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TraCerLab

Active
Cooperative companyfounded 20205 yrs activeAvenue Marcel Gourdin(BL) 60, 5001 Namur, BelgiumKBO/BCE: BE 0758.359.658
Summary

The computed 12-month bankruptcy probability of TraCerLab is 1.9% (moderate). The 2024 annual accounts show negative equity (-€116) and a net result of -€1,066. Equity is shrinking by ~53.3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency21▼-31
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€116
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
119 d late
2023
58 d late
2022
29 d late
2021
54 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 65 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 12 November 2020, TraCerLab was incorporated as a Cooperative company.1 Total assets went from EUR 4,339 in 2021 to EUR 3,024 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€116
2023 · €950
Total assets
€3,024▼ 14.6%
2023 · €3,542
Net result
-€1,066▼ 94.5%
2023 · -€548
Working capital
-€410
2023 · €299
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
Line2021202220232024
Operating result-€900--€534▲ 40.7%-€507▲ 5.1%-€990▼ 95.3%
Net result-€927--€575▲ 38.0%-€548▲ 4.7%-€1,066▼ 94.5%
Equity€2,073-€1,498▼ 27.7%€950▼ 36.6%-€116
Total assets€4,339-€3,940▼ 9.2%€3,542▼ 10.1%€3,024▼ 14.6%
Debt€2,266-€2,442▲ 7.8%€2,592▲ 6.1%€3,140▲ 21.1%
Working capital€708-€490▼ 30.8%€299▼ 39.0%-€410
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2021: -€900-€900Net result 2021: -€927-€927Operating result 2022: -€534-€534Net result 2022: -€575-€575Operating result 2023: -€507-€507Net result 2023: -€548-€548Operating result 2024: -€990-€990Net result 2024: -€1,066-€1,0662021202220232024-€1,500-€1,000-€500€0Operating result 2022: -€534-€534Net result 2022: -€575-€575Operating result 2023: -€507-€507Net result 2023: -€548-€548Operating result 2024: -€990-€990Net result 2024: -€1,066-€1,070202220232024
The operating result stays negative: a loss of €990 in 2024 against €507 in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€633▼
2023 · -€150
Cash flow
-€709▼
2023 · -€191
Interest coverage
-8.33▼
2023 · -3.66
Debt ≤ 1 year
€3,140▲
2023 · €2,592
Ratios withheld: a balance sheet total of €3,024 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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 6,010 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,542€3,024▼
Formation expenses20€651€294▼
Current assets29/58€2,891€2,730▼
Cash at bank and in hand54/58€2,891€2,730▼
Equity and liabilities
Total equity and liabilities10/49€3,542€3,024▼
Equity10/15€950-€116▼
Contributions10/11€3,000€3,000=
Capital10€3,000€3,000=
Issued capital100€3,000€3,000=
Profit (loss) carried forward14-€2,050-€3,116▼
Amounts payable17/49€2,592€3,140▲
Amounts payable within one year42/48€2,592€3,140▲
Trade debts44€15€360▲
Suppliers440/4€15€360▲
Other amounts payable47/48€2,577€2,780▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€357€357=
Gross operating margin9900-€150-€633▼
Operating profit (loss)9901-€507-€990▼
Financial charges65/66B€41€76▲
Recurring financial charges65€41€76▲
Profit (loss) for the period before taxes9903-€548-€1,066▼
Profit (loss) for the period9904-€548-€1,066▼
Profit (loss) for the period to be appropriated9905-€548-€1,066▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,050-€3,116▼
Profit (loss) brought forward from the previous period14P-€1,502-€2,050▼
Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€416€357€357€357=
Gross operating margin9900-€484-€177-€150-€633▼ 322%
Operating profit (loss)9901-€900-€534-€507-€990▼ 95.3%
Financial charges65/66B€27€41€41€76▲ 85.4%
Recurring financial charges65€27€41€41€76▲ 85.4%
Profit (loss) for the period before taxes9903-€927-€575-€548-€1,066▼ 94.5%
Profit (loss) for the period9904-€927-€575-€548-€1,066▼ 94.5%
Profit (loss) for the period to be appropriated9905-€927-€575-€548-€1,066▼ 94.5%
Line2021202220232024Change
Assets
Total assets20/58€4,339€3,940€3,542€3,024▼ 14.6%
Formation expenses20€1,365€1,008€651€294▼ 54.8%
Current assets29/58€2,974€2,932€2,891€2,730▼ 5.6%
Cash at bank and in hand54/58€2,974€2,932€2,891€2,730▼ 5.6%
Equity and liabilities
Total equity and liabilities10/49€4,339€3,940€3,542€3,024▼ 14.6%
Equity10/15€2,073€1,498€950-€116▼ 112%
Contributions10/11€3,000€3,000€3,000€3,000=
Capital10€3,000€3,000€3,000€3,000=
Issued capital100€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14-€927-€1,502-€2,050-€3,116▼ 52.0%
Amounts payable17/49€2,266€2,442€2,592€3,140▲ 21.1%
Amounts payable within one year42/48€2,266€2,442€2,592€3,140▲ 21.1%
Trade debts44€2,266€1,781€15€360▲ 2,300%
Suppliers440/4€2,266€1,781€15€360▲ 2,300%
Other amounts payable47/48-€661€2,577€2,780▲ 7.9%
Line2021202220232024Change
Profit (loss) for the period9904-€927-€575-€548-€1,066▼ 94.5%
+ Depreciation and write-downs630€416€357€357€357=
Operating cash flow (approximation)-€511-€218-€191-€709▼ 271%
Change in cash--€42-€41-€161▼ 293%

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

2025
27-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
31-12
Financial Weakest financial yearnet -€1,066
Net result drops to -€1,066, the lowest in the series.
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
23-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Namur
exact location from the address register On OpenStreetMap
Ground area
907 m²
Building footprint
130 m²
Volume, LiDAR
850 m³
Parcel 92010D0273/00S017, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92010D0273/00S017 Wallonia 906 m² 1 · 130 m² 8.1 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.

Identification & contact

Identification
Legal formCooperative company
Founded12-11-2020
Fiscal year end31-12
Contact
E-mail info@tracerlabgroup.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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