3CON
ActiveSummary
3CON has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€191,401) and a net result of -€42,095. Equity has been shrinking by about 61% per year since 2021. Its solvency ranks better than 6% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-06-2020 Normal situation
- Activity
- Development of non-residential building projects NACE 68122and 1 other
- Establishment unit
- 2.303.697.936 3910 Pelt, since 11-06-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
- Driesen PaulDirector · since 11-06-2020
- Ma3tecDirector · since 11-06-2020
- Pro3checkDirector · since 11-06-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- -€30,731
- ▲ 34.4%
- Loss
- €42,095
- ▼ 30.0%
- Equity
- -€191,401
- ▼ 28.2%
- Total assets
- €520,949
- ▼ 5.7%
- Negative equity on 31-12-2025
- 2025 accounts filed 3 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€191,401Loss of €42,095, the second in a row (financial year 2025)lowers riskSize: total assets €520,949Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 5% of them on solvency, 56% on liquidity, 12% on profitability and 18% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 10 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00380598.
Annual accounts 2025 filed on 03-08-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €33,256, smaller than the loss of €51,427 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Intangible fixed assets | €5,775 | €4,349 | - | - | - |
| Depreciation and write-downs of the year | €5 | €1,929 | €3,375 | €3,369 | €1,446 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €454 awarded · €454 paid| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5 | €1,929 | €3,375 | €3,369 | €1,446 | ▼ 57.1% |
| Other operating charges640/8 | €1,034 | €680 | €1,717 | €1,219 | €1,079 | ▼ 11.4% |
| Gross operating margin9900 | €8,468 | -€18,293 | -€90,870 | -€46,839 | -€30,731 | ▲ 34.4% |
| Operating profit (loss)9901 | €7,429 | -€20,902 | -€95,961 | -€51,427 | -€33,256 | ▲ 35.3% |
| Financial income75/76B | €1,160 | €5,531 | €8,302 | €24 | €12 | ▼ 51.4% |
| Recurring financial income75 | €1,160 | €5,531 | €8,302 | €24 | €12 | ▼ 51.4% |
| Financial charges65/66B | €920 | €557 | €3,596 | €8,711 | €8,851 | ▲ 1.6% |
| Recurring financial charges65 | €920 | €557 | €3,596 | €8,711 | €8,851 | ▲ 1.6% |
| Profit (loss) for the period before taxes9903 | €7,670 | -€15,929 | -€91,255 | -€60,114 | -€42,095 | ▲ 30.0% |
| Income taxes67/77 | €1,679 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €5,990 | -€15,929 | -€91,255 | -€60,114 | -€42,095 | ▲ 30.0% |
| Profit (loss) for the period to be appropriated9905 | €5,990 | -€15,929 | -€91,255 | -€60,114 | -€42,095 | ▲ 30.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €2.6m | €0.7m | €0.6m | €0.5m | ▼ 5.7% |
| Fixed assets21/28 | €0.006m | €0.008m | €0.005m | €0.001m | €0 | ▼ 100% |
| Intangible fixed assets21 | €0.006m | €0.008m | €0.005m | €0.001m | €0 | ▼ 100% |
| Current assets29/58 | €1.1m | €2.6m | €0.7m | €0.6m | €0.5m | ▼ 5.4% |
| Stocks and contracts in progress3 | €0.8m | €2.2m | €0.5m | €0.5m | €0.5m | ▲ 10.1% |
| Contracts in progress37 | €0.8m | €2.2m | €0.5m | €0.5m | €0.5m | ▲ 10.1% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €61 | €0.001m | €0.001m | ▼ 35.6% |
| Trade receivables40 | €250 | €470 | €0 | €0.001m | €0 | ▼ 100% |
| Other amounts receivable41 | €0.02m | €0.02m | €61 | €0 | €0.001m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.4m | €0.2m | €0.08m | €0.004m | ▼ 94.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.001m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €2.6m | €0.7m | €0.6m | €0.5m | ▼ 5.7% |
| Equity10/15 | €0.02m | €0.002m | -€0.09m | -€0.1m | -€0.2m | ▼ 28.2% |
| Contributions10/11 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | - | -€0.02m | -€0.1m | -€0.2m | -€0.2m | ▼ 25.2% |
| Amounts payable17/49 | €1.0m | €2.6m | €0.7m | €0.7m | €0.7m | ▲ 1.5% |
