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Three Streams

Active Private limited companyfounded 2015active for 11 yearsLouis Van Houttestraat 13, 9050 GhentKBO/BCE: BE 0598.906.209

Lifetime

11 annual accounts with figures on one time axis
peak €91,770 (2021)
€67,514▲ 32.7%
lowest -€2,328 (2016)
€51,564▲ 33.9%
peak €59,076 (2017)
€23,585▼ 59.7%
€66,005▲ 24.1%
Board1 name since 2015
1 director
Documentsfilings and deeds
24-03-2026129 days before the deadline
2025micro format
Gross margin from €50,866 to €67,514Result from €38,507 to €51,564Dividend €86,564Equity from €58,585 to €23,585Debts from €53,198 to €66,005

Key points

from the 2025 annual accounts

Equity

€23,585 ▼ 59.7%
58,5852024+51,564Profit-86,564Dividend23,5852025

Three Streams paid out €86,564 in dividends. That is 168% of the 2025 profit.

Debts

€66,005 74% of the balance sheet
Suppliers 1%Taxes and wages 12%Other 87%

Of this, €59,914 falls due within a year.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2019 accounts came latest: 49 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,052 companies had the same profile as Three Streams has now. Each dot stands for 13 companies, two years later.

95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,052 companies, not a prediction for Three Streams. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 23-02-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0598906209
Company renamed from Xittez to Three Streams Appointment: (director) · General meeting of 13-11-2023 · Gazette deed
First establishment XITTEZ, Louis Van Houttestraat 13, Ghent
Incorporation published on 26-02-2015 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
Three Streams Ghent €89,590 €67,514 26.3% -
Pepper and Ginger Zulte €79,580 €60,528 39.9% -
CHARNECA Sint-Gillis (bij-Brussel) €86,349 €71,617 72.6% -
SAVVY Izegem €83,049 €73,077 54.3% -
FOOD IDEA Kontich €91,121 €61,212 50.9% -
Vade Ad Cor Bertem €86,595 €62,020 -74.1% -
AM PRAXYS CONSULTING Brussels €106,483 €66,550 25.3% -

These companies have the same main activity as Three Streams: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €79,600 and €106,000, founded between 2014 and 2015.

Official details

Source: KBO
Status
Active since 24-02-2015Normal situation
Activity
Public relations and communication consultancyNACE 73300and 1 other
Establishment unit
2.242.168.0649050 Ghent, since 01-04-2015
Financial year end
31 December
Peppol
Reachable since 22-03-2024
Company details

Annual accounts 2025

≈ €150,000estimated
€89,590▼ 19.9%
Filing
Filed on 24-03-2026, 129 days before the end of the filing period
Financials

Insights on Three Streams

Three Streams files the micro format. That format states no turnover. The gross margin rose from €23,916 in 2015 to €67,514 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Three Streams

What is the company number of Three Streams?
The company number of Three Streams is 0598.906.209. The VAT number is the same number with BE in front: BE 0598.906.209.
Where is Three Streams based?
The registered office is at Louis Van Houttestraat 13, 9050 Ghent.Company details
What does Three Streams do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of Three Streams?
Three Streams is a private limited company (BV).
When was Three Streams founded?
Three Streams was founded on 24-02-2015.
Is Three Streams still active?
Yes, Three Streams is an active enterprise in the KBO register.
What is the turnover of Three Streams?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €67,514 and 30 comparable companies (NACE 73). It probably lies between €130,000 and €190,000.Financials
Is Three Streams profitable?
In financial year 2025, Three Streams made a profit of €51,564.
Where can I find the annual accounts of Three Streams?
Three Streams filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Three Streams due?
Three Streams must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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