Summary
GREENHILL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show a net result of -€64,908. Equity is shrinking by ~60.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 61 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
- 2023 Net result +51% on 2022. The previous fiscal year ran 18 months, this one 12.
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €8,243 | - |
| Other operating charges640/8 | - | €349 | €196 | €1 | - | - |
| Gross operating margin9900 | -€3,902 | -€39,486 | -€10,386 | -€7,520 | -€8,243 | ▼ 9.6% |
| Operating profit (loss)9901 | -€4,980 | -€39,835 | -€10,582 | -€7,522 | -€8,243 | ▼ 9.6% |
| Financial charges65/66B | - | €262,116 | €136,895 | €49,835 | €56,665 | ▲ 13.7% |
| Recurring financial charges65 | €1,597 | €262,116 | €136,895 | €49,835 | €56,665 | ▲ 13.7% |
| Profit (loss) for the period before taxes9903 | -€6,578 | -€301,951 | -€147,477 | -€57,357 | -€64,908 | ▼ 13.2% |
| Profit (loss) for the period9904 | -€6,578 | -€301,951 | -€147,477 | -€57,357 | -€64,908 | ▼ 13.2% |
| Profit (loss) for the period to be appropriated9905 | -€6,578 | -€301,951 | -€147,477 | -€57,357 | -€64,908 | ▼ 13.2% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €156,662 | €5.7m | €483,068 | €558,106 | €530,898 | ▼ 4.9% |
| Fixed assets21/28 | €47,496 | €275,956 | €291,781 | €341,487 | €343,887 | ▲ 0.7% |
| Tangible fixed assets22/27 | €47,496 | €275,956 | €291,781 | €341,378 | €343,778 | ▲ 0.7% |
| Land and buildings22 | - | €47,496 | €47,496 | €47,496 | €47,497 | = |
| Assets under construction and advance payments27 | - | €228,459 | €244,284 | €293,881 | €296,281 | ▲ 0.8% |
| Financial fixed assets28 | - | - | - | €109 | €109 | = |
| Current assets29/58 | €109,166 | €5.4m | €191,288 | €216,619 | €187,011 | ▼ 13.7% |
| Amounts receivable within one year40/41 | - | €16,594 | €112,777 | €115,171 | €110,100 | ▼ 4.4% |
| Trade receivables40 | - | €940 | €111,820 | €110,000 | €110,000 | = |
| Other amounts receivable41 | - | €15,654 | €957 | €5,171 | €100 | ▼ 98.1% |
| Cash at bank and in hand54/58 | €109,166 | €5.4m | €78,402 | €101,221 | €76,911 | ▼ 24.0% |
| Deferred charges and accrued income490/1 | - | - | €109 | €227 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €156,662 | €5.7m | €483,068 | €558,106 | €530,898 | ▼ 4.9% |
| Equity10/15 | €155,862 | -€146,090 | -€293,566 | -€350,923 | - | - |
| Contributions10/11 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Capital10 | - | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Issued capital100 | - | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Revaluation surpluses12 | - | €47,496 | €47,496 | €47,496 | €47,497 | = |
| Reserves13 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Non-distributable reserves130/1 | - | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Legal reserve130 | - | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Profit (loss) carried forward14 | €18,576 | -€283,375 | -€430,852 | -€488,209 | -€553,117 | ▼ 13.3% |
| Amounts payable17/49 | €800 | €5.9m | €776,635 | €909,029 | €946,729 | ▲ 4.1% |
| Amounts payable after more than one year17 | - | €5.6m | €629,611 | €699,611 | €699,612 | = |
| Financial debts170/4 | - | €5.6m | - | - | - | - |
| Other amounts payable178/9 | - | - | €629,611 | €699,611 | €699,612 | = |
| Amounts payable within one year42/48 | €800 | €268,652 | €147,008 | €209,402 | €247,102 | ▲ 18.0% |
| Trade debts44 | €800 | €9,610 | €11,369 | €24,665 | €6,248 | ▼ 74.7% |
| Suppliers440/4 | - | €9,610 | €11,369 | €24,665 | €6,248 | ▼ 74.7% |
| Other amounts payable47/48 | - | €259,042 | €135,639 | €184,737 | €240,854 | ▲ 30.4% |
| Accrued charges and deferred income492/3 | - | - | €15 | €15 | €15 | = |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,578 | -€301,951 | -€147,477 | -€57,357 | -€64,908 | ▼ 13.2% |
| Operating cash flow (approximation) | -€6,578 | -€301,951 | -€147,477 | -€57,357 | -€64,908 | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | - | -€15,825 | -€49,706 | -€2,400 | ▲ 95.2% |
| Change in cash | - | - | -€5.4m | €22,819 | -€24,310 | ▼ 207% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
13-03
State Gazette act
Resignation: Philippe de Harlez de Deulin (représentant du commissaire)Appointment: DELOITTE BELGIUM (statutory auditor) · Mandate compensation5 facts ▸
- Board meeting, 28-11-2025
- Director resignation, Philippe de Harlez de Deulin (représentant du commissaire)
- General meeting, 12-12-2025
- Auditor appointment, DELOITTE BELGIUM
- Mandate compensation, DELOITTE BELGIUM
07-10
State Gazette act
Appointment: FORVIS MAZARS REVISEURS D'ENTREPRISES SRL (2ème représentant du commissaire)Registered-office move4 facts ▸
- Board meeting, 18-07-2025
- Registered-office move, 1080 Bruxelles, rue dẽ lã Colonne IA
- General meeting, 13-08-2025
- Director appointment, FORVIS MAZARS REVISEURS D'ENTREPRISES SRL (2ème représentant du commissaire)
17-01
State Gazette act
Reappointment: MAZARS REVISEURS D'ENTREPRISES SRL (statutory auditor)Permanent representative: Philippe DE HARLEZ DE DEULIN · Mandate compensation4 facts ▸
- General meeting, 09-12-2022
- Auditor reappointment, MAZARS REVISEURS D'ENTREPRISES SRL (statutory auditor)
- Permanent representative, Philippe DE HARLEZ DE DEULIN
- Mandate compensation, MAZARS REVISEURS D'ENTREPRISES SRL
07-03
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 01-02-2023
- Registered-office move, 1160 Auderghem, Avenue Herrmann Debroux 54
08-02
State Gazette act
Assemblee Generale - Annee ComptableStatutes amendment · Purpose change · Capital7 facts ▸
- General meeting, 29-12-2021
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Purpose change, La société a pour objet, tant en Belgique qu’à l’étranger, pour son compte, pour compte de tiers ou en participation avec des tiers, l’étude, la création, l’acq…
- Capital, €65.000
- Statutes amendment
24-03
State Gazette act
Resignations: Pierre Van der Mercsch, Luigi Santambrogio and Axel Van der MerschAppointments: Antoine FORCINAL (director) and LA FRANCAISE DE L'ENERGIE (director) · Permanent representative: Julien MOULIN · Director discharge15 facts ▸
- General meeting, 19-02-2021
- Director resignation, Pierre Van der Mercsch (director)
- Director resignation, Luigi Santambrogio (director)
- Director resignation, Axel Van der Mersch (director)
- Director discharge, Pierre Van der Mercsch
- Director discharge, Luigi Santambrogio
- Director discharge, Axel Van der Mersch
- Director appointment, Antoine FORCINAL (director)
- Director appointment, LA FRANCAISE DE L'ENERGIE (director)
- Permanent representative, Julien MOULIN
- Mandate compensation, Antoine FORCINAL
- Mandate compensation, LA FRANCAISE DE L'ENERGIE
- +3 further facts in this act
Show earlier events
07-12
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 25-09-2020
- Registered-office move, rue Charles Legrelle, 17 à 1040 Bruxelles
08-08
State Gazette act
Reappointments: Pierre van der Mersch (director) and Luigi Santambrogio (director)3 facts ▸
- General meeting, 30-04-2019
- Director reappointment, Pierre van der Mersch (director)
- Director reappointment, Luigi Santambrogio (director)
14-06
State Gazette act
Reappointment: Mazars (statutory auditor)Appointment: Luigi Santambrogio (managing director)4 facts ▸
- General meeting, 30-04-2019
- Auditor reappointment, Mazars
- Board meeting, 18-03-2019
- Director appointment, Luigi Santambrogio (managing director)
10-08
State Gazette act
Reappointment: Axel van der MERSCH (managing director)2 facts ▸
- General meeting, 30-04-2018
- Director reappointment, Axel van der MERSCH (managing director)
07-06
State Gazette act
Reappointments: Pierre van der Mersch, Luigi Santambrogio and Mazars - Réviseurs d'entreprisesPermanent representative: Philippe de Harlez de Deulin5 facts ▸
- General meeting, 26-04-2016
- Director reappointment, Pierre van der Mersch (director)
- Director reappointment, Luigi Santambrogio (director)
- Auditor reappointment, Mazars - Réviseurs d'entreprises (statutory auditor)
- Permanent representative, Philippe de Harlez de Deulin
03-08
State Gazette act
Reappointment: Axel van der Mersch (director)Appointment: Axel van der Mersch (daily management delegate)3 facts ▸
- General meeting, 28-04-2015
- Director reappointment, Axel van der Mersch (director)
- Director appointment, Axel van der Mersch (daily management delegate)
23-12
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 04-12-2014
- Registered-office move, 1040 Bruxelles, avenue de Tervuren, 92
30-07
State Gazette act
Reappointment: Mazars - Réviseurs d'entreprises (statutory auditor)2 facts ▸
- General meeting, 30-04-2013
- Auditor reappointment, Mazars - Réviseurs d'entreprises
17-05
State Gazette act
Appointment: Axel van der MERSCH (daily management delegate)2 facts ▸
- Board meeting, 17-04-2013
- Director appointment, Axel van der MERSCH (daily management delegate)
10-07
State Gazette act
Reappointments: Pierre van der MERSCH (director) and Luigi Santambrogio (director)Appointment: Pierre van der MERSCH (président du conseil)4 facts ▸
- General meeting, 24-04-2012
- Director reappointment, Pierre van der MERSCH (director)
- Director appointment, Pierre van der MERSCH (président du conseil)
- Director reappointment, Luigi Santambrogio (director)
06-06
State Gazette act
Resignation: SPRL EFFE (director)Power of attorney3 facts ▸
- General meeting, 26-04-2011
- Director resignation, SPRL EFFE (director)
- Power of attorney, Philippe Cotton
12-05
State Gazette act
Reappointment: Mazars (statutory auditor)Permanent representative: Philippe Cotton3 facts ▸
- General meeting, 27-04-2010
- Auditor reappointment, Mazars
- Permanent representative, Philippe Cotton
25-05
State Gazette act
Reappointment: Axel van der Mersch (director)2 facts ▸
- General meeting, 28/04/2009
- Director reappointment, Axel van der Mersch (director)
05-09
State Gazette act
Capital & shares · Statutes amendmentCapital decrease3 facts ▸
- General meeting, 19-08-2008
- Capital decrease, €5.182.905,82
- Statutes amendment
05-08
State Gazette act
Reappointments: Comhaire & C°, Réviseurs d'entreprises, Axel van der MERSCH and EFFE SPRLPermanent representative: G. COTTON5 facts ▸
- General meeting, 28-04-2004
- Auditor reappointment, Comhaire & C°, Réviseurs d'entreprises (statutory auditor)
- Director reappointment, Axel van der MERSCH (director)
- Director reappointment, EFFE SPRL (director)
- Permanent representative, G. COTTON
05-08
State Gazette act
Resignation: Johanne lweins d'Eeckhoutte (director)2 facts ▸
- Board meeting, 11-04-2005
- Director resignation, Johanne lweins d'Eeckhoutte (director)
Directors · office · real estate
Board 2
1 not recently confirmed
Day-to-day management 2
Permanent representatives 1
Statutory auditor 1
Other functions 1
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0623/00L000 | Brussels | 2,442 m² | 1 · 406 m² | 19.8 m · 2 fl. |
| 52028B0114/00F004 | Wallonia | 1,564 m² | 1 · 773 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Permanent representative
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Antoine FORCINAL |
|
| LA FRANCAISE DE L’ENERGIE |
|
| Deloitte Belgium |
|
| Forvis Mazars Réviseurs d’Entreprises |
|
| Pierre van der Mersch |
|
| Forvis Mazars Réviseurs d’Entreprises |
|
| Philippe DE HARLEZ DE DEULIN |
|
| Mazars |
|
| Axel Van der Mersch |
|
| Luigi Santambrogio |
|
| Pierre Van der Mercsch |
|
| EFFE SPRL |
|
| Comhaire & C°, Réviseurs d'entreprises |
|
| Johanne lweins d'Eeckhoutte |
|
Structure & network
Owners and holdings
1 ownerOwners 1
- LFDE International SALUparentSourceown accounts 30-06-2024100%
Holdings 0
The accounts to 30-06-2024 list no holdings, and no other source names one.
According to the annual accounts to 30-06-2024 of GREENHILL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
3 connected companiesCapital and shareholders
- 08-02-2022 Capital stated in the act · 65,000 EUR · 211,700 shares
- 05-09-2008 Capital reduction of 5,182,905.82 EUR · to 65,000 EUR · repaid to the shareholders
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Company details
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