Equity
€390,782 ▲ 17.9%
Trae has made a profit in every financial year since 2022.
Trae
Lifetime
4 annual accounts with figures on one time axispeak €314,033 (2025)
€314,033▲ 314%
peak €212,119 (2023)
€59,321▲ 63.5%
peak €390,782 (2025)
€390,782▲ 17.9%
€2.9m▲ 40.6%
peak 1 FTE (2025)
1 FTE
Board2 names since 2021
1 director
Owners2 names in the annual accounts
consolidates
Documentsfilings and deeds
22-09-202653 days late
2025abbreviated format
Gross margin from €75,914 to €314,033Result from €36,289 to €59,321Equity from €331,461 to €390,782Debts from €2.0m to €2.9mCash from €341,370 to €132,444
Key points
from the 2025 annual accountsTurnover
≈ €1.6m estimated
The accounts state no turnover.
Debts
€2.9m 88% of the balance sheet
Suppliers 60%Taxes and wages 2%Other 38%
At the same address
15 companies
Board
1 joined
New director. Latest change 20-03-2026 · 2 in office.
Position in the sector
12.0%
Lower solvency than 82% of companies in wholesale trade. Sector median 44.1% · 10,745 companies.
2025 accounts filed 53 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,272 companies had the same profile as Trae has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 3,272 companies, not a prediction for Trae. 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
Appointment: (director)
General meeting of 20-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0763772654
Registered office moved from Borgerhout to Ostend
New registered office: Victorialaan 9 bus 15.01 te 8400 Oostende · Previous registered office: Buurtspoorweglei 16 bus 601 te 2140 Borgerhout (Antwerpen) · Gazette deed
Incorporation
Founding capital of €10,000 · Founder: · Appointment: (director) · published on 22-02-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Trae Ostend | €3.3m | €314,033 | 12.0% | 1 |
| REWOOD Menen | €5.6m | €701,219 | 69.5% | 2.1 |
| MAPEX Schoten | €1.7m | €108,587 | 73.0% | 0.7 |
| ARK - SHELTER Lichtervelde | €2.4m | €244,158 | 74.3% | 1.6 |
| PDV-Deuren Roeselare | €2.0m | €380,206 | 61.9% | 0.4 |
| PROFENCE Stekene | €1.8m | €161,472 | 51.7% | 1 |
| HOLZ GILLES & Partner Bullange | €3.4m | €612,900 | 25.9% | 4.6 |
These companies have the same main activity as Trae: wholesale of timber (NACE 46832). They are comparable in size and age: total assets between €1.7m and €5.6m, founded between 2015 and 2021.
Official details
Source: KBO- Status
- Active since 18-02-2021Normal situation
- Registered office
- 17 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Wholesale of timberNACE 46832
- Establishment unit
- 2.315.292.2088400 Ostend, since 18-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 14-08-2025
Insights on Trae
Trae files the abbreviated format. That format states no turnover. The gross margin rose from €117,894 in 2022 to €314,033 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 Trae
- What is the company number of Trae?
- The company number of Trae is 0763.772.654. The VAT number is the same number with BE in front: BE 0763.772.654.
- Where is Trae based?
- The registered office is at Victorialaan 9, 8400 Ostend.Company details
- What does Trae do?
- According to the KBO register, the main activity is wholesale of timber (NACE 46832).
- What is the legal form of Trae?
- Trae is a private limited company (BV).
- When was Trae founded?
- Trae was founded on 18-02-2021.
- Is Trae still active?
- Yes, Trae is an active enterprise in the KBO register.
- How many employees does Trae have?
- Trae had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Trae?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €314,033 and 139 comparable companies (NACE 46). It probably lies between €1.0m and €2.7m.
- Is Trae profitable?
- In financial year 2025, Trae made a profit of €59,321.
- Where can I find the annual accounts of Trae?
- Trae filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Trae due?
- Trae must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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