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GREENDYLE

Active
Cooperative companyfounded 20215 yrs activeChemin de la Waronche 8, 1471 Genappe, BelgiumKBO/BCE: BE 0771.505.930
Summary

GREENDYLE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156,150 and a net result of -€82,388. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 181 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability3▼-66
Solvency46▼-1
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.58 against 1.21 in 2024; short-term debt: 25.6% and cash: 6.5% of total assets), and 79.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Electricity, gas, steam and air conditioning supply (NACE 35)
about 42% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
on the day
2024
37 d early
2023
on the day
2022
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 23 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GREENDYLE was incorporated on 16 July 2021 as a Cooperative company.1 Total assets rose from EUR 559,791 in 2022 to EUR 750,756 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€62,965
EBIT margin
-140.0%
Net result
-€82,388
2024 · €4,404
Working capital
-€81,290
2024 · €26,419
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
Line2022202320242025
Turnover€62,965
Operating result€2,885--€3,349-€862▲ 74.3%-€88,143▼ 10,130%
Net result€979-€2,272▲ 132%€4,404▲ 93.9%-€82,388
EBIT margin-140.0%
Equity€28,129-€168,396▲ 499%€165,169▼ 1.9%€156,150▼ 5.5%
Total assets€559,791-€747,104▲ 33.5%€736,906▼ 1.4%€750,756▲ 1.9%
Debt€531,663-€578,707▲ 8.8%€571,737▼ 1.2%€594,606▲ 4.0%
Working capital€39,204-€118,618▲ 203%€26,419▼ 77.7%-€81,290
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2022: €2,885€2,885Net result 2022: €979€979Operating result 2023: -€3,349-€3,349Net result 2023: €2,272€2,272Operating result 2024: -€862-€862Net result 2024: €4,404€4,404Operating result 2025: -€88,143-€88,143Net result 2025: -€82,388-€82,3882022202320242025-€100,000-€75,000-€50,000-€25,000€0Operating result 2023: -€3,349-€3,350Net result 2023: €2,272€2,270Operating result 2024: -€862-€862Net result 2024: €4,404€4,400Operating result 2025: -€88,143-€88,100Net result 2025: -€82,388-€82,400202320242025
The operating result stays negative: a loss of €88,143 in 2025 against €862 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €750,756
Fixed assets €639,769 ▲ 8.9%
Current assets €110,986 ▼ 25.7%
Equity and liabilities €750,756
Equity €156,150 ▼ 5.5%
Debt €594,606 ▲ 4.0%
Debt's share of the balance-sheet total rises from 77.6% to 79.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€60,949▼
2024 · €21,686
Cash flow
-€55,194▼
2024 · €26,952
Current ratio
0.58▼
2024 · 1.21
Debt to equity
3.81▲
2024 · 3.46
ROE
-52.8%▼
2024 · 2.7%
ROA
-11.0%▼
2024 · 0.6%
Interest coverage
-32.48▼
2024 · 9.17
Debt ≤ 1 year
€192,277▲
2024 · €122,965
Debt > 1 year
€402,329▼
2024 · €448,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 121 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 86% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
5.8% stopped otherwise
86% still going

