GREEN TECHNIQUES
ActiveSummary
GREEN TECHNIQUES has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-7k) and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▲+20
Solvency20▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.26 in 2023; short-term debt: 20.1% and cash: 1.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-4.6%
Return on assets
3.4%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 36376 sector peers (2024).
NBB · sector comparisonPosition among 36376 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
68 d late
2022
60 d late
2021
123 d late
2020
15 d early
2019
49 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-7k▲ 43.0%
2023 · €-12k
2018: €-6k
2019: €-3k
2020: €234
2021: €-4k
2022: €-9k
2023: €-12k
2018 → 2024
Total assets
€153k▼ 9.8%
2023 · €169k
2018: €232k
2019: €223k
2020: €212k
2021: €191k
2022: €174k
2023: €169k
2018 → 2024
Net result
€5k
2023 · €-4k
2018: €-5k
2019: €3k
2020: €4k
2021: €-5k
2022: €-4k
2023: €-4k
2018 → 2024
Working capital
€-26k▲ 1.2%
2023 · €-27k
2018: €-982
2019: €-3k
2020: €-4k
2021: €-12k
2022: €-20k
2023: €-27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€234-€-4k€-9k▼ 96.5%€-12k▼ 40.5%€-7k▲ 43.0%
Operating result€9k-€-719€1k€3k▲ 164%€11k▲ 223%
Net result€4k-€-5k€-4k▲ 8.3%€-4k▲ 17.6%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 223% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €153k
Fixed assets
€149k ▼ 7.0%
Current assets
€4k ▼ 56.1%
Key figures and ratios
EBITDA
€22k▲
2023 · €15k
Cash flow
€16k▲
2023 · €8k
Solvency
-4.6%▲
2023 · -7.2%
Current ratio
0.14▼
2023 · 0.26
Debt / equity
-22.93▼
2023 · -14.86
ROA
3.4%▲
2023 · -2.1%
Interest coverage
3.72▲
2023 · 2.15
Debt
€160k▼
2023 · €182k
Debt ≤ 1 year
€31k▼
2023 · €36k
Debt > 1 year
€129k▼
2023 · €145k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€169k€153k▼
Fixed assets21/28€160k€149k▼
Tangible fixed assets22/27€160k€149k▼
Land and buildings22€160k€149k▼
Plant, machinery and equipment23€103-
Current assets29/58€10k€4k▼
Amounts receivable within one year40/41€8k€2k▼
Trade receivables40€8k€2k▼
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€169k€153k▼
Equity10/15€-12k€-7k▲
Contributions10/11€6k€6k=
Reserves13€116-
Non-distributable reserves130/1€116-
Reserves not available under the articles1311€116-
Profit (loss) carried forward14€-19k€-13k▲
Amounts payable17/49€182k€160k▼
Amounts payable after more than one year17€145k€129k▼
Financial debts170/4€145k€129k▼
Amounts payable within one year42/48€36k€31k▼
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€19k€11k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€17k€24k▲
Operating profit (loss)9901€3k€11k▲
Financial income75/76B-€411
Recurring financial income75-€411
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-4k€5k▲
Profit (loss) for the period9904€-4k€5k▲
Profit (loss) for the period to be appropriated9905€-4k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-13k▲
Profit (loss) brought forward from the previous period14P€-15k€-19k▼
Transfer from equity791/2-€115
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
14-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB 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, Destelbergen · 1 establishment unit since 2012
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.
Schaessestraat 15/A9070 DestelbergenGround area
5,598 m²
Building footprint
1,976 m²
Volume, LiDAR
9,311 m³
Parcel 44013B0026/00P000, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GREEN TECHNIQUES BVBA
since 20122.209.062.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0026/00P000 | Flanders | 5,598 m² | 1 · 1,976 m² | 8.7 m · 1 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.
Similar companies · same sector, comparable size
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BE 1001.272.107
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BE 1026.609.101
Machelen (Brab.) · Eq €219
B.V. ELEC
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Grez-Doiceau · Eq €218
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2012
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
41001General construction of residential buildings
41003General construction of other non-residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.