Equity
€131,823 ▲ 22.7%
C'GARDEN paid out €3,500 in dividends. That is 13% of the 2025 profit.
C'GARDEN
Lifetime
7 annual accounts with figures on one time axisGross marginpeak €281,608 (2022)
€208,653▲ 55.1%
Resultlowest -€20,618 (2024)
€27,881▲ €48,499
Equitypeak €131,823 (2025)
€131,823▲ 22.7%
Debts
€183,198▲ 1.5%
Staffpeak 6.1 FTE (2020)
-not published
Board1 name since 2021
1 directorKnops Céline
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €134,536 to €208,653Back to profit: €27,881Dividend €3,500Equity from €107,442 to €131,823
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 60% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,278 companies (NACE 47, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024lowest value
02-2025: 0.7%● unchanged vs 01-2025lowest value
03-2025: 0.7%● unchanged vs 02-2025lowest value
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.1 percentage points vs 06-2025
08-2025: 1.3%▲ +0.4 percentage points vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.5%▲ +0.2 percentage points vs 02-2026
04-2026: 1.6%▲ +0.1 percentage points vs 03-2026
05-2026: 1.5%▼ -0.1 percentage points vs 04-2026
06-2026: 1.4%▼ -0.1 percentage points vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026
08-2026: 2.3%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 0.9%▼ -1.4 percentage points vs 08-2026
10-2026: 0.8%▼ -0.1 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
Liquidity: current ratio 1.17, cash €4,011
Founded in 2018
2 establishment units
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 47, micro). It does better than 57% of them on solvency, 40% on liquidity, 71% on profitability and 75% on growth.
The bankruptcy probability was computed on 04-11-2026 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 low class on 30-06-2025, 0.8% 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, 26,972 companies had the same profile as C'GARDEN has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of C'GARDEN itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 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 26,972 companies, not a prediction for C'GARDEN. 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 €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.94 in 2024), below the usual 1.5. Short-term debt is 26% and cash 1.3% of total assets. 58.2% 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 riskneutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
27 days late
2024
29 days early
2023
23 days early
2022
28 days early
2021
25 days early
2020
18 days late
2019
13 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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. The company usually files around 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
New establishment in Jodoigne
Aveve Jodoigne, Chaussée de Wavre (Jod.) 161
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0703918706
First establishment
AVEVE, Rue de Landen 94, Hannut
Incorporation
published on 21-09-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| C'GARDEN Hannut | €315,021 | €208,653 | 41.8% | - |
| Solimami Herentals | €259,142 | €190,619 | 45.2% | - |
| WALIGALI Hannut | €408,680 | €140,254 | 22.0% | - |
| AL'BINETE WAREMME Liège | €376,628 | €192,629 | 3.5% | 2.8 |
| Bio dis-moi Huy | €314,528 | €225,705 | 79.2% | - |
| J.V. EATING CONCEPT Pajottegem | €351,360 | €285,455 | -8.0% | 16.2 |
| BEE AUTREMENT Enghien | €333,251 | €293,268 | 45.9% | 6.9 |
These companies have the same main activity as C'GARDEN: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €259,000 and €409,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 12-09-2018Normal situation
- Activity
- Other retail sale of foodNACE 47279and 3 others
- Joint committees
- 119Food trade
- 201Independent retail · annual accounts 2024
- Establishment units
- 2.279.222.5594280 Hannut, since 13-09-2018
- 2.385.619.6811370 Jodoigne, since 17-02-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Annual accounts 2025
- Turnover
- ≈ €1.0mestimated
- Total assets
- €315,021▲ 9.4%
- Employeeson 31-12-2025
- 5▲ 25.0%
- Filing
- Filed on 27-08-2026
Insights on C'GARDEN
C'GARDEN files the micro format. That format states no turnover. The gross margin rose from €161,921 in 2019 to €208,653 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
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 C'GARDEN
- What is the company number of C'GARDEN?
- The company number of C'GARDEN is 0703.918.706. The VAT number is the same number with BE in front: BE 0703.918.706.
- Where is C'GARDEN based?
- The registered office is at Rue de la Vallée 40, 4280 Hannut.Company details
- What does C'GARDEN do?
- According to the KBO register, the main activity is other retail sale of food (NACE 47279).
- What is the legal form of C'GARDEN?
- C'GARDEN is a private limited company (BV).
- When was C'GARDEN founded?
- C'GARDEN was founded on 12-09-2018.
- Is C'GARDEN still active?
- Yes, C'GARDEN is an active enterprise in the KBO register.
- How many employees does C'GARDEN have?
- C'GARDEN had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does C'GARDEN fall under?
- In its 2024 annual accounts, C'GARDEN states joint committees 119 (Food trade) and 201 (Independent retail).
- What is the turnover of C'GARDEN?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €208,653 and 44 comparable companies (NACE 472). It probably lies between €680,000 and €1.7m. In financial year 2023 turnover was €0.
- Is C'GARDEN profitable?
- In financial year 2025, C'GARDEN made a profit of €27,881.
- Where can I find the annual accounts of C'GARDEN?
- C'GARDEN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of C'GARDEN due?
- C'GARDEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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