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TRANSFORM HABITAT

Active
Private limited companyfounded 199036 yrs activeRue du Greffier(EV) 25, 7730 Estaimpuis, BelgiumKBO/BCE: BE 0440.337.240
Summary

TRANSFORM HABITAT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €330,959 and a net result of €12,767. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▲+1
Solvency64▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
short-term debt: 45.4% of total assets, and 60.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
39.1%
Return on assets
1.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
25 d late
2023
26 d late
2022
1 d late
2021
2 d early
2020
23 d late
2019
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TRANSFORM HABITAT was incorporated on 22 February 1990.1 Total assets rose from EUR 568,728 in 2018 to EUR 846,003 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€330,959▲ 4.0%
2024 · €318,192
Total assets
€846,003▼ 3.8%
2024 · €879,240
Net result
€12,767▲ 80.0%
2024 · €7,094
Working capital
-€380,519▼ 54.4%
2021 · -€246,495
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€51,042▲ 9.8%€34,304▼ 32.8%€35,886▲ 4.6%€17,011▼ 52.6%€28,981▲ 70.4%
Net result€33,380above the sector's middle half▲ 17.0%€20,406within the sector's middle half▼ 38.9%€22,099within the sector's middle half▲ 8.3%€7,094within the sector's middle half▼ 67.9%€12,767within the sector's middle half▲ 80.0%
Equity€268,593within the sector's middle half▲ 14.2%€288,999within the sector's middle half▲ 7.6%€311,098within the sector's middle half▲ 7.6%€318,192within the sector's middle half▲ 2.3%€330,959above the sector's middle half▲ 4.0%
Total assets€630,624within the sector's middle half▼ 4.0%€701,231within the sector's middle half▲ 11.2%€705,285within the sector's middle half▲ 0.6%€879,240within the sector's middle half▲ 24.7%€846,003within the sector's middle half▼ 3.8%
Debt€354,560▼ 14.2%€405,517▲ 14.4%€388,228▼ 4.3%€555,846▲ 43.2%€510,599▼ 8.1%
Working capital-€246,495below the sector's middle half-€380,519below the sector's middle half
Solvency42.6%within the sector's middle half▲ 6.8pp41.2%within the sector's middle half▼ 1.4pp44.1%within the sector's middle half▲ 2.9pp36.2%within the sector's middle half▼ 7.9pp39.1%within the sector's middle half▲ 2.9pp
Current ratio0.15below the sector's middle half0.00below the sector's middle half
Return on assets (ROA)5.3%within the sector's middle half▲ 1.0pp2.9%within the sector's middle half▼ 2.4pp3.1%within the sector's middle half▲ 0.2pp0.8%within the sector's middle half▼ 2.3pp1.5%within the sector's middle half▲ 0.7pp
Staff (FTE)11=
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €51,042€51,042Net result 2021: €33,380€33,380Operating result 2022: €34,304€34,304Net result 2022: €20,406€20,406Operating result 2023: €35,886€35,886Net result 2023: €22,099€22,099Operating result 2024: €17,011€17,011Net result 2024: €7,094€7,094Operating result 2025: €28,981€28,981Net result 2025: €12,767€12,76720212022202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €35,886€35,900Net result 2023: €22,099€22,100Operating result 2024: €17,011€17,000Net result 2024: €7,094€7,090Operating result 2025: €28,981€29,000Net result 2025: €12,767€12,800202320242025
The operating result recovers in 2025; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €846,003
Equity €330,959 ▲ 4.0%
Provisions €4,445 ▼ 14.5%
Debt €510,599 ▼ 8.1%
Debt's share of the balance-sheet total falls from 63.2% to 60.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€69,288▼
2024 · €71,372
Cash flow
€53,074▼
2024 · €61,455
Debt to equity
