GREENDESIGN
ActiveSummary
GREENDESIGN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376,657 and a net result of €127,676. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+20
Solvency100▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 3.08 against 1.77 in 2024; short-term debt: 24.2% and cash: 42.4% of total assets), and 25.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
74.6%
Return on assets
25.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
29 d late
2024
26 d late
2023
29 d late
2022
29 d late
2021
30 d late
2020
31 d late
2019
153 d late
← 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 47 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€127,676▲ 244%
2024 · €37,125
Working capital
€253,214▲ 143%
2024 · €104,185
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€100,850▼ 7.7%€90,378▼ 10.4%€37,135▼ 58.9%€48,852▲ 31.6%€168,828▲ 246%
Net result€79,197above the sector's middle half▼ 2.1%€68,013above the sector's middle half▼ 14.1%€24,875within the sector's middle half▼ 63.4%€37,125within the sector's middle half▲ 49.2%€127,676within the sector's middle half▲ 244%
Equity€175,028above the sector's middle half▲ 29.2%€224,981above the sector's middle half▲ 28.5%€248,856within the sector's middle half▲ 10.6%€273,980within the sector's middle half▲ 10.1%€376,657within the sector's middle half▲ 37.5%
Total assets€498,970above the sector's middle half▲ 17.5%€567,050above the sector's middle half▲ 13.6%€419,747within the sector's middle half▼ 26.0%€430,209within the sector's middle half▲ 2.5%€504,980below the sector's middle half▲ 17.4%
Debt€323,942▲ 12.0%€342,069▲ 5.6%€170,892▼ 50.0%€156,229▼ 8.6%€128,323▼ 17.9%
Working capital€71,098▲ 14.9%€124,180▲ 74.7%€85,367▼ 31.3%€104,185▲ 22.0%€253,214▲ 143%
Solvency35.1%within the sector's middle half▲ 3.2pp39.7%within the sector's middle half▲ 4.6pp59.3%within the sector's middle half▲ 19.6pp63.7%within the sector's middle half▲ 4.4pp74.6%above the sector's middle half▲ 10.9pp
Staff (FTE)2.82.8=2below the sector's middle half▼ 28.6%2within the sector's middle half=2below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 246% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €504,447
Fixed assets
€129,257 ▼ 31.6%
Current assets
€375,190 ▲ 56.1%
Equity and liabilities €504,980
Equity
€376,657 ▲ 37.5%
Debt
€128,323 ▼ 17.9%
Debt's share of the balance-sheet total falls from 36.3% to 25.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€227,377▲
2024 · €120,955
Cash flow
€186,225▲
2024 · €109,227
Current ratio
3.08▲
2024 · 1.77
Quick ratio
2.54▲
2024 · 1.18
Debt to equity
0.34▼
2024 · 0.57
ROE
33.9%▲
2024 · 13.6%
ROA
25.3%▲
2024 · 8.6%
Interest coverage
390.98▲
2024 · 84.38
Debt ≤ 1 year
€121,977▼
2024 · €136,123
Debt > 1 year
€6,204▼
2024 · €20,106
Income taxes
€41,294▲
2024 · €10,979
Staff costs
€86,732▼
2024 · €99,437
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €27,078 | - | €201 | €328 | - | - |
| Remuneration, social security and pensions62 | €87,690 | €129,741 | €119,281 | €99,437 | €86,732 | ▼ 12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,121 | €72,437 | €80,456 | €72,103 | €58,549 | ▼ 18.8% |
| Other operating charges640/8 | €2,379 | €1,915 | €3,086 | €2,310 | €1,799 | ▼ 22.1% |
| Non-recurring operating charges66A | - | - | €40 | - | €14,599 | - |
| Gross operating margin9900 | €253,040 | €294,470 | €239,997 | €222,701 | €330,507 | ▲ 48.4% |
| Operating profit (loss)9901 | €100,850 | €90,378 | €37,135 | €48,852 | €168,828 | ▲ 246% |
| Financial income75/76B | €1,712 | €1,454 | €934 | €685 | €724 | ▲ 5.7% |
| Recurring financial income75 | €1,712 | €1,454 | €934 | €685 | €724 | ▲ 5.7% |
| Financial charges65/66B | €2,573 | €2,547 | €1,604 | €1,434 | €582 | ▼ 59.4% |
| Recurring financial charges65 | €2,573 | €2,547 | €1,604 | €1,434 | €582 | ▼ 59.4% |
| Profit (loss) for the period before taxes9903 | €99,990 | €89,284 | €36,465 | €48,103 | €168,971 | ▲ 251% |
| Income taxes67/77 | €20,792 | €21,272 | €11,590 | €10,979 | €41,294 | ▲ 276% |
| Profit (loss) for the period9904 | €79,197 | €68,013 | €24,875 | €37,125 | €127,676 | ▲ 244% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €29,470 | - |
| Profit (loss) for the period to be appropriated9905 | €79,197 | €68,013 | €24,875 | €37,125 | €98,206 | ▲ 165% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €498,970 | €567,050 | €419,747 | €430,209 | €504,980 | ▲ 17.4% |
| Formation expenses20 | €28 | €1,331 | €1,065 | €799 | €532 | ▼ 33.3% |
| Fixed assets21/28 | €208,745 | €195,245 | €199,920 | €189,102 | €129,257 | ▼ 31.6% |
| Intangible fixed assets21 | - | - | - | - | €2,150 | - |
| Tangible fixed assets22/27 | €208,560 | €195,060 | €199,735 | €188,917 | €126,922 | ▼ 32.8% |
| Land and buildings22 | - | - | €56,000 | €56,000 | €56,000 | = |
| Plant, machinery and equipment23 | €81,214 | €68,374 | €46,922 | €27,434 | €20,146 | ▼ 26.6% |
| Furniture and vehicles24 | €98,825 | €72,960 | €58,769 | €41,210 | €12,348 | ▼ 70.0% |
| Leasing and similar rights25 | €19,703 | €40,516 | €27,178 | €55,753 | €32,252 | ▼ 42.2% |
| Other tangible fixed assets26 | €8,818 | €13,211 | €10,866 | €8,521 | €6,176 | ▼ 27.5% |
| Financial fixed assets28 | €185 | €185 | €185 | €185 | €185 | = |
| Current assets29/58 | €290,197 | €370,474 | €218,763 | €240,308 | €375,190 | ▲ 56.1% |
| Amounts receivable after more than one year29 | €36,000 | €30,000 | €12,000 | - | - | - |
| Other amounts receivable291 | €36,000 | €30,000 | €12,000 | - | - | - |
| Stocks and contracts in progress3 | €36,136 | €62,357 | €102,441 | €79,776 | €65,698 | ▼ 17.6% |
| Stocks30/36 | €36,136 | €62,357 | €89,866 | €68,730 | €65,698 | ▼ 4.4% |
| Contracts in progress37 | - | - | €12,575 | €11,046 | - | - |
| Amounts receivable within one year40/41 | €70,079 | €70,634 | €41,365 | €57,987 | €87,852 | ▲ 51.5% |
| Trade receivables40 | €66,478 | €66,653 | €33,929 | €25,861 | €55,981 | ▲ 116% |
| Other amounts receivable41 | €3,601 | €3,980 | €7,436 | €32,126 | €31,871 | ▼ 0.8% |
| Cash at bank and in hand54/58 | €141,103 | €201,737 | €45,372 | €94,668 | €214,054 | ▲ 126% |
| Deferred charges and accrued income490/1 | €6,880 | €5,746 | €17,584 | €7,877 | €7,587 | ▼ 3.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €498,970 | €567,050 | €419,747 | €430,209 | €504,980 | ▲ 17.4% |
| Equity10/15 | €175,028 | €224,981 | €248,856 | €273,980 | €376,657 | ▲ 37.5% |
| Contributions10/11 | €6,200 | - | - | - | - | - |
| Outside capital11 | €6,200 | - | - | - | - | - |
| Other1109/19 | €6,200 | - | - | - | - | - |
| Reserves13 | €148,323 | €204,476 | €228,351 | €253,476 | €356,152 | ▲ 40.5% |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €29,470 | - |
| Distributable reserves133 | €146,463 | €204,476 | €228,351 | €253,476 | €326,682 | ▲ 28.9% |
| Profit (loss) carried forward14 | €20,505 | €20,505 | €20,505 | €20,505 | €20,505 | = |
| Amounts payable17/49 | €323,942 | €342,069 | €170,892 | €156,229 | €128,323 | ▼ 17.9% |
| Amounts payable after more than one year17 | €104,843 | €95,575 | €37,433 | €20,106 | €6,204 | ▼ 69.1% |
