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GREEN4POWER

Active
Public limited companyfounded 20169 years activeAvenue Maurice-Destenay 13, 4000 Liège, BelgiumKBO/BCE: BE 0666.984.074
Summary

GREEN4POWER has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.4m and a net result of €344,998. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 342 sector peers (NACE 35, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Production of electricity from non-renewable sources
NACE 35110
#5 company by total assets in Liège, Energy sector1 site
Size
€13.0mturnover 2025
Equity
€9.4m
Profit
€344,998
Financial health
90 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Parent
Green for Power Holdco · 100%
Holdings
4
Accounts filed 10 days late0 of 15 deeds read
Why 90- Liquidity: current ratio 0.52, cash €2.2m- Equity €9.4m (11.7% of total assets)+ Size: turnover €13.0m, total assets €80.1m+ Figures for FY 2025 (filed 10-08-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 35, large)
Financial strength · tick = 2024
Average
Solvency 37+2
equity 11.7% of total assets
Liquidity 52+4
short-term debt 12.5% · cash 2.7%
Profitability 73+4
return on assets 0.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (54 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €800,000 at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.47 in 2024; short-term debt: 12.5% and cash: 2.7% of total assets), and 88.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, large): better than 35% on solvency, 57% on liquidity, 59% on profitability and 72% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €13.0m, total assets €80.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.52, cash €2.2m
NBB · annual accounts
raises risk · Equity €9.4m (11.7% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 10-08-2026)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 9 filings
Deviation from the deadline
2025
10 days late
2024
17 days early
2023
8 days early
2022
7 days early
2021
9 days late
2020
94 days early
2019
112 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

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. Usually files around 24 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. General meeting · DeclarationMerger · Accounting effect
  3. General meeting · Other statementMerger · Accounting effect

Key points

  • Positive: Back in profit in 2025after -€377,393 in 2024 €344,998 View
  • Positive: Company by total assets in Liège, Energy sectorin the Checked rankings #5 View
  • Controlled by Green for Power Holdcoknown shareholders 100% 100% View

By topic

Financials

Fiscal year
2025
Turnover
€13.0m
Profit
€344,998
Solvency
11.7%
Turnover▲ 16.8%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2025Back to profit
  2. 14-07-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Production of electricity from non-renewable sourcesNACE 35110
Founded
06-12-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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