De Drie keuningen
ActiveSummary
De Drie keuningen has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.67M and a net result of €-11k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 95% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.61 in 2024; short-term debt: 1.9% and cash: 1% of total assets), and 2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
98%
Return on assets
-0.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
27 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€8.67M▼ 0.1%
2024 · €8.68M
Total assets
€8.85M▼ 0.3%
2024 · €8.88M
Net result
€-11k
2024 · €28k
Working capital
€-36k▲ 51.1%
2024 · €-74k
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
Line20212022202320242025
Operating result€-2k€-29k▼ 1,287%€59k€39k▼ 34.0%€-9k
Net result€-11k€-34k▼ 221%€51k€28k▼ 45.8%€-11k
Equity€8.64M▼ 0.1%€8.60M▼ 0.4%€8.66M▲ 0.6%€8.68M▲ 0.3%€8.67M▼ 0.1%
Total assets€8.88M▼ 1.4%€8.87M▼ 0.1%€8.86M▼ 0.1%€8.88M▲ 0.2%€8.85M▼ 0.3%
Debt€240k▼ 31.9%€265k▲ 10.2%€205k▼ 22.4%€196k▼ 4.7%€181k▼ 7.7%
Working capital€-163k▼ 45.1%€-160k▲ 2.1%€-117k▲ 26.5%€-74k▲ 37.1%€-36k▲ 51.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €39k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.85M
Fixed assets
€8.72M ▼ 0.6%
Current assets
€136k ▲ 19.4%
Equity and liabilities €8.85M
Equity
€8.67M ▼ 0.1%
Debt
€181k ▼ 7.7%
Debt's share of the balance-sheet total falls from 2.2% to 2.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€39k▼
2024 · €87k
Cash flow
€37k▼
2024 · €76k
Current ratio
0.79▲
2024 · 0.61
Debt to equity
0.02▼
2024 · 0.02
ROE
-0.1%▼
2024 · 0.3%
ROA
-0.1%▼
2024 · 0.3%
Interest coverage
15.75▼
2024 · 29.18
Debt ≤ 1 year
€172k▼
2024 · €188k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€462▼
2024 · €9k
Staff costs
€88k▲
2024 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €7k | €24k | €37k | €70k | €88k | ▲ 26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68k | €44k | €47k | €48k | €48k | ▲ 0.3% |
| Other operating charges640/8 | €7k | €96k | €2k | €2k | €2k | ▲ 12.2% |
| Gross operating margin9900 | €80k | €135k | €145k | €158k | €129k | ▼ 18.5% |
| Operating profit (loss)9901 | €-2k | €-29k | €59k | €39k | €-9k | ▼ 124% |
| Financial income75/76B | €0 | €0 | €294 | €1k | €1k | ▼ 28.9% |
| Recurring financial income75 | €0 | €0 | €294 | €1k | €1k | ▼ 28.9% |
| Financial charges65/66B | €8k | €5k | €8k | €3k | €2k | ▼ 16.5% |
| Recurring financial charges65 | €8k | €5k | €8k | €3k | €2k | ▼ 16.5% |
| Profit (loss) for the period before taxes9903 | €-11k | €-34k | €51k | €37k | €-11k | ▼ 129% |
| Income taxes67/77 | - | - | - | €9k | €462 | ▼ 95.1% |
| Profit (loss) for the period9904 | €-11k | €-34k | €51k | €28k | €-11k | ▼ 140% |
| Profit (loss) for the period to be appropriated9905 | €-11k | €-34k | €51k | €28k | €-11k | ▼ 140% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.88M | €8.87M | €8.86M | €8.88M | €8.85M | ▼ 0.3% |
| Fixed assets21/28 | €8.85M | €8.82M | €8.81M | €8.76M | €8.72M | ▼ 0.6% |
| Tangible fixed assets22/27 | €8.85M | €8.82M | €8.81M | €8.76M | €8.72M | ▼ 0.6% |
| Land and buildings22 | €8.84M | €8.80M | €8.79M | €8.75M | €8.70M | ▼ 0.5% |
| Plant, machinery and equipment23 | €9k | €15k | €15k | €13k | €10k | ▼ 18.9% |
| Furniture and vehicles24 | - | - | €3k | €3k | €2k | ▼ 32.0% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €25k | €50k | €49k | €114k | €136k | ▲ 19.4% |
