Equity
€104,757 ▲ 2.4%
TRCA paid out €16,612 in dividends. That is 87% of the 2025 profit.
TRCA
Lifetime
19 annual accounts with figures on one time axispeak €92,908 (2011)
€54,966▼ 29.4%
lowest -€2,150 (2022)
€19,067▼ 56.0%
peak €104,757 (2025)
€104,757▲ 2.4%
€143,199▼ 10.9%
peak 3.8 FTE (2011)
-not published
Board1 name since 2021
1 directorALBERGA Sandro
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €77,878 to €54,966Result from €43,310 to €19,067Dividend €16,612Cash from €44,810 to €26,705
Key points
from the 2025 annual accountsChecked score
85
Excellent
Financially stronger than 43% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.7 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Size: total assets €247,957
lowers risk
Founded in 2007
Figures for financial year 2025 (filed on 04-08-2026)
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 45% of them on solvency, 29% on liquidity, 56% on profitability and 41% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as TRCA has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of TRCA itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,448 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 34,693 companies, not a prediction for TRCA. 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 €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.98 (1.86 in 2024), above the usual 1.5. Short-term debt is 46.9% and cash 10.8% of total assets. However, 57.8% 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
Five signals.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
19 days late
2023
6 days late
2022
1 day late
2021
2 days late
2020
23 days early
2019
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before 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 2 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0889510784
Appointment: ALBERGA Sandro (director)
General meeting of 09-10-2023 · Gazette deed
First establishment
TRCQ, Rue Tombou (S-B) 77, La Louvière
Incorporation
published on 29-05-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TRCA La Louvière | €247,957 | €54,966 | 42.2% | - |
| TOITURES CAPOZZA Manage | €217,547 | €59,449 | 45.9% | - |
| MSD POSE Les Bons Villers | €204,269 | €53,469 | 68.3% | - |
| ABRAHAM Société Privée à Responsabilité Limitée Ohey | €235,302 | €60,254 | 25.7% | - |
| DAKWERKEN WIM BIESEMAN Londerzeel | €259,550 | €64,705 | 50.4% | 0.5 |
| DAKWERKEN CDC Heist-op-den-Berg | €206,861 | €54,098 | 29.5% | - |
| CORDY FRANCOIS Hamois | €221,958 | €53,237 | 54.7% | - |
These companies have the same main activity as TRCA: roofing work (NACE 43410). They are comparable in size and age: total assets between €204,000 and €260,000, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 18-05-2007Normal situation
- Activity
- Roofing workNACE 43410and 2 others
- Establishment unit
- 2.179.352.4487110 La Louvière, since 15-07-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Annual accounts 2025
- €247,957▼ 5.7%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on TRCA
TRCA files the micro format. That format states no turnover. The gross margin rose from €28,938 in 2007 to €54,966 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 TRCA
- What is the company number of TRCA?
- The company number of TRCA is 0889.510.784. The VAT number is the same number with BE in front: BE 0889.510.784.
- Where is TRCA based?
- The registered office is at Rue Tombou (S-B) 77, 7110 La Louvière.Company details
- What does TRCA do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of TRCA?
- TRCA is a private limited company (BV).
- When was TRCA founded?
- TRCA was founded on 18-05-2007.
- Is TRCA still active?
- Yes, TRCA is an active enterprise in the KBO register.
- How many employees does TRCA have?
- TRCA had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TRCA?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €54,966 and 30 comparable companies (NACE 434). It probably lies between €150,000 and €320,000.
- Is TRCA profitable?
- In financial year 2025, TRCA made a profit of €19,067.
- Where can I find the annual accounts of TRCA?
- TRCA filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TRCA due?
- TRCA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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