TRANSIT-TRANSAT
ActiveSummary
The computed 12-month bankruptcy probability of TRANSIT-TRANSAT is 6.3% (elevated). For TRANSIT-TRANSAT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€48,181) and a net result of -€26,255. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-49
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
-327.6%
Return on assets
-178.5%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-08-2026, 737 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
not filed
2023
737 d late
2022
511 d late
2021
876 d late
2020
186 d late
2019
94 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 481 days after 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)
History
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Financials · fiscal year 2023, micro schema
Turnover
€8,650
EBIT margin
15.1%
Net result
-€26,255
2022 · €3,406
Working capital
-€34,826▼ 58.8%
2022 · -€21,926
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
Line20192020202120222023
Turnover€8,650
Operating result€10,509▲ 281%€1,302▼ 87.6%-€42,034€3,421€24,597▲ 619%
Net result€8,531▲ 505%€531▼ 93.8%-€42,198€3,406-€26,255
EBIT margin15.1%
Equity€16,335▲ 109%€16,866▲ 3.3%-€25,332-€21,926▲ 13.4%-€48,181▼ 120%
Total assets€148,784▲ 224%€102,620▼ 31.0%€78,641▼ 23.4%€76,851▼ 2.3%€14,709▼ 80.9%
Debt€132,449▲ 248%€85,754▼ 35.3%€103,973▲ 21.2%€98,777▼ 5.0%€49,534▼ 49.9%
Working capital€16,335▲ 109%€18,366▲ 12.4%-€25,332-€21,926▲ 13.4%-€34,826▼ 58.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 619% above 2022 and is the highest result in the available series.
Key figures and ratios
Solvency
-327.6%▼
2022 · -28.5%
Current ratio
0.30▼
2022 · 0.78
Debt to equity
-1.03▲
2022 · -4.51
ROA
-178.5%▼
2022 · 4.4%
Debt ≤ 1 year
€49,534▼
2022 · €98,777
Income taxes
€34,307
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €8,650 | - | - | - | - |
| Gross operating margin9900 | €10,509 | €1,662 | -€42,034 | €3,421 | €24,597 | ▲ 619% |
| Operating profit (loss)9901 | €10,509 | €1,302 | -€42,034 | €3,421 | €24,597 | ▲ 619% |
| Financial charges65/66B | - | - | €164 | €15 | €16,544 | ▲ 110,195% |
| Recurring financial charges65 | €173 | €282 | €164 | €15 | €16,544 | ▲ 110,195% |
| Profit (loss) for the period before taxes9903 | €10,336 | €1,021 | -€42,198 | €3,406 | €8,052 | ▲ 136% |
| Income taxes67/77 | €1,805 | €489 | - | - | €34,307 | - |
| Profit (loss) for the period9904 | €8,531 | €531 | -€42,198 | €3,406 | -€26,255 | ▼ 871% |
| Profit (loss) for the period to be appropriated9905 | €8,531 | €531 | -€42,198 | €3,406 | -€26,255 | ▼ 871% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €148,784 | €102,620 | €78,641 | €76,851 | €14,709 | ▼ 80.9% |
| Current assets29/58 | €148,784 | €102,620 | €78,641 | €76,851 | €14,709 | ▼ 80.9% |
| Stocks and contracts in progress3 | €57,000 | €57,000 | €57,000 | €57,000 | - | - |
| Stocks30/36 | - | - | €57,000 | €57,000 | - | - |
| Amounts receivable within one year40/41 | €91,485 | €27,095 | €19,826 | €19,851 | €11,934 | ▼ 39.9% |
| Trade receivables40 | - | - | €10,866 | €10,866 | €10,867 | = |
| Other amounts receivable41 | - | - | €8,960 | €8,985 | €1,068 | ▼ 88.1% |
| Cash at bank and in hand54/58 | €299 | €18,525 | €1,815 | - | €2,775 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €148,784 | €102,620 | €78,641 | €76,851 | €14,709 | ▼ 80.9% |
| Equity10/15 | €16,335 | €16,866 | -€25,332 | -€21,926 | -€48,181 | ▼ 120% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €2,075 | €2,606 | -€39,592 | -€36,186 | -€62,441 | ▼ 72.6% |
| Provisions and deferred taxes16 | - | - | - | - | €13,356 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €13,356 | - |
| Environmental obligations163 | - | - | - | - | €13,356 | - |
| Amounts payable17/49 | €132,449 | €85,754 | €103,973 | €98,777 | €49,534 | ▼ 49.9% |
| Amounts payable within one year42/48 | €132,449 | €84,254 | €103,973 | €98,777 | €49,534 | ▼ 49.9% |
| Financial debts43 | - | - | - | €597 | - | - |
| Credit institutions430/8 | - | - | - | €597 | - | - |
| Trade debts44 | €79,831 | €74,596 | €92,585 | €88,792 | €11,605 | ▼ 86.9% |
| Suppliers440/4 | - | - | €92,585 | €88,792 | €11,605 | ▼ 86.9% |
| Taxes, remuneration and social security45 | - | - | €3,966 | €3,967 | €32,204 | ▲ 712% |
| Taxes450/3 | - | - | €3,966 | €3,967 | €32,204 | ▲ 712% |
| Other amounts payable47/48 | - | - | €7,422 | €5,421 | €5,725 | ▲ 5.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,531 | €531 | -€42,198 | €3,406 | -€26,255 | ▼ 871% |
| Operating cash flow (approximation) | €8,531 | €531 | -€42,198 | €3,406 | -€26,255 | ▼ 871% |
| Change in cash | - | €18,226 | -€16,710 | - | - | - |
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
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 737 days late
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 511 days late
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 876 days late
2022
31-12
Financial
Back to profitnet €3,406
Net result €3,406 after one loss-making year.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 186 days late
2021
31-12
Financial
Weakest financial yearnet -€42,198
Net result drops to -€42,198, the lowest in the series; recovery starts the following year.
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
31-12
Financial
Highest result since 2018net €8,531 ▲505%
Net result €8,531, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2011
Ground area
176 m²
Building footprint
84 m²
Volume, LiDAR
1,133 m³
Parcel 21004A1350/00B000, Brussels · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Transit Transat
since 20112.229.732.169
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1350/00B000 | Brussels | 176 m² | 1 · 84 m² | 16.1 m · 5 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 2024 · 5 entries · 9,500 EUR in total| Year | Entries | paid |
|---|---|---|
| 2024 | 1 | 2,000 EUR |
| 2023 | 2 | 3,500 EUR |
| 2021 | 2 | 4,000 EUR |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded31-05-2011
Fiscal year end31-12
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.