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TrYdee

Active
Private limited companyfounded 2024active for 2 yearsBilksken 4, 9920 Lievegem, BelgiumKBO/BCE: BE 1011.528.767

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-06-2026 at the NBB

Equity
-€42,825
Total assets
€56,251
Net result
-€47,825
Working capital
-€74,604

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €56,251
Fixed assets €31,779
Current assets €24,473
Equity and liabilities
Equity-€42,825
Debt€99,076
Equity is negative. Debt (€99,076) exceeds the balance-sheet total (€56,251).
Key figures and ratios
2025 value
EBITDA
-€45,536
Cash flow
-€45,594
Solvency
-76.1%
Current ratio
0.25
ROA
-85.0%
Interest coverage
-794.15
Debt
€99,076
Debt ≤ 1 year
€99,076
Staff costs
€43,818
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date2
full-time1
part-time1
in full-time equivalents1.5
Average over the year, in full-time equivalents1.1
On a permanent contract2
Joined2
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€22,250
Financial fixed assets€11,760
Depreciation and write-downs of the year€2,231

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as TrYdee: joinery installation (NACE 43320). They are comparable in size and age: total assets between €43,700 and €69,100, founded between 2023 and 2024.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
TrYdee Lievegem2024€56,251-€42,825-€131--€47,8252025
BRUNATES Izegem2024€57,618€799-€679--€4,1662025
LOUMAX Overijse2024€55,076-€24,856-€16,347--€23,3212025
NACFER10 Dour2024€55,456€1,698-€11,700--€33,1682025
V.A.K. Rumst2024€63,501-€11,943-€18,493€43,733-€30,8752025
OUTDOOR DREAMS Brakel2024€43,714-€120,182-€100,411--€125,1822025
VDA Hout Beveren-Kruibeke-Zwijndrecht2023€69,084€14,371-€750--€11,2912025

They were chosen from the 9,053 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 7,639 companies had the same profile as TrYdee has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% was still going

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TrYdee itself: 4.6% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,639 companies, not a prediction for TrYdee. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€56,251
Fixed assets21/28€31,779
Tangible fixed assets22/27€20,019
Other tangible fixed assets26€20,019
Financial fixed assets28€11,760
Current assets29/58€24,473
Amounts receivable within one year40/41€23,074
Trade receivables40€21,836
Other amounts receivable41€1,238
Cash at bank and in hand54/58€417
Deferred charges and accrued income490/1€982
Equity and liabilities
Total equity and liabilities10/49€56,251
Equity10/15-€42,825
Contributions10/11€5,000
Profit (loss) carried forward14-€47,825
Amounts payable17/49€99,076
Amounts payable within one year42/48€99,076
Financial debts43€45,000
Other loans439€45,000
Trade debts44€3,578
Suppliers440/4€3,578
Taxes, remuneration and social security45€12,132
Taxes450/3€641
Remuneration and social security454/9€11,491
Other amounts payable47/48€38,366
Income statement Code2025
Remuneration, social security and pensions62€43,818
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,231
Other operating charges640/8€1,587
Gross operating margin9900-€131
Operating profit (loss)9901-€47,768
Financial charges65/66B€57
Recurring financial charges65€57
Profit (loss) for the period before taxes9903-€47,825
Profit (loss) for the period9904-€47,825
Profit (loss) for the period to be appropriated9905-€47,825
Appropriation of the result
Profit (loss) to be appropriated9906-€47,825

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Remuneration, social security and pensions62€43,818
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,231
Other operating charges640/8€1,587
Gross operating margin9900-€131
Operating profit (loss)9901-€47,768
Financial charges65/66B€57
Recurring financial charges65€57
Profit (loss) for the period before taxes9903-€47,825
Profit (loss) for the period9904-€47,825
Profit (loss) for the period to be appropriated9905-€47,825
Line2025
Assets
Total assets20/58€56,251
Fixed assets21/28€31,779
Tangible fixed assets22/27€20,019
Other tangible fixed assets26€20,019
Financial fixed assets28€11,760
Current assets29/58€24,473
Amounts receivable within one year40/41€23,074
Trade receivables40€21,836
Other amounts receivable41€1,238
Cash at bank and in hand54/58€417
Deferred charges and accrued income490/1€982
Equity and liabilities
Total equity and liabilities10/49€56,251
Equity10/15-€42,825
Contributions10/11€5,000
Profit (loss) carried forward14-€47,825
Amounts payable17/49€99,076
Amounts payable within one year42/48€99,076
Financial debts43€45,000
Other loans439€45,000
Trade debts44€3,578
Suppliers440/4€3,578
Taxes, remuneration and social security45€12,132
Taxes450/3€641
Remuneration and social security454/9€11,491
Other amounts payable47/48€38,366
Line2025
Profit (loss) for the period9904-€47,825
+ Depreciation and write-downs630€2,231
Operating cash flow (approximation)-€45,594

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00209096 NBB

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