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TUINEN MEEUS

Active
Private limited company (pre-2019)founded 201114 yrs activeKoekoekstraat 27, 2630 Aartselaar, BelgiumKBO/BCE: BE 0841.842.610
Summary

TUINEN MEEUS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-221k) and a net result of €-81k. Equity is shrinking by ~61.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
35 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-3
Solvency0▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.09 in 2023; short-term debt: 53.6% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
-30.3%
Return on assets
-11%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-221k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 d late
2023
61 d late
2022
31 d late
2021
218 d late
2020
10 d late
2019
59 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, micro schema

Equity
€-221k▼ 57.3%
2023 · €-141k
2018: €75k 2019: €6k 2020: €14k 2021: €-46k 2022: €-77k 2023: €-141k
2018 → 2024
Total assets
€731k▼ 2.9%
2023 · €753k
2018: €919k 2019: €920k 2020: €823k 2021: €822k 2022: €783k 2023: €753k
2018 → 2024
Net result
€-81k▼ 26.2%
2023 · €-64k
2018: €4k 2019: €-70k 2020: €9k 2021: €-61k 2022: €-31k 2023: €-64k
2018 → 2024
Working capital
€-351k▲ 17.9%
2023 · €-428k
2018: €-66k 2019: €-175k 2020: €-231k 2021: €-298k 2022: €-343k 2023: €-428k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€14k-€-46k€-77k▼ 66.4%€-141k▼ 83.1%€-221k▼ 57.3%
Operating result€25k-€-33k€-11k▲ 67.2%€-30k▼ 179%€-50k▼ 64.5%
Net result€9k-€-61k€-31k▲ 49.4%€-64k▼ 108%€-81k▼ 26.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0Operating result 2020: €25k€25kNet result 2020: €9k€9kOperating result 2021: €-33k€-33kNet result 2021: €-61k€-61kOperating result 2022: €-11k€-11kNet result 2022: €-31k€-31kOperating result 2023: €-30k€-30kNet result 2023: €-64k€-64kOperating result 2024: €-50k€-50kNet result 2024: €-81k€-81k20202021202220232024€-100k€-75k€-50k€-25k€0Operating result 2022: €-11k€-11kNet result 2022: €-31k€-31kOperating result 2023: €-30k€-30kNet result 2023: €-64k€-64kOperating result 2024: €-50k€-50kNet result 2024: €-81k€-81k202220232024
The operating result stays negative: a loss of €50k in 2024 against €30k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €731k
Fixed assets €690k ▼ 3.2%
Current assets €41k ▲ 1.7%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-31k
2023 · €-7k
Cash flow
€-61k
2023 · €-40k
Solvency
-30.3%
2023 · -18.7%
Current ratio
0.10
2023 · 0.09
Debt to equity
-4.30
2023 · -6.35
ROA
-11.0%
2023 · -8.5%
Interest coverage
-1.01
2023 · -0.21
Debt
€952k
2023 · €894k
Debt ≤ 1 year
€392k
2023 · €468k
Debt > 1 year
€561k
2023 · €426k
Staff costs
€0
2023 · €-65
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet Code20232024
Assets
Total assets20/58€753k€731k
Fixed assets21/28€713k€690k
Intangible fixed assets21€8k€6k
Tangible fixed assets22/27€705k€684k
Land and buildings22€699k€684k
Plant, machinery and equipment23€3k€110
Furniture and vehicles24€3k€0
Current assets29/58€40k€41k
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€39k€40k
Trade receivables40€39k€37k
Other amounts receivable41€612€2k
Cash at bank and in hand54/58€712€919
Deferred charges and accrued income490/1€83€0
Equity and liabilities
Total equity and liabilities10/49€753k€731k
Equity10/15€-141k€-221k
Contributions10/11€37k€37k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Profit (loss) carried forward14€-185k€-266k
Amounts payable17/49€894k€952k
Amounts payable after more than one year17€426k€561k
Financial debts170/4€426k€561k
Amounts payable within one year42/48€468k€392k
Current portion of amounts payable after more than one year42€135k€117k
Financial debts43€3k€31k
Credit institutions430/8€3k€31k
Trade debts44€66k€37k
Suppliers440/4€66k€37k
Advances received on contracts in progress46€1k€0
Taxes, remuneration and social security45€11k€8k
Taxes450/3€11k€8k
Remuneration and social security454/9€0-
Other amounts payable47/48€250k€199k
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Non-recurring operating income76A€15k€0
Remuneration, social security and pensions62€-65€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€19k
Other operating charges640/8€3k€6k
Non-recurring operating charges66A€0-
Gross operating margin9900€-4k€-25k
Operating profit (loss)9901€-30k€-50k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€33k€31k
Recurring financial charges65€33k€31k
Profit (loss) for the period before taxes9903€-64k€-81k
Profit (loss) for the period9904€-64k€-81k
Profit (loss) for the period to be appropriated9905€-64k€-81k
Appropriation of the result
Profit (loss) to be appropriated9906€-185k€-266k
Profit (loss) brought forward from the previous period14P€-121k€-185k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Weakest financial yearnet €-81k
Net result drops to €-81k, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
06-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 218 days late
2021
10-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
28-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
16-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 320 days late
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, Aartselaar · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Koekoekstraat 272630 Aartselaar
Ground area
1.0 ha
Building footprint
1,829 m²
Volume, LiDAR
11,980 m³
Parcel 11372D0357/00F000, Flanders · tallest building 22.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TUINEN MEEUS
Koekoekstraat 27, 2630 AartselaarRaising of horses and other equines
since 20112.205.040.325
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11372D0357/00F000 Flanders 1.0 ha 1 · 1,829 m² 22.3 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 site
Aartselaar2.205.040.325
1 permission
Toelating · Eetgelegenheid · since 01-02-2019

Dual-learning approval

2 live approvals · 1 ended
Hippisch assistent duaal (so)
Goedgekeurd · 2021 to 2026
Paardenhouderij duaal (so)
Goedgekeurd · 2021 to 2026
Show 1 ended approval
Paardenhouder (so)
ended · 2020 to 2025

Similar companies · same sector, comparable size

Of 1,957 companies in sector 01430 we hold annual accounts for 743. 383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded15-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
93110Operation of sports facilities
93127Equestrian clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

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