Flor @ Tuinen
ActiveThe computed 12-month bankruptcy probability of Flor @ Tuinen is 2.1% (moderate). The 2024 annual accounts show equity of €229k and a net result of €32k. Equity is growing by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 5895 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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
Profitability78▼-7
Solvency76▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.73 against 1.18 in 2023; short-term debt: 24.4% and cash: 6.7% of total assets), and 49.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 25-06-2025, 36 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
40 d early
2022
42 d early
2021
31 d early
2020
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€229k▲ 16.4%
2023 · €197k
2020: €39k
2021: €84k
2022: €141k
2023: €197k
2020 → 2024
Total assets
€451k▲ 8.2%
2023 · €417k
2020: €141k
2021: €284k
2022: €332k
2023: €417k
2020 → 2024
Net result
€32k▼ 42.0%
2023 · €56k
2020: €35k
2021: €45k
2022: €58k
2023: €56k
2020 → 2024
Working capital
€-30k
2023 · €16k
2020: €-22k
2021: €-22k
2022: €-4k
2023: €16k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€39k-€84k▲ 116%€141k▲ 69.0%€197k▲ 39.4%€229k▲ 16.4%
Operating result€56k-€61k▲ 8.6%€83k▲ 37.1%€83k▼ 0.4%€51k▼ 38.5%
Net result€35k-€45k▲ 29.2%€58k▲ 28.6%€56k▼ 3.6%€32k▼ 42.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 39% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €451k
Fixed assets
€371k▲ 20.5%
Current assets
€80k▼ 26.6%
Equity and liabilities €451k
Equity
€229k▲ 16.4%
Debt
€222k▲ 0.8%
The debt ratio falls from 52.8% to 49.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€121k▼
2023 · €141k
Cash flow
€102k▼
2023 · €114k
Solvency
50.8%▲
2023 · 47.2%
Current ratio
0.73▼
2023 · 1.18
Quick ratio
0.73▼
2023 · 1.18
Debt / equity
0.97▼
2023 · 1.12
ROE
14.1%▼
2023 · 28.2%
ROA
7.1%▼
2023 · 13.3%
Interest coverage
15.68▼
2023 · 33.15
Debt
€222k▲
2023 · €220k
Debt ≤ 1 year
€110k▲
2023 · €92k
Debt > 1 year
€112k▼
2023 · €128k
Income taxes
€11k▼
2023 · €23k
Staff costs
€9k▼
2023 · €10k
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€417k€451k▲
Fixed assets21/28€308k€371k▲
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€308k€371k▲
Land and buildings22€86k€83k▼
Plant, machinery and equipment23€36k€38k▲
Furniture and vehicles24€73k€166k▲
Leasing and similar rights25€113k€84k▼
Current assets29/58€109k€80k▼
Amounts receivable within one year40/41€33k€50k▲
Trade receivables40€24k€14k▼
Other amounts receivable41€9k€36k▲
Cash at bank and in hand54/58€75k€30k▼
Deferred charges and accrued income490/1€824-
Equity and liabilities
Total equity and liabilities10/49€417k€451k▲
Equity10/15€197k€229k▲
Contributions10/11€4k€4k=
Reserves13€193k€225k▲
Distributable reserves133€193k€225k▲
Amounts payable17/49€220k€222k▲
Amounts payable after more than one year17€128k€112k▼
Financial debts170/4€128k€112k▼
Amounts payable within one year42/48€92k€110k▲
Current portion of amounts payable after more than one year42€43k€46k▲
Trade debts44€17k€34k▲
Suppliers440/4€17k€34k▲
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€788-
Other amounts payable47/48€27k€27k▲
Income statement
Code20232024
Non-recurring operating income76A€747€7k▲
Remuneration, social security and pensions62€10k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€70k▲
Other operating charges640/8€473€998▲
Non-recurring operating charges66A€1k€11k▲
Gross operating margin9900€153k€142k▼
Operating profit (loss)9901€83k€51k▼
Financial income75/76B€194€0▼
Recurring financial income75€194€0▼
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€79k€43k▼
Income taxes67/77€23k€11k▼
Profit (loss) for the period9904€56k€32k▼
Profit (loss) for the period to be appropriated9905€56k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€32k▼
Transfer to equity691/2€56k€32k▼
To other reserves6921€56k€32k▼
Social balance
Average headcount (FTE)90870.2-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €32k ▼42%
Net result drops to €32k, the lowest in the series.
31-12
Financial
Equity above €200kEq €229k ▲16.4%
5 profitable years in a row build equity to €229k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €197k ▲39.4%
4 profitable years in a row build equity to €197k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €58k ▲28.6%
Operating result €83k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €141k ▲69%
3 profitable years in a row build equity to €141k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ninove · 1 establishment unit since 2019
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.
Nijken(Den) 589400 NinoveGround area
470 m²
Parcel 41012A0820/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
Flor @ Tuinen
since 20192.292.745.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012A0820/00L000 | Flanders | 470 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 273 EUR awarded · 273 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 273 EUR | 273 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 3,300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2019
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
01290Crop and animal production, hunting and related service activities
02100Forestry and logging
33120Repair and maintenance of machinery
47553Retail trade
47593Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.