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Complete company report
Generated 18-08-2026
Active BE 1005.235.051Private limited company

TREND ENERGY

Wittestraat 103 ·2020 Antwerpen, Belgium· 2 yrs active
Sector: Installatie van industriële machines, toestellen en werktuigen (33200)
Conclusion Checked

The computed 12-month bankruptcy probability of TREND ENERGY is 4.8% (elevated). The 2025 annual accounts show negative equity (€-7k) and a net result of €-28k. Its solvency ranks better than 5% of 158 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-7k
Net result €-28k
Better than sector 5%
Active 2 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health10Profitability100Solvency33Growth-Stability67
52 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 10
Profitability 100
Solvency 33
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
4.8% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
10 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 33 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -177.0% 41.7%
better than 5% of 158 sector peers
Net result €-28k €20k
better than 5% of 159 sector peers
Equity €-7k €42k
better than 5% of 158 sector peers
Gross operating margin €-26k €43k
better than 5% of 159 sector peers
Total assets €4k €114k
better than 5% of 159 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2025
Depositmicro
Revenue-
EBITDA€-26k
Net profit€-28k
Cash flow€-27k
Staff costs-
Income taxes-
Dividends-
Total assets€4k
Equity€-7k
Debt€11k
of which ≤ 1y€11k
of which > 1y-
Working capital€-7k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.36
Quick ratio0.36
Working capital ratio-177.0%
Solvency-177.0%
Debt / equity-1.56
Long-term debt ratio-
Interest coverage-23.57
Gross margin-
Net margin-
ROA-711.6%
ROE402.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (17 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€4k
Current assets 29/58€4k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4k
Equity 10/15€-7k
Contributions / capital 10/11€21k
Accumulated profits (losses) 14€-28k
Amounts payable 17/49€11k
Amounts payable within one year 42/48€11k
Trade debts payable within one year 44€10k
Income statement
Gross operating margin 9900€-26k
Operating result 9901€-27k
Financial charges 65€1k
Result before taxes 9903€-28k
Net result for the period 9904€-28k
Result to be appropriated 9905€-28k
Ratios computed by Checked.
Directors & mandates 1 directors
Former directors (1)
  • Helvacioglu Ceyhun
    Director
    State Gazette act 25027477 (27-02-2025)
    Former
    - → 25-12-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Installatie van industriële machines, toestellen en werktuigen(33200)
Legal form Private limited company(610)
Incorporation26-01-2024
StatusActive
Postal code2020
Establishment units 1 location
TREND ENERGY
Wittestraat 103, 2020 AntwerpenReparatie en onderhoud van machines
since 20242.355.743.186
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11809I2408/00P011 Flanders 63 m² 1 · 63 m² 10.8 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
30-04-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
27-02-2025
State Gazette act Capital & shares
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
27-02-2025
Capital change
All acts · 1 updated 1 year ago
2025
27-02-2025 Transaction in capital or shares Capital & shares
Technical details 
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  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Irevul Murat",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 16,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Ibel Kerem",
          "share_class": null,
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          "n_shares_subscribed": 17,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-02-27",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2025-02-14",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-12-25"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "1005.235.051",
    "name_full": "TREND ENERGY",
    "legal_form": "B.V.",
    "_kbo_filled_from_list": true,
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 50.0,
      "kind": "person",
      "name": "Irev\u00FCl Murat",
      "role": "aandeelhouder",
      "n_shares": 16,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 50.0,
      "kind": "person",
      "name": "Ibel Kerem",
      "role": "aandeelhouder",
      "n_shares": 17,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 0.0,
      "kind": "person",
      "name": "Helvacioglu Ceyhun",
      "role": "Bestuurder",
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Installatie van industriële machines, toestellen en werktuigen33200Installatie van industriële machines, toestellen en werktuigen33200Reparatie van machines33120Reparatie en onderhoud van machines33120Overige technische testen en toetsen71209Overige technische testen en toetsen71209Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999
Primary activity highlighted.
Names & trade names
Legal nameNL TREND ENERGY
Registered office
Wittestraat 103 bus 2
2020 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative