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Trust Based

Active Private limited companyfounded 2019active for 6 yearsBrouwerij Loriersstraat 1, 3320 HoegaardenKBO/BCE: BE 0739.882.148

Lifetime

6 annual accounts with figures on one time axis
peak €29,180 (2024)
€12,439▼ 57.4%
lowest -€21,385 (2023)
€5,359▼ 69.7%
peak €28,943 (2021)
€21,336▲ 33.5%
€163,748▼ 0.7%
Board2 names since 2019
1 director
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Gross margin from €29,180 to €12,439Result from €17,682 to €5,359Equity from €15,978 to €21,336

Key points

from the 2025 annual accounts

Turnover

≈ €78,000 estimated

The accounts state no turnover.

Debts

€163,748 88% of the balance sheet
Suppliers 3%Taxes and wages 8%Other 89%

Filings

6 annual accounts 6 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,274 companies had the same profile as Trust Based has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 3,274 companies, not a prediction for Trust Based. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • founderdeed of 24-12-2019
  • founderdeed of 24-12-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0739882148
Company renamed from DEPUYDT PLAS CONSULTING to Trust Based Resignation: (director) · Director discharge: · General meeting of 21-12-2022 · Gazette deed
Incorporation Founding capital of €5,000, 1,000 shares · Founders: and · Appointments: (director) and (director) · published on 24-12-2019 · Gazette deed
First establishment Brouwerij Loriersstraat 1, Hoegaarden
All 12 events

Comparable companies

same main activity, similar in size and age
Company
Trust Based Hoegaarden €185,084 €12,439 11.5% -
VITRUVIAN PLAYER Uccle €177,667 €12,067 7.2% -
Puur Groep Genk €169,954 €13,245 24.4% -
DDD Holding Maasmechelen €197,185 €13,475 61.2% 0
MG Management Malle €214,508 €16,528 10.8% -
Caro Technology Deinze €163,117 €10,908 -31.8% 0.5
EUROPEAN UTILITIES TELECOM COUNCIL Brussels €184,321 €8,457 68.9% -

These companies have the same main activity as Trust Based: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €163,000 and €215,000, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 20-12-2019Normal situation
Registered office
11 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Public relations and communication consultancyNACE 73300and 4 others
Establishment unit
2.297.682.9463320 Hoegaarden, since 20-12-2019
Financial year end
31 December
Peppol
Reachable since 12-12-2025
Company details

Annual accounts 2025

€185,084▲ 2.3%
Filing
Filed on 11-08-2026
Financials

Insights on Trust Based

Trust Based files the abbreviated format. That format states no turnover. The gross margin fell from €19,136 in 2020 to €12,439 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 Trust Based

What is the company number of Trust Based?
The company number of Trust Based is 0739.882.148. The VAT number is the same number with BE in front: BE 0739.882.148.
Where is Trust Based based?
The registered office is at Brouwerij Loriersstraat 1, 3320 Hoegaarden.Company details
What does Trust Based do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of Trust Based?
Trust Based is a private limited company (BV).
When was Trust Based founded?
Trust Based was founded on 20-12-2019.
Is Trust Based still active?
Yes, Trust Based is an active enterprise in the KBO register.
What is the turnover of Trust Based?
The turnover in financial year 2025 is ≈ €78,000. This figure is estimated from the gross margin of €12,439 and 41 comparable companies (NACE 73300). It probably lies between €33,000 and €130,000. It is a rough estimate.Financials
Is Trust Based profitable?
In financial year 2025, Trust Based made a profit of €5,359.
Where can I find the annual accounts of Trust Based?
Trust Based filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Trust Based due?
Trust Based must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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