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TROIA

Inactive
KBO/BCE: BE 0544.716.366

TROIA was declared bankrupt on 31-10-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 24-10-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 03-03-2022, 215 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
215 d late
2019
215 d late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

Total assets went from EUR 300,466 in 2018 to EUR 357,650 in 2020.1 TROIA was declared bankrupt on 31 October 2022; the bankruptcy was closed on 14 October 2025.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 07-11-2022
  3. 3Belgian State Gazette, 24-10-2025

Financials · fiscal year 2020, micro schema

Turnover
€8,300
EBIT margin
46.7%
Net result
€1,920▼ 75.1%
2019 · €7,702
Working capital
-€145,031▼ 179%
2019 · -€51,911
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Turnover€8,300
Operating result-€419-€15,570€3,878▼ 75.1%
Net result-€422-€7,702€1,920▼ 75.1%
EBIT margin46.7%
Equity-€19,964--€12,261▲ 38.6%-€10,342▲ 15.7%
Total assets€300,466-€351,484▲ 17.0%€357,650▲ 1.8%
Debt€320,429-€363,745▲ 13.5%€367,992▲ 1.2%
Working capital-€19,514--€51,911▼ 166%-€145,031▼ 179%
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2018: -€419-€419Net result 2018: -€422-€422Operating result 2019: €15,570€15,570Net result 2019: €7,702€7,702Operating result 2020: €3,878€3,878Net result 2020: €1,920€1,920201820192020-€5,000€0€5,000€10,000€15,000Operating result 2018: -€419-€419Net result 2018: -€422-€422Operating result 2019: €15,570€15,600Net result 2019: €7,702€7,700Operating result 2020: €3,878€3,880Net result 2020: €1,920€1,920201820192020
The operating result falls in 2020; 2020 is 75% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €357,650
Fixed assets €301,097 ▲ 0.3%
Current assets €56,552 ▲ 10.0%
Key figures and ratios
2020 value · change against 2019
EBITDA
€3,990
Cash flow
€2,032
Solvency
-2.9%▲
2019 · -3.5%
Current ratio
0.28▼
2019 · 0.50
Debt to equity
-16.09▲
2019 · -21.24
ROA
0.5%▼
2019 · 2.2%
Debt ≤ 1 year
€201,584▲
2019 · €103,300
Debt > 1 year
€166,408▼
2019 · €260,446
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet Code20192020
Assets
Total assets20/58€351,484€357,650▲
Formation expenses20€0€0=
Fixed assets21/28€300,095€301,097▲
Tangible fixed assets22/27-€1,002
Financial fixed assets28€300,095€300,095=
Current assets29/58€51,389€56,552▲
Amounts receivable within one year40/41€51,328€56,552▲
Cash at bank and in hand54/58€61€1▼
Equity and liabilities
Total equity and liabilities10/49€351,484€357,650▲
Equity10/15-€12,261-€10,342▲
Contributions10/11€18,600-
Profit (loss) carried forward14-€30,861-€28,942▲
Amounts payable17/49€363,745€367,992▲
Amounts payable after more than one year17€260,446€166,408▼
Amounts payable within one year42/48€103,300€201,584▲
Trade debts44€23,651€25,796▲
Income statement Code20192020
Turnover70-€8,300
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€113
Gross operating margin9900€25,328€3,990▼
Operating profit (loss)9901€15,570€3,878▼
Recurring financial charges65€7,867€1,958▼
Profit (loss) for the period before taxes9903€7,702€1,920▼
Profit (loss) for the period9904€7,702€1,920▼
Profit (loss) for the period to be appropriated9905€7,702€1,920▼
Line201820192020Change
Turnover70--€8,300-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-€113-
Gross operating margin9900-€419€25,328€3,990▼ 84.2%
Operating profit (loss)9901-€419€15,570€3,878▼ 75.1%
Recurring financial income75€0---
Recurring financial charges65€3€7,867€1,958▼ 75.1%
Profit (loss) for the period before taxes9903-€422€7,702€1,920▼ 75.1%
Income taxes67/77€0---
Profit (loss) for the period9904-€422€7,702€1,920▼ 75.1%
Profit (loss) for the period to be appropriated9905-€422€7,702€1,920▼ 75.1%
Line201820192020Change
Assets
Total assets20/58€300,466€351,484€357,650▲ 1.8%
Formation expenses20€0€0€0-
Fixed assets21/28€300,000€300,095€301,097▲ 0.3%
Intangible fixed assets21€0---
Tangible fixed assets22/27€0-€1,002-
Financial fixed assets28€300,000€300,095€300,095=
Current assets29/58€466€51,389€56,552▲ 10.0%
Stocks and contracts in progress3€0---
Amounts receivable within one year40/41€466€51,328€56,552▲ 10.2%
Current investments50/53€0---
Cash at bank and in hand54/58€0€61€1▼ 98.8%
Equity and liabilities
Total equity and liabilities10/49€300,466€351,484€357,650▲ 1.8%
Equity10/15-€19,964-€12,261-€10,342▲ 15.7%
Contributions10/11€18,600€18,600--
Reserves13€0---
Profit (loss) carried forward14-€38,564-€30,861-€28,942▲ 6.2%
Provisions and deferred taxes16€0---
Amounts payable17/49€320,429€363,745€367,992▲ 1.2%
Amounts payable after more than one year17€300,000€260,446€166,408▼ 36.1%
Amounts payable within one year42/48€19,979€103,300€201,584▲ 95.1%
Trade debts44€0€23,651€25,796▲ 9.1%
Line201820192020Change
Profit (loss) for the period9904-€422€7,702€1,920▼ 75.1%
+ Depreciation and write-downs630€0-€113-
Operating cash flow (approximation)-€422€7,702€2,032▼ 73.6%
Investment in fixed assets (approximation)--€95-€1,115▼ 1,074%
Change in cash-€61-€60▼ 199%

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

2025
24-10
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 14-10-2025
2024
27-09
KBO administration Address struck
Vlees-en-Broodstraat L’adresse du siège Rue Chair et Pain 5a 1000 Die Sitzadresse Rue Chair et Pain / Vlees- 5a 1000 Brussel werd doorgehaald met ingang Bruxelles · event 01-08-2024
2022
07-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 31-10-2022
03-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 215 days late
2021
03-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 215 days late
2019
31-12
Financial Back to profitnet €7,702
Net result €7,702 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
17-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
14-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 106 days late
2015
06-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator POL MASSART
CHAUSSEE DE LA HULPE, 110/5, 1000 FR BRUXELLES-VILLE
31-10-2022 → 14-10-2025

Identification & contact

Identification
Legal formSPRL
Fiscal year end31-12

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