BONNE TRADING
ActiveBONNE TRADING has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.15M and a net result of €-449k. Equity is growing by ~73.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-57
Solvency59▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.96 in 2024; short-term debt: 25.6% and cash: 4.4% of total assets), and 66.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
82 d late
2023
29 d late
2022
107 d late
2021
197 d late
2020
181 d late
2019
122 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.15M▼ 28.1%
2024 · €1.60M
2018: €22k
2019: €136k
2020: €287k
2021: €575k
2022: €1.10M
2023: €1.42M
2024: €1.60M
2018 → 2025
Total assets
€3.39M▼ 18.7%
2024 · €4.18M
2018: €1.90M
2019: €1.81M
2020: €1.81M
2021: €2.04M
2022: €2.89M
2023: €3.82M
2024: €4.18M
2018 → 2025
Net result
€-449k
2024 · €177k
2018: €-93k
2019: €114k
2020: €151k
2021: €288k
2022: €524k
2023: €320k
2024: €177k
2018 → 2025
Working capital
€-32k
2024 · €659k
2018: €-290k
2019: €-254k
2020: €-340k
2021: €-105k
2022: €481k
2023: €326k
2024: €659k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€575k-€1.10M▲ 91.1%€1.42M▲ 29.1%€1.60M▲ 12.5%€1.15M▼ 28.1%
Operating result€437k-€714k▲ 63.4%€471k▼ 34.0%€358k▼ 23.9%€-324k
Net result€288k-€524k▲ 81.7%€320k▼ 38.9%€177k▼ 44.6%€-449k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €324k after €358k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.39M
Fixed assets
€2.56M▼ 9.8%
Current assets
€837k▼ 37.6%
Equity and liabilities €3.39M
Equity
€1.15M▼ 28.1%
Debt
€2.25M▼ 12.9%
The debt ratio rises from 61.8% to 66.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€147k▼
2024 · €722k
Cash flow
€23k▼
2024 · €541k
Solvency
33.8%▼
2024 · 38.2%
Current ratio
0.96▼
2024 · 1.96
Quick ratio
0.89▼
2024 · 1.88
Debt / equity
1.96▲
2024 · 1.62
ROE
-39.1%▼
2024 · 11.1%
ROA
-13.2%▼
2024 · 4.2%
Interest coverage
1.82▼
2024 · 7.17
Debt
€2.25M▼
2024 · €2.58M
Debt ≤ 1 year
€869k▲
2024 · €683k
Debt > 1 year
€1.38M▼
2024 · €1.90M
Income taxes
€45k▼
2024 · €115k
Staff costs
€49k▲
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.18M€3.39M▼
Fixed assets21/28€2.84M€2.56M▼
Tangible fixed assets22/27€2.83M€2.56M▼
Land and buildings22€1.13M€1.08M▼
Plant, machinery and equipment23€1.69M€1.42M▼
Furniture and vehicles24€16k€55k▲
Financial fixed assets28€540€540=
Current assets29/58€1.34M€837k▼
Stocks and contracts in progress3€60k€65k▲
Stocks30/36€60k€65k▲
Amounts receivable within one year40/41€823k€596k▼
Trade receivables40€704k€506k▼
Other amounts receivable41€119k€90k▼
Current investments50/53€9k€9k=
Cash at bank and in hand54/58€450k€151k▼
Deferred charges and accrued income490/1-€17k
Equity and liabilities
Total equity and liabilities10/49€4.18M€3.39M▼
Equity10/15€1.60M€1.15M▼
Contributions10/11€19k€19k=
Reserves13€1.58M€1.13M▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€18k€18k=
Distributable reserves133€1.56M€1.11M▼
Profit (loss) carried forward14€0-
Amounts payable17/49€2.58M€2.25M▼
Amounts payable after more than one year17€1.90M€1.38M▼
Financial debts170/4€1.90M€1.38M▼
Amounts payable within one year42/48€683k€869k▲
Current portion of amounts payable after more than one year42€383k€357k▼
Financial debts43€0€200k▲
Credit institutions430/8€0€200k▲
Trade debts44€58k€189k▲
Suppliers440/4€58k€189k▲
Taxes, remuneration and social security45€195k€103k▼
Taxes450/3€189k€86k▼
Remuneration and social security454/9€7k€17k▲
Other amounts payable47/48€47k€20k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€49k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€363k€472k▲
Other operating charges640/8€26k€12k▼
Gross operating margin9900€797k€208k▼
Operating profit (loss)9901€358k€-324k▼
Financial income75/76B€35k€909▼
Recurring financial income75€35k€759▼
Non-recurring financial income76B-€150
Financial charges65/66B€101k€81k▼
Recurring financial charges65€101k€81k▼
Profit (loss) for the period before taxes9903€293k€-404k▼
Income taxes67/77€115k€45k▼
Profit (loss) for the period9904€177k€-449k▼
Profit (loss) for the period to be appropriated9905€177k€-449k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.53M€-449k▼
Profit (loss) brought forward from the previous period14P€1.35M€0▼
Transfer from equity791/2-€449k
Transfer to equity691/2€1.53M€0▼
To other reserves6921€1.53M€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-449k ▼353%
Net result drops to €-449k, the lowest in the series.
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 82 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 107 days late
13-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 197 days late
2022
31-12
Financial
Highest result since 2018net €524k ▲81.7%
Operating result €714k, net result €524k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.66
Current ratio from 0.83 to 1.66.
31-12
Financial
Equity above €1MEq €1.10M ▲91.1%
4 profitable years in a row build equity to €1.10M.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 181 days late
2021
31-12
Financial
Equity above €500kEq €575k ▲101%
3 profitable years in a row build equity to €575k.
2020
31-12
Financial
Equity above €200kEq €287k ▲111%
2 profitable years in a row build equity to €287k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Back to profitnet €114k
Net result €114k after one loss-making year.
31-12
Financial
Equity above €100kEq €136k ▲515%
Equity rises from €22k to €136k.
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 65 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Klinkkouterstraat 159040 GentGround area
352 m²
Building footprint
352 m²
Volume, LiDAR
2,091 m³
Parcel 44432C1158/00E002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BONNE TRADING BVBA
since 19962.076.815.827
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C1158/00E002 | Flanders | 352 m² | 1 · 352 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
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Of 667 companies in sector 77320 we hold annual accounts for 492. 335 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-05-1996
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@bonnetrading.be
Phone:09/238 12 08