3PAS
ActiveSummary
3PAS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150k and a net result of €50k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+54
Solvency100▲+49
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 12.6 against 3.54 in 2024; short-term debt: 6% and cash: 68.1% of total assets), and 6% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
94%
Return on assets
31.3%
Age of the figures
12 mo
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
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-05-2026, 30 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 filingsDeviation from the deadline
2025
30 d late
2024
5 d late
2023
on the day
2022
on the day
2021
3 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€150k▲ 30.5%
2024 · €115k
2018: €66k
2019: €63k▼ -4.2% vs 2018lowest in 8 years
2020: €74k▲ +16.6% vs 2019
2021: €112k▲ +51.5% vs 2020
2022: €97k▼ -13.8% vs 2021
2023: €105k▲ +8.1% vs 2022
2024: €115k▲ +10.1% vs 2023
2025: €150k▲ +30.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€160k▼ 64.1%
2024 · €444k
2018: €79k
2019: €76k▼ -4.3% vs 2018lowest in 8 years
2020: €88k▲ +16.1% vs 2019
2021: €121k▲ +37.2% vs 2020
2022: €117k▼ -3.5% vs 2021
2023: €357k▲ +206% vs 2022
2024: €444k▲ +24.5% vs 2023highest in 8 years
2025: €160k▼ -64.1% vs 2024
2018 → 2025
Net result
€50k▲ 375%
2024 · €11k
2018: €7k
2019: €-3k▼ -140% vs 2018lowest in 8 years
2020: €11k▲ +481% vs 2019
2021: €38k▲ +262% vs 2020
2022: €10k▼ -75.0% vs 2021
2023: €8k▼ -17.7% vs 2022
2024: €11k▲ +34.1% vs 2023
2025: €50k▲ +375% vs 2024highest in 8 years
2018 → 2025
Working capital
€111k▼ 63.4%
2024 · €303k
2018: €52k
2019: €52k▼ -0.7% vs 2018lowest in 8 years
2020: €66k▲ +27.9% vs 2019
2021: €68k▲ +3.8% vs 2020
2022: €57k▼ -16.2% vs 2021
2023: €299k▲ +422% vs 2022
2024: €303k▲ +1.3% vs 2023highest in 8 years
2025: €111k▼ -63.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€97k▼ 13.8%€105k▲ 8.1%€115k▲ 10.1%€150k▲ 30.5%
2021: €112k
2022: €97k▼ -13.8% vs 2021lowest in 5 years
2023: €105k▲ +8.1% vs 2022
2024: €115k▲ +10.1% vs 2023
2025: €150k▲ +30.5% vs 2024highest in 5 years
Operating result€54k-€18k▼ 66.5%€22k▲ 21.5%€29k▲ 32.7%€72k▲ 149%
2021: €54k
2022: €18k▼ -66.5% vs 2021lowest in 5 years
2023: €22k▲ +21.5% vs 2022
2024: €29k▲ +32.7% vs 2023
2025: €72k▲ +149% vs 2024highest in 5 years
Net result€38k-€10k▼ 75.0%€8k▼ 17.7%€11k▲ 34.1%€50k▲ 375%
2021: €38k
2022: €10k▼ -75.0% vs 2021
2023: €8k▼ -17.7% vs 2022lowest in 5 years
2024: €11k▲ +34.1% vs 2023
2025: €50k▲ +375% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro 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 149% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€39k ▲ 76.9%
Current assets
€120k ▼ 71.5%
Equity and liabilities €160k
Equity
€150k ▲ 30.5%
Debt
€10k ▼ 97.1%
Debt's share of the balance-sheet total falls from 74.1% to 6.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€81k▲
2024 · €37k
Cash flow
€58k▲
2024 · €18k
Current ratio
12.60▲
2024 · 3.54
Debt to equity
0.06▼
2024 · 2.86
ROE
33.3%▲
2024 · 9.1%
ROA
31.3%▲
2024 · 2.4%
Interest coverage
38.59▲
2024 · 2.88
Debt ≤ 1 year
€10k▼
2024 · €119k
Income taxes
€20k▲
2024 · €6k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€444k€160k▼
Fixed assets21/28€22k€39k▲
Tangible fixed assets22/27€22k€39k▲
Furniture and vehicles24€6k€21k▲
Other tangible fixed assets26€16k€19k▲
Current assets29/58€422k€120k▼
Stocks and contracts in progress3€406k-
Stocks30/36€406k-
