TRIBA
ActiveSummary
TRIBA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €975k and a net result of €-37k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 71% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability34▼-14
Solvency84▲+2
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.35 in 2023; short-term debt: 28.9% and cash: 1.1% of total assets), and 40.7% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
59.3%
Return on assets
-2.2%
Age of the figures
21 mo
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
69 d late
2022
61 d late
2021
61 d late
2020
61 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€975k▼ 3.7%
2023 · €1.01M
2018: €985k
2019: €993k▲ +0.8% vs 2018
2020: €965k▼ -2.8% vs 2019lowest in 7 years
2021: €974k▲ +1.0% vs 2020
2022: €1.02M▲ +4.5% vs 2021highest in 7 years
2023: €1.01M▼ -0.7% vs 2022
2024: €975k▼ -3.7% vs 2023
2018 → 2024
Total assets
€1.64M▼ 7.5%
2023 · €1.78M
2018: €2.19Mhighest in 7 years
2019: €2.07M▼ -5.2% vs 2018
2020: €1.93M▼ -7.2% vs 2019
2021: €2.04M▲ +5.7% vs 2020
2022: €1.91M▼ -6.2% vs 2021
2023: €1.78M▼ -6.9% vs 2022
2024: €1.64M▼ -7.5% vs 2023lowest in 7 years
2018 → 2024
Net result
€-37k▼ 426%
2023 · €-7k
2018: €-20k
2019: €8k▲ +140% vs 2018
2020: €-28k▼ -444% vs 2019
2021: €9k▲ +134% vs 2020
2022: €44k▲ +365% vs 2021highest in 7 years
2023: €-7k▼ -116% vs 2022
2024: €-37k▼ -426% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-370k▼ 28.5%
2023 · €-288k
2018: €294k
2019: €295k▲ +0.3% vs 2018highest in 7 years
2020: €203k▼ -31.1% vs 2019
2021: €-85k▼ -142% vs 2020
2022: €-185k▼ -117% vs 2021
2023: €-288k▼ -55.9% vs 2022
2024: €-370k▼ -28.5% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€965k-€974k▲ 1.0%€1.02M▲ 4.5%€1.01M▼ 0.7%€975k▼ 3.7%
2020: €965klowest in 5 years
2021: €974k▲ +1.0% vs 2020
2022: €1.02M▲ +4.5% vs 2021highest in 5 years
2023: €1.01M▼ -0.7% vs 2022
2024: €975k▼ -3.7% vs 2023
Operating result€-8k-€25k€85k▲ 244%€23k▼ 72.9%€2k▼ 90.4%
2020: €-8klowest in 5 years
2021: €25k▲ +416% vs 2020
2022: €85k▲ +244% vs 2021highest in 5 years
2023: €23k▼ -72.9% vs 2022
2024: €2k▼ -90.4% vs 2023
Net result€-28k-€9k€44k▲ 365%€-7k€-37k▼ 426%
2020: €-28k
2021: €9k▲ +134% vs 2020
2022: €44k▲ +365% vs 2021highest in 5 years
2023: €-7k▼ -116% vs 2022
2024: €-37k▼ -426% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.64M
Fixed assets
€1.54M ▼ 5.1%
Current assets
€105k ▼ 32.5%
Equity and liabilities €1.64M
Equity
€975k ▼ 3.7%
Debt
€669k ▼ 12.7%
Debt's share of the balance-sheet total falls from 43.1% to 40.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€85k▼
2023 · €106k
Cash flow
€46k▼
2023 · €76k
Current ratio
0.22▼
2023 · 0.35
Quick ratio
0.04▲
2023 · 0.03
Debt to equity
0.69▼
2023 · 0.76
ROE
-3.8%▼
2023 · -0.7%
ROA
-2.2%▼
2023 · -0.4%
Interest coverage
2.19▼
2023 · 3.60
Debt ≤ 1 year
€475k▲
2023 · €444k
Debt > 1 year
€183k▼
2023 · €322k
Income taxes
€186▼
2023 · €523
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.78M€1.64M▼
Fixed assets21/28€1.62M€1.54M▼
Tangible fixed assets22/27€1.62M€1.54M▼
Land and buildings22€1.58M€1.51M▼
Furniture and vehicles24€6k€3k▼
Leasing and similar rights25€34k€26k▼
Financial fixed assets28€500€500=
Current assets29/58€156k€105k▼
Stocks and contracts in progress3€142k€86k▼
Stocks30/36€142k€86k▼
Amounts receivable within one year40/41€897€1k▲
Other amounts receivable41€897€1k▲
Cash at bank and in hand54/58€13k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.78M€1.64M▼
Equity10/15€1.01M€975k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€89k€83k▼
Reserves13€565k€570k▲
Non-distributable reserves130/1€62k€67k▲
Legal reserve130€6k€6k=
Reserves not available under the articles1311€56k€61k▲
Distributable reserves133€503k€503k=
Profit (loss) carried forward14€296k€259k▼
Amounts payable17/49€766k€669k▼
Amounts payable after more than one year17€322k€183k▼
Financial debts170/4€322k€183k▼
Amounts payable within one year42/48€444k€475k▲
Current portion of amounts payable after more than one year42€91k€75k▼
Trade debts44€11k€10k▼
Suppliers440/4€11k€10k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Other amounts payable47/48€338k€381k▲
Accrued charges and deferred income492/3-€10k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€83k▼
Other operating charges640/8€12k€12k▼
Gross operating margin9900€118k€97k▼
Operating profit (loss)9901€23k€2k▼
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€30k€39k▲
Recurring financial charges65€30k€39k▲
Profit (loss) for the period before taxes9903€-7k€-37k▼
Income taxes67/77€523€186▼
Profit (loss) for the period9904€-7k€-37k▼
Profit (loss) for the period to be appropriated9905€-7k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€296k€259k▼
Profit (loss) brought forward from the previous period14P€303k€296k▼
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72k | €74k | €70k | €83k | €83k | ▼ 0.1% |
