Trait d'Union
ActiveTrait d'Union has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €685k and a net result of €110k. Equity is shrinking by ~5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+80
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 907.85 against 8.89 in 2024), and 0.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
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
99.8%
Return on assets
16.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
21 d early
2023
7 d early
2022
21 d early
2021
27 d early
2020
37 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€685k▲ 19.2%
2024 · €575k
2022: €722k
2023: €667k
2024: €575k
2022 → 2025
Total assets
€686k▲ 5.9%
2024 · €648k
2022: €723k
2023: €754k
2024: €648k
2022 → 2025
Net result
€110k
2024 · €-92k
2022: €10k
2023: €-55k
2024: €-92k
2022 → 2025
Working capital
€686k▲ 19.2%
2024 · €575k
2022: €722k
2023: €754k
2024: €575k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€722k-€667k▼ 7.6%€575k▼ 13.8%€685k▲ 19.2%
Operating result€92k-€-94k€-109k▼ 16.6%€92k
Net result€10k-€-55k€-92k▼ 67.5%€110k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €92k after a loss of €109k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €686k
Equity
€685k▲ 19.2%
Debt
€1k▼ 98.4%
The debt ratio falls from 11.3% to 0.2%: equity grows while debt is paid down.
Key figures and ratios
Solvency
99.8%▲
2024 · 88.7%
Current ratio
907.85▲
2024 · 8.89
Quick ratio
907.85▲
2024 · 8.89
Debt / equity
0.00▼
2024 · 0.13
ROE
16.1%▲
2024 · -16.0%
ROA
16.1%▲
2024 · -14.2%
Debt
€1k▼
2024 · €73k
Debt ≤ 1 year
€756▼
2024 · €73k
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 2024
Balance sheet
Code20242025
Total assets
20/58€648k€686k▲
Current assets
29/58€648k€686k▲
Investments
50/53€618k€635k▲
Cash & bank
54/58€31k€51k▲
Total equity & liabilities
10/49€648k€686k▲
Equity
10/15€575k€685k▲
Contributions / capital
10/11€1.14M€1.14M=
Accumulated profits (losses)
14€-563k€-453k▲
Amounts payable
17/49€73k€1k▼
Amounts payable within one year
42/48€73k€756▼
Trade debts payable within one year
44€73k€421▼
Income statement
Code20242025
Gross operating margin
9900€-109k€92k▲
Operating result
9901€-109k€92k▲
Financial income
75€18k€17k▼
Financial charges
65€90€-1k▼
Result before taxes
9903€-92k€110k▲
Net result for the period
9904€-92k€110k▲
Result to be appropriated
9905€-92k€110k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Board meeting · Director resignationBoard meeting · Director resignation · Member resignation13 facts ▸
State Gazette act
Board meeting · Director resignation
Board meeting · Director resignation · Member resignation13 facts ▸
- Board meeting, 2026-05-29
- Director resignation, Cocciolo Antonio (administrateur)
- Member resignation, Cocciolo Antonio (associé)
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Director appointment, Del Percio 1. (Président)
- +1 further facts in this act
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €110k
Net result €110k after 2 loss-making years.
31-12
Financial
Liquidity times 102current ratio 907.85
Current ratio from 8.89 to 907.85; short-term debt falls from €73k to €756.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1762.16
Current ratio from 557.48 to 1762.16; short-term debt falls from €1k to €428.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 directors, last change in 2026
Del Percio 1.
CurrentChair · since 04-09-2026
Megal L.
CurrentTreasurer · since 04-09-2026
04-09-2026
Del Percio 1.: Appointed as Chair
04-09-2026
Megal L.: Appointed as Treasurer
04-09-2026
COCCIOLO Antonio: Resigned as Director
Not every act has been read: a resignation may be missing here
13 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Charleroi
Ground area
359 m²
Building footprint
166 m²
Parcel 52011D0275/00E013, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011D0275/00E013indicative | Wallonia | 359 m² | 1 · 166 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded21-11-1996
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 29-08-2026. Scores and ratios are computed by Checked and are not a credit decision.