THIRD DEGREE
0653.707.744 · rovalta.com · 07/11/2026
ACTIVE
THIRD DEGREE
Financial year 2025 · Closed on 31/12/2025
Net result27,6 k €-70,7 %over 1 year
Gross margin90,5 k €-52,7 %over 1 year
Equity269,2 k €+11,4 %over 1 year
Overview
Identity
Source · BCE/KBOTHIRD DEGREE is a Private limited company incorporated in 2016. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Merelbeke-Melle.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0653.707.744
- Incorporation
- 02/05/2016
- Legal form
- Private limited company
- Registered office
- Van Goethemstraat 45
9820 Merelbeke-Melle · FlandreSee on map - Contributed capital
- 6 200,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Financials
Source · NBB, 10 filingsTrend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 90,5 k € | -52.7% | 191,4 k € | -2.9% | 197,1 k € | +37.8% | 143 k € | +996% | 13 k € |
| EBITDA | 88,5 k € | -53.1% | 188,6 k € | -3.5% | 195,4 k € | +38.0% | 141,6 k € | +1112% | 11,7 k € |
| Operating result | 50,8 k € | -66.3% | 150,8 k € | -2.2% | 154,1 k € | +54.8% | 99,6 k € | +393% | -34 k € |
| Net result | 27,6 k € | -70.7% | 94,3 k € | -4.6% | 98,8 k € | +36.1% | 72,6 k € | +277% | -40,9 k € |
| Balance sheet | |||||||||
| Equity | 269,2 k € | +11.4% | 241,6 k € | -25.9% | 326,1 k € | -13.0% | 374,6 k € | +24.1% | 302 k € |
| Total assets | 650,2 k € | -16.2% | 776,3 k € | +6.6% | 728,5 k € | -8.7% | 797,5 k € | +1.1% | 789,1 k € |
| Cash | 43,4 k € | -72.3% | 156,5 k € | +151% | 62,3 k € | -21.5% | 79,4 k € | +102% | 39,3 k € |
| Debts | 380,5 k € | -28.8% | 534,7 k € | +50.2% | 355,9 k € | -15.8% | 422,9 k € | -13.2% | 487,1 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Nicholas De Walsche | Managersince 28/04/2016Director2024 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Nicolas De Walsche | Manager2020 accounts |
Other companies at this address
Van Goethemstraat 45 9820 Merelbeke-Melle| Company | CBE no. |
|---|---|
BILDUNG● Active | 0789.432.916 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 31/08/2026 | 30/08/2025 | 05/10/2024 | 29/09/2023 | 31/08/2022 | 28/10/2021 |
| General meeting | 26/06/2026 | 31/07/2025 | 26/06/2024 | 26/06/2023 | 27/06/2022 | 26/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 10 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 26/06/2026 | 31/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 31/07/2025 | 30/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 26/06/2024 | 05/10/2024 | Dutch | |
| Micro model | 31/12/2022 | 26/06/2023 | 29/09/2023 | Dutch | |
| Micro model | 31/12/2021 | 27/06/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 26/06/2021 | 28/10/2021 | Dutch | |
| Micro model | 31/12/2019 | 26/06/2020 | 25/11/2020 | Dutch | |
| Micro model | 31/12/2018 | 26/06/2019 | 31/10/2019 | Dutch | |
| Micro model | 31/12/2017 | 26/06/2018 | 28/09/2018 | Dutch | |
| Micro model | 31/12/2016 | 26/06/2017 | 25/08/2017 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Nicholas De Walsche | Managersince 28/04/2016Director2024 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Nicolas De Walsche | Manager2020 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings10 filings
Mandates
Nicholas De Walsche
Nicolas De Walsche
20162017201820192020202120222023202420252026
THIRD DEGREE
Van Goethemstraat 45, 9820 Merelbeke-MelleVan Goethemstraat 45, 9820 Merelbeke-Melle
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Van Goethemstraat 45, 9820 Merelbeke-MelleCurrent | accounts 2024 → 2025 | Accounts 2025 · 2026-00499895 |
| Baudelostraat 97, 9000 Gent | accounts 2023 | Accounts 2023 · 2024-00494847 |
| Van Goethemstraat 45, 9820 Merelbeke-Melle | accounts 2021 → 2022 | Accounts 2022 · 2023-00461418 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| THIRD DEGREECurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00499895 |
Events
- 2025Annual accounts 202527,6 k €↓
- 2024Annual accounts 202494,3 k €↓
- 2023Annual accounts 202398,8 k €↑
- 2022Annual accounts 202272,6 k €↑
- 2021Annual accounts 2021-40,9 k €↓
- 2020Annual accounts 20208,7 k €↓
- 2019Annual accounts 201990,4 k €↑
- 2018Annual accounts 201888,4 k €↑
- 2017Annual accounts 201765,1 k €↓
- 2016Annual accounts 201684,2 k €
- 02/05/2016IncorporationPrivate limited company