1.54▼
2024 · 1.75
ROE
3.9%▲
2024 · 2.2%
Interest coverage
9.05▼
2024 · 10.84
Debt ≤ 1 year
€384,400▲
2024 · €381,136
Debt > 1 year
€126,199▼
2024 · €174,710
Income taxes
€9,530▲
2024 · €4,518
Staff costs
€25,888▲
2024 · €16,172
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€879,240€846,003▼
Fixed assets21/28€878,624€846,003▼
Tangible fixed assets22/27€877,137€844,517▼
Land and buildings22€843,455€817,926▼
Furniture and vehicles24€33,682€26,591▼
Financial fixed assets28€1,486€1,486=
Current assets29/58€616-
Deferred charges and accrued income490/1€616-
Equity and liabilities
Total equity and liabilities10/49€879,240€846,003▼
Equity10/15€318,192€330,959▲
Contributions10/11€7,313€7,313=
Revaluation surpluses12€25,852€25,852=
Reserves13€24,465€22,196▼
Tax-exempt reserves132€22,606€20,336▼
Distributable reserves133€1,859€1,859=
Profit (loss) carried forward14€260,562€275,598▲
Provisions and deferred taxes16€5,202€4,445▼
Deferred taxes168€5,202€4,445▼
Amounts payable17/49€555,846€510,599▼
Amounts payable after more than one year17€174,710€126,199▼
Financial debts170/4€174,710€126,199▼
Amounts payable within one year42/48€381,136€384,400▲
Current portion of amounts payable after more than one year42€47,049€48,511▲
Financial debts43€413€6,193▲
Credit institutions430/8€413€6,193▲
Trade debts44€4,229€9,189▲
Suppliers440/4€4,229€9,189▲
Taxes, remuneration and social security45€18,460€20,436▲
Taxes450/3€16,643€17,176▲
Remuneration and social security454/9€1,817€3,260▲
Other amounts payable47/48€310,984€300,070▼
Income statement Code20242025
Remuneration, social security and pensions62€16,172€25,888▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54,361€40,307▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3,755-
Other operating charges640/8€9,126€9,306▲
Gross operating margin9900€100,425€104,482▲
Operating profit (loss)9901€17,011€28,981▲
Financial income75/76B€427€216▼
Recurring financial income75€427€216▼
Financial charges65/66B€6,582€7,658▲
Recurring financial charges65€6,582€7,658▲
Profit (loss) for the period before taxes9903€10,856€21,540▲
Transfer from deferred taxes780€756€756=
Income taxes67/77€4,518€9,530▲
Profit (loss) for the period9904€7,094€12,767▲
Transfer from tax-exempt reserves789€2,269€2,269=
Profit (loss) for the period to be appropriated9905€9,363€15,036▲
Appropriation of the result
Profit (loss) to be appropriated9906€260,562€275,598▲
Profit (loss) brought forward from the previous period14P€251,199€260,562▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€341-----
Remuneration, social security and pensions62€103--€16,172€25,888▲ 60.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,203€39,399€27,073€54,361€40,307▼ 25.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,299-€3,755--
Other operating charges640/8€6,184€8,012€10,463€9,126€9,306▲ 2.0%
Gross operating margin9900€80,531€84,014€73,423€100,425€104,482▲ 4.0%
Operating profit (loss)9901€51,042€34,304€35,886€17,011€28,981▲ 70.4%
Financial income75/76B---€427€216▼ 49.3%
Recurring financial income75---€427€216▼ 49.3%
Financial charges65/66B€4,866€4,686€3,536€6,582€7,658▲ 16.3%
Recurring financial charges65€4,866€4,686€3,536€6,582€7,658▲ 16.3%
Profit (loss) for the period before taxes9903€46,175€29,618€32,350€10,856€21,540▲ 98.4%
Transfer from deferred taxes780€756€756€756€756€756=
Income taxes67/77€13,552€9,969€11,007€4,518€9,530▲ 111%
Profit (loss) for the period9904€33,380€20,406€22,099€7,094€12,767▲ 80.0%
Transfer from tax-exempt reserves789€2,269€2,269€2,269€2,269€2,269=
Profit (loss) for the period to be appropriated9905€35,649€22,676€24,369€9,363€15,036▲ 60.6%
