Green Circle Salons Benelux
ActiveSummary
The computed 12-month bankruptcy probability of Green Circle Salons Benelux is 2.2% (moderate). The 2025 annual accounts show negative equity (-€25,093) and a net result of -€140,511. Equity has been growing by about 150% per year since 2023. Its solvency ranks better than 15% of 206 sector peers (NACE 38, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 29-08-2022 Normal situation
- Activity
- Waste collection, recovery and disposal activities NACE 38110and 2 others
- Joint committee
- 200 Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.335.670.423 9831 Sint-Martens-Latem, since 29-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 28-05-2025
Board and ownership
- DECRÊM, Nicolas Lisa AntoineDirector · since 29-08-2022
- LEBBE, Karel Gerard Marcel Cornelius6,300 sharesdeed of 31-08-2022
- DECRÊM, Nicolas Lisa Antoine6,300 sharesdeed of 31-08-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.2%
- Gross margin
- -€2,187
- ▲ 94.1%
- Loss
- €140,511
- ▲ 79.1%
- Equity
- -€25,093
- ▲ 27.4%
- Total assets
- €260,908
- ▼ 22.5%
- Employees on 31-12-2025
- 1
- =
- Negative equity on 31-12-2025
Score breakdownraises riskLoss of €140,511, the second in a row (financial year 2025)1 of the last 3 accounts lateNegative equity -€25,093lowers riskLiquidity: current ratio 1.24, cash €94,154Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 38, micro). It does better than 12% of them on solvency, 79% on liquidity, 6% on profitability and 81% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 3 accounts on average 10 days after the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€25,093 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€140,511 View
- Caution: Result fell in 2025from -€78,453 to -€140,511 ▼ 79.1% View
- Caution: Lower net result than 95% of companies in waste collection and treatmentsector median €5,697 · 205 companies -€140,511 View
Recent changes
- · Gazette deed Capital increase of €150,000
- · Gazette deed Resignation: Karel LEBBE (director)25,000 new shares · 18,125 new shares · Contribution of €72,500
- · Gazette deed Capital contribution of €40,000“Daarnaast stelt de vennootschap zich tot doel om middels haar bedrijfsvoering en economische activiteiten,een…” (deed in Dutch)
Comparable companies
These companies have the same main activity as Green Circle Salons Benelux: waste collection, recovery and disposal activities (NACE 38110). They are comparable in size and age: total assets between €43,400 and €443,000, founded between 2021 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| Green Circle Salons Benelux Sint-Martens-Latem | €260,908 | -€2,187 |
| Grounds Up Temse | €227,377 | -€23,706 |
| EATCAN Seneffe | €443,156 | -€20,390 |
| Selide Incourt | €401,077 | -€107,209 |
| DIMET Linkebeek | €68,468 | -€27,337 |
| TERRA+ Waregem | €52,154 | -€83,686 |
| RECYCLAGE, MATERIEL ET TRANSPORT Herstal | €43,429 | -€3,660 |
Key facts about Green Circle Salons Benelux
- What is the company number of Green Circle Salons Benelux?
- The company number of Green Circle Salons Benelux is 0790.181.004. The VAT number is the same number with BE in front: BE 0790.181.004.
- Where is Green Circle Salons Benelux based?
- The registered office is at Xavier De Cocklaan 86-88, 9831 Sint-Martens-Latem.Company details
- What does Green Circle Salons Benelux do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38110).
- What is the legal form of Green Circle Salons Benelux?
- Green Circle Salons Benelux is a private limited company (BV).
- When was Green Circle Salons Benelux founded?
- Green Circle Salons Benelux was founded on 29-08-2022.
- Is Green Circle Salons Benelux still active?
- Yes, Green Circle Salons Benelux is an active enterprise in the KBO register.
- How many employees does Green Circle Salons Benelux have?
- Green Circle Salons Benelux had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Green Circle Salons Benelux fall under?
- In its 2024 annual accounts, Green Circle Salons Benelux states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Green Circle Salons Benelux?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is Green Circle Salons Benelux profitable?
- In financial year 2025, Green Circle Salons Benelux made a loss of €140,511.
- Where can I find the annual accounts of Green Circle Salons Benelux?
- Green Circle Salons Benelux filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Green Circle Salons Benelux due?
- Green Circle Salons Benelux must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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