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TRAZZ

Active
Private limited companyfounded 20233 yrs activeRue des Magasins(TOU) 18, 7500 Tournai, BelgiumKBO/BCE: BE 0804.724.767
Summary

The annual accounts of TRAZZ for fiscal year 2025 show a net loss of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €3,250 and a net result of -€5,515. Its solvency ranks better than 17% of 3510 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability58▼-17
Solvency30▼-6
Growth32
Track record94
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.3 against 0.31 in 2024; short-term debt: 95.1% of total assets), and 95.1% of the assets are financed with debt.
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Signals

Six 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
4.9%
Return on assets
-8.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 3510 sector peers (2025).
NBB · sector comparison
Position among 3510 sector peers
Solvency
better than 17%
← weakest strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
8 d early
2024
40 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TRAZZ was incorporated on 10 August 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,250▼ 62.9%
2024 · €8,765
Total assets
€66,497▼ 14.6%
2024 · €77,899
Net result
-€5,515
2024 · €3,765
Working capital
-€44,178▲ 6.9%
2024 · -€47,427
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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
Line20242025
Operating result€5,457--€5,623
Net result€3,765within the sector's middle half--€5,515below the sector's middle half
Equity€8,765below the sector's middle half-€3,250below the sector's middle half▼ 62.9%
Total assets€77,899within the sector's middle half-€66,497within the sector's middle half▼ 14.6%
Debt€69,134-€63,247▼ 8.5%
Working capital-€47,427below the sector's middle half--€44,178below the sector's middle half▲ 6.9%
Solvency11.3%below the sector's middle half-4.9%below the sector's middle half▼ 6.4pp
Current ratio0.31below the sector's middle half-0.30below the sector's middle half▼ 0.01
Return on assets (ROA)4.8%within the sector's middle half--8.3%below the sector's middle half▼ 13.1pp
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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
-€10,000-€5,000€0€5,000Operating result 2024: €5,457€5,457Net result 2024: €3,765€3,765Operating result 2025: -€5,623-€5,623Net result 2025: -€5,515-€5,51520242025-€10,000-€5,000€0€5,000Operating result 2024: €5,457€5,460Net result 2024: €3,765€3,770Operating result 2025: -€5,623-€5,620Net result 2025: -€5,515-€5,52020242025
The operating result turns negative in 2025: a loss of €5,623 after €5,457 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66,497
Fixed assets €47,428 ▼ 15.6%
Current assets €19,069 ▼ 12.2%
Equity and liabilities €66,497
Equity €3,250 ▼ 62.9%
Debt €63,247 ▼ 8.5%
Debt's share of the balance-sheet total rises from 88.7% to 95.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,141▼
2024 · €17,559
Cash flow
€3,249▼
2024 · €15,867
Quick ratio
0.25▲
2024 · 0.20
Debt to equity
19.46▲
2024 · 7.89
ROE
-169.7%▼
2024 · 43.0%
Interest coverage
17.35▼
2024 · 77.69
Debt ≤ 1 year
€63,247▼
2024 · €69,134
Income taxes
-€9▼
2024 · €1,468
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
92% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,301 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€77,899€66,497▼
Fixed assets21/28€56,192€47,428▼
Intangible fixed assets21€51,645€45,645▼
Tangible fixed assets22/27€4,547€1,783▼
Furniture and vehicles24€4,547€1,783▼
Current assets29/58€21,707€19,069▼
Stocks and contracts in progress3€7,812€3,280▼
Stocks30/36€7,812€3,280▼
Amounts receivable within one year40/41€6,819€8,754▲
Trade receivables40€6,700€8,713▲
Other amounts receivable41€119€41▼
Current investments50/53€7,076€7,035▼
Equity and liabilities
Total equity and liabilities10/49€77,899€66,497▼
Equity10/15€8,765€3,250▼
Contributions10/11€5,000€5,000=
Reserves13€3,765€3,765=
Distributable reserves133€3,765€3,765=
