TraTech
ActiveSummary
TraTech has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,583 and a net result of €55,592. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €114,583
- Profit
- €55,592
Why 96raises riskFounded in 2023lowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 1.42, cash €131,531Equity €114,583 (42.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro): better than 45% on solvency, 63% on liquidity, 71% on profitability and 88% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 97 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · unclassified…
- Equity above €100,000equity €114,583 ▲91.5%
- Annual accounts filedfinancial year 2024 · unclassified…
Financials · financial year 2025, unclassified schema
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 0% above 2024.
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.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 39,278 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,206 | €20,838 | ▲ 21.1% |
| Other operating charges640/8 | €948 | €958 | ▲ 1.0% |
| Non-recurring operating charges66A | - | €109 | - |
| Gross operating margin9900 | €100,583 | €104,583 | ▲ 4.0% |
| Operating profit (loss)9901 | €82,429 | €82,678 | ▲ 0.3% |
| Financial income75/76B | €0 | €0 | ▲ 10.0% |
| Recurring financial income75 | €0 | €0 | ▲ 10.0% |
| Financial charges65/66B | €707 | €5,506 | ▲ 679% |
| Recurring financial charges65 | €707 | €5,506 | ▲ 679% |
| Profit (loss) for the period before taxes9903 | €81,723 | €77,172 | ▼ 5.6% |
| Income taxes67/77 | €26,065 | €21,581 | ▼ 17.2% |
| Profit (loss) for the period9904 | €55,658 | €55,592 | ▼ 0.1% |
| Profit (loss) for the period to be appropriated9905 | €55,658 | €55,592 | ▼ 0.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €196,427 | €268,588 | ▲ 36.7% |
| Fixed assets21/28 | €81,428 | €60,590 | ▼ 25.6% |
| Intangible fixed assets21 | €63,200 | €47,400 | ▼ 25.0% |
| Tangible fixed assets22/27 | €18,228 | €13,190 | ▼ 27.6% |
| Furniture and vehicles24 | €18,228 | €13,190 | ▼ 27.6% |
| Current assets29/58 | €114,999 | €207,999 | ▲ 80.9% |
| Amounts receivable within one year40/41 | €71,995 | €75,557 | ▲ 4.9% |
| Trade receivables40 | €70,003 | €75,181 | ▲ 7.4% |
| Other amounts receivable41 | €1,992 | €376 | ▼ 81.1% |
| Cash at bank and in hand54/58 | €42,061 | €131,531 | ▲ 213% |
| Deferred charges and accrued income490/1 | €944 | €911 | ▼ 3.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €196,427 | €268,588 | ▲ 36.7% |
| Equity10/15 | €59,825 | €114,583 | ▲ 91.5% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €54,800 | €109,500 | ▲ 99.8% |
| Distributable reserves133 | €54,800 | €109,500 | ▲ 99.8% |
| Profit (loss) carried forward14 | €25 | €83 | ▲ 237% |
| Amounts payable17/49 | €136,602 | €154,005 | ▲ 12.7% |
| Amounts payable within one year42/48 | €131,409 | €146,694 | ▲ 11.6% |
| Trade debts44 | €15,761 | €8,005 | ▼ 49.2% |
| Suppliers440/4 | €15,761 | €8,005 | ▼ 49.2% |
| Taxes, remuneration and social security45 | €29,815 | €54,396 | ▲ 82.4% |
| Taxes450/3 | €29,815 | €51,396 | ▲ 72.4% |
| Remuneration and social security454/9 | - | €3,000 | - |
| Other amounts payable47/48 | €85,833 | €84,294 | ▼ 1.8% |
| Accrued charges and deferred income492/3 | €5,193 | €7,311 | ▲ 40.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €55,658 | €55,592 | ▼ 0.1% |
| + Depreciation and write-downs630 | €17,206 | €20,838 | ▲ 21.1% |
| Operating cash flow (approximation) | €72,864 | €76,430 | ▲ 4.9% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €89,470 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | unclassified schema | 01-04-2026 | 2026-00070319 |
| 31-12-2024 | unclassified schema | 20-05-2025 | 2025-00099634 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| KREUTZ Werner Wilhelm Joseph |
|
Owners and capital
Capital and shareholders
- KREUTZ Werner Wilhelm Joseph founder
- KREUTZ Werner 1,000 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 15-12-2023 Incorporation · €5,000 · 1,000 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 13 December 2023, TraTech was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 KREUTZ Werner Wilhelm Joseph has served as nicht statutärer verwalter of the company since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
15-12
Gazette deed
IncorporationAppointment: KREUTZ Werner Wilhelm Joseph (nicht statutärer verwalter) · Permanent representative: KREUTZ Werner Wilhelm Joseph · Founder8 facts ▸
- Incorporation, 12-12-2023
- Founder, KREUTZ Werner Wilhelm Joseph (gründer)
- Founding capital, €5,000
- Capital, €5,000
- Registered office clause, “4700 Eupen,Scheidweg 24, jetziger Sitz” (deed in German)
- Director appointment, KREUTZ Werner Wilhelm Joseph (nicht statutärer verwalter)
- Permanent representative, KREUTZ Werner Wilhelm Joseph (ständiger vertreter der gesellschaft)
- Pre-incorporation commitments, “takeover, alle Handlungen in Ihrem Namen oder durch Vertreter vor heutigem Tag” (deed in German)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Scheidweg 244700 Eupen1 establishment unit
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Dolmetsch- und Übersetzungsleistungen,sowie Sprachdienstleistungen aller Art; Dressur,Training und Ausbildung von Tieren aller Art…” (deed in German)
4 activities (deed in German)
- Dolmetsch- und Übersetzungsleistungen,sowie Sprachdienstleistungen aller Art.
- Dressur,Training und Ausbildung von Tieren aller Art;
- Pension/Unterkunftshaltung von Tieren aller Art.
- Ganz allgemein kann die Gesellschaft sich sowohl in Belgien als auch im Ausland für industrielle-,kommerzielle-,kaufmännische-,finanzielle-,immobiliarische und mobiliarische Handungen interessieren und solche vornehmen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TraTech
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “Gesellschaft mit beschränkter Haftung” (deed in German)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Ein oder mehrere Verwalter, weitgehendste Befugnisse für Gesellschaftszweck und Vertretung gegenüber Dritten und Justiz” (deed in German)“Entlohnung, ob Mandat der Verwalter entgeltlich ist oder nicht” (deed in German)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- “Artikel 18 - Geschäftsjahr Das gewöhnliche Geschäftsjahr beginnt am ersten Januar und endet am einunddreißigsten Dezember des Jahres.” (deed in German)
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 14 - Generalversammlung Die ordentliche Generalversammlung der Gesellschafter fällt alljährlich auf den zweiten Mittwoch im Monat…” (deed in German)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Auflösung, der oder die Geschäftsführer” (deed in German)