TUINCENTRUM SECO
ActiveTUINCENTRUM SECO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €900k and a net result of €174k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 9625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+1
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 5.54 against 3.98 in 2023; short-term debt: 14.9% and cash: 60.2% of total assets), and 25.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.8%
Return on assets
14.4%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d late
2022
31 d late
2021
31 d early
2020
18 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€900k▲ 15.6%
2023 · €778k
2018: €410k
2019: €462k
2020: €529k
2021: €618k
2022: €687k
2023: €778k
2018 → 2024
Total assets
€1.20M▲ 5.2%
2023 · €1.14M
2018: €721k
2019: €782k
2020: €888k
2021: €955k
2022: €1.04M
2023: €1.14M
2018 → 2024
Net result
€174k▲ 9.1%
2023 · €159k
2018: €68k
2019: €52k
2020: €135k
2021: €148k
2022: €117k
2023: €159k
2018 → 2024
Working capital
€814k▲ 19.6%
2023 · €681k
2018: €359k
2019: €416k
2020: €474k
2021: €572k
2022: €602k
2023: €681k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€529k-€618k▲ 16.9%€687k▲ 11.1%€778k▲ 13.3%€900k▲ 15.6%
Operating result€193k-€216k▲ 12.0%€166k▼ 23.2%€230k▲ 38.7%€258k▲ 12.3%
Net result€135k-€148k▲ 9.4%€117k▼ 21.0%€159k▲ 36.5%€174k▲ 9.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.20M
Fixed assets
€209k▼ 10.6%
Current assets
€994k▲ 9.3%
Equity and liabilities €1.20M
Equity
€900k▲ 15.6%
Debt
€304k▼ 17.0%
The debt ratio falls from 32.0% to 25.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€286k▲
2023 · €257k
Cash flow
€201k▲
2023 · €186k
Solvency
74.8%▲
2023 · 68.0%
Current ratio
5.54▲
2023 · 3.98
Quick ratio
4.85▲
2023 · 3.43
Debt / equity
0.34▼
2023 · 0.47
ROE
19.3%▼
2023 · 20.5%
ROA
14.4%▲
2023 · 13.9%
Interest coverage
19.07▼
2023 · 44.31
Debt
€304k▼
2023 · €365k
Debt ≤ 1 year
€179k▼
2023 · €228k
Debt > 1 year
€124k▼
2023 · €137k
Income taxes
€75k▲
2023 · €68k
Staff costs
€89k▼
2023 · €92k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.14M€1.20M▲
Fixed assets21/28€234k€209k▼
Tangible fixed assets22/27€233k€208k▼
Land and buildings22€192k€169k▼
Plant, machinery and equipment23€3k€2k▼
Other tangible fixed assets26€38k€37k▼
Financial fixed assets28€1k€1k▲
Current assets29/58€909k€994k▲
Stocks and contracts in progress3€124k€124k▼
Stocks30/36€124k€124k▼
Amounts receivable within one year40/41€28k€16k▼
Trade receivables40€6k€12k▲
Other amounts receivable41€22k€4k▼
Current investments50/53€161k€125k▼
Cash at bank and in hand54/58€592k€725k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.20M▲
Equity10/15€778k€900k▲
Contributions10/11€19k€19k=
Reserves13€759k€881k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€759k€881k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€365k€304k▼
Amounts payable after more than one year17€137k€124k▼
Financial debts170/4€137k€124k▼
Amounts payable within one year42/48€228k€179k▼
Current portion of amounts payable after more than one year42€14k€16k▲
Trade debts44€21k€56k▲
Suppliers440/4€21k€56k▲
Advances received on contracts in progress46€12k€15k▲
Taxes, remuneration and social security45€49k€53k▲
Taxes450/3€36k€37k▲
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48€133k€40k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€92k€89k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€28k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€354k€381k▲
Operating profit (loss)9901€230k€258k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€6k€15k▲
Recurring financial charges65€6k€15k▲
Profit (loss) for the period before taxes9903€227k€249k▲
Income taxes67/77€68k€75k▲
Profit (loss) for the period9904€159k€174k▲
Profit (loss) for the period to be appropriated9905€159k€174k▲
Appropriation of the result
Profit (loss) to be appropriated9906€159k€174k▲
Transfer from equity791/2€68k€52k▼
Transfer to equity691/2€159k€174k▲
To other reserves6921€159k€174k▲
Profit to be distributed694/7€68k€52k▼
Return on contributions (dividend)694€68k€52k▼
Social balance
Average headcount (FTE)90872.52.9▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €174k ▲9.1%
Operating result €258k, net result €174k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Equity above €500kEq €529k ▲14.6%
3 profitable years in a row build equity to €529k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €52k ▼23.5%
Net result drops to €52k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 18 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Affligem · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenpoelweg 11790 AffligemGround area
6,907 m²
Building footprint
2,320 m²
Volume, LiDAR
11,403 m³
Parcel 23030A0807/00F003, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TUINCENTRUM SECO
since 20122.215.268.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030A0807/00F003 | Flanders | 6,907 m² | 1 · 2,320 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAffligem2.215.268.578
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
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MARTENS IVAN
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ETABLISSEMENTS GABELLONI
BE 0444.474.487
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NH VENTURES
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Antwerpen · Eq €928k
Of 12,985 companies in sector 47120 we hold annual accounts for 2,186. 907 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2012
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47192Retail trade
47761Retail sale of flowers, plants, seeds and fertilisers
01191Growing of flowers
46220Wholesale trade
46499Wholesale of other household goods
47762Retail sale of pets, pet food and pet supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.