La Trace
ActiveSummary
La Trace has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83,947 and a net result of €1,304. Equity has been growing by about 4.1% per year since 2018. Its solvency ranks better than 58% of 663 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-05-1996 Normal situation
- Activity
- Other social work without accommodation NACE 88999
- Establishment unit
- 2.197.555.289 1060 Sint-Gillis (bij-Brussel), since 01-01-2008
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Florence CORDIDaily manager
- Anne NouwynckDirector · since 14-03-2017
- Hanane AnejouiDirector · since 16-06-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €20,411
- ▲ 16.6%
- Surplus
- €1,304
- ▼ 39.2%
- Equity
- €83,947
- ▲ 1.6%
- Total assets
- €141,928
- ▼ 2.9%
- Employees on 31-12-2025
- 14
Score breakdownraises riskSize: turnover €20,411, 8.5 FTE, total assets €141,928lowers riskLegal form: non-profit associationLiquidity: current ratio 2.54, cash €67,419Equity €83,947 (59.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 88, micro). It does better than 67% of them on solvency, 71% on liquidity, 26% on profitability and 57% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 27-06-2026 at the NBB all 20 filings
Every figure per financial year
The operating result for 2025 is 50% lower than in 2024.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 14 |
| full-time | 5 |
| part-time | 9 |
| in full-time equivalents | 8 |
| Average over the year, in full-time equivalents | 8.5 |
| On a permanent contract | 9 |
| Joined | 6 |
| Left | 6 |
Source: social balance sheet in the 2025 annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €20,658 | €17,702 | €9,117 | €10,054 | €12,816 | €17,499 | €17,499 | €20,411 | ▲ 16.6% |
| Membership fees, donations, legacies and grants73 | - | - | - | €531,665 | €585,577 | €559,443 | €607,399 | €656,038 | ▲ 8.0% |
| Non-recurring operating income76A | - | - | - | €13,003 | €8,426 | €2,891 | €914 | €0 | ▼ 100% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €62,323 | €79,176 | €73,064 | €89,793 | €99,909 | ▲ 11.3% |
| Remuneration, social security and pensions62 | - | - | - | €483,948 | €505,850 | €495,097 | €518,520 | €573,795 | ▲ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,915 | €7,410 | €6,903 | €6,125 | €4,246 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €948 | €433 | €642 | €289 | €275 | ▼ 4.6% |
| Non-recurring operating charges66A | - | - | - | €898 | - | €19,612 | €10,862 | €2,603 | ▼ 76.0% |
| Gross operating margin9900 | €397,919 | €454,523 | €458,599 | €492,396 | €527,642 | €506,768 | €531,850 | €577,767 | ▲ 8.6% |
| Operating profit (loss)9901 | -€10,518 | €2,813 | €11,148 | €476 | €17,114 | -€8,583 | €2,179 | €1,093 | ▼ 49.8% |
| Financial income75/76B | - | - | - | - | - | €218 | €197 | €520 | ▲ 164% |
| Recurring financial income75 | €21 | €4 | - | - | - | €218 | €197 | €520 | ▲ 164% |
| Financial charges65/66B | - | - | - | €114 | €128 | €135 | €171 | €153 | ▼ 10.9% |
| Recurring financial charges65 | €216 | €157 | €123 | €114 | €128 | €135 | €171 | €153 | ▼ 10.9% |
| Profit (loss) for the period before taxes9903 | -€10,713 | €2,660 | €11,026 | €362 | €16,986 | -€8,500 | €2,204 | €1,460 | ▼ 33.8% |
| Income taxes67/77 | - | - | - | - | - | €65 | €59 | €156 | ▲ 164% |
| Profit (loss) for the period9904 | -€10,913 | €3,466 | €11,026 | €362 | €16,986 | -€8,566 | €2,145 | €1,304 | ▼ 39.2% |
| Profit (loss) for the period to be appropriated9905 | -€10,913 | €3,466 | €11,026 | €362 | €16,986 | -€8,566 | €2,145 | €1,304 | ▼ 39.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €160,766 | €171,135 | €172,531 | €163,967 | €184,226 | €173,312 | €146,141 | €141,928 | ▼ 2.9% |
| Fixed assets21/28 | €24,683 | €17,474 | €10,571 | €4,446 | €200 | €200 | €200 | €200 | = |
| Tangible fixed assets22/27 | €24,683 | €17,274 | €10,371 | €4,246 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €4,246 | - | - | - | - | - |
| Financial fixed assets28 | - | €200 | €200 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €136,083 | €153,662 | €161,960 | €159,521 | €184,026 | €173,112 | €145,941 | €141,728 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €78,843 | €86,722 | €88,448 | €94,908 | €134,239 | €100,676 | €112,985 | €66,768 | ▼ 40.9% |
