Skip to content

TRUE POINT

Active
Private limited companyfounded 2025active for 1 yearClos de la Caranda 17, 1410 Waterloo, BelgiumKBO/BCE: BE 1019.764.364

Financials · financial year 2025, micro format

2025 annual accounts filed 19 days after the deadline Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425259.

Annual accounts 2025 filed on 19-08-2026 at the NBB

Turnover
≈ €90,000
Estimated: probably between €59,000 and €120,000
Total assets
€76,326
Net result
€24,912
Working capital
€27,912

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €76,326
Equity €27,912
Debt €48,414
Debt's share of the balance-sheet total is 63.4%.
Key figures and ratios
2025 value
Current ratio
1.58
Debt to equity
1.73
ROE
89.3%
ROA
32.6%
Debt ≤ 1 year
€48,414
Income taxes
€6,594

Investments

fixed assets acquired
Item2025
Financial fixed assets€0

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€76,326
Current assets29/58€76,326
Amounts receivable within one year40/41€33,259
Trade receivables40€33,259
Cash at bank and in hand54/58€43,067
Equity and liabilities
Total equity and liabilities10/49€76,326
Equity10/15€27,912
Contributions10/11€3,000
Profit (loss) carried forward14€24,912
Amounts payable17/49€48,414
Amounts payable within one year42/48€48,414
Trade debts44€14,810
Suppliers440/4€14,810
Taxes, remuneration and social security45€23,786
Taxes450/3€23,786
Other amounts payable47/48€9,818
Income statement Code2025
Gross operating margin9900€31,511
Operating profit (loss)9901€31,511
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903€31,506
Income taxes67/77€6,594
Profit (loss) for the period9904€24,912
Profit (loss) for the period to be appropriated9905€24,912
Appropriation of the result
Profit (loss) to be appropriated9906€24,912

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-08-2026.

Line2025
Gross operating margin9900€31,511
Operating profit (loss)9901€31,511
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903€31,506
Income taxes67/77€6,594
Profit (loss) for the period9904€24,912
Profit (loss) for the period to be appropriated9905€24,912
Line2025
Assets
Total assets20/58€76,326
Current assets29/58€76,326
Amounts receivable within one year40/41€33,259
Trade receivables40€33,259
Cash at bank and in hand54/58€43,067
Equity and liabilities
Total equity and liabilities10/49€76,326
Equity10/15€27,912
Contributions10/11€3,000
Profit (loss) carried forward14€24,912
Amounts payable17/49€48,414
Amounts payable within one year42/48€48,414
Trade debts44€14,810
Suppliers440/4€14,810
Taxes, remuneration and social security45€23,786
Taxes450/3€23,786
Other amounts payable47/48€9,818
Line2025
Profit (loss) for the period9904€24,912
Operating cash flow (approximation)€24,912

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 11,279 companies had the same profile as TRUE POINT has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of TRUE POINT itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 11,279 companies, not a prediction for TRUE POINT. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-08-2026 2026-00425259 PDF

Next steps