TRUST ENGINEERING
A bankruptcy procedure is open for TRUST ENGINEERING according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-578k) and a net result of €-229k.
| Equity | €-578k |
| Net result | €-229k |
| Staff (FTE) | 9.9 |
| Better than sector | 5% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -92.4% | 36.1% | |
| Net result | €-229k | €14k | |
| Equity | €-578k | €89k | |
| Gross operating margin | €552k | €74k | |
| Staff costs | €703k | €178k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-184k |
| Net profit | €-229k |
| Cash flow | €-224k |
| Staff costs | €703k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €625k |
| Equity | €-578k |
| Debt | €1.20M |
| of which ≤ 1y | €977k |
| of which > 1y | €226k |
| Working capital | €-370k |
| Employees (FTE) | 9.9 |
| 2024 | |
|---|---|
| Current ratio | 0.62 |
| Quick ratio | 0.62 |
| Working capital ratio | -59.2% |
| Solvency | -92.4% |
| Debt / equity | -2.08 |
| Long-term debt ratio | -0.39 |
| Interest coverage | -5.02 |
| Gross margin | - |
| Net margin | - |
| ROA | -36.7% |
| ROE | 39.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €625k |
| Fixed assets | 21/28 | €18k |
| Intangible fixed assets | 21 | €931 |
| Tangible fixed assets | 22/27 | €13k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €607k |
| Amounts receivable within one year | 40/41 | €562k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €625k |
| Equity | 10/15 | €-578k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €13k |
| Accumulated profits (losses) | 14 | €-611k |
| Amounts payable | 17/49 | €1.20M |
| Amounts payable after one year | 17 | €226k |
| Amounts payable within one year | 42/48 | €977k |
| Trade debts payable within one year | 44 | €321k |
| Income statement | ||
| Gross operating margin | 9900 | €552k |
| Operating result | 9901 | €-190k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €37k |
| Result before taxes | 9903 | €-226k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €-229k |
| Result to be appropriated | 9905 | €-229k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ANNELIES HELLEMANS NEETWEG 24, 2220 HEIST-OP-
DEN-BERG |
26-01-2026 → present | Belgian State Gazette |
| NACE primary | Engineering activities(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 18-12-2012 |
| Status | Active |
| Postal code | 2270 |
| First BS signal | 30-01-2026 |
| Latest BS signal | 30-01-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13012A0524/00G000 | Flanders | 5,185 m² | 1 · 1,278 m² | 5.2 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-12-2024 Registered office moved from Mechelen to Herenthout
- Battelsesteenweg 455 E, 2800 Mechelen, België → Atealaan 1. 2270 Herenthout.
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Atealaan 1.\n2270 Herenthout.",
"city": "Herenthout",
"region": "vlaams_gewest",
"street": "Atealaan",
"country": "BE",
"postcode": "2270",
"box_number": null,
"street_number": "1",
"locality_suffix": null
},
"old_address": {
"raw": "Battelsesteenweg 455 E, 2800 Mechelen, Belgi\u00EB",
"city": "Mechelen",
"region": "vlaams_gewest",
"street": "Battelsesteenweg",
"country": "BE",
"postcode": "2800",
"box_number": "E",
"street_number": "455",
"locality_suffix": null
},
"effective_date": "2024-12-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
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}
],
"notary": {
"name": null,
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"firm_name": null,
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"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-12-19",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-12-12",
"unanimous": true
},
"subject_company": {
"kbo": "0508.690.269",
"name_full": "Trust Engineering",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Acco Accountantskantoor BV",
"person_name": null,
"org_rep_person_name": "Geert Famaey",
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}03-10-2024 2 resigning
- KETELE Walter Peter Jeanne, Bestuurder
- MANSCHOT Alexandra Louise Johanna, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "KETELE Walter Peter Jeanne",
"address": "2222 Heist-op-den-Berg (Itegem), Lenkestraat (ITE) 21",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "pending_next_agm",
"mandate_duration": {
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},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "MANSCHOT Alexandra Louise Johanna",
"address": "2222 Heist-op-den-Berg (Itegem), Lenkestraat(ITE) 21",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "pending_next_agm",
"mandate_duration": {
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},
"rep_rotation_new_rep": null,
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"effective_date_qualifier": null
}
],
"notary": {
"name": "Jan Rochtus",
"firm_city": null,
"firm_name": null,
"office_city": "Zandhoven",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-10-03",
"filing_date": "2024-10-01",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-09-17",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0508.690.269",
"name_full": "TRUST ENGINEERING",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jan Rochtus",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"afschrift van het proces-verbaal van buitengewone algemene vergadering",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}24-10-2023 Registered office moved from Wijnegem to Mechelen
- Stokerijstraat 29D bus 8, 2110 Wijnegem, Belgie → Battelsesteenweg 455E 2800 Mechelen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Battelsesteenweg 455E 2800 Mechelen",
"city": "Mechelen",
"region": "vlaams_gewest",
"street": "Battelsesteenweg",
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": "455E",
"locality_suffix": null
},
"old_address": {
"raw": "Stokerijstraat 29D bus 8, 2110 Wijnegem, Belgie",
"city": "Wijnegem",
"region": "vlaams_gewest",
"street": "Stokerijstraat",
"country": "BE",
"postcode": "2110",
"box_number": "8",
"street_number": "29D",
"locality_suffix": null
},
"effective_date": "2023-10-06",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-10-24",
"filing_date": "2023-10-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-10-06",
"unanimous": null
},
"subject_company": {
"kbo": "0508.690.269",
"name_full": "Trust Engineering",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Acco Accountantskantoor BV",
"person_name": null,
"org_rep_person_name": "Cyriel Cornelis",
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | TRUST ENGINEERING |