A further 2.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 121 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€736,906€750,756▲
Fixed assets21/28€587,521€639,769▲
Tangible fixed assets22/27€587,521€639,769▲
Plant, machinery and equipment23€732€487▼
Other tangible fixed assets26€537,016€589,509▲
Assets under construction and advance payments27€49,774€49,774=
Current assets29/58€149,385€110,986▼
Amounts receivable within one year40/41€147,331€59,873▼
Trade receivables40€72,605€9,903▼
Other amounts receivable41€74,725€49,970▼
Cash at bank and in hand54/58€2,054€49,085▲
Deferred charges and accrued income490/1€0€2,029▲
Equity and liabilities
Total equity and liabilities10/49€736,906€750,756▲
Equity10/15€165,169€156,150▼
Contributions10/11€20,000€101,000▲
Profit (loss) carried forward14€7,655-€74,733▼
Investment grants15€137,514€129,883▼
Amounts payable17/49€571,737€594,606▲
Amounts payable after more than one year17€448,771€402,329▼
Financial debts170/4€448,771€402,329▼
Amounts payable within one year42/48€122,965€192,277▲
Current portion of amounts payable after more than one year42€54,475€70,372▲
Trade debts44€66,828€120,242▲
Suppliers440/4€66,828€120,242▲
Taxes, remuneration and social security45€499€499=
Taxes450/3€499€499=
Other amounts payable47/48€1,164€1,164=
Income statement Code20242025
Turnover70-€62,965
Non-recurring operating income76A-€0
Goods, raw materials, services and sundry goods60/61-€37,497
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,548€27,194▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€86,029
Other operating charges640/8€531€387▼
Gross operating margin9900€22,217€25,468▲
Operating profit (loss)9901-€862-€88,143▼
Financial income75/76B€7,631€7,631=
Recurring financial income75€7,631€7,631=
Financial charges65/66B€2,365€1,876▼
Recurring financial charges65€2,365€1,876▼
Profit (loss) for the period before taxes9903€4,404-€82,388▼
Profit (loss) for the period9904€4,404-€82,388▼
Profit (loss) for the period to be appropriated9905€4,404-€82,388▼
Appropriation of the result
Profit (loss) to be appropriated9906€7,655-€74,733▼
Profit (loss) brought forward from the previous period14P€3,250€7,655▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Turnover70---€62,965-
Non-recurring operating income76A---€0-
Goods, raw materials, services and sundry goods60/61---€37,497-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,891€18,188€22,548€27,194▲ 20.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€86,029-
Other operating charges640/8€1,125€559€531€387▼ 27.0%
Gross operating margin9900€16,901€15,398€22,217€25,468▲ 14.6%
Operating profit (loss)9901€2,885-€3,349-€862-€88,143▼ 10,130%
Financial income75/76B€350€7,325€7,631€7,631=
Recurring financial income75€350€7,325€7,631€7,631=
Financial charges65/66B€2,257€1,705€2,365€1,876▼ 20.7%
Recurring financial charges65€2,257€1,705€2,365€1,876▼ 20.7%
Profit (loss) for the period before taxes9903€979€2,272€4,404-€82,388▼ 1,971%
Profit (loss) for the period9904€979€2,272€4,404-€82,388▼ 1,971%
Profit (loss) for the period to be appropriated9905€979€2,272€4,404-€82,388▼ 1,971%
Line2022202320242025Change
Assets
Total assets20/58€559,791€747,104€736,906€750,756▲ 1.9%
Fixed assets21/28€501,337€530,573€587,521€639,769▲ 8.9%
Tangible fixed assets22/27€501,337€530,573€587,521€639,769▲ 8.9%
Plant, machinery and equipment23--€732€487▼ 33.5%
Other tangible fixed assets26€501,337€455,913€537,016€589,509▲ 9.8%
Assets under construction and advance payments27-€74,661€49,774€49,774=
Current assets29/58€58,454€216,530€149,385€110,986▼ 25.7%
Amounts receivable within one year40/41€38,881€195,637€147,331€59,873▼ 59.4%
Trade receivables40€27,498€50,010€72,605€9,903▼ 86.4%
Other amounts receivable41€11,383€145,627€74,725€49,970▼ 33.1%
Cash at bank and in hand54/58€19,573€11,118€2,054€49,085▲ 2,290%
Deferred charges and accrued income490/1-€9,775€0€2,029-
Equity and liabilities
Total equity and liabilities10/49€559,791€747,104€736,906€750,756▲ 1.9%
Equity10/15€28,129€168,396€165,169€156,150▼ 5.5%
Contributions10/11€20,000€20,000€20,000€101,000▲ 405%
Profit (loss) carried forward14€979€3,250€7,655-€74,733▼ 1,076%
Investment grants15€7,150€145,146€137,514€129,883▼ 5.5%
Amounts payable17/49€531,663€578,707€571,737€594,606▲ 4.0%
Amounts payable after more than one year17€512,413€480,795€448,771€402,329▼ 10.3%
Financial debts170/4€512,413€480,795€448,771€402,329▼ 10.3%
Amounts payable within one year42/48€19,250€97,912€122,965€192,277▲ 56.4%
Current portion of amounts payable after more than one year42€17,587€53,935€54,475€70,372▲ 29.2%
Trade debts44-€41,855€66,828€120,242▲ 79.9%
Suppliers440/4-€41,855€66,828€120,242▲ 79.9%
Taxes, remuneration and social security45€499€958€499€499=
Taxes450/3€499€958€499€499=
Other amounts payable47/48€1,164€1,164€1,164€1,164=
Line2022202320242025Change
Profit (loss) for the period9904€979€2,272€4,404-€82,388▼ 1,971%
+ Depreciation and write-downs630€12,891€18,188€22,548€27,194▲ 20.6%
Operating cash flow (approximation)€13,869€20,460€26,952-€55,194▼ 305%
Investment in fixed assets (approximation)--€47,424-€79,496-€79,442▲ 0.1%
Change in cash--€8,455-€9,064€47,031▲ 619%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet -€82,388
Net result drops to -€82,388, the lowest in the series.
24-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2022net €4,404 ▲93.9%
Net result €4,404, the highest in the series.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €150,000Eq €168,396 ▲499%
2 profitable years in a row build equity to €168,396.
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Genappe · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
2,529 m²
Building footprint
147 m²
Volume, LiDAR
1,375 m³
Parcel 25059B0033/00C000, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
GREENDYLE
Chemin de la Waronche 8, 1471 GenappeElectricity, gas, steam and air conditioning supply
since 20212.320.652.150
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25059B0033/00C000 Wallonia 2,529 m² 1 · 147 m² 10.5 m · 3 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. ENERES 100%
  2. GREENDYLE

Highest known parent: ENERES. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 84 companies in sector 35300 we hold annual accounts for 63. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded16-07-2021
Fiscal year end30-09
Activities, NACEBEL 2025
35300Electricity, gas, steam and air conditioning supply
94994Activities of membership organisations
E-invoicing
Reachable via Peppol
Peppol ID 0208:0771505930
Registered 20-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.