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TRANSWIT

Active Private limited companyfounded 1994active for 32 yearsDomentstraat 33, 9310 AalstKBO/BCE: BE 0453.401.853
TRANSWIT
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Overview

Lifetime

19 annual accounts with figures on one time axis, 31 filings since 1996
Gross marginpeak €115,988 (2023)
€82,470▼ 8.1%
Resultlowest -€75,205 (2012)
€5,935▼ 22.2%
Equitypeak €294,354 (2025)
€266,696▼ 9.4%
Debts
€252,340▲ 113%
Board2 names since 1994
2 directorsBart DE WIT and 1 other
Documentsfilings and deeds
17-09-202644 days before the deadline
2026micro format
Dividend €33,593Debts from €118,355 to €252,340Investments €139,500

Key points

from the 2026 annual accounts

Equity

€266,696 ▼ 9.4%
294,3542025+5,935Profit-33,593Dividend266,6962026

TRANSWIT paid out €33,593 in dividends. That is 566% of the 2026 profit.

Turnover

≈ €280,000 estimated

The micro format states no turnover.

Debts

€252,340 ▲ 113%
Financial debts
+85,235
Other debts
+27,677
Suppliers
+4,537
The rest
+16,534

Debts rose by €133,984 in 2026. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€139,500 2.7 × depreciation
20222023202420252026

Green is investment, beige is depreciation.

Filings

31 annual accounts since 1996
deadline200020102020

The 2018 accounts came 7 days late. The other nine of the last ten were filed on time.

Position in the sector

€266,696

More equity than 91% of companies in land transport. Sector median €52,278 · 121 companies.

Checked score

95
Excellent
Financially stronger than 57% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.9% across 9,101 companies (NACE 49, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 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 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%▼ -0.1 percentage points 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 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

Solvency
76-20equity 51.4% of total assets
Liquidity
93-4short-term debt 21.3% · cash 52.6%
Profitability
70-1return on assets 1.1%

Score breakdown

raises risk
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Liquidity: current ratio 2.92, cash €273,065
Equity €266,696 (51.4% of total assets)
Founded in 1994
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 49, micro). It does better than 64% of them on solvency, 93% on liquidity, 43% on profitability and 27% on growth.

The bankruptcy probability was computed on 05-11-2026 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 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 14,766 companies had the same profile as TRANSWIT has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TRANSWIT itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for TRANSWIT. 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 €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.92 (4.92 in 2025), above the usual 1.5. Short-term debt is 21.3% and cash 52.6% of total assets. 48.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Liquidity: current ratio 2.92, cash €273,065
NBB · annual accounts
lowers risk · Equity €266,696 (51.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 17-09-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
44 days early
2025
30 days early
2024
34 days early
2023
42 days early
2022
3 days early
2021
38 days early
2020
33 days early
← 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 32 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BD
Bart DE WIT
Director, since 04-10-2022
DD
Dirk DE WIT
Director, since 04-10-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453401853
Registered office moved to Meldert New registered office: Domentstraat 33, 9310 Meldert (Aalst) · Changes of role: Bart DE WIT (director) and Dirk DE WIT (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 04-10-2022 · Gazette deed
First establishment Mechelstraat 66, Grimbergen
Incorporation published on 01-10-1994 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
TRANSWIT Aalst €519,035 €82,470 51.4% -
Rodeo Trans Berlare €510,148 €87,147 42.8% -
DE SMET Berlare €409,912 €80,612 59.4% -
DEPO - TRANS Geraardsbergen €541,407 €73,626 34.4% 1
PASCOTRANS Herzele €481,617 €106,566 58.4% -
DCR LOGISTICS & STORAGE Sint-Gillis-Waas €405,987 €90,127 78.7% -
LIMOUSINE KOERIER SERVICE Ravels €538,293 €88,796 33.6% -

These companies have the same main activity as TRANSWIT: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €406,000 and €541,000, founded between 1988 and 1997.

Official details

Source: KBO
Status
Active since 09-09-1994Normal situation
Activity
Freight transport by roadNACE 49410
Establishment unit
2.068.679.8041851 Grimbergen, since 18-10-1994
Financial year end
31 March
Peppol
Reachable since 12-02-2025
Company details

Annual accounts to 31-03-2026

Gross margin
€82,470▼ 8.1%
Profit
€5,935▼ 22.2%
Equity
€266,696▼ 9.4%
Total assets
€519,035▲ 25.8%
Filing
Filed on 17-09-2026, 44 days before the end of the filing period
Financials

Insights on TRANSWIT

TRANSWIT files the micro format. That format states no turnover. The gross margin rose from €79,453 in 2008 to €82,470 in 2026.

