GREEN CAPITAL VALUE
ActiveSummary
GREEN CAPITAL VALUE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-28
Solvency90▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.67 against 3.2 in 2023; short-term debt: 10.5% and cash: 20.7% of total assets), and 34.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 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 2024Solvency, return and age of the figures
Solvency
65.1%
Return on assets
3.6%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €74k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
8 d late
2022
24 d late
2021
29 d late
2020
31 d late
2019
357 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€74k▲ 5.9%
2023 · €70k
2018: €6k
2019: €-3k▼ -147% vs 2018
2020: €-12k▼ -292% vs 2019lowest in 7 years
2021: €-5k▲ +59.7% vs 2020
2022: €27k▲ +672% vs 2021
2023: €70k▲ +160% vs 2022
2024: €74k▲ +5.9% vs 2023highest in 7 years
2018 → 2024
Total assets
€114k▼ 1.5%
2023 · €115k
2018: €125khighest in 7 years
2019: €111k▼ -11.1% vs 2018
2020: €103k▼ -7.4% vs 2019lowest in 7 years
2021: €116k▲ +12.7% vs 2020
2022: €115k▼ -1.0% vs 2021
2023: €115k▲ +0.2% vs 2022
2024: €114k▼ -1.5% vs 2023
2018 → 2024
Net result
€4k▼ 90.4%
2023 · €43k
2018: €-7k
2019: €-9k▼ -26.1% vs 2018lowest in 7 years
2020: €-9k▲ +6.4% vs 2019
2021: €7k▲ +180% vs 2020
2022: €32k▲ +353% vs 2021
2023: €43k▲ +35.9% vs 2022highest in 7 years
2024: €4k▼ -90.4% vs 2023
2018 → 2024
Working capital
€20k▼ 13.8%
2023 · €23k
2018: €-42k
2019: €-50k▼ -16.9% vs 2018
2020: €-56k▼ -13.7% vs 2019lowest in 7 years
2021: €-46k▲ +18.5% vs 2020
2022: €-16k▲ +65.1% vs 2021
2023: €23k▲ +243% vs 2022highest in 7 years
2024: €20k▼ -13.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-12k-€-5k▲ 59.7%€27k€70k▲ 160%€74k▲ 5.9%
2020: €-12klowest in 5 years
2021: €-5k▲ +59.7% vs 2020
2022: €27k▲ +672% vs 2021
2023: €70k▲ +160% vs 2022
2024: €74k▲ +5.9% vs 2023highest in 5 years
Operating result€-6k-€9k€34k▲ 261%€45k▲ 33.5%€7k▼ 84.0%
2020: €-6klowest in 5 years
2021: €9k▲ +248% vs 2020
2022: €34k▲ +261% vs 2021
2023: €45k▲ +33.5% vs 2022highest in 5 years
2024: €7k▼ -84.0% vs 2023
Net result€-9k-€7k€32k▲ 353%€43k▲ 35.9%€4k▼ 90.4%
2020: €-9klowest in 5 years
2021: €7k▲ +180% vs 2020
2022: €32k▲ +353% vs 2021
2023: €43k▲ +35.9% vs 2022highest in 5 years
2024: €4k▼ -90.4% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 84% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €114k
Fixed assets
€82k =
Current assets
€32k ▼ 5.2%
Equity and liabilities €114k
Equity
€74k ▲ 5.9%
Debt
€40k ▼ 12.8%
Debt's share of the balance-sheet total falls from 39.4% to 34.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▼
2023 · €53k
Cash flow
€13k▼
2023 · €51k
Current ratio
2.67▼
2023 · 3.20
Debt to equity
0.54▼
2023 · 0.65
ROE
5.5%▼
2023 · 61.5%
ROA
3.6%▼
2023 · 37.2%
Interest coverage
5.88▼
2023 · 26.37
Debt ≤ 1 year
€12k▲
2023 · €10k
Debt > 1 year
€28k▼
2023 · €35k
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 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€115k€114k▼
Fixed assets21/28€82k€82k=
Tangible fixed assets22/27€82k€82k=
Land and buildings22€78k€80k▲
Furniture and vehicles24€4k€2k▼
Current assets29/58€33k€32k▼
Amounts receivable within one year40/41€17k€8k▼
Trade receivables40€14k-
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€16k€23k▲
Equity and liabilities
Total equity and liabilities10/49€115k€114k▼
Equity10/15€70k€74k▲
Contributions10/11€6k€6k=
Reserves13€63k€63k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€225€4k▲
Amounts payable17/49€45k€40k▼
Amounts payable after more than one year17€35k€28k▼
Financial debts170/4€35k€28k▼
Amounts payable within one year42/48€10k€12k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€54k€18k▼
Operating profit (loss)9901€45k€7k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Non-recurring financial charges66B-€372
Profit (loss) for the period before taxes9903€43k€4k▼
Profit (loss) for the period9904€43k€4k▼
Profit (loss) for the period to be appropriated9905€43k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€225€4k▲
Profit (loss) brought forward from the previous period14P€-43k€225▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €7k | €8k | €9k | ▲ 14.2% |
| Other operating charges640/8 | - | €1k | €2k | €2k | €2k | ▲ 4.0% |
| Gross operating margin9900 | €2k | €19k | €43k | €54k | €18k | ▼ 67.4% |
| Operating profit (loss)9901 | €-6k | €9k | €34k | €45k | €7k | ▼ 84.0% |
| Financial charges65/66B | - | €2k | €2k | €2k | €3k | ▲ 55.0% |
| Recurring financial charges65 | €2k | €2k | €2k | €2k | €3k | ▲ 36.4% |
| Non-recurring financial charges66B | - | - | - | - | €372 | - |
| Profit (loss) for the period before taxes9903 | €-9k | €7k | €32k | €43k | €4k | ▼ 90.4% |
| Income taxes67/77 | - | €-50 | - | - | - | - |
| Profit (loss) for the period9904 | €-9k | €7k | €32k | €43k | €4k | ▼ 90.4% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €7k | €32k | €43k | €4k | ▼ 90.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103k | €116k | €115k | €115k | €114k | ▼ 1.5% |
| Fixed assets21/28 | €101k | €92k | €85k | €82k | €82k | = |
| Tangible fixed assets22/27 | €101k | €92k | €85k | €82k | €82k | = |
| Land and buildings22 | - | €92k | €85k | €78k | €80k | ▲ 1.9% |
| Furniture and vehicles24 | - | - | - | €4k | €2k | ▼ 38.6% |
| Current assets29/58 | €2k | €24k | €30k | €33k | €32k | ▼ 5.2% |
| Amounts receivable within one year40/41 | €623 | €10k | €15k | €17k | €8k | ▼ 52.1% |
| Trade receivables40 | - | €9k | €14k | €14k | - | - |
| Other amounts receivable41 | - | €623 | €1k | €3k | €8k | ▲ 186% |
| Cash at bank and in hand54/58 | €2k | €662 | €15k | €16k | €23k | ▲ 44.1% |
| Deferred charges and accrued income490/1 | - | €13k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103k | €116k | €115k | €115k | €114k | ▼ 1.5% |
| Equity10/15 | €-12k | €-5k | €27k | €70k | €74k | ▲ 5.9% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €63k | €63k | €63k | €63k | €63k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €62k | €62k | €62k | €62k | = |
| Profit (loss) carried forward14 | €-81k | €-74k | €-43k | €225 | €4k | ▲ 1,822% |
| Amounts payable17/49 | €115k | €121k | €88k | €45k | €40k | ▼ 12.8% |
| Amounts payable after more than one year17 | €56k | €49k | €42k | €35k | €28k | ▼ 20.7% |
| Financial debts170/4 | - | €49k | €42k | €35k | €28k | ▼ 20.7% |
| Amounts payable within one year42/48 | €59k | €70k | €46k | €10k | €12k | ▲ 13.9% |
| Current portion of amounts payable after more than one year42 | - | €7k | €7k | €7k | €7k | ▲ 2.0% |
| Financial debts43 | - | €8 | - | - | - | - |
| Credit institutions430/8 | - | €8 | - | - | - | - |
| Trade debts44 | €8k | €981 | €140 | €3k | €5k | ▲ 40.4% |
| Suppliers440/4 | - | €981 | €140 | €3k | €5k | ▲ 40.4% |
| Taxes, remuneration and social security45 | - | - | €5k | - | - | - |
| Remuneration and social security454/9 | - | - | €5k | - | - | - |
| Other amounts payable47/48 | - | €62k | €33k | - | - | - |
| Accrued charges and deferred income492/3 | - | €2k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €7k | €32k | €43k | €4k | ▼ 90.4% |
| + Depreciation and write-downs630 | €8k | €8k | €7k | €8k | €9k | ▲ 14.2% |
| Operating cash flow (approximation) | €-299 | €15k | €39k | €51k | €13k | ▼ 74.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-4k | €-9k | ▼ 97.9% |
| Change in cash | - | €-1k | €14k | €1k | €7k | ▲ 449% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Highest result since 2018net €43k ▲35.9%
Operating result €45k, net result €43k, both a record.
31-12
Financial
Liquidity times 5current ratio 3.20
Current ratio from 0.65 to 3.20; short-term debt falls from €46k to €10k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 357 days late
06-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 706 days late
2019
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Ukkel · 1 establishment unit since 2009
Ground area
321 m²
Building footprint
157 m²
Volume, LiDAR
1,500 m³
2 parcels, Brussels · tallest building 15.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Green Capital Value
since 20092.183.170.090
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0386/00H003 | Brussels | 227 m² | 1 · 97 m² | 14.2 m · 3 fl. |
| 21616A0183/00N043 | Brussels | 94 m² | 1 · 60 m² | 15.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,418 companies in sector 46180 we hold annual accounts for 1,885. 1,403 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
Founded21-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.