TRADI - CONSTRUCT
ActiveTRADI - CONSTRUCT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €736k and a net result of €-260k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 14% of 1301 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
12
/ 100
Critical▼ -15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency10▼-8
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.79 against 1.02 in 2023), and 94.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
5.1%
Return on assets
-1.8%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€260k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1301 sector peers (2024).
NBB · sector comparisonPosition among 1301 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
20 d late
2022
68 d early
2021
30 d late
2020
30 d late
2019
73 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-260k▼ 49.0%
2023 · €-175k
2018: €78k
2019: €57k
2020: €29k
2021: €47k
2022: €42k
2023: €-175k
2018 → 2024
Working capital
€-2.32M
2023 · €99k
2018: €-539k
2019: €-1.05M
2020: €-207k
2021: €-282k
2022: €-134k
2023: €99k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.08M-€1.13M▲ 4.3%€1.17M▲ 3.7%€996k▼ 14.9%€736k▼ 26.1%
Operating result€214k-€250k▲ 16.9%€208k▼ 17.0%€154k▼ 26.0%€65k▼ 58.0%
Net result€29k-€47k▲ 61.2%€42k▼ 9.5%€-175k€-260k▼ 49.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 58% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14.50M
Fixed assets
€5.55M▲ 63.4%
Current assets
€8.94M▲ 33.9%
Equity and liabilities €14.50M
Equity
€736k▼ 26.1%
Debt
€13.76M▲ 51.5%
The debt ratio rises from 90.1% to 94.9%: debt grows while equity shrinks.
Key figures and ratios
Solvency
5.1%▼
2023 · 9.9%
Current ratio
0.79▼
2023 · 1.02
Quick ratio
0.03▲
2023 · 0.02
Debt / equity
18.70▲
2023 · 9.12
ROE
-35.4%▼
2023 · -17.5%
ROA
-1.8%▼
2023 · -1.7%
Debt
€13.76M▲
2023 · €9.08M
Debt ≤ 1 year
€11.26M▲
2023 · €6.58M
Debt > 1 year
€2.50M=
2023 · €2.50M
Income taxes
€164▲
2023 · €0
Staff costs
€95k▲
2023 · €90k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€10.08M€14.50M▲
Fixed assets21/28€3.40M€5.55M▲
Tangible fixed assets22/27€3.32M€5.47M▲
Other tangible fixed assets26€3.32M€5.47M▲
Financial fixed assets28€82k€82k=
Current assets29/58€6.68M€8.94M▲
Stocks and contracts in progress3€6.54M€8.56M▲
Stocks30/36€6.54M€8.56M▲
Amounts receivable within one year40/41€48k€79k▲
Trade receivables40€18k€16k▼
Other amounts receivable41€30k€63k▲
Current investments50/53€274€274=
Cash at bank and in hand54/58€85k€305k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€10.08M€14.50M▲
Equity10/15€996k€736k▼
Contributions10/11€732k€732k=
Capital10€732k€732k=
Issued capital100€732k€732k=
Reserves13€62k€62k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€56k€56k=
Profit (loss) carried forward14€201k€-59k▼
Amounts payable17/49€9.08M€13.76M▲
Amounts payable after more than one year17€2.50M€2.50M=
Financial debts170/4€2.50M€2.50M=
Amounts payable within one year42/48€6.58M€11.26M▲
Financial debts43€5.82M€9.50M▲
Credit institutions430/8€5.82M€9.50M▲
Trade debts44€195k€374k▲
Suppliers440/4€195k€374k▲
Taxes, remuneration and social security45€96k€15k▼
Taxes450/3€85k€3k▼
Remuneration and social security454/9€10k€12k▲
Other amounts payable47/48€470k€1.37M▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Non-recurring operating income76A€0€33k▲
Remuneration, social security and pensions62€90k€95k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€246k€164k▼
Operating profit (loss)9901€154k€65k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€328k€325k▼
Recurring financial charges65€328k€325k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-175k€-260k▼
Income taxes67/77€0€164▲
Profit (loss) for the period9904€-175k€-260k▼
Profit (loss) for the period to be appropriated9905€-175k€-260k▼
Appropriation of the result
Profit (loss) to be appropriated9906€201k€-59k▼
Profit (loss) brought forward from the previous period14P€376k€201k▼
Social balance
Average headcount (FTE)90870.01.0▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-260k
Net result drops to €-260k, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Thimister-Clermont · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chapelle des Anges 454890 Thimister-ClermontGround area
1,990 m²
Building footprint
189 m²
Parcel 63017C0240/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TRADI-CONSTRUCTION
since 19912.053.059.438
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63017C0240/00Z000 | Wallonia | 1,990 m² | 1 · 188 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
N&D PROGRESS
BE 0678.861.626
Schaarbeek · Eq €735k
DC BUILDING
BE 0881.173.041
Antwerpen · Eq €736k
GBN Bouwbedrijf
BE 0628.841.102
Sint-Niklaas · Eq €735k
COBARDI
BE 0461.215.501
Charleroi · Eq €735k
BOUWBEDRIJF VENS
BE 0873.947.630
Wingene · Eq €735k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,871. 7,618 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-03-1991
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
45211
45422
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.