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B-TRADING

Active
Private limited company (pre-2019)founded 20197 yrs activeGasthuisstraat 38, 9140 Temse, BelgiumKBO/BCE: BE 0721.521.929
Summary

B-TRADING has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,124 and a net result of €69. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability38▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 88.29 against 34.15 in 2024; short-term debt: 1.1% and cash: 4.9% of total assets), and 1.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.9%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
47 d late
2024
92 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
59 d late
2019
195 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 69 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 February 2019, B-TRADING was incorporated.1 Total assets went from EUR 18,059 in 2019 to EUR 21,366 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€21,124▲ 0.3%
2024 · €21,055
Total assets
€21,366▼ 1.5%
2024 · €21,690
Net result
€69▼ 87.8%
2024 · €562
Working capital
€21,124▲ 0.3%
2024 · €21,055
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€434€377€1,567▲ 316%€861▼ 45.0%€96▼ 88.8%
Net result-€434within the sector's middle half€377within the sector's middle half€1,149within the sector's middle half▲ 205%€562within the sector's middle half▼ 51.1%€69below the sector's middle half▼ 87.8%
Equity€18,816within the sector's middle half▼ 2.3%€19,193within the sector's middle half▲ 2.0%€20,493within the sector's middle half▲ 6.8%€21,055within the sector's middle half▲ 2.7%€21,124below the sector's middle half▲ 0.3%
Total assets€50,042below the sector's middle half▲ 151%€147,562within the sector's middle half▲ 195%€21,182below the sector's middle half▼ 85.6%€21,690below the sector's middle half▲ 2.4%€21,366below the sector's middle half▼ 1.5%
Debt€31,227▲ 4,693%€128,370▲ 311%€689▼ 99.5%€635▼ 7.8%€242▼ 61.9%
Working capital€19,231within the sector's middle half▼ 2.2%€19,607within the sector's middle half▲ 2.0%€20,493within the sector's middle half▲ 4.5%€21,055within the sector's middle half▲ 2.7%€21,124within the sector's middle half▲ 0.3%
Solvency37.6%within the sector's middle half▼ 59.1pp13.0%within the sector's middle half▼ 24.6pp96.7%above the sector's middle half▲ 83.7pp97.1%above the sector's middle half▲ 0.3pp98.9%above the sector's middle half▲ 1.8pp
Current ratio1.62within the sector's middle half▼ 82.481.15within the sector's middle half▼ 0.4730.74above the sector's middle half▲ 29.5934.15above the sector's middle half▲ 3.4188.29above the sector's middle half▲ 54.15
Return on assets (ROA)-0.9%within the sector's middle half▼ 6.8pp0.3%within the sector's middle half▲ 1.1pp5.4%within the sector's middle half▲ 5.2pp2.6%within the sector's middle half▼ 2.8pp0.3%within the sector's middle half▼ 2.3pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,000€0€1,000€2,000Operating result 2021: -€434-€434Net result 2021: -€434-€434Operating result 2022: €377€377Net result 2022: €377€377Operating result 2023: €1,567€1,567Net result 2023: €1,149€1,149Operating result 2024: €861€861Net result 2024: €562€562Operating result 2025: €96€96Net result 2025: €69€6920212022202320242025€0€500€1,000€1,500Operating result 2023: €1,567€1,570Net result 2023: €1,149€1,150Operating result 2024: €861€861Net result 2024: €562€562Operating result 2025: €96€96Net result 2025: €69€69202320242025
The operating result has fallen two years in a row; 2025 is 89% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €21,366
Equity €21,124 ▲ 0.3%
Debt €242 ▼ 61.9%
Debt's share of the balance-sheet total falls from 2.9% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
34.42▲
2024 · 13.62
Debt to equity
0.01▼
2024 · 0.03
ROE
0.3%▼
2024 · 2.7%
Debt ≤ 1 year
€242▼
2024 · €635
Income taxes
€25▼
2024 · €217
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.2% went bankrupt
3.8% stopped otherwise
94% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€21,690€21,366▼
Current assets29/58€21,690€21,366▼
Stocks and contracts in progress3€13,037€13,037=
Stocks30/36€13,037€13,037=
Amounts receivable within one year40/41€6,401€7,278▲
Other amounts receivable41€6,401€7,278▲
Cash at bank and in hand54/58€2,252€1,050▼
Equity and liabilities
Total equity and liabilities10/49€21,690€21,366▼
Equity10/15€21,055€21,124▲
Contributions10/11€18,600€18,600=
Outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Profit (loss) carried forward14€2,455€2,524▲
Amounts payable17/49€635€242▼
Amounts payable within one year42/48€635€242▼
Taxes, remuneration and social security45€635€242▼
Taxes450/3€635€242▼
Income statement Code20242025
Other operating charges640/8€77€144▲
Gross operating margin9900€938€240▼
Operating profit (loss)9901€861€96▼
Financial charges65/66B€83€3▼
Recurring financial charges65€83€3▼
Profit (loss) for the period before taxes9903€779€94▼
Income taxes67/77€217€25▼
Profit (loss) for the period9904€562€69▼
Profit (loss) for the period to be appropriated9905€562€69▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,455€2,524▲
Profit (loss) brought forward from the previous period14P€1,893€2,455▲
Line20212022202320242025Change
Other operating charges640/8-€1,006-€77€144▲ 87.1%
Gross operating margin9900-€434€1,382€1,567€938€240▼ 74.4%
Operating profit (loss)9901-€434€377€1,567€861€96▼ 88.8%
Financial charges65/66B---€83€3▼ 97.0%
Recurring financial charges65---€83€3▼ 97.0%
Profit (loss) for the period before taxes9903-€434€377€1,567€779€94▼ 88.0%
Income taxes67/77--€418€217€25▼ 88.5%
Profit (loss) for the period9904-€434€377€1,149€562€69▼ 87.8%
Profit (loss) for the period to be appropriated9905-€434€377€1,149€562€69▼ 87.8%
Line20212022202320242025Change
Assets
Total assets20/58€50,042€147,562€21,182€21,690€21,366▼ 1.5%
Current assets29/58€50,042€147,562€21,182€21,690€21,366▼ 1.5%
Stocks and contracts in progress3€13,037€13,037€13,037€13,037€13,037=
Stocks30/36€10,558€13,037€13,037€13,037€13,037=
Contracts in progress37€2,479-----
Amounts receivable within one year40/41€37,005€134,525€8,145€6,401€7,278▲ 13.7%
Trade receivables40€14,300€111,820----
Other amounts receivable41€22,705€22,705€8,145€6,401€7,278▲ 13.7%
Cash at bank and in hand54/58---€2,252€1,050▼ 53.3%
Equity and liabilities
Total equity and liabilities10/49€50,042€147,562€21,182€21,690€21,366▼ 1.5%
Equity10/15€18,816€19,193€20,493€21,055€21,124▲ 0.3%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11€18,600€18,600€18,600€18,600€18,600=
Other1109/19€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14€216€593€1,893€2,455€2,524▲ 2.8%
Amounts payable17/49€31,227€128,370€689€635€242▼ 61.9%
Amounts payable within one year42/48€30,812€127,955€689€635€242▼ 61.9%
Trade debts44€30,575€127,718----
Suppliers440/4€30,575€127,718----
Taxes, remuneration and social security45€237€237€689€635€242▼ 61.9%
Taxes450/3€237€237€689€635€242▼ 61.9%
Accrued charges and deferred income492/3€415€415----
Line20212022202320242025Change
Profit (loss) for the period9904-€434€377€1,149€562€69▼ 87.8%
Operating cash flow (approximation)-€434€377€1,149€562€69▼ 87.8%
Change in cash-----€1,201-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 47 days late
2025
31-12
Financial Liquidity triplescurrent ratio 88.29
Current ratio from 34.15 to 88.29; short-term debt falls from €635 to €242.
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Liquidity times 27current ratio 30.74
Current ratio from 1.15 to 30.74; short-term debt falls from €127,955 to €689.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €377
Net result €377 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
11-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 195 days late
2020
31-12
Financial Back to profitnet €1,191
Net result €1,191 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
140 m²
Building footprint
59 m²
Volume, LiDAR
453 m³
Parcel 46025B0952/00K000, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
B-TRADING
Gasthuisstraat 38, 9140 TemseNACE 45111
since 20192.285.842.414
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B0952/00K000 Flanders 140 m² 1 · 59 m² 12.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid
Year Entries awardedpaid
2024 1 2,000 EUR2,000 EUR
2023 1 2,000 EUR2,000 EUR
Schemes
2 entries · 4,000 EUR · 4,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 2,709 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded25-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
46180Agents specialised in the wholesale of other particular products
E-invoicing
Not found in the Peppol register

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.