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TRANSURB

Active
Public limited companyfounded 1973active for 53 yearsRue Fond des Bas Prés 1, 5000 Namur, BelgiumKBO/BCE: BE 0413.393.907
Summary

TRANSURB has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.9m and a net result of -€527,220. Equity remains stable across the filed financial years (±1.5% per year). Its solvency ranks better than 44% of 868 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
2nd largest employer in the province of Namur, Architecture and engineering sector2 sites
Size
€14.9mturnover 2025
Staff
76.6 FTE
Equity
€5.9m
Loss
-€527,220
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
John Cockerill Services International SA · 92%
Holdings
1
Accounts 18 days early2 of 38 deeds read
Why 91raises risk1 change of registered office in 24 monthsLoss of €527,220, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.69, cash €4.3mSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 71, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 62=
equity 36.6% of total assets
Liquidity 53+8
short-term debt 58.2% · cash 26.8%
Profitability 15=
return on assets -3.3%
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 0.1% (163 companies, NACE 71, medium-sized)
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 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.1%▼ -0.1 percentage points 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 €500,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.69, compared with 1.7 in 2024, above the usual 1.5; short-term debt: 58.2% and cash: 26.8% of total assets), but 63.4% 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 71, medium-sized): better than 49% on solvency, 77% on liquidity, 12% on profitability and 58% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.69, cash €4.3m
NBB · annual accounts
raises risk · Loss of €527,220, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€527,220
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
57 days early
2023
77 days early
2022
77 days early
2021
76 days early
2020
86 days early
2019
35 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 61 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% 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 16 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€527,220
  3. Registered office · Amendment of the…Registered-office move

Key points

  • Caution: Among the weakest 9% on net resultsector median €37,593 · 870 companies -€527,220 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by John Cockerill Services International…known shareholders 100% 92% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€527,220 View
  • Positive: Turnover rose in 2025from €11.8m to €14.9m ▲ 26.4% View
  • Active since 1973founded 02-07-1973 53 years View

By topic

Financials

Financial year
2025
Turnover
€14.9m
Loss
-€527,220
Solvency
36.6%
Turnover▲ 26.4%
Net result
20182025
Go to Financials

Board & ownership

Parent
John Cockerill Services International… · 92%
Known shareholders
100%
Go to Board & ownership

Timeline

Events
55
Since
1978
Next accounts
by 31-07-2027
  1. 23-07-2025Resignation: Thomas Fournier (director)
  2. 04-06-2025Annual accounts filed
  3. 15-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
02-07-1973
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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