Transit
ActiveSummary
Transit has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €155,777 and a net result of -€177. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 43% of 701 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+1
Solvency59▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.77 against 1.47 in 2023; short-term debt: 43.5% and cash: 50.9% of total assets), but 66.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% 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 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 2024Solvency, return and age of the figures
Solvency
33.7%
Return on assets
0%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-12-2025, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
123 d late
2023
35 d early
2022
11 d early
2021
24 d early
2020
12 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#8 oldest company in La Louvière, Health and social work sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€177▲ 91.3%
2023 · -€2,043
Working capital
€154,844▲ 65.6%
2023 · €93,500
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€861€3,710€31,900▲ 760%-€606€1,005
Net result-€3,374below the sector's middle half€1,539within the sector's middle half€29,989above the sector's middle half▲ 1,849%-€2,043within the sector's middle half-€177below the sector's middle half▲ 91.3%
Equity€136,425above the sector's middle half▼ 4.3%€137,895within the sector's middle half▲ 1.1%€164,185above the sector's middle half▲ 19.1%€158,443within the sector's middle half▼ 3.5%€155,777within the sector's middle half▼ 1.7%
Total assets€331,391within the sector's middle half▼ 4.8%€341,181within the sector's middle half▲ 3.0%€393,753within the sector's middle half▲ 15.4%€405,476within the sector's middle half▲ 3.0%€462,301above the sector's middle half▲ 14.0%
Debt€194,966▼ 5.1%€203,286▲ 4.3%€229,568▲ 12.9%€247,033▲ 7.6%€306,524▲ 24.1%
Working capital€29,309within the sector's middle half▼ 67.8%€72,402within the sector's middle half▲ 147%€161,990above the sector's middle half▲ 124%€93,500within the sector's middle half▼ 42.3%€154,844above the sector's middle half▲ 65.6%
Solvency41.2%within the sector's middle half▲ 0.2pp40.4%within the sector's middle half▼ 0.8pp41.7%within the sector's middle half▲ 1.3pp39.1%within the sector's middle half▼ 2.6pp33.7%within the sector's middle half▼ 5.4pp
Current ratio1.19within the sector's middle half▼ 0.661.56within the sector's middle half▲ 0.372.45within the sector's middle half▲ 0.891.47within the sector's middle half▼ 0.981.77within the sector's middle half▲ 0.30
Return on assets (ROA)-1.0%below the sector's middle half▼ 2.7pp0.5%within the sector's middle half▲ 1.5pp7.6%within the sector's middle half▲ 7.2pp-0.5%within the sector's middle half▼ 8.1pp0.0%below the sector's middle half▲ 0.5pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1,005 after a loss of €606 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €462,301
Fixed assets
€106,341 ▼ 5.1%
Current assets
€355,960 ▲ 21.3%
Equity and liabilities €462,301
Equity
€155,777 ▼ 1.7%
Debt
€306,524 ▲ 24.1%
Debt's share of the balance-sheet total rises from 60.9% to 66.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17,216▲
2023 · €15,682
Cash flow
€16,034▲
2023 · €14,245
Debt to equity
1.97▲
2023 · 1.56
ROE
-0.1%▲
2023 · -1.3%
Interest coverage
14.54▲
2023 · 10.16
Debt ≤ 1 year
€201,116▲
2023 · €199,944
Debt > 1 year
€9,896▼
2023 · €16,147
Staff costs
€676,203▼
2023 · €692,935
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 8,616 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €35,717 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €462,540 | €554,517 | €692,935 | €676,203 | ▼ 2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,085 | €18,255 | €17,871 | €16,288 | €16,211 | ▼ 0.5% |
| Other operating charges640/8 | - | €264 | €264 | €715 | €294 | ▼ 58.9% |
| Non-recurring operating charges66A | - | - | - | €40 | - | - |
| Gross operating margin9900 | €515,933 | €484,769 | €604,552 | €709,372 | €693,713 | ▼ 2.2% |
| Operating profit (loss)9901 | -€861 | €3,710 | €31,900 | -€606 | €1,005 | ▲ 266% |
| Financial income75/76B | - | - | - | €107 | €2 | ▼ 98.1% |
| Recurring financial income75 | - | - | - | €107 | €2 | ▼ 98.1% |
| Financial charges65/66B | - | €2,171 | €1,854 | €1,544 | €1,184 | ▼ 23.3% |
| Recurring financial charges65 | €2,513 | €2,171 | €1,854 | €1,544 | €1,184 | ▼ 23.3% |
| Profit (loss) for the period before taxes9903 | -€3,374 | €1,539 | €30,046 | -€2,043 | -€177 | ▲ 91.3% |
| Income taxes67/77 | - | - | €57 | - | - | - |
| Profit (loss) for the period9904 | -€3,374 | €1,539 | €29,989 | -€2,043 | -€177 | ▲ 91.3% |
| Profit (loss) for the period to be appropriated9905 | -€3,374 | €1,539 | €29,989 | -€2,043 | -€177 | ▲ 91.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €331,391 | €341,181 | €393,753 | €405,476 | €462,301 | ▲ 14.0% |