| Financial debts170/4 | €104,843 | €95,575 | €37,433 | €20,106 | €6,204 | ▼ 69.1% |
| Amounts payable within one year42/48 | €219,099 | €246,294 | €133,396 | €136,123 | €121,977 | ▼ 10.4% |
| Current portion of amounts payable after more than one year42 | €54,201 | €36,152 | €42,915 | €44,804 | €16,561 | ▼ 63.0% |
| Financial debts43 | €3,661 | €4,953 | €4,740 | - | - | - |
| Credit institutions430/8 | €3,661 | €4,953 | €4,740 | - | - | - |
| Trade debts44 | €56,053 | €42,839 | €26,811 | €35,890 | €16,294 | ▼ 54.6% |
| Suppliers440/4 | €56,053 | €42,839 | €26,811 | €35,890 | €16,294 | ▼ 54.6% |
| Advances received on contracts in progress46 | - | €67,130 | €21,780 | - | - | - |
| Taxes, remuneration and social security45 | €70,567 | €51,202 | €33,717 | €43,429 | €47,122 | ▲ 8.5% |
| Taxes450/3 | €53,191 | €28,724 | €21,684 | €35,390 | €39,112 | ▲ 10.5% |
| Remuneration and social security454/9 | €17,376 | €22,477 | €12,032 | €8,039 | €8,011 | ▼ 0.4% |
| Other amounts payable47/48 | €34,617 | €44,018 | €3,432 | €12,000 | €42,000 | ▲ 250% |
| Accrued charges and deferred income492/3 | - | €200 | €63 | - | €142 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,197 | €68,013 | €24,875 | €37,125 | €127,676 | ▲ 244% |
| + Depreciation and write-downs630 | €62,121 | €72,437 | €80,456 | €72,103 | €58,549 | ▼ 18.8% |
| Operating cash flow (approximation) | €141,318 | €140,449 | €105,331 | €109,227 | €186,225 | ▲ 70.5% |
| Investment in fixed assets (approximation) | - | -€58,937 | -€85,130 | -€61,286 | €1,297 | ▲ 102% |
| Change in cash | - | €60,635 | -€156,365 | €49,296 | €119,386 | ▲ 142% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €127,676 ▲244%
Operating result €168,828, net result €127,676, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Equity above €200,000Eq €224,981 ▲28.5%
5 profitable years in a row build equity to €224,981.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €150,000Eq €175,028 ▲29.2%
4 profitable years in a row build equity to €175,028.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100,000Eq €135,520 ▲148%
3 profitable years in a row build equity to €135,520.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-12
Financial
Weakest financial yearnet €8,369 ▼79.1%
Net result drops to €8,369, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Zele · 1 establishment unit since 2017
Ground area
2,128 m²
Building footprint
649 m²
Volume, LiDAR
2,626 m³
Parcel 42402C0212/00A002, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Greendesign-tuinaanleg
since 20172.262.614.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C0212/00A002 | Flanders | 2,128 m² | 1 · 649 m² | 6.3 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Recognitions · licences · registrations
Dual-learning approval
1 live approval · 3 endedGroenaanleg en –beheer duaal (so)
Show 3 ended approvals
Medewerker groen- en tuinaanleg (vwo)
Medewerker groen- en tuinaanleg duaal (so)
Medewerker groen- en tuinaanleg (so)
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Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 2,908 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
Founded22-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
43990Other specialised construction activities
47552Retail sale of lighting equipment
47761Retail sale of flowers, plants, seeds and fertilisers
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672902262
Also
9925:BE0672902262
Registered
06-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.