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TRACE

Active Public limited companyfounded 1989active for 37 yearsDrève des Chataigniers 22, 1410 WaterlooKBO/BCE: BE 0436.990.839
TRACE
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Overview

Lifetime

19 annual accounts with figures on one time axis, 37 filings since 1989
peak €123,169 (2025)
€123,169▲ 3.8%
lowest -€460,599 (2020)
€38,217▲ 13.5%
peak €1.1m (2009)
-€247,571▲ €38,217
€864,272▼ 5.6%
Board2 names since 2019
2 directorsROSE Francis and 1 other
Documentsfilings and deeds
10-04-202620 days before the deadline
2025micro format
Reappointments: ROSE Francis (managing director) and VANDERHO… 19-09Equity from -€285,788 to -€247,571

Key points

from the 2025 annual accounts

Equity

-€247,571
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€864,272 140% of the balance sheet
Financial debts 5%Suppliers 2%Taxes and wages 2%Other 91%

Of this, €815,957 falls due within a year.

Position in the sector

-€247,571

Less equity than 95% of companies in advertising and market research. Sector median €58,793 · 8,618 companies.

Checked score

54
Fair
Financially stronger than 31% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,228 companies (NACE 73, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%lowest value 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: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points 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: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.2%▼ -0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Weak

0=equity -40.1% of total assets
12-3short-term debt 132.3% · cash 9.8%
76+1return on assets 6.2%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€247,571
lowers risk
Size: total assets €616,701
Founded in 1989
Figures for financial year 2025 (filed on 17-04-2026)
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 73, micro). It does better than 5% of them on solvency, 8% on liquidity, 49% on profitability and 64% on growth.

The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.

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, 317 companies had the same profile as TRACE has now. Each dot is one company, two years later.

91.8%
were still trading
4.1%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 2.5% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of TRACE itself is lower: 0.2% within 12 months. It rests on far more data about TRACE than the profile alone.

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 317 companies, not a prediction for TRACE. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.08 (0.09 in 2024), below 1. Short-term debt is 132.3% and cash 9.8% of total assets. Equity is negative.

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

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€247,571
NBB · annual accounts
lowers risk · Size: total assets €616,701
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 · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 17-04-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 8611 sector peers (2025).
NBB · sector comparison
Position among 8611 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
20 days early
2024
30 days early
2023
7 days early
2022
17 days early
2021
23 days early
2020
24 days early
2019
on the day
← 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 17 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 10 April (5 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
30-09-2026 year end09-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RF
ROSE Francis
Managing director
VD
VANDERHOFSTADT Dominique
Director, since 25-03-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0436990839
Reappointments: ROSE Francis (managing director) and VANDERHOFSTADT Dominique (director) General meeting of 25-03-2025 · Gazette deed
Merger: TRACE takes over IMMOBILIERE DE LA COURONNE The company holds all the shares of IMMOBILIERE DE LA COURONNE · General meeting of 27-05-2020 · Gazette deed
Merger proposal: TRACE SA takes over IMMOBILIERE DE LA COURONNE SA The company holds all the shares of IMMOBILIERE DE LA COURONNE SA · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
TRACE Waterloo €616,701 €123,169 -40.1% -
Expertisebureau Peeters en Partners Zutendaal €566,296 €144,809 82.2% 0.8
CHASSART CONSULT Fleurus €543,381 €103,029 98.3% -
BANCO Auderghem €688,901 €137,727 45.5% -
ZEEZICHT Antwerp €661,958 €126,291 41.6% -
FORMAC CONSULT Verviers €724,662 €152,305 61.0% -
BECANUS & CO Antwerp €588,201 €134,256 77.5% 0.7

These companies have the same main activity as TRACE: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €543,000 and €725,000, founded between 1986 and 1991.

Official details

Source: KBO
Status
Active since 15-01-1989Normal situation
Activity
Market research and public opinion pollingNACE 73200
Establishment unit
2.042.802.3801410 Waterloo, since 03-04-1989
Financial year end
30 September
Peppol
Reachable since 05-12-2025
Company details

Annual accounts to 30-09-2025

€123,169▲ 3.8%
≈ €230,000estimated
€38,217▲ 13.5%
-€247,571▲ 13.4%
€616,701▼ 2.1%
Filing
Filed on 10-04-2026, 20 days before the end of the filing period
Financials

Insights on TRACE

TRACE files the micro format. That format states no turnover. The gross margin rose from €23,597 in 2007 to €123,169 in 2025.

In September 2025, the Official Gazette published the appointment of ROSE Francis as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 10-04-2026, 20 days before the deadline
€123,169
▲ 3.8%
€54,352
▲ 11.7%
€110,532
▲ 3.5%
€94,396
▲ 2.8%
-40.1%
▲ 5.2 percentage points
0.08
▼ 0.01

The turnover shown is an estimate from the gross margin.

Turnover ≈ €230,000. Estimated: probably between €170,000 and €450,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €616,701 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-40.1%

Higher than 8% of 8,611 companies in 2025.

0.08

Lower than 95% of 8,288 companies in 2025.

6.2%

Higher than 41% of 8,397 companies in 2025.

TRACE Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 616,701630,172648,646680,251701,119762,2161.1m1.1m1.1m1.1m1.1m1.2m1.2m1.2m1.3m1.3m1.4m1.5m1.5m
21/28 549,978548,715550,143604,501667,435736,4981.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m
21 --------0-0-------0
22/27 549,953548,690550,118604,476667,410736,473131,660137,610144,025150,238140,219148,411153,723126,942127,596128,666130,169141,209156,873
22 321,325328,077339,479350,881362,283373,967123,467123,806124,145124,485124,824125,163125,502125,841126,180126,519126,858127,198127,537
23 174,721219,377209,046253,595305,126361,4011,5261,2271,3931,0421,2842,096---007901,557
24 53,9081,2361,593--1,1046,66712,57718,48624,71114,11221,15328,2211,1011,4152,1473,31013,22127,779
26 --------0-0-------0
28 252525252525945,693945,693945,693945,693945,693945,693945,693945,693945,693945,693945,693945,693945,693
29/58 66,72381,45798,50375,75033,68425,7183,92710,4799,77212,27114,91483,702118,847165,638270,799267,193323,440370,595417,340
3 ----3,693--------------
30/36 ----3,693--------------
40/41 02,2823,03110,8013,1112,4321,9925,5192,7093,8644,8785,01528,75126,6756,8093,28160,83980,635116,935
40 067-7,698170--5,5192,7093,8644,8785,01527,2968,4035,7853,06714,02011,45319,473
41 02,2153,0313,1022,9402,4321,992-----1,45518,2731,02421446,81969,18297,463
54/58 60,64875,12289,79961,66421,11919,2441,0714,9607,0648,40710,03577,87589,600137,350263,991263,449262,601289,960300,032
490/1 6,0754,0535,6733,2865,7624,042864----8114971,612-463--372
Balance sheet: equity and liabilities
10/49 616,701630,172648,646680,251701,119762,2161.1m1.1m1.1m1.1m1.1m1.2m1.2m1.2m1.3m1.3m1.4m1.5m1.5m
10/15 -247,571-285,788-319,446-340,684-361,068-337,580123,0191.0m1.0m996,539987,726973,7691.1m1.1m1.1m1.1m1.1m1.1m1.1m
10/11 62,00062,00062,00062,00062,00062,00062,000948,500948,500948,500948,500948,50062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,00062,000--------------
100 62,00062,00062,00062,00062,00062,00062,000948,500948,500948,500948,500948,50062,00062,00062,00062,00062,00062,00062,000
13 63,90263,90263,90263,90263,90263,90263,90263,90242,05932,59932,59932,59932,59932,59932,59932,59932,59932,59932,599
130/1 28,04228,04228,04228,04228,04228,042-------------
130 28,04228,04228,04228,04228,04228,04228,04228,0426,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
133 35,85935,85935,85935,85935,85935,85935,85935,85935,85926,39926,39926,39926,39926,39926,39926,39926,39926,39926,399
14 -373,472-411,690-445,348-466,585-486,970-463,482-2,883-15,44115,4416,627-7,330985,090985,672990,322979,1051.0m980,995987,237
17/49 864,272915,960968,0921.0m1.1m1.1m958,26281,38093,490111,662113,100204,037138,575158,003259,167267,848304,551381,903438,070
17 47,01430,27567,231109,352150,845191,715-----4,7179,728-----7,024
170/4 47,01430,27567,231109,352150,845191,715-----4,7179,728-----7,024
42/48 815,957882,239899,014909,781909,531906,987958,26281,38093,490111,662113,100199,320128,847158,003259,167267,848304,551381,903431,046
42 8,26136,95642,12041,49340,87129,120----4,7175,0114,873---5856,3816,395
44 16,62310,95122,31117,85312,72810,257-2,748010,9313,1962,1983,4542,5529,1153768,26912,2852,726
440/4 16,62310,95122,31117,85312,72810,257-2,748-10,9313,1962,1983,4542,5529,1153768,26912,2852,726
46 ----4,000--------------
45 15,00413,0684,708397380425-7,41312,4086,4775,628102,3624,3462,5423,5007922,80302,156
450/3 15,00413,0684,708397380425-7,41312,4086,4775,628102,3624,3462,5423,5007922,80302,156
47/48 776,069821,265829,874850,038851,552867,186958,26271,21981,08394,25499,55989,750116,174152,909246,551266,680292,894363,237419,769
492/3 1,3013,4451,8471,8021,8121,093-------------
Income statement
70 -----------------0106,673
9900 123,169118,688102,26399,21866,89255,6145,36820,25035,54930,46832,3993,97716,9467,02418,5025,56818,66711,47623,597
60/61 -----------------083,076
630 56,17958,20161,44262,93473,41466,6326,9407,13113,86612,8968,1928,2137,6111,2271,5511,50311,04016,17516,072
640/8 12,63811,77912,34912,2989,9087,5141,2101,6331,5402,3351,6291,9393,4251,7572,53431,1223,8821,6151,626
66A 066---440,521-------------
9901 54,35248,64228,47223,987-16,429-459,052-2,78211,48620,14315,23822,579-6,1755,9104,04014,417-27,0563,745-6,3135,899
75/76B --203-2,7340-06925,1731,1508279934,87918,7499261,406
75 --203-2,7340-06925,1731,1508279934,87918,7499261,406
65/66B 1,2811,9172,5473,2176,6793,8581037361,4682,6884,9986,2197,4989,6001371552,1059281,311
65 1,2811,9172,5473,2176,6793,8581037361,4682,6884,9986,2197,4989,6001371552,1059281,311
9903 53,07246,72525,94520,773-23,109-460,176-2,88510,75018,67512,55517,672-7,222-437-4,73315,273-22,33220,389-6,3145,994
67/77 14,85413,0674,708388380423-24,3499,2143,7423,715198144-824,056-1,2851,231-72-189
9904 38,21733,65821,23720,385-23,488-460,599-2,8836,4029,4608,81413,957-7,420-582-4,65111,217-21,04719,157-6,2426,183
9905 38,21733,65821,23720,385-23,488-460,599-2,8836,4029,4608,81413,957-7,420-582-4,65111,217-21,04719,157-6,2426,183
Appropriation of the result
9906 -373,472-411,690-445,348-466,585-486,970-463,482-2,88321,84224,90115,4416,627977,670985,090985,672990,322979,1051.0m980,995987,237
14P -411,690-445,348-466,585-486,970-463,482--------------
691/2 -------21,8429,460----------
6920 -------21,842-----------
6921 --------9,460----------
694/7 -----------985,000-------
694 -----------985,000-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 18 older financial years (1989-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 10-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 10-04-2026 2026-00081182 PDF
30-09-2024 micro format 31-03-2025 2025-00060385 PDF
30-09-2023 micro format 23-04-2024 2024-00067954 PDF
30-09-2022 full format 13-04-2023 2023-00059592 PDF
30-09-2021 full format 07-04-2022 2022-20001711 PDF
30-09-2020 full format 06-04-2021 2021-09800127 PDF
30-09-2019 full format 30-04-2020 2020-10800047 PDF
30-09-2018 full format 26-03-2019 2019-08000088 PDF
30-09-2017 full format 03-05-2018 2018-12100307 PDF
30-09-2016 full format 03-04-2017 2017-08800450 PDF
30-09-2015 full format 03-05-2016 2016-11700436 PDF
30-09-2014 full format 29-04-2015 2015-11100342 PDF
30-09-2013 full format 25-03-2014 2014-07400199 PDF
30-09-2012 full format 02-05-2013 2013-11500523 PDF
30-09-2011 full format 09-05-2012 2012-11200287 PDF
30-09-2010 full format 29-04-2011 2011-10200325 PDF
30-09-2009 full format 11-05-2010 2010-11600445 PDF
30-09-2008 full format 14-04-2009 2009-11300216 PDF
30-09-2007 full format 17-04-2008 2008-11000022 PDF
30-09-2006 full format 30-03-2007 2007-10104070 PDF
30-09-2005 full format 30-10-2006 2006-85301120 PDF
30-09-2004 full format 04-05-2005 2005-13900118 PDF
30-09-2003 full format 14-04-2004 2004-10900060 PDF
30-09-2002 full format 31-03-2003 2003-09100158 PDF
30-09-2001 full format 18-04-2002 2002-09900124 PDF
30-09-2000 full format 04-04-2001 2001-08500198 PDF
30-09-1999 full format 19-06-2000 2000-23700127 PDF
30-09-1998 full format 07-04-1999 1999-07201943 PDF
30-09-1997 full format 14-04-1998 1998-06603611 PDF
30-09-1996 full format 07-04-1997 1997-05203951 PDF
30-09-1995 full format 24-04-1996 1996-06502136 PDF
30-09-1994 full format 21-04-1995 1995-05902890 PDF
30-09-1993 full format 25-03-1994 1994-04505155 PDF
30-09-1992 full format 06-05-1993 1993-06701948 PDF
30-09-1991 full format 15-06-1992 1992-11000733 PDF
30-09-1990 full format 18-06-1991 1991-11004065 PDF
30-09-1989 full format 27-09-1990 1990-24804828 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
110,532106,84389,91486,92056,985-392,4204,15818,61734,00928,13330,7702,03813,5215,26715,968-25,55414,7859,86221,972
94,39691,85982,67983,31849,926-393,9674,05813,53323,32721,70922,1497947,029-3,42312,768-19,54430,1979,93222,255
57,44256,8397,08404,3511.4m9917167,65422,91402,90134,39257448000510448,017
-14,474-14,67728,13540,5451,87518,173-3,889-2,104-1,343-1,628-67,840-11,724-47,750-126,641541848-27,359-10,072-
-749,234-800,783-800,511-834,031-875,846-881,269-954,334-70,901-83,718-99,391-98,186-115,618-10,0007,63511,633-65518,889-11,308-13,707
------------------5.5%
-40.1%-45.4%-49.2%-50.1%-51.5%-44.3%11.4%92.6%91.5%89.9%89.7%82.7%88.6%87.2%80.7%80.0%78.2%73.8%71.2%
0.080.090.110.080.040.030.000.130.100.110.130.420.921.051.041.001.060.970.97
0.080.090.110.080.030.030.000.130.100.110.130.420.921.051.041.001.060.970.97
------7.790.080.090.110.110.210.130.150.240.250.280.360.40
-------2.3%0.6%0.9%0.9%1.4%-0.8%-0.1%-0.4%1.0%-2.0%1.7%-0.6%0.6%
6.2%5.3%3.3%3.0%-3.4%-60.4%-0.3%0.6%0.9%0.8%1.3%-0.6%0.0%-0.4%0.8%-1.6%1.4%-0.4%0.4%
86.3055.7435.3027.028.53--------------
------------------67 days
------------------12 days

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets€57,442€56,839€7,084-€4,351
€56,179€58,201€61,442€62,934€73,414

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TRACE

The operating result for 2025 is 12% higher than in 2024 and the highest since 2007. It is the fifth rise in a row, after the fall in 2020.

Equity is negative. Debt (€864,272) exceeds the balance-sheet total (€616,701).

Large changes and their cause
  • 2021 Net result +95% on 2020. Merger absorbing IMMOBILIERE DE LA COURONNE, Official Gazette 22-06-2020, in the previous financial year. That operation now counts for a full year for the first time.

Board & ownership

Board

2 directors, 1 in day-to-day management, last change in 2025
ROSE Francis
Director and managing director
director since 25-03-2025 managing director in office according to the deed of 19-09-2025 term until 25-03-2031, 6-year term from 2025
listed in the 2025 annual accounts, filed on 10-04-2026
VANDERHOFSTADT Dominique
Director
since 25-03-2025 6-year term from 2025
listed in the 2025 annual accounts, filed on 10-04-2026
ROSE Francis

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
ROSE Francis
Director, Managing director
VANDERHOFSTADT Dominique
Director
LeadershipBoardRest of the termmandate already running before its first mention
Mandates as a list
  • ROSE Francis
    • Director, from 18-06-2019 to date
    • Managing director, since before 25-03-2025
  • VANDERHOFSTADT Dominique
    • Director, from 18-06-2019 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€62,000
Source
2025 annual accounts

Articles of association

deed of 22-07-2019 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
Term of at most 6 years
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Tuesday of March at 18:00

Network & group

Holdings and subsidiaries

Holdings 0

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Former holdings (1)

This company merged into TRACE on 22-06-2020.

Holdings through the years 2007 to 2019
Holdings through the years
Name20072010201120122013201420152016201720182019
IMMOBILIERE DE LA COURONNE 100%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
BE 0449.021.116simplified merger · Gazette deed of 22-06-2020 (3 deeds)

Connections & network

2 current directors
Depth

The network starts from the directors of TRACE. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

50 events since 1989

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed PDFmicro format · 20 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0436990839
Highest result from 2007 to 2025 net €38,217 ▲13.5% The operating result of €54,352 and the net result of €38,217 are both a record.
Reappointments: ROSE Francis (managing director) and VANDERHOFSTADT Dominique (director)General meeting of 25-03-20253 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFmicro format · 30 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 7 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 17 days before the deadline
2022
Back to profit net €20,385 The net result is €20,385, after 3 loss-making years.
Annual accounts 2021 filed PDFfull format · 23 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 24 days before the deadline
2020
Weakest financial year net -€460,599 The net result drops to -€460,599, the lowest from 2007 to 2025. It recovers the following year.
Merger: TRACE takes over IMMOBILIERE DE LA COURONNEThe company holds all the shares of IMMOBILIERE DE LA COURONNE · General meeting of 27-05-20204 points ▸
  • General meeting, 27-05-2020, mentioned twice in the deed
  • The company holds all the shares of IMMOBILIERE DE LA COURONNE
  • Accounting effect, 01-01-2020
  • Power of attorney, Francis ROSE
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · on the deadline day
Merger proposal: TRACE SA takes over IMMOBILIERE DE LA COURONNE SAThe company holds all the shares of IMMOBILIERE DE LA COURONNE SA3 points ▸
  • The company holds all the shares of IMMOBILIERE DE LA COURONNE SA
  • Accounting effect, 01-01-2020
  • General meeting, 31-05-2020
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

2019
Capital decrease of €886,500 to €62,000Capital from €948,500 to €62,000 · Reappointments: Francis Rose (director) and Dominique Vanderhofstadt (director) · General meeting of 18-06-20197 points ▸
  • General meeting, 18-06-2019
  • Capital decrease, €886,500
  • Capital, €62,000, 1,250 shares, mentioned twice in the deed
  • Power of attorney, Corinne DUPONT
  • Registered office clause, Drève des Châtaigniers 22, 1410 Waterloo
  • Director reappointment, Francis Rose
  • Director reappointment, Dominique Vanderhofstadt
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFfull format · 35 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 3 days late
2017
Annual accounts 2016 filed PDFfull format · 27 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 3 days late
2015
Back to profit net €13,957 The net result is €13,957, after 3 loss-making years.
Annual accounts 2014 filed PDFfull format · 1 day before the deadline
2014
Annual accounts 2013 filed PDFfull format · 36 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 2 days late
2012
Annual accounts 2011 filed PDFfull format · 9 days late
2011
Back to profit net €11,217 The net result is €11,217, after one loss-making year.
Annual accounts 2010 filed PDFfull format · 1 day before the deadline
2010
Annual accounts 2009 filed PDFfull format · 11 days late
2009
Back to profit net €19,157 The net result is €19,157, after one loss-making year.
Annual accounts 2008 filed PDFfull format · 16 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 13 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 31 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
First establishment TRACE SC, Drève des Chataigniers 22, Waterloo
Incorporation published on 15-04-1989

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

TRACE was incorporated on 15 January 1989.1 In 2020 the company absorbed IMMOBILIERE DE LA COURONNE by merger.2 Total assets fell from €762,216 in 2020 to €616,701 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-06-2020
  3. 3National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0436.990.839
VAT number
BE 0436.990.839
Peppol ID
0208:0436990839
Legal form
Public limited company
Status
Active, normal situation
Founded
15-01-1989
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Tuesday of March at 18:00
deed of 22-07-2019 (in French)
Peppol
Reachable since 05-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TRACE in French
Entity type
Legal entity

Activities

NACEBEL 2025
73200 Market research and public opinion polling main activity
Codes under NACEBEL 2008
73200 Advertising, market research and public relations activities main activity
Codes under NACEBEL 2003
74131 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“D'exécuter à titre principal toutes missions d'organisation,de gestion et de promotion d'entreprises ou produits; Toutes activités en…”
5 activities
  1. D'exécuter à titre principal toutes missions d'organisation,de gestion et de promotion d'entreprises ou produits.
  2. Toutes activités en rapport avec la gestion des entreprises,dont notamment l'acquisition,la fusion,la vente et la réorganisation d'entreprises,tout autre service connexe en matière de management,marketing et vente,finance;
  3. Toutes opérations immobilières dans le sens le plus large,et notamment,l'achat,la vente,la location,la sous-location,la transformation,la construction,la démolition,l'exploitation,et la mise en valeur d'immeubles bâtis ou non bâtis.Elle pourra également lotir,gérer,donner ou prendre en option;
  4. Toutes opérations mobilières et de placements financiers dans son sens le plus large;
  5. Dans le cadre des points qui précèdent,toutes opérations de mandat,de représentation et de courtage.
deed of 05-03-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
TRACE SC registered office Drève des Chataigniers 22, 1410 Waterloo 6920101 Certified accountants and tax accountants 03-04-1989 2.042.802.380

Buildings and parcels at the address

Ground area
1,511 m²
Buildings
227 m²
Volume, LiDAR
906 m³
Tallest building
6.2 m
Buildings to scale, each on its own parcel
227 m², 6.2 m 227 m², 6.2 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
25763I0319/00V0001,511 m² 1 · 227 m² 6.2 m · 1

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