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T.R.D.

Active
Private limited companyfounded 1977active for 49 yearsBosstraat(Kor) 15, 8500 Kortrijk, BelgiumKBO/BCE: BE 0417.053.478
Summary

T.R.D. has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.1m and a net result of -€327,928. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 73% of 2,499 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
8th oldest company in Kortrijk, Professional and technical services sector1 site
Size
€23.7mtotal assets 2025
Equity
€16.1m
Loss
-€327,928
Turnover not published (abbreviated format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Holdings
3
Accounts 57 days early0 of 4 deeds read
Why 93raises riskLiquidity: current ratio 1.92, cash €416,916lowers riskSize: total assets €23.7mFigures for financial year 2025 (filed 09-06-2026)Founded in 1977Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 71, medium-sized)
Financial strength · tick = 2024
Average
Solvency 93-2
equity 67.9% of total assets
Liquidity 39=
short-term debt 30.4% · cash 1.8%
Profitability 17+3
return on assets -1.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (163 companies, NACE 71, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 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%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged 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 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,450,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.92, compared with 1.97 in 2024, above the usual 1.5; short-term debt: 30.4% and cash: 1.8% of total assets), and 32.1% of the assets are financed with debt and provisions.
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 71, medium-sized): better than 82% on solvency, 41% on liquidity, 15% on profitability and 32% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €23.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.92, cash €416,916
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 09-06-2026)
NBB · annual accounts
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€327,928
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
41 days early
2023
15 days early
2022
46 days early
2021
31 days early
2020
22 days early
2019
66 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% 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 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet -€835,892

Key points

  • Caution: Among the weakest 5% on net resultsector median €27,445 · 2,499 companies -€327,928 View
  • Positive: Result rose in 2025from -€835,892 to -€327,928 ▲ 60.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€327,928 View
  • Active since 1977founded 29-03-1977 49 years View

By topic

Financials

Financial year
2025
Total assets
€23.7m
Loss
-€327,928
Solvency
67.9%
Total assets▲ 0.8%
Net result
20182025
Go to Financials

Timeline

Events
50
Since
1979
Next accounts
by 31-07-2027
  1. 16-07-2024Annual accounts filed
  2. 15-06-2023Annual accounts filed
  3. 30-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
29-03-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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