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GREEN MIND SOLAR

Active
Private limited companyfounded 2024active for 2 yearsSchuttershof 34, 9140 Temse, BelgiumKBO/BCE: BE 1005.486.459
Summary

The computed 12-month bankruptcy probability of GREEN MIND SOLAR is 2.8% (moderate). The 2025 annual accounts show equity of €9,713 and a net result of -€5,665. Its solvency ranks better than 18% of 512 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€143,358turnover 2025
Equity
€9,713
Loss
-€5,665
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Structure
Accounts 42 days early1 of 2 deeds read
Why 50raises riskFounded in 2024Size: turnover €143,358, total assets €75,297Equity €9,713 (12.9% of total assets)Sector: Civil engineering (NACE 42)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 22% of its sector peers (NACE 42, micro)
Financial strength · tick = 2024
Weak
Solvency 38-47
equity 12.9% of total assets
Liquidity 14-67
short-term debt 87.1% · cash 10.0%
Profitability 9-91
return on assets -7.5%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,864 companies, NACE 42, micro)
Last 24 months 02-2025: 1.8% 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 2.2%▲ +0.4 percentage points vs 04-2025 06-2025: 2.3%▲ +0.1 percentage points vs 05-2025 07-2025: 2.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%▼ -2.0 percentage points vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.6%▲ +0.1 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 3.2%▲ +2.5 percentage points vs 06-2026highest value 08-2026: 3.1%▼ -0.1 percentage points vs 07-2026 09-2026: 3.0%▼ -0.1 percentage points vs 08-2026 10-2026: 2.8%▼ -0.2 percentage points vs 09-2026
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 42, micro): better than 17% on solvency, 9% on liquidity, 12% on profitability and 48% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Founded in 2024
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: turnover €143,358, total assets €75,297
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €9,713 (12.9% of total assets)
NBB · annual accounts
raises risk · Sector: Civil engineering (NACE 42)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 512 sector peers (2025).
NBB · sector comparison
Position among 512 sector peers
Solvency
better than 18%
← weakest strongest →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
42 days early
2024
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 37 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Mohammed Awad (director)Director discharge
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Turnover rose in 2025from €72,508 to €143,358 ▲ 97.7% View
  • Caution: Among the weakest 14% on equitysector median €330,590 · 512 companies €9,713 View
  • A director leftlatest change 22-05-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Turnover
€143,358
Loss
-€5,665
Solvency
12.9%
Turnover▲ 97.7%
Net result
20242025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
01-02-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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