HIGH TREE
ActiveHIGH TREE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €6k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 6% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.46 in 2024; short-term debt: 131.2% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-31.2%
Return on assets
40.8%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 31662 sector peers (2025).
NBB · sector comparisonPosition among 31662 sector peers
Solvency
better than 6%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
17 d early
2023
49 d early
2022
7 d early
2021
38 d early
2020
31 d late
2019
87 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
€-5k▲ 56.7%
2024 · €-11k
2018: €-29k
2019: €-18k
2020: €-4k
2021: €-20k
2022: €6k
2023: €-29k
2024: €-11k
2018 → 2025
Total assets
€16k▼ 28.5%
2024 · €22k
2018: €290k
2019: €248k
2020: €218k
2021: €194k
2022: €185k
2023: €28k
2024: €22k
2018 → 2025
Net result
€6k▼ 64.7%
2024 · €18k
2018: €23k
2019: €12k
2020: €14k
2021: €-16k
2022: €26k
2023: €-36k
2024: €18k
2018 → 2025
Working capital
€-12k▲ 34.1%
2024 · €-18k
2018: €-132k
2019: €-109k
2020: €-72k
2021: €-86k
2022: €-60k
2023: €-33k
2024: €-18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-20k-€6k€-29k€-11k▲ 61.6%€-5k▲ 56.7%
Operating result€-10k-€31k€-30k€19k€8k▼ 59.1%
Net result€-16k-€26k€-36k€18k€6k▼ 64.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€7k▲ 4.0%
Current assets
€9k▼ 42.7%
Key figures and ratios
EBITDA
€9k▼
2024 · €20k
Cash flow
€7k▼
2024 · €19k
Solvency
-31.2%▲
2024 · -51.5%
Current ratio
0.42▼
2024 · 0.46
Quick ratio
0.42▼
2024 · 0.46
Debt / equity
-4.20▼
2024 · -2.94
ROA
40.8%▼
2024 · 82.7%
Interest coverage
5.30▼
2024 · 19.48
Debt
€20k▼
2024 · €33k
Debt ≤ 1 year
€20k▼
2024 · €33k
Income taxes
€141▼
2024 · €217
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€22k€16k▼
Fixed assets21/28€7k€7k▲
Tangible fixed assets22/27€7k€7k▲
Land and buildings22€4k€4k=
Plant, machinery and equipment23€1k€879▼
Furniture and vehicles24€2k€2k▲
Current assets29/58€15k€9k▼
Amounts receivable within one year40/41€970€7k▲
Trade receivables40€970€6k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€13k€34▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€22k€16k▼
Equity10/15€-11k€-5k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-30k€-23k▲
Amounts payable17/49€33k€20k▼
Amounts payable within one year42/48€33k€20k▼
Trade debts44€18k€18k▼
Suppliers440/4€18k€18k▼
Taxes, remuneration and social security45€10k€3k▼
Taxes450/3€9k€3k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€5k-
Income statement
Code20242025
Non-recurring operating income76A€14k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€705€768▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€22k€10k▼
Operating profit (loss)9901€19k€8k▼
Financial income75/76B€14€263▲
Recurring financial income75€14€263▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€18k€6k▼
Income taxes67/77€217€141▼
Profit (loss) for the period9904€18k€6k▼
Profit (loss) for the period to be appropriated9905€18k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-23k▲
Profit (loss) brought forward from the previous period14P€-48k€-30k▲
The notes to these accounts (5 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-36k ▼236%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Kapellen · 2 establishment units since 2012
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.
Valkenlaan 782950 KapellenGround area
1.4 ha
Building footprint
2,196 m²
Volume, LiDAR
17,071 m³
2 parcels, Flanders · tallest building 24.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Les Croquettes de Mariette
since 20122.213.693.616
Les Croquettes de Mariette
since 20162.253.021.968
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0387/00W000 | Flanders | 1.0 ha | 1 · 1,797 m² | 8.1 m · 2 fl. |
| 11362M0072/00R008 | Flanders | 4,141 m² | 1 · 399 m² | 24.8 m · 3 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
KISSA
BE 1011.803.337
Oupeye · Eq €6k
ADEMCO
BE 0455.103.412
Grez-Doiceau · Eq €6k
SMILE2LIFE
BE 1012.043.065
Ottignies-Louvain-la-Neuve · Eq €6k
LE Consulting
BE 1019.969.945
Mol · Eq €6k
OP-tim
BE 0872.370.785
Ottignies-Louvain-la-Neuve · Eq €6k
Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 17,992 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2012
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.