Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 3.2 to 2.1.
Financials
Financial year 2025
TRADES from Anzegem, company number BE0459886205, closed financial year 2025 with a result of € -14,972 after tax. For that financial year TRADES recorded a gross margin of € 146,239 and equity of € -46,681. Compared with financial year 2024, the result moved from € 10,962 to € -14,972. 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 February 26, 2026.
€ -46,681
▼ € 14,972 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,972
▼ still € 10,962 profit in 2024
Profit after tax over the fiscal year.
€ 399
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -102,457.
People and assets in 2025
2.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 119,452
▲ 36% vs 2024
€ 56,900 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.
€ 16,152
▼ 45% 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.
€ 38,359
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,141
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 129,774 | € 76,750 | € 131,382 | € 146,239 | ▲ 11% |
| Profit after taxes | € -41,429 | € -72,234 | € 10,962 | € -14,972 | ▼ € 25,934 |
| Equity | € 29,563 | € -42,671 | € -31,709 | € -46,681 | ▼ € 14,972 |
| Total debts | € 424,836 | € 433,295 | € 382,059 | € 160,296 | ▼ 58% |
| Cash | € 25,482 | € 0 | - | € 399 | |
| Retained profit | € -26,213 | € -98,447 | € -87,485 | € -102,457 | ▼ € 14,972 |
| Bank debt | € 34,859 | € 35,525 | € 2,973 | € 0 | ▼ 100% |
| Balance sheet total | € 454,399 | € 390,624 | € 350,350 | € 113,615 | ▼ 68% |
| Employees (FTE) | 3.3 | 3.2 | 2.2 | 2.1 | ▼ 0.1 |
Key figures of TRADES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to TRADES?
What happened at TRADES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,972 (▼ € 25,934 vs 2024). filed late Source: NBB ↗
- New establishment in Anzegem. KBO
- Start of the company according to the CBE. KBO
- Frank Desmet became a director. NBB
In short
From € 41,429 loss in 2022 to € 14,972 loss in 2025.
Best year ever: 2024, with € 10,962 profit.
On average € 69,600 of value added per employee in 2025.
A new publication or filing at TRADES? 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 BOUWONDERNEMINGEN DESMET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRADESBehind TRADES is Frank Desmet. The shares are held by BOUWONDERNEMINGEN DESMET (99.6%).
Directors
According to the 2025 annual accounts
since 1997
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Langestraat 51
8570 Anzegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.886.205
- VAT number
- BE 0459.886.205
- Registered office
- Langestraat 51, 8570 Anzegem
- Names & denominations
- TRADES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 1997
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Goederenvervoer over de weg
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Verhuur van machines en installaties voor de bouwnijverheid