Equity
TRINITY GROUP has made a profit without a break since 2012.
TRINITY GROUP has made a profit without a break since 2012.
Green is investment, beige is depreciation.
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, large). It does better than 67% of them on solvency, 85% on liquidity, 19% on profitability and 61% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 2.25 (1.55 in 2024), above the usual 1.5. Short-term debt is 3.4% and cash 3.2% of total assets. 3.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 22 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
TRINITY GROUP has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46.4m and a net result of €2.3m.
Equity has been stable since 2018 (±1.1% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
48.0m | 46.8m | 48.0m | 47.5m | 47.1m | 47.6m | 47.5m | 46.1m | 45.0m | 44.7m | 44.6m | 44.5m | 29.7m | 27.2m | 24.1m | |
21/28 |
44.3m | 43.9m | 44.0m | 44.0m | 43.9m | 43.9m | 43.8m | 43.6m | 43.3m | 43.2m | 43.2m | 43.1m | 28.3m | 26.7m | 24.1m | |
22/27 |
494,993 | 86,842 | 114,723 | 163,258 | 107,198 | 130,438 | 169,269 | 155,071 | 2,067 | 3,294 | - | - | - | - | - | |
22 |
199,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
295,134 | 86,842 | 114,723 | 163,258 | 107,198 | 130,438 | 169,269 | 155,071 | 2,067 | 3,294 | - | - | - | - | - | |
28 |
43.9m | 43.9m | 43.9m | 43.9m | 43.8m | 43.7m | 43.7m | 43.4m | 43.3m | 43.2m | 43.2m | 43.1m | 28.3m | 26.7m | 24.1m | |
29/58 |
3.7m | 2.9m | 4.0m | 3.5m | 3.2m | 3.8m | 3.6m | 2.5m | 1.7m | 1.4m | 1.4m | 1.4m | 1.4m | 599,283 | 435 | |
40/41 |
173,891 | 43,475 | 1.9m | 1.2m | 35,422 | 70,681 | 53,848 | 44,880 | 7,558 | 5,863 | 5,000 | 12,000 | 24,400 | 12,000 | - | |
40 |
17,036 | 18,475 | 21,200 | 25,414 | 20,546 | 61,471 | 46,968 | 212 | 597 | 2,313 | 5,000 | - | - | - | - | |
41 |
156,855 | 25,000 | 1.9m | 1.2m | 14,876 | 9,210 | 6,880 | 44,668 | 6,961 | 3,550 | - | 12,000 | 24,400 | 12,000 | - | |
50/53 |
2.0m | 960,256 | 911,944 | 896,700 | 890,909 | 1.2m | 877,695 | 865,577 | 865,577 | 1.4m | 1.3m | 1.3m | 1.3m | 500,000 | - | |
54/58 |
1.5m | 1.9m | 1.2m | 1.3m | 2.3m | 2.5m | 2.7m | 1.6m | 803,907 | 64,104 | 52,025 | 53,571 | 99,152 | 87,253 | 435 | |
490/1 |
5,377 | 5,057 | 4,481 | 1,828 | 1,695 | 1,638 | 1,565 | 5,590 | 1,534 | 2,379 | 206 | 500 | 500 | 30 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
48.0m | 46.8m | 48.0m | 47.5m | 47.1m | 47.6m | 47.5m | 46.1m | 45.0m | 44.7m | 44.6m | 44.5m | 29.7m | 27.2m | 24.1m | |
10/15 |
46.4m | 45.0m | 46.8m | 46.5m | 45.8m | 44.9m | 44.2m | 42.9m | 44.9m | 44.1m | 43.9m | 43.7m | 29.7m | 27.2m | 24.1m | |
10/11 |
37.0m | 37.0m | 40.0m | 40.0m | 40.0m | 40.0m | 40.0m | 40.0m | 43.1m | 43.1m | 43.1m | 43.1m | 43.1m | 43.1m | 43.1m | |
100 |
- | - | - | - | - | - | 40.0m | 40.0m | 43.1m | 43.1m | 43.1m | 43.1m | 43.1m | 43.1m | 43.1m | |
13 |
8.8m | 7.4m | 6.2m | 5.9m | 5.3m | 4.3m | 3.6m | 2.3m | 1.2m | 459,275 | 277,954 | 75,000 | - | - | - | |
130/1 |
