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TRANZCOM ICT

Active Public limited companyfounded 1996active for 30 yearsKruiskouter 1, 1730 AsseKBO/BCE: BE 0457.961.942 subsidiary of VINCI ENERGIES BELGIUM#1 employer in Flemish Brabant, Civil engineering sector
Part of the group VINCI ENERGIES BELGIUM 38 companies in 7 countries
See the group

Lifetime

19 annual accounts with figures on one time axis, 30 filings since 1996
peak €39.1m (2015)
€14.8m▼ 55.9%
peak €3.0m (2012)
€86,290▼ 93.2%
peak €9.9m (2015)
€7.4m▼ 10.0%
€5.1m▼ 68.3%
peak 108.7 FTE (2022)
87.5 FTE▼ 17.8%
Board13 names since 2015all names
4 directorsEdwin Samyn and 3 others
Owners4 names in the annual accounts
100%VINCI ENERGIES BELGIUM and 1 other
Documentsfilings and deeds
03-07-202628 days before the deadline
2025financial year
Turnover from €33.6m to €14.8mResult from €1.3m to €86,290Staff from 106.5 FTE to 87.5 FTEResignation: Bruno LOMBAT (director) 09-12Demerger: TRANZCOM splits off to CEGELEC INFRA TECHNICS 05-08Demerger proposal: TRANZCOM NV splits off to CEGELEC INFRA TE… 19-05

Key points

from the 2025 annual accounts

Equity

€7.4m ▼ 10.0%
8.32024+0.09Profit-0.1Dividend-0.8Other7.42025

TRANZCOM ICT paid out €100,000 in dividends. That is 116% of the 2025 profit.

Staff

68 employees on 31-12-2025
79202122142022161220231110202415602025

In 2025, 15 people joined and 60 left. On top of that, 7.1 agency workers worked there on average.

Payment terms

22 days to suppliers
Suppliers
51 to 22
Customers
179 to 142

TRANZCOM ICT pays its suppliers 29 days earlier than in 2024. Customers pay 37 days earlier.

Liquidity

2.29 was 1.50 in 2024

Short-term debts fell from €16.0m to €5.0m.

Turnover -56%: branch of activity transferred

Checked score

90
Excellent
Financially stronger than 46% of medium-sized companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 106 companies (NACE 42, medium-sized).

About 2 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: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

82+25equity 57.1% of total assets
52+26short-term debt 38.8% · cash 16.0%
59-6return on assets 0.7%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 2.29, cash €2.1m
Founded in 1996
Size: turnover €14.8m, 87.5 FTE, total assets €13.0m
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 42, medium-sized). It does better than 76% of them on solvency, 75% on liquidity, 26% on profitability and 6% 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 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, 1,887 companies had the same profile as TRANZCOM ICT has now. Each dot stands for 5 companies, two years later.

97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of TRANZCOM ICT itself: 0.2% within 12 months.

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.

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 1,887 companies, not a prediction for TRANZCOM ICT. 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 €650,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.29 (1.5 in 2024), above the usual 1.5. Short-term debt is 38.8% and cash 16% of total assets. 42.9% 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.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.29, cash €2.1m
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €14.8m, 87.5 FTE, total assets €13.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
35 days early
2023
19 days early
2022
35 days early
2021
28 days late
2020
33 days early
2019
30 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 22 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 3 July (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DD
Managing director
ES
Director
EV
Director
LC
Director, since 01-01-2025
EB
Auditor, Daniel Wuyts
Board & ownership

Recent changes

Registered office moved from Brussels to Asse New registered office: Kruiskouter 1, 1730 Asse · Previous registered office: Bourgetlaan 44, 1130 Brussel (Haren) · General meeting of 01-10-2026 · Gazette deed
Reappointments: Edwin SAMYN (director) and DEddy VANDERSMISSEN (director) General meeting of 15-07-2026 · Gazette deed
New statutory auditor EY Bedrijfsrevisoren appointed, Deloitte Bedrijfsrevisoren B.V. resigned · Permanent representative: Daniel Wuyts · General meeting of 17-06-2025 · Gazette deed
Resignation: Bruno LOMBAT (director) Director discharge: Bruno LOMBAT · General meeting of 01-10-2025 · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
TRANZCOM ICT Asse €14.8m 3.2% 57.1% 87.5
ROGER GEHLEN Waimes €19.4m -3.8% 20.9% 110.3
CONA Lokeren €14.5m 7.8% 71.3% 59.9
T.R.T.C. - BONFOND Fils Ferrières €24.2m 1.4% 23.5% 92.1
IGM Lokeren €29.8m 8.3% 38.8% 99.5
ELEC. D.V.C. Ixelles €12.8m -2.3% 17.6% 53.5
GDD INFRA Temse €14.7m 26.2% 59.1% 54.9
-10%0%10%20%€20m€200m€2bnTRANZCOM ICTEBIT margin

Grey: the largest companies of the sector (civil engineering (NACE 42)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as TRANZCOM ICT: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €8m and €17m, founded between 1982 and 2003.

Official details

Source: KBO
Status
Active since 20-05-1996Normal situation
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220and 3 others
Joint committees
149.01Electricians: installation and distribution
200Auxiliary committee for white-collar workers
111Metal, mechanical and electrical engineering · annual accounts 2025
Establishment units
2.076.767.9211130 Brussels, since 04-06-1996
2.333.436.3541730 Asse, since 01-07-2022
Financial year end
31 December
Peppol
Reachable since 08-10-2020
Company details

Annual accounts 2025

€13.0m▼ 50.0%
Employeeson 31-12-2025
68▼ 39.8%
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Insights on TRANZCOM ICT

TRANZCOM ICT has existed since 1996. Turnover fell from €33.6m in 2024 to €14.8m in 2025. On 1 July 2025 a branch of activity moved to CEGELEC INFRA TECHNICS.

Solvency rose in 2025 from 31.8% to 57.1% because of lower debts.

VINCI ENERGIES BELGIUM holds all the shares. In January 2025, four directors stepped down. In January 2025, the Official Gazette published the appointment of Dirk DEVOGHEL as managing director.

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 TRANZCOM ICT

What is the company number of TRANZCOM ICT?
The company number of TRANZCOM ICT is 0457.961.942. The VAT number is the same number with BE in front: BE 0457.961.942.
Where is TRANZCOM ICT based?
The registered office is at Kruiskouter 1, 1730 Asse.Company details
What does TRANZCOM ICT do?
According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of TRANZCOM ICT?
TRANZCOM ICT is a public limited company (NV).
When was TRANZCOM ICT founded?
TRANZCOM ICT was founded on 20-05-1996.
Is TRANZCOM ICT still active?
Yes, TRANZCOM ICT is an active enterprise in the KBO register.
How many employees does TRANZCOM ICT have?
TRANZCOM ICT had an average of 87.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TRANZCOM ICT fall under?
In its 2025 annual accounts, TRANZCOM ICT states joint committees 149.01 (Electricians: installation and distribution), 200 (Auxiliary committee for white-collar workers) and 111 (Metal, mechanical and electrical engineering).
What is the turnover of TRANZCOM ICT?
The turnover of TRANZCOM ICT was €14.8m in financial year 2025, according to the filed annual accounts.
Is TRANZCOM ICT profitable?
In financial year 2025, TRANZCOM ICT made a profit of €86,290.
Where can I find the annual accounts of TRANZCOM ICT?
TRANZCOM ICT filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRANZCOM ICT due?
TRANZCOM ICT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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