TREECOLORE
ActiveSummary
The computed 12-month bankruptcy probability of TREECOLORE is 1.9% (moderate). The 2024 annual accounts show equity of €5k and a net result of €775. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 15869 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-23
Solvency69▲+12
Growth32=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 · 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
44.3%
Return on assets
6.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 28-07-2025, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
25 d late
2022
69 d late
2021
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€5k▲ 18.5%
2023 · €4k
2021: €12k
2022: €-3k
2023: €4k
2021 → 2024
Total assets
€11k▼ 13.7%
2023 · €13k
2021: €36k
2022: €19k
2023: €13k
2021 → 2024
Net result
€775▼ 88.9%
2023 · €7k
2021: €9k
2022: €-15k
2023: €7k
2021 → 2024
Working capital
€4k▲ 155%
2023 · €2k
2021: €12k
2022: €-7k
2023: €2k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€12k-€-3k€4k€5k▲ 18.5%
Operating result€12k-€-14k€8k€2k▼ 70.6%
Net result€9k-€-15k€7k€775▼ 88.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11k
Fixed assets
€1k ▼ 59.7%
Current assets
€10k ▼ 1.8%
Equity and liabilities €11k
Equity
€5k ▲ 18.5%
Debt
€6k ▼ 29.0%
Debt's share of the balance-sheet total falls from 67.7% to 55.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €10k
Cash flow
€2k▼
2023 · €9k
Current ratio
1.62▲
2023 · 1.17
Debt to equity
1.26▼
2023 · 2.10
ROE
15.6%▼
2023 · 165.8%
ROA
6.9%▼
2023 · 53.5%
Interest coverage
8.30▼
2023 · 15.13
Debt ≤ 1 year
€6k▼
2023 · €9k
Income taxes
€1k▲
2023 · €609
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 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€13k€11k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€10k€10k▼
Cash at bank and in hand54/58€10k€10k▲
Deferred charges and accrued income490/1€625-
Equity and liabilities
Total equity and liabilities10/49€13k€11k▼
Equity10/15€4k€5k▲
Contributions10/11€3k€3k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-8k€-7k▲
Amounts payable17/49€9k€6k▼
Amounts payable within one year42/48€9k€6k▼
Trade debts44€252€434▲
Suppliers440/4€252€434▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€8k€5k▼
Other amounts payable47/48€79€354▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€11k€5k▼
Operating profit (loss)9901€8k€2k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€659€483▼
Recurring financial charges65€659€483▼
Profit (loss) for the period before taxes9903€8k€2k▼
Income taxes67/77€609€1k▲
Profit (loss) for the period9904€7k€775▼
Profit (loss) for the period to be appropriated9905€7k€775▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-7k▲
Profit (loss) brought forward from the previous period14P€-15k€-8k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-12
Financial
Weakest financial yearnet €-15k ▼263%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Gingelom · 1 establishment unit since 2021
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.
Dorpsplein 23891 GingelomGround area
1,407 m²
Building footprint
490 m²
Volume, LiDAR
3,465 m³
Parcel 71008A0241/00L000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TREECOLORE
since 20212.311.828.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71008A0241/00L000indicative | Flanders | 1,406 m² | 1 · 490 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
2025 · 1 entry · 1,080 EUR awarded · 1,080 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,080 EUR | 1,080 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,641 companies in sector 46170 we hold annual accounts for 671. 271 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
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
46110Wholesale trade
46319Wholesale of fruit and vegetables, excluding potatoes
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.