TREMELO
ActiveSummary
TREMELO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€22,387) and a net result of -€612,455. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 60 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-73
Solvency5▼-95
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.37 in 2024; short-term debt: 120% and cash: 0.8% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 37
Relative position
BE, all sectors
reference
Sewerage (NACE 37)
about 47% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-20%
Return on assets
-548.3%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€22,387
neutral · A punctual record breaks
This company filed 3 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
17 d early
2023
8 d early
2022
11 d early
2021
60 d late
2020
9 d early
2019
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 38% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€612,455
2024 · €110,897
Working capital
-€22,387▲ 72.7%
2024 · -€81,911
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 37, Sewerage, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,827€27,039▲ 1,380%€59,694▲ 121%€70,409▲ 17.9%€78,201▲ 11.1%
Net result€53,489above the sector's middle half▲ 4.8%€72,116above the sector's middle half▲ 34.8%€93,028within the sector's middle half▲ 29.0%€110,897within the sector's middle half▲ 19.2%-€612,455below the sector's middle half
Equity€413,527above the sector's middle half▲ 4.0%€445,143above the sector's middle half▲ 7.6%€514,172within the sector's middle half▲ 15.5%€590,068within the sector's middle half▲ 14.8%-€22,387below the sector's middle half
Total assets€747,902above the sector's middle half▲ 0.3%€749,380above the sector's middle half▲ 0.2%€764,490within the sector's middle half▲ 2.0%€772,791within the sector's middle half▲ 1.1%€111,692below the sector's middle half▼ 85.5%
Debt€334,376▼ 3.9%€304,237▼ 9.0%€250,319▼ 17.7%€182,722▼ 27.0%€134,078▼ 26.6%
Working capital-€89,888▼ 77.6%-€114,019▼ 26.8%-€101,217▲ 11.2%-€81,911▲ 19.1%-€22,387▲ 72.7%
Solvency55.3%within the sector's middle half▲ 2.0pp59.4%within the sector's middle half▲ 4.1pp67.3%above the sector's middle half▲ 7.9pp76.4%above the sector's middle half▲ 9.1pp-20.0%below the sector's middle half▼ 96.4pp
above
within
below
the middle half (P25 to P75) of NACE 37, Sewerage, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Key figures and ratios
Current ratio
0.83▲
2024 · 0.37
Debt to equity
-5.99▼
2024 · 0.31
ROA
-548.3%▼
2024 · 14.4%
Debt ≤ 1 year
€134,078▲
2024 · €130,302
Income taxes
€20,562▲
2024 · €17,764
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €868 | €868 | €384 | €387 | €1,005 | ▲ 159% |
| Gross operating margin9900 | €2,695 | €27,907 | €60,079 | €70,796 | €79,206 | ▲ 11.9% |
| Operating profit (loss)9901 | €1,827 | €27,039 | €59,694 | €70,409 | €78,201 | ▲ 11.1% |
| Financial income75/76B | €60,077 | €60,077 | €60,077 | €60,077 | €56,064 | ▼ 6.7% |
| Recurring financial income75 | €60,077 | €60,077 | €60,077 | €60,077 | €56,064 | ▼ 6.7% |
| Financial charges65/66B | €3,075 | €2,682 | €2,062 | €1,826 | €726,158 | ▲ 39,662% |
| Recurring financial charges65 | €3,075 | €2,682 | €2,062 | €1,826 | €1,759 | ▼ 3.7% |
| Non-recurring financial charges66B | - | - | - | - | €724,399 | - |
| Profit (loss) for the period before taxes9903 | €58,829 | €84,433 | €117,709 | €128,660 | -€591,893 | ▼ 560% |
| Income taxes67/77 | €5,340 | €12,317 | €24,681 | €17,764 | €20,562 | ▲ 15.8% |
| Profit (loss) for the period9904 | €53,489 | €72,116 | €93,028 | €110,897 | -€612,455 | ▼ 652% |
| Profit (loss) for the period to be appropriated9905 | €53,489 | €72,116 | €93,028 | €110,897 | -€612,455 | ▼ 652% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €747,902 | €749,380 | €764,490 | €772,791 | €111,692 | ▼ 85.5% |
| Fixed assets21/28 | €724,525 | €724,525 | €724,525 | €724,400 | - | - |
| Financial fixed assets28 | €724,525 | €724,525 | €724,525 | €724,400 | - | - |
| Current assets29/58 | €23,377 | €24,855 | €39,965 | €48,391 | €111,692 | ▲ 131% |
| Amounts receivable within one year40/41 | €3,960 | - | €5,006 | €33,194 | €110,781 | ▲ 234% |
| Trade receivables40 | €3,960 | - | €5,006 | €31,835 | €109,426 | ▲ 244% |
| Other amounts receivable41 | - | - | - | €1,359 | €1,355 | ▼ 0.3% |
| Cash at bank and in hand54/58 | €19,418 | €24,855 | €34,959 | €15,197 | €911 | ▼ 94.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €747,902 | €749,380 | €764,490 | €772,791 | €111,692 | ▼ 85.5% |
| Equity10/15 | €413,527 | €445,143 | €514,172 | €590,068 | -€22,387 | ▼ 104% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €321,610 | €353,110 | €422,110 | €387,110 | €387,110 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €319,750 | €351,250 | €420,250 | €385,250 | €385,250 | = |
| Profit (loss) carried forward14 | €85,717 | €85,833 | €85,862 | €196,758 | -€415,697 | ▼ 311% |
