ACTIVE

Green Grids

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Financial year 2025 · closed on 31/12/2025
Net result
10,4 k €
+52.1% YoY
Gross margin
58,6 k €
+12.6% YoY
Equity
27,7 k €
+60.2% YoY

What does Green Grids do?

Green Grids is a Private limited company incorporated in 2019. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Koekelberg.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0730.952.309
Incorporation
23/07/2019
Legal form
Private limited company
Registered office
Avenue de la Liberté 73
1081 Koekelberg · BruxellesSee on map
Contributed capital
45 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
43221Plumbing, heat and air-conditioning installation· main43221Plumbing, heat and air-conditioning installation
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin58,6 k €52 k €90,1 k €43,9 k €101 k €13,4 k €-4,2 k €
EBITDA17,7 k €19,6 k €21,8 k €-30,8 k €18,1 k €3,5 k €-4,6 k €
Operating result10,6 k €9,8 k €7,2 k €-42,4 k €10,7 k €2,9 k €-4,6 k €
Net result10,4 k €6,8 k €-669,8 €-42,6 k €8,3 k €5,1 k €-4,6 k €
Balance sheet
Equity27,7 k €17,3 k €10,5 k €11,1 k €53,7 k €15,4 k €10,4 k €
Total assets46,4 k €35,9 k €39,2 k €37,5 k €113,5 k €32,7 k €11,5 k €
Cash5,3 k €6,9 k €5,5 k €12,1 k €39,3 k €6,4 k €432,2 €
Debts18,6 k €18,6 k €28,7 k €26,4 k €59,8 k €17,3 k €1,2 k €
Other
Workforce––––2,7 ETP2,3 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 31/12/2025 · 2 active · 2 ended

Active mandates

Yvette Versean

Administrateur · since 16 mars 2022

Active
STEVE WILLEMS

Administrateur

Active

Ended mandates

Steve Willems

Director · since 16 mars 2022

Ended
VEMI AG

Director · 0632.777.322

Represented by Michael Verlackt

Ended
At this address

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0646.984.060
FIDUCIA CONSULTING● Active
0700.583.092
FILIMAR CONSTRUCT● Active
0715.846.241
FRIZ COMPANY● Active
1040.190.584
InWa Consulting● Active
1024.059.682
K.S. COSMETICS● Active
0501.871.268
LUXENTRA● Active
1021.098.511
MEDNES● Active
0727.678.261
Portugal CT● Active
1018.952.435
SW CONSTRUCTION● Active
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SW Property● Active
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TAGO GENERALE● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202605/06/202505/07/202430/07/202306/07/202202/07/2021
General meeting18/03/202618/03/202518/03/202418/03/2023–18/03/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/03/202601/07/2026FrenchPDF
Micro model31/12/202418/03/202505/06/2025FrenchPDF
Micro model31/12/202318/03/202405/07/2024FrenchPDF
Micro model31/12/202218/03/202330/07/2023FrenchPDF
Abridged model31/12/2021—06/07/2022DutchPDF
Abridged model31/12/202018/03/202102/07/2021DutchPDF
Abridged model31/12/201918/03/202018/06/2020DutchPDF
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 31/12/2025 · 2 active · 2 ended

Active mandates

Yvette Versean

Administrateur · since 16 mars 2022

Active
STEVE WILLEMS

Administrateur

Active

Ended mandates

Steve Willems

Director · since 16 mars 2022

Ended
VEMI AG

Director · 0632.777.322

Represented by Michael Verlackt

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office13/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office22/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/11/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2021
    MAATSCHAPPELIJKE ZETEL - 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

Timeline

  1. 2025
    Annual accounts 202510,4 k €↑
  2. 2024
    Annual accounts 20246,8 k €↑
  3. 2023
    Annual accounts 2023-669,8 €↑
  4. 2022
    Annual accounts 2022-42,6 k €↓
  5. 2021
    Annual accounts 20218,3 k €↑
  6. 2020
    Annual accounts 20205,1 k €↑
  7. 2020
    Name changeGreen Grids
  8. 2019
    Annual accounts 2019-4,6 k €
  9. 23/07/2019
    IncorporationPrivate limited company
  10. 2019
    Name changeWATER WORX