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GREEN LEMON SHIPPING LINES

Active
Private limited companyfounded 2022active for 3 yearsMenenstraat 123, 8930 Menen, BelgiumKBO/BCE: BE 0794.317.756
Summary

GREEN LEMON SHIPPING LINES has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10,086 and a net result of -€3,732. Its solvency ranks better than 81% of 170 sector peers (NACE 50, financial year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 01-12-2022 Normal situation
Activity
Water transport NACE 50200and 1 other
Establishment unit
2.339.944.460 2930 Brasschaat, since 01-12-2022
Financial year end
31 December
Peppol
Reachable since 11-03-2026

Board and ownership

Board

Financial position

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2024
Gross margin
-€3,163
▲ 91.0%
Loss
€3,732
▼ 89.7%
Equity
€10,086
▼ 27.0%
Total assets
€12,246
▼ 56.8%
  • 2025 accounts not filed, 95 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 16-04-2025)1 change of registered office in 24 monthslowers riskSector: Water transport (NACE 50)Liquidity: current ratio 5.67, cash €9,825, halvedShow the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 50% of micro companies in water transport (NACE 50)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100+26
equity 82.4% of total assets
Liquidity 95+21
short-term debt 17.6% · cash 80.2%
Profitability 0=
return on assets -30.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (261 companies, NACE 50, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.2 percentage points vs 08-2026 10-2026: 1.1%▲ +0.6 percentage points vs 09-2026highest value 11-2026: 1.1%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 5.67 (1.95 in 2023), above the usual 1.5. Short-term debt is 17.6% and cash 80.2% of total assets. 17.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 50, micro). It does better than 88% of them on solvency, 89% on liquidity, 7% on profitability and 15% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 16-04-2025)
NBB · annual accounts
lowers risk · Sector: Water transport (NACE 50)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 5.67, cash €9,825, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
2324
2023 to 2024 · latest year -€3,732
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-04-2025, 107 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
107 days early
2023
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 54 days before the deadline. In the sector (NACE 50), the median for financial year 2024 was 3 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: Higher solvency than 81% of companies in water transportsector median 39.7% · 170 companies 82.4% View

Recent changes

  1. · Gazette deed Registered office moved from Brasschaat to LauweNew seat: Menenstraat 123, 8930 Lauwe/Menen · Previous seat: Augustijnslei 68, 2930 Brasschaat · Resignation: BERTRAND WILLIAM FERNAND (director)
  2. · Gazette deed IncorporationStarting capital €50,000 · Appointment: BERTRAND William Fernand Jean-Pierre Sylvain (director)
All 5 events

Comparable companies

These companies have the same main activity as GREEN LEMON SHIPPING LINES: water transport (NACE 50200). They are comparable in size and age: total assets between €31,200 and €119,000, founded between 2011 and 2024.

CompanyTotal assetsGross margin
GREEN LEMON SHIPPING LINES Menen€12,246-€3,163
Barinthus Technologies Schaarbeek€32,603-€5,689
COMPAGNIE DE LA MEUSE Yvoir€83,002-€6,185
BREB BELGIUM Brugge€31,184€4,227
ARACO BELGIUM Brasschaat€119,163-€13,648
ROBY SIXTY Walhain€48,106-€409
INVICTA PROJECT & SHIPPING Antwerpen€104,988€14,542
Full comparison

Key facts about GREEN LEMON SHIPPING LINES

What is the company number of GREEN LEMON SHIPPING LINES?
The company number of GREEN LEMON SHIPPING LINES is 0794.317.756. The VAT number is the same number with BE in front: BE 0794.317.756.
Where is GREEN LEMON SHIPPING LINES based?
The registered office is at Menenstraat 123, 8930 Menen.Company details
What does GREEN LEMON SHIPPING LINES do?
According to the KBO register, the main activity is water transport (NACE 50200).
What is the legal form of GREEN LEMON SHIPPING LINES?
The legal form of GREEN LEMON SHIPPING LINES is Private limited company (BV).
When was GREEN LEMON SHIPPING LINES founded?
GREEN LEMON SHIPPING LINES was founded on 01-12-2022.
Is GREEN LEMON SHIPPING LINES still active?
Yes, GREEN LEMON SHIPPING LINES is an active enterprise in the KBO register.
What is the turnover of GREEN LEMON SHIPPING LINES?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is GREEN LEMON SHIPPING LINES profitable?
In financial year 2024, GREEN LEMON SHIPPING LINES made a loss of €3,732.
Where can I find the annual accounts of GREEN LEMON SHIPPING LINES?
GREEN LEMON SHIPPING LINES filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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