Green Tech Lab
ActiveSummary
Green Tech Lab has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€63,555) and a net result of -€43,712. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 7% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-65
Solvency0▼-18
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.4 in 2024; short-term debt: 122.7% and cash: 0% of total assets), and equity is negative.
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Signals
Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
-27%
Return on assets
-18.5%
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
22232425
2022 to 2025 · latest year -€63,555
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
51 d late
2022
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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. Usually files around 10 September (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€63,555▼ 220%
2024 · -€19,843
Total assets
€235,693▼ 17.1%
2024 · €284,194
Net result
-€43,712
2024 · €11,394
Working capital
-€173,929▲ 0.7%
2024 · -€175,105
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€47,255-€13,811€17,061▲ 23.5%-€14,327
Net result-€48,010below the sector's middle half-€12,278within the sector's middle half€11,394within the sector's middle half▼ 7.2%-€43,712below the sector's middle half
Equity-€43,516below the sector's middle half--€31,238below the sector's middle half▲ 28.2%-€19,843below the sector's middle half▲ 36.5%-€63,555below the sector's middle half▼ 220%
Total assets€76,361within the sector's middle half-€161,003within the sector's middle half▲ 111%€284,194within the sector's middle half▲ 76.5%€235,693within the sector's middle half▼ 17.1%
Debt€119,876-€192,241▲ 60.4%€304,037▲ 58.2%€299,249▼ 1.6%
Working capital-€91,734below the sector's middle half--€64,741below the sector's middle half▲ 29.4%-€175,105below the sector's middle half▼ 170%-€173,929below the sector's middle half▲ 0.7%
Solvency-57.0%below the sector's middle half--19.4%below the sector's middle half▲ 37.6pp-7.0%below the sector's middle half▲ 12.4pp-27.0%below the sector's middle half▼ 20.0pp
Current ratio0.16below the sector's middle half-0.64below the sector's middle half▲ 0.480.40below the sector's middle half▼ 0.240.40below the sector's middle half▼ 0.01
Return on assets (ROA)-62.9%below the sector's middle half-7.6%within the sector's middle half▲ 70.5pp4.0%within the sector's middle half▼ 3.6pp-18.5%below the sector's middle half▼ 22.6pp
Staff (FTE)2.6-2.7▲ 3.8%2.7=2▼ 25.9%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14,327 after €17,061 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217,440
Fixed assets
€102,220 ▼ 27.6%
Current assets
€115,220 ▼ 3.0%
Key figures and ratios
EBITDA
€30,561▼
2024 · €46,924
Cash flow
€1,176▼
2024 · €41,257
Debt to equity
-4.71▲
2024 · -15.32
Interest coverage
1.04▼
2024 · 8.28
Debt ≤ 1 year
€289,149▼
2024 · €293,937
Debt > 1 year
€10,100=
2024 · €10,100
Staff costs
€109,888▼
2024 · €135,271
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €118,264 | €145,088 | €135,271 | €109,888 | ▼ 18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,715 | €14,715 | €29,863 | €44,888 | ▲ 50.3% |
| Other operating charges640/8 | €1,314 | €384 | €387 | €0 | ▼ 100% |
| Operating charges capitalised as restructuring costs649 | - | - | -€26,674 | €0 | ▲ 100% |
| Gross operating margin9900 | €87,037 | €173,998 | €155,909 | €140,449 | ▼ 9.9% |
| Operating profit (loss)9901 | -€47,255 | €13,811 | €17,061 | -€14,327 | ▼ 184% |
| Financial charges65/66B | €755 | €1,533 | €5,667 | €29,385 | ▲ 419% |
| Recurring financial charges65 | €755 | €1,533 | €5,667 | €29,385 | ▲ 419% |