The balance sheet grew most from 2022 to 2023 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

micro format, filed on 17-09-2026, 44 days before the deadline
Gross margin
€82,470
▼ 8.1%
Operating result
€9,126
▼ 40.8%
Profit
€5,935
▼ 22.2%
Working capital
€211,913
▼ 12.3%
Solvency
51.4%
▼ 19.9 percentage points
Current ratio
2.92
▼ 2.00

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €280,000. Estimated: probably between €230,000 and €350,000.

Balance sheet

balance sheet total €519,035 on 31-03-2026
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency51.4%

Higher than 81% of 5,934 companies in 2025.

Current ratio2.92

Higher than 89% of 5,688 companies in 2025.

Return on assets1.1%

Higher than 38% of 5,751 companies in 2025.

TRANSWIT Middle half of the sector 80% of the sector Micro accounts in land transport (NACE 49)

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2026202520242023202220212020201920182017201620152014201320122011201020092008
Balance sheet: assets
Total assets20/58 519,035412,709436,598484,681339,321324,942366,932261,441238,216259,603286,004305,817347,449202,232310,530293,113304,883286,188236,042
Fixed assets21/28 196,789109,514159,428225,993142,49991,004134,33859,172102,00543,41486,558137,689189,78045,396122,529110,135156,394119,77574,417
Tangible fixed assets22/27 196,519109,244159,158225,723142,22990,734134,06858,902101,73543,14486,288136,939189,03044,606121,739109,345156,354119,73574,377
Plant, machinery and equipment23 -----------343917481,1051,4621,8272,2842,855
Furniture and vehicles24 196,519109,244159,158225,723142,22990,734134,06858,902101,7359,14418,28834,90552,63943,858120,634107,883154,527117,45171,522
Financial fixed assets28 270270270270270270270270270270270750750790790790404040
Current assets29/58 322,247303,195277,170258,688196,822233,938232,594202,270136,210216,189199,446168,128157,669156,836188,001182,978148,489166,413161,625
Amounts receivable within one year40/41 37,82131,14142,84671,14043,47929,32130,58229,95162,56454,85851,19178,71573,69093,08581,234123,50774,17474,63591,244
Trade receivables40 17,11930,29739,93855,08641,29625,26826,70525,28739,78246,62448,56474,83369,53688,22167,086115,66968,55150,64283,895
Other amounts receivable41 20,7028442,90816,0542,1834,0533,8774,66422,7838,2342,6273,8824,1544,86414,1487,8385,62323,9937,349
Cash at bank and in hand54/58 273,065262,395225,818175,699146,326197,749190,821166,21467,593154,228141,25584,62476,56557,091100,33453,18666,07084,35867,513
Deferred charges and accrued income490/1 11,3619,6588,50511,8507,0176,86811,1916,1056,0537,1037,0004,7897,4146,6606,4336,2858,2457,4202,868
Balance sheet: equity and liabilities
Total equity and liabilities10/49 519,035412,709436,598484,681339,321324,942366,932261,441238,216259,603286,004305,817347,449202,232310,530293,113304,883286,188236,042
Equity10/15 266,696294,354292,323290,779250,197223,588237,512231,911198,495201,568211,687198,754200,264137,740135,357210,561195,158215,493201,546
Contributions10/11 10,08410,08410,08410,08410,08410,084010,08410,08410,08410,08410,0848,6768,6768,6768,6768,6768,6768,676
Issued capital100 ------020,00020,00020,00020,00020,00018,59218,59218,59218,59218,59218,59218,592
Uncalled capital101 ------09,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,916
Contributions outside capital11 ------10,084------------
Share premium1100/10 ------10,084------------
