Garden Supply
ActiveGarden Supply has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €297k and a net result of €76k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 34% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+3
Solvency54▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.42 in 2024; short-term debt: 66.5% and cash: 24.8% of total assets), and 71.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
7.4%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
57 d early
2023
9 d late
2022
18 d late
2021
18 d early
2020
2 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€297k▲ 34.6%
2024 · €221k
2018: €54k
2019: €56k
2020: €79k
2021: €138k
2022: €180k
2023: €227k
2024: €221k
2018 → 2025
Total assets
€1.04M▲ 21.1%
2024 · €857k
2018: €398k
2019: €356k
2020: €394k
2021: €479k
2022: €633k
2023: €690k
2024: €857k
2018 → 2025
Net result
€76k▲ 89.1%
2024 · €40k
2018: €447
2019: €2k
2020: €23k
2021: €59k
2022: €42k
2023: €47k
2024: €40k
2018 → 2025
Working capital
€333k▲ 33.8%
2024 · €249k
2018: €45k
2019: €39k
2020: €58k
2021: €112k
2022: €155k
2023: €251k
2024: €249k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€138k-€180k▲ 30.3%€227k▲ 26.0%€221k▼ 2.8%€297k▲ 34.6%
Operating result€80k-€56k▼ 29.8%€63k▲ 13.3%€64k▲ 0.5%€115k▲ 80.0%
Net result€59k-€42k▼ 29.6%€47k▲ 11.7%€40k▼ 13.8%€76k▲ 89.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 80% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€14k▼ 35.0%
Current assets
€1.02M▲ 22.6%
Equity and liabilities €1.04M
Equity
€297k▲ 34.6%
Debt
€741k▲ 16.4%
The debt ratio falls from 74.3% to 71.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€122k▲
2024 · €77k
Cash flow
€84k▲
2024 · €54k
Solvency
28.6%▲
2024 · 25.7%
Current ratio
1.48▲
2024 · 1.42
Quick ratio
1.14▲
2024 · 0.93
Debt / equity
2.50▼
2024 · 2.88
ROE
25.7%▲
2024 · 18.3%
ROA
7.4%▲
2024 · 4.7%
Interest coverage
65.90▲
2024 · 18.62
Debt
€741k▲
2024 · €636k
Debt ≤ 1 year
€690k▲
2024 · €586k
Debt > 1 year
€51k=
2024 · €51k
Income taxes
€36k▲
2024 · €19k
Staff costs
€16k▼
2024 · €74k
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€857k€1.04M▲
Fixed assets21/28€22k€14k▼
Tangible fixed assets22/27€22k€14k▼
Land and buildings22€2k€993▼
Plant, machinery and equipment23€20k€13k▼
Furniture and vehicles24€233€112▼
Current assets29/58€834k€1.02M▲
Stocks and contracts in progress3€291k€235k▼
Stocks30/36€291k€235k▼
Amounts receivable within one year40/41€373k€529k▲
Trade receivables40€357k€529k▲
Other amounts receivable41€16k-
Cash at bank and in hand54/58€171k€258k▲
Deferred charges and accrued income490/1€203€2k▲
Equity and liabilities
Total equity and liabilities10/49€857k€1.04M▲
Equity10/15€221k€297k▲
Contributions10/11€19k€19k=
Reserves13€42k€118k▲
Distributable reserves133€42k€118k▲
Profit (loss) carried forward14€160k€160k=
Amounts payable17/49€636k€741k▲
Amounts payable after more than one year17€51k€51k=
Financial debts170/4€51k€51k=
Amounts payable within one year42/48€586k€690k▲
Current portion of amounts payable after more than one year42€10k€7k▼
Trade debts44€528k€583k▲
Suppliers440/4€528k€583k▲
Taxes, remuneration and social security45€6k€31k▲
Taxes450/3€2k€28k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€42k€69k▲
Income statement
Code20242025
Remuneration, social security and pensions62€74k€16k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€8k▼
Other operating charges640/8€151€67▼
Gross operating margin9900€152k€138k▼
Operating profit (loss)9901€64k€115k▲
Financial income75/76B€38-
Recurring financial income75€38-
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€60k€113k▲
Income taxes67/77€19k€36k▲
Profit (loss) for the period9904€40k€76k▲
Profit (loss) for the period to be appropriated9905€40k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€200k€236k▲
Profit (loss) brought forward from the previous period14P€160k€160k=
Transfer to equity691/2€40k€76k▲
To other reserves6921€40k€76k▲
Social balance
Average headcount (FTE)90871.01.7▲
The notes to these accounts (6 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2018net €76k ▲89.1%
Operating result €115k, net result €76k, both a record.
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
31-12
Financial
Equity above €200kEq €227k ▲26%
6 profitable years in a row build equity to €227k.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 18 days late
2022
31-12
Financial
Equity above €150kEq €180k ▲30.3%
5 profitable years in a row build equity to €180k.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €138k ▲75.3%
4 profitable years in a row build equity to €138k.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
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, Tongeren-Borgloon · 1 establishment unit since 2015
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.
Overhaamlaan 483700 Tongeren-BorgloonGround area
3,197 m²
Building footprint
1,076 m²
Volume, LiDAR
4,226 m³
Parcel 73348B0822/00K000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Garden Supply
since 20152.241.362.073
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73348B0822/00K000 | Flanders | 3,197 m² | 1 · 1,075 m² | 6.2 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 siteTongeren-Borgloon2.241.362.073
Dual-learning approval
1 live approvalLogistiek duaal (so)
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Of 857 companies in sector 46832 we hold annual accounts for 588. 422 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2015
Fiscal year end30-06
Activities, NACEBEL
46832Wholesale of timber
47522Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.