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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
REAL GREEN ENERGY II from Brussel, company number BE0818075729, closed financial year 2025 with a result of € -14,010 after tax. For that financial year REAL GREEN ENERGY II recorded a gross margin of € 83,097 and equity of € -265,476. Compared with financial year 2024, the result moved from € -26,122 to € -14,010. 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 August 31, 2026.
€ -265,476
▼ € 14,010 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,010
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,269
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -378,476.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,574
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,996 | € 56,146 | € 34,218 | € 83,097 | ▲ 143% |
| Profit after taxes | € -15,371 | € 2,998 | € -26,122 | € -14,010 | ▲ € 12,112 |
| Equity | € -228,341 | € -225,344 | € -251,466 | € -265,476 | ▼ € 14,010 |
| Total debts | € 582,634 | € 460,324 | € 676,697 | € 1,243,588 | ▲ 84% |
| Cash | € 94,182 | € 9,951 | € 4,104 | € 6,269 | ▲ 53% |
| Land & buildings | - | - | € 46,050 | € 593,707 | ▲ € 547,657 |
| Retained profit | € -341,341 | € -338,344 | € -364,466 | € -378,476 | ▼ € 14,010 |
| Balance sheet total | € 354,293 | € 234,980 | € 425,231 | € 978,112 | ▲ 130% |
Key figures of REAL GREEN ENERGY II, 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 REAL GREEN ENERGY II?
What happened at REAL GREEN ENERGY II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Royal Property Management NV stepped down as director. NBB
- Fintea Management & Consulting Services BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 14,010. filed late Source: NBB ↗
- Royal Property Management NV became a director. NBB
- Fintea Management & Consulting Services BV became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,371 loss in 2022 to € 14,010 loss in 2025.
Best year ever: 2023, with € 2,998 profit.
Management
The stake of MORGAN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
REAL GREEN ENERGY IIThe shares are held by MORGAN INVEST (98.4%).
Directors
According to the 2025 annual accounts
Director · represented by Michael Lisman
Also active at: ROYAL PROPERTIES, MORGAN INVEST, PARK AVENUE, RING BUILDING, HR Ambiorix, WOLUWE CORNER PROPERTY, BESSENVELD 3, ANTWERPS KANTOREN VASTGOED +17 more
since 2024 · until 2030
Fintea Management & Consulting Services BV
Director · represented by Tom Eeckhout
Also active at: Fortim, MORGAN INVEST, PARK AVENUE, RING BUILDING, HR Ambiorix, WOLUWE CORNER PROPERTY, BESSENVELD 3, BESSENVELD 2 +16 more
since 2024 · until 2030
Shareholders
98.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ravensteingalerij 3 box 9
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →C.H.B. - Comité Hygiène et Confort- C.H.B. Comité voor Hygiene en Comfort
ROYAL PROPERTIES same network
€ -4,065 gross margin · 2025
Fortim same network
€ 4,824 gross margin · 2025
Association des Laboratoires belges d' Electronique - Algemene Laboratoria van België voor Elektrotechniek
Sigle-Eurotechalert-Belgique - Sigle-Eurotechalert-Belgïe
+28 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
- 0818.075.729
- VAT number
- BE 0818.075.729
- Registered office
- Ravensteingalerij 3 bus 9, 1000 Brussel
- Names & denominations
- REAL GREEN ENERGY II
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 2009
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit