TRISTAN CONCEPTS
ActiveSummary
TRISTAN CONCEPTS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4k) and a net result of €-2k. Equity is shrinking by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▲+18
Solvency13▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 0.79 in 2024; short-term debt: 112.3% and cash: 7.2% of total assets), and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.3%
Return on assets
-6.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-4k
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
23 d early
2023
14 d early
2022
30 d late
2021
31 d late
2020
30 d late
2019
53 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-4k▼ 99.2%
2024 · €-2k
2018: €16k
2019: €13k
2020: €29k
2021: €19k
2022: €5k
2023: €5k
2024: €-2k
2018 → 2025
Total assets
€34k=
2024 · €34k
2018: €30k
2019: €22k
2020: €52k
2021: €32k
2022: €29k
2023: €35k
2024: €34k
2018 → 2025
Net result
€-2k▲ 69.5%
2024 · €-7k
2018: €-754
2019: €-4k
2020: €17k
2021: €-10k
2022: €-14k
2023: €45
2024: €-7k
2018 → 2025
Working capital
€-8k▼ 7.9%
2024 · €-8k
2018: €15k
2019: €11k
2020: €20k
2021: €12k
2022: €52
2023: €-1k
2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€5k▼ 75.5%€5k▲ 1.0%€-2k€-4k▼ 99.2%
Operating result€-10k-€-14k▼ 41.6%€144€-7k€-2k▲ 71.2%
Net result€-10k-€-14k▼ 41.0%€45€-7k€-2k▲ 69.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€4k ▼ 26.1%
Current assets
€30k ▲ 5.2%
Key figures and ratios
EBITDA
€139▲
2024 · €-4k
Cash flow
€-17▲
2024 · €-4k
Solvency
-12.3%▼
2024 · -6.2%
Current ratio
0.78▼
2024 · 0.79
Quick ratio
0.08▲
2024 · 0.05
Debt to equity
-9.13▲
2024 · -17.19
ROA
-6.1%▲
2024 · -20.1%
Interest coverage
0.89▲
2024 · -26.93
Debt
€38k▲
2024 · €36k
Debt ≤ 1 year
€38k▲
2024 · €36k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€34k€34k=
Fixed assets21/28€6k€4k▼
Intangible fixed assets21€2k€953▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€3k▼
Financial fixed assets28€5€5=
Current assets29/58€28k€30k▲
Stocks and contracts in progress3€26k€27k▲
Stocks30/36€26k€27k▲
Amounts receivable within one year40/41€2k€19▼
Trade receivables40€2k-
Other amounts receivable41€18€19▲
Cash at bank and in hand54/58€71€2k▲
Deferred charges and accrued income490/1-€631
Equity and liabilities
Total equity and liabilities10/49€34k€34k=
Equity10/15€-2k€-4k▼
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-32k€-34k▼
Amounts payable17/49€36k€38k▲
Amounts payable within one year42/48€36k€38k▲
Trade debts44€2k€422▼
Suppliers440/4€2k€422▼
Taxes, remuneration and social security45€126€950▲
Taxes450/3€126€950▲
Other amounts payable47/48€34k€37k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€676€144▼
Gross operating margin9900€-4k€283▲
Operating profit (loss)9901€-7k€-2k▲
Financial income75/76B€10€1▼
Recurring financial income75€10€1▼
Financial charges65/66B€156€156▲
Recurring financial charges65€156€156▲
Profit (loss) for the period before taxes9903€-7k€-2k▲
Profit (loss) for the period9904€-7k€-2k▲
Profit (loss) for the period to be appropriated9905€-7k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-34k▼
Profit (loss) brought forward from the previous period14P€-25k€-32k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €45
Net result €45 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kaprijke · 1 establishment unit since 2014
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.
Gravin Mad. d'Alcantaralaan 609971 KaprijkeGround area
173 m²
Building footprint
95 m²
Volume, LiDAR
497 m³
Parcel 43009B1178/00A002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EXIRE7
since 20142.229.532.726
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43009B1178/00A002 | Flanders | 173 m² | 1 · 95 m² | 9.8 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
GHENT MARINE CENTER
BE 0447.150.501
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HEXORAY
BE 0738.694.689
Elsene · Eq €4,438
LHM COMPANY
BE 0696.997.458
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VELART
BE 0477.518.429
Saint-Nicolas · Eq €4,268
JK. to the point
BE 0747.797.249
Genk · Eq €5,383
Of 1,314 companies in sector 47639 we hold annual accounts for 624. 185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-03-2014
Fiscal year end31-12
Trade name NL
EXIRE7
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
47120Other non-specialised retail sale
47690Retail sale of other cultural and recreation goods
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.