ACTIVE

D&B GREEN SOLUTION

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Financial year 2025 · closed on 30/09/2025

Net result

682,1 k €

-27.0% YoY

Gross margin

1,7 M €

-6.0% YoY

Equity

2,4 M €

-11.8% YoY

Workforce

9,0 ETP

+12.5% YoY

What does D&B GREEN SOLUTION do?

D&B GREEN SOLUTION is a Public limited company incorporated in 2016. Its main activity is: Production of electricity. Its registered office is in Estinnes. It employs on average 9,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0668.581.012

Incorporation

30/12/2016

Legal form

Public limited company

Registered office

Rue Grégoire Jurion(VBR) 12
7120 Estinnes · WallonieSee on map

Contributed capital

75 000,00 €

Latest accounts

30/09/2025

Average workforce

9,0 ETP

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 70200Management consultancy activities 70220Business and other management consultancy activities 35140Trade of electricity 35150Electric power generation, transmission and distribution+6

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	1,7 M €	-6.0%	1,9 M €	-16.5%	2,2 M €	+179%	797,7 k €	+45.4%	548,5 k €	+25.4%	437,3 k €	+243%	127,3 k €	+358%	27,8 k €
EBITDA	1 M €	-22.1%	1,3 M €	-18.4%	1,6 M €	+336%	365,8 k €	+163%	139,1 k €	-46.2%	258,3 k €	+133%	110,8 k €	+309%	27,1 k €
Operating result	942,9 k €	-25.2%	1,3 M €	-19.5%	1,6 M €	+357%	342,6 k €	+225%	105,5 k €	-54.2%	230,1 k €	+125%	102,1 k €	+307%	25,1 k €
Net result	682,1 k €	-27.0%	934,6 k €	-17.2%	1,1 M €	+379%	235,9 k €	+224%	72,9 k €	-55.9%	165,2 k €	+134%	70,6 k €	+321%	16,8 k €
Balance sheet
Equity	2,4 M €	-11.8%	2,7 M €	+52.9%	1,8 M €	+177%	636,4 k €	+58.9%	400,5 k €	+22.2%	327,6 k €	+102%	162,4 k €	+77.0%	91,8 k €
Total assets	4,1 M €	-0.3%	4,1 M €	-13.0%	4,7 M €	+150%	1,9 M €	+26.5%	1,5 M €	+22.4%	1,2 M €	+150%	491,7 k €	+69.0%	291 k €
Cash	981,1 k €	-28.5%	1,4 M €	+44.5%	949,6 k €	+1223%	71,8 k €	-79.2%	345,6 k €	+16.8%	295,9 k €	+68.5%	175,6 k €	+110%	83,5 k €
Debts	1,5 M €	+52.5%	955,2 k €	-67.9%	3 M €	+136%	1,3 M €	+14.7%	1,1 M €	+22.4%	899,4 k €	+173%	329,3 k €	+65.3%	199,2 k €
Other
Workforce	9,0 ETP	+12.5%	8,0 ETP	+8.1%	7,4 ETP	+29.8%	5,7 ETP	+7.5%	5,3 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

BASC

Mandate · 0847.933.220

Active

BRO CONSULT

Mandate · 0692.839.128

Active

Ended mandates

B2B SOLAR ENERGY

Mandate · 0780.734.687

Ended

Benjamin ROCHEZ

Mandate

Ended

CODEPAR SA

Mandate · 0894.576.758

Represented by Benoît Soenen

Ended

COMPAGNIE FINANCIERE DE TRAVAUX PUBLICS ET AGREGATS

Mandate · 0459.515.229

Represented by Benoît Soenen

Ended

At this address

Other companies at this address

Company	CBE no.
B2B SOLAR ENERGY● Active	0780.734.687
D&B GREEN INVEST● Active	0734.932.673
SS DB Green-Wanty- Spge lot 2- Inasep● Active	1015.248.421
SS DB Green - Wanty - SPGE - lot 3 - MP 23.057● Active	1016.848.723
SS DB Green - Wanty - SPGE - MP 23.045● Active	1016.857.829
SSM DB GREEN RONVEAUX● Active	1040.222.852
YORKSHIRE ENERGIE● Active	0785.325.262

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	24/05/2025	08/05/2024	28/04/2023	29/04/2022	31/03/2021
General meeting	31/03/2026	25/03/2025	26/03/2024	28/03/2023	29/04/2022	30/03/2021
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

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	31/03/2026	29/04/2026	French	PDF
Abridged model	30/09/2024	25/03/2025	24/05/2025	French	PDF
Abridged model	30/09/2023	26/03/2024	08/05/2024	French	PDF
Abridged model	30/09/2022	28/03/2023	28/04/2023	French	PDF
Abridged model	30/09/2021	29/04/2022	29/04/2022	French	PDF
Micro model	30/09/2020	30/03/2021	31/03/2021	French	PDF
Micro model	30/09/2019	24/03/2020	30/04/2020	French	PDF
Micro model	30/09/2018	26/03/2019	16/04/2019	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 30/09/2025 · 2 active · 6 ended

Active mandates

BASC

Mandate · 0847.933.220

Active

BRO CONSULT

Mandate · 0692.839.128

Active

Ended mandates

B2B SOLAR ENERGY

Mandate · 0780.734.687

Ended

Benjamin ROCHEZ

Mandate

Ended

CODEPAR SA

Mandate · 0894.576.758

Represented by Benoît Soenen

Ended

COMPAGNIE FINANCIERE DE TRAVAUX PUBLICS ET AGREGATS

Mandate · 0459.515.229

Represented by Benoît Soenen

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates15/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates17/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates25/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates03/01/2018
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Other03/01/2017
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025682,1 k €↓
2024
Annual accounts 2024934,6 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022235,9 k €↑
2021
Annual accounts 202172,9 k €↓
2020
Annual accounts 2020165,2 k €↑
2019
Annual accounts 201970,6 k €↑
2018
Annual accounts 201816,8 k €
30/12/2016
IncorporationPublic 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

D&B GREEN SOLUTION

Overview

What does D&B GREEN SOLUTION do?

Trend over 8 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