TREDECIM
ActiveSummary
The annual accounts of TREDECIM for fiscal year 2024 show a net loss of 112% of the equity at the start of that year. The 2024 annual accounts show equity of €46k and a net result of €-21k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 19357 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-7
Solvency36▲+3
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days 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 tight (current ratio 1.09 against 2.14 in 2023; short-term debt: 8.3% and cash: 4.1% of total assets), and 89% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
11%
Return on assets
-5.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
37 d early
2022
48 d early
2021
32 d early
2020
28 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€46k▲ 140%
2023 · €19k
2018: €42k
2019: €17k
2020: €12k
2021: €8k
2022: €18k
2023: €19k
2018 → 2024
Total assets
€417k▲ 70.6%
2023 · €244k
2018: €421k
2019: €352k
2020: €306k
2021: €232k
2022: €194k
2023: €244k
2018 → 2024
Net result
€-21k
2023 · €1k
2018: €-6k
2019: €-20k
2020: €-5k
2021: €-4k
2022: €10k
2023: €1k
2018 → 2024
Working capital
€3k▼ 93.0%
2023 · €42k
2018: €-3k
2019: €-6k
2020: €-4k
2021: €-16k
2022: €-5k
2023: €42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€8k▼ 31.6%€18k▲ 123%€19k▲ 8.0%€46k▲ 140%
Operating result€4k-€3k▼ 11.4%€15k▲ 370%€32k▲ 111%€52k▲ 58.9%
Net result€-5k-€-4k▲ 32.0%€10k€1k▼ 85.5%€-21k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 59% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €417k
Fixed assets
€379k ▲ 129%
Current assets
€37k ▼ 52.3%
Equity and liabilities €417k
Equity
€46k ▲ 140%
Provisions
€13k
Debt
€358k ▲ 59.0%
Debt's share of the balance-sheet total falls from 92.2% to 85.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▲
2023 · €47k
Cash flow
€9k▼
2023 · €16k
Current ratio
1.09▼
2023 · 2.14
Debt to equity
7.82▼
2023 · 11.81
ROE
-46.7%▼
2023 · 7.4%
ROA
-5.1%▼
2023 · 0.6%
Interest coverage
6.89▼
2023 · 8.31
Debt ≤ 1 year
€34k▼
2023 · €37k
Debt > 1 year
€324k▲
2023 · €189k
Income taxes
€72▼
2023 · €132
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€244k€417k▲
Fixed assets21/28€166k€379k▲
Tangible fixed assets22/27€166k€379k▲
Land and buildings22€144k€347k▲
Plant, machinery and equipment23€8k€22k▲
Furniture and vehicles24€14k€11k▼
Current assets29/58€78k€37k▼
Stocks and contracts in progress3€3k-
Stocks30/36€3k-
Amounts receivable within one year40/41€557€20k▲
Trade receivables40-€4k
Other amounts receivable41€557€16k▲
Cash at bank and in hand54/58€74k€17k▼
Equity and liabilities
Total equity and liabilities10/49€244k€417k▲
Equity10/15€19k€46k▲
Contributions10/11€20k€20k=
Reserves13-€38k
Tax-exempt reserves132-€38k
Profit (loss) carried forward14€-1k€-13k▼
Provisions and deferred taxes16-€13k
Deferred taxes168-€13k
Amounts payable17/49€225k€358k▲
Amounts payable after more than one year17€189k€324k▲
Financial debts170/4€189k€324k▲
Amounts payable within one year42/48€37k€34k▼
Current portion of amounts payable after more than one year42€17k€29k▲
Trade debts44€668€5k▲
Suppliers440/4€668€5k▲
Taxes, remuneration and social security45€253€568▲
Taxes450/3€253€568▲
Other amounts payable47/48€19k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€31k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€49k€85k▲
Operating profit (loss)9901€32k€52k▲
Financial income75/76B€3€31▲
Recurring financial income75€3€31▲
Financial charges65/66B€31k€12k▼
Recurring financial charges65€6k€12k▲
Non-recurring financial charges66B€25k-
Profit (loss) for the period before taxes9903€2k€40k▲
Transfer from deferred taxes780-€3k
Transfer to deferred taxes680-€64k
Income taxes67/77€132€72▼
Profit (loss) for the period9904€1k€-21k▼
Transfer from tax-exempt reserves789-€10k
Profit (loss) for the period to be appropriated9905€1k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-13k▼
Profit (loss) brought forward from the previous period14P€-6k€-1k▲
Transfer from equity791/2€4k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-21k ▼1615%
Net result drops to €-21k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 2.14
Current ratio from 0.84 to 2.14.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after 4 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 251 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beerse · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lindenlaan 232340 BeerseGround area
385 m²
Building footprint
311 m²
Volume, LiDAR
1,629 m³
Parcel 13004C0081/00T003, Flanders · tallest building 12.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Lindenlaan 23, 2340 Beerse
since 20012.103.161.720
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0081/00T003 | Flanders | 385 m² | 1 · 311 m² | 12.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 · 1 entry · 7,200 EUR awarded · 7,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 7,200 EUR | 7,200 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,003 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.