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.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
TRAFF-X from Ukkel, company number BE0469029840, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year TRAFF-X recorded a gross margin of € -15,903 and equity of € -47.4 million. Compared with financial year 2024, the result moved from € -994,080 to € -1.2 million. 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 October 22, 2026.
€ -47.4 million
▼ € 1.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ 17 % more loss than in 2024
Profit after tax over the fiscal year.
€ 339,143
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48.9 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 3.1 million
Loans from banks and other lenders, long and short.
€ 13.1 million
Supplier invoices still open on the last day of the fiscal year.
€ 31.6 million
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,299 | € -4,261 | € -3,780 | € -15,903 | ▼ € 12,123 |
| Profit after taxes | € -3,958,205 | € -1,370,957 | € -994,080 | € -1,166,106 | ▼ € 172,026 |
| Equity | € -43,915,959 | € -45,286,916 | € -46,280,995 | € -47,447,101 | ▼ € 1.2 million |
| Total debts | € 44,199,429 | € 45,566,125 | € 46,557,011 | € 47,716,172 | ▲ 2% |
| Cash | € 353,541 | € 349,281 | € 346,087 | € 339,143 | ▼ 2% |
| Retained profit | € -45,380,959 | € -46,751,916 | € -47,745,995 | € -48,912,101 | ▼ € 1.2 million |
| Bank debt | € 3,089,135 | € 3,089,135 | € 3,089,135 | € 3,089,135 | |
| Balance sheet total | € 358,470 | € 354,209 | € 351,016 | € 344,071 | ▼ 2% |
Key figures of TRAFF-X, 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 TRAFF-X?
What happened at TRAFF-X in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TRAFF-X is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 1.2 million. filed late Source: NBB ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 4 million loss in 2022 to € 1.2 million loss in 2025.
Management
The stake of finance&invest.brussels comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRAFF-XBehind TRAFF-X is Nicolas VAN DER BORGHT. The shares are held by finance&invest.brussels (17.1%).
Directors
According to the 2025 annual accounts
Nicolas VAN DER BORGHT
Liquidator
Also active at: MIRAMAR, Maison Médicale Auderghem, DUPLAT MANAGEMENT, DUPLAT HOLDING, BELPOWER INTERNATIONAL, JOS DENTAL
Shareholders
17.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Frélaan 229
1180 Ukkel
Roodebeeksteenweg 291
1200 Sint-Lambrechts-Woluwe
Active since 21 March 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →Electricité du Bâtiment et de l'Industrie E.B.I.
S.E.G.
€ 3.9 million gross margin · 2025
MEGANCK INVESTISSEMENT GESTION
€ 128,171 gross margin · 2025
MDO FIDUCIAIRE
€ 60,575 gross margin · 2025
TRAITEUR T.L.
+19 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
- 0469.029.840
- VAT number
- BE 0469.029.840
- Registered office
- De Frélaan 229, 1180 Ukkel
- Names & denominations
- TRAFF-X
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 30 December 1999
- Peppol
- Not registered