Active BE 0444.614.346Private limited company

TRADIBO

Moerkerkebrug 15 ·8340 Damme, Belgium· 35 yrs active

Sector: Development of residential building projects (68121)

Conclusion Checked

TRADIBO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €817k and a net result of €217k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 63% of 547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€817k
Net result	€217k
Staff (FTE)	12.1
Better than sector	63%

Financial profile 5 of 5 axes measured · computed by Checked

80 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 73

Profitability 100

Solvency 58

Growth 68

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1991, 35 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

73 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€60k

estimate, not credit advice

Score history

69 2023

68 2024

73 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.46 (≥ 1.0) +5

Quick ratio Quick ratio 0.46 (< 0.6) -5

Profitability ROE 27% (≥ 10%) +10

Interest coverage Interest coverage 4.7× (≥ 3×) +8

Profit trend Net profit up YoY +5

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview34 NBB filings

Annual accounts filed on 08-12-2025 with the NBB · fiscal year 2025 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 3 fiscal years (±0%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	30.4%	16.2%	better than 63% of 547 sector peers
Net result	€217k	€6k	better than 87% of 547 sector peers
Equity	€817k	€167k	better than 73% of 547 sector peers
Gross operating margin	€1.23M	€77k	better than 91% of 546 sector peers
Staff costs	€772k	€70k	higher than 92% of 83 sector peers

EBITDA

€447k

+57.8% 23-25

Net profit

€217k

+99.0% 23-25

Cash flow

€267k

+69.6% 23-25

Total assets

€2.69M

-6.2% 23-25

Equity

€817k

0.0% 23-25

Working capital

€795k

-7.8% 23-25

Employees (FTE)

12

-0.8% 23-25

Staff costs

€772k

+15.1% 23-25

Income taxes

€85k

+118.6% 23-25

Dividends

€217k

+99.0% 23-25

Debt

€1.87M

-8.6% 23-25

Debt ≤ 1y

€1.74M

-3.4% 23-25

Debt > 1y

€125k

-48.0% 23-25

Current ratio

1.46

-1.5% 23-25

Quick ratio

0.46

+9.5% 23-25

Solvency

30.4%

+6.6% 23-25

Debt / equity

2.29

-8.6% 23-25

ROE

26.6%

+99.0% 23-25

ROA

8.1%

+112.1% 23-25

Interest coverage

4.67

+74.7% 23-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023
Deposit	abbreviated schema	abbreviated schema	abbreviated schema
Revenue	-	-	-
EBITDA	€447k	€283k	€141k
Net profit	€217k	€109k	€20k
Cash flow	€267k	€158k	€83k
Staff costs	€772k	€671k	€715k
Income taxes	€85k	€39k	€17k
Dividends	€217k	€109k	-
Total assets	€2.69M	€2.86M	€2.32M
Equity	€817k	€817k	€817k
Debt	€1.87M	€2.05M	€1.51M
of which ≤ 1y	€1.74M	€1.80M	€1.45M
of which > 1y	€125k	€241k	€59k
Working capital	€795k	€862k	€731k
Employees (FTE)	12.1	12.2	13.2

Ratios (computed)

	2025	2024	2023
Current ratio	1.46	1.48	1.51
Quick ratio	0.46	0.42	0.43
Working capital ratio	29.6%	30.1%	31.5%
Solvency	30.4%	28.5%	35.2%
Debt / equity	2.29	2.50	1.84
Long-term debt ratio	0.15	0.30	0.07
Interest coverage	4.67	2.67	3.37
Gross margin	-	-	-
Net margin	-	-	-
ROA	8.1%	3.8%	0.8%
ROE	26.6%	13.4%	2.4%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €147k · 5.5% Current assets €2.54M · 94.5%

Equity & liabilities

Equity €817k · 30.4% Debt €1.87M · 69.6%

Full annual accounts (26 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.69M	€2.86M	€2.32M
Fixed assets	21/28	€147k	€196k	€145k
Intangible fixed assets	21	-	€1k	€2k
Tangible fixed assets	22/27	€141k	€189k	€136k
Financial fixed assets	28	€6k	€6k	€6k
Current assets	29/58	€2.54M	€2.67M	€2.18M
Stocks & contracts in progress	3	€1.74M	€1.91M	€1.55M
Amounts receivable within one year	40/41	€605k	€370k	€279k
Cash & bank	54/58	€181k	€377k	€336k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.69M	€2.86M	€2.32M
Equity	10/15	€817k	€817k	€817k
Contributions / capital	10/11	€63k	€63k	€63k
Reserves	13	€170k	€170k	€170k
Accumulated profits (losses)	14	€584k	€584k	€584k
Amounts payable	17/49	€1.87M	€2.05M	€1.51M
Amounts payable after one year	17	€125k	€241k	€59k
Amounts payable within one year	42/48	€1.74M	€1.80M	€1.45M
Trade debts payable within one year	44	€979k	€830k	€652k
Income statement
Gross operating margin	9900	€1.23M	€1.05M	€868k
Operating result	9901	€397k	€235k	€78k
Financial income	75	€906	€19k	€33
Financial charges	65	€96k	€106k	€42k
Result before taxes	9903	€302k	€148k	€36k
Income taxes	67/77	€85k	€39k	€17k
Net result for the period	9904	€217k	€109k	€20k
Result to be appropriated	9905	€217k	€109k	€20k

Legal Structure

NACE primary	Development of residential building projects(68121)
Legal form	Private limited company(610)
Incorporation	08-07-1991
Status	Active
Postal code	8340

Establishment units 1 location

TRADIBO BVBA

Moerkerkebrug 15, 8340 DammeNACE 4520002

since 19942.054.350.528

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31019C0674/00H000indicative	Flanders	1,450 m²	1 · 657 m²	14.3 m

Methodology

via registered seat: 1

0 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 11Financial 1Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2025

08-12