Reserves13 256,611172,709170,679169,134128,553101,944115,867110,267110,267110,267110,267110,126110,12648,11048,11048,10948,10937,60930,109
Non-distributable reserves130/1 ---02,0002,0002,000------------
Legal reserve130 ------02,0002,0002,0002,0001,8591,8591,8601,8601,8591,8591,8591,859
Reserves not available under the articles1311 ---02,0002,000-------------
Other1319 ------2,000------------
Tax-exempt reserves132 80,75080,75080,75080,75060,75060,750108,267108,267108,267108,267108,267108,267108,26746,25046,25046,25046,25035,75028,250
Distributable reserves133 175,86191,95989,92988,38465,80339,1945,601------------
Profit (loss) carried forward14 0111,560111,560111,560111,560111,560111,560111,56078,14381,21791,33678,54481,46280,95478,571153,776138,373169,208162,761
Amounts payable17/49 252,340118,355144,275193,90389,124101,354129,42029,53039,72158,03574,317107,063147,18564,492175,17382,552109,72570,69534,496
Amounts payable after more than one year17 141,96056,72483,484115,29530,17754,05177,690--8,26726,84248,11678,56112,73956,92031,93857,22937,312-
Financial debts170/4 141,96056,72483,484115,29530,17754,05177,690--8,26726,84248,11678,56112,73956,92031,93857,22937,312-
Amounts payable within one year42/48 110,33361,63160,79078,60858,94747,30351,73029,53039,72149,76847,47558,94768,62451,753118,25350,61452,49633,38334,496
Current portion of amounts payable after more than one year42 53,76526,76031,81148,88223,87423,63923,406-8,26718,57521,27431,52141,90119,06749,28425,29224,25211,72013,062
Trade debts44 14,4319,89415,30513,97410,2375,43210,91815,47714,86915,59611,31616,27416,76919,09654,33615,89017,07012,13411,975
Suppliers440/4 14,4319,89415,30513,97410,2375,43210,91815,47714,86915,59611,31616,27416,76919,09654,33615,89017,07012,13411,975
Taxes, remuneration and social security45 3,56214,0794,4334,65012,4745,3533,4661,819772,6821,3891,5085,2868,1097,4988,6337,2536,866
Taxes450/3 3,56214,0794,4334,65012,4745,3533,4661,819772,6821,3891,5085,2588,1097,4988,6337,2536,866
Remuneration and social security454/9 -------------28-----
Other amounts payable47/48 38,57510,8989,24111,10212,36212,87913,93912,23416,57815,59012,2039,7638,4468,3046,5241,9342,5412,2762,593
Accrued charges and deferred income492/3 47------------------
Income statement
Non-recurring operating income76A --020,000--------62,01726,8208,265-10,5007,500-
Gross operating margin9900 82,47089,700103,115115,98884,83037,13054,04430,63337,98339,03072,73563,72165,47648,82713,18575,92145,20965,70479,453
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 52,22550,82274,43051,00647,49943,33443,33419,63459,67843,14451,38552,09152,09145,19862,76948,66564,79644,76342,319
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 --------------15,54815,548----
Other operating charges640/8 21,11823,45620,16817,0771,7322,4552,5882,4484,1503,5095,2648,0807,12024,3198,7988,5119,0639,6435,841
Non-recurring operating charges66A ------0700-----15,5986,900----
Operating profit (loss)9901 9,12615,4218,51747,90535,600-8,6598,1227,851-25,845-7,62316,0863,5506,265-5,142-73,93018,745-28,65011,29831,293
Financial income75/76B 9181,253102000027,50024,3652101999317132070120272306
Recurring financial income75 9181,2531020000--2101999317132070120272306
Non-recurring financial income76B ------027,50024,365----------
Financial charges65/66B 3,6634,4645,9481,3001,2761,4361,4426841,2202,0903,1624,6815,2853,1552,9573,4033,5691,5811,337
Recurring financial charges65 3,6634,4645,9481,3001,2761,4361,4426841,2202,0903,1624,6815,2853,1552,9573,4033,5691,5811,337
Profit (loss) for the period before taxes9903 6,38112,2112,67246,60534,324-10,0946,68034,667-2,699-9,71212,934-93263,0903,096-75,20215,412-21,59917,48930,262
Income taxes67/77 4464,5801,1276,0237,7153,8301,0801,250374407257856571339-1,2643,54213,045
Profit (loss) for the period9904 5,9357,6311,54540,58226,609-13,9245,60133,417-3,073-10,11912,932-1,51062,5252,383-75,20515,403-20,33513,94718,246
Transfer from tax-exempt reserves789 ------------------3,090
Transfer to tax-exempt reserves689 --020,000--------62,017---10,5007,500-
Profit (loss) for the period to be appropriated9905 5,9357,6311,54520,58226,609-13,9245,60133,417-3,073-10,11912,932-1,5105082,383-75,20515,403-30,8356,44721,336
Appropriation of the result
Profit (loss) to be appropriated9906 117,495119,191113,105132,142138,16997,637117,161111,56078,14381,21791,47679,95281,46280,95478,571153,776138,373169,208162,761
Profit (loss) brought forward from the previous period14P 111,560111,560111,560111,560111,560--------------
Transfer from equity791/2 33,5935,601--047,517-------------
Transfer to equity691/2 117,4957,6311,54520,58226,60933,5935,601---1401,408-------
Addition to contributions691 -----------1,408-------
To the legal reserve6920 ----------140--------
To other reserves6921 117,4957,6311,54520,58226,60933,5935,601------------
Profit to be distributed694/7 33,5935,601-----------------
Return on contributions (dividend)694 33,5935,601-----------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1996-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 17-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 17-09-2026 2026-00515518 PDF
31-03-2025 micro format 01-10-2025 2025-00524683 PDF
31-03-2024 micro format 27-09-2024 2024-00481952 PDF
31-03-2023 micro format 19-09-2023 2023-00449777 PDF
31-03-2022 micro format 28-10-2022 2022-20479601 PDF
31-03-2021 micro format 23-09-2021 2021-68200231 PDF
31-03-2020 micro format 28-09-2020 2020-56400023 PDF
31-03-2019 micro format 23-09-2019 2019-65300487 PDF
31-03-2018 micro format 07-11-2018 2018-71800350 PDF
31-03-2017 micro format 05-10-2017 2017-66500180 PDF
31-03-2016 abbreviated format 12-09-2016 2016-59600074 PDF
31-03-2015 abbreviated format 16-09-2015 2015-58800567 PDF
31-03-2014 abbreviated format 22-09-2014 2014-59400033 PDF
31-03-2013 abbreviated format 17-09-2013 2013-58400347 PDF
31-03-2012 abbreviated format 27-09-2012 2012-58300578 PDF
31-03-2011 abbreviated format 15-09-2011 2011-54600121 PDF
31-03-2010 abbreviated format 20-09-2010 2010-54600114 PDF
31-03-2009 abbreviated format 28-09-2009 2009-77900002 PDF
31-03-2008 abbreviated format 25-09-2008 2008-74600331 PDF
31-03-2007 abbreviated format 11-10-2007 2007-76600331 PDF
31-03-2006 abbreviated format 15-09-2006 2006-78100106 PDF
31-03-2005 abbreviated format 30-09-2005 2005-74100036 PDF
31-03-2004 abbreviated format 01-10-2004 2004-68500089 PDF
31-03-2003 abbreviated format 18-09-2003 2003-66900193 PDF
31-03-2002 abbreviated format 30-09-2002 2002-58900125 PDF
31-03-2001 abbreviated format 05-10-2001 2001-61300288 PDF
31-03-2000 abbreviated format 06-10-2000 2000-61700159 PDF
31-03-1999 abbreviated format 28-09-1999 1999-48903774 PDF
31-03-1998 abbreviated format 17-09-1998 1998-47601119 PDF
31-03-1997 abbreviated format 25-09-1997 1997-44904886 PDF
31-03-1996 abbreviated format 19-09-1996 1996-44201960 PDF

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €645 awarded, €756 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€645
Year Entries AwardedPaid
2025 1 €111€111
2024 1 €423€423
2023 1 €111€222

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2026202520242023202220212020201920182017201620152014201320122011201020092008
EBITDA 61,35266,24482,94798,91183,09834,67551,45627,48533,83435,52167,47155,64158,35640,056-11,16167,41036,14656,06173,612
Cash flow 58,16058,45375,97491,58874,10829,41048,93453,05156,60533,02564,31750,581114,61647,581-12,43664,06844,46158,71060,565
Investment in fixed assets (approximation) 139,50090814,365134,500118,5360118,500-23,200127,16901,0040214,49789182,0632,405101,41690,12051,875
Change in cash 10,67036,57750,12029,373-51,4236,92724,60798,622-86,63512,97356,6318,05919,474-43,24347,148-12,884-18,28816,845-
Working capital 211,913241,564216,379180,081137,875186,635180,864172,74096,489166,421151,971109,18189,045105,08369,748132,36495,993133,030127,129
Solvency 51.4%71.3%67.0%60.0%73.7%68.8%64.7%88.7%83.3%77.6%74.0%65.0%57.6%68.1%43.6%71.8%64.0%75.3%85.4%
Current ratio 2.924.924.563.293.344.954.506.853.434.344.202.852.303.031.593.622.834.984.69
Debt to equity 0.950.400.490.670.360.450.540.130.200.290.350.540.730.471.290.390.560.330.17
ROE 2.2%2.6%0.5%14.0%10.6%-6.2%2.4%14.4%-1.5%-5.0%6.1%-0.8%31.2%1.7%-55.6%7.3%-10.4%6.5%9.1%
ROA 1.1%1.8%0.4%8.4%7.8%-4.3%1.5%12.8%-1.3%-3.9%4.5%-0.5%18.0%1.2%-24.2%5.3%-6.7%4.9%7.7%
Interest coverage 16.7514.8413.9576.0865.10--------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets€139,500€908€14,365€134,500€118,536
Financial fixed assets€0----
Depreciation and write-downs of the year€52,225€50,822€74,430€51,006€47,499

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on TRANSWIT

The operating result for 2026 is 41% lower than in 2025.

Debt's share of the balance-sheet total rises from 28.7% to 48.6%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, last change in 2022
Bart DE WIT
Director (not named in the articles)
since 04-10-2022 term without a fixed end
earlier manager, until 07-10-2022
listed in the 2026 annual accounts, filed on 17-09-2026
Dirk DE WIT
Director (not named in the articles)
since 04-10-2022 term without a fixed end
earlier manager, until 07-10-2022
listed in the 2026 annual accounts, filed on 17-09-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Bart DE WIT
Director (not named in the articles)
Dirk DE WIT
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Bart DE WIT
    • Director (not named in the articles), from 01-10-1994 to date
    • Manager, until 07-10-2022
  • Dirk DE WIT
    • Director (not named in the articles), from 01-05-1999 to date
    • Manager, until 07-10-2022

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€10,084.26
Source
2026 annual accounts

Articles of association

deed of 07-10-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering, algemene vergadering”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of September at 19:00

Network & group

No group

TRANSWIT has no parent and no holdings in its annual accounts. TRANSWIT shares no director with another company.

Timeline

Timeline

42 events since 1994

Deadline for the 2027 accounts: 31-10-2027

2026
Annual accounts 2026 filed NBBmicro format · 44 days before the deadline
2025
Annual accounts 2025 filed PDFmicro format · 30 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0453401853
2024
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2023
Annual accounts 2023 filed PDFmicro format · 42 days before the deadline
2022
Annual accounts 2022 filed PDFmicro format · 3 days before the deadline
Registered office moved to MeldertNew registered office: Domentstraat 33, 9310 Meldert (Aalst) · Changes of role: Bart DE WIT (director) and Dirk DE WIT (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 04-10-202211 points ▸
  • General meeting, 04-10-2022
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • Amendment of the articles, article 2
  • Registered-office move, Domentstraat 33, 9310 Meldert (Aalst)
  • Power of attorney, Toon Bieseman
  • Director resignation, Bart DE WIT (manager)
  • Director resignation, Dirk DE WIT (manager)
  • Director discharge, Bart DE WIT
  • Director discharge, Dirk DE WIT
  • Director appointment, Bart DE WIT (director (not named in the articles))
  • Director appointment, Dirk DE WIT (director (not named in the articles))
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Back to profit net €26,609 The net result is €26,609, after one loss-making year.
2021
Annual accounts 2021 filed PDFmicro format · 38 days before the deadline
2020
Annual accounts 2020 filed PDFmicro format · 33 days before the deadline
2019
Annual accounts 2019 filed PDFmicro format · 38 days before the deadline
Back to profit net €33,417 The net result is €33,417, after 2 loss-making years.
2018
Annual accounts 2018 filed PDFmicro format · 7 days late
2017
Annual accounts 2017 filed PDFmicro format · 26 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 49 days before the deadline
Back to profit net €12,932 The net result is €12,932, after one loss-making year.
2015
Annual accounts 2015 filed PDFabbreviated format · 45 days before the deadline
2014
Annual accounts 2014 filed PDFabbreviated format · 39 days before the deadline
Highest result from 2008 to 2026 net €62,525 ▲2,524% The net result of €62,525 is the highest of those years.
2013
Annual accounts 2013 filed PDFabbreviated format · 44 days before the deadline
Back to profit net €2,383 The net result is €2,383, after one loss-making year.
2012
Annual accounts 2012 filed PDFabbreviated format · 34 days before the deadline
Weakest financial year net -€75,205 The net result drops to -€75,205, the lowest from 2008 to 2026. It recovers the following year.
2011
Annual accounts 2011 filed PDFabbreviated format · 46 days before the deadline
Back to profit net €15,403 The net result is €15,403, after one loss-making year.
2010
Annual accounts 2010 filed PDFabbreviated format · 41 days before the deadline
2009
Annual accounts 2009 filed PDFabbreviated format · 33 days before the deadline
2008
Annual accounts 2008 filed PDFabbreviated format · 36 days before the deadline
2007
Annual accounts 2007 filed PDFabbreviated format · 20 days before the deadline
2006
Annual accounts 2006 filed PDFabbreviated format · 46 days before the deadline
2005
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2004 filed PDFabbreviated format
2003
Annual accounts 2003 filed PDFabbreviated format
2002
Annual accounts 2002 filed PDFabbreviated format
2001
Annual accounts 2001 filed PDFabbreviated format
2000
Annual accounts 2000 filed PDFabbreviated format
1999
Annual accounts 1999 filed PDFabbreviated format
1998
Annual accounts 1998 filed PDFabbreviated format
1997
Annual accounts 1997 filed PDFabbreviated format
1996
Annual accounts 1996 filed PDFabbreviated format
1994
First establishment Mechelstraat 66, Grimbergen
Incorporation published on 01-10-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

