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Green Hill I

Active
Private limited company·Activiteiten van holdings· 4 yrs active
Evolis(Kor) 78 ·8500 Kortrijk, Belgium
KBO/BCE: BE 0787.859.041
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs
Board7
Connections12

Summary

Conclusion

the dossier summarised in one paragraph

Green Hill I is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €137.80M and a net result of €-347k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 678 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 89% of 678 peers (2024). A comfortable equity buffer.
View the sector comparison
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 03-07-2025 28 d early 2025-00222089
31-12-2023 31-07-2024 09-07-2024 22 d early 2024-00236259
31-12-2022 31-07-2023 29-06-2023 32 d early 2023-00172000

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€137.80M+0.3%
Net result€-347k-119.4%
Total assets€142.46M+0.6%
Solvency96.7%-0.3pp

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 03-07-2025 with the NBB · fiscal year 2024 · volledig
The figures below are the statutory (non-consolidated) annual accounts. This company also files consolidated accounts; the group figures can differ substantially.
€-400k€-300k€-200k€-100k€0Operating result 2022: €-4k€-4kNet result 2022: €-4k€-4kRevenue 2023: €2k€2kOperating result 2023: €-61k€-61kNet result 2023: €-158k€-158kRevenue 2024: €2k€2kOperating result 2024: €-97k€-97kNet result 2024: €-347k€-347k202220232024
RevenueOperating resultNet result
No trend projection for this company: it files both statutory and consolidated annual accounts. The statutory figures above track the parent, and they jump when activities move inside the group, not when the business grows or shrinks. A trend through such a series measures a restructuring, not a business trajectory.
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 96.7% 44.9%
better than 89% of 678 sector peers
Net result €-347k €48k
better than 12% of 677 sector peers
Equity €137.80M €1.36M
better than 93% of 678 sector peers
Total assets €142.46M €5.58M
better than 90% of 678 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P89
2022: P95 · n=4122023: P90 · n=5592024: P89 · n=6782022 2024
Stable position over 2022-2024 · n=412-678
Net result P12
2022: P29 · n=4122023: P18 · n=5562024: P12 · n=6772022 2024
Weakening position over 2022-2024 · n=412-677
Equity P93
2022: P91 · n=4122023: P93 · n=5592024: P93 · n=6782022 2024
Stable position over 2022-2024 · n=412-678
Total assets P90
2022: P87 · n=4122023: P90 · n=5592024: P90 · n=6782022 2024
Stable position over 2022-2024 · n=412-678
Describes the position versus peers, not a forecast.
Net profit
€-347k
-119.4% 22-24
Total assets
€142.46M
+0.6% 22-24
Equity
€137.80M
+0.3% 22-24
Debt
€4.65M
+10.1% 22-24
Debt ≤ 1y
€4.65M
+10.1% 22-24
Solvency
96.7%
-0.3% 22-24
ROE
-0.3%
-118.7% 22-24
ROA
-0.2%
-118.1% 22-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenuen/a
EBITDAn/a
Net profit€-347k
Cash flown/a
Staff costs-
Income taxes-
Dividends-
Total assets€142.46M
Equity€137.80M
Debt€4.65M
of which ≤ 1y€4.65M
of which > 1y-
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency96.7%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA-0.2%
ROE-0.3%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€142.46M
Fixed assets 21/28€141.24M
Financial fixed assets 28€141.24M
Current assets 29/58€1.22M
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€1.20M
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€142.46M
Equity 10/15€137.80M
Contributions / capital 10/11€138.31M
Accumulated profits (losses) 14€-510k
Amounts payable 17/49€4.65M
Amounts payable within one year 42/48€4.65M
Trade debts payable within one year 44€14k
Income statement
Turnover 70€2k
Operating result 9901€-97k
Financial income 75€81k
Financial charges 65€331k
Result before taxes 9903€-347k
Net result for the period 9904€-347k
Result to be appropriated 9905€-347k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Directors

Directors & mandates

11 directors
Current directors & mandates
  • ADELARLegal entity
    Daily management· perm. rep.: Erwin Debaere
    State Gazette act 26006347 (14-01-2026)
    Current
    01-12-2025 → present
  • QuinnCoLegal entity
    Director· perm. rep.: Cédric DE QUINNEMAR
    State Gazette act 25087259 (10-07-2025)
    Current
    18-06-2025 → present
  • DE QUINNEMAR Cédric Carlos Martine
    Director
    State Gazette act 23384424 (28-08-2023)
    Current
    22-08-2023 → present
  • Incita BVLegal entity
    Director· perm. rep.: Pieter Spiesschaert
    State Gazette act 22108199 (12-09-2022)
    Current
    12-09-2022 → present
  • Skyfall SRLLegal entity
    Director· perm. rep.: Valerie Deseyn
    State Gazette act 22108199 (12-09-2022)
    Current
    12-09-2022 → present
  • INCITALegal entity
    Director· perm. rep.: SPIESSCHAERT Pieter
    State Gazette act 22348997 (27-07-2022)
    Current
    27-07-2022 → present
  • Stijn Vandeputte
    Director
    State Gazette act 22108199 (12-09-2022)
    Current
    27-07-2022 → present
    2 events
    • 12-09-2022 Appointed· Director
    • 27-07-2022 Appointed· Director
Former directors (4)
  • SkyfallLegal entity
    Daily management· perm. rep.: Valerie Deseyn
    State Gazette act 26006347 (14-01-2026)
    Former
    - → 01-12-2025
  • B.V.D.M.Legal entity
    Director· perm. rep.: Bart VAN DEN MEERSCHE
    State Gazette act 23145810 (17-11-2023)
    Former
    17-11-2023 → 30-06-2025
    2 events
    • 30-06-2025 Resigned· Director
    • 17-11-2023 Appointed· Director
  • Cédric DE QUINNEMAR
    Director
    State Gazette act 25087259 (10-07-2025)
    Former
    - → 18-06-2025
  • INCITALegal entity
    Director· perm. rep.: Pieter SPIESSCHAERT
    State Gazette act 24148655 (16-10-2024)
    Former
    - → 26-08-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

