Turnover
≈ €360,000 estimated
The micro format states no turnover.
TR-Technics
Lifetime
3 annual accounts with figures on one time axispeak €274,101 (2023)
€92,494▲ 44.0%
lowest -€12,584 (2024)
€783▲ €13,367
peak €81,616 (2023)
€69,816▲ 1.1%
€404,004▲ 36.1%
Board1 name since 2022
1 directorRobaey Toby
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €64,210 to €92,494Back to profit: €783Debts from €296,829 to €404,004Investments €103,207Cash from €7,215 to €31,215
Key points
from the 2025 annual accountsDebts
€404,004 81% of the balance sheet
Financial debts 68%Suppliers 8%Taxes and wages 2%Other 22%
Of this, €126,828 falls due within a year.
Investments
€103,207 2.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.14 was 2.31 in 2024
Short-term debts rose from €42,351 to €126,828.
Filings
3 annual accounts 3 late
The 2024 accounts came latest: 54 days after the end of the period.
Position in the sector
13.9%
Lower solvency than 83% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
53
Fair
Financially stronger than 28% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024lowest value
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%▲ +0.1 percentage points vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.3%● unchanged vs 06-2025
08-2025: 1.7%▲ +0.4 percentage points vs 07-2025
09-2025: 1.9%▲ +0.2 percentage points vs 08-2025
10-2025: 3.0%▲ +1.1 percentage points vs 09-2025
11-2025: 3.0%● unchanged vs 10-2025
12-2025: 2.6%▼ -0.4 percentage points vs 11-2025
01-2026: 2.5%▼ -0.1 percentage points vs 12-2025
02-2026: 2.5%● unchanged vs 01-2026
03-2026: 2.5%● unchanged vs 02-2026
04-2026: 2.5%● unchanged vs 03-2026
05-2026: 2.6%▲ +0.1 percentage points vs 04-2026
06-2026: 2.7%▲ +0.1 percentage points vs 05-2026
07-2026: 2.7%● unchanged vs 06-2026
08-2026: 3.3%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 1.8%▼ -1.5 percentage points vs 08-2026
10-2026: 1.8%● unchanged vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 25 days late; 1 of the last 3 accounts late
Founded in 2022
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €501,198
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 43, micro). It does better than 17% of them on solvency, 40% on liquidity, 18% on profitability and 38% 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 896 companies had the same profile as TR-Technics has now. Each dot stands for 3 companies, two years later.
98.1%
were still trading
0.7%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TR-Technics itself is higher: 1.8% within 12 months. It rests on far more data about TR-Technics than the profile alone.
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.
| 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 896 companies, not a prediction for TR-Technics. 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 €3,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.14 (2.31 in 2024), below the usual 1.5. Short-term debt is 25.3% and cash 6.2% of total assets. 86.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
25 days late
2024
54 days late
2023
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 36 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 29 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Incorporation
Founding capital of €5,000, 50 shares · Founder: Robaey Toby · Appointment: Robaey Toby (director) · published on 05-04-2022 · Gazette deed
First establishment
Krommebeekstraat 20, Menen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TR-Technics Menen | €501,198 | €92,494 | 13.9% | - |
| BVolt Wevelgem | €465,281 | €80,720 | 20.1% | - |
| Cardoen Kim Staden | €525,482 | €107,629 | 39.6% | - |
| Dries Staelens Hooglede | €549,542 | €91,099 | 22.7% | - |
| GV Electrics Deerlijk | €504,642 | €104,276 | 35.6% | - |
| Vanhoutte Jaron Ardooie | €452,473 | €105,274 | 19.6% | - |
| W/B Waregem | €506,146 | €76,414 | 73.0% | - |
These companies have the same main activity as TR-Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €452,000 and €550,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 01-04-2022Normal situation
- Activity
- General electrical installation workNACE 43211and 3 others
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.329.838.8428930 Menen, since 01-04-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on TR-Technics
TR-Technics files the micro format. That format states no turnover. The gross margin fell from €274,101 in 2023 to €92,494 in 2025.
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 TR-Technics
- What is the company number of TR-Technics?
- The company number of TR-Technics is 0784.331.211. The VAT number is the same number with BE in front: BE 0784.331.211.
- Where is TR-Technics based?
- The registered office is at Krommebeekstraat 20, 8930 Menen.Company details
- What does TR-Technics do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of TR-Technics?
- TR-Technics is a private limited company (BV).
- When was TR-Technics founded?
- TR-Technics was founded on 01-04-2022.
- Is TR-Technics still active?
- Yes, TR-Technics is an active enterprise in the KBO register.
- How many employees does TR-Technics have?
- TR-Technics had an average of 0.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does TR-Technics fall under?
- In its 2025 annual accounts, TR-Technics states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of TR-Technics?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €92,494 and 40 comparable companies (NACE 43211). It probably lies between €220,000 and €570,000.
- Is TR-Technics profitable?
- In financial year 2025, TR-Technics made a profit of €783.
- Where can I find the annual accounts of TR-Technics?
- TR-Technics filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TR-Technics due?
- TR-Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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