Equity
€683,988 from €3.0m in 2019
Equity fell by 77% in 6 years.
Tripan
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €20.9m (2023)
€13.9m▼ 22.6%
lowest -€1.3m (2021)
-€326,242▼ €198,502
peak €3.0m (2019)
€683,988▼ 32.3%
€22.6m▲ 40.0%
peak 68 FTE (2021)
50.9 FTE▼ 13.1%
Board9 names since 2017
5 directorsNaessens Sem and 4 others
Owners3 names in the annual accounts
100%WILLY NAESSENS CONCRETE and 1 other
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Turnover from €18.0m to €13.9mLoss of €326,242Staff from 58.6 FTE to 50.9 FTENew director 22-08Equity from €1.0m to €683,988Debts from €16.1m to €22.6m
Key points
from the 2025 annual accountsResult
-€326,242 ▼ 155%
The result fell in 2025 from -€127,741 to -€326,242.
Debts
€22.6m 97% of the balance sheet
Financial debts 48%Suppliers 27%Taxes and wages 2%Other 22%
Of this, €7.8m falls due within a year.
Investments
€8.1m 9.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 172.4% higher than in 2024.
Payment terms
193 days to suppliers
Tripan pays its suppliers 73 days later than in 2024. Customers pay 65 days earlier.
Position in the sector
2.9%
Lower solvency than 92% of companies in non-metallic mineral products. Sector median 46.3% · 366 companies.
Checked score
85
Excellent
Financially stronger than 30% of medium-sized companies in non-metallic mineral products (NACE 23)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 52 companies (NACE 23, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.3%● unchanged vs 08-2025highest value
10-2025: 0.3%● unchanged vs 09-2025highest value
11-2025: 0.3%● unchanged vs 10-2025highest value
12-2025: 0.3%● unchanged vs 11-2025highest value
01-2026: 0.3%● unchanged vs 12-2025highest value
02-2026: 0.2%▼ -0.1 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €683,988 (2.9% of total assets)
Loss of €326,242, the second in a row (financial year 2025)
lowers risk
Sector: Manufacture of other non-metallic mineral products (NACE 23)
Legal form: public limited company
Calculation
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 (NACE 23, medium-sized). It does better than 6% of them on solvency, 69% on liquidity, 33% on profitability and 14% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 140 companies had the same profile as Tripan has now. Each dot is one company, two years later.
96.4%
were still trading
1.4%
stopped another way
2.1%
went bankrupt
The bankruptcy probability of Tripan itself is lower: 0.2% within 12 months. It rests on far more data about Tripan than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 140 companies, not a prediction for Tripan. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.23 (1.84 in 2024), below the usual 1.5. Short-term debt is 33.5% and cash 11% of total assets. 97.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€326,242
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 366 sector peers (2025).
NBB · sector comparisonPosition among 366 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
27 days early
2023
7 days early
2022
39 days early
2021
18 days early
2020
77 days late
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
ND
NV DEROOSE PROJECTS
Director, Deroose Dirk, since 02-06-2023
IB
Ingelbeen BV
Director, Dennis Ingelbeen, since 06-06-2025
- WILLY NAESSENS CONCRETE 100%equity €82.4m (2025) · 2025 annual accounts of WILLY NAESSENS CONCRETE
Recent changes
1 director appointed, 1 statutory auditor reappointed
Reappointment: BV A&C - Bedrijfsrevisor (statutory auditor) · Permanent representative: Bert De Clercq · Appointment: Don Mouling (day-to-day manager) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436333714
New director
BV INGELBEEN appointed, NV Koutermolen resigned · Permanent representative: Dennis Ingelbeen · Director discharge: NV Koutermolen (director (not named in the articles)) · General meeting of 06-06-2025 · Gazette deed
Purpose change · Amendment of the articles
“Onderneming voor het optrekken van gebouwen (ruwbouw en onder dak zetten); Omvat de onderneming voor bekisting…” (deed in Dutch) · General meeting of 09-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Tripan Dilsen-Stokkem | €13.9m | -0.3% | 2.9% | 50.9 |
| KORATON Kortrijk | €15.3m | 21.7% | 88.7% | 41.2 |
| WINDMOLDERS BETON Herk-de-Stad | €19.0m | 14.9% | 91.5% | 48 |
| ECOBETON WATER TECHNOLOGIES Sint-Truiden | €18.0m | -0.1% | 16.6% | 59.6 |
| VB Belgium Tongeren-Borgloon | €11.4m | -3.1% | 24.3% | 41.3 |
| VAN HESSCHE BETON Pittem | €13.4m | 14.2% | 60.1% | 32.3 |
| E.B.R. (EBEMA BETON RIJKEVORSEL) Rijkevorsel | €20.6m | 3.0% | 49.1% | 58.7 |
Grey: the largest companies of the sector (non-metallic mineral products (NACE 23)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Tripan: manufacture of other non-metallic mineral products (NACE 23610). They are comparable in size and age: total assets between €12m and €24m, founded between 1979 and 1995.
Official details
Source: KBO- Status
- Active since 23-12-1988Normal situation
- Activity
- Manufacture of other non-metallic mineral productsNACE 23610
- Joint committees
- 106.02Concrete industry
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.041.776.7543650 Dilsen-Stokkem, since 17-01-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Annual accounts 2025
- €23.2m▲ 35.7%
- Employeeson 31-12-2025
- 51▼ 10.5%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Companies linked to Tripan
Parent and group
Insights on Tripan
Tripan has existed since 1988. Turnover grew from €9.6m in 2006 to €13.9m in 2025.
WILLY NAESSENS CONCRETE holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Tripan
- What is the company number of Tripan?
- The company number of Tripan is 0436.333.714. The VAT number is the same number with BE in front: BE 0436.333.714.
- Where is Tripan based?
- The registered office is at Pannenhuisstraat 44, 3650 Dilsen-Stokkem.Company details
- What does Tripan do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
- What is the legal form of Tripan?
- Tripan is a public limited company (NV).
- When was Tripan founded?
- Tripan was founded on 23-12-1988.
- Is Tripan still active?
- Yes, Tripan is an active enterprise in the KBO register.
- How many employees does Tripan have?
- Tripan had an average of 50.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Tripan fall under?
- In its 2025 annual accounts, Tripan states joint committees 106.02 (Concrete industry) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Tripan?
- The turnover of Tripan was €13.9m in financial year 2025, according to the filed annual accounts.
- Is Tripan profitable?
- In financial year 2025, Tripan made a loss of €326,242.
- Where can I find the annual accounts of Tripan?
- Tripan filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Tripan due?
- Tripan must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.