Tronco Tradicion
ActiveTronco Tradicion has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-3
Solvency29▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.13 in 2024; short-term debt: 93.2% and cash: 0.9% of total assets), and 96.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
3.8%
Return on assets
0.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27676 sector peers (2025).
NBB · sector comparisonPosition among 27676 sector peers
Solvency
better than 10%
← weakest
strongest →
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 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
7 d early
2022
on the day
2021
on the day
2020
1 d late
2019
60 d early
← before the deadline
after the deadline →
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
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 15.1%
2024 · €13k
2019: €7k
2020: €4k
2021: €300
2022: €-3k
2023: €-906
2024: €13k
2019 → 2025
Total assets
€389k▼ 4.0%
2024 · €406k
2019: €766k
2020: €766k
2021: €764k
2022: €764k
2023: €766k
2024: €406k
2019 → 2025
Net result
€2k▼ 85.9%
2024 · €14k
2019: €-10k
2020: €-3k
2021: €-3k
2022: €-4k
2023: €2k
2024: €14k
2019 → 2025
Working capital
€-285k▲ 15.9%
2024 · €-339k
2019: €-759k
2020: €-761k
2021: €-762k
2022: €-765k
2023: €-761k
2024: €-339k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€300-€-3k€-906▲ 72.4%€13k€15k▲ 15.1%
Operating result€-3k-€-4k▼ 10.6%€2k€29k▲ 1,092%€19k▼ 36.2%
Net result€-3k-€-4k▼ 11.2%€2k€14k▲ 480%€2k▼ 85.9%
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 falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €389k
Fixed assets
€311k▼ 12.7%
Current assets
€78k▲ 59.3%
Equity and liabilities €389k
Equity
€15k▲ 15.1%
Debt
€375k▼ 4.6%
The debt ratio falls from 96.8% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▲
2024 · €50k
Cash flow
€50k▲
2024 · €35k
Solvency
3.8%▲
2024 · 3.2%
Current ratio
0.21▲
2024 · 0.13
Quick ratio
0.17▲
2024 · 0.09
Debt / equity
25.32▼
2024 · 30.56
ROE
13.1%▼
2024 · 107.1%
ROA
0.5%▼
2024 · 3.4%
Interest coverage
17.01▲
2024 · 5.88
Debt
€375k▼
2024 · €393k
Debt ≤ 1 year
€363k▼
2024 · €388k
Debt > 1 year
€12k▲
2024 · €5k
Income taxes
€13k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€406k€389k▼
Fixed assets21/28€357k€311k▼
Intangible fixed assets21€301k€270k▼
Tangible fixed assets22/27€55k€41k▼
Plant, machinery and equipment23€31k€25k▼
Furniture and vehicles24€24k€17k▼
Financial fixed assets28€363€0▼
Current assets29/58€49k€78k▲
Stocks and contracts in progress3€16k€16k▼
Stocks30/36€16k€16k▼
Amounts receivable within one year40/41€30k€57k▲
Trade receivables40€20k€55k▲
Other amounts receivable41€10k€2k▼
Cash at bank and in hand54/58€1k€3k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€406k€389k▼
Equity10/15€13k€15k▲
Contributions10/11€19k€19k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-6k€-4k▲
Amounts payable17/49€393k€375k▼
Amounts payable after more than one year17€5k€12k▲
Financial debts170/4€5k€12k▲
Amounts payable within one year42/48€388k€363k▼
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43€4k€7k▲
Credit institutions430/8€4k€7k▲
Trade debts44€82k€53k▼
Suppliers440/4€82k€53k▼
Taxes, remuneration and social security45€12k€17k▲
Taxes450/3€12k€13k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€278k€273k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€48k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€53k€68k▲
Operating profit (loss)9901€29k€19k▼
Financial income75/76B€2k€386▼
Recurring financial income75€2k€386▼
Financial charges65/66B€9k€4k▼
Recurring financial charges65€9k€4k▼
Profit (loss) for the period before taxes9903€23k€15k▼
Income taxes67/77€9k€13k▲
Profit (loss) for the period9904€14k€2k▼
Profit (loss) for the period to be appropriated9905€14k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-4k▲
Profit (loss) brought forward from the previous period14P€-61k€-6k▲
Transfer from equity791/2€42k€0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2019net €14k ▲480%
Operating result €29k, net result €14k, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €2k
Net result €2k after 4 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Harelbeke · 1 establishment unit since 2004
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.
Politieke Gevangenenstraat 368530 HarelbekeGround area
2,379 m²
Building footprint
1,599 m²
Volume, LiDAR
7,370 m³
Parcel 34322B0546/00H000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ACIDS
since 20042.137.633.540
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0546/00H000 | Flanders | 2,379 m² | 1 · 1,599 m² | 7.5 m · 2 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.
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 5,520 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2004
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
46130Agents in the wholesale of timber and building materials
50100Water transport
50200Water transport
64200Holdings
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.