Equity
-€176,613 from €277,726 in 2017
Equity fell below zero in 2018.
TRILED
Overview
Lifetime
4 annual accounts with figures on one time axispeak -€114,232 (2016)
-€140,998▲ €159,864
lowest -€819,037 (2017)
-€694,329▲ €124,708
peak €277,726 (2017)
-€176,613▼ €454,340
€1.2m▲ 45.2%
peak 4.8 FTE (2018)
4.8 FTE▲ 4.3%
Owners3 names in the annual accounts
24.78%PI CAPITAL FUND and 1 other
Documentsfilings and deeds
09-08-20199 days late
2018abbreviated format
Gross margin from -€300,862 to -€140,998Loss of €694,329Equity from €277,726 to -€176,613Debts from €817,997 to €1.2mCash from €11,630 to €42,640
Key points
from the 2018 annual accounts, the last ones filedDebts
€1.2m 117% of the balance sheet
After one year 39%Within one year 61%
Of this, €728,277 falls due within a year.
Final months
190 days from reorganisation to bankruptcy
No annual accounts were filed for 2019.
No scoreTurnover not published (abbreviated format)
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Antwerp, Hasselt division · judgment of 01-04-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Antwerp, Hasselt division · judgment of 16-04-2020 · Bankruptcy
Plan approval refused
Enterprise Court of Antwerp · judgment of 30-03-2020 · Judicial reorganisation
6 directors appointed, 4 resignations, 3 reappointments
Reappointments: Nedcon NV, Bénédicte Van de Velde and Kenneth Van de Velde · Permanent representatives: Luc Mertens, Dimitri Heirbaut, Kristof Spagnoli and Kristof Spagnoll · Change of role: Kenneth Van de Velde, from managing director to director · General meeting of 26-02-2020 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 03-02-2014 · bankruptcy closed on 01-04-2025
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on TRILED
Equity fell from €277,726 in 2017 to -€176,613 in 2018, while debts rose from €817,997 to €1.2m.
On 9 October 2019 the court opened a judicial reorganisation. 190 days later came the bankruptcy.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2018
abbreviated format, filed on 09-08-2019, 9 days late-€140,998
▲ €159,864
-€677,829
▲ €119,260
-€473,849
▲ €154,641
-€490,349
▲ €160,090
-17.5%
▼ 42.8 percentage points
0.66
▼ 0.34
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €1.0m on 31-12-2018What the company ownsHow it is paid for
in euro
in euro
Staff
€64,948
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2018, 3 people joined and 2 left. Training hours in 2018: 8.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
1.0m | 1.1m | 969,370 | 707,400 | |
20 |
340 | 581 | 881 | 1,122 | |
21/28 |
532,428 | 490,597 | 428,017 | 257,471 | |
21 |
493,549 | 438,853 | 394,406 | 224,103 | |
22/27 |
27,897 | 40,762 | 33,129 | 32,246 | |
22 |
- | 0 | - | - | |
23 |
16,951 | 26,306 | 31,514 | 31,304 | |
24 |
10,946 | 14,456 | 1,615 | 942 | |
26 |
- | 0 | - | - | |
27 |
- | 0 | - | - | |
28 |
10,982 | 10,982 | 482 | - | |
29/58 |
478,617 | 604,545 | 540,472 | 449,929 | |
290 |
- | 0 | - | - | |
291 |
- | 0 | - | - | |
3 |
178,815 | 298,564 | 209,652 | 80,721 | |
30/36 |
178,815 | 298,564 | 209,652 | 80,721 | |
37 |
