Financials
Financial year 2025
TRADECOWALL from Fernelmont, company number BE0443564964, closed financial year 2025 with a result of € 908,287 after tax. For that financial year TRADECOWALL recorded revenue of € 11.8 million and equity of € 6.4 million. Compared with financial year 2024, the result moved from € 620,646 to € 908,287. 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 May 19, 2026.
€ 6.4 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 908,287
▲ 46% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 59% 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 € 4 million.
People and assets in 2025
36.8
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 8% vs 2024
€ 91,600 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.
€ 1.8 million
▲ 8% vs 2024
Of which on lease € 1.7 million.
Debts at end 2025
€ 2.4 million
▲ 2% vs 2024
€ 785,721 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3 million
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 178 days on average.
€ 588,911
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,322,133 | € 9,559,588 | € 12,814,555 | € 11,756,026 | ▼ 8% |
| Profit after taxes | € 1,136,877 | € 632,375 | € 620,646 | € 908,287 | ▲ 46% |
| Equity | € 4,466,111 | € 5,022,659 | € 5,558,850 | € 6,387,923 | ▲ 15% |
| Total debts | € 4,272,777 | € 4,866,270 | € 4,975,042 | € 6,266,056 | ▲ 26% |
| Cash | € 1,962,282 | € 1,327,066 | € 1,021,685 | € 1,622,383 | ▲ 59% |
| Land & buildings | € 2,035,792 | € 1,964,298 | € 1,891,442 | € 1,828,930 | ▼ 3% |
| Retained profit | € 2,008,717 | € 2,581,092 | € 3,141,738 | € 3,962,145 | ▲ 26% |
| Bank debt | € 2,051,764 | € 1,965,359 | € 2,370,144 | € 2,420,470 | ▲ 2% |
| Balance sheet total | € 10,431,897 | € 11,712,963 | € 12,242,504 | € 14,285,676 | ▲ 17% |
| Employees (FTE) | 31.5 | 33.2 | 37.7 | 36.8 | ▼ 0.9 |
Key figures of TRADECOWALL, 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 TRADECOWALL?
What happened at TRADECOWALL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CRR ASBL stepped down as director. NBB
- William HAULOTTE stepped down as director. NBB
- Thomas SADZOT stepped down as director. NBB
- DE GRAEVE stepped down as director. NBB
- Natacha JEROUVILLE stepped down as director. NBB
- ESPACES VERTS MASSE ET FILS SA stepped down as director. NBB
- David LAMY stepped down as director. NBB
- Frédéric MATHIEU stepped down as director. NBB
In short
From € 1.1 million profit in 2022 to € 908,287 profit in 2025.
Paid € 868,537 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
Pays suppliers within 178 days on average.
Management
The stake of SPAQuE, Lotren Pré Mathy, Tournai-Béton, ENTREPRISES GENERALES E. COLLETTE ET FILS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRADECOWALLThe shares are held by SPAQuE (11%), Lotren Pré Mathy (0.2%), Tournai-Béton (0.1%) and ENTREPRISES GENERALES E. COLLETTE ET FILS. It owns 100% of iTER SOLUTIONS, 100% of CARRIERES DE SILEX DU VERSANT DE MAISIERES, 76% of SOCIETE DE PATRIMOINE IMMOBILIER (SOPAIMO), 28.2% of TRADECOLIEGE, 26.9% of RECYMEX and 20.3% of IMMOBILIERE TRADECOWALL itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2028
Frédéric MATHIEU
Director
since 2024 · until 2027
Aymé ARGELES
Chairman of the board
since 2024 · until 2025
David ELOY
Director
since 2022 · until 2025
RENAUD DEVRIESE
Director
since 2024 · until 2027
Edouard HERINCKX
Chairman of the board
since 2025 · until 2026
since 2024 · until 2026
since 2023 · until 2026
Hugo DE KOCK
Director
since 2024 · until 2027
ARNAUD ROTH
Director
since 2024 · until 2027
William HAULOTTE
Director
Also active at: HAULOTTE, WH - IMMO, SOCIETE BRABANCONNE DE DEVELOPPEMENT, IMMOBILIERE TRADECOWALL
since 2025 · until 2028
since 2023 · until 2025
since 2024 · until 2027
Thomas SADZOT
Director
since 2025 · until 2028
Director · represented by Clément DEVEUGLE
since 2025 · until 2028
Hervé BRIET
Director
since 2024 · until 2027
Director · represented by HUGUES KEMPENEERS
Also active at: GROUP S - SECRETARIAT SOCIAL, SECRETARIAT SOCIAL AGREE D'EMPLOYEURS, homegrade, GROUP S, Grondbank, WORLDSKILLS BELGIUM, GROUP S - GUICHET D'ENTREPRISE, TRACIMAT vzw, Cluster Eco-Construction +2 more
since 2024 · until 2027
Natacha JEROUVILLE
Director
Also active at: CENTRE IFAPME Luxembourg, Société de Patrimoine Immobilier
since 2025 · until 2028
ESPACES VERTS MASSE ET FILS SA
Director · represented by BENOIT MASSE
since 2025 · until 2028
David LAMY
Director
Also active at: Carrières de Silex du Versant de Maisières, BARIUM MINERALS, COPRO - Onpartijdige instelling voor de controle van Bouwproducten, SOCIETE INDUSTRIELLE DE DECHETS DE CONSTRUCTION, VALORISATION ET RECYCLAGE DES MATERIAUX DE CONSTRUCTION, RECYNAM, RECYMEX, FEDERATION DES RECYCLEURS DE DECHETS DE CONSTRUCTION +1 more
since 2025 · until 2028
RICHARD MARCHAND
Director
since 2024 · until 2026
Gaspard FRANEAU
Director
since 2024 · until 2027
Hélène DELLOGE
Director
since 2025 · until 2027
Arnaud MELIN
Director
since 2023 · until 2026
Director · represented by Fabrice DE BARQUIN
Also active at: REMIND WALLONIA, Flux50, Cluster Eco-Construction
since 2024 · until 2027
Shareholders
Participations
100%
28.2%
26.9%
20.3%
5.1%
3.5%
3%
1.8%
Establishments
Establishment units
Physical locations of this company
Rue du Tronquoy, ZI, Nov. 24
5380 Fernelmont
Chemin des Crêtes s/n
6927 Tellin
Active since 24 February 2025
La-Folie 8
6630 Martelange
Active since 24 April 2025
Rue Tout-y-Faut(H-G) S/N
7110 La Louvière
Active since 24 June 2024
Rue Zénobe Gramme S/N
7181 Seneffe
Active since 28 December 2023
Route de Mellet(FL) 171
6220 Fleurus
Active since 1 March 2018
Tienne de Senenne(Senenne-Sovet) S/N
5590 Ciney
Active since 6 March 2024
Bras-Haut,Rue de la Carrière S/N
6800 Libramont-Chevigny
Active since 19 January 2021
Rue du Terminal - ATHUS S/N
6791 Aubange
Active since 13 January 2022
Rue de Ghlin(B) S/N
7331 Saint-Ghislain
Active since 31 March 2023
Rue de Chièvres(T) S/N
7333 Saint-Ghislain
Active since 5 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Carrières de Silex du Versant de Maisières same network
€ -437 gross margin · 2025
BARIUM MINERALS same network
€ 24,000 revenue · 2025
RECYNAM same network
€ 2.7 million revenue · 2025
FEDERATION DES RECYCLEURS DE DECHETS DE CONSTRUCTION same network
€ 185,318 revenue · 2025
IMMOBILIERE TRADECOWALL same network
€ -10,154 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0443.564.964
- VAT number
- BE 0443.564.964
- Registered office
- Rue du Tronquoy, ZI, Nov. 24, 5380 Fernelmont
- Names & denominations
- TRADECOWALL
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 6 February 1991
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- tradecowall.be
- Activities · NACE
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