Equity
€81,782 ▲ 29.7%
S-TRADE has made a profit without a break since 2022.
S-TRADE
Lifetime
16 annual accounts with figures on one time axis, 18 filings since 2007peak €47,125 (2016)
€33,159▲ 12.0%
lowest -€32,280 (2008)
€18,719▲ 11.5%
peak €81,782 (2024)
€81,782▲ 29.7%
€49,692▼ 13.1%
Board1 name since 2023
1 directorSCHOENMAEKERS Mark August Emelia
Documentsfilings and deeds
16-08-202516 days late
2024micro format
Gross margin from €29,594 to €33,159Equity from €63,063 to €81,782Cash from €4,451 to €591
Key points
from the 2024 annual accountsChecked score
57
Fair
Financially stronger than 65% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.6%highest value
01-2025: 0.9%▼ -1.7 percentage points vs 12-2024
02-2025: 1.0%▲ +0.1 percentage points vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 0.9%▼ -0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: 1.2%▲ +0.2 percentage points vs 07-2025
09-2025: 0.5%▼ -0.7 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026lowest value
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.1%▲ +0.2 percentage points vs 08-2026
10-2026: 1.6%▲ +0.5 percentage points vs 09-2026
11-2026: 1.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 16-08-2025)
Liquidity: current ratio 2.62, cash €591, halved
1 financial year not filed after the legal deadline; last filed accounts filed 16 days late; 1 of the last 3 accounts late
lowers risk
Founded in 2007
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 68, micro). It does better than 73% of them on solvency, 26% on liquidity, 83% on profitability and 80% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as S-TRADE has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of S-TRADE itself is higher: 1.6% within 12 months. It rests on far more data about S-TRADE than the profile alone.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for S-TRADE. 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
Credit of up to €4,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.62 (2.07 in 2023), above the usual 1.5. Short-term debt is 37.8% and cash 0.4% of total assets. 37.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 16 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-08-2025, 16 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
16 days late
2023
139 days late
2022
27 days late
2021
31 days late
2020
11 days late
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 52 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Resignation: SCHOENMAEKERS Mark August Emelia (director)
Reappointment: SCHOENMAEKERS Mark August Emelia (director) · “tekst zoals hierna opgenomen” (deed in Dutch) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0888384594
Incorporation
published on 10-04-2007 · Gazette deed
First establishment
Stevennekens 153, Rijkevorsel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| S-TRADE Rijkevorsel | €131,474 | €33,159 | 62.2% | - |
| OIKO Antwerp | €147,444 | €21,761 | 91.6% | - |
| INTERCESSION Kapellen | €102,289 | €34,995 | 56.6% | - |
| ADVIESBUREAU MARTIN PATRIK Berlaar | €111,933 | €44,968 | 38.6% | - |
| PROJECT INTERNATIONAL Beveren-Kruibeke-Zwijndrecht | €134,241 | €30,884 | 53.5% | - |
| DVR estate Dendermonde | €125,004 | €26,207 | 86.5% | - |
| APCYS Wavre | €131,385 | €47,560 | -13.7% | - |
These companies have the same main activity as S-TRADE: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €102,000 and €147,000, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 30-03-2007Normal situation
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.160.944.2242310 Rijkevorsel, since 30-03-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Insights on S-TRADE
S-TRADE files the micro format. That format states no turnover. The gross margin rose from -€1,883 in 2007 to €33,159 in 2024.
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 S-TRADE
- What is the company number of S-TRADE?
- The company number of S-TRADE is 0888.384.594. The VAT number is the same number with BE in front: BE 0888.384.594.
- Where is S-TRADE based?
- The registered office is at Stevennekens 153, 2310 Rijkevorsel.Company details
- What does S-TRADE do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of S-TRADE?
- S-TRADE is a private limited company (BV).
- When was S-TRADE founded?
- S-TRADE was founded on 30-03-2007.
- Is S-TRADE still active?
- Yes, S-TRADE is an active enterprise in the KBO register.
- What is the turnover of S-TRADE?
- The turnover in financial year 2024 is ≈ €91,000. This figure is estimated from the gross margin of €33,159 and 32 comparable companies (NACE 681). It probably lies between €50,000 and €190,000. In financial year 2021 turnover was €119,102.Financials
- Is S-TRADE profitable?
- In financial year 2024, S-TRADE made a profit of €18,719.
- Where can I find the annual accounts of S-TRADE?
- S-TRADE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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