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Groenfactor

Active
Private limited companyfounded 20179 yrs activeLindelei 14, 2531 Boechout, BelgiumKBO/BCE: BE 0672.723.704

Groenfactor has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €36k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 71% of 444 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
90 / 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▲+15
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 1.59 in 2024), and 43.7% 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 risk+raises riskneutral
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
Sector 81
higher
← 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
56.3%
Return on assets
16%
Age of the figures
8 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 05-06-2026, 56 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
56 d early
2024
57 d early
2023
69 d early
2022
4 d late
2021
67 d early
2020
50 d early
2019
35 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
04-09-2026 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
€126k▼ 18.8%
2024 · €155k
2022: €110k 2023: €147k 2024: €155k
2022 → 2025
Total assets
€224k▼ 33.2%
2024 · €335k
2022: €416k 2023: €383k 2024: €335k
2022 → 2025
Net result
€36k▼ 36.3%
2024 · €56k
2022: €44k 2023: €37k 2024: €56k
2022 → 2025
Working capital
€75k▲ 7.1%
2024 · €70k
2022: €126k 2023: €111k 2024: €70k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€110k-€147k▲ 33.7%€155k▲ 5.6%€126k▼ 18.8%
Operating result€53k-€49k▼ 7.5%€70k▲ 43.6%€84k▲ 19.6%
Net result€44k-€37k▼ 16.3%€56k▲ 52.0%€36k▼ 36.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2022: €53k€53kNet result 2022: €44k€44kOperating result 2023: €49k€49kNet result 2023: €37k€37kOperating result 2024: €70k€70kNet result 2024: €56k€56kOperating result 2025: €84k€84kNet result 2025: €36k€36k2022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224k
Fixed assets €95k▼ 35.4%
Current assets €129k▼ 31.5%
Equity and liabilities €224k
Equity €126k▼ 18.8%
Debt €98k▼ 45.6%
The debt ratio falls from 53.7% to 43.7%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€140k
2024 · €124k
Cash flow
€93k
2024 · €111k
Solvency
56.3%
2024 · 46.3%
Current ratio
2.39
2024 · 1.59
Quick ratio
2.39
2024 · 1.59
Debt / equity
0.78
2024 · 1.16
ROE
28.5%
2024 · 36.3%
ROA
16.0%
2024 · 16.8%
Interest coverage
3.68
2024 · 62.55
Debt
€98k
2024 · €180k
Debt ≤ 1 year
€54k
2024 · €118k
Debt > 1 year
€29k
2024 · €42k
Income taxes
€12k
2024 · €15k
Staff costs
€272k
2024 · €245k
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
Total assets 20/58€335k€224k
Fixed assets 21/28€147k€95k
Tangible fixed assets 22/27€147k€95k
Financial fixed assets 28€135€135=
Current assets 29/58€188k€129k
Amounts receivable within one year 40/41€14k€25k
Investments 50/53€50k€0
Cash & bank 54/58€111k€90k
Total equity & liabilities 10/49€335k€224k
Equity 10/15€155k€126k
Contributions / capital 10/11€19k€19k=
Reserves 13€137k€107k
Accumulated profits (losses) 14€0€0=
Amounts payable 17/49€180k€98k
Amounts payable after one year 17€42k€29k
Amounts payable within one year 42/48€118k€54k
Trade debts payable within one year 44€20k€17k
Income statement Code20242025
Gross operating margin 9900€371k€415k
Operating result 9901€70k€84k
Financial income 75€4k€2k
Financial charges 65€2k€38k
Result before taxes 9903€72k€48k
Income taxes 67/77€15k€12k
Net result for the period 9904€56k€36k
Result to be appropriated 9905€56k€36k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €36k ▼36.3%
Net result drops to €36k, the lowest in the series.
04-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2022net €56k ▲52%
Net result €56k, the highest in the series.
31-12
Financial Equity above €150kEq €155k ▲5.6%
3 profitable years in a row build equity to €155k.
23-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
08-06
State Gazette act Minor change
Statutes change · Stephane Van Roosbroeck
2022
25-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 21,236 companies in sector 81300 we hold annual accounts for 4,174. 3,482 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-03-2017
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
43320Joinery installation
47522Retail trade
47553Retail trade
47593Retail trade
47761Retail sale of flowers, plants, seeds and fertilisers
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 26-08-2026. Scores and ratios are computed by Checked and are not a credit decision.