GREENLINE
ActiveThe computed 12-month bankruptcy probability of GREENLINE is 2.3% (moderate). The 2025 annual accounts show equity of €72k and a net result of €69k. Equity is growing by ~86.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 27619 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency81▲+19
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 1.46 in 2024; short-term debt: 31.2% and cash: 27.4% of total assets), and 44.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
55.7%
Return on assets
53.7%
Age of the figures
15 mo
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 24-12-2025, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
38 d early
2024
1 d early
2023
19 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▲ 78.8%
2024 · €40k
2023: €3k
2024: €40k
2023 → 2025
Total assets
€128k▲ 18.4%
2024 · €108k
2023: €43k
2024: €108k
2023 → 2025
Net result
€69k▲ 83.8%
2024 · €37k
2023: €30k
2024: €37k
2023 → 2025
Working capital
€55k▲ 172%
2024 · €20k
2023: €3k
2024: €20k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€3k-€40k▲ 1,500%€72k▲ 78.8%
Operating result€41k-€52k▲ 27.9%€94k▲ 81.1%
Net result€30k-€37k▲ 23.5%€69k▲ 83.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 81% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128k
Fixed assets
€33k▼ 25.1%
Current assets
€95k▲ 48.1%
Equity and liabilities €128k
Equity
€72k▲ 78.8%
Debt
€57k▼ 16.9%
The debt ratio falls from 63.1% to 44.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105k▲
2024 · €62k
Cash flow
€80k▲
2024 · €48k
Solvency
55.7%▲
2024 · 36.9%
Current ratio
2.38▲
2024 · 1.46
Quick ratio
2.13▲
2024 · 1.39
Debt / equity
0.79▼
2024 · 1.71
ROE
96.4%▲
2024 · 93.7%
ROA
53.7%▲
2024 · 34.6%
Interest coverage
96.39▲
2024 · 45.65
Debt
€57k▼
2024 · €68k
Debt ≤ 1 year
€40k▼
2024 · €44k
Debt > 1 year
€14k▼
2024 · €21k
Income taxes
€24k▲
2024 · €13k
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€108k€128k▲
Fixed assets21/28€44k€33k▼
Tangible fixed assets22/27€44k€33k▼
Furniture and vehicles24€44k€33k▼
Current assets29/58€64k€95k▲
Stocks and contracts in progress3€3k€10k▲
Stocks30/36€3k€10k▲
Amounts receivable within one year40/41€58k€50k▼
Trade receivables40€45k€20k▼
Other amounts receivable41€13k€30k▲
Cash at bank and in hand54/58€3k€35k▲
Deferred charges and accrued income490/1€88€88=
Equity and liabilities
Total equity and liabilities10/49€108k€128k▲
Equity10/15€40k€72k▲
Contributions10/11€3k€3k=
Reserves13€37k€69k▲
Distributable reserves133€37k€69k▲
Amounts payable17/49€68k€57k▼
Amounts payable after more than one year17€21k€14k▼
Financial debts170/4€21k€14k▼
Amounts payable within one year42/48€44k€40k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€25k€10k▼
Suppliers440/4€25k€10k▼
Taxes, remuneration and social security45€13k€24k▲
Taxes450/3€13k€24k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€384€513▲
Gross operating margin9900€63k€105k▲
Operating profit (loss)9901€52k€94k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€50k€93k▲
Income taxes67/77€13k€24k▲
Profit (loss) for the period9904€37k€69k▲
Profit (loss) for the period to be appropriated9905€37k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€69k▲
Transfer from equity791/2-€37k
Transfer to equity691/2€37k€69k▲
To other reserves6921€37k€69k▲
Profit to be distributed694/7-€37k
Return on contributions (dividend)694-€37k
The notes to these accounts (6 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
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2023net €69k ▲83.8%
Operating result €94k, net result €69k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anzegem · 1 establishment unit since 2023
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.
Steenbruggestraat 28570 AnzegemGround area
573 m²
Building footprint
366 m²
Volume, LiDAR
1,145 m³
Parcel 34002A0558/00D000, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Greenline
since 20232.340.657.312
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002A0558/00D000 | Flanders | 573 m² | 1 · 366 m² | 5.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 8,770 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2023
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
33140Repair and maintenance of electrical equipment
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.