TRAMGRAM
ActiveSummary
TRAMGRAM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74,301 and a net result of €4,303. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 9525 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 5.91 against 6.92 in 2023; short-term debt: 16.4% and cash: 78.5% of total assets), and 16.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 24-06-2026, 37 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
37 d early
2024
5 d late
2023
36 d early
2022
42 d early
2021
71 d late
2020
39 d early
2019
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 26 June (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€74,301▲ 6.1%
2023 · €69,998
Total assets
€88,925▲ 10.2%
2023 · €80,667
Net result
€4,303▼ 44.1%
2023 · €7,698
Working capital
€71,799▲ 13.6%
2023 · €63,203
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6,818▼ 69.8%€42,630▲ 525%€3,424▼ 92.0%€11,853▲ 246%€7,119▼ 39.9%
Net result€5,405within the sector's middle half▼ 68.9%€30,834within the sector's middle half▲ 471%€2,507within the sector's middle half▼ 91.9%€7,698within the sector's middle half▲ 207%€4,303within the sector's middle half▼ 44.1%
Equity€28,960within the sector's middle half▲ 22.9%€59,794within the sector's middle half▲ 106%€62,300within the sector's middle half▲ 4.2%€69,998within the sector's middle half▲ 12.4%€74,301within the sector's middle half▲ 6.1%
Total assets€45,613below the sector's middle half▼ 38.6%€79,207within the sector's middle half▲ 73.6%€68,516within the sector's middle half▼ 13.5%€80,667within the sector's middle half▲ 17.7%€88,925within the sector's middle half▲ 10.2%
Debt€16,654▼ 67.2%€19,413▲ 16.6%€6,215▼ 68.0%€10,669▲ 71.7%€14,624▲ 37.1%
Working capital€26,964within the sector's middle half▲ 18.6%€58,184within the sector's middle half▲ 116%€52,916within the sector's middle half▼ 9.1%€63,203within the sector's middle half▲ 19.4%€71,799within the sector's middle half▲ 13.6%
Solvency63.5%within the sector's middle half▲ 31.8pp75.5%above the sector's middle half▲ 12.0pp90.9%above the sector's middle half▲ 15.4pp86.8%above the sector's middle half▼ 4.2pp83.6%above the sector's middle half▼ 3.2pp
Current ratio2.62within the sector's middle half▲ 1.174.00above the sector's middle half▲ 1.389.51above the sector's middle half▲ 5.526.92above the sector's middle half▼ 2.595.91above the sector's middle half▼ 1.01
Return on assets (ROA)11.8%within the sector's middle half▼ 11.5pp38.9%above the sector's middle half▲ 27.1pp3.7%within the sector's middle half▼ 35.3pp9.5%within the sector's middle half▲ 5.9pp4.8%within the sector's middle half▼ 4.7pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 40% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88,925
Fixed assets
€2,502 ▼ 63.2%
Current assets
€86,423 ▲ 17.0%
Equity and liabilities €88,925
Equity
€74,301 ▲ 6.1%
Debt
€14,624 ▲ 37.1%
Debt's share of the balance-sheet total rises from 13.2% to 16.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11,285▼
2023 · €15,938
Cash flow
€8,468▼
2023 · €11,783
Quick ratio
5.62▼
2023 · 6.53
Debt to equity
0.20▲
2023 · 0.15
ROE
5.8%▼
2023 · 11.0%
Interest coverage
268.68▲
2023 · 93.29
Debt ≤ 1 year
€14,624▲
2023 · €10,669
Income taxes
€2,782▼
2023 · €4,003
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €288 | €387 | €2,378 | €4,085 | €4,166 | ▲ 2.0% |
| Other operating charges640/8 | - | €1,071 | €958 | €1,010 | €962 | ▼ 4.7% |
| Gross operating margin9900 | €8,294 | €44,088 | €6,760 | €16,948 | €12,247 | ▼ 27.7% |
| Operating profit (loss)9901 | €6,818 | €42,630 | €3,424 | €11,853 | €7,119 | ▼ 39.9% |
| Financial income75/76B | - | €377 | - | €19 | €7 | ▼ 61.6% |
| Recurring financial income75 | €75 | €377 | - | €19 | €7 | ▼ 61.6% |
| Financial charges65/66B | - | €188 | €783 | €171 | €42 | ▼ 75.4% |
| Recurring financial charges65 | €619 | €188 | €783 | €171 | €42 | ▼ 75.4% |
| Profit (loss) for the period before taxes9903 | €6,274 | €42,819 | €2,641 | €11,701 | €7,084 | ▼ 39.5% |
| Income taxes67/77 | €869 | €11,985 | €134 | €4,003 | €2,782 | ▼ 30.5% |
| Profit (loss) for the period9904 | €5,405 | €30,834 | €2,507 | €7,698 | €4,303 | ▼ 44.1% |
| Profit (loss) for the period to be appropriated9905 | €5,405 | €30,834 | €2,507 | €7,698 | €4,303 | ▼ 44.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,613 | €79,207 | €68,516 | €80,667 | €88,925 | ▲ 10.2% |
| Fixed assets21/28 | €1,996 | €1,609 | €9,385 | €6,795 | €2,502 | ▼ 63.2% |
| Tangible fixed assets22/27 | €873 | €486 | €8,933 | €6,520 | €2,354 | ▼ 63.9% |
| Furniture and vehicles24 | - | €486 | €8,933 | €6,520 | €2,354 | ▼ 63.9% |
| Financial fixed assets28 | €1,123 | €1,123 | €451 | €275 | €148 | ▼ 46.4% |
| Current assets29/58 | €43,617 | €77,598 | €59,131 | €73,872 | €86,423 | ▲ 17.0% |
| Stocks and contracts in progress3 | €4,199 | €4,199 | €4,199 | €4,199 | €4,199 | = |
| Stocks30/36 | - | €4,199 | €4,199 | €4,199 | €4,199 | = |
| Amounts receivable within one year40/41 | €12,134 | €17,681 | €21,861 | €21,045 | €11,262 | ▼ 46.5% |
| Trade receivables40 | - | €12,508 | €10,485 | €8,951 | €6,835 | ▼ 23.6% |
| Other amounts receivable41 | - | €5,173 | €11,376 | €12,094 | €4,428 | ▼ 63.4% |
| Cash at bank and in hand54/58 | €27,284 | €55,717 | €33,039 | €43,464 | €69,795 | ▲ 60.6% |
| Deferred charges and accrued income490/1 | - | - | €32 | €5,163 | €1,167 | ▼ 77.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,613 | €79,207 | €68,516 | €80,667 | €88,925 | ▲ 10.2% |
| Equity10/15 | €28,960 | €59,794 | €62,300 | €69,998 | €74,301 | ▲ 6.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €7,338 | €7,338 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €6,200 | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Reserves13 | €1,138 | €1,138 | €1,138 | €0 | - | - |
| Non-distributable reserves130/1 | - | €1,138 | €1,138 | - | - | - |
| Legal reserve130 | - | €1,138 | €1,138 | - | - | - |
| Profit (loss) carried forward14 | €21,622 | €52,456 | €54,962 | €62,660 | €66,963 | ▲ 6.9% |
| Amounts payable17/49 | €16,654 | €19,413 | €6,215 | €10,669 | €14,624 | ▲ 37.1% |
| Amounts payable within one year42/48 | €16,654 | €19,413 | €6,215 | €10,669 | €14,624 | ▲ 37.1% |
| Trade debts44 | €1,622 | €1,910 | €3,586 | €1,474 | €2,100 | ▲ 42.5% |
| Suppliers440/4 | - | €1,910 | €3,586 | €1,474 | €2,100 | ▲ 42.5% |
| Advances received on contracts in progress46 | - | - | - | - | €1,286 | - |
| Taxes, remuneration and social security45 | - | €17,504 | €2,629 | €9,195 | €11,238 | ▲ 22.2% |
| Taxes450/3 | - | €14,389 | €779 | €4,414 | €4,428 | ▲ 0.3% |
| Remuneration and social security454/9 | - | €3,114 | €1,850 | €4,781 | €6,811 | ▲ 42.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,405 | €30,834 | €2,507 | €7,698 | €4,303 | ▼ 44.1% |
| + Depreciation and write-downs630 | €288 | €387 | €2,378 | €4,085 | €4,166 | ▲ 2.0% |
| Operating cash flow (approximation) | €5,693 | €31,221 | €4,885 | €11,783 | €8,468 | ▼ 28.1% |
| Investment in fixed assets (approximation) | - | €0 | -€10,154 | -€1,495 | €128 | ▲ 109% |
| Change in cash | - | €28,433 | -€22,678 | €10,425 | €26,331 | ▲ 153% |
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
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €2,507 ▼91.9%
Net result drops to €2,507, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 9.51
Current ratio from 4.00 to 9.51; short-term debt falls from €19,413 to €6,215.
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
31-12
Financial
Highest result since 2019net €30,834 ▲471%
Operating result €42,630, net result €30,834, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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 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 2018
Ground area
2,065 m²
Building footprint
504 m²
Volume, LiDAR
2,623 m³
2 parcels, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRAMGRAM
since 20182.281.724.367
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031B0287/00H000 | Wallonia | 1,036 m² | 1 · 171 m² | 5.8 m · 1 fl. |
| 57044B0261/00E000 | Wallonia | 1,030 m² | 1 · 333 m² | 8.1 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.
Similar companies · same sector, comparable size
INMOTO
BE 0884.153.713
Kortrijk · Eq €74,273
L.E.G IDEAS
BE 0890.008.256
Brussel · Eq €74,435
TZIGANE
BE 0470.865.813
Bornem · Eq €74,550
ABSOLUTE QUALITY SERVICE
BE 0461.721.087
Lasne · Eq €73,935
EKOM
BE 0413.229.896
Rixensart · Eq €73,924
Of 4,578 companies in sector 82300 we hold annual accounts for 1,673. 1,310 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
Founded19-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
70200Business and other management consultancy
Contact
Website
www.tramgram.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0711911407
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.