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LIGNE VERTE

Active
Private limited companyfounded 20233 yrs activeRue Libert Lanis 6, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0803.868.890
Summary

The computed 12-month bankruptcy probability of LIGNE VERTE is 3.2% (moderate). The 2024 annual accounts show equity of €36,519 and a net result of €21,250. Its solvency ranks better than 34% of 5897 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability88▲+10
Solvency52▲+16
Growth78
Track record94
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 0.79 in 2023; short-term debt: 36.6% and cash: 15.8% of total assets), but 72.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
27.1%
Return on assets
15.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
27 d late
2023
26 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
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

History

On 12 July 2023, LIGNE VERTE was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€36,519▲ 139%
2023 · €15,269
Total assets
€134,908▼ 2.9%
2023 · €139,003
Net result
€21,250▲ 107%
2023 · €10,269
Working capital
€25,581
2023 · -€16,008
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€18,259-€32,468▲ 77.8%
Net result€10,269within the sector's middle half-€21,250within the sector's middle half▲ 107%
Equity€15,269within the sector's middle half-€36,519within the sector's middle half▲ 139%
Total assets€139,003within the sector's middle half-€134,908within the sector's middle half▼ 2.9%
Debt€123,734-€98,388▼ 20.5%
Working capital-€16,008below the sector's middle half-€25,581within the sector's middle half
Solvency11.0%below the sector's middle half-27.1%within the sector's middle half▲ 16.1pp
Current ratio0.79below the sector's middle half-1.52within the sector's middle half▲ 0.73
Return on assets (ROA)7.4%within the sector's middle half-15.8%within the sector's middle half▲ 8.4pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2023: €18,259€18,259Net result 2023: €10,269€10,269Operating result 2024: €32,468€32,468Net result 2024: €21,250€21,25020232024€0€10,000€20,000€30,000Operating result 2023: €18,259€18,300Net result 2023: €10,269€10,300Operating result 2024: €32,468€32,500Net result 2024: €21,250€21,30020232024
The operating result rises in 2024; 2024 is 78% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €134,908
Fixed assets €59,904 ▼ 23.3%
Current assets €75,003 ▲ 23.1%
Equity and liabilities €134,908
Equity €36,519 ▲ 139%
Debt €98,388 ▼ 20.5%
Debt's share of the balance-sheet total falls from 89.0% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€50,270▲
2023 · €24,206
Cash flow
€39,052▲
2023 · €16,217
Debt to equity
2.69▼
2023 · 8.10
ROE
58.2%▼
2023 · 67.3%
Interest coverage
16.24▲
2023 · 14.61
Debt ≤ 1 year
€49,422▼
2023 · €76,952
Debt > 1 year
€45,839▼
2023 · €46,106
Income taxes
€8,126▲
2023 · €6,333
Staff costs
€742▲
2023 · €520
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€139,003€134,908▼
Fixed assets21/28€78,059€59,904▼
Tangible fixed assets22/27€78,059€59,904▼
Plant, machinery and equipment23€6,891€16,031▲
Furniture and vehicles24€71,168€43,873▼
Current assets29/58€60,944€75,003▲
Stocks and contracts in progress3€3,506€0▼
Stocks30/36€3,506€0▼
Amounts receivable within one year40/41€41,905€44,389▲
Trade receivables40€30,900€32,669▲
Other amounts receivable41€11,005€11,719▲
Cash at bank and in hand54/58€10,441€21,367▲
Deferred charges and accrued income490/1€5,093€9,247▲
Equity and liabilities
Total equity and liabilities10/49€139,003€134,908▼
Equity10/15€15,269€36,519▲
Contributions10/11€5,000€5,000=
Reserves13€10,269€31,519▲
Distributable reserves133€10,269€31,519▲
Amounts payable17/49€123,734€98,388▼
Amounts payable after more than one year17€46,106€45,839▼
Financial debts170/4€43,676€43,409▼
Other amounts payable178/9€2,430€2,430=
Amounts payable within one year42/48€76,952€49,422▼
Current portion of amounts payable after more than one year42€10,854€14,117▲
Trade debts44€16,224€15,236▼
Suppliers440/4€16,224€15,236▼
Advances received on contracts in progress46€2,037€1,280▼
Taxes, remuneration and social security45€7,821€18,790▲
Taxes450/3€7,821€16,790▲
Remuneration and social security454/9-€2,000
Other amounts payable47/48€40,016€0▼
Accrued charges and deferred income492/3€676€3,127▲
Income statement Code20232024
Non-recurring operating income76A-€197
Remuneration, social security and pensions62€520€742▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,947€17,802▲
Other operating charges640/8€2,801€2,474▼
Non-recurring operating charges66A€4,184€93▼
Gross operating margin9900€31,712€53,578▲
Operating profit (loss)9901€18,259€32,468▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€1,657€3,095▲
Recurring financial charges65€1,657€3,095▲
Profit (loss) for the period before taxes9903€16,603€29,376▲
Income taxes67/77€6,333€8,126▲
Profit (loss) for the period9904€10,269€21,250▲
Profit (loss) for the period to be appropriated9905€10,269€21,250▲
Appropriation of the result
Profit (loss) to be appropriated9906€10,269€21,250▲
Transfer to equity691/2€10,269€21,250▲
To other reserves6921€10,269€21,250▲

