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TRA&CO

Active Private limited companyfounded 2007active for 19 yearsTrootstraat 6, 3721 HasseltKBO/BCE: BE 0893.232.319

Lifetime

11 annual accounts with figures on one time axis
peak €61,971 (2025)
€61,971▲ 14.4%
peak €30,229 (2025)
€30,229▲ 33.6%
peak €182,355 (2023)
€149,564▲ 4.4%
€140,782▼ 4.4%
Board1 name since 2007
Documentsfilings and deeds
05-12-202557 days before the deadline
2025micro format
Gross margin from €54,177 to €61,971Result from €22,626 to €30,229Dividend €23,898Cash from €84,582 to €111,609

Key points

from the 2025 annual accounts

Equity

€149,564 ▲ 4.4%
143,2332024+30,229Profit-23,898Dividend149,5642025

TRA&CO paid out €23,898 in dividends. That is 79% of the 2025 profit.

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Filings

11 annual accounts since 2008
deadline2010201520202025

The last five annual accounts were filed 13 to 72 days before the end of the period.

Checked score

94
Excellent
Financially stronger than 55% of micro companies in architecture and engineering (NACE 71)
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: 0.1% across 14,828 companies (NACE 71, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

77+3equity 51.5% of total assets
83+11short-term debt 34.6% · cash 38.4%
82+4return on assets 10.4%

Score breakdown

lowers risk
Liquidity: current ratio 1.24, cash €111,609
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €290,346
Equity €149,564 (51.5% of total assets)
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 71, micro). It does better than 49% of them on solvency, 72% on liquidity, 51% on profitability and 49% 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 30-06-2025.

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, 34,693 companies had the same profile as TRA&CO 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
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of TRA&CO 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.

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 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 TRA&CO. 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 €14,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.24 (1.18 in 2024), below the usual 1.5. Short-term debt is 34.6% and cash 38.4% of total assets. 48.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.24, cash €111,609
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: total assets €290,346
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €149,564 (51.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-12-2025, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
72 days early
2023
55 days early
2022
13 days early
2021
49 days early
2020
41 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 7 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VM
Director, since 24-10-2007
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0893232319
Company renamed from TROOT Architect to TRA&CO Appointment: VANDEREYCKEN Maarten (director) · “Het uitoefenen van alle activiteiten die behoren tot het beroep van architect of ermee verwant zijn; De studie…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 15-12-2021 · Gazette deed
Incorporation published on 13-11-2007 · Gazette deed
First establishment Trootstraat 6, Hasselt
All 18 events

Comparable companies

same main activity, similar in size and age
Company
TRA&CO Hasselt €290,346 €61,971 51.5% -
ARCHITECTENBUREAU DE WYNGAERT Hasselt €315,949 €59,975 30.1% -
ARCHITECTENDUO GEUBBELMANS-ANDRIES Hasselt €307,304 €60,139 36.8% -
Architectuurburo Lindelauf, Vanderhoydonk & Jamaer Bilzen-Hoeselt €288,650 €72,498 16.9% -
Architectenbureau ARCHIpal Pelt €277,864 €53,141 87.7% -
NAPA Sint-Truiden €309,394 €71,494 76.3% -
ARCHICON ARCHITECTEN Heers €297,368 €61,292 34.1% -

These companies have the same main activity as TRA&CO: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €278,000 and €316,000, founded between 2006 and 2010.

Official details

Source: KBO
Status
Active since 02-11-2007Normal situation
Activity
Activities of building architectsNACE 71111and 4 others
Establishment unit
2.203.531.7763721 Hasselt, since 02-11-2007
Financial year end
30 June
Peppol
Reachable since 08-04-2025
Company details

Annual accounts to 30-06-2025

€290,346▼ 0.1%
Filing
Filed on 05-12-2025, 57 days before the end of the filing period
Financials

Insights on TRA&CO

TRA&CO files the micro format. That format states no turnover. The gross margin rose from €6,636 in 2008 to €61,971 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 TRA&CO

What is the company number of TRA&CO?
The company number of TRA&CO is 0893.232.319. The VAT number is the same number with BE in front: BE 0893.232.319.
Where is TRA&CO based?
The registered office is at Trootstraat 6, 3721 Hasselt.Company details
What does TRA&CO do?
According to the KBO register, the main activity is activities of building architects (NACE 71111).
What is the legal form of TRA&CO?
TRA&CO is a private limited company (BV).
When was TRA&CO founded?
TRA&CO was founded on 02-11-2007.
Is TRA&CO still active?
Yes, TRA&CO is an active enterprise in the KBO register.
What is the turnover of TRA&CO?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €61,971 and 30 comparable companies (NACE 71111). It probably lies between €120,000 and €270,000.Financials
Is TRA&CO profitable?
In financial year 2025, TRA&CO made a profit of €30,229.
Where can I find the annual accounts of TRA&CO?
TRA&CO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRA&CO due?
TRA&CO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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