S-TRADE
ActiveS-TRADE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82k and a net result of €19k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+1
Solvency87▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 2.07 in 2023; short-term debt: 37.8% and cash: 0.4% of total assets), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Filed after the deadline
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. 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
not confirmed
2024
16 d late
2023
139 d late
2022
27 d late
2021
31 d late
2020
11 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€119k
EBIT margin
-11.5%
Net result
€19k▲ 11.5%
2023 · €17k
2018: €5k
2019: €2k
2020: €15k
2021: €-17k
2022: €14k
2023: €17k
2018 → 2024
Working capital
€81k▲ 31.8%
2023 · €61k
2018: €32k
2019: €33k
2020: €47k
2021: €33k
2022: €46k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€119k
Equity€50k-€33k▼ 33.9%€46k▲ 41.4%€63k▲ 36.3%€82k▲ 29.7%
Operating result€24k-€-14k€21k€24k▲ 15.8%€29k▲ 19.1%
Net result€15k-€-17k€14k€17k▲ 24.0%€19k▲ 11.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €131k
Fixed assets
€1k▼ 41.7%
Current assets
€130k▲ 10.1%
Equity and liabilities €131k
Equity
€82k▲ 29.7%
Debt
€50k▼ 13.1%
The debt ratio falls from 47.5% to 37.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2023 · €25k
Cash flow
€19k▲
2023 · €17k
Solvency
62.2%▲
2023 · 52.5%
Current ratio
2.62▲
2023 · 2.07
Quick ratio
2.43▲
2023 · 1.90
Debt / equity
0.61▼
2023 · 0.91
ROE
22.9%▼
2023 · 26.6%
ROA
14.2%▲
2023 · 14.0%
Interest coverage
15.01▲
2023 · 10.92
Debt
€50k▼
2023 · €57k
Debt ≤ 1 year
€50k▼
2023 · €57k
Income taxes
€8k▲
2023 · €5k
Staff costs
€3k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€120k€131k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€118k€130k▲
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€92k€120k▲
Trade receivables40€5k€4k▼
Other amounts receivable41€87k€116k▲
Cash at bank and in hand54/58€4k€591▼
Deferred charges and accrued income490/1€13k€0▼
Equity and liabilities
Total equity and liabilities10/49€120k€131k▲
Equity10/15€63k€82k▲
Contributions10/11€19k€19k=
Reserves13€31k€31k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€14k€32k▲
Amounts payable17/49€57k€50k▼
Amounts payable within one year42/48€57k€50k▼
Current portion of amounts payable after more than one year42€14k€0▼
Financial debts43€0€7k▲
Credit institutions430/8€0€7k▲
Trade debts44€15k€14k▼
Suppliers440/4€15k€14k▼
Advances received on contracts in progress46€12k€0▼
Taxes, remuneration and social security45€17k€29k▲
Taxes450/3€17k€29k▲
Income statement
Code20232024
Remuneration, social security and pensions62€2k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€450€747▲
Other operating charges640/8€3k€783▼
Gross operating margin9900€30k€33k▲
Operating profit (loss)9901€24k€29k▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€22k€27k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€17k€19k▲
Profit (loss) for the period to be appropriated9905€17k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€32k▲
Profit (loss) brought forward from the previous period14P€-3k€14k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
31-12
Financial
Highest result since 2018net €19k ▲11.5%
Operating result €29k, net result €19k, both a record.
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 139 days late
2023
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-17k ▼210%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Rijkevorsel · 1 establishment unit since 2007
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.
Stevennekens 1532310 RijkevorselGround area
108 m²
Building footprint
108 m²
Volume, LiDAR
512 m³
Parcel 13502D0128/00V000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
S-TRADE
since 20072.160.944.224
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502D0128/00V000 | Flanders | 108 m² | 1 · 108 m² | 8.0 m · 1 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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UBUNTU
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MAHO INVEST
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BATIWALL
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,255 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2007
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
52610
47120Other non-specialised retail sale
47910Retail trade
62010Computer programming, consultancy and related activities
62100Computer programming
72220
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@s-trade.be