Losses
-€11,841 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Tuinen Gardovac
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €18,757 (2023)
€17,668▲ 42.5%
Resultlowest -€9,704 (2024)
-€2,138▲ €7,566
Equitypeak €12,561 (2023)
€719▼ 74.8%
Debts
€79,904▼ 22.9%
Board1 name since 2022
1 directorVAN ACKER Cedric Hubert
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €12,396 to €17,668Loss of €2,138Equity from €2,857 to €719Debts from €103,640 to €79,904
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Debts
€79,904 99% of the balance sheet
Financial debts 35%Suppliers 12%Taxes and wages 1%Other 52%
Of this, €65,826 falls due within a year.
Filings
3 annual accounts 1 late
The 2025 accounts came 21 days late. The other two were filed on time.
Starting capital
€10,000 10,000 shares
Position in the sector
€719
Less equity than 87% of companies in building services and landscaping. Sector median €44,781 · 5,705 companies.
Checked score
47
Fair
Financially stronger than 13% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,710 companies (NACE 81, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.2%
01-2025: 5.2%● unchanged vs 12-2024
02-2025: 5.2%● unchanged vs 01-2025
03-2025: 5.2%● unchanged vs 02-2025
04-2025: 6.0%▲ +0.8 percentage points vs 03-2025highest value
05-2025: 4.0%▼ -2.0 percentage points vs 04-2025
06-2025: 4.0%● unchanged vs 05-2025
07-2025: 4.0%● unchanged vs 06-2025
08-2025: 3.9%▼ -0.1 percentage points vs 07-2025
09-2025: 3.6%▼ -0.3 percentage points vs 08-2025
10-2025: 3.6%● unchanged vs 09-2025
11-2025: 3.6%● unchanged vs 10-2025
12-2025: 3.6%● unchanged vs 11-2025
01-2026: 3.6%● unchanged vs 12-2025
02-2026: 3.7%▲ +0.1 percentage points vs 01-2026
03-2026: 3.7%● unchanged vs 02-2026
04-2026: 3.7%● unchanged vs 03-2026
05-2026: 3.7%● unchanged vs 04-2026
06-2026: 3.6%▼ -0.1 percentage points vs 05-2026
07-2026: 3.7%▲ +0.1 percentage points vs 06-2026
08-2026: 4.3%▲ +0.6 percentage points vs 07-2026
09-2026: 3.6%▼ -0.7 percentage points vs 08-2026
10-2026: 3.5%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 3.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2022
Liquidity: current ratio 0.87
Sector: Services to buildings and landscape activities (NACE 81)
Equity €719 (0.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 11% of them on solvency, 7% on liquidity, 26% on profitability and 6% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,301 companies had the same profile as Tuinen Gardovac has now. Each dot stands for 4 companies, two years later.
92.6%
were still trading
1.6%
stopped another way
5.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Tuinen Gardovac itself: 3.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,301 companies, not a prediction for Tuinen Gardovac. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.87 (0.88 in 2024), below 1. Short-term debt is 81.6% of total assets. 99.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€2,138
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 5699 sector peers (2025).
NBB · sector comparisonPosition among 5699 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
21 days late
2024
7 days early
2023
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average on the deadline day. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795177789
Registered office moved from Evergem to Sleidinge
New registered office: Bloemendale 2, 9940 Sleidinge · Previous registered office: Riemesteenweg 196, 9940 Evergem · General meeting of 07-02-2023 · Gazette deed
Incorporation
Founding capital of €10,000, 10,000 shares · Founder: VAN ACKER Cedric Hubert · Appointment: VAN ACKER Cedric Hubert (director) · published on 23-12-2022 · Gazette deed
First establishment
Bloemendale 2, Evergem
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Tuinen Gardovac Evergem | €80,623 | €17,668 | 0.9% | - |
| ANDRIES MEJOR Kruisem | €67,922 | €17,679 | 28.2% | - |
| RC AMENAGEMENT Pepinster | €81,671 | €16,129 | 39.4% | - |
| JARDIN MUS Genappe | €76,949 | €14,901 | 12.8% | - |
| Tuinwerken Van Looy Zandhoven | €67,062 | €17,852 | 59.0% | - |
| Angélique Services Puurs-Sint-Amands | €67,771 | €19,830 | 80.7% | - |
| Tuin & Techniek Lievegem | €90,337 | €18,438 | 9.1% | 0 |
These companies have the same main activity as Tuinen Gardovac: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €67,100 and €90,300, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 21-12-2022Normal situation
- Activity
- Landscape service activitiesNACE 81300and 1 other
- Establishment unit
- 2.340.036.2159940 Evergem, since 21-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2023
Insights on Tuinen Gardovac
Tuinen Gardovac files the micro format. That format states no turnover. The gross margin fell from €18,757 in 2023 to €17,668 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Tuinen Gardovac
- What is the company number of Tuinen Gardovac?
- The company number of Tuinen Gardovac is 0795.177.789. The VAT number is the same number with BE in front: BE 0795.177.789.
- Where is Tuinen Gardovac based?
- The registered office is at Bloemendale 2, 9940 Evergem.Company details
- What does Tuinen Gardovac do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of Tuinen Gardovac?
- Tuinen Gardovac is a private limited company (BV).
- When was Tuinen Gardovac founded?
- Tuinen Gardovac was founded on 21-12-2022.
- Is Tuinen Gardovac still active?
- Yes, Tuinen Gardovac is an active enterprise in the KBO register.
- What is the turnover of Tuinen Gardovac?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €17,668 and 35 comparable companies (NACE 81300). It probably lies between €85,000 and €260,000. It is a rough estimate.Financials
- Is Tuinen Gardovac profitable?
- In financial year 2025, Tuinen Gardovac made a loss of €2,138.
- Where can I find the annual accounts of Tuinen Gardovac?
- Tuinen Gardovac filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Tuinen Gardovac due?
- Tuinen Gardovac must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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