Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
TRUST ELEC from Elsene, company number BE0738550080, closed financial year 2024 with a result of € -19,444 after tax. For that financial year TRUST ELEC recorded a gross margin of € 202,737 and equity of € -9,498. Compared with financial year 2023, the result moved from € 5,724 to € -19,444. 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 February 27, 2025.
€ -9,498
▼ € 20,118 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,444
▼ still € 5,724 profit in 2023
Profit after tax over the fiscal year.
€ 42,618
▲ 96% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,003.
People and assets in 2024
€ 194,298
▲ 53% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 105,050
▲ 226% vs 2023
Of which on lease € 100,542.
Debts at end 2024
€ 199,538
▲ 126% vs 2023
€ 122,418 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 285,426
▲ 84% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,418
▲ 154% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 105,665 | € 163,383 | € 202,737 | ▲ 24% |
| Profit after taxes | € -5,458 | € 5,724 | € -19,444 | ▼ € 25,168 |
| Equity | € 5,570 | € 10,620 | € -9,498 | ▼ € 20,118 |
| Total debts | € 144,977 | € 276,978 | € 533,225 | ▲ 93% |
| Cash | € 13,708 | € 21,699 | € 42,618 | ▲ 96% |
| Retained profit | € -2,282 | € 3,442 | € -16,003 | ▼ € 19,444 |
| Bank debt | € 103,205 | € 88,231 | € 199,538 | ▲ 126% |
| Balance sheet total | € 151,010 | € 287,893 | € 523,853 | ▲ 82% |
Key figures of TRUST ELEC, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to TRUST ELEC?
What happened at TRUST ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TRUST ELEC is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 19,444 (▼ € 25,168 vs 2023). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
- Alexandre Philippe V DE BEUKELAER became a director. NBB
In short
From € 5,458 loss in 2022 to € 19,444 loss in 2024.
Paid € 1,848 in corporate taxes since 2022.
Best year ever: 2023, with € 5,724 profit.
A new publication or filing at TRUST ELEC? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TRUST ELEC is Alexandre Philippe V DE BEUKELAER.
Directors
According to the 2024 annual accounts
Alexandre Philippe V DE BEUKELAER
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Louizalaan 287 box 12
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Schiedel Metaloterm
€ 739,006 gross margin · 2024
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GOLDPRINT
€ 6.9 million revenue · 2025
G.L. - METAL
LYONNAISE BELGIQUE - BELGIE
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.550.080
- VAT number
- BE 0738.550.080
- Registered office
- Louizalaan 287 bus 12, 1050 Elsene
- Names & denominations
- TRUST ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 28 November 2019
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van verlichtingsapparaten
Overige bouwinstallatie
Installatie van industriële machines, toestellen en werktuigen
Algemene elektrotechnische installatiewerken
Reparatie en onderhoud van elektrische apparatuur
Overige bouwinstallatie, n.e.g.