ACTIVE

GREEN SPIRIT INDUSTRIES

Financial year 2025 · Closed on 31/12/2025

Net result434,7 k €-61,8 %over 1 year

Gross margin141,4 k €+38,9 %over 1 year

Equity11,1 M €+17,8 %over 1 year

Identity

Source · BCE/KBO

GREEN SPIRIT INDUSTRIES is a Public limited company incorporated in 1992. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Etterbeek.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0447.811.683
Incorporation: 01/07/1992
Legal form: Public limited company
Registered office: Boulevard Saint-Michel 123
1040 Etterbeek · BruxellesSee on map
Contributed capital: 280 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 70200Management consultancy activities 71330Architectural and engineering activities; technical testing and analysis 47791Retail sale of second-hand goods in stores 47791Retail sale of second-hand goods in stores+5

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	141,4 k €	+38.9%	101,9 k €	-32.2%	150,2 k €	+10.9%	135,5 k €	+23.9%	109,3 k €
EBITDA	136,2 k €	+39.7%	97,5 k €	-33.3%	146,3 k €	+12.5%	130,1 k €	+22.1%	106,5 k €
Operating result	104,3 k €	+69.7%	61,5 k €	-40.5%	103,4 k €	+19.6%	86,4 k €	+38.5%	62,4 k €
Net result	434,7 k €	-61.8%	1,1 M €	+163%	432,5 k €	+26.8%	341,2 k €	-9.8%	378,4 k €
Balance sheet
Equity	11,1 M €	+17.8%	9,4 M €	+15.3%	8,2 M €	+134%	3,5 M €	+10.8%	3,2 M €
Total assets	19,3 M €	+18.3%	16,3 M €	+40.8%	11,6 M €	+92.1%	6 M €	+0.7%	6 M €
Cash	509,6 k €	+34.6%	378,6 k €	+125%	168,2 k €	+1.0%	166,6 k €	+8.4%	153,7 k €
Debts	8,2 M €	+18.8%	6,9 M €	+103%	3,4 M €	+34.9%	2,5 M €	-10.6%	2,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emmanuelle Verset	Bestuurder30/08/2018 → 22/12/2030Director30/08/2018 → 2021 accountsended
Jean-Luc Heuzer	Bestuurder23/12/2024 → 22/12/2030Administrateur30/08/2018 → 18/06/2024endedDirectorlisted until the 2012 accountsendedChairman of the board of directors18/06/2013 → 2013 accountsendedManaging director12/04/2007 → 2021 accountsended
Rolf Vandoren	Bestuurder23/12/2024 → 22/12/2030Administrateur30/08/2018 → 18/06/2024endedDirectorlisted until the 2012 accountsendedManaging director12/04/2007 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARIANE VAN DEN BOSSCHE	Director18/06/2013 → 2018 accounts
ANANE VAN DEN BOSSCHE	Director12/04/2007 → 2008 accounts
Ariane (AV 2013) Van Den Bossche	Director12/04/2007 → 2007 accounts

Other companies at this address

Boulevard Saint-Michel 123 1040 Etterbeek

Company	CBE no.
ARMOR OFFICE PRINTING BENELUX● Active	0892.611.024
Association des copropriétaires de la Résidence Boulevard Saint-Michel 123 à Etterbeek , boulevard Saint-Michel 123● Active	0508.473.010
BLU INNOVATION● Active	0818.487.681
CHENZER● Active	0476.999.280
COMPAGNIE FINANCIERE DES PALAIS D'OUTRE-PONTS● Active	0417.759.501
EMMANUEL CARLIER AVOCAT● Active	0670.743.221
Expert Technologies & Consulting● Active	0437.553.538
FORUM ST MICHEL● Active	0543.981.245
LOCOMADIER● Active	0462.305.463
LURIANE● Active	0442.140.747
MAGFORCE ET CONSTRUCTION● Active	0552.914.054
ORBIS CARE● Active	0672.406.869
RISBART● Active	0455.288.801
SMART INDUSTRIAL REAL ESTATE● Active	0456.410.833
STUDIO ART EN CIEL● Active	0683.719.742
TREE FINANCE● Active	0557.922.224
TREEKIDS● Active	0828.747.709

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	06/08/2026	23/08/2025	13/07/2024	03/07/2023	22/07/2022	29/07/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	20/06/2023	14/06/2022	15/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/06/2026	06/08/2026	Dutch	PDF
Micro model	31/12/2024	17/06/2025	23/08/2025	Dutch	PDF
Micro model	31/12/2023	18/06/2024	13/07/2024	French	PDF
Micro model	31/12/2022	20/06/2023	03/07/2023	French	PDF
Micro model	31/12/2021	14/06/2022	22/07/2022	French	PDF
Micro model	31/12/2020	15/06/2021	29/07/2021	French	PDF
Micro model	31/12/2019	16/06/2020	08/11/2020	French	PDF
Micro model	31/12/2018	18/06/2019	06/08/2019	French	PDF
Micro model	31/12/2017	19/06/2018	18/07/2018	French	PDF
Micro model	31/12/2016	20/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	21/06/2016	03/08/2016	French	PDF
Abridged model	31/12/2014	16/06/2015	25/08/2015	French	PDF
Abridged model	31/12/2013	17/06/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	18/06/2013	09/10/2013	French	PDF
Abridged model	31/12/2011	19/06/2012	16/08/2012	French	PDF
Abridged model	31/12/2010	21/06/2011	10/08/2011	French	PDF
Abridged model	31/12/2009	09/04/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	10/04/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	08/04/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	14/03/2007	18/04/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emmanuelle Verset	Bestuurder30/08/2018 → 22/12/2030Director30/08/2018 → 2021 accountsended
Jean-Luc Heuzer	Bestuurder23/12/2024 → 22/12/2030Administrateur30/08/2018 → 18/06/2024endedDirectorlisted until the 2012 accountsendedChairman of the board of directors18/06/2013 → 2013 accountsendedManaging director12/04/2007 → 2021 accountsended
Rolf Vandoren	Bestuurder23/12/2024 → 22/12/2030Administrateur30/08/2018 → 18/06/2024endedDirectorlisted until the 2012 accountsendedManaging director12/04/2007 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARIANE VAN DEN BOSSCHE	Director18/06/2013 → 2018 accounts
ANANE VAN DEN BOSSCHE	Director12/04/2007 → 2008 accounts
Ariane (AV 2013) Van Den Bossche	Director12/04/2007 → 2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2018
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates18/09/2013
DEMISSIONS, NOMINATIONS
PDF
Other27/07/2010
COORDINATION DES STATUTS
PDF
Other29/06/2010
Er blijkt uit een proces-verbaal opgesteld door notaris Didier BRUSSELMANS, te Sint-Agatha-Berchem, ol
PDF
Mandates20/06/2007
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2004
ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Rolf Vandoren

Emmanuelle Verset

Jean-Luc Heuzer

ARIANE VAN DEN BOSSCHE

Rolf (AV 2013) Vandoren

ANANE VAN DEN BOSSCHE

Jean-Luc (AV 2013) Heuzer

Ariane (AV 2013) Van Den Bossche

Edmond Vrancken

Rolf ir. Vandoren

Francoise Offergeld

199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

GREEN SPIRIT INDUSTRIES

Boulevard Saint-Michel 123, 1040 Etterbeek

BestuurderAdministrateurManaging director

BestuurderDirector

BestuurderAdministrateurManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard Saint-Michel 123, 1040 EtterbeekCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00384839

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GREEN SPIRIT INDUSTRIESCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00384839

Events

2025
Annual accounts 2025434,7 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023432,5 k €↑
2022
Annual accounts 2022341,2 k €↓
2021
Annual accounts 2021378,4 k €↑
2020
Annual accounts 2020-15,6 k €↓
2019
Annual accounts 201915,1 k €↑
2018
Annual accounts 2018-124,5 k €↓
2017
Annual accounts 201721,5 k €↑
2016
Annual accounts 2016554,3 €↓
2015
Annual accounts 20151,5 k €↑
2014
Annual accounts 2014-4,6 k €↑
2013
Annual accounts 2013-7,2 k €↓
2012
Annual accounts 2012234,1 k €↑
2011
Annual accounts 20115,2 k €↓
2010
Annual accounts 201069,7 k €↑
2009
Annual accounts 200910,5 k €↓
2008
Annual accounts 200812,9 k €↑
2007
Annual accounts 2007-29,1 k €↑
2006
Annual accounts 2006-63,5 k €
01/07/1992
IncorporationPublic limited company

GREEN SPIRIT INDUSTRIES

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events