Tree53
ActiveTree53 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €-27k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 2669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency76▼-16
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.79 in 2024), and 54.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.3%
Return on assets
-13.8%
Age of the figures
14 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€27k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-02-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
20 d late
2024
on the day
2023
26 d late
2022
on the day
2021
22 d late
2020
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€90k▼ 23.4%
2024 · €117k
2020: €65k
2021: €128k
2022: €154k
2023: €176k
2024: €117k
2020 → 2025
Total assets
€198k▼ 9.0%
2024 · €218k
2020: €198k
2021: €188k
2022: €205k
2023: €239k
2024: €218k
2020 → 2025
Net result
€-27k▲ 53.2%
2024 · €-59k
2020: €70k
2021: €64k
2022: €44k
2023: €22k
2024: €-59k
2020 → 2025
Working capital
€31k▼ 48.0%
2024 · €59k
2020: €55k
2021: €109k
2022: €139k
2023: €112k
2024: €59k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€154k▲ 19.6%€176k▲ 14.5%€117k▼ 33.3%€90k▼ 23.4%
Operating result€86k-€56k▼ 35.2%€32k▼ 42.1%€-57k€-26k▲ 53.8%
Net result€64k-€44k▼ 30.5%€22k▼ 49.6%€-59k€-27k▲ 53.2%
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 stays negative: a loss of €26k in 2025 against €57k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets
€77k▼ 8.9%
Current assets
€122k▼ 9.0%
Equity and liabilities €198k
Equity
€90k▼ 23.4%
Debt
€109k▲ 7.9%
The debt ratio rises from 46.2% to 54.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-11k▲
2024 · €-42k
Cash flow
€-12k▲
2024 · €-44k
Solvency
45.3%▼
2024 · 53.8%
Current ratio
1.34▼
2024 · 1.79
Quick ratio
1.34▼
2024 · 1.79
Debt / equity
1.21▲
2024 · 0.86
ROE
-30.6%▲
2024 · -50.0%
ROA
-13.8%▲
2024 · -26.9%
Interest coverage
-5.72▲
2024 · -19.06
Debt
€109k▲
2024 · €101k
Debt ≤ 1 year
€91k▲
2024 · €75k
Debt > 1 year
€17k▼
2024 · €26k
Income taxes
€68▲
2024 · €14
Staff costs
€107k▲
2024 · €103k
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€218k€198k▼
Fixed assets21/28€84k€77k▼
Tangible fixed assets22/27€47k€39k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€43k€34k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€37k€38k▲
Current assets29/58€134k€122k▼
Amounts receivable within one year40/41€77k€71k▼
Trade receivables40€34k€39k▲
Other amounts receivable41€42k€32k▼
Cash at bank and in hand54/58€55k€47k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€218k€198k▼
Equity10/15€117k€90k▼
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€62k€35k▼
Amounts payable17/49€101k€109k▲
Amounts payable after more than one year17€26k€17k▼
Financial debts170/4€26k€17k▼
Amounts payable within one year42/48€75k€91k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€57k€63k▲
Suppliers440/4€57k€63k▲
Taxes, remuneration and social security45€10k€20k▲
Taxes450/3-€10k
Remuneration and social security454/9€10k€10k▲
Accrued charges and deferred income492/3€221€335▲
Income statement
Code20242025
Remuneration, social security and pensions62€103k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€567€712▲
Gross operating margin9900€61k€97k▲
Operating profit (loss)9901€-57k€-26k▲
Financial income75/76B€700€868▲
Recurring financial income75€700€868▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-59k€-27k▲
Income taxes67/77€14€68▲
Profit (loss) for the period9904€-59k€-27k▲
Profit (loss) for the period to be appropriated9905€-59k€-27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€35k▼
Profit (loss) brought forward from the previous period14P€121k€62k▼
Social balance
Average headcount (FTE)90871.11.2▲
The notes to these accounts (9 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
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-59k ▼363%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €154k ▲19.6%
3 profitable years in a row build equity to €154k.
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-06
Financial
Liquidity doublescurrent ratio 2.83
Current ratio from 1.41 to 2.83; short-term debt falls from €134k to €60k.
30-06
Financial
Equity above €100kEq €128k ▲98%
2 profitable years in a row build equity to €128k.
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
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, Dendermonde · 1 establishment unit since 2019
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.
Steenweg van Grembergen 279200 DendermondeGround area
2,428 m²
Building footprint
297 m²
Volume, LiDAR
1,464 m³
Parcel 42007B1182/00N000, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tree53
since 20192.286.185.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42007B1182/00N000 | Flanders | 2,428 m² | 1 · 297 m² | 10.3 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.
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Of 16,811 companies in sector 62100 we hold annual accounts for 8,749. 6,925 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-02-2019
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.