Greenerthings
ActiveSummary
Greenerthings has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €726k and a net result of €33k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-61
Solvency49▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.85 in 2024; short-term debt: 62.8% and cash: 3.4% of total assets), but 76.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
23.9%
Return on assets
1.1%
Age of the figures
12 mo
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 dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €726k
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 · 7 filingsDeviation from the deadline
2025
on the day
2024
15 d late
2023
4 d early
2022
6 d early
2021
5 d early
2020
10 d early
2019
2 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€726k▲ 4.8%
2024 · €693k
2019: €16klowest in 7 years
2020: €20k▲ +25.6% vs 2019
2021: €27k▲ +37.3% vs 2020
2022: €35k▲ +27.7% vs 2021
2023: €94k▲ +173% vs 2022
2024: €693k▲ +634% vs 2023
2025: €726k▲ +4.8% vs 2024highest in 7 years
2019 → 2025
Total assets
€3.04M▲ 56.2%
2024 · €1.95M
2019: €79k
2020: €34k▼ -56.9% vs 2019lowest in 7 years
2021: €73k▲ +113% vs 2020
2022: €115k▲ +58.5% vs 2021
2023: €340k▲ +195% vs 2022
2024: €1.95M▲ +473% vs 2023
2025: €3.04M▲ +56.2% vs 2024highest in 7 years
2019 → 2025
Net result
€33k▼ 94.5%
2024 · €598k
2019: €-3klowest in 7 years
2020: €4k▲ +239% vs 2019
2021: €7k▲ +83.0% vs 2020
2022: €7k▲ +2.2% vs 2021
2023: €60k▲ +698% vs 2022
2024: €598k▲ +900% vs 2023highest in 7 years
2025: €33k▼ -94.5% vs 2024
2019 → 2025
Working capital
€1.12M▲ 34.1%
2024 · €834k
2019: €47k
2020: €22k▼ -53.9% vs 2019lowest in 7 years
2021: €27k▲ +26.3% vs 2020
2022: €30k▲ +10.8% vs 2021
2023: €46k▲ +51.9% vs 2022
2024: €834k▲ +1714% vs 2023
2025: €1.12M▲ +34.1% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€35k▲ 27.7%€94k▲ 173%€693k▲ 634%€726k▲ 4.8%
2021: €27klowest in 5 years
2022: €35k▲ +27.7% vs 2021
2023: €94k▲ +173% vs 2022
2024: €693k▲ +634% vs 2023
2025: €726k▲ +4.8% vs 2024highest in 5 years
Operating result€9k-€11k▲ 12.4%€85k▲ 703%€834k▲ 881%€80k▼ 90.4%
2021: €9klowest in 5 years
2022: €11k▲ +12.4% vs 2021
2023: €85k▲ +703% vs 2022
2024: €834k▲ +881% vs 2023highest in 5 years
2025: €80k▼ -90.4% vs 2024
Net result€7k-€7k▲ 2.2%€60k▲ 698%€598k▲ 900%€33k▼ 94.5%
2021: €7klowest in 5 years
2022: €7k▲ +2.2% vs 2021
2023: €60k▲ +698% vs 2022
2024: €598k▲ +900% vs 2023highest in 5 years
2025: €33k▼ -94.5% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.04M
Fixed assets
€13k ▼ 90.7%
Current assets
€3.03M ▲ 67.2%
Equity and liabilities €3.04M
Equity
€726k ▲ 4.8%
Debt
€2.31M ▲ 84.7%
Debt's share of the balance-sheet total rises from 64.4% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▼
2024 · €866k
Cash flow
€33k▼
2024 · €630k
Current ratio
1.59▼
2024 · 1.85
Quick ratio
1.41▼
2024 · 1.77
Debt to equity
3.19▲
2024 · 1.81
ROE
4.5%▼
2024 · 86.4%
ROA
1.1%▼
2024 · 30.8%
Interest coverage
2.25▼
2024 · 37.46
Debt ≤ 1 year
€1.91M▲
2024 · €977k
Debt > 1 year
€35k▼
2024 · €58k
Income taxes
€13k▼
2024 · €219k
Staff costs
€37k▼
2024 · €179k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.95M€3.04M▲
Fixed assets21/28€135k€13k▼
Intangible fixed assets21€2k€0▼
Tangible fixed assets22/27€121k€0▼
Plant, machinery and equipment23€15k€0▼
Furniture and vehicles24€105k€0▼
Other tangible fixed assets26€1k€0▼
Financial fixed assets28€13k€13k=
Current assets29/58€1.81M€3.03M▲
Amounts receivable after more than one year29€225k€0▼
Other amounts receivable291€225k€0▼
Stocks and contracts in progress3€86k€341k▲
Stocks30/36€86k€341k▲
