GREENWAY
ActiveSummary
The computed 12-month bankruptcy probability of GREENWAY is 1.7% (moderate). For GREENWAY, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €886,148 and a net result of -€37,159. Equity remains stable across the filed fiscal years (±2.3% per year). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability15▼-52
Solvency89▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven 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
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 2024Solvency, return and age of the figures
Solvency
64.2%
Return on assets
-2.7%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 332 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 28-11-2024, 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
not filed
2024
28 d late
2023
15 d late
2022
201 d late
2021
226 d late
2019
9 d early
2018
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 69 days after 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 (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€37,159▼ 70.3%
2023 · -€21,818
Working capital
-€296,505▼ 639%
2023 · -€40,122
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
Line20192021202220232024
Operating result-€1,833-€403,842--€26,988-€26,311▲ 2.5%-€42,103▼ 60.0%
Net result-€1,851-€280,499--€22,516-€21,818▲ 3.1%-€37,159▼ 70.3%
Equity€697,285-€967,641-€945,125▼ 2.3%€923,307▼ 2.3%€886,148▼ 4.0%
Total assets€703,720-€1.2m-€1.1m▼ 2.1%€1.5m▲ 26.8%€1.4m▼ 5.3%
Debt€6,435-€74,266-€76,718▲ 3.3%€410,879▲ 436%€375,785▼ 8.5%
Working capital€483,248-€221,813-€277,192▲ 25.0%-€40,122-€296,505▼ 639%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42,103 in 2024 against €26,311 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.3m ▲ 19.8%
Current assets
€79,280 ▼ 78.6%
Equity and liabilities €1.4m
Equity
€886,148 ▼ 4.0%
Provisions
€118,639 ▼ 3.7%
Debt
€375,785 ▼ 8.5%
Debt's share of the balance-sheet total falls from 28.2% to 27.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€405▼
2023 · €5,075
Cash flow
€4,539▼
2023 · €9,568
Current ratio
0.21▼
2023 · 0.90
Debt to equity
0.42▼
2023 · 0.45
ROE
-4.2%▼
2023 · -2.4%
ROA
-2.7%▼
2023 · -1.5%
Interest coverage
-4.40▼
2023 · 72.50
Debt ≤ 1 year
€375,785▼
2023 · €410,879
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €25,285 | €26,303 | €31,386 | €41,698 | ▲ 32.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €109,018 | - | -€69,564 | - | - |
| Other operating charges640/8 | - | €1,402 | €3,850 | €72,745 | €3,364 | ▼ 95.4% |
| Non-recurring operating charges66A | - | - | - | €1,122 | - | - |
| Gross operating margin9900 | -€1,833 | €539,547 | €3,165 | €9,378 | €2,959 | ▼ 68.4% |
| Operating profit (loss)9901 | -€1,833 | €403,842 | -€26,988 | -€26,311 | -€42,103 | ▼ 60.0% |
| Financial income75/76B | - | - | - | - | €473 | - |
| Recurring financial income75 | - | - | - | - | €473 | - |
| Financial charges65/66B | - | €141 | €91 | €70 | €92 | ▲ 31.4% |
| Recurring financial charges65 | €18 | €141 | €91 | €70 | €92 | ▲ 31.4% |
| Profit (loss) for the period before taxes9903 | -€1,851 | €403,701 | -€27,079 | -€26,381 | -€41,722 | ▼ 58.2% |
| Transfer from deferred taxes780 | - | €13,689 | €4,563 | €4,563 | €4,563 | = |
| Transfer to deferred taxes680 | - | €136,891 | - | - | - | - |
| Profit (loss) for the period9904 | -€1,851 | €280,499 | -€22,516 | -€21,818 | -€37,159 | ▼ 70.3% |
| Transfer from tax-exempt reserves789 | - | €4,563 | €13,689 | €13,689 | €13,689 | = |
| Transfer to tax-exempt reserves689 | - | €410,674 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1,851 | -€125,612 | -€8,827 | -€8,129 | -€23,470 | ▼ 189% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €703,720 | €1.2m | €1.1m | €1.5m | €1.4m | ▼ 5.3% |
| Fixed assets21/28 | €214,037 | €878,157 | €795,698 | €1.1m | €1.3m | ▲ 19.8% |
| Tangible fixed assets22/27 | €214,037 | €878,157 | €795,698 | €1.1m | €1.3m | ▲ 19.8% |
| Land and buildings22 | - | €869,612 | €783,045 | €758,080 | €733,115 | ▼ 3.3% |
| Plant, machinery and equipment23 | - | €8,545 | €12,653 | €328,551 | €568,177 | ▲ 72.9% |
| Current assets29/58 | €489,683 | €296,079 | €353,910 | €370,757 | €79,280 | ▼ 78.6% |
| Amounts receivable within one year40/41 | €6,275 | €6,055 | €6,275 | €326,035 | €76,684 | ▼ 76.5% |
| Trade receivables40 | - | €6,055 | €6,275 | €307,229 | €37,313 | ▼ 87.9% |
| Other amounts receivable41 | - | - | - | €18,806 | €39,371 | ▲ 109% |
| Cash at bank and in hand54/58 | €483,408 | €290,024 | €347,635 | €43,816 | €1,597 | ▼ 96.4% |
| Deferred charges and accrued income490/1 | - | - | - | €906 | €999 | ▲ 10.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €703,720 | €1.2m | €1.1m | €1.5m | €1.4m | ▼ 5.3% |
| Equity10/15 | €697,285 | €967,641 | €945,125 | €923,307 | €886,148 | ▼ 4.0% |
| Contributions10/11 | €545,000 | €545,000 | €545,000 | €545,000 | €545,000 | = |
| Capital10 | - | - | - | - | €545,000 | - |
| Issued capital100 | - | - | - | - | €545,000 | - |
| Reserves13 | €54,500 | €451,484 | €437,795 | €424,106 | €410,417 | ▼ 3.2% |
| Non-distributable reserves130/1 | - | €54,500 | €54,500 | €54,500 | €54,500 | = |
| Reserves not available under the articles1311 | - | €54,500 | €54,500 | €54,500 | €54,500 | = |
| Tax-exempt reserves132 | - | €396,984 | €383,295 | €369,606 | €355,917 | ▼ 3.7% |
| Profit (loss) carried forward14 | €97,785 | -€28,843 | -€37,670 | -€45,799 | -€69,269 | ▼ 51.2% |
| Provisions and deferred taxes16 | - | €132,329 | €127,765 | €123,202 | €118,639 | ▼ 3.7% |
| Deferred taxes168 | - | €132,329 | €127,765 | €123,202 | €118,639 | ▼ 3.7% |
| Amounts payable17/49 | €6,435 | €74,266 | €76,718 | €410,879 | €375,785 | ▼ 8.5% |
| Amounts payable within one year42/48 | €6,435 | €74,266 | €76,718 | €410,879 | €375,785 | ▼ 8.5% |
| Financial debts43 | - | - | - | - | €6 | - |
| Credit institutions430/8 | - | - | - | - | €6 | - |
| Trade debts44 | €6,435 | €5,566 | €5,855 | €338,283 | €40,996 | ▼ 87.9% |
| Suppliers440/4 | - | €5,566 | €5,855 | €338,283 | €40,996 | ▼ 87.9% |
| Other amounts payable47/48 | - | €68,700 | €70,863 | €72,596 | €334,783 | ▲ 361% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,851 | €280,499 | -€22,516 | -€21,818 | -€37,159 | ▼ 70.3% |
| + Depreciation and write-downs630 | - | €25,285 | €26,303 | €31,386 | €41,698 | ▲ 32.9% |
| Operating cash flow (approximation) | -€1,851 | €305,784 | €3,787 | €9,568 | €4,539 | ▼ 52.6% |
| Investment in fixed assets (approximation) | - | - | €56,156 | -€322,319 | -€256,359 | ▲ 20.5% |
| Change in cash | - | - | €57,611 | -€303,819 | -€42,219 | ▲ 86.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
31-03
Financial
Weakest financial yearnet -€37,159
Net result drops to -€37,159, the lowest in the series.
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 201 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 226 days late
2021
31-03
Financial
Back to profitnet €280,499
Net result €280,499 after one loss-making year.
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2015
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
28-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Profondeville · 2 establishment units since 1995
Ground area
7,168 m²
Building footprint
1,862 m²
Volume, LiDAR
17,318 m³
3 parcels, Brussels, Wallonia · tallest building 21.8 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
GREENWAY SA
since 19952.070.370.374
GREENWAY SA
since 19962.070.370.473
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92014B0063/02L000 | Wallonia | 4,884 m² | 1 · 266 m² | 10.3 m · 3 fl. |
| 21905C0024/00W002 | Brussels | 1,700 m² | 1 · 1,393 m² | 16.8 m · 3 fl. |
| 21902A0436/00T002 | Brussels | 585 m² | 1 · 203 m² | 21.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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
Founded28-12-1994
Fiscal year end31-03
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.
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Register as of 28 September 2026 · Peppol Directory
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