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Truant

Active
Public limited companyfounded 196561 yrs activeNieuwstraat 23, 8970 Poperinge, BelgiumKBO/BCE: BE 0405.518.495

Truant has been active since 1965 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €889k and a net result of €-11k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
60 / 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 14.43 against 8.82 in 2024), and 7.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 61 years 0 70 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
92.7%
Return on assets
-1.1%
Age of the figures
8 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
22 d late
2023
9 d early
2022
7 d early
2021
34 d early
2020
33 d early
2019
28 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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-11k▲ 38.1%
2024 · €-17k
2018: €-32k 2019: €-43k 2020: €-27k 2021: €142k 2022: €112k 2023: €287k 2024: €-17k
2018 → 2025
Working capital
€721k▼ 39.5%
2024 · €1.19M
2018: €908k 2019: €893k 2020: €956k 2021: €1.17M 2022: €1.14M 2023: €1.18M 2024: €1.19M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€797k-€909k▲ 14.0%€967k▲ 6.5%€950k▼ 1.8%€889k▼ 6.4%
Operating result€169k-€127k▼ 24.6%€530k▲ 316%€235▼ 100.0%€-20k
Net result€142k-€112k▼ 21.1%€287k▲ 157%€-17k€-11k▲ 38.1%
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2021: €169k€169kNet result 2021: €142k€142kOperating result 2022: €127k€127kNet result 2022: €112k€112kOperating result 2023: €530k€530kNet result 2023: €287k€287kOperating result 2024: €235€235Net result 2024: €-17k€-17kOperating result 2025: €-20k€-20kNet result 2025: €-11k€-11k20212022202320242025
The operating result turns negative in 2025: a loss of €20k after €235 in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €959k
Fixed assets €184k▲ 4.5%
Current assets €775k▼ 42.4%
Equity and liabilities €959k
Equity €889k▼ 6.4%
Debt €70k▼ 87.7%
The debt ratio falls from 37.5% to 7.3%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-3k
2024 · €22k
Cash flow
€7k
2024 · €4k
Solvency
92.7%
2024 · 62.5%
Current ratio
14.43
2024 · 8.82
Quick ratio
14.43
2024 · 8.82
Debt / equity
0.08
2024 · 0.60
ROE
-1.2%
2024 · -1.8%
ROA
-1.1%
2024 · -1.1%
Interest coverage
-9.96
2024 · 0.67
Debt
€70k
2024 · €571k
Debt ≤ 1 year
€54k
2024 · €152k
Debt > 1 year
€15k
2024 · €388k
Income taxes
€2k
2024 · €-1
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€1.52M€959k
Fixed assets21/28€176k€184k
Tangible fixed assets22/27€176k€184k
Land and buildings22€81k€77k
Plant, machinery and equipment23€95k€75k
Furniture and vehicles24-€32k
Current assets29/58€1.34M€775k
Amounts receivable within one year40/41€7k€5
Trade receivables40€5k€5
Other amounts receivable41€2k-
Current investments50/53€1.25M€750k
Cash at bank and in hand54/58€85k€20k
Deferred charges and accrued income490/1€3k€5k
Equity and liabilities
Total equity and liabilities10/49€1.52M€959k
Equity10/15€950k€889k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€782k€782k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€324k€324k=
Distributable reserves133€452k€452k=
Profit (loss) carried forward14€106k€45k
Amounts payable17/49€571k€70k
Amounts payable after more than one year17€388k€15k
Other amounts payable178/9€388k€15k
Amounts payable within one year42/48€152k€54k
Trade debts44€7k€4k
Suppliers440/4€7k€4k
Taxes, remuneration and social security45-€138
Taxes450/3-€138
Other amounts payable47/48€146k€50k
Accrued charges and deferred income492/3€31k€1k
Income statement Code20242025
Non-recurring operating income76A€17k€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€18k
Other operating charges640/8€1k€4k
Gross operating margin9900€23k€2k
Operating profit (loss)9901€235€-20k
Financial income75/76B€15k€12k
Recurring financial income75€15k€12k
Financial charges65/66B€32k€285
Recurring financial charges65€32k€285
Profit (loss) for the period before taxes9903€-17k€-8k
Income taxes67/77€-1€2k
Profit (loss) for the period9904€-17k€-11k
Profit (loss) for the period to be appropriated9905€-17k€-11k
Appropriation of the result
Profit (loss) to be appropriated9906€106k€95k
Profit (loss) brought forward from the previous period14P€123k€106k
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
22-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial Liquidity doublescurrent ratio 8.82
Current ratio from 4.37 to 8.82; short-term debt falls from €350k to €152k.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €287k ▲157%
Operating result €530k, net result €287k, both a record.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €142k
Net result €142k after 3 loss-making years.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
18-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Poperinge · 1 establishment unit since 1956
establishment The establishment unit on the map
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.

Nieuwstraat 238970 Poperinge
Ground area
318 m²
Building footprint
203 m²
Volume, LiDAR
1,375 m³
Parcel 33021E0556/00W000, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwstraat 23, 8970 Poperinge
Computing infrastructure, data processing, hosting and other information service activities
since 19562.006.293.263
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33021E0556/00W000 Flanders 318 m² 1 · 203 m² 12.8 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 to 2025 · 6 entries · 8,350 EUR awarded · 6,005 EUR paid
Year Entries awardedpaid
2025 2 0 EUR3,518 EUR
2023 2 7,363 EUR1,500 EUR
2022 2 987 EUR987 EUR
Schemes
Ecologiepremie+
3 entries · 5,863 EUR · 3,518 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,671 EUR · 1,671 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams opleidingsverlof (VOV)
1 entry · 816 EUR · 816 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 557 companies in sector 35150 we hold annual accounts for 225. 122 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded26-04-1965
Fiscal year end31-12
Activities, NACEBEL
35150Electricity, gas, steam and air conditioning supply
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.