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TRIPLE B

Active
Public limited companyfounded 200125 yrs activeRue Georges Cosse, ZI, Nov. 4, 5380 Fernelmont, BelgiumKBO/BCE: BE 0473.781.355
Summary

TRIPLE B has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €586,442 and a net result of €41,428. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability73▼-1
Solvency69▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.36 in 2023; short-term debt: 35.3% and cash: 0.7% of total assets), and 56.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
25 d late
2023
183 d late
2022
31 d late
2021
30 d late
2020
26 d late
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TRIPLE B was incorporated on 11 January 2001.1 Total assets went from EUR 1.4 million in 2018 to EUR 1.3 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41,428▼ 18.9%
2023 · €51,098
Working capital
€141,481▼ 3.2%
2023 · €146,190
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€55,526▼ 46.6%€82,339▲ 48.3%€76,309▼ 7.3%€76,443▲ 0.2%€71,177▼ 6.9%
Net result€8,874within the sector's middle half▼ 78.2%€55,182within the sector's middle half▲ 522%€51,687within the sector's middle half▼ 6.3%€51,098within the sector's middle half▼ 1.1%€41,428within the sector's middle half▼ 18.9%
Equity€387,047within the sector's middle half▲ 2.3%€442,229within the sector's middle half▲ 14.3%€493,915within the sector's middle half▲ 11.7%€545,014within the sector's middle half▲ 10.3%€586,442within the sector's middle half▲ 7.6%
Total assets€1.9mwithin the sector's middle half▲ 34.8%€1.4mwithin the sector's middle half▼ 24.4%€1.3mwithin the sector's middle half▼ 7.0%€1.3mwithin the sector's middle half▼ 0.4%€1.3mwithin the sector's middle half▲ 0.3%
Debt€1.5m▲ 41.1%€1.0m▼ 34.2%€847,956▼ 15.3%€791,127▼ 6.7%€753,732▼ 4.7%
Working capital€188,256€198,798▲ 5.6%€163,206▼ 17.9%€146,190▼ 10.4%€141,481▼ 3.2%
Solvency20.3%within the sector's middle half▼ 6.4pp30.6%within the sector's middle half▲ 10.4pp36.8%within the sector's middle half▲ 6.2pp40.8%within the sector's middle half▲ 4.0pp43.8%within the sector's middle half▲ 3.0pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2020: €55,526€55,526Net result 2020: €8,874€8,874Operating result 2021: €82,339€82,339Net result 2021: €55,182€55,182Operating result 2022: €76,309€76,309Net result 2022: €51,687€51,687Operating result 2023: €76,443€76,443Net result 2023: €51,098€51,098Operating result 2024: €71,177€71,177Net result 2024: €41,428€41,42820202021202220232024€0€20,000€40,000€60,000€80,000Operating result 2022: €76,309€76,300Net result 2022: €51,687€51,700Operating result 2023: €76,443€76,400Net result 2023: €51,098€51,100Operating result 2024: €71,177€71,200Net result 2024: €41,428€41,400202220232024
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €724,999 ▼ 7.1%
Current assets €615,175 ▲ 10.7%
Equity and liabilities €1.3m
Equity €586,442 ▲ 7.6%
Debt €753,732 ▼ 4.7%
Debt's share of the balance-sheet total falls from 59.2% to 56.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€134,123▼
2023 · €144,221
Cash flow
€104,374▼
2023 · €118,877
Current ratio
1.30▼
2023 · 1.36
Debt to equity
1.29▼
2023 · 1.45
ROE
7.1%▼
2023 · 9.4%
ROA
3.1%▼
2023 · 3.8%
Interest coverage
7.36▼
2023 · 8.11
Debt ≤ 1 year
€473,695▲
2023 · €409,537
Debt > 1 year
€252,317▼
2023 · €379,275
Income taxes
€26,436▼
2023 · €31,200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€1.3m▲
Fixed assets21/28€780,414€724,999▼
Tangible fixed assets22/27€580,139€524,724▼
Land and buildings22€573,247€513,131▼
Furniture and vehicles24€6,892€11,593▲
Financial fixed assets28€200,275€200,275=
Current assets29/58€555,727€615,175▲
Amounts receivable within one year40/41€547,106€602,963▲
Trade receivables40€88,971€86,074▼
Other amounts receivable41€458,135€516,890▲
Cash at bank and in hand54/58€5,093€8,812▲
Deferred charges and accrued income490/1€3,529€3,400▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▲
Equity10/15€545,014€586,442▲
Contributions10/11€770,000€770,000=
Capital10€770,000€770,000=
Issued capital100€770,000€770,000=
Reserves13€7,693€7,693=
Non-distributable reserves130/1€7,693€7,693=
Legal reserve130€7,693€7,693=
Profit (loss) carried forward14-€232,679-€191,251▲
Amounts payable17/49€791,127€753,732▼
Amounts payable after more than one year17€379,275€252,317▼
Financial debts170/4€379,275€252,317▼
Amounts payable within one year42/48€409,537€473,695▲
Current portion of amounts payable after more than one year42€125,729€151,976▲
Financial debts43€107,650€107,654=
Credit institutions430/8€107,650€107,654=
Trade debts44€16,399€21,226▲
Suppliers440/4€16,399€21,226▲
Taxes, remuneration and social security45€21,943€19,115▼
Taxes450/3€11,516€13,793▲
Remuneration and social security454/9€10,427€5,322▼
Other amounts payable47/48€137,816€173,723▲
Accrued charges and deferred income492/3€2,316€27,721▲
Income statement Code20232024
Non-recurring operating income76A€13,344€11,793▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67,778€62,946▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€29,235€0▼
Other operating charges640/8€32,499€35,798▲
Gross operating margin9900€205,955€169,921▼
Operating profit (loss)9901€76,443€71,177▼
Financial income75/76B€23,648€14,907▼
Recurring financial income75€23,648€14,907▼
Financial charges65/66B€17,792€18,219▲
Recurring financial charges65€17,792€18,219▲
Profit (loss) for the period before taxes9903€82,299€67,865▼
Income taxes67/77€31,200€26,436▼
Profit (loss) for the period9904€51,098€41,428▼
Profit (loss) for the period to be appropriated9905€51,098€41,428▼
Appropriation of the result
Profit (loss) to be appropriated9906-€232,679-€191,251▲
Profit (loss) brought forward from the previous period14P-€283,777-€232,679▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€13,344€11,793▼ 11.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94,342€79,412€77,605€67,778€62,946▼ 7.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€29,235€0▼ 100%
Other operating charges640/8-€37,752€33,912€32,499€35,798▲ 10.2%
Gross operating margin9900€207,273€199,502€187,825€205,955€169,921▼ 17.5%
Operating profit (loss)9901€55,526€82,339€76,309€76,443€71,177▼ 6.9%
Financial income75/76B-€14,658€13,580€23,648€14,907▼ 37.0%
Recurring financial income75€9,002€14,658€13,580€23,648€14,907▼ 37.0%
Financial charges65/66B-€19,901€19,830€17,792€18,219▲ 2.4%
Recurring financial charges65€44,423€19,901€19,830€17,792€18,219▲ 2.4%
Profit (loss) for the period before taxes9903€20,105€77,096€70,059€82,299€67,865▼ 17.5%
Income taxes67/77€11,230€21,914€18,372€31,200€26,436▼ 15.3%
Profit (loss) for the period9904€8,874€55,182€51,687€51,098€41,428▼ 18.9%
Profit (loss) for the period to be appropriated9905€8,874€55,182€51,687€51,098€41,428▼ 18.9%
Line20202021202220232024Change
Assets
Total assets20/58€1.9m€1.4m€1.3m€1.3m€1.3m▲ 0.3%
Fixed assets21/28€954,357€874,945€837,688€780,414€724,999▼ 7.1%
Tangible fixed assets22/27€754,082€674,671€637,413€580,139€524,724▼ 9.6%
Land and buildings22-€674,671€616,330€573,247€513,131▼ 10.5%
Furniture and vehicles24--€21,083€6,892€11,593▲ 68.2%
Financial fixed assets28€200,275€200,275€200,275€200,275€200,275=
Current assets29/58€953,298€567,999€504,184€555,727€615,175▲ 10.7%
Amounts receivable within one year40/41€461,987€513,375€484,394€547,106€602,963▲ 10.2%
Trade receivables40-€150,425€55,411€88,971€86,074▼ 3.3%
Other amounts receivable41-€362,950€428,983€458,135€516,890▲ 12.8%
Cash at bank and in hand54/58€481,150€42,396€8,531€5,093€8,812▲ 73.0%
Deferred charges and accrued income490/1-€12,228€11,259€3,529€3,400▼ 3.6%
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.4m€1.3m€1.3m€1.3m▲ 0.3%
Equity10/15€387,047€442,229€493,915€545,014€586,442▲ 7.6%
Contributions10/11€770,000€770,000€770,000€770,000€770,000=
Capital10-€770,000€770,000€770,000€770,000=
Issued capital100-€770,000€770,000€770,000€770,000=
Reserves13€7,693€7,693€7,693€7,693€7,693=
Non-distributable reserves130/1-€7,693€7,693€7,693€7,693=
Legal reserve130-€7,693€7,693€7,693€7,693=
Profit (loss) carried forward14-€390,646-€335,464-€283,777-€232,679-€191,251▲ 17.8%
Amounts payable17/49€1.5m€1.0m€847,956€791,127€753,732▼ 4.7%
Amounts payable after more than one year17€752,883€629,540€505,003€379,275€252,317▼ 33.5%
Financial debts170/4-€629,540€505,003€379,275€252,317▼ 33.5%
Amounts payable within one year42/48€765,042€369,201€340,978€409,537€473,695▲ 15.7%
Current portion of amounts payable after more than one year42-€123,343€124,537€125,729€151,976▲ 20.9%
Financial debts43-€107,529€107,529€107,650€107,654=
Credit institutions430/8-€107,529€107,529€107,650€107,654=
Trade debts44€32,227€41,130€20,749€16,399€21,226▲ 29.4%
Suppliers440/4-€41,130€20,749€16,399€21,226▲ 29.4%
Taxes, remuneration and social security45-€12,641€5,984€21,943€19,115▼ 12.9%
Taxes450/3-€12,621€3,353€11,516€13,793▲ 19.8%
Remuneration and social security454/9-€20€2,631€10,427€5,322▼ 49.0%
Other amounts payable47/48-€84,558€82,180€137,816€173,723▲ 26.1%
Accrued charges and deferred income492/3-€1,975€1,975€2,316€27,721▲ 1,097%
Line20202021202220232024Change
Profit (loss) for the period9904€8,874€55,182€51,687€51,098€41,428▼ 18.9%
+ Depreciation and write-downs630€94,342€79,412€77,605€67,778€62,946▼ 7.1%
Operating cash flow (approximation)€103,217€134,593€129,291€118,877€104,374▼ 12.2%
Investment in fixed assets (approximation)-€0-€40,347-€10,505-€7,531▲ 28.3%
Change in cash--€438,754-€33,865-€3,438€3,719▲ 208%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 25 days late
30-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 183 days late
2023
31-12
Financial Equity above €500,000Eq €545,014 ▲10.3%
5 profitable years in a row build equity to €545,014.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial Highest result since 2018net €55,182 ▲522%
Net result €55,182, the highest in the series.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial Liquidity triplescurrent ratio 1.25
Current ratio from 0.37 to 1.25; short-term debt falls from €791,156 to €765,042.
19-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
31-12
Financial Back to profitnet €40,715
Net result €40,715 after one loss-making year.
12-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
17-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 48 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
01-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 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, Fernelmont · 1 establishment unit since 2001
establishment The establishment unit on the map
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.

Rue Georges Cosse, ZI, Nov. 45380 Fernelmont
Ground area
6,103 m²
Building footprint
566 m²
Volume, LiDAR
7,253 m³
Parcel 52028B0318/00A002, Wallonia · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Georges Lemaitre 54, 6041 Charleroi
Raising of dairy cattle
since 20012.095.081.323
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52028B0318/00A002 Wallonia 6,103 m² 1 · 566 m² 17.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Compagnie de Serville 97.08%
  2. TRIPLE B

Highest known parent: Compagnie de Serville. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 228 companies in sector 77310 we hold annual accounts for 126. 89 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded11-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
77310Rental and leasing activities
02100Forestry and logging
46620Wholesale of machine tools
69109Other legal services
70200Business and other management consultancy
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0473781355
Registered 16-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.