity from €2.6m to €3.2mCash from €463,835 to €717,214
Key points
from the 2025 annual accountsResult
€630,831 ▲ 107%
The result rose in 2025 from €304,436 to €630,831.
Debts
€11.1m 77% of the balance sheet
Financial debts 14%Suppliers 71%Taxes and wages 10%Other 5%
€636,519 of the debts are secured on the company's own assets. In 2022 that was €1.1m.
Staff
101 employees on 31-12-2025
In 2025, 19 people joined and 22 left. On top of that, 1.2 agency workers worked there on average.
Filings
33 annual accounts since 1993
Four of the last ten came late. The 2020 accounts came latest: 59 days after the end of the period.
Board
1 joined · 3 left
Board changed. Latest change 09-10-2026 · 1 in office.
Checked score
65
Healthy
Financially stronger than 44% of medium-sized companies in warehousing and transport support (NACE 52)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 176 companies (NACE 52, medium-sized).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.5%▼ -0.1 percentage points vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025lowest value
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.4 percentage points vs 07-2025
09-2025: 1.4%▲ +0.3 percentage points vs 08-2025
10-2025: 1.6%▲ +0.2 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.7%▲ +0.1 percentage points vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.6%▼ -0.1 percentage points vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.7%▲ +0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +0.4 percentage points vs 06-2026
08-2026: 2.8%▲ +0.7 percentage points vs 07-2026
09-2026: 3.3%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 1.3%▼ -2.0 percentage points vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Warehousing and support activities for transportation (NACE 52)
Equity €3.2m (22.5% of total assets)
Liquidity: current ratio 1.15, cash €717,214
Last filed accounts filed 52 days late; 2 of the last 3 accounts late
Calculation
The band follows from the bankruptcy probability. 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 52, medium-sized). It does better than 44% of them on solvency, 20% on liquidity, 40% on profitability and 72% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 733 companies had the same profile as TRANSUNIVERSE Forwarding has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TRANSUNIVERSE Forwarding itself is higher: 1.3% within 12 months. It rests on far more data about TRANSUNIVERSE Forwarding than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 733 companies, not a prediction for TRANSUNIVERSE Forwarding. 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
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.04 in 2024), below the usual 1.5. Short-term debt is 70.9% and cash 5% of total assets. 77.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
52 days late
2024
43 days late
2023
6 days early
2022
12 days early
2021
5 days early
2020
59 days late
2019
49 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- TransUniverse Group 99.96%equity €10.2m (2025) · annual accounts 2025
- 2 Invest NV 0.04%annual accounts 2025
Shares in 2 companies, Transuniverse France and WELPA TRANS
Board & ownershipRecent changes
1 director appointed, 3 resignations
Resignations: Transuniverse Group NV, ECAVEE NV and Anthony ADINS · Permanent representatives: Frank ADINS and Olivia ADINS · Appointment: Transuniverse Logistics Group · General meeting of 23-09-2026 · Gazette deed
New managing director
NV Ecaveé appointed, NV Ecaveé resigned · Permanent representative: Olivia Adins · Board meeting of 15-07-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TRANSUNIVERSE Forwarding Ghent | €69.9m | 1.1% | 22.5% | 98.2 |
| GEODIS FF Belgium Schoten | €58.6m | -3.6% | 4.1% | 83.1 |
| SODITRA - LOGISTIC Charleroi | €31.3m | 2.7% | 23.7% | 112.2 |
| Remant Globe Logistics Antwerp | €55.9m | 1.6% | 31.0% | 40.1 |
| DSV LOGISTICS Ghent | €20.8m | 6.9% | 24.2% | 145.1 |
| MAINFREIGHT LOGISTIC SERVICES BELGIUM Ostend | €26.0m | -0.3% | 66.1% | 237.1 |
| TERMINAL ATHUS Aubange | €35.2m | 0.5% | 60.6% | 50.8 |
Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TRANSUNIVERSE Forwarding: warehousing and support activities for transportation (NACE 52249). They are comparable in size and age: total assets between €10m and €32m, founded between 1979 and 2002.
Official details
Source: KBO- Status
- Active since 17-02-1993Normal situation
- Registered office
- 10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Warehousing and support activities for transportationNACE 52249and 1 other
- Joint committees
- 226White-collar workers in international trade, transport and logistics
- 140.03Road transport and logistics for third parties · annual accounts 2025
- Establishment units
- 2.061.119.6439032 Ghent, since 04-09-1995
- 2.389.403.6718930 Menen, since 02-06-2026and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- €14.3m▼ 3.0%
- Employeeson 31-12-2025
- 101▼ 2.9%
- Filing
- Filed on 21-09-2026
Insights on TRANSUNIVERSE Forwarding
TRANSUNIVERSE Forwarding has existed since 1993. Turnover grew from €49.3m in 2008 to €69.9m in 2025 and staff from 32.8 to 98.2 full-time equivalents.
TransUniverse Group holds all the shares. In October 2026, three directors stepped down.
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 TRANSUNIVERSE Forwarding
- What is the company number of TRANSUNIVERSE Forwarding?
- The company number of TRANSUNIVERSE Forwarding is 0449.443.659. The VAT number is the same number with BE in front: BE 0449.443.659.
- Where is TRANSUNIVERSE Forwarding based?
- The registered office is at Industrieweg 118, 9032 Ghent.Company details
- What does TRANSUNIVERSE Forwarding do?
- According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52249).
- What is the legal form of TRANSUNIVERSE Forwarding?
- TRANSUNIVERSE Forwarding is a public limited company (NV).
- When was TRANSUNIVERSE Forwarding founded?
- TRANSUNIVERSE Forwarding was founded on 17-02-1993.
- Is TRANSUNIVERSE Forwarding still active?
- Yes, TRANSUNIVERSE Forwarding is an active enterprise in the KBO register.
- How many employees does TRANSUNIVERSE Forwarding have?
- TRANSUNIVERSE Forwarding had an average of 98.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TRANSUNIVERSE Forwarding fall under?
- In its 2025 annual accounts, TRANSUNIVERSE Forwarding states joint committees 226 (White-collar workers in international trade, transport and logistics) and 140.03 (Road transport and logistics for third parties).
- What is the turnover of TRANSUNIVERSE Forwarding?
- The turnover of TRANSUNIVERSE Forwarding was €69.9m in financial year 2025, according to the filed annual accounts.
- Is TRANSUNIVERSE Forwarding profitable?
- In financial year 2025, TRANSUNIVERSE Forwarding made a profit of €630,831.
- Where can I find the annual accounts of TRANSUNIVERSE Forwarding?
- TRANSUNIVERSE Forwarding filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TRANSUNIVERSE Forwarding due?
- TRANSUNIVERSE Forwarding must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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