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Troch Management

Active
Private limited companyfounded 199530 yrs activeMeerskant 50, 9280 Lebbeke, BelgiumKBO/BCE: BE 0456.452.997
Summary

Troch Management has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,470 and a net result of -€10,068. Equity is shrinking by ~4.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability12▲+2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 13.22 against 1.39 in 2024; short-term debt: 0.8% and cash: 0% of total assets), and 0.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,068
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
20 d early
2023
17 d late
2022
2 d late
2021
33 d early
2020
52 d early
2019
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 30 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Troch Management was incorporated on 14 November 1995.1 Total assets fell from EUR 298,159 in 2018 to EUR 199,038 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€197,470▼ 4.9%
2024 · €207,538
Total assets
€199,038▼ 24.0%
2024 · €261,837
Net result
-€10,068▲ 42.5%
2024 · -€17,500
Working capital
€19,159▼ 8.6%
2024 · €20,951
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€10,374▼ 52.1%-€8,867▲ 14.5%-€16,777▼ 89.2%-€17,293▼ 3.1%-€11,090▲ 35.9%
Net result-€10,506▼ 50.4%-€9,046▲ 13.9%-€16,822▼ 86.0%-€17,500▼ 4.0%-€10,068▲ 42.5%
Equity€250,905▼ 4.0%€241,860▼ 3.6%€225,038▼ 7.0%€207,538▼ 7.8%€197,470▼ 4.9%
Total assets€270,798▼ 3.5%€283,890▲ 4.8%€273,355▼ 3.7%€261,837▼ 4.2%€199,038▼ 24.0%
Debt€19,893▲ 3.0%€42,030▲ 111%€48,317▲ 15.0%€54,299▲ 12.4%€1,568▼ 97.1%
Working capital€56,046▼ 3.5%€38,634▼ 31.1%€27,730▼ 28.2%€20,951▼ 24.4%€19,159▼ 8.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2021: -€10,374-€10,374Net result 2021: -€10,506-€10,506Operating result 2022: -€8,867-€8,867Net result 2022: -€9,046-€9,046Operating result 2023: -€16,777-€16,777Net result 2023: -€16,822-€16,822Operating result 2024: -€17,293-€17,293Net result 2024: -€17,500-€17,500Operating result 2025: -€11,090-€11,090Net result 2025: -€10,068-€10,06820212022202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€16,777-€16,800Net result 2023: -€16,822-€16,800Operating result 2024: -€17,293-€17,300Net result 2024: -€17,500-€17,500Operating result 2025: -€11,090-€11,100Net result 2025: -€10,068-€10,100202320242025
The operating result stays negative: a loss of €11,090 in 2025 against €17,293 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199,038
Fixed assets €178,311 ▼ 4.4%
Current assets €20,727 ▼ 72.5%
Equity and liabilities €199,038
Equity €197,470 ▼ 4.9%
Debt €1,568 ▼ 97.1%
Debt's share of the balance-sheet total falls from 20.7% to 0.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,864▲
2024 · -€6,572
Cash flow
-€1,842▲
2024 · -€6,779
Current ratio
13.22▲
2024 · 1.39
Debt to equity
0.01▼
2024 · 0.26
ROE
-5.1%▲
2024 · -8.4%
ROA
-5.1%▲
2024 · -6.7%
Interest coverage
-5.30▲
2024 · -31.79
Debt ≤ 1 year
€1,568▼
2024 · €54,299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€261,837€199,038▼
Fixed assets21/28€186,587€178,311▼
Tangible fixed assets22/27€186,537€178,311▼
Land and buildings22€186,537€178,311▼
Financial fixed assets28€50€0▼
Current assets29/58€75,250€20,727▼
Amounts receivable within one year40/41€75,238€20,665▼
Other amounts receivable41€75,238€20,665▼
Cash at bank and in hand54/58€12€62▲
Equity and liabilities
Total equity and liabilities10/49€261,837€199,038▼
Equity10/15€207,538€197,470▼
Contributions10/11€18,592€18,592=
Revaluation surpluses12€100,000€100,000=
Reserves13€1,859€7,320▲
Non-distributable reserves130/1€1,859€0▼
Reserves not available under the articles1311€1,859€0▼
Tax-exempt reserves132-€5,461
Distributable reserves133-€1,859
Profit (loss) carried forward14€87,087€71,558▼
Amounts payable17/49€54,299€1,568▼
Amounts payable within one year42/48€54,299€1,568▼
Trade debts44€503€0▼
Suppliers440/4€503€0▼
Taxes, remuneration and social security45€25€1,568▲
Taxes450/3€25€1,568▲
Other amounts payable47/48€53,771€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,721€8,226▼
Other operating charges640/8€4,926€50▼
Non-recurring operating charges66A-€5,108
Gross operating margin9900-€1,647€2,293▲
Operating profit (loss)9901-€17,293-€11,090▲
Financial income75/76B€0€1,563▲
Recurring financial income75€0€1,563▲
Financial charges65/66B€207€541▲
Recurring financial charges65€207€541▲
Profit (loss) for the period before taxes9903-€17,500-€10,068▲
Profit (loss) for the period9904-€17,500-€10,068▲
Transfer to tax-exempt reserves689-€5,461
Profit (loss) for the period to be appropriated9905-€17,500-€15,529▲
Appropriation of the result
Profit (loss) to be appropriated9906€87,087€71,558▼
Profit (loss) brought forward from the previous period14P€104,587€87,087▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,498€9,068€10,717€10,721€8,226▼ 23.3%
Other operating charges640/8-€1,363€1,787€4,926€50▼ 99.0%
Non-recurring operating charges66A----€5,108-
Gross operating margin9900-€545€1,564-€4,273-€1,647€2,293▲ 239%
Operating profit (loss)9901-€10,374-€8,867-€16,777-€17,293-€11,090▲ 35.9%
Financial income75/76B---€0€1,563▲ 3,906,800%
Recurring financial income75---€0€1,563▲ 3,906,800%
Financial charges65/66B-€178€44€207€541▲ 162%
Recurring financial charges65€132€178€44€207€541▲ 162%
Profit (loss) for the period before taxes9903-€10,506-€9,046-€16,822-€17,500-€10,068▲ 42.5%
Profit (loss) for the period9904-€10,506-€9,046-€16,822-€17,500-€10,068▲ 42.5%
Transfer to tax-exempt reserves689----€5,461-
Profit (loss) for the period to be appropriated9905-€10,506-€9,046-€16,822-€17,500-€15,529▲ 11.3%
Line20212022202320242025Change
Assets
Total assets20/58€270,798€283,890€273,355€261,837€199,038▼ 24.0%
Fixed assets21/28€194,860€203,225€197,308€186,587€178,311▼ 4.4%
Tangible fixed assets22/27€194,810€203,175€197,258€186,537€178,311▼ 4.4%
Land and buildings22-€203,175€197,258€186,537€178,311▼ 4.4%
Financial fixed assets28€50€50€50€50€0▼ 100%
Current assets29/58€75,938€80,664€76,047€75,250€20,727▼ 72.5%
Amounts receivable within one year40/41€75,775€75,382€76,004€75,238€20,665▼ 72.5%
Other amounts receivable41-€75,382€76,004€75,238€20,665▼ 72.5%
Cash at bank and in hand54/58€163€5,283€42€12€62▲ 415%
Equity and liabilities
Total equity and liabilities10/49€270,798€283,890€273,355€261,837€199,038▼ 24.0%
Equity10/15€250,905€241,860€225,038€207,538€197,470▼ 4.9%
Contributions10/11-€18,592€18,592€18,592€18,592=
Revaluation surpluses12-€100,000€100,000€100,000€100,000=
Reserves13€1,859€1,859€1,859€1,859€7,320▲ 294%
Non-distributable reserves130/1-€1,859€1,859€1,859€0▼ 100%
Reserves not available under the articles1311-€1,859€1,859€1,859€0▼ 100%
Tax-exempt reserves132----€5,461-
Distributable reserves133----€1,859-
Profit (loss) carried forward14€130,454€121,409€104,587€87,087€71,558▼ 17.8%
Amounts payable17/49€19,893€42,030€48,317€54,299€1,568▼ 97.1%
Amounts payable within one year42/48€19,893€42,030€48,317€54,299€1,568▼ 97.1%
Trade debts44€581€893€2,387€503€0▼ 100%
Suppliers440/4-€893€2,387€503€0▼ 100%
Taxes, remuneration and social security45---€25€1,568▲ 6,271%
Taxes450/3---€25€1,568▲ 6,271%
Other amounts payable47/48-€41,137€45,930€53,771€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904-€10,506-€9,046-€16,822-€17,500-€10,068▲ 42.5%
+ Depreciation and write-downs630€8,498€9,068€10,717€10,721€8,226▼ 23.3%
Operating cash flow (approximation)-€2,008€23-€6,105-€6,779-€1,842▲ 72.8%
Investment in fixed assets (approximation)--€17,434-€4,800€0€50-
Change in cash-€5,120-€5,241-€30€50▲ 265%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Liquidity times 10current ratio 13.22
Current ratio from 1.39 to 13.22; short-term debt falls from €54,299 to €1,568.
10-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet -€17,500
Net result drops to -€17,500, the lowest in the series; recovery starts the following year.
17-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
02-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
28-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
18-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 65 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Lebbeke · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
908 m²
Building footprint
163 m²
Volume, LiDAR
736 m³
Parcel 42005A0799/00H000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Meerskant 50, 9280 Lebbeke
Manufacture of basic metals
since 19952.074.379.147
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42005A0799/00H000 Flanders 908 m² 1 · 163 m² 7.4 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded14-11-1995
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.