ACTIVE

TRADEWARE

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Financial year 2025 · closed on 31/12/2025
Net result
107,7 k €
-7.6% YoY
Revenue
751,7 k €
-3.1% YoY
Equity
912,6 k €
-78.7% YoY
Workforce
5,0 ETP
-16.7% YoY

What does TRADEWARE do?

TRADEWARE is a Public limited company incorporated in 1992. Its main activity is: Computer programming activities. Its registered office is in Mont-Saint-Guibert. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0447.647.179
Incorporation
23/06/1992
Legal form
Public limited company
Registered office
Rue du Fond Cattelain 2
1435 Mont-Saint-Guibert · WallonieSee on map
Contributed capital
679 976,05 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities46500Wholesale of information and communication equipment62100Computer programming, consultancy and related activities
Joint committees (2)
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320102009200820072006
Income statement
Revenue751,7 k €775,8 k €666,7 k €838,8 k €836,1 k €810,3 k €882,4 k €754,9 k €824,2 k €650,6 k €560,2 k €–––––238,9 k €–
EBITDA71,7 k €73,1 k €61,3 k €373,6 k €321,8 k €302,5 k €384,9 k €360,2 k €359,5 k €327,4 k €321,8 k €197,2 k €240,5 k €-17,0 k €-17,5 k €-26,3 k €-32,9 k €-159,0 k €
Operating result68,4 k €70,6 k €60,7 k €373,0 k €320,2 k €292,5 k €374,8 k €350,2 k €351,1 k €326,6 k €320,4 k €195,4 k €238,7 k €-17,0 k €-17,5 k €-26,3 k €-32,9 k €-160,2 k €
Net result107,7 k €116,6 k €100,0 k €487,0 k €334,6 k €84,2 k €659,1 k €-164,5 k €722,3 k €321,4 k €320,9 k €195,5 k €237,7 k €-9,8 k €17,4 k €44,0 k €47,9 k €-18,0 k €
Balance sheet
Equity912,6 k €4,3 M €4,2 M €4,1 M €3,6 M €3,2 M €3,2 M €2,5 M €2,7 M €1,9 M €1,6 M €1,3 M €1,1 M €687,6 k €697,4 k €680,0 k €636,0 k €588,1 k €
Total assets4,5 M €4,4 M €4,4 M €4,1 M €3,7 M €3,4 M €3,3 M €2,6 M €2,8 M €2,0 M €1,7 M €1,4 M €1,2 M €742,0 k €758,0 k €758,8 k €761,1 k €762,5 k €
Cash2,5 M €1,8 M €304,5 k €2,6 M €1,9 M €1,4 M €972,1 k €548,3 k €1,0 M €342,4 k €1,1 M €7,0 k €6,4 k €2,3 k €4,7 k €6,8 k €43,9 k €65,0 k €
Debts3,6 M €85,1 k €206,2 k €69,6 k €127,0 k €112,9 k €91,7 k €91,4 k €117,1 k €86,4 k €84,1 k €98,3 k €100,0 k €54,4 k €60,6 k €57,7 k €62,4 k €75,1 k €
Other
Workforce5,0 ETP6,0 ETP4,8 ETP4,5 ETP5,0 ETP4,3 ETP4,0 ETP3,7 ETP3,0 ETP3,0 ETP3,0 ETP2,9 ETP3,0 ETP–––0,4 ETP3,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

