GARDEN STYLING
ActiveSummary
GARDEN STYLING has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27,822 and a net result of €27,763. Equity is growing by ~16.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability96▲+1
Solvency47▲+22
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.55 in 2023; short-term debt: 67.3% and cash: 43.6% of total assets), and 78% of the assets are financed with debt.
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Signals
Four 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
22%
Return on assets
22%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
45 d early
2024
41 d early
2023
40 d early
2022
38 d early
2021
30 d early
2020
3 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€27,822▲ 46,881%
2023 · €59
Total assets
€126,192▼ 2.3%
2023 · €129,126
Net result
€27,763▲ 1.7%
2023 · €27,289
Working capital
-€1,484▲ 96.9%
2023 · -€47,773
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€10,321▲ 2,547%€5,802▼ 43.8%-€39,924€28,634€37,538▲ 31.1%
Net result€9,307within the sector's middle half▲ 5,016%€4,598within the sector's middle half▼ 50.6%-€41,116below the sector's middle half€27,289within the sector's middle half€27,763within the sector's middle half▲ 1.7%
Equity€15,689below the sector's middle half▲ 146%€20,287below the sector's middle half▲ 29.3%-€27,229below the sector's middle half€59below the sector's middle half€27,822within the sector's middle half▲ 46,881%
Total assets€203,911within the sector's middle half▲ 57.5%€179,974within the sector's middle half▼ 11.7%€115,029within the sector's middle half▼ 36.1%€129,126within the sector's middle half▲ 12.3%€126,192within the sector's middle half▼ 2.3%
Debt€188,222▲ 53.0%€159,687▼ 15.2%€142,258▼ 10.9%€129,067▼ 9.3%€98,370▼ 23.8%
Working capital-€88,124below the sector's middle half▼ 598%-€68,367below the sector's middle half▲ 22.4%-€95,777below the sector's middle half▼ 40.1%-€47,773below the sector's middle half▲ 50.1%-€1,484below the sector's middle half▲ 96.9%
Solvency7.7%below the sector's middle half▲ 2.8pp11.3%below the sector's middle half▲ 3.6pp-23.7%below the sector's middle half▼ 34.9pp0.0%below the sector's middle half▲ 23.7pp22.0%below the sector's middle half▲ 22.0pp
Current ratio0.41below the sector's middle half▼ 0.420.47below the sector's middle half▲ 0.060.21below the sector's middle half▼ 0.260.55below the sector's middle half▲ 0.340.98below the sector's middle half▲ 0.43
Return on assets (ROA)4.6%within the sector's middle half▲ 4.4pp2.6%within the sector's middle half▼ 2.0pp-35.7%below the sector's middle half▼ 38.3pp21.1%within the sector's middle half▲ 56.9pp22.0%within the sector's middle half▲ 0.9pp
Staff (FTE)1.8within the sector's middle half▼ 25.0%1.2▼ 33.3%0.9▼ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €126,192
Fixed assets
€42,727 ▼ 39.2%
Current assets
€83,465 ▲ 41.9%
Equity and liabilities €126,192
Equity
€27,822 ▲ 46,881%
Debt
€98,370 ▼ 23.8%
Debt's share of the balance-sheet total falls from 100.0% to 78.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68,441▲
2023 · €64,846
Cash flow
€58,666▼
2023 · €63,501
Debt to equity
3.54
ROE
99.8%
Interest coverage
49.93▲
2023 · 43.40
Debt ≤ 1 year
€84,950▼
2023 · €106,594
Debt > 1 year
€13,420▼
2023 · €22,473
Income taxes
€8,404
Staff costs
€4,954▲
2023 · €4,365
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €41,496 | €37,571 | €4,365 | €4,954 | ▲ 13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,577 | €32,947 | €34,622 | €36,213 | €30,903 | ▼ 14.7% |
| Other operating charges640/8 | - | €671 | €838 | €1,134 | €2,215 | ▲ 95.4% |
| Gross operating margin9900 | €67,793 | €80,915 | €33,107 | €70,345 | €75,610 | ▲ 7.5% |
| Operating profit (loss)9901 | €10,321 | €5,802 | -€39,924 | €28,634 | €37,538 | ▲ 31.1% |
| Financial income75/76B | - | €3 | €0 | €149 | - | - |
| Recurring financial income75 | €0 | €3 | €0 | €149 | - | - |
| Financial charges65/66B | - | €1,207 | €1,192 | €1,494 | €1,371 | ▼ 8.3% |
| Recurring financial charges65 | €1,015 | €1,207 | €1,192 | €1,494 | €1,371 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | €9,307 | €4,598 | -€41,116 | €27,289 | €36,167 | ▲ 32.5% |
| Income taxes67/77 | - | - | - | - | €8,404 | - |
| Profit (loss) for the period9904 | €9,307 | €4,598 | -€41,116 | €27,289 | €27,763 | ▲ 1.7% |
