Losses
-€49,885 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
TRUE.be
Lifetime
10 annual accounts with figures on one time axispeak €6,167 (2019)
-€1,664▲ €3,569
lowest -€142,980 (2018)
-€2,268▲ €4,002
peak €268,162 (2021)
€218,277▼ 1.0%
€313,259▼ 0.4%
Board9 names since 2015
3 directors and 2 others
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Gross margin from -€5,233 to -€1,664Loss of €2,268
Key points
from the 2025 annual accountsFilings
10 annual accounts 5 late
The 2020 accounts came latest: 61 days after the end of the period.
At the same address
7 companies
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,689 companies had the same profile as TRUE.be has now. Each dot stands for 7 companies, two years later.
93.6%
were still trading
5.5%
stopped another way
0.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,689 companies, not a prediction for TRUE.be. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved from Antwerp to Baarle-Drongen
New registered office: Gaverlandstraat 47, 9031 Baarle-Drongen · Previous registered office: Amerikalei 15, 2000 Antwerpen · Board meeting of 01-08-2022 · Gazette deed
3 directors reappointed
, (chair of the board) and (managing director) · Permanent representatives: , and · General meeting of 02-06-2021 · Gazette deed
1 director appointed, 2 resignations
Resignations: (managing director) and (chair of the board) · Permanent representatives: , and · Appointment: (chair of the board) · Board meeting of 27-03-2017 · Gazette deed
Capital increase of €15,375 to €76,875
Capital from €61,500 to €76,875, 1,538 new shares · Appointments: (director) and (class C director) · Permanent representatives: and · Gazette deed
Official details
Source: KBO- Status
- Active since 24-02-2015Normal situation
- Activity
- “Alle activiteiten op gebied van management,consulting,adviesverlening en administratie in het algemeen in het kader…” (deed in Dutch)From the articles, 18 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.240.248.8509031 Ghent, since 24-02-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €531,536▼ 0.6%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on TRUE.be
TRUE.be files the micro format. That format states no turnover. The gross margin rose from -€9,741 in 2016 to -€1,664 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TRUE.be
- What is the company number of TRUE.be?
- The company number of TRUE.be is 0599.765.846. The VAT number is the same number with BE in front: BE 0599.765.846.
- Where is TRUE.be based?
- The registered office is at Gaverlandstraat 47, 9031 Ghent.Company details
- What is the legal form of TRUE.be?
- TRUE.be is a public limited company (NV).
- When was TRUE.be founded?
- TRUE.be was founded on 24-02-2015.
- Is TRUE.be still active?
- Yes, TRUE.be is an active enterprise in the KBO register.
- What is the turnover of TRUE.be?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is TRUE.be profitable?
- In financial year 2025, TRUE.be made a loss of €2,268.
- Where can I find the annual accounts of TRUE.be?
- TRUE.be filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TRUE.be due?
- TRUE.be must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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