SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES (Other form with a social purpose, governed by public law) — Bruxelles (1000)

Identity

Source · BCE/KBO

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
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· main 49310Urban and suburban passenger land transport 60211Television programming and broadcasting activities 45202Maintenance and repair of motor vehicles 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate+5

Joint committees (1)

32803

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 82 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	-28,5 M €	+34.6%	-43,5 M €	-177%	-15,7 M €	+78.6%	-73,4 M €	+16.9%	-88,4 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 €
Net result	469,2 k €	+102%	-30,7 M €	-255%	-8,6 M €	+34.0%	-13,1 M €	-147%	28 M €
Balance sheet
Equity	3 Md €	+2.4%	2,9 Md €	+3.9%	2,8 Md €	+7.3%	2,6 Md €	+6.7%	2,5 Md €
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 €
Cash	16,8 M €	+51.0%	11,1 M €	+214%	3,5 M €	-73.2%	13,2 M €	+24.3%	10,6 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 €
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

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

27 active · 107 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stijn Schouteden	Commissaire aux comptessince 04/12/2025
Kurt Deswert	Commissaris van de Brusselse Hoofdstedelijke Regering bij de MIVBsince 10/04/2025
Donatella Balbo	Administratrice déléguéesince 20/06/2024Managing directorsince 20/06/2024
Marc Pickman	Directorsince 01/10/2023
Forvis Mazars Réviseurs d’Entreprises0428.837.889Represented by Peter Lenoir	Commissaire-reviseur30/05/2023 → 28/05/2026Mandate21/05/2014 → 2014 accountsendedCommissaris-revisor2021 accountsended
Mostafa Akel	Directorsince 20/07/2022
Tamara De Bruecker	Administrateur-directeur général adjointsince 11/02/2021
Philippe Barette	Commissaire aux comptessince 02/06/2020Mandate23/05/2013 → 2013 accountsended
Wilbert Stoefs	Commissaris voor de rekeningen02/06/2020 → 30/06/2025Commissaire aux comptes02/06/2020 → 2024 accountsendedMandate25/05/2011 → 2013 accountsended
Abbès Guenned	Mandatesince 25/09/2014Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.B23/01/2020 → 2021 accountsended
Céline Vanderborght	Bestuurdersince 19/12/2019Director19/12/2019 → 2021 accountsended
Gisèle Mbayoko Makawaga	Administratricesince 19/12/2019Director19/12/2019 → 2021 accountsended
Ibrahim El Ouakili	Directorsince 19/12/2019
Ismaël Ben Moha	Directorsince 19/12/2019
Joëlle Petit	Administratricesince 19/12/2019Director19/12/2019 → 2021 accountsended
Lotfi Mostefa	Vice-chairman of the board of directorssince 20/12/2018
Marie Julie Jeanne De Schrijver	Bestuurdersince 19/12/2019
Matthieu Pillois	Directorsince 19/12/2019
Merlijn Erbuer	Chairman of the board of directorssince 19/12/2019
Naima Belkhatir	Bestuurdersince 19/12/2019Director19/12/2019 → 2020 accountsended
Patrick Balcaen	Directorsince 19/12/2019
Saliha Raiss	Administratricesince 19/12/2019Director19/12/2019 → 2021 accountsended
Samir Mahla	Directorsince 19/12/2019
Suzanne Hana	Bestuurdersince 19/12/2019Director19/12/2019 → 2021 accountsended
Vincent Michel Eric Riga	Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.B19/12/2019 → 09/04/2025Commissaris van de Brusselse Hoofdstedelijke Regering bij de MIVBsince 19/12/2019
Geert Cochez	Opdrachthouder van de Brusselse Hoofdstedelijke Regeringsince 24/10/2019
Brieuc de MEEÛS	Mandatesince 01/09/2012

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wilbert Stoef	Mandate02/06/2020 → 2020 accounts
Christian Ecker	Director19/12/2019 → 2021 accounts
Ibrahim El Ouakili	Director19/12/2019 → 2020 accounts
Lofti Mostefa	Vice-chairman of the board of directors19/12/2019 → 2020 accounts

Other companies at this address

Rue Royale 76 1000 Bruxelles

Company	CBE no.
BELGISCHE VERENIGING VOOR GEMEENSCHAPPELIJK STADS EN STREEKVERVOER● Active	0410.815.685
CALYPSO NETWORKS ASSOCIATION● Active	0862.030.981
Royale Cercle Sportif et d'Agrément de la Société des Transports Intercommunaux de Bruxelles● Active	0414.083.991

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 82 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/05/2026	03/06/2026	Dutch	PDF
Full model	31/12/2025	28/05/2026	03/06/2026	French	PDF
Consolidated accounts	31/12/2025	28/05/2026	03/06/2026	Dutch	PDF
Consolidated accounts	31/12/2025	28/05/2026	03/06/2026	French	PDF
Full model	31/12/2024	27/05/2025	03/06/2025	French	PDF
Full model	31/12/2024	27/05/2025	03/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	27/05/2025	03/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	27/05/2025	03/06/2025	French	PDF
Full model	31/12/2023	28/05/2024	03/06/2024	Dutch	PDF
Full model	31/12/2023	28/05/2024	03/06/2024	French	PDF
Consolidated accounts	31/12/2023	28/05/2024	03/06/2024	French	PDF
Consolidated accounts	31/12/2023	28/05/2024	03/06/2024	Dutch	PDF
Full model	31/12/2022	30/05/2023	06/06/2023	Dutch	PDF
Full model	31/12/2022	30/05/2023	06/06/2023	French	PDF
Consolidated accounts	31/12/2022	30/05/2023	06/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	30/05/2023	06/06/2023	French	PDF
Full model	31/12/2021	24/05/2022	20/06/2022	Dutch	PDF
Full model	31/12/2021	24/05/2022	20/06/2022	French	PDF
Consolidated accounts	31/12/2021	24/05/2022	23/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	24/05/2022	23/06/2022	French	PDF
Full model	31/12/2020	31/05/2021	18/06/2021	French	PDF
Full model	31/12/2020	31/05/2021	18/06/2021	Dutch	PDF
Consolidated accounts	31/12/2020	31/05/2021	24/06/2021	French	PDF
Consolidated accounts	31/12/2020	31/05/2021	24/06/2021	Dutch	PDF

View all 82 filings

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

27 active · 107 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stijn Schouteden	Commissaire aux comptessince 04/12/2025
Kurt Deswert	Commissaris van de Brusselse Hoofdstedelijke Regering bij de MIVBsince 10/04/2025
Donatella Balbo	Administratrice déléguéesince 20/06/2024Managing directorsince 20/06/2024
Marc Pickman	Directorsince 01/10/2023
Forvis Mazars Réviseurs d’Entreprises0428.837.889Represented by Peter Lenoir	Commissaire-reviseur30/05/2023 → 28/05/2026Mandate21/05/2014 → 2014 accountsendedCommissaris-revisor2021 accountsended
Mostafa Akel	Directorsince 20/07/2022
Tamara De Bruecker	Administrateur-directeur général adjointsince 11/02/2021
Philippe Barette	Commissaire aux comptessince 02/06/2020Mandate23/05/2013 → 2013 accountsended
Wilbert Stoefs	Commissaris voor de rekeningen02/06/2020 → 30/06/2025Commissaire aux comptes02/06/2020 → 2024 accountsendedMandate25/05/2011 → 2013 accountsended
Abbès Guenned	Mandatesince 25/09/2014Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.B23/01/2020 → 2021 accountsended
Céline Vanderborght	Bestuurdersince 19/12/2019Director19/12/2019 → 2021 accountsended
Gisèle Mbayoko Makawaga	Administratricesince 19/12/2019Director19/12/2019 → 2021 accountsended
Ibrahim El Ouakili	Directorsince 19/12/2019
Ismaël Ben Moha	Directorsince 19/12/2019
Joëlle Petit	Administratricesince 19/12/2019Director19/12/2019 → 2021 accountsended
Lotfi Mostefa	Vice-chairman of the board of directorssince 20/12/2018
Marie Julie Jeanne De Schrijver	Bestuurdersince 19/12/2019
Matthieu Pillois	Directorsince 19/12/2019
Merlijn Erbuer	Chairman of the board of directorssince 19/12/2019
Naima Belkhatir	Bestuurdersince 19/12/2019Director19/12/2019 → 2020 accountsended
Patrick Balcaen	Directorsince 19/12/2019
Saliha Raiss	Administratricesince 19/12/2019Director19/12/2019 → 2021 accountsended
Samir Mahla	Directorsince 19/12/2019
Suzanne Hana	Bestuurdersince 19/12/2019Director19/12/2019 → 2021 accountsended
Vincent Michel Eric Riga	Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.B19/12/2019 → 09/04/2025Commissaris van de Brusselse Hoofdstedelijke Regering bij de MIVBsince 19/12/2019
Geert Cochez	Opdrachthouder van de Brusselse Hoofdstedelijke Regeringsince 24/10/2019
Brieuc de MEEÛS	Mandatesince 01/09/2012

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wilbert Stoef	Mandate02/06/2020 → 2020 accounts
Christian Ecker	Director19/12/2019 → 2021 accounts
Ibrahim El Ouakili	Director19/12/2019 → 2020 accounts
Lofti Mostefa	Vice-chairman of the board of directors19/12/2019 → 2020 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates19/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates21/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates19/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2020
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Stijn Schouteden

