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GARDEN TOOLS

Active
Private limited companyfounded 2024active for 1 yearWaterstraat 114, 8930 Menen, BelgiumKBO/BCE: BE 1016.913.554
Summary

GARDEN TOOLS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87,905 and a net result of €84,905. Its solvency ranks better than 35% of 1,679 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
GARDEN TOOLSActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
Repair and maintenance of machinery
NACE 33120
1 site
Size
€274,208total assets 2025
Equity
€87,905
Profit
€84,905
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts 17 days early
Why 69raises riskFounded in 2024Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)Size: total assets €274,208lowers riskLiquidity: current ratio 1.34, cash €69,831Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 54% of its sector peers (NACE 33, micro)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 57
equity 32.1% of total assets
Liquidity 46
short-term debt 67.9% · cash 25.5%
Profitability 100
return on assets 31.0%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,387 companies, NACE 33, micro)
Last 24 months 01-2026: 1.8% 02-2026: 1.9%▲ +0.1 percentage points vs 01-2026 03-2026: 2.3%▲ +0.4 percentage points vs 02-2026 04-2026: 2.4%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%▲ +0.3 percentage points vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.9%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.7%▼ -2.2 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026lowest value
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity tight (current ratio 1.34, below the usual 1.5; short-term debt: 67.9% and cash: 25.5% of total assets), and 67.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 35% on solvency, 37% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.34, cash €69,831
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
raises risk · Size: total assets €274,208
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 14-07-2026, 17 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
17 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointments: Roy Cossement (director) and…

Key points

  • Positive: Among the best 8% on net resultsector median €15,547 · 1,679 companies €84,905 View
  • Board2 directors in office 2 View
  • Total assets 2025first financial year filed €274,208 View

By topic

Financials

Financial year
2025
Total assets
€274,208
Profit
€84,905
Solvency
32.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Repair and maintenance of machineryNACE 33120
Founded
03-12-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
33
Who signs
Each director alone
Annual meeting
Last Friday of May at 10:00
Purpose
“Verspanend bewerken van metalen; Boren, draaien, frezen, vonkerosief bewerken, schaven…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about GARDEN TOOLS

What is the company number of GARDEN TOOLS?
1016.913.554. In Belgium the VAT number is the company number with BE in front: BE 1016.913.554.
Where is GARDEN TOOLS based?
The registered office is at Waterstraat 114, 8930 Menen.Company details
What does GARDEN TOOLS do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of GARDEN TOOLS?
Private limited company (BV).
When was GARDEN TOOLS founded?
On 03-12-2024.
Is GARDEN TOOLS still active?
Yes, GARDEN TOOLS is an active enterprise in the KBO register.
What is the turnover of GARDEN TOOLS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GARDEN TOOLS profitable?
In financial year 2025, GARDEN TOOLS made a profit of €84,905.
Where can I find the annual accounts of GARDEN TOOLS?
GARDEN TOOLS filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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