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1506

Active
Private limited companyfounded 20215 yrs activeR. Ferme du Grand Sart 7, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0763.727.916
Summary

The computed 12-month bankruptcy probability of 1506 is 3.7% (moderate). The 2024 annual accounts show equity of €6,635 and a net result of -€537. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 690 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability21▲+21
Solvency65▼-7
Growth32=
Track record94
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
39.7%
Return on assets
-3.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
20 d early
2022
45 d early
2021
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 February 2021, 1506 was incorporated as a Private limited company.1 Total assets went from EUR 14,149 in 2021 to EUR 16,698 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€537▲ 85.9%
2023 · -€3,803
Working capital
€6,189▼ 4.0%
2023 · €6,448
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€7,233-€5,997▼ 17.1%-€2,748€430
Net result€4,544within the sector's middle half-€3,431within the sector's middle half▼ 24.5%-€3,803below the sector's middle half-€537below the sector's middle half▲ 85.9%
Equity€7,544below the sector's middle half-€10,975below the sector's middle half▲ 45.5%€7,172below the sector's middle half▼ 34.6%€6,635below the sector's middle half▼ 7.5%
Total assets€14,149below the sector's middle half-€21,164below the sector's middle half▲ 49.6%€15,109below the sector's middle half▼ 28.6%€16,698below the sector's middle half▲ 10.5%
Debt€6,606-€10,189▲ 54.3%€7,937▼ 22.1%€10,063▲ 26.8%
Working capital€7,544within the sector's middle half-€10,975within the sector's middle half▲ 45.5%€6,448within the sector's middle half▼ 41.2%€6,189within the sector's middle half▼ 4.0%
Solvency53.3%within the sector's middle half-51.9%within the sector's middle half▼ 1.5pp47.5%within the sector's middle half▼ 4.4pp39.7%within the sector's middle half▼ 7.7pp
Current ratio2.14within the sector's middle half-2.08within the sector's middle half▼ 0.061.81within the sector's middle half▼ 0.261.61within the sector's middle half▼ 0.20
Return on assets (ROA)32.1%above the sector's middle half-16.2%above the sector's middle half▼ 15.9pp-25.2%below the sector's middle half▼ 41.4pp-3.2%below the sector's middle half▲ 22.0pp
Staff (FTE)0.4below the sector's middle half-0.3below the sector's middle half▼ 25.0%
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000Operating result 2021: €7,233€7,233Net result 2021: €4,544€4,544Operating result 2022: €5,997€5,997Net result 2022: €3,431€3,431Operating result 2023: -€2,748-€2,748Net result 2023: -€3,803-€3,803Operating result 2024: €430€430Net result 2024: -€537-€5372021202220232024-€5,000-€2,500€0€2,500€5,000Operating result 2022: €5,997€6,000Net result 2022: €3,431€3,430Operating result 2023: -€2,748-€2,750Net result 2023: -€3,803-€3,800Operating result 2024: €430€430Net result 2024: -€537-€537202220232024
The operating result returns to profit in 2024: €430 after a loss of €2,748 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16,698
Fixed assets €446 ▼ 38.4%
Current assets €16,252 ▲ 13.0%
Equity and liabilities €16,698
Equity €6,635 ▼ 7.5%
Debt €10,063 ▲ 26.8%
Debt's share of the balance-sheet total rises from 52.5% to 60.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€707▲
2023 · -€2,639
Cash flow
-€259▲
2023 · -€3,693
Quick ratio
1.60▲
2023 · 1.56
Debt to equity
1.52▲
2023 · 1.11
ROE
-8.1%▲
2023 · -53.0%
Interest coverage
0.73▲
2023 · -2.49
Debt ≤ 1 year
€10,063▲
2023 · €7,937
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€15,109€16,698▲
Fixed assets21/28€724€446▼
Tangible fixed assets22/27€724€446▼
Plant, machinery and equipment23€724€446▼
Current assets29/58€14,385€16,252▲
Stocks and contracts in progress3€2,036€150▼
Stocks30/36€2,036€150▼
Amounts receivable within one year40/41€1,729€4,895▲
Trade receivables40€1,729€4,679▲
Other amounts receivable41-€216
Cash at bank and in hand54/58€10,310€10,930▲
Deferred charges and accrued income490/1€310€277▼
Equity and liabilities
Total equity and liabilities10/49€15,109€16,698▲
Equity10/15€7,172€6,635▼
Contributions10/11€3,000€3,000=
Reserves13€7,975€7,975=
Distributable reserves133€7,975€7,975=
Profit (loss) carried forward14-€3,803-€4,340▼
Amounts payable17/49€7,937€10,063▲
Amounts payable within one year42/48€7,937€10,063▲
Trade debts44€3,250€718▼
Suppliers440/4€3,250€718▼
Taxes, remuneration and social security45€4,607€4,383▼
Taxes450/3€3,207€4,383▲
Remuneration and social security454/9€1,400-
Other amounts payable47/48€80€4,962▲
Income statement Code20232024
Remuneration, social security and pensions62€235-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110€278▲
Other operating charges640/8€469€1,440▲
Gross operating margin9900-€1,934€2,147▲
Operating profit (loss)9901-€2,748€430▲
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€1,058€967▼
Recurring financial charges65€1,058€967▼
Profit (loss) for the period before taxes9903-€3,803-€537▲
Profit (loss) for the period9904-€3,803-€537▲
Profit (loss) for the period to be appropriated9905-€3,803-€537▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,803-€4,340▼
Profit (loss) brought forward from the previous period14P--€3,803

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62€19,905€6,845€235--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€110€278▲ 153%
Other operating charges640/8€404€769€469€1,440▲ 207%
Gross operating margin9900€27,543€13,611-€1,934€2,147▲ 211%
Operating profit (loss)9901€7,233€5,997-€2,748€430▲ 116%
Financial income75/76B€3-€4€0▼ 98.2%
Recurring financial income75€3-€4€0▼ 98.2%
Financial charges65/66B€534€1,125€1,058€967▼ 8.6%
Recurring financial charges65€534€1,125€1,058€967▼ 8.6%
Profit (loss) for the period before taxes9903€6,703€4,872-€3,803-€537▲ 85.9%
Income taxes67/77€2,159€1,442---
Profit (loss) for the period9904€4,544€3,431-€3,803-€537▲ 85.9%
Profit (loss) for the period to be appropriated9905€4,544€3,431-€3,803-€537▲ 85.9%
Line2021202220232024Change
Assets
Total assets20/58€14,149€21,164€15,109€16,698▲ 10.5%
Fixed assets21/28--€724€446▼ 38.4%
Tangible fixed assets22/27--€724€446▼ 38.4%
Plant, machinery and equipment23--€724€446▼ 38.4%
Current assets29/58€14,149€21,164€14,385€16,252▲ 13.0%
Stocks and contracts in progress3--€2,036€150▼ 92.6%
Stocks30/36--€2,036€150▼ 92.6%
Amounts receivable within one year40/41€372€18,440€1,729€4,895▲ 183%
Trade receivables40€79€18,395€1,729€4,679▲ 171%
Other amounts receivable41€292€46-€216-
Cash at bank and in hand54/58€13,442€2,370€10,310€10,930▲ 6.0%
Deferred charges and accrued income490/1€336€354€310€277▼ 10.6%
Equity and liabilities
Total equity and liabilities10/49€14,149€21,164€15,109€16,698▲ 10.5%
Equity10/15€7,544€10,975€7,172€6,635▼ 7.5%
Contributions10/11€3,000€3,000€3,000€3,000=
Reserves13€4,544€7,975€7,975€7,975=
Distributable reserves133€4,544€7,975€7,975€7,975=
Profit (loss) carried forward14---€3,803-€4,340▼ 14.1%
Amounts payable17/49€6,606€10,189€7,937€10,063▲ 26.8%
Amounts payable within one year42/48€6,606€10,189€7,937€10,063▲ 26.8%
Trade debts44€644€4,790€3,250€718▼ 77.9%
Suppliers440/4€644€4,790€3,250€718▼ 77.9%
Taxes, remuneration and social security45€5,961€5,318€4,607€4,383▼ 4.9%
Taxes450/3€2,455€5,318€3,207€4,383▲ 36.7%
Remuneration and social security454/9€3,506-€1,400--
Other amounts payable47/48-€81€80€4,962▲ 6,097%
Line2021202220232024Change
Profit (loss) for the period9904€4,544€3,431-€3,803-€537▲ 85.9%
+ Depreciation and write-downs630--€110€278▲ 153%
Operating cash flow (approximation)€4,544€3,431-€3,693-€259▲ 93.0%
Investment in fixed assets (approximation)---€0-
Change in cash--€11,072€7,940€620▼ 92.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
11-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet -€3,803
Net result drops to -€3,803, the lowest in the series; recovery starts the following year.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
17-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grez-Doiceau · 1 establishment unit since 2021
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

R. Ferme du Grand Sart 71390 Grez-Doiceau
1 establishment unit
1506
R. Ferme du Grand Sart 7, 1390 Grez-DoiceauRetail sale of flowers, plants, seeds and fertilisers
since 20212.313.523.244

Similar companies · same sector, comparable size

Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 1,986 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Contact
E-mail hvb@reflecto.eu
E-invoicing
Reachable via Peppol
Peppol ID 0208:0763727916
Registered 03-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.