GREEN CONCEPT & SERVICES
ActiveSummary
GREEN CONCEPT & SERVICES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €406k and a net result of €3k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-3
Solvency71▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.27 in 2024; short-term debt: 32.7% and cash: 17.7% of total assets), and 54.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.9%
Return on assets
0.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
70 d early
2023
30 d early
2022
80 d early
2021
38 d early
2020
46 d early
2019
43 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€406k▲ 0.8%
2024 · €403k
2018: €159klowest in 8 years
2019: €235k▲ +47.9% vs 2018
2020: €279k▲ +18.9% vs 2019
2021: €299k▲ +7.2% vs 2020
2022: €349k▲ +16.5% vs 2021
2023: €378k▲ +8.4% vs 2022
2024: €403k▲ +6.6% vs 2023
2025: €406k▲ +0.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€886k▲ 3.0%
2024 · €860k
2018: €495k
2019: €501k▲ +1.3% vs 2018
2020: €470k▼ -6.2% vs 2019lowest in 8 years
2021: €544k▲ +15.6% vs 2020
2022: €613k▲ +12.7% vs 2021
2023: €761k▲ +24.1% vs 2022
2024: €860k▲ +13.0% vs 2023
2025: €886k▲ +3.0% vs 2024highest in 8 years
2018 → 2025
Net result
€3k▼ 87.0%
2024 · €25k
2018: €26k
2019: €76k▲ +191% vs 2018highest in 8 years
2020: €44k▼ -41.6% vs 2019
2021: €9k▼ -79.9% vs 2020
2022: €69k▲ +677% vs 2021
2023: €59k▼ -14.8% vs 2022
2024: €25k▼ -57.6% vs 2023
2025: €3k▼ -87.0% vs 2024lowest in 8 years
2018 → 2025
Working capital
€117k▲ 63.1%
2024 · €72k
2018: €11klowest in 8 years
2019: €67k▲ +533% vs 2018
2020: €118k▲ +75.6% vs 2019
2021: €132k▲ +12.0% vs 2020highest in 8 years
2022: €107k▼ -19.2% vs 2021
2023: €76k▼ -29.0% vs 2022
2024: €72k▼ -5.1% vs 2023
2025: €117k▲ +63.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€299k-€349k▲ 16.5%€378k▲ 8.4%€403k▲ 6.6%€406k▲ 0.8%
2021: €299klowest in 5 years
2022: €349k▲ +16.5% vs 2021
2023: €378k▲ +8.4% vs 2022
2024: €403k▲ +6.6% vs 2023
2025: €406k▲ +0.8% vs 2024highest in 5 years
Operating result€18k-€80k▲ 335%€83k▲ 3.6%€42k▼ 49.0%€12k▼ 71.2%
2021: €18k
2022: €80k▲ +335% vs 2021
2023: €83k▲ +3.6% vs 2022highest in 5 years
2024: €42k▼ -49.0% vs 2023
2025: €12k▼ -71.2% vs 2024lowest in 5 years
Net result€9k-€69k▲ 677%€59k▼ 14.8%€25k▼ 57.6%€3k▼ 87.0%
2021: €9k
2022: €69k▲ +677% vs 2021highest in 5 years
2023: €59k▼ -14.8% vs 2022
2024: €25k▼ -57.6% vs 2023
2025: €3k▼ -87.0% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 71% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €886k
Fixed assets
€479k ▼ 8.0%
Current assets
€407k ▲ 20.0%
Equity and liabilities €886k
Equity
€406k ▲ 0.8%
Debt
€479k ▲ 5.0%
Debt's share of the balance-sheet total rises from 53.1% to 54.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€271k▼
2024 · €279k
Cash flow
€262k▼
2024 · €262k
Current ratio
1.41▲
2024 · 1.27
Quick ratio
1.24▲
2024 · 1.05
Debt to equity
1.18▲
2024 · 1.13
ROE
0.8%▼
2024 · 6.2%
ROA
0.4%▼
2024 · 2.9%
Interest coverage
25.17▼
2024 · 29.46
Debt ≤ 1 year
€290k▲
2024 · €267k
Debt > 1 year
€67k▼
2024 · €89k
Income taxes
€299▼
2024 · €8k
Staff costs
€543k▲
2024 · €527k
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 · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€860k€886k▲
Formation expenses20€0€0=
Fixed assets21/28€521k€479k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€520k€479k▼
Plant, machinery and equipment23€41k€76k▲
Furniture and vehicles24€197k€170k▼
Other tangible fixed assets26€282k€232k▼
Financial fixed assets28€370€370=
Current assets29/58€339k€407k▲
Stocks and contracts in progress3€59k€49k▼
Stocks30/36€59k€49k▼
Amounts receivable within one year40/41€183k€184k▲
Trade receivables40€169k€156k▼
Other amounts receivable41€14k€28k▲
Cash at bank and in hand54/58€85k€157k▲
Deferred charges and accrued income490/1€13k€16k▲
Equity and liabilities
Total equity and liabilities10/49€860k€886k▲
Equity10/15€403k€406k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€328k€331k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€321k€324k▲
Amounts payable17/49€456k€479k▲
Amounts payable after more than one year17€89k€67k▼
Financial debts170/4€89k€67k▼
Amounts payable within one year42/48€267k€290k▲
Current portion of amounts payable after more than one year42€67k€90k▲
Trade debts44€118k€79k▼
Suppliers440/4€118k€79k▼
Taxes, remuneration and social security45€81k€121k▲
Taxes450/3€31k€50k▲
Remuneration and social security454/9€50k€70k▲
Other amounts payable47/48€818€791▼
Accrued charges and deferred income492/3€100k€123k▲
Income statement
Code20242025
Non-recurring operating income76A€16k-
Remuneration, social security and pensions62€527k€543k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€237k€259k▲
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€517
Gross operating margin9900€808k€818k▲
Operating profit (loss)9901€42k€12k▼
Financial income75/76B€163€2k▲
Recurring financial income75€163€2k▲
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€33k€4k▼
Income taxes67/77€8k€299▼
Profit (loss) for the period9904€25k€3k▼
Profit (loss) for the period to be appropriated9905€25k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€3k▼
Transfer to equity691/2€25k€3k▼
To other reserves6921€25k€3k▼
Social balance
Average headcount (FTE)908710.3-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €372 | - | €7k | €16k | - | - |
| Remuneration, social security and pensions62 | €288k | €404k | €454k | €527k | €543k | ▲ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €148k | €139k | €189k | €237k | €259k | ▲ 9.1% |
| Other operating charges640/8 | €4k | €5k | €5k | €2k | €4k | ▲ 82.7% |
| Non-recurring operating charges66A | €40k | €411 | - | - | €517 | - |
| Gross operating margin9900 | €498k | €629k | €730k | €808k | €818k | ▲ 1.2% |
| Operating profit (loss)9901 | €18k | €80k | €83k | €42k | €12k | ▼ 71.2% |
| Financial income75/76B | €171 | €1k | €141 | €163 | €2k | ▲ 1,252% |
| Recurring financial income75 | €171 | €1k | €141 | €163 | €2k | ▲ 1,252% |
| Financial charges65/66B | €3k | €3k | €5k | €9k | €11k | ▲ 13.6% |
| Recurring financial charges65 | €3k | €3k | €5k | €9k | €11k | ▲ 13.6% |
| Profit (loss) for the period before taxes9903 | €16k | €77k | €78k | €33k | €4k | ▼ 89.1% |
| Income taxes67/77 | €7k | €8k | €19k | €8k | €299 | ▼ 96.1% |
| Profit (loss) for the period9904 | €9k | €69k | €59k | €25k | €3k | ▼ 87.0% |
| Profit (loss) for the period to be appropriated9905 | €9k | €69k | €59k | €25k | €3k | ▼ 87.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €544k | €613k | €761k | €860k | €886k | ▲ 3.0% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €228k | €325k | €458k | €521k | €479k | ▼ 8.0% |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €228k | €325k | €457k | €520k | €479k | ▼ 8.0% |
| Plant, machinery and equipment23 | €16k | €11k | €9k | €41k | €76k | ▲ 84.4% |
| Furniture and vehicles24 | €55k | €60k | €142k | €197k | €170k | ▼ 13.7% |
| Other tangible fixed assets26 | €157k | €254k | €306k | €282k | €232k | ▼ 17.6% |
| Financial fixed assets28 | €370 | €370 | €370 | €370 | €370 | = |
| Current assets29/58 | €316k | €287k | €303k | €339k | €407k | ▲ 20.0% |
| Stocks and contracts in progress3 | €20k | €29k | €31k | €59k | €49k | ▼ 15.9% |
| Stocks30/36 | €20k | €29k | €31k | €59k | €49k | ▼ 15.9% |
