Equity
€69,314 from €183,340 in 2015
Equity fell by 62% in 9 years.
DE GROENE DREEF
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2002peak €241,911 (2020)
€88,667▼ 27.4%
lowest -€30,682 (2016)
€9,147▼ 14.5%
peak €183,340 (2015)
€69,314▲ 6.4%
€161,554▲ 23.5%
peak 5.9 FTE (2016)
-not published
Board4 names since 2001
1 directorTuinarchitectuur VV
Owners
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Gross margin from €122,097 to €88,667Dividend €5,000Debts from €130,828 to €161,554Cash from €22,060 to €29,953
Key points
from the 2024 annual accountsChecked score
55
Fair
Financially stronger than 37% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,710 companies (NACE 81, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.2 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025
09-2025: 0.5%▼ -0.3 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.4%▼ -0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%▼ -0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026
09-2026: 1.0%▲ +0.2 percentage points vs 08-2026
10-2026: 1.5%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 31-08-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Services to buildings and landscape activities (NACE 81)
lowers risk
Founded in 2001
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 37% of them on solvency, 20% on liquidity, 45% on profitability and 47% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
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, 17,041 companies had the same profile as DE GROENE DREEF has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DE GROENE DREEF itself is higher: 1.5% within 12 months. It rests on far more data about DE GROENE DREEF than the profile alone.
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 17,041 companies, not a prediction for DE GROENE DREEF. 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 €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.91 (1.03 in 2023), below 1. Short-term debt is 70% and cash 13% of total assets. 70% 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
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
31 days late
2023
20 days early
2022
54 days early
2021
69 days early
2020
26 days early
2019
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 24 days before 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 (1)
Board and ownership
- Tuinarchitectuur VV 100%score 82equity €158,364 (2025) · 30-09-2025 annual accounts of Tuinarchitectuur VV
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475813704
Resignation: Kathleen Aelvoet (successor statutory director)
General meeting of 08-09-2023 · Gazette deed
1 director appointed, 2 resignations
Resignations: Stanislas VAN HOOLAND (sole director) and Kathleen AELVOET (successor statutory director) · Appointment: Tuinarchitectuur VW · Permanent representative: Victor VLERICK · General meeting of 31-08-2022 · Gazette deed
1 director appointed, 1 resignation, 1 reappointment
Resignation: VAN HOOLAND Stanislas (statutory director) · Reappointment: VAN HOOLAND Stanislas (director) · Appointment: AELVOET Kathleen (successor statutory director) · General meeting of 25-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DE GROENE DREEF Kruisem | €230,868 | €88,667 | 30.0% | - |
| VANHULLE C.E. Beernem | €241,824 | €90,226 | 74.6% | - |
| ARTUIN Lille | €228,388 | €101,488 | 69.8% | - |
| Tuinen Jorissen C. Bilzen-Hoeselt | €259,427 | €86,573 | 40.3% | - |
| TUINAANLEG PATRICK COOL Oostkamp | €258,394 | €98,395 | 85.6% | - |
| VANTRIMPONT JARDINS Braine-le-Comte | €207,919 | €75,258 | 63.6% | - |
| BEEL Bruges | €206,871 | €86,237 | 20.3% | - |
These companies have the same main activity as DE GROENE DREEF: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €207,000 and €259,000, founded between 2000 and 2004.
Official details
Source: KBO- Status
- Active since 09-10-2001Normal situation
- Activity
- Landscape service activitiesNACE 81300and 2 others
- Joint committee
- 145Horticulture · annual accounts 2024
- Establishment unit
- 2.095.789.8199750 Kruisem, since 15-02-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2024
- ≈ €280,000estimated
- €230,868▲ 17.8%
- Employeeson 31-12-2024
- 2
- Filing
- Filed on 31-08-2025
Insights on DE GROENE DREEF
DE GROENE DREEF files the micro format. That format states no turnover. The gross margin fell from €132,244 in 2006 to €88,667 in 2024.
Tuinarchitectuur VV holds all the shares.
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 DE GROENE DREEF
- What is the company number of DE GROENE DREEF?
- The company number of DE GROENE DREEF is 0475.813.704. The VAT number is the same number with BE in front: BE 0475.813.704.
- Where is DE GROENE DREEF based?
- The registered office is at Galgenstraat 2, 9750 Kruisem.Company details
- What does DE GROENE DREEF do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of DE GROENE DREEF?
- DE GROENE DREEF is a private limited company (BV).
- When was DE GROENE DREEF founded?
- DE GROENE DREEF was founded on 09-10-2001.
- Is DE GROENE DREEF still active?
- Yes, DE GROENE DREEF is an active enterprise in the KBO register.
- How many employees does DE GROENE DREEF have?
- DE GROENE DREEF had an average of 1.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does DE GROENE DREEF fall under?
- In its 2024 annual accounts, DE GROENE DREEF states joint committee 145 (Horticulture).
- What is the turnover of DE GROENE DREEF?
- The turnover in financial year 2024 is ≈ €280,000. This figure is estimated from the gross margin of €88,667 and 58 comparable companies (NACE 81). It probably lies between €170,000 and €390,000.
- Is DE GROENE DREEF profitable?
- In financial year 2024, DE GROENE DREEF made a profit of €9,147.
- Where can I find the annual accounts of DE GROENE DREEF?
- DE GROENE DREEF filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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