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MaTrad

Active Private limited companyfounded 2002active for 23 yearsRue Barthélémy Frison 13B, 7500 TournaiKBO/BCE: BE 0479.104.279

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €25,063 (2015)
-€6,075▼ €206
lowest -€7,362 (2024)
-€7,360unchanged
peak €93,284 (2013)
€6,469▼ 53.2%
€2,954▼ 82.7%
Board1 name since 2002
1 director
Documentsfilings and deeds
25-03-2026128 days before the deadline
2025micro format
Loss of €7,360Equity from €13,829 to €6,469Debts from €17,030 to €2,954Cash from €2,751 to €643

Key points

from the 2025 annual accounts

Equity

€6,469 from €93,284 in 2013

Equity fell by 93% in 12 years.

Losses

-€14,722 in two years
-7,3622024-7,3602025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Liquidity

3.19 was 1.81 in 2024

Short-term debts fell from €17,030 to €2,954.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,828 companies had the same profile as MaTrad has now. Each dot stands for 15 companies, two years later.

84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,828 companies, not a prediction for MaTrad. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 20-10-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479104279
Company renamed from to MaTraD Change of role: , from manager to director · Director discharge: Mathieu DERONNE · Gazette deed
Registered office moved from Lamain to Tournai New registered office: Rue Barthélémy Frison 13B- bte B-107 à 7500 TOURNAI · Previous registered office: Rue des Morts 13 à 7522 LAMAIN · General meeting of 29-06-2021 · Gazette deed
First establishment Rue des Morts 13, Tournai
All 34 events

Comparable companies

same main activity, similar in size and age
Company
MaTrad Tournai €9,423 -€6,075 68.6% -
FRENCH CONNECTION Mont-Saint-Guibert €11,154 -€12,711 -428.1% -
SAVU EuLogos Oupeye €8,522 -€3,746 12.7% -
PURE Gembloux €7,292 €661 92.5% -
BLUE QUEEN/BLUE QUEEN PRODUCTIONS Zaventem €12,617 -€268 -219.0% -
KATAKLOP Heist-op-den-Berg €6,102 -€1,087 75.1% -
T.B.H. Halen €16,123 -€4,176 92.8% -

These companies have the same main activity as MaTrad: translation services (NACE 74301). They are comparable in size and age: total assets between €6,100 and €16,100, founded between 1999 and 2010.

Official details

Source: KBO
Status
Active since 20-12-2002Normal situation
Activity
Translation servicesNACE 74301
Establishment unit
2.115.246.9307522 Tournai, since 29-01-2003
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€9,423▼ 69.5%
Filing
Filed on 25-03-2026, 128 days before the end of the filing period
Financials

Insights on MaTrad

MaTrad files the micro format. That format states no turnover. The gross margin fell from €9,907 in 2006 to -€6,075 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MaTrad

What is the company number of MaTrad?
The company number of MaTrad is 0479.104.279. The VAT number is the same number with BE in front: BE 0479.104.279.
Where is MaTrad based?
The registered office is at Rue Barthélémy Frison 13B, 7500 Tournai.Company details
What does MaTrad do?
According to the KBO register, the main activity is translation services (NACE 74301).
What is the legal form of MaTrad?
MaTrad is a private limited company (BV).
When was MaTrad founded?
MaTrad was founded on 20-12-2002.
Is MaTrad still active?
Yes, MaTrad is an active enterprise in the KBO register.
What is the turnover of MaTrad?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MaTrad profitable?
In financial year 2025, MaTrad made a loss of €7,360.
Where can I find the annual accounts of MaTrad?
MaTrad filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MaTrad due?
MaTrad must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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