GREENBYTES
Dissolved and wound up on 06-03-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-04-2026 PDF all 15 filings
Equity
€502,603▼ 3.6%
2024 · €521,372
Total assets
€522,447▼ 7.3%
2024 · €563,844
Net result
-€18,770
2024 · €34,190
Working capital
€502,603▲ 3.1%
2024 · €487,357
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€28,379
2025
20182025
Net result
-€18,770
2025
20182025
Equity
€502,603
▼ 3.6%
2025
20182025
Total assets
€522,447
▼ 7.3%
2025
20182025
Debt
€19,845
▼ 53.3%
2025
20182025
Working capital
€502,603
▲ 3.1%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€48,495-€101,283▲ 109%€139,996▲ 38.2%€87,243▼ 37.7%€158,976▲ 82.2%€84,955▼ 46.6%€49,699▼ 41.5%-€28,379
Net result€31,810-€70,434▲ 121%€107,875▲ 53.2%€58,136▼ 46.1%€113,323▲ 94.9%€59,549▼ 47.5%€34,190▼ 42.6%-€18,770
Equity€164,718-€222,772▲ 35.2%€299,799▲ 34.6%€357,935▲ 19.4%€471,258▲ 31.7%€487,182▲ 3.4%€521,372▲ 7.0%€502,603▼ 3.6%
Total assets€276,530-€336,776▲ 21.8%€407,917▲ 21.1%€404,725▼ 0.8%€522,000▲ 29.0%€559,612▲ 7.2%€563,844▲ 0.8%€522,447▼ 7.3%
Debt€111,812-€114,004▲ 2.0%€108,119▼ 5.2%€46,790▼ 56.7%€50,742▲ 8.4%€72,430▲ 42.7%€42,472▼ 41.4%€19,845▼ 53.3%
Working capital€144,598-€207,871▲ 43.8%€275,319▲ 32.4%€304,097▲ 10.5%€401,334▲ 32.0%€435,658▲ 8.6%€487,357▲ 11.9%€502,603▲ 3.1%
The operating result for 2025 is a loss of €28,379, after a profit of €49,699 in 2024. It is the lowest result since 2018.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €522,447
Equity
€502,603 ▼ 3.6%
Debt
€19,845 ▼ 53.3%
Debt's share of the balance-sheet total falls from 7.5% to 3.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€28,379▼
2024 · €67,651
Cash flow
-€18,770▼
2024 · €52,143
Current ratio
26.33▲
2024 · 12.79
Debt to equity
0.04▼
2024 · 0.08
ROE
-3.7%▼
2024 · 6.6%
ROA
-3.6%▼
2024 · 6.1%
Interest coverage
-117.93▼
2024 · 49.18
Debt ≤ 1 year
€19,845▼
2024 · €41,321
Income taxes
€110▼
2024 · €14,855
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €44,407 | €28,782 | - | - | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €11,078 | €12,964 | €17,952 | €17,952 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,579 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,885 | €5,610 | €5,610 | €11,078 | €12,964 | €17,952 | €17,952 | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €794 | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,508 | €1,377 | €841 | €1,156 | €1,236 | ▲ 6.9% |
| Gross operating margin9900 | €61,280 | €105,517 | €146,760 | €99,829 | €174,111 | €103,748 | €68,807 | -€27,143 | - |
| Operating profit (loss)9901 | €48,495 | €101,283 | €139,996 | €87,243 | €158,976 | €84,955 | €49,699 | -€28,379 | - |
| Financial income75/76B | - | - | - | €611 | €2,037 | €297 | €722 | €9,960 | ▲ 14× |
| Recurring financial income75 | €447 | €505 | €888 | €611 | €2,037 | €297 | €722 | €9,960 | ▲ 14× |
| Financial charges65/66B | - | - | - | €1,689 | €1,523 | €1,846 | €1,375 | €241 | ▼ 82.5% |
| Recurring financial charges65 | €4,207 | €3,505 | €1,949 | €1,689 | €1,523 | €1,846 | €1,375 | €241 | ▼ 82.5% |
| Profit (loss) for the period before taxes9903 | €44,735 | €98,283 | €138,936 | €86,165 | €159,490 | €83,407 | €49,046 | -€18,660 | - |
| Income taxes67/77 | €12,925 | €27,850 | €31,060 | €28,028 | €46,166 | €23,857 | €14,855 | €110 | ▼ 99.3% |
| Profit (loss) for the period9904 | €31,810 | €70,434 | €107,875 | €58,136 | €113,323 | €59,549 | €34,190 | -€18,770 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €20,069 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €31,810 | €70,434 | €107,875 | €78,205 | €113,323 | €59,549 | €34,190 | -€18,770 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €276,530 | €336,776 | €407,917 | €404,725 | €522,000 | €559,612 | €563,844 | €522,447 | ▼ 7.3% |
