TRAJECTUM
TRAJECTUM has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €23k. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 62 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €74k |
| Net result | €23k |
| Better than sector | 27% |
| Active | 13 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.3% | 49.5% | |
| Net result | €23k | €8k | |
| Equity | €74k | €121k | |
| Gross operating margin | €46k | €92k | |
| Staff costs | €-59 | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €46k | €39k | €-35k | €-28k | €6k |
| Net profit | €23k | €17k | €-47k | €-44k | €-38k |
| Cash flow | €41k | €36k | €-39k | €-37k | €-35k |
| Staff costs | €-59 | €25k | €59k | €35k | - |
| Income taxes | €229 | €224 | €266 | €246 | €228 |
| Dividends | - | - | - | - | - |
| Total assets | €293k | €325k | €235k | €338k | €314k |
| Equity | €74k | €52k | €34k | €82k | €101k |
| Debt | €219k | €273k | €201k | €256k | €214k |
| of which ≤ 1y | €142k | €153k | €135k | €173k | €140k |
| of which > 1y | €55k | €67k | €25k | €25k | €25k |
| Working capital | €104k | €105k | €90k | €145k | €166k |
| Employees (FTE) | - | 0.2 | 1.0 | 1.0 | 0.9 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.73 | 1.69 | 1.66 | 1.84 | 2.18 |
| Quick ratio | 1.47 | 1.41 | 1.38 | 1.57 | 1.83 |
| Working capital ratio | 35.4% | 32.5% | 38.2% | 42.9% | 52.8% |
| Solvency | 25.3% | 15.9% | 14.6% | 24.3% | 32.0% |
| Debt / equity | 2.95 | 5.27 | 5.85 | 3.12 | 0.25 |
| Long-term debt ratio | 0.74 | 1.30 | 0.73 | 0.31 | 0.25 |
| Interest coverage | 8.23 | 6.65 | -8.12 | -2.87 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 7.7% | 5.4% | -20.2% | -13.0% | -12.1% |
| ROE | 30.4% | 33.7% | -138.4% | -53.5% | -37.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €293k | €325k | €235k | €338k | €314k |
| Fixed assets | 21/28 | €48k | €66k | €10k | €19k | €8k |
| Intangible fixed assets | 21 | €100 | €100 | €100 | €100 | €100 |
| Tangible fixed assets | 22/27 | €48k | €66k | €10k | €19k | €8k |
| Current assets | 29/58 | €246k | €258k | €225k | €318k | €306k |
| Stocks & contracts in progress | 3 | €37k | €42k | €38k | €47k | €50k |
| Amounts receivable within one year | 40/41 | €50k | €69k | €32k | €126k | €43k |
| Investments | 50/53 | €85k | €84k | €79k | €78k | €82k |
| Cash & bank | 54/58 | €73k | €58k | €73k | €59k | €129k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €293k | €325k | €235k | €338k | €314k |
| Equity | 10/15 | €74k | €52k | €34k | €82k | €101k |
| Contributions / capital | 10/11 | €119k | €119k | €119k | €119k | - |
| Reserves | 13 | €43k | €43k | €43k | €45k | €45k |
| Accumulated profits (losses) | 14 | €-88k | €-110k | €-128k | €-82k | €-38k |
| Amounts payable | 17/49 | €219k | €273k | €201k | €256k | €214k |
| Amounts payable after one year | 17 | €55k | €67k | €25k | €25k | €25k |
| Amounts payable within one year | 42/48 | €142k | €153k | €135k | €173k | €140k |
| Trade debts payable within one year | 44 | €6k | €15k | €21k | €51k | €14k |
| Income statement | ||||||
| Gross operating margin | 9900 | €46k | €65k | €26k | €9k | €37k |
| Operating result | 9901 | €27k | €21k | €-43k | €-35k | €3k |
| Financial income | 75 | €1k | €693 | €333 | €852 | €555 |
| Financial charges | 65 | €6k | €6k | €4k | €10k | €4k |
| Result before taxes | 9903 | €23k | €18k | €-47k | €-44k | €2k |
| Income taxes | 67/77 | €229 | €224 | €266 | €246 | €228 |
| Net result for the period | 9904 | €23k | €17k | €-47k | €-44k | €1k |
| Result to be appropriated | 9905 | €23k | €17k | €-47k | €-44k | €1k |
-
Hilde HelsenDirectorState Gazette act 23330951 (05-04-2023)Current05-04-2023 → present
| NACE primary | Libraries, archives, museums and other cultural activities(91420) |
| Legal form | Private limited company(610) |
| Incorporation | 16-01-2013 |
| Status | Active |
| Postal code | 3221 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24080D0376/00L000 | Flanders | 612 m² | 1 · 202 m² | 7.7 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-04-2023 Hilde Helsen appointed as director
- Hilde Helsen, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Hilde Helsen",
"address": "3221 Holsbeek (Nieuwrode), Hooghuis 27 B",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Kristiaan Triau",
"firm_city": null,
"firm_name": null,
"office_city": "Rotselaar",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-04-05",
"filing_date": "2023-04-03",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-03-23",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0502.778.813",
"name_full": "TRAJECTUM",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Kristiaan Triau",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"uitgifte van het proces-verbaal der statutenwijziging",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | TRAJECTUM |