Equity
€48,050 ▲ 59.5%
AARDEWERKT paid out €1,666 in dividends. That is 9% of the 2025 profit.
AARDEWERKT
Lifetime
2 annual accounts with figures on one time axispeak €72,165 (2024)
€46,722▼ 35.3%
peak €29,798 (2024)
€19,584▼ 34.3%
peak €48,050 (2025)
€48,050▲ 59.5%
€202,253▲ 2.0%
Board2 names since 2023
2 directorsDE WOLF Thibault Philip Gilberte and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €72,165 to €46,722Result from €29,798 to €19,584Dividend €1,666Equity from €30,132 to €48,050
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Debts
€202,253 81% of the balance sheet
Financial debts 64%Suppliers 12%Taxes and wages 8%Other 17%
Of this, €72,967 falls due within a year.
2025 accounts filed 31 days after the deadline
Checked score
52
Fair
Financially stronger than 53% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 2.0%lowest value
02-2025: 2.0%● unchanged vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.5%▲ +0.5 percentage points vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.8%▲ +0.3 percentage points vs 05-2025
07-2025: 3.1%▲ +0.3 percentage points vs 06-2025
08-2025: 3.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 2.2%▼ -1.0 percentage point vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.3%▲ +0.1 percentage points vs 11-2025
01-2026: 2.3%● unchanged vs 12-2025
02-2026: 2.3%● unchanged vs 01-2026
03-2026: 2.3%● unchanged vs 02-2026
04-2026: 2.3%● unchanged vs 03-2026
05-2026: 2.4%▲ +0.1 percentage points vs 04-2026
06-2026: 2.3%▼ -0.1 percentage points vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 2.8%▲ +0.5 percentage points vs 07-2026
09-2026: 2.7%▼ -0.1 percentage points vs 08-2026
10-2026: 2.7%● unchanged vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Services to buildings and landscape activities (NACE 81)
Size: total assets €250,303
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 26% of them on solvency, 46% on liquidity, 56% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as AARDEWERKT has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AARDEWERKT itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for AARDEWERKT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.77 (0.66 in 2024), below 1. Short-term debt is 29.2% and cash 9% of total assets. 80.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
31 days late
2024
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 29 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE WOLF Thibault Philip Gilberte 99 sharesdeed of 08-12-2023
- VONCK Emily 1 sharedeed of 08-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003054729
Incorporation
Founding capital of €2,000, 100 shares · Founders: DE WOLF Thibault Philip Gilberte and VONCK Emily · Appointments: DE WOLF Thibault Philip Gilberte (director) and VONCK Emily (director) · published on 08-12-2023 · Gazette deed
First establishment
Zijpstraat 55A, Aalst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AARDEWERKT Aalst | €250,303 | €46,722 | 19.2% | - |
| Brandhout Vlaanderen Destelbergen | €235,710 | €44,540 | 6.2% | - |
| Pieter Buyens Tuinprojecten Herselt | €228,650 | €50,205 | 32.6% | - |
| SCHUYTEN CONSTRUCTION Grâce-Hollogne | €281,070 | €49,279 | 10.4% | - |
| BEN WILMS Rumst | €269,873 | €39,962 | 37.9% | - |
| JDC Lessines | €218,579 | €42,492 | 3.1% | - |
| Gert Dendermonde | €338,223 | €51,059 | 1.2% | - |
These companies have the same main activity as AARDEWERKT: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €219,000 and €338,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 06-12-2023Normal situation
- Activity
- Landscape service activitiesNACE 81300and 3 others
- Establishment unit
- 2.352.815.7669308 Aalst, since 06-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-03-2024
Insights on AARDEWERKT
The computed 12-month bankruptcy probability of AARDEWERKT is 2.7% (moderate). The 2025 annual accounts show equity of €48,050 and a net result of €19,584.
Its solvency ranks better than 27% of 5,728 sector peers (NACE 81, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AARDEWERKT
- What is the company number of AARDEWERKT?
- The company number of AARDEWERKT is 1003.054.729. The VAT number is the same number with BE in front: BE 1003.054.729.
- Where is AARDEWERKT based?
- The registered office is at Zijpstraat 55A, 9308 Aalst.Company details
- What does AARDEWERKT do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of AARDEWERKT?
- AARDEWERKT is a private limited company (BV).
- When was AARDEWERKT founded?
- AARDEWERKT was founded on 06-12-2023.
- Is AARDEWERKT still active?
- Yes, AARDEWERKT is an active enterprise in the KBO register.
- What is the turnover of AARDEWERKT?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €46,722 and 41 comparable companies (NACE 81). It probably lies between €130,000 and €330,000.Financials
- Is AARDEWERKT profitable?
- In financial year 2025, AARDEWERKT made a profit of €19,584.
- Where can I find the annual accounts of AARDEWERKT?
- AARDEWERKT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AARDEWERKT due?
- AARDEWERKT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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