Greenco2
ActiveGreenco2 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €0. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 7% of 266 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79=
Solvency25=
Growth61=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.39 in 2024; short-term debt: 21.8% and cash: 0.2% of total assets), and 99.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← 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 2025Solvency, return and age of the figures
Solvency
0.5%
Return on assets
0%
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 7% of 266 sector peers (2025).
NBB · sector comparisonPosition among 266 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-04-2026, 98 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
98 d early
2024
70 d early
2023
85 d early
2022
220 d late
2021
124 d early
2020
107 d early
2019
101 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.43M▲ 10.6%
2024 · €5.81M
2018: €2.95M
2019: €3.07M
2020: €3.19M
2021: €3.00M
2022: €4.63M
2023: €6.06M
2024: €5.81M
2018 → 2025
EBIT margin
0.0%=
2024 · 0.0%
2018: 0.0%
2019: 0.0%
2020: 0.0%
2021: 0.0%
2022: 0.0%
2023: 0.0%
2024: 0.0%
2018 → 2025
Net result
€0
2024 · €0
2018: €0
2020: €0
2021: €0
2022: €0
2023: €0
2024: €0
2018 → 2025
Working capital
€-1.49M▲ 5.8%
2024 · €-1.58M
2018: €-952k
2019: €-644k
2020: €993k
2021: €-1.24M
2022: €-1.46M
2023: €-1.58M
2024: €-1.58M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.00M-€4.63M▲ 54.7%€6.06M▲ 30.9%€5.81M▼ 4.2%€6.43M▲ 10.6%
Equity€62k-€62k=€62k=€62k=€62k=
Operating result€159-€196▲ 23.3%€-389€125€176▲ 41.1%
Net result€0-€0€0€0€0
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 41% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.94M
Fixed assets
€11.61M▼ 8.0%
Current assets
€1.34M▲ 29.9%
Equity and liabilities €12.94M
Equity
€62k=
Debt
€12.88M▼ 5.2%
The debt ratio stays at 99.5%.
Key figures and ratios
EBITDA
€1.44M▲
2024 · €1.35M
Cash flow
€1.44M▲
2024 · €1.35M
Solvency
0.5%▲
2024 · 0.5%
Current ratio
0.47▲
2024 · 0.39
Quick ratio
0.38▲
2024 · 0.37
ROE
0.0%=
2024 · 0.0%
ROA
0.0%=
2024 · 0.0%
Interest coverage
8142.03▼
2024 · 10808.88
Debt
€12.88M▼
2024 · €13.59M
Debt ≤ 1 year
€2.83M▲
2024 · €2.61M
Debt > 1 year
€10.05M▼
2024 · €10.97M
A ratio outside any meaningful range has been withheld (balance sheet total €12.94M, equity €62k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13.65M€12.94M▼
Fixed assets21/28€12.62M€11.61M▼
Tangible fixed assets22/27€12.62M€11.61M▼
Land and buildings22€132k€113k▼
Plant, machinery and equipment23€12.21M€11.49M▼
Assets under construction and advance payments27€278k€0▼
Current assets29/58€1.03M€1.34M▲
Stocks and contracts in progress3€70k€259k▲
Stocks30/36€70k€259k▲
Raw materials and consumables30/31€70k€259k▲
Amounts receivable within one year40/41€922k€1.05M▲
Trade receivables40€771k€827k▲
Other amounts receivable41€151k€220k▲
Cash at bank and in hand54/58€36k€29k▼
Equity and liabilities
Total equity and liabilities10/49€13.65M€12.94M▼
Equity10/15€62k€62k=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Amounts payable17/49€13.59M€12.88M▼
Amounts payable after more than one year17€10.97M€10.05M▼
Advances received on contracts in progress176€10.97M€10.05M▼
Amounts payable within one year42/48€2.61M€2.83M▲
Trade debts44€1.26M€1.33M▲
Suppliers440/4€1.26M€1.33M▲
Advances received on contracts in progress46€1.36M€1.50M▲
Income statement
Code20242025
Operating income70/76A€5.81M€6.43M▲
Turnover70€5.81M€6.43M▲
Operating charges60/66A€5.81M€6.43M▲
Goods for resale, raw materials and consumables60€3.08M€3.70M▲
Purchases600/8€3.07M€3.88M▲
Change in stocks: decrease (increase)609€15k€-189k▼
Services and other goods61€1.37M€1.29M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.35M€1.44M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€9k€1k▼
Operating profit (loss)9901€125€176▲
Financial charges65/66B€125€176▲
Recurring financial charges65€125€176▲
Debt charges650€125€176▲
Profit (loss) for the period before taxes9903€0€0=
Income taxes67/77€0-
Taxes670/3€0-
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€0€0=
Profit (loss) for the period to be appropriated9905€0€0=
Appropriation of the result
Profit (loss) to be appropriated9906€0€0=
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 220 days late
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.52
Current ratio from 0.53 to 1.52.
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
13-10-2025
D-SOLVE BV: Resigned as Director
02-09-2025
Pablo Vercruysse: Resigned as Managing director
12-06-2025
Benoit VERBRUGGEN: Resigned as Director
25-05-2022
Pablo Vercruysse: Resigned as Managing director
07-04-2017
Frank Borgenon: Resigned as Director
14-03-2017
Bart Vervenne: Resigned as Director
14-03-2017
Bart Vervenne: Resigned as Managing director
14-09-2016
Jan Desmeth: Resigned as Director
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 2 establishment units since 2016
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.
Nieuwe Weg 12070 Beveren-Kruibeke-ZwijndrechtGround area
11.9 ha
Building footprint
1,698 m²
Volume, LiDAR
15,719 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Greenco2
since 20162.270.373.585
Greenco2
since 20162.272.588.353
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056H0505/00F000 | Flanders | 7.7 ha | 1 · 1,032 m² | 14.9 m · 3 fl. |
| 44813R0006/00E000 | Flanders | 4.2 ha | 1 · 666 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.272.588.353
Similar companies · same sector, comparable size
bECO2
BE 0807.880.633
Beveren-Kruibeke-Zwijndrecht · Eq €50k
SOBELTEC
BE 0447.304.315
Ronse · Eq €49k
Messer Air Gases Belgium
BE 0802.062.019
Beveren-Kruibeke-Zwijndrecht · Eq €32k
PLASTURGIE LAZZERINI
BE 0419.662.679
La Louvière · Eq €132k
Scott Industries
BE 0847.560.264
Hamont-Achel · Eq €174k
Of 42 companies in sector 20110 we hold annual accounts for 31. 9 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-06-2015
Fiscal year end31-12
Activities, NACEBEL
20110Manufacture of chemicals and chemical products
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.