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TRADING GROUP

Active
Private limited companyfounded 20242 yrs activeRue Rodolphe Delval(TR) 52A, 6183 Courcelles, BelgiumKBO/BCE: BE 1011.375.250
Summary

The computed 12-month bankruptcy probability of TRADING GROUP is 4.4% (elevated). The 2025 annual accounts show equity of €8,623 and a net result of €7,623. Its solvency ranks better than 41% of 18973 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability90
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.31; short-term debt: 76.1% and cash: 22.3% of total assets), and 76.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
60 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TRADING GROUP was incorporated on 9 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€8,623
Total assets
€36,034
Net result
€7,623
Working capital
€8,523

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €36,034
Fixed assets €100
Current assets €35,934
Equity and liabilities €36,034
Equity €8,623
Debt €27,411
Debt finances 76.1% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.31
Quick ratio
0.52
Debt to equity
3.18
ROE
88.4%
ROA
21.2%
Debt ≤ 1 year
€27,411
Income taxes
€3,206
Staff costs
€16,549

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.4% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,976 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
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€36,034
Fixed assets21/28€100
Financial fixed assets28€100
Current assets29/58€35,934
Stocks and contracts in progress3€21,553
Stocks30/36€21,553
Amounts receivable within one year40/41€6,339
Other amounts receivable41€6,339
Cash at bank and in hand54/58€8,042
Equity and liabilities
Total equity and liabilities10/49€36,034
Equity10/15€8,623
Contributions10/11€1,000
Profit (loss) carried forward14€7,623
Amounts payable17/49€27,411
Amounts payable within one year42/48€27,411
Trade debts44€8,379
Suppliers440/4€8,379
Taxes, remuneration and social security45€11,561
Taxes450/3€3,206
Remuneration and social security454/9€8,356
Other amounts payable47/48€7,471
Income statement Code2025
Remuneration, social security and pensions62€16,549
Other operating charges640/8€7,471
Gross operating margin9900€38,829
Operating profit (loss)9901€14,809
Financial income75/76B€22
Recurring financial income75€22
Financial charges65/66B€4,003
Recurring financial charges65€4,003
Profit (loss) for the period before taxes9903€10,828
Income taxes67/77€3,206
Profit (loss) for the period9904€7,623
Profit (loss) for the period to be appropriated9905€7,623
Appropriation of the result
Profit (loss) to be appropriated9906€7,623

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€16,549
Other operating charges640/8€7,471
Gross operating margin9900€38,829
Operating profit (loss)9901€14,809
Financial income75/76B€22
Recurring financial income75€22
Financial charges65/66B€4,003
Recurring financial charges65€4,003
Profit (loss) for the period before taxes9903€10,828
Income taxes67/77€3,206
Profit (loss) for the period9904€7,623
Profit (loss) for the period to be appropriated9905€7,623
Line2025
Assets
Total assets20/58€36,034
Fixed assets21/28€100
Financial fixed assets28€100
Current assets29/58€35,934
Stocks and contracts in progress3€21,553
Stocks30/36€21,553
Amounts receivable within one year40/41€6,339
Other amounts receivable41€6,339
Cash at bank and in hand54/58€8,042
Equity and liabilities
Total equity and liabilities10/49€36,034
Equity10/15€8,623
Contributions10/11€1,000
Profit (loss) carried forward14€7,623
Amounts payable17/49€27,411
Amounts payable within one year42/48€27,411
Trade debts44€8,379
Suppliers440/4€8,379
Taxes, remuneration and social security45€11,561
Taxes450/3€3,206
Remuneration and social security454/9€8,356
Other amounts payable47/48€7,471
Line2025
Profit (loss) for the period9904€7,623
Operating cash flow (approximation)€7,623

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
29-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 60 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Courcelles · 4 establishment units since 2024
seat establishment approximate All 4 establishment units on the map
Ground area
1,507 m²
Building footprint
636 m²
Volume, LiDAR
5,803 m³
5 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
TRADING GROUP
Rue Rodolphe Delval(TR) 52, 6183 CourcellesRetail trade
since 20242.362.142.614
TABAC SHOP
Avenue Foch 717, 7012 MonsNon-specialised retail sale with food, beverages or tobacco predominating
since 20252.371.939.416
TRADING SHOP
Rue Rodolphe Delval(TR) 50, 6183 CourcellesNon-specialised retail sale with food, beverages or tobacco predominating
since 20252.373.449.151
TABAC SHOP
Route de Charleroi(EP) 217, 7134 BincheNon-specialised retail sale with food, beverages or tobacco predominating
since 20252.375.203.663
5 parcels
Wallonia 5 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52066B0670/00G008indicative Wallonia 421 m² 1 · 101 m² 11.2 m · 3 fl.
56043C0010/00D003 Wallonia 321 m² 1 · 232 m² 11.0 m · 3 fl.
53043B0745/00T000 Wallonia 300 m² 1 · 130 m² 10.8 m · 3 fl.
52066B0670/00T010 Wallonia 258 m² 1 · 29 m² 10.5 m · 3 fl.
52066B0670/00R010 Wallonia 206 m² 1 · 144 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
4 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

4 sites
Binche2.375.203.663
1 permission
Toelating · Detailhandel · since 14-07-2025
Courcelles2.362.142.614
1 permission
Toelating · Detailhandel · since 09-04-2025
Courcelles2.373.449.151
1 permission
Toelating · Detailhandel · since 16-06-2025
Mons2.371.939.416
1 permission
Toelating · Detailhandel · since 08-04-2025

Similar companies · same sector, comparable size

Of 10,504 companies in this sector we hold annual accounts for 5,855. 3,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded09-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
52250Logistics services
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011375250
Registered 22-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.