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GREENVISION

Active
Private limited companyfounded 200224 yrs activeBareelstraat 82, 9160 Lokeren, BelgiumKBO/BCE: BE 0477.528.921
Summary

GREENVISION has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €22k. Equity is growing by ~49.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 4522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability84▲+21
Solvency48▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.95 in 2024; short-term debt: 46.9% and cash: 32.5% of total assets), and 76.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-10-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
on the day
2023
4 d early
2022
3 d early
2021
2 d late
2020
5 d late
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 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

Financials · fiscal year 2025, micro schema

Equity
€43k▲ 110%
2024 · €20k
2019: €-3k 2020: €-13k▼ -345% vs 2019lowest in 7 years 2021: €3k▲ +122% vs 2020 2022: €17k▲ +487% vs 2021 2023: €30k▲ +75.3% vs 2022 2024: €20k▼ -31.4% vs 2023 2025: €43k▲ +110% vs 2024highest in 7 years
2019 → 2025
Total assets
€182k▼ 6.1%
2024 · €194k
2019: €203k 2020: €188k▼ -7.6% vs 2019 2021: €191k▲ +1.9% vs 2020 2022: €193k▲ +1.1% vs 2021 2023: €214k▲ +10.8% vs 2022highest in 7 years 2024: €194k▼ -9.4% vs 2023 2025: €182k▼ -6.1% vs 2024lowest in 7 years
2019 → 2025
Net result
€22k
2024 · €-9k
2019: €37khighest in 7 years 2020: €-10k▼ -127% vs 2019lowest in 7 years 2021: €16k▲ +258% vs 2020 2022: €17k▲ +4.3% vs 2021 2023: €13k▼ -22.9% vs 2022 2024: €-9k▼ -173% vs 2023 2025: €22k▲ +340% vs 2024
2019 → 2025
Working capital
€-21k▼ 501%
2024 · €-3k
2019: €-15k 2020: €-25k▼ -66.9% vs 2019lowest in 7 years 2021: €-321▲ +98.7% vs 2020 2022: €11k▲ +3488% vs 2021highest in 7 years 2023: €9k▼ -14.3% vs 2022 2024: €-3k▼ -137% vs 2023 2025: €-21k▼ -501% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€3k-€17k▲ 487%€30k▲ 75.3%€20k▼ 31.4%€43k▲ 110% 2021: €3klowest in 5 years 2022: €17k▲ +487% vs 2021 2023: €30k▲ +75.3% vs 2022 2024: €20k▼ -31.4% vs 2023 2025: €43k▲ +110% vs 2024highest in 5 years
Operating result€17k-€21k▲ 25.5%€17k▼ 18.2%€-8k€31k 2021: €17k 2022: €21k▲ +25.5% vs 2021 2023: €17k▼ -18.2% vs 2022 2024: €-8k▼ -149% vs 2023lowest in 5 years 2025: €31k▲ +476% vs 2024highest in 5 years
Net result€16k-€17k▲ 4.3%€13k▼ 22.9%€-9k€22k 2021: €16k 2022: €17k▲ +4.3% vs 2021 2023: €13k▼ -22.9% vs 2022 2024: €-9k▼ -173% vs 2023lowest in 5 years 2025: €22k▲ +340% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €17k€17kNet result 2021: €16k€16kOperating result 2022: €21k€21kNet result 2022: €17k€17kOperating result 2023: €17k€17kNet result 2023: €13k€13kOperating result 2024: €-8k€-8kNet result 2024: €-9k€-9kOperating result 2025: €31k€31kNet result 2025: €22k€22k20212022202320242025€-20k€0€20k€40kOperating result 2023: €17k€17kNet result 2023: €13k€13kOperating result 2024: €-8k€-8.4kNet result 2024: €-9k€-9.3kOperating result 2025: €31k€31kNet result 2025: €22k€22k202320242025
The operating result returns to profit in 2025: €31k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182k
Fixed assets €118k ▼ 7.3%
Current assets €65k ▼ 3.9%
Equity and liabilities €182k
Equity €43k ▲ 110%
Debt €140k ▼ 19.7%
Debt's share of the balance-sheet total falls from 89.5% to 76.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57k▲
2024 · €18k
Cash flow
€48k▲
2024 · €17k
Current ratio
0.76▼
2024 · 0.95
Debt to equity
3.27▼
2024 · 8.53
ROE
52.3%▲
2024 · -45.8%
ROA
12.3%▲
2024 · -4.8%
Interest coverage
60.52▲
2024 · 22.83
Debt ≤ 1 year
€85k▲
2024 · €71k
Debt > 1 year
€52k▼
2024 · €101k
Income taxes
€8k▲
2024 · €164
Staff costs
€116
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 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€194k€182k▼
Fixed assets21/28€127k€118k▼
Tangible fixed assets22/27€127k€118k▼
Land and buildings22€88k€76k▼
Plant, machinery and equipment23€3k€13k▲
Furniture and vehicles24€36k€28k▼
Financial fixed assets28€0-
Current assets29/58€67k€65k▼
Amounts receivable within one year40/41€13k€2k▼
Trade receivables40€11k€2k▼
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€51k€59k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€194k€182k▼
Equity10/15€20k€43k▲
Contributions10/11€6k€6k=
Reserves13€23k€36k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€23k€36k▲
Profit (loss) carried forward14€-9k€0▲
Amounts payable17/49€174k€140k▼
Amounts payable after more than one year17€101k€52k▼
Financial debts170/4€101k€52k▼
Amounts payable within one year42/48€71k€85k▲
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Other amounts payable47/48€57k€65k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62-€116
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€25k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€22k€59k▲
Operating profit (loss)9901€-8k€31k▲
Financial income75/76B€0€214▲
Recurring financial income75€0€214▲
Financial charges65/66B€797€936▲
Recurring financial charges65€797€936▲
Profit (loss) for the period before taxes9903€-9k€31k▲
Income taxes67/77€164€8k▲
Profit (loss) for the period9904€-9k€22k▲
Profit (loss) for the period to be appropriated9905€-9k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€13k▲
Profit (loss) brought forward from the previous period14P-€-9k
Transfer to equity691/2€0€13k▲
To other reserves6921€0€13k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A--€12k€0--
Remuneration, social security and pensions62----€116-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k€23k€27k€25k▼ 5.2%
Other operating charges640/8-€2k€2k€3k€2k▼ 43.4%
Gross operating margin9900€40k€44k€41k€22k€59k▲ 172%
Operating profit (loss)9901€17k€21k€17k€-8k€31k▲ 476%
Financial income75/76B-€113€130€0€214-
Recurring financial income75-€113€130€0€214-
Financial charges65/66B-€657€622€797€936▲ 17.4%
Recurring financial charges65€650€657€622€797€936▲ 17.4%
Profit (loss) for the period before taxes9903€16k€20k€17k€-9k€31k▲ 436%
Income taxes67/77€173€4k€4k€164€8k▲ 5,016%
Profit (loss) for the period9904€16k€17k€13k€-9k€22k▲ 340%
Profit (loss) for the period to be appropriated9905€16k€17k€13k€-9k€22k▲ 340%
Line20212022202320242025Change
Assets
Total assets20/58€191k€193k€214k€194k€182k▼ 6.1%
Fixed assets21/28€136k€121k€133k€127k€118k▼ 7.3%
Tangible fixed assets22/27€136k€121k€133k€127k€118k▼ 7.3%
Land and buildings22-€103k€92k€88k€76k▼ 13.4%
Plant, machinery and equipment23-€4k€3k€3k€13k▲ 415%
Furniture and vehicles24-€14k€38k€36k€28k▼ 21.9%
Financial fixed assets28€160€160€160€0--
Current assets29/58€55k€72k€81k€67k€65k▼ 3.9%
Amounts receivable within one year40/41€6k€8k€21k€13k€2k▼ 84.5%
Trade receivables40-€3k€21k€11k€2k▼ 81.6%
Other amounts receivable41-€5k€112€2k€0▼ 100%
Cash at bank and in hand54/58€47k€61k€57k€51k€59k▲ 16.9%
Deferred charges and accrued income490/1-€2k€4k€3k€3k▲ 4.1%
Equity and liabilities
Total equity and liabilities10/49€191k€193k€214k€194k€182k▼ 6.1%
Equity10/15€3k€17k€30k€20k€43k▲ 110%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€2k€11k€23k€23k€36k▲ 55.4%
Non-distributable reserves130/1-€2k€2k€0--
Reserves not available under the articles1311--€2k€0--
Other1319-€2k----
Distributable reserves133-€9k€22k€23k€36k▲ 55.4%
Profit (loss) carried forward14€-5k-€0€-9k€0▲ 100%
Amounts payable17/49€188k€176k€185k€174k€140k▼ 19.7%
Amounts payable after more than one year17€131k€114k€110k€101k€52k▼ 48.5%
Financial debts170/4-€114k€110k€101k€52k▼ 48.5%
Amounts payable within one year42/48€55k€61k€72k€71k€85k▲ 20.9%
Current portion of amounts payable after more than one year42-€4k€4k€4k€3k▼ 15.4%
Trade debts44€8k€8k€9k€6k€8k▲ 44.1%
Suppliers440/4-€8k€9k€6k€8k▲ 44.1%
Taxes, remuneration and social security45--€4k€4k€9k▲ 136%
Taxes450/3--€4k€4k€9k▲ 136%
Other amounts payable47/48-€49k€54k€57k€65k▲ 13.2%
Accrued charges and deferred income492/3-€2k€3k€2k€2k▲ 3.2%
Line20212022202320242025Change
Profit (loss) for the period9904€16k€17k€13k€-9k€22k▲ 340%
+ Depreciation and write-downs630€22k€22k€23k€27k€25k▼ 5.2%
Operating cash flow (approximation)€37k€38k€35k€17k€48k▲ 176%
Investment in fixed assets (approximation)-€-7k€-34k€-20k€-16k▲ 20.7%
Change in cash-€15k€-5k€-6k€9k▲ 246%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
10-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Back to profitnet €22k
Net result €22k after one loss-making year.
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
02-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
2020
05-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
31-03
Financial Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
12-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
05-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
10-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has 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
3 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, Lokeren · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
3,646 m²
Building footprint
213 m²
Volume, LiDAR
429 m³
Parcel 46384C0034/00N000, Flanders · tallest building 7.3 m. Linked by address, not a title deed.
1 establishment unit
Bareelstraat 82, 9160 Lokeren
Raising of dairy cattle
since 20022.101.818.368
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46384C0034/00N000 Flanders 3,646 m² 1 · 213 m² 7.3 m
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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 140 EUR awarded
Year Entries awardedpaid
2023 1 140 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 140 EUR · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

1 ended
Hovenier-aanleg (so)
ended · 2017 to 2022

Similar companies · same sector, comparable size

Of 21,213 companies in sector 81300 we hold annual accounts for 4,364. 3,551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-05-2002
Fiscal year end31-03
Activities, NACEBEL 2025
81300Landscape service activities

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