Equity
-€271,086
Debts exceed assets in financial year 2025.
Transit
Lifetime
17 annual accounts with figures on one time axis, 20 filings since 2006peak €4.9m (2021)
-not published
lowest -€785,731 (2025)
-€785,731▼ €941,203
peak €521,957 (2024)
-€271,086▼ €793,043
€7.2m▼ 9.8%
peak 117.4 FTE (2025)
117.4 FTE▲ 17.2%
Board61 names since 2009all names
10 directors and 9 others
Documentsfilings and deeds
20-10-202681 days late
2025financial year
Turnover from €19,860 to €836Loss of €785,731Staff from 100.2 FTE to 117.4 FTEEquity from €521,957 to -€271,0861 establishment registeredCash from €5.3m to €1.3m
Key points
from the 2025 annual accountsResult
-€785,731 -€785,731
From profit to loss in 2025, after a profit of €155,471 in 2024.
Debts
€7.2m 93% of the balance sheet
Suppliers 4%Taxes and wages 14%Other 83%
Of this, €1.3m falls due within a year.
Payment terms
61 days to suppliers
Transit pays its suppliers 38 days later than in 2024. Customers pay 2,660 days later.
Filings
20 annual accounts 81 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€785,731
Lower net result than 95% of companies in residential care. Sector median €94,047 · 489 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 108 companies had the same profile as Transit has now. Each dot is one company, two years later.
80.6%
were still trading
11.1%
stopped another way
6.5%
went bankrupt
Another 1.9% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 108 companies, not a prediction for Transit. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Daily manager
Director
Director
Director
Director
Auditor,
Recent changes
2 directors resigning
Resignations: (director and vice-chair) and · Withdrawals: , , , , , and 2 others · Admissions: , , , and · Board meeting of 24-11-2025 · Gazette deed
New establishment in Molenbeek-Saint-Jean
Salle de Consommation à Moindre Risque : SCMR - LINKup, Leopold II laan 63
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451102458
2 directors appointed, 2 resignations
Withdrawals: (member) and (member) · Admissions: (member) and (member) · Resignations: and · Board meeting of 10-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Transit Brussels | €836 | - | -3.5% | 117.4 |
| Revivre a Sugny Vresse-sur-Semois | €1,140 | - | 70.4% | 91 |
| SAMENWERKINGSVERBAND PVT VALCKEBURG Roeselare | €0 | - | 74.6% | 40.3 |
| HEBERGEMENT ET AIDE AUX INSUFFISANTS MENTAUX Andenne | - | - | 51.5% | 128.5 |
| LA DOUCEUR DES COTEAUX MOSANS Namur | - | - | 72.6% | 80 |
| Les Aubépines Incourt | - | - | 81.6% | 78.8 |
| ALISES Morlanwelz | - | - | 39.6% | 80.5 |
These companies have their main activity in the same NACE class as Transit: residential care activities (NACE 8720). With exactly the same main activity (NACE 87204), too few companies are of comparable size. They are comparable in size and age: total assets between €5.3m and €9.4m, founded between 1986 and 2001.
Official details
Source: KBO- Status
- Active since 12-07-1993Normal situation
- Activity
- Residential care activitiesNACE 87204
- Joint committee
- 330Health institutions and services · annual accounts 2025
- Establishment units
- 2.155.506.2841000 Brussels, since 12-07-1993
- 2.367.477.3171000 Brussels, since 01-11-2021and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2025
Annual accounts 2025
- €10.2m▲ 14.3%
- €7.8m▼ 8.9%
- Employeeson 31-12-2025
- 124▲ 12.7%
- Filing
- Filed on 20-10-2026
Insights on Transit
Solvency fell in 2025 from 6.1% to -3.5% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Transit
- What is the company number of Transit?
- The company number of Transit is 0451.102.458. The VAT number is the same number with BE in front: BE 0451.102.458.
- Where is Transit based?
- The registered office is at Stephensonstraat 96, 1000 Brussels.Company details
- What does Transit do?
- According to the KBO register, the main activity is residential care activities (NACE 87204).
- What is the legal form of Transit?
- Transit is a non-profit association (VZW).
- When was Transit founded?
- Transit was founded on 12-07-1993.
- Is Transit still active?
- Yes, Transit is an active enterprise in the KBO register.
- How many employees does Transit have?
- Transit had an average of 117.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Transit fall under?
- In its 2025 annual accounts, Transit states joint committee 330 (Health institutions and services).
- What is the turnover of Transit?
- The turnover of Transit was €836 in financial year 2025, according to the filed annual accounts.
- Is Transit profitable?
- In financial year 2025, Transit made a loss of €785,731.
- Where can I find the annual accounts of Transit?
- Transit filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Transit due?
- Transit must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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