Financials
- Fiscal year
- 2025
- Turnover
- €181,583
- Profit
- €785
- Solvency
- 82.0%
Turnover▲ 13.9%
Net result
20192025
TRAVARD
ActiveSummary
TRAVARD has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,802 and a net result of €785. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 90% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Bricklaying and masonry work
NACE 43910NACE 43994
1 site
Size
€181,583turnover 2025
- Equity
- €44,802
- Profit
- €785
Structure
Accounts filed 5 d late0 of 3 deeds read
Why 69- Size: turnover €181,583, total assets €54,638- Sector Specialised construction activities (NACE 43)+ Equity €44,802 (82.0% of total assets)+ Founded in 2016Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 55% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 82.0% of total assets
Liquidity
53-11
short-term debt 18.0% · cash 6.7%
Profitability
60-2
return on assets 1.4%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 0.4%lowest value
09-2025: 0.5%▲ +12.3% vs 08-2025
10-2025: 0.5%▲ +4.3% vs 09-2025
11-2025: 0.5%▼ -6.4% vs 10-2025
12-2025: 0.6%▲ +14.6% vs 11-2025
01-2026: 0.8%▲ +46.2% vs 12-2025
02-2026: 0.8%▲ +0.2% vs 01-2026
03-2026: 0.8%● 0.0% vs 02-2026
04-2026: 0.8%● 0.0% vs 03-2026
05-2026: 0.8%▲ +0.7% vs 04-2026
06-2026: 0.8%▲ +2.3% vs 05-2026highest value
07-2026: 0.8%▼ -0.5% vs 06-2026
08-2026: 0.7%▼ -14.9% vs 07-2026
09-2026: 0.8%▲ +9.4% vs 08-2026
10-2026: 0.8%▲ +3.4% vs 09-2026
- Size: turnover €181,583, total assets €54,638 raises the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Equity €44,802 (82.0% of total assets) lowers the probability
- Founded in 2016 lowers the probability for this profile
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 5.19 against 4.38 in 2024; short-term debt: 18% and cash: 6.7% of total assets), and 18% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 49%, profitability 28%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 05-01-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
5 d late
2024
7 d early
2023
30 d late
2022
10 d late
2021
11 d late
2020
18 d late
2019
25 d early
← 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 6 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today. Usually files around 10 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-05-2026 close02-10-2026 today31-12-2026 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-12-2026
- 05-01-2026Annual accounts filed
- 24-12-2024Annual accounts filed
- 30-01-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Bricklaying and masonry workNACE 43910
- Founded
- 04-02-2016
- Year ends
- 31-05
- Peppol
- Reachable for e-invoices
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 trust this company with building work?Contractor check 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
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