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GREEN 17

Active
Private limited companyfounded 20232 yrs activeKattendijkdok-Oostkaai 60, 2000 Antwerpen, BelgiumKBO/BCE: BE 1003.897.243
Summary

The computed 12-month bankruptcy probability of GREEN 17 is 3.1% (moderate). The 2025 annual accounts show negative equity (-€107,427) and a net result of -€147,366. Its solvency ranks better than 5% of 8161 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-59
Growth32
Track record82
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 1.39 in 2024; short-term debt: 97.8% and cash: 8.6% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-93.8%
Return on assets
-128.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€107,427
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 2 filings
Deviation from the deadline
2025
14 d late
2024
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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 17 was incorporated on 26 December 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€107,427
2024 · €46,324
Total assets
€114,506▼ 16.7%
2024 · €137,541
Net result
-€147,366▼ 175%
2024 · -€53,676
Working capital
-€7,145
2024 · €35,453
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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
Line20242025
Operating result-€53,174--€145,350▼ 173%
Net result-€53,676below the sector's middle half--€147,366below the sector's middle half▼ 175%
Equity€46,324below the sector's middle half--€107,427below the sector's middle half
Total assets€137,541below the sector's middle half-€114,506below the sector's middle half▼ 16.7%
Debt€91,217-€221,933▲ 143%
Working capital€35,453below the sector's middle half--€7,145below the sector's middle half
Solvency33.7%within the sector's middle half--93.8%below the sector's middle half▼ 127.5pp
Current ratio1.39within the sector's middle half-0.94below the sector's middle half▼ 0.45
Return on assets (ROA)-39.0%below the sector's middle half--128.7%below the sector's middle half▼ 89.7pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2024: -€53,174-€53,174Net result 2024: -€53,676-€53,676Operating result 2025: -€145,350-€145,350Net result 2025: -€147,366-€147,36620242025-€150,000-€100,000-€50,000€0Operating result 2024: -€53,174-€53,200Net result 2024: -€53,676-€53,700Operating result 2025: -€145,350-€145,000Net result 2025: -€147,366-€147,00020242025
The operating result stays negative: a loss of €145,350 in 2025 against €53,174 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114,506
Fixed assets €9,717 ▼ 10.6%
Current assets €104,789 ▼ 17.3%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€144,197▼
2024 · -€52,508
Cash flow
-€146,212▼
2024 · -€53,010
Quick ratio
0.87▼
2024 · 1.26
Debt to equity
-2.07▼
2024 · 1.97
Interest coverage
-61.67▲
2024 · -104.56
Debt ≤ 1 year
€111,933▲
2024 · €91,217
Debt > 1 year
€110,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 7,638 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€137,541€114,506▼
Fixed assets21/28€10,871€9,717▼
Intangible fixed assets21€10,870€9,716▼
Financial fixed assets28€1€1=
Current assets29/58€126,670€104,789▼
Stocks and contracts in progress3€11,400€7,013▼
Stocks30/36€11,400€7,013▼
Amounts receivable within one year40/41€95,867€87,933▼
Trade receivables40€94,388€27,487▼
Other amounts receivable41€1,479€60,447▲
Cash at bank and in hand54/58€14,403€9,843▼
Deferred charges and accrued income490/1€5,000€0▼
Equity and liabilities
Total equity and liabilities10/49€137,541€114,506▼
Equity10/15€46,324-€107,427▼
Contributions10/11€100,000€100,000=
Profit (loss) carried forward14-€53,676-€207,427▼
Amounts payable17/49€91,217€221,933▲
Amounts payable after more than one year17-€110,000
Financial debts170/4-€110,000
Amounts payable within one year42/48€91,217€111,933▲
Financial debts43€459€3,327▲
Other loans439€459€3,327▲
Trade debts44€37,789€37,587▼
Suppliers440/4€37,789€37,587▼
Taxes, remuneration and social security45€2,689€0▼
Taxes450/3€2,689€0▼
Other amounts payable47/48€50,280€71,020▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€666€1,154▲
Other operating charges640/8-€6,199
Gross operating margin9900-€52,508-€137,998▼
Operating profit (loss)9901-€53,174-€145,350▼
Financial income75/76B-€323
Recurring financial income75-€323
Financial charges65/66B€502€2,338▲
Recurring financial charges65€502€2,338▲
Profit (loss) for the period before taxes9903-€53,676-€147,366▼
Profit (loss) for the period9904-€53,676-€147,366▼
Profit (loss) for the period to be appropriated9905-€53,676-€147,366▼
Appropriation of the result
Profit (loss) to be appropriated9906-€53,676-€207,427▼
Profit (loss) brought forward from the previous period14P--€60,061

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€666€1,154▲ 73.1%
Other operating charges640/8-€6,199-
Gross operating margin9900-€52,508-€137,998▼ 163%
Operating profit (loss)9901-€53,174-€145,350▼ 173%
Financial income75/76B-€323-
Recurring financial income75-€323-
Financial charges65/66B€502€2,338▲ 366%
Recurring financial charges65€502€2,338▲ 366%
Profit (loss) for the period before taxes9903-€53,676-€147,366▼ 175%
Profit (loss) for the period9904-€53,676-€147,366▼ 175%
Profit (loss) for the period to be appropriated9905-€53,676-€147,366▼ 175%
Line20242025Change
Assets
Total assets20/58€137,541€114,506▼ 16.7%
Fixed assets21/28€10,871€9,717▼ 10.6%
Intangible fixed assets21€10,870€9,716▼ 10.6%
Financial fixed assets28€1€1=
Current assets29/58€126,670€104,789▼ 17.3%
Stocks and contracts in progress3€11,400€7,013▼ 38.5%
Stocks30/36€11,400€7,013▼ 38.5%
Amounts receivable within one year40/41€95,867€87,933▼ 8.3%
Trade receivables40€94,388€27,487▼ 70.9%
Other amounts receivable41€1,479€60,447▲ 3,988%
Cash at bank and in hand54/58€14,403€9,843▼ 31.7%
Deferred charges and accrued income490/1€5,000€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€137,541€114,506▼ 16.7%
Equity10/15€46,324-€107,427▼ 332%
Contributions10/11€100,000€100,000=
Profit (loss) carried forward14-€53,676-€207,427▼ 286%
Amounts payable17/49€91,217€221,933▲ 143%
Amounts payable after more than one year17-€110,000-
Financial debts170/4-€110,000-
Amounts payable within one year42/48€91,217€111,933▲ 22.7%
Financial debts43€459€3,327▲ 625%
Other loans439€459€3,327▲ 625%
Trade debts44€37,789€37,587▼ 0.5%
Suppliers440/4€37,789€37,587▼ 0.5%
Taxes, remuneration and social security45€2,689€0▼ 100%
Taxes450/3€2,689€0▼ 100%
Other amounts payable47/48€50,280€71,020▲ 41.2%
Line20242025Change
Profit (loss) for the period9904-€53,676-€147,366▼ 175%
+ Depreciation and write-downs630€666€1,154▲ 73.1%
Operating cash flow (approximation)-€53,010-€146,212▼ 176%
Investment in fixed assets (approximation)-€0-
Change in cash--€4,561-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
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.

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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, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
3,038 m²
Volume, LiDAR
17,652 m³
Parcel 11807G0154/00S004, Flanders · tallest building 75.4 m. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
GREEN 17
Kattendijkdok-Oostkaai 60, 2000 AntwerpenWholesale of wines and spirits
since 20232.354.558.402
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11807G0154/00S004 Flanders 1.2 ha 1 · 3,038 m² 75.4 m
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.

Structure & network

Owners and holdings

2 owners · 1 holding

Chain of control

  1. Raket 17 100%
  2. GREEN 17

Highest known parent: Raket 17. The sources do not say who stands above it.

Owners 2

Holdings 1

According to the 2025 annual accounts of GREEN 17 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.354.558.402
1 permission
Groothandelaar LM>3 maand · since 15-01-2024

Similar companies · same sector, comparable size

Of 1,583 companies in sector 46349 we hold annual accounts for 991. 595 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
Founded26-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47120Other non-specialised retail sale
Contact
E-mail info@green17.be
E-mail info@youandmevodka.comAntwerpen
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003897243
Also 9925:BE1003897243
Registered 03-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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