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TROOSTWIJK

Inactive
KBO/BCE: BE 0417.038.137

Inactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 01-01-2026.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
50 d early
2023
34 d early
2022
151 d late
2021
152 d late
2020
30 d early
2019
152 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 44 days after 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 (1)
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

TROOSTWIJK has filed 49 sets of annual accounts, the latest for fiscal year 2025.1 In 2026 the company was absorbed by merger into VAVATO.2

  1. 1National Bank, annual accounts 2025
  2. 2Belgian State Gazette, 10-03-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€8.9m▼ 25.9%
2024 · €12.0m
EBIT margin
5.3%▲ 2.4pp
2024 · 2.9%
Net result
€579,511▼ 12.1%
2024 · €658,970
Working capital
€2.1m▲ 112%
2024 · €1.0m
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
Line20212022202320242025
Turnover€9.5m▲ 9.1%€10.7m▲ 12.7%€11.5m▲ 7.4%€12.0m▲ 3.8%€8.9m▼ 25.9%
Operating result€589,415▼ 11.5%€621,351▲ 5.4%€447,864▼ 27.9%€353,134▼ 21.2%€470,192▲ 33.1%
Net result€362,273▲ 2.4%€410,456▲ 13.3%€281,722▼ 31.4%€658,970▲ 134%€579,511▼ 12.1%
EBIT margin6.2%▼ 1.4pp5.8%▼ 0.4pp3.9%▼ 1.9pp2.9%▼ 0.9pp5.3%▲ 2.4pp
Equity€6.6m▲ 5.8%€7.0m▲ 6.2%€7.3m▲ 4.0%€6.4m▼ 11.5%€6.4m▼ 1.2%
Total assets€14.9m▲ 5.1%€15.4m▲ 3.6%€9.1m▼ 40.6%€8.6m▼ 6.1%€8.5m▼ 1.6%
Debt€8.3m▲ 4.5%€8.4m▲ 1.5%€1.9m▼ 77.8%€2.1m▲ 14.8%€2.1m▼ 2.6%
Working capital€1.5m▲ 17.5%€2.0m▲ 28.9%€2.1m▲ 5.7%€1.0m▼ 51.4%€2.1m▲ 112%
Staff (FTE)35.8▲ 12.9%36.8▲ 2.8%38.8▲ 5.4%37.4▼ 3.6%42.9▲ 14.7%
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2021: €589,415€589,415Net result 2021: €362,273€362,273Operating result 2022: €621,351€621,351Net result 2022: €410,456€410,456Operating result 2023: €447,864€447,864Net result 2023: €281,722€281,722Operating result 2024: €353,134€353,134Net result 2024: €658,970€658,970Operating result 2025: €470,192€470,192Net result 2025: €579,511€579,51120212022202320242025€0€200,000€400,000€600,000Operating result 2023: €447,864€448,000Net result 2023: €281,722€282,000Operating result 2024: €353,134€353,000Net result 2024: €658,970€659,000Operating result 2025: €470,192€470,000Net result 2025: €579,511€580,000202320242025
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.5m
Fixed assets €4.2m ▼ 22.2%
Current assets €4.2m ▲ 34.0%
Equity and liabilities €8.5m
Equity €6.4m ▼ 1.2%
Debt €2.1m ▼ 2.6%
Debt's share of the balance-sheet total falls from 24.9% to 24.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€611,815▲
2024 · €494,260
Cash flow
€721,134▼
2024 · €800,097
Current ratio
2.03▲
2024 · 1.47
Debt to equity
0.33▼
2024 · 0.33
ROE
9.1%▼
2024 · 10.2%
ROA
6.9%▼
2024 · 7.7%
Interest coverage
44.75
Debt ≤ 1 year
€2.1m▼
2024 · €2.1m
Income taxes
€321,415▲
2024 · €213,520
Staff costs
€4.4m▲
2024 · €3.3m
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 · 2025 against 2024 · 71 lines
Balance sheet Code20242025
Assets
Total assets20/58€8.6m€8.5m▼
Fixed assets21/28€5.4m€4.2m▼
Tangible fixed assets22/27€550,190€659,349▲
Plant, machinery and equipment23€174,346€378,685▲
Furniture and vehicles24€96,883€182,734▲
Other tangible fixed assets26€278,962€97,930▼
Financial fixed assets28€4.9m€3.6m▼
Affiliated companies280/1€4.8m€3.5m▼
Participating interests280€4.8m€3.5m▼
Other financial fixed assets284/8€72,510€69,164▼
Amounts receivable and cash guarantees285/8€72,510€69,164▼
Current assets29/58€3.2m€4.2m▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.6m€2.0m▲
Trade receivables40€866,880€571,847▼
Other amounts receivable41€753,757€1.4m▲
Cash at bank and in hand54/58€1.5m€2.2m▲
Deferred charges and accrued income490/1€28,012€6,873▼
Equity and liabilities
Total equity and liabilities10/49€8.6m€8.5m▼
Equity10/15€6.4m€6.4m▼
Contributions10/11€5.3m€5.3m=
Capital10€5.3m€5.3m=
Issued capital100€5.3m€5.3m=
Reserves13€536,044€536,044=
Non-distributable reserves130/1€525,000€525,000=
Legal reserve130€525,000€525,000=
Tax-exempt reserves132€11,044€11,044=
Profit (loss) carried forward14€658,970€579,511▼
Amounts payable17/49€2.1m€2.1m▼
Amounts payable within one year42/48€2.1m€2.1m▼
Trade debts44€1.1m€1.1m▲
Suppliers440/4€1.1m€1.1m▲
Taxes, remuneration and social security45€1.0m€940,515▼
Taxes450/3€560,246€143,016▼
Remuneration and social security454/9€443,008€797,499▲
Accrued charges and deferred income492/3€0€2,091▲
Income statement Code20242025
Operating income70/76A€12.1m€9.1m▼
Turnover70€12.0m€8.9m▼
Other operating income74€147,780€273,535▲
Non-recurring operating income76A-€3,910
Operating charges60/66A€11.8m€8.7m▼
Goods for resale, raw materials and consumables60-€15,256
Purchases600/8-€15,256
Services and other goods61€8.3m€4.1m▼
Remuneration, social security and pensions62€3.3m€4.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141,126€141,623▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,744€20,007▲
Other operating charges640/8€72,951€56,255▼
Non-recurring operating charges66A-€14,242
Operating profit (loss)9901€353,134€470,192▲
Financial income75/76B€521,701€456,459▼
Recurring financial income75€521,701€456,459▼
Income from financial fixed assets750€432,052€456,000▲
Income from current assets751€89,007€428▼
Other financial income752/9€643€30▼
Financial charges65/66B€2,345€25,724▲
Recurring financial charges65€2,345€13,672▲
Debt charges650€0-
Other financial charges652/9€2,345€13,672▲
Non-recurring financial charges66B-€12,052
Profit (loss) for the period before taxes9903€872,490€900,927▲
Income taxes67/77€213,520€321,415▲
Taxes670/3€213,520€321,415▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€658,970€579,511▼
Profit (loss) for the period to be appropriated9905€658,970€579,511▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.2m€1.2m▼
Profit (loss) brought forward from the previous period14P€1.5m€658,970▼
Profit to be distributed694/7€1.5m€658,970▼
Return on contributions (dividend)694€1.5m€658,970▼
Social balance
Average headcount (FTE)908737.442.9▲

The notes to these accounts (66 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€10.9m€11.7m€11.8m€12.1m€9.1m▼ 24.6%
Turnover70€9.5m€10.7m€11.5m€12.0m€8.9m▼ 25.9%
Other operating income74€1.3m€981,635€305,545€147,780€273,535▲ 85.1%
Non-recurring operating income76A€2,300---€3,910-
Operating charges60/66A€10.3m€11.1m€11.4m€11.8m€8.7m▼ 26.3%
Goods for resale, raw materials and consumables60----€15,256-
Purchases600/8----€15,256-
Services and other goods61€7.4m€8.0m€7.8m€8.3m€4.1m▼ 50.8%
Remuneration, social security and pensions62€2.8m€3.0m€3.5m€3.3m€4.4m▲ 33.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,266€83,309€108,842€141,126€141,623▲ 0.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€830€4,682-€1,750-€2,744€20,007▲ 829%
Other operating charges640/8€23,717€16,256€18,150€72,951€56,255▼ 22.9%
Non-recurring operating charges66A----€14,242-
Operating profit (loss)9901€589,415€621,351€447,864€353,134€470,192▲ 33.1%
Financial income75/76B€4,960€64,288€118,980€521,701€456,459▼ 12.5%
Recurring financial income75€4,960€64,288€118,980€521,701€456,459▼ 12.5%
Income from financial fixed assets750---€432,052€456,000▲ 5.5%
Income from current assets751--€89,977€89,007€428▼ 99.5%
Other financial income752/9€4,960€64,288€29,003€643€30▼ 95.3%
Financial charges65/66B€33,467€21,097€68,309€2,345€25,724▲ 997%
Recurring financial charges65€33,467€21,097€68,309€2,345€13,672▲ 483%
Debt charges650€8,871€8,958€75€0--
Other financial charges652/9€24,596€12,139€68,234€2,345€13,672▲ 483%
Non-recurring financial charges66B----€12,052-
Profit (loss) for the period before taxes9903€560,908€664,542€498,535€872,490€900,927▲ 3.3%
Income taxes67/77€198,635€254,086€216,813€213,520€321,415▲ 50.5%
Taxes670/3€198,635€254,086€216,819€213,520€321,415▲ 50.5%
Tax adjustments and reversals of tax provisions77--€6€0--
Profit (loss) for the period9904€362,273€410,456€281,722€658,970€579,511▼ 12.1%
Profit (loss) for the period to be appropriated9905€362,273€410,456€281,722€658,970€579,511▼ 12.1%
Line20212022202320242025Change
Assets
Total assets20/58€14.9m€15.4m€9.1m€8.6m€8.5m▼ 1.6%
Fixed assets21/28€5.1m€5.1m€5.2m€5.4m€4.2m▼ 22.2%
Tangible fixed assets22/27€248,391€229,738€322,361€550,190€659,349▲ 19.8%
Plant, machinery and equipment23€237,001€220,730€315,772€174,346€378,685▲ 117%
Furniture and vehicles24€11,390€9,008€6,589€96,883€182,734▲ 88.6%
Other tangible fixed assets26---€278,962€97,930▼ 64.9%
Financial fixed assets28€4.8m€4.8m€4.9m€4.9m€3.6m▼ 26.9%
Affiliated companies280/1€4.8m€4.8m€4.8m€4.8m€3.5m▼ 27.2%
Participating interests280€4.8m€4.8m€4.8m€4.8m€3.5m▼ 27.2%
Other financial fixed assets284/8€23,335€33,935€83,352€72,510€69,164▼ 4.6%
Amounts receivable and cash guarantees285/8€23,335€33,935€83,352€72,510€69,164▼ 4.6%
Current assets29/58€9.8m€10.3m€3.9m€3.2m€4.2m▲ 34.0%
Stocks and contracts in progress3--€0€0€0-
Amounts receivable within one year40/41€3.5m€3.8m€3.3m€1.6m€2.0m▲ 21.4%
Trade receivables40€1.5m€1.7m€1.2m€866,880€571,847▼ 34.0%
Other amounts receivable41€2.0m€2.1m€2.2m€753,757€1.4m▲ 85.1%
Cash at bank and in hand54/58€6.2m€6.5m€522,119€1.5m€2.2m▲ 49.7%
Deferred charges and accrued income490/1€31,089€31,994€86,475€28,012€6,873▼ 75.5%
Equity and liabilities
Total equity and liabilities10/49€14.9m€15.4m€9.1m€8.6m€8.5m▼ 1.6%
Equity10/15€6.6m€7.0m€7.3m€6.4m€6.4m▼ 1.2%
Contributions10/11€5.3m€5.3m€5.3m€5.3m€5.3m=
Capital10€5.3m€5.3m€5.3m€5.3m€5.3m=
Issued capital100€5.3m€5.3m€5.3m€5.3m€5.3m=
Reserves13€536,044€536,044€536,044€536,044€536,044=
Non-distributable reserves130/1€525,000€525,000€525,000€525,000€525,000=
Legal reserve130€525,000€525,000€525,000€525,000€525,000=
Tax-exempt reserves132€11,044€11,044€11,044€11,044€11,044=
Profit (loss) carried forward14€804,407€1.2m€1.5m€658,970€579,511▼ 12.1%
Amounts payable17/49€8.3m€8.4m€1.9m€2.1m€2.1m▼ 2.6%
Amounts payable within one year42/48€8.3m€8.3m€1.8m€2.1m€2.1m▼ 2.7%
Trade debts44€7.0m€7.0m€502,314€1.1m€1.1m▲ 0.5%
Suppliers440/4€7.0m€7.0m€502,314€1.1m€1.1m▲ 0.5%
Taxes, remuneration and social security45€1.3m€1.3m€1.3m€1.0m€940,515▼ 6.3%
Taxes450/3€473,773€518,286€583,749€560,246€143,016▼ 74.5%
Remuneration and social security454/9€778,747€813,769€763,849€443,008€797,499▲ 80.0%
Other amounts payable47/48€4,562-----
Accrued charges and deferred income492/3€8,117€41,097€13,950€0€2,091-
Line20212022202320242025Change
Profit (loss) for the period9904€362,273€410,456€281,722€658,970€579,511▼ 12.1%
+ Depreciation and write-downs630€74,266€83,309€108,842€141,126€141,623▲ 0.4%
Operating cash flow (approximation)€436,539€493,765€390,564€800,097€721,134▼ 9.9%
Investment in fixed assets (approximation)--€85,256-€250,882-€360,165€1.1m▲ 395%
Change in cash-€221,894-€5.9m€979,539€745,876▼ 23.9%

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 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
04-02
State Gazette act Restructuring · End & cessation
Resignations: TARRAZU (director) and BROUWERS MATTIJS LEO (director) · Merger · Dissolution8 facts ▸
  • General meeting, 31-12-2025
  • Merger, vereenvoudigde zusterfusie, 01-01-2026
  • Dissolution, 01-01-2026
  • Director resignation, TARRAZU (director)
  • Director resignation, BROUWERS MATTIJS LEO (director)
  • Director resignation, TARRAZU (managing director)
  • Power of attorney
  • Share register destruction, alle aandelen in zowel de Overnemende vennootschap als in de Overgenomen vennootschap toebehoren aan één en dezelfde aandeelhouder, 01-01-2026
2025
11-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2020net €658,970 ▲134%
Net result €658,970, the highest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €281,722 ▼31.4%
Net result drops to €281,722, the lowest in the series.
29-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 151 days late
2022
30-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 152 days late
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 152 days late
31-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 184 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts

Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not 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
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint

Mandate history

2 people since 2026, 0 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BROUWERS MATTIJS LEO
  • Director, until 01-01-2026
TARRAZU
  • Director, until 01-01-2026
  • Managing director, until 01-01-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

  • Auctionshaus Wilhem Dechow GMBHDEsubsidiary
    Equity €6.5mResult €196,050
    100%
  • Karner & Dechow IndustrieAuktionen GMBHATsubsidiary
    Equity €451,468Result €79,638
    100%
Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

According to the 2025 annual accounts of TROOSTWIJK and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Taken over by:VAVATO
BE 0599.890.164simplified merger · State Gazette act of 10-03-2026 (3 acts) · effective 01-01-2026

Recognitions · licences · registrations

Legal Entity Identifier

254900RSC9C199C66P39
no longer live in the LEI register