TRYPHON
ActiveSummary
The computed 12-month bankruptcy probability of TRYPHON is 3.3% (moderate). The 2025 annual accounts show negative equity (€-107k) and a net result of €-21k. Equity is shrinking by ~6.4% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-16
Solvency0▼-2
Growth57=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.09 in 2024; short-term debt: 66% and cash: 1.7% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-32.5%
Return on assets
-6.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-107k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
22 d early
2023
21 d early
2022
24 d early
2021
37 d early
2020
19 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€22k▲ 3.6%
2024 · €22k
2019: €15k
2020: €24k▲ +54.5% vs 2019highest in 7 years
2021: €23k▼ -5.5% vs 2020
2022: €4k▼ -81.1% vs 2021lowest in 7 years
2023: €8k▲ +90.6% vs 2022
2024: €22k▲ +167% vs 2023
2025: €22k▲ +3.6% vs 2024
2019 → 2025
EBIT margin
-80.9%▼ 87.3pp
2024 · 6.4%
2019: -374.0%lowest in 7 years
2020: -171.9%▲ +54.0% vs 2019
2021: -132.7%▲ +22.8% vs 2020
2022: 2603.0%▲ +2061% vs 2021highest in 7 years
2023: -325.1%▼ -112% vs 2022
2024: 6.4%▲ +102% vs 2023
2025: -80.9%▼ -1363% vs 2024
2019 → 2025
Net result
€-21k▼ 1,028%
2024 · €-2k
2019: €-65klowest in 7 years
2020: €-52k▲ +20.1% vs 2019
2021: €-44k▲ +14.0% vs 2020
2022: €100k▲ +326% vs 2021highest in 7 years
2023: €-30k▼ -130% vs 2022
2024: €-2k▲ +93.6% vs 2023
2025: €-21k▼ -1028% vs 2024
2019 → 2025
Working capital
€-211k▼ 0.4%
2024 · €-211k
2019: €-78khighest in 7 years
2020: €-183k▼ -133% vs 2019
2021: €-186k▼ -1.9% vs 2020
2022: €-115k▲ +38.1% vs 2021
2023: €-230k▼ -100% vs 2022lowest in 7 years
2024: €-211k▲ +8.6% vs 2023
2025: €-211k▼ -0.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€23k-€4k▼ 81.1%€8k▲ 90.6%€22k▲ 167%€22k▲ 3.6%
2021: €23khighest in 5 years
2022: €4k▼ -81.1% vs 2021lowest in 5 years
2023: €8k▲ +90.6% vs 2022
2024: €22k▲ +167% vs 2023
2025: €22k▲ +3.6% vs 2024
Equity€-154k-€-54k▲ 65.1%€-84k▼ 55.5%€-86k▼ 2.3%€-107k▼ 25.1%
2021: €-154klowest in 5 years
2022: €-54k▲ +65.1% vs 2021highest in 5 years
2023: €-84k▼ -55.5% vs 2022
2024: €-86k▼ -2.3% vs 2023
2025: €-107k▼ -25.1% vs 2024
Operating result€-30k-€111k€-26k€1k€-18k
2021: €-30klowest in 5 years
2022: €111k▲ +470% vs 2021highest in 5 years
2023: €-26k▼ -124% vs 2022
2024: €1k▲ +105% vs 2023
2025: €-18k▼ -1408% vs 2024
Net result€-44k-€100k€-30k€-2k▲ 93.6%€-21k▼ 1,028%
2021: €-44klowest in 5 years
2022: €100k▲ +326% vs 2021highest in 5 years
2023: €-30k▼ -130% vs 2022
2024: €-2k▲ +93.6% vs 2023
2025: €-21k▼ -1028% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €330k
Fixed assets
€323k ▼ 9.0%
Current assets
€6k ▼ 70.8%
Key figures and ratios
EBITDA
€14k▼
2024 · €33k
Cash flow
€11k▼
2024 · €30k
Solvency
-32.5%▼
2024 · -22.7%
Current ratio
0.03▼
2024 · 0.09
Debt to equity
-4.08▲
2024 · -5.40
ROA
-6.5%▼
2024 · -0.5%
Interest coverage
4.12▼
2024 · 10.16
Debt
€437k▼
2024 · €462k
Debt ≤ 1 year
€217k▼
2024 · €231k
Debt > 1 year
€219k▼
2024 · €230k
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 · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€376k€330k▼
Formation expenses20€0€0=
Fixed assets21/28€355k€323k▼
Tangible fixed assets22/27€355k€323k▼
Land and buildings22€155k€149k▼
Plant, machinery and equipment23€200k€174k▼
Financial fixed assets28€500€500=
Current assets29/58€21k€6k▼
Cash at bank and in hand54/58€20k€6k▼
Deferred charges and accrued income490/1€485€488▲
Equity and liabilities
Total equity and liabilities10/49€376k€330k▼
Equity10/15€-86k€-107k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€-92k€-113k▼
Amounts payable17/49€462k€437k▼
Amounts payable after more than one year17€230k€219k▼
Financial debts170/4€230k€219k▼
Amounts payable within one year42/48€231k€217k▼
Trade debts44€0€551▲
Suppliers440/4€0€551▲
Other amounts payable47/48€231k€217k▼
Income statement
Code20242025
Turnover70€22k€22k▲
Goods, raw materials, services and sundry goods60/61€5k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€37k€16k▼
Operating profit (loss)9901€1k€-18k▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-2k€-21k▼
Profit (loss) for the period9904€-2k€-21k▼
Profit (loss) for the period to be appropriated9905€-2k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-113k▼
Profit (loss) brought forward from the previous period14P€-90k€-92k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €23k | €4k | €8k | €22k | €22k | ▲ 3.6% |
| Non-recurring operating income76A | - | €132k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €12k | €9k | €4k | €5k | €7k | ▲ 24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €15k | €29k | €32k | €32k | = |
| Other operating charges640/8 | €3k | €1k | €2k | €3k | €2k | ▼ 50.1% |
| Gross operating margin9900 | €10k | €126k | €4k | €37k | €16k | ▼ 57.6% |
| Operating profit (loss)9901 | €-30k | €111k | €-26k | €1k | €-18k | ▼ 1,408% |
| Financial income75/76B | - | €419 | €3 | - | - | - |
| Recurring financial income75 | - | €419 | €3 | - | - | - |
| Financial charges65/66B | €14k | €11k | €4k | €3k | €3k | ▲ 2.6% |
| Recurring financial charges65 | €14k | €11k | €4k | €3k | €3k | ▲ 2.6% |
| Profit (loss) for the period before taxes9903 | €-44k | €100k | €-30k | €-2k | €-21k | ▼ 1,028% |
| Profit (loss) for the period9904 | €-44k | €100k | €-30k | €-2k | €-21k | ▼ 1,028% |
| Profit (loss) for the period to be appropriated9905 | €-44k | €100k | €-30k | €-2k | €-21k | ▼ 1,028% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €571k | €381k | €388k | €376k | €330k | ▼ 12.4% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €569k | €312k | €387k | €355k | €323k | ▼ 9.0% |
| Tangible fixed assets22/27 | €569k | €312k | €387k | €355k | €323k | ▼ 9.0% |
| Land and buildings22 | €479k | €166k | €160k | €155k | €149k | ▼ 3.5% |
| Plant, machinery and equipment23 | €89k | €146k | €227k | €200k | €174k | ▼ 13.3% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €2k | €69k | €919 | €21k | €6k | ▼ 70.8% |
| Amounts receivable within one year40/41 | - | €0 | - | - | - | - |
| Trade receivables40 | - | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €2k | €69k | €489 | €20k | €6k | ▼ 72.5% |
| Deferred charges and accrued income490/1 | €0 | €0 | €430 | €485 | €488 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €571k | €381k | €388k | €376k | €330k | ▼ 12.4% |
| Equity10/15 | €-154k | €-54k | €-84k | €-86k | €-107k | ▼ 25.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | €6k | €6k | €6k | €6k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | €12k | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €-160k | €-60k | €-90k | €-92k | €-113k | ▼ 23.3% |
| Amounts payable17/49 | €725k | €435k | €472k | €462k | €437k | ▼ 5.5% |
| Amounts payable after more than one year17 | €536k | €251k | €241k | €230k | €219k | ▼ 4.9% |
| Financial debts170/4 | €536k | €251k | €241k | €230k | €219k | ▼ 4.9% |
| Amounts payable within one year42/48 | €188k | €184k | €231k | €231k | €217k | ▼ 6.0% |
| Trade debts44 | €880 | €847 | €805 | €0 | €551 | - |
| Suppliers440/4 | €880 | €847 | €805 | €0 | €551 | - |
| Other amounts payable47/48 | €187k | €184k | €231k | €231k | €217k | ▼ 6.3% |
| Accrued charges and deferred income492/3 | €1k | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-44k | €100k | €-30k | €-2k | €-21k | ▼ 1,028% |
| + Depreciation and write-downs630 | €37k | €15k | €29k | €32k | €32k | = |
| Operating cash flow (approximation) | €-7k | €115k | €-1k | €30k | €11k | ▼ 65.0% |
| Investment in fixed assets (approximation) | - | €242k | €-104k | €0 | €0 | - |
| Change in cash | - | €67k | €-69k | €20k | €-15k | ▼ 174% |
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
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €100k
Net result €100k after 3 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Watermaal-Bosvoorde · 1 establishment unit since 2018
Ground area
894 m²
Building footprint
589 m²
Volume, LiDAR
10,435 m³
2 parcels, Brussels · tallest building 22.5 m, ±7 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Bosquetstraat 45, 1060 Sint-Gillis (bij-Brussel)
since 20182.280.125.847
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0018/00F003 | Brussels | 635 m² | 1 · 499 m² | 22.5 m · 7 fl. |
| 21652E0019/00G017 | Brussels | 259 m² | 1 · 89 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-04-2018
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.