Skip to content

Treescape

Active
Private limited companyfounded 20233 yrs activeHeibraak 6A, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0795.667.640
Summary

The computed 12-month bankruptcy probability of Treescape is 3.7% (moderate). The 2024 annual accounts show negative equity (-€432) and a net result of €5,064. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability91▲+85
Solvency23▲+19
Growth78
Track record94
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 0.18 in 2023; short-term debt: 89.9% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
-1.5%
Return on assets
18.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
46 d early
2024
42 d early
2023
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 3 January 2023, Treescape was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€432▲ 92.1%
2023 · -€5,496
Total assets
€27,997▲ 6.4%
2023 · €26,302
Net result
€5,064
2023 · -€6,496
Working capital
-€13,742▲ 25.2%
2023 · -€18,360
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€5,337-€6,413
Net result-€6,496below the sector's middle half-€5,064within the sector's middle half
Equity-€5,496below the sector's middle half--€432below the sector's middle half▲ 92.1%
Total assets€26,302below the sector's middle half-€27,997below the sector's middle half▲ 6.4%
Debt€31,799-€28,429▼ 10.6%
Working capital-€18,360below the sector's middle half--€13,742below the sector's middle half▲ 25.2%
Solvency-20.9%below the sector's middle half--1.5%below the sector's middle half▲ 19.4pp
Current ratio0.18below the sector's middle half-0.45below the sector's middle half▲ 0.28
Return on assets (ROA)-24.7%below the sector's middle half-18.1%above the sector's middle half▲ 42.8pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2023: -€5,337-€5,337Net result 2023: -€6,496-€6,496Operating result 2024: €6,413€6,413Net result 2024: €5,064€5,06420232024-€10,000-€5,000€0€5,000Operating result 2023: -€5,337-€5,340Net result 2023: -€6,496-€6,500Operating result 2024: €6,413€6,410Net result 2024: €5,064€5,06020232024
The operating result returns to profit in 2024: €6,413 after a loss of €5,337 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27,997
Fixed assets €16,561 ▼ 25.9%
Current assets €11,436 ▲ 189%
Key figures and ratios
2024 value · change against 2023
EBITDA
€12,196▲
2023 · €839
Cash flow
€10,847▲
2023 · -€320
Interest coverage
9.03▲
2023 · 0.70
Debt ≤ 1 year
€25,178▲
2023 · €22,319
Debt > 1 year
€3,251▼
2023 · €9,479
Equity ratios withheld: equity of -€432 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,018 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.0% stopped otherwise
89% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,018 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€26,302€27,997▲
Formation expenses20€6€0▼
Fixed assets21/28€22,338€16,561▼
Tangible fixed assets22/27€22,338€16,561▼
Plant, machinery and equipment23€3,562€2,496▼
Furniture and vehicles24€18,775€14,065▼
Current assets29/58€3,959€11,436▲
Amounts receivable within one year40/41€3,696€11,089▲
Trade receivables40€3,696€11,089▲
Deferred charges and accrued income490/1€263€347▲
Equity and liabilities
Total equity and liabilities10/49€26,302€27,997▲
Equity10/15-€5,496-€432▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€6,496-€1,432▲
Amounts payable17/49€31,799€28,429▼
Amounts payable after more than one year17€9,479€3,251▼
Financial debts170/4€9,479€3,251▼
Amounts payable within one year42/48€22,319€25,178▲
Current portion of amounts payable after more than one year42€5,571€6,228▲
Financial debts43€4,685€4,424▼
Credit institutions430/8€4,685€4,424▼
Trade debts44€2,398€1,535▼
Suppliers440/4€2,398€1,535▼
Taxes, remuneration and social security45€4,253€3,089▼
Taxes450/3€2,102€3,089▲
Remuneration and social security454/9€2,151€0▼
Other amounts payable47/48€5,413€9,901▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,176€5,782▼
Other operating charges640/8€650€769▲
Gross operating margin9900€1,489€12,965▲
Operating profit (loss)9901-€5,337€6,413▲
Financial income75/76B€31€2▼
Recurring financial income75€31€2▼
Financial charges65/66B€1,191€1,351▲
Recurring financial charges65€1,191€1,351▲
Profit (loss) for the period before taxes9903-€6,496€5,064▲
Profit (loss) for the period9904-€6,496€5,064▲
Profit (loss) for the period to be appropriated9905-€6,496€5,064▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,496-€1,432▲
Profit (loss) brought forward from the previous period14P--€6,496

