Active BE 1001.735.331Private limited company

Green Code Labs

Nieuwbrug 3 ·1000 Brussel, Belgium· 2 yrs active

Sector: Detailhandel in schoeisel (47721)

Conclusion Checked

The computed 12-month bankruptcy probability of Green Code Labs is 3.5% (moderate). The 2024 annual accounts show equity of €48k and a net result of €44k. Its solvency ranks better than 78% of 6717 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€48k
Net result	€44k
Better than sector	78%
Active	2 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

90 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93

Profitability 100

Solvency 96

Growth 78

Stability 82

Bankruptcy probability (12 mo) Checked model v1 · free

3.5% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

93 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 23-10-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	53.3%	20.4%	better than 78% of 6717 sector peers
Net result	€44k	€4k	better than 87% of 6698 sector peers
Equity	€48k	€16k	better than 71% of 6732 sector peers
Gross operating margin	€57k	€24k	better than 69% of 6677 sector peers
Staff costs	€477	€33k	higher than 7% of 3046 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€44k

+2487.7% 23-24

Total assets

€91k

+1508.2% 23-24

Equity

€48k

+2743.7% 23-24

Working capital

€48k

+2743.7% 23-24

Staff costs

€477

-82.1% 23-24

Income taxes

€11k

- 23-24

Debt

€42k

+975.4% 23-24

Debt ≤ 1y

€42k

+975.4% 23-24

Show 6 other metrics

Current ratio

2.14

+49.5% 23-24

Quick ratio

2.14

+49.5% 23-24

Solvency

53.3%

+76.8% 23-24

Debt / equity

0.88

-62.2% 23-24

ROE

91.0%

-9.0% 23-24

ROA

48.5%

+60.9% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€44k
Cash flow	-
Staff costs	€477
Income taxes	€11k
Dividends	-
Total assets	€91k
Equity	€48k
Debt	€42k
of which ≤ 1y	€42k
of which > 1y	-
Working capital	€48k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.14
Quick ratio	2.14
Working capital ratio	53.3%
Solvency	53.3%
Debt / equity	0.88
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	48.5%
ROE	91.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €48k · 53.3% Debt €42k · 46.7%

Full annual accounts (19 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€91k
Current assets	29/58	€91k
Amounts receivable within one year	40/41	€54k
Cash & bank	54/58	€37k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€91k
Equity	10/15	€48k
Contributions / capital	10/11	€3k
Accumulated profits (losses)	14	€45k
Amounts payable	17/49	€42k
Amounts payable within one year	42/48	€42k
Trade debts payable within one year	44	€31k
Income statement
Gross operating margin	9900	€57k
Operating result	9901	€55k
Financial income	75	€661
Financial charges	65	€507
Result before taxes	9903	€55k
Income taxes	67/77	€11k
Net result for the period	9904	€44k
Result to be appropriated	9905	€44k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Detailhandel in schoeisel(47721)
Legal form	Private limited company(610)
Incorporation	27-10-2023
Status	Active
Postal code	1000

Establishment units 1 location

Nátc

Groot Eiland 12, 1000 BrusselDetailhandel in kledingaccessoires

since 20232.351.893.276

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21811M1046/00G000	Brussels	136 m²	1 · 77 m²	21.2 m · 6 fl.
21812N0738/00C002	Brussels	110 m²	1 · 94 m²	20.4 m · 6 fl.

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.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

23-10-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

14-05-2025

NBB filing Annual accounts filed

fiscal year 2023 · micro

Belgian State Gazette reading coverage 0 of 1 acts read

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.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Detailhandel in schoeisel in gespecialiseerde winkels47721Detailhandel in schoeisel47721Detailhandel in kledingaccessoires in gespecialiseerde winkels47715Detailhandel in kledingaccessoires47715Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires in gespecialiseerde winkels (algemeen assortiment)47716Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)47716Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300

Primary activity highlighted.

Names & trade names

Legal nameFR

Green Code Labs

Registered office

Nieuwbrug 3 bus A

1000 Brussel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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