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Trustan

Active
Private limited companyfounded 20224 yrs activeZwijgerstraat 11, 2000 Antwerpen, BelgiumKBO/BCE: BE 0787.609.514

Trustan has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+56
Solvency15▲+15
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.47 against 1.93 in 2024; short-term debt: 22.4% and cash: 60.4% of total assets), but equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · 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
elevated failure risk from 2 to 8 years 4 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-9.7%
Return on assets
25.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 17022 sector peers (2025).
NBB · sector comparison
Position among 17022 sector peers
Solvency
better than 8%
← weakest strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 d early
2024
60 d late
2023
12 d early
2022
17 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€-3k▲ 72.2%
2024 · €-12k
2022: €-5k 2023: €-13k 2024: €-12k
2022 → 2025
Total assets
€34k▲ 28.7%
2024 · €27k
2022: €993 2023: €15k 2024: €27k
2022 → 2025
Net result
€9k▲ 1,099%
2024 · €715
2022: €-7k 2023: €-7k 2024: €715
2022 → 2025
Working capital
€27k▲ 107%
2024 · €13k
2022: €-5k 2023: €2k 2024: €13k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€-5k-€-13k▼ 131%€-12k▲ 5.7%€-3k▲ 72.2%
Operating result€-7k-€-7k▲ 4.9%€739€9k▲ 1,081%
Net result€-7k-€-7k▲ 4.2%€715€9k▲ 1,099%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2022: €-7k€-7kNet result 2022: €-7k€-7kOperating result 2023: €-7k€-7kNet result 2023: €-7k€-7kOperating result 2024: €739€739Net result 2024: €715€715Operating result 2025: €9k€9kNet result 2025: €9k€9k2022202320242025
The operating result has risen three years in a row; 2025 is 1,081% above 2024 and is the highest result in the available series.
Key figures and ratios
2025 value · change against 2024
Solvency
-9.7%
2024 · -44.7%
Current ratio
4.47
2024 · 1.93
Quick ratio
4.47
2024 · 1.93
Debt / equity
-11.36
2024 · -3.24
ROA
25.1%
2024 · 2.7%
Debt
€38k
2024 · €38k
Debt ≤ 1 year
€8k
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€27k€34k
Current assets29/58€27k€34k
Amounts receivable within one year40/41€13k€13k
Trade receivables40€13k€13k
Cash at bank and in hand54/58€14k€21k
Deferred charges and accrued income490/1-€228
Equity and liabilities
Total equity and liabilities10/49€27k€34k
Equity10/15€-12k€-3k
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-14k€-5k
Amounts payable17/49€38k€38k
Amounts payable within one year42/48€14k€8k
Trade debts44-€721
Suppliers440/4-€721
Taxes, remuneration and social security45€5k€4k
Taxes450/3€5k€4k
Other amounts payable47/48€9k€3k
Accrued charges and deferred income492/3€25k€30k
Income statement Code20242025
Other operating charges640/8€553€944
Gross operating margin9900€1k€10k
Operating profit (loss)9901€739€9k
Financial income75/76B€64-
Recurring financial income75€64-
Financial charges65/66B€89€154
Recurring financial charges65€89€154
Profit (loss) for the period before taxes9903€715€9k
Profit (loss) for the period9904€715€9k
Profit (loss) for the period to be appropriated9905€715€9k
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-5k
Profit (loss) brought forward from the previous period14P€-15k€-14k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2022net €9k ▲1099%
Operating result €9k, net result €9k, both a record.
31-12
Financial Liquidity doublescurrent ratio 4.47
Current ratio from 1.93 to 4.47; short-term debt falls from €14k to €8k.
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Back to profitnet €715
Net result €715 after 2 loss-making years.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity times 8current ratio 1.17
Current ratio from 0.15 to 1.17.
14-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Zwijgerstraat 112000 Antwerpen
Ground area
115 m²
Building footprint
84 m²
Volume, LiDAR
852 m³
Parcel 11811L3558/00H002, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Trustan
Zwijgerstraat 11, 2000 AntwerpenOther software publishing
since 20222.332.725.680
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3558/00H002 Flanders 115 m² 1 · 84 m² 15.6 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 2,160 EUR awarded · 2,160 EUR paid
Year Entries awardedpaid
2025 1 0 EUR2,160 EUR
2024 1 2,160 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 2,160 EUR · 2,160 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 16,886 companies in sector 62100 we hold annual accounts for 8,777.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-06-2022
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.