Losses
-€15.7m in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Trustteam Group
Lifetime
4 annual accounts with figures on one time axispeak €5.7m (2025)
€5.7m▲ 25.2%
lowest -€4.7m (2022)
-€2.5m▲ €1.3m
peak €131.9m (2023)
€125.5m▼ 2.0%
€139.1m▲ 19.8%
Board7 names since 2022
2 directorsVANDEPUTTE Stijn and 1 other
Owners
100%Green Hill I
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Turnover from €4.6m to €5.7mLoss of €2.5m1 director appointed, 1 resignation 22-12Company renamed from Green Hill I to Trustteam Group 19-11Reappointment: GRANT THORNTON BEDRIJFSREVISOREN bv (statutory… 24-10Registered office moved from Brussels to Kortrijk 10-07
Key points
from the 2025 annual accountsInvestments
€280,900 33.3 × depreciation
Green is investment, beige is depreciation.
Payment terms
136 days to suppliers
Trustteam Group pays its suppliers 76 days later than in 2024. Customers pay 84 days later.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 18 to 32 days before the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 22-12-2025 · 2 in office.
Position in the sector
-€2.5m
Lower net result than 95% of companies in head offices and management consultancy. Sector median €53,814 · 3,872 companies.
Checked score
81
Excellent
Financially stronger than 46% of large companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 204 companies (NACE 70, large).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.3 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.4%▼ -0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.5%● unchanged vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 18.59, cash €101,044, halved
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: turnover €5.7m, total assets €264.7m
Calculation
The band follows from the bankruptcy probability. 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 70, large). It does better than 33% of them on solvency, 46% on liquidity, 61% on profitability and 45% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 18.59, above the usual 1.5. Short-term debt is 1.6% and cash 0% of total assets. However, 52.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
18 days early
2024
28 days early
2023
22 days early
2022
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 25 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Green Hill I 100%equity €137.5m (2025) · 2025 annual accounts of Green Hill I
Shares in 5 companies, including DASHAN and REDSYSTEM
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0787918132
Company renamed from Green Hill I to Trustteam Group
General meeting of 15-11-2025 · Gazette deed
Reappointment: GRANT THORNTON BEDRIJFSREVISOREN bv (statutory auditor)
Permanent representative: Stefaan DE CONINCK · General meeting of 10-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Trustteam Group Kortrijk | €5.7m | 46.3% | 47.4% | - |
| Vision HC Wevelgem | €6.8m | 2.9% | 90.2% | - |
| World of Talents Kortrijk | €2.0m | 5.2% | 69.7% | - |
| QbD Growth Antwerp | €12.0m | 13.6% | 70.8% | 27.1 |
| Magic Bidco Brussels | €2.9m | 20.3% | 79.2% | - |
| XLG&CO Namur | €7.7m | 0.6% | 82.7% | - |
| Apollo Topco Ghent | €1.5m | -6.9% | 99.8% | - |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Trustteam Group: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €102m and €335m, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 01-07-2022Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.333.278.3821000 Brussels, since 01-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- €264.7m▲ 8.4%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Companies linked to Trustteam Group
Subsidiaries and holdings
- T.T. HOLDINGS100%
Insights on Trustteam Group
Solvency fell in 2025 from 52.4% to 47.4% because of the loss and higher long-term debts.
Green Hill I holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Trustteam Group
- What is the company number of Trustteam Group?
- The company number of Trustteam Group is 0787.918.132. The VAT number is the same number with BE in front: BE 0787.918.132.
- Where is Trustteam Group based?
- The registered office is at Evolis 78, 8500 Kortrijk.Company details
- What does Trustteam Group do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Trustteam Group?
- Trustteam Group is a private limited company (BV).
- When was Trustteam Group founded?
- Trustteam Group was founded on 01-07-2022.
- Is Trustteam Group still active?
- Yes, Trustteam Group is an active enterprise in the KBO register.
- What is the turnover of Trustteam Group?
- The turnover of Trustteam Group was €5.7m in financial year 2025, according to the filed annual accounts.Financials
- Is Trustteam Group profitable?
- In financial year 2025, Trustteam Group made a loss of €2.5m.
- Where can I find the annual accounts of Trustteam Group?
- Trustteam Group filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Trustteam Group due?
- Trustteam Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.Green Hill I · 13 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.