Financials
- Fiscal year
- 2025
- Turnover
- €16.1m
- Profit
- €93,507
- Solvency
- 10.7%
Turnover▼ 13.6%
Net result
20192025
TRANSFER
ActiveSummary
The computed 12-month bankruptcy probability of TRANSFER is 1.5% (moderate). The 2025 annual accounts show equity of €484,657 and a net result of €93,507. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 844 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Media representation
NACE 73120
Size
€16.1mturnover 2025
- Staff
- 18.4 FTE
- Equity
- €484,657
- Profit
- €93,507
Structure
- Parent
- Disney Networks Group Netherlands Holding BV · 100%
- Board
- 2 members
Auditor: BV PwC BedrijfsrevisorenAccounts filed 64 d late
Why 62- Latest accounts 64 days late; 2 of the last 3 late- No establishment unit in the KBO- Liquidity: current ratio 1.09, cash €307,715, halved- Equity €484,657 (10.7% of total assets)Show the evidence
Checked score
Score 2025
62
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 28% of its sector peers (NACE 73, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
36+4
equity 10.7% of total assets
Liquidity
9-14
short-term debt 89.3% · cash 6.8%
Profitability
56+49
return on assets 2.1%
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.3%highest value
12-2024: 4.1%▼ -3.6% vs 11-2024
01-2025: 4.1%▼ -1.3% vs 12-2024
02-2025: 4.1%▲ +1.4% vs 01-2025
03-2025: 4.2%▲ +2.2% vs 02-2025
04-2025: 4.3%▲ +1.4% vs 03-2025
05-2025: 4.0%▼ -6.8% vs 04-2025
06-2025: 1.6%▼ -60.6% vs 05-2025
07-2025: 1.6%● 0.0% vs 06-2025
08-2025: 1.6%● 0.0% vs 07-2025
09-2025: 1.6%● 0.0% vs 08-2025
10-2025: 1.6%● 0.0% vs 09-2025
11-2025: 1.6%▼ -1.5% vs 10-2025
12-2025: 1.5%▼ -1.5% vs 11-2025
01-2026: 1.5%▼ -0.3% vs 12-2025lowest value
02-2026: 1.6%▲ +1.6% vs 01-2026
03-2026: 1.6%▲ +2.6% vs 02-2026
04-2026: 1.8%▲ +10.5% vs 03-2026
05-2026: 1.9%▲ +8.5% vs 04-2026
06-2026: 1.9%▲ +1.6% vs 05-2026
07-2026: 1.5%▼ -20.7% vs 06-2026
08-2026: 1.5%● 0.0% vs 07-2026
09-2026: 1.5%● 0.0% vs 08-2026
10-2026: 1.5%● 0.0% vs 09-2026
- Latest accounts 64 days late; 2 of the last 3 late raises the probability
- No establishment unit in the KBO raises the probability
- Liquidity: current ratio 1.09, cash €307,715, halved raises the probability
- Equity €484,657 (10.7% of total assets) raises the probability
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.08 in 2024; short-term debt: 89.3% and cash: 6.8% of total assets), and 89.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, small). Better than this share of them on solvency 17%, liquidity 7%, profitability 41%, growth against the median 49%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 844 sector peers (2025).
NBB · sector comparisonPosition among 844 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 27-09-2025 was due by 27-04-2026 and was filed on 30-06-2026, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
64 d late
2024
18 d late
2023
142 d late
2022
284 d late
2021
184 d late
2020
213 d late
2019
671 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 225 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Board meeting · Registered-office movePower of attorney
- Annual accounts filedfiscal year 2025 · full…
- Capital & shares · Statutes amendmentCapital increase · Capital contribution…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- Disney Networks Group Netherlands… · 100%
- Known shareholders
- 100%
- Auditor
- BV PwC Bedrijfsrevisoren
Go to Board & ownership
Network & group
- Group
- The Walt Disney Company
Timeline
- Events
- 37
- Since
- 2011
- 22-09-2026Board meeting · Registered-office move
- 30-06-2026Annual accounts filed
- 19-03-2026Capital & shares · Statutes amendment
Company details
- Legal form
- Public limited company
- Activity
- Media representationNACE 73120
- Founded
- 13-12-2011
- Year ends
- 27-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- Het verschaffen van advertentie verkoopsdiensten in België en in het bijzonder het…
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