GREENFEVER
Annual accounts 2025
micro format, filed on 29-01-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €1.3m on 30-06-2025in €m
in euro
Position in the sector
-213.9%
Lower than 95% of 39,360 companies in 2025.
0.13
Lower than 95% of 38,044 companies in 2025.
43.7%
Higher than 82% of 38,516 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.3m | 1.1m | 1.5m | 1.6m | 2.2m | 1.8m | 1.6m | 1.7m | 1.7m | 1.6m | 1.5m | 1.5m | 1.3m | 1.3m | 1.2m | 621,112 | 120,745 | |
21/28 |
841,671 | 855,310 | 868,973 | 884,131 | 931,583 | 982,226 | 1.1m | 979,428 | 1.0m | 1.0m | 1.0m | 1.0m | 815,003 | 816,476 | 824,014 | 296,688 | 1,251 | |
21 |
- | - | - | 0 | 18,263 | 36,526 | 54,789 | - | - | - | - | - | - | - | - | - | - | |
22/27 |
51,987 | 65,626 | 79,289 | 94,447 | 115,978 | 147,017 | 164,040 | 189,744 | 214,797 | 223,373 | 217,543 | 247,442 | 274,703 | 276,176 | 284,230 | 296,688 | 1,251 | |
22 |
51,441 | 64,274 | 77,107 | 89,941 | 103,057 | 116,336 | 130,410 | 148,714 | 167,018 | 185,322 | 202,755 | 220,886 | 239,709 | 264,093 | 274,451 | 286,724 | - | |
23 |
546 | 752 | 663 | 2,070 | 6,060 | 11,914 | 13,708 | 16,649 | 20,273 | 15,169 | 3,384 | 10,666 | 14,971 | - | - | - | - | |
24 |
0 | 600 | 1,518 | 2,436 | 6,860 | 18,767 | 19,923 | 24,380 | 27,507 | 22,882 | 11,404 | 15,890 | 20,022 | 12,083 | 9,779 | 9,964 | 1,251 | |
28 |
789,684 | 789,684 | 789,684 | 789,684 | 797,343 | 798,683 | 854,740 | 789,684 | 790,200 | 790,200 | 790,200 | 790,200 | 540,300 | 540,300 | 539,784 | - | - | |
29/58 |
413,845 | 279,895 | 593,475 | 669,490 | 1.3m | 828,914 | 563,333 | 688,695 | 729,276 | 556,332 | 515,043 | 412,778 | 460,250 | 449,742 | 424,947 | 324,424 | 119,495 | |
29 |
90,000 | 90,000 | 90,000 | 133,000 | 253,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 27,089 | 49,419 | 62,755 | 57,713 | 50,000 | - | |
291 |
90,000 | 90,000 | 90,000 | 133,000 | 253,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 27,089 | 49,419 | 62,755 | 57,713 | 50,000 | - | |
40/41 |
258,965 | 161,001 | 15,279 | 50,475 | 817,404 | 179,128 | 515,749 | 237,956 | 212,935 | 28,868 | 9,671 | 19,689 | 75,358 | 242,272 | 190,622 | 86,607 | 107,081 | |
40 |
26,717 | 161,001 | 15,279 | 11,180 | 373,775 | 140,282 | 360,272 | 200,401 | 208,515 | 27,037 | - | 18,063 | 60,466 | 235,950 | 146,383 | 85,796 | 60,760 | |
41 |
232,248 | - | 0 | 39,294 | 443,629 | 38,846 | 155,477 | 37,555 | 4,420 | 1,830 | 9,671 | 1,626 | 14,892 | 6,322 | 44,239 | 811 | 46,321 | |
54/58 |
34,470 | 2,851 | 464,395 | 464,998 | 213,368 | 619,380 | 28,540 | 437,126 | 497,064 | 510,061 | 486,490 | 362,995 | 332,322 | 143,448 | 176,611 | 112,760 | 12,414 | |
490/1 |
30,411 | 26,042 | 23,802 | 21,017 | 19,070 | 17,407 | 6,045 | 612 | 6,278 | 4,403 | 5,882 | 3,006 | 3,152 | 1,267 | - | 75,057 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.3m | 1.1m | 1.5m | 1.6m | 2.2m | 1.8m | 1.6m | 1.7m | 1.7m | 1.6m | 1.5m | 1.5m | 1.3m | 1.3m | 1.2m | 621,112 | 120,745 | |
10/15 |
-2.7m | -3.2m | -3.7m | -7.3m | 1.6m | 1.3m | 1.2m | 1.1m | 1.0m | 997,050 | 962,121 | 924,898 | 814,875 | 798,319 | 770,435 | 99,404 | 60,926 | |
10/11 |
268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 176,200 | 176,200 | 176,200 | 56,200 | 56,200 | |
100 |
- | - | - | - | - | - | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | 268,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | 92,400 | 92,400 | 92,400 | 212,400 | 212,400 | |
12 |
139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | 139,944 | - | - | |
13 |
171,961 | 171,961 | 171,961 | 171,961 | 171,961 | 171,961 | 171,961 | 171,961 | 72,651 | 41,860 | 41,860 | 41,860 | 41,860 | 41,860 | 41,860 | 41,860 | 382 | |
130/1 |
26,860 | 26,860 | 26,860 | 26,860 | 26,860 | 26,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 26,860 | 26,860 | 26,860 | 26,860 | 26,860 | 26,860 | 26,860 | 26,860 | 26,860 | 26,860 | 382 | |
1311 |
26,860 | 26,860 | 26,860 | 26,860 | 26,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 26,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
145,101 | 145,101 | 145,101 | 145,101 | 145,101 | 145,101 | 145,101 | 145,101 | 45,791 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | - | |
14 |
-3.3m | -3.8m | -4.3m | -7.9m | 978,732 | 728,443 | 607,130 | 546,646 | 546,646 | 546,646 | 511,717 | 474,494 | 456,871 | 440,315 | 412,431 | 1,344 | 4,344 | |
16 |
625,681 | 625,681 | 4.7m | 8.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
160/5 |
625,681 | 625,681 | 4.7m | 8.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
625,681 | 625,681 | 4.7m | 8.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
3.3m | 3.7m | 384,819 | 232,916 | 675,189 | 502,193 | 449,268 | 540,972 | 706,433 | 572,855 | 560,665 | 525,522 | 460,378 | 467,899 | 478,527 | 521,708 | 59,819 | |
17 |
82,996 | 101,951 | 121,654 | 140,377 | 315,702 | 332,657 | 348,783 | 364,096 | 378,687 | 392,565 | 405,765 | 418,286 | 276,718 | 292,258 | 307,070 | 321,149 | - | |
170/4 |
82,996 | 101,951 | 121,654 | 140,377 | 315,702 | 332,657 | 348,783 | 364,096 | 378,687 | 392,565 | 405,765 | 418,286 | 276,718 | 292,258 | 307,070 | 321,149 | - | |
42/48 |
3.2m | 3.6m | 263,165 | 92,539 | 345,884 | 152,541 | 85,681 | 162,701 | 313,235 | 169,660 | 143,218 | 94,695 | 183,660 | 175,641 | 171,456 | 200,559 | 59,819 | |
42 |
18,955 | 19,702 | 18,723 | 17,825 | 16,955 | 16,126 | 15,313 | 14,591 | 13,878 | 13,200 | 12,522 | 14,944 | 14,598 | 13,916 | 14,079 | 13,462 | - | |
43 |
- | - | - | - | - | - | - | - | - | 491 | - | - | - | - | - | 37,817 | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 491 | - | - | - | - | - | 37,817 | - | |
44 |
6,420 | 2,836 | 11,312 | 48,324 | 76,743 | 58,495 | 64,050 | 67,009 | 19,641 | 26,946 | 62,272 | 31,238 | 89,867 | 113,807 | 96,184 | 81,971 | 56,910 | |
440/4 |
6,420 | 2,836 | 11,312 | 48,324 | 76,743 | 58,495 | 64,050 | 67,009 | 19,641 | 26,946 | 62,272 | 31,238 | 89,867 | 113,807 | 96,184 | 81,971 | 56,910 | |
45 |
2,351 | 4,043 | 233,130 | 67 | 151,296 | 77,920 | 3,953 | 78,460 | 139,305 | 127,789 | 68,425 | 48,197 | 77,691 | 17,918 | 21,193 | 30,430 | 2,909 | |
450/3 |
2,351 | 4,043 | 233,130 | 67 | 75,610 | 31,536 | - | 78,460 | 79,373 | 73,958 | 46,057 | 24,830 | 47,542 | 7,544 | 21,193 | 30,430 | 2,909 | |
454/9 |
- | - | - | 0 | 75,686 | 46,384 | 3,953 | - | 59,932 | 53,830 | 22,368 | 23,367 | 30,149 | 10,375 | - | - | - | |
47/48 |
3.2m | 3.6m | 0 | 26,324 | 100,891 | - | 2,366 | 2,642 | 140,411 | 1,234 | - | 316 | 1,504 | 30,000 | 40,000 | 36,880 | - | |
492/3 |
0 | 150 | - | 0 | 13,602 | 16,995 | 14,804 | 14,175 | 14,511 | 10,631 | 11,682 | 12,540 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
625,642 | - | - | - | - | - | 1,538 | - | - | - | - | 317 | - | - | 368,600 | - | - | |
