About Third Degree
Third Degree is a private limited company (BV/SRL) based in Merelbeke-Melle, founded in 2016. Its main activity is classified as "Overige zakelijke dienstverlening, neg". For the 2025 financial year, Third Degree reported a profit of €27,593. That makes 4 profitable financial years in a row for Third Degree. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €90,534, down 53% on 2024. Equity stands at €269,210, a solvency ratio of 41%. In 2016 it was €90,423. 10 annual accounts are available, covering 2016 to 2025.
- Sectors
- Consultancy firms Wholesalers
- Signals
-
Poor liquidityPoor liquidity 0.52
The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 28KThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 269KStrong equity provides a buffer against setbacks.
Low riskLow risk 41.4%Good solvency (> 30%) points to long-term financial stability.
Positive cashflowPositive cashflow € 65KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 89KPositive EBITDA: operating activities are profitable.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
91K
|
€
191K
|
€
197K
|
€
143K
|
|
|
€
89K
|
€
189K
|
€
195K
|
€
142K
|
|
|
€
28K
|
€
94K
|
€
99K
|
€
73K
|
|
|
€
269K
|
€
242K
|
€
326K
|
€
375K
|
|
|
41.40%
|
31.13%
|
44.76%
|
46.98%
|
|
|
€
381K
|
€
535K
|
€
402K
|
€
423K
|
|
|
€
43K
|
€
157K
|
€
62K
|
€
79K
|
Publications 4
All publications- Wijziging Rechtsvorm - Ontslagen - Benoemingen 14/06/2023
- Maatschappelijke Zetel 28/11/2019
- Ontslagen - Benoemingen 09/05/2018
- Rubriek Oprichting (Nieuwe Rechtspersoon, Opening Bijkantoor, Enz...) 12/05/2016
Frequently asked questions
Answers to the most common questions about Third Degree, based on official government data and the filed annual accounts.
What is the VAT number of Third Degree?
The VAT number of Third Degree is BE0653.707.744.
When was Third Degree established?
Third Degree was founded in 02-05-2016.
What is the official address of Third Degree?
The official address of Third Degree is Van Goethemstraat 45 Merelbeke-Melle 9820.
What is the legal form of Third Degree?
The juridical form of Third Degree is Private limited company (BV/SRL).
What is the annual revenue of Third Degree?
The 2025 accounts of Third Degree do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Third Degree a reliable company?
Third Degree is a registered Rechtspersoon with company number 0653.707.744 and can be verified through the official CBE database.
What is the credit limit of Third Degree?
The estimated credit limit of Third Degree is €82,140.
Is Third Degree still active?
Third Degree currently has the status "Normal situation" and is active.