TRAPPEN RENIER
ActiveTRAPPEN RENIER has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €29k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+2
Solvency44▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.84 against 1.35 in 2024; short-term debt: 19.4% and cash: 2.5% of total assets), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.9%
Return on assets
3.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 21%
← weakest
strongest →
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
9 d early
2023
6 d early
2022
26 d early
2021
11 d early
2020
12 d late
2019
162 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▲ 23.0%
2024 · €125k
2018: €44k
2019: €58k
2020: €66k
2021: €103k
2022: €104k
2023: €109k
2024: €125k
2018 → 2025
Total assets
€812k▼ 5.8%
2024 · €862k
2018: €143k
2019: €162k
2020: €661k
2021: €708k
2022: €859k
2023: €846k
2024: €862k
2018 → 2025
Net result
€29k▲ 83.0%
2024 · €16k
2018: €648
2019: €16k
2020: €8k
2021: €38k
2022: €1k
2023: €5k
2024: €16k
2018 → 2025
Working capital
€-25k
2024 · €39k
2018: €58k
2019: €92k
2020: €22k
2021: €36k
2022: €-74k
2023: €-61k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€104k▲ 1.2%€109k▲ 4.4%€125k▲ 14.4%€153k▲ 23.0%
Operating result€52k-€11k▼ 78.8%€21k▲ 89.0%€37k▲ 75.8%€48k▲ 32.5%
Net result€38k-€1k▼ 96.7%€5k▲ 265%€16k▲ 240%€29k▲ 83.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €812k
Fixed assets
€680k▼ 4.2%
Current assets
€132k▼ 13.2%
Equity and liabilities €812k
Equity
€153k▲ 23.0%
Debt
€659k▼ 10.6%
The debt ratio falls from 85.5% to 81.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€131k▲
2024 · €117k
Cash flow
€111k▲
2024 · €96k
Solvency
18.9%▲
2024 · 14.5%
Current ratio
0.84▼
2024 · 1.35
Quick ratio
0.79▼
2024 · 1.25
Debt / equity
4.30▼
2024 · 5.91
ROE
18.7%▲
2024 · 12.6%
ROA
3.5%▲
2024 · 1.8%
Interest coverage
9.22▲
2024 · 6.82
Debt
€659k▼
2024 · €737k
Debt ≤ 1 year
€157k▲
2024 · €113k
Debt > 1 year
€497k▼
2024 · €619k
Income taxes
€8k▲
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€862k€812k▼
Fixed assets21/28€709k€680k▼
Tangible fixed assets22/27€709k€680k▼
Land and buildings22€425k€397k▼
Plant, machinery and equipment23€29k€14k▼
Furniture and vehicles24€7k€51k▲
Leasing and similar rights25€13k€7k▼
Other tangible fixed assets26€235k€210k▼
Current assets29/58€152k€132k▼
Amounts receivable after more than one year29€6k€6k=
Other amounts receivable291€6k€6k=
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€29k€92k▲
Trade receivables40€10k€8k▼
Other amounts receivable41€19k€83k▲
Cash at bank and in hand54/58€103k€21k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€862k€812k▼
Equity10/15€125k€153k▲
Contributions10/11€6k€6k=
Reserves13€118k€147k▲
Distributable reserves133€118k€147k▲
Profit (loss) carried forward14€564€669▲
Amounts payable17/49€737k€659k▼
Amounts payable after more than one year17€619k€497k▼
Financial debts170/4€619k€497k▼
Amounts payable within one year42/48€113k€157k▲
Current portion of amounts payable after more than one year42€73k€122k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€24k€12k▼
Suppliers440/4€24k€12k▼
Taxes, remuneration and social security45€11k€18k▲
Taxes450/3€7k€15k▲
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48€5k€5k▲
Accrued charges and deferred income492/3€5k€5k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€82k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€123k€138k▲
Operating profit (loss)9901€37k€48k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€17k€14k▼
Recurring financial charges65€17k€14k▼
Profit (loss) for the period before taxes9903€21k€37k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€16k€29k▲
Profit (loss) for the period to be appropriated9905€16k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€29k▲
Profit (loss) brought forward from the previous period14P€882€564▼
Transfer to equity691/2€16k€29k▲
To other reserves6921€16k€29k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €153k ▲23%
8 profitable years in a row build equity to €153k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.35
Current ratio from 0.55 to 1.35; short-term debt falls from €137k to €113k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €38k ▲367%
Operating result €52k, net result €38k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲55.4%
4 profitable years in a row build equity to €103k.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
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.
Directors · office · real estate
Directors
3 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, Wervik · 1 establishment unit since 2021
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.
Robert Klingstraat 118940 WervikGround area
2,505 m²
Building footprint
1,076 m²
Volume, LiDAR
6,387 m³
Parcel 33029B0745/00L000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Trappen Renier
since 20212.319.416.785
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0745/00L000 | Flanders | 2,505 m² | 1 · 1,076 m² | 7.5 m · 2 fl. |
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
VANHOUCKE FRANKY
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ALUGLAS
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STEIN HOUSE
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Liège · Eq €153k
RENOBELT
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TendanceBois
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,612 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2014
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
25120Manufacture of fabricated metal products, except machinery and equipment
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.