Financials
Financial year 2025
Transit - Service from Antwerpen, company number BE0445863072, closed financial year 2025 with a result of € 723,825 after tax. For that financial year Transit - Service recorded a gross margin of € 5.8 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 256,154 to € 723,825. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 2.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 723,825
▲ 183% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ € 799,983 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 723,000 paid out
100 % of the profit went to the shareholders, mostly to CAPRY (100 % of the shares). That is where the money ends up.
People and assets in 2025
84.3
▲ 12.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.7 million
▲ 33% vs 2024
€ 55,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 216,878
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 294,123
▲ 171% vs 2024
Loans from banks and other lenders, long and short.
€ 2.1 million
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 562,208
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,599,131 | € 1,766,948 | € 3,937,961 | € 5,764,201 | ▲ 46% |
| Profit after taxes | € -3,147 | € 185,761 | € 256,154 | € 723,825 | ▲ 183% |
| Equity | € 1,876,701 | € 2,062,462 | € 2,062,616 | € 2,063,442 | |
| Total debts | € 1,617,175 | € 1,126,432 | € 2,692,911 | € 3,719,363 | ▲ 38% |
| Cash | € 337,577 | € 360,051 | € 222,090 | € 1,022,073 | ▲ € 799,983 |
| Retained profit | € 1,858,101 | € 2,043,862 | € 2,044,016 | € 2,044,842 | |
| Dividend | € 0 | € 0 | € 256,000 | € 723,000 | ▲ 182% |
| Bank debt | € 94,579 | € 105,267 | € 108,679 | € 294,123 | ▲ 171% |
| Balance sheet total | € 3,493,876 | € 3,188,894 | € 4,755,527 | € 5,782,805 | ▲ 22% |
| Employees (FTE) | 35.7 | 37.1 | 71.5 | 84.3 | ▲ 12.8 |
Key figures of Transit - Service, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Transit - Service?
What happened at Transit - Service in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 723,825 (▲ 183% vs 2024). filed late Source: NBB ↗
- New establishment in Zaventem. KBO
- WARTEL PHILIPPE BV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,147 loss in 2022 to € 723,825 profit in 2025.
Paid € 387,955 in corporate taxes since 2022.
Best year ever: 2025, with € 723,825 profit.
On average € 68,400 of value added per employee in 2025.
Management
The stake of CAPRY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Transit - ServiceBehind Transit - Service is WARTEL PHILIPPE BV. The shares are held by CAPRY (100%). It owns 100% of Waasland Express itself.
Directors
According to the 2025 annual accounts
Director · represented by Philippe Wartel
Also active at: PATSY COACH, Navilink Group
since 2021
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 259 box 5
2018 Antwerpen
Luchthaven Brussel Nationaal 1G
1930 Zaventem
Active since 1 April 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0445.863.072
- VAT number
- BE 0445.863.072
- Registered office
- Mechelsesteenweg 259 bus 5, 2018 Antwerpen
- Names & denominations
- Transit - Service
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1991
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- transit-service.be
- Activities · NACE
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