Financials
- Fiscal year
- 2025
- Turnover
- €33.7m
- Profit
- €3.0m
- Solvency
- 38.5%
Turnover▲ 2.1%
Net result
20182025
TRESCAL
ActiveSummary
TRESCAL has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.2m and a net result of €3.0m. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 177 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Installation of industrial machinery and equipment
NACE 33200Wholesale trade NACE 46646NACE 46696
#1 employer in the province of Antwerp, Repair and installation of machinery sector2 sites
Size
€33.7mturnover 2025
- Staff
- 221.4 FTE
- Equity
- €13.2m
- Profit
- €3.0m
Structure
- Parent
- Financière Esterél · 99.96%
- Board
- 4 members
- Holdings
- 2
Auditor: BV MOORE AUDITAccounts 58 d early
Why 88- Liquidity: current ratio 0.64, cash €6,048, halved- Sector Repair, maintenance and installation of machinery and equipment (NACE 33)+ Size: turnover €33.7m, 221.4 FTE, total assets €34.1m+ Founded in 1974Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Better than 62% of its sector peers (NACE 33, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
64+2
equity 38.5% of total assets
Liquidity
34-12
short-term debt 35.3% · cash 0.0%
Profitability
77+16
return on assets 8.7%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● 0.0% vs 11-2024
01-2025: 0.5%● 0.0% vs 12-2024
02-2025: 0.5%▼ -3.6% vs 01-2025
03-2025: 0.5%▲ +1.4% vs 02-2025
04-2025: 0.5%▲ +3.8% vs 03-2025
05-2025: 0.6%▲ +17.4% vs 04-2025
06-2025: 0.7%▲ +2.8% vs 05-2025highest value
07-2025: 0.5%▼ -21.7% vs 06-2025
08-2025: 0.5%● 0.0% vs 07-2025
09-2025: 0.5%● 0.0% vs 08-2025
10-2025: 0.5%● 0.0% vs 09-2025
11-2025: 0.5%● 0.0% vs 10-2025
12-2025: 0.5%● 0.0% vs 11-2025
01-2026: 0.5%● 0.0% vs 12-2025
02-2026: 0.5%▼ -3.7% vs 01-2026
03-2026: 0.5%▲ +1.6% vs 02-2026
04-2026: 0.2%▼ -50.6% vs 03-2026lowest value
05-2026: 0.3%▲ +3.2% vs 04-2026
06-2026: 0.3%▲ +2.7% vs 05-2026
07-2026: 0.3%▼ -0.4% vs 06-2026
08-2026: 0.3%● 0.0% vs 07-2026
09-2026: 0.3%● 0.0% vs 08-2026
10-2026: 0.3%● 0.0% vs 09-2026
- Liquidity: current ratio 0.64, cash €6,048, halved raises the probability
- Size: turnover €33.7m, 221.4 FTE, total assets €34.1m lowers the probability for this profile
- Founded in 1974 lowers the probability for this profile
- Sector Repair, maintenance and installation of machinery and equipment (NACE 33) raises the probability
Credit up to €1,150,000 at 30 days acceptable
Liquidity short (current ratio 0.64 against 1.7 in 2024; short-term debt: 35.3% and cash: 0% of total assets), and 61.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 33, medium-sized). Better than this share of them on solvency 73%, liquidity 52%, profitability 82%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
51 d early
2023
on the day
2022
11 d early
2021
4 d early
2020
16 d early
2019
3 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 20 July (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: Guy De Decker (veiligheidsverantwoordelijke)Power of attorney
- Appointment: Lieve Bussels (director)State Gazette act
- Resignations: Daniel Jürgens Mestre (director) and…Appointments: Marie Zoé Beaugrand (director)…
Key points
- Positive: Employer in the province of Antwerp, Repair and…in the Checked rankings #1 View
- Positive: 7 years of growth in a rowturnover 2025: €33.7m 7 years View
- Board changedlatest change 02-10-2026 · 4 in office 3 joined · 3 left View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Controlled by Financière Esterélknown shareholders 100% 99.96% View
- Active since 1974founded 29-07-1974 52 years View
By topic
Board & ownership
- Board
- 4 members
- Parent
- Financière Esterél · 99.96%
- Known shareholders
- 100%
- Auditor
- BV MOORE AUDIT
Go to Board & ownership
Network & group
- Group
- Talbot International SAS
- Subsidiaries
- 2
- Connected companies
- 1
- Mergers and contributions
- 6
2 subsidiaries
Timeline
- Events
- 50
- Since
- 2011
- Next accounts
- by 31-07-2027
- 02-10-2026Resignation: Guy De Decker (veiligheidsverantwoordelijke)
- 12-08-2026Appointment: Lieve Bussels (director)
- 11-06-2026Resignations: Daniel Jürgens Mestre (director) and Mark…
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Installation of industrial machinery and equipmentNACE 33200
- Founded
- 29-07-1974
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- Het voeren van administratie ten behoeve van in binnen- en buitenland gevestigde…
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