Warning lights
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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
GREEN POWER PITTEM from Pittem, company number BE0452919526, closed financial year 2022 with a result of € -129,274 after tax. For that financial year GREEN POWER PITTEM recorded a gross margin of € 124,611 and equity of € -2.8 million. Compared with financial year 2021, the result moved from € -138,419 to € -129,274. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 19, 2023.
€ -2.8 million
▼ € 129,274 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -129,274
▲ 7 % less loss than in 2021
Profit after tax over the fiscal year.
€ 6
▼ € 1,317 vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.6 million.
People and assets in 2022
1
Average over the fiscal year, from the social balance sheet.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 271,413
▲ 269% vs 2021
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 23,750 | € 124,611 | ▲ € 100,861 |
| Profit after taxes | € -138,419 | € -129,274 | ▲ € 9,144 |
| Equity | € -2,650,955 | € -2,780,230 | ▼ € 129,274 |
| Total debts | € 2,950,252 | € 3,141,992 | ▲ 6% |
| Cash | € 1,323 | € 6 | ▼ € 1,317 |
| Land & buildings | € 153,628 | € 121,152 | ▼ 21% |
| Retained profit | € -3,512,955 | € -3,642,230 | ▼ € 129,274 |
| Bank debt | € 122,794 | € 0 | ▼ 100% |
| Balance sheet total | € 299,296 | € 361,763 | ▲ 21% |
| Employees (FTE) | 1 | 1 |
Key figures of GREEN POWER PITTEM, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to GREEN POWER PITTEM?
What happened at GREEN POWER PITTEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GREEN POWER PITTEM is active according to the CBE. Legal situation: Opening faillissement.
- ' T Kluizebos NV stepped down as director. NBB
- Marianne Nuyttens stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 129,274. Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 138,419 loss in 2021 to € 129,274 loss in 2022.
On average € 124,600 of value added per employee in 2022.
Management
The stake of GLR GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREEN POWER PITTEMThe shares are held by GLR GROUP (100%).
Directors
According to the 2022 annual accounts
Managing director · represented by Stefaan Delabie
Also active at: AM-POWER, BIO-N.R.GY
· until 2025
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vijfstraat 8 box B
8740 Pittem
Vijfstraat 8
8740 Pittem
Active since 20 July 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.919.526
- VAT number
- BE 0452.919.526
- Registered office
- Vijfstraat 8 bus B, 8740 Pittem
- Names & denominations
- GREEN POWER PITTEM · GPP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 24 June 1994
- Peppol
- Not registered
- Activities · NACE
Andere afvalverwijdering
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Overige verwerking en verwijdering van ongevaarlijk afval
Handel in elektriciteit
Productie en distributie van gemengde energie