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3LINK

Active
Private limited companyfounded 199432 yrs activeOude Gentbaan 19, 9300 Aalst, BelgiumKBO/BCE: BE 0452.684.845
Summary

3LINK has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €281,669 and a net result of -€4,089. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 4345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability17▲+6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 19.64 against 25.97 in 2023; short-term debt: 5.1% and cash: 97.4% of total assets), and 5.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
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 2024
Solvency, return and age of the figures
Solvency
94.9%
Return on assets
-1.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€4,089
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 filings
Deviation from the deadline
2025
not confirmed
2024
42 d late
2023
50 d late
2022
56 d late
2021
4 d late
2020
32 d late
2019
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 May 1994, 3LINK was incorporated.1 Total assets went from EUR 226,319 in 2018 to EUR 296,656 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€281,669▼ 1.4%
2023 · €285,758
Total assets
€296,656▼ 0.1%
2023 · €297,036
Net result
-€4,089▲ 76.8%
2023 · -€17,658
Working capital
€279,357▼ 0.8%
2023 · €281,630
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€27,674▲ 57.7%€27,366▼ 1.1%€11,921▼ 56.4%-€17,381-€4,069▲ 76.6%
Net result€27,639▲ 57.4%€27,054▼ 2.1%€11,629▼ 57.0%-€17,658-€4,089▲ 76.8%
Equity€264,732▲ 11.7%€291,786▲ 10.2%€303,415▲ 4.0%€285,758▼ 5.8%€281,669▼ 1.4%
Total assets€276,078▲ 13.6%€301,321▲ 9.1%€330,363▲ 9.6%€297,036▼ 10.1%€296,656▼ 0.1%
Debt€11,346▲ 89.5%€9,535▼ 16.0%€26,948▲ 183%€11,278▼ 58.1%€14,987▲ 32.9%
Working capital€258,348▲ 12.8%€287,975▲ 11.5%€297,731▲ 3.4%€281,630▼ 5.4%€279,357▼ 0.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000Operating result 2020: €27,674€27,674Net result 2020: €27,639€27,639Operating result 2021: €27,366€27,366Net result 2021: €27,054€27,054Operating result 2022: €11,921€11,921Net result 2022: €11,629€11,629Operating result 2023: -€17,381-€17,381Net result 2023: -€17,658-€17,658Operating result 2024: -€4,069-€4,069Net result 2024: -€4,089-€4,08920202021202220232024-€20,000-€10,000€0€10,000Operating result 2022: €11,921€11,900Net result 2022: €11,629€11,600Operating result 2023: -€17,381-€17,400Net result 2023: -€17,658-€17,700Operating result 2024: -€4,069-€4,070Net result 2024: -€4,089-€4,090202220232024
The operating result stays negative: a loss of €4,069 in 2024 against €17,381 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €296,656
Fixed assets €2,312 ▼ 44.0%
Current assets €294,344 ▲ 0.5%
Equity and liabilities €296,656
Equity €281,669 ▼ 1.4%
Debt €14,987 ▲ 32.9%
Debt's share of the balance-sheet total rises from 3.8% to 5.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,253▲
2023 · -€14,735
Cash flow
-€2,273▲
2023 · -€15,012
Current ratio
19.64▼
2023 · 25.97
Debt to equity
0.05▲
2023 · 0.04
ROE
-1.5%▲
2023 · -6.2%
ROA
-1.4%▲
2023 · -5.9%
Interest coverage
-8.53▲
2023 · -52.81
Debt ≤ 1 year
€14,987▲
2023 · €11,278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€297,036€296,656▼
Fixed assets21/28€4,128€2,312▼
Tangible fixed assets22/27€3,787€1,971▼
Plant, machinery and equipment23€1,887€1,283▼
Furniture and vehicles24€1,900€688▼
Financial fixed assets28€341€341=
Current assets29/58€292,908€294,344▲
Amounts receivable within one year40/41€11,894€5,528▼
Trade receivables40€9,034€3,033▼
Other amounts receivable41€2,860€2,495▼
Cash at bank and in hand54/58€281,014€288,816▲
Equity and liabilities
Total equity and liabilities10/49€297,036€296,656▼
Equity10/15€285,758€281,669▼
Reserves13€37,960€37,960=
Distributable reserves133€37,960€37,960=
Profit (loss) carried forward14€247,798€243,709▼
Amounts payable17/49€11,278€14,987▲
Amounts payable within one year42/48€11,278€14,987▲
Trade debts44-€1,922
Suppliers440/4-€1,922
Other amounts payable47/48€11,278€13,065▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,646€1,816▼
Other operating charges640/8€7,950€528▼
Gross operating margin9900-€6,785-€1,725▲
Operating profit (loss)9901-€17,381-€4,069▲
Financial income75/76B€2€244▲
Recurring financial income75€2€244▲
Financial charges65/66B€279€264▼
Recurring financial charges65€279€264▼
Profit (loss) for the period before taxes9903-€17,658-€4,089▲
Profit (loss) for the period9904-€17,658-€4,089▲
Profit (loss) for the period to be appropriated9905-€17,658-€4,089▲
Appropriation of the result
Profit (loss) to be appropriated9906€247,798€243,709▼
Profit (loss) brought forward from the previous period14P€265,456€247,798▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,849€2,573€2,156€2,646€1,816▼ 31.4%
