Green Blasters

Active

Private limited companyfounded 20196 yrs activeMolenbeekstraat 1, 9520 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 0736.378.171

The computed 12-month bankruptcy probability of Green Blasters is 3.9% (moderate). The 2025 annual accounts show equity of €134k and a net result of €15k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 13061 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

100 / 100

Excellent▲ +7 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability56▲+4

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

3.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days acceptable

Liquidity ample (current ratio 4.49 against 3.5 in 2024), and 25.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

74.7%

Return on assets

8.4%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-03-2026, 128 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

128 d early

2024

43 d early

2023

47 d early

2022

52 d early

2021

51 d early

2020

45 d early

← before the deadline after the deadline →

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

14-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€134k▲ 12.7%

2024 · €119k

2020: €35k 2021: €65k 2022: €81k 2023: €107k 2024: €119k

2020 → 2025

Total assets

€180k▲ 6.2%

2024 · €169k

2020: €141k 2021: €152k 2022: €157k 2023: €169k 2024: €169k

2020 → 2025

Net result

€15k▲ 21.9%

2024 · €12k

2020: €15k 2021: €30k 2022: €16k 2023: €26k 2024: €12k

2020 → 2025

Working capital

€105k▲ 38.2%

2024 · €76k

2020: €2k 2021: €-8k 2022: €12k 2023: €45k 2024: €76k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€65k-€81k▲ 25.3%€107k▲ 31.5%€119k▲ 11.6%€134k▲ 12.7%

Operating result€38k-€24k▼ 36.8%€37k▲ 54.5%€21k▼ 43.0%€24k▲ 10.7%

Net result€30k-€16k▼ 44.6%€26k▲ 56.4%€12k▼ 51.6%€15k▲ 21.9%

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 11% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €180k

24.9%

75.1%

Fixed assets €45k▼ 28.9%

Current assets €135k▲ 26.9%

Equity and liabilities €180k

74.7%

25.3%

Equity €134k▲ 12.7%

Debt €45k▼ 9.3%

The debt ratio falls from 29.6% to 25.3%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€44k▼

2024 · €45k

Cash flow

€35k▼

2024 · €36k

Solvency

74.7%▲

2024 · 70.4%

Current ratio

4.49▲

2024 · 3.50

Quick ratio

4.39▲

2024 · 3.43

Debt / equity

0.34▼

2024 · 0.42

ROE

11.3%▲

2024 · 10.4%

ROA

8.4%▲

2024 · 7.3%

Interest coverage

20.36▲

2024 · 18.71

Debt

€45k▼

2024 · €50k

Debt ≤ 1 year

€30k▼

2024 · €30k

Debt > 1 year

€11k▼

2024 · €15k

Income taxes

€7k▲

2024 · €7k

Staff costs

€12k▲

2024 · €11k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€169k€180k▲

Fixed assets21/28€63k€45k▼

Tangible fixed assets22/27€63k€45k▼

Plant, machinery and equipment23€63k€45k▼

Furniture and vehicles24€114€0▼

Current assets29/58€106k€135k▲

Stocks and contracts in progress3€2k€3k▲

Stocks30/36€2k€3k▲

Amounts receivable within one year40/41€9k€5k▼

Trade receivables40€2k€2k▼

Other amounts receivable41€6k€3k▼

Current investments50/53€20k€25k▲

Cash at bank and in hand54/58€73k€99k▲

Deferred charges and accrued income490/1€3k€3k▲

Equity and liabilities

Total equity and liabilities10/49€169k€180k▲

Equity10/15€119k€134k▲

Contributions10/11€20k€20k=

Reserves13€99k€114k▲

Distributable reserves133€99k€114k▲

Amounts payable17/49€50k€45k▼

Amounts payable after more than one year17€15k€11k▼

Financial debts170/4€15k€11k▼

Amounts payable within one year42/48€30k€30k▼

Current portion of amounts payable after more than one year42€4k€4k▲

Trade debts44€2k€2k▲

Suppliers440/4€2k€2k▲

Advances received on contracts in progress46€0-

Taxes, remuneration and social security45€2k€836▼

Taxes450/3€1k€836▼

Remuneration and social security454/9€806€0▼

Other amounts payable47/48€23k€24k▲

Accrued charges and deferred income492/3€5k€4k▼

Income statement Code20242025

Remuneration, social security and pensions62€11k€12k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€20k▼

Other operating charges640/8€362€876▲

Gross operating margin9900€57k€57k▼

Operating profit (loss)9901€21k€24k▲

Financial income75/76B€61€1k▲

Recurring financial income75€61€1k▲

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€19k€23k▲

Income taxes67/77€7k€7k▲

Profit (loss) for the period9904€12k€15k▲

Profit (loss) for the period to be appropriated9905€12k€15k▲

Appropriation of the result

Profit (loss) to be appropriated9906€12k€15k▲

Transfer to equity691/2€12k€15k▲

To other reserves6921€12k€15k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

25-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

18-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €12k ▼51.6%

Net result drops to €12k, the lowest in the series; recovery starts the following year.

14-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €100kEq €107k ▲31.5%

4 profitable years in a row build equity to €107k.

09-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

10-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2020net €30k ▲93.4%

Operating result €38k, net result €30k, both a record.

16-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Lievens-Houtem · 2 establishment units since 2019

establishment All 2 establishment units on the map

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.

Molenbeekstraat 19520 Sint-Lievens-Houtem

Ground area

1,539 m²

Building footprint

417 m²

Volume, LiDAR

735 m³

2 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

DE FRIETSCHUUR

Oordegemstraat 20, 9520 Sint-Lievens-HoutemFull-service restaurants

since 20192.294.795.712

Green Blasters

Molenbeekstraat 1, 9520 Sint-Lievens-HoutemWholesale trade

since 20222.330.008.591

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41007A0264/00N000	Flanders	1,004 m²	1 · 96 m²	9.9 m · 3 fl.
41072E0302/00N000	Flanders	534 m²	1 · 321 m²	-

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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Sint-Lievens-Houtem2.294.795.712

1 permission

Toelating · Frituur · since 11-12-2019

Similar companies · same sector, comparable size

Of 20,231 companies in sector 56111 we hold annual accounts for 11,311. 9,112 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-10-2019

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.