GREEN STREET IMMO
ActiveThe annual accounts of GREEN STREET IMMO for fiscal year 2025 show a net loss of 77% of the equity at the start of that year. The 2025 annual accounts show equity of €29k and a net result of €-102k. Equity is shrinking by ~19% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 18% of 9195 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-5
Solvency26▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.56 against 1.98 in 2024; short-term debt: 10.4% and cash: 0.1% of total assets), but 99% of the assets are financed with debt.
Credit advice 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-102k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9195 sector peers (2025).
NBB · sector comparisonPosition among 9195 sector peers
Solvency
better than 18%
← 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 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
120 d early
2024
2 d early
2023
44 d early
2022
7 d early
2021
132 d early
2020
32 d early
2019
35 d early
← 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 monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€29k▼ 78.6%
2024 · €134k
2018: €484k
2019: €421k
2020: €424k
2021: €348k
2022: €330k
2023: €226k
2024: €134k
2018 → 2025
Total assets
€2.91M▲ 2.0%
2024 · €2.85M
2018: €1.50M
2019: €1.96M
2020: €2.11M
2021: €2.45M
2022: €2.68M
2023: €2.77M
2024: €2.85M
2018 → 2025
Net result
€-102k▼ 14.3%
2024 · €-89k
2018: €-21k
2019: €-43k
2020: €4k
2021: €-77k
2022: €-58k
2023: €-101k
2024: €-89k
2018 → 2025
Working capital
€171k▼ 15.5%
2024 · €202k
2018: €227k
2019: €186k
2020: €429k
2021: €469k
2022: €512k
2023: €421k
2024: €202k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€348k-€330k▼ 5.2%€226k▼ 31.5%€134k▼ 40.8%€29k▼ 78.6%
Operating result€-25k-€8k€-38k€-26k▲ 31.8%€-30k▼ 14.4%
Net result€-77k-€-58k▲ 24.8%€-101k▼ 75.5%€-89k▲ 11.5%€-102k▼ 14.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30k in 2025 against €26k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.91M
Fixed assets
€2.43M▼ 0.4%
Current assets
€474k▲ 15.9%
Equity and liabilities €2.91M
Equity
€29k▼ 78.6%
Debt
€2.88M▲ 5.9%
The debt ratio rises from 95.3% to 99.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€168k▼
2024 · €182k
Cash flow
€95k▼
2024 · €118k
Solvency
1.0%▼
2024 · 4.7%
Current ratio
1.56▼
2024 · 1.98
Quick ratio
1.56▼
2024 · 1.98
ROE
-357.8%▼
2024 · -67.0%
ROA
-3.5%▼
2024 · -3.1%
Interest coverage
2.22▼
2024 · 2.74
Debt
€2.88M▲
2024 · €2.72M
Debt ≤ 1 year
€304k▲
2024 · €207k
Debt > 1 year
€2.58M▲
2024 · €2.51M
A ratio outside any meaningful range has been withheld (balance sheet total €2.91M, equity €29k).
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€2.85M€2.91M▲
Fixed assets21/28€2.44M€2.43M▼
Tangible fixed assets22/27€1.74M€1.73M▼
Land and buildings22€1.21M€1.23M▲
Plant, machinery and equipment23€530k€494k▼
Leasing and similar rights25€0-
Financial fixed assets28€706k€706k=
Current assets29/58€409k€474k▲
Amounts receivable after more than one year29€76k€76k=
Other amounts receivable291€76k€76k=
Amounts receivable within one year40/41€329k€395k▲
Trade receivables40€286k€394k▲
Other amounts receivable41€44k€1k▼
Cash at bank and in hand54/58€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€2.85M€2.91M▲
Equity10/15€134k€29k▼
Contributions10/11€311k€311k=
Revaluation surpluses12€0-
Reserves13€485€485=
Non-distributable reserves130/1€485€485=
Reserves not available under the articles1311€485€485=
Profit (loss) carried forward14€-212k€-315k▼
Investment grants15€34k€31k▼
Amounts payable17/49€2.72M€2.88M▲
Amounts payable after more than one year17€2.51M€2.58M▲
Financial debts170/4€2.51M€2.58M▲
Amounts payable within one year42/48€207k€304k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€4k€25k▲
Suppliers440/4€4k€25k▲
Other amounts payable47/48€203k€279k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€208k€198k▼
Other operating charges640/8€15k€15k▲
Gross operating margin9900€197k€184k▼
Operating profit (loss)9901€-26k€-30k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€66k€76k▲
Recurring financial charges65€66k€76k▲
Profit (loss) for the period before taxes9903€-89k€-102k▼
Profit (loss) for the period9904€-89k€-102k▼
Profit (loss) for the period to be appropriated9905€-89k€-102k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-220k€-315k▼
Profit (loss) brought forward from the previous period14P€-130k€-212k▼
Transfer from equity791/2€8k€0▼
The notes to these accounts (13 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
12-08
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 09/04/2026
- Registered-office move, Groenestraat 24a, 8501 Heule
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-102k
Net result drops to €-102k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 5.15
Current ratio from 1.82 to 5.15; short-term debt falls from €226k to €103k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1985
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.
Groenestraat(Heu) 24 a8501 KortrijkGround area
9,716 m²
Building footprint
1,250 m²
Volume, LiDAR
8,001 m³
Parcel 34016B0491/00T002, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Groenestraat(Heu) 24, 8501 Kortrijk
since 19852.027.003.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016B0491/00T002 | Flanders | 9,716 m² | 1 · 1,250 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 2,487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-1985
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.