TRIMET
ActiveTRIMET has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.09M and a net result of €68k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 1221 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▼-7
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 15.2 against 12.8 in 2023), and 5.1% of the assets are financed with debt.
Credit advice 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
94.9%
Return on assets
5.9%
Age of the figures
20 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 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
15 d early
2022
2 d late
2021
34 d early
2020
15 d early
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.09M▲ 6.6%
2023 · €1.02M
2018: €605k
2019: €616k
2020: €712k
2021: €841k
2022: €943k
2023: €1.02M
2018 → 2024
Total assets
€1.15M▲ 5.5%
2023 · €1.09M
2018: €1.22M
2019: €1.22M
2020: €1.07M
2021: €1.14M
2022: €1.06M
2023: €1.09M
2018 → 2024
Net result
€68k▼ 12.1%
2023 · €77k
2018: €26k
2019: €10k
2020: €96k
2021: €129k
2022: €103k
2023: €77k
2018 → 2024
Working capital
€774k▲ 6.0%
2023 · €730k
2018: €282k
2019: €334k
2020: €381k
2021: €523k
2022: €624k
2023: €730k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€712k-€841k▲ 18.1%€943k▲ 12.2%€1.02M▲ 8.1%€1.09M▲ 6.6%
Operating result€149k-€188k▲ 25.8%€144k▼ 23.5%€115k▼ 20.1%€89k▼ 22.7%
Net result€96k-€129k▲ 34.2%€103k▼ 20.5%€77k▼ 25.1%€68k▼ 12.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 23% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.15M
Fixed assets
€318k▲ 8.0%
Current assets
€828k▲ 4.6%
Equity and liabilities €1.15M
Equity
€1.09M▲ 6.6%
Debt
€58k▼ 11.3%
The debt ratio falls from 6.0% to 5.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€117k▼
2023 · €144k
Cash flow
€96k▼
2023 · €105k
Solvency
94.9%▲
2023 · 94.0%
Current ratio
15.20▲
2023 · 12.80
Quick ratio
11.21▲
2023 · 9.11
Debt / equity
0.05▼
2023 · 0.06
ROE
6.2%▼
2023 · 7.5%
ROA
5.9%▼
2023 · 7.1%
Interest coverage
118.42▼
2023 · 283.47
Debt
€58k▼
2023 · €66k
Debt ≤ 1 year
€54k▼
2023 · €62k
Income taxes
€28k▼
2023 · €43k
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€1.09M€1.15M▲
Fixed assets21/28€294k€318k▲
Tangible fixed assets22/27€292k€315k▲
Land and buildings22€270k€256k▼
Plant, machinery and equipment23€18k€29k▲
Furniture and vehicles24€3k€30k▲
Financial fixed assets28€3k€3k=
Current assets29/58€792k€828k▲
Amounts receivable after more than one year29€237k€284k▲
Other amounts receivable291€237k€284k▲
Stocks and contracts in progress3€228k€218k▼
Stocks30/36€26k€51k▲
Contracts in progress37€202k€166k▼
Amounts receivable within one year40/41€251k€187k▼
Trade receivables40€167k€118k▼
Other amounts receivable41€84k€69k▼
Cash at bank and in hand54/58€72k€122k▲
Deferred charges and accrued income490/1€3k€17k▲
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.15M▲
Equity10/15€1.02M€1.09M▲
Contributions10/11€50k€50k=
Revaluation surpluses12€153k€146k▼
Reserves13€817k€892k▲
Distributable reserves133€817k€892k▲
Amounts payable17/49€66k€58k▼
Amounts payable within one year42/48€62k€54k▼
Trade debts44€35k€43k▲
Suppliers440/4€35k€43k▲
Taxes, remuneration and social security45€27k€12k▼
Taxes450/3€27k€12k▼
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20232024
Remuneration, social security and pensions62€171-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€28k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€5k€6k▲
Gross operating margin9900€149k€126k▼
Operating profit (loss)9901€115k€89k▼
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€506€988▲
Recurring financial charges65€506€988▲
Profit (loss) for the period before taxes9903€120k€96k▼
Income taxes67/77€43k€28k▼
Profit (loss) for the period9904€77k€68k▼
Profit (loss) for the period to be appropriated9905€77k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€68k▼
Transfer to equity691/2€77k€68k▼
To other reserves6921€77k€68k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 12.80
Current ratio from 6.39 to 12.80; short-term debt falls from €116k to €62k.
31-12
Financial
Equity above €1MEq €1.02M ▲8.1%
6 profitable years in a row build equity to €1.02M.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 6.39
Current ratio from 2.96 to 6.39; short-term debt falls from €267k to €116k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €129k ▲34.2%
Operating result €188k, net result €129k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet €10k ▼60.1%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lanaken · 1 establishment unit since 1994
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.
Europark 103620 LanakenGround area
3,663 m²
Building footprint
744 m²
Volume, LiDAR
4,640 m³
Parcel 73042C0144/00C000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Europark 10, 3620 Lanaken
since 19942.066.938.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042C0144/00C000 | Flanders | 3,663 m² | 1 · 744 m² | 7.7 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.
Similar companies · same sector, comparable size
Janson Bridging Belgium
BE 0412.061.839
Antwerpen · Eq €1.09M
CONSTRUCTIEWERKHUIZEN JEF LEONARD
BE 0456.542.871
Wuustwezel · Eq €1.09M
VERMO
BE 0436.471.096
Hooglede · Eq €1.09M
Deliconstruct
BE 0421.475.490
Wingene · Eq €1.08M
METAL QUARTZ
BE 0473.062.169
Péruwelz · Eq €1.08M
Of 3,964 companies in sector 25110 we hold annual accounts for 2,132. 1,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-1994
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.