GREE RUS MV CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for GREE RUS MV CONSTRUCT according to publications in the Belgian State Gazette; curator: Ilse VAN DE MIEROP.
Summary
The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €33k and a net result of €14k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 27-01-2025, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
4 d early
2023
13 d early
2022
14 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 70.9%
2023 · €19k
2022: €10k
2023: €19k
2022 → 2024
Total assets
€112k▲ 37.7%
2023 · €81k
2022: €28k
2023: €81k
2022 → 2024
Net result
€14k▲ 53.2%
2023 · €9k
2022: €14k
2023: €9k
2022 → 2024
Working capital
€8k
2023 · €-8k
2022: €9k
2023: €-8k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€10k-€19k▲ 86.1%€33k▲ 70.9%
Operating result€17k-€13k▼ 21.0%€20k▲ 51.5%
Net result€14k-€9k▼ 37.6%€14k▲ 53.2%
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 2024; 2024 is 51% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112k
Fixed assets
€44k ▼ 23.5%
Current assets
€68k ▲ 185%
Equity and liabilities €112k
Equity
€33k ▲ 70.9%
Debt
€80k ▲ 27.6%
Debt's share of the balance-sheet total falls from 76.6% to 71.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2023 · €20k
Cash flow
€30k▲
2023 · €16k
Current ratio
1.13▲
2023 · 0.75
Debt to equity
2.45▼
2023 · 3.27
ROE
41.5%▼
2023 · 46.3%
ROA
12.0%▲
2023 · 10.8%
Interest coverage
15.40▲
2023 · 12.80
Debt ≤ 1 year
€60k▲
2023 · €32k
Debt > 1 year
€19k▼
2023 · €31k
Income taxes
€5k▲
2023 · €3k
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€81k€112k▲
Fixed assets21/28€58k€44k▼
Tangible fixed assets22/27€58k€44k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€54k€41k▼
Current assets29/58€24k€68k▲
Amounts receivable within one year40/41€17k€62k▲
Trade receivables40€16k€53k▲
Other amounts receivable41€979€9k▲
Cash at bank and in hand54/58€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€81k€112k▲
Equity10/15€19k€33k▲
Contributions10/11€2k€2k=
Capital10€2k€2k=
Issued capital100€2k€2k=
Reserves13€150€150=
Non-distributable reserves130/1€150€150=
Legal reserve130€150€150=
Profit (loss) carried forward14€17k€31k▲
Amounts payable17/49€62k€80k▲
Amounts payable after more than one year17€31k€19k▼
Financial debts170/4€31k€19k▼
Amounts payable within one year42/48€32k€60k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€14k€37k▲
Suppliers440/4€14k€37k▲
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3€5k€5k▼
Remuneration and social security454/9-€8k
Other amounts payable47/48€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€16k▲
Other operating charges640/8€525€680▲
Gross operating margin9900€21k€37k▲
Operating profit (loss)9901€13k€20k▲
Financial income75/76B-€172
Recurring financial income75-€172
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€12k€18k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€9k€14k▲
Profit (loss) for the period to be appropriated9905€9k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€31k▲
Profit (loss) brought forward from the previous period14P€9k€17k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · GREE RUS MV CONSTRUCT BV BERGENSESTEENWEG 59/3, 1600 SINT-PIETERS-LEEUW · event 24-03-2026
2025
06-10
KBO administration
Address struck
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €9k ▼37.6%
Net result drops to €9k, the lowest in the series.
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
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.
Ground area
297 m²
Building footprint
159 m²
Volume, LiDAR
1,744 m³
2 parcels, Brussels, Flanders · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GREE RUS MV CONSTRUCT
since 20212.313.966.177
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0124/00D020 | Flanders | 166 m² | 1 · 70 m² | 13.7 m · 4 fl. |
| 21572C0021/00G011 | Brussels | 131 m² | 1 · 89 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ilse VAN DE MIEROP WOLSTRAAT 68-70,
1000 BRUSSEL 1 |
24-03-2026 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,749 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
Founded28-01-2021
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
41003General construction of other non-residential buildings
43331Floor and wall tiling
43341Painting of buildings
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.