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Green Leaf Midco 4

Active
Private limited company· 4 yrs active
Brusselsesteenweg 94 ·9090 Merelbeke-Melle, Belgium
KBO/BCE: BE 0789.552.878
Watch Print / PDF
Age4 yrs
Connections6

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Green Leaf Midco 4 is 2.3% (moderate). The 2024 annual accounts show equity of €344.64M and a net result of €-4k. Equity remains stable across the filed fiscal years (±0% per year). 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.

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, 32 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 01-07-2025, 30 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 01-07-2025 30 d early 2025-00225498
31-12-2023 31-07-2024 25-06-2024 36 d early 2024-00180500
31-12-2022 31-07-2023 04-07-2023 27 d early 2023-00205378

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
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-4k+40.0%
Working capital€39k-7.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · volledig
€-8k€-6k€-4k€-2k€0Operating result 2022: €-3k€-3kNet result 2022: €-3k€-3kOperating result 2023: €-7k€-7kNet result 2023: €-7k€-7kOperating result 2024: €-4k€-4kNet result 2024: €-4k€-4k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Net result: declining trend of ~21.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-8k€-6k€-4k€-2k2025: €-5k (€-6k - €-5k)2026: €-6k (€-7k - €-6k)2027: €-7k (€-8k - €-7k)2022: €-3k2023: €-7k2024: €-4k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€-4k
+40.0% 22-24
Total assets
€344.64M
0.0% 22-24
Equity
€344.64M
0.0% 22-24
Working capital
€39k
-7.3% 22-24
Debt
€4k
+35.5% 22-24
Debt ≤ 1y
€175
-69.2% 22-24
Current ratio
223.95
+198.5% 22-24
Quick ratio
223.95
+198.5% 22-24
Show 4 other metrics
Solvency
100.0%
0.0% 22-24
Debt / equity
0.00
+35.5% 22-24
ROE
0.0%
+40.0% 22-24
ROA
0.0%
+40.0% 22-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA-
Net profit€-4k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€344.64M
Equity€344.64M
Debt€4k
of which ≤ 1y€175
of which > 1y-
Working capital€39k
Employees (FTE)-
Ratios (computed)
2024
Current ratio223.95
Quick ratio223.95
Working capital ratio0.0%
Solvency100.0%
Debt / equity0.00
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA0.0%
ROE0.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€344.64M
Fixed assets 21/28€344.60M
Financial fixed assets 28€344.60M
Current assets 29/58€39k
Amounts receivable within one year 40/41€39k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€344.64M
Equity 10/15€344.64M
Contributions / capital 10/11€344.65M
Accumulated profits (losses) 14€-14k
Amounts payable 17/49€4k
Amounts payable within one year 42/48€175
Trade debts payable within one year 44€175
Income statement
Operating result 9901€-4k
Financial income 75€527
Financial charges 65€529
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
70 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Connections & network

6 connected companies
Green Leaf Bidco, Shared address GLGreen LeafBidcoGreen Leaf Midco 1, Shared address GLGreen LeafMidco 1Green Leaf Midco 2, Shared address GLGreen LeafMidco 2Green Leaf Midco 3, Shared address GLGreen LeafMidco 3Green Leaf Topco, Shared address GLGreen LeafTopcoIPCOM, Shared address IIPCOMGreen Leaf Midco 4 Green LeafMidco 40789.552.878
Shared address / shareholder
Network connections
Green Leaf Bidco
Shared address
Green Leaf Midco 1
Shared address
Green Leaf Midco 2
Shared address
Green Leaf Midco 3
Shared address
Show 2 more network connections
Green Leaf Topco
Shared address
IPCOM
Shared address
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
18 companies at this address See who is registered here

Establishment units

1 location
Green Leaf Midco 4
Brusselsesteenweg 94, 9090 Merelbeke-MelleHoldings
since 20222.336.685.755
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,190 m²
Buildings1
Building footprint1,166 m²
Volume (LiDAR)1,074 m³
Tallest building10.4 m

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.
44402A0544/00B000 Flanders 3,190 m² 1 · 1,166 m² 10.4 m
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Address history · 1
20-10-2022
v3.2
All acts · 3 updated 2 months ago
2026
10-06-2026 General meeting · Auditor mandate · Permanent representative · Act object Open-capture extraction
  • Filing: 2026-06-02 · Green Leaf Midco 4
  • Publication: 2026-06-10 · Green Leaf Midco 4
  • General meeting: 2025-06-13 · Green Leaf Midco 4
  • Auditor mandate: duration: 3 jaar, start_date: 2025-06-14, representative: Evelien De Groote · Green Leaf Midco 4
  • Permanent representative: role: vaste vertegenwoordiger commissaris, auditor: Ernst & Young Bedrijfsrevisoren BV, start_date: 2025-06-27 · Green Leaf Midco 4
  • Act object: Herbenoeming commissaris en wijziging vaste vertegenwoordiger
Summary: General meeting · Auditor mandate · Permanent representative · Act object
2022
20-10-2022 Registered office moved from Brussel to Melle Registered-office change
  • Louizalaan 209, 1050 Brussel → Brusselsesteenweg 94, 9090 Melle
Summary: v3.2
12-08-2022 Incorporation of a new BV Incorporation
Summary: oprichting

Analysis

Financial profile

5 of 5 axes measured
Health70Profitability0Solvency100Growth32Stability94
59 / 100

Mixed profile: strong on solvency, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 70
Profitability 0
Solvency 100
Growth 32
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

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

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL Green Leaf Midco 4
Registered office
Brusselsesteenweg 94 bus 201
9090 Merelbeke-Melle, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.