Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2020 and 2021.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2021; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
TRANSITION from Namur, company number BE0682763006, closed financial year 2021 with a result of € -15,768 after tax. For that financial year TRANSITION recorded a gross margin of € -11,283 and equity of € -8,083. Compared with financial year 2020, the result moved from € -6,390 to € -15,768. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 16, 2022.
€ -8,083
▼ € 15,768 vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,768
▼ 147 % more loss than in 2020
Profit after tax over the fiscal year.
€ 25
▼ 99% vs 2020
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,583.
People and assets in 2021
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2021
€ 864
Loans from banks and other lenders, long and short.
€ 12,514
▲ 39% vs 2020
Supplier invoices still open on the last day of the fiscal year.
€ 3,117
▲ 35% vs 2020
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|
| Gross margin | € 276 | € -11,283 | ▼ € 11,559 |
| Profit after taxes | € -6,390 | € -15,768 | ▼ € 9,377 |
| Equity | € 7,685 | € -8,083 | ▼ € 15,768 |
| Total debts | € 11,298 | € 16,495 | ▲ 46% |
| Cash | € 2,501 | € 25 | ▼ 99% |
| Retained profit | € 6,185 | € -9,583 | ▼ € 15,768 |
| Bank debt | € 0 | € 864 | |
| Balance sheet total | € 18,983 | € 8,412 | ▼ 56% |
Key figures of TRANSITION, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to TRANSITION?
What happened at TRANSITION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TRANSITION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: loss of € 15,768. filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,390 loss in 2020 to € 15,768 loss in 2021.
Paid € 50 in corporate taxes since 2020.
A new publication or filing at TRANSITION? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TRANSITION is BUILU SAPU LINGOSA.
Directors
According to the 2021 annual accounts
BUILU SAPU LINGOSA
Director
Establishments
Establishment units
Physical locations of this company
Rue Rogier 34 box C
5000 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0682.763.006
- VAT number
- BE 0682.763.006
- Registered office
- Rue Rogier 34 bus C, 5000 Namur
- Names & denominations
- TRANSITION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 October 2017
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening