TRM Services
InactiveInactive since 21-07-2026; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
44 d early
2023
26 d early
2022
27 d early
2021
18 d early
2020
23 d early
2019
21 d early
← 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 26 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?SALINCO · 16 companies How is the Wholesale of cars and light vans (up to 3.5 tonnes) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€2.7m▲ 5.8%
2024 · €2.6m
EBIT margin
1.4%▼ 0.1pp
2024 · 1.5%
Net result
€21,502▲ 4.1%
2024 · €20,661
Working capital
€345,341▲ 8.6%
2024 · €317,965
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Turnover€2.8m▲ 1.0%€2.8m▼ 2.1%€2.8m▲ 0.2%€2.6m▼ 8.1%€2.7m▲ 5.8%
Operating result€100,487▼ 47.3%€183,008▲ 82.1%€57,487▼ 68.6%€37,338▼ 35.0%€37,697▲ 1.0%
Net result€70,254within the sector's middle half▼ 48.0%€130,632within the sector's middle half▲ 85.9%€35,641within the sector's middle half▼ 72.7%€20,661within the sector's middle half▼ 42.0%€21,502within the sector's middle half▲ 4.1%
EBIT margin3.5%▼ 3.2pp6.6%▲ 3.0pp2.1%▼ 4.5pp1.5%▼ 0.6pp1.4%▼ 0.1pp
Equity€150,567below the sector's middle half▲ 87.5%€281,199within the sector's middle half▲ 86.8%€316,839within the sector's middle half▲ 12.7%€337,501within the sector's middle half▲ 6.5%€359,002below the sector's middle half▲ 6.4%
Total assets€648,925below the sector's middle half▲ 13.7%€730,267below the sector's middle half▲ 12.5%€682,471below the sector's middle half▼ 6.5%€633,050below the sector's middle half▼ 7.2%€911,773below the sector's middle half▲ 44.0%
Debt€498,359▲ 1.7%€449,068▼ 9.9%€365,632▼ 18.6%€295,549▼ 19.2%€552,771▲ 87.0%
Working capital€128,612▲ 112%€272,229▲ 112%€310,520▲ 14.1%€317,965▲ 2.4%€345,341▲ 8.6%
Solvency23.2%within the sector's middle half▲ 9.1pp38.5%within the sector's middle half▲ 15.3pp46.4%within the sector's middle half▲ 7.9pp53.3%within the sector's middle half▲ 6.9pp39.4%within the sector's middle half▼ 13.9pp
Staff (FTE)11.7within the sector's middle half▼ 0.8%9.9within the sector's middle half▼ 15.4%10.9within the sector's middle half▲ 10.1%10.6within the sector's middle half▼ 2.8%9.8within the sector's middle half▼ 7.5%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €911,773
Fixed assets
€13,662 ▼ 30.1%
Current assets
€898,112 ▲ 46.4%
Equity and liabilities €911,773
Equity
€359,002 ▲ 6.4%
Debt
€552,771 ▲ 87.0%
Debt's share of the balance-sheet total rises from 46.7% to 60.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43,572▲
2024 · €41,131
Cash flow
€27,376▲
2024 · €24,454
Current ratio
1.62▼
2024 · 2.08
Quick ratio
0.98▲
2024 · 0.75
Debt to equity
1.54▲
2024 · 0.88
ROE
6.0%▼
2024 · 6.1%
ROA
2.4%▼
2024 · 3.3%
Interest coverage
31.93▲
2024 · 21.75
Debt ≤ 1 year
€552,771▲
2024 · €295,549
Income taxes
€14,987▲
2024 · €14,776
Staff costs
€893,834▲
2024 · €836,060
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €2.9m | €2.8m | €2.8m | €2.6m | €2.7m | ▲ 5.7% |
| Turnover70 | €2.8m | €2.8m | €2.8m | €2.6m | €2.7m | ▲ 5.8% |
| Other operating income74 | €32,351 | €31,008 | €26,799 | €25,902 | €24,869 | ▼ 4.0% |
| Operating charges60/66A | €2.8m | €2.6m | €2.8m | €2.5m | €2.7m | ▲ 5.8% |
| Goods for resale, raw materials and consumables60 | €1.4m | €1.4m | €1.4m | €1.3m | €1.3m | ▼ 0.7% |
| Purchases600/8 | €1.5m | €1.4m | €1.5m | €1.3m | €1.2m | ▼ 0.8% |
| Change in stocks: decrease (increase)609 | -€12,702 | -€10,853 | -€79,013 | €34,677 | €35,563 | ▲ 2.6% |
| Services and other goods61 | €346,981 | €396,881 | €475,492 | €414,053 | €510,911 | ▲ 23.4% |
| Remuneration, social security and pensions62 | €965,519 | €792,019 | €860,466 | €836,060 | €893,834 | ▲ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,189 | €12,985 | €2,651 | €3,793 | €5,874 | ▲ 54.9% |
| Other operating charges640/8 | €409 | €648 | €1,079 | €1,472 | €1,946 | ▲ 32.2% |
| Operating profit (loss)9901 | €100,487 | €183,008 | €57,487 | €37,338 | €37,697 | ▲ 1.0% |
| Financial income75/76B | €560 | €435 | €647 | €360 | €572 | ▲ 58.8% |
| Recurring financial income75 | €560 | €435 | €647 | €360 | €572 | ▲ 58.8% |
| Other financial income752/9 | €560 | €435 | €647 | €360 | €572 | ▲ 58.8% |
| Financial charges65/66B | €867 | €973 | €2,926 | €2,261 | €1,780 | ▼ 21.3% |
| Recurring financial charges65 | €867 | €973 | €2,926 | €2,261 | €1,780 | ▼ 21.3% |
| Debt charges650 | €515 | €679 | €2,207 | €1,891 | €1,364 | ▼ 27.9% |
| Other financial charges652/9 | €351 | €294 | €719 | €369 | €416 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | €100,181 | €182,470 | €55,208 | €35,437 | €36,489 | ▲ 3.0% |
| Income taxes67/77 | €29,927 | €51,837 | €19,567 | €14,776 | €14,987 | ▲ 1.4% |
| Taxes670/3 | €30,818 | €51,837 | €19,567 | €14,776 | €14,987 | ▲ 1.4% |
| Tax adjustments and reversals of tax provisions77 | €891 | - | - | - | - | - |
| Profit (loss) for the period9904 | €70,254 | €130,632 | €35,641 | €20,661 | €21,502 | ▲ 4.1% |
| Profit (loss) for the period to be appropriated9905 | €70,254 | €130,632 | €35,641 | €20,661 | €21,502 | ▲ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €648,925 | €730,267 | €682,471 | €633,050 | €911,773 | ▲ 44.0% |
| Fixed assets21/28 | €21,955 | €8,970 | €6,319 | €19,536 | €13,662 | ▼ 30.1% |
| Intangible fixed assets21 | €800 | €700 | €600 | €500 | €400 | ▼ 20.0% |
| Tangible fixed assets22/27 | €21,155 | €8,270 | €5,719 | €19,036 | €13,262 | ▼ 30.3% |
| Plant, machinery and equipment23 | €8,738 | €6,354 | €4,302 | €18,119 | €12,845 | ▼ 29.1% |
| Furniture and vehicles24 | €12,417 | €1,917 | €1,417 | €917 | €417 | ▼ 54.5% |
| Current assets29/58 | €626,971 | €721,297 | €676,152 | €613,514 | €898,112 | ▲ 46.4% |
| Stocks and contracts in progress3 | €335,512 | €346,365 | €425,378 | €390,701 | €355,138 | ▼ 9.1% |
| Stocks30/36 | €335,512 | €346,365 | €425,378 | €390,701 | €355,138 | ▼ 9.1% |
| Goods purchased for resale34 | €335,512 | €346,365 | €425,378 | €390,701 | €355,138 | ▼ 9.1% |
| Amounts receivable within one year40/41 | €235,219 | €313,703 | €185,436 | €93,978 | €531,694 | ▲ 466% |
| Trade receivables40 | €235,219 | €313,703 | €177,936 | €81,478 | €531,694 | ▲ 553% |
| Other amounts receivable41 | - | - | €7,500 | €12,500 | - | - |
| Cash at bank and in hand54/58 | €56,240 | €61,229 | €65,338 | €128,835 | €11,279 | ▼ 91.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €648,925 | €730,267 | €682,471 | €633,050 | €911,773 | ▲ 44.0% |
| Equity10/15 | €150,567 | €281,199 | €316,839 | €337,501 | €359,002 | ▲ 6.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €44,985 | €44,985 | €44,985 | €44,985 | €44,985 | = |
| Non-distributable reserves130/1 | €4,958 | €4,958 | - | - | - | - |
| Reserves not available under the articles1311 | €4,958 | €4,958 | - | - | - | - |
| Tax-exempt reserves132 | €9,832 | €9,832 | €9,832 | €9,832 | €9,832 | = |
| Distributable reserves133 | €30,195 | €30,195 | €35,153 | €35,153 | €35,153 | = |
| Profit (loss) carried forward14 | €86,982 | €217,614 | €253,255 | €273,916 | €295,417 | ▲ 7.8% |
| Amounts payable17/49 | €498,359 | €449,068 | €365,632 | €295,549 | €552,771 | ▲ 87.0% |
| Amounts payable within one year42/48 | €498,359 | €449,068 | €365,632 | €295,549 | €552,771 | ▲ 87.0% |
| Financial debts43 | €16,729 | €25,100 | €25,393 | €16,943 | €16,853 | ▼ 0.5% |
| Credit institutions430/8 | €16,729 | €25,100 | €25,393 | €16,943 | €16,853 | ▼ 0.5% |
| Trade debts44 | €312,946 | €295,562 | €225,174 | €182,771 | €374,977 | ▲ 105% |
| Suppliers440/4 | €312,946 | €295,562 | €225,174 | €182,771 | €374,977 | ▲ 105% |
| Taxes, remuneration and social security45 | €135,388 | €128,406 | €115,065 | €95,835 | €160,941 | ▲ 67.9% |
| Taxes450/3 | €25,837 | €36,796 | €19,441 | €19,503 | €42,701 | ▲ 119% |
| Remuneration and social security454/9 | €109,551 | €91,610 | €95,624 | €76,332 | €118,239 | ▲ 54.9% |
| Other amounts payable47/48 | €33,296 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,254 | €130,632 | €35,641 | €20,661 | €21,502 | ▲ 4.1% |
| + Depreciation and write-downs630 | €12,189 | €12,985 | €2,651 | €3,793 | €5,874 | ▲ 54.9% |