- | - | - | 246,600 | 246,600 | 246,600 | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 246,600 | 246,600 | 189,000 | 146,000 | 111,000 | 75,000 | - | - | - | |
1311 |
- | - | - | 246,600 | 246,600 | 246,600 | - | - | - | - | - | - | - | - | - | |
133 |
8.8m | 7.4m | 6.2m | 5.7m | 5.0m | 4.0m | 3.4m | 2.0m | 1.0m | 313,275 | 166,954 | - | - | - | - | |
14 |
567,390 | 567,390 | 567,390 | 567,145 | 567,140 | 567,140 | 567,114 | 567,114 | 567,114 | 566,106 | 566,106 | 566,106 | -13.4m | -15.9m | -19.0m | |
17/49 |
1.6m | 1.8m | 1.3m | 983,566 | 1.3m | 2.8m | 3.3m | 3.2m | 110,636 | 547,879 | 698,574 | 749,454 | 34,754 | 25,095 | 16,300 | |
17 |
- | - | - | - | - | - | - | - | - | - | 144,000 | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | 144,000 | - | - | - | - | |
42/48 |
1.6m | 1.8m | 1.3m | 983,566 | 1.3m | 2.8m | 3.3m | 3.2m | 110,636 | 547,879 | 554,574 | 749,454 | 34,754 | 25,095 | 16,300 | |
43 |
500,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
500,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
- | - | - | 2,145 | 2,573 | 20,504 | 6,054 | 1,762 | 1,703 | 2,257 | - | 1,105 | 1,128 | 1,130 | 1,300 | |
440/4 |
- | - | - | 2,145 | 2,573 | 20,504 | 6,054 | 1,762 | 1,703 | 2,257 | - | 1,105 | 1,128 | 1,130 | 1,300 | |
45 |
225,087 | 247,134 | 259,160 | 252,421 | 113,500 | 217,774 | 132,930 | 99,888 | 73,084 | 16,258 | 16,695 | - | 10,500 | - | - | |
450/3 |
225,087 | 247,134 | 259,160 | 252,421 | 113,500 | 217,774 | 132,930 | 99,888 | 73,084 | 16,258 | 16,695 | - | 10,500 | - | - | |
47/48 |
915,965 | 1.6m | 994,745 | 729,000 | 1.2m | 2.5m | 3.1m | 3.1m | 35,849 | 529,364 | 537,879 | 748,349 | 23,126 | 23,965 | 15,000 | |
| Income statement | ||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | 14.8m | 1.6m | 2.6m | - | |
9900 |
-23,581 | -16,410 | -3,955 | -14,920 | -26,917 | -38,284 | -87,905 | -72,793 | -43,247 | -50,561 | -23,021 | -50,463 | -109,836 | -25,680 | -15,865 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,865 | |
630 |
37,507 | 36,629 | 48,535 | 69,678 | 57,052 | 54,798 | 53,062 | 39,983 | 1,227 | 1,227 | - | - | - | - | - | |
640/8 |
27,892 | 12,401 | 38,086 | 73,793 | 1,745 | 1,835 | 5,431 | 3,092 | 2,582 | 5,814 | 957 | 13,357 | 957 | 348 | - | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.0m | |
9901 |
-88,980 | -65,440 | -90,576 | -158,391 | -85,714 | -94,917 | -146,398 | -115,868 | -47,056 | -57,602 | -23,978 | -63,820 | -110,793 | -26,028 | -15,865 | |
75/76B |
2.6m | 2.8m | 1.5m | 1.7m | 1.4m | 1.0m | 1.6m | 1.3m | 896,139 | 760,580 | 744,873 | 33,990 | 926,631 | 616,271 | - | |
75 |
2.6m | 2.8m | 1.5m | 1.7m | 1.4m | 1.0m | 1.6m | 1.3m | 896,139 | 760,580 | 744,873 | 33,990 | 926,631 | 616,271 | - | |
65/66B |
1,475 | 498 | 1,932 | 378 | 117,831 | 5,599 | 6,086 | 2,980 | 4,616 | 5,399 | 1,246 | 862 | 728 | 190 | - | |
65 |
1,475 | 498 | 1,932 | 378 | 117,831 | 5,599 | 6,086 | 2,980 | 4,616 | 5,399 | 1,246 | 862 | 728 | 190 | - | |
9903 |
2.5m | 2.8m | 1.4m | 1.5m | 1.2m | 935,991 | 1.5m | 1.2m | 844,467 | 697,579 | 719,649 | 14.8m | 2.5m | 3.2m | -19.0m | |
67/77 |
231,954 | 254,856 | 130,089 | 139,485 | 113,750 | 86,465 | 133,410 | 99,888 | 71,459 | 16,258 | 16,695 | - | - | - | - | |
9904 |
2.3m | 2.5m | 1.3m | 1.4m | 1.1m | 849,526 | 1.3m | 1.1m | 773,008 | 681,321 | 702,954 | 14.8m | 2.5m | 3.2m | -19.0m | |
9905 |
2.3m | 2.5m | 1.3m | 1.4m | 1.1m | 849,526 | 1.3m | 1.1m | 773,008 | 681,321 | 702,954 | 14.8m | 2.5m | 3.2m | -19.0m | |
| Appropriation of the result | ||||||||||||||||
9906 |
2.9m | 3.1m | 1.8m | 1.9m | 1.7m | 1.4m | 1.9m | 1.6m | 1.3m | 1.2m | 1.3m | 1.4m | -13.4m | -15.9m | -19.0m | |
14P |
567,390 | 567,390 | 567,145 | 567,140 | 567,140 | - | - | - | - | - | - | - | - | - | - | |
791/2 |
849,500 | 1.3m | 994,745 | 729,000 | 146,320 | 166,954 | - | - | - | - | - | - | - | - | - | |
691/2 |
2.3m | 2.5m | 1.3m | 1.4m | 1.1m | 849,500 | 1.3m | 1.1m | 772,000 | 181,321 | 202,954 | 75,000 | - | - | - | |
6920 |
- | - | - | - | - | - | - | 57,600 | 43,000 | 35,000 | 36,000 | 75,000 | - | - | - | |
6921 |
2.3m | 2.5m | 1.3m | 1.4m | 1.1m | 849,500 | 1.3m | 994,745 | 729,000 | 146,321 | 166,954 | - | - | - | - | |
694/7 |
849,500 | 1.3m | 994,745 | 729,000 | 146,320 | 166,954 | - | - | - | 500,000 | 500,000 | 717,500 | - | - | - | |
694 |
849,500 | 1.3m | 994,745 | 729,000 | 146,320 | 166,954 | - | - | - | 500,000 | 500,000 | 717,500 | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 22-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 22-05-2026 | 2026-00118046 | |
| 31-12-2024 | full format | 26-05-2025 | 2025-00107779 | |
| 31-12-2023 | full format | 04-07-2024 | 2024-00216642 | |
| 31-12-2022 | full format | 23-06-2023 | 2023-00159249 | |
| 31-12-2021 | full format | 14-07-2022 | 2022-20192799 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-61800478 | |
| 31-12-2019 | full format | 31-08-2020 | 2020-48700111 | |
| 31-12-2018 | full format | 29-08-2019 | 2019-58700325 | |
| 31-12-2017 | full format | 11-09-2018 | 2018-62800409 | |
| 31-12-2016 | full format | 23-08-2017 | 2017-47300216 | |
| 31-12-2015 | full format | 25-08-2016 | 2016-51900070 | |
| 31-12-2014 | full format | 27-08-2015 | 2015-49600421 | |
| 31-12-2013 | full format | 29-08-2014 | 2014-55100457 | |
| 31-12-2012 | full format | 22-07-2013 | 2013-32500019 | |
| 31-12-2011 | full format | 20-07-2012 | 2012-33100318 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -51,473 | -28,811 | -42,041 | -88,713 | -28,662 | -40,119 | -93,336 | -75,885 | -45,829 | -56,375 | - | - | - | - | - | ||
| 2.3m | 2.6m | 1.3m | 1.4m | 1.2m | 904,324 | 1.4m | 1.1m | 774,235 | 682,548 | - | - | - | - | - | ||
| 445,658 | 8,748 | 0 | 175,738 | 108,808 | 76,342 | 325,235 | 287,317 | 84,382 | 4,521 | 144,000 | - | 1.6m | - | 43.1m | ||
| -318,014 | 617,777 | -102,148 | -966,202 | -229,110 | -161,478 | 1.1m | 786,458 | 739,803 | 12,079 | -1,546 | -45,581 | 11,899 | 86,818 | - | ||
| 2.0m | 1.0m | 2.8m | 2.5m | 1.9m | 1.0m | 344,575 | -718,049 | 1.6m | 878,087 | 844,060 | 641,106 | 1.4m | 574,188 | -15,865 | ||
| 96.6% | 96.1% | 97.4% | 97.9% | 97.2% | 94.2% | 93.1% | 93.0% | 99.8% | 98.8% | 98.4% | 98.3% | 99.9% | 99.9% | 99.9% | ||
| 2.25 | 1.55 | 3.23 | 3.51 | 2.48 | 1.36 | 1.11 | 0.78 | 15.17 | 2.60 | 2.52 | 1.86 | 40.98 | 23.88 | 0.03 | ||
| 0.04 | 0.04 | 0.03 | 0.02 | 0.03 | 0.06 | 0.07 | 0.08 | 0.00 | 0.01 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | ||
| 4.9% | 5.6% | 2.7% | 3.0% | 2.4% | 1.9% | 3.0% | 2.5% | 1.7% | 1.5% | 1.6% | 33.8% | 8.3% | 11.7% | -79.2% | ||
| 4.8% | 5.4% | 2.6% | 2.9% | 2.4% | 1.8% | 2.8% | 2.3% | 1.7% | 1.5% | 1.6% | 33.2% | 8.3% | 11.6% | -79.1% | ||
| -34.90 | -57.85 | -21.76 | -234.69 | -0.24 | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30 days |
EBIT margin: not included in this filing.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €445,658 | €8,748 | - | €125,738 | €33,812 |
| Financial fixed assets | - | - | - | €50,000 | €74,996 |
| €37,507 | €36,629 | €48,535 | €69,678 | €57,052 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €88,980, larger than the loss of €65,440 in 2024.
Debt's share of the balance-sheet total falls from 3.9% to 3.4%. Equity is higher and debt is lower.
Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
| COLIPHIN INVEST
registered office since 16-06-2011 · founded in 2011 |
total assets €58.4m (2025) 0837.029.628 |
| AILE FINANCE
establishment since 29-05-2013 · founded in 2013 |
total assets €42.3m (2025) 0534.778.816 |
| SILEX GROUP
registered office since 18-08-2016 · founded in 2016 |
total assets €38.2m (2025) 0661.565.338 |
| FINANCIERE IXELLES
establishment since 02-09-2013 · founded in 2013 |
total assets €24.6m (2025) 0537.837.482 |
| WORKWAYS
registered office since 28-12-2021 · founded in 2021 · negative equity (2024) · accounts filed late |
total assets €23.8m (2024) 0779.434.293 |
| JDS IMMO
registered office since 23-06-2004 · founded in 2004 · negative equity (2024) · accounts filed late |
total assets €20.5m (2024) 0865.934.242 |
| K PROPERTIES BUSINESS
registered office since 19-05-2017 · founded in 2017 · accounts filed late |
total assets €18.0m (2024) 0675.857.594 |
| BAKER ONE INVESTMENTS
registered office since 02-10-2014 · founded in 2014 |
total assets €15.7m (2025) 0563.567.723 |
| ELIOfI
registered office since 09-12-2015 · founded in 1992 · accounts filed late |
total assets €12.9m (2024) 0643.577.380 |
| RENAISSANCE ET CELTITUDE
registered office since 01-04-2012 · founded in 2012 |
total assets €11.5m (2025) 0844.656.402 |
Source for every holding own accounts 2025
The network starts from the directors of TRINITY GROUP. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Floréallaan 156 registered office 1180 Uccle 64210 Activities of holding companies | 13-10-2011 | 2.279.344.996 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21016B0215/00Y002 | 370 m² | 1 · 252 m² | 20.5 m · 6 |
If something looks wrong or is missing, please tell us.