LE VERT GALANT
ActiveLE VERT GALANT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 68% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-22
Solvency78▲+5
Growth57▲+13
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.89 in 2023; short-term debt: 46.5% and cash: 89.8% of total assets), and 46.5% of the assets are financed with debt.
Credit advice for your own amount and term
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
53.5%
Return on assets
16.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
20 d late
2022
28 d late
2021
19 d late
2020
27 d late
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€52k▼ 6.3%
2023 · €55k
2018: €71k
2019: €59k
2020: €25k
2021: €40k
2022: €46k
2023: €55k
2018 → 2024
EBIT margin
15.3%▼ 4.0pp
2023 · 19.3%
2018: -3.4%
2019: -12.8%
2020: -64.1%
2021: 8.9%
2022: 8.2%
2023: 19.3%
2018 → 2024
Net result
€5k▼ 35.2%
2023 · €8k
2018: €-2k
2019: €-8k
2020: €-11k
2021: €3k
2022: €5k
2023: €8k
2018 → 2024
Working capital
€14k▲ 19.6%
2023 · €12k
2018: €6k
2019: €2k
2020: €-4k
2021: €-869
2022: €4k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€25k-€40k▲ 61.9%€46k▲ 14.8%€55k▲ 19.7%€52k▼ 6.3%
Equity€-4k-€-628▲ 84.2%€4k€12k▲ 204%€18k▲ 43.4%
Operating result€-16k-€4k€4k▲ 5.9%€11k▲ 181%€8k▼ 25.8%
Net result€-11k-€3k€5k▲ 40.0%€8k▲ 76.4%€5k▼ 35.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€3k▲ 1,243%
Current assets
€30k▲ 16.2%
Equity and liabilities €33k
Equity
€18k▲ 43.4%
Debt
€15k▲ 13.3%
The debt ratio falls from 52.4% to 46.5%. Equity and debt are higher.
Key figures and ratios
Solvency
53.5%▲
2023 · 47.6%
Current ratio
1.94▲
2023 · 1.89
Quick ratio
1.94▲
2023 · 1.89
Debt / equity
0.87▼
2023 · 1.10
ROE
30.3%▼
2023 · 67.1%
ROA
16.2%▼
2023 · 31.9%
Debt
€15k▲
2023 · €14k
Debt ≤ 1 year
€15k▲
2023 · €14k
Income taxes
€3k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€26k€33k▲
Fixed assets21/28€241€3k▲
Financial fixed assets28€241€3k▲
Current assets29/58€26k€30k▲
Amounts receivable within one year40/41€753-
Trade receivables40€15-
Other amounts receivable41€738-
Cash at bank and in hand54/58€25k€30k▲
Deferred charges and accrued income490/1€146€146=
Equity and liabilities
Total equity and liabilities10/49€26k€33k▲
Equity10/15€12k€18k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-8k€-3k▲
Amounts payable17/49€14k€15k▲
Amounts payable within one year42/48€14k€15k▲
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48-€2k
Income statement
Code20232024
Turnover70€55k€52k▼
Non-recurring operating income76A€2k€2k▼
Goods, raw materials, services and sundry goods60/61€46k€45k▼
Other operating charges640/8€463€751▲
Gross operating margin9900€11k€9k▼
Operating profit (loss)9901€11k€8k▼
Financial income75/76B€126€240▲
Recurring financial income75€126€240▲
Non-recurring financial income76B-€240
Financial charges65/66B€395€232▼
Recurring financial charges65€395€232▼
Profit (loss) for the period before taxes9903€10k€8k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€8k€5k▼
Profit (loss) for the period to be appropriated9905€8k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-3k▲
Profit (loss) brought forward from the previous period14P€-16k€-8k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Highest result since 2018net €8k ▲76.4%
Operating result €11k, net result €8k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2008
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.
Vleurgatse Steenweg 461050 ElseneGround area
962 m²
Building footprint
398 m²
Volume, LiDAR
4,057 m³
2 parcels, Brussels, Flanders · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LE VERT GALANT
since 20082.174.482.949
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552F0009/00E066 | Flanders | 820 m² | 1 · 342 m² | 13.3 m · 4 fl. |
| 21444B0032/00W000 | Brussels | 142 m² | 1 · 56 m² | 18.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 263 companies in sector 47511 we hold annual accounts for 98. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-1991
Fiscal year end31-12
Activities, NACEBEL
47511Retail trade
22120Manufacture of rubber and plastic products
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.