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TRADCOM

Active
Private limited company (pre-2019)founded 1998active for 28 yearsLippenslaan 47, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0463.354.053
Summary

TRADCOM has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324,750 and a net result of -€1,494. Equity remains stable across the filed financial years (±1.6% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€324,750▼ 0.5%
2024 · €326,244
Total assets
€336,784▼ 5.0%
2024 · €354,537
Net result
-€1,494▲ 63.5%
2024 · -€4,095
Working capital
€78,214▲ 6.8%
2024 · €73,264
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €1,700 in 2025 against €4,147 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,700 2025 Net result-€1,494 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€256,043--€8,510-€10,665▼ 25.3%-€5,259▲ 50.7%-€5,362▼ 1.9%-€4,601▲ 14.2%-€4,147▲ 9.9%-€1,700▲ 59.0%
Net result€234,065--€13,267-€11,744▲ 11.5%-€5,473▲ 53.4%-€5,516▼ 0.8%-€5,050▲ 8.4%-€4,095▲ 18.9%-€1,494▲ 63.5%
Equity€371,388-€358,121▼ 3.6%€346,377▼ 3.3%€340,905▼ 1.6%€335,389▼ 1.6%€330,339▼ 1.5%€326,244▼ 1.2%€324,750▼ 0.5%
Total assets€562,795-€491,566▼ 12.7%€450,796▼ 8.3%€419,905▼ 6.9%€401,236▼ 4.4%€364,020▼ 9.3%€354,537▼ 2.6%€336,784▼ 5.0%
Debt€191,407-€133,444▼ 30.3%€104,419▼ 21.8%€79,000▼ 24.3%€65,848▼ 16.6%€33,681▼ 48.9%€28,293▼ 16.0%€12,033▼ 57.5%
Working capital€111,932-€84,179▼ 24.8%€72,277▼ 14.1%€68,452▼ 5.3%€69,521▲ 1.6%€70,915▲ 2.0%€73,264▲ 3.3%€78,214▲ 6.8%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336,784
Fixed assets €246,536 ▼ 2.5%
Current assets €90,247 ▼ 11.1%
Equity and liabilities €336,784
Equity €324,750 ▼ 0.5%
Debt €12,033 ▼ 57.5%
Debt's share of the balance-sheet total falls from 8.0% to 3.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,744▲
2024 · €2,297
Cash flow
€4,950▲
2024 · €2,349
Current ratio
7.50▲
2024 · 3.59
Debt to equity
0.04▼
2024 · 0.09
ROE
-0.5%▲
2024 · -1.3%
ROA
-0.4%▲
2024 · -1.2%
Interest coverage
21.17▲
2024 · 14.97
Debt ≤ 1 year
€12,033▼
2024 · €28,293
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 12,322 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 · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€354,537€336,784▼
Fixed assets21/28€252,980€246,536▼
Tangible fixed assets22/27€252,980€246,536▼
Land and buildings22€252,980€246,536▼
Current assets29/58€101,557€90,247▼
Amounts receivable within one year40/41€20,574-
Other amounts receivable41€20,574-
Cash at bank and in hand54/58€80,983€90,247▲
Equity and liabilities
Total equity and liabilities10/49€354,537€336,784▼
Equity10/15€326,244€324,750▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€2,787€2,787=
Non-distributable reserves130/1€2,787€2,787=
Legal reserve130€2,787€2,787=
Profit (loss) carried forward14€304,866€303,372▼
Amounts payable17/49€28,293€12,033▼
Amounts payable within one year42/48€28,293€12,033▼
Other amounts payable47/48€28,293€12,033▼
Income statement Code20242025
Non-recurring operating income76A€8,130€8,130=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,444€6,444=
Other operating charges640/8€1,731€1,777▲
Gross operating margin9900€4,027€6,520▲
Operating profit (loss)9901-€4,147-€1,700▲
Financial income75/76B€205€431▲
Recurring financial income75€205€431▲
Non-recurring financial income76B€205€431▲
Financial charges65/66B€153€224▲
Recurring financial charges65€153€224▲
Profit (loss) for the period before taxes9903-€4,095-€1,494▲
Profit (loss) for the period9904-€4,095-€1,494▲
Profit (loss) for the period to be appropriated9905-€4,095-€1,494▲
Appropriation of the result
Profit (loss) to be appropriated9906€304,866€303,372▼
Profit (loss) brought forward from the previous period14P€308,961€304,866▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€6,981€7,147€7,819€8,130€8,130=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,780€8,176€7,566€7,098€6,584€6,444€6,444€6,444=
Other operating charges640/8---€1,510€1,540€1,667€1,731€1,777▲ 2.7%
Non-recurring operating charges66A----€500----
Gross operating margin9900€267,085€1,427-€1,649€3,349€3,263€3,510€4,027€6,520▲ 61.9%
Operating profit (loss)9901€256,043-€8,510-€10,665-€5,259-€5,362-€4,601-€4,147-€1,700▲ 59.0%
Financial income75/76B---€8-€94€205€431▲ 110%
Recurring financial income75-€1€13€8-€94€205€431▲ 110%
Non-recurring financial income76B-----€94€205€431▲ 110%
Financial charges65/66B---€221€154€543€153€224▲ 46.1%
Recurring financial charges65€7,113€1,718€1,093€221€154€543€153€224▲ 46.1%
Profit (loss) for the period before taxes9903€248,930-€10,227-€11,744-€5,473-€5,516-€5,050-€4,095-€1,494▲ 63.5%
Income taxes67/77€14,866€3,039-------
Profit (loss) for the period9904€234,065-€13,267-€11,744-€5,473-€5,516-€5,050-€4,095-€1,494▲ 63.5%
Profit (loss) for the period to be appropriated9905€234,065-€13,267-€11,744-€5,473-€5,516-€5,050-€4,095-€1,494▲ 63.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€562,795€491,566€450,796€419,905€401,236€364,020€354,537€336,784▼ 5.0%
Fixed assets21/28€289,842€281,666€274,100€272,453€265,868€259,424€252,980€246,536▼ 2.5%
Tangible fixed assets22/27€289,842€281,666€274,100€272,453€265,868€259,424€252,980€246,536▼ 2.5%
Land and buildings22---€272,445€265,868€259,424€252,980€246,536▼ 2.5%
Plant, machinery and equipment23---€8-----
Current assets29/58€272,953€209,900€176,696€147,452€135,368€104,596€101,557€90,247▼ 11.1%
Amounts receivable within one year40/41€233,623€198,799€164,508€125,409€95,307€49,778€20,574--
Other amounts receivable41---€125,409€95,307€49,778€20,574--
Cash at bank and in hand54/58€39,331€11,100€12,188€21,867€40,061€54,818€80,983€90,247▲ 11.4%
Deferred charges and accrued income490/1---€177-----
Equity and liabilities
Total equity and liabilities10/49€562,795€491,566€450,796€419,905€401,236€364,020€354,537€336,784▼ 5.0%
Equity10/15€371,388€358,121€346,377€340,905€335,389€330,339€326,244€324,750▼ 0.5%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592€18,592€18,592€18,592€18,592=
Issued capital100---€18,592€18,592€18,592€18,592€18,592=
Reserves13€2,787€2,787€2,787€2,787€2,787€2,787€2,787€2,787=
Non-distributable reserves130/1---€2,787€2,787€2,787€2,787€2,787=
Legal reserve130---€2,787€2,787€2,787€2,787€2,787=
Profit (loss) carried forward14€350,010€336,743€324,999€319,526€314,010€308,961€304,866€303,372▼ 0.5%
Amounts payable17/49€191,407€133,444€104,419€79,000€65,848€33,681€28,293€12,033▼ 57.5%
Amounts payable after more than one year17€30,385€7,724-------
Amounts payable within one year42/48€161,022€125,720€104,419€79,000€65,848€33,681€28,293€12,033▼ 57.5%
Trade debts44--€1,637-€348€388---
Suppliers440/4----€348€388---
Other amounts payable47/48---€79,000€65,500€33,293€28,293€12,033▼ 57.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€234,065-€13,267-€11,744-€5,473-€5,516-€5,050-€4,095-€1,494▲ 63.5%
+ Depreciation and write-downs630€8,780€8,176€7,566€7,098€6,584€6,444€6,444€6,444=
Operating cash flow (approximation)€242,845-€5,091-€4,179€1,626€1,069€1,394€2,349€4,950▲ 111%
Investment in fixed assets (approximation)-€0€0-€5,451€0€0€0€0-
Change in cash--€28,231€1,088€9,678€18,195€14,757€26,165€9,265▼ 64.6%

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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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 07-07-2026 2026-00281125
31-12-2024 micro format 29-07-2025 2025-00325833
31-12-2023 micro format 03-07-2024 2024-00207837
31-12-2022 micro format 25-07-2023 2023-00286570
31-12-2021 micro format 23-07-2022 2022-20224499
31-12-2020 micro format 26-07-2021 2021-41000054
31-12-2019 micro format 27-09-2020 2020-56500211
31-12-2018 micro format 29-07-2019 2019-40200409
31-12-2017 micro format 08-07-2018 2018-30300162
31-12-2016 micro format 25-07-2017 2017-37900418

Show all 25 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.