TRANSVISIE
ActiveSummary
The computed 12-month bankruptcy probability of TRANSVISIE is 2.3% (moderate). The 2025 annual accounts show equity of €24k and a net result of €43k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 4654 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency79▲+79
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 0.54 in 2024; short-term debt: 45.9% and cash: 23.6% of total assets), and 45.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.1%
Return on assets
95.1%
Age of the figures
9 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 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 d early
2024
16 d early
2023
24 d late
2022
61 d late
2021
8 d early
2020
251 d late
2019
123 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k
2024 · €-19k
2019: €1
2020: €1● 0.0% vs 2019
2021: €9k▲ +875637% vs 2020
2022: €47k▲ +431% vs 2021
2023: €53k▲ +14.0% vs 2022highest in 7 years
2024: €-19k▼ -135% vs 2023lowest in 7 years
2025: €24k▲ +232% vs 2024
2019 → 2025
Total assets
€45k▲ 37.3%
2024 · €33k
2019: €1lowest in 7 years
2020: €1● 0.0% vs 2019lowest in 7 years
2021: €17k▲ +1730777% vs 2020
2022: €109k▲ +527% vs 2021
2023: €162k▲ +49.5% vs 2022highest in 7 years
2024: €33k▼ -79.7% vs 2023
2025: €45k▲ +37.3% vs 2024
2019 → 2025
Net result
€43k
2024 · €-72k
2021: €9k
2022: €38k▲ +331% vs 2021
2023: €7k▼ -82.7% vs 2022
2024: €-72k▼ -1196% vs 2023lowest in 5 years
2025: €43k▲ +160% vs 2024highest in 5 years
2021 → 2025
Working capital
€23k
2024 · €-24k
2021: €14k
2022: €46k▲ +229% vs 2021highest in 5 years
2023: €43k▼ -5.6% vs 2022
2024: €-24k▼ -155% vs 2023lowest in 5 years
2025: €23k▲ +195% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€47k▲ 431%€53k▲ 14.0%€-19k€24k
2021: €9k
2022: €47k▲ +431% vs 2021
2023: €53k▲ +14.0% vs 2022highest in 5 years
2024: €-19k▼ -135% vs 2023lowest in 5 years
2025: €24k▲ +232% vs 2024
Operating result€12k-€53k▲ 340%€18k▼ 66.2%€-74k€43k
2021: €12k
2022: €53k▲ +340% vs 2021highest in 5 years
2023: €18k▼ -66.2% vs 2022
2024: €-74k▼ -515% vs 2023lowest in 5 years
2025: €43k▲ +158% vs 2024
Net result€9k-€38k▲ 331%€7k▼ 82.7%€-72k€43k
2021: €9k
2022: €38k▲ +331% vs 2021
2023: €7k▼ -82.7% vs 2022
2024: €-72k▼ -1196% vs 2023lowest in 5 years
2025: €43k▲ +160% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €43k after a loss of €74k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€2k ▼ 70.1%
Current assets
€44k ▲ 58.1%
Equity and liabilities €45k
Equity
€24k
Debt
€21k
Debt finances 45.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€47k▲
2024 · €-71k
Cash flow
€47k▲
2024 · €-68k
Current ratio
2.10▲
2024 · 0.54
Debt to equity
0.85▲
2024 · -2.78
ROE
175.9%
ROA
95.1%▲
2024 · -217.3%
Interest coverage
357.53▲
2024 · -254.14
Debt ≤ 1 year
€21k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€33k€45k▲
Fixed assets21/28€5k€2k▼
Tangible fixed assets22/27€5k€2k▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€0-
Current assets29/58€28k€44k▲
Amounts receivable within one year40/41€28k€33k▲
Trade receivables40€4k€11k▲
Other amounts receivable41€23k€22k▼
Cash at bank and in hand54/58€10€11k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€33k€45k▲
Equity10/15€-19k€24k▲
Contributions10/11€1€1=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-27k€16k▲
Amounts payable17/49€52k€21k▼
Amounts payable within one year42/48€52k€21k▼
Trade debts44€831€2k▲
Suppliers440/4€831€2k▲
Taxes, remuneration and social security45€25k€5k▼
Taxes450/3€25k€5k▼
Other amounts payable47/48€26k€14k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-70k€50k▲
Operating profit (loss)9901€-74k€43k▲
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€278€131▼
Recurring financial charges65€278€131▼
Profit (loss) for the period before taxes9903€-72k€43k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-72k€43k▲
Profit (loss) for the period to be appropriated9905€-72k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€16k▲
Profit (loss) brought forward from the previous period14P€44k€-27k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €63 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2k | €4k | €4k | = |
