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Traen Noël

Active Private limited companyfounded 1998active for 27 yearsGistelsteenweg 285, 8490 JabbekeKBO/BCE: BE 0464.742.242 subsidiary of MTS#7 employer in Jabbeke, Wholesale and retail trade sector

Lifetime

18 annual accounts with figures on one time axis, 25 filings since 2000
peak €1.4m (2025)
€1.4m 
lowest -€4,492 (2025)
-€4,492 
peak €485,441 (2023)
€480,949 
€1.5m 
peak 11.1 FTE (2023)
9.8 FTE 
Board4 names since 2021
2 directorsMTS BV and 1 other
Owners
75.2%MTS
Documentsfilings and deeds
29-01-20262 days before the deadline
2025abbreviated format
Loss of €4,492No figures for the year before

Key points

from the 2025 annual accounts

Turnover

≈ €5.5m estimated

The abbreviated format states no turnover.

Debts

€1.5m 76% of the balance sheet
Financial debts 24%Suppliers 14%Taxes and wages 10%Other 52%

Of this, €905,269 falls due within a year.

Staff

10 employees on 30-06-2025
28272021414220223836202341432025

In 2025, 41 people joined and 43 left.

Checked score

68
Healthy
Financially stronger than 33% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6%lowest value 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.2 percentage points vs 03-2025 05-2025: 1.4%▲ +0.5 percentage points vs 04-2025 06-2025: 1.7%▲ +0.3 percentage points vs 05-2025 07-2025: 2.3%▲ +0.6 percentage points vs 06-2025 08-2025: 2.4%▲ +0.1 percentage points vs 07-2025 09-2025: 2.6%▲ +0.2 percentage points vs 08-2025 10-2025: 3.7%▲ +1.1 percentage points vs 09-2025highest value 11-2025: 3.7%● unchanged vs 10-2025highest value 12-2025: 3.7%● unchanged vs 11-2025highest value 01-2026: 3.4%▼ -0.3 percentage points vs 12-2025 02-2026: 0.6%▼ -2.8 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.1 percentage points vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Weak

49+2equity 24.4% of total assets
33+6short-term debt 46.0% · cash 4.1%
38-2return on assets -0.2%

Score breakdown

raises risk
Size: 9.8 FTE, total assets €2.0m
Sector: Retail trade (NACE 47)
Loss of €4,492 (financial year 2025)
lowers risk
Founded in 1998
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 40% of them on solvency, 30% on liquidity and 29% on profitability.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,450 companies had the same profile as Traen Noël has now. Each dot stands for 7 companies, two years later.

93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Traen Noël itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 2,450 companies, not a prediction for Traen Noël. 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

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.84 (1.58 in 2023), above the usual 1.5. Short-term debt is 46% and cash 4.1% of total assets. However, 75.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: 9.8 FTE, total assets €2.0m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Loss of €4,492 (financial year 2025)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
2 days early
2023
6 days late
2022
4 days early
2021
1 day early
2020
on the day
2019
on the day
2018
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 47), the median for financial year 2023 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MB
Director
TF
Traen Fernand
Director
  • MTS 75.2%score 93equity €342,416 (2026) · 31-03-2025 annual accounts of MTS
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0464742242
Permanent representative: Stefan Traen General meeting of 26-09-2024 · Gazette deed
Changes of role: Noël Traen (director) and Bernadette Coudeville (director) General meeting of 27-12-2023 · Gazette deed
Environmental permit refused Wijzigen van een publiciteitsinrichting · Provincie West-Vlaanderen
All 33 events

Comparable companies

same main activity, similar in size and age
Company
Traen Noël Jabbeke €2.0m €1.4m 24.4% 9.8
DINAC Antwerp €1.8m €1.2m 12.8% 12.5
Beckers Motors & Partners Leuven €1.9m €1.1m 52.8% 9.3
RECON Ostend €3.0m €1.3m 58.7% 10.6
GARAGE UNIVERSEL Blankenberge €2.4m €0.9m 50.5% 10
DE TANDT MARC - GARAGE Erpe-Mere €1.7m €0.9m 65.6% 8.7
Garage Amebo Arendonk €2.0m €1.2m -3.7% 7.4

These companies have the same main activity as Traen Noël: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €1.7m and €3m, founded between 1984 and 2003.

Official details

Source: KBO
Status
Active since 04-12-1998Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 2 others
Establishment unit
2.089.720.0928490 Jabbeke, since 23-12-1998
Financial year end
30 June
Peppol
Reachable since 07-01-2026
Company details

Annual accounts to 30-06-2025

€2.0m
Employeeson 30-06-2025
10
Filing
Filed on 29-01-2026, 2 days before the end of the filing period
Financials

Insights on Traen Noël

Traen Noël files the abbreviated format. That format states no turnover. The gross margin rose from €625,885 in 2007 to €1.4m in 2025.

MTS holds 75.2% of the shares.

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 Traen Noël

What is the company number of Traen Noël?
The company number of Traen Noël is 0464.742.242. The VAT number is the same number with BE in front: BE 0464.742.242.
Where is Traen Noël based?
The registered office is at Gistelsteenweg 285, 8490 Jabbeke.Company details
What does Traen Noël do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of Traen Noël?
Traen Noël is a private limited company (BV).
When was Traen Noël founded?
Traen Noël was founded on 04-12-1998.
Is Traen Noël still active?
Yes, Traen Noël is an active enterprise in the KBO register.
How many employees does Traen Noël have?
Traen Noël had an average of 9.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Traen Noël?
The turnover in financial year 2025 is ≈ €5.5m. This figure is estimated from the gross margin of €1.4m and 87 comparable companies (NACE 47). It probably lies between €3.3m and €9.9m. In financial year 2023 turnover was €4.9m.
Is Traen Noël profitable?
In financial year 2025, Traen Noël made a loss of €4,492.
Where can I find the annual accounts of Traen Noël?
Traen Noël filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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