Green Urban Projects
ActiveThe file of Green Urban Projects contains 1 historical bankruptcy publication and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 4.8% (elevated). The 2024 annual accounts show negative equity (€-229k) and a net result of €-29k. Equity is shrinking by ~42% per year across the filed fiscal years.
Checked score
Score 2024
21
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▲+2
Solvency7▼-3
Growth32=
Track record77
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.47 in 2023; short-term debt: 84% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-17.8%
Return on assets
-2.3%
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-229k
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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
196 d late
2023
460 d late
2022
471 d late
2021
8 d late
2020
17 d early
2019
41 d early
← before the deadline
after the deadline →
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 publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€-229k▼ 14.5%
2023 · €-200k
2018: €192k
2019: €194k
2020: €94k
2021: €-39k
2022: €-172k
2023: €-200k
2018 → 2024
Total assets
€1.28M▼ 2.1%
2023 · €1.31M
2018: €1.87M
2019: €1.68M
2020: €1.54M
2021: €1.40M
2022: €1.35M
2023: €1.31M
2018 → 2024
Net result
€-29k▼ 3.9%
2023 · €-28k
2018: €79k
2019: €1k
2020: €-100k
2021: €-133k
2022: €-133k
2023: €-28k
2018 → 2024
Working capital
€-934k▼ 572%
2023 · €-139k
2018: €27k
2019: €79k
2020: €31k
2021: €-55k
2022: €-159k
2023: €-139k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€94k-€-39k€-172k▼ 342%€-200k▼ 16.2%€-229k▼ 14.5%
Operating result€-71k-€-107k▼ 50.8%€-102k▲ 5.3%€49k€15k▼ 70.4%
Net result€-100k-€-133k▼ 33.2%€-133k▼ 0.2%€-28k▲ 79.0%€-29k▼ 3.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 70% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.28M
Fixed assets
€1.14M▼ 4.1%
Current assets
€145k▲ 18.0%
Key figures and ratios
EBITDA
€70k▼
2023 · €104k
Cash flow
€26k▼
2023 · €27k
Solvency
-17.8%▼
2023 · -15.2%
Current ratio
0.13▼
2023 · 0.47
Quick ratio
0.09▼
2023 · 0.27
Debt / equity
-6.61▲
2023 · -7.56
ROA
-2.3%▼
2023 · -2.1%
Interest coverage
1.53▲
2023 · 1.34
Debt
€1.51M▲
2023 · €1.51M
Debt ≤ 1 year
€1.08M▲
2023 · €262k
Debt > 1 year
€435k▼
2023 · €1.25M
Staff costs
€40k▲
2023 · €14k
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
Balance sheet
Code20232024
Assets
Total assets20/58€1.31M€1.28M▼
Fixed assets21/28€1.19M€1.14M▼
Tangible fixed assets22/27€1.19M€1.13M▼
Land and buildings22€1.17M€1.12M▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€12k€12k▼
Financial fixed assets28€62€5k▲
Current assets29/58€123k€145k▲
Stocks and contracts in progress3€52k€52k=
Stocks30/36€52k€52k=
Amounts receivable within one year40/41€69k€90k▲
Trade receivables40€173€0▼
Other amounts receivable41€69k€90k▲
Cash at bank and in hand54/58€823€3k▲
Deferred charges and accrued income490/1€865€367▼
Equity and liabilities
Total equity and liabilities10/49€1.31M€1.28M▼
Equity10/15€-200k€-229k▼
Contributions10/11€160k€160k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-362k€-391k▼
Amounts payable17/49€1.51M€1.51M▲
Amounts payable after more than one year17€1.25M€435k▼
Financial debts170/4€1.25M€435k▼
Amounts payable within one year42/48€262k€1.08M▲
Financial debts43€0€2k▲
Credit institutions430/8€0€2k▲
Trade debts44€56k€6k▼
Suppliers440/4€56k€6k▼
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€3k€9k▲
Other amounts payable47/48€202k€1.06M▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€14k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€55k▲
Other operating charges640/8€544€12k▲
Gross operating margin9900€118k€122k▲
Operating profit (loss)9901€49k€15k▼
Financial income75/76B€259€2k▲
Recurring financial income75€259€2k▲
Financial charges65/66B€77k€45k▼
Recurring financial charges65€77k€45k▼
Profit (loss) for the period before taxes9903€-28k€-29k▼
Profit (loss) for the period9904€-28k€-29k▼
Profit (loss) for the period to be appropriated9905€-28k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-362k€-391k▼
Profit (loss) brought forward from the previous period14P€-334k€-362k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 196 days late
30-01
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Gent, afdeling Gent · van: GREEN URBAN PROJECTS BV- PREDIKHERENLEI 2, 9000 GENT
2025
03-11
KBO administration
Address struck
Predikherenlei 2 9000 Die Sitzadresse Predikherenlei 2 9000 Gent
Gent · event 05-08-2025
03-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 460 days late
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 471 days late
2022
31-12
Financial
Weakest financial yearnet €-133k
Net result drops to €-133k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Ground area
456 m²
Building footprint
259 m²
Volume, LiDAR
3,251 m³
Parcel 44803C0134/00R000, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0134/00R000 | Flanders | 456 m² | 1 · 259 m² | 16.3 m · 4 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2013
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.