Trait d'Union
ActiveTrait d'Union has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €685k and a net result of €110k. Equity is shrinking by ~5.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+76
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
short-term debt: 0.1% and cash: 7.5% of total assets, and 0.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
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
99.8%
Return on assets
16.1%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
21 d early
2023
7 d early
2022
21 d early
2021
27 d early
2020
37 d early
2019
29 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€110k
2024 · €-92k
2018: €56k
2019: €15k
2020: €-138k
2021: €-43k
2022: €10k
2023: €-55k
2024: €-92k
2018 → 2025
Working capital
€686k▲ 19.2%
2024 · €575k
2018: €877k
2019: €893k
2020: €755k
2021: €712k
2022: €722k
2023: €754k
2024: €575k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€712k-€722k▲ 1.4%€667k▼ 7.6%€575k▼ 13.8%€685k▲ 19.2%
Operating result€-46k-€92k€-94k€-109k▼ 16.6%€92k
Net result€-43k-€10k€-55k€-92k▼ 67.5%€110k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €92k after a loss of €109k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €686k
Equity
€685k▲ 19.2%
Debt
€1k▼ 98.4%
The debt ratio falls from 11.3% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
99.8%▲
2024 · 88.7%
Debt / equity
0.00▼
2024 · 0.13
ROE
16.1%▲
2024 · -16.0%
ROA
16.1%▲
2024 · -14.2%
Debt
€1k▼
2024 · €73k
Debt ≤ 1 year
€756▼
2024 · €73k
A ratio outside any meaningful range has been withheld (balance sheet total €686k, equity €685k).
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€648k€686k▲
Current assets29/58€648k€686k▲
Current investments50/53€618k€635k▲
Cash at bank and in hand54/58€31k€51k▲
Deferred charges and accrued income490/1€256€460▲
Equity and liabilities
Total equity and liabilities10/49€648k€686k▲
Equity10/15€575k€685k▲
Contributions10/11€1.14M€1.14M=
Capital10€1.14M€1.14M=
Profit (loss) carried forward14€-563k€-453k▲
Amounts payable17/49€73k€1k▼
Amounts payable within one year42/48€73k€756▼
Trade debts44€73k€421▼
Suppliers440/4€73k€421▼
Taxes, remuneration and social security45€322€335▲
Taxes450/3€322€335▲
Accrued charges and deferred income492/3€392€424▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€229k€108k▼
Other operating charges640/8€323€336▲
Gross operating margin9900€-109k€92k▲
Operating profit (loss)9901€-109k€92k▲
Financial income75/76B€18k€17k▼
Recurring financial income75€18k€17k▼
Financial charges65/66B€90€-1k▼
Recurring financial charges65€90€-1k▼
Profit (loss) for the period before taxes9903€-92k€110k▲
Profit (loss) for the period9904€-92k€110k▲
Profit (loss) for the period to be appropriated9905€-92k€110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-563k€-453k▲
Profit (loss) brought forward from the previous period14P€-471k€-563k▼
The notes to these accounts (1 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
04-09
State Gazette act
Board meeting · Director resignationBoard meeting · Director resignation · Member resignation13 facts ▸
State Gazette act
Board meeting · Director resignation
Board meeting · Director resignation · Member resignation13 facts ▸
- Board meeting, 2026-05-29
- Director resignation, Cocciolo Antonio (administrateur)
- Member resignation, Cocciolo Antonio (associé)
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Board composition, administrateur, 2026-05-29
- Director appointment, Del Percio 1. (Président)
- +1 further facts in this act
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €110k
Net result €110k after 2 loss-making years.
31-12
Financial
Liquidity times 102current ratio 907.85
Current ratio from 8.89 to 907.85; short-term debt falls from €73k to €756.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1762.16
Current ratio from 557.48 to 1762.16; short-term debt falls from €1k to €428.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-12
Financial
Liquidity times 31current ratio 557.48
Current ratio from 17.82 to 557.48; short-term debt falls from €42k to €1k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-138k ▼1005%
Net result drops to €-138k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Del Percio 1.
CurrentChair · since 27-08-2026
Megal L.
CurrentTreasurer · since 27-08-2026
27-08-2026
Del Percio 1.: Appointed as Chair
27-08-2026
Megal L.: Appointed as Treasurer
27-08-2026
COCCIOLO Antonio: Resigned as Director
Location & real-estate footprint
Registered office, Charleroi
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 du Grand Central 916000 CharleroiGround area
359 m²
Building footprint
166 m²
Parcel 52011D0275/00E013, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011D0275/00E013indicative | Wallonia | 359 m² | 1 · 166 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
Legal Entity Identifier
967600Z3YX3CG415ZE32
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded21-11-1996
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.