Tree Development
ActiveSummary
Tree Development has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,201 and a net result of €13,640. Its solvency ranks better than 34% of 16,933 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €17,091 after a loss of €3,439 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €387 | €520 | ▲ 34.2% |
| Gross operating margin9900 | -€3,051 | €17,611 | - |
| Operating profit (loss)9901 | -€3,439 | €17,091 | - |
| Financial charges65/66B | - | €50 | - |
| Recurring financial charges65 | - | €50 | - |
| Profit (loss) for the period before taxes9903 | -€3,439 | €17,041 | - |
| Income taxes67/77 | - | €3,400 | - |
| Profit (loss) for the period9904 | -€3,439 | €13,640 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,439 | €13,640 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €286 | €107,633 | ▲ 37,568% |
| Current assets29/58 | €286 | €107,633 | ▲ 37,568% |
| Stocks and contracts in progress3 | - | €82,460 | - |
| Contracts in progress37 | - | €82,460 | - |
| Amounts receivable within one year40/41 | €118 | €17,972 | ▲ 15,087% |
| Trade receivables40 | - | €185 | - |
| Other amounts receivable41 | €118 | €17,787 | ▲ 14,930% |
| Cash at bank and in hand54/58 | €167 | €7,201 | ▲ 4,202% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €286 | €107,633 | ▲ 37,568% |
| Equity10/15 | -€1,439 | €12,201 | - |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | - | €10,201 | - |
| Distributable reserves133 | - | €10,201 | - |
| Profit (loss) carried forward14 | -€3,439 | - | - |
| Amounts payable17/49 | €1,724 | €95,432 | ▲ 5,434% |
| Amounts payable after more than one year17 | - | €90,000 | - |
| Financial debts170/4 | - | €90,000 | - |
| Amounts payable within one year42/48 | €1,724 | €5,432 | ▲ 215% |
| Trade debts44 | - | €250 | - |
| Suppliers440/4 | - | €250 | - |
| Taxes, remuneration and social security45 | - | €3,400 | - |
| Taxes450/3 | - | €3,400 | - |
| Other amounts payable47/48 | €1,724 | €1,781 | ▲ 3.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,439 | €13,640 | - |
| Operating cash flow (approximation) | -€3,439 | €13,640 | - |
| Change in cash | - | €7,034 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00356192 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00328289 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.