Equity
€340,111 ▲ 3.7%
KODO Technigarden has made a profit without a break since 2021.
KODO Technigarden
Lifetime
7 annual accounts with figures on one time axispeak €404,665 (2024)
€287,542▼ 28.9%
lowest -€7,606 (2020)
€12,204▼ 13.1%
peak €340,111 (2025)
€340,111▲ 3.7%
€558,842▼ 20.9%
peak 4.8 FTE (2024)
4.7 FTE▼ 2.1%
Board1 name since 2018
1 directorVerbruggen Koert Margareta Victor
Documentsfilings and deeds
26-03-2026127 days before the deadline
2025abbreviated format
Gross margin from €404,665 to €287,542Debts from €706,481 to €558,842Cash from €17,315 to €5,619
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 39% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.8%▼ -0.4 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.7%▼ -0.1 percentage points vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026lowest value
04-2026: 1.0%▲ +0.3 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 0.9%▼ -0.1 percentage points vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.8%▼ -0.1 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.74, cash €5,619, halved
2 establishment units
lowers risk
Figures for financial year 2025 (filed on 26-03-2026)
Equity €340,111 (37.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 47% of them on solvency, 36% on liquidity, 22% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as KODO Technigarden has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
That fits the bankruptcy probability of KODO Technigarden itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for KODO Technigarden. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.74 (1.98 in 2024), above the usual 1.5. Short-term debt is 29.4% and cash 0.6% of total assets. However, 62.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 26-03-2026, 127 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
127 days early
2024
111 days early
2023
76 days early
2022
125 days early
2021
34 days early
2020
33 days early
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 76 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 April (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697855711
New establishment in Bertem
Technigarden, Tervuursesteenweg 496
Company renamed from KODO to KODO Technigarden
Capital contribution of €80,000 · Contribution: Verbruggen Koert · “De aan- en verkoop,de fabricatie,het herstellen en het onderhouden van land- en…” (deed in Dutch) · General meeting of 22-06-2020 · Gazette deed
Incorporation
Founder: Verbruggen Koert Margareta Victor · Founding capital of €18,600, 100 shares · Appointment: Verbruggen Koert Margareta Victor (manager) · published on 15-06-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KODO Technigarden Keerbergen | €0.9m | €287,542 | 37.8% | 4.7 |
| BENDERTECHNIEK BELGIUM Hamont-Achel | €1.0m | €475,333 | 39.2% | 5.3 |
| VDP MEKA Leuze-en-Hainaut | €1.0m | €213,204 | 2.4% | 2.7 |
| STI-VANDENDORPE Wavre | €1.4m | €304,462 | 51.9% | 3.5 |
| BRP Bulk & Pack Eeklo | €0.9m | €180,081 | 31.5% | 2 |
| PARITECH Genk | €1.2m | €383,649 | 2.1% | 4.6 |
| BULLSWAP Genk | €0.9m | €175,233 | -35.4% | 10.2 |
These companies have the same main activity as KODO Technigarden: agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140). They are comparable in size and age: total assets between €869,000 and €1.4m, founded between 2014 and 2021.
Official details
Source: KBO- Status
- Active since 13-06-2018Normal situation
- Activity
- Agents in the wholesale of industrial machinery, ships and aircraftNACE 46140and 4 others
- Joint committees
- 201Independent retail
- 149.04Metal trade · annual accounts 2025
- Establishment units
- 2.276.632.4613140 Keerbergen, since 13-06-2018
- 2.304.268.9493061 Bertem, since 01-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €1.4mestimated
- €898,953▼ 13.1%
- Employeeson 31-12-2025
- 4▼ 33.3%
- Filing
- Filed on 26-03-2026, 127 days before the end of the filing period
Insights on KODO Technigarden
KODO Technigarden files the abbreviated format. That format states no turnover. The gross margin rose from €39,953 in 2019 to €287,542 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KODO Technigarden
- What is the company number of KODO Technigarden?
- The company number of KODO Technigarden is 0697.855.711. The VAT number is the same number with BE in front: BE 0697.855.711.
- Where is KODO Technigarden based?
- The registered office is at Kwikstaartweg 10, 3140 Keerbergen.Company details
- What does KODO Technigarden do?
- According to the KBO register, the main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140).
- What is the legal form of KODO Technigarden?
- KODO Technigarden is a private limited company (BV).
- When was KODO Technigarden founded?
- KODO Technigarden was founded on 13-06-2018.
- Is KODO Technigarden still active?
- Yes, KODO Technigarden is an active enterprise in the KBO register.
- How many employees does KODO Technigarden have?
- KODO Technigarden had an average of 4.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KODO Technigarden fall under?
- In its 2025 annual accounts, KODO Technigarden states joint committees 201 (Independent retail) and 149.04 (Metal trade).
- What is the turnover of KODO Technigarden?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €287,542 and 139 comparable companies (NACE 46). It probably lies between €920,000 and €2.5m.
- Is KODO Technigarden profitable?
- In financial year 2025, KODO Technigarden made a profit of €12,204.
- Where can I find the annual accounts of KODO Technigarden?
- KODO Technigarden filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KODO Technigarden due?
- KODO Technigarden must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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