VERTES SAISONS
ActiveSummary
VERTES SAISONS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121,909 and a net result of €1,205. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 5897 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability36▲+1
Solvency63▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.93 in 2023; short-term debt: 36.6% and cash: 49.9% of total assets), but 62.4% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
37.6%
Return on assets
0.4%
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
54 d early
2022
24 d late
2021
19 d early
2020
27 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€121,909▲ 0.3%
2023 · €121,563
Total assets
€324,485▲ 14.6%
2023 · €283,138
Net result
€1,205▲ 255%
2023 · €340
Working capital
€59,547▼ 18.6%
2023 · €73,160
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€15,020▲ 26.1%€16,640▲ 10.8%€41,154▲ 147%€31,695▼ 23.0%€41,068▲ 29.6%
Net result€13,204▲ 39.6%€12,332▼ 6.6%€30,530▲ 148%€340▼ 98.9%€1,205▲ 255%
Equity€78,361▲ 20.3%€90,693▲ 15.7%€121,223▲ 33.7%€121,563▲ 0.3%€121,909▲ 0.3%
Total assets€162,802▲ 53.0%€162,404▼ 0.2%€217,764▲ 34.1%€283,138▲ 30.0%€324,485▲ 14.6%
Debt€83,383▲ 113%€71,711▼ 14.0%€96,541▲ 34.6%€161,575▲ 67.4%€202,577▲ 25.4%
Working capital-€5,293€49,439€58,551▲ 18.4%€73,160▲ 24.9%€59,547▼ 18.6%
Staff (FTE)1=1.5▲ 50.0%2.6▲ 73.3%2.5▼ 3.8%3.1▲ 24.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 30% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €324,485
Fixed assets
€146,305 ▲ 11.3%
Current assets
€178,181 ▲ 17.5%
Equity and liabilities €324,485
Equity
€121,909 ▲ 0.3%
Debt
€202,577 ▲ 25.4%
Debt's share of the balance-sheet total rises from 57.1% to 62.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79,984▲
2023 · €59,093
Cash flow
€40,121▲
2023 · €27,738
Current ratio
1.50▼
2023 · 1.93
Quick ratio
1.47▼
2023 · 1.88
Debt to equity
1.66▲
2023 · 1.33
ROE
1.0%▲
2023 · 0.3%
ROA
0.4%▲
2023 · 0.1%
Interest coverage
2.00▲
2023 · 1.88
Debt ≤ 1 year
€118,634▲
2023 · €78,527
Debt > 1 year
€83,943▲
2023 · €83,048
Income taxes
€251▲
2023 · €68
Staff costs
€139,614▲
2023 · €119,277
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €24,150 | €75,160 | €119,277 | €139,614 | ▲ 17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,320 | €20,582 | €19,962 | €27,398 | €38,916 | ▲ 42.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €1,589 | €1,620 | €3,065 | €3,603 | ▲ 17.5% |
| Gross operating margin9900 | €37,970 | €62,961 | €137,895 | €181,435 | €223,201 | ▲ 23.0% |
| Operating profit (loss)9901 | €15,020 | €16,640 | €41,154 | €31,695 | €41,068 | ▲ 29.6% |
| Financial income75/76B | - | €224 | €815 | €143 | €396 | ▲ 177% |
| Recurring financial income75 | €326 | €224 | €815 | €143 | €396 | ▲ 177% |
| Financial charges65/66B | - | €1,106 | €970 | €31,430 | €40,008 | ▲ 27.3% |
| Recurring financial charges65 | €1,721 | €1,106 | €970 | €31,430 | €40,008 | ▲ 27.3% |
| Profit (loss) for the period before taxes9903 | €13,625 | €15,758 | €40,998 | €408 | €1,456 | ▲ 257% |
| Transfer from deferred taxes780 | - | €1,058 | €0 | - | - | - |
| Income taxes67/77 | €1,479 | €4,484 | €10,468 | €68 | €251 | ▲ 267% |
| Profit (loss) for the period9904 | €13,204 | €12,332 | €30,530 | €340 | €1,205 | ▲ 255% |
| Transfer from tax-exempt reserves789 | - | €1,587 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €14,790 | €13,918 | €30,530 | €340 | €1,205 | ▲ 255% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,802 | €162,404 | €217,764 | €283,138 | €324,485 | ▲ 14.6% |
| Fixed assets21/28 | €94,766 | €79,927 | €91,561 | €131,451 | €146,305 | ▲ 11.3% |
| Intangible fixed assets21 | €3,713 | €2,664 | €1,616 | €568 | €29 | ▼ 94.8% |
| Tangible fixed assets22/27 | €91,004 | €77,213 | €89,895 | €130,833 | €146,225 | ▲ 11.8% |
| Land and buildings22 | - | €6,136 | €4,738 | €3,340 | €1,941 | ▼ 41.9% |
| Plant, machinery and equipment23 | - | €45,808 | €38,266 | €31,501 | €21,674 | ▼ 31.2% |
| Furniture and vehicles24 | - | €4,987 | €30,575 | €81,730 | €110,849 | ▲ 35.6% |
| Other tangible fixed assets26 | - | €20,281 | €16,316 | €14,263 | €11,762 | ▼ 17.5% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €68,036 | €82,477 | €126,203 | €151,687 | €178,181 | ▲ 17.5% |
