Skip to content
Checked.be
Complete company report
Generated 10-08-2026
Active BE 0433.874.763Private limited company (pre-2019)Open bankruptcy

TRANSAP

· 38 yrs active
Conclusion Checked

A bankruptcy procedure is open for TRANSAP according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €293k and a net result of €251k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €293k
Net result €251k
Active 38 yrs
Locations 1
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health33Profitability100Solvency100Growth78Stability0
62 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 33
Profitability 100
Solvency 100
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2020 · computed
33 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 09-02-2022 with the NBB · fiscal year 2020 · volledig
€-100k€0€100k€200k€300kOperating result 2018: €-3k€-3kNet result 2018: €200k€200kOperating result 2019: €24k€24kNet result 2019: €231k€231kOperating result 2020: €3k€3kNet result 2020: €251k€251k201820192020
Operating resultNet result
EBITDA
€14k
-57.5% 18-20
Net profit
€251k
+8.6% 18-20
Cash flow
€262k
+9.2% 18-20
Total assets
€429k
+23.6% 18-20
Equity
€293k
+7.2% 18-20
Working capital
€272k
-1.0% 18-20
Income taxes
€6k
-62.1% 18-20
Debt
€131k
+90.3% 18-20
Debt ≤ 1y
€123k
+115.7% 18-20
Debt > 1y
€8k
-34.3% 18-20
Current ratio
3.21
-44.8% 18-20
Quick ratio
3.21
-44.8% 18-20
Solvency
68.4%
-13.3% 18-20
Debt / equity
0.03
-38.7% 18-20
ROE
85.5%
+1.2% 18-20
ROA
58.5%
-12.2% 18-20
Figures by fiscal year
Fiscal year2020
Depositvolledig
Revenue-
EBITDA€14k
Net profit€251k
Cash flow€262k
Staff costs-
Income taxes€6k
Dividends-
Total assets€429k
Equity€293k
Debt€131k
of which ≤ 1y€123k
of which > 1y€8k
Working capital€272k
Employees (FTE)-
Ratios (computed)
2020
Current ratio3.21
Quick ratio3.21
Working capital ratio63.5%
Solvency68.4%
Debt / equity0.03
Long-term debt ratio0.03
Interest coverage-
Gross margin-
Net margin-
ROA58.5%
ROE85.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€429k
Fixed assets 21/28€33k
Tangible fixed assets 22/27€33k
Financial fixed assets 28€225
Current assets 29/58€396k
Amounts receivable within one year 40/41€368k
Cash & bank 54/58€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€429k
Equity 10/15€293k
Contributions / capital 10/11€19k
Reserves 13€24k
Accumulated profits (losses) 14€251k
Provisions & deferred taxes 16€4k
Amounts payable 17/49€131k
Amounts payable after one year 17€8k
Amounts payable within one year 42/48€123k
Trade debts payable within one year 44€99k
Income statement
Gross operating margin 9900€27k
Operating result 9901€3k
Financial income 75€23k
Financial charges 65€429
Result before taxes 9903€26k
Income taxes 67/77€6k
Net result for the period 9904€20k
Result to be appropriated 9905€20k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator MICHIEL VERRAES
EDMOND TOLLENAERE- STRAAT 56-79 B23, 1020 BRUSSEL 2
 12-09-2023 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation25-03-1988
StatusActive
Postal code-
First BS signal 19-09-2023
Latest BS signal 19-09-2023
Company structure, linked entities1 linked entities
TRANSAPBE 0433.874.763MICHIEL VERRAESReceiver ↔ 147ROKADe Cnijf, DirkIRIDM
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 1 location
TRANSAP
Neerstalse Steenweg 198, 1190 Vorsthet aanbrengen van chape
since 19882.036.989.013
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
21384D0259/00G010 Brussels 180 m² 1 · 185 m² 12.6 m · 2 fl.
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.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
19-09-2023
Bankruptcy Opening
Ondernemingsrechtbank Brussel · TRANSAP BV ALSEMBERGSE- STEENWEG 842, 1180 UKKEL · event 12-09-2023
2022
08-03-2022
State Gazette act Capital & shares
09-02-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
02-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
25-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
27-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
05-12-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2015
30-09-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
30-09-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
29-08-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
2012
17-12-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
2011
29-08-2011
NBB filing Annual accounts filed
fiscal year 2010 · volledig
Lifecycle & Insolvency Signals 1 events
19-09-2023
Bankruptcy Opening
Date: 12-09-2023 · Ondernemingsrechtbank Brussel · TRANSAP BV ALSEMBERGSE- STEENWEG 842, 1180 UKKEL · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-09-19 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Capital history · 1
08-03-2022
Capital change
All acts · 1 updated 4 years ago
2022
08-03-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": "90.12,25-553.89",
          "kind": "person",
          "name": "Mr. VAZ DE PINA AMADO Cesar Andre",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 95,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Mr. FILIMON Daniel Grigore",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 5,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2022-03-08",
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2022-02-28",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2021-12-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0433.874.763",
    "name_full": "TRANSA\u0410\u0420",
    "legal_form": "SPRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 95.0,
      "kind": "person",
      "name": "Mr. VAZ DE PINA AMADO Cesar Andre",
      "role": "aandeelhouder",
      "n_shares": 95,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 5.0,
      "kind": "person",
      "name": "Mr. FILIMON Daniel Grigore",
      "role": "aandeelhouder",
      "n_shares": 5,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR TRANSAP
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative