TRANE
ActiveSummary
TRANE has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €333.4m and a net result of €8.6m. Its solvency ranks better than 87% of 6,153 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, full format
2025 annual accounts filed late (10 days) Filed on 10 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399667.
2021 to 2025, 2 financial years 2021 to 2025, 2 financial years
The operating result is €18.2m in 2025, compared with €11.8m in 2021. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2021 | 2025 | Change |
|---|---|---|---|
| Operating income70/76A | €83.2m | €178.6m | - |
| Turnover70 | €65.8m | €160.3m | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €0.3m | -€7.0m | - |
| Other operating income74 | €17.1m | €25.2m | - |
| Operating charges60/66A | €71.4m | €160.3m | - |
| Goods for resale, raw materials and consumables60 | €43.5m | €117.3m | - |
| Services and other goods61 | €8.3m | €11.6m | - |
| Remuneration, social security and pensions62 | €19.1m | €27.1m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.5m | €1.5m | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€0.02m | -€0.2m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €3.0m | - |
| Non-recurring operating charges66A | - | €0 | - |
| Operating profit (loss)9901 | €11.8m | €18.2m | - |
| Recurring financial income75 | €2.9m | €1.0m | - |
| Other financial income752/9 | €2.9m | €1.0m | - |
| Financial charges65/66B | €0.3m | €7.5m | - |
| Recurring financial charges65 | €0.3m | €7.5m | - |
| Debt charges650 | €0.2m | €0.7m | - |
| Other financial charges652/9 | €0.06m | €6.8m | - |
| Profit (loss) for the period before taxes9903 | €14.5m | €11.7m | - |
| Income taxes67/77 | €1.8m | €3.1m | - |
| Taxes670/3 | €1.8m | €3.1m | - |
| Profit (loss) for the period9904 | €12.6m | €8.6m | - |
| Profit (loss) for the period to be appropriated9905 | €12.6m | €8.6m | - |
| Line | 2021 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €329.5m | €405.6m | - |
| Fixed assets21/28 | €245.3m | €255.1m | - |
| Tangible fixed assets22/27 | €4.0m | €13.9m | - |
| Plant, machinery and equipment23 | €3.9m | €13.6m | - |
| Furniture and vehicles24 | €0.1m | €0.3m | - |
| Financial fixed assets28 | €241.2m | €241.2m | - |
| Affiliated companies280/1 | €241.2m | €241.2m | - |
| Participating interests280 | €241.2m | €241.2m | - |
| Current assets29/58 | €84.3m | €150.5m | - |
| Stocks and contracts in progress3 | €5.6m | €12.4m | - |
| Stocks30/36 | €5.6m | €12.4m | - |
| Work in progress32 | - | €1.1m | - |
| Finished goods33 | €5.6m | €11.3m | - |
| Amounts receivable within one year40/41 | €70.5m | €127.7m | - |
| Trade receivables40 | €28.8m | €81.7m | - |
| Other amounts receivable41 | €41.7m | €46.0m | - |
| Cash at bank and in hand54/58 | €6.4m | €8.5m | - |
| Deferred charges and accrued income490/1 | €1.8m | €1.8m | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €329.5m | €405.6m | - |
| Equity10/15 | €258.8m | €333.4m | - |
| Contributions10/11 | €460.9m | €460.9m | - |
| Capital10 | €460.9m | - | - |
| Issued capital100 | €460.9m | - | - |
| Profit (loss) carried forward14 | -€202.1m | -€127.5m | - |
| Provisions and deferred taxes16 | - | €11.1m | - |
| Provisions for liabilities and charges160/5 | - | €11.1m | - |
| Pensions and similar obligations160 | - | €8.0m | - |
| Other liabilities and charges164/5 | - | €3.1m | - |
| Amounts payable17/49 | €70.7m | €61.1m | - |
| Amounts payable within one year42/48 | €65.9m | €50.4m | - |
| Financial debts43 | €46.9m | €3.2m | - |
| Other loans439 | €46.9m | €3.2m | - |
| Trade debts44 | €11.3m | €39.0m | - |
| Suppliers440/4 | €11.3m | €39.0m | - |
| Taxes, remuneration and social security45 | €7.7m | €8.2m | - |
| Taxes450/3 | €0.4m | €5.7m | - |
| Remuneration and social security454/9 | €7.3m | €2.4m | - |
| Accrued charges and deferred income492/3 | €4.8m | €10.7m | - |
| Line | 2021 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €12.6m | €8.6m | - |
| + Depreciation and write-downs630 | €0.5m | €1.5m | - |
| Operating cash flow (approximation) | €13.1m | €10.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 10-08-2026 | 2026-00399667 |
| 31-12-2024 | full format | 01-10-2025 | 2025-00536311 |
| 31-12-2023 | full format | 22-07-2024 | 2024-00289375 |
| 31-12-2022 | full format | 25-07-2023 | 2023-00284431 |
| 31-12-2021 | full format | 25-07-2022 | 2022-20221460 |
| 31-12-2020 | full format | 28-07-2021 | 2021-42900165 |
| 31-12-2019 | full format | 29-07-2020 | 2020-37100270 |
| 31-12-2018 | full format | 24-07-2019 | 2019-39000236 |
| 31-12-2017 | full format | 03-07-2018 | 2018-30600226 |
| 31-12-2016 | full format | 29-06-2017 | 2017-25100471 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.