Equity
Equity fell by 96% in 12 years.
Equity fell by 96% in 12 years.
From profit to loss in 2024, after a profit of €18,618 in 2023.
Green is investment, beige is depreciation. Machinery stands 14.4% higher than in 2023.
Short-term debts rose from €9,176 to €84,520.
2025 accounts not filed: deadline was 31-07-2026.
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.
The dashed line is the sector median: 0.5% across 356 companies (NACE 20, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 20, micro). It does better than 35% of them on solvency, 41% on liquidity, 11% on profitability and 11% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
In July 2024, 1,221 companies had the same profile as EVER GREENER TECHNOLOGY has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EVER GREENER TECHNOLOGY itself: 1.3% within 12 months.
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 1,221 companies, not a prediction for EVER GREENER TECHNOLOGY. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.75 (4.64 in 2023), below 1. Short-term debt is 84.9% and cash 30.8% of total assets. 84.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 22 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| EVER GREENER TECHNOLOGY Mons | €99,610 | -€16,452 | 15.1% | - |
| 13.8 Meise | €39,795 | €2,442 | 86.0% | - |
| GRAFLUX Kontich | €177,746 | -€3,203 | 84.9% | - |
| DIJMEX BELGIE Hoogstraten | €87,698 | €4,832 | 87.0% | - |
| VANBOX Asse | €19,953 | €9,016 | 59.9% | - |
| Global Plastics Stekene | €194,043 | -€14,590 | -44.5% | - |
| Hydewa Benelux Brecht | €40,979 | -€6,519 | -361.7% | - |
These companies have the same main activity as EVER GREENER TECHNOLOGY: manufacture of chemicals and chemical products (NACE 20160). They are comparable in size and age: total assets between €20,000 and €194,000, founded between 1983 and 2022.
EVER GREENER TECHNOLOGY files the micro format. That format states no turnover. The gross margin rose from -€27,197 in 2006 to -€16,452 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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