TREEHOUSE
InactiveFrom the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2025, full format
2025 annual accounts filed late (165 days) Filed on 15 July 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00297632.
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 15-07-2026
- Format
- full format
- Reference
- 2026-00297632
Turnover
≈ €8,100
Estimated: probably between €3,400 and €20,000
EBIT margin
Not included in this filing
Net result
€955
2024 · -€9,169
Working capital
-€442,217▲ 0.2%
2024 · -€443,172
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €1,199 after a loss of €8,555 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.001m
2025
Net result€0.001m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.1m
2025
Equity-€1.0m
2025
Debt€1.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.4m
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.03m-€0.008m▼ 76.4%-€0.03m-€0.03m▲ 8.4%-€0.004m▲ 85.5%-€0.009m▼ 123%€0.001m
Net result€0.03m-€0.004m▼ 86.7%-€0.1m-€0.03m▲ 75.7%-€0.003m▲ 88.4%-€0.009m▼ 166%€0.001m
Equity-€0.8m--€0.8m▲ 0.5%-€0.9m▼ 14.9%-€1.0m▼ 3.1%-€1.0m▼ 0.4%-€1.0m▼ 0.9%-€1.0m▲ 0.1%
Total assets€0.3m-€0.3m▲ 0.8%€0.3m▼ 1.9%€0.2m▼ 42.0%€0.1m▼ 1.5%€0.1m▼ 8.5%€0.1m▼ 2.0%
Debt€1.1m-€1.1m▼ 0.2%€1.2m▲ 10.8%€1.1m▼ 6.6%€1.1m▲ 0.1%€1.1m▼ 0.3%€1.1m▼ 0.3%
Working capital-€0.4m--€0.3m▲ 7.1%-€0.4m▼ 25.5%-€0.4m▼ 2.2%-€0.4m▼ 0.8%-€0.4m▼ 2.2%-€0.4m▲ 0.2%
Staff (FTE)000
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134,254
Fixed assets
€1,202 =
Current assets
€133,052 ▼ 2.1%
Equity and liabilities
Equity-€991,015
Debt€1.1m
Equity is negative: debt (€1.1m) exceeds the balance-sheet total (€134,254).
Key figures and ratios
Solvency
-738.2%▼
2024 · -723.8%
Current ratio
0.23▼
2024 · 0.23
ROA
0.7%▲
2024 · -6.7%
Debt ≤ 1 year
€575,269▼
2024 · €579,016
Debt > 1 year
€550,000=
2024 · €550,000
Income taxes
€141▲
2024 · €114
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,003 | €21,003 | €21,003 | €21,003 | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €348 | €348 | €3,647 | €0 | ▼ 100% |
| Gross operating margin9900 | €53,567 | €28,728 | -€7,433 | -€5,201 | -€3,495 | -€4,908 | €1,199 | - |
| Operating profit (loss)9901 | €31,919 | €7,541 | -€28,985 | -€26,552 | -€3,843 | -€8,555 | €1,199 | - |
| Financial income75/76B | - | - | - | - | €3,381 | €0 | - | - |
| Recurring financial income75 | - | €21 | - | - | €3,381 | €0 | - | - |
| Non-recurring financial income76B | - | - | - | - | €3,381 | €0 | - | - |
| Financial charges65/66B | - | - | - | €3,211 | €2,877 | €500 | €104 | ▼ 79.3% |
| Recurring financial charges65 | €2,051 | €3,445 | €3,198 | €3,211 | €1,267 | €500 | €104 | ▼ 79.3% |
| Non-recurring financial charges66B | - | - | - | - | €1,610 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €29,868 | €4,117 | -€122,832 | -€29,763 | -€3,339 | -€9,054 | €1,095 | - |
| Income taxes67/77 | €181 | €170 | €133 | €124 | €114 | €114 | €141 | ▲ 23.2% |
| Profit (loss) for the period9904 | €29,687 | €3,947 | -€122,966 | -€29,886 | -€3,453 | -€9,169 | €955 | - |
| Profit (loss) for the period to be appropriated9905 | €25,786 | €9 | -€122,966 | -€29,886 | -€3,453 | -€9,169 | €955 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 2.0% |
| Fixed assets21/28 | €0.08m | €0.06m | €0.02m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Tangible fixed assets22/27 | €0.06m | €0.04m | €0.02m | - | - | - | - | - |
| Financial fixed assets28 | €0.02m | €0.02m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 2.1% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 2.0% |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Other amounts receivable41 | - | - | - | €0.002m | €0.003m | €0.003m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €353 | €0.001m | €0.1m | €0.02m | €0.01m | €0.002m | €0.002m | ▼ 4.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 2.0% |
| Equity10/15 | -€0.8m | -€0.8m | -€0.9m | -€1.0m | -€1.0m | -€1.0m | -€1.0m | ▲ 0.1% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Issued capital100 | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Other1319 | - | - | - | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.9m | -€0.9m | -€1.0m | -€1.0m | -€1.0m | -€1.0m | -€1.0m | ▲ 0.1% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.2m | €1.1m | €1.1m | €1.1m | €1.1m | ▼ 0.3% |
| Amounts payable after more than one year17 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Financial debts170/4 | - | - | - | - | €0.6m | €0.6m | €0.6m | = |
| Other amounts payable178/9 | - | - | - | €0.6m | - | - | - | - |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.7m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.6% |
| Trade debts44 | €0.005m | €0.004m | €0.002m | €0.002m | €0.004m | €0.001m | €0.003m | ▲ 131% |
| Suppliers440/4 | - | - | - | €0.002m | €0.004m | €0.001m | €0.003m | ▲ 131% |
| Taxes, remuneration and social security45 | - | - | - | €257 | €372 | €0.003m | €255 | ▼ 90.9% |
| Taxes450/3 | - | - | - | €257 | €372 | €0.003m | €255 | ▼ 90.9% |
| Other amounts payable47/48 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | €437 | €247 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,687 | €3,947 | -€122,966 | -€29,886 | -€3,453 | -€9,169 | €955 | - |
| + Depreciation and write-downs630 | €21,003 | €21,003 | €21,003 | €21,003 | €0 | - | - | - |
| Operating cash flow (approximation) | €50,690 | €24,950 | -€101,963 | -€8,883 | -€3,453 | -€9,169 | €955 | - |
| Investment in fixed assets (approximation) | - | €0 | €16,286 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €735 | €107,429 | -€90,359 | -€6,009 | -€9,674 | -€104 | ▲ 98.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | full format | 15-07-2026 | 2026-00297632 | NBB |
| 30-06-2024 | abbreviated format | 29-01-2025 | 2025-00016918 | |
| 30-06-2023 | abbreviated format | 15-01-2024 | 2024-00002262 | |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00019859 | |
| 30-06-2021 | abbreviated format | 23-02-2022 | 2022-06200343 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-03300571 | |
| 30-06-2019 | abbreviated format | 31-01-2020 | 2020-03800531 | |
| 30-06-2018 | abbreviated format | 06-02-2019 | 2019-04700487 | |
| 30-06-2016 | abbreviated format | 13-12-2017 | 2017-72100510 | |
| 30-06-2015 | abbreviated format | 25-02-2016 | 2016-05200234 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.