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GREEN ORGANISATION

Active
Public limited companyfounded 199134 yrs activeWinston Churchilllaan 228, 1180 Ukkel, BelgiumKBO/BCE: BE 0445.271.075

GREEN ORGANISATION has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-57k) and a net result of €15k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
42 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+83
Solvency0=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.31 in 2024; short-term debt: 141.1% and cash: 10.9% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
-41.1%
Return on assets
11.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2162 sector peers (2025).
NBB · sector comparison
Position among 2162 sector peers
Solvency
better than 5%
← 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 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
28 d early
2022
53 d early
2021
24 d early
2020
23 d late
2019
82 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
18-09-2026 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, abbreviated schema

Equity
€-57k▲ 21.3%
2024 · €-72k
2018: €-224k 2019: €-238k 2020: €-239k 2021: €-200k 2022: €127k 2023: €623 2024: €-72k
2018 → 2025
Total assets
€138k▼ 11.9%
2024 · €157k
2018: €532k 2019: €544k 2020: €670k 2021: €914k 2022: €391k 2023: €47k 2024: €157k
2018 → 2025
Net result
€15k
2024 · €-73k
2018: €-36k 2019: €-14k 2020: €-422 2021: €39k 2022: €327k 2023: €-126k 2024: €-73k
2018 → 2025
Working capital
€-159k▲ 0.3%
2024 · €-159k
2018: €46k 2019: €477k 2020: €627k 2021: €878k 2022: €124k 2023: €-2k 2024: €-159k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-200k-€127k€623▼ 99.5%€-72k€-57k▲ 21.3%
Operating result€47k-€340k▲ 616%€-125k€-72k▲ 42.5%€17k
Net result€39k-€327k▲ 746%€-126k€-73k▲ 42.2%€15k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2021: €47k€47kNet result 2021: €39k€39kOperating result 2022: €340k€340kNet result 2022: €327k€327kOperating result 2023: €-125k€-125kNet result 2023: €-126k€-126kOperating result 2024: €-72k€-72kNet result 2024: €-73k€-73kOperating result 2025: €17k€17kNet result 2025: €15k€15k20212022202320242025
The operating result returns to profit in 2025: €17k after a loss of €72k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets €102k▲ 17.1%
Current assets €37k▼ 47.8%
Key figures and ratios
2025 value · change against 2024
EBITDA
€27k
2024 · €-66k
Cash flow
€25k
2024 · €-67k
Solvency
-41.1%
2024 · -45.9%
Current ratio
0.19
2024 · 0.31
Quick ratio
0.19
2024 · 0.31
Debt / equity
-3.43
2024 · -3.18
ROA
11.1%
2024 · -46.3%
Interest coverage
14.88
2024 · -63.92
Debt
€195k
2024 · €230k
Debt ≤ 1 year
€195k
2024 · €230k
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€157k€138k
Fixed assets21/28€87k€102k
Tangible fixed assets22/27€87k€77k
Plant, machinery and equipment23€86k€77k
Furniture and vehicles24€1k€131
Financial fixed assets28-€25k
Current assets29/58€70k€37k
Amounts receivable within one year40/41€62k€22k
Trade receivables40€2k€22k
Other amounts receivable41€60k-
Cash at bank and in hand54/58€8k€15k
Equity and liabilities
Total equity and liabilities10/49€157k€138k
Equity10/15€-72k€-57k
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€-154k€-139k
Amounts payable17/49€230k€195k
Amounts payable within one year42/48€230k€195k
Trade debts44€117k€72k
Suppliers440/4€117k€72k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€112k€122k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k
Other operating charges640/8€859€883
Gross operating margin9900€-65k€28k
Operating profit (loss)9901€-72k€17k
Financial income75/76B€0€3
Recurring financial income75€0€3
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€-73k€15k
Income taxes67/77€-124-
Profit (loss) for the period9904€-73k€15k
Profit (loss) for the period to be appropriated9905€-73k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€-154k€-139k
Profit (loss) brought forward from the previous period14P€-81k€-154k

The notes to these accounts (5 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 · abbreviated schema
2025
31-12
Financial Back to profitnet €15k
Net result €15k after 2 loss-making years.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-126k ▼139%
Net result drops to €-126k, the lowest in the series; recovery starts the following year.
08-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €327k ▲746%
Operating result €340k, net result €327k, both a record.
31-12
Financial Equity above €100kEq €127k
2 profitable years in a row build equity to €127k.
07-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €39k
Net result €39k after 3 loss-making years.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
21-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial Liquidity times 9current ratio 9.56
Current ratio from 1.10 to 9.56; short-term debt falls from €465k to €56k.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
16-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Ukkel · 2 establishment units since 1993
establishment All 2 establishment units 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.

Winston Churchilllaan 2281180 Ukkel
Ground area
1,959 m²
Building footprint
354 m²
Volume, LiDAR
3,674 m³
2 parcels, Brussels, Flanders · tallest building 28.6 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Winston Churchilllaan 228, 1180 Ukkel
Other professional, scientific and technical activities
since 19932.054.739.320
ATLANTIS WORKS
Villalaan 26, 1630 LinkebeekNACE 72100
since 20042.144.958.723
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0056/02N090
ProtectedMonumentVilla Puy Fleuri en conciergewoningSource ↗
Brussels 1,483 m² 1 · 248 m² 28.6 m · 4 fl.
22003C0216/00B005 Flanders 476 m² 1 · 105 m² 8.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 1,244 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded23-09-1991
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
74872
41003General construction of other non-residential buildings
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.