Triple Helix Alchemy

Active

Private limited companyfounded 2023active for 3 yearsOlieweg 95, 2020 Antwerpen, Belgium35 active companies are registered at this addressKBO/BCE: BE 0799.511.909

Summary

The computed 12-month bankruptcy probability of Triple Helix Alchemy is 1.7% (moderate). The 2025 annual accounts show negative equity (-€53,153) and a net result of -€59,196. Equity is shrinking by about 429% per year across the filed financial years. Its solvency ranks better than 10% of 255 sector peers (NACE 38, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Triple Helix AlchemyActiveChecked score 53/100

Risk analysis Report Compare

Activity

Materials recovery from waste

NACE 38210

1 site

Size

€538,179total assets 2025

Equity: -€53,153
Loss: -€59,196

Turnover not published (abbreviated format)

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.7%

Structure

Parent: Triple Helix Molecules as a Service · 66.67%
Holdings: 1

2025 accounts 30 days early1 of 2 deeds summarised

Why 53raises riskLoss of €59,196, the second in a row (financial year 2025)Sector: Waste collection, recovery and disposal activities (NACE 38)Negative equity -€53,153lowers riskSize: total assets €538,179Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 8% of its sector peers (NACE 38, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 15-11

equity -9.9% of total assets

Liquidity 4-2

short-term debt 109.9% · cash 3.1%

Profitability 10-20

return on assets -11.0%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (517 companies, NACE 38, micro)

Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.7%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.0%▼ -1.7 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 0.9%▼ -0.1 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025lowest value 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.2 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.07, compared with 0.09 in 2024, below 1; short-term debt: 109.9% and cash: 3.1% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 38, micro): better than 11% on solvency, 6% on liquidity, 16% on profitability and 1% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €538,179

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Loss of €59,196, the second in a row (financial year 2025)

NBB · annual accounts

Sector: Waste collection, recovery and disposal activities (NACE 38)

KBO

Negative equity -€53,153

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

232425

2023 to 2025 · latest year -€53,153

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

30 days early

2024

8 days early

2023

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 13 days before the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

01-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Weakest financial yearnet -€59,196
23-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€53,153 View
Risk: 3 loss-making years in a rowloss financial year 2025 -€59,196 View
Caution: Among the weakest 10% on solvencysector median 36.0% · 255 companies -9.9% View
Controlled by Triple Helix Molecules as…the company in turn controls 1 companies 66.67% View

By topic

Financials

Financial year: 2025
Total assets: €538,179
Loss: -€59,196
Solvency: -9.9%

Total assets▼ 1.4%

Net result

20232025

Go to Financials

Board & ownership

Parent: Triple Helix Molecules as… · 66.67%

Go to Board & ownership

Network & group

Subsidiaries: 1

1 subsidiary

Go to Network & group

Timeline

Events: 5
Since: 2024
Next accounts: by 31-07-2027

19-11-2024Permanent representative: PELEMAN Steven
31-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Materials recovery from wasteNACE 38210
Founded: 14-03-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Triple Helix Alchemy

What is the company number of Triple Helix Alchemy?: 0799.511.909. In Belgium the VAT number is the company number with BE in front: BE 0799.511.909.
Where is Triple Helix Alchemy based?: The registered office is at Olieweg 95, 2020 Antwerpen.Company details
What does Triple Helix Alchemy do?: According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of Triple Helix Alchemy?: Private limited company (BV).
When was Triple Helix Alchemy founded?: On 14-03-2023.
Is Triple Helix Alchemy still active?: Yes, Triple Helix Alchemy is an active enterprise in the KBO register.
What is the turnover of Triple Helix Alchemy?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Triple Helix Alchemy profitable?: In financial year 2025, Triple Helix Alchemy made a loss of €59,196.
Where can I find the annual accounts of Triple Helix Alchemy?: Triple Helix Alchemy filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Triple Helix Alchemy due?: By 31-07-2027, for financial year 2026.Timeline