TripleA - Construct
ActiveTripleA - Construct has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €183k. Equity is shrinking by ~41.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 17% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▲+13
Solvency25▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.4 in 2024; short-term debt: 77.5% and cash: 5.1% of total assets), and 99.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.5%
Return on assets
1.4%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9113 sector peers (2025).
NBB · sector comparisonPosition among 9113 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 d early
2024
35 d early
2023
37 d early
2022
21 d early
2021
37 d early
2020
32 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€63k
2024 · €-119k
2019: €13k
2020: €-15k
2021: €-29k
2022: €-77k
2023: €-135k
2024: €-119k
2019 → 2025
Total assets
€12.86M▲ 143%
2024 · €5.29M
2019: €1.20M
2020: €1.35M
2021: €1.63M
2022: €4.42M
2023: €7.79M
2024: €5.29M
2019 → 2025
Net result
€183k▲ 1,068%
2024 · €16k
2019: €-5k
2020: €-28k
2021: €-14k
2022: €-48k
2023: €-58k
2024: €16k
2019 → 2025
Working capital
€2.89M▲ 92.7%
2024 · €1.50M
2019: €13k
2020: €-14k
2021: €421k
2022: €1.04M
2023: €1.48M
2024: €1.50M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-29k-€-77k▼ 163%€-135k▼ 75.7%€-119k▲ 11.6%€63k
Operating result€31k-€-57k€-55k▲ 3.4%€63k€322k▲ 408%
Net result€-14k-€-48k▼ 230%€-58k▼ 22.3%€16k€183k▲ 1,068%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 408% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.86M
Fixed assets
€325▼ 72.6%
Current assets
€12.86M▲ 143%
Equity and liabilities €12.86M
Equity
€63k
Debt
€12.80M
Debt finances 99.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€323k▲
2024 · €64k
Cash flow
€184k▲
2024 · €17k
Solvency
0.5%▲
2024 · -2.3%
Current ratio
1.29▼
2024 · 1.40
Quick ratio
0.19▼
2024 · 0.29
ROE
288.4%
ROA
1.4%▲
2024 · 0.3%
Interest coverage
2.32▲
2024 · 0.93
Debt
€12.80M▲
2024 · €5.41M
Debt ≤ 1 year
€9.97M▲
2024 · €3.79M
Debt > 1 year
€2.81M▲
2024 · €1.61M
Income taxes
€17k
A ratio outside any meaningful range has been withheld (balance sheet total €12.86M, equity €63k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.29M€12.86M▲
Fixed assets21/28€1k€325▼
Tangible fixed assets22/27€1k€325▼
Furniture and vehicles24€1k€325▼
Current assets29/58€5.29M€12.86M▲
Stocks and contracts in progress3€4.18M€10.94M▲
Contracts in progress37€4.18M€10.94M▲
Amounts receivable within one year40/41€337k€1.27M▲
Trade receivables40€39k€119k▲
Other amounts receivable41€298k€1.15M▲
Cash at bank and in hand54/58€772k€657k▼
Equity and liabilities
Total equity and liabilities10/49€5.29M€12.86M▲
Equity10/15€-119k€63k▲
Contributions10/11€19k€19k=
Reserves13-€45k
Distributable reserves133-€45k
Profit (loss) carried forward14€-138k€0▲
Amounts payable17/49€5.41M€12.80M▲
Amounts payable after more than one year17€1.61M€2.81M▲
Financial debts170/4€1.61M€2.81M▲
Amounts payable within one year42/48€3.79M€9.97M▲
Financial debts43€1.57M€3.63M▲
Credit institutions430/8€1.57M€3.63M▲
Trade debts44€230k€705k▲
Suppliers440/4€230k€705k▲
Advances received on contracts in progress46€1.19M€2.84M▲
Taxes, remuneration and social security45€18k€102k▲
Taxes450/3€18k€102k▲
Other amounts payable47/48€785k€2.69M▲
Accrued charges and deferred income492/3€8k€14k▲
Income statement
Code20242025
Non-recurring operating income76A-€581
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€859€859=
Other operating charges640/8€4k€6k▲
Gross operating margin9900€68k€329k▲
Operating profit (loss)9901€63k€322k▲
Financial income75/76B€21k€16k▼
Recurring financial income75€21k€16k▼
Financial charges65/66B€69k€139k▲
Recurring financial charges65€69k€139k▲
Profit (loss) for the period before taxes9903€16k€200k▲
Income taxes67/77-€17k
Profit (loss) for the period9904€16k€183k▲
Profit (loss) for the period to be appropriated9905€16k€183k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-138k€45k▲
Profit (loss) brought forward from the previous period14P€-154k€-138k▲
Transfer to equity691/2-€45k
To other reserves6921-€45k
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €183k ▲1068%
Operating result €322k, net result €183k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after 5 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Bilzen-Hoeselt · 1 establishment unit since 2018
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.
Wijngaardstraat 83740 Bilzen-HoeseltGround area
1,290 m²
Building footprint
313 m²
Volume, LiDAR
2,241 m³
Parcel 73056A0597/00E000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wijngaardstraat 8, 3740 Bilzen-Hoeselt
since 20182.277.675.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73056A0597/00E000 | Flanders | 1,290 m² | 1 · 313 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 5,155 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2018
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.