TREHUS
ActiveTREHUS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €550k and a net result of €41k. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 79% of 2147 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-19
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 3.82 in 2024), and 32.8% 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 risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
67.2%
Return on assets
5%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
6 d early
2023
5 d early
2022
39 d early
2021
16 d early
2020
8 d early
2019
36 d early
← 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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€550k▼ 1.6%
2024 · €559k
2018: €106k
2019: €186k
2020: €235k
2021: €237k
2022: €381k
2023: €496k
2024: €559k
2018 → 2025
Total assets
€818k▼ 0.6%
2024 · €824k
2018: €203k
2019: €330k
2020: €423k
2021: €631k
2022: €831k
2023: €855k
2024: €824k
2018 → 2025
Net result
€41k▼ 35.0%
2024 · €63k
2018: €75k
2019: €80k
2020: €99k
2021: €102k
2022: €144k
2023: €115k
2024: €63k
2018 → 2025
Working capital
€448k▲ 8.9%
2024 · €412k
2018: €103k
2019: €178k
2020: €223k
2021: €202k
2022: €308k
2023: €395k
2024: €412k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€237k-€381k▲ 60.8%€496k▲ 30.3%€559k▲ 12.7%€550k▼ 1.6%
Operating result€133k-€182k▲ 36.3%€154k▼ 15.0%€89k▼ 42.3%€60k▼ 32.2%
Net result€102k-€144k▲ 40.9%€115k▼ 20.0%€63k▼ 45.3%€41k▼ 35.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 32% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €818k
Fixed assets
€197k▼ 25.9%
Current assets
€621k▲ 11.4%
Equity and liabilities €818k
Equity
€550k▼ 1.6%
Debt
€268k▲ 1.5%
The debt ratio rises from 32.1% to 32.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€129k▼
2024 · €159k
Cash flow
€110k▼
2024 · €133k
Solvency
67.2%▼
2024 · 67.9%
Current ratio
3.59▼
2024 · 3.82
Quick ratio
2.71▼
2024 · 3.50
Debt / equity
0.49▲
2024 · 0.47
ROE
7.4%▼
2024 · 11.3%
ROA
5.0%▼
2024 · 7.7%
Interest coverage
14.57▼
2024 · 16.11
Debt
€268k▲
2024 · €264k
Debt ≤ 1 year
€173k▲
2024 · €146k
Debt > 1 year
€84k▼
2024 · €118k
Income taxes
€13k▼
2024 · €18k
Staff costs
€57k▲
2024 · €57k
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€824k€818k▼
Fixed assets21/28€266k€197k▼
Tangible fixed assets22/27€264k€195k▼
Land and buildings22€17k€16k▼
Plant, machinery and equipment23€93k€77k▼
Furniture and vehicles24€154k€102k▼
Financial fixed assets28€2k€2k=
Current assets29/58€558k€621k▲
Amounts receivable after more than one year29-€8k
Other amounts receivable291-€8k
Stocks and contracts in progress3€47k€152k▲
Stocks30/36€16k€37k▲
Contracts in progress37€31k€115k▲
Amounts receivable within one year40/41€372k€402k▲
Trade receivables40€210k€285k▲
Other amounts receivable41€163k€117k▼
Cash at bank and in hand54/58€129k€50k▼
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€824k€818k▼
Equity10/15€559k€550k▼
Contributions10/11€19k€19k=
Reserves13€540k€531k▼
Non-distributable reserves130/1€0-
Other1319€0-
Distributable reserves133€540k€531k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€264k€268k▲
Amounts payable after more than one year17€118k€84k▼
Financial debts170/4€118k€84k▼
Amounts payable within one year42/48€146k€173k▲
Current portion of amounts payable after more than one year42€54k€57k▲
Trade debts44€69k€59k▼
Suppliers440/4€69k€59k▼
Advances received on contracts in progress46€0€3k▲
Taxes, remuneration and social security45€12k€19k▲
Taxes450/3€1k€9k▲
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€11k€36k▲
Accrued charges and deferred income492/3€170€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€57k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€69k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€220k€190k▼
Operating profit (loss)9901€89k€60k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€81k€54k▼
Income taxes67/77€18k€13k▼
Profit (loss) for the period9904€63k€41k▼
Profit (loss) for the period to be appropriated9905€63k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€41k▼
Transfer from equity791/2-€50k
Transfer to equity691/2€63k€41k▼
To other reserves6921€63k€41k▼
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (17 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €41k ▼35%
Net result drops to €41k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €559k ▲12.7%
7 profitable years in a row build equity to €559k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €144k ▲40.9%
Operating result €182k, net result €144k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €235k ▲26.2%
3 profitable years in a row build equity to €235k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150kEq €186k ▲76.1%
2 profitable years in a row build equity to €186k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-03-2024
Tom Vandewalle: Resigned as Director
23-03-2017
BRAL Rik: Resigned as Manager
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 2016
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.
Hoekestraat 89A9910 AalterGround area
1,763 m²
Building footprint
109 m²
Volume, LiDAR
627 m³
Parcel 44029C1272/00K000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TREHUS
since 20162.252.009.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029C1272/00K000 | Flanders | 1,763 m² | 1 · 109 m² | 8.0 m · 2 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 683 EUR awarded · 683 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 539 EUR | 539 EUR |
| 2022 | 1 | 144 EUR | 144 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
VANHEE CONSTRUCT
BE 0467.150.317
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SCHELDEMAN MARIO
BE 0836.391.606
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BOUWWERKEN LENAERTS
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BETOQAD
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ALGEMENE BOUWONDERNEMING PETER BONGAERTS
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 8,774 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.