| Profit (loss) for the period before taxes9903 | -€48,010 | €12,278 | €11,394 | -€43,712 | ▼ 484% |
| Profit (loss) for the period9904 | -€48,010 | €12,278 | €11,394 | -€43,712 | ▼ 484% |
| Profit (loss) for the period to be appropriated9905 | -€48,010 | €12,278 | €11,394 | -€43,712 | ▼ 484% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €76,361 | €161,003 | €284,194 | €235,693 | ▼ 17.1% |
| Formation expenses20 | €1,936 | €1,262 | €24,112 | €18,254 | ▼ 24.3% |
| Fixed assets21/28 | €56,382 | €42,342 | €141,249 | €102,220 | ▼ 27.6% |
| Intangible fixed assets21 | €56,122 | €42,082 | €140,989 | €101,960 | ▼ 27.7% |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | = |
| Current assets29/58 | €18,043 | €117,400 | €118,833 | €115,220 | ▼ 3.0% |
| Amounts receivable within one year40/41 | €13,502 | €113,505 | €116,189 | €114,188 | ▼ 1.7% |
| Trade receivables40 | €13,502 | €113,505 | €101,965 | €114,188 | ▲ 12.0% |
| Other amounts receivable41 | - | - | €14,224 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €446 | €113 | €542 | €38 | ▼ 93.1% |
| Deferred charges and accrued income490/1 | €4,094 | €3,782 | €2,102 | €995 | ▼ 52.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €76,361 | €161,003 | €284,194 | €235,693 | ▼ 17.1% |
| Equity10/15 | -€43,516 | -€31,238 | -€19,843 | -€63,555 | ▼ 220% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€46,516 | -€34,238 | -€22,843 | -€66,555 | ▼ 191% |
| Amounts payable17/49 | €119,876 | €192,241 | €304,037 | €299,249 | ▼ 1.6% |
| Amounts payable after more than one year17 | €10,100 | €10,100 | €10,100 | €10,100 | = |
| Other amounts payable178/9 | €10,100 | €10,100 | €10,100 | €10,100 | = |
| Amounts payable within one year42/48 | €109,776 | €182,141 | €293,937 | €289,149 | ▼ 1.6% |
| Trade debts44 | €25,470 | €3,529 | €68,236 | €5,174 | ▼ 92.4% |
| Suppliers440/4 | €25,470 | €3,529 | €68,236 | €5,174 | ▼ 92.4% |
| Taxes, remuneration and social security45 | €26,358 | €74,805 | €97,865 | €45,133 | ▼ 53.9% |
| Taxes450/3 | €804 | €29,556 | €68,478 | €18,875 | ▼ 72.4% |
| Remuneration and social security454/9 | €25,555 | €45,249 | €29,386 | €26,258 | ▼ 10.6% |
| Other amounts payable47/48 | €57,948 | €103,807 | €127,837 | €238,842 | ▲ 86.8% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€48,010 | €12,278 | €11,394 | -€43,712 | ▼ 484% |
| + Depreciation and write-downs630 | €14,715 | €14,715 | €29,863 | €44,888 | ▲ 50.3% |
| Operating cash flow (approximation) | -€33,295 | €26,993 | €41,257 | €1,176 | ▼ 97.1% |
| Investment in fixed assets (approximation) | - | -€675 | -€128,770 | -€5,859 | ▲ 95.5% |
| Change in cash | - | -€333 | €429 | -€505 | ▼ 218% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial
Back to profitnet €12,278
Net result €12,278 after one loss-making year.
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 98 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Esneux · 1 establishment unit since 2020
Ground area
704 m²
Building footprint
100 m²
Volume, LiDAR
1,052 m³
Parcel 62032A0878/00G018, Wallonia · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GREEN TECH LAB
since 20202.308.083.425
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032A0878/00G018 | Wallonia | 704 m² | 1 · 100 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,262 companies in sector 71113 we hold annual accounts for 659. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71113Urban planning and landscape architecture
81300Landscape service activities
Contact
E-mail
luc.petit.ep@gmail.com
Phone
+32485832499
E-invoicing
Reachable via Peppol
Peppol ID
0208:0751901438
Also
9925:BE0751901438
Registered
14-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.