ACTIVE

TRENSITION

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Financial year 2025 · closed on 31/12/2025

Net result

-886,6 k €

+12.2% YoY

Gross margin

-58,5 k €

+75.5% YoY

Equity

5,3 M €

+2335.7% YoY

Workforce

10,2 ETP

What does TRENSITION do?

TRENSITION is a Public limited company incorporated in 2019. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 10,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0736.564.253

Incorporation

18/10/2019

Legal form

Public limited company

Registered office

Dok-Noord 3a box 202
9000 Gent · FlandreSee on map

Contributed capital

7 881 526,04 €

Latest accounts

31/12/2025

Average workforce

10,2 ETP

Activities (NACE)

62010Computer programming activities· main 62090Other information technology and computer service activities 62100Computer programming, consultancy and related activities 62900Computer programming, consultancy and related activities

Joint committees (2)

200
20000

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2021		2020
Income statement
Gross margin	-58,5 k €	+75.5%	-239 k €	-75.7%	-136 k €	+2.2%	-139,1 k €	-233%	104,7 k €	-60.4%	264,5 k €
EBITDA	-833,8 k €	+17.2%	-1 M €	-74.8%	-576,3 k €	-70.3%	-338,4 k €	-500%	84,7 k €	-67.9%	263,5 k €
Operating result	-885,4 k €	+13.4%	-1 M €	-74.5%	-586,1 k €	-71.2%	-342,4 k €	-512%	83 k €	-68.5%	263,3 k €
Net result	-886,6 k €	+12.2%	-1 M €	-74.6%	-578,6 k €	-69.1%	-342,1 k €	-516%	82,2 k €	-66.5%	245,5 k €
Balance sheet
Equity	5,3 M €	+2336%	218,9 k €	-82.2%	1,2 M €	-32.0%	1,8 M €	+448%	329,7 k €	+33.2%	247,5 k €
Total assets	6,6 M €	+531%	1 M €	-33.0%	1,6 M €	-22.8%	2 M €	+373%	426,4 k €	+42.8%	298,6 k €
Cash	5,7 M €	+616%	794,4 k €	-42.3%	1,4 M €	-25.6%	1,8 M €	+399%	370,4 k €	+30.6%	283,6 k €
Debts	562,5 k €	+119%	257 k €	+88.0%	136,7 k €	+53.0%	89,3 k €	-7.6%	96,6 k €	+89.0%	51,1 k €
Other
Workforce	10,2 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 18 ended

Active mandates

Pedro Silva Pereira Ribeiro Santos

Director · since 03 décembre 2025

Active

Mitasco

Director · since 11 décembre 2024 · 0767.735.402

Represented by Mathias Colpaert

Active

Guillaume Le Gouz de Saint Seine

Director · since 06 février 2024 · until 03 décembre 2025

Active

CAPRICORN PARTNERS

Director · 0449.330.922

Represented by Marc LAMBRECHTS

Active

VIDE CONSULTING

Managing director · 0508.680.965

Represented by Vincent Defour

Active

Ended mandates

Guillaume Le Gouz de Saint Seine

Director · since 06 février 2024

Ended

CAPRICORN PARTNERS

Director · since 06 septembre 2022 · 0449.330.922

Represented by Marc LAMBRECHTS

Ended

DATA ANALYTICS

Director · since 03 septembre 2021 · 0767.646.815

Represented by Mike VANDERROOST

Ended

DATA ANALYTICS

Managing director · since 03 septembre 2021 · 0767.646.815

Represented by Mike Vanderroost

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	18/10/2019
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	15 months
Filing date	16/07/2026	03/07/2025	06/07/2024	30/08/2023	31/08/2022	31/08/2021
General meeting	30/06/2026	28/06/2025	29/06/2024	31/07/2023	31/08/2022	24/08/2021
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

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Filings

Annual accounts filings

6 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	16/07/2026	Dutch	PDF
Micro model	31/12/2024	28/06/2025	03/07/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	06/07/2024	Dutch	PDF
Micro model	31/12/2022	31/07/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	31/08/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	24/08/2021	31/08/2021	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 18 ended

Active mandates

Pedro Silva Pereira Ribeiro Santos

Director · since 03 décembre 2025

Active

Mitasco

Director · since 11 décembre 2024 · 0767.735.402

Represented by Mathias Colpaert

Active

Guillaume Le Gouz de Saint Seine

Director · since 06 février 2024 · until 03 décembre 2025

Active

CAPRICORN PARTNERS

Director · 0449.330.922

Represented by Marc LAMBRECHTS

Active

VIDE CONSULTING

Managing director · 0508.680.965

Represented by Vincent Defour

Active

Ended mandates

Guillaume Le Gouz de Saint Seine

Director · since 06 février 2024

Ended

CAPRICORN PARTNERS

Director · since 06 septembre 2022 · 0449.330.922

Represented by Marc LAMBRECHTS

Ended

DATA ANALYTICS

Director · since 03 septembre 2021 · 0767.646.815

Represented by Mike VANDERROOST

Ended

DATA ANALYTICS

Managing director · since 03 septembre 2021 · 0767.646.815

Represented by Mike Vanderroost

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2022
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/03/2022
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-886,6 k €↑
2024
Annual accounts 2024-1 M €↓
2023
Annual accounts 2023-578,6 k €↓
2022
Annual accounts 2022-342,1 k €↓
2021
Annual accounts 202182,2 k €↓
2020
Annual accounts 2020245,5 k €
18/10/2019
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TRENSITION

Overview

What does TRENSITION do?

Trend over 6 financial years

Indicative valuation

Board of directors

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