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Tram 3

Active Private limited companyfounded 2019active for 7 yearsOude Koornmarkt 38, 2000 AntwerpKBO/BCE: BE 0719.977.154

Lifetime

6 annual accounts with figures on one time axis
peak €574,784 (2025)
€574,784▲ 8.7%
peak €183,984 (2025)
€183,984▲ 10.9%
peak €346,630 (2024)
€202,614▼ 41.5%
€425,444▲ 183%
peak 6.7 FTE (2024)
6.5 FTE▼ 3.0%
Board1 name since 2019
1 director
Documentsfilings and deeds
04-06-202657 days before the deadline
2025abbreviated format
Dividend €328,000Equity from €346,630 to €202,614Debts from €150,146 to €425,444

Key points

from the 2025 annual accounts

Equity

€202,614 ▼ 41.5%
346,6302024+183,984Profit-328,000Dividend202,6142025

Tram 3 paid out €328,000 in dividends. That is 178% of the 2025 profit.

Turnover

≈ €1.4m estimated

The abbreviated format states no turnover.

Debts

€425,444 ▲ 183%
Other debts
+271,303
Suppliers
+27,503
The rest
-23,509

Debts rose by €275,298 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Staff

12 employees on 31-12-2025
1611582022238243202317716620242973002025

In 2025, 297 short contracts started and 300 ended, on average 41 hours worked per contract. Staff averaged 6.5 full-time equivalents.

Liquidity

1.31 was 2.91 in 2024

Short-term debts rose from €141,687 to €423,757.

Position in the sector

€183,984

Higher net result than 90% of companies in food and beverage service. Sector median €16,603 · 4,116 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as Tram 3 has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • 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 497,331 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 26,969 companies, not a prediction for Tram 3. 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

Manager
  • 186 sharesdeed of 11-02-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0719977154
Amendment of the articles · Legal-form change · Resignations & appointments Board composition: (director) · Gazette deed
Incorporation Founding capital of €18,600, 186 shares · Founder: (comparant) · Appointment: (niet statutair,onbezoldigd zaakvoerder) · published on 11-02-2019 · Gazette deed
First establishment Oude Koornmarkt 38, Antwerp
All 14 events

Comparable companies

same main activity, similar in size and age
Company
Tram 3 Antwerp €628,058 €574,784 32.3% 6.5
KFS 11 Antwerp €660,008 €514,711 72.5% 7.5
SPARRENBOS Knokke-Heist €574,708 €644,068 37.6% 6.5
FRY WILLY Ghent €611,104 €562,556 9.8% 5.8
OTIUM - Cucina Italiana Ghent €638,661 €718,323 13.7% 6
NEBO Antwerp €670,541 €500,082 20.8% 6.7
Hertog Jan at Botanic Antwerp Antwerp €710,641 €529,546 -0.8% 6

These companies have the same main activity as Tram 3: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €575,000 and €711,000, founded between 2018 and 2021.

Official details

Source: KBO
Status
Active since 07-02-2019Normal situation
Activity
Full-service restaurantsNACE 56111
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.285.310.2012000 Antwerp, since 07-02-2019
Financial year end
31 December
Peppol
Reachable since 09-10-2025
Company details

Annual accounts 2025

€628,058▲ 26.4%
Employeeson 31-12-2025
12▼ 20.0%
Filing
Filed on 04-06-2026, 57 days before the end of the filing period
Financials

Insights on Tram 3

Tram 3 files the abbreviated format. That format states no turnover. The gross margin rose from €139,631 in 2020 to €574,784 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 Tram 3

What is the company number of Tram 3?
The company number of Tram 3 is 0719.977.154. The VAT number is the same number with BE in front: BE 0719.977.154.
Where is Tram 3 based?
The registered office is at Oude Koornmarkt 38, 2000 Antwerp.Company details
What does Tram 3 do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Tram 3?
Tram 3 is a private limited company (BV).
When was Tram 3 founded?
Tram 3 was founded on 07-02-2019.
Is Tram 3 still active?
Yes, Tram 3 is an active enterprise in the KBO register.
How many employees does Tram 3 have?
Tram 3 had an average of 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Tram 3 fall under?
In its 2025 annual accounts, Tram 3 states joint committee 302 (Hotels and catering).
What is the turnover of Tram 3?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €574,784 and 40 comparable companies (NACE 56111). It probably lies between €1.3m and €1.9m.
Is Tram 3 profitable?
In financial year 2025, Tram 3 made a profit of €183,984.
Where can I find the annual accounts of Tram 3?
Tram 3 filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Tram 3 due?
Tram 3 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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