TREBOL ENGINEERING
ActiveTREBOL ENGINEERING has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €319k and a net result of €-21k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency54▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.63 in 2024), and 62.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
37.5%
Return on assets
-2.5%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€21k
neutral · Filed after the deadline
The financial year that closed on 01-01-2025 was due by 01-08-2025 and was filed on 21-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2026
not confirmed
2025
20 d late
2024
8 d late
2023
12 d early
2022
30 d late
2021
39 d early
2020
47 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€319k▼ 6.2%
2024 · €340k
2019: €72k
2020: €104k
2021: €199k
2022: €435k
2023: €464k
2024: €340k
2019 → 2025
Total assets
€851k▼ 2.9%
2024 · €876k
2019: €118k
2020: €140k
2021: €492k
2022: €1.00M
2023: €995k
2024: €876k
2019 → 2025
Net result
€-21k▲ 83.0%
2024 · €-123k
2019: €41k
2020: €32k
2021: €95k
2022: €237k
2023: €24k
2024: €-123k
2019 → 2025
Working capital
€-31k▲ 38.1%
2024 · €-50k
2019: €46k
2020: €85k
2021: €157k
2022: €33k
2023: €12k
2024: €-50k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€199k-€435k▲ 118%€464k▲ 6.8%€340k▼ 26.7%€319k▼ 6.2%
Operating result€104k-€248k▲ 139%€31k▼ 87.6%€-113k€-22k▲ 80.6%
Net result€95k-€237k▲ 150%€24k▼ 89.9%€-123k€-21k▲ 83.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €113k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €851k
Fixed assets
€729k▼ 7.9%
Current assets
€122k▲ 44.1%
Equity and liabilities €851k
Equity
€319k▼ 6.2%
Debt
€531k▼ 0.8%
The debt ratio rises from 61.2% to 62.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€81k▲
2024 · €-17k
Cash flow
€82k▲
2024 · €-27k
Solvency
37.5%▼
2024 · 38.8%
Current ratio
0.80▲
2024 · 0.63
Quick ratio
0.80▲
2024 · 0.63
Debt / equity
1.66▲
2024 · 1.57
ROE
-6.6%▲
2024 · -36.1%
ROA
-2.5%▲
2024 · -14.0%
Interest coverage
6.56▲
2024 · -1.70
Debt
€531k▼
2024 · €536k
Debt ≤ 1 year
€153k▲
2024 · €134k
Debt > 1 year
€370k▼
2024 · €398k
Income taxes
€153▼
2024 · €374
Staff costs
€4k▼
2024 · €103k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€876k€851k▼
Fixed assets21/28€792k€729k▼
Intangible fixed assets21€164k€110k▼
Tangible fixed assets22/27€628k€619k▼
Land and buildings22€609k€577k▼
Plant, machinery and equipment23€14k€38k▲
Furniture and vehicles24€5k€4k▼
Current assets29/58€85k€122k▲
Amounts receivable within one year40/41€67k€42k▼
Trade receivables40€65k€39k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€15k€79k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€876k€851k▼
Equity10/15€340k€319k▼
Contributions10/11€19k€19k=
Reserves13€322k€301k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€322k€301k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€536k€531k▼
Amounts payable after more than one year17€398k€370k▼
Financial debts170/4€398k€370k▼
Amounts payable within one year42/48€134k€153k▲
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€19k€3k▼
Suppliers440/4€19k€3k▼
Taxes, remuneration and social security45€27k€29k▲
Taxes450/3€12k€21k▲
Remuneration and social security454/9€15k€8k▼
Other amounts payable47/48€60k€93k▲
Accrued charges and deferred income492/3€4k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€103k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€103k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€88k€89k▲
Operating profit (loss)9901€-113k€-22k▲
Financial income75/76B€13€13k▲
Recurring financial income75€13€417▲
Non-recurring financial income76B-€13k
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€-122k€-21k▲
Income taxes67/77€374€153▼
Profit (loss) for the period9904€-123k€-21k▲
Profit (loss) for the period to be appropriated9905€-123k€-21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-123k€-21k▲
Transfer from equity791/2€124k€21k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
01-01
Financial
Weakest financial yearnet €-123k ▼613%
Net result drops to €-123k, the lowest in the series; recovery starts the following year.
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
01-01
Financial
Highest result since 2019net €237k ▲150%
Operating result €248k, net result €237k, both a record.
01-01
Financial
Equity above €200kEq €435k ▲118%
4 profitable years in a row build equity to €435k.
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
01-01
Financial
Equity above €150kEq €199k ▲90.9%
3 profitable years in a row build equity to €199k.
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
01-01
Financial
Equity above €100kEq €104k ▲44.3%
2 profitable years in a row build equity to €104k.
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Merchtem · 1 establishment unit since 2016
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.
Polderstraat 41785 MerchtemGround area
1,283 m²
Building footprint
156 m²
Volume, LiDAR
906 m³
Parcel 23012D0198/00A002, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TREBOL ENGINEERING
since 20162.255.960.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23012D0198/00A002 | Flanders | 1,283 m² | 1 · 156 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 · 4 entries · 148,227 EUR awarded · 148,227 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -222,941 EUR | 0 EUR |
| 2023 | 2 | 370,941 EUR | 148,227 EUR |
| 2022 | 1 | 227 EUR | 0 EUR |
Schemes
Ontwikkelingsproject
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 37,619 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2016
Fiscal year end01-01
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.