TRANSWIT was incorporated on 9 September 1994.1 The registered office was moved to Meldert in 2022.2 Total assets rose from €261,441 in 2019 to €519,035 in 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-10-2022
  3. 3National Bank, annual accounts 2019 and 2026

Company details

Identity

Enterprise number
0453.401.853
VAT number
BE 0453.401.853
Peppol ID
0208:0453401853
Other Peppol ID
9925:BE0453401853
Legal form
Private limited company
Status
Active, normal situation
Founded
09-09-1994
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of September at 19:00
deed of 07-10-2022 (in Dutch)
Peppol
Reachable since 12-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TRANSWIT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-10-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-10-2022 (in Dutch)

Activities

NACEBEL 2025
49410 Freight transport by road main activity
Codes under NACEBEL 2008
49410 Road freight transport main activity
Codes under NACEBEL 2003
60242 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het vervoer van goederen langs de baan, zowel in binnen- als in buitenland, in eigen naam maar voor rekening van derden en één of meer met…”
4 activities
  1. Het vervoer van goederen langs de baan, zowel in binnen- als in buitenland, in eigen naam maar voor rekening van derden en één of meer met dat vervoer samenhangende verrichtingen, zoals het in ontvangst nemen, het bezorgen aan derdenvervoerders, het opslaan, de verzekering en het in- of uitklaren, uit te voeren of te doen uitvoeren.
  2. De vennootschap zal in het algemeen alle burgerlijke, commerciële, industriële, financiële, roerende of onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van die aard zouden zijn dat zij het bereiken ervan rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken.
  3. Zij kan belangen nemen door inbreng, fusie, inschrijving of op gelijk welke andere wijze, in alle zaken, ondernemingen, verenigingen of vennootschappen met een identiek voorwerp, gelijklopend of samenhangend met het hare en die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen, zich grondstoffen te verschaffen of de afzet van haar producten te vergemakkelijken.
  4. De vennootschap kan zich borgstellen voor andere natuurlijke of rechtspersonen.
deed of 07-10-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Domentstraat 33 registered office 9310 Aalst
Mechelstraat 66 1851 Grimbergen 49420 Removal services 18-10-1994 2.068.679.804

Buildings and parcels at the addresses

Ground area
1,087 m²
Buildings
267 m²
Volume, LiDAR
1,427 m³
Tallest building
10.3 m
Buildings to scale, each on its own parcel
149 m², 10.3 m 118 m², 8.7 m 149 m², 10.3 m 118 m², 8.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
41039C0458/00K000782 m² 1 · 118 m² 8.7 m · 2
23036B0121/02E000305 m² 1 · 149 m² 10.3 m · 2

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