Tristar Sd
ActiveTristar Sd has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.78M and a net result of €585k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 4839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+1
Solvency97▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 2.76 in 2024; short-term debt: 27% and cash: 62.4% of total assets), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · 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
71.7%
Return on assets
11.1%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
26 d late
2021
2 d late
2020
11 d late
2019
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€585k▲ 11.4%
2024 · €525k
2018: €236k
2019: €229k
2020: €178k
2021: €106k
2022: €467k
2023: €405k
2024: €525k
2018 → 2025
Working capital
€3.47M▲ 19.9%
2024 · €2.90M
2018: €1.48M
2019: €1.74M
2020: €1.88M
2021: €2.00M
2022: €2.47M
2023: €2.87M
2024: €2.90M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.34M-€2.81M▲ 19.8%€3.21M▲ 14.3%€3.19M▼ 0.5%€3.78M▲ 18.3%
Operating result€168k-€736k▲ 338%€580k▼ 21.1%€701k▲ 20.8%€854k▲ 21.9%
Net result€106k-€467k▲ 339%€405k▼ 13.1%€525k▲ 29.5%€585k▲ 11.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.27M
Fixed assets
€374k▲ 1.7%
Current assets
€4.90M▲ 7.9%
Equity and liabilities €5.27M
Equity
€3.78M▲ 18.3%
Debt
€1.49M▼ 12.9%
The debt ratio falls from 34.9% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€893k▲
2024 · €734k
Cash flow
€624k▲
2024 · €558k
Solvency
71.7%▲
2024 · 65.1%
Current ratio
3.44▲
2024 · 2.76
Quick ratio
2.95▲
2024 · 2.24
Debt / equity
0.39▼
2024 · 0.54
ROE
15.5%▼
2024 · 16.4%
ROA
11.1%▲
2024 · 10.7%
Interest coverage
9.42▲
2024 · 8.74
Debt
€1.49M▼
2024 · €1.71M
Debt ≤ 1 year
€1.42M▼
2024 · €1.64M
Income taxes
€268k▲
2024 · €224k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.91M€5.27M▲
Fixed assets21/28€368k€374k▲
Tangible fixed assets22/27€368k€374k▲
Land and buildings22€323k€300k▼
Plant, machinery and equipment23€5k€8k▲
Furniture and vehicles24€40k€66k▲
Current assets29/58€4.54M€4.90M▲
Stocks and contracts in progress3€869k€697k▼
Stocks30/36€869k€697k▼
Amounts receivable within one year40/41€639k€692k▲
Trade receivables40€620k€692k▲
Other amounts receivable41€19k€538▼
Current investments50/53-€200k
Cash at bank and in hand54/58€3.03M€3.29M▲
Deferred charges and accrued income490/1€6k€21k▲
Equity and liabilities
Total equity and liabilities10/49€4.91M€5.27M▲
Equity10/15€3.19M€3.78M▲
Contributions10/11€19k€19k=
Reserves13€2.68M€3.26M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€242k€242k=
Distributable reserves133€2.43M€3.02M▲
Profit (loss) carried forward14€495k€495k=
Investment grants15€4k€4k▼
Amounts payable17/49€1.71M€1.49M▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€1.64M€1.42M▼
Current portion of amounts payable after more than one year42€6k€0▼
Trade debts44€760k€428k▼
Suppliers440/4€760k€428k▼
Taxes, remuneration and social security45€25k€116k▲
Taxes450/3€25k€116k▲
Other amounts payable47/48€852k€879k▲
Accrued charges and deferred income492/3€71k€69k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€39k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€28k€-31k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€768k€869k▲
Operating profit (loss)9901€701k€854k▲
Financial income75/76B€132k€94k▼
Recurring financial income75€132k€94k▼
Financial charges65/66B€84k€95k▲
Recurring financial charges65€84k€95k▲
Profit (loss) for the period before taxes9903€749k€853k▲
Income taxes67/77€224k€268k▲
Profit (loss) for the period9904€525k€585k▲
Transfer from tax-exempt reserves789€135k€0▼
Transfer to tax-exempt reserves689€223k€0▼
Profit (loss) for the period to be appropriated9905€437k€585k▲
Appropriation of the result
Profit (loss) to be appropriated9906€932k€1.08M▲
Profit (loss) brought forward from the previous period14P€495k€495k=
Transfer to equity691/2€437k€585k▲
To other reserves6921€437k€585k▲
Profit to be distributed694/7€0-
Directors or managers695€0-
The notes to these accounts (7 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2018net €585k ▲11.4%
Operating result €854k, net result €585k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 26 days late
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
30-09
Financial
Weakest financial yearnet €106k ▼40.2%
Net result drops to €106k, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 4 days late
2019
30-09
Financial
Equity above €2MEq €2.06M ▲12.4%
2 profitable years in a row build equity to €2.06M.
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Engis · 2 establishment units since 1997
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.
Rue Neuve Voie(ENG) 674480 EngisGround area
3,158 m²
Building footprint
210 m²
Volume, LiDAR
251 m³
2 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Rue Neuve Voie(ENG) 67, 4480 Engis
since 19972.083.258.211
TRISTAR SD
since 20122.219.743.446
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62031A0197/00X002 | Wallonia | 1,769 m² | 1 · 53 m² | 6.5 m · 2 fl. |
| 83003A0384/00R000 | Wallonia | 1,389 m² | 1 · 156 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0462.054.649
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BE 0400.820.232
Aartselaar · Eq €3.72M
LANAFORM
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' t Amerikaantje
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SCP BENELUX
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Zaventem · Eq €3.98M
Of 584 companies in sector 46496 we hold annual accounts for 384. 153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-1997
Fiscal year end30-09
Activities, NACEBEL
46496Wholesale trade
51476
47620Retail trade
47621Retail sale of newspapers and periodicals
47640Retail sale of games and toys
47650Retail trade
52470
52489
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.