ACTIVE

GreenStack

Financial year 2025 · closed on 31/12/2025
Net result
42,5 k €
-77.5% YoY
Gross margin
672,0 k €
-40.4% YoY
Equity
290,7 k €
+2.0% YoY
Workforce
8,5 ETP
-34.1% YoY

What does GreenStack do?

GreenStack is a Private limited company incorporated in 2020. Its main activity is: Computer programming activities. Its registered office is in Puurs-Sint-Amands. It employs on average 8,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0741.569.057
Incorporation
15/01/2020
Legal form
Private limited company
Registered office
Rode Kruisstraat 35
2870 Puurs-Sint-Amands · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
8,5 ETP
Joint committees (2)
  • 1000
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin672,0 k €1,1 M €958,8 k €881,0 k €213,2 k €40,9 k €
EBITDA89,5 k €279,2 k €-82,1 k €245,7 k €81,1 k €40,6 k €
Operating result72,9 k €253,0 k €-106,7 k €232,5 k €80,0 k €40,6 k €
Net result42,5 k €188,7 k €-116,6 k €170,2 k €60,9 k €32,3 k €
Balance sheet
Equity290,7 k €284,9 k €151,7 k €268,3 k €98,2 k €37,3 k €
Total assets526,0 k €598,5 k €440,4 k €500,1 k €229,4 k €141,2 k €
Cash211,8 k €304,6 k €43,8 k €205,5 k €127,8 k €26,2 k €
Debts235,3 k €313,6 k €288,7 k €231,8 k €131,2 k €103,9 k €
Other
Workforce8,5 ETP12,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Alain Thoen

Director · since 15 janvier 2020

Active

Ended mandates

Alain Thoen

Director · since 13 janvier 2020

Ended
Alain Thoen

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202115/01/2020
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 date31/07/202602/07/202527/06/202430/06/202330/06/202230/07/2021
General meeting30/06/202612/06/202513/06/202408/06/202309/06/202210/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202412/06/202502/07/2025DutchPDF
Micro model31/12/202313/06/202427/06/2024DutchPDF
Micro model31/12/202208/06/202330/06/2023DutchPDF
Micro model31/12/202109/06/202230/06/2022DutchPDF
Micro model31/12/202010/06/202130/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 2 ended

Active mandates

Alain Thoen

Director · since 15 janvier 2020

Active

Ended mandates

Alain Thoen

Director · since 13 janvier 2020

Ended
Alain Thoen

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/03/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office07/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office07/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other16/03/2020
    DIVERSEN
    PDF
  • Other17/01/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202542,5 k €
  2. 2024
    Annual accounts 2024188,7 k €
  3. 2023
    Annual accounts 2023-116,6 k €
  4. 2022
    Annual accounts 2022170,2 k €
  5. 2021
    Annual accounts 202160,9 k €
  6. 2020
    Annual accounts 202032,3 k €
  7. 15/01/2020
    IncorporationPrivate limited company