TTRB
ActiveSummary
The computed 12-month bankruptcy probability of TTRB is 2.5% (moderate). The 2025 annual accounts show equity of €226,049 and a net result of €95,087. Equity is growing by ~48.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 28184 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+3
Solvency49▼-5
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.92 against 1.09 in 2024; short-term debt: 29.6% and cash: 9.4% of total assets), and 76% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24%
Return on assets
10.1%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
83 d early
2023
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#9 company by total assets in Verlaine, Construction sector
Equity
€226,049▲ 71.5%
2024 · €131,795
Total assets
€941,603▲ 104%
2024 · €461,202
Net result
€95,087▲ 167%
2024 · €35,558
Working capital
-€21,357
2024 · €16,442
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€121,549-€56,911▼ 53.2%€116,135▲ 104%
Net result€94,929-€35,558▼ 62.5%€95,087▲ 167%
Equity€97,096-€131,795▲ 35.7%€226,049▲ 71.5%
Total assets€398,862-€461,202▲ 15.6%€941,603▲ 104%
Debt€301,766-€329,407▲ 9.2%€715,554▲ 117%
Working capital-€38,640-€16,442-€21,357
Staff (FTE)0.1-1.2
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 104% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €941,603
Fixed assets
€684,185 ▲ 164%
Current assets
€257,418 ▲ 27.4%
Equity and liabilities €941,603
Equity
€226,049 ▲ 71.5%
Debt
€715,554 ▲ 117%
Debt's share of the balance-sheet total rises from 71.4% to 76.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€253,995▲
2024 · €144,865
Cash flow
€232,946▲
2024 · €123,512
Current ratio
0.92▼
2024 · 1.09
Quick ratio
0.89▼
2024 · 1.09
Debt to equity
3.17▲
2024 · 2.50
ROE
42.1%▲
2024 · 27.0%
ROA
10.1%▲
2024 · 7.7%
Interest coverage
17.86▲
2024 · 12.03
Debt ≤ 1 year
€278,775▲
2024 · €185,561
Debt > 1 year
€436,778▲
2024 · €143,845
Income taxes
€6,847▼
2024 · €9,666
Staff costs
€35,705
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
3.1%
went bankrupt
1.6%
stopped otherwise
94%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,009 | - | €35,705 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,084 | €87,954 | €137,859 | ▲ 56.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €9,342 | -€9,342 | ▼ 200% |
| Other operating charges640/8 | €6,980 | €10,889 | €10,711 | ▼ 1.6% |
| Gross operating margin9900 | €160,622 | €165,096 | €291,069 | ▲ 76.3% |
| Operating profit (loss)9901 | €121,549 | €56,911 | €116,135 | ▲ 104% |
| Financial income75/76B | €1 | €356 | €19 | ▼ 94.6% |
| Recurring financial income75 | €1 | €356 | €19 | ▼ 94.6% |
| Financial charges65/66B | €2,571 | €12,044 | €14,221 | ▲ 18.1% |
| Recurring financial charges65 | €2,571 | €12,044 | €14,221 | ▲ 18.1% |
| Profit (loss) for the period before taxes9903 | €118,979 | €45,224 | €101,934 | ▲ 125% |
| Income taxes67/77 | €24,050 | €9,666 | €6,847 | ▼ 29.2% |
| Profit (loss) for the period9904 | €94,929 | €35,558 | €95,087 | ▲ 167% |
| Profit (loss) for the period to be appropriated9905 | €94,929 | €35,558 | €95,087 | ▲ 167% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €398,862 | €461,202 | €941,603 | ▲ 104% |
| Fixed assets21/28 | €230,317 | €259,198 | €684,185 | ▲ 164% |
| Intangible fixed assets21 | €1 | €0 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €230,316 | €259,198 | €684,185 | ▲ 164% |
| Land and buildings22 | - | - | €252,568 | - |
| Plant, machinery and equipment23 | €112,831 | €87,221 | €303,812 | ▲ 248% |
| Furniture and vehicles24 | €117,485 | €171,977 | €127,805 | ▼ 25.7% |
| Current assets29/58 | €168,546 | €202,003 | €257,418 | ▲ 27.4% |
| Stocks and contracts in progress3 | - | - | €9,040 | - |
| Stocks30/36 | - | - | €9,040 | - |
| Amounts receivable within one year40/41 | €69,489 | €89,391 | €147,012 | ▲ 64.5% |
| Trade receivables40 | €60,227 | €89,391 | €129,143 | ▲ 44.5% |
| Other amounts receivable41 | €9,262 | €0 | €17,869 | - |
| Cash at bank and in hand54/58 | €88,952 | €100,932 | €88,465 | ▼ 12.4% |
| Deferred charges and accrued income490/1 | €10,105 | €11,681 | €12,900 | ▲ 10.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €398,862 | €461,202 | €941,603 | ▲ 104% |
| Equity10/15 | €97,096 | €131,795 | €226,049 | ▲ 71.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €94,096 | €128,795 | €223,049 | ▲ 73.2% |
| Amounts payable17/49 | €301,766 | €329,407 | €715,554 | ▲ 117% |
| Amounts payable after more than one year17 | €94,580 | €143,845 | €436,778 | ▲ 204% |
| Financial debts170/4 | €94,580 | €143,845 | €436,778 | ▲ 204% |
| Amounts payable within one year42/48 | €207,186 | €185,561 | €278,775 | ▲ 50.2% |
| Current portion of amounts payable after more than one year42 | €29,628 | €60,129 | €116,014 | ▲ 92.9% |
| Trade debts44 | €81,117 | €43,776 | €74,882 | ▲ 71.1% |
| Suppliers440/4 | €81,117 | €43,776 | €74,882 | ▲ 71.1% |
| Advances received on contracts in progress46 | €1,250 | €0 | - | - |
| Taxes, remuneration and social security45 | €33,528 | €22,294 | €27,296 | ▲ 22.4% |
| Taxes450/3 | €33,178 | €22,294 | €18,583 | ▼ 16.6% |
| Remuneration and social security454/9 | €350 | €0 | €8,713 | - |
| Other amounts payable47/48 | €61,664 | €59,363 | €60,584 | ▲ 2.1% |
| Accrued charges and deferred income492/3 | - | €0 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €94,929 | €35,558 | €95,087 | ▲ 167% |
| + Depreciation and write-downs630 | €31,084 | €87,954 | €137,859 | ▲ 56.7% |
| Operating cash flow (approximation) | €126,014 | €123,512 | €232,946 | ▲ 88.6% |
| Investment in fixed assets (approximation) | - | -€116,836 | -€562,846 | ▼ 382% |
| Change in cash | - | €11,980 | -€12,467 | ▼ 204% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €95,087 ▲167%
Net result €95,087, the highest in the series.
31-12
Financial
Equity above €200,000Eq €226,049 ▲71.5%
3 profitable years in a row build equity to €226,049.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €35,558 ▼62.5%
Net result drops to €35,558, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €131,795 ▲35.7%
2 profitable years in a row build equity to €131,795.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Verlaine · 1 establishment unit since 2023
Ground area
1,564 m²
Building footprint
82 m²
Volume, LiDAR
468 m³
Parcel 61063B0348/00C000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TTRB
since 20232.347.808.190
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61063B0348/00C000 | Wallonia | 1,563 m² | 1 · 82 m² | 7.0 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.
Similar companies · same sector, comparable size
Tops en Zoon
BE 0794.826.710
Berlaar · Eq €226,074
Vanduffel Management/Holding
BE 0719.916.182
Hechtel-Eksel · Eq €225,748
TERRAFOR
BE 0834.970.951
Pepinster · Eq €225,679
PLAGYPRO
BE 0825.174.248
Brussel · Eq €224,806
DRIESOENS
BE 0798.994.839
Waregem · Eq €224,800
Of 8,464 companies in sector 43120 we hold annual accounts for 3,232. 2,570 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
Founded29-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
01301Crop and animal production, hunting and related service activities
01500Mixed farming
01610Support activities for crop production
81300Landscape service activities
82990Other business support services
Contact
E-mail
buttiensrom@gmail.com
Phone
0499746686
E-invoicing
Reachable via Peppol
Peppol ID
0208:0803341825
Also
9925:BE0803341825
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.