Trinco
ActiveSummary
Trinco has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274k and a net result of €14k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-1
Solvency96▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 8.68 against 9.23 in 2024; short-term debt: 3.4% and cash: 10.9% of total assets), and 29.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.5%
Return on assets
3.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
8 d late
2023
8 d late
2022
25 d early
2021
45 d early
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€274k▲ 5.5%
2024 · €259k
2019: €227klowest in 7 years
2020: €233k▲ +3.0% vs 2019
2021: €237k▲ +1.5% vs 2020
2022: €232k▼ -2.1% vs 2021
2023: €243k▲ +4.9% vs 2022
2024: €259k▲ +6.6% vs 2023
2025: €274k▲ +5.5% vs 2024highest in 7 years
2019 → 2025
Total assets
€388k▲ 4.7%
2024 · €371k
2019: €227klowest in 7 years
2020: €234k▲ +3.3% vs 2019
2021: €343k▲ +46.1% vs 2020
2022: €335k▼ -2.3% vs 2021
2023: €352k▲ +5.1% vs 2022
2024: €371k▲ +5.4% vs 2023
2025: €388k▲ +4.7% vs 2024highest in 7 years
2019 → 2025
Net result
€14k▼ 11.3%
2024 · €16k
2019: €-8klowest in 7 years
2020: €7k▲ +191% vs 2019
2021: €22k▲ +225% vs 2020highest in 7 years
2022: €-5k▼ -123% vs 2021
2023: €11k▲ +327% vs 2022
2024: €16k▲ +41.4% vs 2023
2025: €14k▼ -11.3% vs 2024
2019 → 2025
Working capital
€101k▲ 17.8%
2024 · €86k
2021: €65k
2022: €60k▼ -7.9% vs 2021lowest in 5 years
2023: €69k▲ +14.3% vs 2022
2024: €86k▲ +24.6% vs 2023
2025: €101k▲ +17.8% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€237k-€232k▼ 2.1%€243k▲ 4.9%€259k▲ 6.6%€274k▲ 5.5%
2021: €237k
2022: €232k▼ -2.1% vs 2021lowest in 5 years
2023: €243k▲ +4.9% vs 2022
2024: €259k▲ +6.6% vs 2023
2025: €274k▲ +5.5% vs 2024highest in 5 years
Operating result€1k-€-248€15k€23k▲ 53.6%€20k▼ 15.6%
2021: €1k
2022: €-248▼ -121% vs 2021lowest in 5 years
2023: €15k▲ +6271% vs 2022
2024: €23k▲ +53.6% vs 2023highest in 5 years
2025: €20k▼ -15.6% vs 2024
Net result€22k-€-5k€11k€16k▲ 41.4%€14k▼ 11.3%
2021: €22khighest in 5 years
2022: €-5k▼ -123% vs 2021lowest in 5 years
2023: €11k▲ +327% vs 2022
2024: €16k▲ +41.4% vs 2023
2025: €14k▼ -11.3% vs 2024
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 falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €388k
Fixed assets
€274k ▼ 0.2%
Current assets
€114k ▲ 18.7%
Equity and liabilities €388k
Equity
€274k ▲ 5.5%
Debt
€114k ▲ 2.7%
Debt's share of the balance-sheet total falls from 30.0% to 29.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▼
2024 · €24k
Cash flow
€15k▼
2024 · €17k
Current ratio
8.68▼
2024 · 9.23
Debt to equity
0.42▼
2024 · 0.43
ROE
5.2%▼
2024 · 6.2%
ROA
3.7%▼
2024 · 4.4%
Interest coverage
11.40▼
2024 · 13.15
Debt ≤ 1 year
€13k▲
2024 · €10k
Debt > 1 year
€100k=
2024 · €100k
Income taxes
€8k▼
2024 · €9k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€371k€388k▲
Fixed assets21/28€275k€274k▼
Tangible fixed assets22/27€275k€274k▼
Land and buildings22€32k€32k=
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€240k€240k=
Current assets29/58€96k€114k▲
Amounts receivable within one year40/41€68k€72k▲
Trade receivables40€7k€7k▲
Other amounts receivable41€61k€64k▲
Cash at bank and in hand54/58€28k€42k▲
Equity and liabilities
Total equity and liabilities10/49€371k€388k▲
Equity10/15€259k€274k▲
Contributions10/11€19k€19k=
Reserves13€240k€255k▲
Non-distributable reserves130/1-€3k
Reserves not available under the articles1311-€3k
Tax-exempt reserves132€2k€2k=
Distributable reserves133€238k€249k▲
Amounts payable17/49€111k€114k▲
Amounts payable after more than one year17€100k€100k=
Financial debts170/4€100k€100k=
Amounts payable within one year42/48€10k€13k▲
Trade debts44€39€759▲
Suppliers440/4€39€759▲
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48-€611
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€618€618=
Other operating charges640/8€291€294▲
Gross operating margin9900€24k€21k▼
Operating profit (loss)9901€23k€20k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€25k€22k▼
Income taxes67/77€9k€8k▼
Profit (loss) for the period9904€16k€14k▼
Transfer from tax-exempt reserves789€11k-
Profit (loss) for the period to be appropriated9905€27k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€14k▼
Transfer to equity691/2€27k€14k▼
To other reserves6921€27k€14k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €494 | €221 | €97 | €618 | €618 | = |
| Other operating charges640/8 | - | €12k | €282 | €291 | €294 | ▲ 1.2% |
