OPENING OF BANKRUPTCY

TransAdvance

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Financial year 2024 · closed on 31/12/2024

Net result

394,3 €

-60.3% YoY

Gross margin

261,3 k €

+92.0% YoY

Equity

29,3 k €

+1.4% YoY

Workforce

4,6 ETP

+76.9% YoY

Company — Opening of bankruptcy.

What does TransAdvance do?

TransAdvance is a Private limited company incorporated in 2010. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Hamme (Vl.). It employs on average 4,6 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0823.860.986

Incorporation

11/03/2010

Legal form

Private limited company

Registered office

Heirbaan 116
9220 Hamme (Vl.) · FlandreSee on map

Contributed capital

10 000,00 €

Latest accounts

31/12/2024

Average workforce

4,6 ETP

Activities (NACE)

43230Electrical, plumbing and other construction installation activities· main 43291Other construction installation 43350Building completion and finishing 43390Other building completion and finishing 43910Roofing activities 43994Other specialised construction activities n.e.c.

Joint committees (3)

14003
200
2000

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	261,3 k €	+92.0%	136,1 k €	+21.3%	112,2 k €	+11.9%	100,3 k €	+50.3%	66,7 k €	+139%	27,9 k €	+20.8%	23,1 k €	+32.7%	17,4 k €	+9.6%	15,9 k €	+3.4%	15,4 k €	-12.0%	17,5 k €	+1983%	838 €	-93.0%	12 k €
EBITDA	6,7 k €	+226%	2,1 k €	-52.3%	4,3 k €	+690%	-729,6 €	-157%	1,3 k €	+112%	607,7 €	-96.2%	15,9 k €	-3.3%	16,4 k €	+11.5%	14,7 k €	+2.1%	14,4 k €	-15.7%	17,1 k €	+1940%	838 €	-93.0%	12 k €
Operating result	6,7 k €	+226%	2,1 k €	-52.3%	4,3 k €	+690%	-729,6 €	-157%	1,3 k €	+112%	607,7 €	-76.1%	2,5 k €	-17.5%	3,1 k €	+216%	978 €	+136%	415 €	-96.0%	10,4 k €	+6149%	166 €	-98.4%	10,6 k €
Net result	394,3 €	-60.3%	993,2 €	-59.4%	2,4 k €	+352%	-972,4 €	-281%	537,3 €	+62.5%	330,7 €	-80.2%	1,7 k €	-16.2%	2 k €	+1858%	102 €	+110%	-1 k €	-110%	10,5 k €	+917%	1 k €	-87.4%	8,2 k €
Balance sheet
Equity	29,3 k €	+1.4%	29 k €	+3.6%	28 k €	+9.6%	25,5 k €	+4.8%	24,3 k €	+2.3%	23,8 k €	+1.4%	23,5 k €	+7.7%	21,8 k €	+10.1%	19,8 k €	+0.5%	19,7 k €	-4.9%	20,7 k €	+7.9%	19,2 k €	+5.7%	18,2 k €
Total assets	414,3 k €	+179%	148,5 k €	+25.8%	118 k €	+10.5%	106,8 k €	+120%	48,6 k €	+33.7%	36,4 k €	+26.3%	28,8 k €	-24.9%	38,3 k €	-19.9%	47,8 k €	-27.7%	66,2 k €	-21.1%	83,8 k €	+140%	34,9 k €	+39.6%	25 k €
Cash	5,2 k €	+150%	2,1 k €	-41.3%	3,5 k €	+26.2%	2,8 k €	-46.8%	5,2 k €	+87.4%	2,8 k €	+83.9%	1,5 k €	+378%	316,9 €	-88.2%	2,7 k €	+65.5%	1,6 k €	+87.5%	866 €	-72.3%	3,1 k €	+2119%	141 €
Debts	385 k €	+222%	119,6 k €	+32.7%	90,1 k €	+10.8%	81,3 k €	+235%	24,3 k €	+93.4%	12,6 k €	+136%	5,3 k €	-67.9%	16,5 k €	-41.1%	28 k €	-39.5%	46,3 k €	-26.4%	63 k €	+301%	15,7 k €	+130%	6,8 k €
Other
Workforce	4,6 ETP	+76.9%	2,6 ETP	+30.0%	2,0 ETP	0.0%	2,0 ETP	+11.1%	1,8 ETP	+80.0%	1,0 ETP	+900%	0,1 ETP		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Tom Baeyens

Director · since 21 juin 2023

Active

Ended mandates

Tom Baeyens

Director · since 18 janvier 2011

Ended

Tom Baeyens

Manager · since 18 janvier 2011

Ended

Benny Van Weynmeersch

Manager · since 13 janvier 2010 · until 18 janvier 2011

Ended

Tom Baeyens

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
LiFeVi● Active	1036.475.682

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	27/06/2024	14/07/2023	29/07/2022	16/03/2021	27/05/2020
General meeting	27/08/2025	05/06/2024	30/06/2023	30/06/2022	16/03/2021	30/04/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	27/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	16/03/2021	16/03/2021	Dutch	PDF
Abridged model	31/12/2019	30/04/2020	27/05/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	11/08/2011	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Tom Baeyens

Director · since 21 juin 2023

Active

Ended mandates

Tom Baeyens

Director · since 18 janvier 2011

Ended

Tom Baeyens

Manager · since 18 janvier 2011

Ended

Benny Van Weynmeersch

Manager · since 13 janvier 2010 · until 18 janvier 2011

Ended

Tom Baeyens

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2011
MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates27/01/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other23/03/2010
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024394,3 €↓
2023
Annual accounts 2023993,2 €↓
2022
Annual accounts 20222,4 k €↑
2022
Name changeTransAdvance
2021
Annual accounts 2021-972,4 €↓
2021
Name changeAdvance Construct
2018
Annual accounts 2018537,3 €↑
2017
Annual accounts 2017330,7 €↓
2016
Annual accounts 20161,7 k €↓
2015
Annual accounts 20152 k €↑
2014
Annual accounts 2014102 €↑
2013
Annual accounts 2013-1 k €↓
2012
Annual accounts 201210,5 k €↑
2011
Annual accounts 20111 k €↓
2010
Annual accounts 20108,2 k €
11/03/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TransAdvance

Overview

What does TransAdvance do?

Trend over 13 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline