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De Drie Koningen

Active
Private limited companyfounded 2001active for 25 yearsTwijnstraat 15, 8000 Brugge, BelgiumKBO/BCE: BE 0475.548.042
Summary

De Drie Koningen has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,752 and a net result of €53,078. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 40% of 1,598 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-08-2001 Normal situation
Activity
Holiday cottages, homes and apartments NACE 55203and 1 other
Establishment unit
2.101.421.262 8000 Brugge, since 13-12-2001
Financial year end
30 September
Peppol
Reachable since 06-01-2026

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€408,554
▲ 13.8%
Turnover
≈ €710,000
estimated
Profit
€53,078
▲ 23.3%
Equity
€256,752
▲ 26.1%
Total assets
€3.2m
▼ 2.0%
  • 2025 accounts filed 11 days after the deadline
Score breakdownraises riskEquity €256,752 (7.9% of total assets)lowers riskSize: total assets €3.2mFigures for financial year 2025 (filed on 20-05-2026)Founded in 2001Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of small companies in accommodation (NACE 55)
Financial strength · tick: 2024
Weak
Solvency 33+2
equity 7.9% of total assets
Liquidity 32+2
short-term debt 40.4% · cash 0.8%
Profitability 51-12
return on assets 1.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (579 companies, NACE 55, small)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%▼ -0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.2 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▼ -0.1 percentage points vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▲ +0.6 percentage points vs 04-2026highest value 06-2026: 0.1%▼ -1.2 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.03 (0.02 in 2024), below 1. Short-term debt is 40.4% and cash 0.8% of total assets. 92.1% of the assets are financed with debt and provisions.
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 55, small). It does better than 29% of them on solvency, 20% on liquidity, 44% on profitability and 84% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €3.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 20-05-2026)
NBB · annual accounts
raises risk · Equity €256,752 (7.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
15 days late
2023
43 days early
2022
2 days late
2021
on the day
2020
31 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 2 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 88% of companies in accommodationsector median €2,240 · 1,600 companies €53,078 View
  • Positive: Equity rose in 2025from €203,674 to €256,752 ▲ 26.1% View

Recent changes

  1. · Gazette deed Appointment: Lore Dufour (bestuur)
  2. · Gazette deed Company renamed from VITRAC SERVICES to De Drie KoningenResignations: ULENS Nico Eloi Maria (manager) and LAUWERS Ann Maria Jozefa (manager) · Appointment: ULENS Tom Ingrid (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as De Drie Koningen: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €2.9m and €3.6m, founded between 1998 and 2007.

CompanyTotal assetsGross margin
De Drie Koningen Brugge€3.2m€0.4m
HUBRECHT Zedelgem€3.6m€0.4m
ontwerpbureau vandenberghe / stedenbouw & architectuur Oostende€3.0m€0.5m
H ET Z Ukkel€3.6m€0.4m
MILIMMO Tongeren-Borgloon€2.9m€0.3m
HOEVE HAZEGRAS Knokke-Heist€3.6m€0.2m
Résidences Freddy Lodomez Malmedy€3.1m€0.5m
Full comparison

Key facts about De Drie Koningen

What is the company number of De Drie Koningen?
The company number of De Drie Koningen is 0475.548.042. The VAT number is the same number with BE in front: BE 0475.548.042.
Where is De Drie Koningen based?
The registered office is at Twijnstraat 15, 8000 Brugge.Company details
What does De Drie Koningen do?
According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
What is the legal form of De Drie Koningen?
The legal form of De Drie Koningen is Private limited company (BV).
When was De Drie Koningen founded?
De Drie Koningen was founded on 30-08-2001.
Is De Drie Koningen still active?
Yes, De Drie Koningen is an active enterprise in the KBO register.
How many employees does De Drie Koningen have?
De Drie Koningen had an average of 0.1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of De Drie Koningen?
The turnover in financial year 2025 is ≈ €710,000. This figure is estimated from the gross margin of €408,554 and 35 comparable companies (NACE 55). It probably lies between €590,000 and €970,000.
Is De Drie Koningen profitable?
In financial year 2025, De Drie Koningen made a profit of €53,078.
Where can I find the annual accounts of De Drie Koningen?
De Drie Koningen filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of De Drie Koningen due?
De Drie Koningen must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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