GreenHorse
ActiveGreenHorse has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €5k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 7017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+88
Solvency76▲+15
Growth52=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.4 in 2024; short-term debt: 49% and cash: 30.9% of total assets), and 49% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51%
Return on assets
15.6%
Age of the figures
9 mo
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 31-03-2026, 122 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
122 d early
2024
84 d early
2023
56 d early
2022
40 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▲ 44.2%
2024 · €11k
2022: €9k
2023: €22k
2024: €11k
2022 → 2025
Total assets
€31k▲ 2.7%
2024 · €30k
2022: €20k
2023: €49k
2024: €30k
2022 → 2025
Net result
€5k
2024 · €-11k
2022: €6k
2023: €13k
2024: €-11k
2022 → 2025
Working capital
€14k▲ 76.7%
2024 · €8k
2022: €6k
2023: €19k
2024: €8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€9k-€22k▲ 150%€11k▼ 49.6%€16k▲ 44.2%
Operating result€10k-€19k▲ 95.8%€-9k€6k
Net result€6k-€13k▲ 111%€-11k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets
€2k▼ 34.8%
Current assets
€29k▲ 7.2%
Equity and liabilities €31k
Equity
€16k▲ 44.2%
Debt
€15k▼ 21.0%
The debt ratio falls from 63.7% to 49.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▲
2024 · €-7k
Cash flow
€6k▲
2024 · €-9k
Solvency
51.0%▲
2024 · 36.3%
Current ratio
1.90▲
2024 · 1.40
Quick ratio
1.90▲
2024 · 1.40
Debt / equity
0.96▼
2024 · 1.75
ROE
30.7%▲
2024 · -98.6%
ROA
15.6%▲
2024 · -35.8%
Interest coverage
9.57▲
2024 · -6.82
Debt
€15k▼
2024 · €19k
Debt ≤ 1 year
€15k▼
2024 · €19k
Income taxes
€390▲
2024 · €156
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€30k€31k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€262€126▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€27k€29k▲
Amounts receivable within one year40/41€9k€19k▲
Trade receivables40€9k€11k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58€17k€9k▼
Deferred charges and accrued income490/1€670€528▼
Equity and liabilities
Total equity and liabilities10/49€30k€31k▲
Equity10/15€11k€16k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€8k€13k▲
Amounts payable17/49€19k€15k▼
Amounts payable within one year42/48€19k€15k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€10k€4k▼
Other amounts payable47/48€8k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€498€251▼
Gross operating margin9900€-7k€7k▲
Operating profit (loss)9901€-9k€6k▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€1k€734▼
Recurring financial charges65€1k€734▼
Profit (loss) for the period before taxes9903€-11k€5k▲
Income taxes67/77€156€390▲
Profit (loss) for the period9904€-11k€5k▲
Profit (loss) for the period to be appropriated9905€-11k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€13k▲
Profit (loss) brought forward from the previous period14P€19k€8k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-11k ▼183%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €13k ▲111%
Operating result €19k, net result €13k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Linkebeek · 1 establishment unit since 2021
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.
Esselaar 441630 LinkebeekGround area
1,747 m²
Building footprint
189 m²
Volume, LiDAR
1,649 m³
2 parcels, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GreenHorse
since 20212.315.926.864
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003A0014/00R000 | Flanders | 1,463 m² | 1 · 104 m² | 12.4 m · 3 fl. |
| 22003C0227/00N000 | Flanders | 284 m² | 1 · 85 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 4,372 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2021
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
85510Sports and recreation education
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:greenhorse.srl@gmail.com