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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Driekoningen from Gent, company number BE0803427640, closed financial year 2025 with a result of € 471,525 after tax. For that financial year Driekoningen recorded a gross margin of € 459,796 and equity of € 4.8 million. Compared with financial year 2024, the result moved from € -658,662 to € 471,525. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 4.8 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 471,525
▲ still € 658,662 loss in 2024
Profit after tax over the fiscal year.
€ 38,993
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -187,137.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 5.8 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 41,485
▲ € 34,881 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -106,551 | € 459,796 | ▲ € 566,347 |
| Profit after taxes | € -658,662 | € 471,525 | ▲ € 1.1 million |
| Equity | € 4,341,338 | € 4,812,863 | ▲ 11% |
| Total debts | € 6,067,025 | € 5,835,964 | ▼ 4% |
| Cash | € 31,734 | € 38,993 | ▲ 23% |
| Land & buildings | € 7,660,000 | € 0 | ▼ 100% |
| Retained profit | € -658,662 | € -187,137 | ▲ € 471,525 |
| Bank debt | € 6,000,000 | € 5,750,000 | ▼ 4% |
| Balance sheet total | € 10,408,364 | € 10,648,827 | ▲ 2% |
Key figures of Driekoningen, fiscal years 2024 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 Driekoningen?
What happened at Driekoningen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 471,525. Source: NBB ↗
- Minerva Management BV became a director. NBB
- Green Park Investments BV became a director. NBB
- Frank De Graeve stepped down as director. NBB
- Dirk De Graeve stepped down as director. NBB
- New establishment in Gent. KBO
- Frank De Graeve became a director. NBB
- Dirk De Graeve became a director. NBB
In short
From € 658,662 loss in 2024 to € 471,525 profit in 2025.
Best year ever: 2025, with € 471,525 profit.
Management
The stake of DIVANI, SERVICE & DEVELOPMENT GROUP BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DriekoningenBehind Driekoningen are Minerva Management BV and Green Park Investments BV. The shares are held by DIVANI (89%) and SERVICE & DEVELOPMENT GROUP BELGIUM (11%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk De Graeve
Also active at: SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, BRUOCSELLA, OCEANO
since 2025
Director · represented by Frank De Graeve
Also active at: SERVICE & DEVELOPMENT GROUP BELGIUM, TELUS PROPERTIES, EVEREST ECOSYSTEMS, ALFA INVEST
since 2025
Frank De Graeve
Director
Also active at: DG Management & Consulting, SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, WIREWOOD BENELUX FRANCE, VOS AANNEMINGEN, TELUS PROPERTIES, MARACANA, CARLTON +9 more
since 2023 · until 2025
Dirk De Graeve
Director
Also active at: MINERVA MANAGEMENT, SERVICE & DEVELOPMENT GROUP BELGIUM, Hauset Immo, TELUS PROPERTIES, CARLTON, BRUOCSELLA, TEN BROELE, Groene Wandeling +6 more
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1052 box D
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →SERVICE & DEVELOPMENT GROUP BELGIUM same network
€ 12.8 million revenue · 2025
Carimmo
€ 1.2 million gross margin · 2026
WIREWOOD BENELUX FRANCE same network
€ -21,745 gross margin · 2025
TELUS PROPERTIES same network
€ -19,831 gross margin · 2025
CARLTON same network
€ 695,021 revenue · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.427.640
- VAT number
- BE 0803.427.640
- Registered office
- Kortrijksesteenweg 1052 bus D, 9051 Gent
- Names & denominations
- Driekoningen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2023
- Peppol
- Active · Active since 19 Oct 2025
- Activities · NACE
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