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TRANSITION-S

Active
Private limited companyfounded 20197 yrs activeJoseph Hanse Hof 6, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0728.706.956
Summary

The annual accounts of TRANSITION-S for fiscal year 2025 show a net loss of 68% of total assets. The 2025 annual accounts show equity of €47k and a net result of €-38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 31694 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.14; short-term debt: 16.3% and cash: 83.8% of total assets), and 16.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
83.7%
Return on assets
-67.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year €-38k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
31 d early
2024
47 d early
2023
43 d early
2022
81 d early
2021
83 d early
2020
18 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€47k▼ 44.8%
2024 · €85k
2020: €32k 2021: €18k 2022: €34k 2023: €121k 2024: €85k
2020 → 2025
Total assets
€56k▼ 34.7%
2024 · €86k
2020: €43k 2021: €18k 2022: €34k 2023: €157k 2024: €86k
2020 → 2025
Net result
€-38k▼ 6.7%
2024 · €-36k
2020: €28k 2021: €-14k 2022: €16k 2023: €87k 2024: €-36k
2020 → 2025
Working capital
€47k▼ 44.8%
2024 · €85k
2020: €27k 2021: €17k 2022: €33k 2023: €121k 2024: €85k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€18k-€34k▲ 85.8%€121k▲ 260%€85k▼ 29.6%€47k▼ 44.8%
Operating result€-12k-€16k€120k▲ 640%€-36k€-38k▼ 6.8%
Net result€-14k-€16k€87k▲ 462%€-36k€-38k▼ 6.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €-12k€-12kNet result 2021: €-14k€-14kOperating result 2022: €16k€16kNet result 2022: €16k€16kOperating result 2023: €120k€120kNet result 2023: €87k€87kOperating result 2024: €-36k€-36kNet result 2024: €-36k€-36kOperating result 2025: €-38k€-38kNet result 2025: €-38k€-38k20212022202320242025€-50k€0€50k€100kOperating result 2023: €120k€120kNet result 2023: €87k€87kOperating result 2024: €-36k€-36kNet result 2024: €-36k€-36kOperating result 2025: €-38k€-38kNet result 2025: €-38k€-38k202320242025
The operating result stays negative: a loss of €38k in 2025 against €36k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €56k
Equity €47k ▼ 44.8%
Debt €9k ▲ 1,036%
Debt's share of the balance-sheet total rises from 0.9% to 16.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
6.14
Debt to equity
0.19
2024 · 0.01
ROE
-81.2%
2024 · -42.0%
ROA
-67.9%
2024 · -41.6%
Debt ≤ 1 year
€9k
2024 · €804
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€86k€56k
Current assets29/58€86k€56k
Amounts receivable within one year40/41€11k€8k
Trade receivables40€10k€7k
Other amounts receivable41€752€654
Cash at bank and in hand54/58€75k€47k
Deferred charges and accrued income490/1-€963
Equity and liabilities
Total equity and liabilities10/49€86k€56k
Equity10/15€85k€47k
Contributions10/11€4k€4k=
Profit (loss) carried forward14€82k€43k
Amounts payable17/49€804€9k
Amounts payable within one year42/48€804€9k
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€3€4k
Taxes450/3€3€3k
Remuneration and social security454/9-€1k
Other amounts payable47/48€801€4k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115-
Other operating charges640/8€406€400
Gross operating margin9900€-35k€-38k
Operating profit (loss)9901€-36k€-38k
Financial charges65/66B€91€65
Recurring financial charges65€91€65
Profit (loss) for the period before taxes9903€-36k€-38k
Profit (loss) for the period9904€-36k€-38k
Profit (loss) for the period to be appropriated9905€-36k€-38k
Appropriation of the result
Profit (loss) to be appropriated9906€82k€43k
Profit (loss) brought forward from the previous period14P€117k€82k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
14-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 24current ratio 106.83
Current ratio from 4.37 to 106.83; short-term debt falls from €36k to €804.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2020net €87k ▲462%
Operating result €120k, net result €87k, both a record.
31-12
Financial Equity above €100kEq €121k ▲260%
2 profitable years in a row build equity to €121k.
11-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
09-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity times 14current ratio 48.28
Current ratio from 3.42 to 48.28; short-term debt falls from €11k to €355.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Watermaal-Bosvoorde · 1 establishment unit since 2019
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Joseph Hanse Hof 61170 Watermaal-Bosvoorde
Ground area
321 m²
Building footprint
98 m²
Volume, LiDAR
681 m³
Parcel 21017D0224/00W000, Brussels · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRANSITION-S
Joseph Hanse Hof 6, 1170 Watermaal-BosvoordeAgents specialised in the wholesale of other particular products
since 20192.290.931.746
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21017D0224/00W000 Brussels 321 m² 1 · 98 m² 11.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 37,811 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:lionel.delchambre@outlook.com
Enterprise