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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Traction Bois from Paliseul, company number BE0447472381, closed financial year 2025 with a result of € 5,410 after tax. For that financial year Traction Bois recorded a gross margin of € 87,626 and equity of € 152,487. Compared with financial year 2024, the result moved from € -7,469 to € 5,410. 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 3, 2026.
€ 152,487
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,410
▲ still € 7,469 loss in 2024
Profit after tax over the fiscal year.
€ 53,726
▲ 3% 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 € 133,737.
People and assets in 2025
€ 196,148
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 156,018
▼ 16% vs 2024
€ 41,197 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 71,367
▲ € 58,079 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 92,001 | € 47,073 | € 66,380 | € 87,626 | ▲ 32% |
| Profit after taxes | € 62,844 | € -34,564 | € -7,469 | € 5,410 | ▲ € 12,879 |
| Equity | € 189,110 | € 154,546 | € 147,077 | € 152,487 | ▲ 4% |
| Total debts | € 291,459 | € 289,337 | € 213,189 | € 230,642 | ▲ 8% |
| Cash | € 3,206 | € 46,427 | € 52,049 | € 53,726 | ▲ 3% |
| Land & buildings | € 13,750 | € 13,750 | € 13,750 | € 13,750 | |
| Retained profit | € 170,360 | € 135,796 | € 128,327 | € 133,737 | ▲ 4% |
| Bank debt | € 40,956 | € 232,299 | € 185,399 | € 156,018 | ▼ 16% |
| Balance sheet total | € 486,713 | € 449,145 | € 360,266 | € 383,129 | ▲ 6% |
Key figures of Traction Bois, 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 Traction Bois?
What happened at Traction Bois in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,410. Source: NBB ↗
- New establishment in Paliseul. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,844 profit in 2022 to € 5,410 profit in 2025.
Paid € 8,674 in corporate taxes since 2022.
Best year ever: 2022, with € 62,844 profit.
Management
Behind Traction Bois is Joel Hubert.
Directors
According to the 2025 annual accounts
Joel Hubert
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Rue de la Cornette, Fays 18
6856 Paliseul
Rue du Seigneur, Fays 11
6856 Paliseul
Active since 15 June 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.472.381
- VAT number
- BE 0447.472.381
- Registered office
- Rue de la Cornette, Fays 18, 6856 Paliseul
- Names & denominations
- Traction Bois
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 1992
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Exploitatie van bossen
Bosexploitatie