Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GREEN DOG from Watermaal-Bosvoorde, company number BE0897498339, closed financial year 2025 with a result of € -45,520 after tax. For that financial year GREEN DOG recorded a gross margin of € -42,260 and equity of € 2 million. Compared with financial year 2024, the result moved from € -135,117 to € -45,520. The company made a loss. 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 August 2, 2026.
€ 2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,520
▲ 66 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,588
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -369,673.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.1 million
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 269,530 | € -317,916 | € -131,698 | € -42,260 | ▲ € 89,438 |
| Profit after taxes | € 213,466 | € -325,595 | € -135,117 | € -45,520 | ▲ € 89,598 |
| Equity | € 2,515,739 | € 2,190,144 | € 2,055,026 | € 2,009,507 | ▼ 2% |
| Total debts | € 2,689,739 | € 2,183,903 | € 2,148,581 | € 2,141,739 | |
| Cash | € 250,382 | € 131,920 | € 9,535 | € 8,588 | ▼ 10% |
| Retained profit | € 136,559 | € -189,036 | € -324,154 | € -369,673 | ▼ € 45,520 |
| Dividend | € 230,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 16,733 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 5,205,478 | € 4,374,047 | € 4,203,607 | € 4,151,246 | ▼ 1% |
Key figures of GREEN DOG, 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 DOG?
What happened at GREEN DOG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vesta Group NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 45,520. filed late Source: NBB ↗
- Patricia Schautteet stepped down as director. NBB
- Vincent Andre stepped down as director. NBB
- Vesta Group NV became a director. NBB
- Christophe Verstraete stepped down as director. NBB
- Patricia Schautteet became a director. NBB
- Vincent Andre became a director. NBB
In short
From € 213,466 profit in 2022 to € 45,520 loss in 2025.
Best year ever: 2022, with € 213,466 profit.
Paid out € 230,000 in dividends to the owners in total.
Management
The stake of Dare 2 Build comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREEN DOGThe shares are held by Dare 2 Build (50%).
Directors
According to the 2025 annual accounts
Director · represented by Christophe Verstraete
Also active at: VERSTRAETE, VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING, QUAEDE ACKER, AROES +24 more
since 2024 · until 2030
Patricia Schautteet
Director
Also active at: Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, VERSTRAETE, VEMACO, DUINENVELD, DE POORTERIJ, BROUWERSHOF +31 more
since 2020 · until 2026
Vincent Andre
Managing director
since 2020 · until 2026
Christophe Verstraete
Director
Also active at: VERSTRAETE, VEMACO, IMMO - LOC, VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VS REAL ESTATE +29 more
since 2020 · until 2024
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vorstlaan 24
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →TAG BELGIUM
€ 981,306 gross margin · 2024
ASSOCIATION DU BRABANT DES ENTREPRENEURS GENERAUX - BRABANTS VERBOND DER ALGEMENEAANNEMERS
MASTER SWITCH
€ 6,690 gross margin · 2025
Maison Des Entrepreneurs - Aannemershuis
€ 3.8 million gross margin · 2025
IMMO M.C.H.
€ 227,731 gross margin · 2025
+64 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Features
Security
Details
- Company number
- 0897.498.339
- VAT number
- BE 0897.498.339
- Registered office
- Vorstlaan 24, 1170 Watermaal-Bosvoorde
- Names & denominations
- GREEN DOG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2008
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- dogofriends.be
- Activities · NACE
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