Active BE 0701.849.339Private limited company

De Vurige Drie

Bruglaan 9 ·3960 Bree, Belgium· 8 yrs active

Sector: Activities of holding companies (64210)

Conclusion Checked

De Vurige Drie is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €139k and a net result of €76k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 7837 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€139k
Net result	€76k
Better than sector	34%
Active	8 yrs

Financial profile 4 of 5 axes measured · computed by Checked

83 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 100

Solvency 54

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview7 NBB filings

Annual accounts filed on 27-04-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~41% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 64, Financial service activities, except insurance and pension funding · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	31.2%	51.3%	better than 34% of 7837 sector peers
Net result	€76k	€33k	better than 72% of 7841 sector peers
Equity	€139k	€132k	better than 51% of 7843 sector peers
Gross operating margin	€128k	€63k	better than 75% of 7830 sector peers
Total assets	€447k	€337k	better than 57% of 7840 sector peers

Net profit

€76k

+69.4% 21-25

Total assets

€447k

+14.2% 21-25

Equity

€139k

+119.7% 21-25

Income taxes

€28k

+56.0% 21-25

Dividends

€9k

- 21-25

Debt

€308k

-6.2% 21-25

Debt ≤ 1y

€125k

-6.1% 21-25

Debt > 1y

€183k

-5.6% 21-25

Solvency

31.2%

+92.4% 21-25

ROE

54.5%

-22.9% 21-25

ROA

17.0%

+48.4% 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	n/a	n/a	n/a	n/a	n/a
EBITDA	n/a	n/a	n/a	n/a	n/a
Net profit	€76k	€45k	€25k	€29k	€-20k
Cash flow	n/a	n/a	n/a	n/a	n/a
Staff costs	-	-	-	-	-
Income taxes	€28k	€18k	€9k	-	-
Dividends	-	-	€9k	-	-
Total assets	€447k	€391k	€399k	€393k	€334k
Equity	€139k	€63k	€19k	€2k	€-27k
Debt	€308k	€328k	€380k	€390k	€361k
of which ≤ 1y	€125k	€133k	€175k	€176k	€136k
of which > 1y	€183k	€194k	€204k	€215k	€225k
Working capital	n/a	n/a	n/a	n/a	n/a
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	n/a	n/a	n/a	n/a	n/a
Quick ratio	n/a	n/a	n/a	n/a	n/a
Working capital ratio	n/a	n/a	n/a	n/a	n/a
Solvency	31.2%	16.2%	4.7%	0.6%	-8.0%
Debt / equity	n/a	n/a	n/a	n/a	n/a
Long-term debt ratio	n/a	n/a	n/a	n/a	n/a
Interest coverage	n/a	n/a	n/a	n/a	n/a
Gross margin	n/a	n/a	n/a	n/a	n/a
Net margin	n/a	n/a	n/a	n/a	n/a
ROA	17.0%	11.4%	6.4%	7.5%	-5.9%
ROE	54.5%	70.6%	136.6%	1183.9%	73.0%
EBITDA margin	n/a	n/a	n/a	n/a	n/a
Days sales outstanding	n/a	n/a	n/a	n/a	n/a
Days payable outstanding	n/a	n/a	n/a	n/a	n/a
Inventory turnover	n/a	n/a	n/a	n/a	n/a
Days inventory (DSI)	n/a	n/a	n/a	n/a	n/a

Balance-sheet composition 2025

Assets

Fixed assets €295k · 66.1% Current assets €152k · 33.9%

Equity & liabilities

Equity €139k · 31.2% Debt €308k · 68.9%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€447k	€391k	€399k	€393k	€334k
Fixed assets	21/28	€295k	€308k	€326k	€341k	€330k
Tangible fixed assets	22/27	€295k	€308k	€326k	€341k	€330k
Current assets	29/58	€152k	€83k	€72k	€52k	€5k
Amounts receivable within one year	40/41	€22k	€33k	€7k	€16k	-
Cash & bank	54/58	€129k	€49k	€64k	€35k	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€447k	€391k	€399k	€393k	€334k
Equity	10/15	€139k	€63k	€19k	€2k	€-27k
Contributions / capital	10/11	€19k	€19k	€19k	€19k	€19k
Reserves	13	€121k	€45k	-	-	-
Accumulated profits (losses)	14	-	-	-	€-16k	€-45k
Amounts payable	17/49	€308k	€328k	€380k	€390k	€361k
Amounts payable after one year	17	€183k	€194k	€204k	€215k	€225k
Amounts payable within one year	42/48	€125k	€133k	€175k	€176k	€136k
Trade debts payable within one year	44	€5k	€5k	€3k	-	-
Income statement
Gross operating margin	9900	€128k	€89k	€60k	€54k	€401
Operating result	9901	€108k	€67k	€39k	€34k	€-15k
Financial income	75	€17	-	-	-	€0
Financial charges	65	€4k	€4k	€4k	€4k	€5k
Result before taxes	9903	€104k	€63k	€34k	€29k	€-20k
Income taxes	67/77	€28k	€18k	€9k	-	-
Net result for the period	9904	€76k	€45k	€25k	€29k	€-20k
Result to be appropriated	9905	€76k	€45k	€25k	€29k	€-20k

Legal Structure

NACE primary	Activities of holding companies(64210)
Legal form	Private limited company(610)
Incorporation	29-08-2018
Status	Active
Postal code	3960

Establishment units 1 location

De Vurige Drie

Bruglaan 9, 3960 BreeFinancial service activities, except insurance and pension funding

since 20182.289.464.967

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72004B0128/00G000	Flanders	2,737 m²	1 · 208 m²	10.5 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

All 10Financial 3Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

27-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2021net €76k ▲69.4%

Operating result €108k, net result €76k, both a record.

31-12

Financial Equity above €100kEq €139k ▲120%

4 profitable years in a row build equity to €139k.

08-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

03-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 3 days late

2022

31-12

Financial Back to profitnet €29k

Net result €29k after one loss-making year.

28-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

07-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

03-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 3 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 2 acts read

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.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Holdings64200Activities of holding companies64210Renting and operating of own or leased residential real estate, excluding social housing68201

Names & trade names

Legal nameNL

De Vurige Drie

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