- | 0 | - | - | |
40/41 |
252,552 | 291,962 | 313,497 | 313,616 | |
40 |
194,728 | 153,801 | 256,978 | 280,139 | |
41 |
57,823 | 138,161 | 56,519 | 33,476 | |
50/53 |
- | 0 | - | - | |
54/58 |
42,640 | 11,630 | 4,350 | 17,619 | |
490/1 |
4,612 | 2,390 | 12,973 | 37,973 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
1.0m | 1.1m | 969,370 | 707,400 | |
10/15 |
-176,613 | 277,726 | 75,905 | 106,365 | |
10/11 |
1.1m | 831,910 | 721,166 | 421,000 | |
100 |
1.1m | 831,910 | 721,166 | 421,000 | |
101 |
- | 0 | - | - | |
11 |
- | 0 | - | - | |
1100/10 |
- | 0 | - | - | |
12 |
- | 0 | - | - | |
130 |
- | 0 | - | - | |
1312 |
- | 0 | - | - | |
1319 |
- | 0 | - | - | |
132 |
- | 0 | - | - | |
133 |
- | 0 | - | - | |
14 |
-1.3m | -572,184 | -673,261 | -330,635 | |
15 |
8,000 | 18,000 | 28,000 | 16,000 | |
160/5 |
- | 0 | - | - | |
160 |
- | 0 | - | - | |
161 |
- | 0 | - | - | |
162 |
- | 0 | - | - | |
163 |
- | 0 | - | - | |
164/5 |
- | 0 | - | - | |
168 |
- | 0 | - | - | |
17/49 |
1.2m | 817,997 | 893,465 | 601,034 | |
17 |
459,722 | 209,364 | 185,337 | 206,082 | |
170/4 |
459,722 | 209,364 | 185,337 | 206,082 | |
175 |
- | 0 | - | - | |
176 |
- | 0 | - | - | |
178/9 |
- | 0 | - | - | |
42/48 |
728,277 | 608,632 | 701,056 | 394,953 | |
42 |
95,493 | 57,291 | 22,244 | 23,381 | |
43 |
- | 180,000 | 180,000 | - | |
430/8 |
- | 180,000 | 180,000 | - | |
439 |
- | 0 | - | - | |
44 |
546,355 | 337,171 | 472,654 | 351,309 | |
440/4 |
546,355 | 337,171 | 472,654 | 351,309 | |
441 |
- | 0 | - | - | |
46 |
- | 0 | - | - | |
45 |
45,929 | 34,171 | 26,158 | 19,474 | |
450/3 |
1,052 | 5,985 | - | 2,264 | |
454/9 |
44,877 | 28,186 | 26,158 | 17,210 | |
47/48 |
40,500 | 0 | - | 789 | |
492/3 |
- | 0 | 7,072 | - | |
| Income statement | |||||
70 |
- | 0 | - | - | |
76A |
- | 2,694 | - | - | |
9900 |
-140,998 | -300,862 | -114,232 | -184,194 | |
60/61 |
- | 0 | - | - | |
62 |
311,752 | 324,360 | 110,502 | 95,997 | |
630 |
203,979 | 168,598 | 85,692 | 36,680 | |
631/4 |
13,462 | 0 | - | - | |
635/8 |
- | 0 | - | - | |
640/8 |
8,285 | 3,268 | 925 | 1,294 | |
649 |
- | 0 | - | - | |
66A |
-649 | 0 | - | 10,086 | |
9901 |
-677,829 | -797,089 | -311,351 | -318,165 | |
75/76B |
10,076 | 10,000 | 13,196 | 4,765 | |
75 |
10,076 | 10,000 | 13,196 | 4,765 | |
76B |
- | 0 | - | - | |
65/66B |
26,026 | 31,428 | 44,476 | 7,144 | |
65 |
26,026 | 31,428 | 44,476 | 7,144 | |
66B |
- | 0 | - | - | |
9903 |
-693,779 | -818,516 | -342,631 | -330,629 | |
67/77 |
550 | 521 | -5 | 6 | |
9904 |
-694,329 | -819,037 | -342,626 | -330,635 | |
789 |
- | 0 | - | - | |
689 |
- | 0 | - | - | |
9905 |
-694,329 | -819,037 | -342,626 | -330,635 | |
| Appropriation of the result | |||||
9906 |
-1.3m | -1.5m | -673,261 | -330,635 | |
791/2 |
- | 920,113 | - | - | |
691 |
- | 0 | - | - | |
6920 |
- | 0 | - | - | |
6921 |
- | 0 | - | - | |
694 |
- | 0 | - | - | |
695 |
- | 0 | - | - | |
696 |
- | 0 | - | - | |
| Social balance sheet | |||||
9087 |
4.8 | 4.6 | 3.2 | 0.6 | |
Hours worked1013 |
8,421 | 8,040 | 5,745 | 1,789 | |
| Document | |||||
Source: Annual accounts 2018 (PDF), filed on 09-08-2019.
