TRUSS CONSTRUCT
ActiveSummary
TRUSS CONSTRUCT has been active since 2013 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry. The 2025 annual accounts show negative equity (-€24,980) and a net result of €2,854. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 2,480 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-12-2013 Normal situation
- Activity
- Specialised image, lighting and sound technical services NACE 90393and 1 other
- Establishment unit
- 2.224.760.920 1500 Halle, since 27-11-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €27,765
- ▲ 96.3%
- Turnover
- ≈ €79,000
- estimated
- Profit
- €2,854
- Equity
- -€24,980
- ▲ 10.3%
- Total assets
- €46,689
- ▼ 15.6%
- Negative equity on 31-12-2025
- 2025 accounts filed 24 days after the deadline
Score breakdownraises riskCapped at 59: negative equityEx-officio strike-off in the KBONegative equity -€24,980lowers riskSize: total assets €46,689Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 6% of them on solvency, 17% on liquidity, 57% on profitability and 60% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 72 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00417093.
Annual accounts 2025 filed on 24-08-2026 at the NBB all 12 filings
Every figure per financial year
The operating result for 2025 is a profit of €3,689, after a loss of €10,449 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €22,476 | €14,891 | €24,323 | €8,884 | €8,734 |
| Depreciation and write-downs of the year | €18,063 | €21,420 | €25,907 | €22,513 | €22,511 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,000 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,981 | €28,921 | €28,086 | €18,063 | €21,420 | €25,907 | €22,513 | €22,511 | = |
| Other operating charges640/8 | - | - | - | €1,562 | €1,717 | €1,083 | €2,079 | €1,564 | ▼ 24.8% |
| Non-recurring operating charges66A | - | - | - | - | €318 | €0 | - | - | - |
| Gross operating margin9900 | €34,665 | €23,993 | -€3,548 | €28,169 | €31,734 | €48,074 | €14,142 | €27,765 | ▲ 96.3% |
| Operating profit (loss)9901 | €3,168 | -€7,506 | -€32,419 | €8,545 | €8,279 | €21,084 | -€10,449 | €3,689 | - |
| Financial income75/76B | - | - | - | - | €221 | €38 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €10 | €0 | - | €221 | €38 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €521 | €337 | €1,821 | €413 | €606 | ▲ 46.8% |
| Recurring financial charges65 | €1,212 | €912 | €935 | €521 | €337 | €1,821 | €413 | €606 | ▲ 46.8% |
| Profit (loss) for the period before taxes9903 | €1,956 | -€8,408 | -€33,354 | €8,024 | €8,163 | €19,301 | -€10,862 | €3,083 | - |
| Income taxes67/77 | €448 | €162 | €116 | €148 | €165 | €184 | €197 | €229 | ▲ 16.3% |
| Profit (loss) for the period9904 | €1,507 | -€8,570 | -€33,471 | €7,875 | €7,998 | €19,117 | -€11,059 | €2,854 | - |
| Profit (loss) for the period to be appropriated9905 | €1,507 | -€8,570 | -€33,471 | €7,875 | €7,998 | €19,117 | -€11,059 | €2,854 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €132,337 | €101,980 | €78,056 | €75,688 | €80,789 | €86,488 | €55,323 | €46,689 | ▼ 15.6% |
| Fixed assets21/28 | €113,171 | €91,543 | €63,457 | €67,870 | €61,341 | €59,758 | €46,128 | €32,351 | ▼ 29.9% |
| Tangible fixed assets22/27 | €113,171 | €91,543 | €63,457 | €67,870 | €61,341 | €59,758 | €46,128 | €32,351 | ▼ 29.9% |
