C'green
Open bankruptcyA bankruptcy procedure is open for C'green according to publications in the Belgian State Gazette; curator: WIM HEETHEM.
Summary
The 2021 annual accounts show negative equity (-€16,361) and a net result of -€24,969.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 31 October 2023
- Supervising judge
- Ingrid Claes
- Official Gazette
- 08-11-2023 (pdf) ↗search the document for 2023/142239
Deadlines
- Provisional date payments stopped
- 31 October 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 23 November 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 30 November 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 6 December 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 31 October 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Wim HeethemWaterloosesteenweg 412/F, 1050 Brussel 5wheethem@praxislaw.eu
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of C'green in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-10-2022, 73 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
73 d late
2020
38 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 45 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
-€16,361
2020 · €8,608
Total assets
€41,950▼ 24.3%
2020 · €55,424
Net result
-€24,969▼ 17,051%
2020 · -€146
Working capital
-€44,143▼ 271%
2020 · -€11,907
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€2,494--€9,481▼ 280%€1,128-€23,059
Net result-€4,969--€11,968▼ 141%-€146within the sector's middle half▲ 98.8%-€24,969below the sector's middle half▼ 17,051%
Equity€20,722-€8,754▼ 57.8%€8,608within the sector's middle half▼ 1.7%-€16,361below the sector's middle half
Total assets€74,714-€63,547▼ 14.9%€55,424below the sector's middle half▼ 12.8%€41,950below the sector's middle half▼ 24.3%
Debt€53,993-€54,794▲ 1.5%€46,816▼ 14.6%€58,311▲ 24.6%
Working capital€11,279--€7,217-€11,907below the sector's middle half▼ 65.0%-€44,143below the sector's middle half▼ 271%
Solvency27.7%-13.8%▼ 14.0pp15.5%within the sector's middle half▲ 1.8pp-39.0%below the sector's middle half▼ 54.5pp
Current ratio1.69-0.76▼ 0.930.65below the sector's middle half▼ 0.110.24below the sector's middle half▼ 0.41
Return on assets (ROA)-6.7%--18.8%▼ 12.2pp-0.3%within the sector's middle half▲ 18.6pp-59.5%below the sector's middle half▼ 59.3pp
Staff (FTE)0.5-1▲ 100%0.8within the sector's middle half▼ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €23,059 after €1,128 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €41,950
Fixed assets
€27,782 ▼ 16.0%
Current assets
€14,169 ▼ 36.6%
Key figures and ratios
EBITDA
-€17,748▼
2020 · €8,580
Cash flow
-€19,659▼
2020 · €7,307
Quick ratio
0.18▲
2020 · 0.13
Debt to equity
-3.56▼
2020 · 1.46
Interest coverage
-7.56
Debt ≤ 1 year
€58,311▲
2020 · €34,240
Staff costs
€18,989
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €18,989 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,615 | €8,175 | €7,452 | €5,310 | ▼ 28.7% |
| Other operating charges640/8 | - | - | - | €424 | - |
| Gross operating margin9900 | €18,550 | €25,119 | €33,018 | €1,664 | ▼ 95.0% |
| Operating profit (loss)9901 | -€2,494 | -€9,481 | €1,128 | -€23,059 | ▼ 2,144% |
| Financial income75/76B | - | - | - | €438 | - |
| Recurring financial income75 | €1,033 | €1,246 | €1,330 | €438 | ▼ 67.1% |
| Financial charges65/66B | - | - | - | €2,348 | - |
| Recurring financial charges65 | €3,507 | €3,733 | €2,604 | €2,348 | ▼ 9.8% |
| Profit (loss) for the period before taxes9903 | -€4,969 | -€11,968 | -€146 | -€24,969 | ▼ 17,051% |
| Profit (loss) for the period9904 | -€4,969 | -€11,968 | -€146 | -€24,969 | ▼ 17,051% |
| Profit (loss) for the period to be appropriated9905 | -€4,969 | -€11,968 | -€146 | -€24,969 | ▼ 17,051% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €74,714 | €63,547 | €55,424 | €41,950 | ▼ 24.3% |
| Fixed assets21/28 | €47,142 | €40,544 | €33,092 | €27,782 | ▼ 16.0% |
| Tangible fixed assets22/27 | €47,142 | €40,544 | €33,092 | €27,782 | ▼ 16.0% |
| Furniture and vehicles24 | - | - | - | €182 | - |
| Other tangible fixed assets26 | - | - | - | €27,600 | - |
| Current assets29/58 | €27,572 | €23,003 | €22,332 | €14,169 | ▼ 36.6% |
| Stocks and contracts in progress3 | €18,846 | €17,969 | €17,800 | €3,750 | ▼ 78.9% |
| Stocks30/36 | - | - | - | €3,750 | - |
| Amounts receivable within one year40/41 | €249 | €1,131 | - | €365 | - |
| Trade receivables40 | - | - | - | €365 | - |
| Cash at bank and in hand54/58 | €8,477 | €3,177 | €4,489 | €8,453 | ▲ 88.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,600 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €74,714 | €63,547 | €55,424 | €41,950 | ▼ 24.3% |
| Equity10/15 | €20,722 | €8,754 | €8,608 | -€16,361 | ▼ 290% |
| Contributions10/11 | €25,690 | €25,690 | - | €25,690 | - |
| Profit (loss) carried forward14 | -€4,969 | -€16,936 | -€17,082 | -€42,051 | ▼ 146% |
| Amounts payable17/49 | €53,993 | €54,794 | €46,816 | €58,311 | ▲ 24.6% |
| Amounts payable after more than one year17 | €36,571 | €24,574 | €12,576 | - | - |
| Amounts payable within one year42/48 | €16,293 | €30,220 | €34,240 | €58,311 | ▲ 70.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,576 | - |
| Financial debts43 | - | - | - | €2,200 | - |
| Credit institutions430/8 | - | - | - | €2,200 | - |
| Trade debts44 | €3,427 | €12,379 | €7,359 | €20,745 | ▲ 182% |
| Suppliers440/4 | - | - | - | €20,745 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,099 | - |
| Taxes450/3 | - | - | - | €2,099 | - |
| Other amounts payable47/48 | - | - | - | €20,690 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,969 | -€11,968 | -€146 | -€24,969 | ▼ 17,051% |
| + Depreciation and write-downs630 | €10,615 | €8,175 | €7,452 | €5,310 | ▼ 28.7% |
| Operating cash flow (approximation) | €5,647 | -€3,792 | €7,307 | -€19,659 | ▼ 369% |
| Investment in fixed assets (approximation) | - | -€1,578 | €0 | €0 | - |
| Change in cash | - | -€5,300 | €1,313 | €3,963 | ▲ 202% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
08-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 31-10-2023
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Weakest financial yearnet -€24,969
Net result drops to -€24,969, the lowest in the series.
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Kraainem · 1 establishment unit since 2017
Ground area
1,774 m²
Building footprint
217 m²
Volume, LiDAR
3,391 m³
Parcel 22002B0093/00E000, Flanders · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Koningin Astridlaan 270, 1950 Kraainem
since 20172.268.686.280
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002B0093/00E000 | Flanders | 1,774 m² | 1 · 217 m² | 19.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM HEETHEM WATERLOOSESTEENWEG 412/F,
1050 BRUSSEL 5 |
31-10-2023 → present |
Similar companies · same sector, comparable size
IMMO-ARAD
BE 0833.491.009
Schaarbeek · Eq €8,615
SOW LINSAN
BE 0757.693.823
Liège · Eq €8,596
H.M.V. STORE
BE 0861.012.778
Antwerpen · Eq €8,636
SMARTRETAILERS
BE 0891.424.654
Arendonk · Eq €8,644
SUPERMARKT DINO
BE 0475.585.753
Wichelen · Eq €8,568
Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 3,296 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47210Retail sale of fruit and vegetables
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
47271Retail trade
47279Other retail sale of food
47750Retail sale of cosmetics and toilet articles
47783Retail trade
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.