TRIPTOLEMUS
ActiveSummary
TRIPTOLEMUS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,997 and a net result of €8,497. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-4
Solvency50▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.48 against 9.39 in 2024; short-term debt: 26% and cash: 44.7% of total assets), but 74.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
25.4%
Return on assets
12%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
4 d early
2022
10 d early
2021
10 d early
2020
12 d late
2019
4 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€17,997▲ 89.5%
2024 · €9,499
Total assets
€70,755▲ 23.7%
2024 · €57,196
Net result
€8,497▼ 1.3%
2024 · €8,609
Working capital
€27,224▲ 43.5%
2024 · €18,972
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€20,938▼ 95.1%-€3,857▲ 81.6%-€8,545▼ 122%€9,018€13,306▲ 47.5%
Net result-€20,952below the sector's middle half▼ 95.2%-€3,857below the sector's middle half▲ 81.6%-€8,545below the sector's middle half▼ 122%€8,609within the sector's middle half€8,497within the sector's middle half▼ 1.3%
Equity€13,291below the sector's middle half▲ 213%€9,435below the sector's middle half▼ 29.0%€890below the sector's middle half▼ 90.6%€9,499below the sector's middle half▲ 967%€17,997below the sector's middle half▲ 89.5%
Total assets€13,360below the sector's middle half▲ 214%€10,477below the sector's middle half▼ 21.6%€4,465below the sector's middle half▼ 57.4%€57,196below the sector's middle half▲ 1,181%€70,755below the sector's middle half▲ 23.7%
Debt€68▲ 1,298%€1,042▲ 1,422%€3,575▲ 243%€47,697▲ 1,234%€52,758▲ 10.6%
Working capital€13,291▲ 213%€9,435▼ 29.0%€890▼ 90.6%€18,972▲ 2,032%€27,224▲ 43.5%
Solvency99.5%above the sector's middle half90.1%above the sector's middle half▼ 9.4pp16.6%below the sector's middle half25.4%within the sector's middle half▲ 8.8pp
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70,755
Fixed assets
€25,125 ▼ 30.1%
Current assets
€45,630 ▲ 115%
Equity and liabilities €70,755
Equity
€17,997 ▲ 89.5%
Debt
€52,758 ▲ 10.6%
Debt's share of the balance-sheet total falls from 83.4% to 74.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26,274▲
2024 · €10,046
Cash flow
€21,465▲
2024 · €9,636
Current ratio
2.48▼
2024 · 9.39
Debt to equity
2.93▼
2024 · 5.02
ROE
47.2%▼
2024 · 90.6%
ROA
12.0%▼
2024 · 15.1%
Interest coverage
362.90▲
2024 · 24.53
Debt ≤ 1 year
€18,407▲
2024 · €2,262
Debt > 1 year
€34,352▼
2024 · €45,435
Income taxes
€4,737
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €715 | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €20,468 | €5,518 | €7,980 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €1,028 | €12,968 | ▲ 1,162% |
| Other operating charges640/8 | €470 | €209 | €565 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | -€20,468 | -€3,648 | -€7,980 | €10,574 | €26,818 | ▲ 154% |
| Operating profit (loss)9901 | -€20,938 | -€3,857 | -€8,545 | €9,018 | €13,306 | ▲ 47.5% |
| Financial income75/76B | €5 | - | - | - | €0 | - |
| Recurring financial income75 | €5 | - | - | - | €0 | - |
| Financial charges65/66B | €18 | - | - | €409 | €72 | ▼ 82.3% |
| Recurring financial charges65 | €18 | - | - | €409 | €72 | ▼ 82.3% |
| Profit (loss) for the period before taxes9903 | -€20,952 | -€3,857 | -€8,545 | €8,609 | €13,234 | ▲ 53.7% |
| Income taxes67/77 | - | - | - | - | €4,737 | - |
| Profit (loss) for the period9904 | -€20,952 | -€3,857 | -€8,545 | €8,609 | €8,497 | ▼ 1.3% |
| Profit (loss) for the period to be appropriated9905 | -€20,952 | -€3,857 | -€8,545 | €8,609 | €8,497 | ▼ 1.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,360 | €10,477 | €4,465 | €57,196 | €70,755 | ▲ 23.7% |
| Fixed assets21/28 | - | - | - | €35,963 | €25,125 | ▼ 30.1% |
| Tangible fixed assets22/27 | - | - | - | €35,963 | €25,125 | ▼ 30.1% |
| Furniture and vehicles24 | - | - | - | €35,963 | €25,125 | ▼ 30.1% |
