The 2022 accounts came latest: 31 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0739882148
Company renamed from DEPUYDT PLAS CONSULTING to Trust Based
Resignation: Name after signing inVisible after signing in (director) · Director discharge: Name hiddenVisible after signing in · General meeting of 21-12-2022 · Gazette deed
Incorporation
Founding capital of €5,000, 1,000 shares · Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Appointments: Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 24-12-2019 · Gazette deed
First establishment
Brouwerij Loriersstraat 1, Hoegaarden
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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