About Transforce
Transforce is a private limited company (BV/SRL) based in Hasselt, founded in 2016. According to the company register, Transforce has the status "Opening faillissement". Its main activity is classified as "Goederenvervoer over de weg". For the 2023 financial year, Transforce reported a loss of €1.6 million. That makes 3 loss-making financial years in a row for Transforce. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€418,508. It employed an average of 13 full-time equivalents. Equity is negative (-€678,136): liabilities exceed assets. 3 annual accounts are available, covering 2021 to 2023.
- Sectors
- Transport companies
- Activities
- Signals
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Juridical warningJuridical warning
The legal status points to elevated risk (e.g. dissolution or bankruptcy).
Negative equityNegative equity € -678KEquity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -1.56MThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.20The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -1.51MOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -1.45MEBITDA is negative: operating activities are loss-making.
High social debt vs. personnel costsHigh social debt vs. personnel costs 31.8%Social debts are a high share of personnel costs, which may indicate social security arrears.
Financial ratios
|
|
2023
|
2022
|
2021
|
|---|---|---|---|
|
€
-419K
|
€
-399K
|
€
10K
|
|
|
€
-1.45M
|
€
-873K
|
€
-123K
|
|
|
€
-1.62M
|
€
-977K
|
€
-206K
|
|
|
€
-678K
|
€
-243K
|
€
27K
|
|
|
-100.15%
|
-45.96%
|
8.71%
|
|
|
€
1.36M
|
€
773K
|
€
286K
|
|
|
€
12K
|
€
37K
|
€
47K
|
|
|
13
|
10.20
|
2.80
|
Publications 14
All publications- Maatschappelijke Zetel 12/02/2025
- Rubriek Einde (Stopzetting, Intrekking Stopzetting, Nietigheid, Ger. Ak., Gerechtelijke Reorganisatie, Enz... 27/01/2025
- Rubriek Einde (Stopzetting, Intrekking Stopzetting, Nietigheid, Ger. Ak., Gerechtelijke Reorganisatie, Enz... 04/12/2024
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Kapitaal - Aandelen 05/03/2024
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Kapitaal - Aandelen - Ontslagen - Benoemingen 14/12/2023
Frequently asked questions
Answers to the most common questions about Transforce, based on official government data and the filed annual accounts.
What is the VAT number of Transforce?
The VAT number of Transforce is BE0660.951.565.
How many employees work at Transforce?
In 2023, Transforce employed 13.00 full-time equivalents (FTE).
When was Transforce established?
Transforce was founded in 17-08-2016.
What is the official address of Transforce?
The official address of Transforce is Walenstraat 63A Hasselt 3500.
What is the legal form of Transforce?
The juridical form of Transforce is Private limited company (BV/SRL).
What is the annual revenue of Transforce?
The 2023 accounts of Transforce do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Transforce a reliable company?
Transforce is a registered Rechtspersoon with company number 0660.951.565 and can be verified through the official CBE database.
What is the credit limit of Transforce?
The estimated credit limit of Transforce is €0.
Is Transforce still active?
Transforce currently has the status "Opening faillissement" and is not active.