TrustO
ActiveSummary
TrustO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €527,623 and a net result of -€3,983. Equity is growing by ~13.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 32 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 8,594 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.
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | €2,562 | €295 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,377 | - | - | - | - | - |
| Other operating charges640/8 | - | €3,916 | €348 | €740 | €704 | ▼ 5.0% |
| Gross operating margin9900 | €20,119 | €627,057 | -€2,562 | -€295 | -€3,236 | ▼ 997% |
| Operating profit (loss)9901 | -€4,172 | €623,141 | -€2,909 | -€1,035 | -€3,940 | ▼ 281% |
| Financial income75/76B | - | - | €0 | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - | €0 | - |
| Financial charges65/66B | - | €8,056 | €4,404 | €39 | €44 | ▲ 11.5% |
| Recurring financial charges65 | €30 | €8,056 | €4,404 | €39 | €44 | ▲ 11.5% |
| Profit (loss) for the period before taxes9903 | -€4,202 | €615,085 | -€7,313 | -€1,074 | -€3,983 | ▼ 271% |
| Transfer to deferred taxes680 | - | €158,137 | - | - | - | - |
| Profit (loss) for the period9904 | -€4,202 | €456,949 | -€7,313 | -€1,074 | -€3,983 | ▼ 271% |
| Transfer to tax-exempt reserves689 | - | €474,410 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€4,202 | -€17,461 | -€7,313 | -€1,074 | -€3,983 | ▼ 271% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €236,559 | €698,246 | €691,224 | €689,742 | €686,067 | ▼ 0.5% |
| Fixed assets21/28 | €216,359 | - | - | - | - | - |
| Tangible fixed assets22/27 | €216,359 | - | - | - | - | - |
| Current assets29/58 | €20,199 | €698,246 | €691,224 | €689,742 | €686,067 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €550 | - | €650,000 | €650,000 | €650,000 | = |
| Other amounts receivable41 | - | - | €650,000 | €650,000 | €650,000 | = |
| Current investments50/53 | - | €247,343 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €19,649 | €450,903 | €41,224 | €39,742 | €36,067 | ▼ 9.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €236,559 | €698,246 | €691,224 | €689,742 | €686,067 | ▼ 0.5% |
| Equity10/15 | €83,044 | €539,993 | €532,680 | €531,606 | €527,623 | ▼ 0.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €26,748 | €501,157 | €501,157 | €501,157 | €501,157 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €474,410 | €474,410 | €474,410 | €474,410 | = |
| Distributable reserves133 | - | €20,548 | €20,548 | €20,548 | €20,548 | = |
| Profit (loss) carried forward14 | -€5,703 | -€23,164 | -€30,477 | -€31,552 | -€35,535 | ▼ 12.6% |
| Provisions and deferred taxes16 | €0 | €158,137 | €158,137 | €158,137 | €158,137 | = |
| Deferred taxes168 | - | €158,137 | €158,137 | €158,137 | €158,137 | = |
| Amounts payable17/49 | €153,514 | €117 | €407 | €0 | €308 | - |
| Amounts payable within one year42/48 | €153,034 | - | €407 | €0 | €0 | - |
| Trade debts44 | €0 | - | €407 | €0 | €0 | - |
| Suppliers440/4 | - | - | €407 | €0 | €0 | - |
| Accrued charges and deferred income492/3 | - | €117 | €0 | - | €308 | - |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,202 | €456,949 | -€7,313 | -€1,074 | -€3,983 | ▼ 271% |
| + Depreciation and write-downs630 | €22,377 | - | - | - | - | - |
| Operating cash flow (approximation) | €18,174 | €456,949 | -€7,313 | -€1,074 | -€3,983 | ▼ 271% |
| Change in cash | - | - | -€409,680 | -€1,482 | -€3,675 | ▼ 148% |
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
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12019B0628/00P002 | Flanders | 481 m² | 1 · 170 m² | 7.0 m · 1 fl. |
| 11002A2203/00E000 | Flanders | 102 m² | 1 · 102 m² | 17.2 m · 4 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.