Filings
each dot is a set of accounts, on the day it reached the National Bank2018 annual accounts filed 9 days after the deadline. Filed on 9 August 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-44700305.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| -473,849 | -628,491 | -225,659 | -281,485 | ||
| -490,349 | -650,439 | -256,934 | -293,955 | ||
| 245,570 | 231,178 | 257,360 | 292,949 | ||
| 31,009 | 7,280 | -13,269 | - | ||
| -249,660 | -4,087 | -160,584 | 54,976 | ||
| -17.5% | 25.3% | 7.8% | 15.0% | ||
| 0.66 | 0.99 | 0.77 | 1.14 | ||
| 0.41 | 0.50 | 0.47 | 0.93 | ||
| - | 2.95 | 11.77 | 5.65 | ||
| - | -294.9% | -451.4% | -310.8% | ||
| -68.7% | -74.7% | -35.3% | -46.7% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Insights on TRILED
The operating result for 2018 is a loss of €677,829, smaller than the loss of €797,089 in 2017.
Equity is negative. Debt (€1.2m) exceeds the balance-sheet total (€1.0m).
Large changes and their cause
- 2017 Net result -139% on 2016. This financial year ran 15 months, the previous one 12. The accounts now follow the micro format, last year the abbreviated format.
Board & ownership
Curator
1 mandateCurator, Prins Bisschopssingel 31, 3500 Hasselt
from 16-04-2020 to 01-04-2025
Also on 129 other cases
Control
Capital
- Capital
- €1,081,899.07
- Source
- 2018 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
Source: lists of holdings in the owners' accounts
Timeline
Timeline
12 events since 2014Board
Filings
Financial
Insolvency
2014201620182020202220242026
2025
Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Hasselt division · judgment of 01-04-2025
2020
Bankruptcy published Enterprise Court of Antwerp, Hasselt division · judgment of 16-04-2020
Plan approval refused Enterprise Court of Antwerp · judgment of 30-03-2020
6 directors appointed, 4 resignations, 3 reappointmentsReappointments: Nedcon NV, Bénédicte Van de Velde and Kenneth Van de Velde · Permanent representatives: Luc Mertens, Dimitri Heirbaut, Kristof Spagnoli and Kristof Spagnoll · Change of role: Kenneth Van de Velde, from managing director to director · General meeting of 26-02-202029 points ▸
- General meeting, 17-05-2018
- Director reappointment, Nedcon NV
- Director reappointment, Bénédicte Van de Velde
- Director reappointment, Kenneth Van de Velde
- Permanent representative, Luc Mertens
- Director appointment, Nedcon NV (chair of the board)
- General meeting, 16-05-2019
- General meeting, 21-06-2018
- Director resignation, Kenneth Van de Velde (managing director)
- Director appointment, BVBA AIM Management
- Permanent representative, Dimitri Heirbaut
- General meeting, 27-07-2018
- Director appointment, Kenneth Van de Velde
- Director appointment, Bénédicte Van de Velde (managing director)
- Board meeting, 16-05-2019
- General meeting, 21-11-2018
- Director appointment, Jan Peeters
- Director appointment, BV Mascarat
- Permanent representative, Kristof Spagnoli
- General meeting, 01-10-2019
- Director resignation, Bénédicte Van de Velde (managing director)
- Director appointment, Johan Milliau
- General meeting, 26-02-2020
- Director resignation, Jan Peeters
- Director resignation, Johan Milliau
- Director resignation, BVBA AIM Management
- Board composition, Kenneth Van de Velde (director)
- Board composition, BV Mascarat (director)
- Permanent representative, Kristof Spagnoll
2019
Judicial reorganisation opened Enterprise Court of Antwerp · collective agreement · judgment of 09-10-2019
Annual accounts 2018 filed PDFabbreviated format · 9 days late
2018
Annual accounts 2017 filed PDFmicro format · 4 days before the deadline
2017
Weakest financial year net -€819,037 The net result drops to -€819,037, the lowest from 2015 to 2018.
Equity above €200,000 equity €277,726 ▲266% Equity rises from €75,905 to €277,726.
Annual accounts 2016 filed PDFabbreviated format · 1 day before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 61 days before the deadline
2014
Incorporation PDF8 publications in the Belgian Official Gazette, the last on 11-03-2020
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
Inactive
TRILED is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2018
- Last registered office
- Industrieweg 57B, 3580 Beringenas published on 11 March 2020
- Legal form
- Public limited company
- First annual accounts
- financial year 2015