TR-D
ActiveSummary
TR-D has been active since 1966 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€32,141. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 65% of 9,787 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €1.4m
- Loss
- -€32,141
- VERCRUYSSE Jasmien Alice RobertDirector
- DEJONCKHEERE Rik Jozef HectorDirector
Why 88raises riskLiquidity: current ratio 2.33, cash €30,974, halvedLoss of €32,141 (financial year 2025)lowers riskSize: total assets €2.4mFounded in 1966Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, small): better than 67% on solvency, 47% on liquidity, 24% on profitability and 26% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€32,141
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 92% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €14,311 | €29,636 | €49,219 | -€556 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,674 | €81,880 | €56,325 | €76,951 | €85,218 | €96,076 | €101,200 | ▲ 5.3% |
| Other operating charges640/8 | - | - | - | €10,375 | €15,073 | €18,404 | €20,934 | ▲ 13.8% |
| Non-recurring operating charges66A | - | - | - | €0 | €5,400 | €0 | - | - |
| Gross operating margin9900 | €177,963 | €163,067 | €256,797 | €338,892 | €325,770 | €362,130 | €137,480 | ▼ 62.0% |
| Operating profit (loss)9901 | €132,356 | €64,444 | €174,911 | €237,255 | €190,442 | €198,432 | €15,902 | ▼ 92.0% |
| Financial income75/76B | - | - | - | €99 | €226 | €8 | €7 | ▼ 20.8% |
| Recurring financial income75 | - | - | €22 | €99 | €226 | €8 | €7 | ▼ 20.8% |
| Financial charges65/66B | - | - | - | €19,179 | €25,744 | €43,002 | €46,393 | ▲ 7.9% |
| Recurring financial charges65 | €8,959 | €13,917 | €15,996 | €19,179 | €25,744 | €43,002 | €46,393 | ▲ 7.9% |
| Profit (loss) for the period before taxes9903 | €123,398 | €50,527 | €158,936 | €218,175 | €164,925 | €155,438 | -€30,485 | - |
| Transfer from deferred taxes780 | - | - | - | €1,980 | €0 | - | - | - |
| Income taxes67/77 | €38,761 | €27,804 | €15,852 | €55,491 | €50,533 | €47,390 | €1,656 | ▼ 96.5% |
| Profit (loss) for the period9904 | €86,616 | €24,703 | €145,064 | €164,664 | €114,392 | €108,049 | -€32,141 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €4,020 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €90,636 | €28,723 | €149,084 | €168,684 | €114,392 | €108,049 | -€32,141 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.6m | €2.2m | €2.3m | €2.6m | €2.6m | €2.6m | €2.4m | ▼ 7.5% |
| Fixed assets21/28 | €0.5m | €0.8m | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 9.7% |
| Tangible fixed assets22/27 | €0.5m | €0.8m | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 9.7% |
| Land and buildings22 | - | - | - | €1.0m | €0.9m | €0.9m | €0.8m | ▼ 6.5% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.01m | €0.02m | €0.01m | ▼ 36.4% |
| Furniture and vehicles24 | - | - | - | €0.07m | €0.1m | €0.1m | €0.1m | ▼ 28.4% |
| Financial fixed assets28 | €0.001m | €0.001m | €0 | - | - | - | - | - |
| Current assets29/58 | €1.1m | €1.4m | €1.3m | €1.5m | €1.6m | €1.6m | €1.5m | ▼ 6.1% |
| Stocks and contracts in progress3 | €1.0m | €1.1m | €1.1m | €1.3m | €1.3m | €1.4m | €1.4m | ▲ 1.1% |
| Stocks30/36 | - | - | - | €1.3m | €1.3m | €1.4m | €1.4m | ▲ 1.1% |
| Amounts receivable within one year40/41 | €0.03m | €0.1m | €0.1m | €0.2m | €0.1m | €0.03m | €0.02m | ▼ 24.7% |
| Trade receivables40 | - | - | - | €0.1m | €0.07m | €325 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.07m | €0.03m | €0.02m | ▼ 23.9% |
| Cash at bank and in hand54/58 | €0.08m | €0.09m | €0.1m | €0.08m | €0.2m | €0.1m | €0.03m | ▼ 77.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.003m | €0.003m | €0.005m | ▲ 42.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.6m | €2.2m | €2.3m | €2.6m | €2.6m | €2.6m | €2.4m | ▼ 7.5% |
| Equity10/15 | €0.9m | €0.9m | €1.0m | €1.2m | €1.3m | €1.4m | €1.4m | ▼ 2.2% |
| Contributions10/11 | €0.2m | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.05m | €0.04m | €0.07m | €0.1m | €0.2m | €1.3m | €1.2m | ▼ 2.5% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | €0.03m | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Distributable reserves133 | - | - | - | €0.08m | €0.2m | €1.3m | €1.2m | ▼ 2.5% |
| Profit (loss) carried forward14 | €0.7m | €0.7m | €0.8m | €0.9m | €1.0m | €0 | - | - |
| Provisions and deferred taxes16 | €0.006m | €0.004m | €0.002m | €0 | - | - | - | - |
| Deferred taxes168 | - | - | - | €0 | - | - | - | - |
| Amounts payable17/49 | €0.7m | €1.3m | €1.3m | €1.3m | €1.3m | €1.2m | €1.0m | ▼ 14.0% |
| Amounts payable after more than one year17 | €0.2m | €0.5m | €0.6m | €0.6m | €0.5m | €0.4m | €0.4m | ▼ 11.2% |
| Financial debts170/4 | - | - | - | €0.6m | €0.5m | €0.4m | €0.4m | ▼ 11.2% |
| Amounts payable within one year42/48 | €0.5m | €0.8m | €0.7m | €0.8m | €0.8m | €0.7m | €0.6m | ▼ 15.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.09m | €0.08m | €0.05m | ▼ 42.8% |
| Financial debts43 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 5.8% |
| Credit institutions430/8 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 5.8% |
| Trade debts44 | €0.09m | €0.2m | €0.03m | €0.05m | €0.04m | €0.05m | €0.05m | ▲ 2.9% |
| Suppliers440/4 | - | - | - | €0.05m | €0.04m | €0.05m | €0.05m | ▲ 2.9% |
| Advances received on contracts in progress46 | - | - | - | €0.1m | €0.1m | €0.06m | €0.05m | ▼ 8.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.02m | €0.04m | €0.005m | ▼ 88.1% |
| Taxes450/3 | - | - | - | €0.03m | €0.02m | €0.03m | €0.003m | ▼ 89.9% |
| Remuneration and social security454/9 | - | - | - | €0.003m | €0.007m | €0.02m | €0.003m | ▼ 85.1% |
| Other amounts payable47/48 | - | - | - | €0.06m | €0.1m | €0.1m | €0.1m | ▼ 14.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.005m | €0.009m | €0.009m | ▼ 4.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86,616 | €24,703 | €145,064 | €164,664 | €114,392 | €108,049 | -€32,141 | - |
| + Depreciation and write-downs630 | €41,674 | €81,880 | €56,325 | €76,951 | €85,218 | €96,076 | €101,200 | ▲ 5.3% |
| Operating cash flow (approximation) | €128,290 | €106,583 | €201,389 | €241,616 | €199,610 | €204,124 | €69,059 | ▼ 66.2% |
| Investment in fixed assets (approximation) | - | -€407,352 | -€250,955 | -€115,149 | -€97,518 | -€93,571 | €0 | - |
| Change in cash | - | €6,842 | €55,350 | -€61,670 | €101,154 | -€50,416 | -€103,995 | ▼ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 02-01-2026 | 2026-00593553 |
| 30-06-2024 | abbreviated format | 13-01-2025 | 2025-00003510 |
| 30-06-2023 | abbreviated format | 25-01-2024 | 2024-00006265 |
| 30-06-2022 | full format | 25-01-2023 | 2023-00003155 |
| 30-06-2021 | full format | 10-01-2022 | 2022-00600078 |
| 30-06-2020 | full format | 21-01-2021 | 2021-01300292 |
| 30-06-2019 | full format | 13-01-2020 | 2020-00900104 |
| 30-06-2018 | abbreviated format | 29-01-2019 | 2019-02900509 |
| 30-06-2017 | abbreviated format | 11-01-2018 | 2018-01000487 |
| 30-06-2016 | abbreviated format | 30-01-2017 | 2017-03000054 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEJONCKHEERE Rik Jozef Hector |
|
| VERCRUYSSE Jasmien Alice Robert |
|
Owners and capital
Capital and shareholders
- 25-01-2024 Capital stated in the deed · 225 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-01
Gazette deed
Resignation: DEJONCKHEERE Rik Jozef Hector (statutory director)Reappointment: DEJONCKHEERE Rik Jozef Hector (statutory director) · Appointment: VERCRUYSSE Jasmien Alice Robert (administrateur de remplacement) · Amendment of the articles13 facts ▸
- General meeting, “assemblée générale extraordinaire des actionnaires” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “article 39,§2,deuxième alinéa de la loi du 23-03-2019”, 01-01-2020 (deed in Dutch)
- Reserve release, “annuler (débloquer), rendre ces fonds disponibles pour la distribution” (deed in Dutch)
