GREEN PROPULSION ENGINEERING
The computed 12-month bankruptcy probability of GREEN PROPULSION ENGINEERING is 0.6% (low). The 2022 annual accounts show negative equity (€-66k) and a net result of €-476k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 127 sector peers (fiscal year 2022). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-66k |
| Net result | €-476k |
| Staff (FTE) | 4 |
| Better than sector | 10% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -6.6% | 39.3% | |
| Net result | €-476k | €24k | |
| Equity | €-66k | €64k | |
| Gross operating margin | €-158k | €50k | |
| Staff costs | €236k | €203k |
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | €-404k |
| Net profit | €-476k |
| Cash flow | €-359k |
| Staff costs | €236k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €1.00M |
| Equity | €-66k |
| Debt | €1.07M |
| of which ≤ 1y | €199k |
| of which > 1y | €871k |
| Working capital | €466k |
| Employees (FTE) | 4.0 |
| 2022 | |
|---|---|
| Current ratio | 3.33 |
| Quick ratio | 3.11 |
| Working capital ratio | 46.4% |
| Solvency | -6.6% |
| Debt / equity | -16.23 |
| Long-term debt ratio | -13.20 |
| Interest coverage | -30.86 |
| Gross margin | - |
| Net margin | - |
| ROA | -47.4% |
| ROE | 721.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.00M |
| Fixed assets | 21/28 | €339k |
| Intangible fixed assets | 21 | €317k |
| Tangible fixed assets | 22/27 | €22k |
| Current assets | 29/58 | €665k |
| Stocks & contracts in progress | 3 | €45k |
| Amounts receivable within one year | 40/41 | €530k |
| Cash & bank | 54/58 | €44k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.00M |
| Equity | 10/15 | €-66k |
| Contributions / capital | 10/11 | €1.50M |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-1.79M |
| Amounts payable | 17/49 | €1.07M |
| Amounts payable after one year | 17 | €871k |
| Amounts payable within one year | 42/48 | €199k |
| Trade debts payable within one year | 44 | €166k |
| Income statement | ||
| Gross operating margin | 9900 | €-158k |
| Operating result | 9901 | €-521k |
| Financial income | 75 | €60k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-474k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-476k |
| Result to be appropriated | 9905 | €-476k |
| NACE primary | Engineering activities(71121) |
| Legal form | Public limited company(014) |
| Incorporation | 05-01-2016 |
| Status | Active |
| Postal code | 4020 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0482/00Z003 | Wallonia | 5,447 m² | 1 · 1,275 m² | 29.4 m · 7 fl. |
| 62002C0005/00P005 | Wallonia | 4,091 m² | 1 · 1,240 m² | 18.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-11-2023 Registered office moved to Liège
- Rue Natalis 2 4020 Liège
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue Natalis 2\n4020 Li\u00E8ge",
"city": "Li\u00E8ge",
"region": "waals_gewest",
"street": "Rue Natalis",
"country": "BE",
"postcode": "4020",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"old_address": null,
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de transf\u00E9rer le si\u00E8ge social: Rue Natalis 2 4020 Li\u00E8ge",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-11-13",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-10-13",
"unanimous": true
},
"subject_company": {
"kbo": "0645.594.089",
"name_full": "GREEN PROPULSION ENGINEERING",
"legal_form": "Soci\u00E9t\u00E9 anonyme"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij i",
"het Belgisch S",
"Staatsblad - 13/11/2023 - Annexes du Moniteur belge",
"Copie \u00E0 publier aux annexes au Moniteur belge",
"apr\u00E8s d\u00E9p\u00F4t de l\u0027acte au greffe",
"WAL DELENTACPRISE DE LI",
"RIBUNAL",
"30 BC1. 2023",
"Greffe",
"R\u00E9serv\u00E9",
"au",
"Moniteur",
"belge",
"*23143591*",
"N\u00B0 d\u0027entreprise",
"0645 594 089",
"Nom",
"ONISION LIEGE",
"(en entier): GREEN PROPULSION ENGINEERING",
"(en abr\u00E9g\u00E9): GPE",
"Forme l\u00E9gale: Soci\u00E9t\u00E9 anonyme",
"Adresse compl\u00E8te du si\u00E8ge: Avenue Pr\u00E9-Aily 20 - 4031 Angleur",
"Objet de l\u0027acte: Transfert du si\u00E8ge social",
"AGE du 13/10/2023",
"Transfert du si\u00E8ge social:",
"La d\u00E9cision a \u00E9t\u00E9 prise \u00E0 l\u0027unanimit\u00E9.",
"Mentionner sur la derni\u00E8re page du Volet B",
"Au recto: Nom et qualit\u00E9 du notaire instrumentant ou de la personne ou des personnes",
"ayant pouvoir de repr\u00E9senter la personne morale \u00E0 l\u0027\u00E9gard des tiers",
"Au verso: Nom et signature (pas applicable aux actes de type \u003C Mention \u00BB)",
"Mod DOC 19.01"
]
}31-10-2022 Mandate of Christophe GREFFE as director expired
- Christophe GREFFE, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Christophe GREFFE",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-06-17",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale prend acte de la fin\u0027du mandat d\u0027administrateur de Monsieur Christophe GREFFE au 17/06/2022.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "TENTREPRISE DE LIEGE",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-10-31",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-06-20",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0645.594.089",
"name_full": "GREEN PROPULSION ENGINEERING",
"legal_form": "Soci\u00E9t\u00E9 anonyme"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GREEN PROPULSION ENGINEERING |
| AbbreviationFR | GPE |