NEW GARDENS
ActiveThe computed 12-month bankruptcy probability of NEW GARDENS is 3.6% (moderate). The 2025 annual accounts show equity of €29k and a net result of €11k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 4472 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
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+2
Solvency92▼-3
Growth68=
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.64 in 2024; short-term debt: 33.3% and cash: 6.8% of total assets), and 33.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
66.7%
Return on assets
24.5%
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 29-08-2026, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
52 d late
2023
24 d late
2022
29 d late
2021
153 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€75k▲ 41.3%
2024 · €53k
2022: €36k
2023: €62k
2024: €53k
2022 → 2025
EBIT margin
17.2%▼ 2.3pp
2024 · 19.5%
2022: 39.4%
2023: 45.3%
2024: 19.5%
2022 → 2025
Net result
€11k▲ 27.1%
2024 · €8k
2021: €22k
2022: €13k
2023: €24k
2024: €8k
2021 → 2025
Working capital
€25k▲ 40.6%
2024 · €18k
2021: €2k
2022: €-2k
2023: €11k
2024: €18k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€36k€62k▲ 71.7%€53k▼ 15.2%€75k▲ 41.3%
Equity€11k-€13k▲ 10.9%€22k▲ 75.3%€25k▲ 15.1%€29k▲ 14.1%
Operating result€25k-€14k▼ 42.0%€28k▲ 97.5%€10k▼ 63.6%€13k▲ 24.6%
Net result€22k-€13k▼ 40.6%€24k▲ 84.6%€8k▼ 66.0%€11k▲ 27.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€4k▼ 50.1%
Current assets
€39k▲ 37.1%
Equity and liabilities €43k
Equity
€29k▲ 14.1%
Debt
€14k▲ 31.5%
The debt ratio rises from 30.2% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €17k
Cash flow
€15k▲
2024 · €15k
Solvency
66.7%▼
2024 · 69.8%
Current ratio
2.75▲
2024 · 2.64
Quick ratio
2.75▲
2024 · 2.64
Debt / equity
0.50▲
2024 · 0.43
ROE
36.7%▲
2024 · 32.9%
ROA
24.5%▲
2024 · 23.0%
Interest coverage
50.20▼
2024 · 51.83
Debt
€14k▲
2024 · €11k
Debt ≤ 1 year
€14k▲
2024 · €11k
Income taxes
€2k▲
2024 · €2k
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€36k€43k▲
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€29k€39k▲
Amounts receivable within one year40/41€19k€37k▲
Trade receivables40€6k€20k▲
Other amounts receivable41€13k€17k▲
Cash at bank and in hand54/58€10k€3k▼
Equity and liabilities
Total equity and liabilities10/49€36k€43k▲
Equity10/15€25k€29k▲
Contributions10/11€2k€2k=
Reserves13€23k€27k▲
Distributable reserves133€23k€27k▲
Amounts payable17/49€11k€14k▲
Amounts payable within one year42/48€11k€14k▲
Trade debts44€789-
Suppliers440/4€789-
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Remuneration and social security454/9-€700
Other amounts payable47/48€5k€7k▲
Income statement
Code20242025
Turnover70€53k€75k▲
Goods, raw materials, services and sundry goods60/61€37k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€822€2k▲
Gross operating margin9900€18k€20k▲
Operating profit (loss)9901€10k€13k▲
Financial charges65/66B€330€350▲
Recurring financial charges65€330€350▲
Profit (loss) for the period before taxes9903€10k€12k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€8k€11k▲
Profit (loss) for the period to be appropriated9905€8k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€11k▲
Transfer to equity691/2€3k€4k▲
To other reserves6921€3k€4k▲
Profit to be distributed694/7€5k€7k▲
Directors or managers695€5k€7k▲
The notes to these accounts (7 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
31-12
Financial
Weakest financial yearnet €8k ▼66%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial
Highest result since 2021net €24k ▲84.6%
Operating result €28k, net result €24k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Gillis (bij-Brussel)
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.
Coenraetsstraat 101060 Sint-Gillis (bij-Brussel)Ground area
169 m²
Building footprint
85 m²
Volume, LiDAR
1,230 m³
Parcel 21562A0431/00G007, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0431/00G007 | Brussels | 169 m² | 1 · 85 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 3,372 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2021
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.