ACTIVE

GREENHOUSE

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Financial year 2025 · closed on 31/12/2025

Net result

98,9 k €

+151.1% YoY

Gross margin

231,5 k €

+44.5% YoY

Equity

608,4 k €

+12.8% YoY

Workforce

1,6 ETP

0.0% YoY

What does GREENHOUSE do?

GREENHOUSE is a Private limited company incorporated in 1988. Its registered office is in Brugge. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.011.940

Incorporation

22/08/1988

Legal form

Private limited company

Registered office

Legeweg 370
8200 Brugge · FlandreSee on map

Contributed capital

26 664,20 €

Latest accounts

31/12/2025

Average workforce

1,6 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	231,5 k €	+44.5%	160,2 k €	-20.2%	200,8 k €	-6.3%	214,3 k €	-1.9%	218,5 k €	+73.2%	126,2 k €	-2.3%	129,2 k €	-12.5%	147,6 k €	+14.7%	128,7 k €	-31.4%	187,5 k €	+13.9%	164,7 k €	+5.2%	156,6 k €	-21.1%	198,5 k €	-10.3%	221,2 k €	+15.6%	191,3 k €	-3.0%	197,1 k €	-22.4%	253,9 k €
EBITDA	158,7 k €	+65.0%	96,2 k €	-25.6%	129,3 k €	-17.8%	157,3 k €	+0.7%	156,2 k €	+124%	69,6 k €	+40.9%	49,4 k €	+19.9%	41,2 k €	+5.8%	39 k €	-44.3%	69,9 k €	+63.7%	42,7 k €	+23.4%	34,6 k €	-31.2%	50,3 k €	-29.0%	70,9 k €	+43.7%	49,3 k €	+11.9%	44,1 k €	-57.8%	104,4 k €
Operating result	109,5 k €	+119%	50,1 k €	-45.3%	91,5 k €	-28.8%	128,6 k €	-6.0%	136,8 k €	+172%	50,3 k €	+39.6%	36 k €	+13.9%	31,6 k €	+17.9%	26,8 k €	-53.7%	57,9 k €	+103%	28,5 k €	+215%	9 k €	-64.9%	25,7 k €	-32.1%	37,9 k €	+259%	10,5 k €	+174%	3,8 k €	-93.5%	59,3 k €
Net result	98,9 k €	+151%	39,4 k €	-46.0%	72,9 k €	-27.9%	101,1 k €	-9.7%	112 k €	+204%	36,8 k €	+114%	17,2 k €	+64.1%	10,5 k €	+5.1%	10 k €	-70.1%	33,3 k €	+123%	15 k €	+380%	-5,4 k €	-131%	17,3 k €	-18.6%	21,3 k €	+5938%	352 €	+165%	-540,3 €	-102%	26,6 k €
Balance sheet
Equity	608,4 k €	+12.8%	539,5 k €	+1.8%	530,1 k €	+0.0%	529,9 k €	+15.5%	458,8 k €	+21.8%	376,7 k €	+4.7%	359,9 k €	+5.0%	342,7 k €	+3.1%	332,4 k €	+3.0%	322,6 k €	+4.3%	309,4 k €	+5.0%	294,6 k €	-1.9%	300,3 k €	+6.2%	282,9 k €	+8.0%	262 k €	+0.2%	261,3 k €	-0.5%	262,5 k €
Total assets	1,5 M €	+72.1%	852,4 k €	-6.0%	906,7 k €	+8.0%	839,3 k €	+8.1%	776,7 k €	+16.1%	668,7 k €	+4.0%	642,8 k €	-5.0%	676,8 k €	+2.7%	658,8 k €	-5.9%	700 k €	-1.5%	710,4 k €	-10.2%	791,3 k €	-14.1%	921,6 k €	+18.4%	778,4 k €	+1.2%	769,3 k €	+1.8%	755,3 k €	+12.0%	674,7 k €
Cash	107,7 k €	+884%	10,9 k €	-31.6%	16 k €	-17.0%	19,3 k €	-31.5%	28,1 k €	+239%	8,3 k €	-52.0%	17,3 k €	+17523%	98,1 €	-78.6%	459,7 €	-40.2%	768,5 €	-88.9%	6,9 k €	-86.8%	52,4 k €	-68.2%	164,6 k €	+24923%	657,9 €	+36.4%	482,2 €	-59.1%	1,2 k €	+251%	336 €
Debts	848,2 k €	+180%	302,9 k €	-17.5%	367,3 k €	+21.4%	302,6 k €	-2.8%	311,3 k €	+9.3%	284,7 k €	+3.4%	275,4 k €	-15.9%	327,3 k €	+1.8%	321,5 k €	-14.0%	373,6 k €	-6.3%	398,6 k €	-19.3%	494,1 k €	-20.1%	618,4 k €	+26.1%	490,6 k €	-2.7%	504,1 k €	+2.7%	491 k €	+20.1%	408,7 k €
Other
Workforce	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	-27.3%	2,2 ETP		–		–		3,3 ETP	+10.0%	3,0 ETP	+7.1%	2,8 ETP	-44.0%	5,0 ETP	-12.3%	5,7 ETP	+14.0%	5,0 ETP	0.0%	5,0 ETP	-5.7%	5,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

PIERRE PLANT

Director · since 11 septembre 2024 · 1000.932.607

Represented by PIERRE INGELAERE

Active

CARINE ERAUW

Director · since 25 septembre 2023

Active

ONTWERPBURO PIETER INGELAERE

Director · since 25 septembre 2023 · 0444.569.509

Represented by PIETER INGELAERE

Active

Ended mandates

PIERRE PLANT

Director · since 11 septembre 2024 · 1000.932.607

Represented by Pierre INGELAERE

Ended

ONTWERPBURO PIETER INGELAERE

Director · since 25 septembre 2023 · 0444.569.509

Represented by Pieter INGELAERE

Ended

ONTWERPBURO PIETER INGELAERE

Director · since 01 juillet 2003 · 0444.569.509

Represented by Pieter Ingelaere

Ended

ONTWERPBURO PIETER INGELAERE

Manager · since 01 juillet 2003 · 0444.569.509

Represented by Pieter Ingelaere

Ended

At this address

Other companies at this address

Company	CBE no.
PIERRE PLANT● Active	1000.932.607

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	30/06/2025	25/07/2024	27/09/2023	31/08/2022	10/06/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	03/06/2023	04/06/2022	01/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	27/09/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	10/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/08/2020	10/09/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	20/08/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	19/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	16/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	18/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 3 active · 9 ended

Active mandates

PIERRE PLANT

Director · since 11 septembre 2024 · 1000.932.607

Represented by PIERRE INGELAERE

Active

CARINE ERAUW

Director · since 25 septembre 2023

Active

ONTWERPBURO PIETER INGELAERE

Director · since 25 septembre 2023 · 0444.569.509

Represented by PIETER INGELAERE

Active

Ended mandates

PIERRE PLANT

Director · since 11 septembre 2024 · 1000.932.607

Represented by Pierre INGELAERE

Ended

ONTWERPBURO PIETER INGELAERE

Director · since 25 septembre 2023 · 0444.569.509

Represented by Pieter INGELAERE

Ended

ONTWERPBURO PIETER INGELAERE

Director · since 01 juillet 2003 · 0444.569.509

Represented by Pieter Ingelaere

Ended

ONTWERPBURO PIETER INGELAERE

Manager · since 01 juillet 2003 · 0444.569.509

Represented by Pieter Ingelaere

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring18/10/2023
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring06/03/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates22/03/2004
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202598,9 k €↑
2024
Annual accounts 202439,4 k €↓
2023
Annual accounts 202372,9 k €↓
2021
Annual accounts 2021101,1 k €↓
2020
Annual accounts 2020112 k €↑
2019
Annual accounts 201936,8 k €↑
2018
Annual accounts 201817,2 k €↑
2017
Annual accounts 201710,5 k €↑
2016
Annual accounts 201610 k €↓
2015
Annual accounts 201533,3 k €↑
2014
Annual accounts 201415 k €↑
2013
Annual accounts 2013-5,4 k €↓
2012
Annual accounts 201217,3 k €↓
2011
Annual accounts 201121,3 k €↑
2010
Annual accounts 2010352 €↑
2009
Annual accounts 2009-540,3 €↓
2008
Annual accounts 200826,6 k €
22/08/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GREENHOUSE

Overview

What does GREENHOUSE do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline