ACTIVE

Green Ocean Lines

Financial year 2024 · closed on 31/12/2024
Net result
12,5 k €
+20.0% YoY
Gross margin
13,9 k €
+11.8% YoY
Equity
696,9 k €
+1.8% YoY

What does Green Ocean Lines do?

Green Ocean Lines is a Private limited company incorporated in 1962. Its main activity is: Freight transport by road. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.849.978
Incorporation
26/05/1962
Legal form
Private limited company
Registered office
Moerstraat 15
2040 Antwerpen · FlandreSee on map
Contributed capital
800 000,00 €
Latest accounts
31/12/2024
Joint committees (2)
  • 140
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin13,9 k €12,5 k €-379,5 k €-274,7 k €-18,3 k €-12,5 k €-3,5 k €-635,6 €23,3 k €-43,8 k €11,6 k €27,6 k €63,1 k €63,3 k €53,5 k €70,5 k €9,8 k €392,5 k €666,8 k €
EBITDA12,9 k €11,1 k €-380,8 k €-275,9 k €-19,6 k €-13,8 k €-5,2 k €-3,7 k €20,1 k €-48 k €6,3 k €6,7 k €33,4 k €42,1 k €26 k €44,4 k €-60 k €36,1 k €32,4 k €
Operating result12,9 k €11,1 k €-380,8 k €-275,9 k €-19,6 k €-14,5 k €-6,4 k €-6,1 k €18,5 k €-48 k €2,7 k €-1,2 k €16,1 k €28,2 k €11,9 k €34,5 k €-81,2 k €19 k €18,9 k €
Net result12,5 k €10,4 k €-381,3 k €-276,4 k €-20,3 k €-16,5 k €28,6 k €-6,4 k €19,4 k €-46 k €11,8 k €426,2 k €105 €14 k €2,4 k €23,8 k €5,7 k €23 k €14,6 k €
Balance sheet
Equity696,9 k €684,4 k €673,9 k €1,1 M €1,3 M €1,4 M €1,4 M €1,3 M €1,3 M €1,3 M €1,4 M €1,4 M €939,2 k €939,1 k €925,1 k €922,7 k €898,9 k €893,1 k €870,2 k €
Total assets707,3 k €746,6 k €706,1 k €1,1 M €1,3 M €1,4 M €1,6 M €1,6 M €1,7 M €1,7 M €1,9 M €1,8 M €1,2 M €1,3 M €1,3 M €1,2 M €1,1 M €1,3 M €1,4 M €
Cash6,3 k €1,1 k €589,1 €752,6 €87,6 €232 €1,5 k €3,7 k €5,6 k €11 k €6,1 k €7,9 k €8,1 k €18,1 k €6,4 k €2,9 k €61,8 k €34,5 k €
Debts10,4 k €61,3 k €32,1 k €75,9 k €13,9 k €18,8 k €193,9 k €11,8 k €177,4 k €190,7 k €327,5 k €252,9 k €236,9 k €358,2 k €348,6 k €294,7 k €221,5 k €439,3 k €550,8 k €
Other
Workforce1,0 ETP9,0 ETP18,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

Alain ZIEGLER

Managing director

Active
DILIGENCIA CONSULT

Director · 0827.822.843

Represented by Diane GOVAERTS

Active

Ended mandates

DILIGENCIA CONSULT

Director · since 26 octobre 2017 · until 13 juin 2019 · 0827.822.843

Represented by Diane GOVAERTS

Ended
Hugues van de Werve de Schilde

Director · since 13 juin 2007 · until 13 juin 2010

Ended
Hugues van de WERVE de SCHILDE

Director · since 13 juin 2007 · until 22 juin 2010

Ended
Alain ZIEGLER

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
CargaBankrupt
0404.758.630
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelMicro modelAbridged modelMicro modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/07/202510/07/202422/06/202321/06/202206/07/202107/09/2020
General meeting12/06/202513/06/202408/06/202309/06/202210/06/202111/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202412/06/202511/07/2025DutchPDF
Abridged model31/12/202313/06/202410/07/2024DutchPDF
Micro model31/12/202208/06/202322/06/2023DutchPDF
Abridged model31/12/202109/06/202221/06/2022DutchPDF
Micro model31/12/202010/06/202106/07/2021DutchPDF
Abridged model31/12/201911/08/202007/09/2020DutchPDF
Abridged model31/12/201813/06/201928/06/2019DutchPDF
Abridged model31/12/201707/06/201825/06/2018FrenchPDF
Abridged model31/12/201608/06/201720/06/2017FrenchPDF
Abridged model31/12/201502/06/201622/06/2016FrenchPDF
Abridged model31/12/201402/06/201525/06/2015FrenchPDF
Abridged model31/12/201303/06/201423/06/2014FrenchPDF
Abridged model31/12/201204/06/201324/06/2013FrenchPDF
Abridged model31/12/201118/06/201221/06/2012FrenchPDF
Abridged model31/12/201009/06/201115/06/2011FrenchPDF
Abridged model31/12/200922/06/201024/06/2010FrenchPDF
Abridged model31/12/200811/06/200923/06/2009FrenchPDF
Abridged model31/12/200717/06/200825/06/2008FrenchPDF
Abridged model31/12/200614/06/200721/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

Alain ZIEGLER

Managing director

Active
DILIGENCIA CONSULT

Director · 0827.822.843

Represented by Diane GOVAERTS

Active

Ended mandates

DILIGENCIA CONSULT

Director · since 26 octobre 2017 · until 13 juin 2019 · 0827.822.843

Represented by Diane GOVAERTS

Ended
Hugues van de Werve de Schilde

Director · since 13 juin 2007 · until 13 juin 2010

Ended
Hugues van de WERVE de SCHILDE

Director · since 13 juin 2007 · until 22 juin 2010

Ended
Alain ZIEGLER

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/01/2019
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates23/01/2019
    DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates24/07/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/12/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/07/2016
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202412,5 k €
  2. 2023
    Annual accounts 202310,4 k €
  3. 2022
    Annual accounts 2022-381,3 k €
  4. 2021
    Annual accounts 2021-276,4 k €
  5. 2020
    Annual accounts 2020-20,3 k €
  6. 2019
    Annual accounts 2019-16,5 k €
  7. 2018
    Annual accounts 201828,6 k €
  8. 2018
    Name changeGreen Ocean Lines
  9. 2017
    Annual accounts 2017-6,4 k €
  10. 2016
    Annual accounts 201619,4 k €
  11. 2015
    Annual accounts 2015-46 k €
  12. 2014
    Annual accounts 201411,8 k €
  13. 2013
    Annual accounts 2013426,2 k €
  14. 2012
    Annual accounts 2012105 €
  15. 2011
    Annual accounts 201114 k €
  16. 2010
    Annual accounts 20102,4 k €
  17. 2009
    Annual accounts 200923,8 k €
  18. 2008
    Annual accounts 20085,7 k €
  19. 2007
    Annual accounts 200723 k €
  20. 2006
    Annual accounts 200614,6 k €
  21. 2006
    Name changeROUTEX LOGISTICS
  22. 26/05/1962
    IncorporationPrivate limited company