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TREBLA

Active Private limited companyfounded 2005active for 21 yearsKortrijksesteenweg 1035, 9051 GhentKBO/BCE: BE 0877.186.242 subsidiary of Capital 1

Lifetime

19 annual accounts with figures on one time axis
peak €332,825 (2009)
-€4,671▼ €3,401
lowest -€56,296 (2010)
€32,418▲ 503%
peak €312,223 (2026)
€312,223▲ 11.6%
€258▼ 61.4%
Board1 name since 2005
1 directorCapital 1
Owners2 names in the annual accounts
  
Documentsfilings and deeds
28-10-20263 days before the deadline
2026micro format
Gross margin from -€1,271 to -€4,671Result from €5,376 to €32,418Debts from €667 to €258Cash from €13,993 to €46,488

Key points

from the 2026 annual accounts

Equity

€312,223 ▲ 11.6%

TREBLA has made a profit without a break since 2016.

Filings

19 annual accounts since 2007
deadline2010201520202025

The last five annual accounts were filed 3 to 26 days before the end of the period.

Position in the sector

99.9%

Higher solvency than 95% of companies in real estate. Sector median 37.7% · 478 companies.

Turnover not published (micro format)

Checked score

96
Excellent
Financially stronger than 72% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 99.9% of total assets
69+13short-term debt 0.1% · cash 14.9%
63+21return on assets 10.4%

Score breakdown

raises risk
Size: total assets €312,480
lowers risk
Equity €312,223 (99.9% of total assets)
Liquidity: current ratio 638.04, cash €46,488
Founded in 2005
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 68, micro). It does better than 91% of them on solvency, 79% on liquidity, 50% on profitability and 68% 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 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as TREBLA has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TREBLA itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for TREBLA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Short-term debt is 0.1% and cash 14.9% of total assets. 0.1% 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
lowers risk · Equity €312,223 (99.9% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 638.04, cash €46,488
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €312,480
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
3 days early
2025
9 days early
2024
8 days early
2023
26 days early
2022
3 days early
2021
10 days early
2020
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 23 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

C
Director, Albert De Meester, since 21-11-2005

Shares in 2 companies, WEDEV and LOGIVEST

Board & ownership

Recent changes

Company renamed from P.A.K.-V. to TREBLA Change of role: CAPITAL 1, from manager to director · Permanent representative: Albert De Meester · Director discharge: CAPITAL 1 · General meeting of 22-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0877186242
First establishment P.A.K.-V., Kortrijksesteenweg 1035, Ghent
Incorporation published on 21-11-2005 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
TREBLA Ghent €312,480 -€4,671 99.9% -
OMEGA BOUWPROJECTEN MAATSCHAPPIJ Ghent €307,379 -€3,676 99.6% -
CRATOS Aalter €334,746 -€16,896 96.2% -
Panorama View Temse €273,353 -€38,580 -421.8% 0
ABA PROJECT ONTWIKKELING Temse €303,273 -€10,663 -43.2% -
SMART LIVING PROJECTS Lokeren €382,851 -€4,468 15.9% -
JUPA Ghent €232,285 -€1,814 91.8% -

These companies have the same main activity as TREBLA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €232,000 and €383,000, founded between 2005 and 2007.

Official details

Source: KBO
Status
Active since 03-11-2005Normal situation
Activity
Development of residential building projectsNACE 68121and 3 others
Establishment unit
2.149.958.4789051 Ghent, since 16-11-2005
Financial year end
31 March
Peppol
Reachable since 20-11-2020
Company details

Annual accounts to 31-03-2026

€312,480▲ 11.4%
Filing
Filed on 28-10-2026, 3 days before the end of the filing period
Financials

Insights on TREBLA

TREBLA files the micro format. That format states no turnover. The gross margin rose from -€6,110 in 2007 to -€4,671 in 2026.

Capital 1 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 TREBLA

What is the company number of TREBLA?
The company number of TREBLA is 0877.186.242. The VAT number is the same number with BE in front: BE 0877.186.242.
Where is TREBLA based?
The registered office is at Kortrijksesteenweg 1035, 9051 Ghent.Company details
What does TREBLA do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of TREBLA?
TREBLA is a private limited company (BV).
When was TREBLA founded?
TREBLA was founded on 03-11-2005.
Is TREBLA still active?
Yes, TREBLA is an active enterprise in the KBO register.
What is the turnover of TREBLA?
The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
Is TREBLA profitable?
In financial year 2026, TREBLA made a profit of €32,418.
Where can I find the annual accounts of TREBLA?
TREBLA filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of TREBLA due?
TREBLA must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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