| Fixed assets21/28 | €148,627 | €138,765 | €119,894 | €112,032 | €106,341 | ▼ 5.1% |
| Intangible fixed assets21 | €4,850 | €4,845 | €1,210 | - | - | - |
| Tangible fixed assets22/27 | €143,777 | €132,920 | €118,684 | €112,032 | €106,341 | ▼ 5.1% |
| Land and buildings22 | - | €84,572 | €78,934 | €73,296 | €67,658 | ▼ 7.7% |
| Plant, machinery and equipment23 | - | €47,504 | €39,328 | €38,736 | €33,287 | ▼ 14.1% |
| Furniture and vehicles24 | - | €844 | €422 | - | €5,396 | - |
| Financial fixed assets28 | - | €1,000 | - | - | - | - |
| Current assets29/58 | €182,764 | €202,416 | €273,859 | €293,444 | €355,960 | ▲ 21.3% |
| Amounts receivable within one year40/41 | €54,269 | €66,797 | €78,341 | €89,204 | €97,866 | ▲ 9.7% |
| Trade receivables40 | - | - | - | €337 | - | - |
| Other amounts receivable41 | - | €66,797 | €78,341 | €88,867 | €97,866 | ▲ 10.1% |
| Current investments50/53 | - | - | - | €15,000 | €15,000 | = |
| Cash at bank and in hand54/58 | €123,271 | €129,928 | €188,800 | €182,852 | €235,213 | ▲ 28.6% |
| Deferred charges and accrued income490/1 | - | €5,691 | €6,718 | €6,388 | €7,881 | ▲ 23.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €331,391 | €341,181 | €393,753 | €405,476 | €462,301 | ▲ 14.0% |
| Equity10/15 | €136,425 | €137,895 | €164,185 | €158,443 | €155,777 | ▼ 1.7% |
| Contributions10/11 | - | - | €1,621 | €1,621 | €1,621 | = |
| Capital10 | - | - | €1,621 | €1,621 | €1,621 | = |
| Profit (loss) carried forward14 | €106,004 | €107,543 | €137,532 | €135,489 | €135,312 | ▼ 0.1% |
| Investment grants15 | - | €28,731 | €25,032 | €21,333 | €18,844 | ▼ 11.7% |
| Amounts payable17/49 | €194,966 | €203,286 | €229,568 | €247,033 | €306,524 | ▲ 24.1% |
| Amounts payable after more than one year17 | €34,896 | €28,646 | €22,396 | €16,147 | €9,896 | ▼ 38.7% |
| Financial debts170/4 | - | €28,646 | €22,396 | €16,147 | €9,896 | ▼ 38.7% |
| Amounts payable within one year42/48 | €153,455 | €130,014 | €111,869 | €199,944 | €201,116 | ▲ 0.6% |
| Current portion of amounts payable after more than one year42 | - | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Trade debts44 | €3,921 | €3,608 | €3,240 | €3,078 | €4,652 | ▲ 51.1% |
| Suppliers440/4 | - | €3,608 | €3,240 | €3,078 | €4,652 | ▲ 51.1% |
| Taxes, remuneration and social security45 | - | €66,959 | €100,259 | €108,919 | €109,099 | ▲ 0.2% |
| Taxes450/3 | - | €10,636 | €14,379 | €17,046 | €15,929 | ▼ 6.6% |
| Remuneration and social security454/9 | - | €56,323 | €85,880 | €91,873 | €93,170 | ▲ 1.4% |
| Accrued charges and deferred income492/3 | - | €44,626 | €95,303 | €30,942 | €95,512 | ▲ 209% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,374 | €1,539 | €29,989 | -€2,043 | -€177 | ▲ 91.3% |
| + Depreciation and write-downs630 | €17,085 | €18,255 | €17,871 | €16,288 | €16,211 | ▼ 0.5% |
| Operating cash flow (approximation) | €13,711 | €19,794 | €47,860 | €14,245 | €16,034 | ▲ 12.6% |
| Investment in fixed assets (approximation) | - | -€8,393 | €1,000 | -€8,426 | -€10,520 | ▼ 24.9% |
| Change in cash | - | €6,657 | €58,872 | -€5,948 | €52,361 | ▲ 980% |
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
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 123 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €29,989 ▲1,849%
Operating result €31,900, net result €29,989, both a record.
31-12
Financial
Equity above €150,000Eq €164,185 ▲19.1%
2 profitable years in a row build equity to €164,185.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,539
Net result €1,539 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€3,374
Net result drops to -€3,374, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, La Louvière · 1 establishment unit since 1986
Ground area
192 m²
Building footprint
101 m²
Volume, LiDAR
1,038 m³
Parcel 56033A0632/00N005, Wallonia · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Transit
since 19862.165.185.696
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56033A0632/00N005 | Wallonia | 192 m² | 1 · 101 m² | 12.3 m · 3 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.
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 44 entries · 2,109,992 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 22 | 604,128 EUR |
| 2024 | 10 | 579,974 EUR |
| 2023 | 8 | 507,970 EUR |
| 2022 | 2 | 404,965 EUR |
| 2021 | 2 | 12,956 EUR |
Budget allocations
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Of 2,201 companies in sector 88999 we hold annual accounts for 806. 605 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded20-12-1986
Fiscal year end31-12
Activities, NACEBEL 2025
88999Other social work without accommodation
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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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.