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GrowGreen

Active
Private limited company (pre-2019)founded 20179 years activeHenri Stacquetstraat 61, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0681.441.727
Summary

The annual accounts of GrowGreen for fiscal year 2025 show a net loss of 66% of total assets. The 2025 annual accounts show equity of €4,768 and a net result of -€3,446. Equity is shrinking by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 22,158 sector peers (NACE 47, fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Retail sale of flowers, plants, seeds and fertilisers
NACE 47761
1 site
Size
€5,243total assets 2025
Equity
€4,768
Loss
-€3,446
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts filed 30 days late0 of 2 deeds read
Why 56Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Latest accounts 30 days late; 2 of the last 3 late- Loss of €3,446, the second in a row (FY 2025)+ Liquidity: current ratio 11.04, cash €5,143+ Equity €4,768 (90.9% of total assets)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 47, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 90.9% of total assets
Liquidity 100+2
short-term debt 9.1% · cash 98.1%
Profitability 0=
return on assets -65.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,186 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.5 percentage points vs 07-2025 09-2025: 1.4%▲ +0.2 percentage points vs 08-2025 10-2025: 2.4%▲ +1.0 percentage point vs 09-2025highest value 11-2025: 0.7%▼ -1.7 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 0.6%▼ -0.4 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 11.04 against 7.5 in 2024; short-term debt: 9.1% and cash: 98.1% of total assets), and 9.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 99% on liquidity, 6% on profitability and 12% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 30 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 11.04, cash €5,143
NBB · annual accounts
raises risk · Loss of €3,446, the second in a row (FY 2025)
NBB · annual accounts
lowers risk · Equity €4,768 (90.9% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,446
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filings
Deviation from the deadline
2025
30 days late
2024
61 days late
2023
31 days late
2022
28 days late
2021
31 days late
2020
19 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: 5 loss-making years in a rowloss fiscal year 2025 -€3,446 View
  • Positive: Among the best 6% on solvencysector median 33.8% · 22,158 companies 90.9% View
  • Total assets 20256 fiscal years filed €5,243 View

By topic

Financials

Fiscal year
2025
Total assets
€5,243
Loss
-€3,446
Solvency
90.9%
Total assets▼ 44.7%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2019
Next accounts
by 31-07-2027
  1. 31-12-2023Liquidity triples
  2. 28-08-2023Annual accounts filed
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of flowers, plants, seeds and fertilisersNACE 47761
Founded
15-09-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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