ACTIV GARDEN
ActiveSummary
ACTIV GARDEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,364 and a net result of €14,422. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 4665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+23
Solvency53▲+18
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.04 in 2024; short-term debt: 53% and cash: 8.2% of total assets), but 71.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.1%
Return on assets
15.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €26,364
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 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
28 d late
2024
71 d late
2023
29 d late
2022
31 d late
2021
21 d late
2020
8 d early
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€26,364▲ 121%
2024 · €11,942
Total assets
€93,658▼ 20.4%
2024 · €117,641
Net result
€14,422▲ 24.5%
2024 · €11,580
Working capital
€30,411▲ 659%
2024 · €4,007
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,616€7,938▲ 41.3%€24,880▲ 213%€24,393▼ 2.0%€26,573▲ 8.9%
Net result-€11,234below the sector's middle half▲ 17.2%€10within the sector's middle half€15,938within the sector's middle half▲ 159,280%€11,580within the sector's middle half▼ 27.3%€14,422within the sector's middle half▲ 24.5%
Equity-€15,586below the sector's middle half▼ 258%-€15,576below the sector's middle half▲ 0.1%€362below the sector's middle half€11,942below the sector's middle half▲ 3,199%€26,364within the sector's middle half▲ 121%
Total assets€77,795within the sector's middle half▼ 17.1%€85,968within the sector's middle half▲ 10.5%€90,800within the sector's middle half▲ 5.6%€117,641within the sector's middle half▲ 29.6%€93,658within the sector's middle half▼ 20.4%
Debt€93,380▼ 4.9%€101,544▲ 8.7%€90,438▼ 10.9%€105,699▲ 16.9%€67,294▼ 36.3%
Working capital-€27,929below the sector's middle half▼ 311%-€13,549below the sector's middle half▲ 51.5%€18,652within the sector's middle half€4,007within the sector's middle half▼ 78.5%€30,411within the sector's middle half▲ 659%
Solvency-20.0%below the sector's middle half▼ 15.4pp-18.1%below the sector's middle half▲ 1.9pp0.4%below the sector's middle half▲ 18.5pp10.2%below the sector's middle half▲ 9.8pp28.1%within the sector's middle half▲ 18.0pp
Current ratio0.66below the sector's middle half▼ 0.250.84below the sector's middle half▲ 0.181.33within the sector's middle half▲ 0.501.04within the sector's middle half▼ 0.291.61within the sector's middle half▲ 0.57
Return on assets (ROA)-14.4%below the sector's middle half=0.0%below the sector's middle half▲ 14.5pp17.6%above the sector's middle half▲ 17.5pp9.8%within the sector's middle half▼ 7.7pp15.4%within the sector's middle half▲ 5.6pp
Staff (FTE)1.2▲ 20.0%1.3▲ 8.3%1.3=
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,658
Fixed assets
€13,628 ▼ 21.5%
Current assets
€80,030 ▼ 20.2%
Equity and liabilities €93,658
Equity
€26,364 ▲ 121%
Debt
€67,294 ▼ 36.3%
Debt's share of the balance-sheet total falls from 89.8% to 71.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,327▲
2024 · €30,017
Cash flow
€18,176▲
2024 · €17,204
Quick ratio
1.20▲
2024 · 0.66
Debt to equity
2.55▼
2024 · 8.85
ROE
54.7%▼
2024 · 97.0%
Interest coverage
4.31▲
2024 · 2.34
Debt ≤ 1 year
€49,619▼
2024 · €96,264
Income taxes
€5,120
Staff costs
€59,686▲
2024 · €42,474
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,818 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €34,454 | €37,361 | €47,284 | €42,474 | €59,686 | ▲ 40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,550 | €9,998 | €6,046 | €5,624 | €3,754 | ▼ 33.3% |
| Other operating charges640/8 | €1,396 | €1,347 | €4,178 | €1,128 | €2,287 | ▲ 103% |
| Non-recurring operating charges66A | €1,440 | - | - | - | - | - |
| Gross operating margin9900 | €54,455 | €56,644 | €82,388 | €73,619 | €92,300 | ▲ 25.4% |
| Operating profit (loss)9901 | €5,616 | €7,938 | €24,880 | €24,393 | €26,573 | ▲ 8.9% |
| Financial income75/76B | €4 | - | €7,930 | - | - | - |
| Recurring financial income75 | €4 | - | €7,930 | - | - | - |
| Financial charges65/66B | €16,854 | €7,928 | €16,872 | €12,813 | €7,031 | ▼ 45.1% |
| Recurring financial charges65 | €16,854 | €7,928 | €16,872 | €12,813 | €7,031 | ▼ 45.1% |
| Profit (loss) for the period before taxes9903 | -€11,234 | €10 | €15,938 | €11,580 | €19,542 | ▲ 68.8% |
| Income taxes67/77 | - | - | - | - | €5,120 | - |
| Profit (loss) for the period9904 | -€11,234 | €10 | €15,938 | €11,580 | €14,422 | ▲ 24.5% |
| Profit (loss) for the period to be appropriated9905 | -€11,234 | €10 | €15,938 | €11,580 | €14,422 | ▲ 24.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77,795 | €85,968 | €90,800 | €117,641 | €93,658 | ▼ 20.4% |
| Fixed assets21/28 | €24,103 | €17,210 | €15,795 | €17,370 | €13,628 | ▼ 21.5% |
| Tangible fixed assets22/27 | €21,518 | €14,625 | €13,210 | €14,785 | €11,043 | ▼ 25.3% |
| Land and buildings22 | €524 | €305 | €86 | - | - | - |
| Plant, machinery and equipment23 | €13,727 | €7,616 | €6,016 | €4,373 | €2,731 | ▼ 37.5% |
| Furniture and vehicles24 | €7,268 | €6,704 | €7,108 | €10,412 | €8,312 | ▼ 20.2% |
| Financial fixed assets28 | €2,585 | €2,585 | €2,585 | €2,585 | €2,585 | = |
| Current assets29/58 | €53,692 | €68,758 | €75,005 | €100,271 | €80,030 | ▼ 20.2% |
| Stocks and contracts in progress3 | €40,016 | €40,016 | €35,727 | €37,025 | €20,267 | ▼ 45.3% |
| Stocks30/36 | €40,016 | €40,016 | €35,727 | €37,025 | €20,267 | ▼ 45.3% |
| Amounts receivable within one year40/41 | €9,056 | €25,322 | €30,782 | €48,373 | €52,062 | ▲ 7.6% |
| Trade receivables40 | €6,204 | €19,943 | €30,287 | €35,514 | €46,280 | ▲ 30.3% |
| Other amounts receivable41 | €2,853 | €5,379 | €495 | €12,859 | €5,782 | ▼ 55.0% |
| Cash at bank and in hand54/58 | €3,199 | €1,325 | €627 | €14,873 | €7,701 | ▼ 48.2% |
| Deferred charges and accrued income490/1 | €1,420 | €2,095 | €7,869 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77,795 | €85,968 | €90,800 | €117,641 | €93,658 | ▼ 20.4% |
| Equity10/15 | -€15,586 | -€15,576 | €362 | €11,942 | €26,364 | ▲ 121% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €7,841 | €7,840 | €7,840 | €7,840 | €20,340 | ▲ 159% |
| Non-distributable reserves130/1 | €916 | €916 | €916 | €916 | €916 | = |
| Reserves not available under the articles1311 | €916 | €916 | €916 | €916 | €916 | = |
| Tax-exempt reserves132 | €6,924 | €6,924 | - | - | - | - |
| Distributable reserves133 | - | - | €6,924 | €6,924 | €19,424 | ▲ 181% |
| Profit (loss) carried forward14 | -€42,026 | -€42,016 | -€26,078 | -€14,498 | -€12,576 | ▲ 13.3% |
| Amounts payable17/49 | €93,380 | €101,544 | €90,438 | €105,699 | €67,294 | ▼ 36.3% |
| Amounts payable after more than one year17 | €11,759 | - | - | - | - | - |
