TRIAXE
ActiveSummary
TRIAXE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.38M and a net result of €274k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 271 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▼-4
Solvency97▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.57 in 2023; short-term debt: 16.1% and cash: 13.3% of total assets), and 28.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.9%
Return on assets
8.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
33 d early
2022
13 d early
2021
3 d early
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€274k▼ 30.8%
2023 · €396k
2018: €125k
2019: €5k▼ -96.3% vs 2018lowest in 7 years
2020: €204k▲ +4277% vs 2019
2021: €363k▲ +78.1% vs 2020
2022: €359k▼ -1.1% vs 2021
2023: €396k▲ +10.5% vs 2022highest in 7 years
2024: €274k▼ -30.8% vs 2023
2018 → 2024
Working capital
€1.00M▼ 11.6%
2023 · €1.13M
2018: €295klowest in 7 years
2019: €734k▲ +149% vs 2018
2020: €777k▲ +5.9% vs 2019
2021: €815k▲ +4.9% vs 2020
2022: €700k▼ -14.2% vs 2021
2023: €1.13M▲ +61.8% vs 2022highest in 7 years
2024: €1.00M▼ -11.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.05M-€1.31M▲ 25.0%€1.67M▲ 27.3%€2.10M▲ 25.5%€2.38M▲ 13.5%
2020: €1.05Mlowest in 5 years
2021: €1.31M▲ +25.0% vs 2020
2022: €1.67M▲ +27.3% vs 2021
2023: €2.10M▲ +25.5% vs 2022
2024: €2.38M▲ +13.5% vs 2023highest in 5 years
Operating result€260k-€440k▲ 69.4%€467k▲ 6.3%€513k▲ 9.7%€368k▼ 28.3%
2020: €260klowest in 5 years
2021: €440k▲ +69.4% vs 2020
2022: €467k▲ +6.3% vs 2021
2023: €513k▲ +9.7% vs 2022highest in 5 years
2024: €368k▼ -28.3% vs 2023
Net result€204k-€363k▲ 78.1%€359k▼ 1.1%€396k▲ 10.5%€274k▼ 30.8%
2020: €204klowest in 5 years
2021: €363k▲ +78.1% vs 2020
2022: €359k▼ -1.1% vs 2021
2023: €396k▲ +10.5% vs 2022highest in 5 years
2024: €274k▼ -30.8% vs 2023
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.31M
Fixed assets
€1.78M ▲ 12.6%
Current assets
€1.53M ▼ 17.4%
Equity and liabilities €3.31M
Equity
€2.38M ▲ 13.5%
Debt
€931k ▼ 30.3%
Debt's share of the balance-sheet total falls from 38.9% to 28.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€519k▼
2023 · €652k
Cash flow
€425k▼
2023 · €536k
Current ratio
2.88▲
2023 · 2.57
Quick ratio
2.72▲
2023 · 2.46
Debt to equity
0.39▼
2023 · 0.64
ROE
11.5%▼
2023 · 18.9%
ROA
8.3%▼
2023 · 11.5%
Interest coverage
20.22▼
2023 · 30.43
Debt ≤ 1 year
€533k▼
2023 · €723k
Debt > 1 year
€399k▼
2023 · €612k
Income taxes
€86k▼
2023 · €125k
Staff costs
€381k▲
2023 · €357k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.43M€3.31M▼
Fixed assets21/28€1.58M€1.78M▲
Tangible fixed assets22/27€1.56M€1.76M▲
Land and buildings22€815k€800k▼
Plant, machinery and equipment23€425k€747k▲
Furniture and vehicles24€115k€89k▼
Leasing and similar rights25€135k€118k▼
Other tangible fixed assets26€8k€6k▼
Assets under construction and advance payments27€62k-
Financial fixed assets28€16k€16k=
Current assets29/58€1.85M€1.53M▼
Amounts receivable after more than one year29€355k€355k=
Other amounts receivable291€355k€355k=
Stocks and contracts in progress3€74k€85k▲
Stocks30/36€74k€85k▲
Amounts receivable within one year40/41€699k€632k▼
Trade receivables40€538k€489k▼
Other amounts receivable41€162k€143k▼
Cash at bank and in hand54/58€707k€439k▼
Deferred charges and accrued income490/1€20k€22k▲
Equity and liabilities
Total equity and liabilities10/49€3.43M€3.31M▼
Equity10/15€2.10M€2.38M▲
Contributions10/11€19k€19k=
Reserves13€1.08M€1.08M=
Non-distributable reserves130/1€547k€547k=
Reserves not available under the articles1311€547k€547k=
Tax-exempt reserves132€484k€484k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€935k€1.21M▲
Investment grants15€59k€68k▲
Amounts payable17/49€1.34M€931k▼
Amounts payable after more than one year17€612k€399k▼
