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TRA

Active
Private limited companyfounded 20242 yrs activeBrugsesteenweg 228, 8740 Pittem, BelgiumKBO/BCE: BE 1004.405.504
Summary

TRA has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,029 and a net result of €9,203. Its solvency ranks better than 32% of 16666 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability78▼-22
Solvency64▲+7
Growth52
Track record82
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.67 in 2024; short-term debt: 28.3% and cash: 4.5% of total assets), but 60.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
39.3%
Return on assets
7.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 2 filings
Deviation from the deadline
2025
30 d late
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TRA was incorporated on 9 January 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€47,029▲ 24.3%
2024 · €37,826
Total assets
€119,534▼ 0.2%
2024 · €119,737
Net result
€9,203▼ 75.0%
2024 · €36,826
Working capital
€29,319▲ 57.9%
2024 · €18,568
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€47,783-€12,349▼ 74.2%
Net result€36,826-€9,203▼ 75.0%
Equity€37,826-€47,029▲ 24.3%
Total assets€119,737-€119,534▼ 0.2%
Debt€81,911-€72,505▼ 11.5%
Working capital€18,568-€29,319▲ 57.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2024: €47,783€47,783Net result 2024: €36,826€36,826Operating result 2025: €12,349€12,349Net result 2025: €9,203€9,20320242025€0€20,000€40,000Operating result 2024: €47,783€47,800Net result 2024: €36,826€36,800Operating result 2025: €12,349€12,300Net result 2025: €9,203€9,20020242025
The operating result falls in 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119,534
Fixed assets €56,410 ▼ 23.3%
Current assets €63,124 ▲ 36.7%
Equity and liabilities €119,534
Equity €47,029 ▲ 24.3%
Debt €72,505 ▼ 11.5%
Debt's share of the balance-sheet total falls from 68.4% to 60.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,497▼
2024 · €59,276
Cash flow
€26,352▼
2024 · €48,319
Current ratio
1.87▲
2024 · 1.67
Debt to equity
1.54▼
2024 · 2.17
ROE
19.6%▼
2024 · 97.4%
ROA
7.7%▼
2024 · 30.8%
Interest coverage
15.55▼
2024 · 32.71
Debt ≤ 1 year
€33,804▲
2024 · €27,610
Debt > 1 year
€38,700▼
2024 · €54,300
Income taxes
€3,506▼
2024 · €10,085
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€119,737€119,534▼
Fixed assets21/28€73,559€56,410▼
Tangible fixed assets22/27€73,559€56,410▼
Furniture and vehicles24€73,559€56,410▼
Current assets29/58€46,178€63,124▲
Amounts receivable within one year40/41€42,872€52,276▲
Trade receivables40€11,838-
Other amounts receivable41€31,034€52,276▲
Cash at bank and in hand54/58€3,306€5,369▲
Deferred charges and accrued income490/1-€5,479
Equity and liabilities
Total equity and liabilities10/49€119,737€119,534▼
Equity10/15€37,826€47,029▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€36,826€46,029▲
Amounts payable17/49€81,911€72,505▼
Amounts payable after more than one year17€54,300€38,700▼
Financial debts170/4€54,300€38,700▼
Amounts payable within one year42/48€27,610€33,804▲
Current portion of amounts payable after more than one year42€15,600€15,600=
Trade debts44€1,925€4,614▲
Suppliers440/4€1,925€4,614▲
Taxes, remuneration and social security45€10,085€13,591▲
Taxes450/3€10,085€13,591▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,492€17,149▲
Other operating charges640/8€965€486▼
Gross operating margin9900€60,241€29,984▼
Operating profit (loss)9901€47,783€12,349▼
Financial income75/76B€940€2,257▲
Recurring financial income75€940€2,257▲
Financial charges65/66B€1,812€1,897▲
Recurring financial charges65€1,812€1,897▲
Profit (loss) for the period before taxes9903€46,911€12,709▼
Income taxes67/77€10,085€3,506▼
Profit (loss) for the period9904€36,826€9,203▼
Profit (loss) for the period to be appropriated9905€36,826€9,203▼
Appropriation of the result
Profit (loss) to be appropriated9906€36,826€46,029▲
Profit (loss) brought forward from the previous period14P-€36,826

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,492€17,149▲ 49.2%
Other operating charges640/8€965€486▼ 49.6%
Gross operating margin9900€60,241€29,984▼ 50.2%
Operating profit (loss)9901€47,783€12,349▼ 74.2%
Financial income75/76B€940€2,257▲ 140%
Recurring financial income75€940€2,257▲ 140%
Financial charges65/66B€1,812€1,897▲ 4.7%
Recurring financial charges65€1,812€1,897▲ 4.7%
Profit (loss) for the period before taxes9903€46,911€12,709▼ 72.9%
Income taxes67/77€10,085€3,506▼ 65.2%
Profit (loss) for the period9904€36,826€9,203▼ 75.0%
Profit (loss) for the period to be appropriated9905€36,826€9,203▼ 75.0%
Line20242025Change
Assets
Total assets20/58€119,737€119,534▼ 0.2%
Fixed assets21/28€73,559€56,410▼ 23.3%
Tangible fixed assets22/27€73,559€56,410▼ 23.3%
Furniture and vehicles24€73,559€56,410▼ 23.3%
Current assets29/58€46,178€63,124▲ 36.7%
Amounts receivable within one year40/41€42,872€52,276▲ 21.9%
Trade receivables40€11,838--
Other amounts receivable41€31,034€52,276▲ 68.4%
Cash at bank and in hand54/58€3,306€5,369▲ 62.4%
Deferred charges and accrued income490/1-€5,479-
Equity and liabilities
Total equity and liabilities10/49€119,737€119,534▼ 0.2%
Equity10/15€37,826€47,029▲ 24.3%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€36,826€46,029▲ 25.0%
Amounts payable17/49€81,911€72,505▼ 11.5%
Amounts payable after more than one year17€54,300€38,700▼ 28.7%
Financial debts170/4€54,300€38,700▼ 28.7%
Amounts payable within one year42/48€27,610€33,804▲ 22.4%
Current portion of amounts payable after more than one year42€15,600€15,600=
Trade debts44€1,925€4,614▲ 140%
Suppliers440/4€1,925€4,614▲ 140%
Taxes, remuneration and social security45€10,085€13,591▲ 34.8%
Taxes450/3€10,085€13,591▲ 34.8%
Line20242025Change
Profit (loss) for the period9904€36,826€9,203▼ 75.0%
+ Depreciation and write-downs630€11,492€17,149▲ 49.2%
Operating cash flow (approximation)€48,319€26,352▼ 45.5%
Investment in fixed assets (approximation)-€0-
Change in cash-€2,063-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Pittem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
901 m²
Building footprint
171 m²
Volume, LiDAR
1,032 m³
Parcel 37003C0251/00D000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
TRA
Brugsesteenweg 228, 8740 PittemWholesale trade
since 20242.355.289.959
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37003C0251/00D000 Flanders 901 m² 1 · 171 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 538 EUR awarded · 449 EUR paid
Year Entries awardedpaid
2025 1 538 EUR449 EUR
Schemes
1 entry · 538 EUR · 449 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 5,993 companies in sector 86940 we hold annual accounts for 1,808. 1,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
86940Nursing and midwifery
86995Nutrition and dietetics services
88101Social work activities without accommodation

Scores and ratios are computed by Checked and are not a credit decision.