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THE GREEN SIDE

Active
Private limited companyfounded 2008active for 18 yearsNatiënlaan 289-291, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0899.689.846
Summary

THE GREEN SIDE has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €674,213, of which €643,338 non-recurring income. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 51% of 11,186 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
THE GREEN SIDEActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Activity
Development of non-residential building projects
NACE 68122Development of residential building projects NACE 68121
1 site
Size
€5.0mtotal assets 2025
Staff
2.1 FTE
Equity
€1.6m
Profit
€674,213
Turnover not published (abbreviated format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
THE GREEN OWNERS · 100%
  • THE GREEN OWNERS BVDirector
2025 accounts 65 days early1 of 7 deeds summarised
Why 89raises riskLiquidity: current ratio 0.84, cash €21,360, halvedlowers riskSize: 2.1 FTE, total assets €5.0mFigures for financial year 2025 (filed 31-05-2026)Founded in 2008Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 57-3
equity 31.7% of total assets
Liquidity 51-2
short-term debt 7.7% · cash 0.4%
Profitability 86+10
return on assets 13.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,613 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 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: 0.3%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.84, compared with 0.75 in 2024, below 1; short-term debt: 7.7% and cash: 0.4% of total assets), and 68.3% of the assets are financed with debt and provisions.
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 68, micro): better than 50% on solvency, 54% on liquidity, 83% on profitability and 23% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.84, cash €21,360, halved
NBB · annual accounts
lowers risk · Size: 2.1 FTE, total assets €5.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 31-05-2026)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 days early
2024
83 days early
2023
124 days early
2022
123 days early
2021
44 days early
2020
80 days early
2019
51 days early
← 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 81 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 19 April (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: BLUE STAR SÉRVICES BV (director)Permanent representatives: John De Vogelaere…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Highest result from 2019 to 2025net €674,213 ▲137%

Key points

  • Result rose in 2025mostly a one-off income of €643,338 ▲ 137% View
  • Positive: Among the best 5% on net resultsector median €10,063 · 11,178 companies €674,213 View
  • Caution: Board changedlatest change 21-10-2026 · 1 in office 1 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by THE GREEN OWNERS 100% View

By topic

Financials

Financial year
2025
Total assets
€5.0m
Profit
€674,213
Solvency
31.7%
Total assets▼ 6.0%
Net result
20192025
Go to Financials

Timeline

Events
22
Since
2010
Next accounts
by 31-07-2027
  1. 09-05-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 29-03-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of non-residential building projectsNACE 68122
Founded
04-08-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about THE GREEN SIDE

What is the company number of THE GREEN SIDE?
0899.689.846. In Belgium the VAT number is the company number with BE in front: BE 0899.689.846.
Where is THE GREEN SIDE based?
The registered office is at Natiënlaan 289-291, 8300 Knokke-Heist.Company details
What does THE GREEN SIDE do?
According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of THE GREEN SIDE?
Private limited company (BV).
When was THE GREEN SIDE founded?
On 04-08-2008.
Is THE GREEN SIDE still active?
Yes, THE GREEN SIDE is an active enterprise in the KBO register.
How many employees does THE GREEN SIDE have?
On average 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of THE GREEN SIDE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is THE GREEN SIDE profitable?
In financial year 2025, THE GREEN SIDE made a profit of €674,213.
Where can I find the annual accounts of THE GREEN SIDE?
THE GREEN SIDE filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THE GREEN SIDE due?
By 31-07-2027, for financial year 2026.Timeline

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