ACTIVE

GREENCITY

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Financial year 2025 · closed on 31/12/2025
Net result
48 k €
-56.7% YoY
Gross margin
65 k €
-59.8% YoY
Equity
993,8 k €
+5.1% YoY

What does GREENCITY do?

GREENCITY is a Public limited company incorporated in 2010. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0830.443.526
Incorporation
19/10/2010
Legal form
Public limited company
Registered office
Rue Sainte-Marie 5 box 4
4000 Liège · WallonieSee on map
Contributed capital
1 262 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin65 k €161,7 k €71,4 k €68,3 k €62,1 k €63,7 k €68,9 k €63,2 k €56,6 k €50,6 k €62,7 k €114,6 k €73,7 k €72,8 k €
EBITDA60,8 k €136,4 k €57,5 k €61,8 k €55,4 k €57,5 k €62,6 k €57 k €50,5 k €44,7 k €56,8 k €103,4 k €72,5 k €71,7 k €
Operating result40,6 k €110,8 k €24,1 k €28,4 k €22 k €24,1 k €29,4 k €24 k €17,5 k €11,6 k €23,7 k €45,5 k €39,4 k €34 k €
Net result48 k €110,7 k €-229,1 k €-10,6 k €-18,9 k €12,4 k €79 k €-26,2 k €-112,4 k €-31,7 k €-49,7 k €-25,2 k €-1,1 k €-13,8 k €
Balance sheet
Equity993,8 k €945,9 k €835,1 k €1,1 M €1,1 M €1,1 M €1,1 M €1 M €1 M €1,1 M €1,2 M €22,4 k €47,5 k €48,7 k €
Total assets1,2 M €1,1 M €1,3 M €1,9 M €1,9 M €2 M €5,9 M €5,7 M €5,6 M €2,1 M €2,1 M €1 M €997 k €1 M €
Cash59,1 k €65,5 k €130,2 k €30,4 k €4,7 k €21,8 k €23,2 k €55,3 k €85,7 k €16,2 k €53,4 k €119,1 k €30 k €5,8 k €
Debts163,6 k €192,9 k €413,5 k €814,7 k €809,2 k €854,6 k €4,4 M €4,4 M €4,5 M €915,7 k €955,6 k €990 k €949,2 k €964,1 k €
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 · 2 active · 14 ended

Active mandates

Guillaume STRUMAN

Director · since 10 juin 2022 · until 09 juin 2028

Active
OGEO FUND

Director · since 10 juin 2022 · until 09 juin 2028 · 0429.333.876

Represented by Frank JEUSETTE

Active

Ended mandates

OGEO FUND

Director · since 03 mai 2021 · until 10 juin 2022 · 0429.333.876

Represented by Frank JEUSETTE

Ended
Emmanuel LEJEUNE

Director · since 09 juin 2017 · until 26 février 2021

Ended
Emmanuel LEJEUNE

Director · since 09 juin 2017 · until 10 juin 2022

Ended
Guillaume STRUMAN

Director · since 09 juin 2017 · until 10 juin 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
ARSENAL BUILDING● Active
0827.475.425
ASSM ARCHI BAVIERE● Active
0505.903.597
Association des Copropriétaires Résidence Sainte-Marie à Liège rue Sainte-Marie 5● Active
0829.066.819
BAVIERE DEVELOPPEMENT● Active
0501.997.269
Foncière Bonne Fortune● Active
0543.911.365
FONCIERE DE BAVIERE● Active
0848.264.703
FONCIERE DE BAVIERE A● Active
0561.751.942
FONCIERE DE BAVIERE C● Active
0561.746.794
Le Travailleur chez Lui● Active
0402.439.340
NAMUR BOVESSE● Active
0681.407.677
NIVELLES PROPERTY SA● Active
0817.228.562
OGEO FUND● Active
0429.333.876
REGENT BUILDING● Active
0878.224.043
RÉSIDENCE GRAND POSTE● Active
0823.976.693
RN LIEGE● Active
0644.895.887
Service Social des Sociétés de Crédit● Active
0438.330.924
UrBa Liège● Active
0848.116.431
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date23/06/202624/06/202527/06/202404/07/202307/07/202221/07/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202623/06/2026FrenchPDF
Abridged model31/12/202413/06/202524/06/2025FrenchPDF
Abridged model31/12/202314/06/202427/06/2024FrenchPDF
Abridged model31/12/202209/06/202304/07/2023FrenchPDF
Abridged model31/12/202110/06/202207/07/2022FrenchPDF
Abridged model31/12/202011/06/202121/07/2021FrenchPDF
Abridged model31/12/201931/08/202030/09/2020FrenchPDF
Abridged model31/12/201814/06/201905/07/2019FrenchPDF
Abridged model31/12/201708/06/201810/07/2018FrenchPDF
Abridged model31/12/201609/06/201705/07/2017FrenchPDF
Abridged model31/12/201510/06/201627/07/2016FrenchPDF
Abridged model31/12/201412/06/201510/07/2015FrenchPDF
Abridged model31/03/201306/09/201323/09/2013FrenchPDF
Abridged model31/03/201208/06/201227/09/2012FrenchPDF
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 · 2 active · 14 ended

Active mandates

Guillaume STRUMAN

Director · since 10 juin 2022 · until 09 juin 2028

Active
OGEO FUND

Director · since 10 juin 2022 · until 09 juin 2028 · 0429.333.876

Represented by Frank JEUSETTE

Active

Ended mandates

OGEO FUND

Director · since 03 mai 2021 · until 10 juin 2022 · 0429.333.876

Represented by Frank JEUSETTE

Ended
Emmanuel LEJEUNE

Director · since 09 juin 2017 · until 26 février 2021

Ended
Emmanuel LEJEUNE

Director · since 09 juin 2017 · until 10 juin 2022

Ended
Guillaume STRUMAN

Director · since 09 juin 2017 · until 10 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
    PDF
  • Mandates09/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/07/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/12/2015
    CAPITAL, ACTIONS
    PDF
  • Registered office03/04/2014
    SIEGE SOCIAL - ANNEE COMPTABLE
    PDF
  • Mandates23/09/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/10/2010
    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

Timeline

  1. 2025
    Annual accounts 202548 k €↓
  2. 2024
    Annual accounts 2024110,7 k €↑
  3. 2023
    Annual accounts 2023-229,1 k €↓
  4. 2022
    Annual accounts 2022-10,6 k €↑
  5. 2021
    Annual accounts 2021-18,9 k €↓
  6. 2020
    Annual accounts 202012,4 k €↓
  7. 2019
    Annual accounts 201979 k €↑
  8. 2018
    Annual accounts 2018-26,2 k €↑
  9. 2017
    Annual accounts 2017-112,4 k €↓
  10. 2016
    Annual accounts 2016-31,7 k €↑
  11. 2015
    Annual accounts 2015-49,7 k €↓
  12. 2014
    Annual accounts 2014-25,2 k €↓
  13. 2013
    Annual accounts 2013-1,1 k €↑
  14. 2012
    Annual accounts 2012-13,8 k €
  15. 19/10/2010
    IncorporationPublic limited company