GREEN DEVILS
ActiveSummary
GREEN DEVILS has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €444,809 and a net result of -€6,232. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 90% of 3,002 sector peers (NACE 93, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- €444,809
- Loss
- -€6,232
Why 56raises riskCapped at 59: a confirmed filing finding1 change of registered office in 24 monthsFigures for financial year 2024 (filed 30-05-2025)lowers riskFounded in 1983Liquidity: current ratio 2.69, cash €97,929Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 93, micro): better than 92% on solvency, 76% on liquidity, 45% on profitability and 40% on growth.
The bankruptcy probability was computed on 23-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 13 days before the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (1)
- Resignation: STRAETMANSJACQUES (director)Gazette deed
- Resignation: PIERRE DOPCHIE (director)Appointments: Olivier Van Der Haert…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 24 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €9,040 after €1,705 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,180 | €11,245 | €11,245 | €6,350 | €5,211 | €4,164 | €13,756 | ▲ 230% |
| Other operating charges640/8 | - | - | - | €543 | €487 | €533 | €556 | ▲ 4.2% |
| Gross operating margin9900 | €7,448 | €7,601 | €7,382 | €6,681 | €8,258 | €6,402 | €5,271 | ▼ 17.7% |
| Operating profit (loss)9901 | -€4,353 | -€4,271 | -€4,682 | -€212 | €2,559 | €1,705 | -€9,040 | - |
| Financial income75/76B | - | - | - | €5,545 | €6,161 | €3,988 | €2,933 | ▼ 26.5% |
| Recurring financial income75 | €7,669 | €6,989 | €6,281 | €5,545 | €6,161 | €3,988 | €2,933 | ▼ 26.5% |
| Financial charges65/66B | - | - | - | €1,071 | €576 | €868 | €125 | ▼ 85.6% |
| Recurring financial charges65 | €1,169 | €1,075 | €953 | €1,071 | €576 | €868 | €125 | ▼ 85.6% |
| Profit (loss) for the period before taxes9903 | €2,147 | €1,644 | €646 | €4,262 | €8,144 | €4,824 | -€6,232 | - |
| Income taxes67/77 | €0 | €18 | €122 | €1,227 | €2,170 | €1,288 | - | - |
| Profit (loss) for the period9904 | €2,147 | €1,626 | €524 | €3,035 | €5,974 | €3,537 | -€6,232 | - |
| Profit (loss) for the period to be appropriated9905 | €2,147 | €1,626 | €524 | €3,035 | €5,974 | €3,537 | -€6,232 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €515,975 | €511,232 | €497,594 | €499,773 | €500,332 | €500,549 | €536,003 | ▲ 7.1% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €296,469 | €286,524 | €275,280 | €287,426 | €282,214 | €278,050 | €378,788 | ▲ 36.2% |
| Intangible fixed assets21 | €10,883 | €5,441 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €285,586 | €281,083 | €275,280 | €287,426 | €282,214 | €278,050 | €378,788 | ▲ 36.2% |
| Land and buildings22 | - | - | - | €287,426 | €282,214 | €278,050 | €273,886 | ▼ 1.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €104,902 | - |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - |
| Current assets29/58 | €219,506 | €224,708 | €222,314 | €212,347 | €218,118 | €222,499 | €157,215 | ▼ 29.3% |
| Amounts receivable after more than one year29 | - | - | - | €99,640 | €78,968 | €57,468 | €35,109 | ▼ 38.9% |
| Other amounts receivable291 | - | - | - | €99,640 | €78,968 | €57,468 | €35,109 | ▼ 38.9% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €179,014 | €161,513 | €143,910 | €19,877 | €20,704 | €21,741 | €24,177 | ▲ 11.2% |
| Other amounts receivable41 | - | - | - | €19,877 | €20,704 | €21,741 | €24,177 | ▲ 11.2% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €35,729 | €58,595 | €74,253 | €92,830 | €118,446 | €143,291 | €97,929 | ▼ 31.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €515,975 | €511,232 | €497,594 | €499,773 | €500,332 | €500,549 | €536,003 | ▲ 7.1% |
