ACTIVE

TRIPLE X

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Financial year 2025 · closed on 31/12/2025

Net result

31,5 k €

-27.2% YoY

Gross margin

63,2 k €

-17.9% YoY

Equity

21,3 k €

+310.8% YoY

What does TRIPLE X do?

TRIPLE X is a Private limited company incorporated in 1994. Its main activity is: Retail sale of beverages in specialised stores. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.832.829

Incorporation

25/01/1994

Legal form

Private limited company

Registered office

Kiewitstraat 165
3500 Hasselt · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

47252Retail sale of beverages in specialised stores· main 47252Retail sale of beverages in specialised stores 52250Support activities for transportation

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	63,2 k €	-17.9%	77 k €	+388%	15,8 k €	-33.1%	23,5 k €	-22.8%	30,5 k €	+16.4%	26,2 k €	-2.3%	26,8 k €	-14.1%	31,2 k €	+38.0%	22,6 k €	+1010%	2 k €	-49.1%	4 k €	-94.0%	67 k €	-45.4%	122,9 k €	-5.2%	129,6 k €	+0.8%	128,6 k €	+9.5%	117,4 k €	-22.4%	151,4 k €	+13.5%	133,4 k €	+39.5%	95,6 k €	+22.0%	78,4 k €
EBITDA	55,4 k €	-18.9%	68,3 k €	+694%	8,6 k €	-52.8%	18,2 k €	-27.8%	25,2 k €	+27.0%	19,9 k €	-21.2%	25,2 k €	-0.9%	25,4 k €	+68.2%	15,1 k €	+966%	-1,7 k €	+94.6%	-32,6 k €	-429%	9,9 k €	-76.3%	41,9 k €	-20.0%	52,3 k €	+12.7%	46,4 k €	+142%	19,2 k €	-26.5%	26,1 k €	-39.3%	43 k €	+12.0%	38,4 k €	+21.9%	31,5 k €
Operating result	40,4 k €	-24.2%	53,4 k €	+1466%	-3,9 k €	-218%	3,3 k €	-68.0%	10,3 k €	+110%	4,9 k €	-50.7%	10 k €	+1.5%	9,8 k €	+99.5%	4,9 k €	+138%	-12,9 k €	+72.3%	-46,8 k €	-583%	-6,8 k €	-131%	21,8 k €	-31.1%	31,7 k €	+151%	12,6 k €	+350%	-5 k €	+42.8%	-8,8 k €	-200%	8,8 k €	+67.6%	5,2 k €	+748%	619 €
Net result	31,5 k €	-27.2%	43,2 k €	+404%	-14,2 k €	-1355%	-978,3 €	-117%	5,9 k €	+488%	1 k €	-83.1%	6 k €	+12.9%	5,3 k €	+7.5%	4,9 k €	+128%	-17,4 k €	+60.1%	-43,5 k €	-202%	-14,4 k €	-195%	15,1 k €	+61.6%	9,4 k €	+991%	858,7 €	+105%	-19 k €	+37.1%	-30,3 k €	-367%	-6,5 k €	+31.0%	-9,4 k €	+8.2%	-10,2 k €
Balance sheet
Equity	21,3 k €	+311%	-10,1 k €	+81.0%	-53,3 k €	-36.4%	-39,1 k €	-2.6%	-38,1 k €	+13.5%	-44,1 k €	+2.2%	-45,1 k €	+11.7%	-51 k €	+9.4%	-56,3 k €	+8.0%	-61,3 k €	-39.5%	-43,9 k €	-12012%	-362,5 €	-103%	14 k €	+1383%	-1,1 k €	+89.5%	-10,5 k €	+7.6%	-11,3 k €	-247%	7,7 k €	0.0%	7,7 k €	-45.7%	14,2 k €	-39.8%	23,6 k €
Total assets	148,2 k €	-5.3%	156,4 k €	-19.0%	193,2 k €	-5.2%	203,8 k €	-3.5%	211,2 k €	-4.7%	221,8 k €	-6.8%	238 k €	-6.7%	255,1 k €	-3.7%	264,9 k €	+25.5%	211,1 k €	+211%	67,9 k €	-75.0%	271,5 k €	-9.1%	298,8 k €	+0.7%	296,8 k €	+9.0%	272,2 k €	-14.2%	317,4 k €	-9.6%	351,1 k €	+10.4%	318 k €	-2.6%	326,5 k €	-2.4%	334,4 k €
Cash	26,5 k €	+30.2%	20,4 k €	-52.5%	42,9 k €	+5.7%	40,6 k €	+17.7%	34,5 k €	+13.9%	30,3 k €	-8.1%	33 k €	+14.6%	28,8 k €	+3.2%	27,9 k €	-33.4%	41,8 k €	+186%	14,6 k €	-28.3%	20,4 k €	-18.8%	25,1 k €	+13.4%	22,1 k €	+363%	4,8 k €	-85.1%	32 k €	+365%	6,9 k €	-20.9%	8,7 k €	-4.7%	9,1 k €	-16.6%	10,9 k €
Debts	126,8 k €	-23.8%	166,5 k €	-32.4%	246,5 k €	+1.5%	242,9 k €	-2.6%	249,4 k €	-5.7%	264,5 k €	-6.1%	281,8 k €	-7.5%	304,8 k €	-4.5%	319,3 k €	+17.8%	271 k €	+143%	111,4 k €	-58.0%	265,2 k €	-6.9%	284,8 k €	-4.4%	297,9 k €	+6.3%	280,2 k €	-6.9%	300,9 k €	-12.4%	343,4 k €	+11.1%	309,1 k €	-1.0%	312,3 k €	+0.5%	310,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		1,6 ETP	-20.0%	2,0 ETP	-4.8%	2,1 ETP	-8.7%	2,3 ETP	-34.3%	3,5 ETP	-2.8%	3,6 ETP	+5.9%	3,4 ETP	+143%	1,4 ETP	+55.6%	0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Erwin Cuppens

Director · since 03 janvier 2024

Active

Patricia Palmans

Director · since 03 janvier 2024

Active

Reinier Theodorus Teunissen

Director · since 03 janvier 2024

Active

Ended mandates

Erwin Cuppens

Director · since 01 janvier 2017

Ended

Erwin CUPPENS

Manager · since 01 janvier 2017

Ended

Patricia Palmans

Director · since 01 janvier 2017

Ended

Patricia Palmans

Manager · since 01 janvier 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/03/2023	01/03/2022	01/03/2021	01/03/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	28/02/2023	28/02/2022	28/02/2021
Length of the financial year	12 months	12 months	10 months	12 months	12 months	12 months
Filing date	19/05/2026	04/07/2025	27/06/2024	11/08/2023	06/09/2022	24/08/2021
General meeting	10/04/2026	30/06/2025	21/06/2024	30/06/2023	19/08/2022	27/07/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/04/2026	19/05/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	04/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	27/06/2024	Dutch	PDF
Abridged model	28/02/2023	30/06/2023	11/08/2023	Dutch	PDF
Abridged model	28/02/2022	19/08/2022	06/09/2022	Dutch	PDF
Abridged model	28/02/2021	27/07/2021	24/08/2021	Dutch	PDF
Abridged model	28/02/2020	28/07/2020	19/08/2020	Dutch	PDF
Abridged model	28/02/2019	23/07/2019	14/08/2019	Dutch	PDF
Abridged model	28/02/2018	24/07/2018	10/08/2018	Dutch	PDF
Micro model	28/02/2017	25/07/2017	29/09/2017	Dutch	PDF
Abridged model	29/02/2016	26/07/2016	07/11/2016	Dutch	PDF
Abridged model	28/02/2015	18/06/2015	24/09/2015	Dutch	PDF
Abridged model	28/02/2014	19/06/2014	20/08/2014	Dutch	PDF
Abridged model	28/02/2013	20/06/2013	30/07/2013	Dutch	PDF
Abridged model	29/02/2012	21/06/2012	31/08/2012	Dutch	PDF
Abridged model	28/02/2011	16/06/2011	21/07/2011	Dutch	PDF
Abridged model	28/02/2010	17/06/2010	28/07/2010	Dutch	PDF
Abridged model	28/02/2009	23/06/2009	27/08/2009	Dutch	PDF
Abridged model	29/02/2008	22/07/2008	06/11/2008	Dutch	PDF
Abridged model	28/02/2007	24/07/2007	28/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Erwin Cuppens

Director · since 03 janvier 2024

Active

Patricia Palmans

Director · since 03 janvier 2024

Active

Reinier Theodorus Teunissen

Director · since 03 janvier 2024

Active

Ended mandates

Erwin Cuppens

Director · since 01 janvier 2017

Ended

Erwin CUPPENS

Manager · since 01 janvier 2017

Ended

Patricia Palmans

Director · since 01 janvier 2017

Ended

Patricia Palmans

Manager · since 01 janvier 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates12/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2006
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202531,5 k €↓
2024
Annual accounts 202443,2 k €↑
2023
Annual accounts 2023-14,2 k €↓
2023
Annual accounts 2023-978,3 €↓
2022
Annual accounts 20225,9 k €↑
2021
Annual accounts 20211 k €↓
2020
Annual accounts 20206 k €↑
2019
Annual accounts 20195,3 k €↑
2018
Annual accounts 20184,9 k €↑
2017
Annual accounts 2017-17,4 k €↑
2016
Annual accounts 2016-43,5 k €↓
2015
Annual accounts 2015-14,4 k €↓
2014
Annual accounts 201415,1 k €↑
2013
Annual accounts 20139,4 k €↑
2012
Annual accounts 2012858,7 €↑
2011
Annual accounts 2011-19 k €↑
2010
Annual accounts 2010-30,3 k €↓
2009
Annual accounts 2009-6,5 k €↑
2008
Annual accounts 2008-9,4 k €↑
2007
Annual accounts 2007-10,2 k €
25/01/1994
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TRIPLE X

Overview

What does TRIPLE X do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline