Equity
Equity fell by 94% in 4 years.
Equity fell by 94% in 4 years.
The micro format states no turnover.
The 2020 accounts came 31 days late. The other six were filed on time.
Lower solvency than 90% of companies in head offices and management consultancy. Sector median 55.5% · 41,228 companies.
In July 2024, 2,154 companies had the same profile as TRC SOLUTION has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,154 companies, not a prediction for TRC SOLUTION. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| TRC SOLUTION Floreffe | €277,330 | €158,584 | 1.3% | - |
| CARHAT CONSULTING Andenne | €293,165 | €154,970 | 84.9% | - |
| Digital it Eghezée | €310,294 | €137,751 | 42.5% | - |
| AUCALO Namur | €350,093 | €141,566 | 39.3% | - |
| BESOLID Lummen | €280,537 | €166,709 | 57.6% | - |
| INFORO Wommelgem | €259,920 | €149,406 | 50.3% | - |
| Aims Healthcare Sint-Niklaas | €264,181 | €157,988 | 1.9% | - |
These companies have the same main activity as TRC SOLUTION: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €260,000 and €350,000, founded between 2019 and 2020.
TRC SOLUTION files the micro format. That format states no turnover. The gross margin rose from €61,833 in 2019 to €158,584 in 2025.
The balance sheet grew most in 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 10% of 41,228 companies in 2025.
Higher than 11% of 39,797 companies in 2025.
Higher than 75% of 40,318 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
277,330 | 297,064 | 181,457 | 193,882 | 213,280 | 255,464 | 249,565 | |
21/28 |
152,219 | 167,108 | 76,892 | 108,723 | 151,767 | 199,822 | 178,544 | |
21 |
- | 0 | 25,500 | 59,500 | 93,500 | 127,500 | 161,545 | |
22/27 |
146,685 | 153,108 | 43,142 | 49,223 | 58,267 | 72,322 | 16,999 | |
22 |
45,043 | 17,135 | 12,987 | 5,162 | 6,776 | 9,240 | 11,703 | |
23 |
1,810 | 1,512 | 2,191 | 1,338 | 1,103 | 1,402 | - | |
24 |
99,832 | 134,462 | 27,964 | 42,723 | 50,389 | 61,681 | 5,295 | |
28 |
5,533 | 14,000 | 8,250 | - | - | - | - | |
29/58 |
125,112 | 129,956 | 104,565 | 85,159 | 61,512 | 55,642 | 71,022 | |
40/41 |
11,003 | 41,003 | 36,355 | 22,763 | 7,390 | 484 | 19,076 | |
40 |
11,003 | 41,003 | 36,355 | 22,763 | 7,390 | 484 | 19,076 | |
54/58 |
112,183 | 87,291 | 67,713 | 61,315 | 54,123 | 55,158 | 51,946 | |
490/1 |
1,925 | 1,662 | 497 | 1,081 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
277,330 | 297,064 | 181,457 | 193,882 | 213,280 | 255,464 | 249,565 | |
10/15 |
3,620 | 6,930 | 20,087 | 7,310 | 64,471 | 27,620 | 39,870 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | - | |
11 |
- | - | - | - | - | - | 3,000 | |
1100/10 |
- | - | - | - | - | - | 3,000 | |
14 |
620 | 3,930 | 17,087 | 4,310 | 61,471 | 24,620 | 36,870 | |
17/49 |
273,711 | 290,134 | 161,370 | 186,572 | 148,808 | 227,845 | 209,695 | |
17 |
- | - | - | - | - | 75,787 | - | |
170/4 |
- | - | - | - | - | 75,787 | - | |
42/48 |
273,711 | 290,134 | 161,370 | 186,572 | 148,808 | 152,058 | 209,695 | |
44 |
4,518 | 4,950 | 15,471 | 7,256 | 3,968 | 699 | 238 | |
440/4 |
4,518 | 4,950 | 15,471 | 7,256 | 3,968 | 699 | 238 | |
45 |
22,002 | 22,600 | 8,661 | 21,711 | 10,716 | 6,265 | 28,891 | |
450/3 |
22,002 | 22,600 | 8,661 | 21,711 | 10,716 | 6,265 | 28,891 | |
47/48 |
247,191 | 262,584 | 137,239 | 157,605 | 134,124 | 145,094 | 180,567 | |
| Income statement | ||||||||
70 |
- | - | - | - | 168,755 | 92,763 | 71,004 | |
76A |
- | 107 | - | - | - | - | - | |
9900 |
158,584 | 120,339 | 70,896 | 106,893 | 96,827 | 37,771 | 61,833 | |
60/61 |
- | - | - | - | 71,928 | 57,492 | 9,171 | |
630 |
40,463 | 56,684 | 52,636 | 51,903 | 51,548 | 43,687 | 9,612 | |
640/8 |
1,088 | 2,436 | 936 | 874 | 794 | 5,744 | 348 | |
9901 |
117,033 | 61,219 | 17,325 | 54,117 | 44,486 | -11,660 | 51,873 | |
75/76B |
- | - | - | - | - | 23 | - | |
75 |
- | - | - | - | - | 23 | - | |
65/66B |
612 | 1,736 | 548 | 128 | 1,245 | 3 | 3 | |
65 |
612 | 1,736 | 548 | 128 | 1,245 | 3 | 3 | |
9903 |
116,421 | 59,484 | 16,777 | 53,989 | 43,241 | -11,640 | 51,870 | |
67/77 |
24,732 | 12,640 | 4,000 | 11,150 | 6,389 | 611 | 15,000 | |
9904 |
91,689 | 46,843 | 12,777 | 42,839 | 36,852 | -12,250 | 36,870 | |
9905 |
91,689 | 46,843 | 12,777 | 42,839 | 36,852 | -12,250 | 36,870 | |
| Appropriation of the result | ||||||||
9906 |
95,620 | 63,930 | 17,087 | 104,310 | 61,471 | 24,620 | 36,870 | |
14P |
3,930 | 17,087 | 4,310 | 61,471 | 24,620 | - | - | |
694/7 |
95,000 | 60,000 | - | 100,000 | - | - | - | |
694 |
95,000 | 60,000 | - | 100,000 | - | - | - | |
| Document | ||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00260354 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00232852 | |
| 31-12-2023 | micro format | 30-06-2024 | 2024-00188272 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00200555 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20135304 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65700491 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-24600398 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 157,496 | 117,903 | 69,961 | 106,020 | 96,034 | 32,027 | 61,486 | ||
| 132,152 | 103,527 | 65,413 | 94,742 | 88,399 | 31,436 | 46,482 | ||
| 34,040 | 148,211 | 20,805 | 8,859 | 3,492 | 64,965 | 188,156 | ||
| 24,893 | 19,578 | 6,398 | 7,192 | -1,035 | 3,212 | - | ||
| -148,599 | -160,178 | -56,805 | -101,413 | -87,296 | -96,416 | -138,674 | ||
| - | - | - | - | 26.4% | -12.6% | 73.1% | ||
| 1.3% | 2.3% | 11.1% | 3.8% | 30.2% | 10.8% | 16.0% | ||
| 0.46 | 0.45 | 0.65 | 0.46 | 0.41 | 0.37 | 0.34 | ||
| 75.62 | 41.86 | 8.03 | 25.52 | 2.31 | 8.25 | 5.26 | ||
| - | 675.9% | 63.6% | 586.0% | 57.2% | -44.4% | 92.5% | ||
| 33.1% | 15.8% | 7.0% | 22.1% | 17.3% | -4.8% | 14.8% | ||
| over 100 | 67.94 | over 100 | over 100 | 77.12 | - | - | ||
| - | - | - | - | 16 days | 2 days | 98 days | ||
| - | - | - | - | 20 days | 4 days | 9 days |
A ratio outside any meaningful range has been withheld (balance sheet total €277,330, equity €3,620).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €34,040 | €142,461 | €12,555 | €8,859 | €3,492 |
| Financial fixed assets | - | €5,750 | €8,250 | - | - |
| €40,463 | €56,684 | €52,636 | €51,903 | €51,548 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 91% higher than in 2024 and the highest since 2019. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 97.7% to 98.7%. Equity and debt are lower.
TRC SOLUTION has no parent and no holdings in its annual accounts.
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de Floreffe, Franière 33 registered office 5150 Floreffe | 04-10-2019 | 2.343.896.023 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92050A0238/00X006 | 1,270 m² | 1 · 172 m² | 7.2 m · 2 |
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