TRA TE E IL MARE
ActiveSummary
The computed 12-month bankruptcy probability of TRA TE E IL MARE is 1.8% (moderate). The 2024 annual accounts show equity of €235,520 and a net result of €5,463. Equity is growing by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 67% of 18935 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-2
Solvency74▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.47 in 2023; short-term debt: 39.4% and cash: 7.8% of total assets), and 51% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
65 d late
2022
12 d early
2021
117 d late
2020
60 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5,463▼ 55.0%
2023 · €12,140
Working capital
-€58,063▲ 26.3%
2023 · -€78,781
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€41,089▲ 42.7%€125,898▲ 206%€10,258▼ 91.9%€40,511▲ 295%€15,606▼ 61.5%
Net result€28,246above the sector's middle half▲ 34.3%€113,255above the sector's middle half▲ 301%€3,860within the sector's middle half▼ 96.6%€12,140within the sector's middle half▲ 214%€5,463within the sector's middle half▼ 55.0%
Equity€100,803above the sector's middle half▲ 38.9%€214,058above the sector's middle half▲ 112%€217,918above the sector's middle half▲ 1.8%€230,058above the sector's middle half▲ 5.6%€235,520above the sector's middle half▲ 2.4%
Total assets€269,253above the sector's middle half▼ 8.4%€432,694above the sector's middle half▲ 60.7%€449,600above the sector's middle half▲ 3.9%€474,815above the sector's middle half▲ 5.6%€480,225above the sector's middle half▲ 1.1%
Debt€168,451▼ 23.9%€218,636▲ 29.8%€231,682▲ 6.0%€244,757▲ 5.6%€244,704=
Working capital-€17,028within the sector's middle half▲ 83.1%-€126,263below the sector's middle half▼ 642%-€110,248below the sector's middle half▲ 12.7%-€78,781below the sector's middle half▲ 28.5%-€58,063below the sector's middle half▲ 26.3%
Solvency37.4%within the sector's middle half▲ 12.8pp49.5%within the sector's middle half▲ 12.0pp48.5%within the sector's middle half▼ 1.0pp48.5%within the sector's middle half=49.0%within the sector's middle half▲ 0.6pp
Current ratio0.88within the sector's middle half▲ 0.370.22below the sector's middle half▼ 0.660.26below the sector's middle half▲ 0.040.47below the sector's middle half▲ 0.210.69within the sector's middle half▲ 0.23
Return on assets (ROA)10.5%within the sector's middle half▲ 3.3pp26.2%above the sector's middle half▲ 15.7pp0.9%within the sector's middle half▼ 25.3pp2.6%within the sector's middle half▲ 1.7pp1.1%within the sector's middle half▼ 1.4pp
Staff (FTE)6.5
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 61% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €480,225
Fixed assets
€348,885 ▼ 14.1%
Current assets
€131,340 ▲ 90.9%
Equity and liabilities €480,225
Equity
€235,520 ▲ 2.4%
Debt
€244,704 =
Debt's share of the balance-sheet total falls from 51.5% to 51.0%. Equity is higher.
Key figures and ratios
EBITDA
€101,791▼
2023 · €133,988
Cash flow
€91,647▼
2023 · €105,617
Quick ratio
0.61▲
2023 · 0.44
Debt to equity
1.04▼
2023 · 1.06
ROE
2.3%▼
2023 · 5.3%
Interest coverage
12.67▲
2023 · 11.91
Debt ≤ 1 year
€189,403▲
2023 · €147,571
Debt > 1 year
€55,302▼
2023 · €97,186
Income taxes
€2,171▼
2023 · €17,155
Staff costs
€60,801▲
2023 · €55,562
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €92,498 | €53,238 | €55,562 | €60,801 | ▲ 9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,643 | €56,084 | €76,734 | €93,477 | €86,185 | ▼ 7.8% |
| Other operating charges640/8 | - | €4,290 | €6,737 | €4,243 | €318 | ▼ 92.5% |
| Gross operating margin9900 | €158,612 | €278,770 | €146,968 | €193,792 | €162,910 | ▼ 15.9% |
| Operating profit (loss)9901 | €41,089 | €125,898 | €10,258 | €40,511 | €15,606 | ▼ 61.5% |
| Financial income75/76B | - | €35 | €15 | €30 | €61 | ▲ 107% |
| Recurring financial income75 | €71 | €35 | €15 | €30 | €61 | ▲ 107% |
| Financial charges65/66B | - | €6,637 | €5,522 | €11,246 | €8,033 | ▼ 28.6% |
| Recurring financial charges65 | €4,189 | €6,637 | €5,522 | €11,246 | €8,033 | ▼ 28.6% |
| Profit (loss) for the period before taxes9903 | €36,971 | €119,296 | €4,750 | €29,295 | €7,634 | ▼ 73.9% |
| Income taxes67/77 | €8,725 | €6,041 | €890 | €17,155 | €2,171 | ▼ 87.3% |
| Profit (loss) for the period9904 | €28,246 | €113,255 | €3,860 | €12,140 | €5,463 | ▼ 55.0% |
| Profit (loss) for the period to be appropriated9905 | €28,246 | €113,255 | €3,860 | €12,140 | €5,463 | ▼ 55.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €269,253 | €432,694 | €449,600 | €474,815 | €480,225 | ▲ 1.1% |
| Fixed assets21/28 | €146,228 | €397,361 | €411,758 | €406,025 | €348,885 | ▼ 14.1% |
| Tangible fixed assets22/27 | €122,128 | €373,261 | €387,658 | €381,925 | €324,785 | ▼ 15.0% |
| Plant, machinery and equipment23 | - | €194,904 | €226,272 | €203,731 | €196,041 | ▼ 3.8% |
| Furniture and vehicles24 | - | €151,079 | €142,131 | €166,922 | €116,621 | ▼ 30.1% |
| Other tangible fixed assets26 | - | €27,279 | €19,256 | €11,272 | €12,123 | ▲ 7.5% |
| Financial fixed assets28 | €24,100 | €24,100 | €24,100 | €24,100 | €24,100 | = |
| Current assets29/58 | €123,025 | €35,333 | €37,842 | €68,790 | €131,340 | ▲ 90.9% |
| Stocks and contracts in progress3 | €3,131 | €3,131 | €3,686 | €3,501 | €15,501 | ▲ 343% |
| Stocks30/36 | - | €3,131 | €3,686 | €3,501 | €15,501 | ▲ 343% |
| Amounts receivable within one year40/41 | €35,286 | €8,211 | €17,761 | €30,044 | €75,415 | ▲ 151% |
| Trade receivables40 | - | - | €17,393 | €14,979 | €8,329 | ▼ 44.4% |
| Other amounts receivable41 | - | €8,211 | €368 | €15,065 | €67,085 | ▲ 345% |
| Cash at bank and in hand54/58 | €81,642 | €19,663 | €16,395 | €32,951 | €37,532 | ▲ 13.9% |
| Deferred charges and accrued income490/1 | - | €4,327 | - | €2,294 | €2,893 | ▲ 26.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €269,253 | €432,694 | €449,600 | €474,815 | €480,225 | ▲ 1.1% |
| Equity10/15 | €100,803 | €214,058 | €217,918 | €230,058 | €235,520 | ▲ 2.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €11,752 | €11,752 | €11,752 | €11,752 | €11,752 | = |
| Non-distributable reserves130/1 | - | €11,752 | €11,752 | €11,752 | €11,752 | = |
| Reserves not available under the articles1311 | - | €11,752 | €11,752 | €11,752 | €11,752 | = |
| Profit (loss) carried forward14 | €70,451 | €183,706 | €187,566 | €199,706 | €205,168 | ▲ 2.7% |
| Amounts payable17/49 | €168,451 | €218,636 | €231,682 | €244,757 | €244,704 | = |
| Amounts payable after more than one year17 | €28,398 | €57,040 | €83,592 | €97,186 | €55,302 | ▼ 43.1% |
| Financial debts170/4 | - | €57,040 | €83,592 | €97,186 | €55,302 | ▼ 43.1% |
| Amounts payable within one year42/48 | €140,053 | €161,596 | €148,090 | €147,571 | €189,403 | ▲ 28.3% |
| Current portion of amounts payable after more than one year42 | - | €36,872 | €40,775 | €44,354 | €45,610 | ▲ 2.8% |
| Trade debts44 | €81,508 | €96,415 | €72,727 | €83,674 | €78,544 | ▼ 6.1% |
| Suppliers440/4 | - | €96,415 | €72,727 | €83,674 | €78,544 | ▼ 6.1% |
| Advances received on contracts in progress46 | - | - | - | - | €12,000 | - |
| Taxes, remuneration and social security45 | - | €14,721 | €18,714 | €19,544 | €20,125 | ▲ 3.0% |
| Taxes450/3 | - | - | €7,312 | €8,919 | €2,180 | ▼ 75.6% |
| Remuneration and social security454/9 | - | €14,721 | €11,402 | €10,625 | €17,944 | ▲ 68.9% |
| Other amounts payable47/48 | - | €13,588 | €15,873 | - | €33,124 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,246 | €113,255 | €3,860 | €12,140 | €5,463 | ▼ 55.0% |
| + Depreciation and write-downs630 | €54,643 | €56,084 | €76,734 | €93,477 | €86,185 | ▼ 7.8% |
| Operating cash flow (approximation) | €82,889 | €169,340 | €80,594 | €105,617 | €91,647 | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | -€307,217 | -€91,131 | -€87,744 | -€29,045 | ▲ 66.9% |
| Change in cash | - | -€61,979 | -€3,268 | €16,556 | €4,580 | ▼ 72.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €3,860 ▼96.6%
Net result drops to €3,860, the lowest in the series; recovery starts the following year.
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
2021
31-12
Financial
Highest result since 2018net €113,255 ▲301%
Operating result €125,898, net result €113,255, both a record.
31-12
Financial
Equity above €200,000Eq €214,058 ▲112%
4 profitable years in a row build equity to €214,058.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Equity above €100,000Eq €100,803 ▲38.9%
3 profitable years in a row build equity to €100,803.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 112 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 92 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Walcourt · 1 establishment unit since 2013
Ground area
247 m²
Building footprint
159 m²
Parcel 93076D0297/00B009, Wallonia. Linked by address, not a title deed.
1 establishment unit
TRA TE E IL MARE
since 20132.219.394.642
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93076D0297/00B009 | Wallonia | 247 m² | 1 · 159 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWalcourt2.219.394.642
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,467. 8,197 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
Founded21-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0534719725
Also
9925:BE0534719725
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.