GREENFLEX
GREENFLEX has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215k and a net result of €102k. Equity is growing by ~90.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 170 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €215k |
| Net result | €102k |
| Staff (FTE) | 2.1 |
| Better than sector | 29% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.3% | 52.4% | |
| Net result | €102k | €39k | |
| Equity | €215k | €544k | |
| Gross operating margin | €313k | €316k | |
| Staff costs | €152k | €229k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €160k | €93k | €88k | €111k | €123k |
| Net profit | €102k | €54k | €48k | €86k | €94k |
| Cash flow | €118k | €67k | €68k | €106k | €122k |
| Staff costs | €152k | €188k | €124k | €67k | €40k |
| Income taxes | €38k | €21k | €20k | €5k | €537 |
| Dividends | - | - | - | - | - |
| Total assets | €760k | €748k | €821k | €759k | €572k |
| Equity | €215k | €113k | €59k | €11k | €-75k |
| Debt | €545k | €635k | €762k | €748k | €647k |
| of which ≤ 1y | €310k | €400k | €381k | €496k | €412k |
| of which > 1y | €235k | €235k | €235k | €235k | €235k |
| Working capital | €424k | €321k | €409k | €215k | €98k |
| Employees (FTE) | 2.1 | 2.8 | 2.0 | 1.4 | 1.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.37 | 1.80 | 2.07 | 1.43 | 1.24 |
| Quick ratio | 0.84 | 1.02 | 1.03 | 0.47 | 0.56 |
| Working capital ratio | 55.7% | 42.9% | 49.8% | 28.3% | 17.1% |
| Solvency | 28.3% | 15.1% | 7.2% | 1.4% | -13.1% |
| Debt / equity | 2.53 | 5.61 | 12.84 | 68.86 | -8.61 |
| Long-term debt ratio | 1.09 | 2.08 | 3.96 | 21.63 | -3.13 |
| Interest coverage | 33.79 | 19.87 | 86.48 | 90.49 | 145.82 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 13.4% | 7.2% | 5.9% | 11.3% | 16.4% |
| ROE | 47.4% | 47.6% | 81.7% | 791.5% | -124.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €760k | €748k | €821k | €759k | €572k |
| Fixed assets | 21/28 | €27k | €27k | €32k | €49k | €62k |
| Tangible fixed assets | 22/27 | €27k | €27k | €32k | €48k | €62k |
| Financial fixed assets | 28 | - | - | - | €1k | - |
| Current assets | 29/58 | €733k | €720k | €790k | €711k | €510k |
| Stocks & contracts in progress | 3 | €474k | €313k | €397k | €479k | €277k |
| Amounts receivable within one year | 40/41 | €158k | €169k | €146k | €78k | €74k |
| Cash & bank | 54/58 | €94k | €223k | €244k | €150k | €157k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €760k | €748k | €821k | €759k | €572k |
| Equity | 10/15 | €215k | €113k | €59k | €11k | €-75k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €197k | €95k | €41k | - | - |
| Accumulated profits (losses) | 14 | - | - | - | €-8k | €-94k |
| Amounts payable | 17/49 | €545k | €635k | €762k | €748k | €647k |
| Amounts payable after one year | 17 | €235k | €235k | €235k | €235k | €235k |
| Amounts payable within one year | 42/48 | €310k | €400k | €381k | €496k | €412k |
| Trade debts payable within one year | 44 | €90k | €197k | €152k | €196k | €128k |
| Income statement | ||||||
| Gross operating margin | 9900 | €313k | €283k | €216k | €179k | €165k |
| Operating result | 9901 | €144k | €80k | €68k | €91k | €95k |
| Financial income | 75 | €820 | €213 | €973 | €1k | €62 |
| Financial charges | 65 | €5k | €5k | €1k | €1k | €845 |
| Result before taxes | 9903 | €140k | €75k | €68k | €91k | €94k |
| Income taxes | 67/77 | €38k | €21k | €20k | €5k | €537 |
| Net result for the period | 9904 | €102k | €54k | €48k | €86k | €94k |
| Result to be appropriated | 9905 | €102k | €54k | €48k | €86k | €94k |
| NACE primary | Manufacture of textiles(13960) |
| Legal form | Private limited company(610) |
| Incorporation | 22-07-2014 |
| Status | Active |
| Postal code | 8800 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36504D0445/00F000 | Flanders | 3,488 m² | 1 · 964 m² | 0.2 m |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
21-12-2023 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_pending",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_pending",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Karel Vandeputte",
"firm_city": null,
"firm_name": null,
"office_city": "Roeselare",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-21",
"filing_date": "2023-12-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-08",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0560.761.552",
"name_full": "GREENFLEX",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0413.258.107",
"org_name": "Fiduciaire Omez",
"person_name": null,
"org_rep_person_name": "Kurt Lemmens",
"person_role_at_subject": null
},
"co_filed_documents": [
"Expeditie van de statutenwijziging",
"Geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | GREENFLEX |