9900 |
-3.1m | -927,112 | -3.9m | 8.8m | 765,087 | 442,558 | 163,346 | 464,713 | 794,996 | 500,769 | 369,978 | 411,679 | 379,270 | 160,778 | 154,332 | 96,067 | 10,356 | |
62 |
- | 0 | 943 | 284,627 | 356,610 | 196,238 | 8,114 | 219,006 | 529,834 | 382,723 | 248,935 | 322,028 | 290,673 | 66,513 | - | - | - | |
630 |
13,639 | 14,638 | 15,158 | 18,466 | 53,522 | 44,627 | 46,267 | 32,683 | 29,117 | 25,500 | 31,786 | 35,268 | 33,404 | 25,096 | 21,152 | 32,473 | 1,908 | |
631/4 |
-3.8m | -1.0m | -3.9m | 158,380 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
635/8 |
0 | -4.1m | -3.9m | 8.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
4,008 | 6,940 | 329 | 7,052 | 2,307 | 2,297 | 2,467 | 3,993 | 3,666 | 2,010 | 2,007 | 1,796 | 2,982 | 1,348 | 1,808 | 468 | 695 | |
66A |
69,481 | 3.8m | 0 | 21,327 | - | - | 1,660 | - | - | - | - | - | 989 | - | - | - | - | |
9901 |
619,510 | 451,171 | 3.9m | -281,810 | 352,648 | 199,396 | 104,838 | 209,031 | 232,380 | 90,536 | 87,249 | 52,586 | 52,211 | 67,822 | 131,373 | 63,127 | 7,753 | |
75/76B |
4,267 | 5,655 | 4,747 | 19,552 | 12,615 | 1,629 | 2,095 | 1,235 | 1,275 | 1,651 | 2,548 | 4,989 | 6,316 | 8,484 | 5,430 | 3,307 | 48 | |
75 |
4,267 | 5,655 | 4,747 | 19,552 | 12,615 | 1,629 | 2,095 | 1,235 | 1,275 | 1,651 | 2,548 | 4,989 | 6,316 | 8,484 | 5,430 | 3,307 | 48 | |
65/66B |
75,233 | 20,437 | 8,467 | 8.6m | 25,155 | 25,358 | 28,127 | 26,756 | 27,729 | 30,373 | 28,722 | 25,906 | 16,129 | 15,930 | 33,078 | 7,985 | 158 | |
65 |
75,233 | 20,437 | 8,467 | 8.6m | 25,155 | 25,358 | 28,127 | 26,756 | 27,729 | 30,373 | 28,722 | 25,906 | 16,129 | 15,930 | 33,078 | 7,985 | 158 | |
9903 |
548,544 | 436,389 | 3.9m | -8.9m | 340,108 | 175,668 | 78,806 | 183,510 | 205,925 | 61,815 | 61,075 | 31,987 | 41,410 | 60,377 | 472,325 | 58,449 | 7,643 | |
67/77 |
0 | 345 | 230,419 | -139 | 89,819 | 54,354 | 18,322 | 81,896 | 35,134 | 26,886 | 23,852 | 14,363 | 16,812 | 2,493 | 21,238 | 19,971 | 2,916 | |
9904 |
548,544 | 436,045 | 3.6m | -8.9m | 250,289 | 121,313 | 60,484 | 101,614 | 170,791 | 34,929 | 37,223 | 17,623 | 24,597 | 57,884 | 451,086 | 38,478 | 4,726 | |
9905 |
548,544 | 436,045 | 3.6m | -8.9m | 250,289 | 121,313 | 60,484 | 101,614 | 170,791 | 34,929 | 37,223 | 17,623 | 24,597 | 57,884 | 451,086 | 38,478 | 4,726 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-3.3m | -3.8m | -4.3m | -7.9m | 978,732 | 728,443 | 607,130 | 648,260 | 717,437 | 546,646 | 511,717 | 474,494 | 456,871 | 470,315 | 452,431 | 42,822 | 4,726 | |
14P |
-3.8m | -4.3m | -7.9m | 978,732 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 101,614 | 30,791 | - | - | - | - | - | - | 41,478 | 382 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26,478 | 382 | |
6921 |
- | - | - | - | - | - | - | 101,614 | 30,791 | - | - | - | - | - | - | 15,000 | - | |
694/7 |
- | - | - | - | - | - | - | - | 140,000 | - | - | - | - | 30,000 | 40,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | 140,000 | - | - | - | - | 30,000 | 40,000 | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | 0 | 0 | 3.3 | 7.4 | 4.2 | 0.1 | 4.8 | 9.7 | 7 | 4.4 | 5.5 | 5.5 | 1.5 | - | - | - | |
Hours worked1013 |
- | - | - | 5,723 | 12,374 | 7,441 | 246 | 7,061 | 14,359 | 10,880 | 6,746 | 8,309 | 8,770 | 1,870 | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00028894 | |
