TR SOLUTIONS INTERNATIONAL
ActiveSummary
TR SOLUTIONS INTERNATIONAL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165k and a net result of €-11k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 12.18 against 10.45 in 2024; short-term debt: 8.1% and cash: 70.9% of total assets), and 8.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-11k
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 · 5 filingsDeviation from the deadline
2025
18 d early
2024
37 d early
2023
7 d early
2022
24 d late
2021
24 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€165k▼ 17.5%
2024 · €200k
2021: €108k
2022: €160k
2023: €222k
2024: €200k
2021 → 2025
Total assets
€179k▼ 18.7%
2024 · €221k
2021: €163k
2022: €230k
2023: €286k
2024: €221k
2021 → 2025
Net result
€-11k▲ 47.2%
2024 · €-22k
2021: €107k
2022: €52k
2023: €62k
2024: €-22k
2021 → 2025
Working capital
€163k▼ 17.4%
2024 · €197k
2021: €102k
2022: €160k
2023: €222k
2024: €197k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€160k▲ 47.9%€222k▲ 38.7%€200k▼ 9.8%€165k▼ 17.5%
Operating result€143k-€62k▼ 56.6%€78k▲ 26.1%€-25k€-9k▲ 62.0%
Net result€107k-€52k▼ 51.6%€62k▲ 19.4%€-22k€-11k▲ 47.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€2k ▼ 21.0%
Current assets
€177k ▼ 18.6%
Equity and liabilities €179k
Equity
€165k ▼ 17.5%
Debt
€15k ▼ 30.2%
Debt's share of the balance-sheet total falls from 9.4% to 8.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▲
2024 · €-24k
Cash flow
€-11k▲
2024 · €-22k
Current ratio
12.18▲
2024 · 10.45
Quick ratio
10.82▲
2024 · 9.54
Debt to equity
0.09▼
2024 · 0.10
ROE
-6.9%▲
2024 · -10.8%
ROA
-6.4%▲
2024 · -9.8%
Interest coverage
-3.21▲
2024 · -43.40
Debt ≤ 1 year
€15k▼
2024 · €21k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€221k€179k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Land and buildings22€3k€2k▼
Current assets29/58€218k€177k▼
Stocks and contracts in progress3€19k€20k▲
Stocks30/36€19k€20k▲
Amounts receivable within one year40/41€50k€26k▼
Trade receivables40€25k€18k▼
Other amounts receivable41€24k€9k▼
Cash at bank and in hand54/58€148k€127k▼
Deferred charges and accrued income490/1€557€4k▲
Equity and liabilities
Total equity and liabilities10/49€221k€179k▼
Equity10/15€200k€165k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€199k€164k▼
Amounts payable17/49€21k€15k▼
Amounts payable within one year42/48€21k€15k▼
Trade debts44€18k€13k▼
Suppliers440/4€18k€13k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€0-
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155€639▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0▼
Other operating charges640/8€553€400▼
Gross operating margin9900€-23k€-8k▲
Operating profit (loss)9901€-25k€-9k▲
Financial income75/76B€3k€592▼
Recurring financial income75€3k€592▼
Financial charges65/66B€561€3k▲
Recurring financial charges65€561€3k▲
Profit (loss) for the period before taxes9903€-22k€-11k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-22k€-11k▲
Profit (loss) for the period to be appropriated9905€-22k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€199k€187k▼
Profit (loss) brought forward from the previous period14P€221k€199k▼
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-22k ▼135%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 10.45
Current ratio from 4.45 to 10.45; short-term debt falls from €64k to €21k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €222k ▲38.7%
3 profitable years in a row build equity to €222k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €150kEq €160k ▲47.9%
2 profitable years in a row build equity to €160k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Meise · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bruinborrelaan 251860 MeiseGround area
1.8 ha
Building footprint
5,751 m²
Volume, LiDAR
38,630 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TR SOLUTIONS INTERNATIONAL
since 20202.300.499.510
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030D0563/00N000 | Flanders | 1.6 ha | 1 · 5,450 m² | 10.8 m · 2 fl. |
| 23050F0197/00Y000 | Flanders | 2,286 m² | 1 · 301 m² | 10.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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THERMOSOLUTIONS
BE 0425.526.330
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D.D.V.
BE 0433.048.778
Poperinge · Eq €165,871
2412
BE 0842.153.703
Heusden-Zolder · Eq €163,833
VORMA
BE 0458.305.501
Wuustwezel · Eq €166,095
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,908 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.