Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GREEN CITY WALLONIE 3 from Saint-Ghislain, company number BE0742906568, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year GREEN CITY WALLONIE 3 recorded revenue of € 1.6 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 585,335 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 3.8 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 92% vs 2024
Profit after tax over the fiscal year.
€ 341,580
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
Debts at end 2025
€ 21.3 million
▲ 31% vs 2024
€ 1.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 784,324
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 263,879
▲ € 205,879 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 682,591 | € 2,464,140 | € 1,586,011 | € 1,563,452 | ▼ 1% |
| Gross margin | € 787,583 | € 2,747,706 | € 3,312,322 | € 3,421,644 | ▲ 3% |
| Profit after taxes | € 448,719 | € 1,230,593 | € 585,335 | € 1,121,654 | ▲ 92% |
| Equity | € 865,998 | € 2,096,590 | € 2,681,925 | € 3,803,579 | ▲ 42% |
| Total debts | € 11,661,994 | € 14,670,070 | € 17,036,991 | € 22,309,323 | ▲ 31% |
| Cash | € 570,937 | € 677,456 | € 282,902 | € 341,580 | ▲ 21% |
| Land & buildings | € 832,406 | € 1,080,178 | € 1,466,441 | € 1,454,945 | ▼ 1% |
| Retained profit | € 407,998 | € 1,638,590 | € 2,223,925 | € 3,345,579 | ▲ 50% |
| Bank debt | € 11,037,897 | € 13,782,242 | € 16,219,798 | € 21,250,619 | ▲ 31% |
| Balance sheet total | € 12,527,991 | € 16,766,660 | € 19,718,916 | € 26,112,902 | ▲ 32% |
Key figures of GREEN CITY WALLONIE 3, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GREEN CITY WALLONIE 3?
What happened at GREEN CITY WALLONIE 3 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 92% vs 2024). Source: NBB ↗
- New establishment in Saint-Ghislain. KBO
- Vincent Vanderveken became a director. NBB
- Benoit FOSSEPREZ became a director. NBB
- Green Energy 4 Seasons became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 448,719 profit in 2022 to € 1.1 million profit in 2025.
Paid € 714,417 in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
A new publication or filing at GREEN CITY WALLONIE 3? We notify you, reason included.
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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 CITY WALLONIE 3 are Vincent Vanderveken, Benoit FOSSEPREZ and Green Energy 4 Seasons. The shares are held by Green Energy 4 Seasons S.A (46.6%), VINCENT VANDERVEKEN (42.4%), BENOIT FOSSEPREZ (10.9%), Green City Wallonie (0%) and SCW (0%).
Directors
According to the 2025 annual accounts
Vincent Vanderveken
Director
Owns 42.4% directly
Also active at: ARCEA, SOLAR INVEST WALLONIA GE4S, SOLAR CITY WALLONIE, GREEN CUBE, GREEN CITY WALLONIE, EDORA - Fédération de l'Energie D'Origine Renouvelable et Alternative, CREADE CONSULT, LES JARDINS DE BOUSSU
since 2020
Benoit FOSSEPREZ
Director
Owns 10.9% directly
Also active at: SUNNESIS, SUNNRISE, GREEN CITY WALLONIE 4, GREEN ENERGY 4 SEASONS
since 2020
Director · represented by Benoit FOSSEPREZ
since 2020
Shareholders
VINCENT VANDERVEKEN · director
42.4%
BENOIT FOSSEPREZ · director
10.9%
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zone art. de la Rivièrette(SG) 9
7330 Saint-Ghislain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →FINALITE
SIMETI
SIMETI ENGINEERING
SOLAR CITY WALLONIE same network
€ 103,811 revenue · 2025
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€ 233,948 revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Hostinger Mail
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Network
Details
- Company number
- 0742.906.568
- VAT number
- BE 0742.906.568
- Registered office
- Zone art. de la Rivièrette(SG) 9, 7330 Saint-Ghislain
- Names & denominations
- GREEN CITY WALLONIE 3 · GCW3
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2020
- Peppol
- Active · Active since 30 Apr 2025
- Activities · NACE
Handel in elektriciteit