TrustCore
ActiveFrom the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TrustCore has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,350 and a net result of €94,082. Equity has been shrinking by about 6.4% per year since 2019. Its solvency ranks better than 16% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 04-12-2014 Normal situation
- Activity
- Computer programming NACE 62100and 2 others
- Establishment unit
- 2.238.796.325 9030 Gent, since 16-12-2014
- Financial year end
- 30 September
- Peppol
- Reachable since 27-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €136,196
- ▲ 9.6%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €94,082
- ▲ 28.3%
- Equity
- €37,350
- ▼ 27.1%
- Total assets
- €300,907
- ▲ 2.2%
Score breakdownraises riskEquity €37,350 (12.4% of total assets)lowers riskSize: total assets €300,907Sector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.60, cash €148,463Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 17% of them on solvency, 63% on liquidity, 82% on profitability and 22% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 145 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower solvency than 83% of companies in computer programming and consultancysector median 60.0% · 21,130 companies 12.4% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €94,082 7 years View
Comparable companies
These companies have the same main activity as TrustCore: computer programming (NACE 62100). They are comparable in size and age: total assets between €289,000 and €351,000, founded between 2014 and 2016.
| Company | Total assets | Gross margin |
|---|---|---|
| TrustCore Gent | €300,907 | €136,196 |
| METYS Sint-Lievens-Houtem | €351,054 | €129,782 |
| ELVICOR Bonheiden | €318,830 | €130,641 |
| OA MANAGEMENT & SOLUTIONS Schaarbeek | €293,387 | €129,630 |
| PAULVALROB Dilbeek | €320,999 | €124,913 |
| TBSCG Belgium Watermaal-Bosvoorde | €323,166 | €141,636 |
| Uddan IT Belgium Elsene | €288,615 | €131,598 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 08-12-2025
- Annual accounts 2024filed on 21-11-2024
- Annual accounts 2023filed on 13-11-2023
- Annual accounts 2022filed on 21-11-2022
Acts in the Belgian Official Gazette
- Legal-form change · Resignations & appointmentsact of 13-12-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about TrustCore
- What is the company number of TrustCore?
- The company number of TrustCore is 0506.884.188. The VAT number is the same number with BE in front: BE 0506.884.188.
- Where is TrustCore based?
- The registered office is at Lusthoflaan 119, 9030 Gent.Company details
- What does TrustCore do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of TrustCore?
- The legal form of TrustCore is Private limited company (BV).
- When was TrustCore founded?
- TrustCore was founded on 04-12-2014.
- Is TrustCore still active?
- Yes, TrustCore is an active enterprise in the KBO register.
- What is the turnover of TrustCore?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €136,196 and 32 comparable companies (NACE 62100). It probably lies between €170,000 and €280,000.Financials
- Is TrustCore profitable?
- In financial year 2025, TrustCore made a profit of €94,082.
- Where can I find the annual accounts of TrustCore?
- TrustCore filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of TrustCore due?
- TrustCore must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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