Line20212022202320242025Change
Assets
Total assets20/58€630,624€701,231€705,285€879,240€846,003▼ 3.8%
Fixed assets21/28€587,914€701,231€705,285€878,624€846,003▼ 3.7%
Tangible fixed assets22/27€586,678€699,994€703,798€877,137€844,517▼ 3.7%
Land and buildings22€586,678€699,994€703,798€843,455€817,926▼ 3.0%
Furniture and vehicles24---€33,682€26,591▼ 21.1%
Financial fixed assets28€1,236€1,236€1,486€1,486€1,486=
Current assets29/58€42,710--€616--
Cash at bank and in hand54/58€42,710-----
Deferred charges and accrued income490/1---€616--
Equity and liabilities
Total equity and liabilities10/49€630,624€701,231€705,285€879,240€846,003▼ 3.8%
Equity10/15€268,593€288,999€311,098€318,192€330,959▲ 4.0%
Contributions10/11€7,313€7,313€7,313€7,313€7,313=
Revaluation surpluses12€25,852€25,852€25,852€25,852€25,852=
Reserves13€31,273€29,004€26,734€24,465€22,196▼ 9.3%
Non-distributable reserves130/1€1,859€1,859----
Reserves not available under the articles1311€1,859€1,859----
Tax-exempt reserves132€29,414€27,145€24,875€22,606€20,336▼ 10.0%
Distributable reserves133--€1,859€1,859€1,859=
Profit (loss) carried forward14€204,155€226,830€251,199€260,562€275,598▲ 5.8%
Provisions and deferred taxes16€7,471€6,715€5,958€5,202€4,445▼ 14.5%
Deferred taxes168€7,471€6,715€5,958€5,202€4,445▼ 14.5%
Amounts payable17/49€354,560€405,517€388,228€555,846€510,599▼ 8.1%
Amounts payable after more than one year17€65,355€87,277€46,358€174,710€126,199▼ 27.8%
Financial debts170/4€65,355€87,277€46,358€174,710€126,199▼ 27.8%
Amounts payable within one year42/48€289,205€318,239€341,870€381,136€384,400▲ 0.9%
Current portion of amounts payable after more than one year42€58,889€63,770€40,919€47,049€48,511▲ 3.1%
Financial debts43-€918€2,314€413€6,193▲ 1,398%
Credit institutions430/8-€918€2,314€413€6,193▲ 1,398%
Trade debts44€10,332€16,452€12,352€4,229€9,189▲ 117%
Suppliers440/4€10,332€16,452€12,352€4,229€9,189▲ 117%
Taxes, remuneration and social security45€25,691€23,521€21,148€18,460€20,436▲ 10.7%
Taxes450/3€25,691€23,521€21,148€16,643€17,176▲ 3.2%
Remuneration and social security454/9---€1,817€3,260▲ 79.4%
Other amounts payable47/48€194,293€213,579€265,136€310,984€300,070▼ 3.5%
Line20212022202320242025Change
Profit (loss) for the period9904€33,380€20,406€22,099€7,094€12,767▲ 80.0%
+ Depreciation and write-downs630€23,203€39,399€27,073€54,361€40,307▼ 25.9%
Operating cash flow (approximation)€56,583€59,806€49,173€61,455€53,074▼ 13.6%
Investment in fixed assets (approximation)--€152,716-€31,127-€227,700-€7,686▲ 96.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
01-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €33,380 ▲17%
Operating result €51,042, net result €33,380, both a record.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
26-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial Equity above €200,000Eq €203,459 ▲7.6%
2 profitable years in a row build equity to €203,459.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Estaimpuis · 1 establishment unit since 1990
seat establishment approximate The establishment unit on the map
Ground area
711 m²
Building footprint
75 m²
Volume, LiDAR
258 m³
Parcel 57028B0236/00C000, Wallonia · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TRANSFORM HABITAT
Rue du Greffier(EV) 25, 7730 EstaimpuisNACE 4511201
since 19902.047.793.724
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57028B0236/00C000 Wallonia 711 m² 1 · 75 m² 5.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 9,144 companies in sector 68201 we hold annual accounts for 6,775. 5,011 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.