| Fixed assets21/28 | €23,958 | €18,348 | €26,345 | €55,252 | €71,071 | €53,118 | €35,166 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €23,958 | €18,348 | €26,345 | €55,252 | €71,071 | €53,118 | €35,166 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €7,129 | €32,837 | €26,488 | €20,138 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €48,124 | €38,233 | €26,631 | €15,028 | €0 | ▼ 100% |
| Current assets29/58 | €252,572 | €318,428 | €381,572 | €349,472 | €450,929 | €506,494 | €528,678 | €522,447 | ▼ 1.2% |
| Stocks and contracts in progress3 | €23,106 | €12,500 | €17,278 | €20,138 | €24,719 | €14,249 | €17,756 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €20,138 | €24,719 | €14,249 | €17,756 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €58,094 | €64,375 | €52,878 | €45,930 | €72,992 | €52,071 | €42,969 | €206,530 | ▲ 381% |
| Trade receivables40 | - | - | - | €38,596 | €62,050 | €45,810 | €34,220 | €200,839 | ▲ 487% |
| Other amounts receivable41 | - | - | - | €7,335 | €10,942 | €6,261 | €8,749 | €5,691 | ▼ 35.0% |
| Current investments50/53 | €15,000 | €15,000 | €49,956 | €133,867 | €148,196 | €191,522 | €222,464 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €156,373 | €226,554 | €261,460 | €149,537 | €205,022 | €248,652 | €245,489 | €315,918 | ▲ 28.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €276,530 | €336,776 | €407,917 | €404,725 | €522,000 | €559,612 | €563,844 | €522,447 | ▼ 7.3% |
| Equity10/15 | €164,718 | €222,772 | €299,799 | €357,935 | €471,258 | €487,182 | €521,372 | €502,603 | ▼ 3.6% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €146,168 | €204,222 | €173,374 | €231,510 | €344,833 | €468,632 | €502,822 | €484,053 | ▼ 3.7% |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | - | - | - | - |
| Other1319 | - | - | - | - | - | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €229,655 | €342,978 | €468,632 | €502,822 | €484,053 | ▼ 3.7% |
| Profit (loss) carried forward14 | - | - | €107,875 | €107,875 | €107,875 | €0 | €0 | - | - |
| Amounts payable17/49 | €111,812 | €114,004 | €108,119 | €46,790 | €50,742 | €72,430 | €42,472 | €19,845 | ▼ 53.3% |
| Amounts payable within one year42/48 | €107,974 | €110,557 | €106,253 | €45,375 | €49,595 | €70,836 | €41,321 | €19,845 | ▼ 52.0% |
| Trade debts44 | €14,731 | €9,114 | €24,553 | €777 | €15,669 | €7,913 | €17,947 | €2,361 | ▼ 86.8% |
| Suppliers440/4 | - | - | - | €777 | €15,669 | €7,913 | €17,947 | €2,361 | ▼ 86.8% |
| Taxes, remuneration and social security45 | - | - | - | €17,099 | €7,915 | €6,687 | €6,343 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €17,099 | €7,915 | €6,687 | €6,343 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €27,499 | €26,012 | €56,235 | €17,031 | €17,484 | ▲ 2.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1,415 | €1,147 | €1,595 | €1,151 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,810 | €70,434 | €107,875 | €58,136 | €113,323 | €59,549 | €34,190 | -€18,770 | - |
| + Depreciation and write-downs630 | €6,885 | €5,610 | €5,610 | €11,078 | €12,964 | €17,952 | €17,952 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €38,695 | €76,043 | €113,485 | €69,215 | €126,287 | €77,501 | €52,143 | -€18,770 | - |
| Investment in fixed assets (approximation) | - | €0 | -€13,607 | -€39,985 | -€28,782 | €0 | €0 | €35,166 | - |
| Change in cash | - | €70,180 | €34,907 | -€111,923 | €55,485 | €43,630 | -€3,163 | €70,428 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-04-2026 | 2026-00074986 | |
| 31-12-2024 | micro format | 22-05-2025 | 2025-00104860 | |
| 31-12-2023 | micro format | 13-03-2024 | 2024-00043629 | |
| 31-12-2022 | micro format | 24-07-2023 | 2023-00263709 | |
| 31-12-2021 | micro format | 01-06-2022 | 2022-20040899 | |
| 31-12-2020 | micro format | 10-06-2021 | 2021-18700579 | |
| 31-12-2019 | micro format | 26-02-2020 | 2020-05600529 | |
| 31-12-2018 | micro format | 02-04-2019 | 2019-08900156 | |
| 31-12-2017 | micro format | 30-03-2018 | 2018-09100105 | |
| 31-12-2016 | micro format | 03-04-2017 | 2017-08400472 |