- Capital
- Other provision, “disponible, compte de capitaux propres” (deed in Dutch)
- Board composition, DEJONCKHEERE Rik Jozef Hector (statutory director)
- Board composition, VERCRUYSSE Jasmien Alice Robert (administrateur de remplacement)
- Director resignation, DEJONCKHEERE Rik Jozef Hector (statutory director)
- Director reappointment, DEJONCKHEERE Rik Jozef Hector (statutory director)
- Director appointment, VERCRUYSSE Jasmien Alice Robert (administrateur de remplacement)
- Registered-office move, 7321 Bernissart (Blaton), Rue de l'Industrie 4
- +1 further fact in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 51472A0513/00B000 | Wallonia | 2.7 ha | 1 · 1,315 m² | 7.8 m · 2 |
| 51472A0493/00D000 | Wallonia | 3,524 m² | 1 · 298 m² | 4.8 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'exploitation de toutes les entreprises de transport,le transport de tous les biens,objet et personnes de quelque façon,sur la route,par…” (deed in Dutch)
19 activities (deed in Dutch)
- L'exploitation de toutes les entreprises de transport,le transport de tous les biens,objet et personnes de quelque façon,sur la route,par chemin de fer,au-dessus de l'eau ou dans l'air,à la fois national et international,location et vente de véhicules ou des parties,ainsi que tous les travaux de carrosserie et de garage pour tout transport,et tout cela pour leur propre compte ainsi que pour des tiers.
- De plus,elle peut réaliser tous les discours en tant qu'intermédiaire,agent immobilier ou courtier,à la fois en Belgique et à l'étranger,lié à l'expédition,la gestion et l'exploitation des moyens de transport,affrètements,assurances,traitement et stockage de marchandises,toutes les opérations douanières.
- Commerce de gros et de détail à la fois l'importation et l'exportation,la construction,la location et l'entretien de toutes sortes de machines et de pièces de machines.
- Médiation commerciale dans les voitures neuves et d'occasion pour le transport de passagers,y compris,ceux à des fins spéciales (par exemple ambulances);
- Commerce de détail de voitures et de fourgonnettes;
- Médiation commerciale dans les bus neufs et usagés,entraîneurs,minibus,camping-cars,…
- Commerce de détail d'autres véhicules automobiles;
- Commerce de remorques et de semi-remorques neuves et d'occasion;
- Entretien général et réparation de voitures et de fourgonnettes légères;
- Réparation de voitures : réparation des parties mécaniques et de l'installation électrique;
- Révision des moteurs de voiture;
- Réparation de carrosserie;
- Installation de pièces et d'accessoires,y compris,le travail de conversion et d'expansion;
- Pièces et accessoires en gros de voitures,y compris,la vente en gros de pièces d'occasion;
- Vente au détail de pièces et d'accessoires de voitures,y compris,la vente au détail de pièces d'occasion;
- Exploiter un centre de pneus;
- Commerce de gros et de détail de camions et d'accessoires et semi-remorques;
- Octroi de prêts à des tiers,ainsi que la fourniture de garanties à des tiers;
- La construction,le développement judicieux,et gérer un bien immobilier,et d'une capacité mobile.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TR-D
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Représentation extérieure : Chaque administrateur individuellement, même s'il y en a plusieurs, représente la société vis-à-vis des tiers et…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Confiée à un ou plusieurs administrateurs,personnes physiques ou morales,actionnaires ou non, soumises aux mêmes règles de publicité que…” (deed in Dutch)“Ad nutum, administrateurs non-statutaires” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of December at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Actif restant en nature distribué de même manière, proportion et sans distinction entre dettes échues et non échues après déduction escompte…” (deed in Dutch)