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A TRE C

Active
Private limited companyfounded 199530 yrs activeTimmermansstraat 32, 8340 Damme, BelgiumKBO/BCE: BE 0456.384.307
Summary

A TRE C has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€261,098. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 95% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220NACE 74142
#9 company by equity in Damme, Professional and technical services sector1 site
How big
€1.8mtotal assets 2025
Equity
€1.7m
Loss
-€261,098
Turnover not published (abridged schema)
Financially healthy?
67 Healthy Checked score 2025
Bankruptcy chance 12 m
0.1%
Who decides
Accounts 11 d early0 of 4 deeds read
Why 67- Persistent losses+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-16
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.9 in 2024; short-term debt: 4.2% and cash: 1.6% of total assets), and 4.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
95.8%
Return on assets
-14.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€261,098
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
11 d early
2024
71 d early
2023
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 July (3 of the last 3 filed years within 57 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€261,098
  3. General meeting · Director reappointmentPermanent representative · Director resignation

Financials

Fiscal year 2025Total assets €1.8mLoss -€261,098Solvency 95.8%Liquidity 1.96
Total assets
€1.8m▼ 22.1%
2023 - 2025
Net result
-€261,098▼ 426%
2023 - 2025
Equity
€1.7m▼ 13.4%
2023 - 2025
Solvency
95.8%▲ 9.6pp
2023 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€0.03m--€0.05m▼ 102%-€0.3m▼ 412%
Net result-€0.03mbelow the sector's middle half--€0.05mbelow the sector's middle half▼ 89.1%-€0.3mbelow the sector's middle half▼ 426%
Equity€2.0mabove the sector's middle half-€2.0mabove the sector's middle half▼ 2.5%€1.7mabove the sector's middle half▼ 13.4%
Total assets€2.0mabove the sector's middle half-€2.3mabove the sector's middle half▲ 10.9%€1.8mabove the sector's middle half▼ 22.1%
Debt€0.04m-€0.3m▲ 652%€0.07m▼ 76.5%
Working capital€0.3mabove the sector's middle half-€0.3mabove the sector's middle half▼ 5.5%€0.07mwithin the sector's middle half▼ 74.9%
Solvency98.0%above the sector's middle half-86.2%above the sector's middle half▼ 11.8pp95.8%above the sector's middle half▲ 9.6pp
Current ratio8.13above the sector's middle half-1.90within the sector's middle half▼ 6.241.96within the sector's middle half▲ 0.06
Return on assets (ROA)-1.3%below the sector's middle half--2.2%below the sector's middle half▼ 0.9pp-14.8%below the sector's middle half▼ 12.6pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0Operating result 2023: -€26,325-€26,325Net result 2023: -€26,272-€26,272Operating result 2024: -€53,255-€53,255Net result 2024: -€49,680-€49,680Operating result 2025: -€272,658-€272,658Net result 2025: -€261,098-€261,098202320242025-€300,000-€200,000-€100,000€0Operating result 2023: -€26,325-€26,300Net result 2023: -€26,272-€26,300Operating result 2024: -€53,255-€53,300Net result 2024: -€49,680-€49,700Operating result 2025: -€272,658-€273,000Net result 2025: -€261,098-€261,000202320242025
The operating result stays negative: a loss of €272,658 in 2025 against €53,255 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.6m ▼ 3.1%
Current assets €144,210 ▼ 75.7%
Equity and liabilities €1.8m
Equity €1.7m ▼ 13.4%
Debt €73,608 ▼ 76.5%
Debt's share of the balance-sheet total falls from 13.8% to 4.2%. Equity and debt are lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
-€272,658▼
2024 · -€20,069
Cash flow
-€261,098▼
2024 · -€16,494
Debt to equity
0.04▼
2024 · 0.16
ROE
-15.4%▼
2024 · -2.5%
Interest coverage
-17.72▲
2024 · -125.13
Debt ≤ 1 year
€73,608▼
2024 · €313,086
Income taxes
€1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.3m€1.8m▼
Fixed assets21/28€1.7m€1.6m▼
Tangible fixed assets22/27€0.4m€0.3m▼
Land and buildings22€0.4m€0.1m▼
Assets under construction and advance payments27-€0.2m
Financial fixed assets28€1.3m€1.3m=
Current assets29/58€0.6m€0.1m▼
Amounts receivable within one year40/41€0.6m€0.1m▼
Trade receivables40€0.009m€0.02m▲
Other amounts receivable41€0.6m€0.1m▼
Cash at bank and in hand54/58€0.02m€0.03m▲
Deferred charges and accrued income490/1€7€0.002m▲
Equity and liabilities
Total equity and liabilities10/49€2.3m€1.8m▼
Equity10/15€2.0m€1.7m▼
Contributions10/11€0.5m€0.5m=
Reserves13€1.6m€1.6m=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€0.06m€0.06m=
Distributable reserves133€1.5m€1.5m=
Profit (loss) carried forward14-€0.1m-€0.4m▼
Amounts payable17/49€0.3m€0.07m▼
Amounts payable within one year42/48€0.3m€0.07m▼
Trade debts44€0.003m€0.04m▲
Suppliers440/4€0.003m€0.04m▲
Taxes, remuneration and social security45-€0.005m
