Financials
Financial year 2025
TRANS EUROPE EXPRESS from Erpe-Mere, company number BE0428758509, closed financial year 2025 with a result of € -154,303 after tax. For that financial year TRANS EUROPE EXPRESS recorded revenue of € 25.2 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 127,132 to € -154,303. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 3.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -154,303
▼ still € 127,132 profit in 2024
Profit after tax over the fiscal year.
€ 81,365
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
99.6
▲ 6.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.1 million
▲ 12% vs 2024
€ 71,300 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.
€ 4.6 million
▲ 25% vs 2024
Of which on lease € 4 million.
Debts at end 2025
€ 5 million
▲ 22% vs 2024
€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.9 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 587,829
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,333,604 | € 20,473,979 | € 22,769,794 | € 25,249,664 | ▲ 11% |
| Profit after taxes | € 148,220 | € 653,818 | € 127,132 | € -154,303 | ▼ € 281,435 |
| Equity | € 2,479,002 | € 3,132,819 | € 3,259,951 | € 3,308,332 | ▲ 1% |
| Total debts | € 4,762,485 | € 7,965,021 | € 6,070,424 | € 7,429,431 | ▲ 22% |
| Cash | € 265,775 | € 362,170 | € 548,711 | € 81,365 | ▼ 85% |
| Retained profit | € 579,002 | € 1,232,819 | € 1,359,951 | € 1,205,648 | ▼ 11% |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,636,349 | € 5,904,737 | € 4,044,819 | € 4,953,441 | ▲ 22% |
| Balance sheet total | € 7,241,487 | € 11,097,841 | € 9,330,375 | € 10,737,763 | ▲ 15% |
| Employees (FTE) | 73.6 | 78.5 | 93.3 | 99.6 | ▲ 6.3 |
Key figures of TRANS EUROPE EXPRESS, 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 TRANS EUROPE EXPRESS?
What happened at TRANS EUROPE EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 154,303 (▼ € 281,435 vs 2024). Source: NBB ↗
- New establishment in Kruisem. KBO
- New establishment in Waregem. KBO
- New establishment in Zulte. KBO
- Cedmax BV became a director. NBB
- Dirk Tack became a director. NBB
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 148,220 profit in 2022 to € 154,303 loss in 2025.
Paid € 149,186 in corporate taxes since 2022.
Best year ever: 2023, with € 653,818 profit.
Paid out € 100,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CEDMAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRANS EUROPE EXPRESSBehind TRANS EUROPE EXPRESS are Cedmax BV and Dirk Tack. The shares are held by CEDMAX (100%).
Directors
According to the 2025 annual accounts
Director · represented by Tom Tack
since 2023
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Evenbroekveld 1
9420 Erpe-Mere
Industriezone(KRU) 8
9770 Kruisem
Active since 1 January 2026
Transvaalstraat 59
8793 Waregem
Active since 1 January 2026
Waalstraat 298
9870 Zulte
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.758.509
- VAT number
- BE 0428.758.509
- Registered office
- Evenbroekveld 1, 9420 Erpe-Mere
- Names & denominations
- TRANS EUROPE EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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