Equity
€411,941 ▼ 0.9%
Transition has made a profit without a break since 2020.
Transition
Lifetime
18 annual accounts with figures on one time axispeak €727,755 (2025)
€727,755▲ 13.2%
lowest -€3,554 (2009)
€12,551▲ 154%
peak €521,306 (2015)
€411,941▼ 0.9%
€282,439▼ 6.5%
peak 9.1 FTE (2017)
-not published
Board11 names since 2016
5 directors and 4 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Turnover from €168,314 to €225,657Gross margin from €642,866 to €727,755Result from €4,945 to €12,5513 directors reappointed 02-07
Key points
from the 2025 annual accountsTurnover
€225,657 ▲ 34.1%
Turnover rose in 2025 from €168,314 to €225,657.
Filings
18 annual accounts since 2008
Three of the last ten came late. The 2019 accounts came latest: 32 days after the end of the period.
At the same address
9 companies
Board
4 joined
New directors. Latest change 14-09-2026 · 7 in office.
Position in the sector
€411,941
More equity than 91% of companies in social work without accommodation. Sector median €73,247 · 729 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as Transition has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% 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 14,769 companies, not a prediction for Transition. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
Daily manager
Director, since 05-06-2018
Director
Director, since 20-06-2019
Director, since 20-06-2019
Recent changes
3 directors appointed, 1 reappointment
Reappointment: · Appointments: , and (day-to-day manager) · Gazette deed
3 directors reappointed
(director and chair of the board), (managing director and treasurer) and (director and secretary) · General meeting of 23-06-2025 · Gazette deed
Resignation: (direction/déléguée à la gestion journalière)
Board meeting of 17-06-2024 · Gazette deed
1 director resigning, 4 reappointments
Resignation: · Reappointments: (director and chair), , and · General meeting of 27-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Transition Forest | €225,657 | -1.3% | 57.7% | - |
| AMO ZIGZAG Comblain-au-Pont | - | - | 38.0% | - |
| Golfbreker Veurne | - | - | 90.5% | - |
| Service Droit des Jeunes - Namur Namur | - | - | 15.3% | - |
| LA MAISON DES PILIFS Brussels | €131,571 | 8.0% | 47.7% | 8.8 |
| ITINERAIRES Sint-Gillis (bij-Brussel) | - | - | 54.2% | 10.9 |
| GEMEENSCHAPSCENTRUM NEKKERSDAL Brussels | €6,040 | - | 68.4% | 10.9 |
Grey: the largest companies of the sector (social work without accommodation (NACE 88)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Transition: other social work without accommodation (NACE 88999). They are comparable in size and age: total assets between €570,000 and €852,000, founded between 1987 and 1992.
Official details
Source: KBO- Status
- Active since 29-11-1989Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Other social work without accommodationNACE 88999
- Establishment unit
- 2.190.494.5801190 Forest, since 27-05-2010
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €713,440▼ 3.2%
- ≈ 10 FTEestimated
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on Transition
Transition files the micro format. That format states no turnover. The gross margin rose from €260,202 in 2008 to €727,755 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets.
In October 2026, the Official Gazette published the appointment of as managing director.
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 Transition
- What is the company number of Transition?
- The company number of Transition is 0442.220.723. The VAT number is the same number with BE in front: BE 0442.220.723.
- Where is Transition based?
- The registered office is at Alsembergse Steenweg 303, 1190 Forest.Company details
- What does Transition do?
- According to the KBO register, the main activity is other social work without accommodation (NACE 88999).
- What is the legal form of Transition?
- Transition is a non-profit association (VZW).
- When was Transition founded?
- Transition was founded on 29-11-1989.
- Is Transition still active?
- Yes, Transition is an active enterprise in the KBO register.
- How many employees does Transition have?
- Transition had an average of 9 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of Transition?
- The turnover of Transition was €225,657 in financial year 2025, according to the filed annual accounts.
- Is Transition profitable?
- In financial year 2025, Transition made a profit of €12,551.
- Where can I find the annual accounts of Transition?
- Transition filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Transition due?
- Transition must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.