TREVAN
InactiveTREVAN was declared bankrupt on 16-07-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 12-06-2025, published in the Belgian State Gazette on 17-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2024 close31-10-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-10-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
3 d early
2021
2 d early
2020
1 d early
2019
251 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€32k▲ 9.5%
2022 · €30k
2019: €86k
2020: €51k
2021: €31k
2022: €30k
2019 → 2023
Total assets
€300k▲ 2.4%
2022 · €293k
2019: €328k
2020: €188k
2021: €203k
2022: €293k
2019 → 2023
Net result
€3k
2022 · €-2k
2019: €1k
2020: €-35k
2021: €-20k
2022: €-2k
2019 → 2023
Working capital
€274k▼ 3.1%
2022 · €283k
2019: €85k
2020: €51k
2021: €26k
2022: €283k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€86k-€51k▼ 40.5%€31k▼ 38.5%€30k▼ 5.9%€32k▲ 9.5%
Operating result€5k-€-28k€-10k▲ 64.9%€2k€873▼ 59.9%
Net result€1k-€-35k€-20k▲ 43.4%€-2k▲ 90.5%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 60% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €300k
Fixed assets
€6k ▲ 12.0%
Current assets
€294k ▲ 2.3%
Equity and liabilities €300k
Equity
€32k ▲ 9.5%
Debt
€268k ▲ 1.6%
Debt's share of the balance-sheet total falls from 89.9% to 89.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▼
2022 · €4k
Cash flow
€5k▲
2022 · €-80
Current ratio
14.88▼
2022 · 65.17
Debt to equity
8.27▼
2022 · 8.91
ROE
8.7%▲
2022 · -6.3%
ROA
0.9%▲
2022 · -0.6%
Interest coverage
0.67▼
2022 · 1.04
Debt ≤ 1 year
€20k▲
2022 · €4k
Debt > 1 year
€248k▼
2022 · €259k
Income taxes
€494▲
2022 · €217
Staff costs
€45k▲
2022 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 47 lines
Balance sheet
Code20222023
Assets
Total assets20/58€293k€300k▲
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€300€2k▲
Furniture and vehicles24€494€132▼
Current assets29/58€287k€294k▲
Amounts receivable within one year40/41€15k€8k▼
Other amounts receivable41€15k€8k▼
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€91k€47k▼
Deferred charges and accrued income490/1€180k€237k▲
Equity and liabilities
Total equity and liabilities10/49€293k€300k▲
Equity10/15€30k€32k▲
Contributions10/11€74k€74k=
Capital10€74k-
Issued capital100€74k-
Reserves13€12k€12k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k-
Reserves not available under the articles1311-€7k
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-56k€-53k▲
Amounts payable17/49€263k€268k▲
Amounts payable after more than one year17€259k€248k▼
Financial debts170/4€259k€248k▼
Amounts payable within one year42/48€4k€20k▲
Current portion of amounts payable after more than one year42-€14k
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€1k€589▼
Remuneration and social security454/9€3k€5k▲
Income statement
Code20222023
Remuneration, social security and pensions62€23k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€842€1k▲
Gross operating margin9900€28k€49k▲
Operating profit (loss)9901€2k€873▼
Financial income75/76B-€7k
Recurring financial income75-€7k
Non-recurring financial income76B-€7k
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-2k€3k▲
Income taxes67/77€217€494▲
Profit (loss) for the period9904€-2k€3k▲
Profit (loss) for the period to be appropriated9905€-2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-53k▲
Profit (loss) brought forward from the previous period14P€-54k€-56k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · TREVAN BV BEAUDUINSTRAAT 44, 3300 TIENEN · event 12-06-2025
2024
22-07
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · TREVAN BV BEAUDUIN- STRAAT 44, 3300 TIENEN · event 16-07-2024
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity times 57current ratio 65.17
Current ratio from 1.15 to 65.17; short-term debt falls from €171k to €4k.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 251 days late
31-03
Financial
Weakest financial yearnet €-35k ▼3231%
Net result drops to €-35k, the lowest in the series.
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 52 days late
2014
14-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
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.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DE MAESENEER ENGELS PLEIN 35,
3000 LEUVEN |
16-07-2024 → 12-06-2025 |
| Curator | SVEN
DE MAESENEER ENGELS PLEIN 35, 3000 LEUVEN- |
16-07-2024 → 12-06-2025 |
| Curator | STEVEN NYSTEN ENGELS
PLEIN 35, 3000 LEUVEN |
16-07-2024 → 12-06-2025 |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 4 entries · 32,620 EUR awarded · 32,620 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 264 EUR | 264 EUR |
| 2022 | 3 | 32,356 EUR | 32,356 EUR |
Schemes
Vlaams beschermingsmechanisme 12 (stopgezet)
Vlaams Beschermingsmechanisme 11 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)