Financials
Financial year 2025
Greenfrun from Dentergem, company number BE0899378159, closed financial year 2025 with a result of € 325,783 after tax. For that financial year Greenfrun recorded a gross margin of € 1.1 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 203,123 to € 325,783. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ 4.4 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 325,783
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 767,369
▼ 17% 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 € 2.9 million.
People and assets in 2025
€ 1.7 million
▼ 48% vs 2024
Of which on lease € 1.7 million.
Debts at end 2025
€ 1.4 million
▼ 28% vs 2024
€ 346,351 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 57,978
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,497
▲ 50% 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 | € 1,611,430 | € 1,124,128 | € 930,222 | € 1,062,857 | ▲ 14% |
| Profit after taxes | € 630,270 | € 282,054 | € 203,123 | € 325,783 | ▲ 60% |
| Equity | € 3,765,615 | € 3,983,749 | € 4,122,952 | € 4,384,815 | ▲ 6% |
| Total debts | € 4,162,356 | € 2,799,433 | € 2,021,066 | € 1,437,306 | ▼ 29% |
| Cash | € 1,539,281 | € 1,118,214 | € 925,844 | € 767,369 | ▼ 17% |
| Retained profit | € 2,043,449 | € 2,325,503 | € 2,528,626 | € 2,854,409 | ▲ 13% |
| Bank debt | € 3,940,401 | € 2,567,842 | € 1,876,518 | € 1,350,555 | ▼ 28% |
| Balance sheet total | € 7,927,971 | € 6,783,182 | € 6,144,019 | € 5,822,121 | ▼ 5% |
Key figures of Greenfrun, 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 Greenfrun?
What happened at Greenfrun in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 325,783 (▲ 60% vs 2024). filed late Source: NBB ↗
- Sandra Grauers Nilsson became a director. NBB
- Peter Thorsted became a director. NBB
- Hans Peter Vestergaard stepped down as director. NBB
- Anders Marcus stepped down as director. NBB
- Hans Peter Vestergaard became a director. NBB
- Ellecon became a director. NBB
- Anders Marcus became a director. NBB
In short
From € 630,270 profit in 2022 to € 325,783 profit in 2025.
Paid € 378,967 in corporate taxes since 2022.
Best year ever: 2022, with € 630,270 profit.
Management
Behind Greenfrun are Ellecon, Sandra Grauers Nilsson and Peter Thorsted. Ellecon is also behind FIEVA and SOLAR ASSET MANAGEMENT.
Directors
According to the 2025 annual accounts
Director · represented by Elien Van Nieuwenhuyse
Also active at: FIEVA, SOLAR ASSET MANAGEMENT
since 2022
Sandra Grauers Nilsson
Director
since 2025
Peter Thorsted
Director
since 2025
since 2024 · until 2025
since 2018 · until 2025
Establishments
Establishment units
Physical locations of this company
Camiel Cluysestraat(Wak) 21
8720 Dentergem
Kleine Tapuitstraat 18
8540 Deerlijk
Active since 20 March 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0899.378.159
- VAT number
- BE 0899.378.159
- Registered office
- Camiel Cluysestraat(Wak) 21, 8720 Dentergem
- Names & denominations
- Greenfrun
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2008
- Peppol
- Active · Active since 11 Mar 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
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