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GREEN WORLD

Active
Private limited companyfounded 20224 yrs activeOmmegangstraat 50, 9240 Zele, BelgiumKBO/BCE: BE 0784.932.017
Summary

GREEN WORLD has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €5k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
42 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+1
Solvency34▼-5
Growth52=
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 0.83 in 2024; short-term debt: 90.9% and cash: 2% of total assets), and 90.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
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 2025
Solvency, return and age of the figures
Solvency
9.1%
Return on assets
2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 174 sector peers (2025).
NBB · sector comparison
Position among 174 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 filings
Deviation from the deadline
2025
24 d late
2024
28 d late
2023
50 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€21k▲ 27.5%
2024 · €17k
2023: €16k 2024: €17k
2023 → 2025
Total assets
€231k▲ 94.2%
2024 · €119k
2023: €55k 2024: €119k
2023 → 2025
Net result
€5k▲ 401%
2024 · €905
2023: €6k 2024: €905
2023 → 2025
Working capital
€-6k▲ 63.8%
2024 · €-18k
2023: €-18k 2024: €-18k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€16k-€17k▲ 5.8%€21k▲ 27.5%
Operating result€11k-€3k▼ 75.5%€12k▲ 371%
Net result€6k-€905▼ 83.8%€5k▲ 401%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10kOperating result 2023: €11k€11kNet result 2023: €6k€6kOperating result 2024: €3k€3kNet result 2024: €905€905Operating result 2025: €12k€12kNet result 2025: €5k€5k202320242025€0€5k€10kOperating result 2023: €11k€11kNet result 2023: €6k€5.6kOperating result 2024: €3k€2.6kNet result 2024: €905€905Operating result 2025: €12k€12kNet result 2025: €5k€4.5k202320242025
The operating result recovers in 2025; 2025 is 371% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets €27k ▼ 19.7%
Current assets €203k ▲ 140%
Equity and liabilities €231k
Equity €21k ▲ 27.5%
Debt €209k ▲ 105%
Debt's share of the balance-sheet total rises from 86.1% to 90.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28k
2024 · €17k
Cash flow
€21k
2024 · €15k
Current ratio
0.97
2024 · 0.83
Debt to equity
9.95
2024 · 6.19
ROE
21.5%
2024 · 5.5%
ROA
2.0%
2024 · 0.8%
Interest coverage
64.93
2024 · 21.85
Debt ≤ 1 year
€209k
2024 · €102k
Income taxes
€7k
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€119k€231k
Fixed assets21/28€34k€27k
Tangible fixed assets22/27€34k€27k
Plant, machinery and equipment23€1k€747
Furniture and vehicles24€33k€27k
Current assets29/58€85k€203k
Amounts receivable within one year40/41€69k€192k
Trade receivables40€58k€189k
Other amounts receivable41€12k€3k
Cash at bank and in hand54/58€10k€5k
Deferred charges and accrued income490/1€5k€6k
Equity and liabilities
Total equity and liabilities10/49€119k€231k
Equity10/15€17k€21k
Contributions10/11€10k€10k=
Profit (loss) carried forward14€7k€11k
Amounts payable17/49€102k€209k
Amounts payable within one year42/48€102k€209k
Trade debts44€13k€72k
Suppliers440/4€13k€72k
Advances received on contracts in progress46€8k€14k
Taxes, remuneration and social security45€7k€8k
Taxes450/3€7k€8k
Other amounts payable47/48€74k€115k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€779€931
Other operating charges640/8€2k€2k
Gross operating margin9900€19k€31k
Operating profit (loss)9901€3k€12k
Financial income75/76B€133€8
Recurring financial income75€133€8
Financial charges65/66B€763€436
Recurring financial charges65€763€436
Profit (loss) for the period before taxes9903€2k€12k
Income taxes67/77€1k€7k
Profit (loss) for the period9904€905€5k
Profit (loss) for the period to be appropriated9905€905€5k
Appropriation of the result
Profit (loss) to be appropriated9906€7k€11k
Profit (loss) brought forward from the previous period14P€6k€7k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Weakest financial yearnet €905 ▼83.8%
Net result drops to €905, the lowest in the series; recovery starts the following year.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Zele · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Ommegangstraat 509240 Zele
Ground area
327 m²
Building footprint
87 m²
Volume, LiDAR
475 m³
Parcel 42402C2006/00M000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GREEN WORLD
Ommegangstraat 50, 9240 ZeleWaste collection, recovery and disposal activities
since 20222.330.283.953
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42402C2006/00M000 Flanders 327 m² 1 · 86 m² 9.1 m · 2 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

Of 279 companies in sector 38330 we hold annual accounts for 240. 43 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
38330Waste collection, recovery and disposal activities
38110Waste collection, recovery and disposal activities
38120Waste collection, recovery and disposal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.