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GREENLIGHTS

Active Private limited companyfounded 2009active for 16 yearsNederweg 5, 9521 Sint-Lievens-HoutemKBO/BCE: BE 0820.575.458

Lifetime

4 annual accounts with figures on one time axis
peak €209,405 (2023)
€110,251▼ 36.7%
peak €90,639 (2022)
€52,373▼ 40.7%
peak €506,563 (2024)
€431,436▼ 14.8%
€148,643▲ 22.6%
Board2 names since 2009
2 directors and 1 other
Documentsfilings and deeds
30-12-202532 days before the deadline
2025micro format
Gross margin from €174,213 to €110,251Result from €88,260 to €52,373Dividend €127,500Equity from €506,563 to €431,436Debts from €121,246 to €148,643Cash from €222,977 to €331,267

Key points

from the 2025 annual accounts

Equity

€431,436 ▼ 14.8%
506,5632024+52,373Profit-127,500Dividend431,4362025

GREENLIGHTS paid out €127,500 in dividends. That is 243% of the 2025 profit.

Turnover

≈ €280,000 estimated

The micro format states no turnover.

Position in the sector

€431,436

More equity than 94% of companies in creative and performing arts. Sector median €42,947 · 2,609 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,806 companies had the same profile as GREENLIGHTS has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,806 companies, not a prediction for GREENLIGHTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 16-11-2009
Director, since 01-03-2022
  • 7 sharesdeed of 18-02-2022
  • 3 sharesdeed of 18-02-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0820575458
Appointment: (director) General meeting of 22-03-2022 · Gazette deed
Company renamed to Greenlights New name: Greenlights · Change of role: , from manager to director · “Import, export, groot- en kleinhandel, de aan- en verkoop van audio-materiaal, geluid- en beelddragers en…” (deed in Dutch) · General meeting of 14-02-2022 · Gazette deed
Incorporation published on 25-11-2009 · Gazette deed
All 12 events

Comparable companies

same main activity, similar in size and age
Company
GREENLIGHTS Sint-Lievens-Houtem €580,079 €110,251 74.4% -
LEMON GROUP Brecht €641,868 €144,814 -0.9% -
D-SQUAD Namur €526,630 €79,354 8.8% -
ARTLOGIC Sint-Niklaas €462,119 €88,610 50.8% -
E-LOGIC Vilvoorde €426,321 €97,677 83.9% -
NicHorse Chaumont-Gistoux €439,989 €97,557 75.9% -
ZORIN INDUSTRIES Schoten €354,925 €112,943 82.9% -

These companies have the same main activity as GREENLIGHTS: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €355,000 and €642,000, founded between 2008 and 2013.

Official details

Source: KBO
Status
Active since 16-11-2009Normal situation
Activity
Promotion and organisation of arts and performing arts eventsNACE 90391
Establishment unit
2.183.051.1189521 Sint-Lievens-Houtem, since 16-11-2009
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

€580,079▼ 7.6%
Filing
Filed on 30-12-2025, 32 days before the end of the filing period
Financials

Insights on GREENLIGHTS

GREENLIGHTS files the micro format. That format states no turnover. The gross margin fell from €163,391 in 2022 to €110,251 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GREENLIGHTS

What is the company number of GREENLIGHTS?
The company number of GREENLIGHTS is 0820.575.458. The VAT number is the same number with BE in front: BE 0820.575.458.
Where is GREENLIGHTS based?
The registered office is at Nederweg 5, 9521 Sint-Lievens-Houtem.Company details
What does GREENLIGHTS do?
According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
What is the legal form of GREENLIGHTS?
GREENLIGHTS is a private limited company (BV).
When was GREENLIGHTS founded?
GREENLIGHTS was founded on 16-11-2009.
Is GREENLIGHTS still active?
Yes, GREENLIGHTS is an active enterprise in the KBO register.
What is the turnover of GREENLIGHTS?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €110,251 and 2,204 comparable companies of the same size. It probably lies between €180,000 and €430,000. It is a rough estimate.Financials
Is GREENLIGHTS profitable?
In financial year 2025, GREENLIGHTS made a profit of €52,373.
Where can I find the annual accounts of GREENLIGHTS?
GREENLIGHTS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GREENLIGHTS due?
GREENLIGHTS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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