| Current assets29/58 | €13,360 | €10,477 | €4,465 | €21,234 | €45,630 | ▲ 115% |
| Amounts receivable within one year40/41 | €2,278 | €924 | €2,126 | €341 | €7,296 | ▲ 2,037% |
| Trade receivables40 | €673 | €580 | €1,715 | - | €7,296 | - |
| Other amounts receivable41 | €1,605 | €344 | €411 | €341 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €10,766 | €9,325 | €2,227 | €20,892 | €31,605 | ▲ 51.3% |
| Deferred charges and accrued income490/1 | €316 | €228 | €112 | - | €6,729 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,360 | €10,477 | €4,465 | €57,196 | €70,755 | ▲ 23.7% |
| Equity10/15 | €13,291 | €9,435 | €890 | €9,499 | €17,997 | ▲ 89.5% |
| Contributions10/11 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Profit (loss) carried forward14 | -€46,709 | -€50,565 | -€59,110 | -€50,501 | -€42,003 | ▲ 16.8% |
| Amounts payable17/49 | €68 | €1,042 | €3,575 | €47,697 | €52,758 | ▲ 10.6% |
| Amounts payable after more than one year17 | - | - | - | €45,435 | €34,352 | ▼ 24.4% |
| Other amounts payable178/9 | - | - | - | €45,435 | €34,352 | ▼ 24.4% |
| Amounts payable within one year42/48 | €68 | €1,042 | €3,575 | €2,262 | €18,407 | ▲ 714% |
| Current portion of amounts payable after more than one year42 | €56 | €1,015 | €2,569 | - | - | - |
| Trade debts44 | €13 | €27 | €1,006 | €669 | €5,837 | ▲ 772% |
| Suppliers440/4 | €13 | €27 | €1,006 | €669 | €5,837 | ▲ 772% |
| Taxes, remuneration and social security45 | - | - | - | - | €4,699 | - |
| Taxes450/3 | - | - | - | - | €4,699 | - |
| Other amounts payable47/48 | - | - | - | €1,593 | €7,870 | ▲ 394% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,952 | -€3,857 | -€8,545 | €8,609 | €8,497 | ▼ 1.3% |
| + Depreciation and write-downs630 | - | - | - | €1,028 | €12,968 | ▲ 1,162% |
| Operating cash flow (approximation) | -€20,952 | -€3,857 | -€8,545 | €9,636 | €21,465 | ▲ 123% |
| Investment in fixed assets (approximation) | - | - | - | - | -€2,130 | - |
| Change in cash | - | -€1,441 | -€7,098 | €18,665 | €10,713 | ▼ 42.6% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8,609
Net result €8,609 after 5 loss-making years.
31-12
Financial
Liquidity times 8current ratio 9.39
Current ratio from 1.25 to 9.39; short-term debt falls from €3,575 to €2,262.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€20,952
Net result drops to -€20,952, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 866.95
Current ratio from 335.15 to 866.95; short-term debt falls from €15 to €5.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2019
Ground area
9,488 m²
Building footprint
1,591 m²
Volume, LiDAR
69,089 m³
Parcel 44032A0454/00V000, Flanders · tallest building 48.7 m, ±15 floors. Linked by address, not a title deed.
1 establishment unit
Triptolemus
since 20192.284.550.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0454/00V000 | Flanders | 9,488 m² | 1 · 1,591 m² | 48.7 m · 15 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 268 EUR awarded · 268 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 268 EUR | 268 EUR |
Similar companies · same sector, comparable size
APPRO-TECHNO
BE 0428.801.960
Couvin · Eq €17,233
Ets. R. Verbrugge-Janssens
BE 0411.979.586
Dentergem · Eq €19,288
Homburg Belgium
BE 0804.931.833
Heist-op-den-Berg · Eq €19,435
RIJCLANT
BE 1010.883.619
Kortenaken · Eq €16,282
Vanheule Technics
BE 0746.894.060
Middelkerke · Eq €15,907
Of 263 companies in sector 28300 we hold annual accounts for 197. 43 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
Founded28-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
28300
25530Machining of metals
28299
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
72109Other research and development on natural sciences
Contact
Website
www.triptolemus.beGent
E-mail
info@triptolemus.beGent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719501062
Registered
03-11-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.