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TRYANGLE

Active
Private limited companyfounded 20179 yrs activeEmiel Dewittstraat 53, 2845 Niel, BelgiumKBO/BCE: BE 0678.409.783
Summary

TRYANGLE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 49% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▼-20
Solvency70▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 2.29 in 2023; short-term debt: 41.3% and cash: 31.4% of total assets), but 55.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
44.7%
Return on assets
1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
17 d early
2023
36 d early
2022
19 d early
2021
22 d late
2020
2 d early
2019
2 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 2024, micro schema

Equity
€85k▼ 18.9%
2023 · €105k
2018: €8k 2019: €993▼ -87.4% vs 2018lowest in 7 years 2020: €2k▲ +122% vs 2019 2021: €15k▲ +600% vs 2020 2022: €63k▲ +311% vs 2021 2023: €105k▲ +65.8% vs 2022highest in 7 years 2024: €85k▼ -18.9% vs 2023
2018 → 2024
Total assets
€191k▼ 20.8%
2023 · €241k
2018: €45klowest in 7 years 2019: €87k▲ +92.6% vs 2018 2020: €82k▼ -5.4% vs 2019 2021: €69k▼ -16.5% vs 2020 2022: €160k▲ +133% vs 2021 2023: €241k▲ +50.4% vs 2022highest in 7 years 2024: €191k▼ -20.8% vs 2023
2018 → 2024
Net result
€2k▼ 95.4%
2023 · €42k
2018: €-14klowest in 7 years 2019: €-7k▲ +50.6% vs 2018 2020: €1k▲ +118% vs 2019 2021: €13k▲ +992% vs 2020 2022: €48k▲ +263% vs 2021highest in 7 years 2023: €42k▼ -13.1% vs 2022 2024: €2k▼ -95.4% vs 2023
2018 → 2024
Working capital
€59k▼ 45.9%
2023 · €109k
2018: €14k 2019: €41k▲ +187% vs 2018 2020: €16k▼ -59.6% vs 2019 2021: €13k▼ -18.1% vs 2020lowest in 7 years 2022: €51k▲ +279% vs 2021 2023: €109k▲ +115% vs 2022highest in 7 years 2024: €59k▼ -45.9% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€2k-€15k▲ 600%€63k▲ 311%€105k▲ 65.8%€85k▼ 18.9% 2020: €2klowest in 5 years 2021: €15k▲ +600% vs 2020 2022: €63k▲ +311% vs 2021 2023: €105k▲ +65.8% vs 2022highest in 5 years 2024: €85k▼ -18.9% vs 2023
Operating result€343-€15k▲ 4,383%€66k▲ 333%€56k▼ 15.9%€7k▼ 87.5% 2020: €343lowest in 5 years 2021: €15k▲ +4383% vs 2020 2022: €66k▲ +333% vs 2021highest in 5 years 2023: €56k▼ -15.9% vs 2022 2024: €7k▼ -87.5% vs 2023
Net result€1k-€13k▲ 992%€48k▲ 263%€42k▼ 13.1%€2k▼ 95.4% 2020: €1klowest in 5 years 2021: €13k▲ +992% vs 2020 2022: €48k▲ +263% vs 2021highest in 5 years 2023: €42k▼ -13.1% vs 2022 2024: €2k▼ -95.4% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €343€343Net result 2020: €1k€1kOperating result 2021: €15k€15kNet result 2021: €13k€13kOperating result 2022: €66k€66kNet result 2022: €48k€48kOperating result 2023: €56k€56kNet result 2023: €42k€42kOperating result 2024: €7k€7kNet result 2024: €2k€2k20202021202220232024€0€20k€40k€60kOperating result 2022: €66k€66kNet result 2022: €48k€48kOperating result 2023: €56k€56kNet result 2023: €42k€42kOperating result 2024: €7k€7kNet result 2024: €2k€1.9k202220232024
The operating result has fallen two years in a row; 2024 is 87% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €191k
Fixed assets €53k ▲ 11.9%
Current assets €138k ▼ 28.7%
Equity and liabilities €191k
Equity €85k ▼ 18.9%
Debt €106k ▼ 22.3%
Debt's share of the balance-sheet total falls from 56.3% to 55.3%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18k▼
2023 · €66k
Cash flow
€13k▼
2023 · €52k
Current ratio
1.75▼
2023 · 2.29
Debt to equity
1.24▼
2023 · 1.29
ROE
2.3%▼
2023 · 39.7%
ROA
1.0%▼
2023 · 17.3%
Interest coverage
6.05▼
2023 · 27.62
Debt ≤ 1 year
€79k▼
2023 · €84k
