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Generated 05-09-2026
Active BE 0746.785.578Private limited company

SAY GREEN

Vestingstraat 79 ·8310 Brugge, Belgium· 6 yrs active
Sector: Agents in the wholesale of food, beverages and tobacco (46170)
Conclusion Checked

The computed 12-month bankruptcy probability of SAY GREEN is 2.2% (moderate). The 2023 annual accounts show equity of €10k and a net result of €7k. Its solvency ranks better than 63% of 15240 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €10k
Net result €7k
Better than sector 63%
Active 6 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health100Profitability100Solvency97Growth78Stability100
95 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 97
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
2.2% Moderate
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
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.
Checked score FY 2023 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€1k
estimate, not credit advice
Score history
81 2022
100 2023
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 2.13 (≥ 1.5) +10
Quick ratio Quick ratio 2.13 (≥ 1.0) +5
Leverage Debt/equity 0.83 (< 1.0) +10
Profitability ROE 70% (≥ 10%) +10
Interest coverage Interest coverage 60.1× (≥ 3×) +8
Profit trend Net profit up YoY +5
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · micro schema
€0€3k€5k€8k€10kOperating result 2022: €4k€4kNet result 2022: €2k€2kOperating result 2023: €10k€10kNet result 2023: €7k€7k20222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 54.7% 38.5%
better than 63% of 15240 sector peers
Net result €7k €5k
better than 53% of 15227 sector peers
Equity €10k €55k
better than 27% of 15286 sector peers
Gross operating margin €11k €27k
better than 35% of 15190 sector peers
Staff costs €40 €35k
higher than 5% of 4662 sector peers
EBITDA
€10k
+151.8% 22-23
Net profit
€7k
+222.4% 22-23
Cash flow
€7k
+177.9% 22-23
Total assets
€18k
+119.9% 22-23
Equity
€10k
+232.7% 22-23
Working capital
€9k
+295.3% 22-23
Staff costs
€40
- 22-23
Income taxes
€3k
+224.9% 22-23
Debt
€8k
+56.0% 22-23
Debt ≤ 1y
€8k
+56.0% 22-23
Current ratio
2.13
+47.3% 22-23
Quick ratio
2.13
+47.3% 22-23
Solvency
54.7%
+51.3% 22-23
Debt / equity
0.83
-53.1% 22-23
ROE
69.9%
-3.1% 22-23
ROA
38.2%
+46.6% 22-23
Interest coverage
60.11
+552.9% 22-23
Figures by fiscal year and ratios
Fiscal year20232022
Depositmicro schemamicro schema
Revenue--
EBITDA€10k€4k
Net profit€7k€2k
Cash flow€7k€2k
Staff costs€40-
Income taxes€3k€1k
Dividends--
Total assets€18k€8k
Equity€10k€3k
Debt€8k€5k
of which ≤ 1y€8k€5k
of which > 1y--
Working capital€9k€2k
Employees (FTE)--
Ratios (computed)
20232022
Current ratio2.131.45
Quick ratio2.131.45
Working capital ratio51.2%28.5%
Solvency54.7%36.1%
Debt / equity0.831.77
Long-term debt ratio--
Interest coverage60.119.21
Gross margin--
Net margin--
ROA38.2%26.1%
ROE69.9%72.2%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2023
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20232022
Balance sheet, Assets
TOTAL ASSETS 20/58€18k€8k
Fixed assets 21/28€616€616
Tangible fixed assets 22/27€616€616
Current assets 29/58€17k€7k
Amounts receivable within one year 40/41€11k€7k
Cash & bank 54/58€6k€243
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€18k€8k
Equity 10/15€10k€3k
Contributions / capital 10/11€500€500
Accumulated profits (losses) 14€9k€2k
Amounts payable 17/49€8k€5k
Amounts payable within one year 42/48€8k€5k
Trade debts payable within one year 44€2k€2k
Income statement
Gross operating margin 9900€11k€4k
Operating result 9901€10k€4k
Financial income 75€485€2
Financial charges 65€162€420
Result before taxes 9903€10k€3k
Income taxes 67/77€3k€1k
Net result for the period 9904€7k€2k
Result to be appropriated 9905€7k€2k
Legal Structure
NACE primary Agents in the wholesale of food, beverages and tobacco(46170)
Legal form Private limited company(610)
Incorporation09-05-2020
StatusActive
Postal code8310
Establishment units 1 location
SAY GREEN
Vestingstraat 79, 8310 BruggeWholesale trade
since 20202.311.844.352
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31434C0046/00E000 Flanders 3,292 m² 1 · 274 m² 18.7 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
21-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
NBB filing
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
Agents in the wholesale of food, beverages and tobacco46170Agents specialised in the wholesale of other particular products46180Agents in non-specialised wholesale trade46190Wholesale of perfume and cosmetics46450Holdings64200Activities of holding companies64210
Names & trade names
Legal nameNL SAY GREEN
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative