ACTIVE

TRADEM

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Financial year 2025 · closed on 30/06/2025

Net result

101,4 k €

-20.3% YoY

Gross margin

257,3 k €

+1.6% YoY

Equity

3 M €

+0.0% YoY

What does TRADEM do?

TRADEM is a Private limited company incorporated in 1964. Its main activity is: Television programming and broadcasting activities. Its registered office is in Braine-l'Alleud.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.878.088

Incorporation

21/02/1964

Legal form

Private limited company

Registered office

Chaussée de Nivelles 300
1420 Braine-l'Alleud · WallonieSee on map

Contributed capital

2 145 932,00 €

Latest accounts

30/06/2025

Activities (NACE)

60242Television programming and broadcasting activities· main 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 49410Freight transport by road 49410Freight transport by road

Joint committees (4)

140
14003
218
226

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	257,3 k €	+1.6%	253,3 k €	+3.7%	244,3 k €	-18.4%	299,3 k €	+17.8%	254,1 k €	+30.2%	195,3 k €	-24.7%	259,4 k €	+17.9%	220 k €	+37.7%	159,7 k €	-71.1%	552,6 k €	-4.6%	579,4 k €	+62.2%	357,1 k €	-1.3%	361,8 k €	-31.5%	528,4 k €	-13.2%	608,8 k €	-0.3%	610,4 k €	+69.9%	359,3 k €	-15.4%	424,5 k €
EBITDA	219,9 k €	-11.8%	249,3 k €	+5.8%	235,5 k €	-18.0%	287,2 k €	+18.8%	241,7 k €	+35.2%	178,9 k €	+31.8%	135,7 k €	+63.1%	83,2 k €	-42.5%	144,7 k €	-12.1%	164,6 k €	+71.7%	95,8 k €	-43.7%	170,2 k €	-16.5%	203,8 k €	-37.9%	328,1 k €	-17.7%	398,6 k €	+8.9%	366 k €	+122%	164,8 k €	-28.0%	228,9 k €
Operating result	173,1 k €	-15.2%	204,3 k €	+7.6%	189,8 k €	-21.2%	240,9 k €	+22.3%	196,9 k €	+33.0%	148 k €	+38.1%	107,2 k €	+239%	31,6 k €	-67.7%	97,8 k €	+11.9%	87,4 k €	+3627%	-2,5 k €	-106%	43,9 k €	-16.5%	52,6 k €	-53.4%	112,9 k €	-43.3%	199 k €	-8.3%	217 k €	+364%	46,8 k €	-60.4%	118,3 k €
Net result	101,4 k €	-20.3%	127,2 k €	+0.2%	127 k €	-21.2%	161,1 k €	+18.4%	136,1 k €	+27.4%	106,8 k €	+105%	52,2 k €	+103%	25,7 k €	-70.3%	86,5 k €	+15.9%	74,7 k €	+348%	-30,1 k €	-159%	50,8 k €	-18.2%	62,1 k €	-21.4%	79,1 k €	-41.8%	135,9 k €	-26.7%	185,5 k €	+65.5%	112,1 k €	+64.8%	68 k €
Balance sheet
Equity	3 M €	+0.0%	3 M €	+2.6%	3 M €	+4.5%	2,8 M €	+6.0%	2,7 M €	+5.4%	2,5 M €	-3.6%	2,6 M €	-33.7%	4 M €	+0.7%	4 M €	+2.2%	3,9 M €	+2.0%	3,8 M €	+103%	1,9 M €	+2.8%	1,8 M €	+3.5%	1,8 M €	+4.7%	1,7 M €	+8.6%	1,5 M €	+13.4%	1,4 M €	+8.7%	1,3 M €
Total assets	3,8 M €	+0.9%	3,8 M €	+1.6%	3,7 M €	-0.9%	3,7 M €	-2.9%	3,8 M €	+2.4%	3,8 M €	-0.9%	3,8 M €	-15.0%	4,5 M €	-4.9%	4,7 M €	+0.4%	4,7 M €	-5.2%	4,9 M €	+145%	2 M €	-8.1%	2,2 M €	-9.6%	2,4 M €	-7.7%	2,6 M €	+7.2%	2,4 M €	+2.1%	2,4 M €	+6.1%	2,3 M €
Cash	68 k €	-77.8%	306,5 k €	+37.5%	223 k €	+127%	98,2 k €	-49.7%	195,2 k €	+1397%	13 k €	+72.4%	7,6 k €	-94.0%	125,7 k €	+130%	54,5 k €	-67.5%	167,9 k €	-32.0%	247 k €	+19.3%	207,2 k €	+21.1%	171 k €	-56.9%	396,7 k €	-26.9%	542,6 k €	+38.2%	392,6 k €	+0.9%	389 k €	+139%	162,8 k €
Debts	640,2 k €	+5.1%	609,4 k €	-15.9%	724,5 k €	-17.9%	882,9 k €	-18.1%	1,1 M €	-10.1%	1,2 M €	+4.8%	1,1 M €	+193%	390,7 k €	-46.1%	724,6 k €	+1.1%	716,9 k €	-36.1%	1,1 M €	+1089%	94,3 k €	-71.0%	325 k €	-47.2%	615,4 k €	-31.0%	891,8 k €	+5.2%	848,1 k €	-13.0%	974,7 k €	+2.8%	947,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		10,6 ETP	-33.8%	16,0 ETP	+300%	4,0 ETP	-20.0%	5,0 ETP	0.0%	5,0 ETP	-16.7%	6,0 ETP	+20.0%	5,0 ETP	+25.0%	4,0 ETP	-4.8%	4,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Christine Demoulin

