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TRASHASTKHAN

Active
Private limited companyfounded 201313 yrs activeKemmelbergstraat 54, 2600 Antwerpen, BelgiumKBO/BCE: BE 0521.786.160

TRASHASTKHAN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534k and a net result of €286k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
90 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+88
Solvency94▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 4.91 in 2024; short-term debt: 31.4% and cash: 89.2% of total assets), and 31.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68.6%
Return on assets
36.7%
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 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 · 10 filings
Deviation from the deadline
2025
22 d late
2024
53 d late
2023
47 d late
2022
23 d late
2021
22 d late
2020
51 d late
2019
18 d late
← 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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€534k▲ 49.0%
2024 · €358k
2018: €156k 2019: €327k 2020: €322k 2021: €398k 2022: €388k 2023: €402k 2024: €358k
2018 → 2025
Total assets
€779k▲ 75.2%
2024 · €445k
2018: €196k 2019: €469k 2020: €400k 2021: €474k 2022: €487k 2023: €460k 2024: €445k
2018 → 2025
Net result
€286k
2024 · €-25k
2018: €19k 2019: €172k 2020: €35k 2021: €103k 2022: €20k 2023: €31k 2024: €-25k
2018 → 2025
Working capital
€520k▲ 53.9%
2024 · €338k
2018: €151k 2019: €315k 2020: €311k 2021: €374k 2022: €365k 2023: €376k 2024: €338k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€398k-€388k▼ 2.6%€402k▲ 3.8%€358k▼ 10.9%€534k▲ 49.0%
Operating result€138k-€31k▼ 77.8%€45k▲ 45.7%€-25k€418k
Net result€103k-€20k▼ 80.4%€31k▲ 55.0%€-25k€286k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2021: €138k€138kNet result 2021: €103k€103kOperating result 2022: €31k€31kNet result 2022: €20k€20kOperating result 2023: €45k€45kNet result 2023: €31k€31kOperating result 2024: €-25k€-25kNet result 2024: €-25k€-25kOperating result 2025: €418k€418kNet result 2025: €286k€286k20212022202320242025
The operating result returns to profit in 2025: €418k after a loss of €25k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €779k
Fixed assets €14k▼ 30.7%
Current assets €765k▲ 80.3%
Equity and liabilities €779k
Equity €534k▲ 49.0%
Debt €245k▲ 184%
The debt ratio rises from 19.4% to 31.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€432k
2024 · €-12k
Cash flow
€300k
2024 · €-12k
Solvency
68.6%
2024 · 80.6%
Current ratio
3.12
2024 · 4.91
Quick ratio
3.12
2024 · 4.91
Debt / equity
0.46
2024 · 0.24
ROE
53.5%
2024 · -7.0%
ROA
36.7%
2024 · -5.7%
Interest coverage
1267.57
2024 · -27.70
Debt
€245k
2024 · €86k
Debt ≤ 1 year
€245k
2024 · €86k
Income taxes
€132k
2024 · €136
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€445k€779k
Formation expenses20€0€0=
Fixed assets21/28€21k€14k
Tangible fixed assets22/27€18k€12k
Plant, machinery and equipment23€5k€5k
Furniture and vehicles24€13k€7k
Financial fixed assets28€2k€2k=
Current assets29/58€424k€765k
Amounts receivable after more than one year29€100k-
Other amounts receivable291€100k-
Amounts receivable within one year40/41€44k€70k
Trade receivables40€39k€50k
Other amounts receivable41€5k€20k
Current investments50/53€64k-
Cash at bank and in hand54/58€216k€695k
Deferred charges and accrued income490/1€396-
Equity and liabilities
Total equity and liabilities10/49€445k€779k
Equity10/15€358k€534k
Contributions10/11€6k€6k=
Reserves13€208k€384k
Distributable reserves133€208k€384k
Profit (loss) carried forward14€144k€144k=
Amounts payable17/49€86k€245k
Amounts payable within one year42/48€86k€245k
Current portion of amounts payable after more than one year42€4k-
Trade debts44€39k€125k
Suppliers440/4€39k€125k
Taxes, remuneration and social security45€42k€110k
Taxes450/3€42k€110k
Other amounts payable47/48€2k€10k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k
Other operating charges640/8€1k€3k
Gross operating margin9900€-10k€435k
Operating profit (loss)9901€-25k€418k
Financial income75/76B€122€725
Recurring financial income75€122€725
Financial charges65/66B€419€340
Recurring financial charges65€419€340
Profit (loss) for the period before taxes9903€-25k€418k
Income taxes67/77€136€132k
Profit (loss) for the period9904€-25k€286k
Profit (loss) for the period to be appropriated9905€-25k€286k
Appropriation of the result
Profit (loss) to be appropriated9906€144k€430k
Profit (loss) brought forward from the previous period14P€170k€144k
Transfer from equity791/2€19k€110k
Transfer to equity691/2-€286k
To other reserves6921-€286k
Profit to be distributed694/7€19k€110k
Return on contributions (dividend)694€19k€110k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
31-12
Financial Back to profitnet €286k
Net result €286k after one loss-making year.
31-12
Financial Equity above €500kEq €534k ▲49%
Equity rises from €358k to €534k.
22-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial Weakest financial yearnet €-25k ▼180%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
16-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
20-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
18-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-12
Financial Equity above €200kEq €327k ▲109%
2 profitable years in a row build equity to €327k.
12-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
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, Antwerpen · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Kemmelbergstraat 542600 Antwerpen
Ground area
131 m²
Building footprint
74 m²
Volume, LiDAR
628 m³
Parcel 11303B0509/00L000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Trashastkhan
Kemmelbergstraat 54, 2600 AntwerpenAdvertising agencies
since 20132.217.999.822
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11303B0509/00L000 Flanders 131 m² 1 · 74 m² 12.2 m · 3 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

Of 9,857 companies in sector 73110 we hold annual accounts for 3,754. 2,108 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-02-2013
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74104Other professional, scientific and technical activities
74105Other professional, scientific and technical activities
74130Interior design
74140Other specialised design activities
90022Arts creation and performing arts activities
90032Arts creation and performing arts activities
90120Visual arts creation
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.