Skip to content

Greenpharm

Active
Private limited companyfounded 20196 yrs activeProf.Scharpélaan 64, 3130 Begijnendijk, BelgiumKBO/BCE: BE 0736.542.972
Summary

The computed 12-month bankruptcy probability of Greenpharm is 2.7% (moderate). The 2025 annual accounts show equity of €53,539 and a net result of -€2,822. Equity is shrinking by ~6.1% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability29▲+1
Solvency88▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.69 against 2.76 in 2024; short-term debt: 37.2% and cash: 100% of total assets), and 37.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.8%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€2,822
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 03-06-2026, 58 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
58 d early
2024
86 d early
2023
51 d early
2022
32 d early
2021
19 d early
2020
341 d late
2019
129 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 11 June (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

Greenpharm was incorporated on 18 October 2019 as a Private limited company.1 Total assets fell from EUR 109,717 in 2020 to EUR 85,198 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€53,539▼ 5.0%
2024 · €56,362
Total assets
€85,198▼ 3.6%
2024 · €88,416
Net result
-€2,822▲ 14.4%
2024 · -€3,296
Working capital
€53,539▼ 5.0%
2024 · €56,362
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€11,965▲ 57.9%-€4,633▲ 61.3%-€3,663▲ 20.9%-€3,266▲ 10.8%-€2,792▲ 14.5%
Net result-€12,046▲ 5.4%-€4,663▲ 61.3%-€3,693▲ 20.8%-€3,296▲ 10.7%-€2,822▲ 14.4%
Equity€68,014▼ 15.0%€63,351▼ 6.9%€59,658▼ 5.8%€56,362▼ 5.5%€53,539▼ 5.0%
Total assets€97,672▼ 11.0%€96,639▼ 1.1%€91,316▼ 5.5%€88,416▼ 3.2%€85,198▼ 3.6%
Debt€29,658=€33,288▲ 12.2%€31,658▼ 4.9%€32,054▲ 1.3%€31,658▼ 1.2%
Working capital€68,014▼ 15.0%€63,351▼ 6.9%€59,658▼ 5.8%€56,362▼ 5.5%€53,539▼ 5.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2021: -€11,965-€11,965Net result 2021: -€12,046-€12,046Operating result 2022: -€4,633-€4,633Net result 2022: -€4,663-€4,663Operating result 2023: -€3,663-€3,663Net result 2023: -€3,693-€3,693Operating result 2024: -€3,266-€3,266Net result 2024: -€3,296-€3,296Operating result 2025: -€2,792-€2,792Net result 2025: -€2,822-€2,82220212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€3,663-€3,660Net result 2023: -€3,693-€3,690Operating result 2024: -€3,266-€3,270Net result 2024: -€3,296-€3,300Operating result 2025: -€2,792-€2,790Net result 2025: -€2,822-€2,820202320242025
The operating result stays negative: a loss of €2,792 in 2025 against €3,266 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €85,198
Equity €53,539 ▼ 5.0%
Debt €31,658 ▼ 1.2%
Debt's share of the balance-sheet total rises from 36.3% to 37.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.69▼
2024 · 2.76
Debt to equity
0.59▲
2024 · 0.57
ROE
-5.3%▲
2024 · -5.8%
ROA
-3.3%▲
2024 · -3.7%
Debt ≤ 1 year
€31,658▼
2024 · €32,054
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 22 lines
Balance sheet Code20242025
Assets
Total assets20/58€88,416€85,198▼
Current assets29/58€88,416€85,198▼
Cash at bank and in hand54/58€88,416€85,198▼
Equity and liabilities
Total equity and liabilities10/49€88,416€85,198▼
Equity10/15€56,362€53,539▼
Contributions10/11€90,067€90,067=
Profit (loss) carried forward14-€33,706-€36,528▼
Amounts payable17/49€32,054€31,658▼
Amounts payable within one year42/48€32,054€31,658▼
Trade debts44€2,396€2,000▼
Suppliers440/4€2,396€2,000▼
Other amounts payable47/48€29,658€29,658=
Income statement Code20242025
Other operating charges640/8€396€400▲
Gross operating margin9900-€2,870-€2,392▲
Operating profit (loss)9901-€3,266-€2,792▲
Financial charges65/66B€30€30=
Recurring financial charges65€30€30=
Profit (loss) for the period before taxes9903-€3,296-€2,822▲
Profit (loss) for the period9904-€3,296-€2,822▲
Profit (loss) for the period to be appropriated9905-€3,296-€2,822▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,706-€36,528▼
Profit (loss) brought forward from the previous period14P-€30,410-€33,706▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€348€348€384€396€400▲ 0.9%
Gross operating margin9900-€11,618-€4,286-€3,278-€2,870-€2,392▲ 16.6%
Operating profit (loss)9901-€11,965-€4,633-€3,663-€3,266-€2,792▲ 14.5%
Financial income75/76B€0-----
Recurring financial income75€0-----
Financial charges65/66B€80€30€30€30€30=
Recurring financial charges65€80€30€30€30€30=
Profit (loss) for the period before taxes9903-€12,046-€4,663-€3,693-€3,296-€2,822▲ 14.4%
Income taxes67/77€0-----
Profit (loss) for the period9904-€12,046-€4,663-€3,693-€3,296-€2,822▲ 14.4%
Profit (loss) for the period to be appropriated9905-€12,046-€4,663-€3,693-€3,296-€2,822▲ 14.4%
Line20212022202320242025Change
Assets
Total assets20/58€97,672€96,639€91,316€88,416€85,198▼ 3.6%
Current assets29/58€97,672€96,639€91,316€88,416€85,198▼ 3.6%
Cash at bank and in hand54/58€97,672€96,639€91,316€88,416€85,198▼ 3.6%
Equity and liabilities
Total equity and liabilities10/49€97,672€96,639€91,316€88,416€85,198▼ 3.6%
Equity10/15€68,014€63,351€59,658€56,362€53,539▼ 5.0%
Contributions10/11€90,067€90,067€90,067€90,067€90,067=
Profit (loss) carried forward14-€22,054-€26,717-€30,410-€33,706-€36,528▼ 8.4%
Amounts payable17/49€29,658€33,288€31,658€32,054€31,658▼ 1.2%
Amounts payable within one year42/48€29,658€33,288€31,658€32,054€31,658▼ 1.2%
Trade debts44-€3,630€2,000€2,396€2,000▼ 16.5%
Suppliers440/4-€3,630€2,000€2,396€2,000▼ 16.5%
Other amounts payable47/48€29,658€29,658€29,658€29,658€29,658=
Line20212022202320242025Change
Profit (loss) for the period9904-€12,046-€4,663-€3,693-€3,296-€2,822▲ 14.4%
Operating cash flow (approximation)-€12,046-€4,663-€3,693-€3,296-€2,822▲ 14.4%
Change in cash--€1,033-€5,323-€2,900-€3,218▼ 11.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
06-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 341 days late
2020
23-01
NBB filing Annual accounts filed
fiscal year 2019 · unclassified schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Begijnendijk · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
537 m²
Building footprint
295 m²
Volume, LiDAR
1,722 m³
Parcel 24010B0108/00B000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Prof.Scharpélaan 64, 3130 Begijnendijk
Rental and leasing activities
since 20192.295.154.018
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24010B0108/00B000 Flanders 537 m² 1 · 295 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded18-10-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.