Treelight

Active

Private limited companyfounded 20206 yrs activeVelduilstraat 10, 8400 Oostende, BelgiumKBO/BCE: BE 0750.543.636

Treelight has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99k and a net result of €58k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 16745 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Watch Print / PDF

Checked score

Score 2025

94 / 100

Excellent▲ +29 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency92▲+60

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity ample (current ratio 1.97 against 1.18 in 2024), but 52.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

47.3%

Return on assets

27.8%

Age of the figures

14 mo

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

9 d early

2024

on the day

2023

on the day

2022

55 d early

2021

60 d early

← before the deadline after the deadline →

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 months

Position in the running window

30-06-2026 close07-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€99k▲ 143%

2024 · €41k

2021: €30k 2022: €41k 2023: €41k 2024: €41k

2021 → 2025

Total assets

€210k▲ 9.2%

2024 · €192k

2021: €66k 2022: €65k 2023: €131k 2024: €192k

2021 → 2025

Net result

€58k▲ 577%

2024 · €9k

2021: €25k 2022: €11k 2023: €16k 2024: €9k

2021 → 2025

Working capital

€97k▲ 290%

2024 · €25k

2021: €5k 2022: €15k 2023: €10k 2024: €25k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€30k-€41k▲ 36.0%€41k=€41k=€99k▲ 143%

Operating result€36k-€17k▼ 51.4%€22k▲ 25.3%€16k▼ 25.5%€86k▲ 430%

Net result€25k-€11k▼ 56.8%€16k▲ 43.5%€9k▼ 44.5%€58k▲ 577%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 430% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €210k

93.7%

Fixed assets €13k▼ 51.5%

Current assets €197k▲ 19.2%

Equity and liabilities €210k

47.3%

52.7%

Equity €99k▲ 143%

Debt €111k▼ 27.0%

The debt ratio falls from 78.7% to 52.7%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€100k▲

2024 · €34k

Cash flow

€73k▲

2024 · €26k

Solvency

47.3%▲

2024 · 21.3%

Current ratio

1.97▲

2024 · 1.18

Quick ratio

1.97▲

2024 · 1.18

Debt / equity

1.11▼

2024 · 3.70

ROE

58.8%▲

2024 · 21.1%

ROA

27.8%▲

2024 · 4.5%

Interest coverage

25.41▲

2024 · 12.34

Debt

€111k▼

2024 · €151k

Debt ≤ 1 year

€100k▼

2024 · €140k

Debt > 1 year

€11k▼

2024 · €11k

Income taxes

€24k▲

2024 · €5k

Staff costs

€301k▲

2024 · €145k

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€192k€210k▲

Fixed assets21/28€27k€13k▼

Intangible fixed assets21€840€395▼

Tangible fixed assets22/27€27k€13k▼

Plant, machinery and equipment23€10k€5k▼

Furniture and vehicles24€16k€7k▼

Current assets29/58€165k€197k▲

Amounts receivable within one year40/41€50k€141k▲

Trade receivables40€20k€96k▲

Other amounts receivable41€31k€46k▲

Cash at bank and in hand54/58€114k€55k▼

Deferred charges and accrued income490/1€1k-

Equity and liabilities

Total equity and liabilities10/49€192k€210k▲

Equity10/15€41k€99k▲

Contributions10/11€5k€5k=

Reserves13€36k€36k=

Distributable reserves133€36k€36k=

Profit (loss) carried forward14-€58k

Amounts payable17/49€151k€111k▼

Amounts payable after more than one year17€11k€11k▼

Financial debts170/4€11k€11k▼

Amounts payable within one year42/48€140k€100k▼

Current portion of amounts payable after more than one year42€13k€19k▲

Financial debts43€4k-

Other loans439€4k-

Trade debts44€112k€72k▼

Suppliers440/4€112k€72k▼

Taxes, remuneration and social security45-€9k

Taxes450/3-€9k

Other amounts payable47/48€11k-

Income statement Code20242025

Non-recurring operating income76A€4k€4k▲

Remuneration, social security and pensions62€145k€301k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€14k▼

Other operating charges640/8€1k€2k▲

Gross operating margin9900€180k€402k▲

Operating profit (loss)9901€16k€86k▲

Financial income75/76B€4€998▲

Recurring financial income75€4€998▲

Financial charges65/66B€3k€4k▲

Recurring financial charges65€3k€4k▲

Profit (loss) for the period before taxes9903€13k€83k▲

Income taxes67/77€5k€24k▲

Profit (loss) for the period9904€9k€58k▲

Profit (loss) for the period to be appropriated9905€9k€58k▲

Appropriation of the result

Profit (loss) to be appropriated9906€9k€58k▲

Profit to be distributed694/7€9k-

Return on contributions (dividend)694€9k-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

22-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-06

Financial Highest result since 2021net €58k ▲577%

Operating result €86k, net result €58k, both a record.

31-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Weakest financial yearnet €9k ▼44.5%

Net result drops to €9k, the lowest in the series; recovery starts the following year.

31-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2022

07-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2021

02-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.