GREENPIG
ActiveSummary
GREENPIG has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €23k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+6
Solvency37▲+3
Growth77▲+15
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.9 in 2024; short-term debt: 70.1% and cash: 10.7% of total assets), and 88.3% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
11.7%
Return on assets
5.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 956 sector peers (2025).
NBB · sector comparisonPosition among 956 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
60 d late
2023
36 d late
2022
88 d late
2021
31 d late
2020
52 d late
2019
91 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.08M▲ 4.0%
2024 · €1.04M
2018: €466k
2019: €450k
2020: €465k
2021: €595k
2022: €821k
2023: €966k
2024: €1.04M
2018 → 2025
EBIT margin
3.9%▲ 1.8pp
2024 · 2.1%
2018: 4.7%
2019: 3.3%
2020: 2.9%
2021: 4.5%
2022: 0.6%
2023: 1.0%
2024: 2.1%
2018 → 2025
Net result
€23k▲ 408%
2024 · €5k
2018: €16k
2019: €6k
2020: €7k
2021: €16k
2022: €524
2023: €602
2024: €5k
2018 → 2025
Working capital
€-15k▲ 41.7%
2024 · €-26k
2018: €66k
2019: €20k
2020: €11k
2021: €18k
2022: €-38k
2023: €-34k
2024: €-26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€595k-€821k▲ 38.0%€966k▲ 17.7%€1.04M▲ 7.4%€1.08M▲ 4.0%
Equity€29k-€30k▲ 1.8%€31k▲ 2.0%€35k▲ 14.7%€46k▲ 31.7%
Operating result€26k-€5k▼ 82.0%€10k▲ 104%€22k▲ 122%€42k▲ 95.0%
Net result€16k-€524▼ 96.8%€602▲ 14.9%€5k▲ 648%€23k▲ 408%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 95% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €396k
Fixed assets
€133k ▼ 12.3%
Current assets
€262k ▲ 8.1%
Equity and liabilities €396k
Equity
€46k ▲ 31.7%
Debt
€350k ▼ 2.8%
Debt's share of the balance-sheet total falls from 91.1% to 88.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85k▲
2024 · €66k
Cash flow
€65k▲
2024 · €49k
Current ratio
0.95▲
2024 · 0.90
Debt to equity
7.57▼
2024 · 10.25
ROE
49.5%▲
2024 · 12.8%
ROA
5.8%▲
2024 · 1.1%
Interest coverage
11.41▲
2024 · 7.60
Debt ≤ 1 year
€278k▲
2024 · €269k
Debt > 1 year
€72k▼
2024 · €91k
Income taxes
€14k▲
2024 · €8k
Staff costs
€609k▲
2024 · €598k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€395k€396k▲
Fixed assets21/28€152k€133k▼
Intangible fixed assets21€40k€40k=
Tangible fixed assets22/27€112k€93k▼
Plant, machinery and equipment23€14k€13k▼
Furniture and vehicles24€62k€39k▼
Other tangible fixed assets26€35k€41k▲
Financial fixed assets28€350€350=
Current assets29/58€243k€262k▲
Amounts receivable within one year40/41€189k€214k▲
Trade receivables40€176k€211k▲
Other amounts receivable41€13k€4k▼
Current investments50/53€19k-
Cash at bank and in hand54/58€22k€42k▲
Deferred charges and accrued income490/1€13k€6k▼
Equity and liabilities
Total equity and liabilities10/49€395k€396k▲
Equity10/15€35k€46k▲
Contributions10/11€6k€6k=
Reserves13€620€620=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620-
Other1319-€620
Profit (loss) carried forward14€28k€39k▲
Amounts payable17/49€360k€350k▼
Amounts payable after more than one year17€91k€72k▼
Financial debts170/4€56k€72k▲
Other amounts payable178/9€35k-
Amounts payable within one year42/48€269k€278k▲
Current portion of amounts payable after more than one year42€23k€19k▼
Financial debts43€53k€41k▼
Credit institutions430/8€53k€41k▼
Trade debts44€50k€48k▼
Suppliers440/4€50k€48k▼
Taxes, remuneration and social security45€132k€150k▲
Taxes450/3€63k€82k▲
Remuneration and social security454/9€69k€68k▼
Other amounts payable47/48€11k€20k▲
Accrued charges and deferred income492/3€30€30=
Income statement
Code20242025
Turnover70€1.04M€1.08M▲
Goods, raw materials, services and sundry goods60/61€445k€466k▲
Remuneration, social security and pensions62€598k€609k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€43k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€665k€695k▲
Operating profit (loss)9901€22k€42k▲
Financial income75/76B€63€2k▲
Recurring financial income75€63€2k▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€13k€37k▲
Income taxes67/77€8k€14k▲
Profit (loss) for the period9904€5k€23k▲
Profit (loss) for the period to be appropriated9905€5k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€51k▲
Profit (loss) brought forward from the previous period14P€24k€28k▲
Profit to be distributed694/7-€12k
Employees696-€12k
The notes to these accounts (11 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €23k ▲408%
Operating result €42k, net result €23k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
31-12
Financial
Weakest financial yearnet €524 ▼96.8%
Net result drops to €524, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Namur · 1 establishment unit since 2009
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.
Chaussée de Marche(WD) 6805100 NamurGround area
536 m²
Building footprint
304 m²
Volume, LiDAR
2,425 m³
Parcel 92136A0012/00P002, Wallonia · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GREENPIG
since 20092.178.865.666
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92136A0012/00P002 | Wallonia | 536 m² | 1 · 304 m² | 8.5 m · 3 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.
Similar companies · same sector, comparable size
PA-PRINT
BE 0466.856.446
Thuin · Eq €46,194
ILLUSTRATION
BE 0475.662.759
Pittem · Eq €46,357
COPYCAT
BE 0462.214.502
Kontich · Eq €46,659
C.S.S. FOTOGRAVURE
BE 0420.182.818
Tessenderlo-Ham · Eq €46,709
PRODUCTION PRINTING PARTNERS
BE 0462.298.634
Blégny · Eq €45,611
Of 1,600 companies in sector 18120 we hold annual accounts for 808. 563 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
62100Computer programming
18130Pre-press and pre-media services
58210Publishing activities
58290Other software publishing
59120Post-production of films, video and television programmes
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
70200Business and other management consultancy
73120Media representation
73300Public relations and communication consultancy
74120Graphic design and visual communication
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.