TRANS WETTEREN
ActiveSummary
TRANS WETTEREN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €276k and a net result of €27k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 6717 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+5
Solvency93▼-3
Growth59=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity ample (current ratio 3.24 against 2.79 in 2023; short-term debt: 24.2% and cash: 11% of total assets), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
148 d late
2023
168 d late
2022
111 d late
2021
153 d late
2020
153 d late
2019
256 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€491k▼ 20.1%
2022 · €615k
2018: €289k
2019: €415k
2020: €310k
2021: €462k
2022: €615k
2018 → 2023
EBIT margin
5.8%▲ 1.7pp
2022 · 4.1%
2018: 14.6%
2019: 22.3%
2020: 6.6%
2021: 14.1%
2022: 4.1%
2018 → 2023
Net result
€27k▼ 4.9%
2023 · €29k
2018: €33k
2019: €85k
2020: €18k
2021: €48k
2022: €17k
2023: €29k
2018 → 2024
Working capital
€222k▲ 28.1%
2023 · €173k
2018: €57k
2019: €124k
2020: €117k
2021: €198k
2022: €236k
2023: €173k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€310k-€462k▲ 48.9%€615k▲ 33.1%€491k▼ 20.1%
Equity€156k-€203k▲ 30.6%€220k▲ 8.3%€249k▲ 13.0%€276k▲ 11.0%
Operating result€20k-€65k▲ 220%€25k▼ 61.4%€28k▲ 13.4%€57k▲ 102%
Net result€18k-€48k▲ 160%€17k▼ 64.5%€29k▲ 69.5%€27k▼ 4.9%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 102% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €409k
Fixed assets
€88k ▲ 5.9%
Current assets
€320k ▲ 18.9%
Equity and liabilities €409k
Equity
€276k ▲ 11.0%
Debt
€132k ▲ 27.5%
Debt's share of the balance-sheet total rises from 29.4% to 32.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▲
2023 · €48k
Cash flow
€50k▲
2023 · €48k
Current ratio
3.24▲
2023 · 2.79
Debt to equity
0.48▲
2023 · 0.42
ROE
9.9%▼
2023 · 11.5%
ROA
6.7%▼
2023 · 8.1%
Interest coverage
19.39▼
2023 · 216.52
Debt ≤ 1 year
€99k▲
2023 · €97k
Debt > 1 year
€34k▲
2023 · €7k
Income taxes
€40k▲
2023 · €9k
Staff costs
€60k▼
2023 · €140k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€353k€409k▲
Fixed assets21/28€83k€88k▲
Tangible fixed assets22/27€54k€59k▲
Plant, machinery and equipment23€501€501=
Furniture and vehicles24€54k€59k▲
Financial fixed assets28€29k€29k=
Current assets29/58€269k€320k▲
Amounts receivable within one year40/41€235k€275k▲
Trade receivables40€36k€10k▼
Other amounts receivable41€199k€265k▲
Cash at bank and in hand54/58€34k€45k▲
Equity and liabilities
Total equity and liabilities10/49€353k€409k▲
Equity10/15€249k€276k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€237k€264k▲
Amounts payable17/49€104k€132k▲
Amounts payable after more than one year17€7k€34k▲
Financial debts170/4€7k€34k▲
Amounts payable within one year42/48€97k€99k▲
Current portion of amounts payable after more than one year42€51k€27k▼
Trade debts44€23k€39k▲
Suppliers440/4€23k€39k▲
Taxes, remuneration and social security45€23k€33k▲
Taxes450/3€17k€33k▲
Remuneration and social security454/9€6k-
Income statement
Code20232024
Turnover70€491k-
Goods, raw materials, services and sundry goods60/61€299k-
Remuneration, social security and pensions62€140k€60k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€23k▲
Other operating charges640/8€5k€18k▲
Gross operating margin9900€193k€158k▼
Operating profit (loss)9901€28k€57k▲
Financial income75/76B€9k€14k▲
Recurring financial income75€9k€14k▲
Financial charges65/66B€221€4k▲
Recurring financial charges65€221€4k▲
Profit (loss) for the period before taxes9903€38k€67k▲
Income taxes67/77€9k€40k▲
Profit (loss) for the period9904€29k€27k▼
Profit (loss) for the period to be appropriated9905€29k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€237k€264k▲
Profit (loss) brought forward from the previous period14P€208k€237k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 148 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 168 days late
2023
19-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 111 days late
2022
31-12
Financial
Weakest financial yearnet €17k ▼64.5%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 153 days late
2021
31-12
Financial
Equity above €200kEq €203k ▲30.6%
4 profitable years in a row build equity to €203k.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 153 days late
13-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 256 days late
2020
31-12
Financial
Equity above €150kEq €156k ▲13.3%
3 profitable years in a row build equity to €156k.
2019
31-12
Financial
Highest result since 2018net €85k ▲160%
Operating result €93k, net result €85k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.67
Current ratio from 2.33 to 4.67; short-term debt falls from €43k to €34k.
31-12
Financial
Equity above €100kEq €137k ▲94.1%
2 profitable years in a row build equity to €137k.
Show earlier events
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 145 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 153 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Boom · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gendarmerielaan 142850 BoomGround area
373 m²
Building footprint
280 m²
Volume, LiDAR
2,874 m³
2 parcels, Flanders · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TRANS WETTEREN
since 20142.230.013.568
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005B0393/00L000 | Flanders | 259 m² | 1 · 188 m² | 18.9 m · 5 fl. |
| 11005A0030/00C004 | Flanders | 114 m² | 1 · 92 m² | 8.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CAMUT
BE 0412.524.766
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DELCROIX
BE 0426.766.346
Celles (lez-Tournai) · Eq €276,115
Transflor Geluwe
BE 0464.615.449
Menen · Eq €276,528
Metal Transport & Service
BE 0779.625.820
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DOCHY J & K
BE 0825.102.289
Diksmuide · Eq €276,722
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,928 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.