GARDENOVA
ActiveGARDENOVA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €50k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 4477 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-2
Solvency81▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 3.96 in 2024; short-term debt: 37% and cash: 84% of total assets), and 44.4% 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
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
55.6%
Return on assets
15.5%
Age of the figures
9 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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
28 d early
2023
19 d late
2022
10 d late
2021
31 d late
2020
16 d late
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€177k▼ 5.6%
2024 · €188k
2018: €71k
2019: €69k
2020: €135k
2021: €109k
2022: €139k
2023: €141k
2024: €188k
2018 → 2025
Total assets
€319k▲ 14.9%
2024 · €277k
2018: €219k
2019: €208k
2020: €192k
2021: €213k
2022: €214k
2023: €214k
2024: €277k
2018 → 2025
Net result
€50k▲ 6.5%
2024 · €47k
2018: €-8k
2019: €18k
2020: €66k
2021: €-26k
2022: €30k
2023: €2k
2024: €47k
2018 → 2025
Working capital
€182k▲ 23.0%
2024 · €148k
2018: €27k
2019: €18k
2020: €96k
2021: €43k
2022: €111k
2023: €113k
2024: €148k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€139k▲ 27.9%€141k▲ 1.7%€188k▲ 33.0%€177k▼ 5.6%
Operating result€-25k-€54k€5k▼ 90.5%€67k▲ 1,185%€72k▲ 8.0%
Net result€-26k-€30k€2k▼ 92.1%€47k▲ 1,845%€50k▲ 6.5%
Turnover and EBIT margin not published: the micro 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 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €319k
Fixed assets
€19k▼ 76.2%
Current assets
€300k▲ 51.6%
Equity and liabilities €319k
Equity
€177k▼ 5.6%
Debt
€142k▲ 57.8%
The debt ratio rises from 32.3% to 44.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€84k▼
2024 · €88k
Cash flow
€61k▼
2024 · €68k
Solvency
55.6%▼
2024 · 67.7%
Current ratio
2.54▼
2024 · 3.96
Quick ratio
2.50▼
2024 · 3.86
Debt / equity
0.80▲
2024 · 0.48
ROE
28.0%▲
2024 · 24.8%
ROA
15.5%▼
2024 · 16.8%
Interest coverage
34.84▼
2024 · 37.20
Debt
€142k▲
2024 · €90k
Debt ≤ 1 year
€118k▲
2024 · €50k
Debt > 1 year
€23k▼
2024 · €40k
Income taxes
€20k▲
2024 · €19k
Staff costs
€30k▼
2024 · €93k
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€277k€319k▲
Fixed assets21/28€80k€19k▼
Tangible fixed assets22/27€79k€18k▼
Plant, machinery and equipment23€2k€7k▲
Furniture and vehicles24€78k€11k▼
Financial fixed assets28€487€487=
Current assets29/58€198k€300k▲
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€44k€18k▼
Trade receivables40€33k€18k▼
Other amounts receivable41€11k€328▼
Cash at bank and in hand54/58€134k€268k▲
Deferred charges and accrued income490/1€15k€10k▼
Equity and liabilities
Total equity and liabilities10/49€277k€319k▲
Equity10/15€188k€177k▼
Contributions10/11€12k€12k=
Reserves13€81k€131k▲
Distributable reserves133€81k€131k▲
Profit (loss) carried forward14€94k€34k▼
Amounts payable17/49€90k€142k▲
Amounts payable after more than one year17€40k€23k▼
Financial debts170/4€40k€23k▼
Amounts payable within one year42/48€50k€118k▲
Current portion of amounts payable after more than one year42€28k€17k▼
Financial debts43€880€1k▲
Credit institutions430/8€0€298▲
Other loans439€880€899▲
Trade debts44€14k€17k▲
Suppliers440/4€14k€17k▲
Taxes, remuneration and social security45€7k€41k▲
Taxes450/3€5k€41k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€39€42k▲
Income statement
Code20242025
Non-recurring operating income76A-€8k
Remuneration, social security and pensions62€93k€30k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€12k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€183k€117k▼
Operating profit (loss)9901€67k€72k▲
Financial income75/76B€1k€323▼
Recurring financial income75€1k€323▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€65k€70k▲
Income taxes67/77€19k€20k▲
Profit (loss) for the period9904€47k€50k▲
Profit (loss) for the period to be appropriated9905€47k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€141k€144k▲
Profit (loss) brought forward from the previous period14P€94k€94k=
Transfer to equity691/2€47k€50k▲
To other reserves6921€47k€50k▲
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k
The notes to these accounts (13 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €188k ▲33%
3 profitable years in a row build equity to €188k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.17
Current ratio from 1.45 to 3.17; short-term debt falls from €96k to €51k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-26k ▼140%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Highest result since 2018net €66k ▲272%
Operating result €73k, net result €66k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.92
Current ratio from 1.21 to 3.92; short-term debt falls from €90k to €33k.
31-12
Financial
Equity above €100kEq €135k ▲95.4%
2 profitable years in a row build equity to €135k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
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, Brasschaat · 1 establishment unit since 2008
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.
Hoge Kaart 52930 BrasschaatGround area
3,200 m²
Building footprint
142 m²
Volume, LiDAR
897 m³
Parcel 11323F0102/00W000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gardenova
since 20082.171.439.030
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0102/00W000 | Flanders | 3,200 m² | 1 · 142 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 275 EUR awarded · 275 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 275 EUR | 275 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 3,466 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-2008
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.