| Trade receivables40 | - | - | - | €396 | €553 | €1,028 | €445 | €384 | ▼ 13.6% |
| Other amounts receivable41 | - | - | - | €94,512 | €133,686 | €99,647 | €112,541 | €66,384 | ▼ 41.0% |
| Cash at bank and in hand54/58 | €53,973 | €62,101 | €70,008 | €56,057 | €40,543 | €62,556 | €24,377 | €67,419 | ▲ 177% |
| Deferred charges and accrued income490/1 | - | - | - | €8,555 | €9,243 | €9,880 | €8,579 | €7,541 | ▼ 12.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €160,766 | €171,135 | €172,531 | €163,967 | €184,226 | €173,312 | €146,141 | €141,928 | ▼ 2.9% |
| Equity10/15 | €63,506 | €65,272 | €74,593 | €73,255 | €89,063 | €80,497 | €82,643 | €83,947 | ▲ 1.6% |
| Contributions10/11 | - | - | - | - | €33,288 | €33,288 | €33,288 | €33,288 | = |
| Capital10 | - | - | - | - | €33,288 | €33,288 | €33,288 | €33,288 | = |
| Profit (loss) carried forward14 | €23,935 | €27,401 | €38,427 | €38,789 | €55,775 | €47,209 | €49,354 | €50,659 | ▲ 2.6% |
| Investment grants15 | - | - | - | €1,178 | - | - | - | - | - |
| Amounts payable17/49 | €97,260 | €105,863 | €97,937 | €90,712 | €95,163 | €92,814 | €63,498 | €57,981 | ▼ 8.7% |
| Amounts payable after more than one year17 | €29,629 | €29,629 | €4,629 | €4,629 | €4,629 | €2,314 | €2,314 | - | - |
| Financial debts170/4 | - | - | - | - | - | - | €2,314 | - | - |
| Other amounts payable178/9 | - | - | - | €4,629 | €4,629 | €2,314 | - | - | - |
| Amounts payable within one year42/48 | €67,431 | €76,235 | €92,843 | €86,076 | €90,534 | €90,501 | €57,314 | €55,872 | ▼ 2.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | - | €27 | - |
| Financial debts43 | - | - | - | €36 | €3 | €223 | €108 | - | - |
| Credit institutions430/8 | - | - | - | €36 | €3 | €223 | €108 | - | - |
| Trade debts44 | €2,612 | €2,919 | €2,903 | €2,748 | €3,510 | €668 | €3,142 | €22,373 | ▲ 612% |
| Suppliers440/4 | - | - | - | €2,748 | €3,510 | €668 | €3,142 | €22,373 | ▲ 612% |
| Taxes, remuneration and social security45 | - | - | - | €83,272 | €87,001 | €77,337 | €54,064 | €33,472 | ▼ 38.1% |
| Taxes450/3 | - | - | - | €14,786 | €14,981 | €19,773 | €12,818 | - | - |
| Remuneration and social security454/9 | - | - | - | €68,486 | €72,019 | €57,563 | €41,246 | €33,472 | ▼ 18.8% |
| Accrued charges and deferred income492/3 | - | - | - | €7 | - | - | €3,870 | €2,109 | ▼ 45.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,913 | €3,466 | €11,026 | €362 | €16,986 | -€8,566 | €2,145 | €1,304 | ▼ 39.2% |
| + Depreciation and write-downs630 | €7,915 | €7,410 | €6,903 | €6,125 | €4,246 | - | - | - | - |
| Operating cash flow (approximation) | -€2,997 | €10,876 | €17,929 | €6,487 | €21,232 | -€8,566 | €2,145 | €1,304 | ▼ 39.2% |
| Investment in fixed assets (approximation) | - | -€200 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €8,128 | €7,907 | -€13,951 | -€15,514 | €22,013 | -€38,179 | €43,042 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as La Trace has now. Two years later, 94.4% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of La Trace itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for La Trace. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 27-06-2026 | 2026-00207303 | |
| 31-12-2024 | full format | 30-07-2025 | 2025-00327587 | |
| 31-12-2023 | full format | 04-07-2024 | 2024-00205895 | |
| 31-12-2022 | full format | 20-07-2023 | 2023-00254577 | |
| 31-12-2021 | full format | 26-07-2022 | 2022-20221328 | |
| 31-12-2020 | full format | 29-07-2021 | 2021-41600263 | |
| 31-12-2019 | full format | 21-10-2020 | 2020-62100327 | |
| 31-12-2018 | full format | 30-07-2019 | 2019-39800115 | |
| 31-12-2017 | full format | 24-07-2018 | 2018-36300511 | |
| 31-12-2016 | full format | 25-07-2017 | 2017-34700183 |
Board & ownership
Directors
Board 5
Day-to-day management 1
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Mandate history
- Board
- Day-to-day management
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Emel Bergsoj |
|
| Anne Nouwynck |
|
| Hanane Anejoui |
|
| Vandystadt Bryce |
|
