ACTIVE

TRUST DESIGN

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Financial year 2025 · closed on 31/12/2025

Net result

34,5 k €

-24.6% YoY

Gross margin

168,6 k €

-6.7% YoY

Equity

605,4 k €

+6.0% YoY

Workforce

2,0 ETP

What does TRUST DESIGN do?

TRUST DESIGN is a Private limited company incorporated in 1996. Its main activity is: Sale, maintenance and repair of motorcycles and related parts and accessories. Its registered office is in Liège. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.566.895

Incorporation

24/12/1996

Legal form

Private limited company

Registered office

Rue de Liège 75
4020 Liège · WallonieSee on map

Contributed capital

18 715,96 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

45401Sale, maintenance and repair of motorcycles and related parts and accessories· main 45402Sale, maintenance and repair of motorcycles and related parts and accessories 46730Wholesale of wood, construction materials and sanitary equipment 47830Retail sale via stalls and markets 50400Inland freight water transport 74402Other professional, scientific and technical activities+5

Joint committees (1)

14904

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	168,6 k €	-6.7%	180,7 k €	+8.0%	167,2 k €	+18.3%	141,4 k €	-29.5%	200,7 k €	+56.8%	128 k €	-17.9%	155,8 k €	+5.9%	147,2 k €	+7.8%	136,6 k €	+35.5%	100,8 k €	-34.1%	152,8 k €	+10.2%	138,6 k €	-27.2%	190,5 k €	+18.6%	160,7 k €	+13.2%	142 k €	0.0%	142 k €	0.0%	142 k €	+0.4%	141,5 k €	+16.4%	121,5 k €	+10.4%	110,1 k €
EBITDA	50,2 k €	-24.5%	66,5 k €	+5.8%	62,8 k €	-9.0%	69 k €	-48.9%	135,2 k €	+81.4%	74,5 k €	-16.4%	89,1 k €	+5.3%	84,7 k €	+13.7%	74,5 k €	+75.2%	42,5 k €	-49.7%	84,5 k €	+21.8%	69,4 k €	+39.3%	49,8 k €	+96.9%	25,3 k €	-15.2%	29,9 k €	-17.2%	36,1 k €	0.0%	36,1 k €	+92.3%	18,8 k €	-11.1%	21,1 k €	+154%	8,3 k €
Operating result	49,8 k €	-24.3%	65,8 k €	+15.5%	56,9 k €	-9.9%	63,2 k €	-51.2%	129,6 k €	+74.9%	74,1 k €	-12.2%	84,4 k €	+2.4%	82,5 k €	+5.3%	78,3 k €	+130%	34,1 k €	-19.4%	42,3 k €	-27.9%	58,7 k €	+59.1%	36,9 k €	+224%	11,4 k €	-7.0%	12,2 k €	-33.7%	18,5 k €	0.0%	18,5 k €	+1730%	-1,1 k €	-144%	2,6 k €	+123%	-11,4 k €
Net result	34,5 k €	-24.6%	45,8 k €	+15.9%	39,5 k €	-4.0%	41,1 k €	-54.0%	89,5 k €	+78.8%	50 k €	-16.7%	60,1 k €	+2.1%	58,8 k €	+20.1%	49 k €	+122%	22,1 k €	-17.5%	26,7 k €	-36.3%	42 k €	+64.3%	25,6 k €	+245%	7,4 k €		0 €	-100%	6,8 k €	0.0%	6,8 k €	+331%	-2,9 k €	-166%	4,5 k €	+136%	-12,4 k €
Balance sheet
Equity	605,4 k €	+6.0%	570,9 k €	+8.7%	525,1 k €	+8.1%	485,6 k €	-1.1%	491 k €	+16.6%	421,1 k €	+6.5%	395,4 k €	+17.9%	335,3 k €	+21.3%	276,5 k €	+20.2%	229,9 k €	+9.3%	210,3 k €	+13.1%	186 k €	+29.2%	144 k €	+21.6%	118,4 k €	+66.0%	71,3 k €	0.0%	71,3 k €	+10.6%	64,5 k €	+11.8%	57,7 k €	-4.9%	60,7 k €	+7.9%	56,2 k €
Total assets	761,3 k €	-13.5%	880 k €	+9.8%	801,5 k €	+5.6%	759 k €	+13.9%	666,5 k €	+16.5%	572,3 k €	+18.3%	483,8 k €	+17.9%	410,4 k €	+19.1%	344,5 k €	+21.3%	284 k €	+11.0%	255,8 k €	-28.4%	357,2 k €	+32.7%	269,1 k €	+1.8%	264,4 k €	+88.3%	140,4 k €	0.0%	140,4 k €	0.0%	140,4 k €	-12.3%	160 k €	-6.3%	170,8 k €	+14.6%	149 k €
Cash	173,6 k €	-1.6%	176,4 k €	+117%	81,1 k €	-21.5%	103,4 k €	+8.2%	95,6 k €	-16.9%	115 k €	-13.7%	133,2 k €	+6.9%	124,6 k €	+2.3%	121,7 k €	+83.6%	66,3 k €	+59.1%	41,7 k €	-34.0%	63,1 k €	+975%	5,9 k €	-42.7%	10,3 k €	-59.5%	25,3 k €	0.0%	25,3 k €	0.0%	25,3 k €	+3.0%	24,6 k €	+3.2%	23,8 k €	-62.5%	63,5 k €
Debts	155,9 k €	-49.6%	309,2 k €	+11.8%	276,4 k €	+1.2%	273,3 k €	+56.3%	174,8 k €	+15.6%	151,2 k €	+71.0%	88,4 k €	+17.8%	75,1 k €	+10.5%	67,9 k €	+25.9%	54 k €	+18.7%	45,4 k €	-73.4%	171,1 k €	+47.5%	116 k €	-20.6%	146 k €	+121%	66,1 k €	0.0%	66,1 k €	-12.9%	75,9 k €	-25.8%	102,3 k €	-7.1%	110,1 k €	+18.7%	92,7 k €
Other
Workforce	2,0 ETP		–		1,8 ETP	+20.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP		–		–		–		–		1,6 ETP	-20.0%	2,0 ETP	-42.9%	3,5 ETP	0.0%	3,5 ETP	+250%	1,0 ETP	-66.7%	3,0 ETP	0.0%	3,0 ETP	-28.6%	4,2 ETP	+2.4%	4,1 ETP	+7.9%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Benjamin GILLOT

Manager · since 19 décembre 1996

Active

Ended mandates

Benjamin GILLOT

Administrator - manager

Ended

BENJAMIN GILLOT

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	26/09/2025	29/08/2024	29/08/2023	25/08/2022	31/08/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	26/08/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	26/09/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	13/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	25/08/2022	French	PDF
Abridged model	31/12/2020	08/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	09/06/2020	06/10/2020	French	PDF
Micro model	31/12/2018	11/06/2019	30/08/2019	French	PDF
Micro model	31/12/2017	12/06/2018	10/09/2018	French	PDF
Micro model	31/12/2016	13/06/2017	23/08/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	16/06/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	21/08/2014	French	PDF
Abridged modelCorrection	31/12/2012	28/06/2013	13/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	02/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	03/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	04/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	05/06/2008	31/08/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	31/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Benjamin GILLOT

Manager · since 19 décembre 1996

Active

Ended mandates

Benjamin GILLOT

Administrator - manager

Ended

BENJAMIN GILLOT

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office28/07/2014
SIEGE SOCIAL
PDF
Other27/07/2006
SIEGE SOCIAL - RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...) - ADRESSE AUTRE QUE SIEGE SOCIAL - OBJET
PDF
Capital / shares20/01/2003
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202534,5 k €↓
2024
Annual accounts 202445,8 k €↑
2023
Annual accounts 202339,5 k €↓
2022
Annual accounts 202241,1 k €↓
2021
Annual accounts 202189,5 k €↑
2020
Annual accounts 202050 k €↓
2019
Annual accounts 201960,1 k €↑
2018
Annual accounts 201858,8 k €↑
2017
Annual accounts 201749 k €↑
2016
Annual accounts 201622,1 k €↓
2015
Annual accounts 201526,7 k €↓
2014
Annual accounts 201442 k €↑
2013
Annual accounts 201325,6 k €↑
2012
Annual accounts 20127,4 k €↑
2011
Annual accounts 20110 €↓
2010
Annual accounts 20106,8 k €↑
2009
Annual accounts 20096,8 k €↑
2008
Annual accounts 2008-2,9 k €↓
2007
Annual accounts 20074,5 k €↑
2006
Annual accounts 2006-12,4 k €
24/12/1996
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TRUST DESIGN

Overview

What does TRUST DESIGN do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline