TREVI
ActiveSummary
TREVI has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.9m and a net result of €1.5m. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 118 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Click a name to add, emphasise or remove a line.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €33.7m | €43.8m | €60.1m | €37.8m | ▼ 37.1% |
| Turnover70 | €26.8m | €31.9m | €42.8m | €58.0m | €36.2m | ▼ 37.5% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €225,173 | -€171,122 | €192,284 | €150,493 | ▼ 21.7% |
| Own construction capitalised72 | - | €961,064 | €154,231 | €1.2m | €863,789 | ▼ 29.4% |
| Other operating income74 | - | €568,494 | €382,736 | €550,322 | €465,002 | ▼ 15.5% |
| Non-recurring operating income76A | - | €48,354 | €618,084 | €184,583 | €99,751 | ▼ 46.0% |
| Operating charges60/66A | - | €31.8m | €40.0m | €56.5m | €35.8m | ▼ 36.6% |
| Goods for resale, raw materials and consumables60 | - | €17.5m | €24.1m | €34.7m | €16.2m | ▼ 53.2% |
| Purchases600/8 | - | €17.5m | €26.0m | €34.2m | €16.9m | ▼ 50.6% |
| Change in stocks: decrease (increase)609 | - | €36,766 | -€1.9m | €453,564 | -€673,659 | ▼ 249% |
| Services and other goods61 | - | €3.9m | €3.9m | €5.4m | €5.4m | ▼ 0.1% |
| Remuneration, social security and pensions62 | - | €8.1m | €9.3m | €13.5m | €11.5m | ▼ 15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.0m | €2.0m | €2.0m | €2.4m | €2.5m | ▲ 1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €858 | €33,156 | €122,814 | €40,359 | ▼ 67.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €17,648 | €6,859 | €8,158 | €201 | ▼ 97.5% |
| Other operating charges640/8 | - | €230,331 | €98,378 | €186,421 | €124,895 | ▼ 33.0% |
| Non-recurring operating charges66A | - | €18,366 | €538,284 | €42,868 | €9,621 | ▼ 77.6% |
| Operating profit (loss)9901 | €2.5m | €2.0m | €3.7m | €3.6m | €2.0m | ▼ 45.9% |
| Financial income75/76B | - | €185,412 | €75,360 | €97,583 | €54,857 | ▼ 43.8% |
| Recurring financial income75 | €240,079 | €185,412 | €75,360 | €97,583 | €54,857 | ▼ 43.8% |
| Income from financial fixed assets750 | - | €24,664 | €3,062 | €36,616 | €27,674 | ▼ 24.4% |
| Income from current assets751 | - | €138,374 | €49,136 | €11,506 | €411 | ▼ 96.4% |
| Other financial income752/9 | - | €22,374 | €23,161 | €49,461 | €26,772 | ▼ 45.9% |
| Financial charges65/66B | - | €171,728 | €141,833 | €158,687 | €184,652 | ▲ 16.4% |
| Recurring financial charges65 | €155,803 | €171,728 | €141,833 | €158,687 | €184,652 | ▲ 16.4% |
| Debt charges650 | €136,722 | €157,885 | €111,121 | €130,945 | €127,705 | ▼ 2.5% |
| Other financial charges652/9 | - | €13,843 | €30,712 | €27,741 | €56,947 | ▲ 105% |
| Non-recurring financial charges66B | - | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2.6m | €2.0m | €3.7m | €3.6m | €1.8m | ▼ 48.6% |
| Transfer from deferred taxes780 | - | €17,622 | €19,525 | €14,444 | €11,555 | ▼ 20.0% |
| Transfer to deferred taxes680 | - | €10,238 | €0 | - | - | - |
| Income taxes67/77 | €474,788 | €368,500 | €781,531 | €715,516 | €360,957 | ▼ 49.6% |
| Taxes670/3 | - | €368,500 | €795,413 | €715,516 | €360,957 | ▼ 49.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | €13,882 | €0 | - | - |
| Profit (loss) for the period9904 | €2.1m | €1.6m | €2.9m | €2.9m | €1.5m | ▼ 48.3% |
| Transfer from tax-exempt reserves789 | - | €230,866 | €236,575 | €221,331 | €34,665 | ▼ 84.3% |
