TRIDES HOLDING
ActiveSummary
The annual accounts of TRIDES HOLDING for fiscal year 2024 show a net loss of 75% of the equity at the start of that year. The 2024 annual accounts show equity of €87,203 and a net result of -€259,400. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 37964 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability9▼-65
Solvency28▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 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 ample (current ratio 2.37 against 0.96 in 2023; short-term debt: 18.5% and cash: 0.4% of total assets), but 97.3% 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
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 · 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
2.7%
Return on assets
-8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 37964 sector peers (2024).
NBB · sector comparisonPosition among 37964 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-11-2025, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
121 d late
2023
61 d late
2022
32 d late
2021
31 d late
2020
2 d early
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€87,203▼ 74.8%
2023 · €346,603
Total assets
€3.2m▲ 9.2%
2023 · €3.0m
Net result
-€259,400
2023 · €118,913
Working capital
€822,862
2023 · -€61,913
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€87,105▲ 379%€117,809▲ 35.2%€68,259▼ 42.1%€197,357▲ 189%-€199,991
Net result€98,676within the sector's middle half▲ 559%€63,580above the sector's middle half▼ 35.6%€44,802within the sector's middle half▼ 29.5%€118,913above the sector's middle half▲ 165%-€259,400below the sector's middle half
Equity€139,309within the sector's middle half▲ 243%€202,888within the sector's middle half▲ 45.6%€227,690within the sector's middle half▲ 12.2%€346,603above the sector's middle half▲ 52.2%€87,203within the sector's middle half▼ 74.8%
Total assets€2.1mwithin the sector's middle half▲ 7.4%€2.6mabove the sector's middle half▲ 20.4%€2.8mabove the sector's middle half▲ 7.9%€3.0mabove the sector's middle half▲ 6.9%€3.2mabove the sector's middle half▲ 9.2%
Debt€2.0m▲ 2.5%€2.4m▲ 18.7%€2.5m▲ 7.5%€2.6m▲ 2.9%€3.1m▲ 20.3%
Working capital-€732,854below the sector's middle half▼ 19.0%-€438,177below the sector's middle half▲ 40.2%-€303,797below the sector's middle half▲ 30.7%-€61,913below the sector's middle half▲ 79.6%€822,862above the sector's middle half
Solvency6.5%below the sector's middle half▲ 4.5pp7.9%below the sector's middle half▲ 1.4pp8.2%below the sector's middle half▲ 0.3pp11.7%below the sector's middle half▲ 3.5pp2.7%below the sector's middle half▼ 9.0pp
Current ratio0.55below the sector's middle half=0.73below the sector's middle half▲ 0.180.80below the sector's middle half▲ 0.070.96below the sector's middle half▲ 0.162.37within the sector's middle half▲ 1.42
Return on assets (ROA)4.6%within the sector's middle half▲ 3.9pp2.5%within the sector's middle half▼ 2.2pp1.6%within the sector's middle half▼ 0.9pp4.0%within the sector's middle half▲ 2.4pp-8.0%below the sector's middle half▼ 12.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
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 turns negative in 2024: a loss of €199,991 after €197,357 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.2m
Fixed assets
€1.8m ▲ 13.9%
Current assets
€1.4m ▲ 3.7%
Equity and liabilities €3.2m
Equity
€87,203 ▼ 74.8%
Debt
€3.1m ▲ 20.3%
Debt's share of the balance-sheet total rises from 88.3% to 97.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€147,893▼
2023 · €241,734
Cash flow
-€207,302▼
2023 · €163,290
Quick ratio
2.23▲
2023 · 0.90
Debt to equity
36.08▲
2023 · 7.55
ROE
-297.5%▼
2023 · 34.3%
Interest coverage
-2.50▼
2023 · 8.43
Debt ≤ 1 year
€599,419▼
2023 · €1.4m
Debt > 1 year
€2.5m▲
2023 · €1.2m
Income taxes
€396▼
2023 · €49,887
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 912 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a small loss
2.4%
went bankrupt
2.1%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 912 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,134 | €22,737 | €39,944 | €44,377 | €52,098 | ▲ 17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €262,356 | - | - |
| Other operating charges640/8 | - | €10,842 | €14,018 | €15,869 | €8,780 | ▼ 44.7% |
| Gross operating margin9900 | €110,581 | €151,388 | €122,221 | €519,959 | -€139,113 | ▼ 127% |
| Operating profit (loss)9901 | €87,105 | €117,809 | €68,259 | €197,357 | -€199,991 | ▼ 201% |
| Financial income75/76B | - | €755 | €2 | €113 | €71 | ▼ 37.2% |
| Recurring financial income75 | €35,184 | €755 | €2 | €113 | €71 | ▼ 37.2% |
| Financial charges65/66B | - | €54,577 | €16,316 | €28,670 | €59,084 | ▲ 106% |
| Recurring financial charges65 | €23,196 | €54,577 | €16,316 | €28,670 | €59,084 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €99,094 | €63,987 | €51,945 | €168,800 | -€259,004 | ▼ 253% |
| Income taxes67/77 | €418 | €407 | €7,143 | €49,887 | €396 | ▼ 99.2% |
| Profit (loss) for the period9904 | €98,676 | €63,580 | €44,802 | €118,913 | -€259,400 | ▼ 318% |
| Profit (loss) for the period to be appropriated9905 | €98,676 | €63,580 | €44,802 | €118,913 | -€259,400 | ▼ 318% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.6m | €2.8m | €3.0m | €3.2m | ▲ 9.2% |
| Fixed assets21/28 | €1.2m | €1.4m | €1.6m | €1.6m | €1.8m | ▲ 13.9% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €1.3m | €1.4m | €1.4m | ▲ 3.1% |
| Land and buildings22 | - | €1.2m | €1.2m | €1.3m | €1.4m | ▲ 4.4% |
| Plant, machinery and equipment23 | - | €2,910 | €2,410 | €2,035 | €1,178 | ▼ 42.1% |
| Furniture and vehicles24 | - | €4,032 | €4,072 | €7,705 | €6,592 | ▼ 14.4% |
| Leasing and similar rights25 | - | - | €56,005 | €42,184 | €28,362 | ▼ 32.8% |
| Financial fixed assets28 | €74,793 | €202,975 | €264,025 | €214,275 | €391,775 | ▲ 82.8% |
| Current assets29/58 | €904,217 | €1.2m | €1.2m | €1.4m | €1.4m | ▲ 3.7% |
| Stocks and contracts in progress3 | €89,133 | €86,852 | €86,852 | €86,852 | €86,852 | = |
| Stocks30/36 | - | €86,852 | €86,852 | €86,852 | €86,852 | = |
| Amounts receivable within one year40/41 | €802,695 | €1.1m | €1.1m | €1.2m | €1.1m | ▼ 12.4% |
| Trade receivables40 | - | €97,931 | €45,961 | €374,173 | €134,889 | ▼ 64.0% |
| Other amounts receivable41 | - | €977,774 | €1.1m | €873,212 | €957,433 | ▲ 9.6% |
| Cash at bank and in hand54/58 | €11,751 | €6,365 | €6,389 | €35,781 | €13,748 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | - | - | €561 | €1,157 | €229,359 | ▲ 19,724% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.6m | €2.8m | €3.0m | €3.2m | ▲ 9.2% |
| Equity10/15 | €139,309 | €202,888 | €227,690 | €346,603 | €87,203 | ▼ 74.8% |
| Contributions10/11 | €252,000 | €252,000 | €252,000 | €252,000 | €252,000 | = |
| Capital10 | - | €252,000 | €252,000 | €252,000 | €252,000 | = |
| Issued capital100 | - | €252,000 | €252,000 | €252,000 | €252,000 | = |
| Reserves13 | €6,949 | €6,949 | €6,949 | €6,949 | €6,949 | = |
| Non-distributable reserves130/1 | - | €6,949 | €6,949 | €6,949 | €6,949 | = |
| Legal reserve130 | - | €6,949 | €6,949 | €6,949 | €6,949 | = |
| Profit (loss) carried forward14 | -€119,641 | -€56,061 | -€31,259 | €87,654 | -€171,746 | ▼ 296% |
| Amounts payable17/49 | €2.0m | €2.4m | €2.5m | €2.6m | €3.1m | ▲ 20.3% |
| Amounts payable after more than one year17 | €355,356 | €740,371 | €1.0m | €1.2m | €2.5m | ▲ 116% |
| Financial debts170/4 | - | €740,371 | €1.0m | €1.2m | €2.5m | ▲ 116% |
| Amounts payable within one year42/48 | €1.6m | €1.6m | €1.5m | €1.4m | €599,419 | ▼ 58.2% |
| Current portion of amounts payable after more than one year42 | - | €23,985 | €38,018 | €4,417 | €35,917 | ▲ 713% |
| Financial debts43 | - | €448,000 | €448,000 | €488,000 | €488,000 | = |
| Credit institutions430/8 | - | €448,000 | €448,000 | €488,000 | €488,000 | = |
| Trade debts44 | €137,307 | €47,300 | €60,975 | €21,031 | - | - |
| Suppliers440/4 | - | €47,300 | €60,975 | €21,031 | - | - |
| Taxes, remuneration and social security45 | - | €33,501 | €34,605 | €79,162 | €75,502 | ▼ 4.6% |
| Taxes450/3 | - | €33,501 | €34,605 | €72,005 | €75,502 | ▲ 4.9% |
| Remuneration and social security454/9 | - | - | - | €7,157 | - | - |
| Other amounts payable47/48 | - | €1.1m | €928,245 | €840,478 | - | - |
| Accrued charges and deferred income492/3 | - | €17,180 | €3,533 | €3,535 | €3,533 | ▼ 0.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98,676 | €63,580 | €44,802 | €118,913 | -€259,400 | ▼ 318% |
| + Depreciation and write-downs630 | €19,134 | €22,737 | €39,944 | €44,377 | €52,098 | ▲ 17.4% |
| Operating cash flow (approximation) | €117,810 | €86,317 | €84,746 | €163,290 | -€207,302 | ▼ 227% |
| Investment in fixed assets (approximation) | - | -€193,835 | -€204,986 | -€71,407 | -€272,439 | ▼ 282% |
| Change in cash | - | -€5,386 | €24 | €29,392 | -€22,033 | ▼ 175% |
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
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 121 days late
2024
31-12
Financial
Weakest financial yearnet -€259,400
Net result drops to -€259,400, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.37
Current ratio from 0.96 to 2.37; short-term debt falls from €1.4m to €599,419.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €118,913 ▲165%
Operating result €197,357, net result €118,913, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200,000Eq €202,888 ▲45.6%
3 profitable years in a row build equity to €202,888.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100,000Eq €139,309 ▲243%
2 profitable years in a row build equity to €139,309.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 393 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €14,973
Net result €14,973 after one loss-making year.
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 135 days late
2017
01-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 123 days late
05-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 278 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.
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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, Oostkamp · 1 establishment unit since 2007
Ground area
2.7 ha
Building footprint
3,207 m²
Volume, LiDAR
40,404 m³
Parcel 31022I0695/00C000, Flanders · tallest building 25.7 m, ±5 floors. Linked by address, not a title deed.
73
companies at this address
See who is registered here
1 establishment unit
BMB
since 20072.159.764.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022I0695/00C000 | Flanders | 2.7 ha | 1 · 3,207 m² | 25.7 m · 5 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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 40,378 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0886758162
Also
9925:BE0886758162
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.