Skip to content

TROX Belgium

Active
Public limited companyfounded 1967active for 58 yearsPaapsemlaan 18G, 1070 Anderlecht, BelgiumKBO/BCE: BE 0402.981.946
Summary

The computed 12-month bankruptcy probability of TROX Belgium is 2.7% (moderate). The 2024 annual accounts show equity of €1.4m and a net result of €210,239. Equity is growing by about 6.2% per year across the filed financial years. The company has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222Wholesale trade NACE 46842
4th oldest company in Anderlecht, Construction sector1 site
Size
€27.9mturnover 2024
Staff
44.5 FTE
Equity
€1.4m
Profit
€210,239
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.7%
Structure
  • TST Management BVDirector
Auditor: VGD BedrijfsrevisorenAccounts 70 days early3 of 30 deeds read
Why 50raises riskFigures for financial year 2024 (filed 22-05-2025)Equity €1.4m (14.8% of total assets)Liquidity: current ratio 1.14, cash €649,329Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 43, small)
Financial strength · tick = 2023
Weak
Solvency 40=
equity 14.8% of total assets
Liquidity 12+1
short-term debt 85.2% · cash 6.9%
Profitability 53-9
return on assets 2.2%
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,644 companies, NACE 43, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 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 03-2025lowest value 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 1.1%▲ +0.4 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.0%▼ -0.1 percentage points vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026 09-2026: 1.9%▲ +0.3 percentage points vs 08-2026 10-2026: 2.7%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.14, compared with 1.13 in 2023, below the usual 1.5; short-term debt: 85.2% and cash: 6.9% of total assets), and 85.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 16% on solvency, 5% on liquidity, 25% on profitability and 61% on growth.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 22-05-2025)
NBB · annual accounts
raises risk · Equity €1.4m (14.8% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.14, cash €649,329
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 days early
2024
70 days early
2023
65 days early
2022
87 days early
2021
83 days early
2020
86 days early
2019
88 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 78 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 22 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Thomas Mosbacher (managing director)Power of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. MiscellaneousShareholding · Director in office

Key points

  • Caution: Result fell in 2024from €437,363 to €210,239 ▼ 51.9% View
  • Positive: 4th oldest company in Anderlecht, Construction sectorin the Checked rankings No. 4 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: A director leftlatest change 09-06-2026 · 1 in office 1 left View
  • Active since 1967founded 07-11-1967 58 years View

By topic

Financials

Financial year
2024
Turnover
€27.9m
Profit
€210,239
Solvency
14.8%
Turnover▼ 0.5%
Net result
20182024
Go to Financials

Timeline

Events
56
Since
1979
Next accounts
by 31-07-2027
  1. 03-11-2025Appointment: VGD bedrijfsrevisoren (statutory auditor)
  2. 22-05-2025Annual accounts filed
  3. 27-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
07-11-1967
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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