GRADUTRADE
ActiveGRADUTRADE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €1k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 1500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-3
Solvency97▼-2
Growth68=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 2.67 in 2024), and 46.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
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
53.9%
Return on assets
1.2%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
20 d late
2023
169 d early
2022
3 d early
2021
10 d late
2020
10 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€420k▲ 62.0%
2018 · €259k
2018: €259k
2018 → 2019
EBIT margin
2.2%▲ 0.7pp
2018 · 1.5%
2018: 1.5%
2018 → 2019
Net result
€1k▼ 20.9%
2024 · €1k
2018: €2k
2019: €9k
2020: €12k
2021: €7k
2022: €5k
2023: €9k
2024: €1k
2018 → 2025
Working capital
€44k▼ 3.2%
2024 · €45k
2018: €2k
2019: €4k
2020: €18k
2021: €30k
2022: €35k
2023: €46k
2024: €45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€39k▲ 14.3%€48k▲ 23.6%€49k▲ 2.9%€50k▲ 2.2%
Operating result€8k-€2k▼ 71.7%€10k▲ 349%€4k▼ 57.3%€3k▼ 36.6%
Net result€7k-€5k▼ 27.5%€9k▲ 88.2%€1k▼ 84.7%€1k▼ 20.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€6k▲ 69.9%
Current assets
€87k▲ 19.8%
Equity and liabilities €93k
Equity
€50k▲ 2.2%
Debt
€43k▲ 58.1%
The debt ratio rises from 35.6% to 46.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€5k▲
2024 · €5k
Cash flow
€3k▲
2024 · €2k
Solvency
53.9%▼
2024 · 64.4%
Current ratio
2.02▼
2024 · 2.67
Quick ratio
2.02▼
2024 · 2.67
Debt / equity
0.86▲
2024 · 0.55
ROE
2.2%▼
2024 · 2.8%
ROA
1.2%▼
2024 · 1.8%
Interest coverage
65.33▲
2024 · 51.49
Debt
€43k▲
2024 · €27k
Debt ≤ 1 year
€43k▲
2024 · €27k
Income taxes
€2k▼
2024 · €3k
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€76k€93k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Furniture and vehicles24€4k€6k▲
Financial fixed assets28€29€354▲
Current assets29/58€73k€87k▲
Amounts receivable within one year40/41€66k€82k▲
Trade receivables40€55k€79k▲
Other amounts receivable41€11k€3k▼
Cash at bank and in hand54/58€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€76k€93k▲
Equity10/15€49k€50k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€30k€32k▲
Amounts payable17/49€27k€43k▲
Amounts payable within one year42/48€27k€43k▲
Trade debts44€25k€38k▲
Suppliers440/4€25k€38k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€649€659▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€440€2k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€2k€421▼
Gross operating margin9900€11k€7k▼
Operating profit (loss)9901€4k€3k▼
Financial charges65/66B€95€76▼
Recurring financial charges65€95€76▼
Profit (loss) for the period before taxes9903€4k€3k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€1k€1k▼
Profit (loss) for the period to be appropriated9905€1k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€32k▲
Profit (loss) brought forward from the previous period14P€29k€30k▲
The notes to these accounts (6 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €1k ▼20.9%
Net result drops to €1k, the lowest in the series.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Highest result since 2018net €12k ▲35.6%
Operating result €15k, net result €12k, both a record.
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Zemst · 1 establishment unit since 2012
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.
Peter Benoitlaan 141980 ZemstGround area
262 m²
Building footprint
94 m²
Volume, LiDAR
462 m³
Parcel 23096C0668/00N000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRADUTRADE
since 20122.212.380.255
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096C0668/00N000 | Flanders | 262 m² | 1 · 94 m² | 8.1 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.
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Of 1,435 companies in sector 77110 we hold annual accounts for 724. 475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2012
Fiscal year end30-09
Activities, NACEBEL
77110Renting and leasing of cars and light motor vehicles
49410Freight transport by road
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.