ELECTRO GREEN
ActiveSummary
The computed 12-month bankruptcy probability of ELECTRO GREEN is 2.2% (moderate). The 2025 annual accounts show equity of €28,334 and a net result of €24,300. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 4665 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+8
Solvency60▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.37 in 2024; short-term debt: 49.6% and cash: 25.3% of total assets), and 65% of the assets are financed with debt.
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Signals
Five 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
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
35%
Return on assets
30%
Age of the figures
9 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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
14 d early
2023
96 d late
2022
56 d early
2021
60 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
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. Usually files around 15 July (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€28,334▼ 16.7%
2024 · €34,033
Total assets
€80,937▼ 30.5%
2024 · €116,379
Net result
€24,300▲ 11.6%
2024 · €21,771
Working capital
€5,713▼ 73.1%
2024 · €21,273
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 81, Services to buildings and landscape activities, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,666-€27,667▲ 118%€68,146▲ 146%€32,917▼ 51.7%€34,632▲ 5.2%
Net result€10,081within the sector's middle half-€20,688within the sector's middle half▲ 105%€50,429above the sector's middle half▲ 144%€21,771within the sector's middle half▼ 56.8%€24,300within the sector's middle half▲ 11.6%
Equity€12,575below the sector's middle half-€23,262within the sector's middle half▲ 85.0%€73,691within the sector's middle half▲ 217%€34,033within the sector's middle half▼ 53.8%€28,334within the sector's middle half▼ 16.7%
Total assets€34,345below the sector's middle half-€56,751below the sector's middle half▲ 65.2%€152,123within the sector's middle half▲ 168%€116,379within the sector's middle half▼ 23.5%€80,937within the sector's middle half▼ 30.5%
Debt€21,770-€33,489▲ 53.8%€78,432▲ 134%€82,346▲ 5.0%€52,604▼ 36.1%
Working capital€8,354within the sector's middle half-€18,756within the sector's middle half▲ 125%€60,196within the sector's middle half▲ 221%€21,273within the sector's middle half▼ 64.7%€5,713within the sector's middle half▼ 73.1%
Solvency36.6%within the sector's middle half-41.0%within the sector's middle half▲ 4.4pp48.4%within the sector's middle half▲ 7.5pp29.2%within the sector's middle half▼ 19.2pp35.0%within the sector's middle half▲ 5.8pp
Current ratio2.01within the sector's middle half-1.79within the sector's middle half▼ 0.222.44within the sector's middle half▲ 0.651.37within the sector's middle half▼ 1.071.14within the sector's middle half▼ 0.22
Return on assets (ROA)29.4%above the sector's middle half-36.5%above the sector's middle half▲ 7.1pp33.1%above the sector's middle half▼ 3.3pp18.7%above the sector's middle half▼ 14.4pp30.0%above the sector's middle half▲ 11.3pp
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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 recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,937
Fixed assets
€35,104 ▼ 5.0%
Current assets
€45,833 ▼ 42.3%
Equity and liabilities €80,937
Equity
€28,334 ▼ 16.7%
Debt
€52,604 ▼ 36.1%
Debt's share of the balance-sheet total falls from 70.8% to 65.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€52,021▲
2024 · €46,071
Cash flow
€41,690▲
2024 · €34,925
Debt to equity
1.86▼
2024 · 2.42
ROE
85.8%▲
2024 · 64.0%
Interest coverage
30.07▲
2024 · 18.25
Debt ≤ 1 year
€40,120▼
2024 · €58,160
Debt > 1 year
€12,484▼
2024 · €24,186
Income taxes
€8,602▼
2024 · €8,622
Staff costs
€24,137
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €24,137 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,191 | €3,846 | €7,671 | €13,155 | €17,389 | ▲ 32.2% |
| Other operating charges640/8 | €50 | €149 | €0 | €201 | €128 | ▼ 36.6% |
| Gross operating margin9900 | €13,907 | €31,662 | €75,817 | €46,272 | €76,285 | ▲ 64.9% |
| Operating profit (loss)9901 | €12,666 | €27,667 | €68,146 | €32,917 | €34,632 | ▲ 5.2% |
| Financial income75/76B | €28 | €304 | €840 | €0 | - | - |
| Recurring financial income75 | €28 | €304 | €840 | €0 | - | - |
| Financial charges65/66B | €149 | €294 | €1,251 | €2,525 | €1,730 | ▼ 31.5% |
| Recurring financial charges65 | €149 | €294 | €1,251 | €2,525 | €1,730 | ▼ 31.5% |
| Profit (loss) for the period before taxes9903 | €12,545 | €27,677 | €67,735 | €30,393 | €32,902 | ▲ 8.3% |
| Income taxes67/77 | €2,464 | €6,989 | €17,306 | €8,622 | €8,602 | ▼ 0.2% |
| Profit (loss) for the period9904 | €10,081 | €20,688 | €50,429 | €21,771 | €24,300 | ▲ 11.6% |
| Profit (loss) for the period to be appropriated9905 | €10,081 | €20,688 | €50,429 | €21,771 | €24,300 | ▲ 11.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,345 | €56,751 | €152,123 | €116,379 | €80,937 | ▼ 30.5% |
| Fixed assets21/28 | €17,717 | €14,305 | €50,100 | €36,946 | €35,104 | ▼ 5.0% |
| Tangible fixed assets22/27 | €17,717 | €14,305 | €50,100 | €36,946 | €35,104 | ▼ 5.0% |
| Land and buildings22 | - | - | - | - | €14,108 | - |
| Plant, machinery and equipment23 | €247 | €564 | €790 | €598 | €1,439 | ▲ 141% |
| Furniture and vehicles24 | - | - | €225 | €80 | - | - |
| Leasing and similar rights25 | €17,470 | €13,741 | €49,085 | €36,267 | €19,557 | ▼ 46.1% |
| Current assets29/58 | €16,628 | €42,446 | €102,023 | €79,434 | €45,833 | ▼ 42.3% |
| Amounts receivable after more than one year29 | - | - | €8,152 | - | - | - |
| Other amounts receivable291 | - | - | €8,152 | - | - | - |
| Amounts receivable within one year40/41 | €6,168 | €16,430 | €29,120 | €10,634 | €24,461 | ▲ 130% |
| Trade receivables40 | €934 | €2,750 | €5,985 | - | €15,155 | - |
| Other amounts receivable41 | €5,234 | €13,680 | €23,135 | €10,634 | €9,306 | ▼ 12.5% |
| Cash at bank and in hand54/58 | €9,836 | €26,016 | €64,751 | €68,800 | €20,449 | ▼ 70.3% |
| Deferred charges and accrued income490/1 | €624 | - | - | - | €923 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,345 | €56,751 | €152,123 | €116,379 | €80,937 | ▼ 30.5% |
| Equity10/15 | €12,575 | €23,262 | €73,691 | €34,033 | €28,334 | ▼ 16.7% |
| Contributions10/11 | €2,493 | €2,493 | €2,493 | €2,493 | €2,493 | = |
| Reserves13 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Distributable reserves133 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Profit (loss) carried forward14 | €1,081 | €11,769 | €62,198 | €22,540 | €16,840 | ▼ 25.3% |
| Amounts payable17/49 | €21,770 | €33,489 | €78,432 | €82,346 | €52,604 | ▼ 36.1% |
| Amounts payable after more than one year17 | €13,496 | €9,799 | €36,605 | €24,186 | €12,484 | ▼ 48.4% |
| Financial debts170/4 | €13,496 | €9,799 | €36,605 | €24,186 | €12,484 | ▼ 48.4% |
| Amounts payable within one year42/48 | €8,274 | €23,690 | €41,827 | €58,160 | €40,120 | ▼ 31.0% |
| Current portion of amounts payable after more than one year42 | €3,645 | €3,697 | €12,247 | €12,734 | €11,702 | ▼ 8.1% |
| Trade debts44 | €2,166 | €540 | €1,422 | €1,104 | €8,198 | ▲ 643% |
| Suppliers440/4 | €2,166 | €540 | €1,422 | €1,104 | €8,198 | ▲ 643% |
| Taxes, remuneration and social security45 | €2,464 | €9,452 | €28,159 | €44,323 | €20,220 | ▼ 54.4% |
| Taxes450/3 | €2,464 | €9,452 | €28,159 | €44,323 | €17,622 | ▼ 60.2% |
| Remuneration and social security454/9 | - | - | - | - | €2,598 | - |
| Other amounts payable47/48 | - | €10,000 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,081 | €20,688 | €50,429 | €21,771 | €24,300 | ▲ 11.6% |
| + Depreciation and write-downs630 | €1,191 | €3,846 | €7,671 | €13,155 | €17,389 | ▲ 32.2% |
| Operating cash flow (approximation) | €11,273 | €24,534 | €58,100 | €34,925 | €41,690 | ▲ 19.4% |
| Investment in fixed assets (approximation) | - | -€434 | -€43,466 | €0 | -€15,548 | - |
| Change in cash | - | €16,180 | €38,735 | €4,048 | -€48,350 | ▼ 1,294% |
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
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
2023
31-12
Financial
Highest result since 2021net €50,429 ▲144%
Operating result €68,146, net result €50,429, both a record.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Houyet · 1 establishment unit since 2021
Ground area
557 m²
Building footprint
154 m²
Volume, LiDAR
1,074 m³
2 parcels, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO GREEN
since 2021unit no. 2.318.456.089
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91073A1015/00Y002 | Wallonia | 402 m² | 1 · 68 m² | 8.9 m · 2 fl. |
| 91073A1015/00A003 | Wallonia | 155 m² | 1 · 86 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,212 companies in this sector we hold annual accounts for 4,372. 3,373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded10-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
81230Other cleaning activities
82990Other business support services
Contact
E-mail
erdwn1@gmail.com
Phone
+32479417639
E-invoicing
Reachable via Peppol
Peppol ID
0208:0768257222
Also
9925:BE0768257222
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.