Green Source
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 23 September 2025
- Supervising judge
- Jean Bonte
- Official Gazette
- 29-09-2025 (pdf) ↗search the document for 2025/138845
Deadlines
- Provisional date payments stopped
- 23 September 2025A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 14 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 23 October 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 29 October 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 23 September 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Joris J. De SmetWinston Churchilllaan 118B, 1180 Brussel 18joris@jorisjdesmet.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Activities of head offices
NACE 70100
1 site
Size
≈ €2.5mturnover 2024, estimated
- Equity
- €9.8m
- Profit
- €2.8m
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
- Board
- 7 members
- SDG Capital B.V.Chair · permanent representative Adrianus SNIJDERS
- HELT CONSULTINGManaging director · permanent representative HELSEN Thomas
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 1 day before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- OpeningEnterprise Court of Brussels ·…
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: Nicolaas Kreuk (class A director)Appointment: Nkr Consulting B.V. (director)…
Financials · financial year 2024, micro format
Turnover
≈ €2.5m
Estimated: probably between €1.7m and €3.2m
Total assets
€17.1m
Net result
€2.8m
Working capital
-€651,456
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €17.1m
Fixed assets
€14.8m
Current assets
€2.3m
Equity and liabilities €17.1m
Equity
€9.8m
Debt
€7.4m
Debt finances 43.0% of the balance-sheet total.
Key figures and ratios
Current ratio
0.78
Debt to equity
0.75
ROE
29.1%
ROA
16.6%
Debt ≤ 1 year
€3.0m
Debt > 1 year
€4.3m
Annual accounts
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €118 |
| Gross operating margin9900 | €1.4m |
| Operating profit (loss)9901 | €1.4m |
| Financial income75/76B | €2.0m |
| Recurring financial income75 | €2.0m |
| Financial charges65/66B | €0.5m |
| Recurring financial charges65 | €0.5m |
| Profit (loss) for the period before taxes9903 | €2.8m |
| Profit (loss) for the period9904 | €2.8m |
| Profit (loss) for the period to be appropriated9905 | €2.8m |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €17.1m | |
| Fixed assets21/28 | €14.8m | |
| Intangible fixed assets21 | €12.5m | |
| Financial fixed assets28 | €2.3m | |
| Current assets29/58 | €2.3m | |
| Amounts receivable within one year40/41 | €2.3m | |
| Trade receivables40 | €2.3m | |
| Cash at bank and in hand54/58 | €0.005m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €17.1m | |
| Equity10/15 | €9.8m | |
| Contributions10/11 | €6.9m | |
| Capital10 | €0.01m | |
| Issued capital100 | €0.01m | |
| Contributions outside capital11 | €6.9m | |
| Share premium1100/10 | €1.1m | |
| Other1109/19 | €5.8m | |
| Profit (loss) carried forward14 | €2.8m | |
| Amounts payable17/49 | €7.4m | |
| Amounts payable after more than one year17 | €4.3m | |
| Financial debts170/4 | €4.3m | |
| Amounts payable within one year42/48 | €3.0m | |
| Financial debts43 | €1.0m | |
| Other loans439 | €1.0m | |
| Trade debts44 | €0.7m | |
| Suppliers440/4 | €0.7m | |
| Taxes, remuneration and social security45 | €0.2m | |
| Taxes450/3 | €0.2m | |
| Other amounts payable47/48 | €1.1m | |
| Accrued charges and deferred income492/3 | €0.1m | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €2.8m |
| Operating cash flow (approximation) | €2.8m |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-07-2025 | 2025-00329710 |
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Of the 5,757 active companies whose main activity is activities of head offices (NACE 70100), figures are known for 3,690. 893 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
7 directors, 2 in day-to-day management, no change since 2024
Board 7
SDG Capital B.V.
CurrentVoorzitter van het bestuursorgaan · since 02-03-2023 · A bestuurder,gewone bestuurder · since 22-02-2023 · Legal entity · permanent representative: Adrianus SNIJDERS
HELT CONSULTING
CurrentB bestuurder,gewone bestuurder · since 22-02-2023 · Private limited company · permanent representative: HELSEN Thomas
KER BOLTON
CurrentB bestuurder,gewone bestuurder · since 22-02-2023 · Private limited company · permanent representative: KAMERMAN Martijn
Jelle Hoite Prins
CurrentClass A director · since 19-06-2023
RENDERS Maria (Marleen)
CurrentClass B director · since 20-11-2023
Nicolaas (Niels) Kreuk
CurrentClass A director · since 29-12-2023
Nkr Consulting B.V.
CurrentDirector · since 24-12-2024 · Legal entity · permanent representative: Nicolaas Kreuk
Day-to-day management 2
HELT CONSULTING
CurrentManaging director · since 02-03-2023 · Private limited company · permanent representative: HELSEN Thomas
KER BOLTON
CurrentManaging director · since 02-03-2023 · Private limited company · permanent representative: KAMERMAN Martijn
Permanent representatives 4
Adrianus SNIJDERS
CurrentPermanent representative · since 22-02-2023 · for SDG Capital B.V.
HELSEN Thomas
CurrentPermanent representative · since 22-02-2023 · for HELT CONSULTING
KAMERMAN Martijn
CurrentPermanent representative · since 22-02-2023 · for KER BOLTON
Nicolaas Kreuk
CurrentPermanent representative · since 24-12-2024 · for Nkr Consulting B.V.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
12 people since 2023, 7 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| HELT CONSULTING |
|
| KER BOLTON |
|
| SDG Capital B.V. |
|
| Jelle Hoite Prins |
|
| RENDERS Maria (Marleen) |
|
| Nicolaas (Niels) Kreuk |
|
| Nkr Consulting B.V. |
|
| Nicolaas Kreuk |
|
| Kamerman Intermational Group BV |
|
| Jelle Prins |
|
| Kamerman International BV |
|
| Meike Scheffer |
|
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Joris J. De Smet Winston Churchilllaan 118B, 1180 Brussel 18 |
23-09-2025 → present |
The directors' other companies
2 current directors with another company that went bankrupt, was dissolved or struck off
1 other company of this director went bankrupt (2025).
- BE NETWORKS bankruptcy on 09-12-2025Official Gazettemandate since 2025
1 other company of this director went bankrupt (2025).
- BE NETWORKS bankruptcy on 09-12-2025Official Gazettemandate until 2023
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it. Only boards we have read from the Gazette; other companies may still be missing.
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 23-01-2023 ↗
- SDG Capital Fund II Coöperatief U.A. (BE 0797.186.184) 100 shares (100%) · €1,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 28-03-2024 Capital increase of €1,100,000 · 1,100,000 new shares · in kind
- 02-03-2023 Capital increase of €5,878,648.76 · 900 new shares · in cash
- 23-01-2023 Incorporation · €1,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
BE NETWORKS
Shared corporate director
→
History
Green Source was incorporated on 19 January 2023 as a private limited company by SDG Capital Fund II Coöperatief U.A., with a starting capital of €1,000.12 Between 2023 and 2024 the capital was increased 2 times.34 The registered office was moved to Beersel in 2024.5 The board currently has 7 members; 3 of them have served since 2023.3 On 23 September 2025 the company was declared bankrupt.6
Acts, filings and financial milestones
2025
29-09
Bankruptcy
Opening
Enterprise Court of Brussels · judgment of 23-09-2025
30-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
24-12
Gazette deed
Resignation: Nicolaas Kreuk (class A director)Appointment: Nkr Consulting B.V. (director) · Permanent representative: Nicolaas Kreuk5 facts ▸
Gazette deed
Resignation: Nicolaas Kreuk (class A director)
Appointment: Nkr Consulting B.V. (director) · Permanent representative: Nicolaas Kreuk5 facts ▸
- General meeting, “eenparige schriftelijke besluiten, artikel 5:85 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Director resignation, Nicolaas Kreuk (class A director)
- Director appointment, Nkr Consulting B.V. (director)
- Permanent representative, Nicolaas Kreuk
- Other provision, “wet van 04-05-2024 betreffende Centraal register van bestuursverboden, bestuursverbod-verklaring nieuwe bestuurder en vaste vertegenwoordiger” (deed in Dutch) (2 times)
14-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
Gazette deed
Registered office
Registered-office move2 facts ▸
- Board meeting, 04-03-2024
- Registered-office move, Nering 14, 1650 Beersel
28-03
Gazette deed
Appointment: RENDERS Maria (Marleen) (class B director)Permanent representatives: SNIJDERS Adrianus and HELSEN Thomas · Auditor report · Capital increase13 facts ▸
Gazette deed
Appointment: RENDERS Maria (Marleen) (class B director)
Permanent representatives: SNIJDERS Adrianus and HELSEN Thomas · Auditor report · Capital increase13 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Other provision, “goedkeuring verslag bestuursorgaan en bedrijfsrevisor”, 1 (deed in Dutch)
- Auditor report, “Bedrijfsrevisor erkend door FSMA”, EUR (deed in Dutch)
- Other provision, “afwijking verslag bestuursorgaan van conclusies bedrijfsrevisor” (deed in Dutch)
- Capital increase, €1,100,000
- Amendment of the articles, 5
- Director appointment, RENDERS Maria (Marleen) (class B director)
- Board composition, SDG Capital B.V. (class A director)
- Board composition, KREUK Nicolaas (class A director)
- Permanent representative, SNIJDERS Adrianus
- Board composition, HELT CONSULTING (class B director)
- Permanent representative, HELSEN Thomas
- +1 further fact in this act
05-03
Gazette deed
Resignation: Kamerman Intermational Group BV (director)Permanent representative: Martijn Kamerman · Appointment: Maria (Marleen) Renders (director)4 facts ▸
Gazette deed
Resignation: Kamerman Intermational Group BV (director)
Permanent representative: Martijn Kamerman · Appointment: Maria (Marleen) Renders (director)4 facts ▸
- Board meeting, 20-11-2023
- Director resignation, Kamerman Intermational Group BV (director)
- Permanent representative, Martijn Kamerman
- Director appointment, Maria (Marleen) Renders (director)
2023
29-12
Gazette deed
Resignation: Jelle Prins (class A director)Appointment: Nicolaas (Niels) Kreuk (class A director)3 facts ▸
Gazette deed
Resignation: Jelle Prins (class A director)
Appointment: Nicolaas (Niels) Kreuk (class A director)3 facts ▸
- General meeting, 14-12-2023
- Director resignation, Jelle Prins (class A director)
- Director appointment, Nicolaas (Niels) Kreuk (class A director)
08-11
Gazette deed
Resignation: Kamerman International BV (director)Permanent representative: Martijn Kamerman5 facts ▸
Gazette deed
Resignation: Kamerman International BV (director)
Permanent representative: Martijn Kamerman5 facts ▸
- General meeting, 20-10-2023
- Director resignation, Kamerman International BV (director)
- Permanent representative, Martijn Kamerman (2 times)
- Board meeting, 20-10-2023
- Director resignation, Kamerman International BV (managing director)
19-06
Gazette deed
Resignation: Meike Scheffer (class A director)Appointment: Jelle Hoite Prins (class A director)3 facts ▸
Gazette deed
Resignation: Meike Scheffer (class A director)
Appointment: Jelle Hoite Prins (class A director)3 facts ▸
- General meeting, 01-06-2023
- Director resignation, Meike Scheffer (class A director)
- Director appointment, Jelle Hoite Prins (class A director)
02-03
Gazette deed
Appointments: SDG Capital B.V., SCHEFFER Meike and 2 othersPermanent representatives: Adrianus SNIJDERS, KAMERMAN Martijn and HELSEN Thomas · Capital increase · Approval17 facts ▸
Gazette deed
Appointments: SDG Capital B.V., SCHEFFER Meike and 2 others
