TRAWEVAN
ActiveSummary
TRAWEVAN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.74M and a net result of €2k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 92% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability69▼-4
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 6.48 against 0.8 in 2023; short-term debt: 0.3% and cash: 1.6% of total assets), and 6.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.5%
Return on assets
0.1%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
1 d early
2023
1 d early
2021
9 d early
2020
27 d late
2019
24 d late
2018
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.74M▲ 2.9%
2023 · €2.67M
2018: €2.62M
2019: €2.63M▲ +0.2% vs 2018
2020: €2.48M▼ -5.7% vs 2019lowest value
2021: €2.55M▲ +3.0% vs 2020
2023: €2.67M
2025: €2.74Mhighest value
2018 → 2025
Total assets
€2.93M▼ 6.6%
2023 · €3.14M
2018: €4.09Mhighest value
2019: €4.06M▼ -0.9% vs 2018
2020: €3.44M▼ -15.2% vs 2019
2021: €3.39M▼ -1.4% vs 2020
2023: €3.14M
2025: €2.93Mlowest value
2018 → 2025
Net result
€2k▼ 98.4%
2023 · €115k
2018: €99k
2019: €6k▼ -93.7% vs 2018
2020: €-151k▼ -2497% vs 2019lowest value
2021: €73k▲ +149% vs 2020
2023: €115khighest value
2025: €2k
2018 → 2025
Working capital
€41k
2023 · €-35k
2018: €-383k
2019: €-352k▲ +8.0% vs 2018
2020: €-384k▼ -8.9% vs 2019lowest value
2021: €-237k▲ +38.2% vs 2020
2023: €-35k
2025: €41khighest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232025Trend
Equity€2.63M-€2.48M▼ 5.7%€2.55M▲ 3.0%€2.67M▲ 4.5%€2.74M▲ 2.9%
2019: €2.63M
2020: €2.48M▼ -5.7% vs 2019lowest value
2021: €2.55M▲ +3.0% vs 2020
2023: €2.67M
2025: €2.74Mhighest value
Operating result€27k-€-150k€84k€130k▲ 54.3%€-839
2019: €27k
2020: €-150k▼ -649% vs 2019lowest value
2021: €84k▲ +156% vs 2020
2023: €130khighest value
2025: €-839
Net result€6k-€-151k€73k€115k▲ 57.0%€2k▼ 98.4%
2019: €6k
2020: €-151k▼ -2497% vs 2019lowest value
2021: €73k▲ +149% vs 2020
2023: €115khighest value
2025: €2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-839 in 2025, compared with €130k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €2.93M
Fixed assets
€2.89M ▼ 3.9%
Current assets
€49k ▼ 64.7%
Equity and liabilities €2.93M
Equity
€2.74M ▲ 2.9%
Provisions
€183k
Debt
€8k ▼ 98.4%
Debt's share of the balance-sheet total falls from 15.1% to 0.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▼
2023 · €132k
Cash flow
€26k▼
2023 · €117k
Current ratio
6.48▲
2023 · 0.80
Debt to equity
0.00▼
2023 · 0.18
ROE
0.1%▼
2023 · 4.3%
ROA
0.1%▼
2023 · 3.7%
Interest coverage
170.35▲
2023 · 46.61
Debt ≤ 1 year
€8k▼
2023 · €174k
Income taxes
€0▼
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2023 · 55 lines
Balance sheet
Code20232025
Assets
Total assets20/58€3.14M€2.93M▼
Fixed assets21/28€3.00M€2.89M▼
Tangible fixed assets22/27€20k€2.89M▲
Land and buildings22€20k€2.89M▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Financial fixed assets28€2.98M-
Current assets29/58€139k€49k▼
Amounts receivable within one year40/41€136k€645▼
Trade receivables40€104k€0▼
Other amounts receivable41€32k€645▼
Cash at bank and in hand54/58€3k€48k▲
Deferred charges and accrued income490/1€0€336▲
Equity and liabilities
Total equity and liabilities10/49€3.14M€2.93M▼
Equity10/15€2.67M€2.74M▲
Contributions10/11€1.49M€899k▼
Reserves13€1.18M€1.85M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132-€548k
Distributable reserves133€1.18M€1.30M▲
Profit (loss) carried forward14€0-
Provisions and deferred taxes16-€183k
Deferred taxes168-€183k
Amounts payable17/49€475k€8k▼
Amounts payable after more than one year17€301k-
Financial debts170/4€301k-
Amounts payable within one year42/48€174k€8k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€27k€2k▼
Suppliers440/4€27k€2k▼
Taxes, remuneration and social security45€38k€0▼
Taxes450/3€38k€0▼
Other amounts payable47/48€108k€6k▼
Income statement
Code20232025
Non-recurring operating income76A€178k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€24k▲
Other operating charges640/8€4k€490▼
Gross operating margin9900€136k€23k▼
Operating profit (loss)9901€130k€-839▼
Financial income75/76B€7k€0▼
Recurring financial income75€7k€0▼
Financial charges65/66B€3k€135▼
Recurring financial charges65€3k€135▼
Profit (loss) for the period before taxes9903€134k€-974▼
Transfer from deferred taxes780-€3k
Income taxes67/77€19k€0▼
Profit (loss) for the period9904€115k€2k▼
Transfer from tax-exempt reserves789-€8k
Profit (loss) for the period to be appropriated9905€115k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€10k▼
Profit (loss) brought forward from the previous period14P€-78k-
Transfer from equity791/2-€0
Transfer to equity691/2€37k€10k▼
To other reserves6921€37k€10k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €52k | €178k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98k | €71k | €38k | €2k | €24k | - |
| Other operating charges640/8 | - | - | €21k | €4k | €490 | - |
| Gross operating margin9900 | €130k | €-75k | €144k | €136k | €23k | - |
| Operating profit (loss)9901 | €27k | €-150k | €84k | €130k | €-839 | - |
| Financial income75/76B | - | - | €4k | €7k | €0 | - |
| Recurring financial income75 | €4k | €13k | €4k | €7k | €0 | - |
| Financial charges65/66B | - | - | €15k | €3k | €135 | - |
| Recurring financial charges65 | €19k | €13k | €15k | €3k | €135 | - |
| Profit (loss) for the period before taxes9903 | €13k | €-151k | €74k | €134k | €-974 | - |
| Transfer from deferred taxes780 | - | - | - | - | €3k | - |
| Income taxes67/77 | €6k | €191 | €780 | €19k | €0 | - |
| Profit (loss) for the period9904 | €6k | €-151k | €73k | €115k | €2k | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | €8k | - |
| Profit (loss) for the period to be appropriated9905 | €6k | €-151k | €73k | €115k | €10k | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.06M | €3.44M | €3.39M | €3.14M | €2.93M | - |
| Fixed assets21/28 | €3.41M | €3.29M | €3.20M | €3.00M | €2.89M | - |
| Tangible fixed assets22/27 | €430k | €302k | €213k | €20k | €2.89M | - |
| Land and buildings22 | - | - | €196k | €20k | €2.89M | - |
| Plant, machinery and equipment23 | - | - | €1k | €0 | - | - |
| Furniture and vehicles24 | - | - | €16k | €0 | - | - |
| Financial fixed assets28 | €2.98M | €2.98M | €2.98M | €2.98M | - | - |
| Current assets29/58 | €643k | €152k | €194k | €139k | €49k | - |
| Amounts receivable within one year40/41 | €618k | €48k | €179k | €136k | €645 | - |
| Trade receivables40 | - | - | €89k | €104k | €0 | - |
| Other amounts receivable41 | - | - | €90k | €32k | €645 | - |
| Cash at bank and in hand54/58 | €11k | €91k | €13k | €3k | €48k | - |
| Deferred charges and accrued income490/1 | - | - | €2k | €0 | €336 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.06M | €3.44M | €3.39M | €3.14M | €2.93M | - |
| Equity10/15 | €2.63M | €2.48M | €2.55M | €2.67M | €2.74M | - |
| Contributions10/11 | €1.49M | - | €1.49M | €1.49M | €899k | - |
| Reserves13 | €1.14M | €1.14M | €1.14M | €1.18M | €1.85M | - |
| Non-distributable reserves130/1 | - | - | €59k | €0 | - | - |
| Reserves not available under the articles1311 | - | - | €59k | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | - | €548k | - |
| Distributable reserves133 | - | - | €1.08M | €1.18M | €1.30M | - |
| Profit (loss) carried forward14 | €-20k | €-151k | €-78k | €0 | - | - |
| Provisions and deferred taxes16 | - | - | - | - | €183k | - |
| Deferred taxes168 | - | - | - | - | €183k | - |
| Amounts payable17/49 | €1.43M | €959k | €838k | €475k | €8k | - |
| Amounts payable after more than one year17 | €431k | €423k | €406k | €301k | - | - |
| Financial debts170/4 | - | - | €406k | €301k | - | - |
| Amounts payable within one year42/48 | €996k | €536k | €432k | €174k | €8k | - |
| Current portion of amounts payable after more than one year42 | - | - | €19k | €0 | - | - |
| Trade debts44 | €83k | €64k | €48k | €27k | €2k | - |
| Suppliers440/4 | - | - | €48k | €27k | €2k | - |
| Taxes, remuneration and social security45 | - | - | €22k | €38k | €0 | - |
| Taxes450/3 | - | - | €22k | €38k | €0 | - |
| Other amounts payable47/48 | - | - | €342k | €108k | €6k | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €-151k | €73k | €115k | €2k | - |
| + Depreciation and write-downs630 | €98k | €71k | €38k | €2k | €24k | - |
| Operating cash flow (approximation) | €105k | €-80k | €112k | €117k | €26k | - |
| Investment in fixed assets (approximation) | - | €57k | €51k | - | - | - |
| Change in cash | - | €80k | €-78k | - | - | - |
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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity times 8current ratio 6.48
Current ratio from 0.80 to 6.48; short-term debt falls from €174k to €8k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €115k ▲57%
Net result €115k, the highest in the series.
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-151k
Net result drops to €-151k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Kruisem · 1 establishment unit since 2012
Ground area
3,356 m²
Building footprint
1,325 m²
Volume, LiDAR
11,176 m³
Parcel 45017A1073/00P000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STESA INVEST
since 20122.213.053.119
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017A1073/00P000 | Flanders | 3,356 m² | 1 · 1,325 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
ADL-MORE
BE 0689.735.326
Aalter · Eq €2,745,148
LACROIX INVEST
BE 0836.597.977
Blégny · Eq €2,745,233
O.P.I.M. AUTOMOTIVE
BE 0841.338.012
Wavre · Eq €2,744,000
ROBERT CONSULTING
BE 0895.067.993
Ternat · Eq €2,746,227
Frédéric Sohet
BE 0866.873.954
Vorst · Eq €2,747,935
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 16,741 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
Founded10-05-2012
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.