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GREENHOOD PROJECTS

Active
Private limited companyfounded 1973active for 52 yearsSteenbeekpad 1, 8880 Ledegem, BelgiumKBO/BCE: BE 0413.177.933
Summary

GREENHOOD PROJECTS has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €529,042, of which €958,581 non-recurring income. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 2,787 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
GREENHOOD PROJECTSActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
General construction of office buildings
NACE 41002
2nd oldest company in Ledegem, Construction sector1 site
Size
≈ €1.8mturnover 2025, estimated
Equity
€2.0m
Profit
€529,042
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 18 days early1 of 5 deeds summarised
Why 96raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €6.8mFounded in 1973Liquidity: current ratio 1.10, cash €2.0mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 41, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 54+2
equity 29.3% of total assets
Liquidity 53+27
short-term debt 63.7% · cash 29.3%
Profitability 71+10
return on assets 7.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.2%▲ +0.1 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.1%▼ -0.1 percentage points 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: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: < 0.1%▼ -0.2 percentage points vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.1, compared with 0.69 in 2024, below the usual 1.5; short-term debt: 63.7% and cash: 29.3% of total assets), and 70.7% 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 41, small): better than 47% on solvency, 71% on liquidity, 64% on profitability and 84% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €6.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1973
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.10, cash €2.0m
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €2.0m
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 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
4 days early
2023
22 days early
2022
28 days early
2021
7 days early
2020
17 days early
2019
on the day
← 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 14 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end30-10-2026 today31-01-2027 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 2019 to 2025net €529,042 ▲61.6%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €19,348 · 2,781 companies €529,042 View
  • Result rose in 2025mostly a one-off income of €958,581 ▲ 61.6% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1973founded 09-11-1973 52 years View

By topic

Financials

Financial year
2025
Total assets
€6.8m
Profit
€529,042
Solvency
29.3%
Total assets▲ 16.0%
Net result
20192025
Go to Financials

Timeline

Events
52
Since
1978
Next accounts
by 31-01-2027
  1. 09-01-2024Annual accounts filed
  2. 30-06-2023Equity above €1m
  3. 03-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of office buildingsNACE 41002
Founded
09-11-1973
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
28 December at 11:00
Purpose
“Het beheer van een eigen onroerend of eigen roerend vermogen en de huurfinanciering van…” (deed in Dutch)
Go to Articles of association

Key facts about GREENHOOD PROJECTS

What is the company number of GREENHOOD PROJECTS?
0413.177.933. In Belgium the VAT number is the company number with BE in front: BE 0413.177.933.
Where is GREENHOOD PROJECTS based?
The registered office is at Steenbeekpad 1, 8880 Ledegem.Company details
What does GREENHOOD PROJECTS do?
According to the KBO register, the main activity is general construction of office buildings (NACE 41002).
What is the legal form of GREENHOOD PROJECTS?
Private limited company (BV).
When was GREENHOOD PROJECTS founded?
On 09-11-1973.
Is GREENHOOD PROJECTS still active?
Yes, GREENHOOD PROJECTS is an active enterprise in the KBO register.
How many employees does GREENHOOD PROJECTS have?
On average 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of GREENHOOD PROJECTS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GREENHOOD PROJECTS profitable?
In financial year 2025, GREENHOOD PROJECTS made a profit of €529,042.
Where can I find the annual accounts of GREENHOOD PROJECTS?
GREENHOOD PROJECTS filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GREENHOOD PROJECTS due?
By 31-01-2027, for financial year 2026.Timeline

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