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TRI CONSTRUCT

Active
Private limited company (pre-2019)founded 200521 yrs activeRijkendalstraat 81/001, 1853 Grimbergen, BelgiumKBO/BCE: BE 0874.380.665

The computed 12-month bankruptcy probability of TRI CONSTRUCT is 1.5% (moderate). For TRI CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €11k and a net result of €-4k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 13% of 33685 sector peers (fiscal year 2023). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability41▼-21
Solvency33▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
8%
Return on assets
-2.9%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 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 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-03-2026, 579 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
579 d late
2022
133 d late
2021
78 d late
2020
24 d late
2019
101 d late
← before the deadline after the 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

Financials · fiscal year 2023, micro schema

Equity
€11k▼ 26.9%
2022 · €15k
2018: €8k 2019: €11k 2020: €12k 2021: €18k 2022: €15k
2018 → 2023
Total assets
€138k▲ 48.9%
2022 · €93k
2018: €29k 2019: €41k 2020: €29k 2021: €66k 2022: €93k
2018 → 2023
Net result
€-4k▼ 41.1%
2022 · €-3k
2018: €1k 2019: €3k 2020: €1k 2021: €6k 2022: €-3k
2018 → 2023
Working capital
€-19k▲ 36.3%
2022 · €-30k
2018: €1k 2019: €5k 2020: €6k 2021: €38k 2022: €-30k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€11k-€12k▲ 11.4%€18k▲ 51.5%€15k▼ 16.0%€11k▼ 26.9%
Operating result€7k-€2k▼ 65.5%€9k▲ 294%€-2k€3k
Net result€3k-€1k▼ 61.0%€6k▲ 402%€-3k€-4k▼ 41.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2019: €7k€7kNet result 2019: €3k€3kOperating result 2020: €2k€2kNet result 2020: €1k€1kOperating result 2021: €9k€9kNet result 2021: €6k€6kOperating result 2022: €-2k€-2kNet result 2022: €-3k€-3kOperating result 2023: €3k€3kNet result 2023: €-4k€-4k20192020202120222023
The operating result returns to profit in 2023: €3k after a loss of €2k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €138k
Fixed assets €30k▼ 33.1%
Current assets €108k▲ 126%
Equity and liabilities €138k
Equity €11k▼ 26.9%
Debt €127k▲ 63.7%
The debt ratio rises from 83.7% to 92.0%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€19k
2022 · €2k
Cash flow
€12k
2022 · €1k
Solvency
8.0%
2022 · 16.3%
Current ratio
0.85
2022 · 0.61
Quick ratio
0.85
2022 · 0.61
Debt / equity
11.51
2022 · 5.14
ROE
-36.8%
2022 · -19.1%
ROA
-2.9%
2022 · -3.1%
Interest coverage
3.11
2022 · 5.72
Debt
€127k
2022 · €78k
Debt ≤ 1 year
€127k
2022 · €78k
Income taxes
€1k
2022 · €384
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet Code20222023
Assets
Total assets20/58€93k€138k
Fixed assets21/28€45k€30k
Tangible fixed assets22/27€44k€29k
Land and buildings22€2k€1k
Furniture and vehicles24€43k€28k
Financial fixed assets28€580€580=
Current assets29/58€48k€108k
Amounts receivable within one year40/41€47k€106k
Trade receivables40€20k€100k
Other amounts receivable41€26k€6k
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1€947-
Equity and liabilities
Total equity and liabilities10/49€93k€138k
Equity10/15€15k€11k
Contributions10/11€12k€12k=
Profit (loss) carried forward14€3k€-717
Amounts payable17/49€78k€127k
Amounts payable within one year42/48€78k€127k
Financial debts43€252€113k
Credit institutions430/8€252-
Other loans439-€113k
Trade debts44€74k€14k
Suppliers440/4€74k€14k
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€16k
Other operating charges640/8€1k€2k
Gross operating margin9900€3k€22k
Operating profit (loss)9901€-2k€3k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€301€6k
Recurring financial charges65€301€6k
Profit (loss) for the period before taxes9903€-2k€-3k
Income taxes67/77€384€1k
Profit (loss) for the period9904€-3k€-4k
Profit (loss) for the period to be appropriated9905€-3k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-717
Profit (loss) brought forward from the previous period14P€6k€3k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
02-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 579 days late
2023
31-12
Financial Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
11-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial Highest result since 2018net €6k ▲402%
Operating result €9k, net result €6k, both a record.
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
30-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
27-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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
Registered office, Grimbergen · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Rijkendalstraat 81/0011853 Grimbergen
Ground area
141 m²
Building footprint
77 m²
Volume, LiDAR
724 m³
Parcel 23084A0399/00S007, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TRI CONSTRUCT
Rijkendalstraat 81, 1853 GrimbergenNACE 4511102
since 20052.147.947.907
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0399/00S007 Flanders 141 m² 1 · 77 m² 10.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 8,456 companies in sector 43120 we hold annual accounts for 3,232. 1,554 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded09-06-2005
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0497719689
Establishment Grimbergen 2.147.947.907