True Test
ActiveTrue Test has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €46k. Equity is growing by ~49.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency11▼-89
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96), and 98.3% 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 risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2025Solvency, return and age of the figures
Solvency
1.7%
Return on assets
26.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 11165 sector peers (2025).
NBB · sector comparisonPosition among 11165 sector peers
Solvency
better than 20%
← weakest
strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
32 d early
2024
on the day
2023
15 d late
2022
47 d early
2021
27 d early
2020
31 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 98.1%
2024 · €160k
2020: €21k
2021: €45k
2022: €92k
2023: €128k
2024: €160k
2020 → 2025
Total assets
€176k▲ 9.8%
2024 · €160k
2020: €52k
2021: €75k
2022: €142k
2023: €140k
2024: €160k
2020 → 2025
Net result
€46k▲ 44.9%
2024 · €32k
2020: €18k
2021: €24k
2022: €48k
2023: €36k
2024: €32k
2020 → 2025
Working capital
€-6k
2024 · €148k
2020: €3k
2021: €34k
2022: €82k
2023: €125k
2024: €148k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€92k▲ 104%€128k▲ 39.5%€160k▲ 25.0%€3k▼ 98.1%
Operating result€35k-€67k▲ 92.1%€55k▼ 17.7%€44k▼ 20.5%€59k▲ 34.6%
Net result€24k-€48k▲ 95.5%€36k▼ 24.0%€32k▼ 11.8%€46k▲ 44.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 35% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets
€9k▼ 18.1%
Current assets
€166k▲ 11.9%
Equity and liabilities €176k
Equity
€3k▼ 98.1%
Debt
€173k▲ 39,918%
The debt ratio rises from 0.3% to 98.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€61k▲
2024 · €46k
Cash flow
€48k▲
2024 · €35k
Solvency
1.7%▼
2024 · 99.7%
Current ratio
0.96
Quick ratio
0.96
Debt / equity
57.58▲
2024 · 0.00
ROA
26.3%▲
2024 · 19.9%
Interest coverage
1502.81▲
2024 · 1062.31
Debt
€173k▲
2024 · €432
Debt ≤ 1 year
€173k▲
2024 · €432
Income taxes
€12k▲
2024 · €12k
A ratio outside any meaningful range has been withheld (balance sheet total €176k, equity €3k).
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€160k€176k▲
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€11k€9k▼
Plant, machinery and equipment23€934-
Other tangible fixed assets26€10k€9k▼
Current assets29/58€149k€166k▲
Amounts receivable within one year40/41€3k€13k▲
Trade receivables40-€9k
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€144k€151k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€160k€176k▲
Equity10/15€160k€3k▼
Contributions10/11€3k€3k=
Reserves13€125k-
Distributable reserves133€125k-
Profit (loss) carried forward14€32k-
Amounts payable17/49€432€173k▲
Amounts payable within one year42/48€432€173k▲
Trade debts44€432€423▼
Suppliers440/4€432€423▼
Other amounts payable47/48-€172k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€149€199▲
Gross operating margin9900€46k€61k▲
Operating profit (loss)9901€44k€59k▲
Financial charges65/66B€44€45▲
Recurring financial charges65€44€40▼
Non-recurring financial charges66B-€5
Profit (loss) for the period before taxes9903€44k€59k▲
Income taxes67/77€12k€12k▲
Profit (loss) for the period9904€32k€46k▲
Profit (loss) for the period to be appropriated9905€32k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€78k▲
Profit (loss) brought forward from the previous period14P-€32k
Transfer from equity791/2-€125k
Profit to be distributed694/7-€203k
Return on contributions (dividend)694-€203k
The notes to these accounts (4 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 30current ratio 344.82
Current ratio from 11.64 to 344.82; short-term debt falls from €12k to €432.
31-12
Financial
Equity above €150kEq €160k ▲25%
5 profitable years in a row build equity to €160k.
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 11.64
Current ratio from 2.64 to 11.64; short-term debt falls from €50k to €12k.
31-12
Financial
Equity above €100kEq €128k ▲39.5%
4 profitable years in a row build equity to €128k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €48k ▲95.5%
Operating result €67k, net result €48k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Tervuren · 1 establishment unit since 2020
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.
Veldlaan 133080 TervurenGround area
527 m²
Building footprint
96 m²
Volume, LiDAR
522 m³
Parcel 24104B0017/00H002, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRUE TEST
since 20202.299.849.808
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24104B0017/00H002 | Flanders | 527 m² | 1 · 96 m² | 6.4 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.
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Of 2,120 companies in sector 46500 we hold annual accounts for 1,400. 204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2020
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
62010Computer programming, consultancy and related activities
62020IT consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.