Equity
€40,043 from €375,855 in 2020
Equity fell by 89% in 5 years.
TRIABOUW
Overview
Lifetime
14 annual accounts with figures on one time axisGross marginpeak €953,185 (2020)
-€9,722▼ €2,805
Resultlowest -€93,598 (2016)
€7,379▼ 26.0%
Equitypeak €375,855 (2020)
€40,043▼ 89.1%
Debts
€267▼ 57.5%
Board3 names since 2021
2 directorsLuc Oyaert and 1 other
Owners
100%VITRUVIUS
Documentsfilings and deeds
15-06-202645 days before the deadline
2025abbreviated format
Gross margin from -€6,917 to -€9,722Result from €9,972 to €7,379Dividend €335,000Equity from €367,665 to €40,043Debts from €627 to €267Cash from €6,099 to €51
Key points
from the 2025 annual accountsFilings
14 annual accounts since 2012
The last five annual accounts were filed 30 to 76 days before the end of the period.
Position in the sector
99.3%
Higher solvency than 95% of companies in real estate. Sector median 30.8% · 11,288 companies.
Turnover not published (abbreviated format)
Checked score
87
Excellent
Financially stronger than 57% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 151.22, cash €51, halved
Size: total assets €40,310
lowers risk
Founded in 2011
Equity €40,043 (99.3% of total assets)
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, micro). It does better than 91% of them on solvency, 51% on liquidity, 80% on profitability and 6% on growth.
The bankruptcy probability was computed on 05-11-2026 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 30-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as TRIABOUW has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of TRIABOUW itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for TRIABOUW. 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
Credit of up to €3,000 on 30-day terms is acceptable
Short-term debt is 0.7% and cash 0.1% of total assets. 0.7% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 15-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
76 days early
2023
76 days early
2022
51 days early
2021
30 days early
2020
99 days early
2019
106 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 69 days before 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 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 9 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today30-12-2026 year end30-07-2027 deadline
Board and ownership
- VITRUVIUS 100%score 86equity €2.5m (2025) · 30-12-2025 annual accounts of VITRUVIUS
- Vitruvius NV consolidatesannual accounts 30-12-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0839960612
2 directors appointed, 1 resignation
Resignation: DIRK OYAERT · Appointments: Luc Oyaert (director) and TAXUS & TILIA (director) · Permanent representative: Dirk Oyaert · General meeting of 21-04-2023 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Provincie West-Vlaanderen
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Veurne
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| TRIABOUW Koksijde | €40,310 | -€9,722 | 99.3% | - |
| Linck Invest Menen | €46,635 | -€3,699 | -274.3% | - |
| DePeVe Uccle | €38,932 | €269 | 85.7% | - |
| CAVELLE Tielt-Winge | €38,949 | -€18,162 | 74.1% | - |
| Het Immo-Rijk Bocholt | €37,800 | -€3,692 | -49.1% | - |
| A-Concept Paper and Gifts Kruisem | €47,528 | -€48 | 31.0% | - |
| ECOLOGIS Aywaille | €44,473 | -€2,924 | 83.6% | - |
These companies have the same main activity as TRIABOUW: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €37,800 and €47,500, founded between 2009 and 2013.
Official details
Source: KBO- Status
- Active since 05-10-2011Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.203.856.2328670 Koksijde, since 07-11-2011
- Financial year end
- 30 December
- Peppol
- Reachable since 15-12-2025
Annual accounts to 30-12-2025
- Gross margin
- -€9,722▼ 40.6%
- Profit
- €7,379▼ 26.0%
- Equity
- €40,043▼ 89.1%
- Total assets
- €40,310▼ 89.1%
- Filing
- Filed on 15-06-2026, 45 days before the end of the filing period
Insights on TRIABOUW
TRIABOUW files the abbreviated format. That format states no turnover. The gross margin rose from -€16,312 in 2012 to -€9,722 in 2025.
VITRUVIUS holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 15-06-2026, 45 days before the deadlineGross margin
-€9,722
▼ €2,805
Operating result
-€10,249
▼ €2,819
Profit
€7,379
▼ 26.0%
Working capital
€40,043
▼ 89.1%
Solvency
99.3%
▼ 0.5 percentage points
Current ratio
-
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €40,310 on 30-12-2025What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Position in the sector
Solvency99.3%
Higher than 95% of 11,288 companies in 2025.