| Financial debts170/4 | €11,759 | - | - | - | - | - |
| Amounts payable within one year42/48 | €81,621 | €82,307 | €56,353 | €96,264 | €49,619 | ▼ 48.5% |
| Current portion of amounts payable after more than one year42 | - | €29,798 | - | €23,500 | €20,983 | ▼ 10.7% |
| Financial debts43 | €23,241 | - | €23,500 | - | - | - |
| Credit institutions430/8 | €23,241 | - | €23,500 | - | - | - |
| Trade debts44 | €8,983 | €17,182 | €12,148 | €40,023 | €8,887 | ▼ 77.8% |
| Suppliers440/4 | €8,983 | €17,182 | €12,148 | €40,023 | €8,887 | ▼ 77.8% |
| Taxes, remuneration and social security45 | €23,235 | €11,188 | €6,117 | €11,681 | €13,504 | ▲ 15.6% |
| Taxes450/3 | €2,772 | €4,761 | €1,807 | €9,391 | €8,198 | ▼ 12.7% |
| Remuneration and social security454/9 | €20,462 | €6,427 | €4,310 | €2,290 | €5,306 | ▲ 132% |
| Other amounts payable47/48 | €26,163 | €24,139 | €14,588 | €21,060 | €6,245 | ▼ 70.3% |
| Accrued charges and deferred income492/3 | €0 | €19,237 | €34,085 | €9,435 | €17,675 | ▲ 87.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,234 | €10 | €15,938 | €11,580 | €14,422 | ▲ 24.5% |
| + Depreciation and write-downs630 | €11,550 | €9,998 | €6,046 | €5,624 | €3,754 | ▼ 33.3% |
| Operating cash flow (approximation) | €315 | €10,008 | €21,984 | €17,204 | €18,176 | ▲ 5.6% |
| Investment in fixed assets (approximation) | - | -€3,105 | -€4,631 | -€7,199 | -€12 | ▲ 99.8% |
| Change in cash | - | -€1,874 | -€698 | €14,246 | -€7,172 | ▼ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €15,938 ▲159,280%
Net result €15,938, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €10
Net result €10 after 3 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet -€15,913
Net result drops to -€15,913, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wingene · 1 establishment unit since 2003
Ground area
2,343 m²
Building footprint
166 m²
Volume, LiDAR
860 m³
Parcel 37018C0544/00K000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ACTIV GARDEN
since 20032.132.401.577
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018C0544/00K000 | Flanders | 2,343 m² | 1 · 166 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
8 endedGroenaanleg en –beheer duaal (so)
Medewerker groen- en tuinaanleg (vwo)
Medewerker groen- en tuinaanleg duaal (so)
Medewerker groen- en tuinbeheer (vwo)
Medewerker groen- en tuinbeheer duaal (so)
Tuinaanlegger-groenbeheerder duaal (so)
Tuinaanlegger/groenbeheerder (so)
Tuinaannemer (so)
Similar companies · same sector, comparable size
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Médelgro
BE 0683.487.833
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GREEN DIELS
BE 0727.833.362
Herentals · Eq €26,285
Tuinaannemingen Verreth Pol
BE 0502.792.966
Putte · Eq €26,449
Of 21,212 companies in this sector we hold annual accounts for 4,372. 3,314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded05-05-2003
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
42110Construction of roads and motorways
43120Site preparation
43320Joinery installation
43990Other specialised construction activities
47761Retail sale of flowers, plants, seeds and fertilisers
71113Urban planning and landscape architecture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0480144852
Also
9925:BE0480144852
Registered
01-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.