FONDS MUTUEL DU TRANSPORT URBAIN ET REGIONAL WALLON
ActiveFONDS MUTUEL DU TRANSPORT URBAIN ET REGIONAL WALLON has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.20M and a net result of €560k. Equity is shrinking by ~25.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 11.24 against 4.33 in 2024), and 8.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.1%
Return on assets
42.3%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €1.2M
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
34 d early
2023
34 d early
2022
39 d early
2021
33 d early
2020
33 d early
2019
31 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€560k
2024 · €-437k
2021: €-699k
2022: €-459k
2023: €-762k
2024: €-437k
2021 → 2025
Working capital
€1.20M▲ 86.7%
2024 · €645k
2021: €181k
2022: €345k
2023: €1.08M
2024: €645k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.30M-€1.84M▼ 19.9%€1.08M▼ 41.3%€644k▼ 40.4%€1.20M▲ 86.9%
Operating result€-722k-€-475k▲ 34.1%€-774k▼ 62.7%€-452k▲ 41.6%€553k
Net result€-699k-€-459k▲ 34.3%€-762k▼ 65.9%€-437k▲ 42.6%€560k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €553k after a loss of €452k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.32M
Equity
€1.20M▲ 86.9%
Debt
€118k▼ 39.3%
The debt ratio falls from 23.2% to 8.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
91.1%▲
2024 · 76.8%
Current ratio
11.24▲
2024 · 4.33
Quick ratio
11.24▲
2024 · 4.33
Debt / equity
0.10▼
2024 · 0.30
ROE
46.5%▲
2024 · -67.9%
ROA
42.3%▲
2024 · -52.1%
Debt
€118k▼
2024 · €195k
Debt ≤ 1 year
€118k▼
2024 · €194k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€839k€1.32M▲
Fixed assets21/28€0€0=
Financial fixed assets28€0€0=
Current assets29/58€839k€1.32M▲
Amounts receivable after more than one year29-€37k
Other amounts receivable291-€37k
Amounts receivable within one year40/41€267k€326k▲
Other amounts receivable41€267k€326k▲
Cash at bank and in hand54/58€569k€956k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€839k€1.32M▲
Equity10/15€644k€1.20M▲
Contributions10/11€942k€942k=
Capital10€942k€942k=
Profit (loss) carried forward14€-298k€262k▲
Amounts payable17/49€195k€118k▼
Amounts payable within one year42/48€194k€118k▼
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€102k€105k▲
Taxes450/3€59k€63k▲
Remuneration and social security454/9€43k€42k▼
Accrued charges and deferred income492/3€920€537▼
Income statement
Code20242025
Non-recurring operating income76A€6k€50k▲
Goods, raw materials, services and sundry goods60/61€3.80M€3.78M▼
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€-444k€556k▲
Operating profit (loss)9901€-452k€553k▲
Financial income75/76B€15k€7k▼
Recurring financial income75€15k€7k▼
Financial charges65/66B€744€803▲
Recurring financial charges65€744€803▲
Profit (loss) for the period before taxes9903€-437k€560k▲
Profit (loss) for the period9904€-437k€560k▲
Profit (loss) for the period to be appropriated9905€-437k€560k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-298k€262k▲
Profit (loss) brought forward from the previous period14P€139k€-298k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €560k
Net result €560k after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 11.24
Current ratio from 4.33 to 11.24; short-term debt falls from €194k to €118k.
31-12
Financial
Equity above €1MEq €1.20M ▲86.9%
Equity rises from €644k to €1.20M.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-762k
Net result drops to €-762k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 10.85
Current ratio from 3.18 to 10.85; short-term debt falls from €158k to €110k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-06-2025
Vincent VANBOUCQ: Resigned as Director
16-01-2025
Frédéric D'HONDT: Resigned as Director
27-12-2024
Olivier KELLENS: Resigned as Director
25-06-2024
BOUGARD Christian: Resigned as Director
25-06-2024
Bruno BELLUZ: Resigned as Director
25-06-2024
Catherine BES: Resigned as Director
25-06-2024
Dona BALBO: Resigned as Director
05-09-2023
Claudine VIGNERON: Resigned as Director
16-05-2023
DUMONT Anne: Resigned as Director
22-06-2020
Sagrario CARBALLO: Resigned as Director
26-06-2017
Carmino FASANO: Resigned as Director
26-06-2017
Gonzague MILIS: Resigned as Director
26-06-2017
HABAY Etienne: Resigned as Director
31-12-2015
Jean Marc VANDENBROUCKE: Resigned as Director
31-05-2015
Marc MASY: Resigned as Director
30-04-2014
Michel VAN ASSCHE: Resigned as Director
30-06-2011
Jean PERWEZ: Resigned as Director
19-07-2004
SCHELLENS Jules: Resigned as Director
25-06-2004
PHILIPPE Christophe: Resigned as Director
Location & real-estate footprint
Registered office, Namur
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.
Avenue Gouverneur Bovesse(JB) 965100 NamurGround area
1,653 m²
Building footprint
471 m²
Volume, LiDAR
8,572 m³
Parcel 92067B0875/00F000, Wallonia · tallest building 25.6 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92067B0875/00F000 | Wallonia | 1,653 m² | 1 · 471 m² | 25.6 m · 6 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.
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded21-01-1998
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.