TRADEP
ActiveSummary
TRADEP has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of -€22,158. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability60▼-9
Solvency100=
Growth30▼-2
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 7.98 against 7.57 in 2023; short-term debt: 9.2% and cash: 0.4% of total assets), and 9.2% of the assets are financed with debt.
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Signals
Five 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% 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
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 2024Solvency, return and age of the figures
Solvency
90.8%
Return on assets
-1.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
41 d early
2023
61 d early
2022
42 d early
2021
46 d early
2020
23 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money Which other companies belong to the same group?GROUP Depré · 6 companies
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Financials · fiscal year 2024, full schema
In the rankings
#4 company by equity in Beernem, Transport and storage sector#6 oldest company in Beernem, Transport and storage sector#8 company by total assets in Beernem, Transport and storage sector
Turnover
€2.0m▼ 10.9%
2023 · €2.3m
EBIT margin
-3.3%▼ 4.4pp
2023 · 1.1%
Net result
-€22,158
2023 · €66,623
Working capital
€1.1m▼ 9.0%
2023 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€2.1m▼ 3.7%€2.0m▼ 4.4%€2.3m▲ 16.6%€2.3m▼ 2.7%€2.0m▼ 10.9%
Operating result€25,028▲ 270%-€143,291-€46,427▲ 67.6%€24,711-€66,760
Net result€23,259within the sector's middle half▼ 60.5%-€133,190below the sector's middle half-€36,028below the sector's middle half▲ 73.0%€66,623within the sector's middle half-€22,158below the sector's middle half
EBIT margin1.2%▲ 0.9pp-7.1%▼ 8.3pp-2.0%▲ 5.1pp1.1%▲ 3.1pp-3.3%▼ 4.4pp
Equity€1.7mabove the sector's middle half▲ 1.4%€1.6mabove the sector's middle half▼ 7.8%€1.5mwithin the sector's middle half▼ 2.3%€1.6mwithin the sector's middle half▲ 4.3%€1.6mwithin the sector's middle half▼ 1.4%
Total assets€1.9mwithin the sector's middle half▼ 0.2%€1.8mwithin the sector's middle half▼ 6.1%€1.7mwithin the sector's middle half▼ 4.4%€1.8mwithin the sector's middle half▲ 3.4%€1.7mwithin the sector's middle half▼ 2.7%
Debt€223,709▼ 10.6%€239,011▲ 6.8%€195,278▼ 18.3%€187,096▼ 4.2%€160,245▼ 14.4%
Working capital€1.2mabove the sector's middle half▲ 26.5%€854,173above the sector's middle half▼ 27.9%€1.1mabove the sector's middle half▲ 26.2%€1.2mabove the sector's middle half▲ 14.0%€1.1mabove the sector's middle half▼ 9.0%
Solvency88.4%above the sector's middle half▲ 1.4pp86.8%above the sector's middle half▼ 1.6pp88.7%above the sector's middle half▲ 1.9pp89.5%above the sector's middle half▲ 0.8pp90.8%above the sector's middle half▲ 1.3pp
Current ratio6.29above the sector's middle half▲ 1.554.57above the sector's middle half▼ 1.726.52above the sector's middle half▲ 1.957.57above the sector's middle half▲ 1.057.98above the sector's middle half▲ 0.41
Return on assets (ROA)1.2%within the sector's middle half▼ 1.8pp-7.4%below the sector's middle half▼ 8.6pp-2.1%below the sector's middle half▲ 5.3pp3.7%within the sector's middle half▲ 5.8pp-1.3%below the sector's middle half▼ 5.0pp
Staff (FTE)18.4within the sector's middle half▼ 1.1%17within the sector's middle half▼ 7.6%17within the sector's middle half=15.4within the sector's middle half▼ 9.4%13.2within the sector's middle half▼ 14.3%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €66,760 after €24,711 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.7m
Fixed assets
€457,548 ▲ 23.8%
