Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.3 to 2.3.
Financials
Financial year 2025
TRANSPORT + from Ieper, company number BE0598854244, closed financial year 2025 with a result of € -57,558 after tax. For that financial year TRANSPORT + recorded a gross margin of € 89,351 and equity of € -25,941. Compared with financial year 2024, the result moved from € 1,972 to € -57,558. 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 August 3, 2026.
€ -25,941
▼ € 57,558 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,558
▼ still € 1,972 profit in 2024
Profit after tax over the fiscal year.
€ 805
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -44,541.
People and assets in 2025
2.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 139,641
▼ 15% vs 2024
€ 60,700 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.
€ 3,377
▼ 65% vs 2024
Of which on lease € 2,742.
Debts at end 2025
€ 2,282
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 105,942
▲ € 80,292 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,379
▼ 55% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 135,350 | € 225,577 | € 175,658 | € 89,351 | ▼ 49% |
| Profit after taxes | € -55,549 | € 52,644 | € 1,972 | € -57,558 | ▼ € 59,530 |
| Equity | € -23,000 | € 29,644 | € 31,617 | € -25,941 | ▼ € 57,558 |
| Total debts | € 1,156,377 | € 166,880 | € 242,529 | € 166,866 | ▼ 31% |
| Cash | € 16,426 | € 6,105 | € 1,283 | € 805 | ▼ 37% |
| Retained profit | € -41,600 | € 11,044 | € 13,017 | € -44,541 | ▼ € 57,558 |
| Bank debt | € 18,295 | € 13,037 | € 7,700 | € 2,282 | ▼ 70% |
| Balance sheet total | € 1,136,599 | € 198,824 | € 275,524 | € 141,382 | ▼ 49% |
| Employees (FTE) | 4 | 3.3 | 3 | 2.3 | ▼ 0.7 |
Key figures of TRANSPORT +, 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 TRANSPORT +?
What happened at TRANSPORT + in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 57,558 (▼ € 59,530 vs 2024). filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,549 loss in 2022 to € 57,558 loss in 2025.
Paid € 2,765 in corporate taxes since 2022.
Best year ever: 2023, with € 52,644 profit.
On average € 38,800 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Bargiestraat 16
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
petilliongroup.com
Registered
2013-10-07
Registrar
InterNetX GmbH
Expires
2026-10-07
Website info
Features
Security
Network
Details
- Company number
- 0598.854.244
- VAT number
- BE 0598.854.244
- Registered office
- Bargiestraat 16, 8900 Ieper
- Names & denominations
- TRANSPORT +
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2015
- Peppol
- Active · Active since 7 May 2026
- Contact
- petilliongroup.com
- Activities · NACE
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