Current ratio-
Higher than 93% of 8,527 companies in 2022.
Return on assets18.3%
Higher than 91% of 11,173 companies in 2025.
TRIABOUW
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
Total assets20/58 |
40,310 | 368,292 | 358,882 | 373,413 | 397,877 | 601,716 | 6.8m | 5.3m | 4.4m | 2.9m | 2.7m | 678,482 | 534,232 | 792,830 | |
Fixed assets21/28 |
- | - | - | - | 0 | 5,950 | 11,901 | 18,320 | 24,738 | - | 1,500 | 1,500 | 1,261 | 1,776 | |
Tangible fixed assets22/27 |
- | - | - | - | 0 | 5,950 | 11,901 | 18,320 | 24,738 | - | - | - | 761 | 1,776 | |
Furniture and vehicles24 |
- | - | - | - | - | - | - | 468 | 936 | - | - | - | 761 | 1,776 | |
Leasing and similar rights25 |
- | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
Financial fixed assets28 |
- | - | - | - | - | - | - | - | - | - | 1,500 | 1,500 | 500 | - | |
Current assets29/58 |
40,310 | 368,292 | 358,882 | 373,413 | 397,877 | 595,766 | 6.8m | 5.3m | 4.3m | 2.9m | 2.7m | 676,982 | 532,971 | 791,054 | |
Stocks and contracts in progress3 |
- | - | - | 0 | 211,493 | 511,131 | 6.2m | 5.2m | 4.1m | 2.8m | 2.7m | 614,452 | 527,071 | 668,478 | |
Stocks30/36 |
- | - | - | 0 | 211,493 | 511,131 | 6.2m | 5.2m | 4.1m | 2.8m | 2.7m | 614,452 | 527,071 | 668,478 | |
Amounts receivable within one year40/41 |
40,259 | 362,193 | 346,131 | 298,767 | 67,968 | 7,563 | 91,584 | 89,865 | 59,448 | 21,682 | 7,039 | 6,006 | 1,504 | 77,367 | |
Trade receivables40 |
- | 0 | 1,127 | 0 | 17,653 | 298 | 89,084 | 79,860 | 5,000 | - | 360 | 4,203 | 300 | 76,167 | |
Other amounts receivable41 |
40,259 | 362,193 | 345,004 | 298,767 | 50,315 | 7,265 | 2,500 | 10,005 | 54,448 | 21,682 | 6,679 | 1,803 | 1,204 | 1,200 | |
Cash at bank and in hand54/58 |
51 | 6,099 | 12,751 | 74,645 | 117,856 | 76,434 | 497,036 | 50,025 | 147,847 | 70,071 | 4,080 | 54,140 | 330 | 39,460 | |
Deferred charges and accrued income490/1 |
- | - | - | 0 | 560 | 638 | 638 | 3,500 | 6,361 | 8,584 | 701 | 2,384 | 4,066 | 5,749 | |
| Balance sheet: equity and liabilities | |||||||||||||||
Total equity and liabilities10/49 |
40,310 | 368,292 | 358,882 | 373,413 | 397,877 | 601,716 | 6.8m | 5.3m | 4.4m | 2.9m | 2.7m | 678,482 | 534,232 | 792,830 | |
Equity10/15 |
40,043 | 367,665 | 357,693 | 348,089 | 325,132 | 375,855 | -254,418 | -225,293 | -192,123 | -150,779 | -57,180 | -33,676 | -12,119 | -306 | |
Contributions10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
Issued capital100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
Reserves13 |
20,043 | 347,665 | 337,693 | 328,089 | 305,132 | 355,855 | - | - | - | - | - | - | - | - | |
Distributable reserves133 |
20,043 | 347,665 | 337,693 | 328,089 | 305,132 | 355,855 | - | - | - | - | - | - | - | - | |
Profit (loss) carried forward14 |
0 | - | - | - | 0 | - | -274,418 | -245,293 | -212,123 | -170,779 | -77,180 | -53,676 | -32,119 | -20,306 | |
Amounts payable17/49 |
267 | 627 | 1,189 | 25,324 | 72,745 | 225,861 | 7.0m | 5.6m | 4.6m | 3.1m | 2.8m | 712,158 | 546,351 | 793,136 | |
Amounts payable after more than one year17 |
- | - | - | - | - | - | 2,543 | 10,102 | 117,556 | - | - | - | - | - | |
Financial debts170/4 |
- | - | - | - | - | - | 2,543 | 10,102 | 117,556 | - | - | - | - | - | |
Amounts payable within one year42/48 |
267 | 627 | 1,189 | 25,324 | 72,745 | 225,861 | 7.0m | 5.6m | 4.4m | 3.1m | 2.8m | 711,825 | 546,260 | 793,111 | |
Current portion of amounts payable after more than one year42 |
- | - | - | - | 0 | 2,543 | 7,559 | 107,454 | 7,352 | - | - | - | - | - | |
Financial debts43 |
- | - | - | - | - | - | - | 167,500 | 437,500 | 700,000 | 600,000 | 410,000 | 317,000 | 190,000 | |
Credit institutions430/8 |
- | - | - | - | - | - | - | 167,500 | 437,500 | 700,000 | 600,000 | 410,000 | 317,000 | 190,000 | |
Trade debts44 |
267 | 627 | 272 | 24,733 | 71,076 | 117,119 | 94,848 | 76,977 | 24,878 | 48,511 | 68,131 | 12,767 | 25,231 | 20,942 | |
Suppliers440/4 |
267 | 627 | 272 | 24,733 | 71,076 | 117,119 | 94,848 | 76,977 | 24,878 | 48,511 | 68,131 | 12,767 | 25,231 | 20,942 | |
Advances received on contracts in progress46 |
- | - | - | - | - | - | 6.3m | 4.7m | 3.4m | 1.8m | 1.8m | - | - | 514,375 | |
Taxes, remuneration and social security45 |
- | 0 | 917 | 0 | 1,078 | 7,699 | 145,368 | 10,707 | - | - | - | 8,642 | 11,359 | 67,794 | |
Taxes450/3 |
- | 0 | 917 | 0 | 1,078 | 7,699 | 145,368 | 10,707 | - | - | - | 8,642 | 11,359 | 67,794 | |
Other amounts payable47/48 |
- | - | 0 | 591 | 591 | 98,500 | 449,564 | 482,849 | 542,021 | 483,796 | 281,562 | 280,415 | 192,670 | - | |
Accrued charges and deferred income492/3 |
- | - | - | - | - | - | - | 2,331 | 746 | - | 313 | 333 | 92 | 25 | |
| Income statement | |||||||||||||||
Non-recurring operating income76A |
- | - | - | 0 | 2,810 | - | - | - | - | - | - | - | - | - | |
Gross operating margin9900 |
-9,722 | -6,917 | -5,419 | 22,528 | -48,531 | 953,185 | -22,360 | -25,290 | -29,634 | -87,544 | -22,452 | -20,990 | -10,136 | -16,312 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | - | - | - | 0 | 5,950 | 6,419 | 6,418 | 6,418 | - | - | 761 | 1,015 | 2,157 | |
Other operating charges640/8 |
528 | 513 | 1,627 | 1,093 | 2,084 | 2,390 | 1,805 | 1,132 | 1,183 | 971 | 450 | 7,467 | 483 | 1,527 | |
Operating profit (loss)9901 |
-10,249 | -7,430 | -7,045 | 21,435 | -50,615 | 944,845 | -30,583 | -32,841 | -37,236 | -88,515 | -22,902 | -29,219 | -11,634 | -19,995 | |
Financial income75/76B |
17,657 | 17,430 | 16,839 | 1,792 | 315 | 1,685 | 3,149 | 2,818 | 1 | 1 | 4 | 8,248 | 18 | 5 | |
Recurring financial income75 |
17,657 | 17,430 | 16,839 | 1,792 | 315 | 1,685 | 3,149 | 2,818 | 1 | 1 | 4 | 8,248 | 18 | 5 | |
Financial charges65/66B |
29 | 28 | 190 | 270 | 423 | 8,557 | 1,691 | 3,147 | 4,109 | 5,084 | 606 | 586 | 198 | 314 | |
Recurring financial charges65 |
29 | 28 | 190 | 270 | 423 | 8,557 | 1,691 | 3,147 | 4,109 | 5,084 | 606 | 586 | 198 | 314 | |
Profit (loss) for the period before taxes9903 |
7,379 | 9,972 | 9,604 | 22,957 | -50,723 | 937,973 | -29,125 | -33,171 | -41,344 | -93,598 | -23,503 | -21,557 | -11,813 | -20,305 | |
Income taxes67/77 |
- | - | - | 0 | 0 | 207,699 | - | - | - | 0 | 1 | - | - | 1 | |
Profit (loss) for the period9904 |
7,379 | 9,972 | 9,604 | 22,957 | -50,723 | 730,274 | -29,125 | -33,171 | -41,344 | -93,598 | -23,504 | -21,557 | -11,813 | -20,306 | |
Profit (loss) for the period to be appropriated9905 |
7,379 | 9,972 | 9,604 | 22,957 | -50,723 | 730,274 | -29,125 | -33,171 | -41,344 | -93,598 | -23,504 | -21,557 | -11,813 | -20,306 | |
| Appropriation of the result | |||||||||||||||
