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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GREEN-CORNER from Gent, company number BE0431232306, closed financial year 2024 with a result of € 471,459 after tax. For that financial year GREEN-CORNER recorded a gross margin of € 2.1 million and equity of € 46.8 million. Compared with financial year 2023, the result moved from € 1.2 million to € 471,459. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2025.
€ 46.8 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 471,459
▼ 62% vs 2023
Profit after tax over the fiscal year.
€ 723,437
▲ 26% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 45.9 million.
People and assets in 2024
0.8
Average over the fiscal year, from the social balance sheet.
€ 65,582
▲ 4% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,648
▲ 7% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 29.4 million
▲ 43% vs 2023
€ 51,154 is repaid this year. At this pace the long-term loan is gone in ≈ 46 years.
€ 43,442
▼ 96% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 73,370
▼ 14% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 9,162,598 | € 9,872,313 | € 8,948,261 | - | |
| Gross margin | - | - | - | € 2,122,354 | |
| Profit after taxes | € 3,394,929 | € 1,283,533 | € 1,244,738 | € 471,459 | ▼ 62% |
| Equity | € 43,808,555 | € 45,092,088 | € 46,336,826 | € 46,808,284 | ▲ 1% |
| Total debts | € 29,885,281 | € 28,762,583 | € 34,167,048 | € 45,741,439 | ▲ 34% |
| Cash | € 1,100,517 | € 496,746 | € 575,072 | € 723,437 | ▲ 26% |
| Land & buildings | € 11,009,587 | € 10,803,524 | € 10,616,195 | € 10,515,234 | ▼ 1% |
| Retained profit | € 42,881,433 | € 44,164,966 | € 45,409,704 | € 45,881,163 | ▲ 1% |
| Bank debt | € 20,458,698 | € 16,450,447 | € 20,585,461 | € 29,367,821 | ▲ 43% |
| Balance sheet total | € 73,693,836 | € 73,854,671 | € 80,503,873 | € 92,549,723 | ▲ 15% |
| Employees (FTE) | 1.3 | 0.9 | 0.8 | 0.8 |
Key figures of GREEN-CORNER, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GREEN-CORNER?
What happened at GREEN-CORNER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nancy Geernaert stepped down as director. NBB
- John Geernaert stepped down as director. NBB
- Francis Geernaert stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 471,459 (▼ 62% vs 2023). filed late Source: NBB ↗
- Nancy Geernaert became a director. NBB
- John Geernaert became a director. NBB
- Francis Geernaert became a director. NBB
- New establishment in Melle. KBO
In short
From € 3.4 million profit in 2021 to € 471,459 profit in 2024.
Paid € 2.1 million in corporate taxes since 2021.
Best year ever: 2021, with € 3.4 million profit.
Management
The stake of MAGECO, GECOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREEN-CORNERThe shares are held by MAGECO (23.2%) and GECOM (11%). It owns 100% of The Baron's Too and 49.7% of Heron itself.
Directors
According to the 2024 annual accounts
Nancy Geernaert
Director
since 2023 · until 2029
John Geernaert
Managing director
Also active at: GECOM, MAGECO, C.A.D. HOLDING, Gasthof Den Ever, HERON, MAGECO LEASE, G-LABEL, Racketpower
since 2023 · until 2029
Francis Geernaert
Managing director
Also active at: GECOM, THE BARON'S TOO, C.A.D. HOLDING, Gasthof Den Ever, BELCO FLANDERS, HERON, FREESPACE, Belco Construct +5 more
since 2023 · until 2029
Participations
100%
49.7%
Establishments
Establishment units
Physical locations of this company
Bellevue 5 box 301
9050 Gent
Brusselsesteenweg 7 A
9090 Melle
Active since 19 August 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →MEMLINC SHOPS
€ 12,794 gross margin · 2024
BELCO FLANDERS same network
€ 2.3 million gross margin · 2025
HERON same network
€ 1.1 million gross margin · 2025
Toba HR Solutions
€ 4.6 million gross margin · 2025
FREESPACE same network
€ -10,739 gross margin · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.232.306
- VAT number
- BE 0431.232.306
- Registered office
- Bellevue 5 bus 301, 9050 Gent
- Names & denominations
- GREEN-CORNER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 1987
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
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