TRCUTECO
ActiveSummary
TRCUTECO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €4k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-3
Solvency61▼-39
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.35; short-term debt: 64.2% and cash: 86.5% of total assets), and 64.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
34 d early
2022
11 d late
2021
30 d late
2020
60 d early
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€8k
2018 · €0
2018: €0
2019: €8k
2018 → 2019
EBIT margin
60.3%
Net result
€4k▲ 367%
2024 · €800
2018: €-2k
2019: €4k▲ +303% vs 2018
2020: €-3k▼ -195% vs 2019lowest in 8 years
2021: €-1k▲ +69.1% vs 2020
2022: €-434▲ +59.7% vs 2021
2023: €-217▲ +50.1% vs 2022
2024: €800▲ +469% vs 2023
2025: €4k▲ +367% vs 2024highest in 8 years
2018 → 2025
Working capital
€5k▲ 430%
2024 · €869
2018: €3k
2019: €4k▲ +35.5% vs 2018
2020: €1k▼ -72.2% vs 2019
2021: €439▼ -64.4% vs 2020
2022: €285▼ -34.9% vs 2021
2023: €69▼ -76.0% vs 2022lowest in 8 years
2024: €869▲ +1166% vs 2023
2025: €5k▲ +430% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€3k▼ 12.4%€3k▼ 7.1%€4k▲ 28.1%€7k▲ 102%
2021: €3k
2022: €3k▼ -12.4% vs 2021
2023: €3k▼ -7.1% vs 2022lowest in 5 years
2024: €4k▲ +28.1% vs 2023
2025: €7k▲ +102% vs 2024highest in 5 years
Operating result€-936-€-281▲ 70.0%€-64▲ 77.4%€953€4k▲ 313%
2021: €-936lowest in 5 years
2022: €-281▲ +70.0% vs 2021
2023: €-64▲ +77.4% vs 2022
2024: €953▲ +1599% vs 2023
2025: €4k▲ +313% vs 2024highest in 5 years
Net result€-1k-€-434▲ 59.7%€-217▲ 50.1%€800€4k▲ 367%
2021: €-1klowest in 5 years
2022: €-434▲ +59.7% vs 2021
2023: €-217▲ +50.1% vs 2022
2024: €800▲ +469% vs 2023
2025: €4k▲ +367% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 313% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€3k =
Current assets
€18k ▲ 1,244%
Equity and liabilities €21k
Equity
€7k ▲ 102%
Debt
€13k ▲ 2,780%
Debt's share of the balance-sheet total rises from 11.2% to 64.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.35
Debt to equity
1.79
ROE
50.6%
ROA
18.1%
Debt ≤ 1 year
€13k▲
2024 · €460
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4k€21k▲
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€1k€18k▲
Cash at bank and in hand54/58€1k€18k▲
Equity and liabilities
Total equity and liabilities10/49€4k€21k▲
Equity10/15€4k€7k▲
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-4k€186▲
Amounts payable17/49€460€13k▲
Amounts payable within one year42/48€460€13k▲
Trade debts44-€13k
Bills of exchange payable441-€13k
Other amounts payable47/48€460€460=
Income statement
Code20242025
Other operating charges640/8€64€66▲
Gross operating margin9900€1k€4k▲
Operating profit (loss)9901€953€4k▲
Financial charges65/66B€153€197▲
Recurring financial charges65€153€197▲
Profit (loss) for the period before taxes9903€800€4k▲
Profit (loss) for the period9904€800€4k▲
Profit (loss) for the period to be appropriated9905€800€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€186▲
Profit (loss) brought forward from the previous period14P€-4k€-4k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €600 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €281 | €281 | - | - | - | - |
| Other operating charges640/8 | €55 | - | €64 | €64 | €66 | ▲ 3.0% |
| Gross operating margin9900 | €-600 | - | - | €1k | €4k | ▲ 293% |
| Operating profit (loss)9901 | €-936 | €-281 | €-64 | €953 | €4k | ▲ 313% |
| Financial charges65/66B | €141 | €153 | €153 | €153 | €197 | ▲ 28.4% |
| Recurring financial charges65 | €141 | €153 | €153 | €153 | €197 | ▲ 28.4% |
| Profit (loss) for the period before taxes9903 | €-1k | €-434 | €-217 | €800 | €4k | ▲ 367% |
| Profit (loss) for the period9904 | €-1k | €-434 | €-217 | €800 | €4k | ▲ 367% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-434 | €-217 | €800 | €4k | ▲ 367% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4k | €4k | €3k | €4k | €21k | ▲ 402% |
| Formation expenses20 | €281 | - | - | - | - | - |
| Fixed assets21/28 | €3k | €3k | €3k | €3k | €3k | = |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €899 | €745 | €529 | €1k | €18k | ▲ 1,244% |
| Cash at bank and in hand54/58 | €899 | €745 | €529 | €1k | €18k | ▲ 1,244% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4k | €4k | €3k | €4k | €21k | ▲ 402% |
| Equity10/15 | €3k | €3k | €3k | €4k | €7k | ▲ 102% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Distributable reserves133 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €-4k | €-4k | €-4k | €-4k | €186 | ▲ 105% |
| Amounts payable17/49 | €460 | €460 | €460 | €460 | €13k | ▲ 2,780% |
| Amounts payable within one year42/48 | €460 | €460 | €460 | €460 | €13k | ▲ 2,780% |
| Trade debts44 | - | - | - | - | €13k | - |
| Bills of exchange payable441 | - | - | - | - | €13k | - |
| Other amounts payable47/48 | €460 | €460 | €460 | €460 | €460 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-434 | €-217 | €800 | €4k | ▲ 367% |
| + Depreciation and write-downs630 | €281 | €281 | - | - | - | - |
| Operating cash flow (approximation) | €-795 | €-153 | €-217 | €800 | €4k | ▲ 367% |
| Investment in fixed assets (approximation) | - | €-281 | €0 | €0 | €0 | - |
| Change in cash | - | €-153 | €-217 | €800 | €17k | ▲ 1,966% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €4k ▲367%
Net result €4k, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €800
Net result €800 after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.89
Current ratio from 1.15 to 2.89.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Leuven · 1 establishment unit since 2018
Ground area
5,521 m²
Building footprint
424 m²
Volume, LiDAR
11,086 m³
Parcel 24433E0268/00S006, Flanders · tallest building 29.4 m, ±9 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
TRCUTECO
since 20182.283.182.436
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0268/00S006 | Flanders | 5,521 m² | 1 · 424 m² | 29.4 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 7,961 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
33130Repair, maintenance and installation of machinery and equipment
47690Retail sale of other cultural and recreation goods
70200Business and other management consultancy
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.