GREEN FIELDS
InactiveFinancials · financial year 2025, micro format
Equity
€67,429▲ 0.3%
2024 · €67,206
Total assets
€69,162▼ 79.8%
2024 · €342,882
Net result
€223▼ 99.2%
2024 · €28,933
Working capital
€67,429▼ 65.8%
2024 · €197,206
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result turns negative in 2025: a loss of €853 after €29,243 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€853
2025
Net result€223
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€69,162
2025
Equity€67,429
2025
Debt€1,733
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€67,429
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result-€37,494-€9,292-€2,026€1,320€29,243▲ 2,116%-€853
Net result-€37,669-€9,247-€2,625€687€28,933▲ 4,114%€223▼ 99.2%
Equity€30,964-€40,212▲ 29.9%€37,587▼ 6.5%€38,273▲ 1.8%€67,206▲ 75.6%€67,429▲ 0.3%
Total assets€66,253-€56,060▼ 15.4%€237,613▲ 324%€697,670▲ 194%€342,882▼ 50.9%€69,162▼ 79.8%
Debt€35,289-€15,849▼ 55.1%€200,026▲ 1,162%€659,396▲ 230%€275,675▼ 58.2%€1,733▼ 99.4%
Working capital€22,297-€40,212▲ 80.3%€37,587▼ 6.5%€38,273▲ 1.8%€197,206▲ 415%€67,429▼ 65.8%
Turnover and EBIT margin not published: the micro format does not require them.
Why a figure moved sharply
- 2025 Total assets -80% on 2024. Absorption by DSE, effective 31-03-2025.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €69,162
Equity
€67,429 ▲ 0.3%
Debt
€1,733 ▼ 99.4%
Debt's share of the balance-sheet total falls from 80.4% to 2.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
39.91▲
2024 · 2.35
Debt to equity
0.03▼
2024 · 4.10
ROE
0.3%▼
2024 · 43.1%
ROA
0.3%▼
2024 · 8.4%
Debt ≤ 1 year
€1,733▼
2024 · €145,675
Income taxes
€385▲
2024 · €192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,679 | €6,334 | - | - | - | - | - |
| Other operating charges640/8 | - | - | €499 | €450 | €493 | €505 | ▲ 2.3% |
| Gross operating margin9900 | -€12,770 | €18,488 | -€1,528 | €1,769 | €29,737 | -€348 | - |
| Operating profit (loss)9901 | -€37,494 | €9,292 | -€2,026 | €1,320 | €29,243 | -€853 | - |
| Financial income75/76B | - | - | €2 | €0 | - | €1,540 | - |
| Recurring financial income75 | €19 | - | €2 | €0 | - | €1,540 | - |
| Financial charges65/66B | - | - | €600 | €633 | €118 | €80 | ▼ 32.5% |
| Recurring financial charges65 | €141 | €44 | €600 | €633 | €118 | €80 | ▼ 32.5% |
| Profit (loss) for the period before taxes9903 | -€37,615 | €9,247 | -€2,625 | €687 | €29,125 | €608 | ▼ 97.9% |
| Income taxes67/77 | €54 | - | - | - | €192 | €385 | ▲ 100% |
| Profit (loss) for the period9904 | -€37,669 | €9,247 | -€2,625 | €687 | €28,933 | €223 | ▼ 99.2% |
| Profit (loss) for the period to be appropriated9905 | -€37,669 | €9,247 | -€2,625 | €687 | €28,933 | €223 | ▼ 99.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €66,253 | €56,060 | €237,613 | €697,670 | €342,882 | €69,162 | ▼ 79.8% |
| Fixed assets21/28 | €8,667 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €8,667 | €0 | €0 | - | - | - | - |
| Current assets29/58 | €57,586 | €56,060 | €237,613 | €697,670 | €342,882 | €69,162 | ▼ 79.8% |
| Stocks and contracts in progress3 | €26,395 | €372 | €214,699 | €541,212 | €334,538 | - | - |
| Stocks30/36 | - | - | €214,699 | €541,212 | €334,538 | - | - |
| Amounts receivable within one year40/41 | €25,289 | €45,055 | €12,712 | €150,287 | €3,925 | €8,729 | ▲ 122% |
| Trade receivables40 | - | - | - | €30,619 | €5 | - | - |
| Other amounts receivable41 | - | - | €12,712 | €119,668 | €3,920 | €8,729 | ▲ 123% |
| Cash at bank and in hand54/58 | €5,902 | €10,634 | €10,202 | €6,170 | €4,418 | €60,433 | ▲ 1,268% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €66,253 | €56,060 | €237,613 | €697,670 | €342,882 | €69,162 | ▼ 79.8% |
| Equity10/15 | €30,964 | €40,212 | €37,587 | €38,273 | €67,206 | €67,429 | ▲ 0.3% |
| Contributions10/11 | €43,400 | - | €43,400 | €43,400 | €43,400 | €43,400 | = |
| Reserves13 | €28,646 | €28,646 | €28,646 | €28,646 | €28,646 | €28,646 | = |
| Non-distributable reserves130/1 | - | - | €6,906 | €6,906 | €6,906 | €6,906 | = |
| Reserves not available under the articles1311 | - | - | €6,906 | €6,906 | €6,906 | €6,906 | = |
| Distributable reserves133 | - | - | €21,740 | €21,740 | €21,740 | €21,740 | = |
| Profit (loss) carried forward14 | -€41,081 | -€31,834 | -€34,459 | -€33,772 | -€4,839 | -€4,617 | ▲ 4.6% |
| Amounts payable17/49 | €35,289 | €15,849 | €200,026 | €659,396 | €275,675 | €1,733 | ▼ 99.4% |
| Amounts payable within one year42/48 | €35,289 | €15,849 | €200,026 | €659,396 | €145,675 | €1,733 | ▼ 98.8% |
| Trade debts44 | €54 | €137 | €169,026 | €183,480 | €40,924 | €279 | ▼ 99.3% |
| Suppliers440/4 | - | - | €169,026 | €183,480 | €40,924 | €279 | ▼ 99.3% |
| Taxes, remuneration and social security45 | - | - | - | €96,720 | €192 | - | - |
| Taxes450/3 | - | - | - | €96,720 | €192 | - | - |
| Other amounts payable47/48 | - | - | €31,000 | €379,196 | €104,559 | €1,454 | ▼ 98.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €130,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€37,669 | €9,247 | -€2,625 | €687 | €28,933 | €223 | ▼ 99.2% |
| + Depreciation and write-downs630 | €7,679 | €6,334 | - | - | - | - | - |
| Operating cash flow (approximation) | -€29,990 | €15,581 | -€2,625 | €687 | €28,933 | €223 | ▼ 99.2% |
| Change in cash | - | €4,732 | -€432 | -€4,031 | -€1,752 | €56,015 | - |
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 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 30-10-2025 | 2025-00560760 |
| 31-03-2024 | micro format | 23-09-2024 | 2024-00469123 |
| 31-03-2023 | micro format | 28-09-2023 | 2023-00457128 |
| 31-03-2022 | micro format | 30-09-2022 | 2022-20446125 |
| 31-03-2021 | micro format | 11-10-2021 | 2021-71600076 |
| 31-03-2020 | micro format | 20-10-2020 | 2020-63300145 |
| 30-06-2018 | micro format | 27-12-2018 | 2018-75700374 |
| 30-06-2017 | micro format | 26-12-2017 | 2017-73300130 |
| 30-06-2016 | abbreviated format | 28-09-2016 | 2016-61900338 |
| 30-06-2015 | abbreviated format | 28-12-2015 | 2015-70500314 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.