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TRYVAN

Active
Private limited companyfounded 200818 yrs active7e-Geniestraat 40, 8650 Houthulst, BelgiumKBO/BCE: BE 0896.548.630
Summary

TRYVAN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.37M and a net result of €312k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability78=
Solvency59▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.94 in 2024; short-term debt: 24.8% and cash: 6.5% of total assets), and 65.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34.3%
Return on assets
7.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-10-2025, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
34 d early
2023
1 d early
2022
5 d early
2021
10 d late
2020
1 d early
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
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 2025, abbreviated schema

Equity
€1.37M▲ 29.4%
2024 · €1.06M
2019: €479klowest in 7 years 2020: €638k▲ +33.4% vs 2019 2021: €704k▲ +10.4% vs 2020 2022: €717k▲ +1.8% vs 2021 2023: €783k▲ +9.1% vs 2022 2024: €1.06M▲ +35.5% vs 2023 2025: €1.37M▲ +29.4% vs 2024highest in 7 years
2019 → 2025
Total assets
€4.00M▼ 8.0%
2024 · €4.35M
2019: €3.25M 2020: €3.18M▼ -2.2% vs 2019lowest in 7 years 2021: €3.27M▲ +2.9% vs 2020 2022: €3.66M▲ +12.0% vs 2021 2023: €3.55M▼ -3.1% vs 2022 2024: €4.35M▲ +22.7% vs 2023highest in 7 years 2025: €4.00M▼ -8.0% vs 2024
2019 → 2025
Net result
€312k▼ 4.9%
2024 · €328k
2019: €83k 2020: €160k▲ +93.5% vs 2019 2021: €66k▼ -58.5% vs 2020 2022: €13k▼ -80.7% vs 2021lowest in 7 years 2023: €65k▲ +412% vs 2022 2024: €328k▲ +401% vs 2023highest in 7 years 2025: €312k▼ -4.9% vs 2024
2019 → 2025
Working capital
€-108k▼ 11.4%
2024 · €-97k
2019: €-296k 2020: €-127k▲ +57.2% vs 2019 2021: €-157k▼ -23.8% vs 2020 2022: €-326k▼ -107% vs 2021lowest in 7 years 2023: €-134k▲ +58.8% vs 2022 2024: €-97k▲ +27.9% vs 2023highest in 7 years 2025: €-108k▼ -11.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€704k-€717k▲ 1.8%€783k▲ 9.1%€1.06M▲ 35.5%€1.37M▲ 29.4% 2021: €704klowest in 5 years 2022: €717k▲ +1.8% vs 2021 2023: €783k▲ +9.1% vs 2022 2024: €1.06M▲ +35.5% vs 2023 2025: €1.37M▲ +29.4% vs 2024highest in 5 years
Operating result€53k-€68k▲ 30.4%€135k▲ 97.0%€447k▲ 231%€470k▲ 5.2% 2021: €53klowest in 5 years 2022: €68k▲ +30.4% vs 2021 2023: €135k▲ +97.0% vs 2022 2024: €447k▲ +231% vs 2023 2025: €470k▲ +5.2% vs 2024highest in 5 years
Net result€66k-€13k▼ 80.7%€65k▲ 412%€328k▲ 401%€312k▼ 4.9% 2021: €66k 2022: €13k▼ -80.7% vs 2021lowest in 5 years 2023: €65k▲ +412% vs 2022 2024: €328k▲ +401% vs 2023highest in 5 years 2025: €312k▼ -4.9% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €53k€53kNet result 2021: €66k€66kOperating result 2022: €68k€68kNet result 2022: €13k€13kOperating result 2023: €135k€135kNet result 2023: €65k€65kOperating result 2024: €447k€447kNet result 2024: €328k€328kOperating result 2025: €470k€470kNet result 2025: €312k€312k20212022202320242025€0€200k€400kOperating result 2023: €135k€135kNet result 2023: €65k€65kOperating result 2024: €447k€447kNet result 2024: €328k€328kOperating result 2025: €470k€470kNet result 2025: €312k€312k202320242025
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.00M
Fixed assets €3.12M ▲ 9.4%
Current assets €884k ▼ 41.1%
Equity and liabilities €4.00M
Equity €1.37M ▲ 29.4%
Debt €2.63M ▼ 20.1%
Debt's share of the balance-sheet total falls from 75.6% to 65.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.15M▲
2024 · €926k
Cash flow
€995k▲
2024 · €807k
Current ratio
0.89▼
2024 · 0.94
Quick ratio
0.69▼
2024 · 0.91
Debt to equity
1.92▼
2024 · 3.10
ROE
22.7%▼
2024 · 30.9%
ROA
7.8%▲
2024 · 7.5%
Interest coverage
11.35▲
2024 · 9.73
Debt ≤ 1 year
€992k▼
2024 · €1.60M
Debt > 1 year
€1.63M▼
2024 · €1.68M
Income taxes
€75k▲
2024 · €30k
Staff costs
€926k▲
2024 · €817k
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 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.35M€4.00M▼
Fixed assets21/28€2.85M€3.12M▲
Tangible fixed assets22/27€2.80M€3.07M▲
Land and buildings22€1.03M€1.09M▲
Plant, machinery and equipment23€1.67M€1.81M▲
Furniture and vehicles24€100k€173k▲
Financial fixed assets28€47k€47k=
Current assets29/58€1.50M€884k▼
Stocks and contracts in progress3€48k€204k▲
Stocks30/36€48k€204k▲
Amounts receivable within one year40/41€795k€396k▼
Trade receivables40€559k€194k▼
Other amounts receivable41€236k€203k▼
Cash at bank and in hand54/58€633k€260k▼
Deferred charges and accrued income490/1€27k€24k▼
Equity and liabilities
Total equity and liabilities10/49€4.35M€4.00M▼
Equity10/15€1.06M€1.37M▲
Contributions10/11€40k€40k=
Reserves13€1.02M€1.33M▲
Non-distributable reserves130/1€4k€0▼
Reserves not available under the articles1311€4k€0▼
Distributable reserves133€1.02M€1.33M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€3.29M€2.63M▼
Amounts payable after more than one year17€1.68M€1.63M▼
Financial debts170/4€1.68M€1.63M▼
Amounts payable within one year42/48€1.60M€992k▼
Current portion of amounts payable after more than one year42€512k€573k▲
Financial debts43€700k€0▼
Credit institutions430/8€700k€0▼
Trade debts44€366k€390k▲
Suppliers440/4€366k€390k▲
Taxes, remuneration and social security45€5k€22k▲
Taxes450/3€1k€6k▲
Remuneration and social security454/9€4k€16k▲
Other amounts payable47/48€16k€7k▼
Accrued charges and deferred income492/3€16k€7k▼
Income statement Code20242025
Remuneration, social security and pensions62€817k€926k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€479k€683k▲
Other operating charges640/8€19k€57k▲
Gross operating margin9900€1.76M€2.14M▲
Operating profit (loss)9901€447k€470k▲
Financial income75/76B€6k€18k▲
Recurring financial income75€6k€18k▲
Financial charges65/66B€95k€102k▲
Recurring financial charges65€95k€102k▲
Profit (loss) for the period before taxes9903€358k€387k▲
Income taxes67/77€30k€75k▲
Profit (loss) for the period9904€328k€312k▼
Profit (loss) for the period to be appropriated9905€328k€312k▼
Appropriation of the result
Profit (loss) to be appropriated9906€328k€312k▼
Transfer from equity791/2€50k€0▼
Transfer to equity691/2€328k€312k▼
To other reserves6921€328k€312k▼
Profit to be distributed694/7€50k€0▼
Return on contributions (dividend)694€50k€0▼
Social balance
Average headcount (FTE)908735.235.8▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A-€0----
Remuneration, social security and pensions62-€674k€540k€817k€926k▲ 13.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€456k€546k€497k€479k€683k▲ 42.5%
Other operating charges640/8-€22k€14k€19k€57k▲ 198%
Gross operating margin9900€1.13M€1.31M€1.19M€1.76M€2.14M▲ 21.2%
Operating profit (loss)9901€53k€68k€135k€447k€470k▲ 5.2%
Financial income75/76B-€7k€6k€6k€18k▲ 182%
Recurring financial income75€72k€7k€6k€6k€18k▲ 182%
Financial charges65/66B-€62k€68k€95k€102k▲ 6.7%
Recurring financial charges65€53k€62k€68k€95k€102k▲ 6.7%
Profit (loss) for the period before taxes9903€71k€13k€72k€358k€387k▲ 8.0%
Income taxes67/77€5k€159€7k€30k€75k▲ 148%
Profit (loss) for the period9904€66k€13k€65k€328k€312k▼ 4.9%
Transfer from tax-exempt reserves789-€38k€0---
Profit (loss) for the period to be appropriated9905€66k€50k€65k€328k€312k▼ 4.9%
Line20212022202320242025Change
Assets
Total assets20/58€3.27M€3.66M€3.55M€4.35M€4.00M▼ 8.0%
Fixed assets21/28€2.33M€2.59M€2.38M€2.85M€3.12M▲ 9.4%
Tangible fixed assets22/27€2.29M€2.54M€2.33M€2.80M€3.07M▲ 9.6%
Land and buildings22-€1.28M€1.13M€1.03M€1.09M▲ 5.4%
Plant, machinery and equipment23-€1.22M€1.11M€1.67M€1.81M▲ 8.3%
Furniture and vehicles24-€35k€90k€100k€173k▲ 73.5%
Financial fixed assets28€47k€47k€47k€47k€47k=
Current assets29/58€936k€1.07M€1.17M€1.50M€884k▼ 41.1%
Stocks and contracts in progress3€65k€204k€88k€48k€204k▲ 327%
Stocks30/36-€204k€88k€48k€204k▲ 327%
Amounts receivable within one year40/41€456k€657k€805k€795k€396k▼ 50.1%
Trade receivables40-€387k€578k€559k€194k▼ 65.3%
Other amounts receivable41-€270k€227k€236k€203k▼ 14.2%
Cash at bank and in hand54/58€404k€191k€231k€633k€260k▼ 59.0%
Deferred charges and accrued income490/1-€22k€42k€27k€24k▼ 9.0%
Equity and liabilities
Total equity and liabilities10/49€3.27M€3.66M€3.55M€4.35M€4.00M▼ 8.0%
Equity10/15€704k€717k€783k€1.06M€1.37M▲ 29.4%
Contributions10/11-€40k€40k€40k€40k=
Reserves13€664k€677k€743k€1.02M€1.33M▲ 30.6%
Non-distributable reserves130/1-€4k€4k€4k€0▼ 100%
Reserves not available under the articles1311-€4k€4k€4k€0▼ 100%
Tax-exempt reserves132-€0----
Distributable reserves133-€673k€739k€1.02M€1.33M▲ 31.1%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€2.56M€2.94M€2.76M€3.29M€2.63M▼ 20.1%
Amounts payable after more than one year17€1.47M€1.54M€1.45M€1.68M€1.63M▼ 2.7%
Financial debts170/4-€1.54M€1.45M€1.68M€1.63M▼ 2.7%
Amounts payable within one year42/48€1.09M€1.40M€1.30M€1.60M€992k▼ 38.0%
Current portion of amounts payable after more than one year42-€451k€346k€512k€573k▲ 11.9%
Financial debts43-€705k€700k€700k€0▼ 100%
Credit institutions430/8-€705k€700k€700k€0▼ 100%
Trade debts44€43k€202k€206k€366k€390k▲ 6.6%
Suppliers440/4-€202k€206k€366k€390k▲ 6.6%
Taxes, remuneration and social security45-€18k€23k€5k€22k▲ 317%
Taxes450/3-€733€10k€1k€6k▲ 341%
Remuneration and social security454/9-€17k€13k€4k€16k▲ 309%
Other amounts payable47/48-€24k€25k€16k€7k▼ 53.1%
Accrued charges and deferred income492/3--€13k€16k€7k▼ 57.5%
Line20212022202320242025Change
Profit (loss) for the period9904€66k€13k€65k€328k€312k▼ 4.9%
+ Depreciation and write-downs630€456k€546k€497k€479k€683k▲ 42.5%
Operating cash flow (approximation)€522k€558k€562k€807k€995k▲ 23.3%
Investment in fixed assets (approximation)-€-800k€-291k€-950k€-951k▼ 0.2%
Change in cash-€-213k€41k€402k€-373k▼ 193%

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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
14-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
27-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Highest result since 2019net €328k ▲401%
Net result €328k, the highest in the series.
31-03
Financial Equity above €1MEq €1.06M ▲35.5%
6 profitable years in a row build equity to €1.06M.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial Weakest financial yearnet €13k ▼80.7%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
2021
10-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Equity above €500kEq €638k ▲33.4%
2 profitable years in a row build equity to €638k.
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Houthulst · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
7,304 m²
Building footprint
218 m²
Volume, LiDAR
1,049 m³
Parcel 32006D0002/00P002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
TRYVAN
7e-Geniestraat 40, 8650 HouthulstSupport activities for crop production
since 20082.170.121.711
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32006D0002/00P002 Flanders 7,304 m² 1 · 218 m² 8.4 m · 2 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 · 8 entries · 150,278 EUR awarded · 137,778 EUR paid
Year Entries awardedpaid
2025 2 -6,303 EUR10,872 EUR
2024 1 34,350 EUR17,175 EUR
2023 1 56,123 EUR56,123 EUR
2022 4 66,108 EUR53,608 EUR
Schemes
Investeringssteun voor land- en tuinbouwers
2 entries · 76,719 EUR · 76,719 EUR paid · Vlaams Landbouwinvesteringsfonds
Projectsteun voor innovaties in de landbouw
1 entry · 32,928 EUR · 32,928 EUR paid · Vlaams Landbouwinvesteringsfonds
O&O-haalbaarheidsstudie
3 entries · 28,047 EUR · 28,047 EUR paid · Fonds voor Innoveren en Ondernemen
Call groene stroom (stopgezet)
1 entry · 12,500 EUR · Vlaams Energie- en Klimaatagentschap
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 84 EUR · 84 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Houthulst2.170.121.711
3 permissions
Toelating · Boerderij - invoer gewasbeschermingsmiddelen · since 15-03-2011
Boerderij - akkerbouw · since 12-06-2009
Groententeeltbedrijf · since 12-06-2009

Similar companies · same sector, comparable size

Of 3,622 companies in sector 01130 we hold annual accounts for 789. 565 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
Founded19-03-2008
Fiscal year end31-03
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01610Support activities for crop production

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