TRAINANCE
ActiveSummary
TRAINANCE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €418k and a net result of €287k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 56% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+59
Solvency74▲+19
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.91 in 2024; short-term debt: 51.1% and cash: 24.6% of total assets), but 51.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
48.9%
Return on assets
33.6%
Age of the figures
15 mo
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €418k
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 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
4 d early
2023
7 d early
2022
14 d early
2021
27 d early
2020
13 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€287k▲ 4,719%
2024 · €6k
2019: €33k
2020: €416k▲ +1158% vs 2019
2021: €1.01M▲ +143% vs 2020highest in 7 years
2022: €-7k▼ -101% vs 2021lowest in 7 years
2023: €2k▲ +134% vs 2022
2024: €6k▲ +148% vs 2023
2025: €287k▲ +4719% vs 2024
2019 → 2025
Working capital
€384k▲ 99.6%
2024 · €192k
2019: €142k
2020: €349k▲ +146% vs 2019
2021: €128k▼ -63.5% vs 2020
2022: €121k▼ -5.5% vs 2021
2023: €91k▼ -24.6% vs 2022lowest in 7 years
2024: €192k▲ +112% vs 2023
2025: €384k▲ +99.6% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€122k▼ 5.5%€125k▲ 2.0%€131k▲ 4.8%€418k▲ 220%
2021: €130k
2022: €122k▼ -5.5% vs 2021lowest in 5 years
2023: €125k▲ +2.0% vs 2022
2024: €131k▲ +4.8% vs 2023
2025: €418k▲ +220% vs 2024highest in 5 years
Operating result€1.27M-€-3k€6k€79k▲ 1,270%€396k▲ 403%
2021: €1.27Mhighest in 5 years
2022: €-3k▼ -100% vs 2021lowest in 5 years
2023: €6k▲ +296% vs 2022
2024: €79k▲ +1270% vs 2023
2025: €396k▲ +403% vs 2024
Net result€1.01M-€-7k€2k€6k▲ 148%€287k▲ 4,719%
2021: €1.01Mhighest in 5 years
2022: €-7k▼ -101% vs 2021lowest in 5 years
2023: €2k▲ +134% vs 2022
2024: €6k▲ +148% vs 2023
2025: €287k▲ +4719% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 403% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €854k
Fixed assets
€34k =
Current assets
€820k ▲ 104%
Equity and liabilities €854k
Equity
€418k ▲ 220%
Debt
€436k ▲ 42.5%
Debt's share of the balance-sheet total falls from 70.1% to 51.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.88▼
2024 · 1.91
Debt to equity
1.04▼
2024 · 2.34
ROE
68.7%▲
2024 · 4.6%
ROA
33.6%▲
2024 · 1.4%
Debt ≤ 1 year
€436k▲
2024 · €210k
Income taxes
€102k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€437k€854k▲
Fixed assets21/28€34k€34k=
Financial fixed assets28€34k€34k=
Current assets29/58€403k€820k▲
Amounts receivable within one year40/41€89k€610k▲
Trade receivables40€40k€478k▲
Other amounts receivable41€49k€132k▲
Cash at bank and in hand54/58€314k€210k▼
Equity and liabilities
Total equity and liabilities10/49€437k€854k▲
Equity10/15€131k€418k▲
Contributions10/11€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Profit (loss) carried forward14€21k€308k▲
Amounts payable17/49€306k€436k▲
Amounts payable within one year42/48€210k€436k▲
Trade debts44€210k€428k▲
Suppliers440/4€210k€428k▲
Taxes, remuneration and social security45€248€8k▲
Taxes450/3€248€8k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€95k€0▼
Income statement
Code20242025
Other operating charges640/8€1k€968▼
Gross operating margin9900€80k€397k▲
Operating profit (loss)9901€79k€396k▲
Financial income75/76B€791€63▼
Recurring financial income75€791€63▼
Financial charges65/66B€71k€7k▼
Recurring financial charges65€71k€7k▼
Profit (loss) for the period before taxes9903€8k€389k▲
Income taxes67/77€2k€102k▲
Profit (loss) for the period9904€6k€287k▲
Profit (loss) for the period to be appropriated9905€6k€287k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€308k▲
Profit (loss) brought forward from the previous period14P€15k€21k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €295 | - | - | - | - | - |
| Other operating charges640/8 | - | €6k | €2k | €1k | €968 | ▼ 4.2% |
| Gross operating margin9900 | €1.28M | €3k | €8k | €80k | €397k | ▲ 398% |
| Operating profit (loss)9901 | €1.27M | €-3k | €6k | €79k | €396k | ▲ 403% |
| Financial income75/76B | - | €1k | €0 | €791 | €63 | ▼ 92.1% |
| Recurring financial income75 | €383 | €1k | €0 | €791 | €63 | ▼ 92.1% |
| Financial charges65/66B | - | €3k | €2k | €71k | €7k | ▼ 90.4% |
| Recurring financial charges65 | €2k | €3k | €2k | €71k | €7k | ▼ 90.4% |
| Profit (loss) for the period before taxes9903 | €1.27M | €-5k | €4k | €8k | €389k | ▲ 4,667% |
| Income taxes67/77 | €261k | €2k | €1k | €2k | €102k | ▲ 4,524% |
| Profit (loss) for the period9904 | €1.01M | €-7k | €2k | €6k | €287k | ▲ 4,719% |
| Profit (loss) for the period to be appropriated9905 | €1.01M | €-7k | €2k | €6k | €287k | ▲ 4,719% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.64M | €1.10M | €1.10M | €437k | €854k | ▲ 95.5% |
| Fixed assets21/28 | €2k | €2k | €34k | €34k | €34k | = |
| Financial fixed assets28 | €2k | €2k | €34k | €34k | €34k | = |
| Current assets29/58 | €1.64M | €1.09M | €1.06M | €403k | €820k | ▲ 104% |
| Amounts receivable within one year40/41 | €162k | €21k | €62k | €89k | €610k | ▲ 587% |
| Trade receivables40 | - | €21k | €50k | €40k | €478k | ▲ 1,095% |
| Other amounts receivable41 | - | €59 | €12k | €49k | €132k | ▲ 171% |
| Cash at bank and in hand54/58 | €1.47M | €1.07M | €1.00M | €314k | €210k | ▼ 33.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.64M | €1.10M | €1.10M | €437k | €854k | ▲ 95.5% |
| Equity10/15 | €130k | €122k | €125k | €131k | €418k | ▲ 220% |
| Contributions10/11 | - | €100k | €100k | €100k | €100k | = |
| Reserves13 | €10k | €10k | €10k | €10k | €10k | = |
| Non-distributable reserves130/1 | - | €10k | €10k | €10k | €10k | = |
| Reserves not available under the articles1311 | - | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €20k | €12k | €15k | €21k | €308k | ▲ 1,384% |
| Amounts payable17/49 | €1.51M | €974k | €972k | €306k | €436k | ▲ 42.5% |
| Amounts payable within one year42/48 | €1.51M | €974k | €972k | €210k | €436k | ▲ 107% |
| Trade debts44 | €29k | €14k | €19k | €210k | €428k | ▲ 103% |
| Suppliers440/4 | - | €14k | €19k | €210k | €428k | ▲ 103% |
| Taxes, remuneration and social security45 | - | €10k | €951 | €248 | €8k | ▲ 3,258% |
| Taxes450/3 | - | €10k | €951 | €248 | €8k | ▲ 3,258% |
| Other amounts payable47/48 | - | €951k | €952k | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €95k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.01M | €-7k | €2k | €6k | €287k | ▲ 4,719% |
| + Depreciation and write-downs630 | €295 | - | - | - | - | - |
| Operating cash flow (approximation) | €1.01M | €-7k | €2k | €6k | €287k | ▲ 4,719% |
| Investment in fixed assets (approximation) | - | €50 | €-32k | €0 | €0 | - |
| Change in cash | - | €-393k | €-73k | €-687k | €-104k | ▲ 84.8% |
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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Equity above €200kEq €418k ▲220%
3 profitable years in a row build equity to €418k.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €1.01M ▲143%
Operating result €1.27M, net result €1.01M, both a record.
18-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Equity above €200kEq €352k ▲141%
2 profitable years in a row build equity to €352k.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Tournai · 1 establishment unit since 2010
Ground area
3,479 m²
Building footprint
707 m²
Volume, LiDAR
4,607 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRAINANCE
since 20102.185.847.191
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031B0362/00C005 | Wallonia | 2,550 m² | 1 · 585 m² | 7.4 m · 2 fl. |
| 57078B0045/00D000 | Wallonia | 930 m² | 1 · 122 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,315 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-02-2010
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
33200Installation of industrial machinery and equipment
46140Agents in the wholesale of industrial machinery, ships and aircraft
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.