Tree Energy Solutions Belgium
The computed 12-month bankruptcy probability of Tree Energy Solutions Belgium is 0.9% (low). The 2024 annual accounts show negative equity (€-14.07M) and a net result of €-445k. Equity is shrinking by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 304 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-14.07M |
| Net result | €-445k |
| Staff (FTE) | 23.7 |
| Better than sector | 5% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -91.1% | 36.1% | |
| Net result | €-445k | €14k | |
| Equity | €-14.07M | €89k | |
| Gross operating margin | €7.05M | €74k | |
| Staff costs | €5.98M | €186k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €1.07M |
| Net profit | €-445k |
| Cash flow | €-271k |
| Staff costs | €5.98M |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €15.45M |
| Equity | €-14.07M |
| Debt | €29.52M |
| of which ≤ 1y | €3.05M |
| of which > 1y | €26.27M |
| Working capital | €11.44M |
| Employees (FTE) | 23.7 |
| 2024 | |
|---|---|
| Current ratio | 4.75 |
| Quick ratio | 4.75 |
| Working capital ratio | 74.0% |
| Solvency | -91.1% |
| Debt / equity | -2.10 |
| Long-term debt ratio | -1.87 |
| Interest coverage | 0.80 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.9% |
| ROE | 3.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €15.45M |
| Fixed assets | 21/28 | €963k |
| Intangible fixed assets | 21 | €616k |
| Tangible fixed assets | 22/27 | €340k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €14.49M |
| Amounts receivable within one year | 40/41 | €13.12M |
| Cash & bank | 54/58 | €558k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €15.45M |
| Equity | 10/15 | €-14.07M |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €-14.09M |
| Amounts payable | 17/49 | €29.52M |
| Amounts payable after one year | 17 | €26.27M |
| Amounts payable within one year | 42/48 | €3.05M |
| Trade debts payable within one year | 44 | €629k |
| Income statement | ||
| Gross operating margin | 9900 | €7.05M |
| Operating result | 9901 | €897k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €1.34M |
| Result before taxes | 9903 | €-440k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €-445k |
| Result to be appropriated | 9905 | €-445k |
-
Marco AlveràDirectorState Gazette act 22147204 (13-12-2022)Current10-11-2022 → present
-
Yves VercammenDirectorState Gazette act 22147204 (13-12-2022)Current10-11-2022 → present
Former directors (1)
-
Symvoulon BVLegal entityDirector· perm. rep.: Paulus Quirinus Jacobus van PoeckeState Gazette act 22147204 (13-12-2022)Former- → 10-11-2022
| NACE primary | Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 02-08-2021 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0081/00E003 | Flanders | 6,679 m² | 1 · 1,464 m² | 31.3 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-08-2025 Griet Helsen appointed as statutory auditor
- Griet Helsen, Commissaris
Technical details
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}09-10-2024 Mélanie Adorante appointed as statutory auditor
- Mélanie Adorante, Commissaris
Technical details
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}03-09-2024 Mélanie Adorante appointed as statutory auditor
- Mélanie Adorante, Commissaris
Technical details
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}13-12-2022 2 directors appointed, 1 resigning
- Marco Alverà, Bestuurder
- Yves Vercammen, Bestuurder
- Paulus Quirinus Jacobus van Poecke, Bestuurder
Technical details
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}| Legal nameNL | Tree Energy Solutions Belgium |
| AbbreviationNL | TES Belgium |