Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
TRACOBA from Zwalm, company number BE0429576376, closed financial year 2025 with a result of € -4,181 after tax. For that financial year TRACOBA recorded a gross margin of € 30,184 and equity of € -112,717. Compared with financial year 2024, the result moved from € -8,573 to € -4,181. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ -112,717
▼ € 4,181 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,181
▲ 51 % less loss than in 2024
Profit after tax over the fiscal year.
€ 11,650
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -174,690.
People and assets in 2025
€ 2,286
▲ € 1,872 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,548
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 259
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,787 | € 23,732 | € 28,766 | € 30,184 | ▲ 5% |
| Profit after taxes | € 1,106 | € -10,185 | € -8,573 | € -4,181 | ▲ € 4,391 |
| Equity | € -89,778 | € -99,963 | € -108,536 | € -112,717 | ▼ € 4,181 |
| Total debts | € 271,387 | € 252,603 | € 242,860 | € 236,744 | ▼ 3% |
| Cash | € 19,011 | € 18,056 | € 28,514 | € 11,650 | ▼ 59% |
| Land & buildings | € 160,255 | € 131,410 | € 102,565 | € 108,079 | ▲ 5% |
| Retained profit | € -151,751 | € -161,936 | € -170,509 | € -174,690 | ▼ € 4,181 |
| Bank debt | € 5,015 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 184,624 | € 152,640 | € 134,325 | € 124,028 | ▼ 8% |
Key figures of TRACOBA, 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 TRACOBA?
What happened at TRACOBA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,181. filed late Source: NBB ↗
- MATHILDIS COREMANS stepped down as director. NBB
- CHRISTINA HEIRWEGH stepped down as director. NBB
- MATHILDIS COREMANS became a director. NBB
- CHRISTINA HEIRWEGH became a director. NBB
- New establishment in Waimes. KBO
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,106 profit in 2022 to € 4,181 loss in 2025.
Best year ever: 2022, with € 1,106 profit.
Management
Directors
According to the 2025 annual accounts
MATHILDIS COREMANS
Director
since 2019 · until 2025
CHRISTINA HEIRWEGH
Managing director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Kerkstraat(Hund) 29
9630 Zwalm
Libomont 25
4950 Waimes
Active since 13 December 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.576.376
- VAT number
- BE 0429.576.376
- Registered office
- Kerkstraat(Hund) 29, 9630 Zwalm
- Names & denominations
- TRACOBA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1986
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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