TRM9
ActiveThe computed 12-month bankruptcy probability of TRM9 is 1.6% (moderate). The 2025 annual accounts show equity of €24k and a net result of €12k. Its solvency ranks better than 19% of 7931 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+1
Solvency38▲+5
Growth78
Track record82
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.69 in 2024; short-term debt: 87% and cash: 16.7% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 →
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
13%
Return on assets
6.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7931 sector peers (2025).
NBB · sector comparisonPosition among 7931 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€24k▲ 90.1%
2024 · €13k
2024: €13k
2024 → 2025
Total assets
€187k▲ 15.9%
2024 · €162k
2024: €162k
2024 → 2025
Net result
€12k▲ 48.1%
2024 · €8k
2024: €8k
2024 → 2025
Working capital
€-18k▲ 62.2%
2024 · €-47k
2024: €-47k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€13k-€24k▲ 90.1%
Operating result€11k-€16k▲ 49.1%
Net result€8k-€12k▲ 48.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€42k▼ 29.6%
Current assets
€145k▲ 42.5%
Equity and liabilities €187k
Equity
€24k▲ 90.1%
Debt
€163k▲ 9.5%
The debt ratio falls from 92.1% to 87.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2024 · €21k
Cash flow
€32k▲
2024 · €18k
Solvency
13.0%▲
2024 · 7.9%
Current ratio
0.89▲
2024 · 0.69
Quick ratio
0.54▲
2024 · 0.26
Debt / equity
6.71▼
2024 · 11.65
ROE
47.4%▼
2024 · 60.9%
ROA
6.1%▲
2024 · 4.8%
Interest coverage
222.11▼
2024 · 466.08
Debt
€163k▲
2024 · €149k
Debt ≤ 1 year
€163k▲
2024 · €149k
Income taxes
€5k▲
2024 · €3k
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€162k€187k▲
Fixed assets21/28€60k€42k▼
Tangible fixed assets22/27€60k€42k▼
Plant, machinery and equipment23€1k€788▼
Furniture and vehicles24€58k€38k▼
Other tangible fixed assets26€403€3k▲
Current assets29/58€102k€145k▲
Amounts receivable after more than one year29-€40k
Other amounts receivable291-€40k
Stocks and contracts in progress3€64k€58k▼
Stocks30/36€64k€58k▼
Amounts receivable within one year40/41€18k€11k▼
Trade receivables40€18k€11k▼
Cash at bank and in hand54/58€20k€31k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€162k€187k▲
Equity10/15€13k€24k▲
Contributions10/11€5k€5k=
Outside capital11€5k€5k=
Other1109/19€5k€5k=
Profit (loss) carried forward14€8k€19k▲
Amounts payable17/49€149k€163k▲
Amounts payable within one year42/48€149k€163k▲
Trade debts44€128k€132k▲
Suppliers440/4€128k€132k▲
Taxes, remuneration and social security45€16k€26k▲
Taxes450/3€16k€26k▲
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€145-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€21k▲
Other operating charges640/8€5k€2k▼
Gross operating margin9900€26k€39k▲
Operating profit (loss)9901€11k€16k▲
Financial income75/76B-€106
Recurring financial income75-€106
Financial charges65/66B€44€167▲
Recurring financial charges65€44€167▲
Profit (loss) for the period before taxes9903€11k€16k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€8k€12k▲
Profit (loss) for the period to be appropriated9905€8k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€19k▲
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
NBB filing
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, Hoegaarden · 1 establishment unit since 2024
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.
Tramstraat 93320 HoegaardenGround area
5,479 m²
Building footprint
999 m²
Parcel 24712A0685/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
TRM9
since 20242.360.400.572
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24712A0685/00E000 | Flanders | 5,479 m² | 1 · 999 m² | - |
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
PEM België
BE 1006.148.534
Wuustwezel · Eq €24k
2wheelsshop
BE 1001.556.672
Willebroek · Eq €21k
Leone International
BE 0764.954.866
Pelt · Eq €28k
EL-WAY
BE 0549.935.857
Niel · Eq €20k
UNICORN MOTORS
BE 0843.530.410
Boom · Eq €30k
Of 169 companies in sector 46730 we hold annual accounts for 89. 50 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-2024
Fiscal year end31-12
Activities, NACEBEL
45401
46730Wholesale trade
23410Manufacture of ceramic household and ornamental articles
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.