Traen Gebroeders
ActiveSummary
Traen Gebroeders has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.10M and a net result of €513k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+3
Solvency97▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 3.18 in 2024; short-term debt: 23.7% and cash: 17.3% of total assets), and 28.3% of the assets are financed with debt.
Credit advice 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 · 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 · 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 · 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
71.7%
Return on assets
9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
27 d early
2023
20 d late
2022
32 d late
2021
31 d late
2020
27 d late
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.10M▲ 14.3%
2024 · €3.58M
2018: €1.75M
2019: €2.09M
2020: €2.46M
2021: €2.87M
2022: €2.93M
2023: €3.24M
2024: €3.58M
2018 → 2025
Total assets
€5.71M▲ 7.3%
2024 · €5.32M
2018: €3.54M
2019: €4.79M
2020: €6.17M
2021: €6.02M
2022: €6.01M
2023: €5.86M
2024: €5.32M
2018 → 2025
Net result
€513k▲ 48.3%
2024 · €346k
2018: €344k
2019: €343k
2020: €520k
2021: €407k
2022: €309k
2023: €307k
2024: €346k
2018 → 2025
Working capital
€2.32M▼ 1.8%
2024 · €2.36M
2018: €1.15M
2019: €1.26M
2020: €1.07M
2021: €1.25M
2022: €1.59M
2023: €2.09M
2024: €2.36M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.87M-€2.93M▲ 2.1%€3.24M▲ 10.5%€3.58M▲ 10.7%€4.10M▲ 14.3%
Operating result€606k-€540k▼ 10.8%€432k▼ 20.1%€511k▲ 18.3%€767k▲ 49.9%
Net result€407k-€309k▼ 24.0%€307k▼ 0.7%€346k▲ 12.4%€513k▲ 48.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.71M
Fixed assets
€2.04M ▲ 8.6%
Current assets
€3.67M ▲ 6.6%
Equity and liabilities €5.71M
Equity
€4.10M ▲ 14.3%
Debt
€1.62M ▼ 7.1%
Debt's share of the balance-sheet total falls from 32.7% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.28M▲
2024 · €980k
Cash flow
€1.02M▲
2024 · €814k
Current ratio
2.72▼
2024 · 3.18
Quick ratio
2.27▼
2024 · 2.50
Debt to equity
0.39▼
2024 · 0.49
ROE
12.5%▲
2024 · 9.6%
ROA
9.0%▲
2024 · 6.5%
Interest coverage
24.88▲
2024 · 12.84
Debt ≤ 1 year
€1.35M▲
2024 · €1.08M
Debt > 1 year
€258k▼
2024 · €630k
Income taxes
€232k▲
2024 · €129k
Staff costs
€989k▲
2024 · €901k
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 · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.32M€5.71M▲
Fixed assets21/28€1.88M€2.04M▲
Tangible fixed assets22/27€1.88M€2.04M▲
Land and buildings22€9k€8k▼
Plant, machinery and equipment23€325k€705k▲
Furniture and vehicles24€205k€262k▲
Leasing and similar rights25€1.30M€1.04M▼
Other tangible fixed assets26€43k€30k▼
Current assets29/58€3.44M€3.67M▲
Stocks and contracts in progress3€731k€601k▼
Stocks30/36€731k€601k▼
Amounts receivable within one year40/41€1.09M€1.11M▲
Trade receivables40€934k€939k▲
Other amounts receivable41€159k€167k▲
Current investments50/53€900k€900k=
Cash at bank and in hand54/58€563k€985k▲
Deferred charges and accrued income490/1€156k€77k▼
Equity and liabilities
Total equity and liabilities10/49€5.32M€5.71M▲
Equity10/15€3.58M€4.10M▲
Contributions10/11€31k€31k=
Reserves13€3.55M€4.07M▲
Non-distributable reserves130/1€35k€35k=
Reserves not available under the articles1311€35k€35k=
Tax-exempt reserves132€527k€468k▼
Distributable reserves133€2.99M€3.56M▲
Amounts payable17/49€1.74M€1.62M▼
Amounts payable after more than one year17€630k€258k▼
Financial debts170/4€630k€258k▼
Amounts payable within one year42/48€1.08M€1.35M▲
Current portion of amounts payable after more than one year42€383k€386k▲
Financial debts43€549k€406k▼
Other loans439€549k€406k▼
Trade debts44€98k€473k▲
Suppliers440/4€98k€473k▲
Taxes, remuneration and social security45€45k€55k▲
Taxes450/3€44k€53k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€8k€31k▲
Accrued charges and deferred income492/3€26k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€901k€989k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€469k€511k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Other operating charges640/8€28k€26k▼
Gross operating margin9900€1.91M€2.30M▲
Operating profit (loss)9901€511k€767k▲
Financial income75/76B€40k€29k▼
Recurring financial income75€40k€29k▼
Financial charges65/66B€76k€51k▼
Recurring financial charges65€76k€51k▼
Profit (loss) for the period before taxes9903€475k€744k▲
Income taxes67/77€129k€232k▲
Profit (loss) for the period9904€346k€513k▲
Transfer from tax-exempt reserves789€0€347k▲
Transfer to tax-exempt reserves689€175k€288k▲
Profit (loss) for the period to be appropriated9905€171k€571k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171k€571k▲
Transfer to equity691/2€171k€571k▲
To other reserves6921€171k€571k▲
Social balance
Average headcount (FTE)908711.311.1▼
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
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €307k ▼0.7%
Net result drops to €307k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €520k ▲51.8%
Net result €520k, the highest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €2.09M ▲19.6%
2 profitable years in a row build equity to €2.09M.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Zedelgem · 1 establishment unit since 1973
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.
Molendamstraat 118210 ZedelgemGround area
7,272 m²
Building footprint
1,730 m²
Volume, LiDAR
7,261 m³
Parcel 31040D0203/00G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Molendamstraat 11, 8210 Zedelgem
since 19732.008.048.468
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040D0203/00G000 | Flanders | 7,272 m² | 1 · 1,730 m² | 8.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 6,921 EUR awarded · 6,671 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,343 EUR | 2,343 EUR |
| 2024 | 1 | 968 EUR | 718 EUR |
| 2022 | 2 | 3,610 EUR | 3,610 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
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Of 1,365 companies in sector 43110 we hold annual accounts for 632. 150 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
Founded01-01-1973
Fiscal year end31-12
Activities, NACEBEL 2025
43110Demolition
43990Other specialised construction activities
77120Rental and leasing activities
77320Rental and leasing activities
77394Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.