| Other operating charges640/8 | €58 | €861 | €362 | €1k | €3k | ▲ 178% |
| Gross operating margin9900 | €12k | €54k | €20k | €-70k | €50k | ▲ 172% |
| Operating profit (loss)9901 | €12k | €53k | €18k | €-74k | €43k | ▲ 158% |
| Financial income75/76B | - | - | €0 | €3k | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €0 | €3k | €0 | ▼ 100% |
| Financial charges65/66B | - | €681 | - | €278 | €131 | ▼ 52.8% |
| Recurring financial charges65 | - | €681 | - | €278 | €131 | ▼ 52.8% |
| Profit (loss) for the period before taxes9903 | €12k | €52k | €18k | €-72k | €43k | ▲ 160% |
| Income taxes67/77 | €3k | €15k | €11k | €0 | - | - |
| Profit (loss) for the period9904 | €9k | €38k | €7k | €-72k | €43k | ▲ 160% |
| Profit (loss) for the period to be appropriated9905 | €9k | €38k | €7k | €-72k | €43k | ▲ 160% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17k | €109k | €162k | €33k | €45k | ▲ 37.3% |
| Fixed assets21/28 | - | €7k | €16k | €5k | €2k | ▼ 70.1% |
| Tangible fixed assets22/27 | - | - | €9k | €5k | €2k | ▼ 70.1% |
| Furniture and vehicles24 | - | - | €9k | €5k | €2k | ▼ 70.1% |
| Financial fixed assets28 | - | €7k | €7k | €0 | - | - |
| Current assets29/58 | €17k | €102k | €147k | €28k | €44k | ▲ 58.1% |
| Amounts receivable within one year40/41 | - | €22k | €90k | €28k | €33k | ▲ 19.5% |
| Trade receivables40 | - | €1k | €10k | €4k | €11k | ▲ 175% |
| Other amounts receivable41 | - | €20k | €80k | €23k | €22k | ▼ 7.7% |
| Cash at bank and in hand54/58 | €1 | €32k | €11k | €10 | €11k | ▲ 109,415% |
| Deferred charges and accrued income490/1 | €17k | €48k | €45k | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17k | €109k | €162k | €33k | €45k | ▲ 37.3% |
| Equity10/15 | €9k | €47k | €53k | €-19k | €24k | ▲ 232% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Outside capital11 | - | - | €1 | - | - | - |
| Other1109/19 | - | - | €1 | - | - | - |
| Reserves13 | €9k | €9k | €9k | €9k | €9k | = |
| Distributable reserves133 | €9k | €9k | €9k | €9k | €9k | = |
| Profit (loss) carried forward14 | €56 | €38k | €44k | €-27k | €16k | ▲ 158% |
| Amounts payable17/49 | €9k | €62k | €109k | €52k | €21k | ▼ 59.7% |
| Amounts payable within one year42/48 | €3k | €56k | €103k | €52k | €21k | ▼ 59.7% |
| Trade debts44 | - | €11k | €49k | €831 | €2k | ▲ 84.5% |
| Suppliers440/4 | - | €11k | €49k | €831 | €2k | ▲ 84.5% |
| Taxes, remuneration and social security45 | €3k | €45k | €25k | €25k | €5k | ▼ 79.9% |
| Taxes450/3 | €3k | €45k | €25k | €25k | €5k | ▼ 79.9% |
| Other amounts payable47/48 | - | - | €29k | €26k | €14k | ▼ 44.6% |
| Accrued charges and deferred income492/3 | €5k | €6k | €6k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €38k | €7k | €-72k | €43k | ▲ 160% |
| + Depreciation and write-downs630 | - | - | €2k | €4k | €4k | = |
| Operating cash flow (approximation) | €9k | €38k | €9k | €-68k | €47k | ▲ 169% |
| Investment in fixed assets (approximation) | - | - | €-11k | €7k | €0 | ▼ 100% |
| Change in cash | - | €32k | €-21k | €-11k | €11k | ▲ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.10
Current ratio from 0.54 to 2.10; short-term debt falls from €52k to €21k.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-72k
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 251 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Wommelgem · 1 establishment unit since 2019
Ground area
1.2 ha
Building footprint
3,216 m²
Volume, LiDAR
25,720 m³
2 parcels, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
277
companies at this address
See who is registered here
1 establishment unit
TRANSVISIE
since 20192.327.173.124
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0585/00T002 | Flanders | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 fl. |
| 11807G1457/19R000indicative | Flanders | 2,293 m² | 1 · 927 m² | 2.8 m |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 5,247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded29-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
Scores and ratios are computed by Checked and are not a credit decision.