ACTIVE

THREE LION

Financial year 2025 · Closed on 31/12/2025

Net result162,3 k €-65,5 %over 1 year

Gross margin977 k €+1,8 %over 1 year

Equity5,3 M €+7,0 %over 1 year

Identity

Source · BCE/KBO

THREE LION is a Public limited company incorporated in 1995. Its main activity is: Freight transport by road. Its registered office is in Malle.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0454.302.468
Incorporation: 03/02/1995
Legal form: Public limited company
Registered office: Merksplassebaan 100
2390 Malle · FlandreSee on map
Contributed capital: 138 820,37 €
Latest accounts: 31/12/2025

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 01110Growing of cereals (except rice), leguminous crops and oil seeds 01110Growing of cereals (except rice), leguminous crops and oil seeds 01410Raising of dairy cattle+9

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	977 k €	+1.8%	959,5 k €	+23.6%	776,4 k €	-52.7%	1,6 M €	+94.5%	843,8 k €
EBITDA	657,6 k €	-27.5%	906,6 k €	+25.6%	721,8 k €	-45.9%	1,3 M €	+68.6%	790,6 k €
Operating result	392,4 k €	-40.7%	661,3 k €	+28.3%	515,2 k €	-55.6%	1,2 M €	+93.0%	601,8 k €
Net result	162,3 k €	-65.5%	471 k €	+16.9%	402,8 k €	-53.0%	856,9 k €	+93.2%	443,5 k €
Balance sheet
Equity	5,3 M €	+7.0%	4,9 M €	+7.1%	4,6 M €	+8.8%	4,2 M €	+25.3%	3,4 M €
Total assets	6,2 M €	+2.6%	6,1 M €	+5.5%	5,8 M €	+3.0%	5,6 M €	+12.6%	5 M €
Cash	57,8 k €	-0.9%	58,4 k €	-29.6%	82,9 k €	-61.1%	213,4 k €	+239%	63 k €
Debts	788,9 k €	-12.2%	898,2 k €	-2.3%	919,2 k €	-17.3%	1,1 M €	-26.5%	1,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FEE invest0727.532.464Represented by Bart Vaernewyck	Director22/12/2023 → 08/06/2029
VIMA invest0727.535.236Represented by Geert Vaernewyck	Director22/12/2023 → 08/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bart Vaernewyck	Managing director17/06/2015 → 2024 accounts
Geert Vaernewyck	Director05/05/2021 → 2024 accounts
Bart Karel Vaernewyck	Managing director17/06/2015 → 2019 accounts

Other companies at this address

Merksplassebaan 100 2390 Malle

Company	CBE no.
FEE invest● Active	0727.532.464
MONTEFLORES● Active	0879.759.712
VIMA invest● Active	0727.535.236

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
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	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/06/2026	15/07/2025	31/07/2024	18/07/2023	13/07/2022	25/08/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	11/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	15/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	13/07/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	25/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	25/08/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	10/07/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	15/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	14/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FEE invest0727.532.464Represented by Bart Vaernewyck	Director22/12/2023 → 08/06/2029
VIMA invest0727.535.236Represented by Geert Vaernewyck	Director22/12/2023 → 08/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bart Vaernewyck	Managing director17/06/2015 → 2024 accounts
Geert Vaernewyck	Director05/05/2021 → 2024 accounts
Bart Karel Vaernewyck	Managing director17/06/2015 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring24/10/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/07/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates09/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/12/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other01/09/2014
DOEL
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

FEE invest

VIMA invest

Bart Vaernewyck

Geert Vaernewyck

Bart Karel Vaernewyck

Geert Luc Vaernewyck

Bart Vaernewijck

Geert Vaernewijck

Anna Dickens

Luc Vaernewijck

19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

THREE LION

Merksplassebaan 100, 2390 Malle

Director

Managing director

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Merksplassebaan 100, 2390 MalleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00153377

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
THREE LIONCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00153377

Events

2025
Annual accounts 2025162,3 k €↓
2024
Annual accounts 2024471 k €↑
2023
Annual accounts 2023402,8 k €↓
2022
Annual accounts 2022856,9 k €↑
2021
Annual accounts 2021443,5 k €↓
2020
Annual accounts 2020539,1 k €↑
2019
Annual accounts 2019444,9 k €↑
2018
Annual accounts 2018361,4 k €↓
2017
Annual accounts 2017495,7 k €↑
2016
Annual accounts 2016218 k €↑
2015
Annual accounts 2015150,6 k €↑
2014
Annual accounts 2014102,2 k €↓
2013
Annual accounts 2013146,8 k €↑
2012
Annual accounts 2012101,8 k €↑
2011
Annual accounts 201198,4 k €↑
2010
Annual accounts 201094,5 k €↓
2009
Annual accounts 2009148,9 k €↑
2008
Annual accounts 2008-26,5 k €↑
2007
Annual accounts 2007-30,7 k €↑
2006
Annual accounts 2006-68,9 k €
03/02/1995
IncorporationPublic limited company

THREE LION

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events