THUNUS ESPACES VERTS
ActiveThe computed 12-month bankruptcy probability of THUNUS ESPACES VERTS is 2.4% (moderate). The 2025 annual accounts show equity of €558k and a net result of €69k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 45% of 444 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
89
/ 100
Excellent▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+39
Solvency65▲+16
Growth52=
Stability100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.17 in 2024), and 65.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 2025Solvency, return and age of the figures
Solvency
34.9%
Return on assets
4.3%
Age of the figures
8 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
17 d early
2024
34 d early
2023
2 d early
2022
23 d late
2021
29 d late
2020
2 d early
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€558k▲ 13.6%
2024 · €491k
2022: €356k
2023: €466k
2024: €491k
2022 → 2025
Total assets
€1.60M▼ 5.8%
2024 · €1.70M
2022: €1.01M
2023: €1.10M
2024: €1.70M
2022 → 2025
Net result
€69k▲ 204%
2024 · €23k
2022: €123k
2023: €111k
2024: €23k
2022 → 2025
Working capital
€168k▲ 137%
2024 · €71k
2022: €76k
2023: €88k
2024: €71k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€356k-€466k▲ 30.9%€491k▲ 5.4%€558k▲ 13.6%
Operating result€172k-€169k▼ 1.8%€57k▼ 66.0%€134k▲ 134%
Net result€123k-€111k▼ 10.1%€23k▼ 79.4%€69k▲ 204%
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 2025; 2025 is 134% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€1.08M▼ 10.8%
Current assets
€523k▲ 6.3%
Equity and liabilities €1.60M
Equity
€558k▲ 13.6%
Debt
€1.04M▼ 13.7%
The debt ratio falls from 71.1% to 65.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€341k▲
2024 · €258k
Cash flow
€275k▲
2024 · €223k
Solvency
34.9%▲
2024 · 28.9%
Current ratio
1.47▲
2024 · 1.17
Quick ratio
1.41▲
2024 · 1.12
Debt / equity
1.87▼
2024 · 2.46
ROE
12.4%▲
2024 · 4.6%
ROA
4.3%▲
2024 · 1.3%
Interest coverage
8.11▲
2024 · 6.80
Debt
€1.04M▼
2024 · €1.21M
Debt ≤ 1 year
€355k▼
2024 · €421k
Debt > 1 year
€677k▼
2024 · €775k
Income taxes
€25k▲
2024 · €4k
Staff costs
€157k▼
2024 · €159k
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 · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€1.70M€1.60M▼
Fixed assets
21/28€1.21M€1.08M▼
Tangible fixed assets
22/27€1.21M€1.08M▼
Current assets
29/58€492k€523k▲
Stocks & contracts in progress
3€21k€21k=
Amounts receivable within one year
40/41€151k€194k▲
Cash & bank
54/58€315k€295k▼
Total equity & liabilities
10/49€1.70M€1.60M▼
Equity
10/15€491k€558k▲
Contributions / capital
10/11€5k€5k=
Reserves
13€483k€551k▲
Amounts payable
17/49€1.21M€1.04M▼
Amounts payable after one year
17€775k€677k▼
Amounts payable within one year
42/48€421k€355k▼
Trade debts payable within one year
44€58k€61k▲
Income statement
Code20242025
Gross operating margin
9900€504k€502k▼
Operating result
9901€57k€134k▲
Financial income
75€7k€2k▼
Financial charges
65€38k€42k▲
Result before taxes
9903€27k€94k▲
Income taxes
67/77€4k€25k▲
Net result for the period
9904€23k€69k▲
Result to be appropriated
9905€23k€69k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €558k ▲13.6%
4 profitable years in a row build equity to €558k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
16-06
State Gazette act
Registered-office change
2024
31-12
Financial
Weakest financial yearnet €23k ▼79.4%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Comparable companies · same sector, comparable size
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BELGICAPLANT
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WILMS-SAS
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GROENCREATIE LUC TOPS
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GREEN GARDEN MOLLEM
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Of 21,236 companies in sector 81300 we hold annual accounts for 4,174. 2,486 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2019
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
01301Crop and animal production, hunting and related service activities
02200Logging
16110Sawmilling and planing of wood
43120Site preparation
47761Retail sale of flowers, plants, seeds and fertilisers
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-07-2026. Scores and ratios are computed by Checked and are not a credit decision.