TROETELS
ActiveSummary
TROETELS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €758,258 and a net result of €1,810. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▼-36
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 6.24 against 27.91 in 2024; short-term debt: 14.6% and cash: 65.4% of total assets), and 18.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
81.8%
Return on assets
0.2%
Age of the figures
12 mo
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 27-02-2026, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
62 d early
2024
30 d early
2023
on the day
2022
30 d late
2021
25 d late
2020
31 d late
2019
29 d late
← 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 3 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed 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 1 May (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€1.8m
EBIT margin
8.7%
Net result
€1,810▼ 97.5%
2024 · €73,692
Working capital
€710,008▼ 13.2%
2024 · €818,294
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail 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€1.8m
Operating result€155,256▲ 52.8%€27,356▼ 82.4%-€55,484€90,671-€12,308
Net result€121,823above the sector's middle half▲ 39.5%-€16,652below the sector's middle half-€69,999below the sector's middle half▼ 320%€73,692within the sector's middle half€1,810within the sector's middle half▼ 97.5%
EBIT margin8.7%
Equity€882,209above the sector's middle half▲ 16.0%€865,557above the sector's middle half▼ 1.9%€795,558above the sector's middle half▼ 8.1%€869,250above the sector's middle half▲ 9.3%€758,258above the sector's middle half▼ 12.8%
Total assets€1.5mwithin the sector's middle half▲ 6.5%€1.4mwithin the sector's middle half▼ 5.2%€1.3mwithin the sector's middle half▼ 9.3%€907,831within the sector's middle half▼ 27.4%€926,663within the sector's middle half▲ 2.1%
Debt€562,595▼ 5.6%€507,095▼ 9.9%€449,540▼ 11.3%€31,371▼ 93.0%€160,917▲ 413%
Working capital€591,564above the sector's middle half▲ 27.8%€560,739above the sector's middle half▼ 5.2%€481,207within the sector's middle half▼ 14.2%€818,294above the sector's middle half▲ 70.1%€710,008above the sector's middle half▼ 13.2%
Solvency60.7%above the sector's middle half▲ 5.0pp62.8%above the sector's middle half▲ 2.1pp63.6%above the sector's middle half▲ 0.8pp95.8%above the sector's middle half▲ 32.1pp81.8%above the sector's middle half▼ 13.9pp
Current ratio6.74above the sector's middle half▲ 1.087.62above the sector's middle half▲ 0.888.30above the sector's middle half▲ 0.6827.91above the sector's middle half▲ 19.616.24above the sector's middle half▼ 21.67
Return on assets (ROA)8.4%within the sector's middle half▲ 2.0pp-1.2%below the sector's middle half▼ 9.6pp-5.6%below the sector's middle half▼ 4.4pp8.1%within the sector's middle half▲ 13.7pp0.2%within the sector's middle half▼ 7.9pp
Staff (FTE)2.8within the sector's middle half▼ 3.4%2.1within the sector's middle half▼ 25.0%0.9below the sector's middle half▼ 57.1%0.9below the sector's middle half=0.9below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12,308 after €90,671 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €926,663
Fixed assets
€81,232 ▲ 37.4%
Current assets
€845,431 ▼ 0.4%
Equity and liabilities €926,663
Equity
€758,258 ▼ 12.8%
Provisions
€7,488 ▲ 3.9%
Debt
€160,917 ▲ 413%
Debt's share of the balance-sheet total rises from 3.5% to 17.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5,089▼
2024 · €739,543
Cash flow
€19,207▼
2024 · €722,563
Quick ratio
4.63▼
2024 · 21.33
Debt to equity
