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GREEN WORLD GROUP

Active
Private limited company (pre-2019)founded 1987active for 39 yearsRoute des Lacs(Cer) 1, 5630 Cerfontaine, BelgiumKBO/BCE: BE 0430.890.628
Summary

The computed 12-month bankruptcy probability of GREEN WORLD GROUP is 7.5% (elevated). The 2019 annual accounts show negative equity (-€57,065) and a net result of -€50,273. The company has been active since 1987 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Cutting, shaping and finishing of stone
NACE 23700
1 site
Size
€43,256total assets 2019
Staff
1 FTE
Equity
-€57,065
Loss
-€50,273
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
7.5%
2019 figures too old to score
Structure
Accounts 1900 days overdue0 of 4 deeds read
Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 69 days late; 2 of the last 3 lateFigures for financial year 2019 (filed 15-10-2020)Loss of €50,273 (financial year 2019)Administrative warnings in the KBO publicationslowers riskSector: Manufacture of other non-metallic mineral products (NACE 23)neutralNo filing for yearsFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019
Weak
Solvency 0
equity -131.9% of total assets
Liquidity 50
short-term debt 231.9% · cash 74.4%
Profitability 0
return on assets -116.2%
Bankruptcy probability, 12 months
7.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (857 companies, NACE 23, micro)
Last 24 months 11-2024: 4.1%lowest value 12-2024: 4.1%● unchanged vs 11-2024lowest value 01-2025: 4.1%● unchanged vs 12-2024lowest value 02-2025: 4.1%● unchanged vs 01-2025lowest value 03-2025: 4.1%● unchanged vs 02-2025lowest value 04-2025: 4.1%● unchanged vs 03-2025lowest value 05-2025: 7.5%▲ +3.4 percentage points vs 04-2025highest value 06-2025: 7.5%● unchanged vs 05-2025highest value 07-2025: 7.5%● unchanged vs 06-2025highest value 08-2025: 7.5%● unchanged vs 07-2025highest value 09-2025: 7.5%● unchanged vs 08-2025highest value 10-2025: 7.5%● unchanged vs 09-2025highest value 11-2025: 7.5%● unchanged vs 10-2025highest value 12-2025: 7.5%● unchanged vs 11-2025highest value 01-2026: 7.5%● unchanged vs 12-2025highest value 02-2026: 7.5%● unchanged vs 01-2026highest value 03-2026: 7.5%● unchanged vs 02-2026highest value 04-2026: 7.5%● unchanged vs 03-2026highest value 05-2026: 7.5%● unchanged vs 04-2026highest value 06-2026: 7.5%● unchanged vs 05-2026highest value 07-2026: 7.5%● unchanged vs 06-2026highest value 08-2026: 7.5%● unchanged vs 07-2026highest value 09-2026: 7.5%● unchanged vs 08-2026highest value 10-2026: 7.5%● unchanged vs 09-2026highest value
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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 3 financial years not filed after the legal deadline; latest accounts 69 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
raises risk · Figures for financial year 2019 (filed 15-10-2020)
NBB · annual accounts
raises risk · Loss of €50,273 (financial year 2019)
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 year end31-07-2021 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 08-10-2020, 69 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 69 days after the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% of those companies filed 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
Late accounts filing
  1. Late accounts filingevent 19-03-2025
  2. Annual accounts filedfinancial year 2019 · micro…
  3. Annual accounts filedfinancial year 2017 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2021 1900 days late View
  • Risk: Negative equityfinancial year 2019: debts exceed assets -€57,065 View
  • Active since 1987founded 07-04-1987 39 years View

By topic

Financials

Financial year
2019
Total assets
€43,256
Loss
-€50,273
Solvency
-131.9%
Go to Financials

Timeline

Events
32
Since
1989
  1. 23-08-2017Annual accounts filed
  2. 19-08-2016Annual accounts filed
  3. 20-08-2015Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Cutting, shaping and finishing of stoneNACE 23700
Founded
07-04-1987
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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