TRUST COMPONENTS

Active

Private limited companyfounded 20188 yrs activeRue du Trou du Sart, ZI, Nov. 5, 5380 Fernelmont, BelgiumKBO/BCE: BE 0697.763.758

Summary

The annual accounts of TRUST COMPONENTS for fiscal year 2025 show a net loss of 92% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-108k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 18400 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysis Watch Report Compare

TRUST COMPONENTSActiveChecked score 44/100

Risk analysis Report Compare

Checked score

Score 2025

44 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability25▼-54

Solvency26▼-10

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.03 against 1.82 in 2024; short-term debt: 30.5% and cash: 2.2% of total assets), and 99.3% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Retail trade (NACE 47)

about 45% more bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18400 sector peers (2025).

NBB · sector comparison

Position among 18400 sector peers

Solvency

better than 23%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-05-2026, 77 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

77 d early

2024

29 d early

2023

20 d late

2022

on the day

2021

31 d late

2020

3 d early

2019

on the day

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€9k▼ 91.9%

2024 · €117k

2019: €-23klowest in 7 years 2020: €-5k▲ +75.8% vs 2019 2021: €18k▲ +429% vs 2020 2022: €401▼ -97.8% vs 2021 2023: €31k▲ +7729% vs 2022 2024: €117k▲ +273% vs 2023highest in 7 years 2025: €9k▼ -91.9% vs 2024

2019 → 2025

Total assets

€1.45M▲ 37.4%

2024 · €1.05M

2019: €73klowest in 7 years 2020: €265k▲ +263% vs 2019 2021: €431k▲ +62.7% vs 2020 2022: €703k▲ +62.9% vs 2021 2023: €1.03M▲ +46.0% vs 2022 2024: €1.05M▲ +2.7% vs 2023 2025: €1.45M▲ +37.4% vs 2024highest in 7 years

2019 → 2025

Net result

€-108k

2024 · €86k

2019: €-29k 2020: €17k▲ +159% vs 2019 2021: €11k▼ -35.6% vs 2020 2022: €-18k▼ -259% vs 2021 2023: €31k▲ +277% vs 2022 2024: €86k▲ +177% vs 2023highest in 7 years 2025: €-108k▼ -226% vs 2024lowest in 7 years

2019 → 2025

Working capital

€15k▼ 94.6%

2024 · €270k

2019: €4k 2020: €-61k▼ -1618% vs 2019 2021: €22k▲ +137% vs 2020 2022: €-172▼ -101% vs 2021 2023: €-204k▼ -118402% vs 2022lowest in 7 years 2024: €270k▲ +232% vs 2023highest in 7 years 2025: €15k▼ -94.6% vs 2024

2019 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€18k-€401▼ 97.8%€31k▲ 7,729%€117k▲ 273%€9k▼ 91.9% 2021: €18k 2022: €401▼ -97.8% vs 2021lowest in 5 years 2023: €31k▲ +7729% vs 2022 2024: €117k▲ +273% vs 2023highest in 5 years 2025: €9k▼ -91.9% vs 2024

Operating result€22k-€-7k€34k€146k▲ 330%€-66k 2021: €22k 2022: €-7k▼ -133% vs 2021 2023: €34k▲ +571% vs 2022 2024: €146k▲ +330% vs 2023highest in 5 years 2025: €-66k▼ -145% vs 2024lowest in 5 years

Net result€11k-€-18k€31k€86k▲ 177%€-108k 2021: €11k 2022: €-18k▼ -259% vs 2021 2023: €31k▲ +277% vs 2022 2024: €86k▲ +177% vs 2023highest in 5 years 2025: €-108k▼ -226% vs 2024lowest in 5 years

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €66k after €146k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.45M

68.5%

31.5%

Fixed assets €991k ▲ 119%

Current assets €456k ▼ 24.1%

Equity and liabilities €1.45M

99.3%

Equity €9k ▼ 91.9%

Debt €1.44M ▲ 53.6%

Debt's share of the balance-sheet total rises from 88.9% to 99.3%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€79k▼

2024 · €262k

Cash flow

€37k▼

2024 · €202k

Current ratio

1.03▼

2024 · 1.82

Quick ratio

0.38▼

2024 · 0.64

ROA

-7.5%▼

2024 · 8.2%

Interest coverage

1.90▼

2024 · 12.57

Debt ≤ 1 year

€441k▲

2024 · €331k

Debt > 1 year

€982k▲

2024 · €599k

Staff costs

€150k▲

2024 · €96k

A ratio outside any meaningful range has been withheld (balance sheet total €1.45M, equity €9k).

