Equity
€86,375 ▲ 4.9%
LTVK has made a profit without a break since 2024.
LTVK
Lifetime
17 annual accounts with figures on one time axispeak €408,600 (2017)
€318,299▲ 11.1%
lowest -€23,881 (2023)
€4,026▼ 52.6%
peak €97,676 (2022)
€86,375▲ 4.9%
€847,838▲ 23.9%
peak 5.9 FTE (2019)
3.1 FTE▲ 55.0%
Board2 names since 2020
1 director
Documentsfilings and deeds
31-10-2026on the last day
2026abbreviated format
Result from €8,484 to €4,026Staff from 2 FTE to 3.1 FTEDebts from €684,245 to €847,838
Key points
from the 2026 annual accountsTurnover
≈ €630,000 estimated
The accounts state no turnover.
Debts
€847,838 91% of the balance sheet
Financial debts 27%Suppliers 36%Taxes and wages 2%Other 35%
€47,674 of the debts are secured on the company's own assets.
Staff
3.1 FTE from 5.9 in 2019
Between 2019 and 2026, 47% of the full-time equivalents disappeared.
Filings
17 annual accounts since 2010
Two of the last ten came late. The 2025 accounts came latest: 21 days after the end of the period.
Position in the sector
9.2%
Lower solvency than 82% of companies in building services and landscaping. Sector median 38.0% · 54 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,374 companies had the same profile as LTVK has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,374 companies, not a prediction for LTVK. 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Company renamed from BVBA TVK to LTVK
Change of role: , from manager to director · Director discharge: · General meeting of 20-12-2023 · Gazette deed
Resignation: (manager)
Director discharge: · General meeting of 22-10-2020 · Gazette deed
Incorporation
published on 26-11-2008 · Gazette deed
First establishment
TVK, Brandstraat 12, Zulte
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LTVK Zulte | €0.9m | €318,299 | 9.2% | 3.1 |
| TWO FOR TREES Gembloux | €1.0m | €309,310 | 31.2% | 3.3 |
| XTERIOR Ingelmunster | €1.0m | €285,706 | 23.8% | 2.8 |
| L & G MERTENS Boechout | €1.1m | €350,193 | 39.9% | 3 |
| Silver Garden Zwalm | €1.0m | €267,784 | 40.2% | 2.7 |
| Tuinen Dhaenens Kaprijke | €1.2m | €320,635 | 20.2% | 2.8 |
| GreenGro Hamme (Vl.) | €0.6m | €324,070 | 69.9% | 3.6 |
These companies have the same main activity as LTVK: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €624,000 and €1.2m, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 18-11-2008Normal situation
- Activity
- Landscape service activitiesNACE 81300and 9 others
- Joint committee
- 145Horticulture · annual accounts 31-03-2026
- Establishment unit
- 2.176.386.7239870 Zulte, since 18-11-2008
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2026
- €934,213▲ 21.9%
- Employeeson 31-03-2026
- 5▲ 150%
- Filing
- Filed on 31-10-2026, on the last day of the filing period
Insights on LTVK
LTVK files the abbreviated format. That format states no turnover. The gross margin rose from €96,781 in 2010 to €318,299 in 2026.
The balance sheet grew most from 2013 to 2014 through fixed assets, financed with long-term debt.
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 LTVK
- What is the company number of LTVK?
- The company number of LTVK is 0807.832.628. The VAT number is the same number with BE in front: BE 0807.832.628.
- Where is LTVK based?
- The registered office is at Brandstraat 12, 9870 Zulte.Company details
- What does LTVK do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of LTVK?
- LTVK is a private limited company (BV).
- When was LTVK founded?
- LTVK was founded on 18-11-2008.
- Is LTVK still active?
- Yes, LTVK is an active enterprise in the KBO register.
- How many employees does LTVK have?
- LTVK had an average of 3.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does LTVK fall under?
- In its 31-03-2026 annual accounts, LTVK states joint committee 145 (Horticulture).
- What is the turnover of LTVK?
- The turnover in financial year 2026 is ≈ €630,000. This figure is estimated from the gross margin of €318,299 and 51 comparable companies (NACE 81). It probably lies between €430,000 and €950,000.
- Is LTVK profitable?
- In financial year 2026, LTVK made a profit of €4,026.
- Where can I find the annual accounts of LTVK?
- LTVK filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of LTVK due?
- LTVK must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.