| 30-06-2024 | abbreviated format | 30-01-2025 | 2025-00020967 | |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00022172 | |
| 30-06-2022 | abbreviated format | 30-12-2022 | 2023-20551677 | |
| 30-06-2021 | abbreviated format | 03-01-2022 | 2022-00100452 | |
| 30-06-2020 | abbreviated format | 26-02-2021 | 2021-06400572 | |
| 30-06-2019 | abbreviated format | 10-02-2020 | 2020-04700386 | |
| 30-06-2018 | abbreviated format | 20-12-2018 | 2018-75400490 | |
| 30-06-2017 | abbreviated format | 31-01-2018 | 2018-04000003 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-02600409 | |
| 30-06-2015 | abbreviated format | 15-01-2016 | 2016-01600535 | |
| 30-06-2014 | abbreviated format | 15-01-2015 | 2015-01200190 | |
| 30-06-2013 | abbreviated format | 17-02-2014 | 2014-03600442 | |
| 30-06-2012 | abbreviated format | 11-02-2013 | 2013-03000286 | |
| 30-06-2011 | abbreviated format | 15-02-2012 | 2012-03700432 | |
| 30-06-2010 | abbreviated format | 27-01-2011 | 2011-01500469 | |
| 30-06-2009 | abbreviated format | 28-01-2010 | 2010-03200229 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 633,150 | 465,809 | 3.9m | -263,344 | 406,170 | 244,023 | 151,104 | 241,714 | 261,496 | 116,036 | 119,036 | 87,854 | 85,615 | 92,918 | 152,525 | 95,599 | 9,661 | ||
| 562,183 | 450,682 | 3.7m | -8.9m | 303,811 | 165,940 | 106,751 | 134,297 | 199,908 | 60,428 | 69,009 | 52,891 | 58,002 | 82,980 | 472,238 | 70,950 | 6,634 | ||
| 0 | 975 | 0 | -28,986 | 4,220 | 18,284 | 152,328 | 8,139 | 20,541 | 31,330 | 2,053 | 257,907 | 32,920 | 17,557 | 408,534 | 327,910 | 2,365 | ||
| 31,618 | -461,543 | -603 | 251,630 | -406,012 | 590,840 | -408,587 | -59,937 | -12,997 | 23,571 | 123,495 | 30,673 | 188,874 | -33,163 | 63,851 | 100,346 | - | ||
| -2.8m | -3.4m | 330,310 | 576,950 | 956,957 | 676,374 | 477,652 | 525,994 | 416,041 | 386,672 | 371,824 | 318,083 | 276,590 | 274,101 | 253,490 | 123,865 | 59,676 | ||
| -213.9% | -284.9% | -251.0% | -471.0% | 69.8% | 72.3% | 72.6% | 67.6% | 59.3% | 63.5% | 63.2% | 63.8% | 63.9% | 63.0% | 61.7% | 16.0% | 50.5% | ||
| 0.13 | 0.08 | 2.26 | 7.23 | 3.77 | 5.43 | 6.57 | 4.23 | 2.33 | 3.28 | 3.60 | 4.36 | 2.51 | 2.56 | 2.48 | 1.62 | 2.00 | ||
| - | - | - | - | 0.43 | 0.38 | 0.38 | 0.48 | 0.69 | 0.57 | 0.58 | 0.57 | 0.56 | 0.59 | 0.62 | 5.25 | 0.98 | ||
| - | - | - | - | 16.1% | 9.3% | 5.1% | 9.0% | 16.6% | 3.5% | 3.9% | 1.9% | 3.0% | 7.3% | 58.5% | 38.7% | 7.8% | ||
| 43.7% | 38.4% | 249.4% | -571.4% | 11.2% | 6.7% | 3.7% | 6.1% | 9.8% | 2.2% | 2.4% | 1.2% | 1.9% | 4.6% | 36.1% | 6.2% | 3.9% | ||
| 8.42 | 22.79 | over 100 | -0.03 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 30-06-2022 |
|---|---|
| 3.3 | |
| Joined | 0 |
| Left | 10 |
Source: social balance sheet in the 2022 annual accounts
Securities and guarantees
on own assets and for others| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Mortgages, amount registered | €392,770 | €392,770 | €392,770 | €392,770 |
| Carrying value of the mortgaged assets | €43,200 | €54,000 | €64,800 | €75,600 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €975 | - | - |
| €13,639 | €14,638 | €15,158 | €18,466 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on GREENFEVER
The operating result for 2025 is 37% higher than in 2024. It is a recovery after the fall in 2024.
Equity is negative. Debt (€3.3m) exceeds the balance-sheet total (€1.3m).