IMMO TRADEC
ActiveIMMO TRADEC has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.41M and a net result of €194k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+1
Solvency100=
Growth66▲+16
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.25M at 30 days acceptable
short-term debt: 0.4% and cash: 24% of total assets, and 0.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
99.6%
Return on assets
1.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
36 d late
2023
61 d late
2022
18 d early
2021
12 d early
2020
4 d early
2019
17 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€89k▲ 8.3%
2022 · €82k
2018: €76k
2019: €19k
2020: €292k
2021: €79k
2022: €82k
2018 → 2023
EBIT margin
-177.4%▼ 54.7pp
2022 · -122.7%
2018: -139.7%
2019: -674.2%
2020: -44.5%
2021: -248.1%
2022: -122.7%
2018 → 2023
Net result
€194k▲ 338%
2024 · €44k
2018: €88k
2019: €130k
2020: €271k
2021: €-24k
2022: €12.09M
2023: €-26k
2024: €44k
2018 → 2025
Working capital
€15.33M▲ 1.9%
2024 · €15.05M
2018: €1.68M
2019: €1.19M
2020: €1.21M
2021: €1.27M
2022: €14.50M
2023: €14.46M
2024: €15.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€79k-€82k▲ 4.0%€89k▲ 8.3%
Equity€4.10M-€16.20M▲ 295%€16.17M▼ 0.2%€16.21M▲ 0.3%€16.41M▲ 1.2%
Operating result€-196k-€-101k▲ 48.6%€-158k▼ 56.6%€-206k▼ 30.4%€-236k▼ 14.5%
Net result€-24k-€12.09M€-26k€44k€194k▲ 338%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €236k in 2025 against €206k 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 €16.48M
Fixed assets
€1.08M▼ 7.5%
Current assets
€15.40M▲ 2.1%
Equity and liabilities €16.48M
Equity
€16.41M▲ 1.2%
Debt
€72k▲ 85.5%
The debt ratio rises from 0.2% to 0.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-126k▼
2024 · €-101k
Cash flow
€305k▲
2024 · €149k
Solvency
99.6%▼
2024 · 99.8%
Debt / equity
0.00▲
2024 · 0.00
ROE
1.2%▲
2024 · 0.3%
ROA
1.2%▲
2024 · 0.3%
Interest coverage
-2.29▼
2024 · -2.03
Debt
€72k▲
2024 · €39k
Debt ≤ 1 year
€72k▲
2024 · €39k
Income taxes
€53k▲
2024 · €133
A ratio outside any meaningful range has been withheld (balance sheet total €16.48M, equity €16.41M).
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€16.25M€16.48M▲
Fixed assets21/28€1.16M€1.08M▼
Tangible fixed assets22/27€1.16M€1.08M▼
Land and buildings22€1.07M€1.00M▼
Plant, machinery and equipment23-€12k
Furniture and vehicles24€89k€62k▼
Financial fixed assets28€19€19=
Current assets29/58€15.09M€15.40M▲
Amounts receivable within one year40/41€121k€146k▲
Trade receivables40€0-
Other amounts receivable41€121k€146k▲
Current investments50/53€14.39M€11.29M▼
Cash at bank and in hand54/58€565k€3.95M▲
Deferred charges and accrued income490/1€16k€13k▼
Equity and liabilities
Total equity and liabilities10/49€16.25M€16.48M▲
Equity10/15€16.21M€16.41M▲
Contributions10/11€2.19M€2.19M=
Capital10€2.19M€2.19M=
Issued capital100€2.19M€2.19M=
Reserves13€14.00M€14.00M=
Non-distributable reserves130/1€219k€219k=
Legal reserve130€219k€219k=
Distributable reserves133€13.78M€13.78M=
Profit (loss) carried forward14€20k€215k▲
Amounts payable17/49€39k€72k▲
Amounts payable within one year42/48€39k€72k▲
Trade debts44€32k€23k▼
Suppliers440/4€32k€23k▼
Taxes, remuneration and social security45€6k€49k▲
Taxes450/3€6k€49k▲
Accrued charges and deferred income492/3-€83
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€110k▲
Other operating charges640/8€37k€38k▲
Gross operating margin9900€-64k€-88k▼
Operating profit (loss)9901€-206k€-236k▼
Financial income75/76B€301k€539k▲
Recurring financial income75€301k€539k▲
Financial charges65/66B€50k€55k▲
Recurring financial charges65€50k€55k▲
Profit (loss) for the period before taxes9903€45k€247k▲
Income taxes67/77€133€53k▲
Profit (loss) for the period9904€44k€194k▲
Profit (loss) for the period to be appropriated9905€44k€194k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€215k▲
Profit (loss) brought forward from the previous period14P€-24k€20k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (12 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
01-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Board meeting7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Board meeting7 facts ▸
- General meeting, 2026-06-30
- Director reappointment, Annelies Goos (bestuurder)
- Director reappointment, Dirk De Cuyper (bestuurder)
- Director reappointment, Peter De Cuyper (bestuurder)
- Board meeting, 2026-06-30
- Director reappointment, Dirk De Cuyper (gedelegeerd bestuurder)
- Director reappointment, Peter De Cuyper (gedelegeerd bestuurder)
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 7 days late
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 36 days late
2024
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-26k ▼100%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €12.09M
Net result €12.09M after one loss-making year.
31-12
Financial
Liquidity times 451current ratio 978.62
Current ratio from 2.17 to 978.62; short-term debt falls from €1.08M to €15k.
31-12
Financial
Equity above €10MEq €16.20M ▲295%
Equity rises from €4.10M to €16.20M.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26357481). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Annelies Goos
CurrentDirector · since 30-06-2026
Dirk De Cuyper
CurrentManaging director · since 30-06-2026
Peter De Cuyper
CurrentDirector · since 30-06-2026
30-06-2026
Annelies Goos: Mandate renewed as Director
30-06-2026
Dirk De Cuyper: Mandate renewed as Managing director
30-06-2026
Dirk De Cuyper: Mandate renewed as Director
30-06-2026
Peter De Cuyper: Mandate renewed as Director
30-06-2026
Peter De Cuyper: Mandate renewed as Managing director
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 1990
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.
Collegebaan 2C9090 Merelbeke-MelleGround area
2,448 m²
Building footprint
764 m²
Volume, LiDAR
9,471 m³
Parcel 44040D0127/00B002, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Collegebaan 2C, 9090 Merelbeke-Melle
since 19902.047.232.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040D0127/00B002 | Flanders | 2,448 m² | 1 · 764 m² | 16.6 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600HIMCYMMVBODF37
Similar companies · same sector, comparable size
MIMMO
BE 0433.084.412
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ROCHER III
BE 1006.866.433
Aalst · Eq €16.44M
GKAN Partners
BE 1016.112.414
Aalter · Eq €16.46M
Immo IRB
BE 1017.492.485
Sint-Jans-Molenbeek · Eq €16.29M
LES FOUGERES
BE 0440.231.530
Waasmunster · Eq €16.53M
Of 12,014 companies in sector 68203 we hold annual accounts for 5,981. 1,369 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-1989
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.