Permanent representatives: Adrianus SNIJDERS, KAMERMAN Martijn and HELSEN Thomas · Capital increase · Approval17 facts ▸
- General meeting, “2800 Mechelen,Antwerpsesteenweg 279, buitengewone algemene vergadering” (deed in Dutch)
- Capital increase, €5,878,648.76
- Approval, “creatie van soorten van aandelen,te weten een soort A aandelen en een soort B aandelen, verslag van het bestuursorgaan in toepassing van artikel 5:102 van het W…” (deed in Dutch)
- Kind of shares, “indelen in twee soorten, soort A aandelen” (deed in Dutch)
- Amendment of the articles
- Capital
- Director appointment, SDG Capital B.V. (a bestuurder,gewone bestuurder)
- Permanent representative, Adrianus SNIJDERS
- Director appointment, SCHEFFER Meike (a bestuurder,gewone bestuurder)
- Director appointment, KAMERMAN INTERNATIONAL GROUP (b bestuurder,gewone bestuurder)
- Permanent representative, KAMERMAN Martijn
- Director appointment, HELT CONSULTING (b bestuurder,gewone bestuurder)
- +5 further facts in this act
23-01
Gazette deed
IncorporationAppointment: SDG Capital B.V. (gewone bestuurder) · Permanent representative: Adrianus SNIJDERS · Founder7 facts ▸
Gazette deed
Incorporation
Appointment: SDG Capital B.V. (gewone bestuurder) · Permanent representative: Adrianus SNIJDERS · Founder7 facts ▸
- Incorporation, 18-01-2023
- Founder, SDG Capital Fund II Coöperatief U.A.
- Capital
- Founding capital, €1,000
- Registered office clause, “2800 Mechelen,Antwerpsesteenweg 279” (deed in Dutch)
- Director appointment, SDG Capital B.V. (gewone bestuurder)
- Permanent representative, Adrianus SNIJDERS
SignalGazette deedNBB filing
9 of 9 deeds read
Opening faillissement
Green Source is in the KBO register with the legal situation: opening faillissement.
- Legal situation
- Opening faillissement
- Last annual accounts
- financial year to 31 December 2024
- Legal form
- Private limited company
- Active since
- 19 January 2023
Register details
Identification
Legal formPrivate limited company
Founded19-01-2023
Financial year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
894500HCI4B5G4DFUC17
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2023
Ground area
6,309 m²
Building footprint
1,400 m²
Building volume
9,178 m³
2 parcels, Flanders · tallest building 9.2 m. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Green Source
since 2023unit no. 2.342.941.166
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12402A0228/00W003 | Flanders | 5,328 m² | 1 · 1,250 m² | 8.8 m · 2 |
| 23003C0057/00T000 | Flanders | 981 m² | 1 · 150 m² | 9.2 m · 2 |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “1) zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en…” (deed in Dutch)
6 activities (deed in Dutch)
- 1) zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en ondernemingen;
- 2) het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke ondernemingen en vennootschappen; het optreden als vereffenaar;
- 3) het verlenen van technische,administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen; het verlenen van financiële bijstand;
- 4) haar patrimonium,bestaande uit onroerende en roerende goederen en rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden; alle onroerende verrichtingen,inclusief onroerende leasing;
- 5) de aankoop,verhuur,onderhoud en verkoop van alle roerende goederen – desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden – zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft- en hardware;
- 6) het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Green Source
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 4” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht van aandelen, in de statuten opgelegde regelingen gelden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of May at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering overeenkomstig wettelijke bepalingen, ontbinding” (deed in Dutch)