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,176€5,782▼ 6.4%
Other operating charges640/8€650€769▲ 18.3%
Gross operating margin9900€1,489€12,965▲ 771%
Operating profit (loss)9901-€5,337€6,413▲ 220%
Financial income75/76B€31€2▼ 93.3%
Recurring financial income75€31€2▼ 93.3%
Financial charges65/66B€1,191€1,351▲ 13.5%
Recurring financial charges65€1,191€1,351▲ 13.5%
Profit (loss) for the period before taxes9903-€6,496€5,064▲ 178%
Profit (loss) for the period9904-€6,496€5,064▲ 178%
Profit (loss) for the period to be appropriated9905-€6,496€5,064▲ 178%
Line20232024Change
Assets
Total assets20/58€26,302€27,997▲ 6.4%
Formation expenses20€6€0▼ 100%
Fixed assets21/28€22,338€16,561▼ 25.9%
Tangible fixed assets22/27€22,338€16,561▼ 25.9%
Plant, machinery and equipment23€3,562€2,496▼ 29.9%
Furniture and vehicles24€18,775€14,065▼ 25.1%
Current assets29/58€3,959€11,436▲ 189%
Amounts receivable within one year40/41€3,696€11,089▲ 200%
Trade receivables40€3,696€11,089▲ 200%
Deferred charges and accrued income490/1€263€347▲ 31.9%
Equity and liabilities
Total equity and liabilities10/49€26,302€27,997▲ 6.4%
Equity10/15-€5,496-€432▲ 92.1%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€6,496-€1,432▲ 78.0%
Amounts payable17/49€31,799€28,429▼ 10.6%
Amounts payable after more than one year17€9,479€3,251▼ 65.7%
Financial debts170/4€9,479€3,251▼ 65.7%
Amounts payable within one year42/48€22,319€25,178▲ 12.8%
Current portion of amounts payable after more than one year42€5,571€6,228▲ 11.8%
Financial debts43€4,685€4,424▼ 5.6%
Credit institutions430/8€4,685€4,424▼ 5.6%
Trade debts44€2,398€1,535▼ 36.0%
Suppliers440/4€2,398€1,535▼ 36.0%
Taxes, remuneration and social security45€4,253€3,089▼ 27.4%
Taxes450/3€2,102€3,089▲ 47.0%
Remuneration and social security454/9€2,151€0▼ 100%
Other amounts payable47/48€5,413€9,901▲ 82.9%
Line20232024Change
Profit (loss) for the period9904-€6,496€5,064▲ 178%
+ Depreciation and write-downs630€6,176€5,782▼ 6.4%
Operating cash flow (approximation)-€320€10,847▲ 3,487%
Investment in fixed assets (approximation)--€6-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €5,064
Net result €5,064 after one loss-making year.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · 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.

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, Rijkevorsel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
402 m²
Building footprint
115 m²
Volume, LiDAR
21 m³
Parcel 13037H0860/00B000, Flanders · tallest building 2.5 m. Linked by address, not a title deed.
1 establishment unit
Treescape
Heibraak 6A, 2310 RijkevorselSite preparation
since 20232.340.895.753
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13037H0860/00B000 Flanders 402 m² 1 · 115 m² 2.5 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,227 companies in sector 81300 we hold annual accounts for 4,369. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded03-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
27320Manufacture of electrical equipment
43120Site preparation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795667640
Also 9925:BE0795667640
Registered 04-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.