Debt > 1 year
€24k▼
2023 · €35k
Income taxes
€2k▼
2023 · €12k
Staff costs
€106k▼
2023 · €111k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet Code20232024
Assets
Total assets20/58€241k€191k▼
Fixed assets21/28€47k€53k▲
Tangible fixed assets22/27€47k€53k▲
Land and buildings22€0-
Plant, machinery and equipment23€9k€12k▲
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€34k€39k▲
Current assets29/58€194k€138k▼
Amounts receivable within one year40/41€109k€63k▼
Trade receivables40€101k€60k▼
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€54k€60k▲
Deferred charges and accrued income490/1€30k€15k▼
Equity and liabilities
Total equity and liabilities10/49€241k€191k▼
Equity10/15€105k€85k▼
Contributions10/11€19k€9k▼
Reserves13€87k€77k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€87k€77k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€136k€106k▼
Amounts payable after more than one year17€35k€24k▼
Financial debts170/4€35k€24k▼
Amounts payable within one year42/48€84k€79k▼
Current portion of amounts payable after more than one year42€7k€25k▲
Trade debts44€38k€12k▼
Suppliers440/4€38k€12k▼
Taxes, remuneration and social security45€34k€34k▲
Taxes450/3€19k€15k▼
Remuneration and social security454/9€16k€19k▲
Other amounts payable47/48€6k€7k▲
Accrued charges and deferred income492/3€16k€3k▼
Income statement Code20232024
Non-recurring operating income76A€0€10k▲
Remuneration, social security and pensions62€111k€106k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k€-14k▼
Other operating charges640/8€1k€740▼
Gross operating margin9900€192k€110k▼
Operating profit (loss)9901€56k€7k▼
Financial income75/76B€118€158▲
Recurring financial income75€118€158▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€54k€4k▼
Income taxes67/77€12k€2k▼
Profit (loss) for the period9904€42k€2k▼
Profit (loss) for the period to be appropriated9905€42k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€2k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€12k
Transfer to equity691/2€42k€2k▼
To other reserves6921€42k€2k▼
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Non-recurring operating income76A--€828€0€10k-
Remuneration, social security and pensions62-€66k€96k€111k€106k▼ 4.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k€6k€11k€11k▲ 2.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€14k€-14k▼ 200%
Other operating charges640/8-€708€658€1k€740▼ 29.0%
Gross operating margin9900€93k€87k€170k€192k€110k▼ 42.6%
Operating profit (loss)9901€343€15k€66k€56k€7k▼ 87.5%
Financial income75/76B-€3€20€118€158▲ 33.4%
Recurring financial income75€38€3€20€118€158▲ 33.4%
Financial charges65/66B-€2k€1k€2k€3k▲ 22.1%
Recurring financial charges65€2k€2k€1k€2k€3k▲ 22.1%
Profit (loss) for the period before taxes9903€1k€14k€65k€54k€4k▼ 92.1%
Income taxes67/77-€412€17k€12k€2k▼ 80.6%
Profit (loss) for the period9904€1k€13k€48k€42k€2k▼ 95.4%
Profit (loss) for the period to be appropriated9905€1k€13k€48k€42k€2k▼ 95.4%
Line20202021202220232024Change
Assets
Total assets20/58€82k€69k€160k€241k€191k▼ 20.8%
Fixed assets21/28€17k€23k€35k€47k€53k▲ 11.9%
Tangible fixed assets22/27€17k€23k€35k€47k€53k▲ 11.9%
Land and buildings22-€13k€11k€0--
Plant, machinery and equipment23-€4k€10k€9k€12k▲ 35.2%
Furniture and vehicles24-€5k€3k€4k€2k▼ 47.4%
Other tangible fixed assets26--€11k€34k€39k▲ 13.2%
Current assets29/58€65k€46k€125k€194k€138k▼ 28.7%
Amounts receivable within one year40/41€25k€29k€79k€109k€63k▼ 42.7%
Trade receivables40-€22k€61k€101k€60k▼ 41.1%
Other amounts receivable41-€8k€18k€8k€3k▼ 62.7%
Cash at bank and in hand54/58€36k€14k€15k€54k€60k▲ 10.4%
Deferred charges and accrued income490/1-€3k€32k€30k€15k▼ 48.6%
Equity and liabilities
Total equity and liabilities10/49€82k€69k€160k€241k€191k▼ 20.8%
Equity10/15€2k€15k€63k€105k€85k▼ 18.9%
Contributions10/11-€19k€19k€19k€9k▼ 53.6%
Reserves13€3k€3k€45k€87k€77k▼ 11.4%
Non-distributable reserves130/1-€2k€2k€0--
Reserves not available under the articles1311-€2k€2k€0--
Distributable reserves133-€1k€43k€87k€77k▼ 11.4%
Profit (loss) carried forward14€-20k€-6k€0-€0-
Amounts payable17/49€80k€53k€97k€136k€106k▼ 22.3%
Amounts payable after more than one year17€30k€19k€21k€35k€24k▼ 32.9%
Financial debts170/4-€19k€21k€35k€24k▼ 32.9%
Amounts payable within one year42/48€48k€33k€74k€84k€79k▼ 6.6%
Current portion of amounts payable after more than one year42-€11k€14k€7k€25k▲ 281%
Trade debts44€20k€3k€25k€38k€12k▼ 67.3%
Suppliers440/4-€3k€25k€38k€12k▼ 67.3%
Taxes, remuneration and social security45-€14k€30k€34k€34k▲ 0.2%
Taxes450/3-€14k€13k€19k€15k▼ 19.2%
Remuneration and social security454/9--€17k€16k€19k▲ 23.3%
Other amounts payable47/48-€5k€6k€6k€7k▲ 20.7%
Accrued charges and deferred income492/3-€1k€1k€16k€3k▼ 81.8%
Line20202021202220232024Change
Profit (loss) for the period9904€1k€13k€48k€42k€2k▼ 95.4%
+ Depreciation and write-downs630€2k€5k€6k€11k€11k▲ 2.2%
Operating cash flow (approximation)€3k€18k€54k€52k€13k▼ 75.7%
Investment in fixed assets (approximation)-€-10k€-19k€-23k€-16k▲ 28.0%
Change in cash-€-22k€760€40k€6k▼ 85.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €100kEq €105k ▲65.8%
4 profitable years in a row build equity to €105k.
12-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €48k ▲263%
Operating result €66k, net result €48k, both a record.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €1k
Net result €1k after 2 loss-making years.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Niel · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
394 m²
Building footprint
146 m²
Volume, LiDAR
840 m³
Parcel 11030A0426/00Y000, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
TRYANGLE
Emiel Dewittstraat 53, 2845 NielOther education
since 20172.266.545.451
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11030A0426/00Y000 Flanders 394 m² 1 · 146 m² 11.1 m · 1 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 3,928 EUR awarded · 3,928 EUR paid
Year Entries awardedpaid
2025 1 2,175 EUR2,175 EUR
2024 1 1,154 EUR1,154 EUR
2022 1 599 EUR599 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 3,928 EUR · 3,928 EUR paid · Fonds voor Innoveren en Ondernemen

Federal government

2023 to 2024 · 2 entries · 54,843 EUR in total
Year Department Transactions Amount
2024 FOD Werkgelegenheid 1 10,194 EUR
2023 FOD Werkgelegenheid 1 44,649 EUR
Budget allocations
Subsidie Plan burn-out
2 entries · 54,843 EUR

European Union, budget

2022 · 1 entry · 15,625 EUR in total
Year Entries awarded
2022 1 15,625 EUR
Projects
FEMPOWER - (FEMALE) EMPOWERMENT: LEADERS OF THE FUTURE
Erasmus+ · 01-03-2022 to 29-02-2024 · 15,625 EUR

Recognitions · licences · registrations

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2028-03-03

Similar companies · same sector, comparable size

Of 11,670 companies in sector 85599 we hold annual accounts for 1,330. 1,034 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
Founded07-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
85592Vocational training

Scores and ratios are computed by Checked and are not a credit decision.