Other operating charges640/8-€468€18,734€7,950€528▼ 93.4%
Gross operating margin9900€39,208€30,407€32,811-€6,785-€1,725▲ 74.6%
Operating profit (loss)9901€27,674€27,366€11,921-€17,381-€4,069▲ 76.6%
Financial income75/76B--€1€2€244▲ 12,100%
Recurring financial income75€105-€1€2€244▲ 12,100%
Non-recurring financial income76B--€1---
Financial charges65/66B-€312€293€279€264▼ 5.4%
Recurring financial charges65€140€248€293€279€264▼ 5.4%
Non-recurring financial charges66B-€64----
Profit (loss) for the period before taxes9903€27,639€27,054€11,629-€17,658-€4,089▲ 76.8%
Profit (loss) for the period9904€27,639€27,054€11,629-€17,658-€4,089▲ 76.8%
Profit (loss) for the period to be appropriated9905€27,639€27,054€11,629-€17,658-€4,089▲ 76.8%
Line20202021202220232024Change
Assets
Total assets20/58€276,078€301,321€330,363€297,036€296,656▼ 0.1%
Fixed assets21/28€6,384€3,811€5,684€4,128€2,312▼ 44.0%
Tangible fixed assets22/27€6,043€3,470€5,343€3,787€1,971▼ 48.0%
Plant, machinery and equipment23-€2,554€1,837€1,887€1,283▼ 32.0%
Furniture and vehicles24-€916€3,506€1,900€688▼ 63.8%
Financial fixed assets28€341€341€341€341€341=
Current assets29/58€269,694€297,510€324,679€292,908€294,344▲ 0.5%
Amounts receivable within one year40/41€14,644€5,899€16,367€11,894€5,528▼ 53.5%
Trade receivables40-€2,788€6,367€9,034€3,033▼ 66.4%
Other amounts receivable41-€3,111€10,000€2,860€2,495▼ 12.8%
Cash at bank and in hand54/58€255,050€291,535€308,312€281,014€288,816▲ 2.8%
Deferred charges and accrued income490/1-€76----
Equity and liabilities
Total equity and liabilities10/49€276,078€301,321€330,363€297,036€296,656▼ 0.1%
Equity10/15€264,732€291,786€303,415€285,758€281,669▼ 1.4%
Contributions10/11€18,600€18,600€18,600---
Capital10-€18,600€18,600---
Issued capital100-€18,600€18,600---
Reserves13€1,860€19,360€19,360€37,960€37,960=
Non-distributable reserves130/1-€1,860€1,860---
Legal reserve130-€1,860€1,860---
Distributable reserves133-€17,500€17,500€37,960€37,960=
Profit (loss) carried forward14€244,272€253,826€265,455€247,798€243,709▼ 1.7%
Amounts payable17/49€11,346€9,535€26,948€11,278€14,987▲ 32.9%
Amounts payable within one year42/48€11,346€9,535€26,948€11,278€14,987▲ 32.9%
Trade debts44€1,086-€13,208-€1,922-
Suppliers440/4--€13,208-€1,922-
Taxes, remuneration and social security45-€2,103€6,425---
Taxes450/3-€2,103€4,062---
Remuneration and social security454/9--€2,363---
Other amounts payable47/48-€7,432€7,315€11,278€13,065▲ 15.8%
Line20202021202220232024Change
Profit (loss) for the period9904€27,639€27,054€11,629-€17,658-€4,089▲ 76.8%
+ Depreciation and write-downs630€3,849€2,573€2,156€2,646€1,816▼ 31.4%
Operating cash flow (approximation)€31,488€29,627€13,785-€15,012-€2,273▲ 84.9%
Investment in fixed assets (approximation)-€0-€4,029-€1,090€0▲ 100%
Change in cash-€36,485€16,777-€27,298€7,802▲ 129%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
11-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
19-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial Weakest financial yearnet -€17,658
Net result drops to -€17,658, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 25.97
Current ratio from 12.05 to 25.97; short-term debt falls from €26,948 to €11,278.
25-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 56 days late
2022
04-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
01-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 32 days late
2020
31-12
Financial Highest result since 2018net €27,639 ▲57.4%
Operating result €27,674, net result €27,639, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2019
31-12
Financial Back to profitnet €17,556
Net result €17,556 after one loss-making year.
11-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 42 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
16-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Aalst · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
532 m²
Building footprint
223 m²
Volume, LiDAR
1,673 m³
2 parcels, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
3LINK
Nieuwstraat 1, 9420 Erpe-MereManufacture of rubber and plastic products
since 19942.067.186.695
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41040B0176/00T000 Flanders 345 m² 1 · 144 m² 11.2 m · 3 fl.
41302C0536/00M000 Flanders 187 m² 1 · 80 m² 9.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,288 companies in sector 74120 we hold annual accounts for 1,011. 610 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-05-1994
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
74120Graphic design and visual communication
18130Pre-press and pre-media services
71112Activities of interior architects

Scores and ratios are computed by Checked and are not a credit decision.