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GREEN-CORNER

Active
Public limited companyfounded 1987active for 39 yearsBellevue 5, 9050 Gent, Belgium28 active companies are registered at this addressKBO/BCE: BE 0431.232.306
Summary

GREEN-CORNER has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46.8m and a net result of €471,459. Equity is growing by about 3.6% per year across the filed financial years. Its solvency ranks better than 66% of 9,639 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€92.5mtotal assets 2024
Staff
0.8 FTE
Equity
€46.8m
Profit
€471,459
Net result -62%: other schema
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Largest shareholder
MAGECO · 23.21%
Holdings
2
Accounts 83 days overdue1 of 4 deeds read
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 22-08-2025)Liquidity: current ratio 2.22, cash €723,437lowers riskSize: 0.8 FTE, total assets €92.5mFounded in 1987Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 68, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 76-7
equity 50.6% of total assets
Liquidity 32-4
short-term debt 39.6% · cash 0.8%
Profitability 30-35
return on assets 0.5%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,604 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €2,550,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.22, compared with 2.56 in 2023, above the usual 1.5; short-term debt: 39.6% and cash: 0.8% of total assets), and 49.4% 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 65% on solvency, 25% on liquidity, 26% on profitability and 49% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 22-08-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.22, cash €723,437
NBB · annual accounts
lowers risk · Size: 0.8 FTE, total assets €92.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 83 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline22-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
21 days late
2023
30 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 19 days after 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Weakest financial yearnet €471,459 ▼62.1%
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Caution: Result fell in 2024different schema filed ▼ 62.1% View
  • Positive: Among the best 5% on equitysector median €424,186 · 9,642 companies €46.8m View
  • Caution: Accounts not fileddeadline was 31-07-2026 83 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €471,459 7 years View

By topic

Financials

Financial year
2024
Total assets
€92.5m
Profit
€471,459
Solvency
50.6%
Turnover▼ 9.4%
Net result
20182023
Go to Financials

Timeline

Events
38
Since
1989
  1. 30-01-2024Purpose · Amendment of the articles
  2. 31-08-2023Annual accounts filed
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
21-05-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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