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TRENDA

Active
Private limited companyfounded 199333 yrs activeVerbranden Bos 29, 9991 Maldegem, BelgiumKBO/BCE: BE 0450.004.972

TRENDA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €934k and a net result of €72k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency98▼-2
Growth63▼-15
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.73 against 3.48 in 2024; short-term debt: 16.5% and cash: 13.6% of total assets), and 26.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
73.3%
Return on assets
5.6%
Age of the figures
9 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 10-08-2026, 10 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 filings
Deviation from the deadline
2025
10 d late
2024
28 d early
2023
36 d early
2022
7 d early
2021
58 d early
2020
149 d early
2019
53 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
€1.24M=
2024 · €1.24M
2024: €1.24M
2024 → 2025
EBIT margin
8.6%▼ 1.9pp
2024 · 10.5%
2024: 10.5%
2024 → 2025
Net result
€72k▼ 16.8%
2024 · €86k
2018: €-156 2019: €260k 2020: €69k 2021: €70k 2022: €84k 2023: €63k 2024: €86k
2018 → 2025
Working capital
€364k▼ 0.5%
2024 · €366k
2018: €416k 2019: €741k 2020: €608k 2021: €447k 2022: €506k 2023: €297k 2024: €366k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€1.24M€1.24M=
Equity€630k-€713k▲ 13.3%€776k▲ 8.8%€863k▲ 11.1%€934k▲ 8.3%
Operating result€100k-€124k▲ 23.9%€90k▼ 27.1%€129k▲ 43.6%€106k▼ 17.9%
Net result€70k-€84k▲ 19.8%€63k▼ 25.1%€86k▲ 37.2%€72k▼ 16.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €100k€100kNet result 2021: €70k€70kOperating result 2022: €124k€124kNet result 2022: €84k€84kOperating result 2023: €90k€90kNet result 2023: €63k€63kOperating result 2024: €129k€129kNet result 2024: €86k€86kOperating result 2025: €106k€106kNet result 2025: €72k€72k20212022202320242025
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets €701k▲ 38.9%
Current assets €574k▲ 11.8%
Equity and liabilities €1.27M
Equity €934k▲ 8.3%
Debt €340k▲ 119%
The debt ratio rises from 15.2% to 26.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€160k
2024 · €174k
Cash flow
€126k
2024 · €130k
Solvency
73.3%
2024 · 84.8%
Current ratio
2.73
2024 · 3.48
Quick ratio
2.39
2024 · 2.58
Debt / equity
0.36
2024 · 0.18
ROE
7.7%
2024 · 10.0%
ROA
5.6%
2024 · 8.5%
Interest coverage
13.42
2024 · 21.63
Debt
€340k
2024 · €155k
Debt ≤ 1 year
€210k
2024 · €147k
Debt > 1 year
€130k
Income taxes
€24k
2024 · €36k
Staff costs
€352k
2024 · €403k
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€1.02M€1.27M
Fixed assets21/28€504k€701k
Intangible fixed assets21€1k€907
Tangible fixed assets22/27€489k€686k
Land and buildings22€338k€577k
Plant, machinery and equipment23€92k€72k
Furniture and vehicles24€59k€38k
Financial fixed assets28€14k€14k=
Current assets29/58€513k€574k
Stocks and contracts in progress3€133k€72k
Stocks30/36€18k€18k=
Contracts in progress37€115k€54k
Amounts receivable within one year40/41€123k€325k
Trade receivables40€87k€310k
Other amounts receivable41€35k€14k
Cash at bank and in hand54/58€255k€174k
Deferred charges and accrued income490/1€2k€4k
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.27M
Equity10/15€863k€934k
Contributions10/11€32k€32k=
Reserves13€831k€902k
Distributable reserves133€831k€902k
Amounts payable17/49€155k€340k
Amounts payable after more than one year17-€130k
Financial debts170/4-€130k
Amounts payable within one year42/48€147k€210k
Current portion of amounts payable after more than one year42€0€13k
Trade debts44€21k€56k
Suppliers440/4€21k€56k
Taxes, remuneration and social security45€11k€13k
Taxes450/3€2k€5k
Remuneration and social security454/9€9k€7k
Other amounts payable47/48€115k€128k
Accrued charges and deferred income492/3€8k€0
Income statement Code20242025
Turnover70€1.24M€1.24M=
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€789k€677k
Remuneration, social security and pensions62€403k€352k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€54k
Other operating charges640/8€6k€5k
Non-recurring operating charges66A-€175
Gross operating margin9900€583k€518k
Operating profit (loss)9901€129k€106k
Financial income75/76B€516€1k
Recurring financial income75€516€1k
Financial charges65/66B€8k€12k
Recurring financial charges65€8k€12k
Profit (loss) for the period before taxes9903€122k€95k
Income taxes67/77€36k€24k
Profit (loss) for the period9904€86k€72k
Profit (loss) for the period to be appropriated9905€86k€72k
Appropriation of the result
Profit (loss) to be appropriated9906€86k€72k
Transfer to equity691/2€86k€72k
To other reserves6921€86k€72k
Social balance
Average headcount (FTE)90876.35.8

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 4.88
Current ratio from 2.43 to 4.88; short-term debt falls from €313k to €130k.
03-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
04-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
08-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €260k
Net result €260k after one loss-making year.
03-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
17-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
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
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, Maldegem · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Verbranden Bos 299991 Maldegem
Ground area
1,437 m²
Building footprint
162 m²
Volume, LiDAR
902 m³
Parcel 43001H0917/00E000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRENDA
Verbranden Bos 29, 9991 MaldegemAir transport
since 19932.063.998.959
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43001H0917/00E000 Flanders 1,437 m² 1 · 162 m² 7.6 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 177 EUR awarded · 177 EUR paid
Year Entries awardedpaid
2024 1 177 EUR177 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 177 EUR · 177 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 3,841 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-04-1993
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68310Real estate agency activities
68311Real estate activities
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
74209Other photographic activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.