| Plant, machinery and equipment23 | - | - | - | €67,870 | €59,648 | €58,731 | €45,769 | €26,217 | ▼ 42.7% |
| Furniture and vehicles24 | - | - | - | - | €1,693 | €1,026 | €360 | €6,134 | ▲ 17× |
| Current assets29/58 | €19,167 | €10,437 | €14,599 | €7,818 | €19,448 | €26,730 | €9,194 | €14,338 | ▲ 55.9% |
| Amounts receivable within one year40/41 | €19,006 | €10,287 | €14,333 | €7,601 | €17,418 | €23,820 | €5,606 | €10,878 | ▲ 94.0% |
| Trade receivables40 | - | - | - | €4,786 | €14,455 | €19,930 | €3,490 | €10,475 | ▲ 200% |
| Other amounts receivable41 | - | - | - | €2,815 | €2,963 | €3,890 | €2,116 | €404 | ▼ 80.9% |
| Cash at bank and in hand54/58 | - | - | - | - | - | €1,242 | €3,005 | €1,093 | ▼ 63.6% |
| Deferred charges and accrued income490/1 | - | - | - | €217 | €2,029 | €1,668 | €583 | €2,367 | ▲ 306% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €132,337 | €101,980 | €78,056 | €75,688 | €80,789 | €86,488 | €55,323 | €46,689 | ▼ 15.6% |
| Equity10/15 | -€1,107 | -€9,677 | -€43,148 | -€35,272 | -€27,274 | -€8,157 | -€27,833 | -€24,980 | ▲ 10.3% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €0 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €0 | - | - | - |
| Profit (loss) carried forward14 | -€23,107 | -€31,677 | -€65,148 | -€57,272 | -€49,274 | -€28,157 | -€47,833 | -€44,980 | ▲ 6.0% |
| Amounts payable17/49 | €133,444 | €111,657 | €121,204 | €110,960 | €108,063 | €94,645 | €83,156 | €71,669 | ▼ 13.8% |
| Amounts payable after more than one year17 | €100,152 | €84,125 | €80,000 | €80,000 | €75,000 | €68,500 | €54,600 | €49,600 | ▼ 9.2% |
| Financial debts170/4 | - | - | - | €80,000 | €75,000 | €68,500 | €54,600 | €49,600 | ▼ 9.2% |
| Amounts payable within one year42/48 | €33,292 | €27,532 | €41,204 | €30,960 | €33,063 | €26,145 | €28,556 | €22,069 | ▼ 22.7% |
| Financial debts43 | - | - | - | €2,211 | €5,367 | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | €2,211 | €5,367 | €0 | - | - | - |
| Trade debts44 | €3,944 | €6,175 | €10,659 | €7,268 | €6,799 | €6,693 | €9,713 | €9,290 | ▼ 4.4% |
| Suppliers440/4 | - | - | - | €7,268 | €6,799 | €6,693 | €9,713 | €9,290 | ▼ 4.4% |
| Taxes, remuneration and social security45 | - | - | - | €2,354 | €3,335 | €3,353 | €3,946 | €2,540 | ▼ 35.6% |
| Taxes450/3 | - | - | - | €854 | €1,835 | €1,653 | €2,246 | €840 | ▼ 62.6% |
| Remuneration and social security454/9 | - | - | - | €1,500 | €1,500 | €1,700 | €1,700 | €1,700 | = |
| Other amounts payable47/48 | - | - | - | €19,127 | €17,561 | €16,100 | €14,898 | €10,239 | ▼ 31.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,507 | -€8,570 | -€33,471 | €7,875 | €7,998 | €19,117 | -€11,059 | €2,854 | - |
| + Depreciation and write-downs630 | €30,981 | €28,921 | €28,086 | €18,063 | €21,420 | €25,907 | €22,513 | €22,511 | = |
| Operating cash flow (approximation) | €32,488 | €20,350 | -€5,385 | €25,939 | €29,418 | €45,024 | €11,454 | €25,365 | ▲ 121% |
| Investment in fixed assets (approximation) | - | -€7,293 | €0 | -€22,476 | -€14,891 | -€24,323 | -€8,884 | -€8,734 | ▲ 1.7% |
| Change in cash | - | - | - | - | - | - | €1,762 | -€1,912 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,632 companies had the same profile as TRUSS CONSTRUCT has now. Two years later, 91.8% were still going and 2.9% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TRUSS CONSTRUCT itself: 0.7% 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.
| 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 3,632 companies, not a prediction for TRUSS CONSTRUCT. 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.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00417093 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00430967 | |
| 31-12-2023 | micro format | 23-09-2024 | 2024-00467672 | |
| 31-12-2022 | micro format | 05-03-2024 | 2024-00038870 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20399328 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56700433 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-72900487 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-51800419 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-42200186 | |
| 31-12-2016 | micro format | 14-07-2017 | 2017-32100033 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 08-02-2024 Capital stated in the deed · 100 shares
Network & group
TRUSS CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of TRUSS CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-02
Gazette deed
Registered office moved to Sint-Pieters-LeeuwNew seat: 1600 Sint-Pieters-Leeuw, Pijnbroekstraat 47 · Resignation: VANCUTSEM,Wouter (director) · Reappointment: VANCUTSEM,Wouter (director)10 points ▸
- General meeting, 23-01-2024
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “middelen beschikbaar voor uitkering, Tweede besluit” (deed in Dutch)
- Capital
- Power of attorney, Hans VEREEKEN
- Power of attorney
- Director resignation, VANCUTSEM,Wouter (director)
- Director reappointment, VANCUTSEM,Wouter (director)
- Director discharge, VANCUTSEM,Wouter
- Registered-office move, 1600 Sint-Pieters-Leeuw,Pijnbroekstraat 47
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
25 activities
- Verhuren,verkopen en op- en afbouwen van Truss
- Verhuren,verkopen en op- en afbouwen van licht- en geluidsintallaties
- Evenementsupport
- Animatie van alle aard
- Verhuur van materiaal ten behoeve van de veiligheid tijdens evenementen
- Vertoning van bioscoopfilms en videobanden in bioscopen,in de open lucht of op andere plaatsen waar filmvoorstellingen mogelijk zijn
- Activiteiten van managers van artiesten,sportlui en overige bekende personaliteiten
- Organisatie en ondersteuning van congressen en beurzen
- Overige zakelijke dienstverlening
- Bieden van overig amusement,circussen,poppentheaters,rodeo’s,klank-en lichtspelen,kinderanimaties,enzovoort
- Overige activiteiten in verband met recreatie
- Ontwerp en bouw van podia,podia met overdekkingen,activiteiten in verband met gespecialiseerde beeld-,verlichtings- en geluidstechnieken en overige ondersteunende activiteiten voor de uitvoerende kunsten
- Overige installaties (inclusief accessoires)
- Alle andere theater,theatertechnisch,evenement,concert- en decor-gerelateerde activiteiten zoals onder andere:
- Studie,advies,opbouw en/of installatie van alle theater- en showtechnische installaties
- Technische assistentie en/of advies bij alle producties en evenementen
- Theatertechnieken
- Verkoop van theater en theatertechnische materialen
- Rigging
- Advies en assistentie bij alle soorten producties
- Verkoop van podia,podia-overdekkingen en alle daaraan gerelateerde toebehoren,al dan niet van elektrotechnische aard
- Beheer en aan- en verkoop van residentiële gebouwen en overig onroerend goed,als investering.
- Het aankopen,verkopen,huren,verhuren,leasen,overdragen of ruilen en beheren en leveren van roerende goederen en onroerende goederen die rechtstreeks of onrechtstreeks met voormelde dienstverlening te maken hebben of die nuttig zijn voor de organisatie,begeleiding en reorganisatie van ondernemingen;
- Het voor eigen rekening in België of in het buitenland verwerven,beheren en beleggen van onroerend vermogen en al wat er mee verband houdt zoals het onderhouden,de ontwikkeling,de renovatie,het bouwen en verbouwen,het verhuren en leasen,de huurkoop,de financiële en operationele leasing,sale-and-lease-back,de financiering in het algemeen,evenals het verkavelen,de aankoop en de verkoop van deze goederen;
- Het organiseren en het verwerken voor haar huurders van alle administratie in haar ruimste betekenis,voor zover dit rechtstreeks of onrechtstreeks verband houdt met de activiteiten van haar huurders;
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23583H1040/00B000 | Flanders | 541 m² | 1 · 94 m² | 2.5 m |