Profit (loss) carried forward14--€5,515
Amounts payable17/49€69,134€63,247▼
Amounts payable within one year42/48€69,134€63,247▼
Trade debts44€803€2,187▲
Suppliers440/4€803€2,187▲
Taxes, remuneration and social security45€1,354€1,470▲
Taxes450/3€1,354€1,470▲
Other amounts payable47/48€66,977€59,590▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,102€8,764▼
Other operating charges640/8€772€480▼
Gross operating margin9900€18,331€3,621▼
Operating profit (loss)9901€5,457-€5,623▼
Financial income75/76B€2€280▲
Recurring financial income75€2€280▲
Financial charges65/66B€226€181▼
Recurring financial charges65€226€181▼
Profit (loss) for the period before taxes9903€5,233-€5,524▼
Income taxes67/77€1,468-€9▼
Profit (loss) for the period9904€3,765-€5,515▼
Profit (loss) for the period to be appropriated9905€3,765-€5,515▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,765-€5,515▼
Transfer to equity691/2€3,765-
To other reserves6921€3,765-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,102€8,764▼ 27.6%
Other operating charges640/8€772€480▼ 37.8%
Gross operating margin9900€18,331€3,621▼ 80.2%
Operating profit (loss)9901€5,457-€5,623▼ 203%
Financial income75/76B€2€280▲ 13,900%
Recurring financial income75€2€280▲ 13,900%
Financial charges65/66B€226€181▼ 19.9%
Recurring financial charges65€226€181▼ 19.9%
Profit (loss) for the period before taxes9903€5,233-€5,524▼ 206%
Income taxes67/77€1,468-€9▼ 101%
Profit (loss) for the period9904€3,765-€5,515▼ 246%
Profit (loss) for the period to be appropriated9905€3,765-€5,515▼ 246%
Line20242025Change
Assets
Total assets20/58€77,899€66,497▼ 14.6%
Fixed assets21/28€56,192€47,428▼ 15.6%
Intangible fixed assets21€51,645€45,645▼ 11.6%
Tangible fixed assets22/27€4,547€1,783▼ 60.8%
Furniture and vehicles24€4,547€1,783▼ 60.8%
Current assets29/58€21,707€19,069▼ 12.2%
Stocks and contracts in progress3€7,812€3,280▼ 58.0%
Stocks30/36€7,812€3,280▼ 58.0%
Amounts receivable within one year40/41€6,819€8,754▲ 28.4%
Trade receivables40€6,700€8,713▲ 30.0%
Other amounts receivable41€119€41▼ 65.5%
Current investments50/53€7,076€7,035▼ 0.6%
Equity and liabilities
Total equity and liabilities10/49€77,899€66,497▼ 14.6%
Equity10/15€8,765€3,250▼ 62.9%
Contributions10/11€5,000€5,000=
Reserves13€3,765€3,765=
Distributable reserves133€3,765€3,765=
Profit (loss) carried forward14--€5,515-
Amounts payable17/49€69,134€63,247▼ 8.5%
Amounts payable within one year42/48€69,134€63,247▼ 8.5%
Trade debts44€803€2,187▲ 172%
Suppliers440/4€803€2,187▲ 172%
Taxes, remuneration and social security45€1,354€1,470▲ 8.6%
Taxes450/3€1,354€1,470▲ 8.6%
Other amounts payable47/48€66,977€59,590▼ 11.0%
Line20242025Change
Profit (loss) for the period9904€3,765-€5,515▼ 246%
+ Depreciation and write-downs630€12,102€8,764▼ 27.6%
Operating cash flow (approximation)€15,867€3,249▼ 79.5%
Investment in fixed assets (approximation)-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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 2023
seat establishment The establishment unit on the map
Ground area
145 m²
Building footprint
59 m²
Volume, LiDAR
641 m³
Parcel 57462A0043/00F008, Wallonia · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TRAZZ
Rue des Magasins(TOU) 18, 7500 TournaiOther professional, scientific and technical activities
since 20232.349.042.961
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57462A0043/00F008 Wallonia 144 m² 1 · 59 m² 12.8 m · 4 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

Of 4,526 companies in sector 74301 we hold annual accounts for 720. 227 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
Founded10-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
58190Other publishing activities, excluding software publishing
74209Other photographic activities
85699Other educational support services
96999Other personal services
Contact
Website www.trazz.be
E-mail trazz@trazz.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804724767
Also 9925:BE0804724767
Registered 28-12-2025

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.