B 3
ActiveSummary
B 3 has been active since 2000 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show negative equity (-€233,619) and a net result of -€21,359. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 9% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▲+1
Solvency0=
Growth58=
Track record84
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 28.84 against 19.22 in 2024; short-term debt: 3.5% and cash: 0.3% of total assets), but equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-29.2%
Return on assets
-2.7%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€233,619
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-05-2026, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
97 d late
2024
462 d late
2023
833 d late
2022
1193 d late
2021
28 d late
2020
3 d early
2019
28 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 377 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€233,619▼ 10.1%
2024 · -€212,259
Total assets
€799,981▲ 65.1%
2024 · €484,543
Net result
-€21,359▼ 8.1%
2024 · -€19,751
Working capital
€771,046▲ 68.1%
2024 · €458,656
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Operating result-€12,766▼ 85.7%€2,600-€889-€19,483▼ 2,092%-€19,231▲ 1.3%
Net result-€12,887below the sector's middle half▼ 73.8%€2,886within the sector's middle half-€769within the sector's middle half-€19,751below the sector's middle half▼ 2,468%-€21,359below the sector's middle half▼ 8.1%
Equity-€194,626below the sector's middle half▼ 7.1%-€191,740below the sector's middle half▲ 1.5%-€192,509below the sector's middle half▼ 0.4%-€212,259below the sector's middle half▼ 10.3%-€233,619below the sector's middle half▼ 10.1%
Total assets€45,035below the sector's middle half▲ 9.4%€276,929within the sector's middle half▲ 515%€356,429within the sector's middle half▲ 28.7%€484,543within the sector's middle half▲ 35.9%€799,981within the sector's middle half▲ 65.1%
Debt€239,661▲ 7.5%€468,669▲ 95.6%€548,938▲ 17.1%€696,802▲ 26.9%€1.0m▲ 48.3%
Working capital€16,121within the sector's middle half▼ 44.7%€243,694above the sector's middle half▲ 1,412%€343,715above the sector's middle half▲ 41.0%€458,656above the sector's middle half▲ 33.4%€771,046above the sector's middle half▲ 68.1%
Solvency-432.2%below the sector's middle half▲ 9.4pp-69.2%below the sector's middle half▲ 362.9pp-54.0%below the sector's middle half▲ 15.2pp-43.8%below the sector's middle half▲ 10.2pp-29.2%below the sector's middle half▲ 14.6pp
Current ratio1.61within the sector's middle half▼ 2.458.58above the sector's middle half▲ 6.9730.33above the sector's middle half▲ 21.7519.22above the sector's middle half▼ 11.1028.84above the sector's middle half▲ 9.62
Return on assets (ROA)-28.6%below the sector's middle half▼ 10.6pp1.0%within the sector's middle half▲ 29.7pp-0.2%within the sector's middle half▼ 1.3pp-4.1%below the sector's middle half▼ 3.9pp-2.7%below the sector's middle half▲ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, 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 stays negative: a loss of €19,231 in 2025 against €19,483 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €799,981
Fixed assets
€1,239 ▲ 72.9%
Current assets
€798,742 ▲ 65.1%
Key figures and ratios
EBITDA
-€18,954▲
2024 · -€19,205
Cash flow
-€21,082▼
2024 · -€19,473
Quick ratio
1.31▲
2024 · 0.50
Debt to equity
-4.42▼
2024 · -3.28
Interest coverage
-149.95▼
2024 · -56.06
Debt ≤ 1 year
€27,695▲
2024 · €25,170
Debt > 1 year
€1.0m▲
2024 · €669,332
Income taxes
€2,159
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.6%
went bankrupt
3.8%
stopped otherwise
93%
still going
A further 1.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,662 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% | 1.7% |
| 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 75% 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 1,242 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 | €1,405 | €1,343 | €278 | €278 | €278 | = |
| Other operating charges640/8 | - | €2,589 | €2,688 | €934 | €863 | ▼ 7.6% |
| Gross operating margin9900 | -€8,545 | €6,531 | €2,077 | -€18,271 | -€18,090 | ▲ 1.0% |
| Operating profit (loss)9901 | -€12,766 | €2,600 | -€889 | -€19,483 | -€19,231 | ▲ 1.3% |
| Financial income75/76B | - | €500 | €734 | €74 | €157 | ▲ 112% |
| Recurring financial income75 | - | €500 | €734 | €74 | €157 | ▲ 112% |
| Financial charges65/66B | - | €214 | €614 | €343 | €126 | ▼ 63.1% |
| Recurring financial charges65 | €121 | €214 | €614 | €343 | €126 | ▼ 63.1% |
| Profit (loss) for the period before taxes9903 | -€12,887 | €2,886 | -€769 | -€19,751 | -€19,201 | ▲ 2.8% |
| Income taxes67/77 | - | - | - | - | €2,159 | - |
| Profit (loss) for the period9904 | -€12,887 | €2,886 | -€769 | -€19,751 | -€21,359 | ▼ 8.1% |
| Profit (loss) for the period to be appropriated9905 | -€12,887 | €2,886 | -€769 | -€19,751 | -€21,359 | ▼ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,035 | €276,929 | €356,429 | €484,543 | €799,981 | ▲ 65.1% |
| Fixed assets21/28 | €2,415 | €1,072 | €994 | €717 | €1,239 | ▲ 72.9% |
| Tangible fixed assets22/27 | €2,415 | €1,072 | €794 | €517 | €239 | ▼ 53.7% |
| Plant, machinery and equipment23 | - | €1,072 | €794 | €517 | €239 | ▼ 53.7% |
| Financial fixed assets28 | - | - | €200 | €200 | €1,000 | ▲ 400% |
| Current assets29/58 | €42,620 | €275,857 | €355,435 | €483,826 | €798,742 | ▲ 65.1% |
| Stocks and contracts in progress3 | €2,683 | €239,914 | €330,314 | €471,194 | €762,416 | ▲ 61.8% |
| Stocks30/36 | - | €239,914 | €330,314 | €471,194 | €762,416 | ▲ 61.8% |
| Amounts receivable within one year40/41 | €37,367 | €35,225 | €23,977 | €6,888 | €33,959 | ▲ 393% |
| Trade receivables40 | - | €35,225 | €23,977 | €6,427 | €24,992 | ▲ 289% |
| Other amounts receivable41 | - | - | - | €461 | €8,967 | ▲ 1,845% |
| Cash at bank and in hand54/58 | €2,570 | €718 | €1,144 | €5,744 | €2,367 | ▼ 58.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,035 | €276,929 | €356,429 | €484,543 | €799,981 | ▲ 65.1% |
| Equity10/15 | -€194,626 | -€191,740 | -€192,509 | -€212,259 | -€233,619 | ▼ 10.1% |
| Contributions10/11 | - | €19,500 | €19,500 | €19,500 | €19,500 | = |
| Reserves13 | €5,550 | €5,550 | €5,550 | €5,550 | €5,550 | = |
| Distributable reserves133 | - | €5,550 | €5,550 | €5,550 | €5,550 | = |
| Profit (loss) carried forward14 | -€219,676 | -€216,790 | -€217,559 | -€237,310 | -€258,669 | ▼ 9.0% |
| Amounts payable17/49 | €239,661 | €468,669 | €548,938 | €696,802 | €1.0m | ▲ 48.3% |
| Amounts payable after more than one year17 | €212,814 | €436,047 | €534,571 | €669,332 | €1.0m | ▲ 49.9% |
| Financial debts170/4 | - | €436,047 | €534,571 | €669,332 | €1.0m | ▲ 49.9% |
| Amounts payable within one year42/48 | €26,499 | €32,163 | €11,720 | €25,170 | €27,695 | ▲ 10.0% |
| Trade debts44 | €23,551 | €25,529 | €2,534 | €22,179 | €23,641 | ▲ 6.6% |
| Suppliers440/4 | - | €25,529 | €2,534 | €22,179 | €23,641 | ▲ 6.6% |
| Taxes, remuneration and social security45 | - | €3,893 | €6,445 | €250 | €1,313 | ▲ 425% |
| Taxes450/3 | - | €3,893 | €6,445 | €250 | €1,313 | ▲ 425% |
| Other amounts payable47/48 | - | €2,741 | €2,741 | €2,741 | €2,741 | = |
| Accrued charges and deferred income492/3 | - | €459 | €2,647 | €2,300 | €2,300 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,887 | €2,886 | -€769 | -€19,751 | -€21,359 | ▼ 8.1% |
| + Depreciation and write-downs630 | €1,405 | €1,343 | €278 | €278 | €278 | = |
| Operating cash flow (approximation) | -€11,482 | €4,229 | -€491 | -€19,473 | -€21,082 | ▼ 8.3% |
| Investment in fixed assets (approximation) | - | €0 | -€200 | -€0 | -€800 | ▼ 177,678% |
| Change in cash | - | -€1,852 | €426 | €4,600 | -€3,377 | ▼ 173% |
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
05-06
KBO administration
Strikeout withdrawn
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 833 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 97 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 462 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1193 days late
03-04
KBO administration
Late accounts filing
2023
30-06
Financial
Liquidity quadruplescurrent ratio 30.33
Current ratio from 8.58 to 30.33; short-term debt falls from €32,163 to €11,720.
2022
30-06
Financial
Back to profitnet €2,886
Net result €2,886 after 3 loss-making years.
30-06
Financial
Liquidity times 5current ratio 8.58
Current ratio from 1.61 to 8.58.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity times 23current ratio 4.06
Current ratio from 0.17 to 4.06; short-term debt falls from €208,526 to €9,550.
Show earlier events
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 393 days late
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Knokke-Heist · 1 establishment unit since 2000
Ground area
125 m²
Building footprint
125 m²
Volume, LiDAR
1,818 m³
Parcel 31334B0477/00_000, Flanders · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
B3
since 20002.101.069.191
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0477/00_000 | Flanders | 125 m² | 1 · 125 m² | 17.5 m · 5 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.
Similar companies · same sector and region
AGENTSCHAP PALLEN
BE 0415.860.081
Knokke-Heist
AGIMOBEL
BE 0457.367.074
Knokke-Heist
ALEX DEWULF
BE 0457.822.083
Knokke-Heist
AMELOU
BE 0457.808.128
Knokke-Heist
ANFRA
BE 0414.375.684
Knokke-Heist
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-2000
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
47559Retail sale of other household articles
47791Retail sale of antiques
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473101365
Registered
09-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.