ACTIVE

TRADES

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Financial year 2025 · closed on 30/06/2025

Net result

-15 k €

-236.6% YoY

Gross margin

146,2 k €

+11.3% YoY

Equity

-46,7 k €

-47.2% YoY

Workforce

2,1 ETP

-4.5% YoY

What does TRADES do?

TRADES is a Private company with limited liability incorporated in 1997. Its main activity is: Freight transport by road. Its registered office is in Anzegem. It employs on average 2,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.886.205

Incorporation

20/01/1997

Legal form

Private company with limited liability

Registered office

Langestraat 51
8570 Anzegem · FlandreSee on map

Contributed capital

55 776,04 €

Latest accounts

30/06/2025

Average workforce

2,1 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 71210Technical testing and analysis 71320Architectural and engineering activities; technical testing and analysis 77120Rental and leasing of trucks+3

Joint committees (4)

140
14003
226
2260

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	146,2 k €	+11.3%	131,4 k €	+71.2%	76,7 k €	-40.9%	129,8 k €	-29.4%	183,7 k €	-19.7%	228,8 k €	+11.7%	204,8 k €	+10.9%	184,7 k €	+49.7%	123,4 k €	+118%	56,7 k €	+87.8%	30,2 k €	+12.8%	26,8 k €	+98.3%	13,5 k €	+12.8%	12 k €	-73.7%	45,5 k €	+10.8%	41,1 k €	-24.0%	54,1 k €	+11.4%	48,5 k €
EBITDA	-379,8 €	-101%	27,6 k €	+157%	-48,2 k €	-169%	-18 k €	-174%	24,1 k €	-70.0%	80,3 k €	+5.1%	76,4 k €	+57.3%	48,6 k €	+80.6%	26,9 k €	+18.4%	22,7 k €	+66.6%	13,6 k €	+98.8%	6,9 k €	+131%	-22,3 k €	-10.5%	-20,2 k €	-337%	8,5 k €	+35.5%	6,3 k €	-52.4%	13,2 k €	+34.9%	9,8 k €
Operating result	-13,5 k €	-196%	14 k €	+120%	-70,1 k €	-77.6%	-39,5 k €	-3096%	-1,2 k €	-102%	56,1 k €	+2.0%	55,1 k €	+74.6%	31,5 k €	+60.5%	19,6 k €	+11.8%	17,6 k €	+53.0%	11,5 k €	+83.2%	6,3 k €	+127%	-22,9 k €	+9.9%	-25,4 k €	-877%	3,3 k €	+213%	1 k €	-86.9%	8 k €	+75.1%	4,5 k €
Net result	-15 k €	-237%	11 k €	+115%	-72,2 k €	-74.4%	-41,4 k €	-590%	-6 k €	-114%	44,2 k €	-14.9%	52 k €	+72.2%	30,2 k €	+59.9%	18,9 k €	-34.5%	28,8 k €	+5.6%	27,3 k €	+851%	2,9 k €	+110%	-28,7 k €	+3.9%	-29,9 k €	-8879%	-332,7 €	+91.6%	-4 k €	-260%	2,5 k €	+123%	-10,8 k €
Balance sheet
Equity	-46,7 k €	-47.2%	-31,7 k €	+25.7%	-42,7 k €	-244%	29,6 k €	-39.2%	48,6 k €	-11.0%	54,6 k €	+425%	10,4 k €	+125%	-41,6 k €	+42.1%	-71,7 k €	+20.8%	-90,6 k €	+24.1%	-119,4 k €	+18.6%	-146,7 k €	+1.9%	-149,6 k €	-23.8%	-120,9 k €	-32.8%	-91 k €	-0.4%	-90,6 k €	-4.6%	-86,7 k €	+2.8%	-89,2 k €
Total assets	113,6 k €	-67.6%	350,3 k €	-10.3%	390,6 k €	-14.0%	454,4 k €	+6.8%	425,5 k €	-11.9%	482,7 k €	+4.6%	461,5 k €	-2.1%	471,6 k €	+28.8%	366,1 k €	+22.9%	297,8 k €	+13.4%	262,6 k €	+49.7%	175,4 k €	+15.6%	151,7 k €	+43.6%	105,6 k €	-12.9%	121,2 k €	+2.6%	118,2 k €	+27.5%	92,7 k €	+8.8%	85,2 k €
Cash	398,6 €		–		0 €	-100%	25,5 k €	+139%	10,7 k €	+12945%	81,7 €	-99.4%	14,6 k €	-66.4%	43,6 k €	+1946%	2,1 k €	-64.5%	6 k €	-14.9%	7,1 k €	+3411%	200,9 €	+198%	67,4 €	-28.1%	93,7 €	0.0%	93,7 €	0.0%	93,7 €	+114%	43,7 €		–
Debts	158,2 k €	-58.4%	380,6 k €	-11.4%	429,8 k €	+4.1%	412,9 k €	+9.9%	375,9 k €	-12.2%	428,1 k €	-5.1%	451,1 k €	-11.5%	509,5 k €	+16.4%	437,8 k €	+12.9%	387,7 k €	+1.8%	380,8 k €	+18.4%	321,7 k €	+6.8%	301,3 k €	+33.3%	226 k €	+6.5%	212,2 k €	+1.6%	208,8 k €	+16.4%	179,4 k €	+3.4%	173,5 k €
Other
Workforce	2,1 ETP	-4.5%	2,2 ETP	-31.3%	3,2 ETP	-3.0%	3,3 ETP	+6.5%	3,1 ETP	+3.3%	3,0 ETP	+25.0%	2,4 ETP	-20.0%	3,0 ETP	+36.4%	2,2 ETP	+10.0%	2,0 ETP	+100%	1,0 ETP	-37.5%	1,6 ETP	+60.0%	1,0 ETP	0.0%	1,0 ETP	+11.1%	0,9 ETP	+12.5%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP

Governance

Board of directors

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

Active mandates

Frank Desmet

Director · since 07 janvier 1997

Active

Ended mandates

Frank Desmet

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Bouwmades● Bankrupt	0406.074.860
BOUWONDERNEMINGEN DESMET● Active	0425.481.986

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	26/02/2026	05/02/2025	22/12/2023	19/12/2022	31/01/2022	13/01/2021
General meeting	06/12/2025	07/12/2024	02/12/2023	03/12/2022	04/12/2021	05/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	06/12/2025	26/02/2026	Dutch	PDF
Abridged model	30/06/2024	07/12/2024	05/02/2025	Dutch	PDF
Abridged model	30/06/2023	02/12/2023	22/12/2023	Dutch	PDF
Abridged model	30/06/2022	03/12/2022	19/12/2022	Dutch	PDF
Abridged model	30/06/2021	04/12/2021	31/01/2022	Dutch	PDF
Abridged model	30/06/2020	05/12/2020	13/01/2021	Dutch	PDF
Abridged model	30/06/2019	07/12/2019	28/02/2020	Dutch	PDF
Abridged model	30/06/2018	01/12/2018	26/02/2019	Dutch	PDF
Abridged model	30/06/2017	02/12/2017	26/03/2018	Dutch	PDF
Abridged model	30/06/2016	03/12/2016	15/02/2017	Dutch	PDF
Abridged model	30/06/2015	05/12/2015	22/01/2016	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	29/04/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	15/09/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	19/08/2013	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	25/05/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	08/07/2011	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	20/08/2010	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	12/06/2009	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	19/12/2008	Dutch	PDF
Abridged model	30/06/2006	02/12/2006	19/12/2008	Dutch	PDF

Estimate

Indicative valuation

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 · 1 ended

Active mandates

Frank Desmet

Director · since 07 janvier 1997

Active

Ended mandates

Frank Desmet

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/03/2015
MAATSCHAPPELIJKE ZETEL
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 2025-15 k €↓
2024
Annual accounts 202411 k €↑
2023
Annual accounts 2023-72,2 k €↓
2022
Annual accounts 2022-41,4 k €↓
2019
Annual accounts 2019-6 k €↓
2018
Annual accounts 201844,2 k €↓
2017
Annual accounts 201752 k €↑
2016
Annual accounts 201630,2 k €↑
2015
Annual accounts 201518,9 k €↓
2014
Annual accounts 201428,8 k €↑
2013
Annual accounts 201327,3 k €↑
2012
Annual accounts 20122,9 k €↑
2011
Annual accounts 2011-28,7 k €↑
2010
Annual accounts 2010-29,9 k €↓
2009
Annual accounts 2009-332,7 €↑
2008
Annual accounts 2008-4 k €↓
2007
Annual accounts 20072,5 k €↑
2006
Annual accounts 2006-10,8 k €
20/01/1997
IncorporationPrivate company with limited liability

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

TRADES

Overview

What does TRADES do?

Trend over 18 financial years

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