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TREVCO

Active
Private limited company (pre-2019)founded 200323 yrs activeOordegemstraat 91, 9520 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 0860.234.107
Summary

TREVCO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,218 and a net result of €16,910. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 795 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability85▼-1
Solvency83▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.17 in 2024; short-term debt: 19.3% and cash: 1.4% of total assets), and 42.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
57.6%
Return on assets
12.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
53 d late
2024
25 d late
2023
29 d late
2022
40 d early
2021
31 d late
2020
36 d early
2019
91 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 22 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% 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 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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

History

TREVCO was incorporated on 20 June 2003.1 Total assets rose from EUR 113,655 in 2018 to EUR 132,389 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€76,218▲ 26.7%
2024 · €60,141
Total assets
€132,389▲ 16.2%
2024 · €113,935
Net result
€16,910▲ 8.4%
2024 · €15,594
Working capital
€24,355▲ 452%
2024 · €4,410
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€10,423▼ 20.3%€9,821▼ 5.8%€17,536▲ 78.6%€23,158▲ 32.1%€27,347▲ 18.1%
Net result€5,604within the sector's middle half▼ 36.6%€5,767within the sector's middle half▲ 2.9%€11,101within the sector's middle half▲ 92.5%€15,594within the sector's middle half▲ 40.5%€16,910within the sector's middle half▲ 8.4%
Equity€30,172within the sector's middle half▲ 18.9%€35,138within the sector's middle half▲ 16.5%€45,406within the sector's middle half▲ 29.2%€60,141within the sector's middle half▲ 32.5%€76,218within the sector's middle half▲ 26.7%
Total assets€100,763within the sector's middle half▼ 3.8%€94,933within the sector's middle half▼ 5.8%€110,190within the sector's middle half▲ 16.1%€113,935within the sector's middle half▲ 3.4%€132,389within the sector's middle half▲ 16.2%
Debt€70,591▼ 11.1%€59,794▼ 15.3%€64,784▲ 8.3%€53,794▼ 17.0%€56,171▲ 4.4%
Working capital-€20,895below the sector's middle half▲ 22.9%-€15,072below the sector's middle half▲ 27.9%-€7,634below the sector's middle half▲ 49.3%€4,410within the sector's middle half€24,355within the sector's middle half▲ 452%
Solvency29.9%within the sector's middle half▲ 5.7pp37.0%within the sector's middle half▲ 7.1pp41.2%within the sector's middle half▲ 4.2pp52.8%within the sector's middle half▲ 11.6pp57.6%within the sector's middle half▲ 4.8pp
Current ratio0.26below the sector's middle half▲ 0.080.31below the sector's middle half▲ 0.050.76below the sector's middle half▲ 0.451.17within the sector's middle half▲ 0.421.95within the sector's middle half▲ 0.78
Return on assets (ROA)5.6%within the sector's middle half▼ 2.9pp6.1%within the sector's middle half▲ 0.5pp10.1%within the sector's middle half▲ 4.0pp13.7%within the sector's middle half▲ 3.6pp12.8%within the sector's middle half▼ 0.9pp
above within below the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2021: €10,423€10,423Net result 2021: €5,604€5,604Operating result 2022: €9,821€9,821Net result 2022: €5,767€5,767Operating result 2023: €17,536€17,536Net result 2023: €11,101€11,101Operating result 2024: €23,158€23,158Net result 2024: €15,594€15,594Operating result 2025: €27,347€27,347Net result 2025: €16,910€16,91020212022202320242025€0€10,000€20,000€30,000Operating result 2023: €17,536€17,500Net result 2023: €11,101€11,100Operating result 2024: €23,158€23,200Net result 2024: €15,594€15,600Operating result 2025: €27,347€27,300Net result 2025: €16,910€16,900202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132,389
Fixed assets €82,436 ▼ 2.0%
Current assets €49,953 ▲ 67.6%
Equity and liabilities €132,389
Equity €76,218 ▲ 26.7%
Debt €56,171 ▲ 4.4%
Debt's share of the balance-sheet total falls from 47.2% to 42.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35,311▲
2024 · €29,186
Cash flow
€24,875▲
2024 · €21,622
Debt to equity
0.74▼
2024 · 0.89
ROE
22.2%▼
2024 · 25.9%
Interest coverage
7.70▼
2024 · 20.34
Debt ≤ 1 year
€25,598▲
2024 · €25,390
Debt > 1 year
€24,815▼
2024 · €28,400
Income taxes
€7,223▲
2024 · €6,802
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 31,371 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€113,935€132,389▲
Fixed assets21/28€84,135€82,436▼
Tangible fixed assets22/27€67,885€66,186▼
Furniture and vehicles24€411€4,408▲
Other tangible fixed assets26€67,474€61,778▼
Financial fixed assets28€16,250€16,250=
Current assets29/58€29,800€49,953▲
Amounts receivable within one year40/41€20,075€46,230▲
Trade receivables40€3,939€12,041▲
Other amounts receivable41€16,136€34,190▲
Cash at bank and in hand54/58€8,682€1,824▼
Deferred charges and accrued income490/1€1,043€1,898▲
Equity and liabilities
Total equity and liabilities10/49€113,935€132,389▲
Equity10/15€60,141€76,218▲
Contributions10/11€18,600€18,600=
Reserves13€39,660€56,560▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€37,800€54,700▲
Profit (loss) carried forward14€1,881€1,058▼
Amounts payable17/49€53,794€56,171▲
Amounts payable after more than one year17€28,400€24,815▼
Financial debts170/4€28,400€24,815▼
Amounts payable within one year42/48€25,390€25,598▲
Current portion of amounts payable after more than one year42€4,577€7,624▲
Trade debts44€4,428€6,103▲
Suppliers440/4€4,428€6,103▲
Taxes, remuneration and social security45€10,276€11,038▲
Taxes450/3€10,276€11,038▲
Other amounts payable47/48€6,109€833▼
Accrued charges and deferred income492/3€4€5,758▲
Income statement Code20242025
Non-recurring operating income76A€2,066-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,028€7,965▲
Other operating charges640/8€2,384€1,699▼
Gross operating margin9900€31,571€37,011▲
Operating profit (loss)9901€23,158€27,347▲
Financial income75/76B€672€1,374▲
Recurring financial income75€672€1,374▲
Financial charges65/66B€1,435€4,588▲
Recurring financial charges65€1,435€4,588▲
Profit (loss) for the period before taxes9903€22,395€24,133▲
Income taxes67/77€6,802€7,223▲
Profit (loss) for the period9904€15,594€16,910▲
Profit (loss) for the period to be appropriated9905€15,594€16,910▲
Appropriation of the result
Profit (loss) to be appropriated9906€18,240€18,791▲
Profit (loss) brought forward from the previous period14P€2,646€1,881▼
Transfer to equity691/2€15,500€16,900▲
To other reserves6921€15,500€16,900▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€2,066--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,406€5,406€5,800€6,028€7,965▲ 32.1%
Other operating charges640/8€1,432€1,675€1,634€2,384€1,699▼ 28.7%
Gross operating margin9900€17,261€16,901€24,970€31,571€37,011▲ 17.2%
Operating profit (loss)9901€10,423€9,821€17,536€23,158€27,347▲ 18.1%
Financial income75/76B€1€0€111€672€1,374▲ 104%
Recurring financial income75€1€0€111€672€1,374▲ 104%
Financial charges65/66B€1,532€921€1,346€1,435€4,588▲ 220%
Recurring financial charges65€1,532€921€1,346€1,435€4,588▲ 220%
Profit (loss) for the period before taxes9903€8,891€8,900€16,301€22,395€24,133▲ 7.8%
Income taxes67/77€3,288€3,133€5,200€6,802€7,223▲ 6.2%
Profit (loss) for the period9904€5,604€5,767€11,101€15,594€16,910▲ 8.4%
Profit (loss) for the period to be appropriated9905€5,604€5,767€11,101€15,594€16,910▲ 8.4%
Line20212022202320242025Change
Assets
Total assets20/58€100,763€94,933€110,190€113,935€132,389▲ 16.2%
