Debts
€132,796 77% of the balance sheet
Financial debts 86%Suppliers 1%Taxes and wages 6%Other 7%
Of this, €18,214 falls due within a year.
InvestInGreen
Lifetime
14 annual accounts with figures on one time axispeak €40,867 (2023)
€32,927▲ 122%
lowest -€16,098 (2024)
€7,275▲ €23,372
peak €48,175 (2023)
€39,352▲ 22.7%
€132,796▼ 24.8%
Board2 names since 2020
1 directorCallewaert Godelieva
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €14,816 to €32,927Back to profit: €7,275Equity from €32,077 to €39,352Debts from €176,542 to €132,796
Key points
from the 2025 annual accountsLiquidity
3.11 was 1.23 in 2024
Short-term debts fell from €56,372 to €18,214.
At the same address
36 companies
2025 accounts filed 26 days after the deadline
Checked score
96
Excellent
Financially stronger than 65% of micro companies in electricity, gas and steam (NACE 35)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 542 companies (NACE 35, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.7 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.11, cash €35,282
Founded in 2011
Sector: Electricity, gas, steam and air conditioning supply (NACE 35)
Figures for financial year 2025 (filed on 27-08-2026)
Calculation
The band follows from the bankruptcy probability. 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 35, micro). It does better than 38% of them on solvency, 73% on liquidity, 68% on profitability and 80% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as InvestInGreen has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of InvestInGreen itself is lower: 0.1% within 12 months. It rests on far more data about InvestInGreen than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for InvestInGreen. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.11 (1.23 in 2024), above the usual 1.5. Short-term debt is 10.6% and cash 20.5% of total assets. However, 77.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
26 days late
2024
30 days late
2023
30 days late
2022
31 days late
2021
32 days early
2020
66 days early
2019
126 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0836292527
Registered office moved from Ixelles to Izegem
New registered office: Ambachtenstraat 33, 8870 Izegem · Previous registered office: Marsveldplein 5, 1050 Elsene · General meeting of 14-12-2021 · Gazette deed
Resignation: Filip De Brouwere (statutory director)
Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
Incorporation
published on 26-05-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| InvestInGreen Izegem | €172,148 | €32,927 | 22.9% | - |
| ARTRADA Alveringem | €229,576 | €52,303 | 15.9% | - |
| ELEC-YE Evere | €272,768 | €42,277 | 43.9% | - |
| BELCHARGE Schaerbeek | €125,194 | €54,297 | 57.5% | - |
| E-GENIUS Evere | €234,108 | €74,721 | 88.3% | - |
| ORKA KONTICH Londerzeel | €229,711 | €11,661 | 88.3% | - |
| SolarRhode Oosterzele | €94,984 | €81,470 | 29.0% | - |
These companies have the same main activity as InvestInGreen: electricity, gas, steam and air conditioning supply (NACE 35150). They are comparable in size and age: total assets between €95,000 and €273,000, founded between 2007 and 2015.
Official details
Source: KBO- Status
- Active since 13-05-2011Normal situation
- Registered office
- 37 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Electricity, gas, steam and air conditioning supplyNACE 35150and 1 other
- Establishment unit
- 2.199.603.0788870 Izegem, since 13-05-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 17-02-2026
Insights on InvestInGreen
InvestInGreen files the micro format. That format states no turnover. The gross margin fell from €34,468 in 2012 to €32,927 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about InvestInGreen
- What is the company number of InvestInGreen?
- The company number of InvestInGreen is 0836.292.527. The VAT number is the same number with BE in front: BE 0836.292.527.
- Where is InvestInGreen based?
- The registered office is at Ambachtenstraat 33, 8870 Izegem.Company details
- What does InvestInGreen do?
- According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35150).
- What is the legal form of InvestInGreen?
- InvestInGreen is a private limited company (BV).
- When was InvestInGreen founded?
- InvestInGreen was founded on 13-05-2011.
- Is InvestInGreen still active?
- Yes, InvestInGreen is an active enterprise in the KBO register.
- What is the turnover of InvestInGreen?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €32,927 and 2,934 comparable companies of the same size. It probably lies between €80,000 and €240,000. It is a rough estimate.Financials
- Is InvestInGreen profitable?
- In financial year 2025, InvestInGreen made a profit of €7,275.
- Where can I find the annual accounts of InvestInGreen?
- InvestInGreen filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of InvestInGreen due?
- InvestInGreen must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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