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GREEN LAGOON

Active
Private limited companyfounded 20169 yrs activeRue du Moulin 1, 1310 La Hulpe, BelgiumKBO/BCE: BE 0666.888.064

GREEN LAGOON has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €-1k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
66 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-26
Solvency62▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.79 in 2024; short-term debt: 43.4% of total assets), but 62.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.3%
Return on assets
-1.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 filings
Deviation from the deadline
2025
3 d early
2024
1 d early
2023
12 d late
2022
3 d early
2021
17 d late
2020
10 d late
2019
17 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1k
2024 · €21k
2018: €39k 2019: €18k 2020: €40k 2021: €31k 2022: €4k 2023: €24k 2024: €21k
2018 → 2025
Working capital
€39k▼ 11.8%
2024 · €44k
2018: €25k 2019: €27k 2020: €38k 2021: €40k 2022: €44k 2023: €45k 2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€23k-€27k▲ 15.2%€28k▲ 2.5%€31k▲ 11.1%€30k▼ 3.4%
Operating result€38k-€6k▼ 84.7%€32k▲ 453%€29k▼ 11.6%€869▼ 97.0%
Net result€31k-€4k▼ 88.4%€24k▲ 582%€21k▼ 14.5%€-1k
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30k€40kOperating result 2021: €38k€38kNet result 2021: €31k€31kOperating result 2022: €6k€6kNet result 2022: €4k€4kOperating result 2023: €32k€32kNet result 2023: €24k€24kOperating result 2024: €29k€29kNet result 2024: €21k€21kOperating result 2025: €869€869Net result 2025: €-1k€-1k20212022202320242025
The operating result has fallen two years in a row; 2025 is 97% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets €6k▼ 11.6%
Current assets €73k▼ 26.5%
Equity and liabilities €79k
Equity €30k▼ 3.4%
Provisions €15k▼ 15.7%
Debt €34k▼ 40.4%
The debt ratio falls from 54.1% to 43.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3k
2024 · €30k
Cash flow
€984
2024 · €22k
Solvency
37.3%
2024 · 28.8%
Current ratio
2.13
2024 · 1.79
Quick ratio
2.06
2024 · 1.64
Debt / equity
1.16
2024 · 1.88
ROE
-3.6%
2024 · 67.6%
ROA
-1.3%
2024 · 19.4%
Interest coverage
5.97
2024 · 33.72
Debt
€34k
2024 · €58k
Debt ≤ 1 year
€34k
2024 · €56k
Income taxes
€2k
2024 · €7k
Staff costs
€53k
2024 · €51k
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€107k€79k
Fixed assets21/28€7k€6k
Tangible fixed assets22/27€7k€6k
Furniture and vehicles24€6k€6k
Other tangible fixed assets26€480€240
Financial fixed assets28€180€180=
Current assets29/58€100k€73k
Stocks and contracts in progress3€8k€2k
Stocks30/36€8k€2k
Amounts receivable within one year40/41€86k€71k
Trade receivables40€74k€45k
Other amounts receivable41€13k€26k
Cash at bank and in hand54/58€5k-
Equity and liabilities
Total equity and liabilities10/49€107k€79k
Equity10/15€31k€30k
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€23k€22k
Provisions and deferred taxes16€18k€15k
Provisions for liabilities and charges160/5€18k€15k
Environmental obligations163€18k€15k
Amounts payable17/49€58k€34k
Amounts payable within one year42/48€56k€34k
Financial debts43-€480
Credit institutions430/8-€480
Trade debts44€20k€24k
Suppliers440/4€20k€24k
Taxes, remuneration and social security45€16k€9k
Taxes450/3€9k-
Remuneration and social security454/9€8k€9k
Other amounts payable47/48€19k-
Accrued charges and deferred income492/3€2k-
Income statement Code20242025
Remuneration, social security and pensions62€51k€53k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-2k€-3k
Other operating charges640/8€1k€167
Gross operating margin9900€79k€53k
Operating profit (loss)9901€29k€869
Financial income75/76B€2€133
Recurring financial income75€2€133
Financial charges65/66B€882€487
Recurring financial charges65€882€487
Profit (loss) for the period before taxes9903€28k€515
Income taxes67/77€7k€2k
Profit (loss) for the period9904€21k€-1k
Profit (loss) for the period to be appropriated9905€21k€-1k
Appropriation of the result
Profit (loss) to be appropriated9906€40k€22k
Profit (loss) brought forward from the previous period14P€20k€23k
Profit to be distributed694/7€18k-
Return on contributions (dividend)694€18k-
Social balance
Average headcount (FTE)90871.0-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-1k ▼105%
Net result drops to €-1k, the lowest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
12-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
10-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial Highest result since 2018net €40k ▲120%
Net result €40k, the highest in the series.
17-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, La Hulpe · 1 establishment unit since 2016
establishment The establishment unit on the map
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 du Moulin 11310 La Hulpe
Ground area
1,282 m²
Building footprint
111 m²
Volume, LiDAR
559 m³
Parcel 25050D0030/00G000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GREEN LAGOON
Rue du Moulin 1, 1310 La HulpeSpecialised construction activities
since 20162.259.207.994
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25050D0030/00G000 Wallonia 1,282 m² 1 · 111 m² 6.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 334 companies in sector 46492 we hold annual accounts for 241. 118 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-12-2016
Fiscal year end31-12
Activities, NACEBEL
46492Wholesale trade
46472Wholesale trade
46650Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.