Skip to content

TRUSTIE'S ++

Active
Rue de la Révision 93B ·4032 Liège, Belgium
Open bankruptcy
KBO/BCE: BE 0834.452.297
Watch Print / PDF
Age15 yrs
Staff (FTE)1
Real estate1 parcel · 2.8 ha

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for TRUSTIE'S ++ according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2021 annual accounts show equity of €827k and a net result of €385k.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

2 events
08-09-2023
Bankruptcy Opening
Date: 31-08-2023 · Tribunal de l’entreprise de Liège, division Liège · TRUSTIE’S ++ SRL RUE DE LA REVISION 93B, 4032 CHENEE · Publications in State Gazette ↗
05-04-2023
Judicial reorganisation Opening
Date: 28-03-2023 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Trust signals

2 signals
KBO register: special legal situation
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€385k-8.3%
Working capital€130k
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 31-08-2022 with the NBB · fiscal year 2021 · volledig
€0€200k€400k€600kOperating result 2018: €120k€120kNet result 2018: €293k€293kOperating result 2019: €40k€40kNet result 2019: €323k€323kOperating result 2020: €147k€147kNet result 2020: €420k€420kOperating result 2021: €571k€571kNet result 2021: €385k€385k2018201920202021
Operating resultNet result
Sector comparison
Fiscal year 2021 · NACE 70, Head offices & management consulting · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 35.5% 44.1%
better than 42% of 419 sector peers
Net result €385k €35k
better than 86% of 418 sector peers
Equity €827k €236k
better than 66% of 419 sector peers
Gross operating margin €684k €47k
better than 92% of 324 sector peers
Staff costs €67k €193k
higher than 35% of 132 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€605k
+243.9% far above sector median
Net profit
€385k
-8.3% +131% vs sector
Cash flow
€420k
-6.6% +131% vs sector
Total assets
€2.33M
+55.6% +113% vs sector
Equity
€827k
+87.1% +22% vs sector
Working capital
€130k
- -73% vs sector
Employees (FTE)
1
0.0% -86% vs sector
Staff costs
€67k
- -92% vs sector
Income taxes
€140k
+331.8% +40% vs sector
Debt
€1.50M
+42.4% +274% vs sector
Debt ≤ 1y
€1.31M
+62.2% +279% vs sector
Debt > 1y
€167k
-24.1% +65% vs sector
Current ratio
1.10
+42.8% -34% vs sector
Quick ratio
0.61
-10.8% -61% vs sector
Solvency
35.5%
+20.3% -41% vs sector
Debt / equity
1.82
+264.5% +188% vs sector
ROE
46.6%
-51.0% far above sector median
ROA
16.5%
-41.1% far above sector median
Interest coverage
13.31
- +24% vs sector
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA€605k
Net profit€385k
Cash flow€420k
Staff costs€67k
Income taxes€140k
Dividends-
Total assets€2.33M
Equity€827k
Debt€1.50M
of which ≤ 1y€1.31M
of which > 1y€167k
Working capital€130k
Employees (FTE)1.0
Ratios (computed)
2021
Current ratio1.10
Quick ratio0.61
Working capital ratio5.6%
Solvency35.5%
Debt / equity1.82
Long-term debt ratio0.20
Interest coverage13.31
Gross margin-
Net margin-
ROA16.5%
ROE46.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€2.33M
Fixed assets 21/28€891k
Tangible fixed assets 22/27€270k
Financial fixed assets 28€620k
Current assets 29/58€1.44M
Stocks & contracts in progress 3€644k
Amounts receivable within one year 40/41€773k
Cash & bank 54/58€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.33M
Equity 10/15€827k
Contributions / capital 10/11€20k
Reserves 13€2k
Accumulated profits (losses) 14€805k
Amounts payable 17/49€1.50M
Amounts payable after one year 17€167k
Amounts payable within one year 42/48€1.31M
Trade debts payable within one year 44€957k
Income statement
Gross operating margin 9900€684k
Operating result 9901€571k
Financial income 75€206
Financial charges 65€45k
Result before taxes 9903€525k
Income taxes 67/77€140k
Net result for the period 9904€385k
Result to be appropriated 9905€385k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
16 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator SORAYA MHIDRA
RUE FINE PIERRE 24, 4122 PLAINE- VAUX
 31-08-2023 → present Belgian State Gazette

Legal Structure

NACE primary Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form Private limited company(610)
Incorporation11-03-2011
StatusActive
Postal code4032
First BS signal 05-04-2023
Latest BS signal 08-09-2023

Structure & network

Company structure: linked entities

1 linked entity
TRUSTIE'S ++BE 0834.452.297SORAYA MHIDRAReceiver
Mandates

Locations & real estate

Establishment units

1 location
Rue de la Révision 93, 4032 Liège
Vervaardiging van ijzer en staal en van ferrolegeringen
since 20192.291.854.434
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2.8 ha
Buildings1
Building footprint324 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62023B0133/00D002 Wallonia 2.8 ha 1 · 324 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

2 events from the State Gazette
08-09-2023
Bankruptcy Opening
Date: 31-08-2023 · Tribunal de l’entreprise de Liège, division Liège · TRUSTIE’S ++ SRL RUE DE LA REVISION 93B, 4032 CHENEE · Publications in State Gazette ↗
05-04-2023
Judicial reorganisation Opening
Date: 28-03-2023 · Tribunal de l’entreprise de Liège · collectif · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-04-05 · Judicial reorganisation · Opening2023-09-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health16Profitability100Solvency58Growth78Stability0
50 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 16
Profitability 100
Solvency 58
Growth 78
Stability 0

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector, ranked by comparable size

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameFR TRUSTIE'S ++
Registered office
Rue de la Révision 93B
4032 Liège, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.