| Transfer to tax-exempt reserves689 | - | €191,440 | €171,007 | €236,749 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €2.0m | €1.7m | €3.0m | €2.9m | €1.5m | ▼ 46.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42.1m | €25.0m | €27.3m | €24.4m | €25.6m | ▲ 4.8% |
| Fixed assets21/28 | €16.7m | €10.9m | €10.0m | €10.0m | €10.4m | ▲ 4.4% |
| Intangible fixed assets21 | €2.0m | €1.8m | €1.6m | €1.4m | €1.3m | ▼ 8.5% |
| Tangible fixed assets22/27 | €9.1m | €9.1m | €8.4m | €8.4m | €9.1m | ▲ 8.6% |
| Land and buildings22 | - | €337,934 | €331,178 | €339,492 | €411,829 | ▲ 21.3% |
| Plant, machinery and equipment23 | - | €7.7m | €6.6m | €6.5m | €6.0m | ▼ 7.4% |
| Furniture and vehicles24 | - | €1.0m | €1.5m | €1.5m | €2.7m | ▲ 73.3% |
| Financial fixed assets28 | €5.6m | €6,063 | €6,000 | €172,090 | €6,000 | ▼ 96.5% |
| Affiliated companies280/1 | - | €6,063 | €6,000 | €172,090 | €6,000 | ▼ 96.5% |
| Participating interests280 | - | €6,063 | €6,000 | €172,090 | €6,000 | ▼ 96.5% |
| Amounts receivable281 | - | €0 | - | - | - | - |
| Current assets29/58 | €25.3m | €14.1m | €17.3m | €14.4m | €15.2m | ▲ 5.1% |
| Amounts receivable after more than one year29 | - | €33,300 | €19,980 | €34,990 | €34,990 | = |
| Other amounts receivable291 | - | €33,300 | €19,980 | €34,990 | €34,990 | = |
| Stocks and contracts in progress3 | €1.4m | €1.9m | €3.6m | €3.4m | €4.2m | ▲ 25.5% |
| Stocks30/36 | - | €1.4m | €3.3m | €2.9m | €1.1m | ▼ 60.8% |
| Raw materials and consumables30/31 | - | €1.4m | €3.3m | €2.9m | €1.1m | ▼ 60.8% |
| Contracts in progress37 | - | €447,704 | €276,582 | €468,866 | €3.1m | ▲ 559% |
| Amounts receivable within one year40/41 | €23.3m | €11.9m | €13.0m | €10.6m | €10.0m | ▼ 5.6% |
| Trade receivables40 | - | €10.1m | €11.9m | €10.1m | €9.7m | ▼ 3.4% |
| Other amounts receivable41 | - | €1.8m | €1.1m | €477,268 | €232,690 | ▼ 51.2% |
| Cash at bank and in hand54/58 | €145,122 | €99,737 | €298,821 | €166,347 | €328,548 | ▲ 97.5% |
| Deferred charges and accrued income490/1 | - | €192,071 | €426,267 | €330,437 | €635,895 | ▲ 92.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42.1m | €25.0m | €27.3m | €24.4m | €25.6m | ▲ 4.8% |
| Equity10/15 | €8.5m | €8.5m | €8.4m | €8.4m | €9.9m | ▲ 17.7% |
| Contributions10/11 | €331,100 | €331,100 | €331,100 | €331,100 | €331,100 | = |
| Capital10 | - | €331,100 | €331,100 | €331,100 | €331,100 | = |
| Issued capital100 | - | €331,100 | €331,100 | €331,100 | €331,100 | = |
| Reserves13 | €8.2m | €8.1m | €8.1m | €8.1m | €9.6m | ▲ 18.4% |
| Non-distributable reserves130/1 | - | €33,110 | €33,110 | €33,110 | €33,110 | = |
| Legal reserve130 | - | €33,110 | €33,110 | €33,110 | €33,110 | = |
| Tax-exempt reserves132 | - | €8.1m | €8.0m | €8.1m | €8.0m | ▼ 0.4% |
| Distributable reserves133 | - | - | - | - | €1.5m | - |
| Provisions and deferred taxes16 | €63,495 | €73,759 | €61,093 | €54,808 | €43,454 | ▼ 20.7% |
| Provisions for liabilities and charges160/5 | - | €17,648 | €24,507 | €32,666 | €32,867 | ▲ 0.6% |
| Other liabilities and charges164/5 | - | €17,648 | €24,507 | €32,666 | €32,867 | ▲ 0.6% |
| Deferred taxes168 | - | €56,111 | €36,586 | €22,142 | €10,587 | ▼ 52.2% |
| Amounts payable17/49 | €33.5m | €16.4m | €18.9m | €15.9m | €15.6m | ▼ 1.9% |
| Amounts payable after more than one year17 | €6.9m | €6.2m | €5.5m | €4.6m | €3.9m | ▼ 15.7% |
| Financial debts170/4 | - | €6.2m | €5.5m | €4.6m | €3.9m | ▼ 15.7% |
| Credit institutions173 | - | €6.2m | €5.5m | €4.6m | €3.9m | ▼ 15.7% |
| Amounts payable within one year42/48 | €26.3m | €10.2m | €13.3m | €11.3m | €11.7m | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €721,143 | €721,143 | €721,143 | €721,143 | = |
| Trade debts44 | €2.5m | €4.8m | €4.2m | €3.5m | €3.0m | ▼ 12.6% |
| Suppliers440/4 | - | €4.8m | €4.2m | €3.5m | €3.0m | ▼ 12.6% |
| Advances received on contracts in progress46 | - | €2.0m | €4.3m | €1.4m | €2.3m | ▲ 64.5% |
| Taxes, remuneration and social security45 | - | €1.0m | €1.1m | €1.2m | €1.4m | ▲ 15.3% |
| Taxes450/3 | - | €9,870 | €0 | €22,521 | €10,406 | ▼ 53.8% |
| Remuneration and social security454/9 | - | €990,688 | €1.1m | €1.2m | €1.4m | ▲ 16.6% |
| Other amounts payable47/48 | - | €1.7m | €3.0m | €4.6m | €4.4m | ▼ 5.1% |
| Accrued charges and deferred income492/3 | - | €45,328 | €66,330 | €11,600 | €28,641 | ▲ 147% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.1m | €1.6m | €2.9m | €2.9m | €1.5m | ▼ 48.3% |
| + Depreciation and write-downs630 | €2.0m | €2.0m | €2.0m | €2.4m | €2.5m | ▲ 1.2% |
| Operating cash flow (approximation) | €4.1m | €3.6m | €4.9m | €5.3m | €4.0m | ▼ 25.6% |
| Investment in fixed assets (approximation) | - | €3.9m | -€1.1m | -€2.4m | -€2.9m | ▼ 20.6% |
| Change in cash | - | -€45,385 | €199,084 | -€132,474 | €162,201 | ▲ 222% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
03-09
State Gazette act
Permanent representatives: Kurt Verweire and Tim Van HullebuschReappointments: Kurt Verweire BV (director) and Figurad Bedrijfsrevisoren BV (statutory auditor)5 facts ▸
- General meeting, 24-07-2026
- Permanent representative, Kurt Verweire (permanent representative)
- Permanent representative, Tim Van Hullebusch (permanent representative)
- Director reappointment, Kurt Verweire BV (director)
- Auditor reappointment, Figurad Bedrijfsrevisoren BV (statutory auditor)
20-01
State Gazette act
Capital & shares · RestructuringMerger · Dissolution · Accounting effect8 facts ▸
- General meeting, 22-12-2025
- Merger, jaarrekening per 31 december 2025, 01-01-2026
- Dissolution, 01-01-2026
- Accounting effect, 01-01-2026
- Shareholding, TREVI is houdster van alle aandelen van de overgenomen vennootschap; geen nieuwe aandelen uitgegeven (art. 12:57 WVV)
- Real estate, geen eigenares van onroerende goederen noch titularis van enig onroerend zakelijk recht
- Encumbrance, handelsfonds vrij van inschrijvingen (pandregister)
- Personnel transfer, personeel overgenomen met bestaande rechten, plichten en anciënniteit met ingang van 1 januari 2026
About the unread acts
Of the 31 Belgian State Gazette acts we know for this company, 2 have been read. The other 29 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Permanent representatives 1
Statutory auditor 1
Not every act has been read: a resignation may be missing here
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010D0245/00M002 | Flanders | 3.2 ha | 1 · 835 m² | 8.6 m · 2 fl. |
| 44362B0014/00G003 | Flanders | 6,113 m² | 1 · 5,216 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Kurt Verweire BV |
|
| FIGURAD BEDRIJFSREVISOREN |
|
Articles of association
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Acquisitions and mergers
1 transactionPublic money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 128,999 EUR awarded · 120,191 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 57,975 EUR | 49,167 EUR |
| 2024 | 2 | 18,514 EUR | 18,514 EUR |
| 2023 | 2 | 30,071 EUR | 30,071 EUR |
| 2022 | 2 | 22,439 EUR | 22,439 EUR |
Recognitions · licences · registrations
Recognised contractor
5 categoriesLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Register as of 26 September 2026 · Peppol Directory
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