Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GREEN SQUARE from Waterloo, company number BE0640990450, closed financial year 2025 with a result of € -5,604 after tax. For that financial year GREEN SQUARE recorded a gross margin of € 558,758 and equity of € 123,842. Compared with financial year 2024, the result moved from € -5,597 to € -5,604. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 123,842
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,604
Profit after tax over the fiscal year.
€ 26,961
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 105,242.
People and assets in 2025
10.1
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 498,701
▲ 11% vs 2024
€ 49,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,531
▲ 21% vs 2024
Of which on lease € 14,997.
Debts at end 2025
€ 126,361
▼ 17% vs 2024
€ 31,961 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 35,395
▲ € 28,084 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,601
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 523,930 | € 513,163 | € 524,152 | € 558,758 | ▲ 7% |
| Profit after taxes | € 66,208 | € -4,815 | € -5,597 | € -5,604 | |
| Equity | € 139,858 | € 135,043 | € 129,446 | € 123,842 | ▼ 4% |
| Total debts | € 427,019 | € 417,007 | € 343,247 | € 316,385 | ▼ 8% |
| Cash | € 15,695 | € 39,771 | € 40,300 | € 26,961 | ▼ 33% |
| Land & buildings | € 164,705 | € 161,038 | € 157,372 | € 153,705 | ▼ 2% |
| Retained profit | € 121,258 | € 116,443 | € 110,846 | € 105,242 | ▼ 5% |
| Bank debt | € 210,805 | € 176,968 | € 152,055 | € 126,361 | ▼ 17% |
| Balance sheet total | € 566,878 | € 552,050 | € 472,694 | € 440,227 | ▼ 7% |
| Employees (FTE) | - | 10.7 | 9.7 | 10.1 | ▲ 0.4 |
Key figures of GREEN SQUARE, 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 SQUARE?
What happened at GREEN SQUARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,604. filed late Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- New establishment in Waterloo. KBO
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
- Julien Vandermeulen became a director. NBB
In short
From € 66,208 profit in 2022 to € 5,604 loss in 2025.
Paid € 6,035 in corporate taxes since 2022.
Best year ever: 2022, with € 66,208 profit.
On average € 55,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GREEN SQUARE is Julien Vandermeulen.
Directors
According to the 2025 annual accounts
Julien Vandermeulen
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Avenue Bourgys (Henri) 57
1410 Waterloo
Avenue des Petits Champs 23
1410 Waterloo
Active since 5 July 2017
Chaussée de Tubize 479
1420 Braine-l'Alleud
Active since 1 February 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0640.990.450
- VAT number
- BE 0640.990.450
- Registered office
- Avenue Bourgys (Henri) 57, 1410 Waterloo
- Names & denominations
- GREEN SQUARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2015
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Landschapsverzorging
Vervaardiging van andere meubelen, neg
Vervaardiging van tuin- en terrasmeubelen