| Gross operating margin9900 | €2k | €12k | €16k | €24k | €21k | ▼ 15.0% |
| Operating profit (loss)9901 | €1k | €-248 | €15k | €23k | €20k | ▼ 15.6% |
| Financial income75/76B | - | €3k | €4k | €3k | €4k | ▲ 18.4% |
| Recurring financial income75 | €6k | €3k | €4k | €3k | €4k | ▲ 18.4% |
| Financial charges65/66B | - | €2k | €2k | €2k | €2k | ▼ 2.2% |
| Recurring financial charges65 | €590 | €2k | €2k | €2k | €2k | ▼ 2.2% |
| Profit (loss) for the period before taxes9903 | €7k | €1k | €17k | €25k | €22k | ▼ 12.2% |
| Income taxes67/77 | €4k | €6k | €6k | €9k | €8k | ▼ 13.6% |
| Profit (loss) for the period9904 | €22k | €-5k | €11k | €16k | €14k | ▼ 11.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €11k | - | - |
| Profit (loss) for the period to be appropriated9905 | €22k | €-5k | €11k | €27k | €14k | ▼ 47.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €343k | €335k | €352k | €371k | €388k | ▲ 4.7% |
| Fixed assets21/28 | €273k | €272k | €275k | €275k | €274k | ▼ 0.2% |
| Tangible fixed assets22/27 | €273k | €272k | €275k | €275k | €274k | ▼ 0.2% |
| Land and buildings22 | - | €32k | €32k | €32k | €32k | = |
| Furniture and vehicles24 | - | - | €3k | €2k | €2k | ▼ 26.0% |
| Other tangible fixed assets26 | - | €240k | €240k | €240k | €240k | = |
| Current assets29/58 | €70k | €62k | €76k | €96k | €114k | ▲ 18.7% |
| Amounts receivable within one year40/41 | €55k | €57k | €63k | €68k | €72k | ▲ 5.0% |
| Trade receivables40 | - | €1k | €3k | €7k | €7k | ▲ 6.7% |
| Other amounts receivable41 | - | €56k | €60k | €61k | €64k | ▲ 4.8% |
| Cash at bank and in hand54/58 | €15k | €5k | €14k | €28k | €42k | ▲ 52.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €343k | €335k | €352k | €371k | €388k | ▲ 4.7% |
| Equity10/15 | €237k | €232k | €243k | €259k | €274k | ▲ 5.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €218k | €213k | €224k | €240k | €255k | ▲ 6.0% |
| Non-distributable reserves130/1 | - | €3k | €3k | - | €3k | - |
| Reserves not available under the articles1311 | - | €3k | €3k | - | €3k | - |
| Tax-exempt reserves132 | - | €13k | €13k | €2k | €2k | = |
| Distributable reserves133 | - | €196k | €208k | €238k | €249k | ▲ 4.6% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €106k | €103k | €109k | €111k | €114k | ▲ 2.7% |
| Amounts payable after more than one year17 | €100k | €100k | €100k | €100k | €100k | = |
| Financial debts170/4 | - | €100k | €100k | €100k | €100k | = |
| Amounts payable within one year42/48 | €5k | €2k | €8k | €10k | €13k | ▲ 26.2% |
| Trade debts44 | €137 | - | €640 | €39 | €759 | ▲ 1,823% |
| Suppliers440/4 | - | - | €640 | €39 | €759 | ▲ 1,823% |
| Taxes, remuneration and social security45 | - | €2k | €7k | €10k | €12k | ▲ 13.4% |
| Taxes450/3 | - | €2k | €7k | €10k | €11k | ▲ 2.8% |
| Remuneration and social security454/9 | - | - | - | - | €1k | - |
| Other amounts payable47/48 | - | - | - | - | €611 | - |
| Accrued charges and deferred income492/3 | - | €750 | €900 | €1k | €1k | ▲ 24.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €-5k | €11k | €16k | €14k | ▼ 11.3% |
| + Depreciation and write-downs630 | €494 | €221 | €97 | €618 | €618 | = |
| Operating cash flow (approximation) | €23k | €-5k | €12k | €17k | €15k | ▼ 10.9% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €0 | €0 | - |
| Change in cash | - | €-10k | €8k | €14k | €15k | ▲ 3.3% |
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
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
2024
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
30-06
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €22k ▲225%
Net result €22k, the highest in the series.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Assenede · 1 establishment unit since 1969
Ground area
3,765 m²
Building footprint
454 m²
Volume, LiDAR
2,824 m³
2 parcels, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Kloosterstraat 54, 9960 Assenede
since 19692.004.036.133
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43002E0982/00H000 | Flanders | 3,468 m² | 1 · 270 m² | 9.3 m · 2 fl. |
| 43002E0381/00B000 | Flanders | 297 m² | 1 · 184 m² | 13.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,761 companies in sector 68321 we hold annual accounts for 1,391. 986 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
Founded08-12-1969
Fiscal year end30-06
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.