TRADI - CONSTRUCT
ActiveSummary
TRADI - CONSTRUCT has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €638,280 and a net result of -€97,479. Equity is shrinking by about 5.2% per year across the filed financial years. Its solvency ranks better than 13% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Staff
- 1 FTE
- Equity
- €638,280
- Loss
- -€97,479
Why 77raises riskSector: Construction of residential and non-residential buildings (NACE 41)Equity €638,280 (4.3% of total assets)Liquidity: current ratio 0.84, cash €391,731lowers riskSize: 1 FTE, total assets €14.7mShow the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 14% on solvency, 10% on liquidity, 22% on profitability and 23% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Weakest financial yearnet -€260,154
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 196% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 92.8% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,445 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% | 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 974 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €146,247 | €105,000 | €0 | €33,336 | €12,000 | ▼ 64.0% |
| Remuneration, social security and pensions62 | - | - | - | €79,089 | €87,250 | €90,314 | €94,562 | €95,538 | ▲ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,829 | €3,631 | €3,196 | €3,196 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,471 | €1,554 | €2,000 | €3,087 | €8,695 | ▲ 182% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €2,047 | €560 | ▼ 72.6% |
| Gross operating margin9900 | €308,294 | €324,335 | €293,099 | €333,943 | €296,514 | €245,967 | €164,243 | €295,909 | ▲ 80.2% |
| Operating profit (loss)9901 | €189,196 | €203,249 | €213,977 | €250,187 | €207,710 | €153,653 | €64,547 | €191,116 | ▲ 196% |
| Financial income75/76B | - | - | - | €0 | €2,293 | €0 | €0 | €880 | ▲ 2,933× |
| Recurring financial income75 | €10,492 | €3,287 | €427 | €0 | €2,293 | €0 | €0 | €880 | ▲ 2,933× |
| Financial charges65/66B | - | - | - | €185,966 | €151,886 | €328,271 | €324,537 | €289,315 | ▼ 10.9% |
| Recurring financial charges65 | €99,323 | €133,236 | €153,292 | €178,591 | €151,299 | €328,271 | €324,537 | €289,315 | ▼ 10.9% |
| Non-recurring financial charges66B | - | - | - | €7,375 | €587 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €100,366 | €73,300 | €61,111 | €64,221 | €58,117 | -€174,619 | -€259,990 | -€97,319 | ▲ 62.6% |
| Income taxes67/77 | €21,903 | €15,968 | €32,243 | €17,678 | €16,009 | €0 | €164 | €160 | ▼ 2.7% |
| Profit (loss) for the period9904 | €78,462 | €57,331 | €28,868 | €46,543 | €42,108 | -€174,619 | -€260,154 | -€97,479 | ▲ 62.5% |
| Profit (loss) for the period to be appropriated9905 | €78,462 | €57,331 | €28,868 | €46,543 | €42,108 | -€174,619 | -€260,154 | -€97,479 | ▲ 62.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.3m | €7.5m | €7.7m | €6.7m | €8.7m | €10.1m | €14.5m | €14.7m | ▲ 1.4% |
| Fixed assets21/28 | €2.6m | €3.4m | €3.0m | €3.1m | €3.8m | €3.4m | €5.6m | €5.0m | ▼ 10.2% |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €2.6m | €3.4m | €3.0m | €3.1m | €3.8m | €3.3m | €5.5m | €4.9m | ▼ 10.0% |
| Furniture and vehicles24 | - | - | - | €0 | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €3.1m | €3.8m | €3.3m | €5.5m | €4.9m | ▼ 10.0% |
| Financial fixed assets28 | €0.004m | €0.04m | €0.04m | €0.04m | €0.04m | €0.08m | €0.08m | €0.06m | ▼ 26.1% |
| Current assets29/58 | €3.7m | €4.1m | €4.8m | €3.6m | €4.9m | €6.7m | €8.9m | €9.7m | ▲ 8.6% |
| Stocks and contracts in progress3 | €3.4m | €4.0m | €4.3m | €3.4m | €4.6m | €6.5m | €8.6m | €9.3m | ▲ 8.6% |
| Stocks30/36 | - | - | - | €3.4m | €4.6m | €6.5m | €8.6m | €9.3m | ▲ 8.6% |
| Amounts receivable within one year40/41 | €0.03m | €0.03m | €0.01m | €0.03m | €0.2m | €0.05m | €0.08m | €0.03m | ▼ 67.6% |
| Trade receivables40 | - | - | - | €0.01m | €0.2m | €0.02m | €0.02m | €0.02m | ▲ 26.9% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.02m | €0.03m | €0.06m | €0.006m | ▼ 90.9% |
| Current investments50/53 | €274 | €274 | €274 | €274 | €274 | €274 | €274 | €274 | = |
| Cash at bank and in hand54/58 | €0.3m | €0.02m | €0.4m | €0.1m | €0.02m | €0.08m | €0.3m | €0.4m | ▲ 28.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.005m | €0.004m | €0.001m | ▼ 60.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.3m | €7.5m | €7.7m | €6.7m | €8.7m | €10.1m | €14.5m | €14.7m | ▲ 1.4% |
| Equity10/15 | €1.0m | €1.1m | €1.1m | €1.1m | €1.2m | €1.0m | €0.7m | €0.6m | ▼ 13.2% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.2m | -€0.06m | -€0.2m | ▼ 166% |
| Amounts payable17/49 | €5.3m | €6.5m | €6.7m | €5.6m | €7.5m | €9.1m | €13.8m | €14.1m | ▲ 2.2% |
| Amounts payable after more than one year17 | €1.0m | €1.3m | €1.7m | €1.7m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Financial debts170/4 | - | - | - | €1.7m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Amounts payable within one year42/48 | €4.3m | €5.1m | €5.0m | €3.9m | €5.0m | €6.6m | €11.3m | €11.6m | ▲ 2.7% |
| Financial debts43 | - | - | - | €3.4m | €4.6m | €5.8m | €9.5m | €9.6m | ▲ 0.7% |
| Credit institutions430/8 | - | - | - | €3.4m | €4.6m | €5.8m | €9.5m | €9.6m | ▲ 0.7% |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.4m | €0.4m | ▲ 8.1% |
| Suppliers440/4 | - | - | - | €0.1m | €0.2m | €0.2m | €0.4m | €0.4m | ▲ 8.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.01m | €0.1m | €0.02m | €0.2m | ▲ 11× |
| Taxes450/3 | - | - | - | €0.2m | €0.003m | €0.09m | €0.003m | €0.2m | ▲ 47× |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 3.9% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.5m | €1.4m | €1.4m | ▲ 3.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €480 | €0.001m | €0 | €12 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.08m | €0.06m | €0.03m | €0.05m | €0.04m | -€0.2m | -€0.3m | -€0.1m | ▲ 62.5% |
| + Depreciation and write-downs630 | €0.004m | €0.004m | €0.003m | €0.003m | €0 | - | - | - | - |
| Operating cash flow (approximation) | €0.08m | €0.06m | €0.03m | €0.05m | €0.04m | -€0.2m | -€0.3m | -€0.1m | ▲ 62.5% |
| Investment in fixed assets (approximation) | - | -€0.8m | €0.4m | -€0.1m | -€0.7m | €0.4m | -€2.2m | €0.6m | - |
| Change in cash | - | -€0.2m | €0.4m | -€0.3m | -€0.1m | €0.07m | €0.2m | €0.09m | ▼ 60.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 24-06-2026 | 2026-00200731 |
| 31-12-2024 | full format | 03-06-2025 | 2025-00125001 |
| 31-12-2023 | full format | 20-08-2024 | 2024-00356723 |
| 31-12-2022 | full format | 24-05-2023 | 2023-00093285 |
| 31-12-2021 | full format | 30-08-2022 | 2022-20382722 |
| 31-12-2020 | full format | 30-08-2021 | 2021-59300356 |
| 31-12-2019 | full format | 19-05-2020 | 2020-12500057 |
| 31-12-2018 | full format | 01-07-2019 | 2019-25800597 |
| 31-12-2017 | full format | 04-06-2018 | 2018-15400600 |
| 31-12-2016 | micro format | 28-06-2017 | 2017-23200163 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEMONCEAU Jean-François |
|
Owners and capital
Owners
2 ownersOwners 2
-
share not stated
- Jean-François Léon DEMONCEAUnatural personSourceown accounts 2022share not stated
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- DEMONCEAU IMMO CONCEPT (BE 0501.596.896)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 06-07-2023 Capital increase of BEF 1,000,000 · to BEF 1,600,000 · 1,000 new shares · “création parts sociales nouvelles valeur nominale”
- 06-07-2023 Capital increase of BEF 901,074 · to BEF 2,501,074 · from reserves
- 06-07-2023 Capital increase of €670,000 · to €732,000 · from reserves
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-07
Gazette deed
Reappointment: DEMONCEAU Jean-François (director)Power of attorney · Registered office clause · Shareholding21 facts ▸
- Power of attorney, Edouard-Jean NAVEZ
- Power of attorney
- Registered office clause, “4890 Thimister-Clermont Chapelle des Anges numéro 45” (deed in French)
- Director reappointment, DEMONCEAU Jean-François (director)
- Other provision, “décharge administrateur démissionnaire, assemblée générale décidera à prochaine assemblée générale annuelle sur décharge pour exécution mandat” (deed in French)
- Other provision, “toutes décisions prises à unanimité des voix, 10 heures” (deed in French)
- General meeting, 29-06-2023
- Other provision, “président,secrétaire,scrutateur, présidence-bureau” (deed in French)
- Other provision, “composition-assemblée, registre des actions nominatives” (deed in French)
- Shareholding, 29-06-2023
- Other provision, “société anonyme”, 1 (deed in French)
- Other provision, 2, “ordre_du_jour-point2” (deed in French)
- +9 further facts in this act
About the unread acts
Of the 11 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0443.470.934
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63017C0240/00Z000 | Wallonia | 1,990 m² | 1 · 188 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise générale de construction clé sur porte et dérivés (entrepreneur menuisier—charpentier, entrepreneur de maçonnerie et de béton…” (deed in French)
5 activities (deed in French)
- L’entreprise générale de construction clé sur porte et dérivés (entrepreneur menuisier—charpentier, entrepreneur de maçonnerie et de béton, installateur sanitaire et de plomberie, entrepreneur de zinguerie et de couvertures métalliques de constructions, entrepreneur de couvertures non-métalliques de constructions)
- Toutes opérations générales quelconques industrielles, commerciales, financières, mobilières et immobilières se rapportant directement ou indirectement à l’entreprise de construction
- Le placement de tous produits ignifuges et dérivés
- Acheter, construire, donner ou prendre en location, vendre, échanger et transformer tous immeubles, créer, et exploiter des lotissements
- S’intéresser par toutes voies dans toutes affaires, entreprises ou sociétés ayant un objet identique, analogue, similaire ou connexe ou qui sont de nature à favoriser le développement de son entreprise, à lui procurer des matières premières ou à faciliter l’écoulement de ses produits et services
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TRADI-CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales Belgique et étranger” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Administrateur, sauf décision contraire de l'assemblée générale” (deed in French)“1, organe d’administration” (deed in French)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Liquidation par administrateur unique en fonction, dissolution pour quelque raison que ce soit et à n’importe quel moment” (deed in French)1 more provision on this in the deed