ACTIVE

GREEN MASTERS

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Financial year 2025 · closed on 31/12/2025

Net result

172,6 k €

+183.2% YoY

Revenue

2,4 M €

+21.7% YoY

Equity

-292,7 k €

+37.1% YoY

Workforce

26,3 ETP

0.0% YoY

What does GREEN MASTERS do?

GREEN MASTERS is a Public limited company incorporated in 2010. Its main activity is: Landscape service activities. Its registered office is in Antwerpen. It employs on average 26,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.152.607

Incorporation

20/12/2010

Legal form

Public limited company

Registered office

Oostkaai 9-12A
2170 Antwerpen · FlandreSee on map

Contributed capital

150 000,00 €

Latest accounts

31/12/2025

Average workforce

26,3 ETP

Activities (NACE)

81300Landscape service activities· main 81300Landscape service activities

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	2,4 M €	+21.7%	2,0 M €		–		–		–		–		–		–		–		–		1,0 M €	-10.8%	1,2 M €	-13.9%	1,4 M €	+26.9%	1,1 M €	+8.8%	990,4 k €
EBITDA	334,4 k €	+639%	-62,0 k €	+58.3%	-148,7 k €	-37.5%	-108,2 k €	-162%	173,3 k €	-48.8%	338,2 k €	+77.0%	191,1 k €	+109%	91,2 k €	-56.6%	210,0 k €	+22.1%	172,0 k €	+5.2%	163,4 k €	+71.7%	95,2 k €	+41.7%	67,2 k €	-16.7%	80,6 k €	-56.4%	184,7 k €
Operating result	225,4 k €	+217%	-192,1 k €	+27.7%	-265,5 k €	-25.9%	-210,9 k €	-653%	38,1 k €	-81.8%	210,0 k €	+201%	69,7 k €	+320%	-31,6 k €	-134%	92,2 k €	+13.3%	81,4 k €	-19.4%	101,0 k €	+754%	11,8 k €	+203%	-11,5 k €	-174%	15,6 k €	-89.4%	148,2 k €
Net result	172,6 k €	+183%	-207,4 k €	+25.2%	-277,4 k €	-24.0%	-223,7 k €	-1095%	22,5 k €	-85.0%	150,0 k €	+191%	51,5 k €	+252%	-33,9 k €	-177%	44,0 k €	-15.2%	51,8 k €	-16.7%	62,3 k €	+930%	6,0 k €	+137%	-16,3 k €	-592%	3,3 k €	-96.4%	92,6 k €
Balance sheet
Equity	-292,7 k €	+37.1%	-465,3 k €	-80.5%	-257,8 k €	-1414%	19,6 k €	-91.9%	243,3 k €	+1.9%	238,8 k €	+14.3%	208,9 k €	+32.7%	157,3 k €	-17.7%	191,2 k €	+1.8%	187,8 k €	+13.2%	165,9 k €	+11.6%	148,7 k €	+4.2%	142,6 k €	-10.3%	159,0 k €	+2.1%	155,6 k €
Total assets	491,5 k €	-33.9%	744,0 k €	-12.8%	853,1 k €	+44.9%	588,7 k €	-32.6%	874,1 k €	-5.4%	924,4 k €	+23.7%	747,6 k €	+15.8%	645,3 k €	-20.3%	809,6 k €	+5.8%	765,6 k €	+61.6%	473,8 k €	-1.8%	482,6 k €	-22.7%	624,5 k €	+4.2%	599,3 k €	+17.0%	512,2 k €
Cash	1,4 k €	-19.5%	1,7 k €	-1.3%	1,8 k €	-13.5%	2,0 k €	+195%	691,7 €	-60.0%	1,7 k €	+18.4%	1,5 k €	-7.3%	1,6 k €	+12.0%	1,4 k €	-99.0%	135,9 k €	-23.7%	178,0 k €	+84.7%	96,4 k €	+316%	23,2 k €	-77.3%	101,8 k €	+62.1%	62,8 k €
Debts	781,8 k €	-34.7%	1,2 M €	+8.3%	1,1 M €	+96.6%	561,8 k €	-10.3%	626,4 k €	-8.0%	680,7 k €	+26.9%	536,6 k €	+10.4%	486,3 k €	-20.0%	607,9 k €	+6.5%	570,6 k €	+90.1%	300,2 k €	-8.6%	328,4 k €	-29.9%	468,4 k €	+6.7%	438,9 k €	+23.6%	355,2 k €
Other
Workforce	26,3 ETP	0.0%	26,3 ETP	+8.2%	24,3 ETP	+8.0%	22,5 ETP	-14.4%	26,3 ETP	-1.1%	26,6 ETP	+30.4%	20,4 ETP	-0.5%	20,5 ETP	-0.5%	20,6 ETP	+7.9%	19,1 ETP	+0.5%	19,0 ETP	+2.2%	18,6 ETP	+12.0%	16,6 ETP	+8.5%	15,3 ETP	+28.6%	11,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

