TRO DO WAY
ActiveSummary
TRO DO WAY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €12k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+2
Solvency45▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.07 in 2024; short-term debt: 41.1% and cash: 8% of total assets), and 79.9% of the assets are financed with debt.
Credit check 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
20.1%
Return on assets
2.5%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-02-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 d late
2024
5 d late
2023
10 d early
2022
1 d early
2021
4 d early
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€92k▲ 14.5%
2024 · €81k
2019: €26k
2020: €27k
2021: €47k
2022: €55k
2023: €66k
2024: €81k
2019 → 2025
Total assets
€460k▲ 18.8%
2024 · €388k
2019: €374k
2020: €391k
2021: €399k
2022: €388k
2023: €380k
2024: €388k
2019 → 2025
Net result
€12k▼ 22.3%
2024 · €15k
2019: €-6k
2020: €1k
2021: €20k
2022: €8k
2023: €11k
2024: €15k
2019 → 2025
Working capital
€-152k▼ 42.4%
2024 · €-107k
2019: €-40k
2020: €-72k
2021: €-73k
2022: €-75k
2023: €-73k
2024: €-107k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€55k▲ 17.8%€66k▲ 19.7%€81k▲ 23.0%€92k▲ 14.5%
Operating result€39k-€24k▼ 39.0%€28k▲ 18.7%€33k▲ 16.7%€27k▼ 16.5%
Net result€20k-€8k▼ 57.9%€11k▲ 30.5%€15k▲ 39.4%€12k▼ 22.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460k
Fixed assets
€423k ▲ 11.6%
Current assets
€37k ▲ 360%
Equity and liabilities €460k
Equity
€92k ▲ 14.5%
Debt
€368k ▲ 19.9%
Debt's share of the balance-sheet total rises from 79.2% to 79.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▼
2024 · €55k
Cash flow
€37k▲
2024 · €37k
Current ratio
0.20▲
2024 · 0.07
Debt to equity
3.98▲
2024 · 3.80
ROE
12.7%▼
2024 · 18.7%
ROA
2.5%▼
2024 · 3.9%
Interest coverage
4.68▲
2024 · 4.24
Debt ≤ 1 year
€189k▲
2024 · €115k
Debt > 1 year
€179k▼
2024 · €192k
Income taxes
€4k▼
2024 · €5k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€388k€460k▲
Fixed assets21/28€379k€423k▲
Tangible fixed assets22/27€379k€423k▲
Land and buildings22€350k€337k▼
Plant, machinery and equipment23€29k€76k▲
Furniture and vehicles24-€10k
Current assets29/58€8k€37k▲
Amounts receivable within one year40/41€577€26▼
Trade receivables40€350-
Other amounts receivable41€227€26▼
Cash at bank and in hand54/58€7k€37k▲
Equity and liabilities
Total equity and liabilities10/49€388k€460k▲
Equity10/15€81k€92k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€56k€67k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€54k€66k▲
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€307k€368k▲
Amounts payable after more than one year17€192k€179k▼
Financial debts170/4€192k€179k▼
Amounts payable within one year42/48€115k€189k▲
Current portion of amounts payable after more than one year42€22k€26k▲
Trade debts44€5k€24k▲
Suppliers440/4€5k€24k▲
Advances received on contracts in progress46-€27k
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Other amounts payable47/48€81k€106k▲
Income statement
Code20242025
Non-recurring operating income76A€10k-
Goods, raw materials, services and sundry goods60/61€92k€121k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€25k▲
Other operating charges640/8€8k€7k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€63k€59k▼
Operating profit (loss)9901€33k€27k▼
Financial income75/76B€17€0▼
Recurring financial income75€17€0▼
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Profit (loss) for the period before taxes9903€20k€16k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€15k€12k▼
Profit (loss) for the period to be appropriated9905€15k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€18k▼
Profit (loss) brought forward from the previous period14P€6k€6k=
Transfer to equity691/2€15k€12k▼
To other reserves6921€15k€12k▼
The notes to these accounts (9 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
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
2024
21-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €20k ▲1746%
Operating result €39k, net result €20k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
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.
Directors · office · real estate
Directors
10 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, Bastogne · 1 establishment unit since 2011
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.
Rue Trô do Wé(Bertogne) 26687 BastogneGround area
114 m²
Building footprint
129 m²
Volume, LiDAR
541 m³
Parcel 82005B0256/00Y003, Wallonia · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TRO DO WAY
since 20112.206.301.820
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82005B0256/00Y003 | Wallonia | 113 m² | 1 · 129 m² | 9.1 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBertogne2.206.301.820
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Of 441 companies in sector 55300 we hold annual accounts for 292. 203 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 (pre-2019)
Founded02-06-2008
Fiscal year end30-06
Activities, NACEBEL 2025
55300Accommodation
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.