TRH
ActiveSummary
The computed 12-month bankruptcy probability of TRH is 9.8% (elevated). The 2024 annual accounts show negative equity (-€12,427) and a net result of -€22,427. Its solvency ranks better than 27% of 18934 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its 2024 accounts 70 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 1,555 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.
| Line | 2024 |
|---|---|
| Remuneration, social security and pensions62 | €336,362 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €129,374 |
| Other operating charges640/8 | €2,136 |
| Gross operating margin9900 | €461,707 |
| Operating profit (loss)9901 | -€6,165 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €15,876 |
| Recurring financial charges65 | €15,876 |
| Profit (loss) for the period before taxes9903 | -€22,041 |
| Income taxes67/77 | €386 |
| Profit (loss) for the period9904 | -€22,427 |
| Profit (loss) for the period to be appropriated9905 | -€22,427 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.0m | |
| Fixed assets21/28 | €994,749 | |
| Tangible fixed assets22/27 | €994,749 | |
| Land and buildings22 | €707,665 | |
| Plant, machinery and equipment23 | €18,256 | |
| Furniture and vehicles24 | €67,595 | |
| Other tangible fixed assets26 | €201,233 | |
| Current assets29/58 | €48,817 | |
| Amounts receivable within one year40/41 | €35,533 | |
| Trade receivables40 | €23,718 | |
| Other amounts receivable41 | €11,815 | |
| Cash at bank and in hand54/58 | €13,284 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.0m | |
| Equity10/15 | -€12,427 | |
| Contributions10/11 | €10,000 | |
| Profit (loss) carried forward14 | -€22,427 | |
| Amounts payable17/49 | €1.1m | |
| Amounts payable after more than one year17 | €687,397 | |
| Financial debts170/4 | €687,397 | |
| Amounts payable within one year42/48 | €368,597 | |
| Current portion of amounts payable after more than one year42 | €42,705 | |
| Trade debts44 | €45,952 | |
| Suppliers440/4 | €45,952 | |
| Taxes, remuneration and social security45 | €85,692 | |
| Taxes450/3 | €9,138 | |
| Remuneration and social security454/9 | €76,554 | |
| Other amounts payable47/48 | €194,248 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€22,427 |
| + Depreciation and write-downs630 | €129,374 |
| Operating cash flow (approximation) | €106,947 |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
3 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37013A0174/00T000 | Flanders | 2,429 m² | 1 · 1,193 m² | 6.5 m · 2 fl. |
| 31003C0262/00A002 | Flanders | 1,506 m² | 1 · 213 m² | 8.1 m · 1 fl. |
| 37018E0616/00P000 | Flanders | 1,412 m² | 1 · 216 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2024 to 2025 · 4 entries · 742,132 EUR awarded · 742,132 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 337,485 EUR | 337,485 EUR |
| 2024 | 2 | 404,647 EUR | 404,647 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteCare and welfare
1 service · 0 liveSimilar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.