TRS AUTOPARTS
ActiveThe computed 12-month bankruptcy probability of TRS AUTOPARTS is 1.9% (moderate). The 2024 annual accounts show equity of €87k and a net result of €27k. Equity is growing by ~42% per year across the filed fiscal years. Its solvency ranks better than 50% of 26043 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+77
Solvency58▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.51 in 2023; short-term debt: 46.7% and cash: 13.2% of total assets), and 67.4% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.6%
Return on assets
10%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
68 d late
2022
211 d late
2021
75 d late
2020
34 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€87k▲ 44.3%
2023 · €60k
2020: €21k
2021: €41k
2022: €79k
2023: €60k
2020 → 2024
Total assets
€266k▲ 69.8%
2023 · €157k
2020: €68k
2021: €104k
2022: €155k
2023: €157k
2020 → 2024
Net result
€27k
2023 · €-18k
2020: €16k
2021: €20k
2022: €37k
2023: €-18k
2020 → 2024
Working capital
€53k▲ 8.3%
2023 · €49k
2020: €-10k
2021: €14k
2022: €63k
2023: €49k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€41k▲ 96.1%€79k▲ 89.4%€60k▼ 23.4%€87k▲ 44.3%
Operating result€16k-€21k▲ 28.3%€39k▲ 87.0%€-15k€40k
Net result€16k-€20k▲ 25.8%€37k▲ 82.5%€-18k€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €40k after a loss of €15k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €266k
Fixed assets
€89k▲ 684%
Current assets
€177k▲ 21.9%
Equity and liabilities €266k
Equity
€87k▲ 44.3%
Debt
€179k▲ 85.7%
The debt ratio rises from 61.6% to 67.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▲
2023 · €-1k
Cash flow
€41k▲
2023 · €-5k
Solvency
32.6%▼
2023 · 38.4%
Current ratio
1.43▼
2023 · 1.51
Quick ratio
0.32▼
2023 · 0.59
Debt / equity
2.07▲
2023 · 1.60
ROE
30.7%▲
2023 · -30.6%
ROA
10.0%▲
2023 · -11.8%
Interest coverage
6.82▲
2023 · -0.38
Debt
€179k▲
2023 · €97k
Debt ≤ 1 year
€124k▲
2023 · €97k
Debt > 1 year
€55k
Income taxes
€5k
Staff costs
€83k▲
2023 · €61k
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€157k€266k▲
Fixed assets21/28€11k€89k▲
Tangible fixed assets22/27€11k€89k▲
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€6k€84k▲
Leasing and similar rights25€671-
Other tangible fixed assets26€1k€663▼
Current assets29/58€145k€177k▲
Stocks and contracts in progress3€88k€137k▲
Stocks30/36€88k€137k▲
Amounts receivable within one year40/41€54k€5k▼
Trade receivables40€37k€2k▼
Other amounts receivable41€17k€3k▼
Cash at bank and in hand54/58€3k€35k▲
Equity and liabilities
Total equity and liabilities10/49€157k€266k▲
Equity10/15€60k€87k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€55k€82k▲
Amounts payable17/49€97k€179k▲
Amounts payable after more than one year17-€55k
Financial debts170/4-€55k
Amounts payable within one year42/48€97k€124k▲
Current portion of amounts payable after more than one year42-€19k
Trade debts44€26k€34k▲
Suppliers440/4€26k€34k▲
Taxes, remuneration and social security45€70k€61k▼
Taxes450/3€61k€33k▼
Remuneration and social security454/9€9k€27k▲
Other amounts payable47/48-€11k
Income statement
Code20232024
Remuneration, social security and pensions62€61k€83k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€9k▲
Gross operating margin9900€61k€146k▲
Operating profit (loss)9901€-15k€40k▲
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€-18k€32k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-18k€27k▲
Profit (loss) for the period to be appropriated9905€-18k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€82k▲
Profit (loss) brought forward from the previous period14P€74k€55k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 211 days late
2023
31-12
Financial
Weakest financial yearnet €-18k ▼150%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Highest result since 2020net €37k ▲82.5%
Net result €37k, the highest in the series.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Pieters-Leeuw · 1 establishment unit since 2020
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.
Bergensesteenweg 11600 Sint-Pieters-LeeuwGround area
1,043 m²
Building footprint
554 m²
Volume, LiDAR
2,549 m³
Parcel 23077A0125/00K002, Flanders · tallest building 26.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRS AUTOPARTS
since 20202.302.440.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0125/00K002 | Flanders | 1,043 m² | 1 · 554 m² | 26.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
PREMIUM CAR TRADING
BE 0790.305.916
Lier · Eq €87k
JAVOROVAC
BE 1008.121.691
Liège · Eq €87k
THE DREAM CARS COMPANY
BE 0728.784.853
Sint-Pieters-Woluwe · Eq €87k
SIM AUTOGROUP
BE 0737.449.428
Heusden-Zolder · Eq €87k
ADAX
BE 0809.578.628
Brugge · Eq €87k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,587 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2020
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
45204
95319Other maintenance and repair of motor vehicles
47820Retail sale of motor vehicle parts and accessories
49410Freight transport by road
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.