TRRZ
ActiveTRRZ has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €145k. Equity is shrinking by ~24% per year across the filed fiscal years. Its solvency ranks better than 78% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+63
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 5.06 against 0.57 in 2024; short-term debt: 18.3% and cash: 68% of total assets), and 18.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
81.7%
Return on assets
69.4%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €171k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
7 d early
2023
21 d late
2022
24 d late
2021
12 d late
2020
17 d late
2019
82 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€171k▲ 564%
2024 · €26k
2018: €153k
2019: €160k
2020: €160k
2021: €55k
2022: €59k
2023: €25k
2024: €26k
2018 → 2025
Total assets
€209k▼ 2.0%
2024 · €213k
2018: €265k
2019: €265k
2020: €275k
2021: €120k
2022: €246k
2023: €200k
2024: €213k
2018 → 2025
Net result
€145k▼ 25.2%
2024 · €194k
2018: €81k
2019: €108k
2020: €108k
2021: €92k
2022: €155k
2023: €145k
2024: €194k
2018 → 2025
Working capital
€155k
2024 · €-80k
2018: €135k
2019: €135k
2020: €86k
2021: €43k
2022: €34k
2023: €2k
2024: €-80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€59k▲ 8.6%€25k▼ 57.8%€26k▲ 2.8%€171k▲ 564%
Operating result€118k-€201k▲ 70.1%€189k▼ 5.7%€255k▲ 34.9%€208k▼ 18.4%
Net result€92k-€155k▲ 68.7%€145k▼ 6.5%€194k▲ 33.9%€145k▼ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€15k▼ 85.4%
Current assets
€193k▲ 79.8%
Equity and liabilities €209k
Equity
€171k▲ 564%
Debt
€38k▼ 79.6%
The debt ratio falls from 87.9% to 18.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€213k▼
2024 · €265k
Cash flow
€150k▼
2024 · €203k
Solvency
81.7%▲
2024 · 12.1%
Current ratio
5.06▲
2024 · 0.57
Quick ratio
5.06▲
2024 · 0.57
Debt / equity
0.22▼
2024 · 7.30
ROE
84.9%▼
2024 · 754.4%
ROA
69.4%▼
2024 · 90.9%
Interest coverage
1084.93▼
2024 · 1489.36
Debt
€38k▼
2024 · €187k
Debt ≤ 1 year
€38k▼
2024 · €187k
Income taxes
€63k▲
2024 · €61k
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€213k€209k▼
Fixed assets21/28€105k€15k▼
Tangible fixed assets22/27€105k€15k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€98k€8k▼
Other tangible fixed assets26€5k€5k=
Financial fixed assets28€90€90=
Current assets29/58€108k€193k▲
Amounts receivable within one year40/41€39k€51k▲
Trade receivables40€39k€51k▲
Cash at bank and in hand54/58€68k€142k▲
Deferred charges and accrued income490/1€841€776▼
Equity and liabilities
Total equity and liabilities10/49€213k€209k▼
Equity10/15€26k€171k▲
Contributions10/11€19k€19k=
Reserves13€2k€147k▲
Distributable reserves133€2k€147k▲
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€187k€38k▼
Amounts payable within one year42/48€187k€38k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€26k€35k▲
Taxes450/3€26k€35k▲
Other amounts payable47/48€158k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€23k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k▼
Other operating charges640/8€2k€52k▲
Gross operating margin9900€266k€265k▼
Operating profit (loss)9901€255k€208k▼
Financial charges65/66B€178€196▲
Recurring financial charges65€178€196▲
Profit (loss) for the period before taxes9903€255k€208k▼
Income taxes67/77€61k€63k▲
Profit (loss) for the period9904€194k€145k▼
Profit (loss) for the period to be appropriated9905€194k€145k▼
Appropriation of the result
Profit (loss) to be appropriated9906€198k€150k▼
Profit (loss) brought forward from the previous period14P€5k€5k▲
Transfer to equity691/2-€145k
To other reserves6921-€145k
Profit to be distributed694/7€193k-
Return on contributions (dividend)694€193k-
The notes to these accounts (8 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 9current ratio 5.06
Current ratio from 0.57 to 5.06; short-term debt falls from €187k to €38k.
31-12
Financial
Equity above €150kEq €171k ▲564%
8 profitable years in a row build equity to €171k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €194k ▲33.9%
Operating result €255k, net result €194k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-01-2020
Renaud Rosseel: Resigned as Manager
03-01-2020
Zenzi Rosseel: Resigned as Manager
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2014
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.
Lange Molenstraat 608200 BruggeGround area
527 m²
Building footprint
111 m²
Volume, LiDAR
543 m³
Parcel 31027D0125/00M004, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRRZ
since 20142.237.047.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0125/00M004 | Flanders | 526 m² | 1 · 111 m² | 6.9 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.
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DC One
BE 0781.441.403
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AZPAM
BE 1007.375.187
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ECDA
BE 0898.537.625
Menen · Eq €171k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,668 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68322Real estate appraisal on a fee or contract basis
70100Activities of head offices
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.