Tram
ActiveSummary
Tram has a registered holding activity and consists mainly of financial fixed assets. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€526) and a net result of -€34,666. Equity has been shrinking by about 65% per year since 2023. Its solvency ranks better than 10% of 39,275 sector peers (NACE 70, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-06-2023 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.347.168.386 9930 Lievegem, since 26-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
Board
- Nathalie MONNAERSDirector · since 01-01-2026
- Holdings
- Shares in 1 company De Scheve Zeven
Financial position
Holding: outside the score modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Gross margin
- -€1,397
- ▲ 79.4%
- Loss
- €34,666
- ▲ 248%
- Equity
- -€526
- Total assets
- €36,690
- ▼ 77.6%
- Negative equity on 31-12-2025
Turnover not published (micro format)
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
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 06-03-2026, 147 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
147 days early
2024
68 days late
2023
22 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 19 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (3 of the last 3 accounts filed within 170 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 06-03-2026 PDF all 3 filings
Equity
-€526
2024 · €34,141
Total assets
€36,690▼ 77.6%
2024 · €163,836
Net result
-€34,666▼ 248%
2024 · -€9,959
Working capital
-€1,429
2024 · €28,892
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
-€2,136
▲ 75.1%
2025
20232025
Net result
-€34,666
▼ 248%
2025
lowest quarter of the sector
20232025
Equity
-€526
2025
lowest quarter of the sector
20232025
Total assets
€36,690
▼ 77.6%
2025
lowest quarter of the sector
20232025
Debt
€37,215
▼ 71.3%
2025
20232025
Working capital
-€1,429
2025
lowest quarter of the sector
20232025
Solvency
-1.4%
▼ 22.3pp
2025
lowest quarter of the sector
20232025
Current ratio
0.54
▼ 0.94
2025
lowest quarter of the sector
20232025
Return on assets (ROA)
-94.5%
▼ 88.4pp
2025
lowest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€57,747--€8,596-€2,136▲ 75.1%
Net result€42,932within the sector's middle half--€9,959below the sector's middle half-€34,666below the sector's middle half▼ 248%
Equity€44,099within the sector's middle half-€34,141within the sector's middle half▼ 22.6%-€526below the sector's middle half
Total assets€139,612within the sector's middle half-€163,836within the sector's middle half▲ 17.4%€36,690below the sector's middle half▼ 77.6%
Debt€95,512-€129,695▲ 35.8%€37,215▼ 71.3%
Working capital€81,323within the sector's middle half-€28,892within the sector's middle half▼ 64.5%-€1,429below the sector's middle half
Solvency31.6%within the sector's middle half-20.8%below the sector's middle half▼ 10.7pp-1.4%below the sector's middle half▼ 22.3pp
Current ratio2.40within the sector's middle half-1.48within the sector's middle half▼ 0.910.54below the sector's middle half▼ 0.94
Return on assets (ROA)30.8%above the sector's middle half--6.1%below the sector's middle half▼ 36.8pp-94.5%below the sector's middle half▼ 88.4pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €2,136, smaller than the loss of €8,596 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36,690
Fixed assets
€35,000 ▼ 53.2%
Current assets
€1,690 ▼ 98.1%
Equity and liabilities
Equity-€526
Debt€37,215
Equity is negative. Debt (€37,215) exceeds the balance-sheet total (€36,690).
Key figures and ratios
Debt ≤ 1 year
€3,119▼
2024 · €60,098
Debt > 1 year
€34,096▼
2024 · €68,731
The equity ratios are withheld because equity of -€526 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €6,290 | - |
| Depreciation and write-downs of the year | €1,948 | €1,444 | €0 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €54 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,948 | €1,444 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €367 | €740 | ▲ 102% |
| Gross operating margin9900 | €59,694 | -€6,785 | -€1,397 | ▲ 79.4% |
| Operating profit (loss)9901 | €57,747 | -€8,596 | -€2,136 | ▲ 75.1% |
| Financial income75/76B | - | - | €4,390 | - |
| Recurring financial income75 | - | - | €4,390 | - |
| Financial charges65/66B | €498 | €1,363 | €36,920 | ▲ 27× |
| Recurring financial charges65 | €498 | €1,363 | €1,920 | ▲ 40.9% |
| Non-recurring financial charges66B | - | - | €35,000 | - |
| Profit (loss) for the period before taxes9903 | €57,248 | -€9,959 | -€34,666 | ▼ 248% |
| Income taxes67/77 | €14,316 | €0 | - | - |
| Profit (loss) for the period9904 | €42,932 | -€9,959 | -€34,666 | ▼ 248% |
| Profit (loss) for the period to be appropriated9905 | €42,932 | -€9,959 | -€34,666 | ▼ 248% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €139,612 | €163,836 | €36,690 | ▼ 77.6% |
| Fixed assets21/28 | - | €74,846 | €35,000 | ▼ 53.2% |
| Tangible fixed assets22/27 | - | €4,846 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €4,846 | €0 | ▼ 100% |
| Financial fixed assets28 | - | €70,000 | €35,000 | ▼ 50.0% |
| Current assets29/58 | €139,612 | €88,990 | €1,690 | ▼ 98.1% |
| Amounts receivable after more than one year29 | - | €81,467 | €0 | ▼ 100% |
| Other amounts receivable291 | - | €81,467 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €67,519 | €0 | - | - |
| Trade receivables40 | €67,519 | €0 | - | - |
| Current investments50/53 | €70,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €1,892 | €7,522 | €1,690 | ▼ 77.5% |
| Deferred charges and accrued income490/1 | €200 | €0 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €139,612 | €163,836 | €36,690 | ▼ 77.6% |
| Equity10/15 | €44,099 | €34,141 | -€526 | - |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €42,099 | €32,141 | €0 | ▼ 100% |
| Distributable reserves133 | €42,099 | €32,141 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | €0 | -€2,526 | - |
| Amounts payable17/49 | €95,512 | €129,695 | €37,215 | ▼ 71.3% |
| Amounts payable after more than one year17 | €36,737 | €68,731 | €34,096 | ▼ 50.4% |
| Financial debts170/4 | €36,737 | €31,107 | €0 | ▼ 100% |
| Other amounts payable178/9 | - | €37,624 | €34,096 | ▼ 9.4% |
| Amounts payable within one year42/48 | €58,289 | €60,098 | €3,119 | ▼ 94.8% |
| Current portion of amounts payable after more than one year42 | €8,790 | €10,687 | €0 | ▼ 100% |
| Trade debts44 | €2,022 | €28,749 | €2,557 | ▼ 91.1% |
| Suppliers440/4 | €2,022 | €28,749 | €2,557 | ▼ 91.1% |
| Taxes, remuneration and social security45 | €18,571 | €20,662 | €562 | ▼ 97.3% |
| Taxes450/3 | €15,721 | €20,662 | €562 | ▼ 97.3% |
| Remuneration and social security454/9 | €2,850 | €0 | - | - |
| Other amounts payable47/48 | €28,905 | €0 | - | - |
| Accrued charges and deferred income492/3 | €486 | €867 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,932 | -€9,959 | -€34,666 | ▼ 248% |
| + Depreciation and write-downs630 | €1,948 | €1,444 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €44,880 | -€8,515 | -€34,666 | ▼ 307% |
| Investment in fixed assets (approximation) | - | - | €39,846 | - |
| Change in cash | - | €5,630 | -€5,832 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
1 director, no change since 2026
Nathalie MONNAERS
Current
Director (not named in the articles) · since 01-01-2026 · term without a fixed end · listed in the 2025 annual accounts, filed on 06-03-2026
Owners and capital
Shareholders
At incorporation
act of 28-06-2023 ↗
- TACK Maarten 100 shares (100%) · €2,000
Capital transactions
Capital over time
- 28-06-2023 Incorporation · €2,000 · 100 shares
Mandate history
2 people, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Nathalie MONNAERS |
|
| TACK Maarten |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan bevoegd voor alle handelingen behalve deze die zijn voorbehouden aan algemene vergadering door wet of statuten, kan…”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, vergoeding voor inbrengen”
Articles of association, deed of 28-06-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity -€7,208 Profit of €18,607 in 2025 (profit of €5,134 in 2024) Checked score 3950%
Board mandates elsewhere
1 board mandateBoard mandates of TramTram sits on their board1
1 location
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
06-03
micro format · 147 days before the deadline
26-02
Gazette deed
Registered office moved from Deinze to LievegemNew seat: Park Ter Daelmen 96, 9930 Lievegem (Zomergem) · Previous seat: Cardijnlaan 38, 9850 Deinze · Resignation: Maarten TACK (director)6 points ▸
Gazette deed
Registered office moved from Deinze to Lievegem
New seat: Park Ter Daelmen 96, 9930 Lievegem (Zomergem) · Previous seat: Cardijnlaan 38, 9850 Deinze · Resignation: Maarten TACK (director)6 points ▸
- General meeting, 30-12-2025
- Director resignation, Maarten TACK (director (not named in the articles))
- Director discharge, Maarten TACK (director (not named in the articles))
- Director appointment, Nathalie MONNAERS (director (not named in the articles))
- Registered-office move, Park Ter Daelmen 96, 9930 Lievegem (Zomergem)
- Power of attorney, WARFID NV
2025
31-12
Financial
Weakest financial yearnet -€34,666
The net result drops to -€34,666, the lowest from 2023 to 2025.
07-10
micro format · 68 days late
2024
22-08
micro format · 22 days late
2023
28-06
Gazette deed
IncorporationStarting capital €2,000 · Appointment: TACK Maarten (statutory director) · Founder6 points ▸
Gazette deed
Incorporation
Starting capital €2,000 · Appointment: TACK Maarten (statutory director) · Founder6 points ▸
- Incorporation, “Tram” (deed in Dutch)
- Founder, TACK Maarten
- Founding capital, €2,000
- Bank account, “Belfius Bank, bijzondere rekening” (deed in Dutch)
- Declaration, “wettelijke formaliteiten voor storting van gelden nageleefd” (deed in Dutch)
- Director appointment, TACK Maarten (statutory director)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Tram in Dutch
Enterprise number
0803.168.314
Legal form
Private limited company
Status
Active, normale toestand
Founded
26-06-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-06-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan kan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of in het…”
deed of 28-06-2023 (in Dutch)Registered office and establishments
Registered office
Park Ter Daelmen 96, 9930 Lievegem, Belgium
1 former office
- Cardijnlaan 38, 9850 Deinze until 01-01-2026 · act of 26-02-2026
Establishment unit
Tram, Park Ter Daelmen 96, 9930 Lievegem since 26-06-2023 · unit number 2.347.168.386
Activities
NACEBEL 202570200
Business and other management consultancy main activity
64210
Activities of holding companies
82990
Other business support services
Codes under NACEBEL 2008
70220
Business consulting main activity
64200
Holdings
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 28-06-2023 (in Dutch)
“Het organiseren van allerlei evenementen,zowel voor bedrijven als voor particulieren,met name…”
8 activities
- Het organiseren van allerlei evenementen,zowel voor bedrijven als voor particulieren,met name: congressen,semineries,sportevenementen,optredens,concerten,organisaties van beurzen,personeelsfeesten,bruiloften,jubileums,productlanceringen,vertoningen,schouwspelen,happenings,muzikale optredens,meetings,uitoefenen van disc-jockey activiteiten,feestelijkheden en vermakelijkheden in de meest brede betekenis;
- Bemiddeling inzake het voorgaande op commissiebasis;
- Het leveren,begeleiden en opleiden van horecapersoneel,hostessen en ander personeel in zijn ruimste vorm;
- Uitbating van horecazaken;
- Promotie,public relations en marketing voor derden;
- Het actief participeren bij de uitvoering van de hierboven vermelde activiteit binnen andere bedrijven;
- Het waarnemen van beheersopdrachten,het uitoefenen van mandaten en functies welke rechtstreeks of onrechtstreeks met haar maatschappelijk doel verband houden;
- Het management van ondernemingen waarnemen;
Invoicing and payment
VAT number
BE 0803.168.314
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 28-06-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
618 m²
Building footprint
181 m²
Building volume
942 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44080D0069/00C000 | Flanders | 618 m² | 1 · 181 m² | 8.0 m · 2 |