Traen Noël
ActiveTraen Noël has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €481k and a net result of €-4k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▼-2
Solvency49▲+2
Growth54=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.58 in 2023; short-term debt: 46% and cash: 4.1% of total assets), but 75.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2023
6 d late
2022
4 d early
2021
1 d early
2020
on the day
2019
on the day
2018
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Turnover
€4.92M▲ 9.5%
2022 · €4.49M
2018: €3.46M
2020: €3.11M
2022: €4.49M
2018 → 2023
EBIT margin
0.8%▼ 0.8pp
2022 · 1.6%
2018: 0.8%
2020: 1.1%
2022: 1.6%
2018 → 2023
Net result
€-4k
2023 · €1k
2018: €7k
2019: €26k
2020: €16k
2021: €8k
2022: €40k
2023: €1k
2018 → 2025
Working capital
€762k▲ 15.7%
2023 · €658k
2018: €438k
2019: €659k
2020: €701k
2021: €657k
2022: €764k
2023: €658k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Turnover€3.11M-€4.49M€4.92M▲ 9.5%
Equity€436k-€444k▲ 1.9%€484k▲ 9.0%€485k▲ 0.2%€481k▼ 0.9%
Operating result€34k-€31k▼ 11.0%€72k▲ 135%€37k▼ 48.3%€74k▲ 100%
Net result€16k-€8k▼ 49.5%€40k▲ 390%€1k▼ 97.2%€-4k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €74k in 2025, compared with €37k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.97M
Fixed assets
€300k▼ 24.1%
Current assets
€1.67M▼ 6.6%
Equity and liabilities €1.97M
Equity
€481k▼ 0.9%
Debt
€1.49M▼ 12.3%
The debt ratio falls from 77.7% to 75.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€170k▲
2023 · €113k
Cash flow
€91k▲
2023 · €77k
Solvency
24.4%▲
2023 · 22.3%
Current ratio
1.84▲
2023 · 1.58
Quick ratio
0.58▲
2023 · 0.34
Debt / equity
3.09▼
2023 · 3.49
ROE
-0.9%▼
2023 · 0.2%
ROA
-0.2%▼
2023 · 0.1%
Interest coverage
2.32▼
2023 · 3.16
Debt
€1.49M▼
2023 · €1.70M
Debt ≤ 1 year
€905k▼
2023 · €1.13M
Debt > 1 year
€527k▼
2023 · €548k
Income taxes
€8k▲
2023 · €1k
Staff costs
€1.18M▲
2023 · €607k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€2.18M€1.97M▼
Fixed assets21/28€396k€300k▼
Intangible fixed assets21€10k€3k▼
Tangible fixed assets22/27€386k€298k▼
Land and buildings22€137k€130k▼
Plant, machinery and equipment23€86k€114k▲
Furniture and vehicles24€162k€53k▼
Current assets29/58€1.79M€1.67M▼
Stocks and contracts in progress3€1.40M€1.14M▼
Stocks30/36€1.35M€1.10M▼
Contracts in progress37€47k€42k▼
Amounts receivable within one year40/41€318k€425k▲
Trade receivables40€318k€288k▼
Other amounts receivable41-€137k
Cash at bank and in hand54/58€52k€80k▲
Deferred charges and accrued income490/1€13k€18k▲
Equity and liabilities
Total equity and liabilities10/49€2.18M€1.97M▼
Equity10/15€485k€481k▼
Contributions10/11€62k€62k=
Reserves13€423k€419k▼
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€43k€43k=
Distributable reserves133€374k€370k▼
Amounts payable17/49€1.70M€1.49M▼
Amounts payable after more than one year17€548k€527k▼
Financial debts170/4€25k€0▼
Other amounts payable178/9€523k€527k▲
Amounts payable within one year42/48€1.13M€905k▼
Current portion of amounts payable after more than one year42€33k€0▼
Financial debts43€311k€350k▲
Credit institutions430/8€311k€350k▲
Trade debts44€369k€204k▼
Suppliers440/4€369k€204k▼
Advances received on contracts in progress46€24k€151k▲
Taxes, remuneration and social security45€156k€154k▼
Taxes450/3€87k€62k▼
Remuneration and social security454/9€69k€92k▲
Other amounts payable47/48€235k€46k▼
Accrued charges and deferred income492/3€21k€55k▲
Income statement
Code20232025
Turnover70€4.92M-
Non-recurring operating income76A-€3k
Goods, raw materials, services and sundry goods60/61€4.24M-
Remuneration, social security and pensions62€607k€1.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€95k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-11k€4k▲
Other operating charges640/8€24k€44k▲
Gross operating margin9900€734k€1.40M▲
Operating profit (loss)9901€37k€74k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€36k€73k▲
Recurring financial charges65€36k€73k▲
Profit (loss) for the period before taxes9903€2k€3k▲
Income taxes67/77€1k€8k▲
Profit (loss) for the period9904€1k€-4k▼
Profit (loss) for the period to be appropriated9905€1k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-4k▼
Transfer from equity791/2-€4k
Transfer to equity691/2€1k€0▼
To other reserves6921€1k€0▼
Social balance
Average headcount (FTE)908711.19.8▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-4k ▼494%
Net result drops to €-4k, the lowest in the series.
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €40k ▲390%
Net result €40k, the highest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jabbeke · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gistelsteenweg 2858490 JabbekeGround area
2,929 m²
Building footprint
841 m²
Volume, LiDAR
4,526 m³
Parcel 31012C0106/00Y000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRAEN NOEL
since 19982.089.720.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012C0106/00Y000 | Flanders | 2,929 m² | 1 · 841 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 8,658 EUR awarded · 8,982 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 870 EUR | 870 EUR |
| 2024 | 2 | 2,800 EUR | 3,321 EUR |
| 2023 | 2 | 3,472 EUR | 3,983 EUR |
| 2022 | 1 | 1,516 EUR | 808 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
Ollivier Halle
BE 0536.437.912
Beersel · Eq €481k
AUTO'S KODA
BE 0846.934.912
Torhout · Eq €481k
Garage Van Der Stukken
BE 0401.358.185
Bree · Eq €480k
LUIGI MARRAZZA
BE 0422.652.259
Namur · Eq €482k
LOUYET EXCLUSIVE
BE 0833.517.535
Waterloo · Eq €479k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-1998
Fiscal year end30-06
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
20200
45194
46713Wholesale trade
50104
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.