Equity
GREENFEED paid out €26,224 in dividends. That is 104% of the 2025 profit.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 82, micro). It does better than 27% of them on solvency, 33% on liquidity, 87% on profitability and 22% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 7,976 companies had the same profile as GREENFEED has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GREENFEED itself is lower: 0.7% within 12 months. It rests on far more data about GREENFEED than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for GREENFEED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.96 (0.93 in 2024), below 1. Short-term debt is 81.7% and cash 34.6% of total assets. 81.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 29 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| GREENFEED Brussels | €46,567 | €34,252 | 18.3% | - |
| ARDIZZONE SOLUTIONS Anderlecht | €52,187 | €39,486 | 55.5% | - |
| ESPOZ Sint-Gillis (bij-Brussel) | €56,548 | €38,110 | 71.2% | - |
| MAJUA Consult Evere | €45,286 | €38,404 | -16.1% | - |
| BIZMIND Ramillies | €48,497 | €32,764 | 73.8% | - |
| VIPPRO Waasmunster | €43,733 | €35,302 | 71.7% | - |
| CLEA CONCEPT Ans | €52,693 | €35,443 | 65.2% | - |
These companies have the same main activity as GREENFEED: other business support services (NACE 82990). They are comparable in size and age: total assets between €43,700 and €56,500, founded between 2022 and 2023.
GREENFEED files the micro format. That format states no turnover. The gross margin rose from -€1,439 in 2023 to €34,252 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €89,000. Estimated: probably between €55,000 and €120,000.
Higher than 26% of 9,695 companies in 2025.
Higher than 25% of 9,313 companies in 2025.
Higher than 90% of 9,437 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
46,567 | 18,099 | 13,034 | |
21/28 |
10,252 | 11,152 | 9,945 | |
21 |
5,945 | 7,945 | 9,945 | |
22/27 |
4,307 | 3,206 | - | |
23 |
2,599 | 3,206 | - | |
24 |
1,708 | - | - | |
29/58 |
36,315 | 6,947 | 3,089 | |
29 |
19,500 | - | - | |
291 |
19,500 | - | - | |
40/41 |
698 | - | 2,534 | |
40 |
542 | - | - | |
41 |
156 | - | 2,534 | |
54/58 |
16,117 | 6,925 | 542 | |
490/1 |
- | 22 | 13 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
46,567 | 18,099 | 13,034 | |
10/15 |
8,542 | 10,627 | 2,482 | |
10/11 |
4,000 | 4,000 | 4,000 | |
14 |
1,542 | 2,627 | -1,518 | |
15 |
3,000 | 4,000 | - | |
17/49 |
38,025 | 7,472 | 10,552 | |
42/48 |
38,025 | 7,472 | 10,552 | |
44 |
1,842 | 4,141 | 52 | |
440/4 |
1,842 | 4,141 | 52 | |
45 |
15,990 | 2,788 | - | |
450/3 |
15,990 | 2,788 | - | |
47/48 |
20,192 | 542 | 10,500 | |
| Income statement | ||||
9900 |
34,252 | 6,963 | -1,439 | |
630 |
3,102 | 2,061 | 55 | |
9901 |
31,150 | 4,903 | -1,494 | |
75/76B |
559 | - | - | |
75 |
559 | - | - | |
65/66B |
76 | 58 | 24 | |
65 |
76 | 58 | 24 | |
9903 |
31,633 | 4,845 | -1,518 | |
67/77 |
6,494 | 700 | - | |
9904 |
25,138 | 4,145 | -1,518 | |
9905 |
25,138 | 4,145 | -1,518 | |
| Appropriation of the result | ||||
9906 |
27,765 | 2,627 | -1,518 | |
14P |
2,627 | -1,518 | - | |
694/7 |
26,224 | - | - | |
694 |
26,224 | - | - | |
| Social balance sheet | ||||
Hours worked1013 |
- | - | 0 | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.
2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00428258.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 34,252 | 6,963 | -1,439 | ||
| 28,240 | 6,206 | -1,463 | ||
| 2,202 | 3,267 | 10,000 | ||
| 9,191 | 6,384 | - | ||
| -1,710 | -525 | -7,463 | ||
| 18.3% | 58.7% | 19.0% | ||
| 0.96 | 0.93 | 0.29 | ||
| 4.45 | 0.70 | 4.25 | ||
| 294.3% | 39.0% | -61.2% | ||
| 54.0% | 22.9% | -11.6% | ||
| over 100 | over 100 | -60.61 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2023 annual accounts
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €2,202 | €3,267 | - |
| Intangible fixed assets | - | - | €10,000 |
| €3,102 | €2,061 | €55 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is nearly 6.4 times that of 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total rises from 41.3% to 81.7%. Equity is lower and debt is higher.
GREENFEED has no parent and no holdings in its annual accounts. ALI CHAOUCH Yannis is the only director.
| SMILE
registered office since 25-11-2025 |
founded in 2020 0758.621.459 |
| ASSOCIATION DES COPROPRIETAIRES SAMARITAINE 54
registered office since 22-07-2025 |
founded in 2025 1025.825.379 |
| Festival International de l'Enfance et de la Jeunesse Section francophone via Barbara DECUPERE, at GREENFEED until 2024 · Day-to-day manager · deed of 05-07-2024 |
founded in 1984 |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
GREENFEED was incorporated on 23 June 2023 as a private limited company by two natural persons, with a starting capital of €4,000.12 The registered office was moved to Brussels in 2025.3 Since 2023, ALI CHAOUCH Yannis has served as director.4 Total assets rose from €13,034 in 2023 to €46,567 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Samaritanessestraat 54 registered office 1000 Brussels | 23-06-2023 | 2.351.914.755 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21808H1246/00F000 | 40 m² | 1 · 34 m² | 13.8 m · 4 |
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