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GREET

Active
Private limited companyfounded 201610 yrs activeVlaamsekaai 68, 9000 Gent, BelgiumKBO/BCE: BE 0654.850.463

GREET has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €19k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+5
Solvency92▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 6.46 in 2024; short-term debt: 32.9% and cash: 33.9% of total assets), and 32.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025
Solvency, return and age of the figures
Solvency
67.1%
Return on assets
23.2%
Age of the figures
9 mo
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
92 d early
2024
6 d early
2023
39 d early
2022
43 d early
2021
16 d late
2020
16 d late
2019
71 d early
← before the deadline after the deadline →
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 months
Position in the running window
19-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€54k▼ 28.6%
2024 · €76k
2018: €42k 2019: €48k 2020: €53k 2021: €49k 2022: €63k 2023: €67k 2024: €76k
2018 → 2025
Total assets
€81k▼ 9.0%
2024 · €89k
2018: €52k 2019: €57k 2020: €54k 2021: €55k 2022: €65k 2023: €94k 2024: €89k
2018 → 2025
Net result
€19k▼ 29.5%
2024 · €27k
2018: €24k 2019: €24k 2020: €5k 2021: €-4k 2022: €14k 2023: €20k 2024: €27k
2018 → 2025
Working capital
€46k▼ 35.0%
2024 · €70k
2018: €28k 2019: €35k 2020: €42k 2021: €40k 2022: €56k 2023: €81k 2024: €70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€49k-€63k▲ 28.7%€67k▲ 5.7%€76k▲ 13.5%€54k▼ 28.6%
Operating result€-14k-€21k€29k▲ 39.7%€28k▼ 2.6%€25k▼ 10.6%
Net result€-4k-€14k€20k▲ 41.1%€27k▲ 34.0%€19k▼ 29.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20kOperating result 2021: €-14k€-14kNet result 2021: €-4k€-4kOperating result 2022: €21k€21kNet result 2022: €14k€14kOperating result 2023: €29k€29kNet result 2023: €20k€20kOperating result 2024: €28k€28kNet result 2024: €27k€27kOperating result 2025: €25k€25kNet result 2025: €19k€19k20212022202320242025
The operating result has fallen two years in a row; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets €9k▲ 50.1%
Current assets €72k▼ 13.1%
Equity and liabilities €81k
Equity €54k▼ 28.6%
Debt €27k▲ 107%
The debt ratio rises from 14.5% to 32.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28k
2024 · €30k
Cash flow
€21k
2024 · €29k
Solvency
67.1%
2024 · 85.5%
Current ratio
2.72
2024 · 6.46
Quick ratio
2.72
2024 · 6.46
Debt / equity
0.49
2024 · 0.17
ROE
34.6%
2024 · 35.1%
ROA
23.2%
2024 · 30.0%
Interest coverage
23.36
2024 · 5.13
Debt
€27k
2024 · €13k
Debt ≤ 1 year
€27k
2024 · €13k
Income taxes
€6k
2024 · €10k
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€89k€81k
Fixed assets21/28€6k€9k
Tangible fixed assets22/27€6k€9k
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€1k€6k
Current assets29/58€83k€72k
Amounts receivable within one year40/41€33k€28k
Trade receivables40€15k€14k
Other amounts receivable41€17k€14k
Current investments50/53€7k€15k
Cash at bank and in hand54/58€42k€27k
Deferred charges and accrued income490/1€2k€1k
Equity and liabilities
Total equity and liabilities10/49€89k€81k
Equity10/15€76k€54k
Contributions10/11€6k€19k
Reserves13€70k€36k
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€68k€36k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€13k€27k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€13k€27k
Financial debts43-€19
Credit institutions430/8-€19
Trade debts44€2k€572
Suppliers440/4€2k€572
Taxes, remuneration and social security45€11k€7k
Taxes450/3€11k€7k
Other amounts payable47/48-€19k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€1k€785
Gross operating margin9900€32k€29k
Operating profit (loss)9901€28k€25k
Financial income75/76B€14k€1k
Recurring financial income75€14k€1k
Non-recurring financial income76B-€21
Financial charges65/66B€6k€1k
Recurring financial charges65€6k€1k
Profit (loss) for the period before taxes9903€37k€25k
Income taxes67/77€10k€6k
Profit (loss) for the period9904€27k€19k
Profit (loss) for the period to be appropriated9905€27k€19k
Appropriation of the result
Profit (loss) to be appropriated9906€27k€19k
Transfer from equity791/2€18k€34k
Transfer to equity691/2€27k€0
To other reserves6921€27k€0
Profit to be distributed694/7€18k€53k
Return on contributions (dividend)694€18k€53k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €27k ▲34%
Net result €27k, the highest in the series.
22-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
18-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial Liquidity times 5current ratio 43.08
Current ratio from 8.13 to 43.08; short-term debt falls from €6k to €1k.
16-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial Weakest financial yearnet €-4k ▼167%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
16-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial Liquidity times 8current ratio 38.77
Current ratio from 4.59 to 38.77; short-term debt falls from €10k to €1k.
21-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
21-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
19-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Gent · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Vlaamsekaai 689000 Gent
Ground area
1,586 m²
Building footprint
627 m²
Volume, LiDAR
12,767 m³
Parcel 44804D3605/00P013, Flanders · tallest building 24.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Vlaamsekaai 68, 9000 Gent
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
since 20162.253.350.778
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D3605/00P013 Flanders 1,586 m² 1 · 626 m² 24.0 m · 7 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 1,041 EUR awarded · 1,041 EUR paid
Year Entries awardedpaid
2025 1 234 EUR234 EUR
2024 1 189 EUR291 EUR
2023 1 180 EUR78 EUR
2022 1 438 EUR438 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 1,041 EUR · 1,041 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

254900HKQAFUE4IXUE14
live in the LEI register

Similar companies · same sector, comparable size

Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 38,504 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-05-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.

Contact details

2 entries
E-mail:GREET@greet-consulting.COM
Enterprise
Phone:013301209
Enterprise