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

Line20232024Change
Non-recurring operating income76A-€197-
Remuneration, social security and pensions62€520€742▲ 42.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,947€17,802▲ 199%
Other operating charges640/8€2,801€2,474▼ 11.7%
Non-recurring operating charges66A€4,184€93▼ 97.8%
Gross operating margin9900€31,712€53,578▲ 69.0%
Operating profit (loss)9901€18,259€32,468▲ 77.8%
Financial income75/76B-€3-
Recurring financial income75-€3-
Financial charges65/66B€1,657€3,095▲ 86.8%
Recurring financial charges65€1,657€3,095▲ 86.8%
Profit (loss) for the period before taxes9903€16,603€29,376▲ 76.9%
Income taxes67/77€6,333€8,126▲ 28.3%
Profit (loss) for the period9904€10,269€21,250▲ 107%
Profit (loss) for the period to be appropriated9905€10,269€21,250▲ 107%
Line20232024Change
Assets
Total assets20/58€139,003€134,908▼ 2.9%
Fixed assets21/28€78,059€59,904▼ 23.3%
Tangible fixed assets22/27€78,059€59,904▼ 23.3%
Plant, machinery and equipment23€6,891€16,031▲ 133%
Furniture and vehicles24€71,168€43,873▼ 38.4%
Current assets29/58€60,944€75,003▲ 23.1%
Stocks and contracts in progress3€3,506€0▼ 100%
Stocks30/36€3,506€0▼ 100%
Amounts receivable within one year40/41€41,905€44,389▲ 5.9%
Trade receivables40€30,900€32,669▲ 5.7%
Other amounts receivable41€11,005€11,719▲ 6.5%
Cash at bank and in hand54/58€10,441€21,367▲ 105%
Deferred charges and accrued income490/1€5,093€9,247▲ 81.6%
Equity and liabilities
Total equity and liabilities10/49€139,003€134,908▼ 2.9%
Equity10/15€15,269€36,519▲ 139%
Contributions10/11€5,000€5,000=
Reserves13€10,269€31,519▲ 207%
Distributable reserves133€10,269€31,519▲ 207%
Amounts payable17/49€123,734€98,388▼ 20.5%
Amounts payable after more than one year17€46,106€45,839▼ 0.6%
Financial debts170/4€43,676€43,409▼ 0.6%
Other amounts payable178/9€2,430€2,430=
Amounts payable within one year42/48€76,952€49,422▼ 35.8%
Current portion of amounts payable after more than one year42€10,854€14,117▲ 30.1%
Trade debts44€16,224€15,236▼ 6.1%
Suppliers440/4€16,224€15,236▼ 6.1%
Advances received on contracts in progress46€2,037€1,280▼ 37.2%
Taxes, remuneration and social security45€7,821€18,790▲ 140%
Taxes450/3€7,821€16,790▲ 115%
Remuneration and social security454/9-€2,000-
Other amounts payable47/48€40,016€0▼ 100%
Accrued charges and deferred income492/3€676€3,127▲ 363%
Line20232024Change
Profit (loss) for the period9904€10,269€21,250▲ 107%
+ Depreciation and write-downs630€5,947€17,802▲ 199%
Operating cash flow (approximation)€16,217€39,052▲ 141%
Investment in fixed assets (approximation)-€352-
Change in cash-€10,927-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Braine-le-Château · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
373 m²
Building footprint
87 m²
Parcel 25015A0393/00K004, Wallonia. Linked by address, not a title deed.
1 establishment unit
LIGNE VERTE
Rue Libert Lanis 6, 1440 Braine-le-ChâteauLogging
since 20232.348.116.711
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25015A0393/00K004 Wallonia 373 m² 1 · 87 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 21,227 companies in sector 81300 we hold annual accounts for 4,369. 3,496 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
42212Civil engineering
43120Site preparation
43350Other building finishing work
82990Other business support services
Contact
E-mail ligneverte2828@gmail.com
Phone +32487337665
E-mail cardosohugo28@gmail.comBraine-le-Château
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803868890
Also 9925:BE0803868890
Registered 15-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.