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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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Busy address KBO
85 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GREENTILE from Kortrijk, company number BE0821520318, closed financial year 2025 with a result of € 663,271 after tax. For that financial year GREENTILE recorded a gross margin of € 1.5 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 475,571 to € 663,271. Profitable, and profit is growing. 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 July 16, 2026.
€ 2.1 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 663,271
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 351,555
▼ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 66,510
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,617
▲ 37% 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 | € 2,634,452 | € 1,769,193 | € 1,321,963 | € 1,515,326 | ▲ 15% |
| Profit after taxes | € 1,327,661 | € 789,440 | € 475,571 | € 663,271 | ▲ 39% |
| Equity | € 3,511,455 | € 2,931,783 | € 2,407,354 | € 2,070,625 | ▼ 14% |
| Total debts | € 3,557,958 | € 3,328,890 | € 2,109,905 | € 1,429,682 | ▼ 32% |
| Cash | € 3,443,709 | € 3,137,869 | € 1,810,945 | € 1,440,519 | ▼ 20% |
| Retained profit | € 2,992,855 | € 2,413,183 | € 1,888,754 | € 1,552,025 | ▼ 18% |
| Dividend | € 1,053,813 | € 1,369,112 | € 1,000,000 | € 1,000,000 | |
| Bank debt | € 2,460,889 | € 1,757,778 | € 1,054,667 | € 351,555 | ▼ 67% |
| Balance sheet total | € 7,232,549 | € 6,260,673 | € 4,517,259 | € 3,500,307 | ▼ 23% |
Key figures of GREENTILE, 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 GREENTILE?
What happened at GREENTILE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 663,271 (▲ 39% vs 2024). Source: NBB ↗
- Artelco BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 663,271 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
Paid out € 4.4 million in dividends to the owners in total.
Management
The stake of Despiegelaere Projects, DENNEDUIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREENTILEBehind GREENTILE is Artelco BV. The shares are held by Despiegelaere Projects (1%) and DENNEDUIN (1%).
Directors
According to the 2025 annual accounts
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 26 box .0002
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 85 companies are registered at this address.
All companies at this address →CAPRICE
€ 43,647 gross margin · 2023
VERSTRAETE
€ -27,246 gross margin · 2025
DENNEDUIN same network
€ 31,303 gross margin · 2025
ICT Talents
€ 3.9 million gross margin · 2025
Engi Talents
€ 40.5 million revenue · 2025
+80 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
- 0821.520.318
- VAT number
- BE 0821.520.318
- Registered office
- Beneluxpark(Kor) 26 bus .0002, 8500 Kortrijk
- Names & denominations
- GREENTILE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2009
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit