Skip to content

GREEN

Active
Private limited company (pre-2019)founded 200521 yrs activeRue Devant les Religieuses 33, 4960 Malmedy, BelgiumKBO/BCE: BE 0874.244.172
Summary

For GREEN, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €72,003 and a net result of €4,834. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 21189 sector peers (fiscal year 2021). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability49▼-23
Solvency84▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021
Solvency, return and age of the figures
Solvency
59.3%
Return on assets
4%
Age of the figures
57 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-06-2023, 334 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
334 d late
2020
31 d late
2019
99 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 155 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GREEN was incorporated on 3 June 2005.1 Total assets went from EUR 116,414 in 2018 to EUR 121,455 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€72,003▲ 7.2%
2020 · €67,170
Total assets
€121,455=
2020 · €121,461
Net result
€4,834▼ 71.0%
2020 · €16,649
Working capital
€32,345▼ 6.5%
2020 · €34,602
Trend over the years

Click a name to add, emphasise or remove a line.Band: 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€7,671-€11,030▲ 43.8%€25,460▲ 131%€8,361▼ 67.2%
Net result€9,814-€4,331▼ 55.9%€16,649within the sector's middle half▲ 284%€4,834within the sector's middle half▼ 71.0%
Equity€46,191-€50,521▲ 9.4%€67,170within the sector's middle half▲ 33.0%€72,003within the sector's middle half▲ 7.2%
Total assets€116,414-€105,626▼ 9.3%€121,461within the sector's middle half▲ 15.0%€121,455within the sector's middle half=
Debt€70,223-€55,105▼ 21.5%€54,291▼ 1.5%€49,452▼ 8.9%
Working capital€21,971-€24,176▲ 10.0%€34,602▲ 43.1%€32,345▼ 6.5%
Solvency39.7%-47.8%▲ 8.2pp55.3%within the sector's middle half▲ 7.5pp59.3%within the sector's middle half▲ 4.0pp
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
€0€10,000€20,000€30,000Operating result 2018: €7,671€7,671Net result 2018: €9,814€9,814Operating result 2019: €11,030€11,030Net result 2019: €4,331€4,331Operating result 2020: €25,460€25,460Net result 2020: €16,649€16,649Operating result 2021: €8,361€8,361Net result 2021: €4,834€4,8342018201920202021€0€10,000€20,000€30,000Operating result 2019: €11,030€11,000Net result 2019: €4,331€4,330Operating result 2020: €25,460€25,500Net result 2020: €16,649€16,600Operating result 2021: €8,361€8,360Net result 2021: €4,834€4,830201920202021
The operating result falls in 2021; 2021 is 67% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €121,455
Fixed assets €62,593 ▼ 5.2%
Current assets €58,862 ▲ 6.2%
Equity and liabilities €121,455
Equity €72,003 ▲ 7.2%
Debt €49,452 ▼ 8.9%
Debt's share of the balance-sheet total falls from 44.7% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€11,819▼
2020 · €28,919
Cash flow
€8,292▼
2020 · €20,107
Current ratio
2.22▼
2020 · 2.66
Quick ratio
2.06▼
2020 · 2.46
Debt to equity
0.69▲
2020 · 0.50
ROE
6.7%▼
2020 · 24.8%
ROA
4.0%▼
2020 · 13.7%
Interest coverage
3.08
Debt ≤ 1 year
€26,517▲
2020 · €20,807
Debt > 1 year
€22,935▼
2020 · €33,484
Income taxes
€2,418▼
2020 · €2,774
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 46 lines
Balance sheet Code20202021
Assets
Total assets20/58€121,461€121,455=
Fixed assets21/28€66,052€62,593▼
Tangible fixed assets22/27€65,902€62,443▼
Land and buildings22-€62,443
Financial fixed assets28€150€150=
Current assets29/58€55,410€58,862▲
Stocks and contracts in progress3€4,255€4,135▼
Stocks30/36-€4,135
Amounts receivable within one year40/41€35,312€43,583▲
Trade receivables40-€10,075
Other amounts receivable41-€33,508
Cash at bank and in hand54/58€15,842€10,116▼
Deferred charges and accrued income490/1-€1,028
Equity and liabilities
Total equity and liabilities10/49€121,461€121,455=
Equity10/15€67,170€72,003▲
Contributions10/11-€6,200
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€59,110€63,943▲
Amounts payable17/49€54,291€49,452▼
Amounts payable after more than one year17€33,484€22,935▼
Financial debts170/4-€22,935
Amounts payable within one year42/48€20,807€26,517▲
Current portion of amounts payable after more than one year42-€15,578
Financial debts43-€1,711
Credit institutions430/8-€1,711
Trade debts44€3,371€5,954▲
Suppliers440/4-€5,954
Taxes, remuneration and social security45-€3,274
Taxes450/3-€3,274
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,458€3,458=
Other operating charges640/8-€2,515
Gross operating margin9900€30,560€14,334▼
Operating profit (loss)9901€25,460€8,361▼
Financial income75/76B-€2,728
Recurring financial income75€8,500€2,728▼
Non-recurring financial income76B-€2,728
Financial charges65/66B-€3,837
Recurring financial charges65€10,375€3,837▼
Profit (loss) for the period before taxes9903€19,423€7,252▼
Income taxes67/77€2,774€2,418▼
Profit (loss) for the period9904€16,649€4,834▼
Profit (loss) for the period to be appropriated9905€16,649€4,834▼
Appropriation of the result
Profit (loss) to be appropriated9906-€63,943
Profit (loss) brought forward from the previous period14P-€59,110

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,758€6,758€3,458€3,458=
Other operating charges640/8---€2,515-
Gross operating margin9900€16,126€19,688€30,560€14,334▼ 53.1%
Operating profit (loss)9901€7,671€11,030€25,460€8,361▼ 67.2%
Financial income75/76B---€2,728-
Recurring financial income75--€8,500€2,728▼ 67.9%
Non-recurring financial income76B---€2,728-
Financial charges65/66B---€3,837-
Recurring financial charges65€1,262€8,239€10,375€3,837▼ 63.0%
Profit (loss) for the period before taxes9903€9,994€5,430€19,423€7,252▼ 62.7%
Income taxes67/77€180€1,099€2,774€2,418▼ 12.8%
Profit (loss) for the period9904€9,814€4,331€16,649€4,834▼ 71.0%
Profit (loss) for the period to be appropriated9905€9,814€4,331€16,649€4,834▼ 71.0%
Line2018201920202021Change
Assets
Total assets20/58€116,414€105,626€121,461€121,455=
Fixed assets21/28€76,268€69,510€66,052€62,593▼ 5.2%
Tangible fixed assets22/27€76,118€69,360€65,902€62,443▼ 5.2%
Land and buildings22---€62,443-
Financial fixed assets28€150€150€150€150=
Current assets29/58€40,145€36,116€55,410€58,862▲ 6.2%
Stocks and contracts in progress3€3,735€3,985€4,255€4,135▼ 2.8%
Stocks30/36---€4,135-
Amounts receivable within one year40/41€26,901€20,050€35,312€43,583▲ 23.4%
Trade receivables40---€10,075-
Other amounts receivable41---€33,508-
Cash at bank and in hand54/58€8,774€11,358€15,842€10,116▼ 36.1%
Deferred charges and accrued income490/1---€1,028-
Equity and liabilities
Total equity and liabilities10/49€116,414€105,626€121,461€121,455=
Equity10/15€46,191€50,521€67,170€72,003▲ 7.2%
Contributions10/11€6,200€6,200-€6,200-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Profit (loss) carried forward14€38,131€42,461€59,110€63,943▲ 8.2%
Amounts payable17/49€70,223€55,105€54,291€49,452▼ 8.9%
Amounts payable after more than one year17€52,049€43,165€33,484€22,935▼ 31.5%
Financial debts170/4---€22,935-
Amounts payable within one year42/48€18,174€11,940€20,807€26,517▲ 27.4%
Current portion of amounts payable after more than one year42---€15,578-
Financial debts43---€1,711-
Credit institutions430/8---€1,711-
Trade debts44€10,104€6,338€3,371€5,954▲ 76.6%
Suppliers440/4---€5,954-
Taxes, remuneration and social security45---€3,274-
Taxes450/3---€3,274-
Line2018201920202021Change
Profit (loss) for the period9904€9,814€4,331€16,649€4,834▼ 71.0%
+ Depreciation and write-downs630€6,758€6,758€3,458€3,458=
Operating cash flow (approximation)€16,572€11,089€20,107€8,292▼ 58.8%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash-€2,584€4,484-€5,726▼ 228%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 334 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Highest result since 2018net €16,649 ▲284%
Operating result €25,460, net result €16,649, both a record.
07-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 99 days late
24-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 421 days late
2019
31-12
Financial Weakest financial yearnet €4,331 ▼55.9%
Net result drops to €4,331, the lowest in the series; recovery starts the following year.
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
19-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
19-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 19 days late
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 30 days late
Financial 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, Malmedy · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
127 m²
Building footprint
130 m²
Volume, LiDAR
1,175 m³
Parcel 63049C0707/00A000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
GREEN
Rue Devant les Religieuses 33, 4960 MalmedyRaising of dairy cattle
since 20052.147.499.826
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63049C0707/00A000 Wallonia 127 m² 1 · 130 m² 11.5 m · 3 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.

Similar companies · same sector, comparable size

Of 3,390 companies in sector 47761 we hold annual accounts for 1,156. 879 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)
Founded03-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
47722Retail trade
77229Renting and leasing of other personal and household goods
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.