TRS Service
ActiveSummary
The computed 12-month bankruptcy probability of TRS Service is 1.8% (moderate). The 2025 annual accounts show equity of €81k and a net result of €6k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 42% of 4486 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-8
Solvency58▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.76 in 2024; short-term debt: 48.9% and cash: 5.6% of total assets), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
2.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 d early
2024
40 d early
2023
42 d early
2022
33 d early
2021
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 7.7%
2024 · €76k
2021: €67k
2022: €71k
2023: €71k
2024: €76k
2021 → 2025
Total assets
€244k▲ 37.8%
2024 · €177k
2021: €108k
2022: €118k
2023: €188k
2024: €177k
2021 → 2025
Net result
€6k▼ 63.5%
2024 · €16k
2021: €48k
2022: €5k
2023: €1k
2024: €16k
2021 → 2025
Working capital
€-19k▲ 2.1%
2024 · €-19k
2021: €23k
2022: €33k
2023: €-31k
2024: €-19k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€71k▲ 6.1%€71k▲ 0.9%€76k▲ 5.8%€81k▲ 7.7%
Operating result€61k-€7k▼ 88.5%€5k▼ 28.7%€25k▲ 401%€5k▼ 81.7%
Net result€48k-€5k▼ 89.8%€1k▼ 69.8%€16k▲ 985%€6k▼ 63.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 82% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244k
Fixed assets
€143k ▲ 24.5%
Current assets
€100k ▲ 62.7%
Equity and liabilities €244k
Equity
€81k ▲ 7.7%
Debt
€162k ▲ 60.3%
Debt's share of the balance-sheet total rises from 57.2% to 66.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▼
2024 · €56k
Cash flow
€37k▼
2024 · €47k
Current ratio
0.84▲
2024 · 0.76
Quick ratio
0.76▲
2024 · 0.64
Debt to equity
1.99▲
2024 · 1.34
ROE
7.1%▼
2024 · 21.0%
ROA
2.4%▼
2024 · 9.0%
Interest coverage
21.23▲
2024 · 11.70
Debt ≤ 1 year
€119k▲
2024 · €81k
Debt > 1 year
€42k▲
2024 · €20k
Income taxes
€-3k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€177k€244k▲
Fixed assets21/28€115k€143k▲
Tangible fixed assets22/27€115k€143k▲
Land and buildings22€14k€13k▼
Plant, machinery and equipment23€61k€48k▼
Furniture and vehicles24€12k€63k▲
Leasing and similar rights25€29k€20k▼
Current assets29/58€62k€100k▲
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€36k€71k▲
Trade receivables40€34k€59k▲
Other amounts receivable41€2k€12k▲
Cash at bank and in hand54/58€11k€14k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€177k€244k▲
Equity10/15€76k€81k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€56k€61k▲
Amounts payable17/49€101k€162k▲
Amounts payable after more than one year17€20k€42k▲
Financial debts170/4€20k€42k▲
Amounts payable within one year42/48€81k€119k▲
Current portion of amounts payable after more than one year42€9k€24k▲
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€58k€83k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A€19k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€58k€37k▼
Operating profit (loss)9901€25k€5k▼
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€20k€3k▼
Income taxes67/77€4k€-3k▼
Profit (loss) for the period9904€16k€6k▼
Profit (loss) for the period to be appropriated9905€16k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€61k▼
Profit (loss) brought forward from the previous period14P€51k€56k▲
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €1k ▼69.8%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lebbeke · 1 establishment unit since 2019
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.
Opwijksestraat 2109280 LebbekeGround area
1,101 m²
Building footprint
374 m²
Volume, LiDAR
1,757 m³
Parcel 42322C0156/00L002, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TRS Service
since 20192.294.968.926
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0156/00L002 | Flanders | 1,101 m² | 1 · 374 m² | 7.4 m · 1 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
2025 · 1 entry · 236 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 236 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,636 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2019
Fiscal year end30-09
Activities, NACEBEL 2025
81300Landscape service activities
33120Repair and maintenance of machinery
43120Site preparation
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.trs-service.be
E-mail:info@trs-service.be