Green Shift
ActiveSummary
Green Shift has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-121k) and a net result of €-70k. Equity is shrinking by ~118.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
22
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record82
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.09 in 2024; short-term debt: 912.2% and cash: 5.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-816%
Return on assets
-472.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-121k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
5 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-121k▼ 137%
2024 · €-51k
2023: €195
2024: €-51k
2023 → 2025
Total assets
€15k▼ 28.0%
2024 · €21k
2023: €2k
2024: €21k
2023 → 2025
Net result
€-70k▼ 36.8%
2024 · €-51k
2023: €-2k
2024: €-51k
2023 → 2025
Working capital
€-127k▼ 119%
2024 · €-58k
2023: €195
2024: €-58k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€195-€-51k€-121k▼ 137%
Operating result€-2k-€-50k▼ 2,069%€-69k▼ 37.8%
Net result€-2k-€-51k▼ 2,112%€-70k▼ 36.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €69k in 2025 against €50k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€7k ▼ 49.1%
Current assets
€7k ▲ 23.5%
Key figures and ratios
EBITDA
€-62k▼
2024 · €-43k
Cash flow
€-63k▼
2024 · €-44k
Solvency
-816.0%▼
2024 · -247.7%
Current ratio
0.05▼
2024 · 0.09
Debt to equity
-1.12▲
2024 · -1.40
ROA
-472.1%▼
2024 · -248.7%
Interest coverage
-84.60▼
2024 · -47.99
Debt
€135k▲
2024 · €71k
Debt ≤ 1 year
€135k▲
2024 · €64k
Debt > 1 year
€561▼
2024 · €7k
Income taxes
€132▲
2024 · €128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€21k€15k▼
Fixed assets21/28€15k€7k▼
Tangible fixed assets22/27€15k€7k▼
Furniture and vehicles24€15k€7k▼
Current assets29/58€6k€7k▲
Amounts receivable within one year40/41€5k€7k▲
Trade receivables40€5k€462▼
Other amounts receivable41-€6k
Cash at bank and in hand54/58€1k€861▼
Equity and liabilities
Total equity and liabilities10/49€21k€15k▼
Equity10/15€-51k€-121k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-53k€-123k▼
Amounts payable17/49€71k€135k▲
Amounts payable after more than one year17€7k€561▼
Financial debts170/4€7k€561▼
Amounts payable within one year42/48€64k€135k▲
Current portion of amounts payable after more than one year42€6k€7k▲
Trade debts44€5k€947▼
Suppliers440/4€5k€947▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€162▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€50k€125k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€2k€682▼
Gross operating margin9900€-41k€-61k▼
Operating profit (loss)9901€-50k€-69k▼
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€894€730▼
Recurring financial charges65€894€730▼
Profit (loss) for the period before taxes9903€-51k€-70k▼
Income taxes67/77€128€132▲
Profit (loss) for the period9904€-51k€-70k▼
Profit (loss) for the period to be appropriated9905€-51k€-70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-123k▼
Profit (loss) brought forward from the previous period14P€-2k€-53k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Braine-l'Alleud · 2 establishment units since 2023
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.
Rue des Piles 191420 Braine-l'AlleudGround area
1,930 m²
Building footprint
322 m²
Volume, LiDAR
1,351 m³
2 parcels, Brussels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Green Shift
since 20232.354.817.035
Green Shift
since 20252.380.860.743
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014A0613/00R000 | Wallonia | 1,679 m² | 1 · 163 m² | - |
| 21821B0436/00E004 | Brussels | 251 m² | 1 · 159 m² | 10.9 m · 3 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
Similar companies · same sector, comparable size
ATHENA DG
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D.Z.M.
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Golf Team Lev Grinberg
BE 0785.835.206
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Stra-T-Go
BE 0837.979.337
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BH First Consulting
BE 0778.593.759
Schaarbeek · Eq €196
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 1,096 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43211General electrical installation work
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
46649Wholesale of other machinery and equipment
47529Retail trade
65111Insurance, reinsurance and pension funding, except compulsory social security
66220Insurance agents and brokers
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:laurent.vandencamp@gmail.com