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GREENFARMERZ

Active
Private limited company (pre-2019)founded 2018active for 7 yearsPierre Decosterstraat 96, 1190 Vorst, Belgium37 active companies are registered at this addressKBO/BCE: BE 0713.912.080
Summary

The computed 12-month bankruptcy probability of GREENFARMERZ is 6.5% (elevated). The 2024 annual accounts show equity of €23,972 and a net result of -€14,747. Equity is growing by about 8.1% per year across the filed financial years. Its solvency ranks better than 11% of 35,968 sector peers (NACE 43, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other construction installation
NACE 43240Specialised construction activities NACE 43213
1 site
Size
€468,770total assets 2024
Equity
€23,972
Loss
-€14,747
Turnover not published (micro format)
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.5%
Structure
Accounts 75 days overdue0 of 2 deeds read
Why 33raises riskFigures for financial year 2024 (filed 01-10-2025)1 financial year not filed after the legal deadline; latest accounts 62 days late; 1 of the last 3 lateLiquidity: current ratio 1.05lowers riskSize: total assets €468,770Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 9% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 30-15
equity 5.1% of total assets
Liquidity 0-12
short-term debt 93.5%
Profitability 15-56
return on assets -3.1%
Bankruptcy probability, 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,540 companies, NACE 43, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.5%▼ -0.4 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.6%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%▼ -0.1 percentage points vs 04-2025 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.6%▲ +0.2 percentage points vs 06-2025 08-2025: 3.2%▲ +0.6 percentage points vs 07-2025 09-2025: 3.3%▲ +0.1 percentage points vs 08-2025 10-2025: 4.7%▲ +1.4 percentage points vs 09-2025 11-2025: 4.3%▼ -0.4 percentage points vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.2%▼ -0.1 percentage points vs 03-2026 05-2026: 4.1%▼ -0.1 percentage points vs 04-2026 06-2026: 4.0%▼ -0.1 percentage points vs 05-2026 07-2026: 3.6%▼ -0.4 percentage points vs 06-2026 08-2026: 4.3%▲ +0.7 percentage points vs 07-2026 09-2026: 4.5%▲ +0.2 percentage points vs 08-2026 10-2026: 6.5%▲ +2.0 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.05, compared with 1.28 in 2023, below the usual 1.5; short-term debt: 93.5% of total assets), and 94.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 11% on solvency, 1% on liquidity, 13% on profitability and 11% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 01-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 62 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.05
NBB · annual accounts
lowers risk · Size: total assets €468,770
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 35968 sector peers (2024).
NBB · sector comparison
Position among 35968 sector peers
Solvency
better than 11%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
62 days late
2023
29 days late
2022
30 days late
2021
177 days late
2019
294 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 118 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€14,747
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Among the weakest 10% on net resultsector median €9,454 · 35,938 companies -€14,747 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Total assets 20245 financial years filed €468,770 View

By topic

Financials

Financial year
2024
Total assets
€468,770
Loss
-€14,747
Solvency
5.1%
Total assets▲ 144%
Net result
20192024
Go to Financials

Timeline

Events
7
Since
2021
  1. 30-08-2023Annual accounts filed
  2. 24-01-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Other construction installationNACE 43240
Founded
26-11-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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