Tradas

Active

Public limited companyfounded 198738 yrs activeJoseph Coosemansstraat 86, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0432.652.959

Summary

The annual accounts of Tradas for fiscal year 2025 show a net loss of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €29,171 and a net result of -€81,781. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 23% of 736 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch Report Compare

TradasActiveChecked score 53/100

Risk analysis Report Compare

Activity

Translation services

NACE 74301NACE 74300NACE 74852

1 site

Size

€250,014total assets 2025

Staff: 1.6 FTE
Equity: €29,171
Loss: -€81,781

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 0.5%

Structure

Parent: STOQUART · 100%

Accounts filed 27 d late0 of 11 deeds read

Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- 1 change of registered office in 24 months- Loss of €81,781, the second in a row (FY 2025)- Equity €29,171 (11.7% of total assets)+ Size: total assets €250,014Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 21% of its sector peers (NACE 74, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 37-19

equity 11.7% of total assets

Liquidity 57+5

short-term debt 70.9% · cash 36.1%

Profitability 0=

return on assets -32.7%

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,346 companies)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -1.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%▼ -1.0% vs 02-2025 04-2025: 0.1%▼ -1.9% vs 03-2025 05-2025: 0.1%▼ -1.0% vs 04-2025lowest value 06-2025: 0.1%▲ +10.0% vs 05-2025 07-2025: 0.1%▲ +21.8% vs 06-2025 08-2025: 0.2%▲ +71.6% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.6%▲ +143% vs 12-2025 02-2026: 0.6%● 0.0% vs 01-2026 03-2026: 0.6%▼ -0.5% vs 02-2026 04-2026: 0.6%▼ -0.5% vs 03-2026 05-2026: 0.5%▼ -5.8% vs 04-2026 06-2026: 0.6%▲ +10.6% vs 05-2026 07-2026: 0.6%▲ +8.0% vs 06-2026 08-2026: 0.9%▲ +37.8% vs 07-2026highest value 09-2026: 0.5%▼ -45.0% vs 08-2026 10-2026: 0.5%● 0.0% vs 09-2026

1 change of registered office in 24 months raises the probability
Loss of €81,781, the second in a row (FY 2025) raises the probability
Size: total assets €250,014 lowers the probability for this profile
Equity €29,171 (11.7% of total assets) raises the probability

Credit up to €1,500 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 1.27 against 1.27 in 2024; short-term debt: 70.9% and cash: 36.1% of total assets), and 88.3% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 74, micro). Better than this share of them on solvency 22%, liquidity 47%, profitability 7%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Loss of €81,781, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €250,014

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Equity €29,171 (11.7% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€81,781

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 736 sector peers (2025).

NBB · sector comparison

Position among 736 sector peers

Solvency

better than 23%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

27 d late

2024

24 d early

2023

21 d early

2022

64 d late

2021

19 d late

2020

31 d late

2019

13 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 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)

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. Usually files around 19 August (4 of the last 5 filed years within 43 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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

27-08-26 Annual accounts filedfiscal year 2025 · abbreviated…
07-07-25 Annual accounts filedfiscal year 2024 · micro…
31-12-24 Weakest financial yearnet -€133,837

Key points

Caution: Equity fell in 2025from €110,952 to €29,171 ▼ 73.7% View
Caution: Among the weakest 8% on net resultsector median €13,087 · 734 companies -€81,781 View
Controlled by STOQUART 100% View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€81,781 View