0.21▲
2024 · 0.04
ROE
0.2%▼
2024 · 8.5%
Interest coverage
2.85▼
2024 · 77.69
Debt ≤ 1 year
€135,423▲
2024 · €30,403
Debt > 1 year
€24,126▲
2024 · €0
Income taxes
-€13,821▼
2024 · €7,548
Staff costs
€65,864▼
2024 · €188,967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 17,039 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.8m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €1.7m | - | - | - | - | - |
| Remuneration, social security and pensions62 | €252,712 | €247,038 | €192,889 | €188,967 | €65,864 | ▼ 65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,642 | €56,124 | €51,099 | €648,871 | €17,397 | ▼ 97.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €422 | -€3,102 | -€667 | €1,862 | €278 | ▼ 85.1% |
| Other operating charges640/8 | €4,312 | €3,994 | €7,316 | €7,158 | €5,826 | ▼ 18.6% |
| Non-recurring operating charges66A | - | - | - | €4,829 | - | - |
| Gross operating margin9900 | €473,343 | €331,411 | €195,153 | €942,358 | €77,056 | ▼ 91.8% |
| Operating profit (loss)9901 | €155,256 | €27,356 | -€55,484 | €90,671 | -€12,308 | ▼ 114% |
| Financial income75/76B | - | - | - | €88 | €2,086 | ▲ 2,262% |
| Recurring financial income75 | - | - | - | €88 | €2,086 | ▲ 2,262% |
| Financial charges65/66B | €12,680 | €12,005 | €11,201 | €9,519 | €1,789 | ▼ 81.2% |
| Recurring financial charges65 | €12,680 | €12,005 | €11,201 | €9,519 | €1,789 | ▼ 81.2% |
| Profit (loss) for the period before taxes9903 | €142,576 | €15,351 | -€66,685 | €81,240 | -€12,011 | ▼ 115% |
| Income taxes67/77 | €20,753 | €32,004 | €3,314 | €7,548 | -€13,821 | ▼ 283% |
| Profit (loss) for the period9904 | €121,823 | -€16,652 | -€69,999 | €73,692 | €1,810 | ▼ 97.5% |
| Profit (loss) for the period to be appropriated9905 | €121,823 | -€16,652 | -€69,999 | €73,692 | €1,810 | ▼ 97.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.4m | €1.3m | €907,831 | €926,663 | ▲ 2.1% |
| Fixed assets21/28 | €759,262 | €733,248 | €703,345 | €59,134 | €81,232 | ▲ 37.4% |
| Tangible fixed assets22/27 | €753,933 | €727,919 | €698,016 | €53,805 | €75,903 | ▲ 41.1% |
| Land and buildings22 | €744,377 | €721,422 | €695,830 | €47,843 | €39,286 | ▼ 17.9% |
| Plant, machinery and equipment23 | €9,556 | €6,497 | €2,186 | €1,564 | €942 | ▼ 39.8% |
| Furniture and vehicles24 | €0 | €0 | €0 | €4,398 | €4,355 | ▼ 1.0% |
| Leasing and similar rights25 | - | - | - | - | €31,320 | - |
| Financial fixed assets28 | €5,329 | €5,329 | €5,329 | €5,329 | €5,329 | = |
| Current assets29/58 | €694,660 | €645,419 | €547,101 | €848,697 | €845,431 | ▼ 0.4% |
| Stocks and contracts in progress3 | €361,723 | €248,786 | €222,904 | €200,156 | €218,951 | ▲ 9.4% |
| Stocks30/36 | €361,723 | €248,786 | €222,904 | €200,156 | €218,951 | ▲ 9.4% |
| Amounts receivable within one year40/41 | €1,408 | €21,353 | €21,222 | €22,658 | €7,202 | ▼ 68.2% |
| Trade receivables40 | €1,008 | €20,953 | €19,844 | €18,640 | €1,060 | ▼ 94.3% |
| Other amounts receivable41 | €400 | €400 | €1,378 | €4,018 | €6,143 | ▲ 52.9% |
| Cash at bank and in hand54/58 | €312,531 | €357,405 | €283,911 | €615,225 | €606,124 | ▼ 1.5% |
| Deferred charges and accrued income490/1 | €18,998 | €17,876 | €19,064 | €10,658 | €13,154 | ▲ 23.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.3m | €907,831 | €926,663 | ▲ 2.1% |
| Equity10/15 | €882,209 | €865,557 | €795,558 | €869,250 | €758,258 | ▼ 12.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €863,609 | €863,609 | €846,957 | €850,650 | €739,658 | ▼ 13.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €861,749 | €861,749 | €846,957 | €850,650 | €739,658 | ▼ 13.0% |
| Profit (loss) carried forward14 | - | -€16,652 | -€69,999 | €0 | €0 | - |
| Provisions and deferred taxes16 | €9,118 | €6,016 | €5,349 | €7,210 | €7,488 | ▲ 3.9% |
| Provisions for liabilities and charges160/5 | €9,118 | €6,016 | €5,349 | €7,210 | €7,488 | ▲ 3.9% |
| Other liabilities and charges164/5 | €9,118 | €6,016 | €5,349 | €7,210 | €7,488 | ▲ 3.9% |
| Amounts payable17/49 | €562,595 | €507,095 | €449,540 | €31,371 | €160,917 | ▲ 413% |
| Amounts payable after more than one year17 | €459,499 | €421,547 | €382,686 | €0 | €24,126 | - |
| Financial debts170/4 | €459,499 | €421,547 | €382,686 | €0 | €24,126 | - |
| Amounts payable within one year42/48 | €103,097 | €84,680 | €65,894 | €30,403 | €135,423 | ▲ 345% |
| Current portion of amounts payable after more than one year42 | €37,038 | €37,952 | €38,861 | €0 | €7,224 | - |
| Trade debts44 | €22,445 | €13,698 | €10,271 | €11,263 | €2,767 | ▼ 75.4% |
| Suppliers440/4 | €22,445 | €13,698 | €10,271 | €11,263 | €2,767 | ▼ 75.4% |
| Taxes, remuneration and social security45 | €43,614 | €28,828 | €16,762 | €19,140 | €12,632 | ▼ 34.0% |
| Taxes450/3 | €36,344 | €28,828 | €16,762 | €19,140 | €12,632 | ▼ 34.0% |
| Remuneration and social security454/9 | €7,270 | €0 | €0 | €0 | - | - |
| Other amounts payable47/48 | €0 | €4,202 | €0 | €0 | €112,802 | - |
| Accrued charges and deferred income492/3 | - | €868 | €960 | €968 | €1,367 | ▲ 41.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €121,823 | -€16,652 | -€69,999 | €73,692 | €1,810 | ▼ 97.5% |
| + Depreciation and write-downs630 | €60,642 | €56,124 | €51,099 | €648,871 | €17,397 | ▼ 97.3% |
| Operating cash flow (approximation) | €182,465 | €39,472 | -€18,900 | €722,563 | €19,207 | ▼ 97.3% |
| Investment in fixed assets (approximation) | - | -€30,111 | -€21,196 | -€4,660 | -€39,495 | ▼ 747% |
| Change in cash | - | €44,874 | -€73,494 | €331,314 | -€9,101 | ▼ 103% |
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
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €73,692
Net result €73,692 after 2 loss-making years.
30-09
Financial
Liquidity triplescurrent ratio 27.91
Current ratio from 8.30 to 27.91; short-term debt falls from €65,894 to €30,403.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€69,999
Net result drops to -€69,999, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
30-09
Financial
Highest result since 2018net €121,823 ▲39.5%
Operating result €155,256, net result €121,823, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Diest · 2 establishment units since 2004
Ground area
1.1 ha
Building footprint
1,586 m²
Volume, LiDAR
4,340 m³
3 parcels, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TROETELS
since 20042.139.109.524
TROETELS
since 20082.176.753.442
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24046B0016/00S000 | Flanders | 7,587 m² | 1 · 103 m² | 9.9 m · 2 fl. |
| 24092D0145/00G002 | Flanders | 1,932 m² | 1 · 940 m² | 14.9 m · 1 fl. |
| 24020B0251/00T003 | Flanders | 1,283 m² | 1 · 543 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAarschot2.139.109.524
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Of 1,330 companies in sector 47762 we hold annual accounts for 479. 289 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
Founded26-07-2004
Fiscal year end30-09
Activities, NACEBEL 2025
47762Retail sale of pets, pet food and pet supplies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0866617497
Also
9925:BE0866617497
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.