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GREEN

Active
Private limited company (pre-2019)founded 199629 years activeMussenstraat(HEU) 5, 9070 Destelbergen, BelgiumKBO/BCE: BE 0459.101.790
Summary

GREEN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,342) and a net result of €5,896. Equity is growing by about 23% per year across the filed fiscal years. Its solvency ranks better than 17% of 13,582 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Wholesale trade
NACE 46220
1 site
Size
€38,120total assets 2025
Equity
-€4,342
Profit
€5,896
Turnover not published (micro schema)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 3 days early0 of 4 deeds read
Why 55raises riskCapped at 59: negative equityNegative equity -€4,342Liquidity: current ratio 0.97lowers riskSize: total assets €38,120Founded in 1996Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 14+14
equity -11.4% of total assets
Liquidity 18+2
short-term debt 75.3%
Profitability 75-25
return on assets 15.5%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,867 companies, NACE 46, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 2.2%▲ +0.4 percentage points vs 12-2024 02-2025: 1.6%▼ -0.6 percentage points vs 01-2025 03-2025: 1.7%▲ +0.1 percentage points vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 1.7%● unchanged vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.8%▲ +0.1 percentage points vs 09-2025 11-2025: 2.1%▲ +0.3 percentage points vs 10-2025 12-2025: 2.0%▼ -0.1 percentage points vs 11-2025 01-2026: 2.4%▲ +0.4 percentage points vs 12-2025highest value 02-2026: 1.7%▼ -0.7 percentage points vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.9 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 0.8%● unchanged vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
No credit on open account
Liquidity short (current ratio 0.97 against 0.77 in 2024; short-term debt: 75.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 14% on solvency, 18% on liquidity, 64% on profitability and 89% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €38,120
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€4,342
NBB · annual accounts
lowers risk · Founded in 1996
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.97
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 13582 sector peers (2025).
NBB · sector comparison
Position among 13582 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
1 day early
2023
21 days late
2022
4 days early
2021
3 days early
2020
160 days early
2019
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€4,342 View
  • Caution: Among the weakest 17% on solvencysector median 41.4% · 13,582 companies -11.4% View
  • Active since 1996founded 28-10-1996 29 years View

By topic

Financials

Fiscal year
2025
Total assets
€38,120
Profit
€5,896
Solvency
-11.4%
Go to Financials

Timeline

Events
30
Since
1998
Next accounts
by 31-01-2027
  1. 27-01-2023Annual accounts filed
  2. 30-06-2022Back to profit
  3. 28-01-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Wholesale tradeNACE 46220
Founded
28-10-1996
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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