3CONCEPTS
ActiveThe computed 12-month bankruptcy probability of 3CONCEPTS is 3.2% (moderate). The 2024 annual accounts show equity of €35k and a net result of €-874. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 5896 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-7
Solvency55▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.65 in 2023; short-term debt: 41.9% and cash: 16% of total assets), and 70% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30%
Return on assets
-0.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
12 d early
2022
7 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€35k▼ 2.4%
2023 · €36k
2022: €30k
2023: €36k
2022 → 2024
Total assets
€118k▼ 5.2%
2023 · €124k
2022: €115k
2023: €124k
2022 → 2024
Net result
€-874
2023 · €6k
2022: €25k
2023: €6k
2022 → 2024
Working capital
€6k
2023 · €-19k
2022: €-6k
2023: €-19k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€30k-€36k▲ 20.6%€35k▼ 2.4%
Operating result€34k-€10k▼ 69.5%€901▼ 91.3%
Net result€25k-€6k▼ 75.3%€-874
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 91% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €118k
Fixed assets
€62k▼ 30.2%
Current assets
€56k▲ 58.1%
Equity and liabilities €118k
Equity
€35k▼ 2.4%
Debt
€82k▼ 6.4%
The debt ratio falls from 70.9% to 70.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28k▼
2023 · €35k
Cash flow
€26k▼
2023 · €30k
Solvency
30.0%▲
2023 · 29.1%
Current ratio
1.13▲
2023 · 0.65
Quick ratio
0.81▲
2023 · 0.65
Debt / equity
2.34▼
2023 · 2.43
ROE
-2.5%▼
2023 · 17.1%
ROA
-0.7%▼
2023 · 5.0%
Interest coverage
15.25▲
2023 · 13.44
Debt
€82k▼
2023 · €88k
Debt ≤ 1 year
€49k▼
2023 · €54k
Debt > 1 year
€33k▲
2023 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€124k€118k▼
Fixed assets21/28€89k€62k▼
Intangible fixed assets21€2k-
Tangible fixed assets22/27€87k€62k▼
Plant, machinery and equipment23€32k€23k▼
Furniture and vehicles24€40k€28k▼
Leasing and similar rights25€16k€11k▼
Current assets29/58€35k€56k▲
Stocks and contracts in progress3-€15k
Stocks30/36-€15k
Amounts receivable within one year40/41€22k€21k▼
Trade receivables40€21k€18k▼
Other amounts receivable41€934€3k▲
Cash at bank and in hand54/58€13k€19k▲
Deferred charges and accrued income490/1€1k€319▼
Equity and liabilities
Total equity and liabilities10/49€124k€118k▼
Equity10/15€36k€35k▼
Contributions10/11€5k€5k=
Reserves13€31k€31k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14-€-874
Amounts payable17/49€88k€82k▼
Amounts payable after more than one year17€33k€33k▲
Financial debts170/4€33k€23k▼
Other amounts payable178/9-€10k
Amounts payable within one year42/48€54k€49k▼
Current portion of amounts payable after more than one year42€18k€20k▲
Trade debts44€11k€10k▼
Suppliers440/4€11k€10k▼
Taxes, remuneration and social security45€12k€2k▼
Taxes450/3€12k€2k▼
Other amounts payable47/48€14k€17k▲
Accrued charges and deferred income492/3€847-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€27k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€36k€29k▼
Operating profit (loss)9901€10k€901▼
Financial income75/76B€83€49▼
Recurring financial income75€83€49▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€8k€-874▼
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€-874▼
Profit (loss) for the period to be appropriated9905€6k€-874▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-874▼
Transfer from equity791/2-€0
Transfer to equity691/2€6k-
To other reserves6921€6k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-874 ▼114%
Net result drops to €-874, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wervik · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beselarestraat 1808940 WervikGround area
5,068 m²
Building footprint
188 m²
Volume, LiDAR
1,071 m³
Parcel 33009C0004/00Y000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
3Concepts
since 20212.325.500.665
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33009C0004/00Y000 | Flanders | 5,068 m² | 1 · 188 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWervik2.325.500.665
Similar companies · same sector, comparable size
POINT VERT SERVICE
BE 0502.582.140
Sint-Pieters-Woluwe · Eq €35k
Gardenstate
BE 0778.569.609
Tremelo · Eq €35k
VAN HASSEL HOVENIER
BE 0777.502.411
Sint-Pieters-Leeuw · Eq €35k
Groen & Grondwerken Van Lindt
BE 0799.397.883
Rumst · Eq €35k
Dries Bracke
BE 1010.887.478
Lokeren · Eq €35k
Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2021
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
01309Crop and animal production, hunting and related service activities
42110Construction of roads and motorways
43320Joinery installation
43990Other specialised construction activities
43999Specialised construction activities
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.3concepts.be
E-mail:rene@3concepts.be