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 2 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ilias Trade2 from Waregem, company number BE1003558931, closed financial year 2025 with a result of € -97,582 after tax. For that financial year Ilias Trade2 recorded a gross margin of € 116,505 and equity of € -366,067. Compared with financial year 2024, the result moved from € -288,484 to € -97,582. 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 August 28, 2026.
€ -366,067
▼ € 97,582 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -97,582
▲ 66 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,734
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -386,067.
People and assets in 2025
2.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 201,539
▼ 24% vs 2024
€ 80,600 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.
€ 3,147
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 292,726
▲ € 249,644 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,408
▼ 83% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -9,095 | € 116,505 | ▲ € 125,600 |
| Profit after taxes | € -288,484 | € -97,582 | ▲ € 190,902 |
| Equity | € -268,484 | € -366,067 | ▼ € 97,582 |
| Total debts | € 356,078 | € 454,626 | ▲ 28% |
| Cash | € 39,089 | € 7,734 | ▼ 80% |
| Retained profit | € -288,484 | € -386,067 | ▼ € 97,582 |
| Balance sheet total | € 87,594 | € 88,560 | ▲ 1% |
| Employees (FTE) | 2.6 | 2.5 | ▼ 0.1 |
Key figures of Ilias Trade2, fiscal years 2024 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 Ilias Trade2?
What happened at Ilias Trade2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 97,582. filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- NASHVILLE NAVIGATOR BV became a director. NBB
In short
From € 288,484 loss in 2024 to € 97,582 loss in 2025.
On average € 46,600 of value added per employee in 2025.
A new publication or filing at Ilias Trade2? 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
Behind Ilias Trade2 is NASHVILLE NAVIGATOR BV. NASHVILLE NAVIGATOR BV is also behind FEELDS SYNTHETIC TURF.
Directors
According to the 2025 annual accounts
Director · represented by EGBERT ALTENA
Also active at: FEELDS SYNTHETIC TURF
since 2023
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 172
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 1003.558.931
- VAT number
- BE 1003.558.931
- Registered office
- Franklin Rooseveltlaan 172, 8790 Waregem
- Names & denominations
- Ilias Trade2 · Ilias Trade
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2023
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in overig textiel
Groothandel in tapijten
Groothandel in weefsels, stoffen en fournituren