| Operating cash flow (approximation) | €82,443 | €143,617 | €38,292 | €24,454 | €27,376 | ▲ 11.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€17,010 | €0 | ▲ 100% |
| Change in cash | - | €4,990 | €4,109 | €63,497 | -€117,555 | ▼ 285% |
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
29-07
State Gazette act
Restructuring · End & cessationMerger · Power of attorney12 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Power of attorney12 facts ▸
- General meeting, buitengewone algemene vergadering van aandeelhouders
- Merger, fusie door overneming, zonder opleg in geld
- Other statement, 30-04-2026
- Other statement, simplified procedure consent, alle aandeelhouders van de fuserende vennootschappen
- Other statement, in-kind contribution report, artikels 5:121 en 5:133 van het Wetboek van vennootschappen en verenigingen
- Other statement, waiver of information on significant changes, alle aandeelhouders van de fuserende vennootschappen
- Other statement, document availability, uiterlijk één maand voor de algemene vergadering
- Other statement, waiver of interim figures, alle aandeelhouders van de fuserende vennootschappen
- Power of attorney, Moore Finance & Tax BV
- Other statement, legality check, artikel 12:31 van het Wetboek van vennootschappen en verenigingen
- Other statement, fiscal neutrality, zakelijke overwegingen
- Other statement, registration duties, EUR
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
21-05
State Gazette act
RestructuringAppointment: Moore Audit bv (statutory auditor) · Merger · Accounting effect10 facts ▸
State Gazette act
Restructuring
Appointment: Moore Audit bv (statutory auditor) · Merger · Accounting effect10 facts ▸
- Board meeting, 30-04-2026
- Merger, absorption, 50
- Accounting effect, 01-01-2026
- Auditor appointment, Moore Audit bv
- Notary, verlijden van de akten aangaande de fusie en de daarmee gepaard gaande statutenwijziging
- Share valuation, 31-12-2025
- Share valuation, 31-12-2025
- Auditor waived, unanimous waiver of control report (art. 12:26 WVV), no special fee for statutory auditor
- Tax regime, art. 211 §1 W.I.B. - fiscaal vrijstellingsregime
- Accounting method, boekhoudkundige continuïteit (art. 3:56 KB van 29 april 2019)
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €200,000Eq €281,199 ▲86.8%
3 profitable years in a row build equity to €281,199.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €150,000Eq €150,567 ▲87.5%
2 profitable years in a row build equity to €150,567.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €135,101
Net result €135,101 after 2 loss-making years.
31-12
Financial
Liquidity times 687current ratio 1.13
Current ratio from 0.00 to 1.13.
Show earlier events
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 2 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hulshout
Ground area
2.0 ha
Building footprint
1.4 ha
Volume, LiDAR
98,759 m³
Parcel 13016B0006/00K013, Flanders · tallest building 23.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016B0006/00K013 | Flanders | 2.0 ha | 1 · 1.4 ha | 23.1 m · 2 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.
Articles of association
Accounting effect
01-01-2026
Other statement
2 provisions in the deed
Structure & network
Part of the group
SALINCO
16 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- SALINCO
- WEST-BEHEER
- TRM Services
Highest known parent: SALINCO. The sources do not say who stands above it.
Owners 1
- WEST-BEHEERparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:TRANSPORT MICHIELS
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Of 2,129 companies in sector 46711 we hold annual accounts for 1,130. 706 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
Founded08-09-1989
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
46713Wholesale trade
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438369526
Also
9925:BE0438369526
Registered
28-08-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.