TRANSIT_LAB
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€9,201
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2025, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d early
2023
27 d early
2022
49 d early
2021
62 d early
2020
46 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 47 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€14,458▼ 34.0%
2023 · €21,909
Total assets
€14,717▼ 32.8%
2023 · €21,909
Net result
-€9,201▲ 63.3%
2023 · -€25,098
Working capital
€14,456▼ 34.0%
2023 · €21,907
Trend over the years
In euros
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€16,253-€14,980▲ 7.8%-€4,922▲ 67.1%-€24,988▼ 408%-€9,097▲ 63.6%
Net result-€16,349-€15,075▲ 7.8%-€5,007▲ 66.8%-€25,098▼ 401%-€9,201▲ 63.3%
Equity€63,872▼ 20.3%€49,513▼ 22.5%€46,006▼ 7.1%€21,909▼ 52.4%€14,458▼ 34.0%
Total assets€64,359▼ 36.9%€50,449▼ 21.6%€46,233▼ 8.4%€21,909▼ 52.6%€14,717▼ 32.8%
Debt€486▼ 97.8%€936▲ 92.5%€227▼ 75.8%€0▼ 100%€259
Working capital€63,939▼ 20.1%€50,157▼ 21.6%€45,877▼ 8.5%€21,907▼ 52.2%€14,456▼ 34.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,097 in 2024 against €24,988 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14,717
Fixed assets
€2 =
Current assets
€14,715 ▼ 32.8%
Equity and liabilities €14,717
Equity
€14,458
Debt
€259
Debt finances 1.8% of the balance-sheet total.
Key figures and ratios
EBITDA
-€9,097▲
2023 · -€24,861
Cash flow
-€9,201▲
2023 · -€24,971
Current ratio
56.87
Debt to equity
0.02▲
2023 · 0.00
ROE
-63.6%▲
2023 · -114.6%
ROA
-62.5%▲
2023 · -114.6%
Interest coverage
-87.69▲
2023 · -226.07
Debt ≤ 1 year
€259▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €127 | €127 | €127 | €127 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €667 | €467 | €531 | €534 | ▲ 0.6% |
| Gross operating margin9900 | -€15,662 | -€14,186 | -€4,328 | -€24,330 | -€8,563 | ▲ 64.8% |
| Operating profit (loss)9901 | -€16,253 | -€14,980 | -€4,922 | -€24,988 | -€9,097 | ▲ 63.6% |
| Financial income75/76B | - | - | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | - | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €95 | €85 | €110 | €104 | ▼ 5.7% |
| Recurring financial charges65 | €97 | €95 | €85 | €110 | €104 | ▼ 5.7% |
| Profit (loss) for the period before taxes9903 | -€16,349 | -€15,075 | -€5,007 | -€25,098 | -€9,201 | ▲ 63.3% |
| Profit (loss) for the period9904 | -€16,349 | -€15,075 | -€5,007 | -€25,098 | -€9,201 | ▲ 63.3% |
| Profit (loss) for the period to be appropriated9905 | -€16,349 | -€15,075 | -€5,007 | -€25,098 | -€9,201 | ▲ 63.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,359 | €50,449 | €46,233 | €21,909 | €14,717 | ▼ 32.8% |
| Fixed assets21/28 | €383 | €256 | €129 | €2 | €2 | = |
| Tangible fixed assets22/27 | €381 | €254 | €127 | €0 | - | - |
| Furniture and vehicles24 | - | €254 | €127 | €0 | - | - |
| Financial fixed assets28 | €2 | €2 | €2 | €2 | €2 | = |
| Current assets29/58 | €63,976 | €50,194 | €46,104 | €21,907 | €14,715 | ▼ 32.8% |
| Amounts receivable within one year40/41 | €10,530 | €11,371 | €12,343 | €16,325 | €10,606 | ▼ 35.0% |
| Trade receivables40 | - | €15 | - | - | - | - |
| Other amounts receivable41 | - | €11,356 | €12,343 | €16,325 | €10,606 | ▼ 35.0% |
| Cash at bank and in hand54/58 | €53,446 | €38,755 | €33,527 | €5,448 | €4,093 | ▼ 24.9% |
| Deferred charges and accrued income490/1 | - | €68 | €234 | €134 | €16 | ▼ 88.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,359 | €50,449 | €46,233 | €21,909 | €14,717 | ▼ 32.8% |
| Equity10/15 | €63,872 | €49,513 | €46,006 | €21,909 | €14,458 | ▼ 34.0% |
| Contributions10/11 | - | €113,050 | €114,550 | €115,550 | €117,300 | ▲ 1.5% |
| Profit (loss) carried forward14 | -€48,678 | -€63,537 | -€68,544 | -€93,641 | -€102,842 | ▼ 9.8% |
| Amounts payable17/49 | €486 | €936 | €227 | €0 | €259 | - |
| Amounts payable within one year42/48 | €36 | €36 | €227 | €0 | €259 | - |
| Financial debts43 | - | - | €202 | €0 | - | - |
| Credit institutions430/8 | - | - | €202 | €0 | - | - |
| Trade debts44 | €36 | €36 | €25 | €0 | €259 | - |
| Suppliers440/4 | - | €36 | €25 | €0 | €259 | - |
| Accrued charges and deferred income492/3 | - | €900 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,349 | -€15,075 | -€5,007 | -€25,098 | -€9,201 | ▲ 63.3% |
| + Depreciation and write-downs630 | €127 | €127 | €127 | €127 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€16,222 | -€14,949 | -€4,880 | -€24,971 | -€9,201 | ▲ 63.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€14,691 | -€5,228 | -€28,080 | -€1,354 | ▲ 95.2% |
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
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€25,098
Net result drops to -€25,098, the lowest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 371current ratio 1758.06
Current ratio from 4.74 to 1758.06; short-term debt falls from €21,396 to €36.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €59,388
Net result €59,388 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
03-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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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Structure & network
Owners and holdings
4 owners · 1 holdingOwners 4
-
33.33%
-
33%
-
16%
-
0.27%
Holdings 1
-
25%
According to the 2024 annual accounts of TRANSIT_LAB and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.