1 auditor
Statutory auditor IRE/IBR number Tenure
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISESCurrent
Statutory auditor · represented by Stefaan DE CONINCK
- 13-07-2022 → present
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van holdings(64210)
Legal form Private limited company(610)
Incorporation30-06-2022
StatusActive
Postal code8500

Structure & network

Connections & network

12 connected companies
B.V.D.M., Sits on the board BB.V.D.M.INCITA, Sits on the board IINCITAQuinnCo, Sits on the board QQuinnCoCegeka Holding, Shared corporate director CHCegeka HoldingDomoco, Shared corporate director DDomocoINNO.COM, Shared corporate director IINNO.COMPATAT, Shared corporate director PPATATTrustteam Group, Shared corporate director TGTrustteamGroupFORMA, Shared address FFORMASECOND LIVING PROPERTIES, Shared address SLSECOND LIVINGPROPERTIEST.T. HOLDINGS, Shared address THT.T. HOLDINGSTRUSTTEAM, Shared address TTRUSTTEAMGreen Hill I Green Hill I0787.859.041
Group structureShared directorsShared address / shareholder
Group structure
B.V.D.M.
Sits on the board · 3 subsidiaries · 1 location
Control
INCITA
Sits on the board · 2 subsidiaries · 1 location
Control
QuinnCo
Sits on the board · 3 subsidiaries · 1 location
Control
Network connections
Cegeka Holding
Shared corporate director
Domoco
Shared corporate director
INNO.COM
Shared corporate director
PATAT
Shared corporate director
Trustteam Group
Shared corporate director
FORMA
Shared address
T.T. HOLDINGS
Shared address
TRUSTTEAM
Shared address
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

3 parties
Control over this companysits on this company's board3
3 subsidiaries · 1 location
3 subsidiaries · 1 location
2 subsidiaries · 1 location
controls
Green Hill IBE 0787.859.041

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Evolis(Kor) 78, 8500 Kortrijk
Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
since 20222.333.278.679
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area8,726 m²
Buildings1
Building footprint1,747 m²
Volume (LiDAR)17,278 m³
Tallest building15.0 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34353B0347/00C000 Flanders 8,726 m² 1 · 1,747 m² 14.9 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

12 acts
Capital history · 1
02-07-2024
v3.2
All acts · 12 updated 7 months ago
2026
14-01-2026 1 director appointed, 1 resigning Director changes
  • Erwin Debaere, Dagelijks bestuur
  • Valerie Deseyn, Dagelijks bestuur
Summary: v3.2
2025
29-12-2025 Bart VAN DEN MEERSCHE resigns as director Director changes
  • Bart VAN DEN MEERSCHE, Bestuurder
Summary: v3.2
24-10-2025 Stefaan DE CONINCK reappointed as statutory auditor Director changes
  • Stefaan DE CONINCK, Commissaris
Summary: v3.2
10-07-2025 1 director appointed, 1 resigning Director changes
  • Cédric DE QUINNEMAR, Bestuurder
  • Cédric DE QUINNEMAR, Bestuurder
Summary: v3.2
2024
16-10-2024 Pieter SPIESSCHAERT resigns as director Director changes
  • Pieter SPIESSCHAERT, Bestuurder
Summary: v3.2
02-07-2024 Capital increase of €750,000 Capital & shares
2023
17-11-2023 Bart VAN DEN MEERSCHE appointed as director Director changes
  • Bart VAN DEN MEERSCHE, Bestuurder
Summary: v3.2
28-08-2023 DE QUINNEMAR Cédric Carlos Martine appointed as director Director changes
  • DE QUINNEMAR Cédric Carlos Martine, Bestuurder
Summary: v3.2
2022
12-09-2022 3 directors appointed Director changes
  • Stijn Vandeputte, Bestuurder
  • Pieter Spiesschaert, Bestuurder
  • Valerie Deseyn, Bestuurder
Summary: v3.2
27-07-2022 Articles of association amended Statutes amendment
19-07-2022 Articles of association amended Statutes amendment
04-07-2022 Incorporation of a new BV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health-Profitability0Solvency67Growth48Stability94
52 / 100

Mixed profile: strong on stability, weaker on profitability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -
Profitability 0
Solvency 67
Growth 48
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110
Primary activity highlighted.
Names & trade names
Legal nameNL Green Hill I
Registered office
Evolis(Kor) 78
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.