Third Bridge Belgium
ActiveThe computed 12-month bankruptcy probability of Third Bridge Belgium is 1.9% (moderate). The 2024 annual accounts show equity of €297k and a net result of €27k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 1099 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
78
/ 100
Excellent▼ -15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▼-44
Solvency97▲+1
Growth78=
Stability94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 2.11 in 2023), and 43.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
1 d early
2022
4 d early
2021
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27k▼ 43.9%
2023 · €49k
2021: €5k
2022: €46k
2023: €49k
2021 → 2024
Working capital
€297k▲ 10.1%
2023 · €270k
2021: €175k
2022: €221k
2023: €270k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€175k-€221k▲ 26.3%€270k▲ 22.1%€297k▲ 10.1%
Operating result€10k-€68k▲ 591%€70k▲ 3.8%€41k▼ 42.2%
Net result€5k-€46k▲ 781%€49k▲ 6.1%€27k▼ 43.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €528k
Equity
€297k▲ 10.1%
Debt
€231k▼ 5.4%
The debt ratio falls from 47.5% to 43.7%: equity grows while debt is paid down.
Key figures and ratios
Solvency
56.3%▲
2023 · 52.5%
Current ratio
2.29▲
2023 · 2.11
Quick ratio
2.29▲
2023 · 2.11
Debt / equity
0.78▼
2023 · 0.90
ROE
9.2%▼
2023 · 18.1%
ROA
5.2%▼
2023 · 9.5%
Debt
€231k▼
2023 · €244k
Debt ≤ 1 year
€231k▼
2023 · €244k
Income taxes
€9k▼
2023 · €18k
Staff costs
€77k▲
2023 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€514k€528k▲
Current assets29/58€514k€528k▲
Amounts receivable within one year40/41€368k€354k▼
Other amounts receivable41€368k€354k▼
Cash at bank and in hand54/58€146k€175k▲
Equity and liabilities
Total equity and liabilities10/49€514k€528k▲
Equity10/15€270k€297k▲
Contributions10/11€170k€170k=
Capital10€170k€170k=
Issued capital100€170k€170k=
Reserves13€5k€6k▲
Non-distributable reserves130/1€5k€6k▲
Legal reserve130€5k€6k▲
Profit (loss) carried forward14€95k€121k▲
Amounts payable17/49€244k€231k▼
Amounts payable within one year42/48€244k€231k▼
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€236k€221k▼
Taxes450/3€18k€0▼
Remuneration and social security454/9€218k€221k▲
Income statement
Code20232024
Remuneration, social security and pensions62€54k€77k▲
Other operating charges640/8€3k€544▼
Gross operating margin9900€127k€118k▼
Operating profit (loss)9901€70k€41k▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€67k€37k▼
Income taxes67/77€18k€9k▼
Profit (loss) for the period9904€49k€27k▼
Profit (loss) for the period to be appropriated9905€49k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€97k€122k▲
Profit (loss) brought forward from the previous period14P€49k€95k▲
Transfer to equity691/2€2k€1k▼
To the legal reserve6920€2k€1k▼
Social balance
Average headcount (FTE)90871.01.5▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2021net €49k ▲6.1%
Operating result €70k, net result €49k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 6.42
Current ratio from 2.45 to 6.42; short-term debt falls from €121k to €41k.
31-12
Financial
Equity above €200kEq €221k ▲26.3%
2 profitable years in a row build equity to €221k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 5231050 ElseneGround area
4,939 m²
Building footprint
2,095 m²
Volume, LiDAR
46,144 m³
2 parcels, Brussels · tallest building 38.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Third Bridge Belgium
since 20212.317.726.512
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
| 21682C0023/00N003 | Brussels | 1,410 m² | 1 · 218 m² | 11.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 2,704 companies in sector 73200 we hold annual accounts for 1,774. 1,324 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-06-2021
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.