| Amounts payable after more than one year17 | €0.4m | €0.7m | €0.7m | €0.7m | €0.7m | ▲ 1.7% |
| Other amounts payable178/9 | €0.4m | €0.7m | €0.7m | €0.7m | €0.7m | ▲ 1.7% |
| Amounts payable within one year42/48 | €0.7m | €1.9m | €0.08m | €0.04m | €0.03m | ▼ 24.4% |
| Financial debts43 | €0.4m | €0 | - | - | - | - |
| Credit institutions430/8 | €0.4m | €0 | - | - | - | - |
| Trade debts44 | €0.09m | €0.07m | €0.01m | €0.009m | €339 | ▼ 96.1% |
| Suppliers440/4 | €0.09m | €0.07m | €0.01m | €0.009m | €339 | ▼ 96.1% |
| Advances received on contracts in progress46 | €0.2m | €1.6m | €0 | - | - | - |
| Taxes, remuneration and social security45 | €0.002m | €0.1m | €0.04m | €0.002m | €0.001m | ▼ 41.3% |
| Taxes450/3 | €0.002m | €0.1m | €0.04m | €0.002m | €0.001m | ▼ 41.3% |
| Other amounts payable47/48 | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 2.1% |
| Accrued charges and deferred income492/3 | €226 | €0.006m | €0 | €48 | €0.008m | ▲ 165× |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,990 | -€15,929 | -€91,255 | -€60,114 | -€42,095 | ▲ 30.0% |
| + Depreciation and write-downs630 | €5 | €1,929 | €3,375 | €3,369 | €1,446 | ▼ 57.1% |
| Operating cash flow (approximation) | €5,996 | -€14,000 | -€87,880 | -€56,744 | -€40,649 | ▲ 28.4% |
| Investment in fixed assets (approximation) | - | -€4,349 | €0 | €0 | €0 | - |
| Change in cash | - | €194,952 | -€223,022 | -€100,728 | -€77,176 | ▲ 23.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,167 companies had the same profile as 3CON has now. Two years later, 94.9% were still going and 2.0% had gone bankrupt.
- Small
- 5 to 10 years old
- negative equity
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of 3CON itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,167 companies, not a prediction for 3CON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-08-2026 | 2026-00380598 | |
| 31-12-2024 | abbreviated format | 05-08-2025 | 2025-00364713 | |
| 31-12-2023 | abbreviated format | 18-07-2024 | 2024-00262359 | |
| 31-12-2022 | abbreviated format | 21-06-2023 | 2023-00159869 | |
| 31-12-2021 | abbreviated format | 25-07-2022 | 2022-20254406 |
Board & ownership
Directors
Board 4
Permanent representatives 1
Owners and capital
Shareholders
2 ownersOwners 2
- Sourceaccounts MA3TEC 2025Equity €63,630 Profit of €58,751 in 2025 (profit of €38,679 in 2024)50%
- Sourceaccounts PRO3CHECK 2025Equity €12,500 Profit of €13,971 in 2025 (profit of €14,604 in 2024) Checked score 9250%
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Driesen Paul |
|
| Ma3tec |
|
| Pro3check |
|
| AMBELIN HOLDINGS |
|
Network & group
Companies at the same address
1 other companyConnections & network
4 current directorsThe network starts from the directors of 3CON. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-06
Gazette deed
Registered office moved to Pelt - LangveldwegPermanent representative: Driesen Pieter4 points ▸
- Board meeting, 02-06-2023
- Registered-office move, 3910 Pelt - Langveldweg 6
- Permanent representative, Driesen Pieter
- Director in office, PRO3CHECK BV (director)
08-04
Gazette deed
Appointment: AMBELIN HOLDINGS BV (director)Permanent representatives: Joseph Bollen, Mathijs Driesen and Pieter Driesen · Power of attorney17 points ▸
- General meeting, 21-12-2021
- Director appointment, AMBELIN HOLDINGS BV (director)
- Other provision, “geen verzet tegen benoeming, geen maatregel bestaat die zich verzet tegen haar benoeming” (deed in Dutch)
- Power of attorney, Moore Finance & Tax BV
- Power of attorney, Tanja De Naeyer
- Power of attorney, Julie De Roy
- Power of attorney, Dominique Jaminet
- Power of attorney, Claudia Beurghs
- Power of attorney, Bart Ceulen
- Board meeting, 21-12-2021
- Permanent representative, Joseph Bollen
- Permanent representative, Mathijs Driesen
- The act holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0748.494.065
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72025B0562/00A000 | Flanders | 1,311 m² | 1 · 185 m² | 8.6 m · 2 |