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TROUBLEYN

Active
Public limited companyfounded 1985active for 41 yearsHonderdweg 11, 9230 Wetteren, BelgiumKBO/BCE: BE 0427.284.406
Summary

TROUBLEYN has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €932,065 and a net result of €25,035. Equity has been growing by about 4.2% per year since 2018. Its solvency ranks better than 48% of 1,030 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 05-06-1985 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.027.121.044 9230 Wetteren, since 05-06-1985
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Board

Financial position

79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€1.3m
▼ 2.3%
Turnover
≈ €2.2m
estimated
Profit
€25,035
▼ 29.7%
Equity
€932,065
▲ 2.8%
Total assets
€3.0m
▲ 12.8%
Employees on 31-12-2025
18
=
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.52, cash €27,274, halvedlowers riskFounded in 1985Figures for financial year 2025 (filed on 28-07-2026)Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 36% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 56-3
equity 31.1% of total assets
Liquidity 19-26
short-term debt 61.4% · cash 0.9%
Profitability 37-11
return on assets 0.8%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value 11-2026: 0.6%● unchanged vs 10-2026highest value
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (1.4 in 2024), above the usual 1.5. Short-term debt is 61.4% and cash 0.9% of total assets. However, 68.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 50% of them on solvency, 19% on liquidity, 24% on profitability and 49% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.52, cash €27,274, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
6 days early
2023
on the day
2022
23 days early
2021
24 days early
2020
52 days early
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 9th oldest company in Wetteren, Construction sectorin the Checked rankings No. 9 View
  • Positive: 8 profitable years in a rowprofit 2025: €25,035 8 years View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Reappointment: Troubleyn Gerry (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as TROUBLEYN: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.9m and €3.2m, founded between 1977 and 1989.

CompanyTotal assetsGross margin
TROUBLEYN Wetteren€3.0m€1.3m
ARWO-BOUW Arendonk€3.1m€1.3m
BOUWONDERNEMING DE GREEF Ternat€3.2m€1.3m
Algemeen Bouwbedrijf M.C.M. Malle€3.2m€1.4m
CORNELIS BOUWWERKEN Oosterzele€2.9m€1.0m
DERAEDT Deinze€3.1m€1.7m
ALGEMENE BOUWONDERNEMING HERWEYERS Stekene€2.9m€1.7m
Full comparison

Key facts about TROUBLEYN

What is the company number of TROUBLEYN?
The company number of TROUBLEYN is 0427.284.406. The VAT number is the same number with BE in front: BE 0427.284.406.
Where is TROUBLEYN based?
The registered office is at Honderdweg 11, 9230 Wetteren.Company details
What does TROUBLEYN do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of TROUBLEYN?
The legal form of TROUBLEYN is Public limited company (NV).
When was TROUBLEYN founded?
TROUBLEYN was founded on 05-06-1985.
Is TROUBLEYN still active?
Yes, TROUBLEYN is an active enterprise in the KBO register.
How many employees does TROUBLEYN have?
TROUBLEYN had an average of 18.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TROUBLEYN fall under?
In its 2025 annual accounts, TROUBLEYN states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of TROUBLEYN?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €1.3m and 1,584 comparable companies of the same size. It probably lies between €1.5m and €3.7m. It is a rough estimate.
Is TROUBLEYN profitable?
In financial year 2025, TROUBLEYN made a profit of €25,035.
Where can I find the annual accounts of TROUBLEYN?
TROUBLEYN filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TROUBLEYN due?
TROUBLEYN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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