BD Trust
Open bankruptcySummary
A bankruptcy procedure is open for BD Trust according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €9k and a net result of €-5k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
18 d late
2023
23 d late
2022
31 d late
2021
24 d early
2020
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€9k▼ 35.8%
2023 · €13k
Total assets
€16k▼ 13.0%
2023 · €18k
Net result
€-5k▲ 84.5%
2023 · €-31k
Working capital
€-2k▼ 8.7%
2023 · €-2k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6k-€7k▲ 10.4%€32k▲ 379%€-31k€-3k▲ 89.3%
Net result€5k-€5k▲ 9.9%€26k▲ 417%€-31k€-5k▲ 84.5%
Equity€13k-€18k▲ 40.4%€44k▲ 149%€13k▼ 69.8%€9k▼ 35.8%
Total assets€16k-€21k▲ 31.2%€59k▲ 180%€18k▼ 69.0%€16k▼ 13.0%
Debt€3k-€3k▼ 1.8%€15k▲ 341%€5k▼ 66.6%€7k▲ 47.2%
Working capital€11k-€17k▲ 52.9%€24k▲ 40.4%€-2k€-2k▼ 8.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €31k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16k
Fixed assets
€11k ▼ 29.5%
Current assets
€5k ▲ 82.7%
Equity and liabilities €16k
Equity
€9k ▼ 35.8%
Debt
€7k ▲ 47.2%
Debt's share of the balance-sheet total rises from 27.5% to 46.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1k▲
2023 · €-26k
Cash flow
€-151▲
2023 · €-26k
Current ratio
0.72▲
2023 · 0.61
Debt to equity
0.87▲
2023 · 0.38
ROE
-55.7%▲
2023 · -231.2%
ROA
-29.8%▲
2023 · -167.7%
Interest coverage
0.90▲
2023 · -141.69
Debt ≤ 1 year
€7k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €519 | €843 | €4k | €5k | €5k | ▼ 6.5% |
| Gross operating margin9900 | €7k | €7k | €36k | €-26k | €1k | ▲ 105% |
| Operating profit (loss)9901 | €6k | €7k | €32k | €-31k | €-3k | ▲ 89.3% |
| Recurring financial income75 | €3 | - | - | - | - | - |
| Financial charges65/66B | - | €90 | €100 | €181 | €1k | ▲ 726% |
| Recurring financial charges65 | €56 | €90 | €100 | €181 | €1k | ▲ 726% |
| Profit (loss) for the period before taxes9903 | €6k | €7k | €32k | €-31k | €-5k | ▲ 84.5% |
| Income taxes67/77 | €1k | €1k | €5k | €0 | - | - |
| Profit (loss) for the period9904 | €5k | €5k | €26k | €-31k | €-5k | ▲ 84.5% |
| Profit (loss) for the period to be appropriated9905 | €5k | €5k | €26k | €-31k | €-5k | ▲ 84.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16k | €21k | €59k | €18k | €16k | ▼ 13.0% |
| Fixed assets21/28 | €2k | €1k | €21k | €16k | €11k | ▼ 29.5% |
| Intangible fixed assets21 | - | - | €20k | €16k | €11k | ▼ 29.5% |
| Tangible fixed assets22/27 | €2k | €1k | €324 | €0 | - | - |
| Plant, machinery and equipment23 | - | €1k | €324 | €0 | - | - |
| Current assets29/58 | €14k | €20k | €39k | €3k | €5k | ▲ 82.7% |
| Amounts receivable within one year40/41 | €4k | €213 | €15k | €549 | €4k | ▲ 635% |
| Trade receivables40 | - | - | €14k | €333 | €4k | ▲ 959% |
| Other amounts receivable41 | - | €213 | €1k | €216 | €508 | ▲ 135% |
| Cash at bank and in hand54/58 | €10k | €20k | €23k | €2k | €890 | ▼ 58.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16k | €21k | €59k | €18k | €16k | ▼ 13.0% |
| Equity10/15 | €13k | €18k | €44k | €13k | €9k | ▼ 35.8% |
| Contributions10/11 | - | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €5k | €10k | €36k | €5k | €559 | ▼ 89.5% |
| Amounts payable17/49 | €3k | €3k | €15k | €5k | €7k | ▲ 47.2% |
| Amounts payable within one year42/48 | €3k | €3k | €14k | €4k | €7k | ▲ 53.8% |
| Trade debts44 | €53 | €127 | €6k | €3k | €3k | ▼ 1.8% |
| Suppliers440/4 | - | €127 | €6k | €3k | €3k | ▼ 1.8% |
| Advances received on contracts in progress46 | - | - | - | €1k | €3k | ▲ 242% |
| Taxes, remuneration and social security45 | - | €1k | €7k | €0 | - | - |
| Taxes450/3 | - | €1k | €7k | €0 | - | - |
| Other amounts payable47/48 | - | €1k | €1k | €847 | €855 | ▲ 0.9% |
| Accrued charges and deferred income492/3 | - | €605 | €607 | €614 | €614 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €5k | €26k | €-31k | €-5k | ▲ 84.5% |
| + Depreciation and write-downs630 | €519 | €843 | €4k | €5k | €5k | ▼ 6.5% |
| Operating cash flow (approximation) | €5k | €6k | €30k | €-26k | €-151 | ▲ 99.4% |
| Investment in fixed assets (approximation) | - | €0 | €-23k | €0 | €0 | - |
| Change in cash | - | €9k | €3k | €-21k | €-1k | ▲ 94.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2026
10-06
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 04-06-2026
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2020net €26k ▲417%
Operating result €32k, net result €26k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lubbeek · 1 establishment unit since 2020
Ground area
2,819 m²
Building footprint
195 m²
Volume, LiDAR
992 m³
Parcel 24066C0392/00K000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dunberg(LUB) 47, 3210 Lubbeek
since 20202.301.454.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066C0392/00K000 | Flanders | 2,819 m² | 1 · 195 m² | 6.7 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ELLIE VERHAEGEN PARIJSSTRAAT 62, 3000 LEUVEN- |
04-06-2026 → present |
| Curator | ALEXANDER MEUWISSEN PARIJS-
STRAAT 62 BUS 0002, 3000 LEUVEN |
04-06-2026 → present |
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 4,217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
63920Other information service activities
73110Advertising agencies
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.