Trust1Team
ActiveSummary
Trust1Team has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,376 and a net result of -€19,660. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 26% of 484 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▲+14
Solvency40▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.51 against 1.23 in 2024; short-term debt: 49.5% and cash: 16.6% of total assets), and 84.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.1%
Return on assets
-3.9%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
112 d early
2023
8 d late
2022
61 d late
2021
120 d late
2020
485 d late
2019
107 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 87 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 9 August (4 of the last 5 filed years within 111 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€76,376▼ 20.5%
2024 · €96,035
Total assets
€505,918▼ 11.6%
2024 · €572,060
Net result
-€19,660
2024 · €9,954
Working capital
-€123,548
2024 · €63,910
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€29,883▲ 78.9%€15,461▼ 48.3%-€34,543€66,298-€10,311
Net result€16,154within the sector's middle half▲ 450%€5,188within the sector's middle half▼ 67.9%€737within the sector's middle half▼ 85.8%€9,954within the sector's middle half▲ 1,250%-€19,660below the sector's middle half
Equity€80,156within the sector's middle half▲ 25.2%€85,344within the sector's middle half▲ 6.5%€86,081within the sector's middle half▲ 0.9%€96,035within the sector's middle half▲ 11.6%€76,376within the sector's middle half▼ 20.5%
Total assets€613,431above the sector's middle half▲ 3.8%€584,469above the sector's middle half▼ 4.7%€540,094within the sector's middle half▼ 7.6%€572,060within the sector's middle half▲ 5.9%€505,918within the sector's middle half▼ 11.6%
Debt€533,274▲ 1.2%€499,125▼ 6.4%€454,012▼ 9.0%€476,025▲ 4.8%€429,543▼ 9.8%
Working capital-€32,566below the sector's middle half▲ 71.0%-€35,586below the sector's middle half▼ 9.3%€82,230within the sector's middle half€63,910within the sector's middle half▼ 22.3%-€123,548below the sector's middle half
Solvency13.1%below the sector's middle half▲ 2.2pp14.6%below the sector's middle half▲ 1.5pp15.9%within the sector's middle half▲ 1.3pp16.8%below the sector's middle half▲ 0.8pp15.1%within the sector's middle half▼ 1.7pp
Current ratio0.94below the sector's middle half▲ 0.150.93below the sector's middle half▼ 0.011.27within the sector's middle half▲ 0.341.23within the sector's middle half▼ 0.040.51below the sector's middle half▼ 0.72
Return on assets (ROA)2.6%within the sector's middle half▲ 2.1pp0.9%within the sector's middle half▼ 1.7pp0.1%within the sector's middle half▼ 0.8pp1.7%within the sector's middle half▲ 1.6pp-3.9%below the sector's middle half▼ 5.6pp
Staff (FTE)2.9▲ 3.6%2▼ 31.0%0.5below the sector's middle half▼ 75.0%0below the sector's middle half▼ 100%0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10,311 after €66,298 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €505,918
Fixed assets
€379,189 ▲ 68.3%
Current assets
€126,729 ▼ 63.5%
Equity and liabilities €505,918
Equity
€76,376 ▼ 20.5%
Debt
€429,543 ▼ 9.8%
Debt's share of the balance-sheet total rises from 83.2% to 84.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€44,973▼
2024 · €109,238
Cash flow
€35,624▼
2024 · €52,894
Debt to equity
5.62▲
2024 · 4.96
ROE
-25.7%▼
2024 · 10.4%
Interest coverage
4.40▲
2024 · 1.94
Debt ≤ 1 year
€250,277▼
2024 · €282,884
Income taxes
€0▼
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,423 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
1.0%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,423 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €108,365 | €143,622 | €39,562 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84,756 | €59,355 | €51,748 | €42,940 | €55,284 | ▲ 28.7% |
| Other operating charges640/8 | €111 | €332 | €14,371 | €767 | €3,859 | ▲ 403% |
| Non-recurring operating charges66A | - | - | €537 | €0 | €145,281 | - |
| Gross operating margin9900 | €223,115 | €218,769 | €71,676 | €110,005 | €194,113 | ▲ 76.5% |
| Operating profit (loss)9901 | €29,883 | €15,461 | -€34,543 | €66,298 | -€10,311 | ▼ 116% |
| Financial income75/76B | - | - | €73,607 | €62 | €878 | ▲ 1,325% |
| Recurring financial income75 | - | - | €73,607 | €62 | €878 | ▲ 1,325% |
| Financial charges65/66B | €5,115 | €5,273 | €19,629 | €56,405 | €10,227 | ▼ 81.9% |
| Recurring financial charges65 | €5,115 | €5,273 | €19,629 | €56,405 | €10,227 | ▼ 81.9% |
| Profit (loss) for the period before taxes9903 | €24,768 | €10,188 | €19,436 | €9,954 | -€19,660 | ▼ 297% |
| Income taxes67/77 | €8,615 | €5,000 | €18,698 | €0 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €16,154 | €5,188 | €737 | €9,954 | -€19,660 | ▼ 298% |
