Equity
€2.5m ▲ 17.4%
TULIFLOR has made a profit without a break since 2015.
TULIFLOR
Lifetime
19 annual accounts with figures on one time axis, 30 filings since 1995peak €2.0m (2021)
€1.9m▼ 2.7%
lowest -€2,547 (2006)
€368,108▼ 15.9%
peak €2.5m (2025)
€2.5m▲ 17.4%
€5.2m▲ 21.7%
peak 21.8 FTE (2022)
15.2 FTE▼ 10.1%
Board4 names since 2014
3 directorsChristoph Pieters and 2 others
Documentsfilings and deeds
06-01-202625 days before the deadline
2025abbreviated format
Staff from 16.9 FTE to 15.2 FTEEquity from €2.1m to €2.5mDebts from €4.2m to €5.2mCash from €243,354 to €689,080
Key points
from the 2025 annual accountsTurnover
≈ €3.2m estimated
The abbreviated format states no turnover.
Staff
5 employees on 30-06-2025
In 2025, 443 short contracts started and 446 ended, on average 72 hours worked per contract. Staff averaged 15 full-time equivalents.
Liquidity
2.09 was 1.16 in 2024
Short-term debts fell from €2.2m to €1.8m.
Filings
30 annual accounts since 1995
The 2023 accounts came 15 days late. The other nine of the last ten were filed on time.
Position in the sector
€2.5m
More equity than 87% of companies in crop and animal production. Sector median €582,335 · 2,078 companies.
Checked score
95
Excellent
Financially stronger than 58% of small companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 912 companies (NACE 01, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025highest value
02-2026: 0.1%▼ -0.2 percentage points vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Profit of €368,108 (financial year 2025)
Size: 15.2 FTE, total assets €7.6m
Founded in 1995
Sector: Crop and animal production, hunting and related service activities (NACE 01)
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 01, small). It does better than 40% of them on solvency, 63% on liquidity, 62% on profitability and 67% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 14,766 companies had the same profile as TULIFLOR has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TULIFLOR itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 14,766 companies, not a prediction for TULIFLOR. 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
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.09 (1.16 in 2024), above the usual 1.5. Short-term debt is 24% and cash 9% of total assets. However, 67.5% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
22 days early
2023
15 days late
2022
19 days early
2021
3 days early
2020
27 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Capital increase of €1,800,000
General meeting of 24-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454563972
4 managers resigning, 3 directors reappointed
Resignations: Wim Cool, Christoph Pieters, Rogiers Sofie and Rogiers Sandra · Reappointments: Christoph Pieters, Rogiers Sofie and Rogiers Sandra · General meeting of 22-12-2021 · Gazette deed
Appointment: Wim Cool (manager)
General meeting of 14-10-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TULIFLOR Wervik | €7.6m | €1.9m | 32.5% | 15.2 |
| VANDEPUTTE BOOMKWEKERIJ Deerlijk | €4.8m | €1.7m | 48.8% | 20.5 |
| BLOEMENLAND LAAKDAL Laakdal | €5.6m | €2.1m | 92.2% | 18.7 |
| Pieters Plant Production Staden | €4.0m | €1.5m | 53.4% | 19.3 |
| KWEKERIJ MAES-REYNS Wevelgem | €5.0m | €2.3m | 68.7% | 28.5 |
| WILLEMS FILIP Assenede | €4.4m | €1.4m | 48.1% | 23.6 |
| KONAPLANT Lier | €8.0m | €1.4m | 64.5% | 7 |
These companies have the same main activity as TULIFLOR: growing of flowers (NACE 01191). They are comparable in size and age: total assets between €4m and €8m, founded between 1989 and 2000.
Official details
Source: KBO- Status
- Active since 17-02-1995Normal situation
- Activity
- Growing of flowersNACE 01191
- Joint committees
- 145Horticulture
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2023
- Establishment unit
- 2.237.791.0878940 Wervik, since 09-12-2014
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Annual accounts to 30-06-2025
- €7.6m▲ 20.3%
- Employeeson 30-06-2025
- 5▼ 37.5%
- Filing
- Filed on 06-01-2026, 25 days before the end of the filing period
Insights on TULIFLOR
TULIFLOR files the abbreviated format. That format states no turnover. The gross margin rose from €1,507 in 2006 to €1.9m in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
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 TULIFLOR
- What is the company number of TULIFLOR?
- The company number of TULIFLOR is 0454.563.972. The VAT number is the same number with BE in front: BE 0454.563.972.
- Where is TULIFLOR based?
- The registered office is at Menensesteenweg 290, 8940 Wervik.Company details
- What does TULIFLOR do?
- According to the KBO register, the main activity is growing of flowers (NACE 01191).
- What is the legal form of TULIFLOR?
- TULIFLOR is a private limited company (BV).
- When was TULIFLOR founded?
- TULIFLOR was founded on 17-02-1995.
- Is TULIFLOR still active?
- Yes, TULIFLOR is an active enterprise in the KBO register.
- How many employees does TULIFLOR have?
- TULIFLOR had an average of 15.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TULIFLOR fall under?
- In its 30-06-2023 annual accounts, TULIFLOR states joint committees 145 (Horticulture) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of TULIFLOR?
- The turnover in financial year 2025 is ≈ €3.2m. This figure is estimated from the gross margin of €1.9m and 1,585 comparable companies of the same size. It probably lies between €2.2m and €5.2m. It is a rough estimate.
- Is TULIFLOR profitable?
- In financial year 2025, TULIFLOR made a profit of €368,108.
- Where can I find the annual accounts of TULIFLOR?
- TULIFLOR filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TULIFLOR due?
- TULIFLOR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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