TRANSGLOBE

Active

Private limited companyfounded 20242 yrs activeTemselaan 100/A, 1853 Grimbergen, BelgiumKBO/BCE: BE 1012.153.626

Summary

The computed 12-month bankruptcy probability of TRANSGLOBE is 2.7% (moderate). The 2025 annual accounts show equity of €19,924 and a net result of €16,757. Its solvency ranks better than 55% of 5606 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

TRANSGLOBEActiveChecked score 53/100

Risk analysis Report Compare

Activity

On-demand passenger transport by chauffeured vehicle

NACE 49330Non-scheduled passenger transport by road NACE 49320

1 site

Size

€45,743total assets 2025

Equity: €19,924
Profit: €16,757

Turnover not published (abridged schema)

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 2.7%

Structure

Board: 1 member

Accounts filed 7 d late1 of 5 deeds read

Why 53- Founded in 2024- Size: total assets €45,743- Sector Land transport and transport via pipelines (NACE 49)+ Liquidity: current ratio 1.95, cash €5,913Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 69% of its sector peers (NACE 49, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Strong

Solvency 69

equity 43.6% of total assets

Liquidity 53

short-term debt 31.6% · cash 12.9%

Profitability 100

return on assets 36.6%

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,056 companies)

Last 24 months 09-2025: 3.6% 10-2025: 3.7%▲ +2.3% vs 09-2025 11-2025: 4.1%▲ +9.8% vs 10-2025 12-2025: 4.2%▲ +3.3% vs 11-2025 01-2026: 4.6%▲ +9.2% vs 12-2025 02-2026: 4.6%● 0.0% vs 01-2026 03-2026: 5.0%▲ +9.1% vs 02-2026 04-2026: 5.0%▼ -0.5% vs 03-2026 05-2026: 4.8%▼ -3.7% vs 04-2026 06-2026: 4.8%▲ +0.7% vs 05-2026 07-2026: 5.3%▲ +8.8% vs 06-2026highest value 08-2026: 5.3%● 0.0% vs 07-2026highest value 09-2026: 2.7%▼ -48.9% vs 08-2026lowest value 10-2026: 2.7%● 0.0% vs 09-2026lowest value

Founded in 2024 raises the probability for this profile
Size: total assets €45,743 raises the probability for this profile
Sector Land transport and transport via pipelines (NACE 49) raises the probability
Liquidity: current ratio 1.95, cash €5,913 lowers the probability

Credit up to €1,000 at 30 days acceptable

Liquidity ample (current ratio 1.95; short-term debt: 31.6% and cash: 12.9% of total assets), but 56.4% 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 49, micro). Better than this share of them on solvency 56%, liquidity 58%, profitability 94%. 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.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Founded in 2024

In the bankruptcy model this factor raises the probability for this profile.

KBO

Size: total assets €45,743

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Sector Land transport and transport via pipelines (NACE 49)

In the bankruptcy model this factor raises the probability.

KBO

Liquidity: current ratio 1.95, cash €5,913

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 1 filing

Deviation from the deadline

2025

7 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

07-08-26 Annual accounts filedfiscal year 2025 · micro…
10-03-26 Resignation: Mahamed jiscin kenedid (director)Appointment: Yasin mohamed ahmed (manager)

Key points

Caution: Board changedlatest change 10-03-2026 · 1 in office 1 joined · 1 left View
Total assets 2025first fiscal year filed €45,743 View
Active since 2024founded 02-08-2024 2 years View