| Profit (loss) for the period to be appropriated9905 | €9,307 | €4,598 | -€41,116 | €27,289 | €27,763 | ▲ 1.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €203,911 | €179,974 | €115,029 | €129,126 | €126,192 | ▼ 2.3% |
| Fixed assets21/28 | €142,652 | €118,507 | €89,306 | €70,305 | €42,727 | ▼ 39.2% |
| Tangible fixed assets22/27 | €142,652 | €118,507 | €89,306 | €70,305 | €42,727 | ▼ 39.2% |
| Plant, machinery and equipment23 | - | €98,836 | €72,634 | €60,289 | €32,898 | ▼ 45.4% |
| Furniture and vehicles24 | - | €11,585 | €9,616 | €3,990 | €4,835 | ▲ 21.2% |
| Other tangible fixed assets26 | - | €8,086 | €7,056 | €6,025 | €4,994 | ▼ 17.1% |
| Current assets29/58 | €61,258 | €61,467 | €25,724 | €58,821 | €83,465 | ▲ 41.9% |
| Amounts receivable within one year40/41 | €24,052 | €32,990 | €10,070 | €21,855 | €26,345 | ▲ 20.5% |
| Trade receivables40 | - | €31,800 | €9,978 | €16,175 | €23,048 | ▲ 42.5% |
| Other amounts receivable41 | - | €1,189 | €92 | €5,680 | €3,297 | ▼ 42.0% |
| Cash at bank and in hand54/58 | €35,872 | €27,471 | €13,476 | €35,119 | €55,052 | ▲ 56.8% |
| Deferred charges and accrued income490/1 | - | €1,007 | €2,177 | €1,848 | €2,068 | ▲ 11.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €203,911 | €179,974 | €115,029 | €129,126 | €126,192 | ▼ 2.3% |
| Equity10/15 | €15,689 | €20,287 | -€27,229 | €59 | €27,822 | ▲ 46,881% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Reserves13 | €9,489 | €14,087 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €12,227 | - | - | - | - |
| Profit (loss) carried forward14 | - | - | -€35,289 | -€8,001 | €19,762 | ▲ 347% |
| Amounts payable17/49 | €188,222 | €159,687 | €142,258 | €129,067 | €98,370 | ▼ 23.8% |
| Amounts payable after more than one year17 | €38,839 | €29,853 | €20,758 | €22,473 | €13,420 | ▼ 40.3% |
| Financial debts170/4 | - | €29,853 | €20,758 | €22,473 | €13,420 | ▼ 40.3% |
| Amounts payable within one year42/48 | €149,383 | €129,834 | €121,501 | €106,594 | €84,950 | ▼ 20.3% |
| Current portion of amounts payable after more than one year42 | - | €8,986 | €9,095 | €11,696 | €9,052 | ▼ 22.6% |
| Trade debts44 | €34,118 | €21,003 | €15,907 | €2,695 | €12,871 | ▲ 378% |
| Suppliers440/4 | - | €21,003 | €15,907 | €2,695 | €12,871 | ▲ 378% |
| Taxes, remuneration and social security45 | - | €4,887 | - | - | €1,204 | - |
| Taxes450/3 | - | €874 | - | - | - | - |
| Remuneration and social security454/9 | - | €4,012 | - | - | €1,204 | - |
| Other amounts payable47/48 | - | €94,958 | €96,499 | €92,203 | €61,822 | ▼ 32.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,307 | €4,598 | -€41,116 | €27,289 | €27,763 | ▲ 1.7% |
| + Depreciation and write-downs630 | €11,577 | €32,947 | €34,622 | €36,213 | €30,903 | ▼ 14.7% |
| Operating cash flow (approximation) | €20,884 | €37,545 | -€6,494 | €63,501 | €58,666 | ▼ 7.6% |
| Investment in fixed assets (approximation) | - | -€8,802 | -€5,420 | -€17,212 | -€3,325 | ▲ 80.7% |
| Change in cash | - | -€8,401 | -€13,995 | €21,643 | €19,933 | ▼ 7.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €27,763 ▲1.7%
Operating result €37,538, net result €27,763, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €27,289
Net result €27,289 after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€41,116
Net result drops to -€41,116, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Willebroek · 1 establishment unit since 2018
Ground area
1,691 m²
Building footprint
258 m²
Volume, LiDAR
578 m³
Parcel 12013A0138/00G000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Grote Bergen 1A, 2830 Willebroek
since 20182.283.698.120
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12013A0138/00G000 | Flanders | 1,691 m² | 1 · 258 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
Dual-learning approval
7 endedGroenaanleg en –beheer duaal (so)
Medewerker groen- en tuinaanleg (so)
Medewerker groen- en tuinaanleg (vwo)
Medewerker groen- en tuinaanleg duaal (so)
Medewerker groen- en tuinbeheer (so)
Medewerker groen- en tuinbeheer (vwo)
Medewerker groen- en tuinbeheer duaal (so)
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Of 2,262 companies in sector 71113 we hold annual accounts for 659. 530 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71113Urban planning and landscape architecture
43990Other specialised construction activities
49410Freight transport by road
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0714964729
Registered
23-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.