Equity
€7.8m ▲ 34×
TripleW has made a profit without a break since 2020.
TripleW
Lifetime
7 annual accounts with figures on one time axispeak €2.4m (2025)
€2.4m▲ 88.9%
lowest -€16,365 (2019)
€447,797▲ 445%
peak €7.8m (2025)
€7.8m▲ 34×
€8.0m▲ 56.5%
peak 13 FTE (2025)
13 FTE▲ 94.0%
Board5 names since 2019
2 directors and 1 other
Owners4 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
09-09-202640 days late
2025abbreviated format
Gross margin from €1.3m to €2.4mResult from €82,222 to €447,797Staff from 6.7 FTE to 13 FTERegistered office moved from Ghent to Antwerp 30-06Equity from €226,675 to €7.8mDebts from €5.1m to €8.0m
Key points
from the 2025 annual accountsResult
€447,797 ▲ 445%
The result rose in 2025 from €82,222 to €447,797.
Debts
€8.0m ▲ 56.5%
Debts rose by €2.9m in 2025.
Investments
€1.0m 5.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 64.5% higher than in 2024.
Staff
16 employees on 31-12-2025
In 2025, 6 people joined and nobody left.
Liquidity
3.10 was 1.66 in 2024
Short-term debts rose from €2.4m to €5.2m.
2025 accounts filed 40 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,638 companies had the same profile as TripleW has now. Each dot stands for 5 companies, two years later.
95.5%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Another 0.2% 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.
| 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 1,638 companies, not a prediction for TripleW. 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, since 25-04-2019
Manager, since 25-04-2019
Auditor
- 100%annual accounts 2025
- consolidatesannual accounts 2025
Recent changes
Reappointment: (statutory auditor)
General meeting of 04-09-2026 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen and 1 more · Provincie Antwerpen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0725717772
Registered office moved from Ghent to Antwerp
New registered office: Innovatiestraat 1, 2030 Antwerpen, België · Previous registered office: Gaston Crommenlaan 8 bus 0501, 9050 Gent · Board meeting of 19-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TripleW Antwerp | €18.1m | €2.4m | 42.9% | 13 |
| OSIVAX Belgique Liège | €17.0m | €3.9m | 78.6% | 8.7 |
| AmphiStar Ghent | €10.1m | €2.1m | 63.2% | 13.5 |
| Protealis Ghent | €11.1m | €1.1m | 81.5% | 17.2 |
| Microbial Resource Management Health Ghent | €11.7m | €0.8m | 59.2% | 22.8 |
| European Research Infrastructure on Highly Pathogenic Agents Ixelles | €7.6m | €1.1m | 27.0% | 10 |
| Cryptobiotix Ghent | €5.7m | €3.9m | 64.9% | 15.8 |
These companies have the same main activity as TripleW: research and development on biotechnology (NACE 72101). They are comparable in size and age: total assets between €5.7m and €17m, founded between 2017 and 2021.
Official details
Source: KBO- Status
- Active since 25-04-2019Normal situation
- Activity
- Research and development on biotechnologyNACE 72101and 1 other
- Establishment unit
- 2.288.653.0382030 Antwerp, since 25-04-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Annual accounts 2025
- ≈ €4.2mestimated
- €18.1m▲ 240%
- Employeeson 31-12-2025
- 16▲ 60.0%
- Filing
- Filed on 09-09-2026
Insights on TripleW
TripleW files the abbreviated format. That format states no turnover. The gross margin rose from -€16,365 in 2019 to €2.4m in 2025.
holds all the shares.
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 TripleW
- What is the company number of TripleW?
- The company number of TripleW is 0725.717.772. The VAT number is the same number with BE in front: BE 0725.717.772.
- Where is TripleW based?
- The registered office is at Innovatiestraat 1, 2030 Antwerp.Company details
- What does TripleW do?
- According to the KBO register, the main activity is research and development on biotechnology (NACE 72101).
- What is the legal form of TripleW?
- TripleW is a private limited company (BV).
- When was TripleW founded?
- TripleW was founded on 25-04-2019.
- Is TripleW still active?
- Yes, TripleW is an active enterprise in the KBO register.
- How many employees does TripleW have?
- TripleW had an average of 13 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TripleW?
- The turnover in financial year 2025 is ≈ €4.2m. This figure is estimated from the gross margin of €2.4m and 1,585 comparable companies of the same size. It probably lies between €2.8m and €6.9m. It is a rough estimate. In financial year 2020 turnover was €58,843.
- Is TripleW profitable?
- In financial year 2025, TripleW made a profit of €447,797.
- Where can I find the annual accounts of TripleW?
- TripleW filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TripleW due?
- TripleW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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