Profit (loss) to be appropriated9906 |
7,379 | 9,972 | 9,604 | 22,957 | -50,723 | 455,855 | -274,418 | -245,293 | -212,123 | -170,779 | -77,180 | -53,676 | -32,119 | -20,306 | |
Profit (loss) brought forward from the previous period14P |
- | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
Transfer from equity791/2 |
335,000 | - | - | 0 | 50,723 | 100,000 | - | - | - | - | - | - | - | - | |
Transfer to equity691/2 |
7,379 | 9,972 | 9,604 | 22,957 | 0 | 455,855 | - | - | - | - | - | - | - | - | |
To other reserves6921 |
7,379 | 9,972 | 9,604 | 22,957 | 0 | 455,855 | - | - | - | - | - | - | - | - | |
Profit to be distributed694/7 |
335,000 | - | - | - | 0 | 100,000 | - | - | - | - | - | - | - | - | |
Return on contributions (dividend)694 |
335,000 | - | - | - | 0 | 100,000 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-12-2025 | abbreviated format | 15-06-2026 | 2026-00166771 | |
| 30-12-2024 | abbreviated format | 15-05-2025 | 2025-00094944 | |
| 30-12-2023 | abbreviated format | 15-05-2024 | 2024-00087744 | |
| 30-12-2022 | abbreviated format | 09-06-2023 | 2023-00115915 | |
| 30-12-2021 | abbreviated format | 30-06-2022 | 2022-20110120 | |
| 30-12-2020 | abbreviated format | 22-04-2021 | 2021-10900285 | |
| 30-12-2019 | abbreviated format | 15-04-2020 | 2020-09100481 | |
| 30-12-2018 | abbreviated format | 15-05-2019 | 2019-13400397 | |
| 30-12-2017 | abbreviated format | 29-03-2018 | 2018-08700201 | |
| 30-12-2016 | abbreviated format | 07-04-2017 | 2017-09200251 | |
| 30-12-2015 | abbreviated format | 11-03-2016 | 2016-06300052 | |
| 30-12-2014 | abbreviated format | 27-03-2015 | 2015-07900549 | |
| 30-12-2013 | abbreviated format | 10-06-2014 | 2014-16300546 | |
| 30-12-2012 | abbreviated format | 15-03-2013 | 2013-06500343 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | - | - | - | - | -50,615 | 950,795 | -24,165 | -26,423 | -30,818 | - | - | -28,457 | -10,619 | -17,839 | |
| Cash flow | - | - | - | - | -50,723 | 736,224 | -22,706 | -26,752 | -34,925 | - | - | -20,796 | -10,799 | -18,149 | |
| Investment in fixed assets (approximation) | - | - | - | - | 1,240 | 0 | 0 | 0 | 31,156 | - | - | 1,500 | 500 | 3,045 | |
| Change in cash | -6,048 | -6,652 | -61,894 | -43,211 | 41,422 | -420,602 | 447,011 | -97,823 | 77,777 | 65,990 | -50,060 | 53,810 | -39,130 | - | |
| Working capital | 40,043 | 367,665 | 357,693 | 348,089 | 325,132 | 369,905 | -263,776 | -231,180 | -98,558 | -150,779 | -58,368 | -34,843 | -13,289 | -2,057 | |
| Solvency | 99.3% | 99.8% | 99.7% | 93.2% | 81.7% | 62.5% | -3.7% | -4.2% | -4.4% | -5.2% | -2.1% | -5.0% | -2.3% | 0.0% | |
| Current ratio | - | - | - | 14.75 | 5.47 | 2.64 | 0.96 | 0.96 | 0.98 | 0.95 | 0.98 | 0.95 | 0.98 | 1.00 | |
| Quick ratio | - | - | - | 14.75 | 2.56 | 0.37 | 0.08 | 0.03 | 0.05 | 0.03 | 0.00 | 0.09 | 0.01 | 0.15 | |
| Debt to equity | 0.01 | 0.00 | 0.00 | 0.07 | 0.22 | 0.60 | - | - | - | - | - | - | - | - | |
| ROE | 18.4% | 2.7% | 2.7% | 6.6% | -15.6% | 194.3% | - | - | - | - | - | - | - | - | |
| ROA | 18.3% | 2.7% | 2.7% | 6.1% | -12.7% | 121.4% | -0.4% | -0.6% | -0.9% | -3.2% | -0.9% | -3.2% | -2.2% | -2.6% | |
| Interest coverage | - | - | - | - | -119.62 | - | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €40,310, equity €40,043).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-12-2025 | 30-12-2024 | 30-12-2023 | 30-12-2022 | 30-12-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,240 |
