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TRIANGLE 7

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 198739 yrs activeTerhulpsesteenweg 268, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0430.592.106

TRIANGLE 7 has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-196k) and a net result of €-102k. Equity is shrinking by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 1932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
32 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-26
Solvency0▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54 against 0.65 in 2023; short-term debt: 138.1% and cash: 1.3% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
-39.5%
Return on assets
-20.6%
Age of the figures
21 mo
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 39 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-196k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
68 d late
2022
31 d late
2021
78 d late
2020
61 d late
2019
300 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 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-102k▼ 182%
2023 · €-36k
2018: €41k 2019: €-145k 2020: €33k 2021: €41k 2022: €4k 2023: €-36k
2018 → 2024
Working capital
€-312k▼ 31.7%
2023 · €-237k
2018: €-94k 2019: €-138k 2020: €-118k 2021: €-82k 2022: €-179k 2023: €-237k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-103k-€-62k▲ 39.8%€-57k▲ 7.2%€-94k▼ 63.0%€-196k▼ 109%
Operating result€49k-€62k▲ 27.9%€14k▼ 77.3%€-15k€-94k▼ 526%
Net result€33k-€41k▲ 25.0%€4k▼ 89.1%€-36k€-102k▼ 182%
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0€50kOperating result 2020: €49k€49kNet result 2020: €33k€33kOperating result 2021: €62k€62kNet result 2021: €41k€41kOperating result 2022: €14k€14kNet result 2022: €4k€4kOperating result 2023: €-15k€-15kNet result 2023: €-36k€-36kOperating result 2024: €-94k€-94kNet result 2024: €-102k€-102k20202021202220232024
The operating result stays negative: a loss of €94k in 2024 against €15k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €496k
Fixed assets €123k▼ 18.1%
Current assets €372k▼ 16.7%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-40k
2023 · €34k
Cash flow
€-48k
2023 · €12k
Solvency
-39.5%
2023 · -15.7%
Current ratio
0.54
2023 · 0.65
Quick ratio
0.54
2023 · 0.65
Debt / equity
-3.53
2023 · -7.38
ROA
-20.6%
2023 · -6.1%
Interest coverage
-0.75
2023 · 1.77
Debt
€691k=
2023 · €691k
Debt ≤ 1 year
€684k
2023 · €684k
Income taxes
€4k
2023 · €2k
Staff costs
€391k
2023 · €455k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€597k€496k
Fixed assets21/28€151k€123k
Tangible fixed assets22/27€150k€123k
Plant, machinery and equipment23€103k€80k
Furniture and vehicles24€46k€42k
Financial fixed assets28€803€803=
Current assets29/58€447k€372k
Amounts receivable within one year40/41€436k€354k
Trade receivables40€432k€351k
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€8k€6k
Deferred charges and accrued income490/1€2k€12k
Equity and liabilities
Total equity and liabilities10/49€597k€496k
Equity10/15€-94k€-196k
Contributions10/11€19k€19k=
Reserves13€38k€38k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Tax-exempt reserves132€36k€36k=
Distributable reserves133€124€124=
Profit (loss) carried forward14€-151k€-253k
Amounts payable17/49€691k€691k=
Amounts payable within one year42/48€684k€684k
Financial debts43€178k€179k
Credit institutions430/8€173k€174k
Other loans439€5k€5k=
Trade debts44€130k€93k
Suppliers440/4€130k€93k
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€182k€254k
Taxes450/3€107k€158k
Remuneration and social security454/9€75k€96k
Other amounts payable47/48€189k€159k
Accrued charges and deferred income492/3€7k€7k
Income statement Code20232024
Remuneration, social security and pensions62€455k€391k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€54k
Other operating charges640/8€11k€9k
Gross operating margin9900€500k€360k
Operating profit (loss)9901€-15k€-94k
Financial income75/76B-€48k
Recurring financial income75-€48k
Financial charges65/66B€19k€53k
Recurring financial charges65€19k€53k
Profit (loss) for the period before taxes9903€-34k€-98k
Income taxes67/77€2k€4k
Profit (loss) for the period9904€-36k€-102k
Profit (loss) for the period to be appropriated9905€-36k€-102k
Appropriation of the result
Profit (loss) to be appropriated9906€-151k€-253k
Profit (loss) brought forward from the previous period14P€-114k€-151k

The notes to these accounts (7 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

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
07-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
31-12
Financial Highest result since 2018net €41k ▲25%
Net result €41k, the highest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 61 days late
27-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 300 days late
2020
31-12
Financial Back to profitnet €33k
Net result €33k after one loss-making year.
2019
31-12
Financial Weakest financial yearnet €-145k ▼454%
Net result drops to €-145k, the lowest in the series; recovery starts the following year.
16-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 77 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
21-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 52 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 1987
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.

Terhulpsesteenweg 2681170 Watermaal-Bosvoorde
Ground area
406 m²
Building footprint
385 m²
Volume, LiDAR
2,253 m³
Parcel 21652E0744/00S003, Brussels · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRIANGLE
Terhulpsesteenweg 268, 1170 Watermaal-BosvoordeOther professional, scientific and technical activities
since 19872.032.893.336
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0744/00S003 Brussels 406 m² 1 · 385 m² 12.9 m · 2 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.

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 to 2025 · 19 entries · 230,458 EUR in total
Year Entries paid
2025 7 97,489 EUR
2024 5 43,404 EUR
2023 3 43,565 EUR
2022 2 19,000 EUR
2021 2 27,000 EUR
Budget allocations
Aide à la création - relance de la production indépendante avec la RTBF
4 entries · 45,183 EUR
Fonds budgétaire destiné à la répartition du bénéfice annuel de la Loterie nationale entre les attributaires (C)
4 entries · 30,075 EUR
Commission Séries
1 entry · 19,200 EUR
Commission du Cinéma - Aide aux projets
1 entry · 10,000 EUR

Similar companies · same sector, comparable size

Of 1,325 companies in sector 59111 we hold annual accounts for 688. 414 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded01-03-1987
Fiscal year end31-12
Activities, NACEBEL
59111Production of cinema films
59120Post-production of films, video and television programmes
92114
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.