Fixed assets21/28€93,590€88,184€86,413€84,135€82,436▼ 2.0%
Tangible fixed assets22/27€81,090€75,684€73,913€67,885€66,186▼ 2.5%
Furniture and vehicles24--€742€411€4,408▲ 973%
Other tangible fixed assets26€81,090€75,684€73,171€67,474€61,778▼ 8.4%
Financial fixed assets28€12,500€12,500€12,500€16,250€16,250=
Current assets29/58€7,173€6,749€23,777€29,800€49,953▲ 67.6%
Amounts receivable within one year40/41€5,445€4,973€13,609€20,075€46,230▲ 130%
Trade receivables40€5,445€4,973€7,268€3,939€12,041▲ 206%
Other amounts receivable41--€6,342€16,136€34,190▲ 112%
Cash at bank and in hand54/58€781€754€9,714€8,682€1,824▼ 79.0%
Deferred charges and accrued income490/1€946€1,023€453€1,043€1,898▲ 82.0%
Equity and liabilities
Total equity and liabilities10/49€100,763€94,933€110,190€113,935€132,389▲ 16.2%
Equity10/15€30,172€35,138€45,406€60,141€76,218▲ 26.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€7,360€13,060€24,160€39,660€56,560▲ 42.6%
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€5,500€11,200€22,300€37,800€54,700▲ 44.7%
Profit (loss) carried forward14€4,212€3,478€2,646€1,881€1,058▼ 43.8%
Amounts payable17/49€70,591€59,794€64,784€53,794€56,171▲ 4.4%
Amounts payable after more than one year17€42,149€37,765€33,310€28,400€24,815▼ 12.6%
Financial debts170/4€42,149€37,765€33,310€28,400€24,815▼ 12.6%
Amounts payable within one year42/48€28,068€21,821€31,411€25,390€25,598▲ 0.8%
Current portion of amounts payable after more than one year42€4,313€4,384€7,831€4,577€7,624▲ 66.6%
Financial debts43-€14----
Credit institutions430/8-€14----
Trade debts44€5,631€6,630€10,717€4,428€6,103▲ 37.8%
Suppliers440/4€5,631€6,630€10,717€4,428€6,103▲ 37.8%
Taxes, remuneration and social security45€5,534€6,250€10,531€10,276€11,038▲ 7.4%
Taxes450/3€5,534€6,250€8,231€10,276€11,038▲ 7.4%
Remuneration and social security454/9--€2,300---
Other amounts payable47/48€12,590€4,544€2,333€6,109€833▼ 86.4%
Accrued charges and deferred income492/3€374€209€63€4€5,758▲ 131,057%
Line20212022202320242025Change
Profit (loss) for the period9904€5,604€5,767€11,101€15,594€16,910▲ 8.4%
+ Depreciation and write-downs630€5,406€5,406€5,800€6,028€7,965▲ 32.1%
Operating cash flow (approximation)€11,010€11,173€16,901€21,622€24,875▲ 15.0%
Investment in fixed assets (approximation)-€0-€4,030-€3,750-€6,266▼ 67.1%
Change in cash--€28€8,961-€1,033-€6,857▼ 564%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
31-12
Financial Highest result since 2018net €16,910 ▲8.4%
Operating result €27,347, net result €16,910, both a record.
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
21-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 60 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Lievens-Houtem · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
388 m²
Building footprint
99 m²
Parcel 41072E0569/00D000, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Trevco
Oordegemstraat 91, 9520 Sint-Lievens-HoutemComputing infrastructure, data processing, hosting and other information service activities
since 20032.132.626.063
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41072E0569/00D000 Flanders 388 m² 1 · 99 m² 0.0 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

According to the 2025 annual accounts of TREVCO 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

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,357 companies in this sector we hold annual accounts for 1,365. 1,084 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded20-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
78100Employment placement agencies
69209Other tax advisory services
Contact
E-mail info@trevco.beSint-Lievens-Houtem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0860234107
Also 9925:BE0860234107
Registered 13-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.