LES JARDINS DU NORD - NOORDWARANDE
ActiveSummary
The computed 12-month bankruptcy probability of LES JARDINS DU NORD - NOORDWARANDE is 1.7% (moderate). The 2025 annual accounts show negative equity (€-1.36M) and a net result of €-389k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 830 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
23
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.05 against 61.4 in 2024; short-term debt: 46.8% and cash: 0.4% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Return on assets
-320.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-1.36M
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
on the day
2023
41 d early
2022
49 d early
2021
26 d early
2020
2 d late
2019
66 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€485k▼ 80.5%
2018 · €2.48M
2018: €2.48M
2018 → 2019
EBIT margin
-25.3%▼ 11.9pp
2018 · -13.4%
2018: -13.4%
2018 → 2019
Net result
€-389k▼ 1,115%
2024 · €-32k
2018: €-411k
2019: €-160k
2020: €-53k
2021: €15k
2022: €-33k
2023: €-130k
2024: €-32k
2018 → 2025
Working capital
€59k▼ 48.7%
2024 · €116k
2018: €-426k
2019: €-740k
2020: €-793k
2021: €-778k
2022: €342k
2023: €268k
2024: €116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-778k-€-811k▼ 4.2%€-941k▼ 16.0%€-973k▼ 3.4%€-1.36M▼ 40.0%
Operating result€6k-€-6k€5k€35k▲ 567%€-329k
Net result€15k-€-33k€-130k▼ 297%€-32k▲ 75.4%€-389k▼ 1,115%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €329k after €35k in 2024, the lowest result in the available series.
Balance-sheet composition
Assets €121k
Fixed assets
€5k
Current assets
€116k
Key figures and ratios
Current ratio
2.05▼
2024 · 61.40
Quick ratio
0.15▼
2024 · 5.33
Debt to equity
-1.09▲
2024 · -1.12
ROA
-320.6%▼
2024 · -27.2%
Debt
€1.48M▲
2024 · €1.09M
Debt ≤ 1 year
€57k▲
2024 · €2k
Debt > 1 year
€1.43M▲
2024 · €1.09M
A ratio outside any meaningful range has been withheld (balance sheet total €121k, equity €-1.36M).
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€118k€121k▲
Fixed assets21/28-€5k
Financial fixed assets28-€5k
Current assets29/58€118k€116k▼
Stocks and contracts in progress3€108k€108k=
Stocks30/36€108k€108k=
Amounts receivable within one year40/41€7k€8k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€3k€509▼
Equity and liabilities
Total equity and liabilities10/49€118k€121k▲
Equity10/15€-973k€-1.36M▼
Contributions10/11€470k€470k=
Capital10€470k€470k=
Issued capital100€470k€470k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€-1.45M€-1.83M▼
Amounts payable17/49€1.09M€1.48M▲
Amounts payable after more than one year17€1.09M€1.43M▲
Other amounts payable178/9€1.09M€1.43M▲
Amounts payable within one year42/48€2k€57k▲
Trade debts44€2k€57k▲
Suppliers440/4€2k€57k▲
Other amounts payable47/48€91€0▼
Income statement
Code20242025
Non-recurring operating income76A€37k€19k▼
Other operating charges640/8€0€83k▲
Gross operating margin9900€35k€-246k▼
Operating profit (loss)9901€35k€-329k▼
Financial charges65/66B€67k€60k▼
Recurring financial charges65€67k€60k▼
Profit (loss) for the period before taxes9903€-32k€-389k▼
Profit (loss) for the period9904€-32k€-389k▼
Profit (loss) for the period to be appropriated9905€-32k€-389k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.45M€-1.83M▼
Profit (loss) brought forward from the previous period14P€-1.41M€-1.45M▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
State Gazette act
Reappointments: Noé Martens, Queen-K SRL and Lady at Work SRLResignation: Adel Yahia Consult SRL (director) · Appointments: AG Investment Management SRL, Frederic Poesen and Jonas Nachtergaele · Permanent representative: Alfred Galle14 facts ▸
State Gazette act
Reappointments: Noé Martens, Queen-K SRL and Lady at Work SRL
Resignation: Adel Yahia Consult SRL (director) · Appointments: AG Investment Management SRL, Frederic Poesen and Jonas Nachtergaele · Permanent representative: Alfred Galle14 facts ▸
- General meeting, 24-06-2026
- Director reappointment, Noé Martens (director)
- Mandate compensation, Noé Martens
- Director reappointment, Queen-K SRL (director)
- Director reappointment, Lady at Work SRL (director)
- Mandate compensation, Queen-K SRL
- Mandate compensation, Lady at Work SRL
- Director resignation, Adel Yahia Consult SRL (director)
- Director discharge, Adel Yahia Consult SRL
- Director appointment, AG Investment Management SRL (director)
- Permanent representative, Alfred Galle
- Mandate compensation, AG Investment Management SRL
- +2 further facts in this act
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 61.40
Current ratio from 20.34 to 61.40; short-term debt falls from €14k to €2k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 676current ratio 212.34
Current ratio from 0.31 to 212.34; short-term debt falls from €1.13M to €2k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 45 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26114425). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
AG Investment Management
CurrentDirector · since 01-07-2026 · Private limited company · perm. rep.: Alfred Galle
Noé Martens
CurrentDirector · since 24-06-2026
LADY AT WORK SRL
CurrentDirector · since 30-03-2026 · Legal entity
QUEEN-K SRL
CurrentDirector · since 30-03-2026 · Legal entity
01-10-2026
Jonas Nachtergaele: Auditor of as Permanent representative
31-07-2026
Frederic Poesen: Auditor of as Permanent representative
01-07-2026
AG Investment Management: Appointed as Director
01-07-2026
ADEL YAHIA CONSULT: Resigned as Director
24-06-2026
Noé Martens: Mandate renewed as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
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.
Anspachlaan 11000 BrusselGround area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Anspachlaan 1, 1000 Brussel
since 19912.055.074.068
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 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.
Structure & network
Connections & network
9 connected companiesLinked via shared directors
Shared corporate director
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Show 5 more companies with a shared director
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.