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DK GARDENING

Active
Private limited companyfounded 201016 yrs activeNieuwbaan 175, 1785 Merchtem, BelgiumKBO/BCE: BE 0824.144.464

DK GARDENING has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €-7k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 77% of 5897 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
63 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50=
Solvency93▲+11
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.26 in 2023; short-term debt: 26.7% and cash: 2.2% of total assets), and 31.8% 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 riskneutral
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 →
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 2024
Solvency, return and age of the figures
Solvency
68.2%
Return on assets
-18.7%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
14 d early
2023
20 d early
2022
34 d early
2021
41 d early
2020
15 d early
2019
31 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€25k▼ 21.6%
2023 · €32k
2018: €28k 2019: €31k 2020: €41k 2021: €41k 2022: €42k 2023: €32k
2018 → 2024
Total assets
€36k▼ 34.9%
2023 · €56k
2018: €81k 2019: €93k 2020: €102k 2021: €79k 2022: €68k 2023: €56k
2018 → 2024
Net result
€-7k▲ 37.5%
2023 · €-11k
2018: €-644 2019: €3k 2020: €10k 2021: €365 2022: €1k 2023: €-11k
2018 → 2024
Working capital
€-6k▲ 52.2%
2023 · €-13k
2018: €-3k 2019: €-5k 2020: €-21k 2021: €-20k 2022: €-9k 2023: €-13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€41k-€41k▲ 0.9%€42k▲ 3.0%€32k▼ 25.7%€25k▼ 21.6%
Operating result€14k-€3k▼ 79.7%€4k▲ 32.0%€-10k€-6k▲ 40.8%
Net result€10k-€365▼ 96.4%€1k▲ 236%€-11k€-7k▲ 37.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2020: €14k€14kNet result 2020: €10k€10kOperating result 2021: €3k€3kNet result 2021: €365€365Operating result 2022: €4k€4kNet result 2022: €1k€1kOperating result 2023: €-10k€-10kNet result 2023: €-11k€-11kOperating result 2024: €-6k€-6kNet result 2024: €-7k€-7k20202021202220232024
The operating result stays negative: a loss of €6k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36k
Fixed assets €33k▼ 36.5%
Current assets €4k▼ 16.3%
Equity and liabilities €36k
Equity €25k▼ 21.6%
Provisions €612▼ 33.3%
Debt €11k▼ 53.1%
The debt ratio falls from 41.8% to 30.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€13k
2023 · €10k
Cash flow
€12k
2023 · €9k
Solvency
68.2%
2023 · 56.6%
Current ratio
0.39
2023 · 0.26
Quick ratio
0.39
2023 · 0.26
Debt / equity
0.44
2023 · 0.74
ROE
-27.5%
2023 · -34.5%
ROA
-18.7%
2023 · -19.5%
Interest coverage
11.11
2023 · 7.87
Debt
€11k
2023 · €23k
Debt ≤ 1 year
€10k
2023 · €17k
Debt > 1 year
€1k
2023 · €6k
Income taxes
€217
2023 · €225
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€56k€36k
Fixed assets21/28€51k€33k
Intangible fixed assets21€343€103
Tangible fixed assets22/27€51k€32k
Plant, machinery and equipment23€33k€23k
Furniture and vehicles24€18k€10k
Current assets29/58€4k€4k
Amounts receivable within one year40/41€4k€3k
Trade receivables40€4k€2k
Other amounts receivable41€126€415
Cash at bank and in hand54/58-€805
Deferred charges and accrued income490/1€306€383
Equity and liabilities
Total equity and liabilities10/49€56k€36k
Equity10/15€32k€25k
Contributions10/11€19k€19k=
Reserves13€4k€3k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€1k
Profit (loss) carried forward14€9k€3k
Provisions and deferred taxes16€918€612
Deferred taxes168€918€612
Amounts payable17/49€23k€11k
Amounts payable after more than one year17€6k€1k
Financial debts170/4€6k€1k
Amounts payable within one year42/48€17k€10k
Current portion of amounts payable after more than one year42€8k€5k
Financial debts43€216-
Credit institutions430/8€216-
Trade debts44€2k€2k
Suppliers440/4€2k€2k
Taxes, remuneration and social security45€339€442
Taxes450/3€339€442
Other amounts payable47/48€6k€2k
Accrued charges and deferred income492/3€291€46
Income statement Code20232024
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k
Other operating charges640/8€1k€1k
Gross operating margin9900€11k€14k
Operating profit (loss)9901€-10k€-6k
Financial income75/76B€1€0
Recurring financial income75€1€0
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€-11k€-7k
Transfer from deferred taxes780€306€306=
Income taxes67/77€225€217
Profit (loss) for the period9904€-11k€-7k
Transfer from tax-exempt reserves789€594€594=
Profit (loss) for the period to be appropriated9905€-10k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€9k€3k
Profit (loss) brought forward from the previous period14P€20k€9k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-11k ▼989%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €10k ▲220%
Operating result €14k, net result €10k, both a record.
30-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
19-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Merchtem · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Nieuwbaan 1751785 Merchtem
Ground area
757 m²
Building footprint
124 m²
Volume, LiDAR
744 m³
Parcel 23052B0005/00E002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Teach4All
Nieuwbaan 175, 1785 MerchtemBusiness consulting
since 20102.186.727.616
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23052B0005/00E002 Flanders 757 m² 1 · 124 m² 9.6 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.

Similar companies · same sector, comparable size

Of 21,216 companies in sector 81300 we hold annual accounts for 4,363. 3,270 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-03-2010
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
71113Urban planning and landscape architecture
85510Sports and recreation education
85599Other education
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.