TRI LIGNARII
ActiveThe computed 12-month bankruptcy probability of TRI LIGNARII is 2.2% (moderate). The 2025 annual accounts show equity of €4k and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 538 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency13▼-20
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.41 in 2024), and 92.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← 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 2025Solvency, return and age of the figures
Solvency
7.1%
Return on assets
47.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 538 sector peers (2025).
NBB · sector comparisonPosition among 538 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 6 filingsDeviation from the deadline
2025
30 d late
2024
31 d late
2023
30 d late
2022
14 d late
2021
16 d late
2020
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k
2024 · €-22k
2020: €-9k
2021: €-3k
2022: €-3k
2023: €-3k
2024: €-22k
2020 → 2025
Total assets
€54k▲ 111%
2024 · €26k
2020: €20k
2021: €30k
2022: €28k
2023: €31k
2024: €26k
2020 → 2025
Net result
€26k
2024 · €-19k
2020: €-19k
2021: €6k
2022: €222
2023: €254
2024: €-19k
2020 → 2025
Working capital
€-5k▲ 81.0%
2024 · €-28k
2020: €-17k
2021: €-17k
2022: €-17k
2023: €-13k
2024: €-28k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€-3k▲ 7.1%€-3k▲ 8.7%€-22k▼ 719%€4k
Operating result€6k-€2k▼ 70.5%€2k▲ 29.2%€-16k€32k
Net result€6k-€222▼ 96.1%€254▲ 14.4%€-19k€26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €32k after a loss of €16k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€9k▲ 48.1%
Current assets
€45k▲ 131%
Equity and liabilities €54k
Equity
€4k
Debt
€50k
Debt finances 92.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€34k▲
2024 · €-12k
Cash flow
€28k▲
2024 · €-15k
Solvency
7.1%▲
2024 · -84.7%
Current ratio
0.89▲
2024 · 0.41
Quick ratio
0.84▲
2024 · 0.36
Debt / equity
13.04▲
2024 · -2.18
ROE
664.3%▲
2024 · 87.8%
ROA
47.3%▲
2024 · -74.4%
Interest coverage
138.19▲
2024 · -74.08
Debt
€50k▲
2024 · €47k
Debt ≤ 1 year
€50k▲
2024 · €47k
Income taxes
€6k▲
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€26k€54k▲
Fixed assets21/28€6k€9k▲
Tangible fixed assets22/27€6k€9k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24-€4k
Other tangible fixed assets26€5k€4k▼
Current assets29/58€19k€45k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€12k€8k▼
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€3k€29k▲
Deferred charges and accrued income490/1€48€607▲
Equity and liabilities
Total equity and liabilities10/49€26k€54k▲
Equity10/15€-22k€4k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-32k€-6k▲
Amounts payable17/49€47k€50k▲
Amounts payable within one year42/48€47k€50k▲
Trade debts44€895€4k▲
Suppliers440/4€895€4k▲
Taxes, remuneration and social security45-€367
Taxes450/3-€367
Other amounts payable47/48€46k€46k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€761€1k▲
Gross operating margin9900€-12k€35k▲
Operating profit (loss)9901€-16k€32k▲
Financial income75/76B€36€1▼
Recurring financial income75€36€1▼
Financial charges65/66B€167€245▲
Recurring financial charges65€167€245▲
Profit (loss) for the period before taxes9903€-17k€32k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€-19k€26k▲
Profit (loss) for the period to be appropriated9905€-19k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-6k▲
Profit (loss) brought forward from the previous period14P€-13k€-32k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-19k ▼7609%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Pieters-Woluwe · 1 establishment unit since 2020
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.
Uilenstraat 281150 Sint-Pieters-WoluweGround area
238 m²
Building footprint
85 m²
Volume, LiDAR
631 m³
Parcel 21683D0151/00E009, Brussels · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Uilenstraat 28, 1150 Sint-Pieters-Woluwe
since 20202.298.273.854
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0151/00E009 | Brussels | 238 m² | 1 · 85 m² | 10.9 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
FP IMPACT
BE 0765.549.437
Ukkel · Eq €4k
MAXPETWOOD
BE 0673.792.583
Brasschaat · Eq €3k
European Circular Industry
BE 0803.723.786
Watermaal-Bosvoorde · Eq €5k
EURO-ART
BE 0424.471.109
Herentals · Eq €6k
ZAFI CYCLES
BE 0789.516.751
Ottignies-Louvain-la-Neuve · Eq €6k
Of 763 companies in sector 16281 we hold annual accounts for 157. 38 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2019
Fiscal year end31-12
Activities, NACEBEL
16281Manufacture of other wood products
71112Activities of interior architects
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.