Kurt Deswert

Donatella Balbo

Marc Pickman

Forvis Mazars Réviseurs d’Entreprises

Mostafa Akel

Tamara De Bruecker

Wilbert Stoefs

Philippe Barette

Samir Mahla

Lotfi Mostefa

Vincent Michel Eric Riga

Show the 122 other mandates

1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLESSociété des transports intercommunaux de BruxellesMAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSELSOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES

Rue Royale 76, 1000 Brussels

Commissaris van de Brusselse Hoofdstedelijke Regering bij de MIVB

Administratrice déléguéeManaging director

Director

Commissaire-reviseur

Director

Administrateur-directeur général adjoint

Commissaris voor de rekeningenCommissaire aux comptes

Commissaire aux comptes

Director

Vice-chairman of the board of directors

Commissaire du Gouvernement de la R.B.C. auprès la S.T.I.BCommissaris van de Brusselse Hoofdstedelijke Regering bij de MIVB

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Royale 76, 1000 BrusselsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00147829

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLESCurrent	accounts 2025	Accounts 2025 · 2026-00147829
Société des transports intercommunaux de Bruxelles	accounts 2024 → 2025	Accounts 2025 · 2026-00147810
Maatschappij voor het Intercommunaal Vervoer te Brussel	accounts 2024	Accounts 2024 · 2025-00129005
Maatchappij voor het Intercommunaal Vervoer te Brussel	accounts 2023	Accounts 2023 · 2024-00122865
Société des transports intercommunaux de Bruxelles	accounts 2023	Accounts 2023 · 2024-00122857
Société des Transports Intercommunaux de Bruxelles (S.T.I.B. - M.I.V.B)	accounts 2022	Accounts 2022 · 2023-00123538
MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL	accounts 2022	Accounts 2022 · 2023-00123993
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES	accounts 2022	Accounts 2022 · 2023-00123929
S.T.I.B. - M.I.V.B.	accounts 2021	Accounts 2021 · 2022-20126842
MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL	accounts 2020	Accounts 2020 · 2021-24200218
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES	accounts 2020	Accounts 2020 · 2021-24200224
MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL	accounts 2018 → 2019	Accounts 2019 · 2020-19200014
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES	accounts 2019	Accounts 2019 · 2020-19100454
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES	accounts 2015 → 2018	Accounts 2018 · 2019-21700096
MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL	accounts 2015	Accounts 2015 · 2016-16000479
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES	accounts 2008	Accounts 2008 · 2009-62500263
SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES	accounts 2007	Accounts 2007 · 2008-54400134
MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL	accounts 2007	Accounts 2007 · 2008-54400146

Events

2025
Annual accounts 2025469,2 k €↑
2025
Name changeSOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
2024
Annual accounts 2024-30,7 M €↓
2024
Name changeMaatschappij voor het Intercommunaal Vervoer te Brussel
2024
Name changeSociété des transports intercommunaux de Bruxelles
2023
Annual accounts 2023-8,6 M €↑
2023
Name changeSociété des transports intercommunaux de Bruxelles
2023
Name changeMaatchappij voor het Intercommunaal Vervoer te Brussel
2022
Annual accounts 2022-13,1 M €↓
2022
Name changeSOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
2022
Name changeMAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL
2022
Name changeSociété des Transports Intercommunaux de Bruxelles (S.T.I.B. - M.I.V.B)
2021
Annual accounts 202128 M €↑
2021
Name changeS.T.I.B. - M.I.V.B.
2020
Annual accounts 2020-98 M €↓
2020
Name changeSOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
2020
Name changeMAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL
2019
Annual accounts 2019350,1 k €↓
2019
Name changeSOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
2018
Annual accounts 201820 M €↑
2018
Name changeMAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL
2017
Annual accounts 2017-535,2 k €↓
2016
Annual accounts 2016825,4 k €↓
2015
Annual accounts 201526,6 M €↑
2015
Name changeMAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL
2015
Name changeSOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
2014
Annual accounts 2014671,6 k €↑
2013
Annual accounts 2013260 k €↑
2012
Annual accounts 201254,9 k €↓
2011
Annual accounts 2011
2010
Annual accounts 20101 M €↓
2009
Annual accounts 20091,4 M €↑
2008
Annual accounts 20081,4 M €↓
2008
Name changeSOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
2007
Annual accounts 20071,4 M €↓
2007
Name changeMAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSEL
2006
Annual accounts 20061,5 M €
23/12/1990
IncorporationOther form with a social purpose, governed by public law

SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events