Amounts receivable within one year40/41€16k€12k▼
Trade receivables40€12k€3k▼
Other amounts receivable41€4k€9k▲
Cash at bank and in hand54/58-€109k
Equity and liabilities
Total equity and liabilities10/49€444k€160k▼
Equity10/15€115k€150k▲
Contributions10/11€6k€6k=
Reserves13€91k€126k▲
Distributable reserves133€91k€126k▲
Profit (loss) carried forward14€18k€18k▲
Amounts payable17/49€329k€10k▼
Amounts payable after more than one year17€210k-
Financial debts170/4€210k-
Amounts payable within one year42/48€119k€10k▼
Current portion of amounts payable after more than one year42€100k-
Financial debts43€11k€7k▼
Credit institutions430/8€11k€7k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€650-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€38k€84k▲
Operating profit (loss)9901€29k€72k▲
Financial income75/76B€10€191▲
Recurring financial income75€10€191▲
Financial charges65/66B€13k€2k▼
Recurring financial charges65€13k€2k▼
Profit (loss) for the period before taxes9903€16k€70k▲
Income taxes67/77€6k€20k▲
Profit (loss) for the period9904€11k€50k▲
Profit (loss) for the period to be appropriated9905€11k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€68k▲
Profit (loss) brought forward from the previous period14P€17k€18k▲
Transfer from equity791/2-€15k
Transfer to equity691/2€10k€50k▲
To other reserves6921€10k€50k▲
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €9k | €10k | €7k | €8k | ▲ 11.6% |
| Other operating charges640/8 | €1k | €588 | €3k | €1k | €3k | ▲ 195% |
| Gross operating margin9900 | €61k | €28k | €34k | €38k | €84k | ▲ 123% |
| Operating profit (loss)9901 | €54k | €18k | €22k | €29k | €72k | ▲ 149% |
| Financial income75/76B | €819 | €12 | €16 | €10 | €191 | ▲ 1,810% |
| Recurring financial income75 | €819 | €12 | €16 | €10 | €191 | ▲ 1,810% |
| Financial charges65/66B | €1k | €4k | €9k | €13k | €2k | ▼ 83.5% |
| Recurring financial charges65 | €1k | €4k | €9k | €13k | €2k | ▼ 83.5% |
| Profit (loss) for the period before taxes9903 | €54k | €14k | €12k | €16k | €70k | ▲ 331% |
| Income taxes67/77 | €15k | €5k | €5k | €6k | €20k | ▲ 250% |
| Profit (loss) for the period9904 | €38k | €10k | €8k | €11k | €50k | ▲ 375% |
| Profit (loss) for the period to be appropriated9905 | €38k | €10k | €8k | €11k | €50k | ▲ 375% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €121k | €117k | €357k | €444k | €160k | ▼ 64.1% |
| Fixed assets21/28 | €44k | €39k | €30k | €22k | €39k | ▲ 76.9% |
| Tangible fixed assets22/27 | €44k | €39k | €30k | €22k | €39k | ▲ 76.9% |
| Land and buildings22 | €24k | €21k | €19k | - | - | - |
| Plant, machinery and equipment23 | €3k | €2k | €408 | - | - | - |
| Furniture and vehicles24 | €17k | €16k | €11k | €6k | €21k | ▲ 237% |
| Other tangible fixed assets26 | - | - | - | €16k | €19k | ▲ 15.9% |
| Current assets29/58 | €77k | €77k | €327k | €422k | €120k | ▼ 71.5% |
| Stocks and contracts in progress3 | - | - | €304k | €406k | - | - |
| Stocks30/36 | - | - | €304k | €406k | - | - |
| Amounts receivable within one year40/41 | €49k | €77k | €17k | €16k | €12k | ▼ 27.7% |
| Trade receivables40 | €31k | €72k | €17k | €12k | €3k | ▼ 78.2% |
| Other amounts receivable41 | €19k | €5k | - | €4k | €9k | ▲ 118% |
| Cash at bank and in hand54/58 | €27k | - | €5k | - | €109k | - |
| Deferred charges and accrued income490/1 | €593 | €607 | €676 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €121k | €117k | €357k | €444k | €160k | ▼ 64.1% |
| Equity10/15 | €112k | €97k | €105k | €115k | €150k | ▲ 30.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €89k | €73k | €81k | €91k | €126k | ▲ 38.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €88k | €72k | €79k | €91k | €126k | ▲ 38.5% |
| Profit (loss) carried forward14 | €17k | €17k | €17k | €18k | €18k | ▲ 0.2% |
| Amounts payable17/49 | €9k | €20k | €252k | €329k | €10k | ▼ 97.1% |
| Amounts payable after more than one year17 | - | - | €224k | €210k | - | - |
| Financial debts170/4 | - | - | €224k | €210k | - | - |
| Amounts payable within one year42/48 | €9k | €20k | €28k | €119k | €10k | ▼ 92.0% |
| Current portion of amounts payable after more than one year42 | €6k | €12k | €14k | €100k | - | - |
| Financial debts43 | - | - | - | €11k | €7k | ▼ 36.2% |
| Credit institutions430/8 | - | - | - | €11k | €7k | ▼ 36.2% |
| Trade debts44 | €3k | €2k | - | €4k | €1k | ▼ 72.1% |
| Suppliers440/4 | €3k | €2k | - | €4k | €1k | ▼ 72.1% |
| Taxes, remuneration and social security45 | - | €4k | €13k | €4k | €2k | ▼ 57.3% |
| Taxes450/3 | - | €4k | €13k | €4k | €2k | ▼ 57.3% |
| Other amounts payable47/48 | - | €2k | €2k | €650 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €10k | €8k | €11k | €50k | ▲ 375% |
| + Depreciation and write-downs630 | €6k | €9k | €10k | €7k | €8k | ▲ 11.6% |
| Operating cash flow (approximation) | €44k | €19k | €18k | €18k | €58k | ▲ 224% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €0 | €-25k | - |
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
Next filing, fiscal year 2026, expected by
2026
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-09
Financial
Highest result since 2018net €50k ▲375%
Operating result €72k, net result €50k, both a record.
30-09
Financial
Liquidity quadruplescurrent ratio 12.60
Current ratio from 3.54 to 12.60; short-term debt falls from €119k to €10k.
30-09
Financial
Equity above €150kEq €150k ▲30.5%
6 profitable years in a row build equity to €150k.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity triplescurrent ratio 11.66
Current ratio from 3.86 to 11.66.
30-09
Financial
Equity above €100kEq €105k ▲8.1%
4 profitable years in a row build equity to €105k.
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100kEq €112k ▲51.5%
2 profitable years in a row build equity to €112k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
30-09
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Dendermonde · 1 establishment unit since 2012
Ground area
975 m²
Building footprint
129 m²
Volume, LiDAR
593 m³
Parcel 42007A0705/00L000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
3PAS BVBA
since 20122.213.799.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42007A0705/00L000 | Flanders | 975 m² | 1 · 129 m² | 7.3 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.
Similar companies · same sector, comparable size
Elektriciteit Rosselle
BE 0805.811.662
Tielt · Eq €150,026
DE ROECK BENOIT
BE 0738.387.061
Quévy · Eq €149,912
Thomas De Meyer
BE 0676.967.948
Kortenaken · Eq €150,600
BC-TEC
BE 0734.707.989
Glabbeek · Eq €148,993
ICU-Security
BE 0537.797.395
Niel · Eq €151,751
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 343 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
Founded10-10-2012
Fiscal year end30-09
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
46140Agents in the wholesale of industrial machinery, ships and aircraft
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.