TRANSFORMA-VITE
ActiveSummary
TRANSFORMA-VITE has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,987 and a net result of -€2,803. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 92% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-62
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 7.93 against 5.85 in 2024; short-term debt: 11.5% and cash: 42.5% of total assets), and 12.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.9%
Return on assets
-8.8%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
on the day
2023
40 d late
2022
10 d late
2021
26 d late
2020
33 d early
2019
7 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#4 oldest company in Ganshoren, Construction sector
Equity
€27,987▼ 9.1%
2024 · €30,791
Total assets
€31,847▼ 11.6%
2024 · €36,037
Net result
-€2,803
2024 · €293
Working capital
€25,369▼ 0.2%
2024 · €25,432
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,070▲ 79.2%€9,745▲ 217%-€13,997€266-€2,557
Net result€2,720▲ 74.8%€8,643▲ 218%-€14,220€293-€2,803
Equity€36,074▲ 8.2%€44,717▲ 24.0%€30,498▼ 31.8%€30,791▲ 1.0%€27,987▼ 9.1%
Total assets€39,472▲ 10.0%€50,916▲ 29.0%€36,123▼ 29.1%€36,037▼ 0.2%€31,847▼ 11.6%
Debt€3,397▲ 33.8%€6,199▲ 82.5%€5,625▼ 9.3%€5,246▼ 6.7%€3,860▼ 26.4%
Working capital€36,074▲ 9.3%€34,279▼ 5.0%€22,599▼ 34.1%€25,432▲ 12.5%€25,369▼ 0.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,557 after €266 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31,847
Fixed assets
€2,818 ▼ 47.4%
Current assets
€29,029 ▼ 5.4%
Equity and liabilities €31,847
Equity
€27,987 ▼ 9.1%
Debt
€3,860 ▼ 26.4%
Debt's share of the balance-sheet total falls from 14.6% to 12.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€17▼
2024 · €2,806
Cash flow
-€263▼
2024 · €2,833
Current ratio
7.93▲
2024 · 5.85
Debt to equity
0.14▼
2024 · 0.17
ROE
-10.0%▼
2024 · 1.0%
ROA
-8.8%▼
2024 · 0.8%
Interest coverage
-0.07▼
2024 · 10.00
Debt ≤ 1 year
€3,660▼
2024 · €5,246
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €350 | €2,262 | €2,540 | €2,540 | €2,540 | = |
| Other operating charges640/8 | €441 | €58 | €629 | €2,205 | €710 | ▼ 67.8% |
| Gross operating margin9900 | €3,861 | €12,065 | -€10,828 | €5,011 | €693 | ▼ 86.2% |
| Operating profit (loss)9901 | €3,070 | €9,745 | -€13,997 | €266 | -€2,557 | ▼ 1,060% |
| Financial income75/76B | €103 | €0 | €0 | €307 | €0 | ▼ 100% |
| Recurring financial income75 | €103 | €0 | €0 | €307 | €0 | ▼ 100% |
| Financial charges65/66B | €454 | €339 | €223 | €281 | €247 | ▼ 12.0% |
| Recurring financial charges65 | €454 | €339 | €223 | €281 | €247 | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | €2,720 | €9,406 | -€14,220 | €293 | -€2,803 | ▼ 1,056% |
| Income taxes67/77 | - | €763 | €0 | - | - | - |
| Profit (loss) for the period9904 | €2,720 | €8,643 | -€14,220 | €293 | -€2,803 | ▼ 1,056% |
| Profit (loss) for the period to be appropriated9905 | €2,720 | €8,643 | -€14,220 | €293 | -€2,803 | ▼ 1,056% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,472 | €50,916 | €36,123 | €36,037 | €31,847 | ▼ 11.6% |
| Fixed assets21/28 | - | €10,438 | €7,898 | €5,358 | €2,818 | ▼ 47.4% |
| Tangible fixed assets22/27 | - | €10,438 | €7,898 | €5,358 | €2,818 | ▼ 47.4% |
| Furniture and vehicles24 | - | €10,438 | €7,898 | €5,358 | €2,818 | ▼ 47.4% |
| Current assets29/58 | €39,472 | €40,477 | €28,224 | €30,678 | €29,029 | ▼ 5.4% |
| Amounts receivable within one year40/41 | €20,900 | €15,984 | €26,277 | €27,287 | €15,486 | ▼ 43.2% |
| Trade receivables40 | €17,066 | €15,984 | €14,720 | €18,598 | €5,284 | ▼ 71.6% |
| Other amounts receivable41 | €3,834 | €0 | €11,557 | €8,688 | €10,201 | ▲ 17.4% |
| Cash at bank and in hand54/58 | €18,311 | €23,525 | €60 | €2,321 | €13,543 | ▲ 483% |
| Deferred charges and accrued income490/1 | €260 | €969 | €1,887 | €1,070 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,472 | €50,916 | €36,123 | €36,037 | €31,847 | ▼ 11.6% |
| Equity10/15 | €36,074 | €44,717 | €30,498 | €30,791 | €27,987 | ▼ 9.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €3,158 | €3,158 | €3,158 | €3,158 | €3,158 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €0 | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €0 | - | - |
| Distributable reserves133 | €1,298 | €1,298 | €1,298 | €3,158 | €3,158 | = |
| Profit (loss) carried forward14 | €14,325 | €22,967 | €8,748 | €9,041 | €6,238 | ▼ 31.0% |
| Amounts payable17/49 | €3,397 | €6,199 | €5,625 | €5,246 | €3,860 | ▼ 26.4% |
| Amounts payable within one year42/48 | €3,397 | €6,199 | €5,625 | €5,246 | €3,660 | ▼ 30.2% |
| Trade debts44 | €1,231 | €101 | €770 | €996 | €1,397 | ▲ 40.3% |
| Suppliers440/4 | €1,231 | €101 | €770 | €996 | €1,397 | ▲ 40.3% |
| Advances received on contracts in progress46 | - | - | €4,250 | €4,250 | €2,193 | ▼ 48.4% |
| Taxes, remuneration and social security45 | €2,167 | €776 | €605 | €0 | €70 | - |
| Taxes450/3 | €2,167 | €776 | €605 | €0 | €70 | - |
| Other amounts payable47/48 | - | €5,321 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €200 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,720 | €8,643 | -€14,220 | €293 | -€2,803 | ▼ 1,056% |
| + Depreciation and write-downs630 | €350 | €2,262 | €2,540 | €2,540 | €2,540 | = |
| Operating cash flow (approximation) | €3,070 | €10,905 | -€11,680 | €2,833 | -€263 | ▼ 109% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €5,213 | -€23,464 | €2,261 | €11,222 | ▲ 396% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €293
Net result €293 after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
31-12
Financial
Weakest financial yearnet -€14,220
Net result drops to -€14,220, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Highest result since 2018net €8,643 ▲218%
Operating result €9,745, net result €8,643, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ganshoren · 1 establishment unit since 1984
Ground area
3,993 m²
Building footprint
311 m²
Volume, LiDAR
11,572 m³
Parcel 21008A0223/00T002, Brussels · tallest building 40.7 m, ±12 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
de Rivierendreef 87, 1083 Ganshoren
since 19842.024.213.816
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0223/00T002 | Brussels | 3,993 m² | 1 · 311 m² | 40.6 m · 12 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
SIJBEN KEUKENS
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RLC PRO
BE 0768.355.905
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M CONSTRUCT
BE 0633.915.784
Wezembeek-Oppem · Eq €28,089
KONATE
BE 1002.779.664
Charleroi · Eq €27,877
CLABO
BE 0838.662.196
Wommelgem · Eq €27,830
Of 7,299 companies in sector 43350 we hold annual accounts for 2,360. 1,887 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
Founded18-01-1984
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
Scores and ratios are computed by Checked and are not a credit decision.