TROISFONTAINES
ActiveSummary
TROISFONTAINES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €173k and a net result of €2k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 838 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability52▼-14
Solvency75▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.58 in 2023; short-term debt: 27.7% and cash: 7.7% of total assets), but 50.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
58 d early
2022
77 d early
2021
76 d early
2020
43 d early
2019
67 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€173k▲ 1.2%
2023 · €171k
2018: €132k
2019: €116k▼ -11.9% vs 2018lowest in 7 years
2020: €150k▲ +29.0% vs 2019
2021: €145k▼ -3.1% vs 2020
2022: €163k▲ +12.7% vs 2021
2023: €171k▲ +4.6% vs 2022
2024: €173k▲ +1.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€349k▼ 7.1%
2023 · €375k
2018: €388k
2019: €354k▼ -8.9% vs 2018
2020: €391k▲ +10.4% vs 2019highest in 7 years
2021: €362k▼ -7.3% vs 2020
2022: €387k▲ +6.8% vs 2021
2023: €375k▼ -3.0% vs 2022
2024: €349k▼ -7.1% vs 2023lowest in 7 years
2018 → 2024
Net result
€2k▼ 73.3%
2023 · €8k
2018: €-12k
2019: €-16k▼ -35.3% vs 2018lowest in 7 years
2020: €112k▲ +815% vs 2019highest in 7 years
2021: €-5k▼ -104% vs 2020
2022: €18k▲ +492% vs 2021
2023: €8k▼ -59.3% vs 2022
2024: €2k▼ -73.3% vs 2023
2018 → 2024
Working capital
€62k=
2023 · €62k
2018: €47k
2019: €39k▼ -18.0% vs 2018lowest in 7 years
2020: €75k▲ +95.3% vs 2019highest in 7 years
2021: €75k● -0.0% vs 2020
2022: €56k▼ -25.1% vs 2021
2023: €62k▲ +10.2% vs 2022
2024: €62k● -0.0% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€150k-€145k▼ 3.1%€163k▲ 12.7%€171k▲ 4.6%€173k▲ 1.2%
2020: €150k
2021: €145k▼ -3.1% vs 2020lowest in 5 years
2022: €163k▲ +12.7% vs 2021
2023: €171k▲ +4.6% vs 2022
2024: €173k▲ +1.2% vs 2023highest in 5 years
Operating result€150k-€2k▼ 98.8%€12k▲ 554%€18k▲ 51.9%€11k▼ 41.3%
2020: €150khighest in 5 years
2021: €2k▼ -98.8% vs 2020lowest in 5 years
2022: €12k▲ +554% vs 2021
2023: €18k▲ +51.9% vs 2022
2024: €11k▼ -41.3% vs 2023
Net result€112k-€-5k€18k€8k▼ 59.3%€2k▼ 73.3%
2020: €112khighest in 5 years
2021: €-5k▼ -104% vs 2020lowest in 5 years
2022: €18k▲ +492% vs 2021
2023: €8k▼ -59.3% vs 2022
2024: €2k▼ -73.3% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €349k
Fixed assets
€190k ▼ 8.3%
Current assets
€159k ▼ 5.7%
Equity and liabilities €349k
Equity
€173k ▲ 1.2%
Provisions
€3k ▼ 25.3%
Debt
€173k ▼ 13.8%
Debt's share of the balance-sheet total falls from 53.4% to 49.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2023 · €35k
Cash flow
€19k▼
2023 · €25k
Current ratio
1.64▲
2023 · 1.58
Quick ratio
0.34▲
2023 · 0.32
Debt to equity
1.00▼
2023 · 1.17
ROE
1.2%▼
2023 · 4.4%
ROA
0.6%▼
2023 · 2.0%
Interest coverage
3.87▼
2023 · 5.41
Debt ≤ 1 year
€97k▼
2023 · €106k
Debt > 1 year
€70k▼
2023 · €88k
Income taxes
€3k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€375k€349k▼
Fixed assets21/28€207k€190k▼
Tangible fixed assets22/27€207k€190k▼
Land and buildings22€156k€152k▼
Furniture and vehicles24€51k€38k▼
Current assets29/58€168k€159k▼
Stocks and contracts in progress3€134k€126k▼
Stocks30/36€133k€125k▼
Contracts in progress37€846€1k▲
Amounts receivable within one year40/41-€951
Other amounts receivable41-€951
Cash at bank and in hand54/58€29k€27k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€375k€349k▼
Equity10/15€171k€173k▲
Contributions10/11€87k€87k=
Reserves13€84k€86k▲
Tax-exempt reserves132€12k€9k▼
Distributable reserves133€72k€77k▲
Profit (loss) carried forward14€21€121▲
Provisions and deferred taxes16€4k€3k▼
Deferred taxes168€4k€3k▼
Amounts payable17/49€200k€173k▼
Amounts payable after more than one year17€88k€70k▼
Financial debts170/4€88k€70k▼
Amounts payable within one year42/48€106k€97k▼
Current portion of amounts payable after more than one year42€18k€19k▲
Trade debts44€25k€20k▼
Suppliers440/4€25k€20k▼
Advances received on contracts in progress46€751€926▲
Taxes, remuneration and social security45€18k€14k▼
Taxes450/3€18k€12k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€44k€42k▼
Accrued charges and deferred income492/3€6k€6k▼
Income statement
Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Other operating charges640/8€2k€3k▲
Gross operating margin9900€38k€30k▼
Operating profit (loss)9901€18k€11k▼
Financial income75/76B€10€201▲
Recurring financial income75€10€201▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€11k€4k▼
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€8k€2k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€11k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€5k▼
Profit (loss) brought forward from the previous period14P€-2k€21▲
Transfer to equity691/2€9k€5k▼
To other reserves6921€9k€5k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €12k | €11k | €17k | €17k | = |
| Other operating charges640/8 | - | €2k | €3k | €2k | €3k | ▲ 4.0% |
| Non-recurring operating charges66A | - | - | €598 | - | - | - |
| Gross operating margin9900 | €169k | €16k | €26k | €38k | €30k | ▼ 19.5% |
| Operating profit (loss)9901 | €150k | €2k | €12k | €18k | €11k | ▼ 41.3% |
| Financial income75/76B | - | €130 | €21k | €10 | €201 | ▲ 1,857% |
| Recurring financial income75 | €63 | €130 | €79 | €10 | €201 | ▲ 1,857% |
| Non-recurring financial income76B | - | - | €21k | - | - | - |
| Financial charges65/66B | - | €6k | €6k | €6k | €7k | ▲ 10.0% |
| Recurring financial charges65 | €8k | €6k | €6k | €6k | €7k | ▲ 10.0% |
| Profit (loss) for the period before taxes9903 | €142k | €-4k | €27k | €11k | €4k | ▼ 68.5% |
| Transfer from deferred taxes780 | - | - | €48 | €1k | €1k | = |
| Transfer to deferred taxes680 | - | - | €5k | - | - | - |
| Income taxes67/77 | €30k | €607 | €3k | €5k | €3k | ▼ 47.2% |
| Profit (loss) for the period9904 | €112k | €-5k | €18k | €8k | €2k | ▼ 73.3% |
| Transfer from tax-exempt reserves789 | - | - | €144 | €3k | €3k | = |
| Transfer to tax-exempt reserves689 | - | - | €15k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €112k | €-5k | €3k | €11k | €5k | ▼ 51.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €391k | €362k | €387k | €375k | €349k | ▼ 7.1% |
| Fixed assets21/28 | €182k | €170k | €224k | €207k | €190k | ▼ 8.3% |
| Tangible fixed assets22/27 | €182k | €170k | €224k | €207k | €190k | ▼ 8.3% |
| Land and buildings22 | - | €164k | €160k | €156k | €152k | ▼ 2.7% |
| Furniture and vehicles24 | - | €5k | €64k | €51k | €38k | ▼ 25.3% |
| Other tangible fixed assets26 | - | €770 | - | - | - | - |
| Current assets29/58 | €208k | €192k | €163k | €168k | €159k | ▼ 5.7% |
| Stocks and contracts in progress3 | €133k | €124k | €117k | €134k | €126k | ▼ 5.8% |
| Stocks30/36 | - | €123k | €116k | €133k | €125k | ▼ 6.0% |
| Contracts in progress37 | - | €651 | €1k | €846 | €1k | ▲ 19.5% |
| Amounts receivable within one year40/41 | €1k | €4k | €815 | - | €951 | - |
| Trade receivables40 | - | €170 | €815 | - | - | - |
| Other amounts receivable41 | - | €4k | - | - | €951 | - |
| Cash at bank and in hand54/58 | €69k | €60k | €40k | €29k | €27k | ▼ 9.0% |
| Deferred charges and accrued income490/1 | - | €5k | €5k | €5k | €5k | ▼ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €391k | €362k | €387k | €375k | €349k | ▼ 7.1% |
| Equity10/15 | €150k | €145k | €163k | €171k | €173k | ▲ 1.2% |
| Contributions10/11 | - | €95k | €95k | €87k | €87k | = |
| Reserves13 | €54k | €54k | €70k | €84k | €86k | ▲ 2.3% |
| Tax-exempt reserves132 | - | - | €15k | €12k | €9k | ▼ 25.3% |
| Distributable reserves133 | - | €54k | €54k | €72k | €77k | ▲ 7.0% |
| Profit (loss) carried forward14 | €32 | €-5k | €-2k | €21 | €121 | ▲ 489% |
| Provisions and deferred taxes16 | - | - | €5k | €4k | €3k | ▼ 25.3% |
| Deferred taxes168 | - | - | €5k | €4k | €3k | ▼ 25.3% |
| Amounts payable17/49 | €241k | €217k | €218k | €200k | €173k | ▼ 13.8% |
| Amounts payable after more than one year17 | €105k | €94k | €106k | €88k | €70k | ▼ 20.5% |
| Financial debts170/4 | - | €94k | €106k | €88k | €70k | ▼ 20.5% |
| Amounts payable within one year42/48 | €133k | €117k | €106k | €106k | €97k | ▼ 8.9% |
| Current portion of amounts payable after more than one year42 | - | €11k | €18k | €18k | €19k | ▲ 7.3% |
| Trade debts44 | €26k | €34k | €32k | €25k | €20k | ▼ 20.6% |
| Suppliers440/4 | - | €34k | €32k | €25k | €20k | ▼ 20.6% |
| Advances received on contracts in progress46 | - | €1k | €585 | €751 | €926 | ▲ 23.3% |
| Taxes, remuneration and social security45 | - | €34k | €7k | €18k | €14k | ▼ 21.6% |
| Taxes450/3 | - | €14k | €7k | €18k | €12k | ▼ 36.7% |
| Remuneration and social security454/9 | - | €20k | - | - | €3k | - |
| Other amounts payable47/48 | - | €37k | €49k | €44k | €42k | ▼ 4.0% |
| Accrued charges and deferred income492/3 | - | €6k | €6k | €6k | €6k | ▼ 0.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €112k | €-5k | €18k | €8k | €2k | ▼ 73.3% |
| + Depreciation and write-downs630 | €17k | €12k | €11k | €17k | €17k | = |
| Operating cash flow (approximation) | €129k | €7k | €29k | €25k | €19k | ▼ 22.4% |
| Investment in fixed assets (approximation) | - | €0 | €-64k | €0 | €0 | - |
| Change in cash | - | €-10k | €-20k | €-10k | €-3k | ▲ 74.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Equity above €150kEq €163k ▲12.7%
Equity rises from €145k to €163k.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €112k
Net result €112k after 2 loss-making years.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Chaudfontaine · 1 establishment unit since 1991
Ground area
943 m²
Building footprint
120 m²
Volume, LiDAR
670 m³
Parcel 62022C0643/00K000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TROISFONTAINES
since 19912.051.733.508
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022C0643/00K000 | Wallonia | 943 m² | 1 · 120 m² | 7.4 m · 2 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.
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Of 38 companies in sector 32122 we hold annual accounts for 11. 8 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-1990
Fiscal year end31-12
Activities, NACEBEL 2025
32122Other manufacturing
32123Manufacture of jewellery
32124Other manufacturing
32129Other manufacturing
32130Manufacture of imitation jewellery and related articles
46480Wholesale trade
47770Retail sale of watches and jewellery
Contact
E-mail
Btroisfontaines@gmail.comHuy
Scores and ratios are computed by Checked and are not a credit decision.