Director · since 21 juin 1990

Active

Ended mandates

Christine Demoulin

Manager · since 21 juin 1990

Ended

Alain DEMOULIN

Manager

Ended

Christine DEMOULIN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ALOHA'SH● Active	0895.346.919
Belenergie● Active	0789.431.827
BEVAC Engineering● Active	0845.718.848
CDFI● Active	0811.711.341

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/12/2025	24/12/2024	08/12/2023	13/12/2022	28/01/2022	19/10/2020
General meeting	14/10/2025	08/10/2024	10/10/2023	11/10/2022	12/10/2021	13/10/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	14/10/2025	19/12/2025	French	PDF
Abridged model	30/06/2024	08/10/2024	24/12/2024	French	PDF
Abridged model	30/06/2023	10/10/2023	08/12/2023	French	PDF
Abridged model	30/06/2022	11/10/2022	13/12/2022	French	PDF
Abridged model	30/06/2021	12/10/2021	28/01/2022	French	PDF
Abridged model	30/06/2020	13/10/2020	19/10/2020	French	PDF
Abridged model	30/06/2019	08/10/2019	24/12/2019	French	PDF
Abridged model	30/06/2018	09/10/2018	07/01/2019	French	PDF
Abridged model	30/06/2017	10/10/2017	24/11/2017	French	PDF
Abridged model	30/06/2016	18/11/2016	07/12/2016	French	PDF
Abridged model	30/06/2015	22/12/2015	13/01/2016	French	PDF
Abridged model	30/06/2014	26/12/2014	15/01/2015	French	PDF
Abridged model	31/03/2013	10/09/2013	04/11/2013	French	PDF
Abridged model	31/03/2012	11/09/2012	30/10/2012	French	PDF
Abridged model	31/03/2011	13/09/2011	28/10/2011	French	PDF
Abridged model	31/03/2010	14/09/2010	26/10/2010	French	PDF
Abridged model	31/03/2009	08/09/2009	13/10/2009	French	PDF
Abridged model	31/03/2008	09/09/2008	13/11/2008	French	PDF
Abridged model	31/03/2007	11/09/2007	15/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Christine Demoulin

Director · since 21 juin 1990

Active

Ended mandates

Christine Demoulin

Manager · since 21 juin 1990

Ended

Alain DEMOULIN

Manager

Ended

Christine DEMOULIN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/01/2024
MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Capital / shares18/04/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Capital / shares19/06/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring14/05/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring14/05/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring14/05/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates15/04/2014
DENOMINATION - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Restructuring28/02/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025101,4 k €↓
2024
Annual accounts 2024127,2 k €↑
2023
Annual accounts 2023127 k €↓
2022
Annual accounts 2022161,1 k €↑
2021
Annual accounts 2021136,1 k €↑
2020
Annual accounts 2020106,8 k €↑
2019
Annual accounts 201952,2 k €↑
2018
Annual accounts 201825,7 k €↓
2017
Annual accounts 201786,5 k €↑
2016
Annual accounts 201674,7 k €↑
2015
Annual accounts 2015-30,1 k €↓
2013
Annual accounts 201350,8 k €↓
2012
Annual accounts 201262,1 k €↓
2011
Annual accounts 201179,1 k €↓
2010
Annual accounts 2010135,9 k €↓
2009
Annual accounts 2009185,5 k €↑
2008
Annual accounts 2008112,1 k €↑
2007
Annual accounts 200768 k €
21/02/1964
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TRADEM

Overview

What does TRADEM do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline