AB TREEWORKERS
ActiveSummary
AB TREEWORKERS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43k and a net result of €16k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 686 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+16
Solvency60=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.69 against 0.48 in 2023; short-term debt: 46.1% and cash: 1.2% of total assets), and 64.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
35.1%
Return on assets
12.8%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 147 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 28-05-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
28 d late
2023
21 d late
2022
31 d late
2021
4 d late
2020
28 d late
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▲ 12,079%
2023 · €128
2018: €19k
2019: €8k
2020: €5k
2021: €3k
2022: €2k
2023: €128
2018 → 2024
Working capital
€-17k▲ 20.0%
2023 · €-22k
2018: €-17k
2019: €-7k
2020: €-1k
2021: €-18k
2022: €-25k
2023: €-22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€25k▲ 12.8%€27k▲ 7.6%€27k▲ 0.5%€43k▲ 57.1%
Operating result€6k-€5k▼ 20.7%€5k▲ 1.7%€2k▼ 58.0%€24k▲ 996%
Net result€5k-€3k▼ 46.7%€2k▼ 32.5%€128▼ 93.4%€16k▲ 12,079%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 996% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €122k
Fixed assets
€83k ▲ 41.2%
Current assets
€39k ▲ 97.4%
Equity and liabilities €122k
Equity
€43k ▲ 57.1%
Debt
€79k ▲ 54.3%
Debt's share of the balance-sheet total falls from 65.3% to 64.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2023 · €9k
Cash flow
€29k▲
2023 · €7k
Current ratio
0.69▲
2023 · 0.48
Debt to equity
1.85▼
2023 · 1.88
ROE
36.4%▲
2023 · 0.5%
ROA
12.8%▲
2023 · 0.2%
Interest coverage
18.14▲
2023 · 6.67
Debt ≤ 1 year
€56k▲
2023 · €41k
Debt > 1 year
€19k▲
2023 · €8k
Income taxes
€7k▲
2023 · €736
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€78k€122k▲
Fixed assets21/28€59k€83k▲
Tangible fixed assets22/27€44k€68k▲
Land and buildings22€30k€30k=
Plant, machinery and equipment23€5k€11k▲
Furniture and vehicles24€9k€27k▲
Financial fixed assets28€15k€15k=
Current assets29/58€20k€39k▲
Amounts receivable within one year40/41€9k€36k▲
Trade receivables40€9k€31k▲
Other amounts receivable41-€4k
Cash at bank and in hand54/58€10k€2k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€78k€122k▲
Equity10/15€27k€43k▲
Contributions10/11€6k€6k=
Reserves13€664€664=
Non-distributable reserves130/1€664€664=
Reserves not available under the articles1311€664€664=
Profit (loss) carried forward14€20k€36k▲
Amounts payable17/49€51k€79k▲
Amounts payable after more than one year17€8k€19k▲
Financial debts170/4€8k€19k▲
Amounts payable within one year42/48€41k€56k▲
Current portion of amounts payable after more than one year42€3k€7k▲
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Taxes, remuneration and social security45€1k€7k▲
Taxes450/3€1k€7k▲
Other amounts payable47/48€24k€27k▲
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20232024
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€13k▲
Other operating charges640/8€644€479▼
Gross operating margin9900€10k€38k▲
Operating profit (loss)9901€2k€24k▲
Financial income75/76B-€565
Recurring financial income75-€565
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€864€23k▲
Income taxes67/77€736€7k▲
Profit (loss) for the period9904€128€16k▲
Profit (loss) for the period to be appropriated9905€128€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€36k▲
Profit (loss) brought forward from the previous period14P€20k€20k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
30-09
Financial
Weakest financial yearnet €128 ▼93.4%
Net result drops to €128, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 28 days late
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 29 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 38 days late
2016
06-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Enghien · 1 establishment unit since 2007
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.
Kolenstraat(P.E.) 68A7850 EnghienGround area
2,179 m²
Building footprint
417 m²
Volume, LiDAR
1,858 m³
2 parcels, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AB TREEWORKERS
since 20072.163.055.359
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033A0006/00F000 | Wallonia | 1,103 m² | 1 · 115 m² | - |
| 55033A0010/00H000 | Wallonia | 1,076 m² | 1 · 302 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Les Jardins de J.D.
BE 1031.500.869
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JARBO
BE 0886.711.642
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Tuinen Vandewalle
BE 0765.744.328
Roeselare · Eq €42,721
VEREECKE OPRITTEN
BE 0666.555.690
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GARDEN DESIGN DEMEULENAERE
BE 0629.848.219
Brugge · Eq €42,860
Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,548 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2007
Fiscal year end30-09
Activities, NACEBEL 2025
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:abtreeworkers@gmail.com
Phone:0497/707170