Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 15.6 to 13.4.
Financials
Financial year 2025
TRAGECO BAT from Waimes, company number BE0426669841, closed financial year 2025 with a result of € 97,027 after tax. For that financial year TRAGECO BAT recorded a gross margin of € 671,838 and equity of € 558,235. Compared with financial year 2024, the result moved from € 84,540 to € 97,027. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 558,235
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,027
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 247,144
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 50,113.
People and assets in 2025
13.4
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 456,414
▲ 17% vs 2024
€ 34,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 111,239
▼ 6% vs 2024
Of which on lease € 8,933.
Debts at end 2025
€ 50,569
▼ 77% vs 2024
€ 33,956 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 328,195
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,530
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 699,563 | € 490,830 | € 556,818 | € 671,838 | ▲ 21% |
| Profit after taxes | € 5,921 | € 30,579 | € 84,540 | € 97,027 | ▲ 15% |
| Equity | € 346,089 | € 376,668 | € 461,207 | € 558,235 | ▲ 21% |
| Total debts | € 1,497,638 | € 697,169 | € 917,726 | € 640,669 | ▼ 30% |
| Cash | € 97,070 | € 42,529 | € 172,687 | € 247,144 | ▲ 43% |
| Land & buildings | € 168,571 | € 165,907 | € 165,706 | € 165,505 | |
| Retained profit | € -162,033 | € -131,454 | € -46,915 | € 50,113 | ▲ € 97,027 |
| Bank debt | € 303,018 | € 53,576 | € 221,466 | € 50,569 | ▼ 77% |
| Balance sheet total | € 1,843,727 | € 1,073,836 | € 1,378,933 | € 1,198,903 | ▼ 13% |
| Employees (FTE) | 14.6 | 15.6 | 15.3 | 13.4 | ▼ 1.9 |
Key figures of TRAGECO BAT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TRAGECO BAT?
What happened at TRAGECO BAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas LECOQ stepped down as director. NBB
- Roger LECOQ stepped down as director. NBB
- Christine BODET épouse LECOQ stepped down as director. NBB
- Harry LECOQ stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 97,027 (▲ 15% vs 2024). Source: NBB ↗
- Thomas LECOQ became a director. NBB
- Roger LECOQ became a director. NBB
- Christine BODET épouse LECOQ became a director. NBB
In short
From € 5,921 profit in 2022 to € 97,027 profit in 2025.
Paid € 31,166 in corporate taxes since 2022.
Best year ever: 2025, with € 97,027 profit.
On average € 50,100 of value added per employee in 2025.
Management
The stake of EXCOGES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRAGECO BATThe shares are held by EXCOGES (22%).
Directors
According to the 2025 annual accounts
Shareholders
22%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Litorne 7A
4950 Waimes
Rue de la Litorne 7 box A
4950 Waimes
Active since 1 January 1985
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.669.841
- VAT number
- BE 0426.669.841
- Registered office
- Rue de la Litorne 7A, 4950 Waimes
- Names & denominations
- TRAGECO BAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1984
- Peppol
- Active · Active since 13 Aug 2025
- Contact
- [email protected]
- Activities · NACE
Optrekken van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden, enz.
Algemene bouw van andere niet-residentiële gebouwen
Algemene bouw van residentiële gebouwen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Vervaardiging van artikelen van beton voor de bouw
Groothandel in bouwmaterialen, algemeen assortiment
Exploitatie van bossen
Winning van sier- en bouwsteen
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