VIERKANTEMETER
ActiveVIERKANTEMETER has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €350k and a net result of €55k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 1077 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69=
Solvency82▲+2
Growth85=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.48 in 2023; short-term debt: 32.4% and cash: 5.8% of total assets), and 42.8% 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 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
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 dateAge against the risk zone
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 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
26 d early
2022
45 d early
2021
39 d late
2020
37 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€1.69M▲ 3.5%
2023 · €1.63M
2018: €512k
2019: €826k
2020: €1.31M
2021: €1.79M
2022: €1.51M
2023: €1.63M
2018 → 2024
EBIT margin
4.8%▲ 0.3pp
2023 · 4.5%
2018: 0.6%
2019: 1.8%
2020: 2.2%
2021: 2.6%
2022: 6.1%
2023: 4.5%
2018 → 2024
Net result
€55k▲ 16.0%
2023 · €48k
2018: €202
2019: €5k
2020: €21k
2021: €31k
2022: €63k
2023: €48k
2018 → 2024
Working capital
€280k▲ 13.8%
2023 · €246k
2018: €71k
2019: €94k
2020: €103k
2021: €154k
2022: €218k
2023: €246k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.31M-€1.79M▲ 36.8%€1.51M▼ 15.3%€1.63M▲ 7.9%€1.69M▲ 3.5%
Equity€153k-€184k▲ 20.2%€247k▲ 34.3%€295k▲ 19.2%€350k▲ 18.7%
Operating result€29k-€47k▲ 63.2%€92k▲ 95.7%€74k▼ 20.0%€81k▲ 9.2%
Net result€21k-€31k▲ 50.3%€63k▲ 104%€48k▼ 24.7%€55k▲ 16.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €612k
Fixed assets
€134k▲ 5.6%
Current assets
€478k▲ 15.9%
Equity and liabilities €612k
Equity
€350k▲ 18.7%
Debt
€262k▲ 7.2%
The debt ratio falls from 45.4% to 42.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119k▲
2023 · €107k
Cash flow
€94k▲
2023 · €80k
Solvency
57.2%▲
2023 · 54.6%
Current ratio
2.41▼
2023 · 2.48
Quick ratio
2.28▲
2023 · 2.18
Debt / equity
0.75▼
2023 · 0.83
ROE
15.8%▼
2023 · 16.1%
ROA
9.0%▲
2023 · 8.8%
Interest coverage
22.33▲
2023 · 18.08
Debt
€262k▲
2023 · €245k
Debt ≤ 1 year
€198k▲
2023 · €167k
Debt > 1 year
€64k▼
2023 · €78k
Income taxes
€22k▲
2023 · €20k
Staff costs
€203k▲
2023 · €129k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€539k€612k▲
Fixed assets21/28€127k€134k▲
Tangible fixed assets22/27€127k€134k▲
Land and buildings22€82k€68k▼
Plant, machinery and equipment23€14k€8k▼
Furniture and vehicles24€31k€58k▲
Current assets29/58€412k€478k▲
Stocks and contracts in progress3€50k€26k▼
Stocks30/36€50k€26k▼
Amounts receivable within one year40/41€103k€166k▲
Trade receivables40€93k€165k▲
Other amounts receivable41€10k€459▼
Current investments50/53-€250k
Cash at bank and in hand54/58€259k€35k▼
Equity and liabilities
Total equity and liabilities10/49€539k€612k▲
Equity10/15€295k€350k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€7k€7k=
Reserves13€269k€324k▲
Tax-exempt reserves132€343€343=
Distributable reserves133€268k€323k▲
Amounts payable17/49€245k€262k▲
Amounts payable after more than one year17€78k€64k▼
Financial debts170/4€78k€64k▼
Amounts payable within one year42/48€167k€198k▲
Current portion of amounts payable after more than one year42€14k€14k=
Trade debts44€100k€108k▲
Suppliers440/4€100k€108k▲
Taxes, remuneration and social security45€53k€72k▲
Taxes450/3€44k€54k▲
Remuneration and social security454/9€9k€18k▲
Other amounts payable47/48-€4k
Income statement
Code20232024
Turnover70€1.63M€1.69M▲
Goods, raw materials, services and sundry goods60/61€1.39M€1.36M▼
Remuneration, social security and pensions62€129k€203k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€39k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€240k€327k▲
Operating profit (loss)9901€74k€81k▲
Financial income75/76B€9€2k▲
Recurring financial income75€9€2k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Non-recurring financial charges66B-€1
Profit (loss) for the period before taxes9903€68k€78k▲
Income taxes67/77€20k€22k▲
Profit (loss) for the period9904€48k€55k▲
Profit (loss) for the period to be appropriated9905€48k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€55k▲
Transfer to equity691/2€48k€55k▲
To other reserves6921€48k€55k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €63k ▲104%
Operating result €92k, net result €63k, both a record.
31-12
Financial
Equity above €200kEq €247k ▲34.3%
5 profitable years in a row build equity to €247k.
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 39 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €153k ▲18.2%
3 profitable years in a row build equity to €153k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
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
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, Zulte · 1 establishment unit since 2005
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.
Kruishoutemstraat 1259870 ZulteGround area
1,492 m²
Building footprint
410 m²
Volume, LiDAR
1,355 m³
Parcel 44037B0621/00F000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vierkante Meter
since 20052.145.552.797
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B0621/00F000 | Flanders | 1,492 m² | 1 · 410 m² | 6.8 m · 1 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.
Similar companies · same sector, comparable size
GARDEN DESIGN AND LANDSCAPING FRANK ADRIAENSSENS
BE 0437.816.428
Schoten · Eq €350k
ENTREPRISES PHILIPPE DE JONGHE
BE 0543.576.023
Sint-Genesius-Rode · Eq €349k
GREEN SUPPORT
BE 0538.560.232
Roeselare · Eq €351k
TUINAANLEG CAELEN ERIC
BE 0879.266.792
Genk · Eq €349k
IN & OUT CONCEPTS
BE 0884.796.683
Grimbergen · Eq €348k
Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 2,976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2005
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
43120Site preparation
45112
49410Freight transport by road
53200Other postal and courier activities
64120
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.