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Verde Projects

Active Private limited companyfounded 2024active for 1 yearEigenstraat 93, 9450 HaaltertKBO/BCE: BE 1017.907.409

Overview

Lifetime

1 annual account with figures
peak €30,539 (2025)
€30,539 
peak €19,997 (2025)
€19,997 
peak €39,997 (2025)
€39,997 
€34,912 
Board2 names since 2024
2 directorsCHIAU Evert Marcel and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
1 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €130,000 estimated

The micro format states no turnover.

Checked score

71
Healthy
Financially stronger than 79% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
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 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 2.0% 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.4%▲ +0.4 percentage points vs 03-2026 05-2026: 2.5%▲ +0.1 percentage points vs 04-2026 06-2026: 2.8%▲ +0.3 percentage points vs 05-2026highest value 07-2026: 0.7%▼ -2.1 percentage points vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Strong

78equity 53.4% of total assets
79short-term debt 15.3% · cash 25.6%
100return on assets 26.7%

Score breakdown

raises risk
Size: total assets €74,909
Founded in 2024
lowers risk
Liquidity: current ratio 3.35, cash €19,174
Equity €39,997 (53.4% 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 63% of them on solvency, 80% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 11,279 companies had the same profile as Verde Projects has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Verde Projects itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for Verde Projects. 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 €2,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.35, above the usual 1.5. Short-term debt is 15.3% and cash 25.6% of total assets. 46.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.35, cash €19,174
NBB · annual accounts
raises risk · Size: total assets €74,909
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €39,997 (53.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
32 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

CE
Director
HT
Director
  • HEYMAN Tibo 50 sharesdeed of 30-12-2024
  • CHIAU Evert Marcel 50 sharesdeed of 30-12-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1017907409
First establishment Eigenstraat 93, Haaltert
Incorporation Founding capital of €20,000, 100 shares, €8,000 paid up · Founders: HEYMAN Tibo (comparant) and CHIAU Evert Marcel (comparant) · Appointments: HEYMAN Tibo (director) and CHIAU Evert Marcel (director) · published on 30-12-2024 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Verde Projects Haaltert €74,909 €30,539 53.4% -
TUINEN MERCIE Wetteren €81,966 €34,154 25.1% -
TUINEN TDS Deinze €63,270 €29,066 38.9% -
TUINTECH Denderleeuw €66,662 €33,445 33.0% -
Thomas Van der Borght Berlare €85,699 €25,828 10.7% -
DEVRIENDT DIEGO Ichtegem €79,501 €29,801 13.8% -
RDS TUINEN Asse €77,380 €30,044 44.2% -

These companies have the same main activity as Verde Projects: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €63,300 and €85,700, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 24-12-2024Normal situation
Activity
Landscape service activitiesNACE 81300
Establishment unit
2.367.797.3189450 Haaltert, since 01-01-2025
Financial year end
31 December
Peppol
Reachable since 26-02-2025
Company details

Annual accounts 2025

€30,539
€19,997
€39,997
€74,909
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on Verde Projects

Verde Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,997 and a net result of €19,997.

Its solvency ranks better than 64% of 5,730 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 29-06-2026, 32 days before the deadline
€30,539
€26,091
€19,997
€27,054
53.4%
3.35

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €130,000. Estimated: probably between €82,000 and €210,000.

Balance sheet

balance sheet total €74,909 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

53.4%

Higher than 64% of 5,730 companies in 2025.

3.35

Higher than 81% of 5,591 companies in 2025.

26.7%

Higher than 84% of 5,617 companies in 2025.

Verde Projects Middle half of the sector 80% of the sector Micro accounts in building services and landscaping (NACE 81)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 74,909
21/28 36,365
22/27 36,365
23 3,434
24 32,931
29/58 38,544
40/41 19,370
40 4,311
41 15,058
54/58 19,174
Balance sheet: equity and liabilities
10/49 74,909
10/15 39,997
10/11 20,000
13 10,000
133 10,000
14 9,997
17/49 34,912
17 23,422
170/4 23,422
42/48 11,490
42 5,653
44 2,770
440/4 2,770
45 3,067
450/3 3,067
Income statement
9900 30,539
62 783
630 3,274
640/8 390
9901 26,091
65/66B 527
65 527
9903 25,564
67/77 5,567
9904 19,997
9905 19,997
Appropriation of the result
9906 19,997
691/2 10,000
6921 10,000
Document PDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00209176 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
29,365
23,271
39,639
27,054
53.4%
3.35
0.87
50.0%
26.7%
55.67

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€39,639
€3,274

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on Verde Projects

Debt's share of the balance-sheet total is 46.6%.

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
appointed by deed of 30-12-2024 term without a fixed end
Director (not named in the articles)
appointed by deed of 30-12-2024 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 14. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 30-12-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
CHIAU Evert Marcel
Director (not named in the articles)
HEYMAN Tibo
Director (not named in the articles)
Board
Mandates as a list
  • CHIAU Evert Marcel
    • Director (not named in the articles), appointed by deed of 30-12-2024, still in office
  • HEYMAN Tibo
    • Director (not named in the articles), appointed by deed of 30-12-2024, still in office

See the board, name and registered office on a given date →

Control

This company
Verde Projects
Equity €39,997
Profit €19,997 in 2025

Capital

Contribution
€20,000
Shares
100
Contribution per share
€200
Equity per share
€400 in 2025
Source
deed of 30-12-2024

Articles of association

deed of 30-12-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 30-12-2024 ↗

Network & group

No group

Verde Projects has no parent and no holdings in its annual accounts. Verde Projects shares no director with another company.

Timeline

Timeline

4 events since 2024
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017907409
First establishment Eigenstraat 93, Haaltert
2024
IncorporationFounding capital of €20,000, 100 shares, €8,000 paid up · Founders: HEYMAN Tibo (comparant) and CHIAU Evert Marcel (comparant) · Appointments: HEYMAN Tibo (director) and CHIAU Evert Marcel (director) · published on 30-12-20248 points ▸
  • Founder, HEYMAN Tibo (comparant)
  • Founder, CHIAU Evert Marcel (comparant)
  • Founding capital, €20,000, 100 shares
  • Registered office clause, Eigenstraat 93, 9450 Denderhoutem
  • Board rule, 2
  • Director appointment, HEYMAN Tibo (director (not named in the articles))
  • Director appointment, CHIAU Evert Marcel (director (not named in the articles))
  • Power of attorney, Joni SOUTAER
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1017.907.409
VAT number
BE 1017.907.409
Peppol ID
0208:1017907409
Other Peppol ID
9925:BE1017907409
Legal form
Private limited company
Status
Active, normal situation
Founded
24-12-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 30-12-2024 (in Dutch)
Peppol
Reachable since 26-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Verde Projects in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-12-2024 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Verde Projects
deed of 30-12-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 30-12-2024 (in Dutch)

Activities

NACEBEL 2025
81300 Landscape service activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Snoeien van bomen en heggen; Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden; Ondersteunende activiteiten…”
37 activities
  1. Snoeien van bomen en heggen
  2. Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden
  3. Ondersteunende activiteiten in verband met de teelt van gewassen
  4. Snoeien van fruitbomen en wijnstokken
  5. Groothandel in bloemen en planten
  6. Detailhandel in bloemen,planten,zaden en kunstmeststoffen in gespecialiseerde winkels
  7. Boomkwekerijen,m.u.v. bosboomkwekerijen
  8. Overige plantenvermeerdering
  9. Gemengd bedrijf
  10. Bosbouw
  11. Landschapsverzorging
  12. Verhuur van landbouwmachines en -werktuigen met bedieningspersoneel
  13. Ondersteunende activiteiten in verband met de veeteelt
  14. Vervaardiging van kantoor- en winkelmeubelen
  15. Vervaardiging van keukenmeubelen
  16. Vervaardiging van meubels en modulaire meubelelementen voor inbouwkeukens
  17. Vervaardiging van eetkamer-,zitkamer-,slaapkamer- en badkamermeubelen
  18. Vervaardiging van tuin- en terrasmeubelen
  19. Vervaardiging van andere meubelen,n.e.g.
  20. Ruimen van bouwterreinen
  21. Isolatiewerkzaamheden
  22. Aanbrengen in gebouwen en andere bouwwerken van : - thermische isolatiemateriaal - isolatiemateriaal tegen geluid en trillingen
  23. Algemene bouwinstallatie
  24. Montage van buiten- en binnenschrijnwerk van hout of van kunststof : deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
  25. Plaatsen van vloer- en wandtegels
  26. Aanbrengen in gebouwen en andere bouwwerken van : vloer-of wandtegels van keramische stoffen,beton of gehouwen steen,vloerbedekking en wandbekleding van terrazzo marmer,graniet of lei,enz.
  27. Bouwrijp maken van terreinen
  28. Plaatsen van vloer- en wandtegels
  29. Uitvoeren van metsel- en voegwerken
  30. Andere reinigingsactiviteiten
  31. Diverse administratieve activiteiten ten behoeve van kantoren
  32. Overige werkzaamheden in verband met de afwerking van gebouwen
  33. Bouw van andere civieltechnische werken,n.e.g.
  34. Overige gespecialiseerde bouwwerkzaamheden
  35. Bouw van autowegen en andere wegen
  36. Handelsbemiddeling gespecialiseerd in andere goederen
  37. Isolatiewerkzaamheden
deed of 30-12-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Eigenstraat 93 registered office 9450 Haaltert 01-01-2025 2.367.797.318

Buildings and parcels at the address

Ground area
193 m²
Buildings
159 m²
Volume, LiDAR
883 m³
Tallest building
9.6 m
Buildings to scale, each on its own parcel
159 m², 9.6 m 159 m², 9.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
41010B0478/00B000193 m² 1 · 159 m² 9.6 m · 2