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines

Balance sheet Code20242025

Assets

Total assets20/58€1.05M€1.45M▲

Fixed assets21/28€452k€991k▲

Intangible fixed assets21€290€205▼

Tangible fixed assets22/27€452k€990k▲

Land and buildings22-€610k

Plant, machinery and equipment23€205k€175k▼

Furniture and vehicles24€1k€726▼

Leasing and similar rights25€245k€205k▼

Financial fixed assets28€335€175▼

Current assets29/58€601k€456k▼

Stocks and contracts in progress3€389k€288k▼

Stocks30/36€389k€288k▼

Amounts receivable within one year40/41€89k€125k▲

Trade receivables40€51k€97k▲

Other amounts receivable41€38k€28k▼

Cash at bank and in hand54/58€115k€31k▼

Deferred charges and accrued income490/1€7k€12k▲

Equity and liabilities

Total equity and liabilities10/49€1.05M€1.45M▲

Equity10/15€117k€9k▼

Contributions10/11€19k€19k=

Reserves13€99k-

Distributable reserves133€99k-

Profit (loss) carried forward14-€-9k

Amounts payable17/49€936k€1.44M▲

Amounts payable after more than one year17€599k€982k▲

Financial debts170/4€463k€897k▲

Other amounts payable178/9€136k€85k▼

Amounts payable within one year42/48€331k€441k▲

Current portion of amounts payable after more than one year42€102k€149k▲

Trade debts44€89k€147k▲

Suppliers440/4€89k€147k▲

Taxes, remuneration and social security45€39k€57k▲

Taxes450/3€32k€34k▲

Remuneration and social security454/9€7k€23k▲

Other amounts payable47/48€101k€89k▼

Accrued charges and deferred income492/3€5k€14k▲

Income statement Code20242025

Non-recurring operating income76A€40k-

Remuneration, social security and pensions62€96k€150k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€145k▲

