EUROGREEN
ActiveSummary
EUROGREEN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €956k and a net result of €216k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 686 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+1
Solvency42▲+1
Growth71▼-1
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.88 in 2023; short-term debt: 69.4% and cash: 7.2% of total assets), and 83.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.7%
Return on assets
3.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 686 sector peers (2024).
NBB · sector comparisonPosition among 686 sector peers
Solvency
better than 25%
← weakest
strongest →
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
6 d early
2022
32 d early
2021
20 d early
2020
11 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€9.64M▲ 5.5%
2023 · €9.14M
2019: €6.74M
2020: €7.97M
2021: €8.20M
2022: €8.13M
2023: €9.14M
2019 → 2024
EBIT margin
4.7%▲ 0.8pp
2023 · 3.9%
2019: 3.3%
2020: 3.4%
2021: 4.3%
2022: 5.0%
2023: 3.9%
2019 → 2024
Net result
€216k▲ 33.6%
2023 · €162k
2018: €84k
2019: €109k
2020: €155k
2021: €222k
2022: €260k
2023: €162k
2018 → 2024
Working capital
€-315k▲ 35.7%
2023 · €-490k
2018: €-293k
2019: €-155k
2020: €-160k
2021: €-275k
2022: €-496k
2023: €-490k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€7.97M-€8.20M▲ 2.8%€8.13M▼ 0.8%€9.14M▲ 12.4%€9.64M▲ 5.5%
Equity€817k-€868k▲ 6.4%€929k▲ 6.9%€940k▲ 1.3%€956k▲ 1.7%
Operating result€273k-€356k▲ 30.3%€409k▲ 14.9%€354k▼ 13.5%€450k▲ 27.1%
Net result€155k-€222k▲ 42.8%€260k▲ 17.4%€162k▼ 37.9%€216k▲ 33.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 27% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.73M
Fixed assets
€2.07M ▼ 13.5%
Current assets
€3.66M ▲ 5.3%
Equity and liabilities €5.73M
Equity
€956k ▲ 1.7%
Debt
€4.77M ▼ 3.1%
Debt's share of the balance-sheet total falls from 84.0% to 83.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.12M▲
2023 · €1.01M
Cash flow
€885k▲
2023 · €818k
Current ratio
0.92▲
2023 · 0.88
Quick ratio
0.57▲
2023 · 0.50
Debt to equity
4.99▼
2023 · 5.24
ROE
22.6%▲
2023 · 17.2%
ROA
3.8%▲
2023 · 2.8%
Interest coverage
8.63▼
2023 · 9.65
Debt ≤ 1 year
€3.98M▲
2023 · €3.97M
Debt > 1 year
€698k▼
2023 · €867k
Income taxes
€97k▲
2023 · €77k
Staff costs
€4.34M▲
2023 · €4.12M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 84 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.87M€5.73M▼
Fixed assets21/28€2.39M€2.07M▼
Tangible fixed assets22/27€2.28M€1.96M▼
Land and buildings22€184k€180k▼
Plant, machinery and equipment23€962k€739k▼
Furniture and vehicles24€314k€257k▼
Leasing and similar rights25€500k€521k▲
Other tangible fixed assets26€320k€260k▼
Financial fixed assets28€111k€111k=
Affiliated companies280/1€111k-
Amounts receivable281€111k-
Other financial fixed assets284/8-€111k
Amounts receivable and cash guarantees285/8-€111k
Current assets29/58€3.48M€3.66M▲
Stocks and contracts in progress3€1.50M€1.39M▼
Stocks30/36€1.50M€1.39M▼
Work in progress32€1.50M€1.39M▼
Amounts receivable within one year40/41€1.75M€1.86M▲
Trade receivables40€1.74M€1.77M▲
Other amounts receivable41€6k€85k▲
Cash at bank and in hand54/58€229k€412k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€5.87M€5.73M▼
Equity10/15€940k€956k▲
Contributions10/11€299k€299k=
Capital10€299k€299k=
Issued capital100€299k€299k=
Reserves13€640k€657k▲
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Distributable reserves133€610k€627k▲
Profit (loss) carried forward14€2k€527▼
Amounts payable17/49€4.93M€4.77M▼
Amounts payable after more than one year17€867k€698k▼
Financial debts170/4€864k€695k▼
Leasing and similar obligations172€348k€328k▼
Other loans174€516k€367k▼
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€3.97M€3.98M▲
Current portion of amounts payable after more than one year42€512k€475k▼
Financial debts43€1.70M€1.75M▲
Credit institutions430/8€1.70M€1.75M▲
Trade debts44€788k€609k▼
Suppliers440/4€788k€609k▼
Taxes, remuneration and social security45€890k€1.08M▲
Taxes450/3€132k€157k▲
Remuneration and social security454/9€758k€919k▲
Other amounts payable47/48€80k€66k▼
Accrued charges and deferred income492/3€94k€99k▲
Income statement
Code20232024
Operating income70/76A€9.18M€9.60M▲
Turnover70€9.14M€9.64M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-60k€-109k▼
Other operating income74€91k€47k▼
Non-recurring operating income76A€13k€25k▲
Operating charges60/66A€8.83M€9.15M▲
Goods for resale, raw materials and consumables60€1.87M€2.02M▲
Purchases600/8€1.87M€2.02M▲
Services and other goods61€2.08M€2.05M▼
Remuneration, social security and pensions62€4.12M€4.34M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€657k€669k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€3k▼
Other operating charges640/8€29k€27k▼
Non-recurring operating charges66A€68k€48k▼
Operating profit (loss)9901€354k€450k▲
Financial income75/76B€1k€9k▲
Recurring financial income75€1k€9k▲
Income from financial fixed assets750€1k€9k▲
Other financial income752/9€13€35▲
Financial charges65/66B€117k€147k▲
Recurring financial charges65€117k€147k▲
Debt charges650€105k€130k▲
Other financial charges652/9€12k€17k▲
Profit (loss) for the period before taxes9903€238k€313k▲
Income taxes67/77€77k€97k▲
Taxes670/3€77k€97k▲
Profit (loss) for the period9904€162k€216k▲
Profit (loss) for the period to be appropriated9905€162k€216k▲
Appropriation of the result
Profit (loss) to be appropriated9906€163k€218k▲
Profit (loss) brought forward from the previous period14P€883€2k▲
Transfer to equity691/2€11k€17k▲
To other reserves6921€11k€17k▲
Profit to be distributed694/7€150k€200k▲
Return on contributions (dividend)694€150k€200k▲
Social balance
Average headcount (FTE)908774.587.5▲
The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €260k ▲17.4%
Net result €260k, the highest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Sombreffe · 2 establishment units since 1995
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.
Chaussée de Gembloux, Tong. 665140 SombreffeGround area
2.0 ha
Building footprint
398 m²
3 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Chaussée de Gembloux, Tong. 28, 5140 Sombreffe
since 19952.048.185.979
EUROGREEN
since 20192.289.104.087
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92126C0508/00T000indicative | Wallonia | 9,357 m² | - | - |
| 92114F0003/00B000 | Wallonia | 6,586 m² | 1 · 333 m² | - |
| 92126C0514/00C002 | Wallonia | 4,043 m² | 1 · 65 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesEUROGREEN SA22359
Similar companies · same sector, comparable size
Meynen Kurt
BE 0869.953.309
Meerhout · Eq €954k
FLORIAL CENTRE-GARDEN VALTIN
BE 0479.886.714
Beaumont · Eq €961k
ECOWORKS
BE 0885.785.192
Vilvoorde · Eq €951k
E.T.H.
BE 0886.181.211
Jodoigne · Eq €963k
TUINEN DE STAERCKE
BE 0716.735.869
Lierde · Eq €949k
Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 1,927 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-03-1990
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
38330Waste collection, recovery and disposal activities
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@eurogreen.ws