DTRA
ActiveSummary
DTRA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78.2m and a net result of €1.6m. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 3221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▼-3
Solvency100=
Growth68=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
short-term debt: 0.4% and cash: 0.8% of total assets, and 0.4% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 2025Solvency, return and age of the figures
Solvency
99.6%
Return on assets
2.1%
Age of the figures
9 mo
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
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 10-07-2026, 21 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
21 d early
2024
15 d early
2023
15 d early
2022
28 d early
2021
9 d early
2020
8 d early
2019
7 d early
← 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 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€5.3m▼ 6.5%
2021 · €5.7m
EBIT margin
27.6%▲ 1.9pp
2021 · 25.8%
Net result
€1.6m▲ 141%
2024 · €677,555
Working capital
€55.0m▼ 1.9%
2024 · €56.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€5.7m▼ 7.6%€5.3m▼ 6.5%
Operating result€1.5m▼ 14.3%€1.5m▲ 0.3%€846,461▼ 42.2%-€25,930-€101,892▼ 293%
Net result€5.7m▲ 181%€19.7m▲ 246%€1.9m▼ 90.6%€677,555▼ 63.4%€1.6m▲ 141%
EBIT margin25.8%▼ 2.0pp27.6%▲ 1.9pp
Equity€55.8m▲ 11.4%€74.1m▲ 32.7%€75.9m▲ 2.5%€76.6m▲ 0.9%€78.2m▲ 2.1%
Total assets€56.5m▲ 10.6%€74.5m▲ 31.9%€76.4m▲ 2.5%€76.7m▲ 0.5%€78.5m▲ 2.3%
Debt€679,986▼ 31.7%€467,609▼ 31.2%€452,896▼ 3.1%€155,534▼ 65.7%€297,165▲ 91.1%
Working capital€32.8m▲ 23.3%€54.0m▲ 64.6%€55.9m▲ 3.6%€56.0m▲ 0.1%€55.0m▼ 1.9%
Staff (FTE)4.4▼ 2.2%3.8▼ 13.6%3▼ 21.1%2.1▼ 30.0%2▼ 4.8%
Why a figure moved sharply
- 2025 Net result +141% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
- 2024 Net result -63% on 2023. Cause not known from the registers.
- 2023 Net result -91% on 2022. The accounts now follow the abbreviated schema, last year the full schema.
- 2022 Net result +246% on 2021. Cause not known from the registers.
- 2021 Net result +181% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €101,892 in 2025 against €25,930 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78.5m
Fixed assets
€23.3m ▲ 13.0%
Current assets
€55.3m ▼ 1.6%
Equity and liabilities €78.5m
Equity
€78.2m ▲ 2.1%
Debt
€297,165 ▲ 91.1%
Debt's share of the balance-sheet total rises from 0.2% to 0.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84,694▼
2024 · €146,780
Cash flow
€1.8m▲
2024 · €850,265
Debt to equity
0.00▲
2024 · 0.00
ROE
2.1%▲
2024 · 0.9%
ROA
2.1%▲
2024 · 0.9%
Interest coverage
0.48▼
2024 · 0.97
Debt ≤ 1 year
€289,188▲
2024 · €147,367
Income taxes
€154,953▼
2024 · €276,099
Staff costs
€231,143▲
2024 · €227,245
A ratio outside any meaningful range has been withheld (balance sheet total €78.5m, equity €78.2m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 10,891 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €5.9m | €5.5m | - | - | - | - |
| Turnover70 | €5.7m | €5.3m | - | - | - | - |
| Other operating income74 | €220,121 | €226,074 | - | - | - | - |
| Non-recurring operating income76A | - | - | €153,194 | €0 | €2,262 | - |
| Operating charges60/66A | €4.4m | €4.1m | - | - | - | - |
| Goods for resale, raw materials and consumables60 | €3.5m | €3.0m | - | - | - | - |
| Purchases600/8 | €3.7m | €3.0m | - | - | - | - |
| Change in stocks: decrease (increase)609 | -€196,822 | -€13,361 | - | - | - | - |
| Services and other goods61 | €548,711 | €620,732 | - | - | - | - |
| Remuneration, social security and pensions62 | €286,293 | €283,267 | €270,149 | €227,245 | €231,143 | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €121,301 | €117,476 | €83,049 | €172,710 | €186,585 | ▲ 8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€13,557 | €3,573 | -€5,997 | -€4,035 | €0 | ▲ 100% |
| Other operating charges640/8 | €15,006 | €15,314 | €16,761 | €37,022 | €17,381 | ▼ 53.1% |
| Gross operating margin9900 | - | - | €1.2m | €407,012 | €333,218 | ▼ 18.1% |
| Operating profit (loss)9901 | €1.5m | €1.5m | €846,461 | -€25,930 | -€101,892 | ▼ 293% |
| Financial income75/76B | €5.2m | €19.2m | €1.1m | €1.1m | €2.1m | ▲ 82.5% |
| Recurring financial income75 | €5.0m | €539,957 | €998,193 | €1.1m | €2.0m | ▲ 83.7% |
| Income from financial fixed assets750 | €4.8m | €9,137 | - | - | - | - |
| Income from current assets751 | €225,927 | €523,788 | - | - | - | - |
| Other financial income752/9 | €9,033 | €7,032 | - | - | - | - |
| Non-recurring financial income76B | €138,013 | €18.7m | €115,635 | €21,073 | €24,977 | ▲ 18.5% |
| Financial charges65/66B | €499,580 | €420,289 | -€342,735 | €151,448 | €175,442 | ▲ 15.8% |
| Recurring financial charges65 | €13,263 | €420,289 | -€342,735 | €151,448 | €175,442 | ▲ 15.8% |
| Debt charges650 | €995 | €164 | - | - | - | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | €10,850 | €404,275 | - | - | - | - |
| Other financial charges652/9 | €1,418 | €15,850 | - | - | - | - |
| Non-recurring financial charges66B | €486,317 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €6.1m | €20.3m | €2.3m | €953,654 | €1.8m | ▲ 87.3% |
| Income taxes67/77 | €424,272 | €502,805 | €449,440 | €276,099 | €154,953 | ▼ 43.9% |
| Taxes670/3 | €424,272 | €502,805 | - | - | - | - |
| Profit (loss) for the period9904 | €5.7m | €19.7m | €1.9m | €677,555 | €1.6m | ▲ 141% |
| Transfer from tax-exempt reserves789 | - | €427,200 | €249,200 | €276,281 | €355,219 | ▲ 28.6% |
| Profit (loss) for the period to be appropriated9905 | €5.7m | €20.2m | €2.1m | €953,836 | €2.0m | ▲ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56.5m | €74.5m | €76.4m | €76.7m | €78.5m | ▲ 2.3% |
| Fixed assets21/28 | €23.0m | €20.1m | €20.0m | €20.6m | €23.3m | ▲ 13.0% |
| Tangible fixed assets22/27 | €9.1m | €10.4m | €10.2m | €11.0m | €13.6m | ▲ 24.1% |
| Land and buildings22 | €1.2m | €1.1m | €1.1m | €1.0m | €940,207 | ▼ 6.4% |
| Plant, machinery and equipment23 | - | - | - | - | €103,943 | - |
| Furniture and vehicles24 | €7.9m | €9.3m | €9.0m | €10.0m | €12.6m | ▲ 26.1% |
| Assets under construction and advance payments27 | - | - | €159,091 | €0 | - | - |
| Financial fixed assets28 | €13.9m | €9.7m | €9.8m | €9.6m | €9.6m | ▲ 0.3% |
| Affiliated companies280/1 | €11.4m | €6.9m | - | - | - | - |
| Participating interests280 | €11.4m | €6.9m | - | - | - | - |
| Companies linked by participating interests282/3 | €2.5m | €2.7m | - | - | - | - |
| Participating interests282 | €2.5m | €2.7m | - | - | - | - |
| Current assets29/58 | €33.5m | €54.4m | €56.4m | €56.2m | €55.3m | ▼ 1.6% |
| Amounts receivable after more than one year29 | €2.0m | €1.5m | €400,000 | €400,000 | €400,000 | = |
| Other amounts receivable291 | €2.0m | €1.5m | €400,000 | €400,000 | €400,000 | = |
| Stocks and contracts in progress3 | €535,683 | €545,470 | €294,129 | €56,954 | €69,132 | ▲ 21.4% |
| Stocks30/36 | €535,683 | €545,470 | €294,129 | €56,954 | €69,132 | ▲ 21.4% |
| Goods purchased for resale34 | €535,683 | €545,470 | - | - | - | - |
| Amounts receivable within one year40/41 | €21.9m | €30.2m | €26.3m | €28.2m | €29.3m | ▲ 3.7% |
| Trade receivables40 | €170,269 | €225,891 | €178,432 | €39,557 | €124,523 | ▲ 215% |
| Other amounts receivable41 | €21.7m | €30.0m | €26.1m | €28.2m | €29.1m | ▲ 3.4% |
| Current investments50/53 | €5.1m | €9.1m | €28.7m | €26.5m | €24.3m | ▼ 8.1% |
| Other investments51/53 | €5.1m | €9.1m | - | - | - | - |
| Cash at bank and in hand54/58 | €3.8m | €12.5m | €133,160 | €441,071 | €655,188 | ▲ 48.5% |
| Deferred charges and accrued income490/1 | €183,576 | €477,132 | €570,620 | €541,011 | €536,909 | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56.5m | €74.5m | €76.4m | €76.7m | €78.5m | ▲ 2.3% |
| Equity10/15 | €55.8m | €74.1m | €75.9m | €76.6m | €78.2m | ▲ 2.1% |
| Contributions10/11 | €1.7m | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | €1.7m | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | €1.7m | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €54.1m | €73.8m | €75.7m | €76.3m | €78.0m | ▲ 2.1% |
| Non-distributable reserves130/1 | €174,850 | €174,850 | €174,850 | €174,850 | €174,850 | = |
| Legal reserve130 | €174,850 | €174,850 | €174,850 | €174,850 | €174,850 | = |
| Tax-exempt reserves132 | €1.3m | €880,700 | €631,500 | €355,219 | €0 | ▼ 100% |
| Distributable reserves133 | €52.6m | €72.7m | €74.8m | €75.8m | €77.8m | ▲ 2.6% |
| Amounts payable17/49 | €679,986 | €467,609 | €452,896 | €155,534 | €297,165 | ▲ 91.1% |
| Amounts payable within one year42/48 | €673,817 | €454,972 | €450,655 | €147,367 | €289,188 | ▲ 96.2% |
| Current portion of amounts payable after more than one year42 | €113,700 | €0 | - | - | - | - |
| Trade debts44 | €431,139 | €269,387 | €358,703 | €85,422 | €143,503 | ▲ 68.0% |
| Suppliers440/4 | €431,139 | €269,387 | €358,703 | €85,422 | €143,503 | ▲ 68.0% |
| Taxes, remuneration and social security45 | €118,128 | €174,735 | €81,102 | €51,095 | €45,722 | ▼ 10.5% |
| Taxes450/3 | €82,828 | €142,890 | €47,684 | €20,481 | €20,738 | ▲ 1.3% |
| Remuneration and social security454/9 | €35,301 | €31,845 | €33,419 | €30,614 | €24,984 | ▼ 18.4% |
| Other amounts payable47/48 | €10,850 | €10,850 | €10,850 | €10,850 | €99,964 | ▲ 821% |
| Accrued charges and deferred income492/3 | €6,169 | €12,636 | €2,241 | €8,167 | €7,977 | ▼ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5.7m | €19.7m | €1.9m | €677,555 | €1.6m | ▲ 141% |
| + Depreciation and write-downs630 | €121,301 | €117,476 | €83,049 | €172,710 | €186,585 | ▲ 8.0% |
| Operating cash flow (approximation) | €5.8m | €19.9m | €1.9m | €850,265 | €1.8m | ▲ 114% |
| Investment in fixed assets (approximation) | - | €2.8m | €35,118 | -€774,596 | -€2.9m | ▼ 269% |
| Change in cash | - | €8.7m | -€12.4m | €307,911 | €214,117 | ▼ 30.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €677,555 ▼63.4%
Net result drops to €677,555, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 381.03
Current ratio from 125.09 to 381.03; short-term debt falls from €450,655 to €147,367.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 119.60
Current ratio from 49.65 to 119.60; short-term debt falls from €673,817 to €454,972.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-12
Financial
Liquidity triplescurrent ratio 31.88
Current ratio from 9.93 to 31.88; short-term debt falls from €3.9m to €861,057.
31-12
Financial
Equity above €50mEq €50.1m ▲4.2%
3 profitable years in a row build equity to €50.1m.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €29.8m ▲881%
Net result €29.8m, the highest in the series.
31-12
Financial
Liquidity times 10current ratio 9.93
Current ratio from 0.98 to 9.93; short-term debt falls from €6.6m to €3.9m.
31-12
Financial
Equity above €25mEq €48.1m ▲163%
2 profitable years in a row build equity to €48.1m.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
16 acts for this company are 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 2009
Ground area
756 m²
Building footprint
577 m²
Parcel 44815F1249/00L000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DTRA
since 20092.179.604.252
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1249/00L000 | Flanders | 756 m² | 1 · 577 m² | - |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
99.95%
-
40%
According to the 2025 annual accounts of DTRA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
875500DVPZLASA514Y25
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 1,371 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-04-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46319Wholesale of fruit and vegetables, excluding potatoes
70200Business and other management consultancy
46900Non-specialised wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0810858929
Also
9925:BE0810858929
Registered
09-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.