| Other operating charges640/8 | - | €11k | €11k | €12k | €12k | ▼ 2.7% |
| Gross operating margin9900 | €75k | €110k | €166k | €118k | €97k | ▼ 18.0% |
| Operating profit (loss)9901 | €-8k | €25k | €85k | €23k | €2k | ▼ 90.4% |
| Financial income75/76B | - | €6 | - | €11 | - | - |
| Recurring financial income75 | €21k | €6 | - | €11 | - | - |
| Financial charges65/66B | - | €8k | €17k | €30k | €39k | ▲ 31.8% |
| Recurring financial charges65 | €10k | €8k | €17k | €30k | €39k | ▲ 31.8% |
| Profit (loss) for the period before taxes9903 | €-28k | €17k | €68k | €-7k | €-37k | ▼ 466% |
| Income taxes67/77 | - | €7k | €24k | €523 | €186 | ▼ 64.4% |
| Profit (loss) for the period9904 | €-28k | €9k | €44k | €-7k | €-37k | ▼ 426% |
| Profit (loss) for the period to be appropriated9905 | €-28k | €9k | €44k | €-7k | €-37k | ▼ 426% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.93M | €2.04M | €1.91M | €1.78M | €1.64M | ▼ 7.5% |
| Fixed assets21/28 | €1.44M | €1.66M | €1.70M | €1.62M | €1.54M | ▼ 5.1% |
| Tangible fixed assets22/27 | €1.44M | €1.66M | €1.70M | €1.62M | €1.54M | ▼ 5.1% |
| Land and buildings22 | - | €1.65M | €1.65M | €1.58M | €1.51M | ▼ 4.5% |
| Furniture and vehicles24 | - | €1k | €9k | €6k | €3k | ▼ 55.8% |
| Leasing and similar rights25 | - | €9k | €43k | €34k | €26k | ▼ 26.0% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €486k | €380k | €207k | €156k | €105k | ▼ 32.5% |
| Stocks and contracts in progress3 | €456k | €364k | €172k | €142k | €86k | ▼ 39.4% |
| Stocks30/36 | - | €364k | €172k | €142k | €86k | ▼ 39.4% |
| Amounts receivable within one year40/41 | €6k | €4k | €17k | €897 | €1k | ▲ 51.2% |
| Other amounts receivable41 | - | €4k | €17k | €897 | €1k | ▲ 51.2% |
| Cash at bank and in hand54/58 | €24k | €11k | €18k | €13k | €18k | ▲ 37.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.93M | €2.04M | €1.91M | €1.78M | €1.64M | ▼ 7.5% |
| Equity10/15 | €965k | €974k | €1.02M | €1.01M | €975k | ▼ 3.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | €100k | €95k | €89k | €83k | ▼ 6.2% |
| Reserves13 | €495k | €510k | €559k | €565k | €570k | ▲ 1.0% |
| Non-distributable reserves130/1 | - | €51k | €56k | €62k | €67k | ▲ 9.0% |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | - | €45k | €50k | €56k | €61k | ▲ 10.0% |
| Distributable reserves133 | - | €459k | €503k | €503k | €503k | = |
| Profit (loss) carried forward14 | €303k | €303k | €303k | €296k | €259k | ▼ 12.5% |
| Amounts payable17/49 | €961k | €1.06M | €891k | €766k | €669k | ▼ 12.7% |
| Amounts payable after more than one year17 | €678k | €597k | €499k | €322k | €183k | ▼ 43.1% |
| Financial debts170/4 | - | €597k | €499k | €322k | €183k | ▼ 43.1% |
| Amounts payable within one year42/48 | €283k | €465k | €392k | €444k | €475k | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | - | €98k | €98k | €91k | €75k | ▼ 16.9% |
| Trade debts44 | €12k | €11k | €10k | €11k | €10k | ▼ 8.5% |
| Suppliers440/4 | - | €11k | €10k | €11k | €10k | ▼ 8.5% |
| Taxes, remuneration and social security45 | - | €7k | €26k | €4k | €9k | ▲ 125% |
| Taxes450/3 | - | €7k | €26k | €4k | €9k | ▲ 125% |
| Other amounts payable47/48 | - | €349k | €257k | €338k | €381k | ▲ 12.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €10k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-28k | €9k | €44k | €-7k | €-37k | ▼ 426% |
| + Depreciation and write-downs630 | €72k | €74k | €70k | €83k | €83k | ▼ 0.1% |
| Operating cash flow (approximation) | €44k | €84k | €114k | €76k | €46k | ▼ 39.3% |
| Investment in fixed assets (approximation) | - | €-291k | €-116k | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-12k | €7k | €-5k | €5k | ▲ 198% |
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
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €44k ▲365%
Operating result €85k, net result €44k, both a record.
31-12
Financial
Equity above €1MEq €1.02M ▲4.5%
2 profitable years in a row build equity to €1.02M.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
Show earlier events
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Brugge · 1 establishment unit since 2003
Ground area
1,483 m²
Building footprint
1,349 m²
Volume, LiDAR
10,009 m³
Parcel 31804D0345/00H000, Flanders · tallest building 16.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Triba
since 20032.133.470.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0345/00H000 | Flanders | 1,483 m² | 1 · 1,349 m² | 16.4 m · 2 fl. |
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
Food safety, FASFC
1 siteBrugge2.133.470.656
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 3,955 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
55100Hotels and similar accommodation
55203Holiday cottages, homes and apartments
55204Guest rooms (bed and breakfast)
55209Other holiday and short-stay accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.