Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Treestar from Meerhout, company number BE0693798339, closed financial year 2026 with a result of € 48,116 after tax. For that financial year Treestar recorded a gross margin of € 70,622 and equity of € 69,331. Compared with financial year 2025, the result moved from € 85,031 to € 48,116. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 69,331
▼ 39% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,116
▼ 43% vs 2025
Profit after tax over the fiscal year.
€ 23,604
▼ 52% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 93,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 114,585
▼ 2% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 13,436
▼ 40% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 12,497
▲ 14% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 103,055 | € 69,357 | € 117,826 | € 70,622 | ▼ 40% |
| Profit after taxes | € 72,785 | € 46,309 | € 85,031 | € 48,116 | ▼ 43% |
| Equity | € 102,875 | € 29,184 | € 114,215 | € 69,331 | ▼ 39% |
| Total debts | € 113,046 | € 180,060 | € 156,079 | € 160,923 | ▲ 3% |
| Cash | € 40,173 | € 36,820 | € 49,382 | € 23,604 | ▼ 52% |
| Retained profit | € 84,275 | € 10,584 | € 95,615 | € 50,731 | ▼ 47% |
| Dividend | € 83,000 | € 120,000 | € 0 | € 93,000 | |
| Balance sheet total | € 215,920 | € 209,244 | € 270,294 | € 230,254 | ▼ 15% |
Key figures of Treestar, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Treestar?
What happened at Treestar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 48,116 (▼ 43% vs 2025). Source: NBB ↗
- New establishment in Antwerpen. KBO
- MATTHIAS VAN VLERKEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 72,785 profit in 2023 to € 48,116 profit in 2026.
Paid € 64,331 in corporate taxes since 2023.
Best year ever: 2025, with € 85,031 profit.
Paid out € 296,000 in dividends to the owners in total.
Management
Behind Treestar is MATTHIAS VAN VLERKEN. It owns 16.7% of Tierlo itself.
Directors
According to the 2026 annual accounts
MATTHIAS VAN VLERKEN
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Genepas 54
2450 Meerhout
Kerkstraat 195
2060 Antwerpen
Active since 1 April 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0693.798.339
- VAT number
- BE 0693.798.339
- Registered office
- Genepas 54, 2450 Meerhout
- Names & denominations
- Treestar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2018
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
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