| Stocks and contracts in progress3 | - | - | €1,609 | €3,884 | €3,819 | ▼ 1.7% |
| Stocks30/36 | - | - | €1,609 | €3,884 | €3,819 | ▼ 1.7% |
| Amounts receivable within one year40/41 | €19,074 | €8,455 | €14,716 | €9,820 | €6,715 | ▼ 31.6% |
| Trade receivables40 | - | €7,913 | €8,194 | €9,820 | €2,733 | ▼ 72.2% |
| Other amounts receivable41 | - | €542 | €6,523 | €0 | €3,982 | - |
| Cash at bank and in hand54/58 | €47,316 | €72,206 | €109,253 | €134,445 | €161,787 | ▲ 20.3% |
| Deferred charges and accrued income490/1 | - | €1,816 | €624 | €3,538 | €5,859 | ▲ 65.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,802 | €162,404 | €217,764 | €283,138 | €324,485 | ▲ 14.6% |
| Equity10/15 | €78,361 | €90,693 | €121,223 | €121,563 | €121,909 | ▲ 0.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €18,237 | €30,569 | €61,099 | €61,099 | €61,099 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €28,709 | €59,239 | €59,239 | €61,099 | ▲ 3.1% |
| Profit (loss) carried forward14 | €41,524 | €41,524 | €41,524 | €41,864 | €42,210 | ▲ 0.8% |
| Provisions and deferred taxes16 | €1,058 | €0 | - | - | - | - |
| Deferred taxes168 | - | €0 | - | - | - | - |
| Amounts payable17/49 | €83,383 | €71,711 | €96,541 | €161,575 | €202,577 | ▲ 25.4% |
| Amounts payable after more than one year17 | €10,055 | €38,674 | €28,889 | €83,048 | €83,943 | ▲ 1.1% |
| Financial debts170/4 | - | €38,674 | €28,889 | €83,048 | €83,943 | ▲ 1.1% |
| Amounts payable within one year42/48 | €73,328 | €33,037 | €67,651 | €78,527 | €118,634 | ▲ 51.1% |
| Current portion of amounts payable after more than one year42 | - | €13,274 | €9,784 | €23,812 | €30,099 | ▲ 26.4% |
| Trade debts44 | €61,773 | €9,179 | €38,934 | €10,270 | €6,792 | ▼ 33.9% |
| Suppliers440/4 | - | €9,179 | €38,934 | €10,270 | €6,792 | ▼ 33.9% |
| Advances received on contracts in progress46 | - | €1,022 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €9,562 | €18,933 | €15,943 | €13,834 | ▼ 13.2% |
| Taxes450/3 | - | €7,089 | €11,223 | €2,958 | €400 | ▼ 86.5% |
| Remuneration and social security454/9 | - | €2,473 | €7,710 | €12,985 | €13,434 | ▲ 3.5% |
| Other amounts payable47/48 | - | - | - | €28,502 | €67,909 | ▲ 138% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,204 | €12,332 | €30,530 | €340 | €1,205 | ▲ 255% |
| + Depreciation and write-downs630 | €15,320 | €20,582 | €19,962 | €27,398 | €38,916 | ▲ 42.0% |
| Operating cash flow (approximation) | €28,523 | €32,913 | €50,492 | €27,738 | €40,121 | ▲ 44.6% |
| Investment in fixed assets (approximation) | - | -€5,743 | -€31,596 | -€67,288 | -€53,770 | ▲ 20.1% |
| Change in cash | - | €24,890 | €37,047 | €25,192 | €27,342 | ▲ 8.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €340 ▼98.9%
Net result drops to €340, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €30,530 ▲148%
Operating result €41,154, net result €30,530, both a record.
31-12
Financial
Equity above €100,000Eq €121,223 ▲33.7%
5 profitable years in a row build equity to €121,223.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 2.50
Current ratio from 0.93 to 2.50; short-term debt falls from €73,328 to €33,037.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Profondeville · 1 establishment unit since 2002
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.
Rue des 4 Arbres(LU) 655170 Profondeville1 establishment unit
Rue des 4 Arbres(LU) 65, 5170 Profondeville
since 20022.098.829.085
Recognitions · licences · registrations
Legal Entity Identifier
254900Z4ZD9DMX7D7C48
Similar companies · same sector, comparable size
SRL François MALHERBE
BE 0883.690.883
Clavier · Eq €121,931
RBB
BE 0739.597.086
Lubbeek · Eq €121,804
Exit Services
BE 0534.545.917
Geel · Eq €122,041
Tuinen Roels
BE 0738.843.852
Rumst · Eq €122,044
GARDEN ANGELS
BE 0870.951.221
Hoegaarden · Eq €121,700
Of 21,225 companies in sector 81300 we hold annual accounts for 4,366. 3,589 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-02-2002
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476698778
Registered
03-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.