Current assets
€1.3m ▼ 9.7%
Equity and liabilities €1.7m
Equity
€1.6m ▼ 1.4%
Debt
€160,245 ▼ 14.4%
Debt's share of the balance-sheet total falls from 10.5% to 9.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€136,483▼
2023 · €234,223
Cash flow
€181,085▼
2023 · €276,135
Debt to equity
0.10▼
2023 · 0.12
ROE
-1.4%▼
2023 · 4.2%
Interest coverage
1052.13▲
2023 · 187.56
Debt ≤ 1 year
€160,245▼
2023 · €187,096
Staff costs
€891,807▼
2023 · €963,022
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% 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 8,611 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €2.2m | €2.4m | €2.4m | €2.1m | ▼ 10.7% |
| Turnover70 | €2.1m | €2.0m | €2.3m | €2.3m | €2.0m | ▼ 10.9% |
| Other operating income74 | - | €129,906 | €61,856 | €78,755 | €72,730 | ▼ 7.7% |
| Non-recurring operating income76A | - | €13,750 | €9,656 | €8,500 | €11,000 | ▲ 29.4% |
| Operating charges60/66A | - | €2.3m | €2.5m | €2.3m | €2.2m | ▼ 6.9% |
| Goods for resale, raw materials and consumables60 | - | €71 | €77 | €56 | - | - |
| Purchases600/8 | - | €71 | €77 | €56 | - | - |
| Services and other goods61 | - | €950,080 | €1.1m | €1.0m | €949,716 | ▼ 8.6% |
| Remuneration, social security and pensions62 | - | €959,913 | €936,172 | €963,022 | €891,807 | ▼ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €225,005 | €246,419 | €253,328 | €209,512 | €203,243 | ▼ 3.0% |
| Other operating charges640/8 | - | €144,536 | €137,246 | €135,873 | €141,368 | ▲ 4.0% |
| Operating profit (loss)9901 | €25,028 | -€143,291 | -€46,427 | €24,711 | -€66,760 | ▼ 370% |
| Financial income75/76B | - | €11,041 | €11,901 | €43,161 | €45,981 | ▲ 6.5% |
| Recurring financial income75 | €11,642 | €11,041 | €11,901 | €43,161 | €45,981 | ▲ 6.5% |
| Income from current assets751 | - | €11,041 | €11,901 | €43,161 | €45,981 | ▲ 6.5% |
| Financial charges65/66B | - | €940 | €1,502 | €1,249 | €1,380 | ▲ 10.5% |
| Recurring financial charges65 | €1,076 | €940 | €1,502 | €1,249 | €1,380 | ▲ 10.5% |
| Debt charges650 | - | - | - | - | €130 | - |
| Other financial charges652/9 | - | €940 | €1,502 | €1,249 | €1,250 | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | €35,593 | -€133,190 | -€36,028 | €66,623 | -€22,158 | ▼ 133% |
| Income taxes67/77 | €12,335 | - | - | - | - | - |
| Profit (loss) for the period9904 | €23,259 | -€133,190 | -€36,028 | €66,623 | -€22,158 | ▼ 133% |
| Transfer to tax-exempt reserves689 | - | €13,750 | €9,656 | €8,500 | €11,000 | ▲ 29.4% |
| Profit (loss) for the period to be appropriated9905 | €17,259 | -€146,940 | -€45,684 | €58,123 | -€33,158 | ▼ 157% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.8m | €1.7m | €1.8m | €1.7m | ▼ 2.7% |
| Fixed assets21/28 | €516,876 | €713,549 | €453,838 | €369,611 | €457,548 | ▲ 23.8% |
| Tangible fixed assets22/27 | €513,906 | €710,579 | €451,408 | €367,181 | €455,118 | ▲ 23.9% |
| Furniture and vehicles24 | - | €710,579 | €451,408 | €367,181 | €455,118 | ▲ 23.9% |
| Financial fixed assets28 | €2,970 | €2,970 | €2,430 | €2,430 | €2,430 | = |
| Other financial fixed assets284/8 | - | €2,970 | €2,430 | €2,430 | €2,430 | = |
| Amounts receivable and cash guarantees285/8 | - | €2,970 | €2,430 | €2,430 | €2,430 | = |
| Current assets29/58 | €1.4m | €1.1m | €1.3m | €1.4m | €1.3m | ▼ 9.7% |
| Amounts receivable within one year40/41 | €1.3m | €1.0m | €1.2m | €1.4m | €1.3m | ▼ 10.0% |
| Trade receivables40 | - | €214,217 | €201,442 | €163,870 | €152,856 | ▼ 6.7% |
| Other amounts receivable41 | - | €809,084 | €1.0m | €1.2m | €1.1m | ▼ 10.5% |
| Cash at bank and in hand54/58 | €84,306 | €64,361 | €27,233 | €8,554 | €7,524 | ▼ 12.0% |
| Deferred charges and accrued income490/1 | - | €5,523 | €4,425 | €4,225 | €9,114 | ▲ 116% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.8m | €1.7m | €1.8m | €1.7m | ▼ 2.7% |
| Equity10/15 | €1.7m | €1.6m | €1.5m | €1.6m | €1.6m | ▼ 1.4% |
| Contributions10/11 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Capital10 | - | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Issued capital100 | - | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Reserves13 | €1.6m | €1.4m | €1.4m | €1.5m | €1.5m | ▼ 1.5% |
| Non-distributable reserves130/1 | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Legal reserve130 | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Tax-exempt reserves132 | - | €424,666 | €434,322 | €442,822 | €453,822 | ▲ 2.5% |
| Distributable reserves133 | - | €1.0m | €959,872 | €1.0m | €984,837 | ▼ 3.3% |
| Amounts payable17/49 | €223,709 | €239,011 | €195,278 | €187,096 | €160,245 | ▼ 14.4% |
| Amounts payable within one year42/48 | €223,709 | €239,011 | €195,278 | €187,096 | €160,245 | ▼ 14.4% |
| Trade debts44 | €107,194 | €104,431 | €80,303 | €40,769 | €49,847 | ▲ 22.3% |
| Suppliers440/4 | - | €104,431 | €80,303 | €40,769 | €49,847 | ▲ 22.3% |
| Taxes, remuneration and social security45 | - | €134,580 | €114,975 | €146,327 | €110,398 | ▼ 24.6% |
| Taxes450/3 | - | €42,046 | €28,714 | €40,090 | €27,430 | ▼ 31.6% |
| Remuneration and social security454/9 | - | €92,534 | €86,261 | €106,238 | €82,968 | ▼ 21.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,259 | -€133,190 | -€36,028 | €66,623 | -€22,158 | ▼ 133% |
| + Depreciation and write-downs630 | €225,005 | €246,419 | €253,328 | €209,512 | €203,243 | ▼ 3.0% |
| Operating cash flow (approximation) | €248,263 | €113,229 | €217,300 | €276,135 | €181,085 | ▼ 34.4% |
| Investment in fixed assets (approximation) | - | -€443,093 | €6,384 | -€125,285 | -€291,180 | ▼ 132% |
| Change in cash | - | -€19,945 | -€37,128 | -€18,679 | -€1,030 | ▲ 94.5% |
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
Next filing, fiscal year 2026, expected by
2026
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €66,623
Net result €66,623 after 2 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet -€133,190
Net result drops to -€133,190, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Beernem · 1 establishment unit since 1989
Ground area
1.6 ha
Building footprint
2,743 m²
Volume, LiDAR
64,857 m³
Parcel 31003C0399/02D002, Flanders · tallest building 38.1 m, ±9 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Vaart-Noord 11, 8730 Beernem
since 19892.042.787.732
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003C0399/02D002 | Flanders | 1.6 ha | 1 · 2,743 m² | 38.1 m · 9 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.
Structure & network
Part of the group
GROUP Depré
6 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- GROUP Depré
- VOEDERS DEPRE
- TRADEP
Highest known parent: GROUP Depré. The sources do not say who stands above it.
Owners 1
- VOEDERS DEPREparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,544 EUR awarded · 6,428 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 631 EUR | 694 EUR |
| 2024 | 1 | 352 EUR | 224 EUR |
| 2023 | 2 | 5,345 EUR | 5,294 EUR |
| 2022 | 1 | 216 EUR | 216 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeernem2.042.787.732
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Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 3,406 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436241761
Registered
15-12-2025
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.