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TRONCQUO

Active
Private limited companyfounded 198343 yrs activeBerchemweg 127, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0424.025.404

TRONCQUO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €768k and a net result of €92k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 91% of 1305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
92 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-1
Solvency100▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 85.12 against 5.42 in 2024; short-term debt: 1.2% and cash: 47.7% of total assets), and 12.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 43 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
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 2025
Solvency, return and age of the figures
Solvency
87.3%
Return on assets
10.5%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
23 d early
2023
5 d early
2022
31 d late
2021
11 d early
2020
31 d late
2019
17 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Equity
€768k▲ 13.7%
2024 · €676k
2018: €330k 2019: €426k 2020: €497k 2021: €504k 2022: €672k 2023: €686k 2024: €676k
2018 → 2025
Total assets
€880k▼ 7.1%
2024 · €948k
2018: €592k 2019: €616k 2020: €682k 2021: €639k 2022: €799k 2023: €877k 2024: €948k
2018 → 2025
Net result
€92k▼ 16.9%
2024 · €111k
2018: €121k 2019: €97k 2020: €70k 2021: €50k 2022: €198k 2023: €98k 2024: €111k
2018 → 2025
Working capital
€859k▲ 11.8%
2024 · €768k
2018: €346k 2019: €498k 2020: €579k 2021: €586k 2022: €757k 2023: €806k 2024: €768k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€504k-€672k▲ 33.4%€686k▲ 2.1%€676k▼ 1.5%€768k▲ 13.7%
Operating result€90k-€293k▲ 224%€144k▼ 50.9%€138k▼ 3.8%€135k▼ 2.3%
Net result€50k-€198k▲ 292%€98k▼ 50.6%€111k▲ 13.4%€92k▼ 16.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €90k€90kNet result 2021: €50k€50kOperating result 2022: €293k€293kNet result 2022: €198k€198kOperating result 2023: €144k€144kNet result 2023: €98k€98kOperating result 2024: €138k€138kNet result 2024: €111k€111kOperating result 2025: €135k€135kNet result 2025: €92k€92k20212022202320242025
The operating result has fallen three years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €880k
Fixed assets €11k▲ 105%
Current assets €869k▼ 7.7%
Equity and liabilities €880k
Equity €768k▲ 13.7%
Provisions €102k▲ 4.2%
Debt €10k▼ 94.1%
The debt ratio falls from 18.3% to 1.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€138k
2024 · €141k
Cash flow
€95k
2024 · €113k
Solvency
87.3%
2024 · 71.3%
Current ratio
85.12
2024 · 5.42
Quick ratio
85.12
2024 · 5.42
Debt / equity
0.01
2024 · 0.26
ROE
12.0%
2024 · 16.4%
ROA
10.5%
2024 · 11.7%
Interest coverage
33.76
2024 · 119.09
Debt
€10k
2024 · €174k
Debt ≤ 1 year
€10k
2024 · €174k
Income taxes
€43k
2024 · €52k
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€948k€880k
Fixed assets21/28€5k€11k
Intangible fixed assets21€0-
Tangible fixed assets22/27€5k€11k
Land and buildings22€726€581
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€291€7k
Financial fixed assets28€19€19=
Current assets29/58€942k€869k
Amounts receivable after more than one year29€303k€308k
Trade receivables290€303k€308k
Amounts receivable within one year40/41€106k€140k
Trade receivables40€66k€87k
Other amounts receivable41€40k€54k
Current investments50/53€291k€0
Cash at bank and in hand54/58€242k€420k
Deferred charges and accrued income490/1€542€2k
Equity and liabilities
Total equity and liabilities10/49€948k€880k
Equity10/15€676k€768k
Contributions10/11€19k€19k=
Reserves13€657k€749k
Distributable reserves133€657k€749k
Profit (loss) carried forward14€0€0
Provisions and deferred taxes16€98k€102k
Provisions for liabilities and charges160/5€98k€102k
Major repairs and maintenance162€98k€102k
Amounts payable17/49€174k€10k
Amounts payable within one year42/48€174k€10k
Trade debts44€174k€7k
Suppliers440/4€174k€7k
Taxes, remuneration and social security45€0€3k
Taxes450/3€0€3k
Other amounts payable47/48-€19
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-29k€4k
Other operating charges640/8€685€1k
Gross operating margin9900€113k€143k
Operating profit (loss)9901€138k€135k
Financial income75/76B€26k€4k
Recurring financial income75€26k€4k
Financial charges65/66B€1k€4k
Recurring financial charges65€1k€4k
Profit (loss) for the period before taxes9903€163k€135k
Income taxes67/77€52k€43k
Profit (loss) for the period9904€111k€92k
Profit (loss) for the period to be appropriated9905€111k€92k
Appropriation of the result
Profit (loss) to be appropriated9906€111k€92k
Transfer from equity791/2€121k€0
Transfer to equity691/2€111k€92k
To other reserves6921€111k€92k
Profit to be distributed694/7€121k€0
Return on contributions (dividend)694€121k€0

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity times 16current ratio 85.12
Current ratio from 5.42 to 85.12; short-term debt falls from €174k to €10k.
08-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Highest result since 2018net €198k ▲292%
Operating result €293k, net result €198k, both a record.
20-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €50k ▼28.3%
Net result drops to €50k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 14.29
Current ratio from 6.76 to 14.29; short-term debt falls from €101k to €44k.
31-12
Financial Equity above €500kEq €504k ▲1.3%
4 profitable years in a row build equity to €504k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
2019
31-12
Financial Liquidity doublescurrent ratio 5.34
Current ratio from 2.52 to 5.34; short-term debt falls from €228k to €115k.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oudenaarde · 1 establishment unit since 1983
establishment The establishment unit on the map
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.

Berchemweg 1279700 Oudenaarde
Ground area
1,500 m²
Building footprint
208 m²
Volume, LiDAR
761 m³
Parcel 45023A1403/00T000, Flanders · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Berchemweg 127, 9700 Oudenaarde
NACE 20101
since 19832.022.359.433
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45023A1403/00T000 Flanders 1,500 m² 1 · 208 m² 4.3 m · 1 fl.
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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 2,730 EUR awarded · 2,730 EUR paid
Year Entries awardedpaid
2025 1 2,730 EUR2,730 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 2,730 EUR · 2,730 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 788 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-04-1983
Fiscal year end31-12
Activities, NACEBEL
20300
33120Repair and maintenance of machinery
16230Manufacture of other builders' carpentry and joinery
25110Manufacture of metal structures and parts of structures
28120Manufacture of machinery and equipment not elsewhere classified
28130Manufacture of machinery and equipment not elsewhere classified
28410Manufacture of machinery and equipment not elsewhere classified
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.