TREDABO
ActiveSummary
TREDABO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €80k. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-15
Solvency27▼-30
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.65 against 1.28 in 2024; short-term debt: 62.9% and cash: 22.4% of total assets), and 97.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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
2.4%
Return on assets
9.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
12 d early
2024
on the day
2023
1 d early
2022
4 d early
2021
20 d early
2020
5 d early
2019
9 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 92.1%
2024 · €261k
Total assets
€875k▲ 5.9%
2024 · €826k
Net result
€80k▼ 50.2%
2024 · €160k
Working capital
€-195k
2024 · €67k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€189k▲ 224%€111k▼ 41.5%€216k▲ 95.7%€226k▲ 4.6%€135k▼ 40.2%
Net result€149k▲ 215%€84k▼ 43.7%€160k▲ 90.8%€160k=€80k▼ 50.2%
Equity€119k▲ 69.8%€203k▲ 70.4%€376k▲ 84.9%€261k▼ 30.6%€21k▼ 92.1%
Total assets€348k▲ 168%€336k▼ 3.6%€474k▲ 41.1%€826k▲ 74.4%€875k▲ 5.9%
Debt€229k▲ 284%€132k▼ 42.1%€98k▼ 26.1%€565k▲ 478%€854k▲ 51.2%
Working capital€102k▲ 62.5%€187k▲ 82.8%€365k▲ 94.8%€67k▼ 81.6%€-195k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €875k
Fixed assets
€519k ▲ 0.4%
Current assets
€356k ▲ 15.2%
Equity and liabilities €875k
Equity
€21k ▼ 92.1%
Debt
€854k ▲ 51.2%
Debt's share of the balance-sheet total rises from 68.4% to 97.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€181k▼
2024 · €257k
Cash flow
€126k▼
2024 · €191k
Current ratio
0.65▼
2024 · 1.28
Quick ratio
0.51▼
2024 · 0.99
Debt to equity
41.34▲
2024 · 2.16
ROE
385.9%▲
2024 · 61.4%
ROA
9.1%▼
2024 · 19.4%
Interest coverage
5.79▼
2024 · 14.88
Debt ≤ 1 year
€550k▲
2024 · €242k
Debt > 1 year
€290k▼
2024 · €318k
Income taxes
€26k▼
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14k | €4k | ▼ 71.7% |
| Remuneration, social security and pensions62 | - | €22k | €913 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €9k | €6k | €30k | €46k | ▲ 51.8% |
| Other operating charges640/8 | - | €3k | €3k | €5k | €3k | ▼ 36.3% |
| Gross operating margin9900 | €198k | €145k | €226k | €262k | €185k | ▼ 29.5% |
| Operating profit (loss)9901 | €189k | €111k | €216k | €226k | €135k | ▼ 40.2% |
| Financial income75/76B | - | €5k | €4k | €3k | €2k | ▼ 9.5% |
| Recurring financial income75 | €7k | €5k | €4k | €3k | €2k | ▼ 9.5% |
| Financial charges65/66B | - | €2k | €4k | €17k | €31k | ▲ 81.6% |
| Recurring financial charges65 | €2k | €2k | €4k | €17k | €31k | ▲ 81.6% |
| Profit (loss) for the period before taxes9903 | €194k | €114k | €216k | €212k | €106k | ▼ 49.8% |
| Income taxes67/77 | €45k | €30k | €55k | €51k | €26k | ▼ 48.4% |
| Profit (loss) for the period9904 | €149k | €84k | €160k | €160k | €80k | ▼ 50.2% |
| Profit (loss) for the period to be appropriated9905 | €149k | €84k | €160k | €160k | €80k | ▼ 50.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €348k | €336k | €474k | €826k | €875k | ▲ 5.9% |
| Fixed assets21/28 | €28k | €21k | €14k | €517k | €519k | ▲ 0.4% |
| Tangible fixed assets22/27 | €25k | €18k | €12k | €517k | €519k | ▲ 0.4% |
| Land and buildings22 | - | - | - | €429k | €443k | ▲ 3.4% |
| Plant, machinery and equipment23 | - | €13k | €10k | €13k | €18k | ▲ 38.9% |
| Furniture and vehicles24 | - | €2k | €558 | €4k | €3k | ▼ 22.7% |
| Leasing and similar rights25 | - | - | - | €71k | €54k | ▼ 23.0% |
| Other tangible fixed assets26 | - | €2k | €2k | €686 | €318 | ▼ 53.7% |
| Financial fixed assets28 | €3k | €3k | €3k | €0 | - | - |
| Current assets29/58 | €320k | €315k | €459k | €309k | €356k | ▲ 15.2% |
| Stocks and contracts in progress3 | €40k | €179k | €73k | €71k | €77k | ▲ 9.5% |
| Stocks30/36 | - | €84k | €73k | €71k | €51k | ▼ 28.3% |
| Contracts in progress37 | - | €95k | €0 | - | €27k | - |
| Amounts receivable within one year40/41 | €135k | €88k | €123k | €107k | €80k | ▼ 25.5% |
| Trade receivables40 | - | €73k | €110k | €84k | €56k | ▼ 33.1% |
| Other amounts receivable41 | - | €15k | €13k | €23k | €23k | ▲ 2.5% |
| Cash at bank and in hand54/58 | €73k | €40k | €258k | €129k | €196k | ▲ 52.5% |
| Deferred charges and accrued income490/1 | - | €8k | €5k | €3k | €3k | ▼ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €348k | €336k | €474k | €826k | €875k | ▲ 5.9% |
| Equity10/15 | €119k | €203k | €376k | €261k | €21k | ▼ 92.1% |
| Contributions10/11 | - | €6k | €19k | €19k | €19k | = |
| Reserves13 | €113k | €197k | €357k | €242k | €2k | ▼ 99.1% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €197k | €357k | €242k | €2k | ▼ 99.1% |
| Profit (loss) carried forward14 | - | €0 | - | €0 | €0 | - |
| Amounts payable17/49 | €229k | €132k | €98k | €565k | €854k | ▲ 51.2% |
| Amounts payable after more than one year17 | €11k | €5k | €0 | €318k | €290k | ▼ 9.0% |
| Financial debts170/4 | - | €5k | €0 | €318k | €290k | ▼ 9.0% |
| Amounts payable within one year42/48 | €217k | €128k | €94k | €242k | €550k | ▲ 128% |
| Current portion of amounts payable after more than one year42 | - | €7k | €5k | €27k | €29k | ▲ 4.5% |
| Financial debts43 | - | €10k | €0 | - | - | - |
| Credit institutions430/8 | - | €10k | €0 | - | - | - |
| Trade debts44 | €68k | €9k | €14k | €6k | €22k | ▲ 269% |
| Suppliers440/4 | - | €9k | €14k | €6k | €22k | ▲ 269% |
| Taxes, remuneration and social security45 | - | €5k | €12k | €1k | €1k | ▲ 6.6% |
| Taxes450/3 | - | €809 | €12k | €1k | €1k | ▲ 6.6% |
| Remuneration and social security454/9 | - | €4k | €0 | - | - | - |
| Other amounts payable47/48 | - | €97k | €64k | €207k | €498k | ▲ 141% |
| Accrued charges and deferred income492/3 | - | €244 | €4k | €5k | €14k | ▲ 206% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €149k | €84k | €160k | €160k | €80k | ▼ 50.2% |
| + Depreciation and write-downs630 | €7k | €9k | €6k | €30k | €46k | ▲ 51.8% |
| Operating cash flow (approximation) | €156k | €93k | €166k | €191k | €126k | ▼ 33.9% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-533k | €-48k | ▲ 90.9% |
| Change in cash | - | €-33k | €218k | €-130k | €68k | ▲ 152% |
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
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €160k ▲0%
Operating result €226k, net result €160k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €200kEq €203k ▲70.4%
4 profitable years in a row build equity to €203k.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €119k ▲69.8%
3 profitable years in a row build equity to €119k.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Maarkedal · 2 establishment units since 2017
Ground area
2.1 ha
Building footprint
861 m²
Volume, LiDAR
841 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Tredabo
since 20172.262.808.872
Tredabo
since 20212.325.160.076
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45002B1362/00F000 | Flanders | 2.0 ha | 1 · 723 m² | 0.1 m |
| 45032C1139/00D014 | Flanders | 1,548 m² | 1 · 137 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 90 EUR awarded · 90 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 90 EUR | 90 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
5 categoriesTREDABO BV44799
Similar companies · same sector, comparable size
M3 INVEST
BE 0797.639.908
Seraing · Eq €20,664
MV DECO
BE 0738.885.721
Wemmel · Eq €20,666
WOONCONSTRUCT
BE 0785.827.979
Wuustwezel · Eq €20,670
Algemene Bouwwerken Huygens
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Balen · Eq €20,672
V&D ENERGY
BE 0799.247.435
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 11,607 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
Founded02-03-2017
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
E-mail
info@tredabo.beMaarkedal
Scores and ratios are computed by Checked and are not a credit decision.