HORTUS GANDA
ActiveHORTUS GANDA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €269k and a net result of €114k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 5896 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+7
Solvency85▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.73 in 2023; short-term debt: 32.6% and cash: 19.4% of total assets), and 40.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
33 d early
2023
on the day
2022
41 d early
2021
3 d early
2020
3 d early
2019
on the day
2018
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€269k▲ 73.7%
2023 · €155k
2019: €67k
2020: €87k
2021: €100k
2022: €135k
2023: €155k
2019 → 2024
Total assets
€451k▲ 34.8%
2023 · €335k
2019: €117k
2020: €129k
2021: €154k
2022: €202k
2023: €335k
2019 → 2024
Net result
€114k▲ 74.5%
2023 · €65k
2019: €2k
2020: €20k
2021: €12k
2022: €35k
2023: €65k
2019 → 2024
Working capital
€144k▲ 37.6%
2023 · €105k
2019: €45k
2020: €67k
2021: €82k
2022: €117k
2023: €105k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€100k▲ 14.0%€135k▲ 35.1%€155k▲ 14.8%€269k▲ 73.7%
Operating result€27k-€13k▼ 51.2%€47k▲ 250%€89k▲ 90.1%€162k▲ 83.4%
Net result€20k-€12k▼ 39.0%€35k▲ 186%€65k▲ 86.5%€114k▲ 74.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 83% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €451k
Fixed assets
€160k▲ 83.5%
Current assets
€291k▲ 17.6%
Equity and liabilities €451k
Equity
€269k▲ 73.7%
Debt
€183k▲ 1.4%
The debt ratio falls from 53.8% to 40.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€191k▲
2023 · €98k
Cash flow
€143k▲
2023 · €75k
Solvency
59.5%▲
2023 · 46.2%
Current ratio
1.98▲
2023 · 1.73
Quick ratio
1.98▲
2023 · 1.73
Debt / equity
0.68▼
2023 · 1.17
ROE
42.4%▲
2023 · 42.2%
ROA
25.2%▲
2023 · 19.5%
Interest coverage
63.32▼
2023 · 189.69
Debt
€183k▲
2023 · €180k
Debt ≤ 1 year
€147k▲
2023 · €143k
Debt > 1 year
€34k▼
2023 · €36k
Income taxes
€51k▲
2023 · €27k
Staff costs
€106k▲
2023 · €60k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€335k€451k▲
Fixed assets21/28€87k€160k▲
Tangible fixed assets22/27€87k€160k▲
Plant, machinery and equipment23€11k€33k▲
Furniture and vehicles24€76k€111k▲
Other tangible fixed assets26-€16k
Current assets29/58€248k€291k▲
Amounts receivable within one year40/41€163k€199k▲
Trade receivables40€99k€141k▲
Other amounts receivable41€64k€58k▼
Cash at bank and in hand54/58€85k€88k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€335k€451k▲
Equity10/15€155k€269k▲
Contributions10/11€20k€20k=
Reserves13€135k€249k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€133k€249k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€180k€183k▲
Amounts payable after more than one year17€36k€34k▼
Financial debts170/4€36k€34k▼
Amounts payable within one year42/48€143k€147k▲
Current portion of amounts payable after more than one year42€12k€15k▲
Trade debts44€40k€85k▲
Suppliers440/4€40k€85k▲
Taxes, remuneration and social security45€42k€43k▲
Taxes450/3€33k€35k▲
Remuneration and social security454/9€8k€8k▼
Other amounts payable47/48€49k€3k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20232024
Remuneration, social security and pensions62€60k€106k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€29k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€159k€300k▲
Operating profit (loss)9901€89k€162k▲
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€517€3k▲
Recurring financial charges65€517€3k▲
Profit (loss) for the period before taxes9903€92k€165k▲
Income taxes67/77€27k€51k▲
Profit (loss) for the period9904€65k€114k▲
Profit (loss) for the period to be appropriated9905€65k€114k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111k€114k▲
Profit (loss) brought forward from the previous period14P€45k€0▼
Transfer to equity691/2€65k€114k▲
To other reserves6921€65k€114k▲
Profit to be distributed694/7€45k€0▼
Return on contributions (dividend)694€45k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €114k ▲74.5%
Operating result €162k, net result €114k, both a record.
31-12
Financial
Equity above €200kEq €269k ▲73.7%
6 profitable years in a row build equity to €269k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150kEq €155k ▲14.8%
5 profitable years in a row build equity to €155k.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €100kEq €135k ▲35.1%
4 profitable years in a row build equity to €135k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 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, Gavere · 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.
Baaigemstraat 3549890 GavereGround area
3,800 m²
Building footprint
517 m²
Volume, LiDAR
2,497 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HORTUS GANDA
since 20072.167.042.851
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44005A0653/00H000 | Flanders | 2,607 m² | 1 · 326 m² | 9.5 m · 2 fl. |
| 44058B0170/00B000 | Flanders | 1,193 m² | 1 · 191 m² | 6.3 m · 1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 240 EUR | 240 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DUMAY OLIVIER
BE 0643.757.128
Genappe · Eq €269k
unik-id
BE 0666.907.563
Boortmeerbeek · Eq €269k
LUVACO
BE 0478.699.651
Hasselt · Eq €268k
PWL Construct
BE 0669.746.396
Herselt · Eq €268k
CENTRE D'ORIENTATION ET DE DEVELOPPEMENT POUR L'EMPLOI ET LA FORMATION
BE 0448.596.294
Viroinval · Eq €268k
Of 21,206 companies in sector 81300 we hold annual accounts for 4,358. 3,194 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2007
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.