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WES GARDEN

Active
Private limited companyfounded 20187 yrs activeHulstsestraat 115, 8520 Kuurne, BelgiumKBO/BCE: BE 0712.711.359
Summary

The computed 12-month bankruptcy probability of WES GARDEN is 1.8% (moderate). The 2025 annual accounts show equity of €94k and a net result of €29k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 4486 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
57 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+8
Solvency56▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.83 in 2024; short-term debt: 38.4% and cash: 1.2% of total assets), and 68.9% of the assets are financed with debt.
Credit check 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
31.1%
Return on assets
9.6%
Age of the figures
15 mo
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 29-01-2026, 2 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
2 d early
2024
on the day
2023
1 d early
2022
on the day
2021
22 d late
2020
2 d late
2019
28 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
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 2025, micro schema

Equity
€94k▲ 13.9%
2024 · €83k
2019: €33k 2020: €37k 2021: €45k 2022: €48k 2023: €71k 2024: €83k
2019 → 2025
Total assets
€304k▼ 7.5%
2024 · €328k
2019: €153k 2020: €157k 2021: €297k 2022: €263k 2023: €330k 2024: €328k
2019 → 2025
Net result
€29k▲ 134%
2024 · €12k
2019: €20k 2020: €4k 2021: €9k 2022: €3k 2023: €22k 2024: €12k
2019 → 2025
Working capital
€-13k▲ 32.7%
2024 · €-19k
2019: €7k 2020: €11k 2021: €-15k 2022: €572 2023: €-5k 2024: €-19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€45k-€48k▲ 6.7%€71k▲ 45.9%€83k▲ 17.7%€94k▲ 13.9%
Operating result€18k-€9k▼ 48.4%€36k▲ 286%€25k▼ 31.0%€44k▲ 76.7%
Net result€9k-€3k▼ 66.1%€22k▲ 630%€12k▼ 43.8%€29k▲ 134%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €18k€18kNet result 2021: €9k€9kOperating result 2022: €9k€9kNet result 2022: €3k€3kOperating result 2023: €36k€36kNet result 2023: €22k€22kOperating result 2024: €25k€25kNet result 2024: €12k€12kOperating result 2025: €44k€44kNet result 2025: €29k€29k20212022202320242025€0€20k€40kOperating result 2023: €36k€36kNet result 2023: €22k€22kOperating result 2024: €25k€25kNet result 2024: €12k€12kOperating result 2025: €44k€44kNet result 2025: €29k€29k202320242025
The operating result recovers in 2025; 2025 is 77% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets €200k ▼ 13.1%
Current assets €104k ▲ 5.9%
Equity and liabilities €304k
Equity €94k ▲ 13.9%
Debt €209k ▼ 14.7%
Debt's share of the balance-sheet total falls from 74.7% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€83k
2024 · €60k
Cash flow
€68k
2024 · €47k
Current ratio
0.89
2024 · 0.83
Quick ratio
0.72
2024 · 0.61
Debt to equity
2.22
2024 · 2.96
ROE
30.9%
2024 · 15.0%
ROA
9.6%
2024 · 3.8%
Interest coverage
11.15
2024 · 6.44
Debt ≤ 1 year
€117k
2024 · €117k
Debt > 1 year
€91k
2024 · €125k
Income taxes
€8k
2024 · €4k
Staff costs
€59k
2024 · €63k
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 · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€328k€304k
Fixed assets21/28€230k€200k
Tangible fixed assets22/27€229k€198k
Land and buildings22€125k€124k
Plant, machinery and equipment23€54k€46k
Furniture and vehicles24€49k€29k
Financial fixed assets28€2k€2k=
Current assets29/58€98k€104k
Stocks and contracts in progress3€26k€19k
Stocks30/36€5k€5k
Contracts in progress37€21k€14k
Amounts receivable within one year40/41€70k€80k
Trade receivables40€63k€71k
Other amounts receivable41€7k€10k
Cash at bank and in hand54/58€1k€4k
Deferred charges and accrued income490/1€267€940
Equity and liabilities
Total equity and liabilities10/49€328k€304k
Equity10/15€83k€94k
Contributions10/11€12k€12k=
Reserves13€71k€82k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€69k€80k
Profit (loss) carried forward14-€0
Amounts payable17/49€245k€209k
Amounts payable after more than one year17€125k€91k
Financial debts170/4€125k€91k
Amounts payable within one year42/48€117k€117k
Current portion of amounts payable after more than one year42€47k€49k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€50k€19k
Suppliers440/4€50k€19k
Taxes, remuneration and social security45€8k€18k
Taxes450/3€3k€13k
Remuneration and social security454/9€5k€5k
Other amounts payable47/48€13k€26k
Accrued charges and deferred income492/3€3k€2k
Income statement Code20242025
Remuneration, social security and pensions62€63k€59k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€38k
Other operating charges640/8€2k€2k
Gross operating margin9900€125k€144k
Operating profit (loss)9901€25k€44k
Financial income75/76B€600€49
Recurring financial income75€600€49
Financial charges65/66B€9k€7k
Recurring financial charges65€9k€7k
Profit (loss) for the period before taxes9903€16k€37k
Income taxes67/77€4k€8k
Profit (loss) for the period9904€12k€29k
Profit (loss) for the period to be appropriated9905€12k€29k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€29k
Transfer to equity691/2€12k€12k
To other reserves6921€12k€12k
Profit to be distributed694/7-€18k
Return on contributions (dividend)694-€18k

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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €29k ▲134%
Operating result €44k, net result €29k, both a record.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Weakest financial yearnet €3k ▼66.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
22-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
02-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
28-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
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, Kuurne · 1 establishment unit since 2018
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.

Hulstsestraat 1158520 Kuurne
Ground area
490 m²
Building footprint
120 m²
Volume, LiDAR
593 m³
Parcel 34023B0537/00R000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WES GARDEN
Hulstsestraat 115, 8520 KuurneGrowing of flowers
since 20182.281.574.810
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34023B0537/00R000 Flanders 489 m² 1 · 119 m² 8.4 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

2024 · 2 entries · 1,117 EUR awarded · 1,117 EUR paid
Year Entries awardedpaid
2024 2 1,117 EUR1,117 EUR
Schemes
Premie kwalificerend werkplekleren
1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 117 EUR · 117 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

2 live approvals
Groenaanleg en –beheer duaal (so)
Goedgekeurd · 2023 to 2028
Tuinaanlegger-groenbeheerder duaal (so)
Goedgekeurd · 2023 to 2028

Similar companies · same sector, comparable size

Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,626 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
Founded30-10-2018
Fiscal year end30-06
Activities, NACEBEL 2025
81300Landscape service activities
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

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