Financials
Financial year 2025
Green License from Dendermonde, company number BE0473847374, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year Green License recorded a gross margin of € 2.2 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 73,815 to € 1.7 million. Profitable, and profit is growing. 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 July 24, 2026.
€ 2.7 million
▲ 147% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ € 1.6 million vs 2024
Profit after tax over the fiscal year.
€ 842,551
▲ 121% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
3 % of the profit went to the shareholders, mostly to Sport Plus Garden Service (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 500,000
Loans from banks and other lenders, long and short.
€ 298,831
▲ € 297,530 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,093
▲ 27% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 226,777 | - | |
| Gross margin | € 188,922 | € 172,635 | € 174,198 | € 2,167,514 | ▲ € 2 million |
| Profit after taxes | € 74,456 | € 68,762 | € 73,815 | € 1,679,356 | ▲ € 1.6 million |
| Equity | € 967,463 | € 1,036,225 | € 1,110,040 | € 2,744,396 | ▲ 147% |
| Total debts | € 1,112 | € 36,720 | € 28,950 | € 888,598 | ▲ € 859,648 |
| Cash | € 225,462 | € 184,116 | € 381,073 | € 842,551 | ▲ 121% |
| Land & buildings | € 379,500 | € 342,250 | € 305,000 | € 0 | ▼ 100% |
| Retained profit | € 905,463 | € 974,225 | € 1,048,040 | € 2,682,396 | ▲ 156% |
| Dividend | € 0 | € 0 | € 0 | € 45,000 | |
| Bank debt | € 0 | € 0 | € 0 | € 500,000 | |
| Balance sheet total | € 968,575 | € 1,072,945 | € 1,138,990 | € 3,632,994 | ▲ 219% |
Key figures of Green License, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Green License?
What happened at Green License in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ € 1.6 million vs 2024). Source: NBB ↗
- Kristof Vercambre became a director. NBB
- Plus BV stepped down as director. NBB
- Beaufort BV became a director. NBB
- Plus BV became a director. NBB
- New establishment in Dendermonde. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 74,456 profit in 2022 to € 1.7 million profit in 2025.
Paid € 607,707 in corporate taxes since 2022.
Best year ever: 2025, with € 1.7 million profit.
Paid out € 45,000 in dividends to the owners in total.
Management
The stake of Sport Plus Garden Service comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Green LicenseBehind Green License are Beaufort BV and Kristof Vercambre. The shares are held by Sport Plus Garden Service (100%).
Directors
According to the 2025 annual accounts
Director · represented by Alain Vercambre
Also active at: Sport Plus Garden Service, GTL TRANSPORT, GARDENAS, SPEA, DICE OUTDOOR, SPORTKING
since 2023
since 2025
Director · represented by Kristof Vercambre
Also active at: LEISURE AND SPORTS GEAR, Sport Plus Garden Service, GTL TRANSPORT, Sport Pro, SPORTKING
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wissenstraat 5
9200 Dendermonde
Louizalaan 109
1050 Brussel
Active since 5 April 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.847.374
- VAT number
- BE 0473.847.374
- Registered office
- Wissenstraat 5, 9200 Dendermonde
- Names & denominations
- Green License
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2001
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Groothandel in schoeisel