Checked.be · Company dossierhttps://checked.be/en/c/green-world-group-0430890628 · as of 13-10-2026
GREEN WORLD GROUP
Active
Private limited company (pre-2019) · founded 1987 · active 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).
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0
equity -131.9% of total assets
Liquidity50
short-term debt 231.9% · cash 74.4%
Profitability0
return on assets -116.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 4.1%lowest value12-2024: 4.1%● unchanged vs 11-2024lowest value01-2025: 4.1%● unchanged vs 12-2024lowest value02-2025: 4.1%● unchanged vs 01-2025lowest value03-2025: 4.1%● unchanged vs 02-2025lowest value04-2025: 4.1%● unchanged vs 03-2025lowest value05-2025: 7.5%▲ +3.4 percentage points vs 04-2025highest value06-2025: 7.5%● unchanged vs 05-2025highest value07-2025: 7.5%● unchanged vs 06-2025highest value08-2025: 7.5%● unchanged vs 07-2025highest value09-2025: 7.5%● unchanged vs 08-2025highest value10-2025: 7.5%● unchanged vs 09-2025highest value11-2025: 7.5%● unchanged vs 10-2025highest value12-2025: 7.5%● unchanged vs 11-2025highest value01-2026: 7.5%● unchanged vs 12-2025highest value02-2026: 7.5%● unchanged vs 01-2026highest value03-2026: 7.5%● unchanged vs 02-2026highest value04-2026: 7.5%● unchanged vs 03-2026highest value05-2026: 7.5%● unchanged vs 04-2026highest value06-2026: 7.5%● unchanged vs 05-2026highest value07-2026: 7.5%● unchanged vs 06-2026highest value08-2026: 7.5%● unchanged vs 07-2026highest value09-2026: 7.5%● unchanged vs 08-2026highest value10-2026: 7.5%● unchanged vs 09-2026highest value
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.
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.