HDR Garden
ActiveHDR Garden has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237k and a net result of €52k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 48% of 1200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+13
Solvency65▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.16 against 1.88 in 2024; short-term debt: 27.9% and cash: 16.5% of total assets), but 59.8% 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
40.2%
Return on assets
8.9%
Age of the figures
15 mo
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 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
2 d early
2022
5 d early
2021
3 d early
2020
3 d early
2019
17 d early
← 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
€237k▲ 28.5%
2024 · €184k
2019: €100k
2020: €102k
2021: €113k
2022: €134k
2023: €161k
2024: €184k
2019 → 2025
Total assets
€588k▲ 13.3%
2024 · €519k
2019: €605k
2020: €544k
2021: €471k
2022: €464k
2023: €530k
2024: €519k
2019 → 2025
Net result
€52k▲ 130%
2024 · €23k
2019: €15k
2020: €2k
2021: €12k
2022: €21k
2023: €27k
2024: €23k
2019 → 2025
Working capital
€191k▲ 38.4%
2024 · €138k
2019: €46k
2020: €54k
2021: €47k
2022: €40k
2023: €102k
2024: €138k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€134k▲ 18.9%€161k▲ 20.0%€184k▲ 14.1%€237k▲ 28.5%
Operating result€11k-€36k▲ 239%€50k▲ 39.8%€48k▼ 3.9%€87k▲ 80.8%
Net result€12k-€21k▲ 84.3%€27k▲ 26.4%€23k▼ 15.4%€52k▲ 130%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 81% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €588k
Fixed assets
€233k▲ 3.6%
Current assets
€355k▲ 20.7%
Equity and liabilities €588k
Equity
€237k▲ 28.5%
Provisions
€11k
Debt
€341k▲ 1.8%
The debt ratio falls from 64.5% to 57.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€117k▲
2024 · €75k
Cash flow
€83k▲
2024 · €50k
Solvency
40.2%▲
2024 · 35.5%
Current ratio
2.16▲
2024 · 1.88
Quick ratio
1.81▲
2024 · 1.61
Debt / equity
1.44▼
2024 · 1.82
ROE
22.1%▲
2024 · 12.4%
ROA
8.9%▲
2024 · 4.4%
Interest coverage
6.52▲
2024 · 5.17
Debt
€341k▲
2024 · €335k
Debt ≤ 1 year
€164k▲
2024 · €156k
Debt > 1 year
€176k▼
2024 · €178k
Income taxes
€11k▼
2024 · €12k
Staff costs
€293k▲
2024 · €252k
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€519k€588k▲
Formation expenses20€0€0=
Fixed assets21/28€225k€233k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€224k€232k▲
Land and buildings22€197k€184k▼
Plant, machinery and equipment23€15k€19k▲
Furniture and vehicles24€11k€8k▼
Leasing and similar rights25€0€21k▲
Financial fixed assets28€1k€1k▲
Current assets29/58€294k€355k▲
Stocks and contracts in progress3€42k€58k▲
Contracts in progress37€42k€58k▲
Amounts receivable within one year40/41€79k€88k▲
Trade receivables40€67k€76k▲
Other amounts receivable41€12k€11k▼
Current investments50/53€83k€79k▼
Cash at bank and in hand54/58€57k€97k▲
Deferred charges and accrued income490/1€33k€34k▲
Equity and liabilities
Total equity and liabilities10/49€519k€588k▲
Equity10/15€184k€237k▲
Contributions10/11€6k€6k=
Reserves13€177k€230k▲
Non-distributable reserves130/1€4k-
Reserves not available under the articles1311€2k-
Other1319€2k-
Tax-exempt reserves132€19k€52k▲
Distributable reserves133€154k€178k▲
Profit (loss) carried forward14€584€584=
Provisions and deferred taxes16-€11k
Deferred taxes168-€11k
Amounts payable17/49€335k€341k▲
Amounts payable after more than one year17€178k€176k▼
Financial debts170/4€178k€176k▼
Amounts payable within one year42/48€156k€164k▲
Current portion of amounts payable after more than one year42€23k€19k▼
Financial debts43€13k€12k▼
Credit institutions430/8€13k€12k▼
Trade debts44€52k€68k▲
Suppliers440/4€52k€68k▲
Taxes, remuneration and social security45€40k€40k▼
Taxes450/3€6k€6k▼
Remuneration and social security454/9€34k€34k▼
Other amounts payable47/48€28k€25k▼
Accrued charges and deferred income492/3€839€0▼
Income statement
Code20242025
Non-recurring operating income76A€41k€0▼
Remuneration, social security and pensions62€252k€293k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€30k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0▼
Other operating charges640/8€8k€9k▲
Gross operating margin9900€337k€420k▲
Operating profit (loss)9901€48k€87k▲
Financial income75/76B€796€5k▲
Recurring financial income75€796€5k▲
Financial charges65/66B€15k€18k▲
Recurring financial charges65€15k€18k▲
Profit (loss) for the period before taxes9903€34k€74k▲
Transfer from deferred taxes780-€462
Transfer to deferred taxes680-€11k
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€23k€52k▲
Transfer from tax-exempt reserves789-€1k
Transfer to tax-exempt reserves689-€34k
Profit (loss) for the period to be appropriated9905€23k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€21k▼
Profit (loss) brought forward from the previous period14P€584€584=
Transfer to equity691/2€23k€20k▼
To other reserves6921€23k€20k▼
Social balance
Average headcount (FTE)90876.26.3▲
The notes to these accounts (15 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €52k ▲130%
Operating result €87k, net result €52k, both a record.
30-06
Financial
Equity above €200kEq €237k ▲28.5%
7 profitable years in a row build equity to €237k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €150kEq €161k ▲20%
5 profitable years in a row build equity to €161k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €2k ▼88.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €100kEq €102k ▲1.8%
2 profitable years in a row build equity to €102k.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Haaltert · 1 establishment unit since 2007
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.
Terlicht(KE) 1099451 HaaltertGround area
488 m²
Building footprint
216 m²
Volume, LiDAR
949 m³
Parcel 41033B0320/00C000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HDR GARDEN BVBA
since 20072.158.718.766
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41033B0320/00C000 | Flanders | 488 m² | 1 · 216 m² | 9.2 m · 1 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 2023 · 2 entries · 803 EUR awarded · 803 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 149 EUR | 149 EUR |
| 2022 | 1 | 654 EUR | 654 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. 3,277 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2006
Fiscal year end30-06
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.