Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 317.6 to 247.8.
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Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Transnubel from Sint-Joost-ten-Node, company number BE0406950632, closed financial year 2025 with a result of € -7.6 million after tax. For that financial year Transnubel recorded revenue of € 25.4 million and equity of € -5.4 million. Compared with financial year 2024, the result moved from € -467,196 to € -7.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ -5.4 million
▼ € 7.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7.6 million
▼ 1527 % more loss than in 2024
Profit after tax over the fiscal year.
€ 139,143
▲ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.1 million.
People and assets in 2025
247.8
▼ 34.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18 million
€ 72,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,135
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13.5 million
▲ 39% vs 2024
Loans from banks and other lenders, long and short.
€ 1.9 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 3.8 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,456,415 | € 35,707,689 | € 32,921,580 | € 25,405,084 | ▼ 23% |
| Profit after taxes | € 224,835 | € 2,420,791 | € -467,196 | € -7,602,555 | ▼ € 7.1 million |
| Equity | € 231,365 | € 2,652,156 | € 2,184,960 | € -5,417,595 | ▼ € 7.6 million |
| Total debts | € 13,732,520 | € 11,348,982 | € 15,827,530 | € 20,202,053 | ▲ 28% |
| Cash | € 794,750 | € 62,829 | € 91,612 | € 139,143 | ▲ 52% |
| Land & buildings | € 1,238,629 | € 1,021,558 | € 804,486 | € 593,527 | ▼ 26% |
| Retained profit | € -2,435,635 | € -14,844 | € -482,040 | € -8,084,595 | ▼ € 7.6 million |
| Bank debt | € 1,700,000 | € 1,700,000 | € 9,689,507 | € 13,494,399 | ▲ 39% |
| Balance sheet total | € 21,527,023 | € 21,411,745 | € 25,795,555 | € 24,269,708 | ▼ 6% |
| Employees (FTE) | 342.1 | 317.6 | 282 | 247.8 | ▼ 34.2 |
Key figures of Transnubel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Transnubel?
What happened at Transnubel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Matthieu Trenchant stepped down as director. NBB
- Mark Dirckx stepped down as director. NBB
- Christian de Lafforest stepped down as director. NBB
- Philippe Masereel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7.6 million. Source: NBB ↗
- Christian de Lafforest became a director. NBB
- Eric Christyn de Ribaucourt stepped down as director. NBB
- Philippe Masereel became a director. NBB
In short
From € 224,835 profit in 2022 to € 7.6 million loss in 2025.
Paid € 919,474 in corporate taxes since 2022.
Best year ever: 2023, with € 2.4 million profit.
Pays suppliers within 51 days on average.
Management
The shares are held by EQUANS (100%). It owns 100% of TECNUBEL GMBH itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2025
since 2020 · until 2031
Mark Dirckx
Director
Also active at: AGORIA, Prime Technics, FABRICOM OFFSHORE, EQUANS, ROBINETTERIE INDUSTRIELLE STEPHANOISE TERM, EUROPEAN CONTROL SERVICES, EQUANS FLEET, TramContractors
since 2020 · until 2030
since 2025 · until 2030
Philippe Masereel
Chairman of the board
Also active at: EQUANS Services, Prime Technics, EQUANS, EUROPEAN CONTROL SERVICES
since 2022 · until 2028
Shareholders
100%
Participations
TECNUBEL GMBH
100%
Establishments
Establishment units
Physical locations of this company
Koning Albert II-laan 19
1210 Sint-Joost-ten-Node
Zandbergen 1
2480 Dessel
Active since 21 June 1983
Rue de l'Industrie 9
4530 Villers-le-Bouillet
Active since 16 February 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
All companies at this address →Instituut van de Bedrijfsrevisoren
ISB BUILDING TECHNICS
€ 25.3 million revenue · 2025
EQUANS Services same network
€ 527.9 million revenue · 2025
ASSURALIA (beroepsvereniging van verzekeringsondernemingen)
€ 1.6 million revenue · 2025
Instituut van de revisoren erkend voor de financiële instellingen
+47 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Canonical: https://www.equans.be/nos-expertises/services-industriels/services-nucleaires
Technologies
Certifications & Partners
Hosting & Email
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Website info
Features
Security
Details
- Company number
- 0406.950.632
- VAT number
- BE 0406.950.632
- Registered office
- Koning Albert II-laan 19, 1210 Sint-Joost-ten-Node
- Names & denominations
- Transnubel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1969
- Peppol
- Active · Active since 8 Jan 2026
- Contact
- transnubel.be
- Activities · NACE
Storten of permanent opslaan
Goederenvervoer over de weg
Behandeling en verwijdering van gevaarlijk afval