Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
TRIPLE R from Donceel, company number BE0435987185, closed financial year 2025 with a result of € -40,544 after tax. For that financial year TRIPLE R recorded a gross margin of € 43,941 and equity of € -207,502. Compared with financial year 2024, the result moved from € -33,490 to € -40,544. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ -207,502
▼ € 40,544 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,544
▼ 21 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,760
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -357,502.
Debts at end 2025
€ 302,690
▼ 10% vs 2024
€ 45,596 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 144
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,269 | € 18,833 | € 47,227 | € 43,941 | ▼ 7% |
| Profit after taxes | € -21,473 | € -49,351 | € -33,490 | € -40,544 | ▼ € 7,054 |
| Equity | € -84,118 | € -133,469 | € -166,958 | € -207,502 | ▼ € 40,544 |
| Total debts | € 468,655 | € 764,229 | € 826,502 | € 816,071 | ▼ 1% |
| Cash | € 3,556 | € 5,663 | € 4,094 | € 2,760 | ▼ 33% |
| Land & buildings | € 229,138 | € 419,339 | € 389,191 | € 362,223 | ▼ 7% |
| Retained profit | € -234,118 | € -283,469 | € -316,958 | € -357,502 | ▼ € 40,544 |
| Bank debt | € 119,353 | € 303,394 | € 337,395 | € 302,690 | ▼ 10% |
| Balance sheet total | € 384,537 | € 630,760 | € 659,544 | € 608,569 | ▼ 8% |
Key figures of TRIPLE R, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TRIPLE R?
What happened at TRIPLE R in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eric van Rijckevorsel stepped down as director. NBB
- Hervé van Rijckevorsel stepped down as director. NBB
- Frédéric van Rijckevorsel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 40,544. Source: NBB ↗
- New establishment in Donceel. KBO
- Eric van Rijckevorsel became a director. NBB
- Hervé van Rijckevorsel became a director. NBB
- Frédéric van Rijckevorsel became a director. NBB
In short
From € 21,473 loss in 2022 to € 40,544 loss in 2025.
Management
Directors
According to the 2025 annual accounts
Eric van Rijckevorsel
Director
since 2023 · until 2029
Hervé van Rijckevorsel
Managing director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue de l'Eglise 23
4357 Donceel
Rue de la Cathédrale 70
4000 Liège
Active since 20 December 1991
Rue de Hesbaye 42
4357 Donceel
Active since 15 May 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.987.185
- VAT number
- BE 0435.987.185
- Registered office
- Rue de l'Eglise 23, 4357 Donceel
- Names & denominations
- TRIPLE R
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1988
- Peppol
- Not registered