TRACE
Dissolved and wound upOverview
Overview
Official details
Source: KBO- Status
- Dissolved and wound up deed of 04-06-2026
- Legal form
- Private limited company
- Activity
- “Privaatcursussen of schriftelijke cursussen voor algemene,beroeps- of technische vorming;” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2024
Financial position
No score
Annual accounts 2025
- Gross margin
- €3,206
- ▼ 86.9%
- Turnover
- ≈ €24,000
- estimated
- Loss
- €4,611
- Equity
- €84,717
- ▼ 5.2%
- Total assets
- €133,431
- ▼ 26.0%
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-05-2026 at the NBB all 3 filings
Turnover
≈ €24,000
Estimated: probably between €11,000 and €59,000
Total assets
€133,431▼ 26.0%
2024 · €180,249
Net result
-€4,611
2024 · €15,065
Working capital
€84,717▲ 8.3%
2024 · €78,217
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
-€3,529
2025
20232025
Net result
-€4,611
2025
20232025
Equity
€84,717
▼ 5.2%
2025
20232025
Total assets
€133,431
▼ 26.0%
2025
20232025
Debt
€48,714
▼ 46.4%
2025
20232025
Working capital
€84,717
▲ 8.3%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€15,818-€21,990▲ 39.0%-€3,529
Net result€13,328-€15,065▲ 13.0%-€4,611
Equity€74,263-€89,328▲ 20.3%€84,717▼ 5.2%
Total assets€157,822-€180,249▲ 14.2%€133,431▼ 26.0%
Debt€83,559-€90,922▲ 8.8%€48,714▼ 46.4%
Working capital€74,588-€78,217▲ 4.9%€84,717▲ 8.3%
The operating result for 2025 is a loss of €3,529, after a profit of €21,990 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €133,431
Equity
€84,717 ▼ 5.2%
Debt
€48,714 ▼ 46.4%
Debt's share of the balance-sheet total falls from 50.4% to 36.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,529▼
2024 · €24,151
Cash flow
-€4,611▼
2024 · €17,226
Current ratio
2.74▲
2024 · 2.03
Debt to equity
0.58▼
2024 · 1.02
ROE
-5.4%▼
2024 · 16.9%
ROA
-3.5%▼
2024 · 8.4%
Interest coverage
-2.34▼
2024 · 40.91
Debt ≤ 1 year
€48,714▼
2024 · €76,228
Debt > 1 year
€0▼
2024 · €14,694
Income taxes
-€20▼
2024 · €6,500
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €26,905 | - |
| Financial fixed assets | - | - | €0 |
| Depreciation and write-downs of the year | €464 | €2,161 | €0 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,246 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €464 | €2,161 | €0 | ▼ 100% |
| Other operating charges640/8 | €630 | €317 | €946 | ▲ 199% |
| Non-recurring operating charges66A | - | - | €5,790 | - |
| Gross operating margin9900 | €16,912 | €24,468 | €3,206 | ▼ 86.9% |
| Operating profit (loss)9901 | €15,818 | €21,990 | -€3,529 | - |
| Financial income75/76B | €15,565 | €165 | €408 | ▲ 147% |
| Recurring financial income75 | €15,565 | €165 | €408 | ▲ 147% |
| Financial charges65/66B | €12,659 | €590 | €1,511 | ▲ 156% |
| Recurring financial charges65 | €12,659 | €590 | €1,511 | ▲ 156% |
| Profit (loss) for the period before taxes9903 | €18,723 | €21,565 | -€4,631 | - |
| Income taxes67/77 | €5,396 | €6,500 | -€20 | - |
| Profit (loss) for the period9904 | €13,328 | €15,065 | -€4,611 | - |
| Profit (loss) for the period to be appropriated9905 | €13,328 | €15,065 | -€4,611 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €157,822 | €180,249 | €133,431 | ▼ 26.0% |
| Fixed assets21/28 | €1,061 | €25,805 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €1,061 | €25,805 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €1,061 | €1,608 | - | - |
| Furniture and vehicles24 | - | €24,197 | €0 | ▼ 100% |
| Current assets29/58 | €156,761 | €154,444 | €133,431 | ▼ 13.6% |
| Amounts receivable within one year40/41 | €19,973 | €25,611 | €3,716 | ▼ 85.5% |
| Trade receivables40 | €18,990 | €25,611 | €843 | ▼ 96.7% |
| Other amounts receivable41 | €983 | - | €2,873 | - |
| Current investments50/53 | €107,494 | €111,760 | €61,320 | ▼ 45.1% |
| Cash at bank and in hand54/58 | €26,753 | €14,605 | €68,395 | ▲ 368% |
| Deferred charges and accrued income490/1 | €2,540 | €2,468 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €157,822 | €180,249 | €133,431 | ▼ 26.0% |
| Equity10/15 | €74,263 | €89,328 | €84,717 | ▼ 5.2% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €61,825 | €75,825 | €75,825 | = |
| Distributable reserves133 | €61,825 | €75,825 | €75,825 | = |
| Profit (loss) carried forward14 | €10,438 | €11,503 | €6,892 | ▼ 40.1% |
| Amounts payable17/49 | €83,559 | €90,922 | €48,714 | ▼ 46.4% |
| Amounts payable after more than one year17 | - | €14,694 | €0 | ▼ 100% |
| Financial debts170/4 | - | €14,694 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €82,173 | €76,228 | €48,714 | ▼ 36.1% |
| Financial debts43 | €260 | - | €43 | - |
| Credit institutions430/8 | €260 | - | - | - |
| Other loans439 | - | - | €43 | - |
| Trade debts44 | €259 | €2,065 | €6,596 | ▲ 219% |
| Suppliers440/4 | €259 | €2,065 | €6,596 | ▲ 219% |
| Taxes, remuneration and social security45 | €36,782 | €30,300 | €1,160 | ▼ 96.2% |
| Taxes450/3 | €36,782 | €30,300 | €1,160 | ▼ 96.2% |
| Other amounts payable47/48 | €44,873 | €43,863 | €40,915 | ▼ 6.7% |
| Accrued charges and deferred income492/3 | €1,386 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,328 | €15,065 | -€4,611 | - |
| + Depreciation and write-downs630 | €464 | €2,161 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €13,791 | €17,226 | -€4,611 | - |
| Investment in fixed assets (approximation) | - | -€26,905 | €25,805 | - |
| Change in cash | - | -€12,148 | €53,790 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
No change since 2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden, met inbegrip van de vertegenwoordiging in rechte.”
deed of 28-12-2023Owners and capital
Capital transactions
Capital over time
- 28-12-2023 Converted to unavailable equity · €8,067.98
- 28-12-2023 Capital reduction of €4,207.97
Mandate history
1 person, 0 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| BOUKHRISS Houssein |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 directordeed of 28-12-2023 (in Dutch)
- Custody of recordsThe books and records are kept for at least five years after liquidation. The articles set where.
- “1800 Vilvoorde, Grimbergsesteenweg 259, eender welk ander domicilie van de bestuurder”deed of 04-06-2026 (in Dutch)
Network & group
Connections & network
See the function holders in the KBO register.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
04-06
Gazette deed
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed · Books and records kept by BOUKHRISS Houssein in Vilvoorde (5 years) · Resignation: BOUKHRISS Houssein (director)4 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed · Books and records kept by BOUKHRISS Houssein in Vilvoorde (5 years) · Resignation: BOUKHRISS Houssein (director)4 points ▸
- Net-asset statement, 31-03-2026
- Director resignation, BOUKHRISS Houssein
- Director discharge, BOUKHRISS Houssein
- Power of attorney, Kreston Antwerp
- The deed holds 13 more points.
22-05
micro format · 70 days before the deadline
2025
31-12
Financial
Weakest financial yearnet -€4,611
The net result drops to -€4,611, the lowest from 2023 to 2025.
01-07
micro format · 30 days before the deadline
2024
31-12
Financial
Highest result from 2023 to 2025net €15,065 ▲13%
The operating result of €21,990 and the net result of €15,065 are both a record.
12-06
micro format · 49 days before the deadline
2023
28-12
Gazette deed
Capital decrease of €4,207.97Reappointment: BOUKHRISS Houssein (director) · Legal-form conversion: to private limited company7 points ▸
Gazette deed
Capital decrease of €4,207.97
Reappointment: BOUKHRISS Houssein (director) · Legal-form conversion: to private limited company7 points ▸
- Registered-office move, Flemish Region
- Legal-form conversion, to private limited company
- Capital decrease, €4,207.97
- 186 shares
- Power of attorney, Maxime Ruiters
- Director reappointment, BOUKHRISS Houssein
- Registered-office move, 1800 Vilvoorde Grimbergsesteenweg 259
- The deed holds 13 more points.
2001
09-05
Gazette deed
Incorporation
11 publications in the Belgian Official Gazette, the last on 04-06-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Dissolved and wound up
TRACE has not been in the KBO register since 29 May 2026.
- Status
- Inactiveout of the register since 29 May 2026
- Reason
- Dissolved and wound up in a single deedBelgian Official Gazette, 4 June 2026 · deed
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Grimbergsesteenweg 259, 1800 Vilvoordeas published on 4 June 2026
- Legal form
- Private limited company
- Active since
- 26 April 2001
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Privaatcursussen of schriftelijke cursussen voor algemene,beroeps- of technische vorming; Volwassenenvorming; Schriftelijk onderwijs; De…”
6 activities
- Privaatcursussen of schriftelijke cursussen voor algemene,beroeps- of technische vorming;
- Volwassenenvorming;
- Schriftelijk onderwijs;
- De organisatie van congressen,seminaries,vergaderingen en dergelijke;
- De organisatie van salons,tentoonstellingen en vakbeurzen;
- Zoeken,selecteren,verwijzen en plaatsen van personeel ten behoeve van latere werkgevers of werkzoekende;formulering van taakomschrijvingen op geschiktheid van sollicitanten;natrekken van referenties;
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “1800 Vilvoorde Grimbergsesteenweg 259”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 21:00
Articles of association, deed of 28-12-2023 (in Dutch)
Sites & property
Location
Buildings and parcels at the address
Ground area
160 m²
Building footprint
148 m²
Building volume
768 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23645C0073/00P003 | Flanders | 159 m² | 1 · 148 m² | 9.0 m · 2 |