TREEWORKER
ActiveSummary
TREEWORKER has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €47,410. Equity is growing by about 45% per year across the filed financial years. Its solvency ranks better than 79% of 5,645 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Staff
- 0.4 FTE
- Equity
- €1.1m
- Profit
- €47,410
- Largest shareholder
- DIRK VAN DE VELDE · 33.38%
- Holdings
- 1
- BOOMVERZORGING JOHAN VAN AERTDirector
- DIRK VAN DE VELDEDirector
- Johannes AlexanderDirector
Why 85raises risk1 of the last 3 lateSector: Services to buildings and landscape activities (NACE 81)Liquidity: current ratio 0.68, cash €31,633lowers riskSize: total assets €1.7mShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro): better than 78% on solvency, 44% on liquidity, 42% on profitability and 39% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 18 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €47,410
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €53,363 after a loss of €18,416 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 10,904 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €3,022 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,162 | €21,895 | €68,248 | ▲ 212% |
| Other operating charges640/8 | €493 | €505 | €2,698 | ▲ 434% |
| Gross operating margin9900 | €30,158 | €3,984 | €127,330 | ▲ 32× |
| Operating profit (loss)9901 | €3,502 | -€18,416 | €53,363 | - |
| Financial income75/76B | - | €52 | €5 | ▼ 90.3% |
| Recurring financial income75 | - | €52 | €5 | ▼ 90.3% |
| Financial charges65/66B | €1,158 | €834 | €4,404 | ▲ 428% |
| Recurring financial charges65 | €1,158 | €834 | €4,404 | ▲ 428% |
| Profit (loss) for the period before taxes9903 | €2,344 | -€19,198 | €48,964 | - |
| Income taxes67/77 | €637 | €0 | €1,554 | - |
| Profit (loss) for the period9904 | €1,707 | -€19,198 | €47,410 | - |
| Profit (loss) for the period to be appropriated9905 | €1,707 | -€19,198 | €47,410 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.3m | €1.2m | €1.7m | ▲ 34.3% |
| Fixed assets21/28 | €0.1m | €1.1m | €1.5m | ▲ 32.3% |
| Intangible fixed assets21 | - | €0.9m | €0.9m | = |
| Tangible fixed assets22/27 | €0.1m | €0.2m | €0.3m | ▲ 18.4% |
| Plant, machinery and equipment23 | €0.1m | €0.2m | €0.2m | ▼ 4.1% |
| Furniture and vehicles24 | €340 | €0.04m | €0.08m | ▲ 129% |
| Financial fixed assets28 | €0.003m | €0.006m | €0.3m | ▲ 54× |
| Current assets29/58 | €0.2m | €0.1m | €0.2m | ▲ 52.5% |
| Amounts receivable within one year40/41 | €0.05m | €0.07m | €0.1m | ▲ 95.2% |
| Trade receivables40 | €0.004m | €0.03m | €0.07m | ▲ 175% |
| Other amounts receivable41 | €0.05m | €0.05m | €0.07m | ▲ 49.7% |
| Cash at bank and in hand54/58 | €0.1m | €0.05m | €0.03m | ▼ 33.5% |
| Deferred charges and accrued income490/1 | €0.001m | €0.001m | €0.01m | ▲ 872% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.3m | €1.2m | €1.7m | ▲ 34.3% |
| Equity10/15 | €0.1m | €1.1m | €1.1m | ▲ 2.0% |
| Contributions10/11 | €0.001m | €1.0m | €1.0m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | = |
| Distributable reserves133 | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | €0 | -€0.02m | €0.003m | - |
| Amounts payable17/49 | €0.1m | €0.1m | €0.5m | ▲ 322% |
| Amounts payable after more than one year17 | €0.01m | €0 | €0.2m | - |
| Financial debts170/4 | €0.01m | €0 | €0.2m | - |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.3m | ▲ 122% |
| Current portion of amounts payable after more than one year42 | €0.005m | €0 | €0.03m | - |
| Financial debts43 | €0.02m | €0.02m | €152 | ▼ 99.0% |
| Credit institutions430/8 | €0.02m | €0.02m | €152 | ▼ 99.0% |
| Other loans439 | €0.002m | €0 | - | - |
| Trade debts44 | €0.1m | €0.1m | €0.2m | ▲ 45.5% |
| Suppliers440/4 | €0.1m | €0.1m | €0.2m | ▲ 45.5% |
| Taxes, remuneration and social security45 | - | - | €0.001m | - |
| Remuneration and social security454/9 | - | - | €0.001m | - |
| Other amounts payable47/48 | €0.002m | €0.002m | €0.09m | ▲ 42× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.002m | -€0.02m | €0.05m | - |
| + Depreciation and write-downs630 | €0.03m | €0.02m | €0.07m | ▲ 212% |
| Operating cash flow (approximation) | €0.03m | €0.003m | €0.1m | ▲ 43× |
| Investment in fixed assets (approximation) | - | -€1.0m | -€0.4m | ▲ 58.7% |
| Change in cash | - | -€0.07m | -€0.02m | ▲ 75.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00362831 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00521819 |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00280288 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €116 awarded · €116 paidPublic contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Board 3
Permanent representatives 3
Other functions 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| BOOMVERZORGING JOHAN VAN AERT |
|
| DIRK VAN DE VELDE |
|
| Johannes Alexander |
|
Owners and capital
Owners
3 ownersOwners 3
-
33.38%
-
33.38%
-
33.33%
According to the 2025 annual accounts of TREEWORKER and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- Johannes Alexander (BE 1017.619.575) 313 shares · €198,440.52 · handelszaak
- Dirk Van De Velde (BE 0808.089.776) 1,088 shares · €690,693 · handelszaak
- Boomverzorging Johan Van Aert (BE 0711.939.319) 199 shares · €126,402.60 · handelszaak
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 23-01-2025 Capital stated in the deed · 2,600 shares
- 03-01-2024 Converted to unavailable equity
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2025 annual accounts of TREEWORKER and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
23-01
Gazette deed
Appointment: Johannes Alexander (nieuwe en bijkomende niet statutaire bestuurder)Permanent representative: Alexander Johannes Michaïl · Name change · Auditor report16 facts ▸
- General meeting, 24-12-2024
- Name change, TREEWORKER
- Other provision, “bijzonder verslag bestuursorgaan, waarom inbreng van belang is,waardering inbreng,vergoeding als tegenprestatie” (deed in Dutch)
- Auditor report, EUR, “artikel 5:133 WVV” (deed in Dutch)
- Other provision, “geen uitspraak over geschiktheid,opportuniteit,waardering vergoeding,rechtmatigheid en billijkheid, no fairness opinion” (deed in Dutch)
- Other provision, 17-12-2024
- Capital contribution, €198,440.52
- Power of attorney, Olga Van den Langenbergh (medewerker kantoor agora notarissen te wuustwezel en te brecht) (3 times)
- Capital contribution, €690,693
- Capital contribution, €126,402.60
- Other provision, “boekingswijze inbreng in natura” (deed in Dutch)
- Capital
- +4 further facts in this act
03-01
Gazette deed
Resignations: Boomverzorging Johan Van Aert (director) and Dirk Van De Velde (director)Appointments: Boomverzorging Johan Van Aert (director) and Dirk Van De Velde (director) · Permanent representatives: Van Aert Johan and Van de Velde Dirk Jozef Jan · Amendment of the articles19 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- Other provision, “vrijstelling voorlezing verslag bestuurders over voorstel tot omvorming, ontslaat de voorzitter van het voorlezen” (deed in Dutch)
- Other provision, “vrijstelling voorlezing verslag bedrijfsrevisor over staat van actief en passief, met algemene stemmen ontslaat de vergadering de voorzitter van het voorlezen” (deed in Dutch)
- Net-asset statement, 30-09-2023
- Auditor report, “nagaan of netto-actief is overgewaardeerd, beoordeling bestaande uit verzoeken om inlichtingen bij voor financiën en administratieve verantwoordelijke personen…” (deed in Dutch)
- Other provision, “neerlegging verslagen, tegelijk met expeditie akte” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Other provision, “ondernemingsnummer behoud”, 0518.948.614 (deed in Dutch)
- Accounting effect, 30-09-2023
- +7 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11009A0330/00V002 | Flanders | 1,408 m² | 1 · 131 m² | 14.7 m · 2 |
How the parcels are linked
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Fiscale bepalingen, artikel 115 Wetboek Registratierechten” (deed in Dutch)1 more provision in the deed, see the deed of 23-01-2025
Read from the deeds: 2 provisions, deed of 23-01-2025