GREENCON
ActiveSummary
GREENCON has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-157k) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 28.28 against 6.72 in 2024; short-term debt: 3.5% and cash: 0.5% of total assets), but equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-330.1%
Return on assets
-34.6%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-157k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
26 d late
2022
25 d late
2021
on the day
2020
2 d early
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€-157k▼ 11.7%
2024 · €-140k
Total assets
€48k▲ 23.5%
2024 · €38k
Net result
€-16k▲ 92.2%
2024 · €-210k
Working capital
€45k▲ 40.3%
2024 · €32k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4k▼ 74.8%€-560€27k€-209k€-16k▲ 92.6%
Net result€2k▼ 78.7%€-2k€19k€-210k€-16k▲ 92.2%
Equity€53k▲ 4.2%€51k▼ 3.6%€70k▲ 37.7%€-140k€-157k▼ 11.7%
Total assets€227k▲ 6.6%€221k▼ 2.8%€289k▲ 30.8%€38k▼ 86.7%€48k▲ 23.5%
Debt€124k▲ 10.7%€120k▼ 3.6%€168k▲ 40.6%€129k▼ 23.5%€154k▲ 19.8%
Working capital€102k▲ 2.1%€100k▼ 1.9%€119k▲ 19.1%€32k▼ 73.0%€45k▲ 40.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €209k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€520 =
Current assets
€47k ▲ 23.8%
Key figures and ratios
Solvency
-330.1%▲
2024 · -364.9%
Current ratio
28.28▲
2024 · 6.72
Debt to equity
-0.98▼
2024 · -0.92
ROA
-34.6%▲
2024 · -546.9%
Debt ≤ 1 year
€2k▼
2024 · €6k
Debt > 1 year
€151k▲
2024 · €123k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €622 | €622 | €165k | €915 | ▼ 99.4% |
| Gross operating margin9900 | €5k | €61 | €27k | €-44k | €-15k | ▲ 66.8% |
| Operating profit (loss)9901 | €4k | €-560 | €27k | €-209k | €-16k | ▲ 92.6% |
| Financial charges65/66B | - | €1k | €1k | €2k | €915 | ▼ 44.6% |
| Recurring financial charges65 | €1k | €1k | €1k | €2k | €915 | ▼ 44.6% |
| Profit (loss) for the period before taxes9903 | €3k | €-2k | €25k | €-210k | €-16k | ▲ 92.2% |
| Income taxes67/77 | €749 | €-5 | €6k | - | - | - |
| Profit (loss) for the period9904 | €2k | €-2k | €19k | €-210k | €-16k | ▲ 92.2% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-2k | €19k | €-210k | €-16k | ▲ 92.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227k | €221k | €289k | €38k | €48k | ▲ 23.5% |
| Fixed assets21/28 | €520 | €520 | €520 | €520 | €520 | = |
| Financial fixed assets28 | €520 | €520 | €520 | €520 | €520 | = |
| Current assets29/58 | €227k | €220k | €288k | €38k | €47k | ▲ 23.8% |
| Amounts receivable within one year40/41 | €223k | €218k | €247k | €37k | €47k | ▲ 24.6% |
| Trade receivables40 | - | €218k | €247k | €1k | €2k | ▲ 142% |
| Other amounts receivable41 | - | - | - | €36k | €44k | ▲ 21.4% |
| Cash at bank and in hand54/58 | €3k | €2k | €41k | €474 | €234 | ▼ 50.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €60 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227k | €221k | €289k | €38k | €48k | ▲ 23.5% |
| Equity10/15 | €53k | €51k | €70k | €-140k | €-157k | ▼ 11.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Outside capital11 | - | €19k | €19k | - | - | - |
| Other1109/19 | - | €19k | €19k | - | - | - |
| Reserves13 | €34k | €32k | €51k | - | - | - |
| Non-distributable reserves130/1 | - | - | €2k | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | - | - | - |
| Distributable reserves133 | - | €32k | €50k | - | - | - |
| Profit (loss) carried forward14 | - | - | - | €-159k | €-175k | ▼ 10.3% |
| Provisions and deferred taxes16 | €50k | €50k | €50k | €50k | €50k | = |
| Provisions for liabilities and charges160/5 | - | €50k | €50k | €50k | €50k | = |
| Other liabilities and charges164/5 | - | €50k | €50k | €50k | €50k | = |
| Amounts payable17/49 | €124k | €120k | €168k | €129k | €154k | ▲ 19.8% |
| Amounts payable after more than one year17 | - | - | - | €123k | €151k | ▲ 22.3% |
| Other amounts payable178/9 | - | - | - | €123k | €151k | ▲ 22.3% |
| Amounts payable within one year42/48 | €124k | €120k | €168k | €6k | €2k | ▼ 70.6% |
| Financial debts43 | - | - | €28 | €8 | - | - |
| Credit institutions430/8 | - | - | €28 | €8 | - | - |
| Trade debts44 | €30k | €20k | €52k | €6k | €2k | ▼ 70.5% |
| Suppliers440/4 | - | €20k | €52k | €6k | €2k | ▼ 70.5% |
| Taxes, remuneration and social security45 | - | €824 | €9k | - | - | - |
| Taxes450/3 | - | €824 | €9k | - | - | - |
| Other amounts payable47/48 | - | €99k | €108k | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-2k | €19k | €-210k | €-16k | ▲ 92.2% |
| Operating cash flow (approximation) | €2k | €-2k | €19k | €-210k | €-16k | ▲ 92.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-2k | €39k | €-40k | €-240 | ▲ 99.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Liquidity quadruplescurrent ratio 28.28
Current ratio from 6.72 to 28.28; short-term debt falls from €6k to €2k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-210k
Net result drops to €-210k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity quadruplescurrent ratio 6.72
Current ratio from 1.71 to 6.72; short-term debt falls from €168k to €6k.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
30-06
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
25-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Balen · 1 establishment unit since 2016
Ground area
3.5 ha
Parcel 13342B1325/02M046, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Boomschorsweg 22, 2490 Balen
since 20162.252.932.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13342B1325/02M046 | Flanders | 3.5 ha | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 840 companies in sector 46810 we hold annual accounts for 473. 244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-01-2010
Fiscal year end30-06
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
19200Manufacture of coke and refined petroleum products
46832Wholesale of timber
Scores and ratios are computed by Checked and are not a credit decision.