TRUDO
ActiveSummary
TRUDO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €144k and a net result of €30k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 41% of 227 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability74▲+1
Solvency44▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.04 in 2025; short-term debt: 29.7% and cash: 0.3% of total assets), and 81.4% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2026Solvency, return and age of the figures
Solvency
18.6%
Return on assets
3.8%
Age of the figures
8 mo
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €144k
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 29-06-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
63 d early
2025
88 d early
2024
10 d early
2023
on the day
2022
42 d early
2021
on the day
2020
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-01-2027 close31-08-2027 deadline
History
Financials · fiscal year 2026, abbreviated schema
Equity
€144k▲ 26.0%
2025 · €114k
Total assets
€772k▼ 6.0%
2025 · €822k
Net result
€30k▲ 1.6%
2025 · €29k
Working capital
€-224k▲ 4.9%
2025 · €-236k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€-5k€-55k▼ 942%€16k€41k▲ 158%€42k▲ 1.9%
Net result€-25k€-73k▼ 194%€226€29k▲ 12,798%€30k▲ 1.6%
Equity€158k▼ 13.6%€85k▼ 46.4%€85k▲ 0.3%€114k▲ 34.4%€144k▲ 26.0%
Total assets€1.07M▼ 6.1%€961k▼ 10.0%€877k▼ 8.7%€822k▼ 6.3%€772k▼ 6.0%
Debt€910k▼ 4.6%€876k▼ 3.7%€792k▼ 9.5%€708k▼ 10.7%€629k▼ 11.2%
Working capital€-206k▼ 32.3%€-333k▼ 61.7%€-369k▼ 10.7%€-236k▲ 36.0%€-224k▲ 4.9%
Staff (FTE)2▼ 20.0%3.3▲ 65.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 2% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €772k
Fixed assets
€767k ▼ 5.6%
Current assets
€5k ▼ 39.8%
Equity and liabilities €772k
Equity
€144k ▲ 26.0%
Debt
€629k ▼ 11.2%
Debt's share of the balance-sheet total falls from 86.1% to 81.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▼
2025 · €88k
Cash flow
€75k▼
2025 · €76k
Current ratio
0.02▼
2025 · 0.04
Debt to equity
4.37▼
2025 · 6.20
ROE
20.6%▼
2025 · 25.6%
ROA
3.8%▲
2025 · 3.6%
Interest coverage
7.07▼
2025 · 7.29
Debt ≤ 1 year
€230k▼
2025 · €245k
Debt > 1 year
€398k▼
2025 · €462k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €25k | €77k | €91 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €73k | €50k | €47k | €46k | ▼ 3.0% |
| Other operating charges640/8 | €11k | €10k | €34k | €8k | €10k | ▲ 19.9% |
| Gross operating margin9900 | €104k | €105k | €100k | €97k | €98k | ▲ 1.1% |
| Operating profit (loss)9901 | €-5k | €-55k | €16k | €41k | €42k | ▲ 1.9% |
| Financial income75/76B | €154 | €2 | - | - | - | - |
| Recurring financial income75 | €154 | €2 | - | - | - | - |
| Financial charges65/66B | €20k | €18k | €16k | €12k | €12k | ▲ 2.5% |
| Recurring financial charges65 | €20k | €18k | €16k | €12k | €12k | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €-25k | €-73k | €226 | €29k | €30k | ▲ 1.6% |
| Income taxes67/77 | €242 | - | - | - | - | - |
| Profit (loss) for the period9904 | €-25k | €-73k | €226 | €29k | €30k | ▲ 1.6% |
| Profit (loss) for the period to be appropriated9905 | €-25k | €-73k | €226 | €29k | €30k | ▲ 1.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.07M | €961k | €877k | €822k | €772k | ▼ 6.0% |
| Fixed assets21/28 | €1.01M | €937k | €859k | €813k | €767k | ▼ 5.6% |
| Tangible fixed assets22/27 | €1.01M | €936k | €859k | €812k | €767k | ▼ 5.6% |
| Land and buildings22 | €898k | €854k | €813k | €774k | €737k | ▼ 4.8% |
| Furniture and vehicles24 | €48k | €32k | €2k | €2k | €1k | ▼ 50.1% |
| Other tangible fixed assets26 | €63k | €50k | €43k | €36k | €29k | ▼ 19.8% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €59k | €24k | €18k | €9k | €5k | ▼ 39.8% |
| Stocks and contracts in progress3 | €49k | - | - | - | - | - |
| Stocks30/36 | €49k | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | €8k | - | €575 | €548 | ▼ 4.6% |
| Trade receivables40 | - | €8k | - | - | - | - |
| Other amounts receivable41 | - | - | - | €575 | €548 | ▼ 4.6% |
| Cash at bank and in hand54/58 | €2k | €8k | €16k | €6k | €3k | ▼ 56.4% |
| Deferred charges and accrued income490/1 | €9k | €9k | €2k | €3k | €2k | ▼ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.07M | €961k | €877k | €822k | €772k | ▼ 6.0% |
| Equity10/15 | €158k | €85k | €85k | €114k | €144k | ▲ 26.0% |
| Contributions10/11 | €66k | €66k | €66k | €66k | €66k | = |
| Capital10 | €66k | €66k | €66k | €66k | €66k | = |
| Issued capital100 | €66k | €66k | €66k | €66k | €66k | = |
| Reserves13 | €57k | €57k | €57k | €57k | €57k | = |
| Non-distributable reserves130/1 | €7k | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | €7k | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | €50k | €50k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €36k | €-38k | €-38k | €-8k | €21k | ▲ 351% |
| Amounts payable17/49 | €910k | €876k | €792k | €708k | €629k | ▼ 11.2% |
| Amounts payable after more than one year17 | €632k | €519k | €405k | €462k | €398k | ▼ 13.8% |
| Financial debts170/4 | €632k | €519k | €405k | €462k | €398k | ▼ 13.8% |
| Amounts payable within one year42/48 | €265k | €357k | €387k | €245k | €230k | ▼ 6.2% |
| Current portion of amounts payable after more than one year42 | €113k | €114k | €86k | €62k | €64k | ▲ 2.5% |
| Financial debts43 | €55k | €50k | - | - | - | - |
| Credit institutions430/8 | €55k | €50k | - | - | - | - |
| Trade debts44 | €42k | €88k | €22k | €21k | €22k | ▲ 2.0% |
| Suppliers440/4 | €42k | €88k | €22k | €21k | €22k | ▲ 2.0% |
| Taxes, remuneration and social security45 | €10k | €43k | €11k | - | - | - |
| Taxes450/3 | €10k | €33k | €11k | - | - | - |
| Remuneration and social security454/9 | - | €10k | €75 | - | - | - |
| Other amounts payable47/48 | €47k | €62k | €268k | €161k | €144k | ▼ 10.7% |
| Accrued charges and deferred income492/3 | €13k | - | - | €575 | €600 | ▲ 4.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-25k | €-73k | €226 | €29k | €30k | ▲ 1.6% |
| + Depreciation and write-downs630 | €73k | €73k | €50k | €47k | €46k | ▼ 3.0% |
| Operating cash flow (approximation) | €48k | €-169 | €50k | €76k | €75k | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | €-849 | €28k | €-970 | €0 | ▲ 100% |
| Change in cash | - | €6k | €8k | €-10k | €-3k | ▲ 67.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-01
Financial
Highest result since 2019net €30k ▲1.6%
Operating result €42k, net result €30k, both a record.
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-01
Financial
Equity above €100kEq €114k ▲34.4%
2 profitable years in a row build equity to €114k.
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Back to profitnet €226
Net result €226 after 2 loss-making years.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-01
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 14 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Namur · 1 establishment unit since 1984
Ground area
178 m²
Building footprint
55 m²
Volume, LiDAR
871 m³
Parcel 92094C0072/00C000, Wallonia · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SUPERDRY
since 19842.022.147.320
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C0072/00C000 | Wallonia | 178 m² | 1 · 55 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,213 companies in sector 47711 we hold annual accounts for 887. 683 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-01-1983
Fiscal year end31-01
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47715Retail trade
47721Retail sale of footwear
Scores and ratios are computed by Checked and are not a credit decision.