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Complete company report
Generated 04-09-2026
Active BE 0801.229.896Private limited company

GREEN WINDOWS

Rue Seutin 2 ·1400 Nivelles, Belgium· 3 yrs active
Sector: Manufacture of other builders' carpentry and joinery (16230)
Conclusion Checked

The computed 12-month bankruptcy probability of GREEN WINDOWS is 1.6% (moderate). The 2025 annual accounts show equity of €202k and a net result of €88k. Its solvency ranks better than 41% of 53 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €202k
Net result €88k
Better than sector 41%
Active 3 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health81Profitability100Solvency65Growth52Stability94
78 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 81
Profitability 100
Solvency 65
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.6% Moderate
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
81 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€16k
estimate, not credit advice
Score history
93 2024
81 2025
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 1.47 (≥ 1.0) +5
Quick ratio Quick ratio 1.47 (≥ 1.0) +5
Leverage Debt/equity 1.87 (< 2.0) +3
Profitability ROE 44% (≥ 10%) +10
Interest coverage Interest coverage 79.2× (≥ 3×) +8
Profit trend Net profit down YoY -3
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 16-12-2025 with the NBB · fiscal year 2025 · micro schema
€0€50k€100k€150kOperating result 2024: €140k€140kNet result 2024: €111k€111kOperating result 2025: €104k€104kNet result 2025: €88k€88k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 34.9% 43.9%
better than 41% of 53 sector peers
Net result €88k €17k
better than 91% of 52 sector peers
Equity €202k €46k
better than 93% of 53 sector peers
Gross operating margin €138k €43k
better than 84% of 52 sector peers
Total assets €578k €123k
better than 95% of 53 sector peers
EBITDA
€109k
-22.8% 24-25
Net profit
€88k
-20.5% 24-25
Cash flow
€93k
-17.3% 24-25
Total assets
€578k
+156.3% 24-25
Equity
€202k
+77.4% 24-25
Working capital
€176k
+64.2% 24-25
Staff costs
€22k
- 24-25
Income taxes
€25k
-18.2% 24-25
Debt
€376k
+236.7% 24-25
Debt ≤ 1y
€375k
+235.7% 24-25
Current ratio
1.47
-25.0% 24-25
Quick ratio
1.47
-25.0% 24-25
Solvency
34.9%
-30.8% 24-25
Debt / equity
1.87
+89.8% 24-25
ROE
43.6%
-55.2% 24-25
ROA
15.2%
-69.0% 24-25
Interest coverage
79.16
-74.7% 24-25
Figures by fiscal year and ratios
Fiscal year20252024
Depositmicro schemamicro schema
Revenue--
EBITDA€109k€142k
Net profit€88k€111k
Cash flow€93k€112k
Staff costs€22k-
Income taxes€25k€31k
Dividends--
Total assets€578k€225k
Equity€202k€114k
Debt€376k€112k
of which ≤ 1y€375k€112k
of which > 1y--
Working capital€176k€107k
Employees (FTE)--
Ratios (computed)
20252024
Current ratio1.471.96
Quick ratio1.471.96
Working capital ratio30.5%47.6%
Solvency34.9%50.4%
Debt / equity1.870.98
Long-term debt ratio--
Interest coverage79.16312.35
Gross margin--
Net margin--
ROA15.2%49.1%
ROE43.6%97.4%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20252024
Balance sheet, Assets
TOTAL ASSETS 20/58€578k€225k
Fixed assets 21/28€27k€6k
Intangible fixed assets 21€2k€3k
Tangible fixed assets 22/27€23k€4k
Financial fixed assets 28€2k-
Current assets 29/58€551k€219k
Amounts receivable within one year 40/41€509k€214k
Cash & bank 54/58€2k€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€578k€225k
Equity 10/15€202k€114k
Contributions / capital 10/11€3k€3k
Reserves 13€195k€110k
Accumulated profits (losses) 14€4k€663
Amounts payable 17/49€376k€112k
Amounts payable within one year 42/48€375k€112k
Trade debts payable within one year 44€298k€76k
Income statement
Gross operating margin 9900€138k€142k
Operating result 9901€104k€140k
Financial income 75€10k€2k
Financial charges 65€1k€453
Result before taxes 9903€113k€142k
Income taxes 67/77€25k€31k
Net result for the period 9904€88k€111k
Result to be appropriated 9905€88k€111k
Legal Structure
NACE primary Manufacture of other builders' carpentry and joinery(16230)
Legal form Private limited company(610)
Incorporation27-04-2023
StatusActive
Postal code1400
Establishment units 1 location
GREEN WINDOWS
Rue Seutin 2, 1400 NivellesManufacture of other builders' carpentry and joinery
since 20232.345.431.591
Real-estate footprint Source: CBE × cadastre
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25782D0267/00C002 Wallonia 353 m² 1 · 123 m² -
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.
Updates 2 events
Next filing, fiscal year 2026, expected by 30-11-2026
2025
16-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
30-04
Financial Equity above €200kEq €202k ▲77.4%
2 profitable years in a row build equity to €202k.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Manufacture of other builders' carpentry and joinery16230Joinery installation43320Manufacture of fabricated metal products, except machinery and equipment25120Plastering work43310
Names & trade names
Legal nameFR GREEN WINDOWS
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative