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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TRANSCO from Soignies, company number BE0426617183, closed financial year 2025 with a result of € 16,064 after tax. For that financial year TRANSCO recorded a gross margin of € 22,107 and equity of € -15,140. Compared with financial year 2024, the result moved from € -22,054 to € 16,064. Profitable, and profit is growing. 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 August 31, 2026.
€ -15,140
▲ € 16,064 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,064
▲ still € 22,054 loss in 2024
Profit after tax over the fiscal year.
€ 1,251
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -40,695.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,140
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22,442
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,858
▲ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,173 | € -14,217 | € -17,181 | € 22,107 | ▲ € 39,288 |
| Profit after taxes | € 201 | € -22,502 | € -22,054 | € 16,064 | ▲ € 38,118 |
| Equity | € 13,351 | € -9,151 | € -31,204 | € -15,140 | ▲ € 16,064 |
| Total debts | € 44,275 | € 77,744 | € 49,929 | € 43,435 | ▼ 13% |
| Cash | € 333 | € 2,592 | € 2,103 | € 1,251 | ▼ 41% |
| Retained profit | € -12,203 | € -34,705 | € -56,759 | € -40,695 | ▲ € 16,064 |
| Bank debt | € 3,056 | € 4,462 | € 0 | € 0 | |
| Balance sheet total | € 57,626 | € 68,593 | € 18,725 | € 28,294 | ▲ 51% |
Key figures of TRANSCO, 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 TRANSCO?
What happened at TRANSCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,064. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 201 profit in 2022 to € 16,064 profit in 2025.
Paid € 2,775 in corporate taxes since 2022.
Best year ever: 2025, with € 16,064 profit.
Management
Behind TRANSCO is PIERRE ADAM.
Directors
According to the 2025 annual accounts
PIERRE ADAM
Director
Establishments
Establishment units
Physical locations of this company
Place Van Zeeland 6
7060 Soignies
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.617.183
- VAT number
- BE 0426.617.183
- Registered office
- Place Van Zeeland 6, 7060 Soignies
- Names & denominations
- TRANSCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1984
- Peppol
- Active · Active since 12 Sept 2025
- Contact
- [email protected] +32495221920
- Activities · NACE
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