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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GREENGINEERING from Turnhout, company number BE0478798037, closed financial year 2025 with a result of € -42,948 after tax. For that financial year GREENGINEERING recorded a gross margin of € -26,773 and equity of € -6,617. Compared with financial year 2024, the result moved from € -65,296 to € -42,948. 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 17, 2026.
€ -6,617
▼ € 59,826 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,948
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 54,689
▲ € 45,839 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,817.
People and assets in 2025
€ 671
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,506
▼ 26% vs 2024
€ 9,562 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 25,040
▲ € 22,962 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,027
▲ 81% 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 | |
|---|---|---|---|---|---|
| Gross margin | € -15,451 | € 61,626 | € -43,196 | € -26,773 | ▲ € 16,423 |
| Profit after taxes | € -47,512 | € 28,074 | € -65,296 | € -42,948 | ▲ € 22,348 |
| Equity | € 148,523 | € 132,879 | € 53,209 | € -6,617 | ▼ € 59,826 |
| Total debts | € 110,939 | € 59,743 | € 102,462 | € 129,664 | ▲ 27% |
| Cash | € 12,468 | € 6,356 | € 8,850 | € 54,689 | ▲ € 45,839 |
| Land & buildings | € 57,968 | € 51,526 | € 45,626 | € 38,236 | ▼ 16% |
| Retained profit | € 142,323 | € 126,679 | € 47,009 | € -12,817 | ▼ € 59,826 |
| Dividend | € 0 | € 43,717 | € 14,375 | € 16,878 | ▲ 17% |
| Bank debt | € 58,431 | € 24,370 | € 56,442 | € 41,506 | ▼ 26% |
| Balance sheet total | € 259,462 | € 192,623 | € 155,671 | € 123,046 | ▼ 21% |
Key figures of GREENGINEERING, 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 GREENGINEERING?
What happened at GREENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 42,948. Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,512 loss in 2022 to € 42,948 loss in 2025.
Paid € 6,969 in corporate taxes since 2022.
Best year ever: 2023, with € 28,074 profit.
Paid out € 74,970 in dividends to the owners in total.
Management
Behind GREENGINEERING are Willems Maddy and Pauwels Dirk. Willems Maddy is also behind ECOVIVO.
Directors
According to the 2025 annual accounts
Pauwels Dirk
Manager
Establishments
Establishment units
Physical locations of this company
Steenweg op Baarle-Hertog 74
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0478.798.037
- VAT number
- BE 0478.798.037
- Registered office
- Steenweg op Baarle-Hertog 74, 2300 Turnhout
- Names & denominations
- GREENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2002
- Peppol
- Active · Active since 26 Dec 2025
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