GREEN TECHS
ActiveThe file of GREEN TECHS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.4% (moderate). The 2025 annual accounts show equity of €55k and a net result of €2k. Equity is shrinking by ~81.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 50% of 27711 sector peers (fiscal year 2025).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▲+34
Solvency72▲+13
Growth32=
Track record79
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.84 against 1.43 in 2024; short-term debt: 52.7% and cash: 2.9% of total assets), but 52.7% 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
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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.3%
Return on assets
1.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-08-2026, 9 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 · 3 filingsDeviation from the deadline
2025
9 d late
2024
28 d late
2023
9 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 3.1%
2024 · €53k
2023: €144k
2024: €53k
2023 → 2025
Total assets
€116k▼ 25.3%
2024 · €155k
2023: €302k
2024: €155k
2023 → 2025
Net result
€2k
2024 · €-91k
2023: €139k
2024: €-91k
2023 → 2025
Working capital
€51k▲ 16.9%
2024 · €44k
2023: €135k
2024: €44k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€144k-€53k▼ 63.2%€55k▲ 3.1%
Operating result€182k-€-89k€6k
Net result€139k-€-91k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €89k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€4k▼ 60.8%
Current assets
€112k▼ 23.0%
Equity and liabilities €116k
Equity
€55k▲ 3.1%
Debt
€61k▼ 40.1%
The debt ratio falls from 65.7% to 52.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▲
2024 · €-83k
Cash flow
€7k▲
2024 · €-85k
Solvency
47.3%▲
2024 · 34.3%
Current ratio
1.84▲
2024 · 1.43
Quick ratio
1.84▲
2024 · 1.43
Debt / equity
1.12▼
2024 · 1.92
ROE
3.0%▲
2024 · -172.0%
ROA
1.4%▲
2024 · -58.9%
Interest coverage
1.62▲
2024 · -12.09
Debt
€61k▼
2024 · €102k
Debt ≤ 1 year
€61k▼
2024 · €102k
Income taxes
€267▼
2024 · €474
Staff costs
€0▼
2024 · €51k
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€155k€116k▼
Fixed assets21/28€9k€4k▼
Tangible fixed assets22/27€8k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€906▼
Leasing and similar rights25€5k€0▼
Financial fixed assets28€1k€1k=
Current assets29/58€145k€112k▼
Amounts receivable within one year40/41€141k€105k▼
Trade receivables40€78k€68k▼
Other amounts receivable41€63k€37k▼
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€155k€116k▼
Equity10/15€53k€55k▲
Contributions10/11€5k€5k=
Reserves13€48k€48k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14-€2k
Amounts payable17/49€102k€61k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€102k€61k▼
Current portion of amounts payable after more than one year42€4k€0▼
Trade debts44€48k€38k▼
Suppliers440/4€48k€38k▼
Taxes, remuneration and social security45€50k€23k▼
Taxes450/3€45k€22k▼
Remuneration and social security454/9€5k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€51k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-30k€17k▲
Operating profit (loss)9901€-89k€6k▲
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€-91k€2k▲
Income taxes67/77€474€267▼
Profit (loss) for the period9904€-91k€2k▲
Profit (loss) for the period to be appropriated9905€-91k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€2k▲
Transfer from equity791/2€91k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (7 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
09-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
07-05
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · GREEN TECHS BV BERENSHOEVEWEG(M) 10, 3630 MAASMECHELEN · event 30-04-2026
18-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · GREEN TECHS BV BERENS- HOEVEWEG(M) 10, 3630 MAASMECHELEN · event 12-03-2026
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-91k ▼166%
Net result drops to €-91k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Maasmechelen · 1 establishment unit since 2022
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.
Berenshoeveweg(M) 103630 MaasmechelenGround area
1,515 m²
Building footprint
196 m²
Volume, LiDAR
935 m³
Parcel 73048C0241/00K000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HL Elektro
since 20222.339.163.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048C0241/00K000 | Flanders | 1,515 m² | 1 · 196 m² | 10.1 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN STATIONSSTRAAT 108,
3400 LANDEN |
12-03-2026 → present |
| Curator | WINNY
TIRMARCHE STATIONSSTRAAT 108A 108, 3400 LANDEN- |
12-03-2026 → present |
Similar companies · same sector, comparable size
DAW ELEC
BE 1001.819.760
Wemmel · Eq €55k
LUMYTEC
BE 0740.733.867
Courcelles · Eq €55k
WE BUILD COMPANY
BE 0782.995.084
Ukkel · Eq €55k
KDH TECHNICS
BE 0754.457.387
Beveren-Kruibeke-Zwijndrecht · Eq €55k
IMALAYA
BE 0563.971.064
Antwerpen · Eq €55k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.