DE WATERTUIN
ActiveDE WATERTUIN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €-12k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 3102 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-33
Solvency37▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.49 in 2024; short-term debt: 83.3% and cash: 7.2% of total assets), and 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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 2025Solvency, return and age of the figures
Solvency
12.1%
Return on assets
-2.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d early
2023
26 d early
2022
62 d early
2021
39 d early
2020
52 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▼ 16.7%
2024 · €69k
2018: €17k
2019: €17k
2020: €19k
2021: €40k
2022: €55k
2023: €62k
2024: €69k
2018 → 2025
Total assets
€480k▲ 2.3%
2024 · €469k
2018: €370k
2019: €360k
2020: €375k
2021: €404k
2022: €449k
2023: €446k
2024: €469k
2018 → 2025
Net result
€-12k
2024 · €8k
2018: €16k
2019: €416
2020: €2k
2021: €21k
2022: €15k
2023: €7k
2024: €8k
2018 → 2025
Working capital
€-200k▼ 6.5%
2024 · €-188k
2018: €-150k
2019: €-177k
2020: €-199k
2021: €-188k
2022: €-192k
2023: €-193k
2024: €-188k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€55k▲ 38.6%€62k▲ 12.1%€69k▲ 12.8%€58k▼ 16.7%
Operating result€25k-€20k▼ 18.0%€11k▼ 45.7%€11k▲ 1.3%€-10k
Net result€21k-€15k▼ 27.0%€7k▼ 56.6%€8k▲ 18.7%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €480k
Fixed assets
€280k▼ 2.1%
Current assets
€200k▲ 9.2%
Equity and liabilities €480k
Equity
€58k▼ 16.7%
Debt
€422k▲ 5.6%
The debt ratio rises from 85.2% to 87.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €26k
Cash flow
€3k▼
2024 · €23k
Solvency
12.1%▼
2024 · 14.8%
Current ratio
0.50▲
2024 · 0.49
Quick ratio
0.13▲
2024 · 0.10
Debt / equity
7.29▲
2024 · 5.75
ROE
-20.0%▼
2024 · 11.4%
ROA
-2.4%▼
2024 · 1.7%
Interest coverage
2.62▼
2024 · 10.31
Debt
€422k▲
2024 · €399k
Debt ≤ 1 year
€400k▲
2024 · €371k
Debt > 1 year
€22k▼
2024 · €29k
Income taxes
€0▼
2024 · €788
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€469k€480k▲
Fixed assets21/28€286k€280k▼
Tangible fixed assets22/27€286k€280k▼
Land and buildings22€259k€253k▼
Plant, machinery and equipment23€479€5k▲
Furniture and vehicles24€26k€21k▼
Financial fixed assets28€0€0=
Current assets29/58€183k€200k▲
Stocks and contracts in progress3€144k€147k▲
Stocks30/36€144k€147k▲
Amounts receivable within one year40/41€7k€15k▲
Trade receivables40€7k€15k▲
Other amounts receivable41€15€500▲
Current investments50/53-€0
Cash at bank and in hand54/58€29k€34k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€469k€480k▲
Equity10/15€69k€58k▼
Contributions10/11€19k€19k=
Revaluation surpluses12€13k€13k=
Reserves13€38k€32k▼
Distributable reserves133€38k€32k▼
Profit (loss) carried forward14-€-5k
Amounts payable17/49€399k€422k▲
Amounts payable after more than one year17€29k€22k▼
Financial debts170/4€29k€22k▼
Amounts payable within one year42/48€371k€400k▲
Current portion of amounts payable after more than one year42€11k€7k▼
Trade debts44€862€1k▲
Suppliers440/4€862€1k▲
Advances received on contracts in progress46€7k€3k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€348k€385k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€28k€8k▼
Operating profit (loss)9901€11k€-10k▼
Financial income75/76B€53€77▲
Recurring financial income75€53€77▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€9k€-12k▼
Income taxes67/77€788€0▼
Profit (loss) for the period9904€8k€-12k▼
Profit (loss) for the period to be appropriated9905€8k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-5k▼
Profit (loss) brought forward from the previous period14P€0€7k▲
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-12k ▼247%
Net result drops to €-12k, the lowest in the series.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €21k ▲1120%
Operating result €25k, net result €21k, both a record.
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostkamp · 1 establishment unit since 1993
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.
Wilgenbroekstraat 588020 OostkampGround area
2.0 ha
Building footprint
186 m²
Volume, LiDAR
1,057 m³
Parcel 31402H0088/00A000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE WATERTUIN
since 19932.063.700.635
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31402H0088/00A000 | Flanders | 2.0 ha | 1 · 186 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Food safety, FASFC
1 siteOostkamp2.063.700.635
Similar companies · same sector, comparable size
Le jardin des paysagistes
BE 0795.680.904
Court-Saint-Etienne · Eq €66k
PROTEIN FARM
BE 0667.974.761
Kinrooi · Eq €44k
Les Pépinières d'Enghien
BE 1001.668.916
Enghien · Eq €83k
EnGreDi
BE 0749.427.245
Putte · Eq €91k
PLANTENKWEKERIJ BAUWENS
BE 0748.624.818
Wichelen · Eq €97k
Of 207 companies in sector 01309 we hold annual accounts for 82. 42 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-1993
Fiscal year end30-09
Activities, NACEBEL
01309Crop and animal production, hunting and related service activities
01410Raising of dairy cattle
03220Fishing and aquaculture
23322Manufacture of other non-metallic mineral products
23660Manufacture of other non-metallic mineral products
23690Manufacture of other non-metallic mineral products
47784Retail sale of souvenirs and religious articles
47786Retail trade
81300Landscape service activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.