Losses
-€40,659 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
TREE TIME
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €59,550 (2021)
€20,917▲ €44,711
lowest -€37,232 (2024)
-€3,427▲ €33,804
peak €189,894 (2023)
€153,776▲ 0.7%
€76,460▲ 28.4%
peak 0.5 FTE (2013)
-not published
Board1 name since 2004
1 directorVERBEEK Wouter
Documentsfilings and deeds
08-12-20258 days late
2025micro format
Gross margin from -€23,794 to €20,917Loss of €3,427Debts from €59,542 to €76,460
Key points
from the 2025 annual accountsChecked score
93
Excellent
Financially stronger than 48% of micro companies in crop and animal production (NACE 01)
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 5,696 companies (NACE 01, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
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: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025highest value
01-2026: 0.1%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
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 strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 08-12-2025)
lowers risk
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Liquidity: current ratio 2.55, cash €29,548
Size: total assets €230,236
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 01, micro). It does better than 77% of them on solvency, 55% on liquidity, 19% on profitability and 39% 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 30-04-2025.
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, 12,322 companies had the same profile as TREE TIME has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TREE TIME 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.
| 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 12,322 companies, not a prediction for TREE TIME. 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 €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.55 (2.93 in 2024), above the usual 1.5. Short-term debt is 33.2% and cash 12.8% of total assets. 33.2% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 8 days late
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 08-12-2025, 8 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
8 days late
2024
1 day late
2023
on the day
2022
2 days early
2021
8 days early
2020
4 days early
2019
4 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 1 day before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-04-2026 is due by 30-11-2026. Nothing is late today. The company usually files around 30 November (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-04-2026 year end09-11-2026 today30-11-2026 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0865592663
Change of role: VERBEEK Wouter, from manager to director
Director discharge: VERBEEK Wouter · General meeting of 10-03-2022 · Gazette deed
Incorporation
published on 14-06-2004 · Gazette deed
First establishment
Bampsstraat 82, Herk-de-Stad
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TREE TIME Herk-de-Stad | €230,236 | €20,917 | 66.8% | - |
| De Roses et d'Autres Tellin | €186,497 | €17,829 | 13.6% | - |
| HOEBENSCHOT Kasterlee | €288,328 | €23,321 | -22.6% | - |
| GREEN-MAN Court-Saint-Etienne | €156,235 | €21,792 | 90.9% | - |
| BOOMKWEKERIJ VANOPLYNES Poperinge | €163,587 | €31,610 | 54.0% | - |
| BUSSY Watermael-Boitsfort | €152,202 | €24,580 | 58.5% | - |
| WILLY DE NYS Wetteren | €217,939 | €23,347 | 55.9% | - |
These companies have the same main activity as TREE TIME: crop and animal production, hunting and related service activities (NACE 01301). They are comparable in size and age: total assets between €152,000 and €288,000, founded between 1994 and 2004.
Official details
Source: KBO- Status
- Active since 03-06-2004Normal situation
- Activity
- Crop and animal production, hunting and related service activitiesNACE 01301
- Establishment unit
- 2.137.396.4833540 Herk-de-Stad, since 13-05-2004
- Financial year end
- 30 April
- Peppol
- Reachable since 19-11-2025
Insights on TREE TIME
TREE TIME files the micro format. That format states no turnover. The gross margin rose from €16,921 in 2007 to €20,917 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TREE TIME
- What is the company number of TREE TIME?
- The company number of TREE TIME is 0865.592.663. The VAT number is the same number with BE in front: BE 0865.592.663.
- Where is TREE TIME based?
- The registered office is at Bampsstraat 82, 3540 Herk-de-Stad.Company details
- What does TREE TIME do?
- According to the KBO register, the main activity is crop and animal production, hunting and related service activities (NACE 01301).
- What is the legal form of TREE TIME?
- TREE TIME is a private limited company (BV).
- When was TREE TIME founded?
- TREE TIME was founded on 03-06-2004.
- Is TREE TIME still active?
- Yes, TREE TIME is an active enterprise in the KBO register.
- How many employees does TREE TIME have?
- TREE TIME had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TREE TIME?
- The turnover in financial year 2025 is ≈ €78,000. This figure is estimated from the gross margin of €20,917 and 33 comparable companies (NACE 01). It probably lies between €37,000 and €180,000. It is a rough estimate.
- Is TREE TIME profitable?
- In financial year 2025, TREE TIME made a loss of €3,427.
- Where can I find the annual accounts of TREE TIME?
- TREE TIME filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TREE TIME due?
- TREE TIME must file the annual accounts for financial year 2026 by 30-11-2026.Timeline
Next steps
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