GARDENFORUM
ActiveGARDENFORUM has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €904k and a net result of €59k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency94▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.0 against 2.02 in 2024; short-term debt: 12.8% and cash: 4.1% of total assets), and 30.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
69.3%
Return on assets
4.5%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
33 d late
2023
on the day
2022
on the day
2021
6 d early
2020
19 d early
2019
49 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 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€904k▲ 6.8%
2024 · €846k
2019: €615k
2020: €657k
2021: €755k
2022: €804k
2023: €803k
2024: €846k
2019 → 2025
Total assets
€1.30M▼ 3.1%
2024 · €1.35M
2019: €1.38M
2020: €1.55M
2021: €1.61M
2022: €1.48M
2023: €1.42M
2024: €1.35M
2019 → 2025
Net result
€59k▲ 33.1%
2024 · €44k
2019: €16k
2020: €52k
2021: €98k
2022: €48k
2023: €23k
2024: €44k
2019 → 2025
Working capital
€333k▲ 19.4%
2024 · €279k
2019: €566k
2020: €569k
2021: €422k
2022: €441k
2023: €385k
2024: €279k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€755k-€804k▲ 6.5%€803k▼ 0.1%€846k▲ 5.4%€904k▲ 6.8%
Operating result€130k-€84k▼ 35.8%€52k▼ 38.4%€73k▲ 41.7%€100k▲ 36.8%
Net result€98k-€48k▼ 50.9%€23k▼ 52.2%€44k▲ 91.9%€59k▲ 33.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€804k▲ 1.5%
Current assets
€500k▼ 9.6%
Equity and liabilities €1.30M
Equity
€904k▲ 6.8%
Provisions
€3k▼ 14.3%
Debt
€398k▼ 19.8%
The debt ratio falls from 36.9% to 30.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€173k▲
2024 · €137k
Cash flow
€132k▲
2024 · €108k
Solvency
69.3%▲
2024 · 62.9%
Current ratio
3.00▲
2024 · 2.02
Quick ratio
0.51▼
2024 · 0.86
Debt / equity
0.44▼
2024 · 0.59
ROE
6.5%▲
2024 · 5.2%
ROA
4.5%▲
2024 · 3.3%
Interest coverage
7.78▲
2024 · 6.10
Debt
€398k▼
2024 · €496k
Debt ≤ 1 year
€167k▼
2024 · €274k
Debt > 1 year
€231k▲
2024 · €222k
Income taxes
€22k▲
2024 · €11k
Staff costs
€171k▲
2024 · €151k
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€1.35M€1.30M▼
Fixed assets21/28€792k€804k▲
Tangible fixed assets22/27€792k€804k▲
Land and buildings22€602k€593k▼
Plant, machinery and equipment23€121k€93k▼
Furniture and vehicles24€69k€118k▲
Financial fixed assets28€499€499=
Current assets29/58€553k€500k▼
Stocks and contracts in progress3€316k€414k▲
Stocks30/36€316k€414k▲
Amounts receivable within one year40/41€35k€29k▼
Trade receivables40€35k€29k▼
Cash at bank and in hand54/58€187k€53k▼
Deferred charges and accrued income490/1€15k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.30M▼
Equity10/15€846k€904k▲
Contributions10/11€198k€198k=
Capital10€198k€198k=
Issued capital100€198k€198k=
Reserves13€648k€706k▲
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€28k€27k▼
Distributable reserves133€600k€659k▲
Provisions and deferred taxes16€3k€3k▼
Deferred taxes168€3k€3k▼
Amounts payable17/49€496k€398k▼
Amounts payable after more than one year17€222k€231k▲
Financial debts170/4€222k€231k▲
Amounts payable within one year42/48€274k€167k▼
Current portion of amounts payable after more than one year42€80k€76k▼
Trade debts44€40k€46k▲
Suppliers440/4€40k€46k▲
Taxes, remuneration and social security45€44k€34k▼
Taxes450/3€21k€21k▲
Remuneration and social security454/9€22k€13k▼
Other amounts payable47/48€110k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€151k€171k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€73k▲
Other operating charges640/8€11k€10k▼
Gross operating margin9900€299k€354k▲
Operating profit (loss)9901€73k€100k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€22k€22k▼
Recurring financial charges65€22k€22k▼
Profit (loss) for the period before taxes9903€54k€79k▲
Transfer from deferred taxes780€1k€2k▲
Income taxes67/77€11k€22k▲
Profit (loss) for the period9904€44k€59k▲
Transfer from tax-exempt reserves789€426-
Profit (loss) for the period to be appropriated9905€45k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€59k▲
Transfer to equity691/2€45k€59k▲
To other reserves6921€45k€59k▲
Social balance
Average headcount (FTE)90873.93.9=
The notes to these accounts (10 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
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 33 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €98k ▲87.1%
Operating result €130k, net result €98k, both a record.
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 1992
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.
Kruissteenweg 4463700 Tongeren-BorgloonGround area
5,574 m²
Building footprint
2,179 m²
Volume, LiDAR
11,210 m³
Parcel 73063B0269/00C000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kruissteenweg 456, 3700 Tongeren-Borgloon
since 19922.059.933.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73063B0269/00C000 | Flanders | 5,574 m² | 2 · 2,179 m² | 9.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 2,828 EUR awarded · 2,828 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,625 EUR | 2,625 EUR |
| 2024 | 1 | 41 EUR | 41 EUR |
| 2023 | 1 | 81 EUR | 81 EUR |
| 2022 | 1 | 81 EUR | 81 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTongeren-Borgloon2.059.933.471
Similar companies · same sector, comparable size
TUINCENTRUM SECO
BE 0508.685.123
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AGRO HAMONT
BE 0686.755.347
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GARDEN CENTER TOURNAI
BE 0468.209.892
Tournai · Eq €894k
MAISON DU JARDIN
BE 0844.449.039
Dilbeek · Eq €915k
OBIN
BE 0837.735.451
Wervik · Eq €916k
Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-08-1992
Fiscal year end30-06
Activities, NACEBEL
01122
01191Growing of flowers
47761Retail sale of flowers, plants, seeds and fertilisers
52483
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.