| Amounts payable17/49 | €334,376 | €304,237 | €250,319 | €182,722 | €134,078 | ▼ 26.6% |
| Amounts payable after more than one year17 | €221,110 | €165,363 | €109,137 | €52,421 | - | - |
| Financial debts170/4 | €221,110 | €165,363 | €109,137 | €52,421 | - | - |
| Amounts payable within one year42/48 | €113,265 | €138,874 | €141,182 | €130,302 | €134,078 | ▲ 2.9% |
| Current portion of amounts payable after more than one year42 | €55,269 | €55,747 | €56,226 | €56,716 | €52,421 | ▼ 7.6% |
| Trade debts44 | €12,119 | €6,413 | €8,762 | €6,683 | €13,119 | ▲ 96.3% |
| Suppliers440/4 | €12,119 | €6,413 | €8,762 | €6,683 | €13,119 | ▲ 96.3% |
| Taxes, remuneration and social security45 | €12,250 | €24,299 | €45,306 | €36,405 | €42,859 | ▲ 17.7% |
| Taxes450/3 | €12,250 | €24,299 | €45,306 | €36,405 | €42,859 | ▲ 17.7% |
| Other amounts payable47/48 | €33,627 | €52,415 | €30,888 | €30,498 | €25,680 | ▼ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,489 | €72,116 | €93,028 | €110,897 | -€612,455 | ▼ 652% |
| Operating cash flow (approximation) | €53,489 | €72,116 | €93,028 | €110,897 | -€612,455 | ▼ 652% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €125 | - | - |
| Change in cash | - | €5,437 | €10,104 | -€19,762 | -€14,286 | ▲ 27.7% |
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
10-08
State Gazette act
Resignation: PIRSON Pol (manager)Appointment: PIRSON Pol (non-statutory director) · Statutes amendment · Legal-form conversion11 facts ▸
State Gazette act
Resignation: PIRSON Pol (manager)
Appointment: PIRSON Pol (non-statutory director) · Statutes amendment · Legal-form conversion11 facts ▸
- General meeting, 03-08-2026
- Statutes amendment
- Legal-form conversion, Société à Responsabilité Limitée
- Capital conversion, de plein droit, 1860
- Statutes amendment
- Capital
- Director resignation, PIRSON Pol (manager)
- Director appointment, PIRSON Pol (non-statutory director)
- Registered office clause, 5020 Suarlée (Namur),Rue Alfred Junné 31, SIXIEME RESOLUTION
- Other statement, néant, site internet et adresse électronique
- Power of attorney
2025
31-12
Financial
Weakest financial yearnet -€612,455
Net result drops to -€612,455, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500,000Eq €514,172 ▲15.5%
6 profitable years in a row build equity to €514,172.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Highest result since 2018net €134,016 ▲575%
Net result €134,016, the highest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
PIRSON Pol
CurrentNon-statutory director · since 10-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2010
Ground area
1,896 m²
Building footprint
127 m²
Volume, LiDAR
660 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vieux-Chemin-de-Namur, Lonzée 16, 5030 Gembloux
since 20102.186.139.181
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92120C0015/00Y000 | Wallonia | 1,405 m² | 1 · 74 m² | 10.3 m · 3 fl. |
| 92254A0220/00A002 | Wallonia | 491 m² | 1 · 52 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PIRSON Pol |
|
Articles of association
Annual meeting
Last Friday of June at 19:30
Duration
Unlimited
Purpose
Tous travaux de terrassement, y compris entre autres les travaux de forage, de sondage, de fonçage de puits, de rabattement de la nappe aquifère, de fondations, de battage de pieux…
Full purpose (34 activities)
- Tous travaux de terrassement, y compris entre autres les travaux de forage, de sondage, de fonçage de puits, de rabattement de la nappe aquifère, de fondations, de battage de pieux et de palplanches, et de consolidation du sol par tous systèmes
- Tous travaux d’aménagement et d’entretien de terrains divers, y compris entre autres la construction, l’aménagement, la réparation et l’entretien de plaines de jeux et de sport, de parcs et de jardin
- Tous travaux de construction, de placement, d’entretien et de réfection de clôtures, de parking, de cour, de terrasse, d’accès, d’escaliers, de trottoirs, de voirie privée et/ou publique et de palissades, y compris couler des dalles de béton
- Tous travaux intérieurs et extérieurs de pose de carrelages, de klinkers ou autres matériaux de revêtement de sol
- Toutes activités diverses
- Toute activité de vidangeur de fosses septiques, de systèmes d’épuration, d’épandage de gadoues
- Toutes activités de pose de fosses septiques
- Tous travaux de construction, de réparation et d’entretien de réseaux d’adduction, de distribution et d’évacuation des eaux et de leurs accessoires
- Tous travaux de construction de bassins de décantation et autres ouvrages pour l’épuration des eaux usées
- L’exploitation forestière
- Tous travaux de plantation, d’entretien et d’élagage d’arbres et de haies
- Tous travaux de préparation des terres
- Tous travaux de drainage de terrains agricoles et sylvicoles
- Tous travaux de drainage des chantiers
- Tous travaux de pose de drains autour d’immeubles destinés à l’habitation et tous autres immeubles
- Tous travaux de nettoyage de rues, de déneigement et d’épandage de sel
- Tous travaux de nettoyage de bâtiments de tous types, y compris les immeubles d’habitation, les bureaux, les usines, les ateliers, les locaux d’institutions et autres à usage commercial ou professionnel ainsi que les immeubles à appartements
- Toute activité de manutention et de levage pour tiers
- Tous travaux d’isolation intérieure et extérieure
- Tous travaux de placement, d’entretien et de réparation de gouttières et de toitures
- Tous travaux de maçonnerie intérieure ou extérieure
- Toute activité liée à la conception, le placement, et l’entretien d’installations électriques
- Toute activité relative au commerce, en gros ou au détail, la location, la sous-location, la conception, l'installation, la construction, l'entretien, la réparation, la transformation, l'enlèvement, la démolition dans quelque domaine que ce soit, et en particulier, sans que toutefois l'énumération ci-après ne soit exhaustive, dans le domaine d’électricité, d’électronique, de domotique, de matériel audiovisuel, d'éclairage, d'armoires électriques ou électroniques, d’alarme
- L’achat et la vente, en gros et au détail, l’import, l’export, le placement de tous articles électriques, luminaires et autres
- Toute activité liée à la conception, le placement, l’installation et l’entretien de systèmes de domotique
- La pose de câbles électriques divers
- Toute activité d'installation en chauffage central, sanitaire, plomberie-zinguerie, tuyauteries industrielles et canalisations
- Le ramonage de cheminées
- En général, l'entretien, la réparation, l'achat et la vente, en gros ou au détail, le conseil relatifs à l’ensemble des activités énumérées ci-avant
- La gestion et la valorisation de tous biens immeubles et meubles lui appartenant ou appartenant à un tiers, l'acquisition, la vente, l'échange, la location, la gérance, et la mise en location de tous biens meubles et immeubles
- L'exploitation et la mise en valeur de tous biens immeubles, bâtis ou non bâtis, meublés ou non, et de tous droits réels immobiliers
- Le conseil en réalisation immobilière
- La construction, la démolition, la transformation, la rénovation d'immeubles, leur aménagement, leur décoration, les prendre ou les donner en caution, prendre ou donner des droits d'emphytéose ou de superficie, faire tous travaux en vue de rendre des immeubles rentables, lotir des terrains, créer la voirie nécessaire, conclure tout contrat de leasing, etc.
- L’étude, la construction, la rénovation, la restauration, la démolition d’immeubles de tout genre
Name clause
Registered office clause
Région Wallonne, organe d'administration peut établir sièges administratifs,agences,ateliers,dépôts,succursales,tant en Belgique qu'à l'étranger
Other statement
Compte de capitaux propres statutairement indisponible, 6200
Actions libérées à émission, appels de fonds
Apport en numéraire avec émission nouvelles actions-droit de préférence, courrier électronique,ou courrier ordinaire même jour sans adresse électronique
Nominatives, Article 9-nature des actions
Rémunération administrateurs, frais généraux hors frais représentation voyages déplacements
Contrôle société, lorsque loi exige dans limites prévues
Article 16. Admission à l’assemblée générale
Article 17. Séances – procès-verbaux
Article 18. Délibérations
Séance tenante, prorogation assemblée générale
Répartition-réserves-distributions, assemblée générale sur proposition organe d'administration dans limites de la Loi
Élection de domicile, autre domicile en Belgique élu vis-à-vis de la société
Tribunaux du siège,compétence exclusive, compétence judiciaire
Droit commun, Article 27
1 more provision on this in the deed
Transfer restriction
Moitié cédant moitié acquéreurs au prorata si plusieurs, cessions entre vifs ou transmissions pour cause de mort
Board rule
Organe d'administration, assemblée nommant fixe nombre,durée,pouvoirs si pluralité
Dissolution rule
Prévues pour modifications aux statuts, assemblée générale
Liquidation rule
Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments
Liquidation distribution
Remis pour partage dans même proportion, actif net entre tous actionnaires en proportion de leurs actions
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of TREMELO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Capital over the years
- 10-08-2026 Converted to unavailable equity
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Identification & contact
Identification
Legal formPrivate limited company
Founded30-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
37000Sewerage
42212Civil engineering
43120Site preparation
81220Other building cleaning and industrial cleaning
81300Landscape service activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0821880010
Also
9925:BE0821880010
Registered
17-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.