| Depreciation and write-downs of the year | - | - | - | - | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on TRIABOUW
The operating result for 2025 is a loss of €10,249, larger than the loss of €7,430 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 0.2% to 0.7%. Equity and debt are lower.
Board & ownership
Board
2 directors, last change in 2023Director (not named in the articles)
appointed by deed of 09-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 15-06-2026
Director (not named in the articles), permanent representative Dirk Oyaert
appointed by deed of 09-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 15-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 09-05-2023
Permanent representatives 1
Mandates through the years
3 names, the dashed line is todayLuc Oyaert
Director (not named in the articles)
Director (not named in the articles)
TAXUS & TILIA
Director (not named in the articles)
Director (not named in the articles)
DIRK OYAERT
Director
Director
BoardEarliermandate already running before its first mention
Mandates as a list
- Luc Oyaert
- Director (not named in the articles), since before 30-12-2021
- TAXUS & TILIA
- Director (not named in the articles), since before 30-12-2021
- DIRK OYAERT
- Director, from before 30-12-2021 to 09-05-2023
Control
100%
This company
TRIABOUW
Equity €40,043
Profit €7,379 in 2025
Further up the chainTAXUS & TILIA 99.5%Vitruvius NV consolidates
Capital
- Contribution
- €20,000
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
Source: parent in its own accounts, lists of holdings in the owners' accounts
Articles of association
deed of 09-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- “Artikel 4. Duur De vennootschap is opgericht voor een onbepaalde duur.”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00
Shareholders
2 ownersOwners 2
- VITRUVIUSparentEquity €2.5m Profit of €43,247 in 2025 (loss of €12,748 in 2024) Checked score 86100%
- Vitruvius NVconsolidating parentconsolidates
Network & group
Group
VITRUVIUS has 4 holdings (accounts to 30-12-2025)Belgium 4 Equity Result
- BE TRIABOUW €40,043 result €7,379
- BE DIRK OYAERT99.57% €315,116 result €97,054
- BE TRIABODEM99.6% €153,834 result €51,245
- BE CREA-RE DE PANNE50% -€609,026 result -€491,638
Source: list of holdings in the 30-12-2025 accounts of VITRUVIUS. Every holding stands with its own latest accounts.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
TRIABODEM
via TAXUS & TILIA · Director (not named in the articles) · deed of 22-11-2023
Founded in 2003 · total assets €869,892 (2025)
→
Timeline
Timeline
29 events since 2011Board
Filings
Financial
Permits
Establishments
20122014201620182020202220242026
Deadline for the 2026 accounts: 30-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 45 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0839960612
Annual accounts 2024 filed PDFabbreviated format · 76 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 76 days before the deadline
2023
Liquidity more than 20 times current ratio 301.75 The current ratio rises from 14.75 to 301.75. Short-term debt falls from €25,324 to €1,189.
