3FM
ActiveSummary
3FM has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173,766 and a net result of €24,570. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 92% of 975 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+22
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 9.09 against 26.86 in 2024; short-term debt: 7.9% and cash: 44% of total assets), and 7.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.1%
Return on assets
13%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €173,766
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
41 d late
2023
24 d late
2022
46 d late
2021
27 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€48,476
EBIT margin
52.1%
Net result
€24,570
2024 · -€6,569
Working capital
€120,960▲ 37.0%
2024 · €88,297
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€6,873▼ 98.3%€1,763▼ 74.4%€2,657▲ 50.7%-€6,504€35,819
Net result€6,361within the sector's middle half▼ 97.9%€1,520within the sector's middle half▼ 76.1%€2,015within the sector's middle half▲ 32.5%-€6,569below the sector's middle half€24,570within the sector's middle half
EBIT margin
Equity€152,231within the sector's middle half▲ 4.4%€153,751within the sector's middle half▲ 1.0%€155,766within the sector's middle half▲ 1.3%€149,196within the sector's middle half▼ 4.2%€173,766above the sector's middle half▲ 16.5%
Total assets€155,614within the sector's middle half▼ 0.7%€156,097within the sector's middle half▲ 0.3%€157,173within the sector's middle half▲ 0.7%€152,611within the sector's middle half▼ 2.9%€188,727within the sector's middle half▲ 23.7%
Debt€3,383▼ 68.6%€2,346▼ 30.7%€1,408▼ 40.0%€3,415▲ 143%€14,961▲ 338%
Working capital€70,267▼ 5.7%€79,959▲ 13.8%€86,606▲ 8.3%€88,297▲ 2.0%€120,960▲ 37.0%
Solvency97.8%above the sector's middle half▲ 4.7pp98.5%above the sector's middle half▲ 0.7pp99.1%above the sector's middle half▲ 0.6pp97.8%above the sector's middle half▼ 1.3pp92.1%above the sector's middle half▼ 5.7pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €35,819 after a loss of €6,504 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €188,727
Fixed assets
€52,806 ▼ 13.3%
Current assets
€135,921 ▲ 48.2%
Equity and liabilities €188,727
Equity
€173,766 ▲ 16.5%
Debt
€14,961 ▲ 338%
Debt's share of the balance-sheet total rises from 2.2% to 7.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43,912▲
2024 · €1,757
Cash flow
€32,664▲
2024 · €1,691
Current ratio
9.09▼
2024 · 26.86
Debt to equity
0.09▲
2024 · 0.02
ROE
14.1%▲
2024 · -4.4%
ROA
13.0%▲
2024 · -4.3%
Interest coverage
258.61▲
2024 · 25.62
Debt ≤ 1 year
€14,961▲
2024 · €3,415
Income taxes
€11,079
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,101 | €12,672 | €8,231 | €8,260 | €8,094 | ▼ 2.0% |
| Other operating charges640/8 | €4,312 | €4,415 | €4,807 | €4,985 | €5,098 | ▲ 2.3% |
| Gross operating margin9900 | €21,285 | €18,849 | €15,695 | €6,742 | €49,010 | ▲ 627% |
| Operating profit (loss)9901 | €6,873 | €1,763 | €2,657 | -€6,504 | €35,819 | ▲ 651% |
| Financial income75/76B | - | - | €120 | €3 | - | - |
| Recurring financial income75 | - | - | €120 | €3 | - | - |
| Financial charges65/66B | €116 | €111 | €91 | €69 | €170 | ▲ 148% |
| Recurring financial charges65 | €116 | €111 | €91 | €69 | €170 | ▲ 148% |
| Profit (loss) for the period before taxes9903 | €6,757 | €1,652 | €2,686 | -€6,569 | €35,649 | ▲ 643% |
| Income taxes67/77 | €395 | €132 | €672 | - | €11,079 | - |
| Profit (loss) for the period9904 | €6,361 | €1,520 | €2,015 | -€6,569 | €24,570 | ▲ 474% |
| Profit (loss) for the period to be appropriated9905 | €6,361 | €1,520 | €2,015 | -€6,569 | €24,570 | ▲ 474% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155,614 | €156,097 | €157,173 | €152,611 | €188,727 | ▲ 23.7% |
| Fixed assets21/28 | €81,964 | €73,793 | €69,160 | €60,900 | €52,806 | ▼ 13.3% |
| Tangible fixed assets22/27 | €81,964 | €73,793 | €69,160 | €60,900 | €52,806 | ▼ 13.3% |
| Land and buildings22 | €46,197 | €46,197 | €58,464 | €54,344 | €50,390 | ▼ 7.3% |
| Plant, machinery and equipment23 | €16,792 | €12,760 | - | - | - | - |
| Furniture and vehicles24 | €18,976 | €14,836 | €10,696 | €6,556 | €2,416 | ▼ 63.1% |
| Current assets29/58 | €73,650 | €82,305 | €88,013 | €91,712 | €135,921 | ▲ 48.2% |
| Amounts receivable within one year40/41 | €23,226 | €38,414 | €55,055 | €55,055 | €52,858 | ▼ 4.0% |
| Trade receivables40 | €17,944 | €36,672 | €52,858 | €52,858 | €52,858 | = |
| Other amounts receivable41 | €5,282 | €1,742 | €2,197 | €2,197 | - | - |
| Cash at bank and in hand54/58 | €49,420 | €42,783 | €31,800 | €35,831 | €82,962 | ▲ 132% |
| Deferred charges and accrued income490/1 | €1,003 | €1,108 | €1,159 | €826 | €101 | ▼ 87.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155,614 | €156,097 | €157,173 | €152,611 | €188,727 | ▲ 23.7% |
| Equity10/15 | €152,231 | €153,751 | €155,766 | €149,196 | €173,766 | ▲ 16.5% |
| Contributions10/11 | €24,050 | €24,050 | €24,050 | €24,050 | €24,050 | = |
| Capital10 | €24,050 | - | - | - | - | - |
| Issued capital100 | €24,050 | - | - | - | - | - |
| Reserves13 | €128,181 | €129,701 | €129,701 | €102,405 | €126,905 | ▲ 23.9% |
| Non-distributable reserves130/1 | €2,405 | €2,405 | €2,405 | €2,405 | €2,405 | = |
| Legal reserve130 | €2,405 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €2,405 | €2,405 | €2,405 | €2,405 | = |
| Distributable reserves133 | €125,776 | €127,296 | €127,296 | €100,000 | €124,500 | ▲ 24.5% |
| Profit (loss) carried forward14 | - | - | €2,015 | €22,741 | €22,811 | ▲ 0.3% |
| Amounts payable17/49 | €3,383 | €2,346 | €1,408 | €3,415 | €14,961 | ▲ 338% |
| Amounts payable within one year42/48 | €3,383 | €2,346 | €1,408 | €3,415 | €14,961 | ▲ 338% |
| Trade debts44 | €1,207 | €275 | €42 | €200 | €859 | ▲ 330% |
| Suppliers440/4 | €1,207 | €275 | €42 | €200 | €859 | ▲ 330% |
| Taxes, remuneration and social security45 | €1,033 | €1,159 | €1,050 | €3,162 | €13,735 | ▲ 334% |
| Taxes450/3 | €1,033 | €1,159 | €1,050 | €3,162 | €13,735 | ▲ 334% |
| Other amounts payable47/48 | €1,142 | €912 | €316 | €53 | €366 | ▲ 594% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,361 | €1,520 | €2,015 | -€6,569 | €24,570 | ▲ 474% |
| + Depreciation and write-downs630 | €10,101 | €12,672 | €8,231 | €8,260 | €8,094 | ▼ 2.0% |
| Operating cash flow (approximation) | €16,462 | €14,192 | €10,245 | €1,691 | €32,664 | ▲ 1,831% |
| Investment in fixed assets (approximation) | - | -€4,500 | -€3,598 | €0 | €0 | - |
| Change in cash | - | -€6,638 | -€10,983 | €4,031 | €47,132 | ▲ 1,069% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Back to profitnet €24,570
Net result €24,570 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €173,766 ▲16.5%
Equity rises from €149,196 to €173,766.
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-12
Financial
Weakest financial yearnet -€6,569
Net result drops to -€6,569, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 21.77
Current ratio from 7.91 to 21.77; short-term debt falls from €10,779 to €3,383.
31-12
Financial
Equity above €150,000Eq €152,231 ▲4.4%
4 profitable years in a row build equity to €152,231.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €301,104 ▲1,620%
Operating result €400,412, net result €301,104, both a record.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 17.90
Current ratio from 5.12 to 17.90; short-term debt falls from €17,119 to €5,586.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 1997
Ground area
1,060 m²
Building footprint
550 m²
Volume, LiDAR
3,583 m³
Parcel 44412C0096/00Y000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Ambachtsweg 36, 9820 Merelbeke-Melle
since 19972.081.513.201
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412C0096/00Y000 | Flanders | 1,060 m² | 1 · 550 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,031 companies in sector 52100 we hold annual accounts for 766. 466 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded29-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458494254
Also
9925:BE0458494254
Registered
08-07-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.