PASSION JARDIN
Open bankruptcyA bankruptcy procedure is open for PASSION JARDIN according to publications in the Belgian State Gazette; curator: ANTOINE BRAUN.
Summary
The file additionally contains 3 judicial reorganisations. The 2021 annual accounts show equity of €18k and a net result of €1k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
25 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€18k▲ 8.7%
2020 · €17k
2018: €165
2019: €4k
2020: €17k
2018 → 2021
Total assets
€37k▲ 19.0%
2020 · €31k
2018: €23k
2019: €28k
2020: €31k
2018 → 2021
Net result
€1k▼ 88.3%
2020 · €13k
2018: €-11k
2019: €4k
2020: €13k
2018 → 2021
Working capital
€12k▲ 96.0%
2020 · €6k
2018: €-16k
2019: €-8k
2020: €6k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€165-€4k▲ 2,620%€17k▲ 279%€18k▲ 8.7%
Operating result€-11k-€5k€13k▲ 172%€3k▼ 78.1%
Net result€-11k-€4k€13k▲ 190%€1k▼ 88.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 78% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €37k
Fixed assets
€7k ▼ 34.2%
Current assets
€30k ▲ 47.3%
Equity and liabilities €37k
Equity
€18k ▲ 8.7%
Debt
€18k ▲ 31.8%
Debt's share of the balance-sheet total rises from 44.6% to 49.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2020 · €16k
Cash flow
€7k▼
2020 · €16k
Current ratio
1.73▲
2020 · 1.46
Debt to equity
0.98
ROE
8.0%▼
2020 · 73.6%
ROA
4.0%▼
2020 · 40.8%
Interest coverage
9.06
Debt ≤ 1 year
€17k▲
2020 · €14k
Income taxes
€366
Staff costs
€6k
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 · 2021 against 2020 · 41 lines
Balance sheet
Code20202021
Assets
Total assets20/58€31k€37k▲
Fixed assets21/28€11k€7k▼
Intangible fixed assets21€8k€4k▼
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24-€868
Financial fixed assets28€100€100=
Current assets29/58€20k€30k▲
Amounts receivable within one year40/41€13k€25k▲
Trade receivables40-€25k
Cash at bank and in hand54/58€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€31k€37k▲
Equity10/15€17k€18k▲
Contributions10/11-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-3k€-2k▲
Amounts payable17/49€14k€18k▲
Amounts payable within one year42/48€14k€17k▲
Trade debts44€4k€5k▲
Suppliers440/4-€5k
Taxes, remuneration and social security45-€9k
Taxes450/3-€8k
Remuneration and social security454/9-€1k
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3-€966
Income statement
Code20202021
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8-€359
Gross operating margin9900€24k€15k▼
Operating profit (loss)9901€13k€3k▼
Recurring financial income75€80-
Financial charges65/66B-€930
Recurring financial charges65€194€930▲
Profit (loss) for the period before taxes9903€13k€2k▼
Income taxes67/77-€366
Profit (loss) for the period9904€13k€1k▼
Profit (loss) for the period to be appropriated9905€13k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-2k
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-10
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · PASSION JARDIN SPRL AVENUE JEAN MONNET 1, 1401 NIVELLES · event 09-10-2025
15-05
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise du Brabant wallon · 20240047 · event 08-05-2025
20-03
Judicial reorganisation
Extension
Tribunal de l’entreprise du Brabant wallon · collectif · event 13-03-2025
2024
13-12
Judicial reorganisation
Opening
Tribunal de l’entreprise du Brabant wallon · collectif · event 28-11-2024
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Highest result since 2018net €13k ▲190%
Operating result €13k, net result €13k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.46
Current ratio from 0.63 to 1.46; short-term debt falls from €23k to €14k.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
2015
11-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
16-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
17-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
1 establishment unit since 2009
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.
Ground area
1,048 m²
Building footprint
122 m²
Volume, LiDAR
857 m³
Parcel 25051C0127/00H000, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PASSION JARDIN
since 20092.175.181.250
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051C0127/00H000 | Wallonia | 1,048 m² | 1 · 122 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTOINE BRAUN VIEUX CHEMIN DU POETE 11,
1301 BIERGES |
09-10-2025 → present |
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,053 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 (pre-2019)
Founded15-12-2008
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
02200Logging
43120Site preparation
43130Specialised construction activities
71113Urban planning and landscape architecture
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.