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 63 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TRADECO BELGIUM from Mouscron, company number BE0453218345, closed financial year 2025 with a result of € 8.8 million after tax. For that financial year TRADECO BELGIUM recorded revenue of € 119.2 million and equity of € 28.3 million. Compared with financial year 2024, the result moved from € 5.9 million to € 8.8 million. 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 July 3, 2026.
€ 28.3 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.8 million
▲ 49% vs 2024
Profit after tax over the fiscal year.
€ 4.5 million
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.2 million paid out
59 % of the profit went to the shareholders, mostly to BLM (100 % of the shares). That is where the money ends up.
People and assets in 2025
162.1
▼ 8.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.5 million
▲ 5% vs 2024
€ 70,900 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.
€ 1.4 million
▲ 6% 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.
€ 16.3 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 1.1 million
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 80,749,936 | € 78,023,231 | € 93,208,990 | € 119,205,240 | ▲ 28% |
| Profit after taxes | € 6,609,688 | € 4,841,955 | € 5,867,191 | € 8,753,647 | ▲ 49% |
| Equity | € 20,278,936 | € 22,902,311 | € 24,752,068 | € 28,305,715 | ▲ 14% |
| Total debts | € 24,247,611 | € 32,587,908 | € 30,280,955 | € 35,101,534 | ▲ 16% |
| Cash | € 12,006,764 | € 11,116,540 | € 3,287,520 | € 4,450,263 | ▲ 35% |
| Land & buildings | € 2,168,792 | € 1,975,155 | € 0 | - | |
| Retained profit | € 20,033,571 | € 22,675,527 | € 24,654,031 | € 28,207,678 | ▲ 14% |
| Dividend | € 2,100,000 | € 2,200,000 | € 2,200,000 | € 5,200,000 | ▲ 136% |
| Bank debt | € 2,072,222 | € 3,272,222 | € 522,695 | € 0 | ▼ 100% |
| Balance sheet total | € 44,933,687 | € 55,925,910 | € 55,557,260 | € 64,070,075 | ▲ 15% |
| Employees (FTE) | 138.8 | 151.8 | 170.4 | 162.1 | ▼ 8.3 |
Key figures of TRADECO BELGIUM, 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 TRADECO BELGIUM?
What happened at TRADECO BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FACS SRL stepped down as director. NBB
- COA SRL stepped down as director. NBB
- BLM HOLDING SA stepped down as director. NBB
- G2 GESTION GLOBALE SRL stepped down as director. NBB
- Bernard LOSFELD stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8.8 million (▲ 49% vs 2024). Source: NBB ↗
- FACS SRL became a director. NBB
- COA SRL became a director. NBB
In short
From € 6.6 million profit in 2022 to € 8.8 million profit in 2025.
Paid € 7.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 8.8 million profit.
Paid out € 11.7 million in dividends to the owners in total.
A new publication or filing at TRADECO BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BLM, BLM HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRADECO BELGIUMThe shares are held by BLM (100%) and BLM HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Fabrice GONTIER
since 2024 · until 2030
Director · represented by Stéphane DELPIRE
Also active at: BECO, THERSA, BLM, EDERGEN, BLM HOLDING, IMMO TRADECO
since 2024 · until 2030
Managing director · represented by Bertrand LOSFELD
Also active at: THERSA, EDERGEN, IMMO TRADECO
since 2024 · until 2030
Director · represented by Olivier CABRAL DOS SANTOS
Also active at: THERSA, BLM, EDERGEN, BLM HOLDING, IMMO TRADECO
since 2024 · until 2030
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gustave Fachedreef(L) 5
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →THERSA same network
€ 40 million revenue · 2025
BLM same network
€ 1.1 million revenue · 2025
S.M. TRADECO BELGIUM - THERSA
S.M. TRADECO-DELENS
TRADECO - INTERCONSTRUCT - PIGNON NOIR
+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.218.345
- VAT number
- BE 0453.218.345
- Registered office
- Gustave Fachedreef(L) 5, 7700 Mouscron
- Names & denominations
- TRADECO BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 1994
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected] 056/84.19.84
- Activities · NACE
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Installatie van isolatie
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Isolatiewerkzaamheden
Overige gespecialiseerde bouwwerkzaamheden