Result
The result rose in 2026 from €9,957 to €68,988.
The result rose in 2026 from €9,957 to €68,988.
The micro format states no turnover.
Short-term debts fell from €2.3m to €370,496.
Higher net result than 90% of companies in wholesale trade. Sector median €8,276 · 458 companies.
The dashed line is the sector median: 0.4% across 26,895 companies (NACE 46, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 25% of them on solvency, 44% on liquidity, 47% on profitability and 98% on growth.
The bankruptcy probability was computed on 06-11-2026 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 29-03-2026.
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).
In July 2024, 1,602 companies had the same profile as Tradezone Europe has now. Each dot stands for 5 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Tradezone Europe itself is lower: 0.5% within 12 months. It rests on far more data about Tradezone Europe than the profile alone.
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.
| 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 1,602 companies, not a prediction for Tradezone Europe. 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.
Liquidity is ample, with a current ratio of 1.74 (1.01 in 2025), above the usual 1.5. Short-term debt is 57.3% and cash 19.8% of total assets. However, 87.8% of the assets are financed with debt and provisions.
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.
| Company | ||||
|---|---|---|---|---|
| Tradezone Europe Antwerp | €0.6m | €221,417 | 12.2% | - |
| Covalenz Genappe | €0.6m | €179,421 | 57.3% | - |
| Karel Cox Leasing Hechtel-Eksel | €1.3m | €334,854 | 15.4% | - |
| Ali ORAYBI Menen | €0.4m | €176,808 | 43.8% | - |
| FARM Lo-Reninge | €1.2m | €108,316 | 6.2% | - |
| Thomas Peers Anzegem | €0.6m | €183,026 | 95.3% | - |
| Ulti Group Kortrijk | €0.4m | €71,795 | 1.2% | - |
These companies have the same main activity as Tradezone Europe: wholesale trade (NACE 46110). They are comparable in size and age: total assets between €397,000 and €1.3m, founded between 2020 and 2023.
Tradezone Europe has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €78,945 and a net result of €68,988.
Its solvency ranks better than 25% of 457 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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