Financial debts170/4€612k€399k▼
Amounts payable within one year42/48€723k€533k▼
Current portion of amounts payable after more than one year42€251k€231k▼
Trade debts44€238k€120k▼
Suppliers440/4€238k€120k▼
Taxes, remuneration and social security45€39k€52k▲
Taxes450/3€9k€21k▲
Remuneration and social security454/9€30k€31k▲
Other amounts payable47/48€196k€130k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€357k€381k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€140k€151k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€-17k▼
Other operating charges640/8€22k€64k▲
Gross operating margin9900€1.04M€947k▼
Operating profit (loss)9901€513k€368k▼
Financial income75/76B€30k€18k▼
Recurring financial income75€30k€18k▼
Financial charges65/66B€21k€26k▲
Recurring financial charges65€21k€26k▲
Profit (loss) for the period before taxes9903€522k€360k▼
Income taxes67/77€125k€86k▼
Profit (loss) for the period9904€396k€274k▼
Transfer to tax-exempt reserves689€168k-
Profit (loss) for the period to be appropriated9905€228k€274k▲
Appropriation of the result
Profit (loss) to be appropriated9906€935k€1.21M▲
Profit (loss) brought forward from the previous period14P€708k€935k▲
Social balance
Average headcount (FTE)90877.17.2▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €216k | €281k | €357k | €381k | ▲ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69k | €81k | €121k | €140k | €151k | ▲ 8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5k | €-2k | €9k | €-17k | ▼ 296% |
| Other operating charges640/8 | - | €18k | €17k | €22k | €64k | ▲ 189% |
| Non-recurring operating charges66A | - | €6k | €3k | - | - | - |
| Gross operating margin9900 | €546k | €766k | €888k | €1.04M | €947k | ▼ 8.9% |
| Operating profit (loss)9901 | €260k | €440k | €467k | €513k | €368k | ▼ 28.3% |
| Financial income75/76B | - | €7k | €14k | €30k | €18k | ▼ 40.7% |
| Recurring financial income75 | €6k | €7k | €14k | €30k | €18k | ▼ 40.7% |
| Financial charges65/66B | - | €14k | €18k | €21k | €26k | ▲ 19.7% |
| Recurring financial charges65 | €16k | €14k | €18k | €21k | €26k | ▲ 19.7% |
| Profit (loss) for the period before taxes9903 | €249k | €433k | €463k | €522k | €360k | ▼ 31.0% |
| Income taxes67/77 | €46k | €71k | €105k | €125k | €86k | ▼ 31.6% |
| Profit (loss) for the period9904 | €204k | €363k | €359k | €396k | €274k | ▼ 30.8% |
| Transfer from tax-exempt reserves789 | - | €43k | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | €84k | €147k | €168k | - | - |
| Profit (loss) for the period to be appropriated9905 | €119k | €322k | €211k | €228k | €274k | ▲ 20.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.34M | €2.70M | €2.96M | €3.43M | €3.31M | ▼ 3.6% |
| Fixed assets21/28 | €1.02M | €1.21M | €1.46M | €1.58M | €1.78M | ▲ 12.6% |
| Intangible fixed assets21 | €2k | €1k | - | - | - | - |
| Tangible fixed assets22/27 | €1.01M | €1.19M | €1.45M | €1.56M | €1.76M | ▲ 12.8% |
| Land and buildings22 | - | €783k | €831k | €815k | €800k | ▼ 1.9% |
| Plant, machinery and equipment23 | - | €224k | €303k | €425k | €747k | ▲ 75.9% |
| Furniture and vehicles24 | - | €2k | €151k | €115k | €89k | ▼ 22.5% |
| Leasing and similar rights25 | - | €169k | €152k | €135k | €118k | ▼ 12.5% |
| Other tangible fixed assets26 | - | €13k | €10k | €8k | €6k | ▼ 25.0% |
| Assets under construction and advance payments27 | - | €80 | - | €62k | - | - |
| Financial fixed assets28 | €16k | €16k | €16k | €16k | €16k | = |
| Current assets29/58 | €1.32M | €1.49M | €1.49M | €1.85M | €1.53M | ▼ 17.4% |
| Amounts receivable after more than one year29 | - | €435k | €395k | €355k | €355k | = |
| Other amounts receivable291 | - | €435k | €395k | €355k | €355k | = |
| Stocks and contracts in progress3 | €95k | €78k | €81k | €74k | €85k | ▲ 15.3% |
