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TREE

Active Private limited companyfounded 2011active for 15 yearsJozef Hermanslei 45, 2640 MortselKBO/BCE: BE 0840.111.951 #2 company by total assets in Mortsel, Telecoms and IT sector
TREE
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Overview

Lifetime

13 annual accounts with figures on one time axis
peak €611,569 (2023)
€553,734▲ 17.1%
peak €201,585 (2023)
€50,856▲ 38.3%
peak €702,575 (2024)
€674,849▼ 3.9%
€264,908▼ 23.2%
peak 7 FTE (2025)
7 FTE▲ 14.8%
Board2 names since 2022
2 directorsErwin Berghmans and 1 other
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Gross margin from €473,053 to €553,734Result from €36,783 to €50,856Staff from 6.1 FTE to 7 FTEAmendment of the articles 26-11Dividend €78,581Debts from €345,102 to €264,908

Key points

from the 2025 annual accounts

Equity

€674,849 ▼ 3.9%
702,5752024+50,856Profit-78,581Dividend674,8492025

TREE paid out €78,581 in dividends. That is 155% of the 2025 profit.

Turnover

≈ €1.5m estimated

The accounts state no turnover.

Staff

8 employees on 30-06-2025
202022432023202024222025

In 2025, 2 people joined and 2 left.

Filings

13 annual accounts since 2013
deadline201520202025

The last five annual accounts were filed 0 to 3 days before the end of the period.

Position in the sector

€674,849

More equity than 81% of companies in computer programming and consultancy. Sector median €128,111 · 3,406 companies.

Public support

€630,941 awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Media-initiatieven: Projectsubsidie voor een initiatief tegen desinformatie in de media (Uitgavendecreet).

Checked score

94
Excellent
Financially stronger than 52% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025highest value 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

97+5equity 71.8% of total assets
88+11short-term debt 28.2% · cash 39.8%
76+3return on assets 5.4%

Score breakdown

lowers risk
Liquidity: current ratio 3.30, cash €374,219
Equity €674,849 (71.8% of total assets)
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 30-01-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 65% of them on solvency, 74% on liquidity, 34% on profitability and 35% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as TREE has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of TREE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 34,693 companies, not a prediction for TREE. 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 of up to €60,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.3 (2.79 in 2024), above the usual 1.5. Short-term debt is 28.2% and cash 39.8% of total assets. 28.2% of the assets are financed with debt and provisions.

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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.30, cash €374,219
NBB · annual accounts
lowers risk · Equity €674,849 (71.8% of total assets)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Figures for financial year 2025 (filed on 30-01-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
2 days early
2022
1 day early
2021
3 days early
2020
2 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EB
Erwin Berghmans
Director
MN
Michiel Nuytemans
Director
  • BERGHMANS Erwin 5,000 sharesdeed of 26-11-2025
  • NUYTEMANS Michiel 5,000 sharesdeed of 26-11-2025
Board & ownership

Recent changes

Amendment of the articles BERGHMANS Erwin holds 5,000 shares · NUYTEMANS Michiel holds 5,000 shares · General meeting of 21-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0840111951
Legal-form change · Resignations & appointments Changes of role: Erwin Berghmans (director) and Michiel Nuytemans (director) · Legal-form conversion: to private limited company · Director discharge: Erwin Berghmans · General meeting of 27-12-2023 · Gazette deed
Incorporation published on 20-10-2011 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
TREE Mortsel €0.9m €553,734 71.8% 7
Edda International Belgium Watermael-Boitsfort €1.0m €654,154 -50.1% 7
BEL WEB COMMUNICATION Brussels €1.0m €608,393 6.1% 7.8
ProSoccerData Asse €0.8m €604,511 3.5% 8.1
Adeona Antwerp €1.1m €820,166 7.7% 7
BRIGHT SQUARE Brasschaat €0.9m €698,593 66.9% 5.7
We Solve It Willebroek €1.3m €500,153 14.7% 5.4

These companies have the same main activity as TREE: computer programming (NACE 62100). They are comparable in size and age: total assets between €757,000 and €1.3m, founded between 2009 and 2015.

