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GreenGround

Active
Private limited company (pre-2019)founded 201214 yrs activeOude Heirbaan 27, 9800 Deinze, BelgiumKBO/BCE: BE 0843.336.212

GreenGround has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €-16k. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 7694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
67 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+3
Solvency74▼-26
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 3.76 in 2024; short-term debt: 51.2% and cash: 11.8% of total assets), and 51.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
48.8%
Return on assets
-7.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-16k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
32 d early
2023
34 d early
2022
36 d early
2021
212 d late
2020
11 d late
2019
21 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€103k▼ 55.6%
2024 · €233k
2019: €273k 2020: €196k 2021: €222k 2022: €321k 2023: €261k 2024: €233k
2019 → 2025
Total assets
€212k▼ 25.0%
2024 · €283k
2019: €481k 2020: €396k 2021: €322k 2022: €421k 2023: €312k 2024: €283k
2019 → 2025
Net result
€-16k▲ 42.6%
2024 · €-28k
2019: €-36k 2020: €-77k 2021: €27k 2022: €104k 2023: €-61k 2024: €-28k
2019 → 2025
Working capital
€41k▼ 70.2%
2024 · €138k
2019: €114k 2020: €76k 2021: €196k 2022: €181k 2023: €139k 2024: €138k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€222k-€321k▲ 44.7%€261k▼ 18.9%€233k▼ 10.7%€103k▼ 55.6%
Operating result€38k-€114k▲ 197%€-63k€-24k▲ 62.0%€-21k▲ 11.7%
Net result€27k-€104k▲ 293%€-61k€-28k▲ 54.0%€-16k▲ 42.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50k€100kOperating result 2021: €38k€38kNet result 2021: €27k€27kOperating result 2022: €114k€114kNet result 2022: €104k€104kOperating result 2023: €-63k€-63kNet result 2023: €-61k€-61kOperating result 2024: €-24k€-24kNet result 2024: €-28k€-28kOperating result 2025: €-21k€-21kNet result 2025: €-16k€-16k20212022202320242025
The operating result stays negative: a loss of €21k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212k
Fixed assets €62k▼ 34.2%
Current assets €150k▼ 20.4%
Equity and liabilities €212k
Equity €103k▼ 55.6%
Debt €109k▲ 117%
The debt ratio rises from 17.7% to 51.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€13k
2024 · €10k
Cash flow
€18k
2024 · €6k
Solvency
48.8%
2024 · 82.3%
Current ratio
1.38
2024 · 3.76
Quick ratio
1.38
2024 · 3.76
Debt / equity
1.05
2024 · 0.22
ROE
-15.5%
2024 · -12.0%
ROA
-7.5%
2024 · -9.9%
Interest coverage
52.92
2024 · 51.75
Debt
€109k
2024 · €50k
Debt ≤ 1 year
€109k
2024 · €50k
Income taxes
€-5k
2024 · €5k
Staff costs
€15k
2024 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€283k€212k
Fixed assets21/28€95k€62k
Tangible fixed assets22/27€95k€62k
Plant, machinery and equipment23€34k€24k
Furniture and vehicles24€54k€34k
Other tangible fixed assets26€6k€4k
Financial fixed assets28€100€100=
Current assets29/58€188k€150k
Amounts receivable within one year40/41€159k€125k
Trade receivables40€152k€124k
Other amounts receivable41€7k€955
Cash at bank and in hand54/58€29k€25k
Equity and liabilities
Total equity and liabilities10/49€283k€212k
Equity10/15€233k€103k
Contributions10/11€12k€19k
Reserves13€263k€144k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€205k€86k
Profit (loss) carried forward14€-43k€-59k
Amounts payable17/49€50k€109k
Amounts payable within one year42/48€50k€109k
Trade debts44€25k€8k
Suppliers440/4€25k€8k
Taxes, remuneration and social security45€16k€1k
Taxes450/3€7k-
Remuneration and social security454/9€9k€1k
Other amounts payable47/48€9k€100k
Income statement Code20242025
Non-recurring operating income76A-€24k
Remuneration, social security and pensions62€56k€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k
Other operating charges640/8€4k€1k
Non-recurring operating charges66A€239-
Gross operating margin9900€70k€29k
Operating profit (loss)9901€-24k€-21k
Financial income75/76B€1k€230
Recurring financial income75€1k€230
Financial charges65/66B€192€240
Recurring financial charges65€192€240
Profit (loss) for the period before taxes9903€-23k€-21k
Income taxes67/77€5k€-5k
Profit (loss) for the period9904€-28k€-16k
Profit (loss) for the period to be appropriated9905€-28k€-16k
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-59k
Profit (loss) brought forward from the previous period14P€-15k€-43k
Transfer from equity791/2-€120k
Profit to be distributed694/7-€120k
Return on contributions (dividend)694-€120k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
23-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
30-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
28-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
26-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 212 days late
30-06
Financial Highest result since 2019net €104k ▲293%
Operating result €114k, net result €104k, both a record.
2021
30-06
Financial Back to profitnet €27k
Net result €27k after 2 loss-making years.
30-06
Financial Liquidity doublescurrent ratio 2.96
Current ratio from 1.38 to 2.96; short-term debt falls from €201k to €100k.
30-06
Financial Equity above €200kEq €222k ▲13.6%
Equity rises from €196k to €222k.
11-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
30-06
Financial Weakest financial yearnet €-77k
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
21-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
06-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 34 days late
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
16-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oude Heirbaan 279800 Deinze
Ground area
994 m²
Building footprint
178 m²
Volume, LiDAR
847 m³
Parcel 44026A0430/00E002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GreenGround
Oude Heirbaan 27, 9800 DeinzeSite preparation
since 20122.206.729.214
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44026A0430/00E002 Flanders 994 m² 1 · 178 m² 7.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 7,185 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-2012
Fiscal year end30-06
Activities, NACEBEL
82990Other business support services
69109Other legal services
70200Business and other management consultancy
70220Business consulting
71113Urban planning and landscape architecture
81300Landscape service activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.