Green Ventures
ActiveGreen Ventures has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.71M and a net result of €242k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 138 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+18
Solvency100▲+28
Growth42=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 6.19 against 2.4 in 2023; short-term debt: 3.5% and cash: 19.8% of total assets), and 3.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 27
Relative position
BE, all sectors
reference
Sector 27
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 2024Solvency, return and age of the figures
Solvency
96.5%
Return on assets
13.6%
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
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
58 d early
2022
66 d early
2021
54 d early
2020
73 d early
2019
53 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€591k▼ 3.8%
2018 · €615k
2018: €615k
2018 → 2019
EBIT margin
54.7%▼ 5.6pp
2018 · 60.3%
2018: 60.3%
2018 → 2019
Net result
€242k▲ 13.4%
2023 · €213k
2018: €284k
2019: €123k
2020: €176k
2021: €179k
2022: €282k
2023: €213k
2018 → 2024
Working capital
€325k▼ 63.3%
2023 · €886k
2018: €1.21M
2019: €1.01M
2020: €949k
2021: €1.13M
2022: €940k
2023: €886k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€793k-€973k▲ 22.6%€1.25M▲ 29.0%€1.47M▲ 17.0%€1.71M▲ 16.5%
Operating result€321k-€323k▲ 0.8%€452k▲ 39.9%€384k▼ 15.0%€270k▼ 29.9%
Net result€176k-€179k▲ 1.7%€282k▲ 57.1%€213k▼ 24.2%€242k▲ 13.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 30% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.77M
Fixed assets
€1.39M▼ 14.4%
Current assets
€387k▼ 74.5%
Equity and liabilities €1.77M
Equity
€1.71M▲ 16.5%
Debt
€63k▼ 96.2%
The debt ratio falls from 53.2% to 3.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€419k▼
2023 · €534k
Cash flow
€391k▲
2023 · €363k
Solvency
96.5%▲
2023 · 46.8%
Current ratio
6.19▲
2023 · 2.40
Quick ratio
6.19▲
2023 · 2.40
Debt / equity
0.04▼
2023 · 1.14
ROE
14.2%▼
2023 · 14.5%
ROA
13.6%▲
2023 · 6.8%
Interest coverage
5.93▲
2023 · 4.83
Debt
€63k▼
2023 · €1.67M
Debt ≤ 1 year
€63k▼
2023 · €632k
Income taxes
€113k▲
2023 · €106k
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€3.14M€1.77M▼
Fixed assets21/28€1.62M€1.39M▼
Tangible fixed assets22/27€1.31M€1.16M▼
Plant, machinery and equipment23€1.31M€1.16M▼
Financial fixed assets28€311k€227k▼
Current assets29/58€1.52M€387k▼
Amounts receivable within one year40/41€47k€29k▼
Trade receivables40€47k€29k▼
Current investments50/53€1.10M-
Cash at bank and in hand54/58€364k€352k▼
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€3.14M€1.77M▼
Equity10/15€1.47M€1.71M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€220k€462k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€213k€455k▲
Profit (loss) carried forward14€1.19M€1.19M=
Amounts payable17/49€1.67M€63k▼
Amounts payable after more than one year17€1.02M-
Financial debts170/4€1.02M-
Amounts payable within one year42/48€632k€63k▼
Current portion of amounts payable after more than one year42€582k€15k▼
Trade debts44€7k€7k▼
Suppliers440/4€7k€7k▼
Taxes, remuneration and social security45€43k€41k▼
Taxes450/3€43k€41k▼
Accrued charges and deferred income492/3€21k€379▼
Income statement
Code20232024
Non-recurring operating income76A€28k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149k€149k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€535k€420k▼
Operating profit (loss)9901€384k€270k▼
Financial income75/76B€46k€157k▲
Recurring financial income75€46k€47k▲
Non-recurring financial income76B-€109k
Financial charges65/66B€111k€71k▼
Recurring financial charges65€111k€71k▼
Profit (loss) for the period before taxes9903€320k€355k▲
Income taxes67/77€106k€113k▲
Profit (loss) for the period9904€213k€242k▲
Profit (loss) for the period to be appropriated9905€213k€242k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.40M€1.43M▲
Profit (loss) brought forward from the previous period14P€1.19M€1.19M=
Transfer to equity691/2€213k€242k▲
To other reserves6921€213k€242k▲
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
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 6.19
Current ratio from 2.40 to 6.19; short-term debt falls from €632k to €63k.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.25M ▲29%
5 profitable years in a row build equity to €1.25M.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 7.63
Current ratio from 3.23 to 7.63; short-term debt falls from €426k to €170k.
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €123k ▼56.7%
Net result drops to €123k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €617k ▲24.9%
2 profitable years in a row build equity to €617k.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Lille · 1 establishment unit since 2011
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.
Achterstenhoek 52275 LilleGround area
7,570 m²
Building footprint
2,861 m²
Volume, LiDAR
22,242 m³
Parcel 13019D0119/00A000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Green Ventures
since 20112.204.975.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13019D0119/00A000 | Flanders | 7,570 m² | 1 · 2,861 m² | 10.2 m · 3 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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Traxial
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Of 262 companies in sector 27110 we hold annual accounts for 173. 92 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-11-2011
Fiscal year end31-12
Activities, NACEBEL
27110Manufacture of electrical equipment
28210Manufacture of machinery and equipment not elsewhere classified
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Business parks
1 parkOffers a parcel on business park:Achterste Hoek