3TREES
ActiveSummary
The computed 12-month bankruptcy probability of 3TREES is 2.0% (moderate). The 2024 annual accounts show equity of €89,942 and a net result of €6,565. Equity has been growing by about 29% per year since 2018. Its solvency ranks better than 46% of 15,188 sector peers (NACE 69, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-08-2017 Normal situation
- Activity
- Other legal services NACE 69109and 2 others
- Establishment unit
- 2.267.729.742 6230 Pont-à-Celles, since 25-08-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Gross margin
- €25,868
- ▼ 45.4%
- Turnover
- ≈ €72,000
- estimated
- Profit
- €6,565
- ▼ 65.5%
- Equity
- €89,942
- ▲ 7.9%
- Total assets
- €161,372
- ▲ 2.6%
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 08-10-2025)Liquidity: current ratio 3.27, cash €405, halved1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts latelowers riskSector: Legal and accounting activities (NACE 69)Show the evidence
Checked score
About 2 in 100 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 69, micro). It does better than 52% of them on solvency, 16% on liquidity, 11% on profitability and 52% on growth.
The bankruptcy probability was computed on 03-11-2026 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 6 accounts on average 30 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 30-09-2025 PDF all 7 filings
Every figure per financial year
The operating result for 2024 is 47% lower than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Financial fixed assets | €50,614 | - | - | - |
| Depreciation and write-downs of the year | €5,176 | €177 | - | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,786 | €5,000 | €5,177 | €5,176 | €177 | - | - | - |
| Other operating charges640/8 | - | - | - | - | €932 | €328 | €1,040 | ▲ 217% |
| Gross operating margin9900 | €17,340 | €61,005 | €10,842 | €20,153 | €39,718 | €47,363 | €25,868 | ▼ 45.4% |
| Operating profit (loss)9901 | €10,771 | €55,320 | €3,705 | €14,977 | €38,610 | €47,035 | €24,828 | ▼ 47.2% |
| Financial income75/76B | - | - | - | €3,200 | €5,195 | - | €7,490 | - |
| Recurring financial income75 | €2,908 | €4,001 | €2,700 | €3,200 | €5,195 | - | €7,490 | - |
| Financial charges65/66B | - | - | - | €710 | €1,213 | €3,827 | €700 | ▼ 81.7% |
| Recurring financial charges65 | €2,290 | €1,308 | €839 | €710 | €1,213 | €3,827 | €700 | ▼ 81.7% |
| Profit (loss) for the period before taxes9903 | €11,389 | €58,013 | €5,566 | €17,467 | €42,591 | €43,208 | €31,617 | ▼ 26.8% |
| Income taxes67/77 | €3,000 | €9,602 | €2,609 | €5,558 | €18,486 | €24,205 | €25,052 | ▲ 3.5% |
| Profit (loss) for the period9904 | €8,389 | €48,411 | €2,957 | €11,909 | €24,106 | €19,003 | €6,565 | ▼ 65.5% |
| Profit (loss) for the period to be appropriated9905 | €8,389 | €48,411 | €2,957 | €11,909 | €24,106 | €19,003 | €6,565 | ▼ 65.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €60,853 | €119,864 | €81,431 | €106,179 | €116,872 | €157,223 | €161,372 | ▲ 2.6% |
| Fixed assets21/28 | €25,000 | €35,000 | €30,353 | €75,791 | €25,000 | €25,000 | €25,000 | = |
| Tangible fixed assets22/27 | €25,000 | €35,000 | €30,353 | €25,177 | €25,000 | €25,000 | €25,000 | = |
| Land and buildings22 | - | - | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Furniture and vehicles24 | - | - | - | €177 | €0 | €0 | €0 | - |
| Financial fixed assets28 | - | - | - | €50,614 | - | - | - | - |
| Current assets29/58 | €35,853 | €84,864 | €51,078 | €30,388 | €91,872 | €132,223 | €136,372 | ▲ 3.1% |
| Amounts receivable after more than one year29 | - | - | - | - | €50,614 | €90,614 | €122,347 | ▲ 35.0% |
| Other amounts receivable291 | - | - | - | - | €50,614 | €90,614 | €122,347 | ▲ 35.0% |
| Amounts receivable within one year40/41 | €33,054 | €78,556 | €48,966 | €6,432 | €37,271 | €37,755 | €13,620 | ▼ 63.9% |
| Trade receivables40 | - | - | - | €5,684 | €14,965 | €24,324 | €13,438 | ▼ 44.8% |
| Other amounts receivable41 | - | - | - | €748 | €22,306 | €13,430 | €182 | ▼ 98.6% |
| Cash at bank and in hand54/58 | €2,799 | €6,308 | €2,112 | €23,956 | €3,987 | €3,855 | €405 | ▼ 89.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €60,853 | €119,864 | €81,431 | €106,179 | €116,872 | €157,223 | €161,372 | ▲ 2.6% |
| Equity10/15 | €26,989 | €25,400 | €28,357 | €40,266 | €64,373 | €83,376 | €89,942 | ▲ 7.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €20,460 | ▲ 10.0% |
| Contributions outside capital11 | - | - | - | €18,600 | - | - | - | - |
| Other1109/19 | - | - | - | €18,600 | - | - | - | - |
| Reserves13 | €1,000 | €1,860 | €1,860 | €13,771 | €37,877 | €56,880 | €55,020 | ▼ 3.3% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | €0 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | €0 | - |
| Distributable reserves133 | - | - | - | €11,911 | €36,017 | €56,880 | €55,020 | ▼ 3.3% |
| Profit (loss) carried forward14 | €7,389 | €4,940 | €7,897 | €7,895 | €7,897 | €7,897 | €14,462 | ▲ 83.1% |
| Amounts payable17/49 | €33,864 | €94,464 | €53,074 | €65,913 | €52,499 | €73,847 | €71,431 | ▼ 3.3% |
| Amounts payable after more than one year17 | - | €20,595 | €18,289 | €15,911 | €13,459 | €10,930 | €8,323 | ▼ 23.9% |
| Financial debts170/4 | - | - | - | €15,911 | €13,459 | €10,930 | €8,323 | ▼ 23.9% |
| Amounts payable within one year42/48 | €33,864 | €73,869 | €34,785 | €50,002 | €39,040 | €40,386 | €41,759 | ▲ 3.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,378 | €11,429 | €6,582 | €4,464 | ▼ 32.2% |
| Trade debts44 | €26,435 | €145 | €162 | €511 | €987 | €55 | €30 | ▼ 46.0% |
| Suppliers440/4 | - | - | - | €511 | €987 | €55 | €30 | ▼ 46.0% |
| Taxes, remuneration and social security45 | - | - | - | €47,113 | €26,623 | €33,749 | €25,705 | ▼ 23.8% |
| Taxes450/3 | - | - | - | €47,113 | €26,623 | €33,749 | €25,705 | ▼ 23.8% |
| Other amounts payable47/48 | - | - | - | - | €0 | €0 | €11,560 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €22,531 | €21,349 | ▼ 5.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,389 | €48,411 | €2,957 | €11,909 | €24,106 | €19,003 | €6,565 | ▼ 65.5% |
| + Depreciation and write-downs630 | €3,786 | €5,000 | €5,177 | €5,176 | €177 | - | - | - |
| Operating cash flow (approximation) | €12,175 | €53,411 | €8,134 | €17,085 | €24,282 | €19,003 | €6,565 | ▼ 65.5% |
| Investment in fixed assets (approximation) | - | -€15,000 | -€530 | -€50,614 | €50,614 | €0 | €0 | - |
| Change in cash | - | €3,509 | -€4,196 | €21,844 | -€19,969 | -€132 | -€3,450 | ▼ 2,506% |
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, 5,047 companies had the same profile as 3TREES has now. Two years later, 93.9% were still going and 2.2% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of 3TREES itself: 2.0% 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 5,047 companies, not a prediction for 3TREES. 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 (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00534595 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00195852 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00431162 | |
| 31-12-2021 | micro format | 04-08-2022 | 2022-20269340 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59500388 | |
| 31-12-2019 | micro format | 26-10-2020 | 2020-63400392 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59200290 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-06-2024 Converted to unavailable equity · €20,460
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| RIVERA Emmanuel |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Assemblée nommant fixe nombre,durée et en pluralité pouvoirs, 1”“Assemblée générale décide si mandat exercé gratuitement, montant fixe ou proportionnel déterminé par assemblée majorité absolue voix ou…”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata actions si plusieurs, pli recommandé à organe d’administration avec…”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Quelque cause et moment, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 13-06-2024 (in French)
Network & group
Board mandates elsewhere
1 board mandateConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
13-06
Gazette deed
Change of role: RIVERA Emmanuel, from manager to directorCapital conversion · Reserve release · Amendment of the articles10 points ▸
- General meeting, 04-06-2024
- Other provision, “adaptation statuts au CSA et maintien forme SRL, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression, compte de capitaux propres statutairement indisponible créé en application de l’article 39,§2,deuxième alinéa loi du 23 mars” (deed in French)
- Amendment of the articles
- Capital
- Director resignation, RIVERA Emmanuel (manager)
- Director appointment, RIVERA Emmanuel (director (not named in the articles))
- Director discharge, RIVERA Emmanuel
- Registered office clause, “6230-Pont-à-Celles,place du Marais,34, toute communication vers cette adresse par actionnaires,titulaires titres émis par société et titulaires certificats émis…” (deed in French)
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
28 activities
- Tous services généraux et notamment l’activité intermédiaire de renseignements,d’intermédiaire en service généralement quelconques,elle peut également exercer des activités de courtier d’affaires immobilières,de bureaux d’étude,d’organisation et de conseils en matière financière,commerciale,fiscale ou sociale ou encore les activités d’intermédiaire commerciale.
- La gestion d’un patrimoine immobilier,la vente l’échange,l’achat,la construction par la sous-traitance,la transformation,la démolition,la reconstruction,la restauration,l’exploitation directe ou en régie,l’entretien,le développement,l’embellissement,la location,la prise en location,la gérance d’immeubles bâtis ou non,meublés ou non,le lotissement.
- Toutes activités en rapport direct ou indirect avec,sous toutes ses formes,la gestion,la location,l'exploitation,la mise en valeur,la rentabilisation économique,le regroupement,de son patrimoine immobilier ou mobilier.
- Et en général tout ce qui se rattache directement ou indirectement à la promotion immobilière dans son sens le plus large.
- L’organisation de soirées festives,la conception et l'organisation d'événements
- L'acquisition,la vente,l'exploitation,sous quelque forme que ce soit,de toutes licences,marques de fabrique,brevets,inventions ainsi que l'importation,l'exportation et plus généralement le commerce sous toutes ses formes et dans son sens le plus large de tout équipement industriel,en ce compris tous les accessoires et matériels divers ainsi que les matières premières,nécessaire ou utile à l'exercice de son objet social.
- Toutes opérations financières généralement quelconques et notamment,toutes opérations de location-financement(leasing)et toutes opérations habituellement traitées par les sociétés de financement,parmi lesquelles l'octroi de prêts ou d'ouvertures de crédits au moyen de fonds propres ou non.
- Contracter ou consentir tous emprunts hypothécaires ou non,donner ou prendre en gage ou en caution,consentir des garanties(hypothécaires),même pour des tiers(exception faite pour les opérations réservées par la loi ou la réglementation aux banques ou aux institutions de crédit).
- La prestation de services,livraison de biens,fourniture de toutes études,expertises et conseils en toutes matières et notamment en matière d'études de marché,de redressement de sociétés en difficultés,en matière d'investissements,en matière de recherche de personnel,en matière de formation ou d'organisation de la formation des gestionnaires dirigeants ou cadres des entreprises,sociétés ou associations,en matière fiscale et patrimoniale.
- La vente,la location,la mise à disposition de tous procédés ou autres droits intellectuels et de tout matériel se rapportant directement ou indirectement aux activités ci-dessus.
- La constitution de réseaux d'influence nationaux,régionaux et internationaux.
- Toutes opérations quelconques,commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à des prestations de services en matière de consultance,d'administration et de gestion de sociétés;
- Toutes opérations se rapportant directement ou indirectement à l’achat,la vente,l’importation,l’exportation,la fabrication,l’installation et le montage de biens en tous genres plus particulièrement relatifs au domaine œnologique mais également et plus généralement de tout produit pouvant exister dans le commerce,notamment spiritueux.
- Elle pourra acheter,vendre,en gros ou en détail,et de manière générale,faire le commerce de tous articles,produits ou matériel se rapportant à son activité précitée.
- Toutes opérations quelconques,commerciales,financières,mobilières ou immobilières se rapportant directement ou indirectement à des prestations de services en matière de consultance,d'administration et de gestion de sociétés;
- L'administration et/ou la direction d'autres sociétés ou entreprises et/ou de patrimoines;
- Toutes fonctions de consultance et/ou de services liés aux domaines de la stratégie,de la finance,de la gestion de projets,de la fiscalité,de l’organisation et représentation au sens large,au développement d’entreprises,etc;
- Les opérations d’achat et de revente,ainsi que la location de matériel,biens d’équipement et de consommation divers;
- Le traitement d’image,le reportage photo,les travaux studio,la création de sites web,de musée,d’expositions ou toutes autres manifestations en rapport avec la photographie ou l’imagerie au sens large.
- Toutes productions publicitaires,création et organisation d'événements,achats et ventes d'objets promotionnels,l'achat,la vente ou la location de fichiers d'adresses,d'espaces et de supports publicitaires,le traitement,la manutention et l'expédition de courrier.
- L'édition,l'impression par sous-traitance de publications et diffusion:De tous livres,brochures et imprimés en ce compris les atlas et les ouvrages édités dans un but de publicité ou dans un but littéraire,scientifique,artistique,d'information,de propagande politique ou philosophique ou de réclame commerciales.
- De tous les journaux et publications périodiques imprimés en ce compris ceux édités dans un but de réclame ou dans un but littéraire,scientifique,artistique,d'information,de propagande politique ou philosophique ou de réclame commerciale.
- Des registres et cahiers de tout genre dans un but de réclame ou dans un but littéraire,scientifique,artistique,d'information,de propagande politique ou philosophique ou de réclame commerciale.
- Des gravures,photographies,décalcomanies,vignettes publicitaires en tout genre dans un but de réclame ou dans un but littéraire,scientifique,artistique,d'information,de propagande politique ou philosophique ou de réclame commerciale.
- L'achat,la vente,la création,la fabrication,la transformation,la représentation et l'entretien de tous matériels,brevets et systèmes se rapportant aux activités ci-avant décrites ainsi que de toutes fournitures et matériels généralement quelconques relatifs à son objet.
- Le transport des marchandises,matières et matériels ci-avant.
- L'intervention comme intermédiaire ou autre,l'exploitation de toutes représentations industrielles et/ou recherches techniques et/ou scientifiques se rapportant aux activités et produits visés ci-dessus.
- L'import-export de tout ce qui précède.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52055D0431/00N000 | Wallonia | 535 m² | 1 · 53 m² | 11.4 m · 3 |