Turnover
≈ €200,000 estimated
The accounts state no turnover.
Special Trading
Lifetime
14 annual accounts with figures on one time axispeak €200,464 (2021)
€71,828▲ 2.1%
lowest -€4,597 (2023)
€3,491▲ €5,735
peak €379,814 (2022)
€376,464▲ 0.9%
€120,174▼ 16.5%
peak 0.6 FTE (2014)
-not published
Board1 name since 2011
1 directorVAN ZELE Bart
Documentsfilings and deeds
07-11-20257 days late
2025abbreviated format
Back to profit: €3,491Debts from €144,000 to €120,174
Key points
from the 2025 annual accountsFilings
14 annual accounts 10 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
75.8%
Higher solvency than 82% of companies in rental and leasing. Sector median 35.9% · 1,142 companies.
Checked score
96
Excellent
Financially stronger than 70% of micro companies in rental and leasing (NACE 77)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%▲ +0.2 percentage points vs 10-2025highest value
12-2025: 0.1%▼ -0.4 percentage points vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 11-11-2025)
lowers risk
Liquidity: current ratio 3.54, cash €185,932
Equity €376,464 (75.8% of total assets)
Founded in 2011
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 77, micro). It does better than 92% of them on solvency, 91% on liquidity, 51% on profitability and 45% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-03-2025.
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).
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as Special Trading has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
That fits the bankruptcy probability of Special Trading itself: 0.1% within 12 months.
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 6,049 companies, not a prediction for Special Trading. 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 €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.54 (3.31 in 2024), above the usual 1.5. Short-term debt is 21.6% and cash 37.4% of total assets. 24.2% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-11-2025, 7 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
2026
not filed
2025
7 days late
2024
4 days late
2023
on the day
2022
3 days early
2021
3 days late
2020
30 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 7 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0835924719
Company renamed from Special Renting Van Zele to Special Trading
Registered office moved to Zele · New registered office: Herderstraat 8, 9240 Zele · Reappointment: VAN ZELE Bart (director) · General meeting of 27-03-2024 · Gazette deed
Incorporation
published on 12-05-2011 · Gazette deed
First establishment
Warandestraat 4, Zele
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Special Trading Zele | €496,639 | €71,828 | 75.8% | - |
| TUZLA GROUPE Berchem-Sainte-Agathe | €469,945 | €87,421 | 57.4% | - |
| FLOOR MASTER Hulshout | €504,121 | €96,777 | 95.0% | - |
| Location et Manutention Gouvy | €556,999 | €57,548 | 39.7% | - |
| LMV INVEST Zonnebeke | €649,852 | €55,317 | 59.9% | - |
| GROUPE DALLA VALLE INVESTISSEMENTS Saint-Ghislain | €596,740 | €71,742 | 30.3% | - |
| BERT BETON BETONPOMPEN Malle | €342,759 | €87,210 | 23.2% | 1.7 |
These companies have the same main activity as Special Trading: rental and leasing activities (NACE 77320). They are comparable in size and age: total assets between €343,000 and €650,000, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 02-05-2011Normal situation
- Activity
- Rental and leasing activitiesNACE 77320and 8 others
- Establishment unit
- 2.199.226.3629240 Zele, since 02-05-2011
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Insights on Special Trading
Special Trading files the abbreviated format. That format states no turnover. The gross margin rose from €55,628 in 2012 to €71,828 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 Special Trading
- What is the company number of Special Trading?
- The company number of Special Trading is 0835.924.719. The VAT number is the same number with BE in front: BE 0835.924.719.
- Where is Special Trading based?
- The registered office is at Herderstraat 8, 9240 Zele.Company details
- What does Special Trading do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77320).
- What is the legal form of Special Trading?
- Special Trading is a private limited company (BV).
- When was Special Trading founded?
- Special Trading was founded on 02-05-2011.
- Is Special Trading still active?
- Yes, Special Trading is an active enterprise in the KBO register.
- What is the turnover of Special Trading?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €71,828 and 1,300 comparable companies of the same size. It probably lies between €120,000 and €380,000. It is a rough estimate.Financials
- Is Special Trading profitable?
- In financial year 2025, Special Trading made a profit of €3,491.
- Where can I find the annual accounts of Special Trading?
- Special Trading filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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