TR Infra
ActiveThe computed 12-month bankruptcy probability of TR Infra is 1.8% (moderate). The 2024 annual accounts show equity of €126k and a net result of €95k. Its solvency ranks better than 50% of 1329 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency71▼-17
Growth78
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 2.45 in 2023; short-term debt: 54.1% and cash: 3.3% of total assets), but 54.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€126k▲ 311%
2023 · €31k
2023: €31k
2023 → 2024
Total assets
€273k▲ 461%
2023 · €49k
2023: €49k
2023 → 2024
Net result
€95k▲ 272%
2023 · €26k
2023: €26k
2023 → 2024
Working capital
€119k▲ 351%
2023 · €26k
2023: €26k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€31k-€126k▲ 311%
Operating result€35k-€110k▲ 214%
Net result€26k-€95k▲ 272%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 214% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273k
Fixed assets
€6k▲ 50.7%
Current assets
€267k▲ 498%
Equity and liabilities €273k
Equity
€126k▲ 311%
Debt
€148k▲ 711%
The debt ratio rises from 37.4% to 54.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€112k▲
2023 · €37k
Cash flow
€97k▲
2023 · €28k
Solvency
45.9%▼
2023 · 62.6%
Current ratio
1.81▼
2023 · 2.45
Quick ratio
1.75▼
2023 · 1.98
Debt / equity
1.18▲
2023 · 0.60
ROE
75.7%▼
2023 · 83.6%
ROA
34.8%▼
2023 · 52.4%
Interest coverage
363.98▲
2023 · 175.20
Debt
€148k▲
2023 · €18k
Debt ≤ 1 year
€148k▲
2023 · €18k
Income taxes
€15k▲
2023 · €10k
Staff costs
€146k▲
2023 · €131k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€49k€273k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24-€1k
Current assets29/58€45k€267k▲
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€25k€250k▲
Trade receivables40€5k€223k▲
Other amounts receivable41€20k€26k▲
Cash at bank and in hand54/58€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€49k€273k▲
Equity10/15€31k€126k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€26k€121k▲
Amounts payable17/49€18k€148k▲
Amounts payable within one year42/48€18k€148k▲
Trade debts44€4k€124k▲
Suppliers440/4€4k€124k▲
Taxes, remuneration and social security45€14k€24k▲
Taxes450/3€12k€22k▲
Remuneration and social security454/9€3k€1k▼
Other amounts payable47/48-€100
Income statement
Code20232024
Remuneration, social security and pensions62€131k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€965€4k▲
Gross operating margin9900€170k€261k▲
Operating profit (loss)9901€35k€110k▲
Financial income75/76B€794-
Recurring financial income75€794-
Financial charges65/66B€212€308▲
Recurring financial charges65€212€308▲
Profit (loss) for the period before taxes9903€36k€110k▲
Income taxes67/77€10k€15k▲
Profit (loss) for the period9904€26k€95k▲
Profit (loss) for the period to be appropriated9905€26k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€121k▲
Profit (loss) brought forward from the previous period14P-€26k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Equity above €100kEq €126k ▲311%
2 profitable years in a row build equity to €126k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Berlare · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pastoor Pennestraat(O) 809290 BerlareGround area
575 m²
Building footprint
162 m²
Volume, LiDAR
1 m³
Parcel 42017C0714/00G000, Flanders · tallest building 0.9 m. Linked by address, not a title deed.
1 establishment unit
TR Infra
since 20222.333.423.288
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017C0714/00G000 | Flanders | 575 m² | 1 · 162 m² | 0.8 m |
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
DIVAGO
BE 0630.972.330
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JohanVW Consultancy
BE 1003.156.578
Eeklo · Eq €118k
Fibertree
BE 0688.528.467
Aalst · Eq €136k
MY INFRA
BE 0798.170.240
Beringen · Eq €113k
AKWELD
BE 1004.650.477
Lokeren · Eq €112k
Of 337 companies in sector 42219 we hold annual accounts for 149. 112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2022
Fiscal year end31-12
Activities, NACEBEL
42219Civil engineering
43120Site preparation
42220Construction of utility projects for electricity and telecommunications
43130Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.