Equity
€638,200 ▼ 6.2%
TROVER paid out €101,428 in dividends. That is 171% of the 2025 profit.
TROVER
Lifetime
21 annual accounts with figures on one time axis, 24 filings since 2001peak €153,816 (2023)
€99,574▼ 4.8%
peak €101,428 (2020)
€59,446▼ 11.2%
peak €752,021 (2022)
€638,200▼ 6.2%
€278,517▲ 35.2%
peak 1 FTE (2015)
-not published
Board1 name since 2000
1 directorVerheyen Patrick
Documentsfilings and deeds
25-09-202656 days late
2025micro format
Dividend €101,428Debts from €205,974 to €278,517Investments €63,434
Key points
from the 2025 annual accountsTurnover
≈ €300,000 estimated
The micro format states no turnover.
Debts
€278,517 ▲ 35.2%
Debts rose by €72,543 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€63,434 2.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 412.3% higher than in 2024.
Filings
24 annual accounts since 2001
Ten of the last ten came late. The 2016 accounts came latest: 151 days after the end of the period.
Position in the sector
€638,200
More equity than 93% of companies in warehousing and transport support. Sector median €53,980 · 1,191 companies.
Checked score
69
Healthy
Financially stronger than 49% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.6%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.2 percentage points vs 07-2025
09-2025: 1.1%▲ +0.2 percentage points vs 08-2025
10-2025: 0.7%▼ -0.4 percentage points vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.4 percentage points vs 07-2026
09-2026: 1.2%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.7%▼ -0.5 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 56 days late; 3 of the last 3 accounts late
Sector: Warehousing and support activities for transportation (NACE 52)
Liquidity: current ratio 2.38, cash €11,149
lowers risk
Founded in 2000
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 52, micro). It does better than 74% of them on solvency, 34% on liquidity, 59% on profitability and 28% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as TROVER has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
The bankruptcy probability of TROVER itself is higher: 0.7% within 12 months. It rests on far more data about TROVER than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for TROVER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.38 (3.27 in 2024), above the usual 1.5. Short-term debt is 27.5% and cash 1.2% of total assets. 31.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
56 days late
2024
54 days late
2023
58 days late
2022
51 days late
2021
89 days late
2020
90 days late
2019
139 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 77 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% 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 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0471487702
Amendment of the articles · Legal-form change
Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: VERHEYEN Patrick (director) · General meeting of 20-02-2024 · Gazette deed
First establishment
Gagelveldenstraat 21/23, Antwerp
Incorporation
published on 31-03-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TROVER Antwerp | €0.9m | €99,574 | 68.7% | - |
| GECOVER Bilzen-Hoeselt | €1.1m | €91,630 | 73.4% | 0 |
| CELKO SHIPPING Ranst | €1.4m | €162,133 | 63.9% | - |
| MOVI Evergem | €1.3m | €83,178 | 92.7% | - |
| PAMATINEAU Aalter | €0.6m | €83,422 | 91.1% | - |
| VLAAMSE HAVENLOODSEN - REGIO KUST Bruges | €0.8m | €181,754 | 21.9% | - |
| VAGMAR Lievegem | €0.9m | €81,881 | 82.6% | - |
These companies have the same main activity as TROVER: warehousing and support activities for transportation (NACE 52220). They are comparable in size and age: total assets between €628,000 and €1.4m, founded between 1996 and 2006.
Official details
Source: KBO- Status
- Active since 22-03-2000Normal situation
- Activity
- Warehousing and support activities for transportationNACE 52220
- Establishment unit
- 2.115.804.4812170 Antwerp, since 18-05-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 23-04-2025
Insights on TROVER
TROVER files the micro format. That format states no turnover. The gross margin rose from €6,521 in 2007 to €99,574 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TROVER
- What is the company number of TROVER?
- The company number of TROVER is 0471.487.702. The VAT number is the same number with BE in front: BE 0471.487.702.
- Where is TROVER based?
- The registered office is at Gagelveldenstraat 21/23, 2170 Antwerp.Company details
- What does TROVER do?
- According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52220).
- What is the legal form of TROVER?
- TROVER is a private limited company (BV).
- When was TROVER founded?
- TROVER was founded on 22-03-2000.
- Is TROVER still active?
- Yes, TROVER is an active enterprise in the KBO register.
- What is the turnover of TROVER?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €99,574 and 2,666 comparable companies of the same size. It probably lies between €200,000 and €520,000. It is a rough estimate.Financials
- Is TROVER profitable?
- In financial year 2025, TROVER made a profit of €59,446.
- Where can I find the annual accounts of TROVER?
- TROVER filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TROVER due?
- TROVER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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