TRIVAN
ActiveSummary
TRIVAN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €453k and a net result of €117k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+1
Solvency99▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.12 in 2023; short-term debt: 18.1% and cash: 5.1% of total assets), and 26.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
73.8%
Return on assets
19.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
31 d early
2022
10 d early
2021
13 d late
2020
52 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€453k▲ 19.0%
2023 · €381k
2018: €161k
2019: €198k
2020: €241k
2021: €289k
2022: €329k
2023: €381k
2018 → 2024
Total assets
€614k▲ 1.4%
2023 · €606k
2018: €524k
2019: €509k
2020: €506k
2021: €530k
2022: €590k
2023: €606k
2018 → 2024
Net result
€117k▲ 3.5%
2023 · €113k
2018: €62k
2019: €43k
2020: €51k
2021: €48k
2022: €110k
2023: €113k
2018 → 2024
Working capital
€36k▲ 101%
2023 · €18k
2018: €11k
2019: €10k
2020: €14k
2021: €3k
2022: €3k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€241k-€289k▲ 20.0%€329k▲ 14.1%€381k▲ 15.6%€453k▲ 19.0%
Operating result€39k-€36k▼ 9.0%€106k▲ 196%€109k▲ 3.6%€112k▲ 2.5%
Net result€51k-€48k▼ 5.4%€110k▲ 129%€113k▲ 3.0%€117k▲ 3.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €614k
Fixed assets
€467k ▲ 6.8%
Current assets
€147k ▼ 12.6%
Equity and liabilities €614k
Equity
€453k ▲ 19.0%
Debt
€161k ▼ 28.4%
Debt's share of the balance-sheet total falls from 37.1% to 26.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€125k▲
2023 · €118k
Cash flow
€130k▲
2023 · €122k
Current ratio
1.33▲
2023 · 1.12
Debt to equity
0.36▼
2023 · 0.59
ROE
25.9%▼
2023 · 29.7%
ROA
19.1%▲
2023 · 18.7%
Interest coverage
103.03▲
2023 · 62.07
Debt ≤ 1 year
€111k▼
2023 · €151k
Debt > 1 year
€49k▼
2023 · €73k
Income taxes
€43k▲
2023 · €41k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€606k€614k▲
Fixed assets21/28€437k€467k▲
Tangible fixed assets22/27€17k€47k▲
Furniture and vehicles24€17k€47k▲
Financial fixed assets28€420k€420k=
Current assets29/58€169k€147k▼
Amounts receivable within one year40/41€17k€16k▼
Trade receivables40€17k€16k▼
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€51k€32k▼
Equity and liabilities
Total equity and liabilities10/49€606k€614k▲
Equity10/15€381k€453k▲
Contributions10/11€8k€8k=
Reserves13€366k€440k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Tax-exempt reserves132€141€141=
Distributable reserves133€365k€439k▲
Profit (loss) carried forward14€7k€5k▼
Amounts payable17/49€225k€161k▼
Amounts payable after more than one year17€73k€49k▼
Financial debts170/4€73k€49k▼
Amounts payable within one year42/48€151k€111k▼
Current portion of amounts payable after more than one year42€44k€24k▼
Trade debts44€482€363▼
Suppliers440/4€482€363▼
Taxes, remuneration and social security45€28k€44k▲
Taxes450/3€28k€44k▲
Other amounts payable47/48€78k€43k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€119k€128k▲
Operating profit (loss)9901€109k€112k▲
Financial income75/76B€47k€49k▲
Recurring financial income75€47k€49k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€154k€160k▲
Income taxes67/77€41k€43k▲
Profit (loss) for the period9904€113k€117k▲
Profit (loss) for the period to be appropriated9905€113k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€122k€124k▲
Profit (loss) brought forward from the previous period14P€8k€7k▼
Transfer from equity791/2€60k€43k▼
Transfer to equity691/2€113k€117k▲
To other reserves6921€113k€117k▲
Profit to be distributed694/7€62k€45k▼
Return on contributions (dividend)694€62k€45k▼
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
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €117k ▲3.5%
Operating result €112k, net result €117k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €241k ▲21.4%
3 profitable years in a row build equity to €241k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €43k ▼30.1%
Net result drops to €43k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Hasselt · 1 establishment unit since 2004
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.
Luikersteenweg 7613501 HasseltGround area
1,039 m²
Building footprint
165 m²
Volume, LiDAR
995 m³
Parcel 71062A0161/00F000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRIVAN
since 20042.144.018.714
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71062A0161/00F000 | Flanders | 1,039 m² | 1 · 164 m² | 8.7 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.
Similar companies · same sector, comparable size
BYRMA
BE 0873.061.465
Mechelen · Eq €453,287
TROPOS MANAGEMENT
BE 0632.761.979
Antwerpen · Eq €453,331
HECOMA
BE 0861.720.383
Tongeren-Borgloon · Eq €453,339
BRUDOC INVEST
BE 0834.797.836
Wingene · Eq €453,069
K-PLAN
BE 0892.465.227
Antwerpen · Eq €453,380
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 35,421 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
Founded18-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46190Agents in non-specialised wholesale trade
52250Logistics services
73300Public relations and communication consultancy
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.