TRST
ActiveThe computed 12-month bankruptcy probability of TRST is 4.8% (elevated). The 2025 annual accounts show equity of €18k and a net result of €8k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 13009 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
Axes · tick = 2024
Profitability100=
Solvency8▲+1
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.49 against 0.61 in 2024), and 87.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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
12.7%
Return on assets
5.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 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 · 6 filingsDeviation from the deadline
2025
34 d late
2024
2 d late
2023
39 d early
2022
57 d late
2021
67 d late
2020
142 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€147k
EBIT margin
16.5%
Net result
€8k▼ 73.8%
2024 · €29k
2020: €7k
2021: €23k
2022: €-12k
2023: €-4k
2024: €29k
2020 → 2025
Working capital
€-63k▲ 4.6%
2024 · €-66k
2020: €796
2021: €2k
2022: €-10k
2023: €-13k
2024: €-66k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€147k-
Equity€37k-€25k▼ 33.3%€21k▼ 14.3%€10k▼ 51.0%€18k▲ 73.1%
Operating result€24k-€-10k€-1k▲ 88.0%€36k€14k▼ 62.3%
Net result€23k-€-12k€-4k▲ 71.2%€29k€8k▼ 73.8%
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 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€81k▲ 6.0%
Current assets
€61k▼ 42.1%
Equity and liabilities €142k
Equity
€18k▲ 73.1%
Debt
€124k▼ 27.6%
The debt ratio falls from 94.2% to 87.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€36k▼
2024 · €49k
Cash flow
€30k▼
2024 · €42k
Solvency
12.7%▲
2024 · 5.8%
Current ratio
0.49▼
2024 · 0.61
Quick ratio
0.30▼
2024 · 0.45
Debt / equity
6.85▼
2024 · 16.36
ROE
42.2%▼
2024 · 278.8%
ROA
5.4%▼
2024 · 16.1%
Interest coverage
7.21▼
2024 · 12.48
Debt
€124k▼
2024 · €171k
Debt ≤ 1 year
€124k▼
2024 · €171k
Income taxes
€2k▼
2024 · €3k
Staff costs
€37k▲
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€181k€142k▼
Fixed assets21/28€77k€81k▲
Intangible fixed assets21€15k€12k▼
Tangible fixed assets22/27€61k€69k▲
Plant, machinery and equipment23€4k€11k▲
Furniture and vehicles24€21k€24k▲
Other tangible fixed assets26€36k€34k▼
Financial fixed assets28€265€265=
Current assets29/58€105k€61k▼
Stocks and contracts in progress3€27k€24k▼
Stocks30/36€27k€24k▼
Amounts receivable within one year40/41€40k€21k▼
Trade receivables40€29k€13k▼
Other amounts receivable41€11k€9k▼
Cash at bank and in hand54/58€21k€351▼
Deferred charges and accrued income490/1€17k€15k▼
Equity and liabilities
Total equity and liabilities10/49€181k€142k▼
Equity10/15€10k€18k▲
Contributions10/11€8k€8k=
Reserves13€750€750=
Non-distributable reserves130/1€750€750=
Reserves not available under the articles1311€750€750=
Profit (loss) carried forward14€2k€10k▲
Amounts payable17/49€171k€124k▼
Amounts payable within one year42/48€171k€124k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€98k€68k▼
Suppliers440/4€98k€68k▼
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€19k€28k▲
Taxes450/3€19k€28k▲
Other amounts payable47/48€49k€28k▼
Income statement
Code20242025
Remuneration, social security and pensions62€7k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€23k▲
Other operating charges640/8€494€1k▲
Gross operating margin9900€56k€75k▲
Operating profit (loss)9901€36k€14k▼
Financial income75/76B-€813
Recurring financial income75-€813
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€32k€9k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€29k€8k▼
Profit (loss) for the period to be appropriated9905€29k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€10k▼
Profit (loss) brought forward from the previous period14P€13k€2k▼
Profit to be distributed694/7€40k-
Return on contributions (dividend)694€40k-
The notes to these accounts (9 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
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2025
02-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Weakest financial yearnet €-12k ▼155%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Chimay · 2 establishment units 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.
Rue de Chimay(VIR) 76461 ChimayGround area
606 m²
Building footprint
326 m²
Volume, LiDAR
776 m³
2 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TRST
since 20192.293.297.655
Phi Phi Bar
since 20242.369.848.867
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56083B0448/00F000 | Wallonia | 387 m² | 1 · 132 m² | 7.7 m · 2 fl. |
| 93056D0199/00M000 | Wallonia | 219 m² | 1 · 194 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ADAM&
BE 0662.506.238
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KRIS ROELS
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BIDESA
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Of 13,834 companies in sector 56301 we hold annual accounts for 4,806. 3,881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-2019
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.