SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
0247.499.953 · rovalta.com · 20/09/2026
ACTIVE
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
Financial year 2025 · closed on 31/12/2025
Net result
469,2 k €
+101.5% YoY
Revenue
240,6 M €
+6.3% YoY
Equity
3,0 Md €
+2.4% YoY
Workforce
10 277,5 ETP
-0.0% YoY
Overview
What does SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES do?
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES is a Other form with a social purpose, governed by public law incorporated in 1990. Its main activity is: Urban and suburban passenger land transport. Its registered office is in Bruxelles. It employs on average 10 277,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0247.499.953
Incorporation
23/12/1990
Legal form
Other form with a social purpose, governed by public law
Registered office
Rue Royale 76
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
37 000 000,00 €
Latest accounts
31/12/2025
Average workforce
10 277,5 ETP
Activities (NACE)
49310Urban and suburban passenger land transport· main49310Urban and suburban passenger land transport60211Television programming and broadcasting activities45202Maintenance and repair of motor vehicles68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate+5
Joint committees (1)
- 32803
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 240,6 M € | +6.3% | 226,2 M € | -22.2% | 290,9 M € | +9.7% | 265,2 M € | +21.5% | 218,3 M € | +2.2% | 213,6 M € | -25.3% | 285,8 M € | +3.4% | 276,4 M € | +2.6% | 269,3 M € | +2.0% | 264,0 M € | -2.9% | 271,9 M € | +1.9% | 266,8 M € | +3.3% | 258,4 M € | +5.6% | 244,6 M € | +4.8% | 233,4 M € | +6.1% | 219,9 M € | +6.2% | 207,1 M € | +1.0% | 205,2 M € | +7.0% | 191,7 M € | +10.1% | 174,0 M € |
| EBITDA | -28,5 M € | +34.6% | -43,5 M € | -177% | -15,7 M € | +78.6% | -73,4 M € | +16.9% | -88,4 M € | +14.6% | -103,5 M € | -1068% | -8,9 M € | -129% | 31,0 M € | +665% | -5,5 M € | -112% | 46,0 M € | +75.3% | 26,2 M € | +783% | -3,8 M € | -124% | 15,8 M € | -56.7% | 36,5 M € | -2.5% | 37,5 M € | +400% | -12,5 M € | -479% | -2,2 M € | +96.5% | -61,6 M € | -1748% | -3,3 M € | +29.0% | -4,7 M € |
| Operating result | -348,1 M € | +6.9% | -373,8 M € | -24.7% | -299,6 M € | +0.8% | -302,2 M € | +20.8% | -381,6 M € | -21.1% | -315,1 M € | -50.6% | -209,2 M € | -9.6% | -190,8 M € | +1.7% | -194,1 M € | -48.7% | -130,5 M € | +4.5% | -136,7 M € | +4.1% | -142,5 M € | -29.4% | -110,1 M € | -37.3% | -80,2 M € | -11.7% | -71,8 M € | +36.1% | -112,3 M € | -20.6% | -93,2 M € | +38.8% | -152,1 M € | -80.3% | -84,4 M € | -6.6% | -79,1 M € |
| Net result | 469,2 k € | +102% | -30,7 M € | -255% | -8,6 M € | +34.0% | -13,1 M € | -147% | 28,0 M € | +129% | -98,0 M € | -28094% | 350,1 k € | -98.3% | 20,0 M € | +3839% | -535,2 k € | -165% | 825,4 k € | -96.9% | 26,6 M € | +3867% | 671,6 k € | +158% | 260,0 k € | +374% | 54,9 k € | – | 1,0 M € | -25.2% | 1,4 M € | +0.5% | 1,4 M € | -5.1% | 1,4 M € | -2.1% | 1,5 M € | ||
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,0 Md € | +2.4% | 2,9 Md € | +3.9% | 2,8 Md € | +7.3% | 2,6 Md € | +6.7% | 2,5 Md € | +0.7% | 2,4 Md € | +2.7% | 2,4 Md € | +12.8% | 2,1 Md € | +10.7% | 1,9 Md € | +9.3% | 1,7 Md € | +0.6% | 1,7 Md € | +5.2% | 1,6 Md € | +7.1% | 1,5 Md € | +8.9% | 1,4 Md € | +9.7% | 1,3 Md € | +9.2% | 1,2 Md € | +13.3% | 1,0 Md € | +16.2% | 896,2 M € | +27.8% | 701,5 M € | +27.2% | 551,6 M € |
| Total assets | 3,5 Md € | -0.6% | 3,5 Md € | +4.3% | 3,3 Md € | +5.9% | 3,2 Md € | +1.8% | 3,1 Md € | +2.8% | 3,0 Md € | +2.1% | 3,0 Md € | +11.0% | 2,7 Md € | +11.2% | 2,4 Md € | +5.2% | 2,3 Md € | +2.7% | 2,2 Md € | +2.8% | 2,2 Md € | +7.6% | 2,0 Md € | +4.3% | 1,9 Md € | +9.4% | 1,8 Md € | +9.1% | 1,6 Md € | +5.7% | 1,5 Md € | +9.6% | 1,4 Md € | +12.8% | 1,2 Md € | +7.0% | 1,2 Md € |
| Cash | 16,8 M € | +51.0% | 11,1 M € | +214% | 3,5 M € | -73.2% | 13,2 M € | +24.3% | 10,6 M € | -20.2% | 13,3 M € | -45.8% | 24,5 M € | +755% | 2,9 M € | -70.1% | 9,6 M € | +13.9% | 8,4 M € | +26.9% | 6,6 M € | -4.9% | 7,0 M € | +4.1% | 6,7 M € | -71.8% | 23,8 M € | +121% | 10,8 M € | +240% | 3,2 M € | +8.0% | 2,9 M € | -18.8% | 3,6 M € | -45.2% | 6,6 M € | -63.9% | 18,3 M € |
| Debts | 320,5 M € | -19.2% | 396,9 M € | +12.5% | 352,8 M € | -1.2% | 357,1 M € | -13.4% | 412,4 M € | +22.2% | 337,4 M € | -4.8% | 354,5 M € | +7.5% | 329,7 M € | +33.2% | 247,6 M € | -20.9% | 312,9 M € | +15.8% | 270,2 M € | -11.9% | 306,8 M € | +4.9% | 292,5 M € | -15.8% | 347,5 M € | +4.5% | 332,5 M € | +3.0% | 322,8 M € | -14.3% | 376,5 M € | -3.5% | 390,0 M € | -8.6% | 426,6 M € | -13.4% | 492,5 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 10 277,5 ETP | -0.0% | 10 278,3 ETP | +0.7% | 10 205,4 ETP | +0.9% | 10 113,2 ETP | +1.0% | 10 013,0 ETP | +6.5% | 9 403,0 ETP | +3.7% | 9 067,9 ETP | +4.3% | 8 690,9 ETP | +2.8% | 8 450,1 ETP | +2.8% | 8 222,5 ETP | +4.8% | 7 848,0 ETP | +10.5% | 7 100,5 ETP | +3.2% | 6 880,9 ETP | +4.0% | 6 616,0 ETP | +1.6% | 6 512,0 ETP | +1.0% | 6 448,0 ETP | +0.5% | 6 413,0 ETP | +3.2% | 6 212,0 ETP | +0.7% | 6 168,0 ETP | +1.7% | 6 063,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
more than 1.000 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 29 active · 298 ended
Active mandates
Stijn Schouteden
ActiveKurt Deswert
ActiveDonatella Balbo
ActiveDonatella Balbo
ActiveMarc Pickman
ActiveMostafa Akel
ActiveTamara De Bruecker
ActivePhilippe Barette
ActiveWilbert Stoefs
ActiveCéline Vanderborght
ActiveGisèle Mbayoko Makawaga
ActiveIbrahim El Ouakili
ActiveIsmaël Ben Moha
ActiveJoëlle Petit
ActiveLotfi Mostefa
ActiveMarie Julie Jeanne De Schrijver
ActiveMatthieu Pillois
ActiveMerlijn Erbuer
ActiveNaima Belkhatir
ActivePatrick Balcaen
ActiveSaliha Raiss
ActiveSamir Mahla
ActiveSuzanne Hana
ActiveVincent Michel Eric Riga
ActiveVincent Michel Eric Riga
ActiveGeert Cochez
ActiveAbbès Guenned
ActiveBrieuc de MEEÛS
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0410.815.685 | |
CALYPSO NETWORKS ASSOCIATION● Active | 0862.030.981 |
| 0414.083.991 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | m120-f-p |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 03/06/2026 | 03/06/2025 | 03/06/2024 | 06/06/2023 | 20/06/2022 | 24/06/2021 |
| General meeting | 28/05/2026 | 27/05/2025 | 28/05/2024 | 30/05/2023 | 24/05/2022 | 31/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
82 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 28/05/2026 | 03/06/2026 | Dutch | |
| Full model | 31/12/2025 | 28/05/2026 | 03/06/2026 | French | |
| m120-f-p | 31/12/2025 | 28/05/2026 | 03/06/2026 | Dutch | |
| m120-f-p | 31/12/2025 | 28/05/2026 | 03/06/2026 | French | |
| Full model | 31/12/2024 | 27/05/2025 | 03/06/2025 | French | |
| Full model | 31/12/2024 | 27/05/2025 | 03/06/2025 | Dutch | |
| m120-f-p | 31/12/2024 | 27/05/2025 | 03/06/2025 | Dutch | |
| m120-f-p | 31/12/2024 | 27/05/2025 | 03/06/2025 | French | |
| Full model | 31/12/2023 | 28/05/2024 | 03/06/2024 | Dutch | |
| Full model | 31/12/2023 | 28/05/2024 | 03/06/2024 | French | |
| m120-f-p | 31/12/2023 | 28/05/2024 | 03/06/2024 | French | |
| m120-f-p | 31/12/2023 | 28/05/2024 | 03/06/2024 | Dutch | |
| Full model | 31/12/2022 | 30/05/2023 | 06/06/2023 | Dutch | |
| Full model | 31/12/2022 | 30/05/2023 | 06/06/2023 | French | |
| m120-f-p | 31/12/2022 | 30/05/2023 | 06/06/2023 | Dutch | |
| m120-f-p | 31/12/2022 | 30/05/2023 | 06/06/2023 | French | |
| Full model | 31/12/2021 | 24/05/2022 | 20/06/2022 | Dutch | |
| Full model | 31/12/2021 | 24/05/2022 | 20/06/2022 | French | |
| m120-f-p | 31/12/2021 | 24/05/2022 | 23/06/2022 | Dutch | |
| m120-f-p | 31/12/2021 | 24/05/2022 | 23/06/2022 | French | |
| Full model | 31/12/2020 | 31/05/2021 | 18/06/2021 | French | |
| Full model | 31/12/2020 | 31/05/2021 | 18/06/2021 | Dutch | |
| m120-f-p | 31/12/2020 | 31/05/2021 | 24/06/2021 | French | |
| m120-f-p | 31/12/2020 | 31/05/2021 | 24/06/2021 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
more than 1.000 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 29 active · 298 ended
Active mandates
Stijn Schouteden
ActiveKurt Deswert
ActiveDonatella Balbo
ActiveDonatella Balbo
ActiveMarc Pickman
ActiveMostafa Akel
ActiveTamara De Bruecker
ActivePhilippe Barette
ActiveWilbert Stoefs
ActiveCéline Vanderborght
ActiveGisèle Mbayoko Makawaga
ActiveIbrahim El Ouakili
ActiveIsmaël Ben Moha
ActiveJoëlle Petit
ActiveLotfi Mostefa
ActiveMarie Julie Jeanne De Schrijver
ActiveMatthieu Pillois
ActiveMerlijn Erbuer
ActiveNaima Belkhatir
ActivePatrick Balcaen
ActiveSaliha Raiss
ActiveSamir Mahla
ActiveSuzanne Hana
ActiveVincent Michel Eric Riga
ActiveVincent Michel Eric Riga
ActiveGeert Cochez
ActiveAbbès Guenned
ActiveBrieuc de MEEÛS
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates29/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates29/06/2026DEMISSIONS, NOMINATIONS
- Mandates19/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates19/02/2026DEMISSIONS, NOMINATIONS
- Mandates21/03/2024ONTSLAGEN - BENOEMINGEN
- Mandates21/03/2024DEMISSIONS, NOMINATIONS
- Mandates19/11/2020ONTSLAGEN - BENOEMINGEN
- Mandates19/11/2020DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025469,2 k €↑
- 2024Annual accounts 2024-30,7 M €↓
- 2023Annual accounts 2023-8,6 M €↑
- 2023Name changeMaatchappij voor het Intercommunaal Vervoer te Brussel
- 2022Annual accounts 2022-13,1 M €↓
- 2022Name changeSociété des Transports Intercommunaux de Bruxelles (S.T.I.B. - M.I.V.B)
- 2021Annual accounts 202128,0 M €↑
- 2021Name changeS.T.I.B. - M.I.V.B.
- 2020Annual accounts 2020-98,0 M €↓
- 2019Annual accounts 2019350,1 k €↓
- 2018Annual accounts 201820,0 M €↑
- 2017Annual accounts 2017-535,2 k €↓
- 2016Annual accounts 2016825,4 k €↓
- 2015Annual accounts 201526,6 M €↑
- 2014Annual accounts 2014671,6 k €↑
- 2013Annual accounts 2013260,0 k €↑
- 2012Annual accounts 201254,9 k €↓
- 2011Annual accounts 2011
- 2010Annual accounts 20101,0 M €↓
- 2009Annual accounts 20091,4 M €↑
- 2008Annual accounts 20081,4 M €↓
- 2007Annual accounts 20071,4 M €↓
- 2007Name changeSociété des transports intercommunaux de Bruxelles
- 2007Name changeMaatschappij voor het Intercommunaal Vervoer te Brussel
- 2006Annual accounts 20061,5 M €
- 23/12/1990IncorporationOther form with a social purpose, governed by public law