Ten Aerde
ActiveTen Aerde has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161k and a net result of €-35k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 7452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-95
Solvency75▼-25
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 15.96 in 2024; short-term debt: 49.8% and cash: 20.9% of total assets), and 49.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
14 d early
2023
1 d early
2022
on the day
2021
3 d early
2020
5 d early
2019
on the day
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€161k▼ 47.2%
2024 · €305k
2018: €26k
2019: €89k
2020: €150k
2021: €119k
2022: €76k
2023: €203k
2024: €305k
2018 → 2025
Total assets
€321k▼ 16.4%
2024 · €385k
2018: €930k
2019: €758k
2020: €1.19M
2021: €1.28M
2022: €502k
2023: €571k
2024: €385k
2018 → 2025
Net result
€-35k
2024 · €102k
2018: €-11k
2019: €63k
2020: €61k
2021: €-31k
2022: €-43k
2023: €114k
2024: €102k
2018 → 2025
Working capital
€111k▼ 61.5%
2024 · €288k
2018: €527k
2019: €483k
2020: €989k
2021: €1.08M
2022: €421k
2023: €367k
2024: €288k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€76k▼ 36.0%€203k▲ 167%€305k▲ 50.4%€161k▼ 47.2%
Operating result€-13k-€-26k▼ 103%€128k€118k▼ 8.0%€-35k
Net result€-31k-€-43k▼ 39.5%€114k€102k▼ 10.7%€-35k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €35k after €118k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €321k
Fixed assets
€50k▼ 35.0%
Current assets
€271k▼ 11.7%
Equity and liabilities €321k
Equity
€161k▼ 47.2%
Debt
€160k▲ 102%
The debt ratio rises from 20.6% to 49.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €129k
Cash flow
€-6k▼
2024 · €113k
Solvency
50.2%▼
2024 · 79.4%
Current ratio
1.69▼
2024 · 15.96
Quick ratio
0.95▼
2024 · 9.80
Debt / equity
0.99▲
2024 · 0.26
ROE
-21.8%▼
2024 · 33.5%
ROA
-11.0%▼
2024 · 26.6%
Interest coverage
-11.34▼
2024 · 246.74
Debt
€160k▲
2024 · €79k
Debt ≤ 1 year
€160k▲
2024 · €19k
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€385k€321k▼
Fixed assets21/28€77k€50k▼
Tangible fixed assets22/27€77k€50k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€66k€42k▼
Financial fixed assets28€850-
Current assets29/58€307k€271k▼
Stocks and contracts in progress3€119k€119k▲
Stocks30/36€119k€119k▲
Amounts receivable within one year40/41€76k€81k▲
Trade receivables40€61k€53k▼
Other amounts receivable41€15k€28k▲
Cash at bank and in hand54/58€108k€67k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€385k€321k▼
Equity10/15€305k€161k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€285k€141k▼
Amounts payable17/49€79k€160k▲
Amounts payable after more than one year17€60k-
Financial debts170/4€60k-
Amounts payable within one year42/48€19k€160k▲
Trade debts44€2k€15k▲
Suppliers440/4€2k€15k▲
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€15k€6k▼
Other amounts payable47/48€2k€139k▲
Accrued charges and deferred income492/3-€3
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€29k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€130k€-4k▼
Operating profit (loss)9901€118k€-35k▼
Financial income75/76B€13k€107▼
Recurring financial income75€3k€107▼
Non-recurring financial income76B€10k-
Financial charges65/66B€521€510▼
Recurring financial charges65€521€510▼
Profit (loss) for the period before taxes9903€130k€-35k▼
Income taxes67/77€28k-
Profit (loss) for the period9904€102k€-35k▼
Profit (loss) for the period to be appropriated9905€102k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€285k€250k▼
Profit (loss) brought forward from the previous period14P€183k€285k▲
Profit to be distributed694/7-€109k
Return on contributions (dividend)694-€109k
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 15.96
Current ratio from 2.93 to 15.96; short-term debt falls from €190k to €19k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €114k
Net result €114k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €203k ▲167%
Equity rises from €76k to €203k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 7.30
Current ratio from 3.31 to 7.30; short-term debt falls from €209k to €157k.
31-12
Financial
Equity above €100kEq €150k ▲68.4%
2 profitable years in a row build equity to €150k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Lendelede · 1 establishment unit since 2015
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.
Rozebeeksestraat 1258860 LendeledeGround area
3,128 m²
Building footprint
295 m²
Volume, LiDAR
1,100 m³
Parcel 34025B0633/00B000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ten Aerde
since 20152.244.226.840
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025B0633/00B000 | Flanders | 3,128 m² | 1 · 295 m² | 7.0 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600CHH3HAKS3MB933
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.