Equity
€1.7m ▲ 22.1%
TRYVAN has made a profit without a break since 2017.
TRYVAN
Lifetime
18 annual accounts with figures on one time axispeak €2.7m (2026)
€2.7m▲ 28.0%
lowest -€52,883 (2009)
€303,642▼ 2.6%
peak €1.7m (2026)
€1.7m▲ 22.1%
€3.0m▲ 12.5%
peak 35.8 FTE (2025)
18.7 FTE▼ 47.8%
Board2 names since 2008
2 directorsBart Trybou and 1 other
Documentsfilings and deeds
20-10-202611 days before the deadline
2026abbreviated format
Gross margin from €2.1m to €2.7mStaff from 35.8 FTE to 18.7 FTEEquity from €1.4m to €1.7m
Key points
from the 2026 annual accountsTurnover
≈ €4.7m estimated
The abbreviated format states no turnover.
Staff
18.7 FTE from 35.8 in 2025
Between 2025 and 2026, 48% of the full-time equivalents disappeared.
Filings
18 annual accounts since 2009
The 2021 accounts came 10 days late. The other nine of the last ten were filed on time.
Position in the sector
€303,642
Higher net result than 85% of companies in crop and animal production. Sector median €68,919 · 167 companies.
Public support
€150,278 awarded from 2022 to 2025
Flemish support, mostly Investeringssteun voor land- en tuinbouwers.
Checked score
92
Excellent
Financially stronger than 55% of small companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 912 companies (NACE 01, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.17, cash €225,775
lowers risk
Figures for financial year 2026 (filed on 21-10-2026)
Profit of €303,642 (financial year 2026)
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small). It does better than 44% of them on solvency, 34% on liquidity, 69% on profitability and 73% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as TRYVAN has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of TRYVAN itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 17,811 companies, not a prediction for TRYVAN. 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.
Credit verdict
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.89 in 2025), below the usual 1.5. Short-term debt is 32.3% and cash 4.9% of total assets. 63.8% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 20-10-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
11 days early
2025
17 days early
2024
34 days early
2023
1 day early
2022
5 days early
2021
10 days late
2020
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 20 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies and 3 more · Vleteren
Environmental permit refused
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Het reliëf van de bodem aanmerkelijk wijzigen · Provincie West-Vlaanderen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0896548630
Changes of role: Bart Trybou (director) and Evelien Vanlerberghe (director)
Director discharge: Bart Trybou · Director discharge: Evelien Vanlerberghe · General meeting of 31-05-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TRYVAN Houthulst | €4.6m | €2.7m | 36.2% | 18.7 |
| PATOMA Deinze | €6.0m | €2.4m | 65.1% | 17 |
| TRYCOFRESH Staden | €3.0m | €1.8m | 48.6% | 16.2 |
| DEWEJA Sint-Katelijne-Waver | €7.3m | €2.3m | 65.7% | 20.8 |
| TOMALINE Beveren-Kruibeke-Zwijndrecht | €7.2m | €2.2m | 78.2% | 22.3 |
| HUSAGRO Langemark-Poelkapelle | €8.2m | €2.0m | 65.2% | 13.7 |
| DECADT-VERHELST Staden | €2.4m | €1.5m | 80.4% | 27.3 |
These companies have the same main activity as TRYVAN: growing of vegetables, melons, roots and tubers (NACE 01130). They are comparable in size and age: total assets between €2.4m and €8.2m, founded between 2002 and 2010.
Official details
Source: KBO- Status
- Active since 19-03-2008Normal situation
- Activity
- Growing of vegetables, melons, roots and tubersNACE 01130and 1 other
- Establishment unit
- 2.170.121.7118650 Houthulst, since 10-04-2008
- Financial year end
- 31 March
- Peppol
- Reachable since 14-10-2025
Annual accounts to 31-03-2026
- €4.6m▲ 15.8%
- Employeeson 31-03-2026
- 5▲ 25.0%
- Filing
- Filed on 20-10-2026, 11 days before the end of the filing period
Insights on TRYVAN
TRYVAN files the abbreviated format. That format states no turnover. The gross margin rose from €43,448 in 2009 to €2.7m in 2026.
The balance sheet grew most from 2018 to 2019 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TRYVAN
- What is the company number of TRYVAN?
- The company number of TRYVAN is 0896.548.630. The VAT number is the same number with BE in front: BE 0896.548.630.
- Where is TRYVAN based?
- The registered office is at 7e-Geniestraat 40, 8650 Houthulst.Company details
- What does TRYVAN do?
- According to the KBO register, the main activity is growing of vegetables, melons, roots and tubers (NACE 01130).
- What is the legal form of TRYVAN?
- TRYVAN is a private limited company (BV).
- When was TRYVAN founded?
- TRYVAN was founded on 19-03-2008.
- Is TRYVAN still active?
- Yes, TRYVAN is an active enterprise in the KBO register.
- How many employees does TRYVAN have?
- TRYVAN had an average of 18.7 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of TRYVAN?
- The turnover in financial year 2026 is ≈ €4.7m. This figure is estimated from the gross margin of €2.7m and 1,585 comparable companies of the same size. It probably lies between €3.2m and €7.7m. It is a rough estimate.
- Is TRYVAN profitable?
- In financial year 2026, TRYVAN made a profit of €303,642.
- Where can I find the annual accounts of TRYVAN?
- TRYVAN filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of TRYVAN due?
- TRYVAN must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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