Other operating charges640/8€6k€9k▲

Gross operating margin9900€364k€239k▼

Operating profit (loss)9901€146k€-66k▼

Financial income75/76B€4k€4k▼

Recurring financial income75€3k€3k▲

Non-recurring financial income76B€1k€394▼

Financial charges65/66B€35k€46k▲

Recurring financial charges65€21k€42k▲

Non-recurring financial charges66B€14k€4k▼

Profit (loss) for the period before taxes9903€115k€-108k▼

Income taxes67/77€29k-

Profit (loss) for the period9904€86k€-108k▼

Profit (loss) for the period to be appropriated9905€86k€-108k▼

Appropriation of the result

Profit (loss) to be appropriated9906€86k€-108k▼

Transfer from equity791/2-€99k

Transfer to equity691/2€86k-

To other reserves6921€86k-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	-	-	-	€40k	-	-
Remuneration, social security and pensions62	€33k	€78k	€82k	€96k	€150k	▲ 56.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€46k	€68k	€130k	€116k	€145k	▲ 25.2%
Other operating charges640/8	€1k	€2k	€5k	€6k	€9k	▲ 47.3%
Gross operating margin9900	€103k	€141k	€252k	€364k	€239k	▼ 34.5%
Operating profit (loss)9901	€22k	€-7k	€34k	€146k	€-66k	▼ 145%
Financial income75/76B	€1k	€6k	€18k	€4k	€4k	▼ 2.8%
Recurring financial income75	€1k	€3k	€2k	€3k	€3k	▲ 20.9%
Non-recurring financial income76B	-	€2k	€16k	€1k	€394	▼ 63.7%
Financial charges65/66B	€12k	€16k	€21k	€35k	€46k	▲ 29.8%
Recurring financial charges65	€10k	€16k	€20k	€21k	€42k	▲ 100%
Non-recurring financial charges66B	€2k	-	€942	€14k	€4k	▼ 72.2%
Profit (loss) for the period before taxes9903	€11k	€-17k	€31k	€115k	€-108k	▼ 194%
Income taxes67/77	€129	€267	€281	€29k	-	-
Profit (loss) for the period9904	€11k	€-18k	€31k	€86k	€-108k	▼ 226%
Profit (loss) for the period to be appropriated9905	€11k	€-18k	€31k	€86k	€-108k	▼ 226%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€431k	€703k	€1.03M	€1.05M	€1.45M	▲ 37.4%
Fixed assets21/28	€257k	€426k	€633k	€452k	€991k	▲ 119%
Intangible fixed assets21	€817	€540	€375	€290	€205	▼ 29.3%
Tangible fixed assets22/27	€256k	€425k	€632k	€452k	€990k	▲ 119%
Land and buildings22	-	-	-	-	€610k	-
Plant, machinery and equipment23	€166k	€159k	€344k	€205k	€175k	▼ 14.7%
Furniture and vehicles24	€5k	€4k	€3k	€1k	€726	▼ 49.0%
Leasing and similar rights25	€84k	€262k	€286k	€245k	€205k	▼ 16.5%
Financial fixed assets28	€175	€175	€175	€335	€175	▼ 47.8%
Current assets29/58	€175k	€277k	€393k	€601k	€456k	▼ 24.1%
Stocks and contracts in progress3	€33k	€99k	€241k	€389k	€288k	▼ 26.0%
Stocks30/36	€33k	€99k	€241k	€389k	€288k	▼ 26.0%
Amounts receivable within one year40/41	€113k	€169k	€126k	€89k	€125k	▲ 40.2%
Trade receivables40	€96k	€126k	€97k	€51k	€97k	▲ 89.4%
Other amounts receivable41	€17k	€43k	€29k	€38k	€28k	▼ 26.0%
Cash at bank and in hand54/58	€26k	€6k	€23k	€115k	€31k	▼ 72.7%
Deferred charges and accrued income490/1	€2k	€2k	€4k	€7k	€12k	▲ 62.2%
Equity and liabilities
Total equity and liabilities10/49	€431k	€703k	€1.03M	€1.05M	€1.45M	▲ 37.4%
Equity10/15	€18k	€401	€31k	€117k	€9k	▼ 91.9%
Contributions10/11	€19k	€19k	€19k	€19k	€19k	=
Reserves13	-	-	€13k	€99k	-	-
Distributable reserves133	-	-	€13k	€99k	-	-
Profit (loss) carried forward14	€-641	€-18k	-	-	€-9k	-
Amounts payable17/49	€413k	€702k	€995k	€936k	€1.44M	▲ 53.6%
Amounts payable after more than one year17	€260k	€419k	€391k	€599k	€982k	▲ 63.8%
Financial debts170/4	€260k	€419k	€391k	€463k	€897k	▲ 93.5%
Other amounts payable178/9	-	-	-	€136k	€85k	▼ 37.5%
Amounts payable within one year42/48	€152k	€277k	€597k	€331k	€441k	▲ 33.4%
Current portion of amounts payable after more than one year42	€41k	€82k	€92k	€102k	€149k	▲ 45.3%
Trade debts44	€20k	€98k	€404k	€89k	€147k	▲ 65.5%
Suppliers440/4	€20k	€98k	€404k	€89k	€147k	▲ 65.5%
Taxes, remuneration and social security45	€20k	€16k	€20k	€39k	€57k	▲ 45.3%
Taxes450/3	€2k	€3k	€5k	€32k	€34k	▲ 6.3%
Remuneration and social security454/9	€18k	€13k	€15k	€7k	€23k	▲ 218%
Other amounts payable47/48	€72k	€82k	€82k	€101k	€89k	▼ 11.8%
Accrued charges and deferred income492/3	€860	€6k	€7k	€5k	€14k	▲ 156%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€11k	€-18k	€31k	€86k	€-108k	▼ 226%
+ Depreciation and write-downs630	€46k	€68k	€130k	€116k	€145k	▲ 25.2%
Operating cash flow (approximation)	€57k	€50k	€161k	€202k	€37k	▼ 81.5%
Investment in fixed assets (approximation)	-	€-237k	€-337k	€65k	€-683k	▼ 1,158%
Change in cash	-	€-20k	€17k	€93k	€-84k	▼ 190%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 13Financial 6Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

15-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-108k

Net result drops to €-108k, the lowest in the series.

02-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2019net €86k ▲177%

Operating result €146k, net result €86k, both a record.

31-12

Financial Liquidity triplescurrent ratio 1.82

Current ratio from 0.66 to 1.82; short-term debt falls from €597k to €331k.

31-12

Financial Equity above €100kEq €117k ▲273%

2 profitable years in a row build equity to €117k.

20-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 20 days late

2023

31-12

Financial Back to profitnet €31k

Net result €31k after one loss-making year.

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

28-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €17k

Net result €17k after one loss-making year.

31-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 5 acts read

About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

5 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, Fernelmont · 1 establishment unit since 2018

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.

Rue du Trou du Sart, ZI, Nov. 55380 Fernelmont

1 establishment unit

ERASE Components

Rue du Trou du Sart, ZI, Nov. 5, 5380 FernelmontManufacture of fabricated metal products, except machinery and equipment

since 20182.280.940.746

Similar companies · same sector, comparable size

Oud-Turnhout · Eq €9,689

JNF

BE 0719.926.674

Villers-la-Ville · Eq €9,970

Of 1,468 companies in sector 47632 we hold annual accounts for 733. 226 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded08-06-2018

Fiscal year end31-12

Activities, NACEBEL 2025

30920Manufacture of other transport equipment

47632Retail sale of bicycles

Contact

E-mail info@erasecomponents.comFernelmont

Phone 0479/809.600Fernelmont

Scores and ratios are computed by Checked and are not a credit decision.