Equity
-€87,319
Debts exceed assets in financial year 2025.
TREVI BRUXELLES
Lifetime
20 annual accounts with figures on one time axis, 46 filings since 1980peak €7.2m (2019)
-not published
lowest -€1.6m (2025)
-€1.6m▼ €1.0m
peak €2.8m (2022)
-€87,319▼ €1.6m
€1.8m▲ 20.7%
peak 19.7 FTE (2013)
12.5 FTE▼ 1.6%
Board21 names since 2004all names
4 directorsBE TYCOON REAL ESTATE & FINANCE and 3 others
Owners5 names in the annual accounts
consolidatesEmeria Europe SAS
Documentsfilings and deeds
27-10-202688 days late
2025financial year
Gross margin from €311,998 to -€493,264Loss of €1.6m1 director appointed, 1 statutory auditor appointed, 1 resign… 31-12Equity from €1.5m to -€87,319Debts from €1.5m to €1.8m
Key points
from the 2025 annual accountsLosses
-€2.9m in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€1.8m 105% of the balance sheet
Financial debts 69%Suppliers 25%Taxes and wages 6%
Of this, €556,153 falls due within a year.
Staff
12.5 FTE from 19.7 in 2013
Between 2013 and 2025, 37% of the full-time equivalents disappeared.
Filings
46 annual accounts 88 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€1.6m
Lower net result than 95% of companies in real estate. Sector median €20,538 · 5,811 companies.
Checked score
30
Weak
Financially stronger than 11% of small companies in real estate (NACE 68)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
8.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,998 companies (NACE 68, small).
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%lowest value
01-2025: 2.0%● unchanged vs 12-2024lowest value
02-2025: 2.0%● unchanged vs 01-2025lowest value
03-2025: 2.4%▲ +0.4 percentage points vs 02-2025
04-2025: 2.3%▼ -0.1 percentage points vs 03-2025
05-2025: 2.3%● unchanged vs 04-2025
06-2025: 2.2%▼ -0.1 percentage points vs 05-2025
07-2025: 2.4%▲ +0.2 percentage points vs 06-2025
08-2025: 2.7%▲ +0.3 percentage points vs 07-2025
09-2025: 2.7%● unchanged vs 08-2025
10-2025: 3.1%▲ +0.4 percentage points vs 09-2025
11-2025: 3.2%▲ +0.1 percentage points vs 10-2025
12-2025: 3.7%▲ +0.5 percentage points vs 11-2025
01-2026: 2.2%▼ -1.5 percentage points vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.4%▲ +0.2 percentage points vs 02-2026
04-2026: 2.6%▲ +0.2 percentage points vs 03-2026
05-2026: 2.6%● unchanged vs 04-2026
06-2026: 2.6%● unchanged vs 05-2026
07-2026: 2.6%● unchanged vs 06-2026
08-2026: 3.2%▲ +0.6 percentage points vs 07-2026
09-2026: 3.1%▼ -0.1 percentage points vs 08-2026
10-2026: 3.7%▲ +0.6 percentage points vs 09-2026
11-2026: 8.7%▲ +5.0 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €1.6m, the second in a row (financial year 2025)
Negative equity -€87,319
Liquidity: current ratio 1.96, cash €5,182
Last filed accounts filed 88 days late; 3 of the last 3 accounts late
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 9% of them on solvency, 29% on liquidity, 1% on profitability and 4% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 678 companies had the same profile as TREVI BRUXELLES has now. Each dot stands for 2 companies, two years later.
84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TREVI BRUXELLES itself: 8.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 678 companies, not a prediction for TREVI BRUXELLES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 1.96 (1.52 in 2024), above the usual 1.5. Short-term debt is 32.9% and cash 0.3% of total assets. However, equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€87,319
raises risk · 2025 accounts filed 88 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-10-2026, 88 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
88 days late
2024
127 days late
2023
114 days late
2022
74 days late
2021
13 days early
2020
17 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 October (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- EMERIA BELGIUM 100%equity €22.4m (2025) · 2025 annual accounts of EMERIA BELGIUM
- Emeria Europe SAS consolidatesannual accounts 2025
Shares in 1 company, DIGISTONE
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0420418982
1 director appointed, 1 statutory auditor appointed, 1 resignation
Resignation: NEAR CONSULT SRL · Appointments: RUYSEN CONSULT BV (class B director) and DELOITTE REVISEURS D'ENTREPRISES SRL (statutory auditor) · Permanent representative: Kim RUYSEN · General meeting of 31-10-2025 · Gazette deed
Appointment: Deloitte Réviseurs d'Entreprises SRL (statutory auditor)
General meeting of 20-03-2023 · Gazette deed
New establishment in Brussels
Trevi Laeken, Araucarialaan 59
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TREVI BRUXELLES Brussels | €1.7m | -€493,264 | -5.2% | 12.5 |
| ROSAE Brussels | €1.7m | -€108,798 | 4.8% | - |
| TESCO-INVEST Brussels | €2.2m | -€10,888 | -14.3% | - |
| P.D.S.M. - Project Development Survey and Management Brussels | €1.4m | -€6,001 | 79.9% | - |
| LLEMIN Brussels | €2.5m | -€18,692 | 96.7% | - |
| Société anonyme de Promotion de Grands Hôtels Brussels | €2.6m | -€8,002 | 99.9% | - |
| PHEERIM Woluwe-Saint-Pierre | €1.6m | -€3,848 | 49.9% | - |
These companies have the same main activity as TREVI BRUXELLES: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €1.4m and €2.6m, founded between 1973 and 1990.
Official details
Source: KBO- Status
- Active since 29-04-1980Normal situation
- Registered office
- 34 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Real estate agency activitiesNACE 68310
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2021
- Establishment units
- 2.017.619.1031180 Uccle, since 29-04-1980
- 2.152.298.2571780 Wemmel, since 02-01-2006and 6 others
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on TREVI BRUXELLES
Solvency fell in 2025 from 50.6% to -5.2% because of the loss and higher debts to suppliers.
EMERIA BELGIUM holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TREVI BRUXELLES
- What is the company number of TREVI BRUXELLES?
- The company number of TREVI BRUXELLES is 0420.418.982. The VAT number is the same number with BE in front: BE 0420.418.982.
- Where is TREVI BRUXELLES based?
- The registered office is at Vilain XIIII-straat 53-55, 1000 Brussels.Company details
- What does TREVI BRUXELLES do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of TREVI BRUXELLES?
- TREVI BRUXELLES is a public limited company (NV).
- When was TREVI BRUXELLES founded?
- TREVI BRUXELLES was founded on 29-04-1980.
- Is TREVI BRUXELLES still active?
- Yes, TREVI BRUXELLES is an active enterprise in the KBO register.
- How many employees does TREVI BRUXELLES have?
- TREVI BRUXELLES had an average of 12.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TREVI BRUXELLES fall under?
- In its 2021 annual accounts, TREVI BRUXELLES states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of TREVI BRUXELLES?
- The annual accounts for financial year 2025 state no turnover. In financial year 2020 turnover was €6.1m.
- Is TREVI BRUXELLES profitable?
- In financial year 2025, TREVI BRUXELLES made a loss of €1.6m.
- Where can I find the annual accounts of TREVI BRUXELLES?
- TREVI BRUXELLES filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TREVI BRUXELLES due?
- TREVI BRUXELLES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.Emeria Benelux · 29 companies
See how customers, suppliers and banks see your own company and what to improve first.