Tradition Toitures
ActiveTradition Toitures has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €602k and a net result of €153k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 3569 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
91
/ 100
Excellent▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency79▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.94 in 2023), and 36.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 2024Solvency, return and age of the figures
Solvency
63.1%
Return on assets
16%
Age of the figures
20 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 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
7 d early
2022
30 d late
2021
28 d late
2020
27 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€153k▲ 45.2%
2023 · €105k
2018: €40k
2019: €10k
2020: €83k
2021: €18k
2022: €85k
2023: €105k
2018 → 2024
Working capital
€17k
2023 · €-17k
2018: €-28k
2019: €-78k
2020: €1k
2021: €-65k
2022: €-47k
2023: €-17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€276k-€295k▲ 6.6%€380k▲ 28.9%€485k▲ 27.8%€602k▲ 24.1%
Operating result€122k-€31k▼ 74.6%€114k▲ 269%€151k▲ 32.5%€222k▲ 46.7%
Net result€83k-€18k▼ 77.8%€85k▲ 364%€105k▲ 23.8%€153k▲ 45.2%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 47% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €954k
Fixed assets
€683k▲ 2.3%
Current assets
€270k▲ 0.2%
Equity and liabilities €954k
Equity
€602k▲ 24.1%
Debt
€352k▼ 22.3%
The debt ratio falls from 48.3% to 36.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€327k▲
2023 · €264k
Cash flow
€258k▲
2023 · €218k
Solvency
63.1%▲
2023 · 51.7%
Current ratio
1.07▲
2023 · 0.94
Quick ratio
0.90▲
2023 · 0.70
Debt / equity
0.58▼
2023 · 0.93
ROE
25.4%▲
2023 · 21.7%
ROA
16.0%▲
2023 · 11.2%
Interest coverage
49.21▲
2023 · 41.73
Debt
€352k▼
2023 · €453k
Debt ≤ 1 year
€253k▼
2023 · €287k
Debt > 1 year
€94k▼
2023 · €165k
Income taxes
€63k▲
2023 · €40k
Staff costs
€697k▼
2023 · €739k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€938k€954k▲
Fixed assets21/28€668k€683k▲
Tangible fixed assets22/27€641k€658k▲
Land and buildings22€275k€288k▲
Plant, machinery and equipment23€106k€123k▲
Furniture and vehicles24€261k€248k▼
Financial fixed assets28€26k€25k▼
Current assets29/58€270k€270k▲
Stocks and contracts in progress3€68k€43k▼
Stocks30/36€68k€43k▼
Amounts receivable within one year40/41€107k€62k▼
Trade receivables40€73k€16k▼
Other amounts receivable41€34k€47k▲
Cash at bank and in hand54/58€69k€139k▲
Deferred charges and accrued income490/1€27k€26k▼
Equity and liabilities
Total equity and liabilities10/49€938k€954k▲
Equity10/15€485k€602k▲
Contributions10/11€19k€19k=
Reserves13€328k€445k▲
Distributable reserves133€328k€445k▲
Profit (loss) carried forward14€138k€138k=
Amounts payable17/49€453k€352k▼
Amounts payable after more than one year17€165k€94k▼
Financial debts170/4€165k€94k▼
Amounts payable within one year42/48€287k€253k▼
Current portion of amounts payable after more than one year42€90k€72k▼
Trade debts44€115k€89k▼
Suppliers440/4€115k€89k▼
Taxes, remuneration and social security45€79k€51k▼
Taxes450/3€17k€107▼
Remuneration and social security454/9€62k€51k▼
Other amounts payable47/48€3k€41k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20232024
Remuneration, social security and pensions62€739k€697k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€113k€105k▼
Other operating charges640/8€9k€10k▲
Gross operating margin9900€1.01M€1.04M▲
Operating profit (loss)9901€151k€222k▲
Financial income75/76B€141€717▲
Recurring financial income75€141€717▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€145k€216k▲
Income taxes67/77€40k€63k▲
Profit (loss) for the period9904€105k€153k▲
Profit (loss) for the period to be appropriated9905€105k€153k▲
Appropriation of the result
Profit (loss) to be appropriated9906€243k€291k▲
Profit (loss) brought forward from the previous period14P€138k€138k=
Transfer from equity791/2-€36k
Transfer to equity691/2€105k€153k▲
To the legal reserve6920€105k€153k▲
Profit to be distributed694/7-€36k
Return on contributions (dividend)694-€36k
Social balance
Average headcount (FTE)908712.311.8▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €153k ▲45.2%
Operating result €222k, net result €153k, both a record.
31-12
Financial
Equity above €500kEq €602k ▲24.1%
7 profitable years in a row build equity to €602k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 28 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Equity above €200kEq €276k ▲42.7%
3 profitable years in a row build equity to €276k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €10k ▼75.5%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brunehaut · 1 establishment unit since 2011
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.
Rue de Sin(LAP) 12A7622 BrunehautGround area
5,385 m²
Parcel 57045B0198/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Sin(LAP) 12A, 7622 Brunehaut
since 20112.208.078.702
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57045B0198/00M000 | Wallonia | 5,385 m² | - | - |
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.
Recognitions · licences · registrations
Recognised contractor
19 categoriesTradition Toitures SRL39600
Similar companies · same sector, comparable size
De Pelsemaeker
BE 0894.097.894
Gent · Eq €604k
ROOFWORKX
BE 0454.197.451
Zwevegem · Eq €600k
DAKWERKEN VERELST HERMAN
BE 0894.309.514
Vorselaar · Eq €604k
KERKHOFF ALEXANDER
BE 0811.357.389
Lommel · Eq €599k
LOEMCO
BE 1001.296.257
Kortrijk · Eq €605k
Of 8,481 companies in sector 43410 we hold annual accounts for 4,308. 2,634 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2011
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
43421Specialised construction activities
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.