Annual accounts 2022 filed PDFabbreviated format · 51 days before the deadline
2 directors appointed, 1 resignationResignation: DIRK OYAERT · Appointments: Luc Oyaert (director) and TAXUS & TILIA (director) · Permanent representative: Dirk Oyaert · General meeting of 21-04-20239 points ▸
- General meeting, 21-04-2023
- Registered office clause, VlaamsGewest
- Director resignation, DIRK OYAERT
- Director discharge, DIRK OYAERT
- Director appointment, Luc Oyaert (director (not named in the articles))
- Director appointment, TAXUS & TILIA (director (not named in the articles))
- Permanent representative, Dirk Oyaert
- Registered office clause, Veurnelaan 104, 8670 Koksijde
- Power of attorney, Wim Vermote
- The deed holds 6 more points.
2022
Back to profit net €22,957 The net result is €22,957, after one loss-making year.
Liquidity more than doubled current ratio 14.75 The current ratio rises from 5.47 to 14.75. Short-term debt falls from €72,745 to €25,324.
Annual accounts 2021 filed PDFabbreviated format · 30 days before the deadline
2021
Liquidity more than doubled current ratio 5.47 The current ratio rises from 2.64 to 5.47. Short-term debt falls from €225,861 to €72,745.
Annual accounts 2020 filed PDFabbreviated format · 99 days before the deadline
2020
Back to profit net €730,274 The net result is €730,274, after 8 loss-making years.
Liquidity more than doubled current ratio 2.64 The current ratio rises from 0.96 to 2.64. Short-term debt falls from €7.0m to €225,861.
Equity above €200,000 equity €375,855 Equity rises from -€254,418 to €375,855.
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Provincie West-Vlaanderen
Annual accounts 2019 filed PDFabbreviated format · 106 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 76 days before the deadline
2018
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Veurne
Environmental permit refused OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Veurne
Annual accounts 2017 filed PDFabbreviated format · 123 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 114 days before the deadline
2016
Weakest financial year net -€93,598 The net result drops to -€93,598, the lowest from 2012 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFabbreviated format · 141 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 125 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 50 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 137 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0839.960.612
- VAT number
- BE 0839.960.612
- Peppol ID
- 0208:0839960612
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-10-2011
- Financial year
- ends on 30 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00deed of 09-05-2023 (in Dutch)
- Peppol
- Reachable since 15-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TRIABOUW in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- “Artikel 4. Duur De vennootschap is opgericht voor een onbepaalde duur.”deed of 09-05-2023 (in Dutch)
Activities
NACEBEL 202568121
Development of residential building projects main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Promotieactiviteitenenvastgoedoperaties,bouwpromotieinderuimstezinvanhetwoord,decoördinatievanalleaannemingenenanderenaannemingenvoorhaarrek…”deed of 09-05-2023 (in Dutch)
Text of the purpose
“Promotieactiviteitenenvastgoedoperaties,bouwpromotieinderuimstezinvanhetwoord,decoördinatievanalleaannemingenenanderenaannemingenvoorhaarrekeningofvoorrekeningvanderden,en/oftussenpersonen,alleimmobiliaireoperatiesvanhetevenwelkeaard,ofermedeverbandhoudendevaststellingendoen,ondermeerdeaan-enverkoop,ruiling,verhuring,expertise,beheer,omvormingenombouwingenvaloriseringvanonroerendegoederenvanalleaard,zogebouwenalsgronden,zoophetplattelandalsindebebouwdekommen,enditdoormiddelvanlotisering,verkaveling,nieuwbouwofverbouwing,enverderalleplaatsingenvankapitalenenhetbeheervanallewelkdanigegoederen.”
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Veurnelaan 104 registered office 8670 Koksijde | 07-11-2011 | 2.203.856.232 |
Buildings and parcels at the address
- Ground area
- 3,075 m²
- Buildings
- 349 m²
- Volume, LiDAR
- 2,637 m³
- Tallest building
- 10.5 m
Buildings to scale, each on its own parcel
Environmental permits
3 applications in Flanders since 2018 · 2 granted · 1 refused| 14-05-2020 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 14-11-2019 · project 2019139799 | Provincie West-Vlaanderen |
| 27-12-2018 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden submitted 23-10-2018 · project 2018126097 | Veurne |
| 21-08-2018 | Refused | Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden submitted 20-06-2018 · project 2018064900 | Veurne |
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 38343A0697/00S000 | 3,075 m² | 1 · 349 m² | 10.5 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0839.960.612