Official details

Source: KBO
Status
Active since 04-10-2011Normal situation
Activity
Computer programmingNACE 62100and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-06-2025
Establishment unit
2.204.267.4912640 Mortsel, since 04-10-2011
Financial year end
30 June
Peppol
Reachable since 22-07-2025
Company details

Annual accounts to 30-06-2025

€553,734▲ 17.1%
€50,856▲ 38.3%
€674,849▼ 3.9%
€939,757▼ 10.3%
Employeeson 30-06-2025
8=
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on TREE

TREE files the abbreviated format. That format states no turnover. The gross margin rose from €58,157 in 2013 to €553,734 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 30-01-2026, 1 day before the deadline
€553,734
▲ 17.1%
€56,311
▲ 12.9%
€50,856
▲ 38.3%
€609,728
▼ 1.1%
71.8%
▲ 4.8 percentage points
3.30
▲ 0.51

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.5m. Estimated: probably between €1.0m and €2.3m.

In the rankings #2 company by total assets in Mortsel, Telecoms and IT sector#2 company by equity in Mortsel, Telecoms and IT sector

Balance sheet

balance sheet total €939,757 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

71.8%

Higher than 73% of 3,405 companies in 2025.

3.30

Higher than 71% of 3,266 companies in 2025.

5.4%

Higher than 45% of 3,314 companies in 2025.

TREE Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

€67,421

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 2 people joined and 2 left. Training hours in 2025: 56.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 939,7571.0m927,973804,864565,714409,559376,699213,432116,83582,48963,75247,30551,541
21/28 65,12285,783101,1857491,5261,1461,043--634721,3082,953
22/27 65,12285,783101,1857491,5261,1461,043--634721,3082,953
23 8,6838,4923,0427491,5261,1461,043--634721,3082,953
24 56,43977,29198,143----------
29/58 874,635961,894826,788804,115564,189408,413375,656213,432116,83582,42663,27945,99648,587
40/41 481,255348,973146,168260,412110,306180,877156,116130,50019,59030,5653,36013,34911,168
40 466,255304,016142,768257,01286,251166,030152,886126,1185,30428,421-13,1159,839
41 15,00044,9583,4003,40024,05514,8483,2304,38214,2852,1443,3602341,330
50/53 -242,23453,03434,77932,672--------
54/58 374,219350,397623,641506,722418,424226,181218,85082,93297,24551,86159,92032,64837,419
490/1 19,16120,2903,9442,2022,7871,355690------
Balance sheet: equity and liabilities
10/49 939,7571.0m927,973804,864565,714409,559376,699213,432116,83582,48963,75247,30551,541
10/15 674,849702,575694,263508,768372,739291,767239,629107,72479,25263,16234,79633,21827,424
10/11 8,4608,4606,6006,6006,6006,6006,6006,6006,6006,6006,6006,6006,600
100 -----18,60018,60018,60018,60018,60018,60018,60018,600
101 -----12,00012,00012,00012,00012,00012,00012,00012,000
13 666,389694,115687,663502,168366,139285,167233,029101,12472,65256,56222,4011,8601,860
130/1 --1,8601,8601,860--------
130 -----1,8601,8601,8601,8601,8601,8601,8601,860
1311 --1,8601,8601,860--------
133 666,389694,115685,803500,308364,279283,307231,16999,26470,79254,70220,541--
14 ----------5,79424,75818,964
17/49 264,908345,102233,709296,096192,976117,793137,070105,70837,58319,32728,95614,08624,117
42/48 264,908345,102233,709296,096192,976117,793137,070105,70837,58319,32728,95614,08624,117
44 156,685216,029113,281151,789125,68465,50659,11670,9693,6412,4209,9855,0823,903
440/4 156,685216,029113,281151,789125,68465,50659,11670,9693,6412,4209,9855,0823,903
46 -------14,00014,000----
45 105,34070,38968,07972,54233,87523,51229,68210,50212,13110,59715,0074,35612,693
450/3 42,56823,44620,99635,73816,79014,41727,1808,97710,6069,07213,4822,83111,315
454/9 62,77146,94447,08336,80417,0849,0952,5021,5251,5251,5251,5251,5251,379
47/48 2,88358,68452,35071,76533,41728,77548,27210,2377,8116,3103,9644,6487,521
Income statement
76A --276----------
9900 553,734473,053611,569416,806233,124125,159203,86547,65526,72248,56334,81410,80458,157
62 471,949400,227311,721173,00389,32751,7439,502-----22,076
630 25,35622,9007,3347761,298549522-634098362,1153,428
640/8 1195910910210110098190-185-92239
66A --190---424------
9901 56,31149,867292,215242,924142,39872,767193,32047,46526,65847,96933,9788,59732,415
75/76B 23,7188,0752762,38221327281858162633948
75 23,7188,0752762,38221327281858162633948
65/66B 301201294529423923831108551316
65 301201294529423923831108551316
9903 79,72957,741292,197244,777142,56972,402193,31047,45226,70648,04634,0368,63532,147
67/77 28,87320,95790,61274,58841,05520,26561,40418,98010,61719,68013,4952,84011,323
9904 50,85636,783201,585170,190101,51352,137131,90528,47216,09028,36620,5415,79420,824
9905 50,85636,783201,585170,190101,51352,137131,90528,47216,09028,36620,5415,79420,824
Appropriation of the result
9906 50,85636,783201,585170,190101,51352,137131,90528,47216,09034,16145,30024,75820,824
791/2 78,58128,47216,09034,16120,541--------
691/2 50,85636,783201,585170,190101,51352,137131,90528,47216,09034,16120,541-1,860
6920 ------------1,860
6921 50,85636,783201,585170,190101,51352,137131,90528,47216,09034,16120,541--
694/7 78,58128,47216,09034,16120,541-----18,964--
694 78,58128,47216,09034,16120,541-----18,964--
Social balance sheet
9087 76.15.53.52.21.40.3-----0.4
Hours worked1013 11,81210,2609,6846,3323,9362,452508-----942
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 30-01-2026 2026-00022517 PDF
30-06-2024 abbreviated format 31-01-2025 2025-00021337 PDF
30-06-2023 abbreviated format 29-01-2024 2024-00010073 PDF
30-06-2022 micro format 30-01-2023 2023-00010360 PDF
30-06-2021 micro format 28-01-2022 2022-02700191 PDF
30-06-2020 micro format 29-01-2021 2021-03100278 PDF
30-06-2019 micro format 14-01-2020 2020-01000370 PDF
30-06-2018 micro format 14-01-2019 2019-01300293 PDF
30-06-2017 micro format 24-01-2018 2018-02100169 PDF
30-06-2016 abbreviated format 16-01-2017 2017-01400374 PDF
30-06-2015 abbreviated format 02-02-2016 2016-03600598 PDF
30-06-2014 abbreviated format 22-12-2014 2014-70600092 PDF
30-06-2013 abbreviated format 25-02-2014 2014-05000092 PDF

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €630,941 awarded, €501,691 paid

Media-initiatieven: Projectsubsidie voor een initiatief tegen desinformatie in de media (Uitgavendecreet)
€407,862
Ontwikkelingsproject
€214,079
Subsidies voor internationaal ondernemen
€9,000
Year Entries AwardedPaid
2025 1 €214,079€85,000
2024 1 €0€81,402
2023 1 €9,000€9,000
2022 1 €407,862€326,289

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
81,66772,767299,549243,701143,69673,316193,841-26,72248,37834,81410,71235,842
76,21259,683208,919170,966102,81252,686132,427-16,15328,77521,3777,91024,252
4,6957,498107,95901,6786521,565-0004706,381
23,822-273,244116,91988,298192,2437,331135,918-14,31345,384-8,05927,272-4,771-
609,728616,792593,078508,019371,213290,621238,586107,72479,25263,09934,32331,91024,471
71.8%67.1%74.8%63.2%65.9%71.2%63.6%50.5%67.8%76.6%54.6%70.2%53.2%
3.302.793.542.722.923.472.742.023.114.262.193.272.01
0.390.490.340.580.520.400.570.980.470.310.830.420.88
7.5%5.2%29.0%33.5%27.2%17.9%55.0%26.4%20.3%44.9%59.0%17.4%75.9%
5.4%3.5%21.7%21.1%17.9%12.7%35.0%13.3%13.8%34.4%32.2%12.2%40.4%
over 100over 100over 100over 100---------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date8865
full-time7654
part-time1211
in full-time equivalents7.87.15.54.5
76.15.53.5
On a permanent contract8865
Joined2242
Left2030
Training hours5648-12