| Stocks30/36 | - | €78k | €81k | €74k | €85k | ▲ 15.3% |
| Amounts receivable within one year40/41 | €586k | €714k | €680k | €699k | €632k | ▼ 9.6% |
| Trade receivables40 | - | €577k | €468k | €538k | €489k | ▼ 9.1% |
| Other amounts receivable41 | - | €137k | €211k | €162k | €143k | ▼ 11.6% |
| Cash at bank and in hand54/58 | €155k | €249k | €324k | €707k | €439k | ▼ 37.9% |
| Deferred charges and accrued income490/1 | - | €13k | €12k | €20k | €22k | ▲ 10.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.34M | €2.70M | €2.96M | €3.43M | €3.31M | ▼ 3.6% |
| Equity10/15 | €1.05M | €1.31M | €1.67M | €2.10M | €2.38M | ▲ 13.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €726k | €767k | €914k | €1.08M | €1.08M | = |
| Non-distributable reserves130/1 | - | €547k | €547k | €547k | €547k | = |
| Reserves not available under the articles1311 | - | €547k | €547k | €547k | €547k | = |
| Tax-exempt reserves132 | - | €168k | €316k | €484k | €484k | = |
| Distributable reserves133 | - | €51k | €51k | €51k | €51k | = |
| Profit (loss) carried forward14 | €275k | €496k | €708k | €935k | €1.21M | ▲ 29.3% |
| Investment grants15 | - | €30k | €29k | €59k | €68k | ▲ 14.8% |
| Amounts payable17/49 | €1.29M | €1.39M | €1.29M | €1.34M | €931k | ▼ 30.3% |
| Amounts payable after more than one year17 | €697k | €711k | €493k | €612k | €399k | ▼ 34.9% |
| Financial debts170/4 | - | €711k | €493k | €612k | €399k | ▼ 34.9% |
| Amounts payable within one year42/48 | €540k | €674k | €793k | €723k | €533k | ▼ 26.3% |
| Current portion of amounts payable after more than one year42 | - | €176k | €187k | €251k | €231k | ▼ 7.9% |
| Trade debts44 | €207k | €223k | €323k | €238k | €120k | ▼ 49.7% |
| Suppliers440/4 | - | €223k | €323k | €238k | €120k | ▼ 49.7% |
| Taxes, remuneration and social security45 | - | €28k | €35k | €39k | €52k | ▲ 34.9% |
| Taxes450/3 | - | €15k | €3k | €9k | €21k | ▲ 141% |
| Remuneration and social security454/9 | - | €13k | €32k | €30k | €31k | ▲ 3.0% |
| Other amounts payable47/48 | - | €248k | €247k | €196k | €130k | ▼ 33.4% |
| Accrued charges and deferred income492/3 | - | €626 | €75 | €1k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €204k | €363k | €359k | €396k | €274k | ▼ 30.8% |
| + Depreciation and write-downs630 | €69k | €81k | €121k | €140k | €151k | ▲ 8.2% |
| Operating cash flow (approximation) | €272k | €443k | €480k | €536k | €425k | ▼ 20.6% |
| Investment in fixed assets (approximation) | - | €-265k | €-376k | €-253k | €-350k | ▼ 38.3% |
| Change in cash | - | €94k | €75k | €383k | €-268k | ▼ 170% |
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
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €396k ▲10.5%
Operating result €513k, net result €396k, both a record.
31-12
Financial
Equity above €2MEq €2.10M ▲25.5%
6 profitable years in a row build equity to €2.10M.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Equity above €1MEq €1.05M ▲15.8%
3 profitable years in a row build equity to €1.05M.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €5k ▼96.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Sprimont · 1 establishment unit since 2007
Ground area
4,863 m²
Parcel 62100D1915/00K002, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Triaxe SPRL
since 20072.164.222.329
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100D1915/00K002 | Wallonia | 4,863 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
12 categoriesTRIAXE SRL34317
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Of 977 companies in sector 38210 we hold annual accounts for 585. 382 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
38330Waste collection, recovery and disposal activities
43110Demolition
46879Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.