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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE GREEN OWNERS from Knokke-Heist, company number BE0682432117, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year THE GREEN OWNERS recorded revenue of € 258,000 and equity of € 5 million. Compared with financial year 2024, the result moved from € 488,539 to € -1.7 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 5 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ still € 488,539 profit in 2024
Profit after tax over the fiscal year.
€ 3,525
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5 million.
Debts at end 2025
€ 1.1 million
▼ 33% vs 2024
€ 144,728 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 36,181
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 201,497 | € 258,000 | - | € 258,000 | |
| Gross margin | - | - | € -6,590 | - | |
| Profit after taxes | € 886,429 | € 3,708,495 | € 488,539 | € -1,650,097 | ▼ € 2.1 million |
| Equity | € 2,469,022 | € 6,177,517 | € 6,666,056 | € 5,015,959 | ▼ 25% |
| Total debts | € 2,460,110 | € 2,356,368 | € 1,860,843 | € 1,478,129 | ▼ 21% |
| Cash | € 618 | € 28,237 | € 21,154 | € 3,525 | ▼ 83% |
| Retained profit | € 2,450,422 | € 6,158,917 | € 6,647,456 | € 4,997,359 | ▼ 25% |
| Bank debt | € 2,377,740 | € 2,066,929 | € 1,696,099 | € 1,136,934 | ▼ 33% |
| Balance sheet total | € 4,929,132 | € 8,533,885 | € 8,526,899 | € 6,494,088 | ▼ 24% |
Key figures of THE GREEN OWNERS, 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 THE GREEN OWNERS?
What happened at THE GREEN OWNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.7 million (▼ € 2.1 million vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 886,429 profit in 2022 to € 1.7 million loss in 2025.
Paid € 1,619 in corporate taxes since 2022.
Best year ever: 2023, with € 3.7 million profit.
Pays suppliers within 45 days on average.
Management
Behind THE GREEN OWNERS are Michel Van Weehaeghe and John De Vogelaere. It owns 100% of The Greenside, 100% of Meubili and 65% of Betaco itself.
Directors
According to the 2025 annual accounts
Michel Van Weehaeghe
Director
Also active at: MEUBILI, THE GREEN MANAGEMENT SERVICES, THE GREEN SIDE, BETACO INT
Establishments
Establishment units
Physical locations of this company
Natiënlaan 289-291
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0682.432.117
- VAT number
- BE 0682.432.117
- Registered office
- Natiënlaan 289-291, 8300 Knokke-Heist
- Names & denominations
- THE GREEN OWNERS · TGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2017
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings