TROTSTAR
ActiveTROTSTAR has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €520k and a net result of €87k. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 27% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+27
Solvency61▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.61 against 3.33 in 2023; short-term debt: 23.5% and cash: 7.9% of total assets), and 64% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
55 d early
2022
28 d early
2021
3 d early
2020
13 d late
2019
34 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€520k▲ 10.1%
2023 · €472k
2018: €87k
2019: €111k
2020: €180k
2021: €292k
2022: €487k
2023: €472k
2018 → 2024
Total assets
€1.45M▲ 22.4%
2023 · €1.18M
2018: €451k
2019: €546k
2020: €544k
2021: €681k
2022: €1.36M
2023: €1.18M
2018 → 2024
Net result
€87k▲ 1,500%
2023 · €5k
2018: €39k
2019: €34k
2020: €77k
2021: €118k
2022: €195k
2023: €5k
2018 → 2024
Working capital
€-132k
2023 · €179k
2018: €69k
2019: €136k
2020: €140k
2021: €233k
2022: €-108k
2023: €179k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€180k-€292k▲ 61.9%€487k▲ 66.9%€472k▼ 3.0%€520k▲ 10.1%
Operating result€113k-€177k▲ 55.7%€288k▲ 62.9%€27k▼ 90.6%€141k▲ 422%
Net result€77k-€118k▲ 53.6%€195k▲ 64.7%€5k▼ 97.2%€87k▲ 1,500%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 422% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.45M
Fixed assets
€1.24M▲ 33.8%
Current assets
€208k▼ 18.9%
Equity and liabilities €1.45M
Equity
€520k▲ 10.1%
Debt
€926k▲ 30.6%
The debt ratio rises from 60.0% to 64.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€186k▲
2023 · €66k
Cash flow
€132k▲
2023 · €44k
Solvency
36.0%▼
2023 · 40.0%
Current ratio
0.61▼
2023 · 3.33
Quick ratio
0.61▼
2023 · 3.33
Debt / equity
1.78▲
2023 · 1.50
ROE
16.7%▲
2023 · 1.1%
ROA
6.0%▲
2023 · 0.5%
Interest coverage
10.33▲
2023 · 3.60
Debt
€926k▲
2023 · €709k
Debt ≤ 1 year
€339k▲
2023 · €77k
Debt > 1 year
€584k▼
2023 · €630k
Income taxes
€44k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.18M€1.45M▲
Fixed assets21/28€925k€1.24M▲
Tangible fixed assets22/27€925k€1.24M▲
Land and buildings22€913k€1.23M▲
Furniture and vehicles24€12k€6k▼
Other tangible fixed assets26€0-
Current assets29/58€256k€208k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€67k€93k▲
Trade receivables40€2k€29k▲
Other amounts receivable41€65k€65k▼
Current investments50/53€150k€0▼
Cash at bank and in hand54/58€38k€114k▲
Deferred charges and accrued income490/1€1k€265▼
Equity and liabilities
Total equity and liabilities10/49€1.18M€1.45M▲
Equity10/15€472k€520k▲
Contributions10/11€6k€6k=
Reserves13€463k€511k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€463k€511k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€709k€926k▲
Amounts payable after more than one year17€630k€584k▼
Financial debts170/4€627k€582k▼
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€77k€339k▲
Current portion of amounts payable after more than one year42€44k€45k▲
Trade debts44€24k€276k▲
Suppliers440/4€24k€276k▲
Taxes, remuneration and social security45€8k€18k▲
Taxes450/3€8k€18k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€45k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€46k€0▼
Other operating charges640/8€72k€51k▼
Gross operating margin9900€184k€237k▲
Operating profit (loss)9901€27k€141k▲
Financial income75/76B€635€7k▲
Recurring financial income75€635€7k▲
Financial charges65/66B€18k€18k▼
Recurring financial charges65€18k€18k▼
Profit (loss) for the period before taxes9903€9k€130k▲
Income taxes67/77€4k€44k▲
Profit (loss) for the period9904€5k€87k▲
Profit (loss) for the period to be appropriated9905€5k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€89k▲
Profit (loss) brought forward from the previous period14P€3k€3k▲
Transfer from equity791/2€20k€39k▲
Transfer to equity691/2€5k€87k▲
To other reserves6921€5k€87k▲
Profit to be distributed694/7€20k€39k▲
Return on contributions (dividend)694€20k€39k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €520k ▲10.1%
7 profitable years in a row build equity to €520k.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼97.2%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.33
Current ratio from 0.83 to 3.33; short-term debt falls from €641k to €77k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €195k ▲64.7%
Operating result €288k, net result €195k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €292k ▲61.9%
4 profitable years in a row build equity to €292k.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Equity above €150kEq €180k ▲62.3%
3 profitable years in a row build equity to €180k.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Equity above €100kEq €111k ▲27.2%
2 profitable years in a row build equity to €111k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Brasschaat · 2 establishment units since 2012
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.
Charlottalei 502930 BrasschaatGround area
1,309 m²
Building footprint
413 m²
Volume, LiDAR
3,195 m³
2 parcels, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TrotStar
since 20122.214.179.408
TrotStar
since 20182.275.454.209
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0042/00B003 | Flanders | 1,033 m² | 1 · 137 m² | 12.9 m · 2 fl. |
| 11807G0645/00E005 | Flanders | 276 m² | 1 · 276 m² | 14.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Plainsight
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FOSEA
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Chaumont-Gistoux · Eq €521k
SCOOP
BE 0430.104.235
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ATLANTIC BALLOONING
BE 0467.022.534
Destelbergen · Eq €521k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 11,807 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.