TREFIMMO
ActiveTREFIMMO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €743k and a net result of €19k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-3
Solvency66▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.34 in 2024; short-term debt: 14.4% and cash: 23.5% of total assets), but 59% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
41%
Return on assets
1.1%
Age of the figures
15 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
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day 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 filingsDeviation from the deadline
2025
1 d late
2024
9 d late
2023
24 d late
2022
on the day
2021
22 d late
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€743k▲ 2.7%
2024 · €723k
2019: €208k
2020: €338k
2021: €472k
2022: €560k
2023: €655k
2024: €723k
2019 → 2025
Total assets
€1.81M▼ 6.4%
2024 · €1.93M
2019: €590k
2020: €1.35M
2021: €1.55M
2022: €1.65M
2023: €1.78M
2024: €1.93M
2019 → 2025
Net result
€19k▼ 71.6%
2024 · €68k
2019: €89k
2020: €155k
2021: €134k
2022: €89k
2023: €95k
2024: €68k
2019 → 2025
Working capital
€389k▼ 21.4%
2024 · €494k
2019: €174k
2020: €374k
2021: €297k
2022: €448k
2023: €406k
2024: €494k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€472k-€560k▲ 18.8%€655k▲ 16.9%€723k▲ 10.4%€743k▲ 2.7%
Operating result€170k-€114k▼ 32.8%€153k▲ 34.0%€123k▼ 19.3%€51k▼ 58.4%
Net result€134k-€89k▼ 33.8%€95k▲ 7.1%€68k▼ 28.1%€19k▼ 71.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.81M
Fixed assets
€1.16M▲ 8.4%
Current assets
€650k▼ 24.7%
Equity and liabilities €1.81M
Equity
€743k▲ 2.7%
Debt
€1.07M▼ 11.8%
The debt ratio falls from 62.6% to 59.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€151k▼
2024 · €229k
Cash flow
€119k▼
2024 · €173k
Solvency
41.0%▲
2024 · 37.4%
Current ratio
2.49▲
2024 · 2.34
Quick ratio
2.49▲
2024 · 2.34
Debt / equity
1.44▼
2024 · 1.67
ROE
2.6%▼
2024 · 9.4%
ROA
1.1%▼
2024 · 3.5%
Interest coverage
6.90▼
2024 · 12.67
Debt
€1.07M▼
2024 · €1.21M
Debt ≤ 1 year
€261k▼
2024 · €369k
Debt > 1 year
€805k▼
2024 · €841k
Income taxes
€10k▼
2024 · €37k
Staff costs
€92k▲
2024 · €89k
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€1.93M€1.81M▼
Fixed assets21/28€1.07M€1.16M▲
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€1.06M€1.14M▲
Land and buildings22€1.01M€1.09M▲
Plant, machinery and equipment23€5k€8k▲
Furniture and vehicles24€52k€46k▼
Other tangible fixed assets26€669€269▼
Financial fixed assets28€2k€13k▲
Current assets29/58€863k€650k▼
Amounts receivable after more than one year29€149k€140k▼
Trade receivables290€149k€140k▼
Amounts receivable within one year40/41€126k€77k▼
Trade receivables40€121k€53k▼
Other amounts receivable41€5k€24k▲
Cash at bank and in hand54/58€580k€425k▼
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.93M€1.81M▼
Equity10/15€723k€743k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€703k€722k▲
Amounts payable17/49€1.21M€1.07M▼
Amounts payable after more than one year17€841k€805k▼
Other amounts payable178/9€841k€805k▼
Amounts payable within one year42/48€369k€261k▼
Current portion of amounts payable after more than one year42€35k€107k▲
Trade debts44€316k€117k▼
Suppliers440/4€316k€117k▼
Taxes, remuneration and social security45€18k€37k▲
Taxes450/3-€9k
Remuneration and social security454/9€18k€28k▲
Accrued charges and deferred income492/3€868€868=
Income statement
Code20242025
Remuneration, social security and pensions62€89k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€100k▼
Other operating charges640/8€14k€16k▲
Gross operating margin9900€331k€259k▼
Operating profit (loss)9901€123k€51k▼
Financial income75/76B€322€99▼
Recurring financial income75€322€99▼
Financial charges65/66B€18k€22k▲
Recurring financial charges65€18k€22k▲
Profit (loss) for the period before taxes9903€106k€30k▼
Income taxes67/77€37k€10k▼
Profit (loss) for the period9904€68k€19k▼
Profit (loss) for the period to be appropriated9905€68k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€703k€722k▲
Profit (loss) brought forward from the previous period14P€635k€703k▲
The notes to these accounts (9 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
01-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
2025
30-06
Financial
Weakest financial yearnet €19k ▼71.6%
Net result drops to €19k, the lowest in the series.
09-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 9 days late
2024
24-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €500kEq €560k ▲18.8%
4 profitable years in a row build equity to €560k.
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-06
Financial
Highest result since 2019net €155k ▲73.6%
Operating result €186k, net result €155k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-01
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Ukkel · 2 establishment units since 2014
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.
Stallestraat 288C1180 UkkelGround area
1,454 m²
Building footprint
447 m²
Volume, LiDAR
4,851 m³
3 parcels, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
PROPERTY ONE
since 20142.236.967.280
PROPERTY ONE
since 20252.372.923.767
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0434/00B000 | Brussels | 975 m² | 1 · 207 m² | 11.2 m · 2 fl. |
| 21616G0102/00S000 | Brussels | 306 m² | 1 · 129 m² | 17.0 m · 5 fl. |
| 21614H0010/00N040 | Brussels | 173 m² | 1 · 112 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
NGG
BE 0627.761.927
Aalst · Eq €743k
BEAULIEU FABRICS
BE 0413.609.681
Waregem · Eq €743k
HESTON
BE 0739.580.161
Heist-op-den-Berg · Eq €742k
VDE INVESTMENTS
BE 0808.766.204
Olen · Eq €744k
AK SOLUTIONS
BE 0894.343.661
Fernelmont · Eq €741k
Of 7,320 companies in sector 68110 we hold annual accounts for 5,380. 3,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2014
Fiscal year end30-06
Activities, NACEBEL
68110Buying and selling of own real estate
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.