TRADISTONE
ActiveSummary
TRADISTONE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,526 and a net result of €71,834. Equity is shrinking by ~21.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 14462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+37
Solvency27▲+9
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 9.52 against 3.48 in 2024; short-term debt: 3% and cash: 27.4% of total assets), but 98.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.7%
Return on assets
9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 14462 sector peers (2025).
NBB · sector comparisonPosition among 14462 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
94 d early
2024
38 d early
2023
9 d early
2022
25 d early
2021
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 July (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€13,526
2024 · -€58,308
Total assets
€795,161▲ 0.3%
2024 · €792,780
Net result
€71,834
2024 · -€8,161
Working capital
€201,758▲ 42.0%
2024 · €142,050
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€19,937--€27,050▼ 35.7%-€2,221▲ 91.8%-€576▲ 74.1%€79,649
Net result-€21,514below the sector's middle half--€33,359below the sector's middle half▼ 55.1%-€10,274below the sector's middle half▲ 69.2%-€8,161within the sector's middle half▲ 20.6%€71,834above the sector's middle half
Equity-€6,514below the sector's middle half--€39,873below the sector's middle half▼ 512%-€50,147below the sector's middle half▼ 25.8%-€58,308below the sector's middle half▼ 16.3%€13,526within the sector's middle half
Total assets€248,573within the sector's middle half-€620,235within the sector's middle half▲ 150%€792,823within the sector's middle half▲ 27.8%€792,780within the sector's middle half=€795,161within the sector's middle half▲ 0.3%
Debt€255,087-€660,108▲ 159%€842,971▲ 27.7%€851,088▲ 1.0%€781,635▼ 8.2%
Working capital-€72,040below the sector's middle half-€23,708within the sector's middle half€148,125above the sector's middle half▲ 525%€142,050above the sector's middle half▼ 4.1%€201,758above the sector's middle half▲ 42.0%
Solvency-2.6%below the sector's middle half--6.4%below the sector's middle half▼ 3.8pp-6.3%below the sector's middle half▲ 0.1pp-7.4%below the sector's middle half▼ 1.0pp1.7%below the sector's middle half▲ 9.1pp
Current ratio0.29below the sector's middle half-2.13within the sector's middle half▲ 1.856.34above the sector's middle half▲ 4.213.48above the sector's middle half▼ 2.879.52above the sector's middle half▲ 6.04
Return on assets (ROA)-8.7%below the sector's middle half--5.4%below the sector's middle half▲ 3.3pp-1.3%within the sector's middle half▲ 4.1pp-1.0%within the sector's middle half▲ 0.3pp9.0%within the sector's middle half▲ 10.1pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €79,649 after a loss of €576 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €795,161
Fixed assets
€569,716 ▼ 4.0%
Current assets
€225,444 ▲ 13.0%
Equity and liabilities €795,161
Equity
€13,526
Debt
€781,635
Debt finances 98.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€103,284▲
2024 · €23,058
Cash flow
€95,468▲
2024 · €15,474
Quick ratio
9.31▲
2024 · 0.32
Debt to equity
57.79
ROE
531.1%
Interest coverage
14.29▲
2024 · 3.04
Debt ≤ 1 year
€23,686▼
2024 · €57,379
Debt > 1 year
€755,975▼
2024 · €792,437
Income taxes
€2,133
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 875 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.4%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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%.
| 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 875 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,299 | €23,784 | €22,533 | €23,634 | €23,634 | = |
| Other operating charges640/8 | €1,251 | €4,571 | €5,891 | €6,333 | €6,544 | ▲ 3.3% |
| Gross operating margin9900 | -€8,387 | €1,305 | €26,203 | €29,391 | €109,828 | ▲ 274% |
| Operating profit (loss)9901 | -€19,937 | -€27,050 | -€2,221 | -€576 | €79,649 | ▲ 13,928% |
| Financial income75/76B | €0 | €1 | - | - | €1,548 | - |
| Recurring financial income75 | €0 | €1 | - | - | €1,548 | - |
| Financial charges65/66B | €1,578 | €6,310 | €8,053 | €7,585 | €7,230 | ▼ 4.7% |
| Recurring financial charges65 | €1,578 | €6,310 | €8,053 | €7,585 | €7,230 | ▼ 4.7% |
| Profit (loss) for the period before taxes9903 | -€21,514 | -€33,359 | -€10,274 | -€8,161 | €73,967 | ▲ 1,006% |
| Income taxes67/77 | - | - | - | - | €2,133 | - |
| Profit (loss) for the period9904 | -€21,514 | -€33,359 | -€10,274 | -€8,161 | €71,834 | ▲ 980% |
| Profit (loss) for the period to be appropriated9905 | -€21,514 | -€33,359 | -€10,274 | -€8,161 | €71,834 | ▲ 980% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €248,573 | €620,235 | €792,823 | €792,780 | €795,161 | ▲ 0.3% |
| Fixed assets21/28 | €219,766 | €575,593 | €616,985 | €593,351 | €569,716 | ▼ 4.0% |
| Tangible fixed assets22/27 | €219,766 | €575,593 | €616,985 | €593,351 | €569,716 | ▼ 4.0% |
| Land and buildings22 | €219,766 | €575,593 | €616,985 | €593,351 | €569,716 | ▼ 4.0% |
| Current assets29/58 | €28,807 | €44,642 | €175,838 | €199,429 | €225,444 | ▲ 13.0% |
| Stocks and contracts in progress3 | - | - | €169,012 | €180,783 | €5,000 | ▼ 97.2% |
| Stocks30/36 | - | - | €169,012 | €180,783 | €5,000 | ▼ 97.2% |
| Amounts receivable within one year40/41 | €28,438 | - | - | - | - | - |
| Trade receivables40 | €28,438 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €44,033 | €5,961 | €4,038 | €217,669 | ▲ 5,290% |
| Deferred charges and accrued income490/1 | €370 | €609 | €865 | €14,608 | €2,775 | ▼ 81.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €248,573 | €620,235 | €792,823 | €792,780 | €795,161 | ▲ 0.3% |
| Equity10/15 | -€6,514 | -€39,873 | -€50,147 | -€58,308 | €13,526 | ▲ 123% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€21,514 | -€54,873 | -€65,147 | -€73,308 | -€1,474 | ▲ 98.0% |
| Amounts payable17/49 | €255,087 | €660,108 | €842,971 | €851,088 | €781,635 | ▼ 8.2% |
| Amounts payable after more than one year17 | €154,240 | €639,049 | €814,596 | €792,437 | €755,975 | ▼ 4.6% |
| Financial debts170/4 | €154,240 | €639,049 | €814,596 | €792,437 | €755,975 | ▼ 4.6% |
| Amounts payable within one year42/48 | €100,847 | €20,934 | €27,713 | €57,379 | €23,686 | ▼ 58.7% |
| Current portion of amounts payable after more than one year42 | €8,844 | €19,505 | €23,256 | €22,159 | €22,009 | ▼ 0.7% |
| Trade debts44 | €3,160 | €943 | €2,117 | €427 | €8 | ▼ 98.0% |
| Suppliers440/4 | €3,160 | €943 | €2,117 | €427 | €8 | ▼ 98.0% |
| Taxes, remuneration and social security45 | €183 | €58 | €225 | - | €1,669 | - |
| Taxes450/3 | €183 | €58 | €225 | - | €1,669 | - |
| Other amounts payable47/48 | €88,660 | €429 | €2,114 | €34,793 | - | - |
| Accrued charges and deferred income492/3 | - | €125 | €661 | €1,272 | €1,973 | ▲ 55.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,514 | -€33,359 | -€10,274 | -€8,161 | €71,834 | ▲ 980% |
| + Depreciation and write-downs630 | €10,299 | €23,784 | €22,533 | €23,634 | €23,634 | = |
| Operating cash flow (approximation) | -€11,215 | -€9,576 | €12,259 | €15,474 | €95,468 | ▲ 517% |
| Investment in fixed assets (approximation) | - | -€379,611 | -€63,925 | €0 | €0 | - |
| Change in cash | - | - | -€38,072 | -€1,923 | €213,631 | ▲ 11,211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €71,834
Net result €71,834 after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 9.52
Current ratio from 3.48 to 9.52; short-term debt falls from €57,379 to €23,686.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 6.34
Current ratio from 2.13 to 6.34.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€33,359
Net result drops to -€33,359, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 2.13
Current ratio from 0.29 to 2.13; short-term debt falls from €100,847 to €20,934.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Amay · 1 establishment unit since 2021
Ground area
2,118 m²
Building footprint
140 m²
Volume, LiDAR
591 m³
Parcel 61003A0014/00P000, Wallonia · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TRADISTONE
since 20212.314.272.619
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61003A0014/00P000 | Wallonia | 2,118 m² | 1 · 140 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,321 companies in this sector we hold annual accounts for 5,390. 2,142 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
Founded23-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Contact
E-mail
laurentolivier1@hotmail.com
Phone
+32496324925
E-invoicing
Reachable via Peppol
Peppol ID
0208:0763961607
Also
9925:BE0763961607
Registered
12-01-2026
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.