LOYERSCO

Director · since 30 octobre 2024 · 0543.387.367

Represented by Hugues Rolin

Active
DOMINIQUE VERHULST

Director · since 05 mai 2023

Active
Moteurs et Francois

Managing director · since 05 mai 2023 · 0425.662.229

Represented by CHARLES DELNOY

Active

Ended mandates

Participations Financières et Immobilières

Director · since 05 mai 2023 · 0425.703.801

Represented by JEAN-FRANCOIS VAN HECKE

Ended
DOMINIQUE VERHULST

Director · since 05 juin 2020

Ended
Moteurs et Francois

Managing director · since 05 mai 2017 · until 05 mai 2023 · 0425.662.229

Represented by CHARLES DELNOY

Ended
Moteurs et Francois

Managing director · since 05 mai 2017 · 0425.662.229

Represented by CHARLES DELNOY

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202610/06/202514/05/202415/05/202309/06/202231/05/2021
General meeting29/05/202630/05/202503/05/202405/05/202306/05/202207/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202609/06/2026FrenchPDF
Full model31/12/202430/05/202510/06/2025FrenchPDF
Full model31/12/202303/05/202414/05/2024FrenchPDF
Full model31/12/202205/05/202315/05/2023FrenchPDF
Full model31/12/202106/05/202209/06/2022FrenchPDF
Full model31/12/202007/05/202131/05/2021FrenchPDF
Full model31/12/201905/06/202022/06/2020FrenchPDF
Full model31/12/201803/05/201922/05/2019FrenchPDF
Full model31/12/201704/05/201822/05/2018FrenchPDF
Full model31/12/201605/05/201729/05/2017FrenchPDF
Full model31/12/201504/05/201625/05/2016FrenchPDF
Abridged model31/12/201430/04/201516/05/2015FrenchPDF
Abridged model31/12/201302/05/201419/05/2014FrenchPDF
Abridged model31/12/201203/05/201321/05/2013FrenchPDF
Abridged model31/12/201110/05/201217/07/2012FrenchPDF
Abridged model31/12/201013/05/201107/06/2011FrenchPDF
Abridged model31/12/200901/06/201001/07/2010FrenchPDF
Abridged model31/12/200827/05/200926/06/2009FrenchPDF
Abridged model31/12/200726/05/200813/06/2008FrenchPDF
Abridged model31/12/200623/05/200705/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/12/2025 · 3 active · 29 ended

Active mandates

LOYERSCO

Director · since 30 octobre 2024 · 0543.387.367

Represented by Hugues Rolin

Active
DOMINIQUE VERHULST

Director · since 05 mai 2023

Active
Moteurs et Francois

Managing director · since 05 mai 2023 · 0425.662.229

Represented by CHARLES DELNOY

Active

Ended mandates

Participations Financières et Immobilières

Director · since 05 mai 2023 · 0425.703.801

Represented by JEAN-FRANCOIS VAN HECKE

Ended
DOMINIQUE VERHULST

Director · since 05 juin 2020

Ended
Moteurs et Francois

Managing director · since 05 mai 2017 · until 05 mai 2023 · 0425.662.229

Represented by CHARLES DELNOY

Ended
Moteurs et Francois

Managing director · since 05 mai 2017 · 0425.662.229

Represented by CHARLES DELNOY

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/01/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office11/06/2018
    SIEGE SOCIAL
    PDF
  • Mandates28/02/2018
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 2025107,7 k €↓
  2. 2024
    Annual accounts 2024116,6 k €↑
  3. 2023
    Annual accounts 2023100,0 k €↓
  4. 2022
    Annual accounts 2022487,0 k €↑
  5. 2021
    Annual accounts 2021334,6 k €↑
  6. 2020
    Annual accounts 202084,2 k €↓
  7. 2019
    Annual accounts 2019659,1 k €↑
  8. 2018
    Annual accounts 2018-164,5 k €↓
  9. 2017
    Annual accounts 2017722,3 k €↑
  10. 2016
    Annual accounts 2016321,4 k €↑
  11. 2015
    Annual accounts 2015320,9 k €↑
  12. 2014
    Annual accounts 2014195,5 k €↓
  13. 2013
    Annual accounts 2013237,7 k €↑
  14. 2010
    Annual accounts 2010-9,8 k €↓
  15. 2009
    Annual accounts 200917,4 k €↓
  16. 2008
    Annual accounts 200844,0 k €↓
  17. 2007
    Annual accounts 200747,9 k €↑
  18. 2006
    Annual accounts 2006-18,0 k €
  19. 23/06/1992
    IncorporationPublic limited company