Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GREENFEVER from Vilvoorde, company number BE0896284552, closed financial year 2025 with a result of € 548,544 after tax. For that financial year GREENFEVER recorded a gross margin of € -3.1 million and equity of € -2.7 million. Compared with financial year 2024, the result moved from € 436,045 to € 548,544. Profitable, and profit is growing. 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 January 29, 2026.
€ -2.7 million
▲ € 548,544 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 548,544
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 34,470
▲ € 31,618 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 € -3.1 million.
Debts at end 2025
€ 101,951
▼ 16% vs 2024
€ 18,955 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,420
▲ 126% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,351
▼ 42% 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 | € 8,846,869 | € -3,858,047 | € -927,112 | € -3,130,307 | ▼ € 2.2 million |
| Profit after taxes | € -8,877,358 | € 3,647,466 | € 436,045 | € 548,544 | ▲ 26% |
| Equity | € -7,318,121 | € -3,670,655 | € -3,234,611 | € -2,686,067 | ▲ € 548,544 |
| Total debts | € 232,916 | € 384,819 | € 3,744,135 | € 3,315,902 | ▼ 11% |
| Cash | € 464,998 | € 464,395 | € 2,851 | € 34,470 | ▲ € 31,618 |
| Land & buildings | € 89,941 | € 77,107 | € 64,274 | € 51,441 | ▼ 20% |
| Retained profit | € -7,726,665 | € -4,079,200 | € -3,643,155 | € -3,094,611 | ▲ € 548,544 |
| Bank debt | € 158,202 | € 140,377 | € 121,654 | € 101,951 | ▼ 16% |
| Balance sheet total | € 1,553,621 | € 1,462,448 | € 1,135,205 | € 1,255,516 | ▲ 11% |
| Employees (FTE) | 3.3 | 0 | 0 | - |
Key figures of GREENFEVER, 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 GREENFEVER?
What happened at GREENFEVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 548,544 (▲ 26% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- New establishment in Vilvoorde. KBO
- ENERGETIQ BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8.9 million loss in 2022 to € 548,544 profit in 2025.
Paid € 230,764 in corporate taxes since 2022.
Best year ever: 2023, with € 3.6 million profit.
On average € 2.7 million of value added per employee in 2022.
Management
The stake of Invisible Web, ENERGETIQ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREENFEVERBehind GREENFEVER is ENERGETIQ BV. The shares are held by Invisible Web (30%) and ENERGETIQ (0%). It owns 100% of Progress Energy Services BV itself.
Directors
According to the 2025 annual accounts
Director · represented by LENAERTS STIJN
Also active at: STROOMFIXERS, PROGRESS ENERGY SERVICES, Holoptic
since 2008
Shareholders
30%
0%
Participations
Establishments
Establishment units
Physical locations of this company
Harensesteenweg 230 box 2.13
1800 Vilvoorde
Ninovesteenweg 198
9320 Aalst
Active since 1 June 2019
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 →Deklat Binnen
€ -2,684 gross margin · 2025
SportHouse Group
€ 2 million gross margin · 2024
MORACEA
GRIP SPORTS CONSULTANCY
€ -2,706 gross margin · 2025
PROGRESS ENERGY SERVICES same network
€ -255,804 gross margin · 2025
+1 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
- 0896.284.552
- VAT number
- BE 0896.284.552
- Registered office
- Harensesteenweg 230 bus 2.13, 1800 Vilvoorde
- Names & denominations
- GREENFEVER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2008
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Activiteiten van hoofdkantoren