Equity
€39,115 from €137,403 in 2009
Equity fell by 72% in 16 years.
TRADITION
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1992peak €228,535 (2015)
€7,648▼ 1.4%
lowest -€31,137 (2013)
-€8,426▲ €437
peak €137,403 (2009)
€39,115▼ 17.7%
€163,581▼ 3.5%
Board3 names since 2015
3 directors and 2 others
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Loss of €8,426Equity from €47,541 to €39,115Cash from €960 to €524
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,453 companies had the same profile as TRADITION has now. Each dot stands for 7 companies, two years later.
93.1%
were still trading
5.1%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,453 companies, not a prediction for TRADITION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
3 directors reappointed
(chair of the board and managing director), and · General meeting of 15-09-2021 · Gazette deed
3 directors reappointed
(chair of the board and managing director), and · General meeting of 26-06-2015 · Gazette deed
First establishment
Chemin des Vignerons 46, Namur
Incorporation
published on 26-11-1991 · Gazette deed
Official details
Source: KBO- Status
- Active since 31-10-1991Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.055.241.0475100 Namur, since 09-12-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €58,000estimated
- €202,696▼ 6.6%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on TRADITION
TRADITION files the micro format. That format states no turnover. The gross margin rose from €1,175 in 2006 to €7,648 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TRADITION
- What is the company number of TRADITION?
- The company number of TRADITION is 0445.633.836. The VAT number is the same number with BE in front: BE 0445.633.836.
- Where is TRADITION based?
- The registered office is at Rue de la Giloterie,Vitrival 3, 5070 Fosses-la-Ville.Company details
- What is the legal form of TRADITION?
- TRADITION is a public limited company (NV).
- When was TRADITION founded?
- TRADITION was founded on 31-10-1991.
- Is TRADITION still active?
- Yes, TRADITION is an active enterprise in the KBO register.
- What is the turnover of TRADITION?
- The turnover in financial year 2025 is ≈ €58,000. This figure is estimated from the gross margin of €7,648 and 6,298 comparable companies of the same size. It probably lies between €27,000 and €140,000. It is a rough estimate.Financials
- Is TRADITION profitable?
- In financial year 2025, TRADITION made a loss of €8,426.
- Where can I find the annual accounts of TRADITION?
- TRADITION filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TRADITION due?
- TRADITION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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