MM HOLDING

Managing director · since 30 mars 2021 · until 15 juin 2026 · 0554.742.901

Represented by Nicolas De Schutter

Active

PAELINCK PHILIP

Managing director · since 30 mars 2021 · until 15 juin 2026 · 0536.664.772

Represented by Philip Paelinck

Active

Ended mandates

MM HOLDING

Managing director · since 30 mars 2021 · until 05 juin 2026 · 0554.742.901

Represented by Nicolas De Schutter

Ended

PAELINCK PHILIP

Managing director · since 30 mars 2021 · until 05 juin 2026 · 0536.664.772

Represented by Philip Paelinck

Ended

MM HOLDING

Manager · since 05 juin 2015 · 0554.742.901

Represented by Nicolas De Schutter

Ended

PAELINCK PHILIP

Manager · since 22 août 2013 · 0536.664.772

Represented by Philip Paelinck

Ended

At this address

Other companies at this address

Company	CBE no.
CLEANING MASTERS● Active	0435.474.471
MM HOLDING● Active	0554.742.901
MOBILITY MASTERS● Active	0506.704.640
SAMBAT 1● Active	0737.726.471
SAMBAT 2● Active	0738.729.036
SAMBAT 3● Active	0749.767.735
SECURITY MASTERS● Active	0892.819.672
Techni Masters● Active	0848.117.718

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Abridged 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	07/07/2026	30/06/2025	11/07/2024	30/06/2023	14/08/2022	22/07/2021
General meeting	15/06/2026	27/06/2025	28/06/2024	30/06/2023	22/06/2022	04/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	07/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	22/06/2022	14/08/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	22/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	22/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	10/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	15/07/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	10/07/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	23/07/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	13/07/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 15 ended

Active mandates

MM HOLDING

Managing director · since 30 mars 2021 · until 15 juin 2026 · 0554.742.901

Represented by Nicolas De Schutter

Active

PAELINCK PHILIP

Managing director · since 30 mars 2021 · until 15 juin 2026 · 0536.664.772

Represented by Philip Paelinck

Active

Ended mandates

MM HOLDING

Managing director · since 30 mars 2021 · until 05 juin 2026 · 0554.742.901

Represented by Nicolas De Schutter

Ended

PAELINCK PHILIP

Managing director · since 30 mars 2021 · until 05 juin 2026 · 0536.664.772

Represented by Philip Paelinck

Ended

MM HOLDING

Manager · since 05 juin 2015 · 0554.742.901

Represented by Nicolas De Schutter

Ended

PAELINCK PHILIP

Manager · since 22 août 2013 · 0536.664.772

Represented by Philip Paelinck

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office26/08/2026
ZETEL
PDF
Mandates02/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2021
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates11/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/09/2015
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

2025
Annual accounts 2025172,6 k €↑
2024
Annual accounts 2024-207,4 k €↑
2023
Annual accounts 2023-277,4 k €↓
2022
Annual accounts 2022-223,7 k €↓
2021
Annual accounts 202122,5 k €↓
2020
Annual accounts 2020150,0 k €↑
2019
Annual accounts 201951,5 k €↑
2018
Annual accounts 2018-33,9 k €↓
2017
Annual accounts 201744,0 k €↓
2016
Annual accounts 201651,8 k €↓
2015
Annual accounts 201562,3 k €↑
2014
Annual accounts 20146,0 k €↑
2013
Annual accounts 2013-16,3 k €↓
2012
Annual accounts 20123,3 k €↓
2011
Annual accounts 201192,6 k €
20/12/2010
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

GREEN MASTERS

Overview

What does GREEN MASTERS do?

Trend over 15 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