| Equity10/15 | €436,345 | €437,971 | €438,495 | €441,530 | €447,505 | €451,041 | €444,809 | ▼ 1.4% |
| Contributions10/11 | €437,000 | €437,000 | €437,000 | €437,000 | €437,000 | €437,000 | €437,000 | = |
| Capital10 | - | - | - | €437,000 | €437,000 | €437,000 | €437,000 | = |
| Issued capital100 | - | - | - | €437,000 | €437,000 | €437,000 | €437,000 | = |
| Reserves13 | €0 | - | - | €4,530 | €10,505 | €14,041 | €14,041 | = |
| Non-distributable reserves130/1 | - | - | - | €4,530 | €10,505 | €14,041 | €14,041 | = |
| Legal reserve130 | - | - | - | €4,530 | €10,505 | €14,041 | €14,041 | = |
| Profit (loss) carried forward14 | -€655 | €971 | €1,495 | - | - | - | -€6,232 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €79,630 | €73,261 | €59,099 | €58,243 | €52,827 | €49,508 | €91,194 | ▲ 84.2% |
| Amounts payable after more than one year17 | €66,437 | €62,727 | €48,930 | €45,046 | €41,074 | €37,012 | €32,856 | ▼ 11.2% |
| Financial debts170/4 | - | - | - | €20,056 | €16,084 | €12,022 | €7,867 | ▼ 34.6% |
| Other amounts payable178/9 | - | - | - | €24,990 | €24,990 | €24,990 | €24,990 | = |
| Amounts payable within one year42/48 | €13,192 | €10,535 | €10,169 | €9,919 | €11,753 | €12,496 | €58,338 | ▲ 367% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,884 | €3,972 | €4,062 | €4,156 | ▲ 2.3% |
| Trade debts44 | €2,233 | €819 | €1,206 | €392 | €1,073 | €739 | €1,170 | ▲ 58.3% |
| Suppliers440/4 | - | - | - | €392 | €1,073 | €739 | €1,170 | ▲ 58.3% |
| Taxes, remuneration and social security45 | - | - | - | €1,105 | €2,170 | €3,457 | €1,288 | ▼ 62.8% |
| Taxes450/3 | - | - | - | €1,105 | €2,170 | €3,457 | €1,288 | ▼ 62.8% |
| Other amounts payable47/48 | - | - | - | €4,538 | €4,538 | €4,238 | €51,725 | ▲ 1,121% |
| Accrued charges and deferred income492/3 | - | - | - | €3,277 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,147 | €1,626 | €524 | €3,035 | €5,974 | €3,537 | -€6,232 | - |
| + Depreciation and write-downs630 | €11,180 | €11,245 | €11,245 | €6,350 | €5,211 | €4,164 | €13,756 | ▲ 230% |
| Operating cash flow (approximation) | €13,326 | €12,870 | €11,769 | €9,385 | €11,186 | €7,701 | €7,523 | ▼ 2.3% |
| Investment in fixed assets (approximation) | - | -€1,300 | €0 | -€18,496 | €0 | €0 | -€114,493 | - |
| Change in cash | - | €22,866 | €15,658 | €18,577 | €25,617 | €24,844 | -€45,361 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 40 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-05-2025 | 2025-00111201 |
| 31-12-2023 | micro format | 09-08-2024 | 2024-00336571 |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00160766 |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20084402 |
| 31-12-2020 | micro format | 26-08-2021 | 2021-54100357 |
| 31-12-2019 | micro format | 21-08-2020 | 2020-43100158 |
| 31-12-2018 | micro format | 10-10-2019 | 2019-69700088 |
| 31-12-2017 | micro format | 11-06-2018 | 2018-17200422 |
| 31-12-2016 | micro format | 13-07-2017 | 2017-31100139 |
| 31-12-2015 | abbreviated format | 15-06-2016 | 2016-17700512 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Show all 9 directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEWEVER Carl |
|
| FOBE Nikhil Vincent James Marie Didier |
|
| MOMMENS Alexis |
|
| STRAETMANS JACQUES |
|
| VAN ODIJK Denis |
|
| Cedric De La Haye |
|
| Fobe Nikhil Vincent |
|
| Diederick Van Ginderachter |
|
| Olivier Van Der Haert |
|
| STRAETMANSJACQUES |
|
| PIERRE DOPCHIE |
|
| Wim Claeys |
|
| BAUDHUIN Jean Louis Marie Clément |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
9 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-11
Gazette deed
Resignation: STRAETMANSJACQUES (director)2 facts ▸
- General meeting, 17-09-2025
- Director resignation, STRAETMANSJACQUES (director)
19-06
Gazette deed
Resignation: PIERRE DOPCHIE (director)Appointments: Olivier Van Der Haert (director) and Diederick Van Ginderachter (director)4 facts ▸
- General meeting, 10-05-2025
- Director resignation, PIERRE DOPCHIE (director)
- Director appointment, Olivier Van Der Haert (director)
- Director appointment, Diederick Van Ginderachter (director)
06-02
Gazette deed
Resignation: Wim Claeys (director)Appointments: Cedric De La Haye (director) and Fobe Nikhil Vincent (chair of the board) · Registered-office move5 facts ▸
- General meeting, 11-05-2024
- Director resignation, Wim Claeys (director)
- Director appointment, Cedric De La Haye (director)
- Director appointment, Fobe Nikhil Vincent (chair of the board)
- Registered-office move, KEIERBERG 17-1730 ASSE
06-02
Gazette deed
Reappointments: MOMMENS Alexis, CLAEYS Wim and 5 othersResignation: BAUDHUIN Jean Louis Marie Clément (director) · Amendment of the articles · Capital15 facts ▸
- General meeting, 23-11-2023
- Other provision, “schrapping stemrechtbeperking, 19,paragraaf 2” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital, €437,000
- Director reappointment, MOMMENS Alexis (director)
- Director reappointment, CLAEYS Wim (director)
- Director reappointment, VAN ODIJK Denis (director)
- Director reappointment, STRAETMANS Jacques (director)
- Director reappointment, DEWEVER Carl (director)
- Director reappointment, DOPCHIE Pierre (director)
- Director reappointment, FOBE Nikhil Vincent James Marie Didier (director)
- Director resignation, BAUDHUIN Jean Louis Marie Clément (director)
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
General meetings
3 meeting noticesAgenda
Agenda
Agenda
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23002F0138/00B000 | Flanders | 1,525 m² | 1 · 125 m² | 9.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De bevordering van culturele activiteiten en sportactiviteiten en,om dit doel te realiseren,het beheer,de aankoop,het huren en verhuren van…” (deed in Dutch)
5 activities (deed in Dutch)
- De bevordering van culturele activiteiten en sportactiviteiten en,om dit doel te realiseren,het beheer,de aankoop,het huren en verhuren van onroerende goederen en de organisatie van allerlei activiteiten.
- De vennootschap mag alle roerende en onroerende,commerciële,industriële of financiële handelingen verrichten welke rechtstreeks of onrechtstreeks in verband staan met haar maatschappelijk doel,met inbegrip van de onderaanneming in het algemeen,en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben.
- Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het maatschappelijk doel identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar maatschappelijk voorwerp te bevorderen.
- De vennootschap mag zich tevens borg stellen,ook onder de vorm van hypothecaire inschrijving op haar onroerende goederen,voor verbintenissen aangegaan door derden.
- Het opnemen van bestuurdersmandaten in-en het optreden als adviseur bij alle mogelijke ondernemingen en vennootschappen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GREEN DEVILS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 20 : Vertegenwoordigding van de vennootschap Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
- Board ruleHow the board is made up, meets and takes decisions.
- “6 jaar, te allen tijde zonder opgave van redenen met onmiddellijke ingang door algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Alle aandelen en alle eventuele andere effecten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of May
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, bij ontbinding om welke reden en op welk ogenblik ook verzorgd door bestuurder(s) benoemd door algemene vergadering…” (deed in Dutch)“Bevoegdheden vereffenaars, tenzij algemene vergadering anders besluit bij gewone meerderheid van stemmen” (deed in Dutch)