Amounts receivable within one year40/41€1.38M€2.58M▲
Trade receivables40€1.30M€1.30M▲
Other amounts receivable41€78k€1.28M▲
Cash at bank and in hand54/58€120k€102k▼
Equity and liabilities
Total equity and liabilities10/49€1.95M€3.04M▲
Equity10/15€693k€726k▲
Contributions10/11€19k€19k=
Reserves13€674k€707k▲
Distributable reserves133€674k€707k▲
Amounts payable17/49€1.25M€2.31M▲
Amounts payable after more than one year17€58k€35k▼
Financial debts170/4€58k€35k▼
Amounts payable within one year42/48€977k€1.91M▲
Current portion of amounts payable after more than one year42€20k€23k▲
Financial debts43€500k€350k▼
Credit institutions430/8€500k€350k▼
Trade debts44€145k€1.51M▲
Suppliers440/4€145k€1.51M▲
Taxes, remuneration and social security45€247k€13k▼
Taxes450/3€219k€13k▼
Remuneration and social security454/9€28k€0▼
Other amounts payable47/48€64k€18k▼
Accrued charges and deferred income492/3€218k€370k▲
Income statement
Code20242025
Non-recurring operating income76A-€187k
Remuneration, social security and pensions62€179k€37k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€0▼
Other operating charges640/8€778€2k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€1.05M€122k▼
Operating profit (loss)9901€834k€80k▼
Financial income75/76B€7k€1k▼
Recurring financial income75€7k€1k▼
Financial charges65/66B€23k€36k▲
Recurring financial charges65€23k€36k▲
Profit (loss) for the period before taxes9903€818k€46k▼
Income taxes67/77€219k€13k▼
Profit (loss) for the period9904€598k€33k▼
Profit (loss) for the period to be appropriated9905€598k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€598k€33k▼
Transfer to equity691/2€598k€33k▼
To other reserves6921€598k€33k▼
Social balance
Average headcount (FTE)90873.23.2=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €187k | - |
| Remuneration, social security and pensions62 | - | - | €40k | €179k | €37k | ▼ 79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €140 | €396 | €8k | €32k | €0 | ▼ 100% |
| Other operating charges640/8 | €3k | €2k | €2k | €778 | €2k | ▲ 187% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €13k | €13k | €135k | €1.05M | €122k | ▼ 88.3% |
| Operating profit (loss)9901 | €9k | €11k | €85k | €834k | €80k | ▼ 90.4% |
| Financial income75/76B | €30 | €69 | €328 | €7k | €1k | ▼ 79.5% |
| Recurring financial income75 | €30 | €69 | €328 | €7k | €1k | ▼ 79.5% |
| Financial charges65/66B | €379 | €341 | €4k | €23k | €36k | ▲ 53.9% |
| Recurring financial charges65 | €379 | €341 | €4k | €23k | €36k | ▲ 53.9% |
| Profit (loss) for the period before taxes9903 | €9k | €10k | €82k | €818k | €46k | ▼ 94.4% |
| Income taxes67/77 | €2k | €3k | €22k | €219k | €13k | ▼ 94.0% |
| Profit (loss) for the period9904 | €7k | €7k | €60k | €598k | €33k | ▼ 94.5% |
| Profit (loss) for the period to be appropriated9905 | €7k | €7k | €60k | €598k | €33k | ▼ 94.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73k | €115k | €340k | €1.95M | €3.04M | ▲ 56.2% |
| Fixed assets21/28 | €2k | €4k | €48k | €135k | €13k | ▼ 90.7% |
| Intangible fixed assets21 | - | - | €3k | €2k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €2k | €4k | €45k | €121k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €3k | €11k | €15k | €0 | ▼ 100% |
| Furniture and vehicles24 | €2k | €1k | €34k | €105k | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €1k | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | - | €13k | €13k | = |
| Current assets29/58 | €71k | €111k | €291k | €1.81M | €3.03M | ▲ 67.2% |
