Skip to content

A - TRADE

Active
Private limited company (pre-2019)founded 200224 years activeKnodbaan 122, 2520 Ranst, BelgiumKBO/BCE: BE 0478.176.346
Summary

The computed 12-month bankruptcy probability of A - TRADE is 3.0% (moderate). The 2024 annual accounts show negative equity (-€650,557) and a net result of -€57,775. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 13,521 sector peers (NACE 46, fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in the wholesale of food, beverages and tobacco
NACE 46170
1 site
Size
€280,965total assets 2024
Equity
-€650,557
Loss
-€57,775
Turnover not published (abridged schema)
Financial health
49 Fair Checked score 2024
Bankruptcy probability, 12 months
3.0%
Structure
Accounts 68 days overdue0 of 1 deed read
Why 49- Figures for FY 2024 (filed 17-07-2025)- Liquidity: current ratio 2.67, cash €1,038+ Size: total assets €280,965+ Founded in 2002Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -231.5% of total assets
Liquidity 42=
short-term debt 23.9% · cash 0.4%
Profitability 2+2
return on assets -20.6%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,858 companies)
Last 24 months 11-2024: 4.0%highest value 12-2024: 4.0%● unchanged vs 11-2024highest value 01-2025: 4.0%● unchanged vs 12-2024highest value 02-2025: 4.0%● unchanged vs 01-2025highest value 03-2025: 4.0%● unchanged vs 02-2025 04-2025: 3.9%▼ -0.1 percentage points vs 03-2025 05-2025: 3.7%▼ -0.2 percentage points vs 04-2025 06-2025: 3.6%▼ -0.1 percentage points vs 05-2025 07-2025: 3.6%● unchanged vs 06-2025 08-2025: 1.9%▼ -1.7 percentage points vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.8%▼ -0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026lowest value 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 2.4%▲ +0.6 percentage points vs 07-2026 09-2026: 2.6%▲ +0.2 percentage points vs 08-2026 10-2026: 3.0%▲ +0.4 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 2.67 against 2.72 in 2023; short-term debt: 23.9% and cash: 0.4% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 6% on solvency, 40% on liquidity, 13% on profitability and 26% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 17-07-2025)
NBB · annual accounts
lowers risk · Size: total assets €280,965
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2002
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 2.67, cash €1,038
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€650,557
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
21 days early
2023
26 days late
2022
63 days late
2021
137 days late
2020
115 days late
2019
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 71 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Liquidity quadruplescurrent ratio 2.72

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€650,557 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2024 -€57,775 View
  • Caution: Among the weakest 5% on solvencysector median 41.5% · 13,521 companies -312.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€280,965
Loss
-€57,775
Solvency
-231.5%
Total assets▼ 11.1%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 02-10-2023Annual accounts filed
  2. 15-12-2022Annual accounts filed
  3. 23-11-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Agents in the wholesale of food, beverages and…NACE 46170
Founded
16-08-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.