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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TR USINAGE from Morlanwelz, company number BE0769451312, closed financial year 2025 with a result of € 19,020 after tax. For that financial year TR USINAGE recorded a gross margin of € 151,886 and equity of € 97,940. Compared with financial year 2024, the result moved from € -8,749 to € 19,020. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 97,940
▲ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,020
▲ still € 8,749 loss in 2024
Profit after tax over the fiscal year.
€ 30,094
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 69,940.
People and assets in 2025
€ 72,382
▲ 13% 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.
€ 245,863
▲ 41% vs 2024
Of which on lease € 236,104.
Debts at end 2025
€ 184,843
▲ 70% vs 2024
€ 50,998 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 68,116
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,620
▲ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 218,501 | - | - | - | |
| Gross margin | € 93,774 | € 61,852 | € 104,121 | € 151,886 | ▲ 46% |
| Profit after taxes | € 37,463 | € -20,707 | € -8,749 | € 19,020 | ▲ € 27,768 |
| Equity | € 85,375 | € 64,669 | € 55,920 | € 97,940 | ▲ 75% |
| Total debts | € 198,258 | € 217,297 | € 226,011 | € 302,731 | ▲ 34% |
| Cash | € 59,409 | € 42,619 | € 27,558 | € 30,094 | ▲ 9% |
| Retained profit | € 80,375 | € 59,669 | € 50,920 | € 69,940 | ▲ 37% |
| Bank debt | € 139,613 | € 152,035 | € 108,718 | € 184,843 | ▲ 70% |
| Balance sheet total | € 283,633 | € 281,966 | € 281,931 | € 400,671 | ▲ 42% |
| Employees (FTE) | - | - | 2 | - |
Key figures of TR USINAGE, 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 TR USINAGE?
What happened at TR USINAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,020. filed late Source: NBB ↗
- New establishment in Courcelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,463 profit in 2022 to € 19,020 profit in 2025.
Paid € 10,979 in corporate taxes since 2022.
Best year ever: 2022, with € 37,463 profit.
On average € 52,100 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Rue du Houssu(CAR) 74
7141 Morlanwelz
Rue de Charleroi(CO) 11
6180 Courcelles
Active since 8 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.451.312
- VAT number
- BE 0769.451.312
- Registered office
- Rue du Houssu(CAR) 74, 7141 Morlanwelz
- Names & denominations
- TR USINAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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