Active · per the CBE, 29 September 2026

TRUSTCO

BE0431918135

Rechtspersoon Cooperative company 1 establishment

TRUSTCO is a market research agency in Brussel. Cooperative, started on 7 September 1987, 1 establishment.

Zuidlaan 25-27 box B1, 1000 Brussel

Behind the company: Michel FOURAGE, Bruno HOUTMAN, Robert BOURGUIGNON.

Active for

39 year

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

TRUSTCO from Brussel, company number BE0431918135, closed financial year 2025 with a result of € -722 after tax. For that financial year TRUSTCO recorded a gross margin of € -653 and equity of € 199. Compared with financial year 2024, the result moved from € -696 to € -722. The company made a loss. The buffer shrank hard: equity is 78 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.

What it is worth Shrank hard

€ 199

▼ 78% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -722

▼ 4 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 0

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -19,632.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 188

▲ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -562 € -611 € -627 € -653 ▼ € 26
Profit after taxes € -631 € -680 € -696 € -722 ▼ € 26
Equity € 2,297 € 1,617 € 921 € 199 ▼ 78%
Total debts € 4,838 € 2,343 € 1,004 € 970 ▼ 3%
Cash - - - € 0
Retained profit € -17,534 € -18,215 € -18,910 € -19,632 ▼ € 722
Balance sheet total € 7,135 € 3,960 € 1,925 € 1,169 ▼ 39%

Key figures of TRUSTCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TRUSTCO?

What happened at TRUSTCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 722. filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 631 loss in 2022 to € 722 loss in 2025.

Management

Michel FOURAGE Bruno HOUTMAN Robert BOURGUIGNON
TRUSTCO

Behind TRUSTCO are Michel FOURAGE, Bruno HOUTMAN and Robert BOURGUIGNON. Bruno HOUTMAN is also behind SECURIMED and EXCOBEL.

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Directors

According to the 2025 annual accounts

Michel FOURAGE

Director

Bruno HOUTMAN

Director

Also active at: SECURIMED, EXCOBEL

Robert BOURGUIGNON

Managing director

Establishments

Establishment units

Physical locations of this company

Registered office

Zuidlaan 25-27 box B1

1000 Brussel

2.030.482.786

Zuidlaan 25 2 box 1

1000 Brussel

Active since 21 September 1987

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0431.918.135
VAT number
BE 0431.918.135
Registered office
Zuidlaan 25-27 bus B1, 1000 Brussel
Names & denominations
TRUSTCO
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Normale toestand
Start date
7 September 1987
Peppol
Not registered
Activities · NACE

Markt- en opinieonderzoek

Marktonderzoekbureaus

Frequently asked questions

What does TRUSTCO do?
TRUSTCO is a market research agency in Brussel. Cooperative, started on 7 September 1987, 1 establishment.
What is the address of TRUSTCO?
The registered office of TRUSTCO is located at Zuidlaan 25-27 box B1, 1000 Brussel.
Is TRUSTCO still active?
Yes. According to the CBE (29 September 2026) TRUSTCO is active, legal situation “Normale toestand”, started on 7 September 1987.
Is TRUSTCO registered on Peppol?
No, TRUSTCO is currently not registered on the Peppol network.
What is the enterprise number of TRUSTCO?
The enterprise number of TRUSTCO is BE0431918135.
When was TRUSTCO founded?
TRUSTCO was founded on 7 September 1987.