MK Tuinen
ActiveSummary
The computed 12-month bankruptcy probability of MK Tuinen is 2.1% (moderate). The 2025 annual accounts show equity of €29k and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 4486 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 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
Profitability100▲+16
Solvency60▲+32
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 0.7 in 2024; short-term debt: 64.5% and cash: 17.9% of total assets), and 65.1% of the assets are financed with debt.
Credit check 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
34.9%
Return on assets
32.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
92 d late
2023
30 d late
2022
17 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 1,469%
2024 · €2k
2022: €8k
2023: €-7k
2024: €2k
2022 → 2025
Total assets
€83k▲ 17.6%
2024 · €71k
2022: €110k
2023: €92k
2024: €71k
2022 → 2025
Net result
€27k▲ 214%
2024 · €9k
2022: €72
2023: €-15k
2024: €9k
2022 → 2025
Working capital
€16k
2024 · €-20k
2022: €-55k
2023: €-51k
2024: €-20k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€8k-€-7k€2k€29k▲ 1,469%
Operating result€1k-€-11k€11k€34k▲ 203%
Net result€72-€-15k€9k€27k▲ 214%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 203% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€13k ▼ 40.1%
Current assets
€69k ▲ 44.5%
Equity and liabilities €83k
Equity
€29k ▲ 1,469%
Debt
€54k ▼ 21.4%
Debt's share of the balance-sheet total falls from 97.4% to 65.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €37k
Cash flow
€39k▲
2024 · €34k
Current ratio
1.30▲
2024 · 0.70
Quick ratio
1.26▲
2024 · 0.67
Debt to equity
1.86▼
2024 · 37.23
ROE
93.6%▼
2024 · 468.2%
ROA
32.7%▲
2024 · 12.2%
Interest coverage
47.77▲
2024 · 14.15
Debt ≤ 1 year
€53k▼
2024 · €68k
Income taxes
€6k
Staff costs
€26k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€71k€83k▲
Fixed assets21/28€22k€13k▼
Tangible fixed assets22/27€22k€13k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€150€150=
Current assets29/58€48k€69k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€35k€51k▲
Trade receivables40€35k€49k▲
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€9k€15k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€71k€83k▲
Equity10/15€2k€29k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-6k€21k▲
Amounts payable17/49€69k€54k▼
Amounts payable within one year42/48€68k€53k▼
Trade debts44€39k€26k▼
Suppliers440/4€39k€26k▼
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€17k€15k▼
Accrued charges and deferred income492/3€453€467▲
Income statement
Code20242025
Remuneration, social security and pensions62€17k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€12k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€55k€74k▲
Operating profit (loss)9901€11k€34k▲
Financial income75/76B-€33
Recurring financial income75-€33
Financial charges65/66B€3k€964▼
Recurring financial charges65€3k€964▼
Profit (loss) for the period before taxes9903€9k€33k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€9k€27k▲
Profit (loss) for the period to be appropriated9905€9k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€21k▲
Profit (loss) brought forward from the previous period14P€-15k€-6k▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €27k ▲214%
Operating result €34k, net result €27k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-15k ▼20773%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Buggenhout · 1 establishment unit since 2021
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.
Smalbos 29255 BuggenhoutGround area
2,877 m²
Building footprint
288 m²
Volume, LiDAR
1,562 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MK Tuinen
since 20212.327.492.729
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004E0452/00R000 | Flanders | 1,854 m² | 1 · 144 m² | 7.6 m · 2 fl. |
| 42004C0204/02K000 | Flanders | 1,022 m² | 1 · 144 m² | 8.2 m · 2 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 live approvalGroenaanleg en –beheer duaal (so)
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,374 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.