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C. TRADERS

Active
Private limited companyfounded 1993active for 32 yearsHeusstraat 12, 1980 Zemst, BelgiumKBO/BCE: BE 0451.643.480
Summary

C. TRADERS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172,258 and a net result of -€10,477. Equity is growing by about 6.9% per year across the filed financial years. Its solvency ranks better than 95% of 4,036 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€172,258▼ 5.7%
2024 · €182,735
Total assets
€172,741▼ 7.1%
2024 · €186,027
Net result
-€10,477▼ 58.0%
2024 · -€6,633
Working capital
€102,859▲ 7.7%
2024 · €95,476
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €10,774 in 2025 against €7,008 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€10,774 2025 Net result-€10,477 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€13,993--€3,520€2,201€2,815▲ 27.9%€17,019▲ 505%-€396-€7,008▼ 1,670%-€10,774▼ 53.7%
Net result€9,785--€6,562€2,002below the sector's middle half€2,441below the sector's middle half▲ 22.0%€11,559below the sector's middle half▲ 373%-€821below the sector's middle half-€6,633below the sector's middle half▼ 708%-€10,477below the sector's middle half▼ 58.0%
Equity€102,240-€95,678▼ 6.4%€97,680below the sector's middle half▲ 2.1%€178,630within the sector's middle half▲ 82.9%€190,189within the sector's middle half▲ 6.5%€189,368within the sector's middle half▼ 0.4%€182,735within the sector's middle half▼ 3.5%€172,258within the sector's middle half▼ 5.7%
Total assets€114,402-€106,810▼ 6.6%€102,232below the sector's middle half▼ 4.3%€182,665below the sector's middle half▲ 78.7%€206,868below the sector's middle half▲ 13.3%€191,923below the sector's middle half▼ 7.2%€186,027below the sector's middle half▼ 3.1%€172,741below the sector's middle half▼ 7.1%
Debt€12,162-€11,132▼ 8.5%€4,552▼ 59.1%€4,036▼ 11.3%€16,679▲ 313%€2,555▼ 84.7%€3,292▲ 28.8%€483▼ 85.3%
Working capital€72,543-€73,576▲ 1.4%€90,498within the sector's middle half▲ 23.0%€170,796within the sector's middle half▲ 88.7%€156,950within the sector's middle half▼ 8.1%€82,891within the sector's middle half▼ 47.2%€95,476within the sector's middle half▲ 15.2%€102,859within the sector's middle half▲ 7.7%
Solvency89.4%-89.6%▲ 0.2pp95.5%above the sector's middle half▲ 6.0pp97.8%above the sector's middle half▲ 2.2pp91.9%above the sector's middle half▼ 5.9pp98.7%above the sector's middle half▲ 6.7pp98.2%above the sector's middle half▼ 0.4pp99.7%above the sector's middle half▲ 1.5pp
Current ratio6.96-7.61▲ 0.6420.88above the sector's middle half▲ 13.2743.32above the sector's middle half▲ 22.4410.41above the sector's middle half▼ 32.9133.44above the sector's middle half▲ 23.0330.00above the sector's middle half▼ 3.44
Return on assets (ROA)8.6%--6.1%▼ 14.7pp2.0%below the sector's middle half▲ 8.1pp1.3%below the sector's middle half▼ 0.6pp5.6%within the sector's middle half▲ 4.3pp-0.4%below the sector's middle half▼ 6.0pp-3.6%below the sector's middle half▼ 3.1pp-6.1%below the sector's middle half▼ 2.5pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172,741
Fixed assets €69,399 ▼ 20.5%
Current assets €103,342 ▲ 4.6%
Equity and liabilities €172,741
Equity €172,258 ▼ 5.7%
Debt €483 ▼ 85.3%
Debt's share of the balance-sheet total falls from 1.8% to 0.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,173▼
2024 · €12,210
Cash flow
€8,470▼
2024 · €12,585
Debt to equity
0.00▼
2024 · 0.02
ROE
-6.1%▼
2024 · -3.6%
Interest coverage
45.57▲
2024 · 40.47
Debt ≤ 1 year
€483▼
2024 · €3,292
Income taxes
€90▼
2024 · €96
A ratio outside any meaningful range has been withheld (balance sheet total €172,741, equity €172,258).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,474 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% 1.8%
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 74.5% 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 12,321 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€186,027€172,741▼
Fixed assets21/28€87,259€69,399▼
Tangible fixed assets22/27€87,259€69,399▼
Plant, machinery and equipment23€26,538€24,435▼
Furniture and vehicles24€60,720€44,963▼
Current assets29/58€98,768€103,342▲
Amounts receivable within one year40/41€5,823€5,839▲
Trade receivables40€2,741€5,774▲
Other amounts receivable41€3,081€65▼
Cash at bank and in hand54/58€92,945€96,542▲
Deferred charges and accrued income490/1-€962
Equity and liabilities
Total equity and liabilities10/49€186,027€172,741▼
Equity10/15€182,735€172,258▼
Reserves13€68,597€68,597=
Non-distributable reserves130/1€31,397€31,397=
Reserves not available under the articles1311€31,397€31,397=
Distributable reserves133€37,200€37,200=
Profit (loss) carried forward14€114,138€103,660▼
Amounts payable17/49€3,292€483▼
Amounts payable within one year42/48€3,292€483▼
Trade debts44€2,243€483▼
Suppliers440/4€2,243€483▼
Taxes, remuneration and social security45€1,049-
Taxes450/3€1,049-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,218€18,947▼
Other operating charges640/8€732€473▼
Gross operating margin9900€12,942€8,646▼
Operating profit (loss)9901-€7,008-€10,774▼
Financial income75/76B€772€566▼
Recurring financial income75€772€566▼
Financial charges65/66B€302€179▼
Recurring financial charges65€302€179▼
Profit (loss) for the period before taxes9903-€6,537-€10,387▼
Income taxes67/77€96€90▼
Profit (loss) for the period9904-€6,633-€10,477▼
Profit (loss) for the period to be appropriated9905-€6,633-€10,477▼
Appropriation of the result
Profit (loss) to be appropriated9906€114,138€103,660▼
Profit (loss) brought forward from the previous period14P€120,771€114,138▼
Transfer from equity791/2€0-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,264€15,751€487€505€1,052€5,945€19,218€18,947▼ 1.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€782-----
Other operating charges640/8---€1,821€348€955€732€473▼ 35.4%
Gross operating margin9900€30,218€12,231-€11,928€5,923€18,419€6,504€12,942€8,646▼ 33.2%
Operating profit (loss)9901€13,993-€3,520€2,201€2,815€17,019-€396-€7,008-€10,774▼ 53.7%
Financial income75/76B---€66€0€1,940€772€566▼ 26.8%
Recurring financial income75€286€19€5€66€0€1,940€772€566▼ 26.8%
Financial charges65/66B---€147€226€234€302€179▼ 40.6%
Recurring financial charges65€346€286€205€147€226€234€302€179▼ 40.6%
Profit (loss) for the period before taxes9903€13,933-€3,788€2,002€2,735€16,793€1,309-€6,537-€10,387▼ 58.9%
Income taxes67/77€4,148€2,774-€293€5,234€2,130€96€90▼ 6.1%
Profit (loss) for the period9904€9,785-€6,562€2,002€2,441€11,559-€821-€6,633-€10,477▼ 58.0%
Profit (loss) for the period to be appropriated9905€9,785-€6,562€2,002€2,441€11,559-€821-€6,633-€10,477▼ 58.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€114,402€106,810€102,232€182,665€206,868€191,923€186,027€172,741▼ 7.1%
Fixed assets21/28€29,697€22,103€7,182€7,834€33,239€106,477€87,259€69,399▼ 20.5%
Tangible fixed assets22/27€29,697€22,103€7,182€7,834€33,239€106,477€87,259€69,399▼ 20.5%
Plant, machinery and equipment23---€6,725€32,289€29,999€26,538€24,435▼ 7.9%
Furniture and vehicles24---€1,109€950€76,477€60,720€44,963▼ 26.0%
Current assets29/58€84,705€84,708€95,050€174,831€173,629€85,446€98,768€103,342▲ 4.6%
Stocks and contracts in progress3----€4,696€0---
Stocks30/36----€4,696€0---
Amounts receivable within one year40/41€9,547€6,158€17,641€24,975€22,778€6,947€5,823€5,839▲ 0.3%
Trade receivables40---€24,732€22,480€779€2,741€5,774▲ 111%
Other amounts receivable41---€242€297€6,168€3,081€65▼ 97.9%
Cash at bank and in hand54/58€73,158€78,109€77,409€149,857€146,156€76,015€92,945€96,542▲ 3.9%
Deferred charges and accrued income490/1-----€2,484-€962-
Equity and liabilities
Total equity and liabilities10/49€114,402€106,810€102,232€182,665€206,868€191,923€186,027€172,741▼ 7.1%
Equity10/15€102,240€95,678€97,680€178,630€190,189€189,368€182,735€172,258▼ 5.7%
Contributions10/11€18,600€18,600€18,600------
Reserves13€6,197€6,197€8,197€56,597€67,597€68,597€68,597€68,597=
Non-distributable reserves130/1---€19,397€30,397€31,397€31,397€31,397=
Reserves not available under the articles1311---€19,397€30,397€31,397€31,397€31,397=
Distributable reserves133---€37,200€37,200€37,200€37,200€37,200=
Profit (loss) carried forward14€77,443€70,881€70,883€122,032€122,592€120,771€114,138€103,660▼ 9.2%
Amounts payable17/49€12,162€11,132€4,552€4,036€16,679€2,555€3,292€483▼ 85.3%
Amounts payable within one year42/48€12,162€11,132€4,552€4,036€16,679€2,555€3,292€483▼ 85.3%
Trade debts44€9,757€4,903€975€1,573€14,150€1,461€2,243€483▼ 78.4%
Suppliers440/4---€1,573€14,150€1,461€2,243€483▼ 78.4%
Taxes, remuneration and social security45---€936€661€1,094€1,049--
Taxes450/3---€936€661€1,094€1,049--
Other amounts payable47/48---€1,526€1,869----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€9,785-€6,562€2,002€2,441€11,559-€821-€6,633-€10,477▼ 58.0%
+ Depreciation and write-downs630€15,264€15,751€487€505€1,052€5,945€19,218€18,947▼ 1.4%
Operating cash flow (approximation)€25,048€9,189€2,489€2,946€12,612€5,124€12,585€8,470▼ 32.7%
Investment in fixed assets (approximation)--€8,156€14,434-€1,157-€26,457-€79,183€0-€1,087-
Change in cash-€4,951-€700€72,448-€3,701-€70,141€16,931€3,597▼ 78.8%

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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Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 12-05-2026 2026-00108806
31-12-2024 abbreviated format 03-05-2025 2025-00086371
31-12-2023 abbreviated format 15-05-2024 2024-00087626
31-12-2022 abbreviated format 13-07-2023 2023-00233212
31-12-2021 abbreviated format 20-05-2022 2022-20031032
31-12-2020 abbreviated format 17-05-2021 2021-14200298
31-12-2019 abbreviated format 07-05-2020 2020-11700285
31-12-2018 abbreviated format 27-06-2019 2019-23700304
31-12-2017 abbreviated format 08-06-2018 2018-17400363
31-12-2016 abbreviated format 17-06-2017 2017-19200588

Show all 32 filings

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.