Etrax
ActiveSummary
The computed 12-month bankruptcy probability of Etrax is 2.1% (moderate). The 2024 annual accounts show equity of €74,748 and a net result of €51,420. Its solvency ranks better than 86% of 26040 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 93 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 39,275 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,010 | €1,670 | ▲ 65.3% |
| Other operating charges640/8 | €392 | - | - |
| Gross operating margin9900 | €20,156 | €67,767 | ▲ 236% |
| Operating profit (loss)9901 | €18,754 | €66,097 | ▲ 252% |
| Financial income75/76B | €6 | €13 | ▲ 131% |
| Recurring financial income75 | €6 | €13 | ▲ 131% |
| Financial charges65/66B | €55 | €1,391 | ▲ 2,424% |
| Recurring financial charges65 | €55 | €1,391 | ▲ 2,424% |
| Profit (loss) for the period before taxes9903 | €18,704 | €64,718 | ▲ 246% |
| Income taxes67/77 | €3,876 | €13,299 | ▲ 243% |
| Profit (loss) for the period9904 | €14,828 | €51,420 | ▲ 247% |
| Profit (loss) for the period to be appropriated9905 | €14,828 | €51,420 | ▲ 247% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €35,465 | €95,735 | ▲ 170% |
| Fixed assets21/28 | €7,240 | €5,570 | ▼ 23.1% |
| Intangible fixed assets21 | €6,924 | €5,404 | ▼ 22.0% |
| Tangible fixed assets22/27 | €316 | €166 | ▼ 47.5% |
| Furniture and vehicles24 | €316 | €166 | ▼ 47.5% |
| Current assets29/58 | €28,226 | €90,166 | ▲ 219% |
| Stocks and contracts in progress3 | €2,935 | €2,935 | = |
| Stocks30/36 | €2,935 | €2,935 | = |
| Amounts receivable within one year40/41 | €22,730 | €59,060 | ▲ 160% |
| Trade receivables40 | €2,945 | €59,060 | ▲ 1,905% |
| Other amounts receivable41 | €19,785 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €376 | €27,940 | ▲ 7,336% |
| Deferred charges and accrued income490/1 | €2,185 | €231 | ▼ 89.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €35,465 | €95,735 | ▲ 170% |
| Equity10/15 | €23,328 | €74,748 | ▲ 220% |
| Contributions10/11 | €8,500 | €8,500 | = |
| Profit (loss) carried forward14 | €14,828 | €66,248 | ▲ 347% |
| Amounts payable17/49 | €12,137 | €20,987 | ▲ 72.9% |
| Amounts payable within one year42/48 | €11,648 | €20,987 | ▲ 80.2% |
| Trade debts44 | €2,355 | €2,000 | ▼ 15.1% |
| Suppliers440/4 | €2,355 | €2,000 | ▼ 15.1% |
| Taxes, remuneration and social security45 | €5,318 | €7,793 | ▲ 46.5% |
| Taxes450/3 | €5,318 | €7,793 | ▲ 46.5% |
| Other amounts payable47/48 | €3,974 | €11,194 | ▲ 182% |
| Accrued charges and deferred income492/3 | €489 | €0 | ▼ 100% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14,828 | €51,420 | ▲ 247% |
| + Depreciation and write-downs630 | €1,010 | €1,670 | ▲ 65.3% |
| Operating cash flow (approximation) | €15,839 | €53,090 | ▲ 235% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €27,564 | - |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24109B0716/00H004 | Flanders | 498 m² | 1 · 259 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.