Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2024
TRANSECO from Antwerpen, company number BE0503990125, closed financial year 2024 with a result of € 8,169 after tax. For that financial year TRANSECO recorded a gross margin of € 305,922 and equity of € 131,958. Compared with financial year 2023, the result moved from € 8,220 to € 8,169. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 131,958
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,169
▼ 1% vs 2023
Profit after tax over the fiscal year.
€ 18
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 125,758.
People and assets in 2024
€ 274,523
▲ 25% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,130
▼ 39% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 134,254
▼ 20% vs 2023
Loans from banks and other lenders, long and short.
€ 104,953
▼ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,876
▼ 65% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 165,311 | € 314,794 | € 248,435 | € 305,922 | ▲ 23% |
| Profit after taxes | € 9,429 | € 8,069 | € 8,220 | € 8,169 | ▼ 1% |
| Equity | € 107,501 | € 115,569 | € 123,789 | € 131,958 | ▲ 7% |
| Total debts | € 406,653 | € 382,013 | € 298,916 | € 245,359 | ▼ 18% |
| Cash | - | € 18 | € 18 | € 18 | |
| Retained profit | € 101,301 | € 109,369 | € 117,589 | € 125,758 | ▲ 7% |
| Bank debt | € 165,958 | € 165,988 | € 168,714 | € 134,254 | ▼ 20% |
| Balance sheet total | € 514,153 | € 497,583 | € 422,705 | € 377,317 | ▼ 11% |
| Employees (FTE) | - | - | 3.2 | - |
Key figures of TRANSECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TRANSECO?
What happened at TRANSECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Mehmed Redzheb became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,429 profit in 2021 to € 8,169 profit in 2024.
Paid € 17,193 in corporate taxes since 2021.
Best year ever: 2021, with € 9,429 profit.
On average € 77,600 of value added per employee in 2023.
A new publication or filing at TRANSECO? We notify you, reason included.
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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
Behind TRANSECO is Mehmed Redzheb. Mehmed Redzheb is also behind ALFA-CONSTRUCT.
Directors
According to the 2024 annual accounts
since 2013
Establishments
Establishment units
Physical locations of this company
Europalaan 17
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0503.990.125
- VAT number
- BE 0503.990.125
- Registered office
- Europalaan 17, 2610 Antwerpen
- Names & denominations
- TRANSECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2013
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Stukadoorswerk
Metselwerk
Uitvoeren van metsel- en voegwerken
Overige werkzaamheden in verband met de afwerking van gebouwen
Schilderen van gebouwen