ACTIVE

Transition

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Financial year 2025 · closed on 31/12/2025
Net result
12,6 k €
+153.8% YoY
Revenue
225,7 k €
+34.1% YoY
Equity
411,9 k €
-0.9% YoY

What does Transition do?

Transition is a Non-profit organization incorporated in 1989. Its main activity is: Technical and vocational secondary education. Its registered office is in Forest.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0442.220.723
Incorporation
29/11/1989
Legal form
Non-profit organization
Registered office
Chaussée d'Alsemberg 303
1190 Forest · BruxellesSee on map
Latest accounts
31/12/2025
Activities (NACE)
85323Technical and vocational secondary education· main88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.
Joint committees (1)
  • 31902
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue225,7 k €168,3 k €198,6 k €–––––––––––––––
EBITDA25,5 k €34,2 k €38,1 k €38,5 k €28,8 k €28,4 k €28,5 k €39,3 k €36,2 k €31,8 k €1,3 k €3,3 k €-708,5 €-670,4 €7,6 k €-4,8 k €-4,4 k €-672,2 €
Operating result-2,9 k €6,7 k €10,5 k €10,9 k €3,7 k €3,3 k €3,3 k €12,8 k €9,7 k €2 k €-4,4 k €-2,5 k €-2 k €-2,5 k €5,5 k €-8,4 k €-6,4 k €-2,9 k €
Net result12,6 k €4,9 k €8,9 k €8 k €1,1 k €2 k €-328 €275,8 €289,8 €297 €-1,1 k €-31,6 €-1,3 k €4,6 k €7,1 k €-1,6 k €-3,6 k €-865,7 €
Balance sheet
Equity411,9 k €415,9 k €427,4 k €436,3 k €431,8 k €445,9 k €459,1 k €474,6 k €490,5 k €505,5 k €521,3 k €25,2 k €21,1 k €22,5 k €17,9 k €10,8 k €13,1 k €17,3 k €
Total assets713,4 k €737,1 k €706,9 k €721,7 k €731,7 k €760,1 k €765,6 k €773,9 k €786,5 k €808 k €784,7 k €154,1 k €149,8 k €131,9 k €136,4 k €114,7 k €125,7 k €129,2 k €
Cash176,9 k €183,7 k €142,1 k €129,5 k €124,7 k €153,6 k €159 k €130,2 k €119,4 k €119,3 k €118,1 k €111,1 k €125,9 k €107,6 k €95,4 k €62,8 k €98,4 k €73,8 k €
Debts276,7 k €294,1 k €252,4 k €248,9 k €235,9 k €250,2 k €242,5 k €233,4 k €239,4 k €252,2 k €211,7 k €80,8 k €81,2 k €100,1 k €95 k €93,1 k €94,8 k €95,7 k €
Other
Workforce––––––9,0 ETP8,9 ETP9,1 ETP8,6 ETP8,6 ETP8,0 ETP8,0 ETP8,0 ETP8,0 ETP7,0 ETP6,0 ETP6,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 33 ended

Active mandates

Cécile Simons

Mandate

Active
Helene Coppens

Mandate

Active
Michel Devisscher

Mandate

Active
Philippe Berten

Mandate

Active

Ended mandates

Hélène COPPENS

Director · since 20 juin 2019 · until 20 juin 2022

Ended
Hélène COPPENS

Director · since 20 juin 2019

Ended
Michel De Visscher

Director · since 20 juin 2019 · until 20 juin 2022

Ended
Michel De Visscher

Director · since 20 juin 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
Association des copropriétaires à Forest Chaussée d'Alsemberg 303● Active
0837.736.045
BRUXELLES DANS L'EGALITE ET LA LUTTE POUR UNE INTÉGRATION AU MAXIMUM● Active
0846.254.130
FREYARVOR● Active
0802.073.796
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202603/07/202522/07/202409/08/202324/07/202226/07/2021
General meeting22/06/202623/06/202517/06/202420/06/202321/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/06/202629/06/2026FrenchPDF
Micro model31/12/202423/06/202503/07/2025FrenchPDF
Micro model31/12/202317/06/202422/07/2024FrenchPDF
Micro model31/12/202220/06/202309/08/2023FrenchPDF
Micro model31/12/202121/06/202224/07/2022FrenchPDF
Micro model31/12/202021/06/202126/07/2021FrenchPDF
Abridged modelCorrection31/12/201906/07/202023/11/2020FrenchPDF
Abridged model31/12/201906/07/202001/09/2020FrenchPDF
Abridged model31/12/201820/06/201907/08/2019FrenchPDF
Abridged model31/12/201705/06/201812/07/2018FrenchPDF
Abridged model31/12/201607/06/201706/07/2017FrenchPDF
Abridged model31/12/201507/06/201630/06/2016FrenchPDF
Abridged model31/12/201428/05/201516/06/2015FrenchPDF
Abridged model31/12/201320/05/201426/06/2014FrenchPDF
Abridged model31/12/201223/05/201327/06/2013FrenchPDF
Abridged model31/12/201129/05/201211/07/2012FrenchPDF
Abridged model31/12/201026/05/201106/07/2011FrenchPDF
Abridged model31/12/200927/05/201003/08/2010FrenchPDF
Abridged model31/12/200827/05/200928/09/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 33 ended

Active mandates

Cécile Simons

Mandate

Active
Helene Coppens

Mandate

Active
Michel Devisscher

Mandate

Active
Philippe Berten

Mandate

Active

Ended mandates

Hélène COPPENS

Director · since 20 juin 2019 · until 20 juin 2022

Ended
Hélène COPPENS

Director · since 20 juin 2019

Ended
Michel De Visscher

Director · since 20 juin 2019 · until 20 juin 2022

Ended
Michel De Visscher

Director · since 20 juin 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/12/2023
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates17/01/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/11/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/09/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/01/2012
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202512,6 k €↑
  2. 2024
    Annual accounts 20244,9 k €↓
  3. 2023
    Annual accounts 20238,9 k €↑
  4. 2022
    Annual accounts 20228 k €↑
  5. 2021
    Annual accounts 20211,1 k €↓
  6. 2020
    Annual accounts 20202 k €↑
  7. 2019
    Annual accounts 2019-328 €↓
  8. 2018
    Annual accounts 2018275,8 €↓
  9. 2017
    Annual accounts 2017289,8 €↓
  10. 2016
    Annual accounts 2016297 €↑
  11. 2015
    Annual accounts 2015-1,1 k €↓
  12. 2014
    Annual accounts 2014-31,6 €↑
  13. 2013
    Annual accounts 2013-1,3 k €↓
  14. 2012
    Annual accounts 20124,6 k €↓
  15. 2011
    Annual accounts 20117,1 k €↑
  16. 2010
    Annual accounts 2010-1,6 k €↑
  17. 2009
    Annual accounts 2009-3,6 k €↓
  18. 2008
    Annual accounts 2008-865,7 €
  19. 29/11/1989
    IncorporationNon-profit organization