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TUINEN STANY DEMAREZ

Active
Private limited companyfounded 201016 yrs activeLammersakker 16, 8700 Tielt, BelgiumKBO/BCE: BE 0828.513.028
Summary

TUINEN STANY DEMAREZ has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.01M and a net result of €217k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 1077 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
83 / 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
Profitability88▼-1
Solvency97▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.73 in 2023; short-term debt: 17.7% and cash: 23.3% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
71.5%
Return on assets
15.3%
Age of the figures
21 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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
35 d early
2022
32 d early
2021
35 d early
2020
35 d early
2019
31 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, abbreviated schema

Equity
€1.01M▲ 15.7%
2023 · €876k
2018: €369k 2019: €399k 2020: €453k 2021: €624k 2022: €746k 2023: €876k
2018 → 2024
Total assets
€1.42M▲ 9.0%
2023 · €1.30M
2018: €967k 2019: €855k 2020: €968k 2021: €1.12M 2022: €1.30M 2023: €1.30M
2018 → 2024
Net result
€217k▲ 5.6%
2023 · €206k
2018: €73k 2019: €85k 2020: €134k 2021: €229k 2022: €184k 2023: €206k
2018 → 2024
Working capital
€280k▲ 51.5%
2023 · €185k
2018: €-244k 2019: €19k 2020: €62k 2021: €18k 2022: €7k 2023: €185k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€453k-€624k▲ 37.9%€746k▲ 19.4%€876k▲ 17.5%€1.01M▲ 15.7%
Operating result€182k-€307k▲ 68.4%€247k▼ 19.7%€239k▼ 3.1%€311k▲ 30.1%
Net result€134k-€229k▲ 71.3%€184k▼ 19.7%€206k▲ 11.9%€217k▲ 5.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €182k€182kNet result 2020: €134k€134kOperating result 2021: €307k€307kNet result 2021: €229k€229kOperating result 2022: €247k€247kNet result 2022: €184k€184kOperating result 2023: €239k€239kNet result 2023: €206k€206kOperating result 2024: €311k€311kNet result 2024: €217k€217k20202021202220232024€0€100k€200k€300kOperating result 2022: €247k€247kNet result 2022: €184k€184kOperating result 2023: €239k€239kNet result 2023: €206k€206kOperating result 2024: €311k€311kNet result 2024: €217k€217k202220232024
The operating result recovers in 2024; 2024 is 30% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.42M
Fixed assets €886k ▲ 2.8%
Current assets €531k ▲ 21.2%
Equity and liabilities €1.42M
Equity €1.01M ▲ 15.7%
Provisions €12k ▲ 22.5%
Debt €391k ▼ 5.4%
Debt's share of the balance-sheet total falls from 31.8% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€412k
2023 · €351k
Cash flow
€318k
2023 · €318k
Current ratio
2.11
2023 · 1.73
Quick ratio
2.07
2023 · 1.68
Debt to equity
0.39
2023 · 0.47
ROE
21.4%
2023 · 23.5%
ROA
15.3%
2023 · 15.8%
Interest coverage
132.65
2023 · 68.76
Debt ≤ 1 year
€251k
2023 · €254k
Debt > 1 year
€140k
2023 · €160k
Income taxes
€91k
2023 · €75k
Staff costs
€334k
2023 · €329k
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 · 64 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.30M€1.42M
Fixed assets21/28€861k€886k
Tangible fixed assets22/27€861k€886k
Land and buildings22€581k€558k
Plant, machinery and equipment23€20k€42k
Furniture and vehicles24€261k€286k
Current assets29/58€438k€531k
Stocks and contracts in progress3€13k€10k
Stocks30/36€9k€7k
Contracts in progress37€5k€3k
Amounts receivable within one year40/41€174k€185k
Trade receivables40€161k€178k
Other amounts receivable41€13k€7k
Cash at bank and in hand54/58€246k€331k
Deferred charges and accrued income490/1€5k€5k
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.42M
Equity10/15€876k€1.01M
Contributions10/11€19k€19k=
Reserves13€852k€989k
Tax-exempt reserves132€40k€49k
Distributable reserves133€812k€940k
Profit (loss) carried forward14€6k€6k
Provisions and deferred taxes16€10k€12k
Deferred taxes168€10k€12k
Amounts payable17/49€414k€391k
Amounts payable after more than one year17€160k€140k
Other amounts payable178/9€160k€140k
Amounts payable within one year42/48€254k€251k
Current portion of amounts payable after more than one year42€75k-
Trade debts44€72k€79k
Suppliers440/4€72k€79k
Advances received on contracts in progress46-€13k
Taxes, remuneration and social security45€25k€73k
Taxes450/3€387€48k
Remuneration and social security454/9€24k€24k
Other amounts payable47/48€82k€87k
Income statement Code20232024
Non-recurring operating income76A-€24k
Remuneration, social security and pensions62€329k€334k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€101k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€25k
Other operating charges640/8€11k€13k
Gross operating margin9900€691k€784k
Operating profit (loss)9901€239k€311k
Financial income75/76B€57k€3k
Recurring financial income75€2k€3k
Non-recurring financial income76B€55k-
Financial charges65/66B€5k€3k
Recurring financial charges65€5k€3k
Profit (loss) for the period before taxes9903€291k€310k
Transfer from deferred taxes780€1k€2k
Transfer to deferred taxes680€11k€4k
Income taxes67/77€75k€91k
Profit (loss) for the period9904€206k€217k
Transfer from tax-exempt reserves789€6k€7k
Transfer to tax-exempt reserves689€44k€16k
Profit (loss) for the period to be appropriated9905€167k€208k
Appropriation of the result
Profit (loss) to be appropriated9906€174k€214k
Profit (loss) brought forward from the previous period14P€7k€6k
Transfer from equity791/2€77k€80k
Transfer to equity691/2€170k€208k
To other reserves6921€170k€208k
Profit to be distributed694/7€75k€80k
Return on contributions (dividend)694€75k€80k
Social balance
Average headcount (FTE)90877.96.5

The notes to these accounts (11 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
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €1MEq €1.01M ▲15.7%
7 profitable years in a row build equity to €1.01M.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €229k ▲71.3%
Net result €229k, the highest in the series.
31-12
Financial Equity above €500kEq €624k ▲37.9%
4 profitable years in a row build equity to €624k.
26-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
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
4 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, Tielt · 1 establishment unit since 2010
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.

Lammersakker 168700 Tielt
Ground area
818 m²
Building footprint
111 m²
Volume, LiDAR
634 m³
Parcel 37302E0732/00L000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TUINEN STANY DEMAREZ
Lammersakker 16, 8700 TieltGrowing of cereals (except rice), leguminous crops and oil seeds
since 20102.190.614.049
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37302E0732/00L000 Flanders 817 m² 1 · 111 m² 7.7 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.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 3,219 EUR awarded · 3,515 EUR paid
Year Entries awardedpaid
2023 1 0 EUR296 EUR
2022 1 3,219 EUR3,219 EUR
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 3,219 EUR · 3,219 EUR paid · Departement Mobiliteit en Openbare Werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 296 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

2 categories
TUINEN STANY DEMAREZ BV39834
category G, class 1 · category G3, class 1
decision 13-05-2024

Similar companies · same sector, comparable size

Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 1,860 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
Founded29-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

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