GREENLAND

Dissolution or liquidation

Public limited companyfounded 1994Rue de la Terre à Briques(MAR) 29, 7522 Tournai, BelgiumKBO/BCE: BE 0453.021.474

Summary

The KBO register records for GREENLAND the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €380.18M and a net result of €-2.86M.

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Signals

Two signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: dissolution or liquidation (code 012). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

23 d early

2023

14 d early

2022

17 d early

2021

26 d early

2020

23 d early

2019

28 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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 2024, full schema

Equity

€380.18M▼ 0.7%

2023 · €383.04M

2018: €264.89M 2019: €310.14M 2020: €366.35M 2021: €428.13M 2022: €355.57M 2023: €383.04M

2018 → 2024

Net result

€-2.86M

2023 · €27.47M

2018: €57.35M 2019: €45.25M 2020: €56.21M 2021: €101.78M 2022: €-22.56M 2023: €27.47M

2018 → 2024

Total assets

€509.81M▲ 2.2%

2023 · €498.72M

2018: €326.22M 2019: €313.96M 2020: €413.55M 2021: €531.96M 2022: €507.25M 2023: €498.72M

2018 → 2024

Solvency

74.6%▼ 2.2pp

2023 · 76.8%

2018: 81.2% 2019: 98.8% 2020: 88.6% 2021: 80.5% 2022: 70.1% 2023: 76.8%

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€366.35M-€428.13M▲ 16.9%€355.57M▼ 16.9%€383.04M▲ 7.7%€380.18M▼ 0.7%

Operating result€78.09M-€105.08M▲ 34.5%€24.59M▼ 76.6%€73.87M▲ 200%€25.40M▼ 65.6%

Net result€56.21M-€101.78M▲ 81.1%€-22.56M€27.47M€-2.86M

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 66% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €509.81M

99.4%

Fixed assets €506.98M ▲ 2.4%

Current assets €2.83M ▼ 26.3%

Equity and liabilities €509.81M

74.6%

25.4%

Equity €380.18M ▼ 0.7%

Debt €129.63M ▲ 12.1%

The debt ratio rises from 23.2% to 25.4%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

ROE

-0.8%▼

2023 · 7.2%

ROA

-0.6%▼

2023 · 5.5%

Debt ≤ 1 year

€128.97M▲

2023 · €115.42M

Income taxes

€6.90M▼

2023 · €19.65M

Staff costs

€46k▼

2023 · €47k

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 · 2024 against 2023 · 62 lines

Balance sheet Code20232024

Assets

Total assets20/58€498.72M€509.81M▲

Fixed assets21/28€494.88M€506.98M▲

Financial fixed assets28€494.88M€506.98M▲

Other financial fixed assets284/8€494.88M€506.98M▲

Shares284€494.88M€506.98M▲

Current assets29/58€3.85M€2.83M▼

Stocks and contracts in progress3€0€0=

Amounts receivable within one year40/41€10k€2k▼

Other amounts receivable41€10k€2k▼

Current investments50/53€0-

Other investments51/53€0-

Cash at bank and in hand54/58€3.84M€2.83M▼

Deferred charges and accrued income490/1€185€201▲

Equity and liabilities

Total equity and liabilities10/49€498.72M€509.81M▲

Equity10/15€383.04M€380.18M▼

Contributions10/11€90.06M€90.06M=

Capital10€90.06M€90.06M=

Issued capital100€90.06M€90.06M=

Reserves13€9.01M€9.01M=

Non-distributable reserves130/1€9.01M€9.01M=

Legal reserve130€9.01M€9.01M=

Profit (loss) carried forward14€283.97M€281.11M▼

Amounts payable17/49€115.68M€129.63M▲

Amounts payable within one year42/48€115.42M€128.97M▲

Financial debts43-€97k

Credit institutions430/8-€97k

Trade debts44€1.02M€95k▼

Suppliers440/4€1.02M€95k▼

Taxes, remuneration and social security45€20.69M€16.77M▼

Taxes450/3€20.65M€16.76M▼

Remuneration and social security454/9€48k€8k▼

Other amounts payable47/48€93.70M€112.01M▲

Accrued charges and deferred income492/3€269k€663k▲

Income statement Code20232024

Operating income70/76A€81.09M€38.95M▼

Other operating income74€81.09M€38.95M▼

Operating charges60/66A€7.23M€13.55M▲

Services and other goods61€5.90M€5.23M▼

Remuneration, social security and pensions62€47k€46k▼

Other operating charges640/8€1.28M€8.27M▲

Operating profit (loss)9901€73.87M€25.40M▼

Financial income75/76B€5.87M€13.49M▲

Recurring financial income75€1.03M€3.05M▲

Income from financial fixed assets750€379k€2.91M▲

Income from current assets751€397k€131k▼

Other financial income752/9€248k€1▼

Non-recurring financial income76B€4.84M€10.44M▲

Financial charges65/66B€32.61M€34.84M▲

Recurring financial charges65€1.46M€6.33M▲

Debt charges650€1.39M€5.79M▲

Other financial charges652/9€64k€540k▲

Non-recurring financial charges66B€31.16M€28.51M▼

Profit (loss) for the period before taxes9903€47.12M€4.04M▼

Income taxes67/77€19.65M€6.90M▼

Taxes670/3€19.65M€6.90M▼

Tax adjustments and reversals of tax provisions77€0€0▼

Profit (loss) for the period9904€27.47M€-2.86M▼

Profit (loss) for the period to be appropriated9905€27.47M€-2.86M▼

Appropriation of the result

Profit (loss) to be appropriated9906€283.97M€281.11M▼

Profit (loss) brought forward from the previous period14P€256.50M€283.97M▲

Profit to be distributed694/7€0-

Return on contributions (dividend)694€0-

Social balance

Average headcount (FTE)90870.50.5=

The notes to these accounts (36 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

All 37Financial 3Gazette 24Filings 10

2026

19-03

State Gazette act Resignations & appointments · End & cessation

General meeting · Net-asset statement · Approval11 facts ▸

General meeting, 23/12/2025
Net-asset statement, 22/12/2025
Approval, rapports et état
Dissolution, 23-12-2025
Liquidation, 23/12/2025
Director appointment, GREENLAND (liquidator)
Permanent representative, Hugues DESURMONT
Power of attorney, GREENOAK
Mandate compensation, GREENOAK
Court confirmation, 24/02/2026
Auditor opinion, qualified, potential tax debt underestimation

2025

08-08

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment4 facts ▸

General meeting, 24-06-2025
Director resignation, Benoît LECLERQ (director)
Director appointment, Laurent MULLIEZ (director)
Permanent representative, Hugues DESURMONT

08-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

24-07

State Gazette act Resignations & appointments

General meeting · Auditor reappointment2 facts ▸

General meeting, 2023
Auditor reappointment, KPMG Réviseurs d'entreprises BV/SRL (statutory auditor)

17-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Back to profitnet €27.47M

Net result €27.47M after one loss-making year.

14-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

12-07

State Gazette act Resignations & appointments

General meeting · Auditor reappointment · Permanent representative3 facts ▸

General meeting, 28-06-2023
Auditor reappointment, KPMG Réviseurs d'entreprises BV/SRL
Permanent representative, Hugues DESURMONT

30-03

State Gazette act Resignations & appointments

Permanent representative1 fact ▸

Permanent representative, Thierry Schoofs (permanent representative)

2022

31-12

Financial Weakest financial yearnet €-22.56M ▼122%

Net result drops to €-22.56M, the lowest in the series.

27-12

State Gazette act Resignations & appointments

Board meeting · Director appointment · Permanent representative6 facts ▸

Board meeting, 03-11-2022
Director appointment, Jérôme MULLIEZ (chair of the board)
Director appointment, Jérôme MULLIEZ (managing director)
Director appointment, GREENOAK (managing director)
Permanent representative, Hugues DESURMONT
Power of attorney, GREENLAND

08-11

State Gazette act Purpose · Statutes amendment · Resignations & appointments

General meeting · Statutes amendment · Purpose change20 facts ▸

General meeting, 17-10-2022
Statutes amendment
Purpose change, La société a pour objet, en Belgique et à l'étranger, soit directement, soit comme intermédiaire, tant pour son compte propre que pour le compte de tiers, sauf…
Capital, €90.062.000
Director resignation, MULLIEZ Jérôme (director)
Director appointment, MULLIEZ Jérôme (non-statutory director)
Director resignation, LECLERCQ Benoît (director)
Director appointment, LECLERCQ Benoît (non-statutory director)
Director resignation, BONTE Edgard (director)
Director appointment, BONTE Edgard (non-statutory director)
Director resignation, GREENOAK (director)
Director appointment, GREENOAK (non-statutory director)
+8 further facts in this act

13-10

State Gazette act Resignations & appointments

Permanent representative · Power of attorney2 facts ▸

Permanent representative, Tanguy Legein
Power of attorney

05-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Highest result since 2018net €101.78M ▲81.1%

Operating result €105.08M, net result €101.78M, both a record.

08-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

17-02

State Gazette act Resignations & appointments

Board meeting · Permanent representative · Director resignation3 facts ▸

Board meeting, 04-11-2020
Permanent representative, Dominic Rousselle
Director resignation, Joachim Hoebeeck

2020

14-09

State Gazette act Resignations & appointments

General meeting · Auditor reappointment · Permanent representative3 facts ▸

General meeting, 11-06-2020
Auditor reappointment, KPMG Réviseurs d'Entreprises SCRL civile
Permanent representative, Joachim Hoebeeck

03-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

21-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

18-10

State Gazette act Resignations & appointments

Board meeting · General meeting · Director resignation5 facts ▸

Board meeting, 10/04/2018
General meeting, 29/06/2018
Director resignation, KEROLD (director)
Director appointment, GREENOAK (director)
Permanent representative, Hugues DESURMONT

19-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

02-02

State Gazette act Resignations & appointments

General meeting · Director resignation · Director reappointment18 facts ▸

General meeting, 21-06-2017
Director resignation, Benoît Leclercq (director)
Director resignation, Dimitri Molle (director)
Director resignation, Edgar Bonte (director)
Director resignation, Jérôme Mulliez (director)
Director resignation, Stéphane Mulliez (director)
Director resignation, Kerold SPRL (director)
Director reappointment, Jérôme Mulliez (director)
Director reappointment, Kerold SPRL (director)
Director reappointment, Edgar Bonte (director)
Director reappointment, Benoît Leclercq (director)
Permanent representative, Hugues Desurmont
+6 further facts in this act

2017

17-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

01-07

NBB filing Annual accounts filed

fiscal year 2015 · full schema

13-06

State Gazette act Resignations & appointments

Board meeting · Director resignation · Permanent representative3 facts ▸

Board meeting, 09/12/2015
Director resignation, Bruno DEBERDT (permanent representative)
Permanent representative, Hugues DESURMONT

13-06

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment6 facts ▸

General meeting, 04-06-2015
Director resignation, Créadev (director)
Director resignation, François Poupard (director)
Director resignation, Régis Mulliez (director)
Director appointment, Kerold SPRL (director)
Permanent representative, Bruno Deberdt

14-04

State Gazette act Statutes amendment

General meeting · Statutes amendment · Power of attorney3 facts ▸

General meeting, 24-03-2016
Statutes amendment
Power of attorney, Kurt Vuylsteke

22-03

State Gazette act Resignations & appointments

General meeting · Director appointment3 facts ▸

General meeting, 06-10-2015
Director appointment, Benoît LECLERCQ (director)
Director appointment, Edgar BONTE (director)

2014

08-05

State Gazette act Resignations & appointments

General meeting · Director appointment2 facts ▸

General meeting, 06-12-2013
Director appointment, François POUPARD (director)

2012

25-07

State Gazette act Resignations & appointments

General meeting · Director appointment2 facts ▸

General meeting, 10-11-2011
Director appointment, Dimitri Molle (director)

2011

30-09

State Gazette act Resignations & appointments

General meeting · Director reappointment · Permanent representative9 facts ▸

General meeting, 30-06-2011
Director reappointment, Jérôme Mulliez (director)
Director reappointment, Stéphane Mulliez (director)
Director reappointment, Régis Mulliez (director)
Director reappointment, Créadev (director)
Permanent representative, Séverine Tapié
Board meeting, 30-06-2011
Director reappointment, Jérôme Mulliez (managing director)
Director appointment, Jérôme Mulliez (chair of the board)

08-02

State Gazette act Registered office · Resignations & appointments

Board meeting · Registered-office move · Director resignation6 facts ▸

Board meeting, 02-09-2010
Registered-office move, 7522 Marquain, Centre Futur Orca. Batiment E, Rue Terre à Briques 29
Director resignation, Michel Mulliez (director)
Director resignation, Pierre Buschenschutz (director)
Director resignation, Grégory Sartorius (director)
Director appointment, Régis Mulliez (administrateur à titre provisoire)

26-01

State Gazette act Capital & shares · Statutes amendment · Resignations & appointments

General meeting · Approval · Capital increase7 facts ▸

General meeting, 28-12-2010
Approval, 28-12-2010
Capital increase, €57.070.171,2
Capital increase, €12.929.828,8
Capital, €90.062.000
Director appointment, Régis MULLIEZ (director)
Director appointment, Régis MULLIEZ (director)

2008

22-09

State Gazette act Registered office

Board meeting · Registered-office move2 facts ▸

Board meeting, 07-03-2008
Registered-office move, 29C, rue Terre à Briques - Centre Futur Orcq - Bâtiment C à 7522 Marquain

10-03

State Gazette act Resignations & appointments

General meeting · Director appointment · Permanent representative7 facts ▸

General meeting, 07-12-2006
Director appointment, Grégory Sartorius (director)
Director appointment, Pierre Buchsenschutz (director)
Director appointment, Créadev (director)
Permanent representative, Anne Séverine Mulliez
Mandate compensation, GREENLAND
Mandate term, 2011

2006

18-09

State Gazette act Capital & shares · Statutes amendment

General meeting · Registered-office move · Approval8 facts ▸

General meeting, 21-08-2006
Registered-office move, Centre Futur X, Bâtiment A 43-44 à 7700 Mouscron
Approval, 21-08-2006
Capital increase, €122.908,8
Capital increase, €19.877.091,2
Capital, €20.062.000
Statutes amendment
Power of attorney, Deloitte

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

10 directors, no change since 2026

Laurent MULLIEZ

Director · since 24-06-2025

Current

GREENOAK

Liquidator · since 03-11-2022 · Public limited company · perm. rep.: Hugues DESURMONT

Current

BONTE Edgard

Non-statutory director · since 17-10-2022

Current

GREENOAK

Non-statutory director · since 17-10-2022 · Legal entity · perm. rep.: Hugues DESURMONT

Current

Jérôme MULLIEZ

Chair of the board · since 17-10-2022

Current

LECLERCQ Benoît

Non-statutory director · since 17-10-2022

Current

4 other directors

Edgar Bonte

Director · since 21-06-2017

Not recently confirmed

KEROLD SPRL

Director · since 21-06-2017 · Legal entity · perm. rep.: Hugues Desurmont

Not recently confirmed

KEROLD

Director · since 04-06-2015 · Legal entity · perm. rep.: Bruno Deberdt

Not recently confirmed

Pierre Buchsenschutz

Director · since 07-12-2006

Not recently confirmed

24-02-2026 GREENOAK: Appointed as Liquidator

24-06-2025 Laurent MULLIEZ: Appointed as Director

24-06-2025 Benoît LECLERQ: Resigned as Director

03-11-2022 GREENOAK: Appointed as Managing director

03-11-2022 Jérôme MULLIEZ: Appointed as Chair of the board

Full history in the Timeline (48 changes) →

Location & real-estate footprint

Registered office, Tournai · 1 establishment unit since 1994

establishment approximate 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.

Rue de la Terre à Briques(MAR) 297522 Tournai

1 establishment unit

Rue de la Terre à Briques(MAR) 29, 7522 Tournai

NACE 5141001

since 19942.067.171.750

Statutory auditor

1 auditor

KPMG Réviseurs d'EntreprisesCurrent

Statutory auditor

28-06-2023 → present

Show 1 earlier auditors

KPMG Réviseurs d'Entreprises SCRL civile

Auditor · represented by Joachim Hoebeeck

succeeded by KPMG Réviseurs d'Entreprises in 2023

07-12-2017 → 28-06-2023

Structure & network

Connections & network

1 connected company

Network connections

MUTATIS

Shared director

→

Ownership & control

1 party

Control over this companysits on this company's board1

KEROLD

1 subsidiary

controls

GREENLANDBE 0453.021.474

Capital and shareholders

Capital over the years

08-11-2022 Capital stated in the act · 90,062,000 EUR · 14,333 shares
26-01-2011 Capital increase of 57,070,171.20 EUR · to 77,132,171.20 EUR · 10,605 new shares · in kind
26-01-2011 Capital increase of 12,929,828.80 EUR · to 90,062,000 EUR · no new shares · from reserves
18-09-2006 Capital increase of 122,908.80 EUR · to 184,908.80 EUR · 2,478 new shares · in kind
18-09-2006 Capital increase of 19,877,091.20 EUR · to 20,062,000 EUR · no new shares · from reserves