Skip to content
Checked.be
Complete company report
Generated 04-09-2026
Active BE 1016.913.554Private limited company

GARDEN TOOLS

Waterstraat 114 ·8930 Menen, Belgium· 1 yrs active
Sector: Repair and maintenance of machinery (33120)
Conclusion Checked

GARDEN TOOLS has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €85k. Its solvency ranks better than 37% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €88k
Net result €85k
Better than sector 37%
Active 1 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health68Profitability100Solvency58Growth-Stability67
73 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 68
Profitability 100
Solvency 58
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
1.2% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
68 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 14-07-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 33, Repair, maintenance and installation of machinery and equipment · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 32.1% 41.7%
better than 37% of 158 sector peers
Net result €85k €20k
better than 93% of 159 sector peers
Equity €88k €42k
better than 73% of 158 sector peers
Gross operating margin €130k €43k
better than 87% of 159 sector peers
Staff costs €241 €8k
higher than 21% of 33 sector peers
Figures by fiscal year and ratios
Fiscal year2025
Depositmicro schema
Revenue-
EBITDA€129k
Net profit€85k
Cash flow€102k
Staff costs€241
Income taxes€24k
Dividends-
Total assets€274k
Equity€88k
Debt€186k
of which ≤ 1y€186k
of which > 1y-
Working capital€63k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.34
Quick ratio0.60
Working capital ratio23.0%
Solvency32.1%
Debt / equity2.12
Long-term debt ratio-
Interest coverage44.83
Gross margin-
Net margin-
ROA31.0%
ROE96.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€274k
Fixed assets 21/28€25k
Tangible fixed assets 22/27€25k
Current assets 29/58€249k
Stocks & contracts in progress 3€138k
Amounts receivable within one year 40/41€41k
Cash & bank 54/58€70k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€274k
Equity 10/15€88k
Contributions / capital 10/11€3k
Reserves 13€85k
Amounts payable 17/49€186k
Amounts payable within one year 42/48€186k
Trade debts payable within one year 44€9k
Income statement
Gross operating margin 9900€130k
Operating result 9901€112k
Financial income 75€4
Financial charges 65€3k
Result before taxes 9903€109k
Income taxes 67/77€24k
Net result for the period 9904€85k
Result to be appropriated 9905€85k
Legal Structure
NACE primary Repair and maintenance of machinery(33120)
Legal form Private limited company(610)
Incorporation03-12-2024
StatusActive
Postal code8930
Establishment units 1 location
Garden Tools
Lauwsestraat(Aal) 234, 8511 KortrijkManufacture of fabricated metal products, except machinery and equipment
since 20242.369.096.920
Real-estate footprint Source: CBE × cadastre
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34024A0030/00M000 Flanders 1,552 m² 1 · 105 m² -
34001A0058/00G002 Flanders 1,183 m² 1 · 387 m² 9.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events
2026 2026: 1 NBB filing
2026
14-07-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Repair and maintenance of machinery33120
Names & trade names
Legal nameNL GARDEN TOOLS
Similar companies Comparable size · 1,306 of 3,727 companies in this sector with filed accounts
Willemyns Klaas BE 0799.487.064 · Ledegem
PMC Tuinmachines BE 0672.804.569 · Hasselt
BEUSECOM GRONDVERZET BE 0811.621.863 · Kinrooi
HEDITEC BE 0835.130.309 · Oudsbergen
MEA BALANCEERTECHNIEKEN BE 0441.541.525 · Evergem
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative