Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Late annual account NBB
Fiscal year 2025 was filed 355 days after the legal deadline.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Tradeshift Belgium from Ottignies-Louvain-la-Neuve, company number BE0887442805, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year Tradeshift Belgium recorded a gross margin of € 1.6 million and equity of € 9.6 million. Compared with financial year 2024, the result moved from € 1.4 million to € -1.3 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 9.6 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ still € 1.4 million profit in 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8.6 million.
People and assets in 2025
17
▲ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 89% vs 2024
€ 174,500 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.4 million
▲ € 2.3 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.5 million
▲ 156% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,379,165 | € 3,125,794 | € 3,212,092 | € 1,618,367 | ▼ 50% |
| Profit after taxes | € 2,426,892 | € 1,336,456 | € 1,382,451 | € -1,302,935 | ▼ € 2.7 million |
| Equity | € 8,135,152 | € 9,471,608 | € 10,854,059 | € 9,551,124 | ▼ 12% |
| Total debts | € 2,929,653 | € 1,745,212 | € 1,476,405 | € 4,633,982 | ▲ 214% |
| Cash | € 159,541 | € 440,958 | € 635,949 | € 1,046,157 | ▲ 65% |
| Retained profit | € 7,146,214 | € 8,482,670 | € 9,865,121 | € 8,562,186 | ▼ 13% |
| Balance sheet total | € 11,064,805 | € 11,216,820 | € 12,330,463 | € 14,185,106 | ▲ 15% |
| Employees (FTE) | 15 | 16.1 | 14.1 | 17 | ▲ 2.9 |
Key figures of Tradeshift Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to Tradeshift Belgium?
What happened at Tradeshift Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Cowles stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.3 million (▼ € 2.7 million vs 2024). filed late Source: NBB ↗
- Michael Cowles became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.4 million profit in 2022 to € 1.3 million loss in 2025.
Paid € 314,143 in corporate taxes since 2022.
Best year ever: 2022, with € 2.4 million profit.
On average € 95,200 of value added per employee in 2025.
Management
The stake of Tradeshift comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Tradeshift BelgiumThe shares are held by Tradeshift (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chemin du Cyclotron 6
1348 Ottignies-Louvain-la-Neuve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
All companies at this address →RECHERCHES ET APLLICATIONS MARKETING
GOLDEM
€ 27,071 gross margin · 2025
ArteCom
€ -10,166 gross margin · 2025
ARCADIA
€ 690 gross margin · 2025
ARTEMIS MEDICAL
€ 59,361 gross margin · 2025
+81 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
- 0887.442.805
- VAT number
- BE 0887.442.805
- Registered office
- Chemin du Cyclotron 6, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- Tradeshift Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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