| Amounts receivable within one year40/41 | €149k | €176k | €176k | €183k | €184k | ▲ 0.8% |
| Trade receivables40 | €146k | €174k | €176k | €169k | €156k | ▼ 7.9% |
| Other amounts receivable41 | €3k | €2k | €216 | €14k | €28k | ▲ 107% |
| Cash at bank and in hand54/58 | €147k | €71k | €84k | €85k | €157k | ▲ 84.7% |
| Deferred charges and accrued income490/1 | - | €11k | €11k | €13k | €16k | ▲ 29.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €544k | €613k | €761k | €860k | €886k | ▲ 3.0% |
| Equity10/15 | €299k | €349k | €378k | €403k | €406k | ▲ 0.8% |
| Contributions10/11 | €75k | €75k | €75k | €75k | €75k | = |
| Capital10 | €75k | €75k | €75k | €75k | €75k | = |
| Issued capital100 | €75k | €75k | €75k | €75k | €75k | = |
| Reserves13 | €213k | €274k | €303k | €328k | €331k | ▲ 1.0% |
| Non-distributable reserves130/1 | €8k | €8k | €8k | €8k | €8k | = |
| Legal reserve130 | €8k | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | €206k | €266k | €296k | €321k | €324k | ▲ 1.0% |
| Profit (loss) carried forward14 | €11k | - | - | - | - | - |
| Amounts payable17/49 | €244k | €264k | €383k | €456k | €479k | ▲ 5.0% |
| Amounts payable after more than one year17 | €18k | €31k | €61k | €89k | €67k | ▼ 25.1% |
| Financial debts170/4 | €18k | €31k | €61k | €89k | €67k | ▼ 25.1% |
| Amounts payable within one year42/48 | €183k | €181k | €227k | €267k | €290k | ▲ 8.4% |
| Current portion of amounts payable after more than one year42 | €17k | €28k | €49k | €67k | €90k | ▲ 32.9% |
| Trade debts44 | €74k | €56k | €57k | €118k | €79k | ▼ 33.3% |
| Suppliers440/4 | €74k | €56k | €57k | €118k | €79k | ▼ 33.3% |
| Taxes, remuneration and social security45 | €91k | €75k | €90k | €81k | €121k | ▲ 48.9% |
| Taxes450/3 | €44k | €41k | €42k | €31k | €50k | ▲ 60.4% |
| Remuneration and social security454/9 | €47k | €35k | €48k | €50k | €70k | ▲ 41.6% |
| Other amounts payable47/48 | €1k | €21k | €31k | €818 | €791 | ▼ 3.3% |
| Accrued charges and deferred income492/3 | €43k | €52k | €94k | €100k | €123k | ▲ 22.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €69k | €59k | €25k | €3k | ▼ 87.0% |
| + Depreciation and write-downs630 | €148k | €139k | €189k | €237k | €259k | ▲ 9.1% |
| Operating cash flow (approximation) | €157k | €209k | €248k | €262k | €262k | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | €-236k | €-321k | €-300k | €-217k | ▲ 27.6% |
| Change in cash | - | €-77k | €14k | €804 | €72k | ▲ 8,862% |
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
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼87%
Net result drops to €3k, the lowest in the series.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €76k ▲191%
Operating result €102k, net result €76k, both a record.
31-12
Financial
Equity above €200kEq €235k ▲47.9%
2 profitable years in a row build equity to €235k.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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-Agatha-Berchem · 1 establishment unit since 2006
Ground area
212 m²
Building footprint
126 m²
Volume, LiDAR
1,271 m³
Parcel 21342B0076/00Z002, Brussels · tallest building 15.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GREEN CONCEPT & SERVICES
since 20062.155.178.959
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0076/00Z002 | Brussels | 212 m² | 1 · 126 m² | 15.2 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.
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Of 881 companies in sector 77229 we hold annual accounts for 319. 227 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded06-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.