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GREENFLEX

Active
Private limited companyfounded 2014active for 12 yearsOvenhoek 49, 8800 Roeselare, BelgiumKBO/BCE: BE 0560.761.552
Summary

GREENFLEX has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215,229 and a net result of €102,098. Equity is growing by about 47% per year across the filed financial years. Its solvency ranks better than 30% of 196 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of textiles
NACE 13960Wholesale trade NACE 46419
1 site
Size
€760,055total assets 2025
Staff
2.1 FTE
Equity
€215,229
Profit
€102,098
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
  • VIURADirector · permanent representative VANGROENWEGHE Piet
2025 accounts 11 days early1 of 3 deeds summarised
Why 94lowers riskFigures for financial year 2025 (filed 20-07-2026)Size: 2.1 FTE, total assets €760,055Liquidity: current ratio 2.37, cash €93,837, halvedSector: Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 13, micro)
Financial strength · tick = 2024
Strong
Solvency 53+13
equity 28.3% of total assets
Liquidity 46-14
short-term debt 40.8% · cash 12.3%
Profitability 86+8
return on assets 13.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (494 companies, NACE 13, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.37, compared with 1.8 in 2024, above the usual 1.5; short-term debt: 40.8% and cash: 12.3% of total assets), but 71.7% 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 13, micro): better than 33% on solvency, 35% on liquidity, 78% on profitability and 94% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskneutral
lowers risk · Figures for financial year 2025 (filed 20-07-2026)
NBB · annual accounts
lowers risk · Size: 2.1 FTE, total assets €760,055
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.37, cash €93,837, halved
NBB · annual accounts
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
13 days early
2023
21 days early
2022
31 days early
2021
11 days early
2020
31 days early
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €102,098 ▲89.7%
  3. Equity above €200,000equity €215,229 ▲90.2%

Key points

  • Positive: Equity rose in 2025from €113,131 to €215,229 ▲ 90.2% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • Positive: 5 profitable years in a rowprofit 2025: €102,098 5 years View

By topic

Financials

Financial year
2025
Total assets
€760,055
Profit
€102,098
Solvency
28.3%
Total assets▲ 1.6%
Net result
20182025
Go to Financials

Timeline

Events
18
Since
2016
Next accounts
by 31-07-2027
  1. 18-07-2025Annual accounts filed
  2. 31-12-2024Equity above €100,000
  3. 10-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of textilesNACE 13960
Founded
22-07-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Annual meeting
Second Friday of June at 20:00
Purpose
“Het vervaardigen,de groot-en kleinhandel,de in- en uitvoer,de aan- en verkoop en bewerking…” (deed in Dutch)
Go to Articles of association

Key facts about GREENFLEX

What is the company number of GREENFLEX?
0560.761.552. In Belgium the VAT number is the company number with BE in front: BE 0560.761.552.
Where is GREENFLEX based?
The registered office is at Ovenhoek 49, 8800 Roeselare.Company details
What does GREENFLEX do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13960).
What is the legal form of GREENFLEX?
Private limited company (BV).
When was GREENFLEX founded?
On 22-07-2014.
Is GREENFLEX still active?
Yes, GREENFLEX is an active enterprise in the KBO register.
How many employees does GREENFLEX have?
On average 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GREENFLEX?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GREENFLEX profitable?
In financial year 2025, GREENFLEX made a profit of €102,098.
Where can I find the annual accounts of GREENFLEX?
GREENFLEX filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GREENFLEX due?
By 31-07-2027, for financial year 2026.Timeline

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