| Amounts receivable within one year40/41 | - | - | €15k | €33k | €36k | ▲ 10.0% |
| Other amounts receivable41 | - | - | €15k | €33k | €36k | ▲ 10.0% |
| Cash at bank and in hand54/58 | €10k | €34k | €16k | €64k | €89k | ▲ 39.4% |
| Deferred charges and accrued income490/1 | €15k | €16k | €17k | €18k | €11k | ▼ 35.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.88M | €8.87M | €8.86M | €8.88M | €8.85M | ▼ 0.3% |
| Equity10/15 | €8.64M | €8.60M | €8.66M | €8.68M | €8.67M | ▼ 0.1% |
| Contributions10/11 | €8.48M | €8.48M | €8.48M | €8.48M | €8.48M | = |
| Reserves13 | €29k | €29k | €29k | €208k | €197k | ▼ 5.3% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €23k | €23k | €23k | €202k | €191k | ▼ 5.5% |
| Profit (loss) carried forward14 | €134k | €100k | €151k | €0 | - | - |
| Amounts payable17/49 | €240k | €265k | €205k | €196k | €181k | ▼ 7.7% |
| Amounts payable after more than one year17 | €48k | €43k | €24k | €2k | €0 | ▼ 100% |
| Financial debts170/4 | €48k | €43k | €24k | €2k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €188k | €209k | €166k | €188k | €172k | ▼ 8.3% |
| Current portion of amounts payable after more than one year42 | €75k | €31k | €43k | €22k | €2k | ▼ 91.1% |
| Financial debts43 | €51 | €51 | €46 | €46 | €46 | ▼ 0.3% |
| Credit institutions430/8 | €51 | €51 | €46 | €46 | €46 | ▼ 0.3% |
| Trade debts44 | €9k | €5k | €8k | €13k | €2k | ▼ 86.3% |
| Suppliers440/4 | €9k | €5k | €8k | €13k | €2k | ▼ 86.3% |
| Taxes, remuneration and social security45 | €12k | €12k | €15k | €2k | €11k | ▲ 413% |
| Taxes450/3 | €5k | €5k | €15k | €0 | €9k | - |
| Remuneration and social security454/9 | €8k | €8k | €7 | €2k | €2k | ▲ 7.2% |
| Other amounts payable47/48 | €92k | €162k | €101k | €150k | €157k | ▲ 4.5% |
| Accrued charges and deferred income492/3 | €5k | €13k | €15k | €6k | €8k | ▲ 42.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-11k | €-34k | €51k | €28k | €-11k | ▼ 140% |
| + Depreciation and write-downs630 | €68k | €44k | €47k | €48k | €48k | ▲ 0.3% |
| Operating cash flow (approximation) | €57k | €10k | €98k | €76k | €37k | ▼ 50.9% |
| Investment in fixed assets (approximation) | - | €-9k | €-40k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €24k | €-17k | €47k | €25k | ▼ 46.9% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €51k
Net result €51k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Damme · 1 establishment unit since 2018
Ground area
2,580 m²
Building footprint
299 m²
Volume, LiDAR
1,435 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Drie keuningen
since 20182.278.415.875
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31019A0781/00K000 | Flanders | 1,431 m² | 1 · 172 m² | 5.9 m · 1 fl. |
| 31433D0117/00M000 | Flanders | 1,150 m² | 1 · 127 m² | 8.4 m · 2 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.
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Of 583 companies in sector 46496 we hold annual accounts for 383. 99 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 (pre-2019)
Founded01-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
46496Wholesale trade
47551Retail sale of household furniture
47640Retail sale of games and toys
Scores and ratios are computed by Checked and are not a credit decision.