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Green Urban Projects

Active
Private limited companyfounded 2013active for 13 yearsKBO/BCE: BE 0524.709.028
Summary

The computed 12-month bankruptcy probability of Green Urban Projects is 15.7% (high). The 2024 annual accounts show negative equity (-€228,994) and a net result of -€29,004. Equity is shrinking by about 42% per year across the filed financial years. The company has been active since 2013 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known
Size
€1.3mtotal assets 2024
Staff
1 FTE
Equity
-€228,994
Loss
-€29,004
Turnover not published (abbreviated or micro format)
Financial health
14 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
15.7%
Structure
Accounts 74 days overdue0 of 5 deeds read
Why 14raises risk1 financial year not filed after the legal deadline; latest accounts 196 days late; 3 of the last 3 lateLiquidity: current ratio 0.13, cash €2,969Figures for financial year 2024 (filed 15-02-2026)lowers riskSize: total assets €1.3mShow the evidence

Checked score

Score 2024
14 / 100
Critical
Probability in this band: over 15.0%
Financially better than 15% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 7-3
equity -17.8% of total assets
Liquidity 4-40
short-term debt 84.0% · cash 0.2%
Profitability 29+2
return on assets -2.3%
Bankruptcy probability, 12 months
15.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 8.9% 12-2024: 7.9%▼ -1.0 percentage point vs 11-2024lowest value 01-2025: 9.7%▲ +1.8 percentage points vs 12-2024 02-2025: 9.7%● unchanged vs 01-2025 03-2025: 9.8%▲ +0.1 percentage points vs 02-2025 04-2025: 9.4%▼ -0.4 percentage points vs 03-2025 05-2025: 9.4%● unchanged vs 04-2025 06-2025: 9.4%● unchanged vs 05-2025 07-2025: 10.9%▲ +1.5 percentage points vs 06-2025 08-2025: 11.7%▲ +0.8 percentage points vs 07-2025 09-2025: 11.7%● unchanged vs 08-2025 10-2025: 11.7%● unchanged vs 09-2025 11-2025: 11.7%● unchanged vs 10-2025 12-2025: 21.7%▲ +10.0 percentage points vs 11-2025 01-2026: ≥ 25%▲ +3.4 percentage points vs 12-2025highest value 02-2026: ≥ 25%● unchanged vs 01-2026highest value 03-2026: 10.1%▼ -15.0 percentage points vs 02-2026 04-2026: 9.6%▼ -0.5 percentage points vs 03-2026 05-2026: 9.7%▲ +0.1 percentage points vs 04-2026 06-2026: 10.1%▲ +0.4 percentage points vs 05-2026 07-2026: 9.8%▼ -0.3 percentage points vs 06-2026 08-2026: 11.6%▲ +1.8 percentage points vs 07-2026 09-2026: 12.6%▲ +1.0 percentage point vs 08-2026 10-2026: 15.7%▲ +3.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.13, compared with 0.47 in 2023, below 1; short-term debt: 84% and cash: 0.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 10% on solvency, 7% on liquidity, 20% on profitability and 21% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 196 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €1.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.13, cash €2,969
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 15-02-2026)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€228,994
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-02-2026, 196 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
196 days late
2023
460 days late
2022
471 days late
2021
8 days late
2020
17 days early
2019
41 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 180 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Judicial dissolution and immediate closureEnterprise Court of Ghent, Ghent…
  3. Address struckPredikherenlei 2 9000 Die Sitzadresse…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€228,994 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€29,004 View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View

By topic

Financials

Financial year
2024
Total assets
€1.3m
Loss
-€29,004
Solvency
-17.8%
Total assets▼ 2.1%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2015
  1. 03-11-2025Annual accounts filed
  2. 13-11-2024Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Legal form
Private limited company
Founded
21-03-2013
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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