TRUST @ WORK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 8018 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-04-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
23 d early
2023
10 d early
2022
3 d early
2021
30 d early
2020
35 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 226%
2024 · €2k
2018: €22k
2019: €40k
2020: €60k
2021: €80k
2022: €86k
2023: €56k
2024: €2k
2018 → 2025
Net result
€5k
2024 · €-54k
2018: €10k
2019: €18k
2020: €20k
2021: €22k
2022: €6k
2023: €-30k
2024: €-54k
2018 → 2025
Total assets
€20k▲ 13.4%
2024 · €17k
2018: €95k
2019: €118k
2020: €132k
2021: €153k
2022: €155k
2023: €74k
2024: €17k
2018 → 2025
Solvency
38.9%▲ 25.3pp
2024 · 13.5%
2018: 23.6%
2019: 33.9%
2020: 45.0%
2021: 52.6%
2022: 55.9%
2023: 76.1%
2024: 13.5%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€86k▲ 7.6%€56k▼ 35.1%€2k▼ 95.8%€8k▲ 226%
Operating result€33k-€13k▼ 61.6%€-30k€-54k▼ 77.2%€5k
Net result€22k-€6k▼ 71.7%€-30k€-54k▼ 76.9%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €54k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €20k
Equity
€8k▲ 226%
Debt
€12k▼ 19.9%
The debt ratio falls from 86.5% to 61.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
38.9%▲
2024 · 13.5%
ROE
69.3%
ROA
26.9%▲
2024 · -307.0%
Debt
€12k▼
2024 · €15k
Debt ≤ 1 year
€12k▼
2024 · €15k
Income taxes
€0▼
2024 · €6
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€17k€20k▲
Fixed assets21/28€2k€0▼
Tangible fixed assets22/27€2k€0▼
Furniture and vehicles24€2k€0▼
Current assets29/58€15k€20k▲
Amounts receivable within one year40/41€1k€47▼
Other amounts receivable41€1k€47▼
Cash at bank and in hand54/58€14k€20k▲
Deferred charges and accrued income490/1€166€0▼
Equity and liabilities
Total equity and liabilities10/49€17k€20k▲
Equity10/15€2k€8k▲
Contributions10/11€50k€50k=
Reserves13€36k€36k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€-84k€-79k▲
Amounts payable17/49€15k€12k▼
Amounts payable within one year42/48€15k€12k▼
Trade debts44€3k€395▼
Suppliers440/4€3k€395▼
Taxes, remuneration and social security45€6€0▼
Taxes450/3€6€0▼
Other amounts payable47/48€12k€12k▼
Income statement
Code20242025
Non-recurring operating income76A€11€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€769€0▼
Other operating charges640/8€2k€540▼
Non-recurring operating charges66A€27k€0▼
Gross operating margin9900€-24k€6k▲
Operating profit (loss)9901€-54k€5k▲
Financial charges65/66B€147€130▼
Recurring financial charges65€147€130▼
Profit (loss) for the period before taxes9903€-54k€5k▲
Income taxes67/77€6€0▼
Profit (loss) for the period9904€-54k€5k▲
Transfer from tax-exempt reserves789€22€0▼
Profit (loss) for the period to be appropriated9905€-54k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-79k▲
Profit (loss) brought forward from the previous period14P€-30k€-84k▼
The notes to these accounts (5 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
26-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
20-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €22k ▲9.7%
Operating result €33k, net result €22k, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-04
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
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2008
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.
Kalvekeetdijk 258300 Knokke-HeistGround area
958 m²
Building footprint
186 m²
Volume, LiDAR
895 m³
Parcel 31039E0192/00E000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRUST @ WORK
since 20082.170.422.609
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0192/00E000 | Flanders | 958 m² | 1 · 186 m² | 9.6 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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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 4,268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-02-2008
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.