Den Troon
ActiveSummary
Den Troon has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €2k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 18% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-2
Solvency44=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 8.29 against 15.3 in 2024; short-term debt: 12% and cash: 2.7% of total assets), but 81.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7445 sector peers (2024).
NBB · sector comparisonPosition among 7445 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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 · 10 filingsDeviation from the deadline
2025
54 d late
2024
61 d late
2023
66 d late
2022
56 d late
2021
61 d late
2020
88 d late
2019
74 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€295k▲ 0.7%
2024 · €293k
2018: €217k
2019: €300k
2020: €350k
2021: €365k
2022: €272k
2023: €282k
2024: €293k
2018 → 2025
Total assets
€1.58M▼ 0.3%
2024 · €1.58M
2018: €2.14M
2019: €2.39M
2020: €2.22M
2021: €1.94M
2022: €1.47M
2023: €2.00M
2024: €1.58M
2018 → 2025
Net result
€2k▼ 80.7%
2024 · €11k
2018: €67k
2019: €82k
2020: €50k
2021: €15k
2022: €-92k
2023: €10k
2024: €11k
2018 → 2025
Working capital
€1.38M▼ 6.0%
2024 · €1.46M
2018: €1.85M
2019: €743k
2020: €406k
2021: €311k
2022: €754k
2023: €1.33M
2024: €1.46M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€365k-€272k▼ 25.3%€282k▲ 3.6%€293k▲ 3.8%€295k▲ 0.7%
Operating result€126k-€-62k€65k€83k▲ 27.2%€57k▼ 31.4%
Net result€15k-€-92k€10k€11k▲ 7.0%€2k▼ 80.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€10k ▼ 22.8%
Current assets
€1.57M ▼ 0.1%
Equity and liabilities €1.58M
Equity
€295k ▲ 0.7%
Debt
€1.28M ▼ 0.5%
Debt's share of the balance-sheet total falls from 81.5% to 81.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▼
2024 · €84k
Cash flow
€4k▼
2024 · €12k
Current ratio
8.29▼
2024 · 15.30
Quick ratio
1.62▼
2024 · 3.93
Debt to equity
4.34▼
2024 · 4.39
ROE
0.7%▼
2024 · 3.6%
ROA
0.1%▼
2024 · 0.7%
Interest coverage
1.01▼
2024 · 1.16
Debt ≤ 1 year
€189k▲
2024 · €102k
Debt > 1 year
€1.09M▼
2024 · €1.18M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.58M€1.58M▼
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€744-
Financial fixed assets28€5k€4k▼
Current assets29/58€1.57M€1.57M▼
Amounts receivable after more than one year29€19k-
Other amounts receivable291€19k-
Stocks and contracts in progress3€1.16M€1.26M▲
Stocks30/36€1.16M€1.26M▲
Amounts receivable within one year40/41€86k€102k▲
Trade receivables40€24k€46k▲
Other amounts receivable41€62k€56k▼
Cash at bank and in hand54/58€76k€42k▼
Deferred charges and accrued income490/1€221k€162k▼
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.58M▼
Equity10/15€293k€295k▲
Contributions10/11€19k€19k=
Reserves13€95k€95k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€179k€181k▲
Amounts payable17/49€1.29M€1.28M▼
Amounts payable after more than one year17€1.18M€1.09M▼
Financial debts170/4€1.18M€1.09M▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€102k€189k▲
Current portion of amounts payable after more than one year42-€39k
Trade debts44€29k€121k▲
Suppliers440/4€29k€121k▲
Taxes, remuneration and social security45€2k€27k▲
Taxes450/3€2k€27k▲
Other amounts payable47/48€71k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€67k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€15k€4k▼
Gross operating margin9900€99k€62k▼
Operating profit (loss)9901€83k€57k▼
Financial income75/76B€734€3k▲
Recurring financial income75€734€3k▲
Financial charges65/66B€73k€58k▼
Recurring financial charges65€73k€58k▼
Profit (loss) for the period before taxes9903€11k€2k▼
Income taxes67/77€33-
Profit (loss) for the period9904€11k€2k▼
Profit (loss) for the period to be appropriated9905€11k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€179k€181k▲
Profit (loss) brought forward from the previous period14P€168k€179k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 54 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 15.30
Current ratio from 5.06 to 15.30; short-term debt falls from €328k to €102k.
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 66 days late
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 56 days late
2022
31-12
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 74 days late
2019
31-12
Financial
Highest result since 2018net €82k ▲23.6%
Net result €82k, the highest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Antwerpen · 1 establishment unit since 2012
Ground area
74 m²
Building footprint
72 m²
Volume, LiDAR
683 m³
Parcel 11803C0373/00L002, Flanders · tallest building 16.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
U-PropertieS
since 20122.209.485.301
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0373/00L002 | Flanders | 74 m² | 1 · 72 m² | 16.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CLEANIT
BE 0472.162.445
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DW TUINBETON
BE 0741.553.320
Lochristi · Eq €292,323
JMT TECHNICS
BE 0436.670.640
Sint-Jans-Molenbeek · Eq €292,248
INTERIEUR - DECORATIE LAURIKS
BE 0428.116.923
Boom · Eq €293,454
TEGOS AANNEMINGEN
BE 0470.131.482
Beveren-Kruibeke-Zwijndrecht · Eq €294,022
Of 7,289 companies in sector 43350 we hold annual accounts for 2,360. 1,608 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2012
Fiscal year end31-12
Trade name NL
U-Properties
Activities, NACEBEL 2025
43350Other building finishing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.