Financials
Financial year 2025
GREEN-BEL from Waregem, company number BE0818058408, closed financial year 2025 with a result of € -140,071 after tax. For that financial year GREEN-BEL recorded a gross margin of € 435,000 and equity of € 564,960. Compared with financial year 2024, the result moved from € 19,479 to € -140,071. The company made a loss. The buffer shrank hard: equity is 69 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 564,960
▼ 69% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -140,071
▼ still € 19,479 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 51,360.
People and assets in 2025
€ 2.7 million
▼ 14% vs 2024
Of which on lease € 2.7 million.
Debts at end 2025
€ 2.4 million
▼ 16% vs 2024
€ 484,918 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 816,925
▲ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,206
▼ 89% 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 | € 1,346,981 | € 624,449 | € 679,533 | € 435,000 | ▼ 36% |
| Profit after taxes | € 561,072 | € 330,759 | € 19,479 | € -140,071 | ▼ € 159,550 |
| Equity | € 2,023,297 | € 1,788,349 | € 1,807,828 | € 564,960 | ▼ 69% |
| Total debts | € 4,602,232 | € 4,186,676 | € 3,470,565 | € 4,320,963 | ▲ 25% |
| Retained profit | € 943,990 | € 1,274,749 | € 1,294,228 | € 51,360 | ▼ 96% |
| Dividend | € 0 | € 0 | € 0 | € 1,102,797 | |
| Bank debt | € 4,171,001 | € 3,560,637 | € 2,840,402 | € 2,382,035 | ▼ 16% |
| Balance sheet total | € 8,035,529 | € 6,041,081 | € 5,278,393 | € 4,885,923 | ▼ 7% |
Key figures of GREEN-BEL, 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-BEL?
What happened at GREEN-BEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 140,071 (▼ € 159,550 vs 2024). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 561,072 profit in 2022 to € 140,071 loss in 2025.
Paid € 292,329 in corporate taxes since 2022.
Best year ever: 2022, with € 561,072 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The stake of Te Smoor comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREEN-BELBehind GREEN-BEL is F. Cras Consult bv. The shares are held by Te Smoor (100%).
Directors
According to the 2025 annual accounts
Director · represented by Frédéric Cras
Also active at: BREMS-DOORS, Somex, Firma Cras, Jules Renard, CIE DUBOIS - STOCKMANS, Hagima, DECOR ET JARDIN SA, VANDE KERCKHOVE +5 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 5
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Firma Cras same network
Jules Renard same network
€ 1.6 million gross margin · 2025
CIE DUBOIS - STOCKMANS same network
€ 3.2 million revenue · 2025
Te Smoor same network
€ 26,549 gross margin · 2025
BELGIAN TIMBER same network
€ 66,237 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0818.058.408
- VAT number
- BE 0818.058.408
- Registered office
- Industrielaan 5, 8790 Waregem
- Names & denominations
- GREEN-BEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2009
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Groothandel in elektrisch materiaal, inclusief installatiemateriaal