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Tr-Project

Active
Private limited companyfounded 200521 yrs activeBorgloonstraat 59, 3450 Geetbets, BelgiumKBO/BCE: BE 0874.610.792
Summary

The computed 12-month bankruptcy probability of Tr-Project is 3.5% (moderate). The 2024 annual accounts show negative equity (-€14,242) and a net result of -€1,840. Equity is growing by ~4.2% per year across the filed fiscal years. The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Axes, FY 2024 · tick = 2023
Profitability-
Solvency-
Growth52=
Track record100
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
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 21-06-2026, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
40 d early
2024
3 d early
2023
33 d early
2022
7 d early
2021
26 d early
2020
33 d early
2019
49 d 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 27 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 15 June 2005, Tr-Project was incorporated.1 Total assets went from EUR 1,591 in 2019 to EUR 1,666 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2024, micro schema

Equity
-€14,242▲ 42.6%
2023 · -€24,802
Total assets
€1,666▼ 78.4%
2022 · €7,707
Net result
-€1,840▼ 24.4%
2023 · -€1,479
Working capital
-€25,361▼ 1.7%
2022 · -€24,927
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€795€1,392▲ 75.1%€733▼ 47.4%-€1,491-€1,810▼ 21.4%
Net result€795within the sector's middle half€1,357within the sector's middle half▲ 70.8%€685below the sector's middle half▼ 49.6%-€1,479below the sector's middle half-€1,840below the sector's middle half▼ 24.4%
Equity-€25,364below the sector's middle half▲ 3.0%-€24,007below the sector's middle half▲ 5.4%-€23,322below the sector's middle half▲ 2.9%-€24,802below the sector's middle half▼ 6.3%-€14,242below the sector's middle half▲ 42.6%
Total assets€3,867below the sector's middle half▲ 143%€3,183below the sector's middle half▼ 17.7%€7,707below the sector's middle half▲ 142%€1,666below the sector's middle half▼ 78.4%
Debt€29,231▲ 5.3%€27,190▼ 7.0%€31,030▲ 14.1%€26,467▼ 14.7%€14,242▼ 46.2%
Working capital-€26,666below the sector's middle half▲ 0.1%-€25,577below the sector's middle half▲ 4.1%-€24,927below the sector's middle half▲ 2.5%-€25,361below the sector's middle half▼ 1.7%
Solvency-302.6%below the sector's middle half
Current ratio0.20below the sector's middle half
Return on assets (ROA)8.9%within the sector's middle half
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,000€0€1,000Operating result 2020: €795€795Net result 2020: €795€795Operating result 2021: €1,392€1,392Net result 2021: €1,357€1,357Operating result 2022: €733€733Net result 2022: €685€685Operating result 2023: -€1,491-€1,491Net result 2023: -€1,479-€1,479Operating result 2024: -€1,810-€1,810Net result 2024: -€1,840-€1,84020202021202220232024-€2,000-€1,000€0€1,000Operating result 2022: €733€733Net result 2022: €685€685Operating result 2023: -€1,491-€1,490Net result 2023: -€1,479-€1,480Operating result 2024: -€1,810-€1,810Net result 2024: -€1,840-€1,840202220232024
The operating result stays negative: a loss of €1,810 in 2024 against €1,491 in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
2024 value · change against 2023
Debt to equity
-1.00
Debt ≤ 1 year
€14,242▼
2023 · €26,467
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€1,666-
Fixed assets21/28€559-
Tangible fixed assets22/27€559-
Furniture and vehicles24€559-
Current assets29/58€1,106-
Amounts receivable within one year40/41€481-
Other amounts receivable41€481-
Cash at bank and in hand54/58€625-
Equity and liabilities
Total equity and liabilities10/49€1,666€0▼
Equity10/15-€24,802-€14,242▲
Contributions10/11€6,200€18,600▲
Reserves13€300€300=
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Profit (loss) carried forward14-€31,302-€33,142▼
Amounts payable17/49€26,467€14,242▼
Amounts payable within one year42/48€26,467€14,242▼
Trade debts44€3,000-
Suppliers440/4€3,000-
Taxes, remuneration and social security45€31-
Taxes450/3€31-
Other amounts payable47/48€23,437€14,242▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,046-
Gross operating margin9900-€445-€1,810▼
Operating profit (loss)9901-€1,491-€1,810▼
Financial income75/76B€55-
Recurring financial income75€55-
Financial charges65/66B€44€30▼
Recurring financial charges65€44€30▼
Profit (loss) for the period before taxes9903-€1,479-€1,840▼
Profit (loss) for the period9904-€1,479-€1,840▼
Profit (loss) for the period to be appropriated9905-€1,479-€1,840▼
Appropriation of the result
Profit (loss) to be appropriated9906-€31,302-€33,142▼
Profit (loss) brought forward from the previous period14P-€29,822-€31,302▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€705€1,191€1,643€1,046--
Gross operating margin9900€1,499€2,583€2,376-€445-€1,810▼ 307%
Operating profit (loss)9901€795€1,392€733-€1,491-€1,810▼ 21.4%
Financial income75/76B---€55--
Recurring financial income75€0--€55--
Financial charges65/66B--€48€44€30▼ 31.2%
Recurring financial charges65€0€35€48€44€30▼ 31.2%
Profit (loss) for the period before taxes9903€795€1,357€685-€1,479-€1,840▼ 24.4%
Profit (loss) for the period9904€795€1,357€685-€1,479-€1,840▼ 24.4%
Profit (loss) for the period to be appropriated9905€795€1,357€685-€1,479-€1,840▼ 24.4%
Line20202021202220232024Change
Assets
Total assets20/58€3,867€3,183€7,707€1,666--
Fixed assets21/28€1,302€1,570€1,605€559--
Tangible fixed assets22/27€1,302€1,570€1,605€559--
Furniture and vehicles24--€1,605€559--
Current assets29/58€2,565€1,613€6,102€1,106--
Amounts receivable within one year40/41€946€1,254€3,314€481--
Trade receivables40--€517---
Other amounts receivable41--€2,798€481--
Cash at bank and in hand54/58€1,619€359€2,788€625--
Equity and liabilities
Total equity and liabilities10/49€3,867€3,183€7,707€1,666€0▼ 100%
Equity10/15-€25,364-€24,007-€23,322-€24,802-€14,242▲ 42.6%
Contributions10/11€6,200-€6,200€6,200€18,600▲ 200%
Reserves13€300€300€300€300€300=
Non-distributable reserves130/1--€300€300€300=
Reserves not available under the articles1311--€300€300€300=
Profit (loss) carried forward14-€31,864-€30,507-€29,822-€31,302-€33,142▼ 5.9%
Amounts payable17/49€29,231€27,190€31,030€26,467€14,242▼ 46.2%
Amounts payable within one year42/48€29,231€27,190€31,030€26,467€14,242▼ 46.2%
Trade debts44€6,351€5,778€9,829€3,000--
Suppliers440/4--€9,829€3,000--
Taxes, remuneration and social security45---€31--
Taxes450/3---€31--
Other amounts payable47/48--€21,200€23,437€14,242▼ 39.2%
Line20202021202220232024Change
Profit (loss) for the period9904€795€1,357€685-€1,479-€1,840▼ 24.4%
+ Depreciation and write-downs630€705€1,191€1,643€1,046--
Operating cash flow (approximation)€1,499€2,548€2,328-€434-€1,840▼ 324%
Investment in fixed assets (approximation)--€1,460-€1,678€0--
Change in cash--€1,260€2,429-€2,163--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
21-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
28-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Weakest financial yearnet -€1,840
Net result drops to -€1,840, the lowest in the series.
2023
29-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
24-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Highest result since 2019net €1,357 ▲70.8%
Operating result €1,392, net result €1,357, both a record.
2020
29-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Back to profitnet €795
Net result €795 after one loss-making year.
2019
13-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
02-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Geetbets · 1 establishment unit since 2005
seat establishment approximate The establishment unit on the map
Ground area
1,018 m²
Building footprint
166 m²
Volume, LiDAR
9 m³
Parcel 24028B0202/00A002, Flanders · tallest building 1.4 m. Linked by address, not a title deed.
1 establishment unit
Tr-Project
Borgloonstraat 59, 3450 GeetbetsGeneral construction of residential buildings
since 20052.148.105.778
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24028B0202/00A002 Flanders 1,018 m² 1 · 166 m² 1.4 m
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
41001General construction of residential buildings
43331Floor and wall tiling
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0874610792
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.