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Den Trap Offices

Active
Private limited companyfounded 2024active for 2 yearsOttergemsesteenweg-Zuid 713, 9000 Gent, BelgiumKBO/BCE: BE 1008.960.544
Summary

Den Trap Offices has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€26,058) and a net result of -€26,433. Its solvency ranks better than 17% of 16,885 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Development of non-residential building projects
NACE 68122
1 site
Size
€690,544total assets 2025
Equity
-€26,058
Loss
-€26,433
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
Triginta Land · 100%
  • NDCMSDirector · permanent representative Nicolas De Clercq
  • RECOVADirector · permanent representative Geert Wellens
Accounts 66 days early2 of 4 deeds read
Why 53raises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€26,058lowers riskSize: total assets €690,544Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 68, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 21
equity -3.8% of total assets
Liquidity 1
short-term debt 95.4% · cash 1.0%
Profitability 28
return on assets -3.8%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,557 companies, NACE 68, micro)
Last 24 months 05-2025: 1.1% 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.3%▲ +0.1 percentage points vs 08-2025 10-2025: 1.4%▲ +0.1 percentage points vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.5%▲ +0.1 percentage points vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 1.6%● unchanged vs 04-2026highest value 06-2026: 0.9%▼ -0.7 percentage points vs 05-2026lowest value 07-2026: 0.9%● unchanged vs 06-2026lowest value 08-2026: 0.9%● unchanged vs 07-2026lowest value 09-2026: 0.9%● unchanged vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity tight (current ratio 1.05; short-term debt: 95.4% and cash: 1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 16% on solvency, 5% on liquidity and 25% on profitability.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €690,544
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity -€26,058
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 26-05-2026, 66 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
66 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. MiscellaneousPower of attorney
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Resignations: Volforto BV, LOBOSAN BV and…Appointments: RECOVA BV (director) and…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€26,058 View
  • Caution: Board changedlatest change 09-04-2026 · 2 in office 2 joined · 4 left View
  • Caution: Among the weakest 14% on equitysector median €73,664 · 16,901 companies -€26,058 View
  • Controlled by Triginta Landultimately: Triginta 100% View

By topic

Financials

Financial year
2025
Total assets
€690,544
Loss
-€26,433
Solvency
-3.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Development of non-residential building projectsNACE 68122
Founded
30-04-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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