Brummel Gardens
ActiveSummary
Brummel Gardens has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €225k and a net result of €43k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 5894 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-5
Solvency82▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 3.27 in 2023; short-term debt: 39.7% and cash: 18.2% of total assets), and 43.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 →
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 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 10-06-2025, 51 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
34 d early
2022
26 d early
2021
25 d early
2020
12 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€225k▲ 13.6%
2023 · €198k
2019: €34k
2020: €60k
2021: €99k
2022: €154k
2023: €198k
2019 → 2024
Total assets
€397k▲ 34.6%
2023 · €295k
2019: €111k
2020: €135k
2021: €200k
2022: €251k
2023: €295k
2019 → 2024
Net result
€43k▼ 3.5%
2023 · €44k
2019: €16k
2020: €26k
2021: €38k
2022: €55k
2023: €44k
2019 → 2024
Working capital
€198k▲ 20.0%
2023 · €165k
2019: €-11k
2020: €31k
2021: €72k
2022: €117k
2023: €165k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€60k-€99k▲ 63.2%€154k▲ 55.8%€198k▲ 28.8%€225k▲ 13.6%
Operating result€40k-€57k▲ 43.0%€79k▲ 39.0%€70k▼ 11.6%€65k▼ 7.3%
Net result€26k-€38k▲ 46.5%€55k▲ 44.0%€44k▼ 19.6%€43k▼ 3.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €397k
Fixed assets
€42k ▼ 27.6%
Current assets
€355k ▲ 49.8%
Equity and liabilities €397k
Equity
€225k ▲ 13.6%
Debt
€172k ▲ 77.3%
Debt's share of the balance-sheet total rises from 33.0% to 43.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▼
2023 · €89k
Cash flow
€59k▼
2023 · €63k
Current ratio
2.25▼
2023 · 3.27
Debt to equity
0.77▲
2023 · 0.49
ROE
19.0%▼
2023 · 22.4%
ROA
10.7%▼
2023 · 15.0%
Interest coverage
31.74▼
2023 · 32.89
Debt ≤ 1 year
€158k▲
2023 · €72k
Debt > 1 year
€15k▼
2023 · €25k
Income taxes
€23k▼
2023 · €24k
Staff costs
€5k▲
2023 · €2k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€295k€397k▲
Fixed assets21/28€58k€42k▼
Tangible fixed assets22/27€58k€42k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€43k€31k▼
Current assets29/58€237k€355k▲
Amounts receivable within one year40/41€119k€166k▲
Trade receivables40€80k€136k▲
Other amounts receivable41€38k€30k▼
Current investments50/53€110k€114k▲
Cash at bank and in hand54/58€5k€72k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€295k€397k▲
Equity10/15€198k€225k▲
Contributions10/11€19k€19k=
Reserves13€179k€206k▲
Distributable reserves133€179k€206k▲
Amounts payable17/49€97k€172k▲
Amounts payable after more than one year17€25k€15k▼
Financial debts170/4€25k€15k▼
Amounts payable within one year42/48€72k€158k▲
Current portion of amounts payable after more than one year42€12k€11k▼
Financial debts43€161€200▲
Credit institutions430/8€161€200▲
Trade debts44€55k€126k▲
Suppliers440/4€55k€126k▲
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€4k€4k=
Remuneration and social security454/9€308€395▲
Other amounts payable47/48-€16k
Accrued charges and deferred income492/3€304-
Income statement
Code20232024
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€2k€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€16k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€94k€87k▼
Operating profit (loss)9901€70k€65k▼
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€69k€66k▼
Income taxes67/77€24k€23k▼
Profit (loss) for the period9904€44k€43k▼
Profit (loss) for the period to be appropriated9905€44k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€43k▼
Transfer from equity791/2-€16k
Transfer to equity691/2€44k€43k▼
To other reserves6921€44k€43k▼
Profit to be distributed694/7-€16k
Return on contributions (dividend)694-€16k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €225k ▲13.6%
6 profitable years in a row build equity to €225k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €55k ▲44%
Operating result €79k, net result €55k, both a record.
31-12
Financial
Equity above €150kEq €154k ▲55.8%
4 profitable years in a row build equity to €154k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Mortsel · 1 establishment unit since 2018
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.
Rubensstraat 612640 MortselGround area
279 m²
Building footprint
86 m²
Volume, LiDAR
637 m³
Parcel 11513C0379/00Z006, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brummel Gardens
since 20182.279.456.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0379/00Z006 | Flanders | 279 m² | 1 · 86 m² | 13.1 m · 3 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 to 2025 · 3 entries · 1,234 EUR awarded · 1,234 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 117 EUR | 117 EUR |
| 2024 | 2 | 1,117 EUR | 1,117 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 1 endedGroenaanleg en –beheer duaal (so)
Tuinaanlegger-groenbeheerder duaal (so)
Show 1 ended approval
Groenaanleg en –beheer duaal (so)
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,317 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
Founded03-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.