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TRAGE WEGEN

Active
Non-profit associationfounded 2002active for 24 yearsDendermondsesteenweg 50, 9000 Gent, BelgiumKBO/BCE: BE 0478.580.281
Summary

TRAGE WEGEN has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274,018 and a net result of €232. Equity is growing by about 9% per year across the filed financial years. Its solvency ranks better than 44% of 745 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
TRAGE WEGENActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Other membership organisations
NACE 94999
2 sites
Size
€487,869total assets 2025
Staff
8 FTE
Equity
€274,018
Surplus
€232
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
6 members
2025 accounts 43 days early5 of 15 deeds summarised
Why 92lowers riskLegal form: non-profit associationLiquidity: current ratio 3.14, cash €160,090, halvedSector: Activities of membership organisations (NACE 94)Equity €274,018 (56.2% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 94, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 81+8
equity 56.2% of total assets
Liquidity 78-13
short-term debt 30.8% · cash 32.8%
Profitability 32-37
return on assets 0.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (1,216 companies, NACE 94, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.14, compared with 3.93 in 2024, above the usual 1.5; short-term debt: 30.8% and cash: 32.8% of total assets), and 43.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 94, micro): better than 39% on solvency, 45% on liquidity, 35% on profitability and 40% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 3.14, cash €160,090, halved
NBB · annual accounts
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
lowers risk · Equity €274,018 (56.2% of total assets)
NBB · annual accounts
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
35 days early
2023
15 days early
2022
21 days early
2021
13 days early
2020
26 days early
2019
21 days early
← 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 25 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Bart De Block, Charlotte Corthals…Resignations: Stijn Van Belleghem, Laurie…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Weakest financial yearnet €232 ▼92.8%

Key points

  • Board changedlatest change 01-06-2026 · 6 in office 6 joined · 3 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €232 8 years View
  • Flemish supportawarded from 2022 to 2025 €850,195 View

By topic

Financials

Financial year
2025
Total assets
€487,869
Profit
€232
Solvency
56.2%
Total assets▼ 15.1%
Net result
20182025
Go to Financials

Board & ownership

Board
6 members
  • Bart De BlockDirector
  • Charlotte CorthalsDirector
  • Michel Van de VoordeDirector
  • Olivier BosmansDirector
  • Piet CoussensDirector

and 1 other director

Go to Board & ownership

Timeline

Events
25
Since
2010
Next accounts
by 31-07-2027
  1. 30-12-2025Purpose · Amendment of the articles
  2. 30-07-2025Resignations & appointments
  3. 26-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Non-profit association
Activity
Other membership organisationsNACE 94999
Founded
15-03-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about TRAGE WEGEN

What is the company number of TRAGE WEGEN?
0478.580.281. In Belgium the VAT number is the company number with BE in front: BE 0478.580.281.
Where is TRAGE WEGEN based?
The registered office is at Dendermondsesteenweg 50, 9000 Gent.Company details
What does TRAGE WEGEN do?
According to the KBO register, the main activity is other membership organisations (NACE 94999).
What is the legal form of TRAGE WEGEN?
Non-profit association (VZW).
When was TRAGE WEGEN founded?
On 15-03-2002.
Is TRAGE WEGEN still active?
Yes, TRAGE WEGEN is an active enterprise in the KBO register.
How many employees does TRAGE WEGEN have?
On average 8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TRAGE WEGEN?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TRAGE WEGEN profitable?
In financial year 2025, TRAGE WEGEN made a profit of €232.
Where can I find the annual accounts of TRAGE WEGEN?
TRAGE WEGEN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRAGE WEGEN due?
By 31-07-2027, for financial year 2026.Timeline

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