Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TRUTZEL from Antwerpen, company number BE0567517207, closed financial year 2025 with a result of € -5,669 after tax. For that financial year TRUTZEL recorded a gross margin of € 53,433 and equity of € -105,070. Compared with financial year 2024, the result moved from € -6,429 to € -5,669. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ -105,070
▼ € 5,669 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,669
▲ 12 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,164
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -123,670.
People and assets in 2025
€ 35,054
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 128,531
▼ 8% vs 2024
€ 11,983 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 24,299
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,191
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,276 | € 28,206 | € 56,911 | € 53,433 | ▼ 6% |
| Profit after taxes | € -39,893 | € -34,970 | € -6,429 | € -5,669 | ▲ € 759 |
| Equity | € -58,002 | € -92,972 | € -99,400 | € -105,070 | ▼ € 5,669 |
| Total debts | € 299,866 | € 310,166 | € 307,342 | € 287,448 | ▼ 6% |
| Cash | € 19,922 | € 12,763 | € 18,658 | € 7,164 | ▼ 62% |
| Land & buildings | € 212,815 | € 199,993 | € 187,170 | € 174,347 | ▼ 7% |
| Retained profit | € -76,602 | € -111,572 | € -118,000 | € -123,670 | ▼ € 5,669 |
| Bank debt | € 162,338 | € 151,394 | € 140,060 | € 128,531 | ▼ 8% |
| Balance sheet total | € 241,864 | € 217,194 | € 207,942 | € 182,378 | ▼ 12% |
Key figures of TRUTZEL, 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 TRUTZEL?
What happened at TRUTZEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,669. Source: NBB ↗
- Yves De Troetsel became a director. NBB
- Nick De Troetsel became a director. NBB
- Bart De Troetsel became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,893 loss in 2022 to € 5,669 loss in 2025.
Management
Behind TRUTZEL are Yves De Troetsel, Nick De Troetsel and Bart De Troetsel. The same people are also behind BIERHANDEL DE TROETSEL and DE TROETSEL.
Directors
According to the 2025 annual accounts
since 2026
since 2026
since 2017
Establishments
Establishment units
Physical locations of this company
Aziëlaan 1
2610 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0567.517.207
- VAT number
- BE 0567.517.207
- Registered office
- Aziëlaan 1, 2610 Antwerpen
- Names & denominations
- TRUTZEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 2014
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Cafés en bars
Algemene elektrotechnische installatiewerken