ACTIVE

Transit - Service

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Financial year 2025 · Closed on 31/12/2025

Net result723,8 k €+182,6 %over 1 year
Gross margin5,8 M €+46,4 %over 1 year
Equity2,1 M €+0,0 %over 1 year
Workforce84,3 ETP+17,9 %over 1 year

Identity

Source · BCE/KBO

Transit - Service is a Private limited company incorporated in 1991. Its main activity is: Taxi operation. Its registered office is in Antwerpen. It employs on average 84,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0445.863.072
Incorporation
26/11/1991
Legal form
Private limited company
Registered office
Mechelsesteenweg 259 box 5
2018 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
84,3 ETP
Joint committees (3)
  • 140
  • 14003
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin5,8 M €3,9 M €1,8 M €1,6 M €1,4 M €
EBITDA1,1 M €401 k €233,5 k €48,8 k €510,1 k €
Operating result969,9 k €335,7 k €200,1 k €-1,8 k €455,5 k €
Net result723,8 k €256,2 k €185,8 k €-3,1 k €343,5 k €
Balance sheet
Equity2,1 M €2,1 M €2,1 M €1,9 M €1,9 M €
Total assets5,8 M €4,8 M €3,2 M €3,5 M €3,3 M €
Cash1 M €222,1 k €360,1 k €337,6 k €576,8 k €
Debts3,7 M €2,7 M €1,1 M €1,6 M €1,4 M €
Other
Workforce84,3 ETP71,5 ETP37,1 ETP35,7 ETP23,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
WARTEL PHILIPPE0478.568.997Represented by Philippe Wartel
Directorsince 01/07/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Cynthia Invest0864.906.141Represented by Marc Luytens
Director01/01/2004 → 2019 accountsAdministrator - manager01/01/2004 → 2017 accountsManager01/01/2004 → 2011 accounts

Other companies at this address

Mechelsesteenweg 259 2018 Antwerpen
CompanyCBE no.
Vereniging van Mede-Eigenaars van het gebouw Albert Park te 2018 Antwerpen, Mechelsesteenweg 259● Active
0700.344.552
WARTEL PHILIPPE● Active
0478.568.997
ZOLTYCORP● Active
1002.061.369

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/12/202101/12/202001/12/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months13 months12 months12 months
Filing date15/10/202621/10/202530/08/202431/08/202330/06/202229/07/2021
General meeting30/09/202617/10/202531/07/202431/07/202331/05/202219/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/09/202615/10/2026DutchPDF
Abridged model31/12/202417/10/202521/10/2025DutchPDF
Abridged model31/12/202331/07/202430/08/2024DutchPDF
Abridged model31/12/202231/07/202331/08/2023DutchPDF
Abridged model30/11/202131/05/202230/06/2022DutchPDF
Abridged model30/11/202019/02/202129/07/2021DutchPDF
Abridged model30/11/201921/02/202030/04/2020DutchPDF
Abridged model30/11/201815/02/201922/03/2019DutchPDF
Abridged model30/11/201716/02/201830/07/2018DutchPDF
Abridged model30/11/201617/02/201731/03/2017DutchPDF
Abridged model30/11/201519/02/201631/03/2016DutchPDF
Abridged model30/11/201420/02/201531/03/2015DutchPDF
Abridged model30/11/201321/02/201430/04/2014DutchPDF
Abridged model30/11/201215/02/201328/02/2013DutchPDF
Abridged model30/11/201117/02/201230/03/2012DutchPDF
Abridged model30/11/201018/02/201129/04/2011DutchPDF
Abridged model30/11/200919/02/201030/03/2010DutchPDF
Abridged model30/11/200820/02/200930/04/2009DutchPDF
Abridged model30/11/200723/05/200809/06/2008DutchPDF
Abridged model30/11/200602/03/200702/04/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
WARTEL PHILIPPE0478.568.997Represented by Philippe Wartel
Directorsince 01/07/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Cynthia Invest0864.906.141Represented by Marc Luytens
Director01/01/2004 → 2019 accountsAdministrator - manager01/01/2004 → 2017 accountsManager01/01/2004 → 2011 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring04/06/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Registered office10/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/07/2021
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/11/2008
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/01/2005
    MAATSCHAPPELIJKE ZETEL
    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
Filings10 filings
Mandates
WARTEL PHILIPPE
Cynthia Invest
199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Transit - Service
Mechelsesteenweg 259 bte 5, 2018 Antwerp-2018
Director
DirectorAdministrator - managerManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Mechelsesteenweg 259 bte 5, 2018 Antwerp-2018Current
accounts 2022 → 2025
Accounts 2025 · 2026-00558452
Mechelsesteenweg 271 bte 1.1, 2018 Antwerp-2018
accounts 2021
Accounts 2021 · 2022-20112234

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Transit - ServiceCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00558452

Events

  1. 2025
    Annual accounts 2025723,8 k €↑
  2. 2024
    Annual accounts 2024256,2 k €↑
  3. 2023
    Annual accounts 2023185,8 k €↑
  4. 2022
    Annual accounts 2022-3,1 k €↓
  5. 2021
    Annual accounts 2021343,5 k €↓
  6. 2011
    Annual accounts 2011680 k €↑
  7. 2010
    Annual accounts 2010539,9 k €↑
  8. 2009
    Annual accounts 2009520,6 k €↓
  9. 2008
    Annual accounts 2008627,4 k €↓
  10. 2007
    Annual accounts 2007657,8 k €
  11. 26/11/1991
    IncorporationPrivate limited company