| Profit (loss) for the period to be appropriated9905 | €16,154 | €5,188 | €737 | €9,954 | -€19,660 | ▼ 298% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €613,431 | €584,469 | €540,094 | €572,060 | €505,918 | ▼ 11.6% |
| Fixed assets21/28 | €112,723 | €120,930 | €148,379 | €225,266 | €379,189 | ▲ 68.3% |
| Intangible fixed assets21 | €95,441 | €114,225 | €144,387 | €208,662 | €366,896 | ▲ 75.8% |
| Tangible fixed assets22/27 | €16,151 | €5,575 | €3,992 | €16,605 | €12,293 | ▼ 26.0% |
| Furniture and vehicles24 | €12,739 | €5,575 | €3,992 | €16,605 | €12,293 | ▼ 26.0% |
| Leasing and similar rights25 | €3,412 | - | - | - | - | - |
| Financial fixed assets28 | €1,130 | €1,130 | €0 | - | - | - |
| Current assets29/58 | €500,708 | €463,539 | €391,714 | €346,794 | €126,729 | ▼ 63.5% |
| Amounts receivable within one year40/41 | €490,531 | €452,557 | €308,798 | €265,727 | €38,624 | ▼ 85.5% |
| Trade receivables40 | €463,934 | €392,021 | €62,526 | €47,898 | €28,618 | ▼ 40.3% |
| Other amounts receivable41 | €26,597 | €60,535 | €246,271 | €217,829 | €10,006 | ▼ 95.4% |
| Cash at bank and in hand54/58 | €9,110 | €9,915 | €80,689 | €75,503 | €84,192 | ▲ 11.5% |
| Deferred charges and accrued income490/1 | €1,067 | €1,067 | €2,228 | €5,564 | €3,913 | ▼ 29.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €613,431 | €584,469 | €540,094 | €572,060 | €505,918 | ▼ 11.6% |
| Equity10/15 | €80,156 | €85,344 | €86,081 | €96,035 | €76,376 | ▼ 20.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €20,610 | €20,610 | €79,881 | €89,835 | €70,176 | ▼ 21.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | - | €61,131 | €71,085 | €51,426 | ▼ 27.7% |
| Profit (loss) carried forward14 | €53,346 | €58,534 | €0 | - | - | - |
| Amounts payable17/49 | €533,274 | €499,125 | €454,012 | €476,025 | €429,543 | ▼ 9.8% |
| Amounts payable within one year42/48 | €533,274 | €499,125 | €309,484 | €282,884 | €250,277 | ▼ 11.5% |
| Current portion of amounts payable after more than one year42 | €4,958 | - | - | - | - | - |
| Financial debts43 | €125,000 | €125,000 | €125,000 | €175,000 | €175,000 | = |
| Credit institutions430/8 | €125,000 | €125,000 | €125,000 | €175,000 | €175,000 | = |
| Trade debts44 | €185,393 | €134,748 | €85,565 | €71,487 | €56,965 | ▼ 20.3% |
| Suppliers440/4 | €185,393 | €134,748 | €85,565 | €71,487 | €56,965 | ▼ 20.3% |
| Taxes, remuneration and social security45 | €135,788 | €186,890 | €49,179 | €19,848 | €18,313 | ▼ 7.7% |
| Taxes450/3 | €98,938 | €140,955 | €49,179 | €19,848 | €18,313 | ▼ 7.7% |
| Remuneration and social security454/9 | €36,850 | €45,935 | €0 | - | - | - |
| Other amounts payable47/48 | €82,135 | €52,486 | €49,740 | €16,550 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €144,529 | €193,141 | €179,265 | ▼ 7.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,154 | €5,188 | €737 | €9,954 | -€19,660 | ▼ 298% |
| + Depreciation and write-downs630 | €84,756 | €59,355 | €51,748 | €42,940 | €55,284 | ▲ 28.7% |
| Operating cash flow (approximation) | €100,910 | €64,542 | €52,486 | €52,894 | €35,624 | ▼ 32.7% |
| Investment in fixed assets (approximation) | - | -€67,562 | -€79,198 | -€119,827 | -€209,207 | ▼ 74.6% |
| Change in cash | - | €805 | €70,774 | -€5,186 | €8,689 | ▲ 268% |
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
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€19,660
Net result drops to -€19,660, the lowest in the series.
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 485 days late
2021
31-12
Financial
Highest result since 2018net €16,154 ▲450%
Net result €16,154, the highest in the series.
2020
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 107 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Kapelle-op-den-Bos · 1 establishment unit since 2014
Ground area
2,106 m²
Building footprint
155 m²
Volume, LiDAR
696 m³
Parcel 23056B0160/00E000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Trust1Team
since 20142.231.603.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23056B0160/00E000 | Flanders | 2,105 m² | 1 · 155 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
30%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 25,000 EUR awarded · 12,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 25,000 EUR | 12,500 EUR |
Similar companies · same sector, comparable size
PhD INFORMATIQUE
BE 0877.573.648
Fexhe-le-Haut-Clocher · Eq €76,719
JADICO
BE 0543.657.185
Mol · Eq €76,761
NEngineering
BE 0645.775.322
Diepenbeek · Eq €77,031
AXXESS
BE 0654.865.806
Kampenhout · Eq €75,696
FLOWSEC
BE 0653.753.967
Hoeilaart · Eq €75,343
Of 2,726 companies in sector 63100 we hold annual accounts for 1,273. 979 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
Founded21-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
Website
trust1team.com
E-mail
admin.be@trust1team.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0552998186
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.