Taxes450/3-€0.005m
Other amounts payable47/48€0.3m€0.03m▼
Accrued charges and deferred income492/3€193€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0▼
Other operating charges640/8€0.002m€464▼
Non-recurring operating charges66A-€0.2m
Gross operating margin9900-€0.02m-€0.04m▼
Operating profit (loss)9901-€0.05m-€0.3m▼
Financial income75/76B€0.004m€0.03m▲
Recurring financial income75€0.004m€0.03m▲
Financial charges65/66B€160€0.02m▲
Recurring financial charges65€160€0.02m▲
Profit (loss) for the period before taxes9903-€0.05m-€0.3m▼
Income taxes67/77-€1
Profit (loss) for the period9904-€0.05m-€0.3m▼
Profit (loss) for the period to be appropriated9905-€0.05m-€0.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m-€0.4m▼
Profit (loss) brought forward from the previous period14P-€0.06m-€0.1m▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,186€33,186€0▼ 100%
Other operating charges640/8€358€1,501€464▼ 69.1%
Non-recurring operating charges66A--€229,932-
Gross operating margin9900€7,218-€18,569-€42,262▼ 128%
Operating profit (loss)9901-€26,325-€53,255-€272,658▼ 412%
Financial income75/76B€16€3,736€26,950▲ 621%
Recurring financial income75€16€3,736€26,950▲ 621%
Financial charges65/66B-€37€160€15,390▲ 9,496%
Recurring financial charges65-€37€160€15,390▲ 9,496%
Profit (loss) for the period before taxes9903-€26,272-€49,680-€261,098▼ 426%
Income taxes67/77--€1-
Profit (loss) for the period9904-€26,272-€49,680-€261,098▼ 426%
Profit (loss) for the period to be appropriated9905-€26,272-€49,680-€261,098▼ 426%
Line202320242025Change
Assets
Total assets20/58€2.0m€2.3m€1.8m▼ 22.1%
Fixed assets21/28€1.7m€1.7m€1.6m▼ 3.1%
Tangible fixed assets22/27€0.4m€0.4m€0.3m▼ 14.6%
Land and buildings22€0.4m€0.4m€0.1m▼ 65.6%
Assets under construction and advance payments27--€0.2m-
Financial fixed assets28€1.3m€1.3m€1.3m=
Current assets29/58€0.3m€0.6m€0.1m▼ 75.7%
Amounts receivable within one year40/41€0.3m€0.6m€0.1m▼ 79.8%
Trade receivables40€0.008m€0.009m€0.02m▲ 68.7%
Other amounts receivable41€0.3m€0.6m€0.1m▼ 82.2%
Cash at bank and in hand54/58€0.02m€0.02m€0.03m▲ 12.6%
Deferred charges and accrued income490/1€0.001m€7€0.002m▲ 22,935%
Equity and liabilities
Total equity and liabilities10/49€2.0m€2.3m€1.8m▼ 22.1%
Equity10/15€2.0m€2.0m€1.7m▼ 13.4%
Contributions10/11€0.4m€0.5m€0.5m=
Reserves13€1.6m€1.6m€1.6m=
Non-distributable reserves130/1€0.04m€0--
Reserves not available under the articles1311€0.04m€0--
Tax-exempt reserves132€0.06m€0.06m€0.06m=
Distributable reserves133€1.5m€1.5m€1.5m=
Profit (loss) carried forward14-€0.06m-€0.1m-€0.4m▼ 237%
Amounts payable17/49€0.04m€0.3m€0.07m▼ 76.5%
Amounts payable within one year42/48€0.04m€0.3m€0.07m▼ 76.5%
Trade debts44€0.007m€0.003m€0.04m▲ 971%
Suppliers440/4€0.007m€0.003m€0.04m▲ 971%
Taxes, remuneration and social security45€0-€0.005m-
Taxes450/3€0-€0.005m-
Other amounts payable47/48€0.03m€0.3m€0.03m▼ 89.7%
Accrued charges and deferred income492/3€0€193€0▼ 100%
Line202320242025Change
Profit (loss) for the period9904-€26,272-€49,680-€261,098▼ 426%
+ Depreciation and write-downs630€33,186€33,186€0▼ 100%
Operating cash flow (approximation)€6,914-€16,494-€261,098▼ 1,483%
Investment in fixed assets (approximation)-€0€51,080-
Change in cash-€7,062€3,074▼ 56.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Board & ownership

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →

Structure & network

Connections & network

Depth

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Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Timeline

5 eventsLatest 20-07-2026Next filing 31-07-2027

History

On 18 November 1995, A TRE C was incorporated.1 Total assets went from €2.0m in 2023 to €1.8m in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€261,098
Net result drops to -€261,098, the lowest in the series.
30-06
State Gazette act General meeting · Director reappointment
Permanent representative · Director resignation
21-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 18-11-1995Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded18-11-1995
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
69209Other tax advisory services
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0456384307
Also 9925:BE0456384307
Registered 03-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Damme · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
500 m²
Building footprint
152 m²
Volume, LiDAR
679 m³
Parcel 31026C1030/00P000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Timmermansstraat 32, 8340 Damme
Real estate activities
since 1995unit no. 2.074.785.260
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31026C1030/00P000 Flanders 500 m² 1 · 151 m² 6.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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