GREEN CONSTRUCT
ActiveGREEN CONSTRUCT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €546k and a net result of €18k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+9
Solvency42▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.8 in 2024; short-term debt: 72.5% and cash: 1.9% of total assets), and 83.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
16.8%
Return on assets
0.6%
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
27 d late
2023
28 d late
2022
31 d late
2021
31 d late
2020
26 d late
2019
88 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▲ 885%
2024 · €2k
2018: €17k
2019: €3k
2020: €41k
2021: €103k
2022: €26k
2023: €7k
2024: €2k
2018 → 2025
Working capital
€-540k▲ 12.9%
2024 · €-620k
2018: €-470k
2019: €-505k
2020: €-634k
2021: €-569k
2022: €-568k
2023: €-630k
2024: €-620k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€504k-€525k▲ 4.2%€530k▲ 1.0%€530k▼ 0.1%€546k▲ 3.0%
Operating result€180k-€130k▼ 27.7%€111k▼ 15.1%€90k▼ 18.4%€86k▼ 5.1%
Net result€103k-€26k▼ 74.7%€7k▼ 71.6%€2k▼ 74.6%€18k▲ 885%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 5% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.25M
Fixed assets
€1.43M▼ 3.5%
Current assets
€1.81M▼ 28.3%
Equity and liabilities €3.25M
Equity
€546k▲ 3.0%
Debt
€2.70M▼ 22.5%
The debt ratio falls from 86.8% to 83.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€207k▼
2024 · €226k
Cash flow
€140k▲
2024 · €138k
Solvency
16.8%▲
2024 · 13.2%
Current ratio
0.77▼
2024 · 0.80
Quick ratio
0.40▼
2024 · 0.59
Debt / equity
4.95▼
2024 · 6.58
ROE
3.4%▲
2024 · 0.4%
ROA
0.6%▲
2024 · 0.0%
Interest coverage
3.65▲
2024 · 2.68
Debt
€2.70M▼
2024 · €3.49M
Debt ≤ 1 year
€2.35M▼
2024 · €3.15M
Debt > 1 year
€299k▼
2024 · €334k
Income taxes
€13k▲
2024 · €6k
Staff costs
€505k▼
2024 · €509k
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€4.02M€3.25M▼
Fixed assets21/28€1.49M€1.43M▼
Intangible fixed assets21€2k€2k▲
Tangible fixed assets22/27€1.49M€1.43M▼
Land and buildings22€1.02M€953k▼
Plant, machinery and equipment23€319k€297k▼
Furniture and vehicles24€113k€183k▲
Leasing and similar rights25€38k-
Current assets29/58€2.53M€1.81M▼
Stocks and contracts in progress3€656k€875k▲
Stocks30/36€656k€875k▲
Amounts receivable within one year40/41€1.58M€825k▼
Trade receivables40€262k€176k▼
Other amounts receivable41€1.32M€650k▼
Cash at bank and in hand54/58€276k€61k▼
Deferred charges and accrued income490/1€15k€53k▲
Equity and liabilities
Total equity and liabilities10/49€4.02M€3.25M▼
Equity10/15€530k€546k▲
Contributions10/11€19k€19k=
Reserves13€14k€14k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€462k€480k▲
Investment grants15€36k€33k▼
Amounts payable17/49€3.49M€2.70M▼
Amounts payable after more than one year17€334k€299k▼
Financial debts170/4€329k€289k▼
Other amounts payable178/9€4k€10k▲
Amounts payable within one year42/48€3.15M€2.35M▼
Current portion of amounts payable after more than one year42€117k€98k▼
Financial debts43€800k€700k▼
Credit institutions430/8€800k€700k▼
Trade debts44€205k€94k▼
Suppliers440/4€205k€94k▼
Advances received on contracts in progress46€7k€7k=
Taxes, remuneration and social security45€44k€83k▲
Taxes450/3€10k€15k▲
Remuneration and social security454/9€35k€68k▲
Other amounts payable47/48€1.98M€1.37M▼
Accrued charges and deferred income492/3€4k€50k▲
Income statement
Code20242025
Remuneration, social security and pensions62€509k€505k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€136k€121k▼
Other operating charges640/8€31k€31k▼
Gross operating margin9900€766k€742k▼
Operating profit (loss)9901€90k€86k▼
Financial income75/76B€2k€2k=
Recurring financial income75€2k€2k=
Financial charges65/66B€84k€57k▼
Recurring financial charges65€84k€57k▼
Profit (loss) for the period before taxes9903€8k€31k▲
Income taxes67/77€6k€13k▲
Profit (loss) for the period9904€2k€18k▲
Profit (loss) for the period to be appropriated9905€2k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€462k€480k▲
Profit (loss) brought forward from the previous period14P€460k€462k▲
Social balance
Average headcount (FTE)908711.79.7▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼74.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €103k ▲152%
Operating result €180k, net result €103k, both a record.
31-12
Financial
Equity above €500kEq €504k ▲25.6%
4 profitable years in a row build equity to €504k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 38 days late
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, Theux · 2 establishment units since 2008
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.
Rue des Sarts 114910 TheuxGround area
1.1 ha
Building footprint
496 m²
Volume, LiDAR
2,131 m³
2 parcels, Wallonia · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Rue des Sarts 11, 4910 Theux
since 20082.172.418.928
GREEN CONSTRUCT
since 20142.232.197.553
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63060C0171/00D000 | Wallonia | 9,754 m² | 1 · 309 m² | 6.1 m · 1 fl. |
| 63074B0267/00G000 | Wallonia | 939 m² | 1 · 187 m² | 5.7 m · 1 fl. |
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
Recognised contractor
3 categoriesGREEN CONSTRUCT SRL36808
Similar companies · same sector, comparable size
Omega Plus Construct
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TREHUS
BE 0650.820.411
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SERCK
BE 0405.705.864
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HPS CONSTRUCT
BE 0726.930.470
Ans · Eq €540k
MUSSCHE INVEST
BE 0826.543.037
Sint-Niklaas · Eq €554k
Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 612 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
22240Manufacture of rubber and plastic products
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.