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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
Transcontinental Oil Transportation from Vorst, company number BE0840752844, closed financial year 2024 with a result of € -659,883 after tax. Compared with financial year 2023, the result moved from € -605,461 to € -659,883. 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 January 2, 2026.
€ -8.1 million
▼ € 659,883 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -659,883
▼ 9 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.8 million.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 7.6 million
▲ 2% vs 2023
Loans from banks and other lenders, long and short.
€ 3,839
▲ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 134 days on average.
€ 533,386
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Profit after taxes | € -605,461 | € -659,883 | ▼ € 54,422 |
| Equity | € -7,460,490 | € -8,120,373 | ▼ € 659,883 |
| Total debts | € 7,460,490 | € 8,120,373 | ▲ 9% |
| Retained profit | € -8,135,098 | € -8,794,981 | ▼ € 659,883 |
| Bank debt | € 7,457,030 | € 7,583,148 | ▲ 2% |
Key figures of Transcontinental Oil Transportation, fiscal years 2023 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 Transcontinental Oil Transportation?
What happened at Transcontinental Oil Transportation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 659,883. filed late Source: NBB ↗
- Casey McCandless became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vorst. KBO
In short
From € 605,461 loss in 2023 to € 659,883 loss in 2024.
Pays suppliers within 134 days on average.
A new publication or filing at Transcontinental Oil Transportation? 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
The stake of TETHYS KAZAKHSTAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Transcontinental Oil TransportationBehind Transcontinental Oil Transportation is Casey McCandless. The shares are held by TETHYS KAZAKHSTAN (100%). It owns 50% of Aral Oil Terminal LLP FC itself.
Directors
According to the 2024 annual accounts
Casey McCandless
Director
since 2021
Shareholders
100%
Participations
Aral Oil Terminal LLP FC
50%
Establishments
Establishment units
Physical locations of this company
Van Volxemlaan 302-304 box 4
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
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€ 290,265 gross margin · 2025
WILDEWOUD
€ -5,970 gross margin · 2024
Libra - Tax & Accountancy - Brussels
€ 543,473 gross margin · 2025
Simon Nagel Fine Art
€ -31,487 gross margin · 2025
+32 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.752.844
- VAT number
- BE 0840.752.844
- Registered office
- Van Volxemlaan 302-304 bus 4, 1190 Vorst
- Names & denominations
- Transcontinental Oil Transportation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2011
- Peppol
- Not registered