Financials
- Financial year
- 2024
- Turnover
- €17.2m
- Profit
- €3.2m
- Solvency
- 74.2%
Turnover▲ 29.5%
Net result
20222024
GREEN PRODUCTION SYSTEMS
ActiveSummary
GREEN PRODUCTION SYSTEMS has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.7m and a net result of €3.2m. Equity is growing by about 38% per year across the filed financial years. Its solvency ranks better than 89% of 317 sector peers (NACE 28, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28300Engineering and related technical consultancy, excluding land surveyors NACE 71121
3rd fastest staff growth in the province of Antwerp, Machinery and equipment sector3 sites
Size
€17.2mturnover 2024
- Staff
- 23.9 FTE
- Equity
- €8.7m
- Profit
- €3.2m
Structure
Accounts 84 days overdue0 of 4 deeds read
Why 58raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 29-11-2025)Liquidity: current ratio 3.74, cash €129,018, halved1 financial year not filed after the legal deadline; latest accounts 117 days late; 3 of the last 3 latelowers riskFounded in 2010Show the evidence
Checked score
Score 2024
58
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 81% of its sector peers (NACE 28, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency
99=
equity 74.2% of total assets
Liquidity
41-12
short-term debt 25.8% · cash 1.1%
Profitability
100+27
return on assets 27.0%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.2 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.4%▼ -0.1 percentage points vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026
10-2026: 1.2%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €500,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 3.74, compared with 3.61 in 2023, above the usual 1.5; short-term debt: 25.8% and cash: 1.1% of total assets), and 25.8% of the assets are financed with debt and provisions.
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 28, small): better than 86% on solvency, 46% on liquidity, 97% on profitability and 94% on growth.
The bankruptcy probability was computed on 22-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
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, 84 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
117 days late
2023
79 days late
2022
70 days late
2021
75 days late
2020
5 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 78 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Highest result from 2018 to 2024net €3.2m ▲228%
- Annual accounts filedfinancial year 2023 · full…
Key points
- Positive: Result rose in 2024from €965,947 to €3.2m ▲ 228% View
- Caution: Accounts not fileddeadline was 31-07-2026 84 days late View
- Positive: 3rd fastest staff growth in the province of Antwerp, Machinery and equipment…in the Checked rankings No. 3 View
- Positive: 7 profitable years in a rowprofit 2024: €3.2m 7 years View
By topic
Timeline
- Events
- 18
- Since
- 2012
- 31-12-2023Equity above €5m
- 09-10-2023Annual accounts filed
- 14-10-2022Annual accounts filed
Company details
- Sites
- 3
- Legal form
- Private limited company
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28300
- Founded
- 30-04-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.