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€4,695€7,498€107,959-
€25,356€22,900€7,334€776

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Public contracts

2 awards · 2024 to 2025
RAAMOVEREENKOMST VOOR DE ONTWIKKELING EN ONDERSTEUNING VAN BURGERPARTICIPATIE: DIGITAAL PLATFORM EN PARTICIPATIEPROCESSEN MET ONDERSTEUNENDE DIENSTVERLENING: CSMRTBUR25 - 1
buyer: CIPAL DVIT servicesawarded 27-10-2025€5.0m2 tendersTED 713046-2025
Voor de levering van diensten met betrekking tot de ontwikkeling van een digitale tool in het kader van Lokaal Signaal.
buyer: Vereniging van Vlaamse Steden en GemeentenIT servicesawarded 31-01-2024€249,9804 tendersTED 253894-2024

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on TREE

The operating result for 2025 is 13% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 32.9% to 28.2%. Equity and debt are lower.

Board & ownership

Board

2 directors, last change in 2024
Erwin Berghmans
Director (not named in the articles)
appointed by deed of 08-01-2024 term without a fixed end
earlier manager, until 08-01-2024
listed in the 2025 annual accounts, filed on 30-01-2026
Michiel Nuytemans
Director (not named in the articles)
appointed by deed of 08-01-2024 term without a fixed end
earlier manager, until 08-01-2024
listed in the 2025 annual accounts, filed on 30-01-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 14. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 08-01-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Erwin Berghmans
Director (not named in the articles)
Michiel Nuytemans
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Erwin Berghmans
    • Director (not named in the articles), since before 30-06-2022
    • Manager, until 08-01-2024
  • Michiel Nuytemans
    • Director (not named in the articles), since before 30-06-2022
    • Manager, until 08-01-2024

See the board, name and registered office on a given date →

Control

Shareholders
BERGHMANS Erwin, NUYTEMANS Michiel
This company
TREE
Equity €674,849
Profit €50,856 in 2025

Capital

Contribution
€8,460
Source
2025 annual accounts

Articles of association

deed of 08-01-2024 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Algemene kosten, los van representatie-, reis- en verplaatsingskosten, algemene vergadering beslist kosteloos of niet”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of December at 20:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Bevoegdheden en vergoeding, algemene vergadering kan een of meerdere vereffenaars aanduiden”

Shareholders

Stated in the deed deed of 26-11-2025 ↗

Network & group

No group

TREE has no parent and no holdings in its annual accounts. TREE shares no director with another company.

At the same address

Jozef Hermanslei 45, 2640 Mortsel · 1 other company
VONK MJ
registered office since 27-12-2023 · founded in 2023
 total assets €105,986 (2025)
1003.960.193

Timeline

Timeline

23 events since 2011

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 1 day before the deadline
2025
Amendment of the articlesBERGHMANS Erwin holds 5,000 shares · NUYTEMANS Michiel holds 5,000 shares · General meeting of 21-11-20256 points ▸
  • General meeting, 21-11-2025
  • BERGHMANS Erwin holds 5,000 shares, mentioned twice in the deed
  • NUYTEMANS Michiel holds 5,000 shares, mentioned twice in the deed
  • Auditor report, 07-10-2024
  • Amendment of the articles, article 5
  • Power of attorney, Rebecca Loontiens
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Registered in the Peppol Directory Reachable for e-invoices through 0208:0840111951
Annual accounts 2024 filed PDFabbreviated format · on the deadline day
2024
Annual accounts 2023 filed PDFabbreviated format · 2 days before the deadline
Legal-form change · Resignations & appointmentsChanges of role: Erwin Berghmans (director) and Michiel Nuytemans (director) · Legal-form conversion: to private limited company · Director discharge: Erwin Berghmans · General meeting of 27-12-202310 points ▸
  • General meeting, 27-12-2023
  • Incorporation, 04-10-2011
  • Legal-form conversion, to private limited company
  • Director resignation, Erwin Berghmans (manager)
  • Director resignation, Michiel Nuytemans (manager)
  • Director appointment, Erwin Berghmans (director (not named in the articles))
  • Director appointment, Michiel Nuytemans (director (not named in the articles))
  • Director discharge, Erwin Berghmans
  • Director discharge, Michiel Nuytemans
  • Registered office clause, Jozef Hermanslei 45, 2640 Mortsel
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2023
Highest result from 2013 to 2025 net €201,585 ▲18.4% The operating result of €292,215 and the net result of €201,585 are both a record.
Annual accounts 2022 filed PDFmicro format · 1 day before the deadline
2022
Equity above €500,000 equity €508,768 ▲36.5% With a profit in every financial year since 2013, equity grows to €508,768.
Annual accounts 2021 filed PDFmicro format · 3 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 17 days before the deadline
2019
Equity above €200,000 equity €239,629 ▲122% With a profit in every financial year since 2013, equity grows to €239,629.
Annual accounts 2018 filed PDFmicro format · 17 days before the deadline
2018
Equity above €100,000 equity €107,724 ▲35.9% With a profit in every financial year since 2013, equity grows to €107,724.
Annual accounts 2017 filed PDFmicro format · 7 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 15 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 2 days late
2014
Annual accounts 2014 filed PDFabbreviated format · 40 days before the deadline
Weakest financial year net €5,794 ▼72.2% The net result drops to €5,794, the lowest from 2013 to 2025. It recovers the following year.
Annual accounts 2013 filed PDFabbreviated format · 25 days late
2011
Incorporation PDFpublished on 20-10-2011
First establishment Jozef Hermanslei 45, Mortsel

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 4 October 2011, TREE was incorporated.1 Total assets went from €376,699 in 2019 to €939,757 in 2025 and headcount from 0.3 to 7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0840.111.951
VAT number
BE 0840.111.951
Peppol ID
0208:0840111951
Other Peppol ID
9925:BE0840111951
Legal form
Private limited company
Status
Active, normal situation
Founded
04-10-2011
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of December at 20:00
deed of 08-01-2024 (in Dutch)
Peppol
Reachable since 22-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TREE in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
62100 Computer programming main activity
Social security (RSZ) activities
62200 Computer consultancy and computer facilities management main activity
Joint committees annual accounts 30-06-2025
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
62010 Computer programming, consultancy and related activities main activity
Social security (RSZ) activities
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het ontwikkelen,installeren,onderhouden,herstellen,in-en uitvoeren en commercialiseren van alle hard-en…”
10 activities
  1. Het ontwikkelen,installeren,onderhouden,herstellen,in-en uitvoeren en commercialiseren van alle hard-en software(toepassingen),computerbeheersystemen en databanken
  2. De uitbating van een mechanografisch bureau en een studie-en adviesbureau inzake automatisering en administratieve organisatie
  3. Het verlenen van alle technische bijstand en dienstverlening,de delegatie van gespecialiseerd personeel en de informatie-en gegevensverwerking voor derden
  4. Het inrichten en verstrekken van alle cursussen,seminaries en opleidingen inzake automatisering en computertoepassingen
  5. Het uitgeven van alle vakliteratuur dienaangaande
  6. Activiteiten en ondersteunende activiteiten op het gebied van informatiedragers en media
  7. Onderzoek en ontwikkelingswerk op sociaalwetenschappelijk gebied
  8. Het maken van foto's voor bedrijven en particulieren:portretfotografie;mode-en reclamefotografie;fotografie ten behoeve van uitgeverijen,toeristische doeleinden,bemiddelaars in onroerende goederen enzovoort
  9. Activiteiten van persfotografen
  10. Productie en activiteiten van bioscoopfilms,televisiefilms,video's,televisieprogramma's en audio alsook distributie,vertoning en reproductie van opgenomen media
deed of 08-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Jozef Hermanslei 45 registered office 2640 Mortsel 04-10-2011 2.204.267.491

Buildings and parcels at the address

Ground area
204 m²
Buildings
88 m²
Volume, LiDAR
813 m³
Tallest building
12.9 m
Buildings to scale, each on its own parcel
88 m², 12.9 m 88 m², 12.9 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11513C0005/00B005204 m² 1 · 88 m² 12.9 m · 4

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