| Chloé Anthoine |
|
| Florence CORDI |
|
| Latiffa Mrabtifi |
|
| John Van Den Plas |
|
Network & group
Board mandates elsewhere
1 board mandateCompanies at the same address
4 other companies- Meyer, Thibaut (sole trader) Establishment · since 01-04-2026Founded in 2026 1035.412.543
- Fédération des acteurs de l'intervention et de l'accompagnement psychosociaux par la nature et l'aventure Registered office · since 20-11-2025Founded in 2025 1030.599.165
- Association des copropriétaires à Saint-Gilles, Rue d'Andenne 79 Registered office · since 11-10-2022Founded in 2022 0793.843.446
- Pierquin-Rifflet, Florian (sole trader) Establishment · since 01-09-2022Founded in 2022 0790.544.753
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Deeds, filings and financial milestones
14-07
Gazette deed
Appointment: Chloé Anthoine (director)Withdrawals: Rudy Tesla, Anaïs Misson and 3 others · Admissions: Sophie Andersen, Ghislaine van Rijckevorsel and 4 others12 points ▸
- General meeting, 09-06-2026
- Director appointment, Chloé Anthoine
- Board composition, Béatrice Jochmans (director)
- Board composition, Hanane Anejoui (director)
- Board composition, Chloé Anthoine (director)
- Board composition, Bryce Vandystadt (director)
- Member resignation, Rudy Tesla
- Member resignation, Anaïs Misson
- Member resignation, Cristiano de Oliveira Ventura
- Member resignation, Xavier Liétar
- Member resignation, Matthieu Marion
- Member admission, Sophie Andersen
- The deed holds 8 more points.
21-08
Gazette deed
Appointment: Florence CORDI (déléguée à la représentation et à la gestion journalière)5 points ▸
- General meeting, 22-04-2025
- Board composition, Hanane ANEJOUI (director)
- Board composition, Béatrice JOCHMANS (director)
- Board composition, Bryce VANDYSTADT (director)
- Director appointment, Florence CORDI (déléguée à la représentation et à la gestion journalière)
- The deed holds 1 more point.
16-07
Gazette deed
1 director appointed, 2 directors reappointedAppointment: Bryce Vandystadt (director) · Reappointments: Anne Nouwynck (director) and Hanane Anejoui (director) · Withdrawals: Coline De Vleeschouwer (member) and Laura de Saqui (member)12 points ▸
- General meeting, 04-06-2024
- Director appointment, Bryce Vandystadt
- Director reappointment, Anne Nouwynck
- Director reappointment, Hanane Anejoui
- Board composition, Anne Nouwynck (director)
- Board composition, Béatrice Jochmans (director)
- Board composition, Hanane Anejoui (director)
- Board composition, Emel Bergsoj (director)
- Board composition, Bryce Vandystadt (director)
- Member resignation, Coline De Vleeschouwer
- Member resignation, Laura de Saqui
- Member admission, Pierre Guyaux
- The deed holds 3 more points.
03-10
Gazette deed
Withdrawals: Olivier Martin, Thomas Vansteenkiste and 2 othersAdmissions: Béatrice, Bryce and Elodie8 points ▸
- General meeting, 06-06-2023
- Member resignation, Olivier Martin
- Member resignation, Thomas Vansteenkiste
- Member resignation, Victor Linberg
- Member resignation, Maheen Zahid
- Member admission, Béatrice (personne physique)
- Member admission, Bryce (personne physique)
- Member admission, Elodie (représente)
- The deed holds 16 more points.
14-10
Gazette deed
1 director appointed, 1 director resigningResignation: Latiffa Mrabtifi (director) · Appointment: Emel Bergsoj (director) · Admissions: Emel Bergsoj, Dounia Golomb and 2 others12 points ▸
- General meeting, 17-05-2022
- Director resignation, Latiffa Mrabtifi
- Director appointment, Emel Bergsoj
- Member admission, Emel Bergsoj
- Member admission, Dounia Golomb
- Member admission, Laura De Saqui
- Member admission, Sébastien Alexandre
- Member resignation, Jhon Van Den Plas
- Member resignation, Anne Stockmans
- Member resignation, Latiffa Mrabtifi
- Member resignation, Maheen Zahid
- Member resignation, Cibely Ayeres Silva
- The deed holds 1 more point.
Show earlier events
29-11
Gazette deed
Resignation: John Van Den Plas (director)2 points ▸
- General meeting, 15-06-2021
- Director resignation, John Van Den Plas
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21562A0122/00Y013 | Brussels | 312 m² | 1 · 309 m² | 17.9 m · 1 |