| Amounts receivable after more than one year29 | - | - | - | €225k | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €225k | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €14k | €36k | €53k | €86k | €341k | ▲ 294% |
| Stocks30/36 | €14k | €36k | €53k | €86k | €341k | ▲ 294% |
| Amounts receivable within one year40/41 | €14k | €58k | €134k | €1.38M | €2.58M | ▲ 87.3% |
| Trade receivables40 | €14k | €41k | €95k | €1.30M | €1.30M | ▲ 0.2% |
| Other amounts receivable41 | €59 | €17k | €39k | €78k | €1.28M | ▲ 1,533% |
| Cash at bank and in hand54/58 | €43k | €17k | €105k | €120k | €102k | ▼ 14.5% |
| Deferred charges and accrued income490/1 | €279 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73k | €115k | €340k | €1.95M | €3.04M | ▲ 56.2% |
| Equity10/15 | €27k | €35k | €94k | €693k | €726k | ▲ 4.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €8k | €16k | €76k | €674k | €707k | ▲ 4.9% |
| Distributable reserves133 | €8k | €16k | €76k | €674k | €707k | ▲ 4.9% |
| Amounts payable17/49 | €46k | €81k | €245k | €1.25M | €2.31M | ▲ 84.7% |
| Amounts payable after more than one year17 | - | - | - | €58k | €35k | ▼ 39.3% |
| Financial debts170/4 | - | - | - | €58k | €35k | ▼ 39.3% |
| Amounts payable within one year42/48 | €44k | €81k | €245k | €977k | €1.91M | ▲ 95.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20k | €23k | ▲ 12.9% |
| Financial debts43 | - | - | €150k | €500k | €350k | ▼ 30.0% |
| Credit institutions430/8 | - | - | €150k | €500k | €350k | ▼ 30.0% |
| Trade debts44 | €39k | €75k | €59k | €145k | €1.51M | ▲ 937% |
| Suppliers440/4 | €39k | €75k | €59k | €145k | €1.51M | ▲ 937% |
| Taxes, remuneration and social security45 | €3k | €3k | €33k | €247k | €13k | ▼ 94.7% |
| Taxes450/3 | €3k | €3k | €22k | €219k | €13k | ▼ 94.0% |
| Remuneration and social security454/9 | - | - | €11k | €28k | €0 | ▼ 100% |
| Other amounts payable47/48 | €1k | €2k | €3k | €64k | €18k | ▼ 71.8% |
| Accrued charges and deferred income492/3 | €2k | - | - | €218k | €370k | ▲ 69.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €7k | €60k | €598k | €33k | ▼ 94.5% |
| + Depreciation and write-downs630 | €140 | €396 | €8k | €32k | €0 | ▼ 100% |
| Operating cash flow (approximation) | €7k | €8k | €67k | €630k | €33k | ▼ 94.8% |
| Investment in fixed assets (approximation) | - | €-3k | €-52k | €-118k | €123k | ▲ 204% |
| Change in cash | - | €-26k | €88k | €15k | €-17k | ▼ 215% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 15 days late
2024
30-09
Financial
Highest result since 2019net €598k ▲900%
Operating result €834k, net result €598k, both a record.
30-09
Financial
Equity above €500kEq €693k ▲634%
5 profitable years in a row build equity to €693k.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ravels · 1 establishment unit since 2018
Ground area
871 m²
Building footprint
450 m²
Volume, LiDAR
2,173 m³
Parcel 13048D0780/00B000, Flanders · tallest building 17.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Greenerthings
since 20182.282.162.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0780/00B000 | Flanders | 871 m² | 1 · 450 m² | 17.0 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 2024 · 3 entries · 1,659 EUR awarded · 1,659 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 888 EUR | 888 EUR |
| 2023 | 1 | 393 EUR | 393 EUR |
| 2022 | 1 | 378 EUR | 378 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 462 companies in sector 28250 we hold annual accounts for 286. 213 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
Founded03-07-2018
Fiscal year end30-09
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
Scores and ratios are computed by Checked and are not a credit decision.