TREEWORKER
TREEWORKER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €47k. Equity is growing by ~45.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 444 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €1.13M |
| Net result | €47k |
| Staff (FTE) | 0.4 |
| Better than sector | 83% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 68.3% | 38.7% | |
| Net result | €47k | €13k | |
| Equity | €1.13M | €38k | |
| Gross operating margin | €127k | €50k | |
| Staff costs | €3k | €38k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €122k | €3k | €30k |
| Net profit | €47k | €-19k | €2k |
| Cash flow | €116k | €3k | €28k |
| Staff costs | €3k | - | - |
| Income taxes | €2k | €0 | €637 |
| Dividends | €0 | €14k | - |
| Total assets | €1.65M | €1.23M | €263k |
| Equity | €1.13M | €1.10M | €122k |
| Debt | €523k | €124k | €141k |
| of which ≤ 1y | €275k | €124k | €128k |
| of which > 1y | €248k | €0 | €13k |
| Working capital | €-89k | €-2k | €37k |
| Employees (FTE) | 0.4 | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.68 | 0.99 | 1.29 |
| Quick ratio | 0.68 | 0.99 | 1.29 |
| Working capital ratio | -5.4% | -0.2% | 14.1% |
| Solvency | 68.3% | 89.9% | 46.4% |
| Debt / equity | 0.46 | 0.11 | 1.16 |
| Long-term debt ratio | 0.22 | 0.00 | 0.11 |
| Interest coverage | 27.62 | 4.17 | 25.62 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 2.9% | -1.6% | 0.6% |
| ROE | 4.2% | -1.7% | 1.4% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.65M | €1.23M | €263k |
| Fixed assets | 21/28 | €1.46M | €1.11M | €98k |
| Intangible fixed assets | 21 | €889k | €889k | - |
| Tangible fixed assets | 22/27 | €251k | €212k | €96k |
| Financial fixed assets | 28 | €324k | €6k | €3k |
| Current assets | 29/58 | €186k | €122k | €165k |
| Amounts receivable within one year | 40/41 | €143k | €73k | €51k |
| Cash & bank | 54/58 | €32k | €48k | €113k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.65M | €1.23M | €263k |
| Equity | 10/15 | €1.13M | €1.10M | €122k |
| Contributions / capital | 10/11 | €1.02M | €1.02M | €1k |
| Reserves | 13 | €107k | €107k | €121k |
| Accumulated profits (losses) | 14 | €3k | €-19k | €0 |
| Amounts payable | 17/49 | €523k | €124k | €141k |
| Amounts payable after one year | 17 | €248k | €0 | €13k |
| Amounts payable within one year | 42/48 | €275k | €124k | €128k |
| Trade debts payable within one year | 44 | €155k | €107k | €99k |
| Income statement | ||||
| Gross operating margin | 9900 | €127k | €4k | €30k |
| Operating result | 9901 | €53k | €-18k | €4k |
| Financial income | 75 | €5 | €52 | - |
| Financial charges | 65 | €4k | €834 | €1k |
| Result before taxes | 9903 | €49k | €-19k | €2k |
| Income taxes | 67/77 | €2k | €0 | €637 |
| Net result for the period | 9904 | €47k | €-19k | €2k |
| Result to be appropriated | 9905 | €47k | €-19k | €2k |
| NACE primary | Landscape service activities(81300) |
| Legal form | Private limited company(610) |
| Incorporation | 24-02-2013 |
| Status | Active |
| Postal code | 2960 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009A0330/00V002 | Flanders | 1,408 m² | 1 · 131 m² | 14.7 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-01-2025 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Marnix DE SADELEER",
"firm_city": null,
"firm_name": null,
"office_city": "Brecht",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-01-23",
"filing_date": "2025-01-21",
"act_kind_objet": "BENAMING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-12-24",
"unanimous": true
},
"agm_change": {
"new_schedule": null,
"old_schedule": null,
"effective_from_year": null,
"rule_changes_summary": "Artikel 1 van de statuten is aangepast om de naam van de vennootschap te wijzigen in \u0027TREEWORKER\u0027."
},
"detected_kind": "agm_rescheduling",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0518.948.614",
"name_full": "Van De Velde \u0026 Van Aert",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "AGORA Notarissen",
"person_name": "Olga Van den Langenbergh",
"org_rep_person_name": "Olga Van den Langenbergh"
},
"co_filed_documents": [
"Geco\u00F6rdineerde statuten"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "secretaris_adjoint",
"organ": "raad_van_bestuur",
"person_name": "Alexander Johannes Micha\u00EFl"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}03-01-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Marnix De Sadeleer",
"firm_city": null,
"firm_name": null,
"office_city": "Brecht",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-03",
"filing_date": "2023-12-29",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), WIJZIGING RECHTSVORM"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-21",
"unanimous": null
},
"agm_change": null,
"detected_kind": "fusion_completed",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0518.948.614",
"name_full": "Van De Velde \u0026 Van Aert",
"legal_form": "Vennootschap onder firma"
},
"accounts_deposit": {
"filing_kind": null,
"fiscal_year_end": "2023-09-30",
"filing_reference": null
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"afschrift der akte",
"geco\u00F6rdineerde statuten",
"verslag bestuurders",
"verslag bedrijfsrevisor",
"volmachten"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | TREEWORKER |