ACTIVE

GREENBOW

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Financial year 2025 · closed on 30/09/2025

Net result

169,4 k €

-6.2% YoY

Gross margin

429,1 k €

-12.1% YoY

Equity

682,3 k €

+33.0% YoY

Workforce

1,2 ETP

+9.1% YoY

What does GREENBOW do?

GREENBOW is a Private limited company incorporated in 2003. Its main activity is: Installation of industrial machinery and equipment. Its registered office is in Roeselare. It employs on average 1,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.393.166

Incorporation

27/06/2003

Legal form

Private limited company

Registered office

Diksmuidsesteenweg 394
8800 Roeselare · FlandreSee on map

Contributed capital

24 000,00 €

Latest accounts

30/09/2025

Average workforce

1,2 ETP

Activities (NACE)

33200Installation of industrial machinery and equipment· main 33200Installation of industrial machinery and equipment 45340Sale of motor vehicle parts and accessories 47761Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores 47761Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores 43222Plumbing, heat and air-conditioning installation+14

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	429,1 k €	-12.1%	488,4 k €	+219%	153 k €	+83.2%	83,5 k €	+64.8%	50,7 k €	-6.9%	54,4 k €	+1.7%	53,5 k €	+38.2%	38,7 k €	-30.3%	55,6 k €	+52.2%	36,5 k €	-37.1%	58 k €	+98.8%	29,2 k €	+2.5%	28,5 k €	-12.2%	32,4 k €	+24.8%	26 k €	-40.0%	43,3 k €	+209%	14 k €	+6.0%	13,2 k €	-21.7%	16,9 k €
EBITDA	356,8 k €	-5.6%	377,8 k €	+263%	104,2 k €	+28.4%	81,2 k €	+64.9%	49,2 k €	-7.5%	53,2 k €	+1.6%	52,3 k €	+39.6%	37,5 k €	-30.5%	53,9 k €	+53.4%	35,2 k €	-38.1%	56,8 k €	+104%	27,8 k €	+1.1%	27,5 k €	-13.0%	31,6 k €	+26.6%	25 k €	-39.8%	41,5 k €	+214%	13,2 k €	+8.6%	12,2 k €	-24.3%	16 k €
Operating result	270,5 k €	+2.0%	265,1 k €	+177%	95,8 k €	+50.5%	63,7 k €	+101%	31,7 k €	-11.7%	35,9 k €	+2.0%	35,2 k €	+68.6%	20,9 k €	-45.6%	38,3 k €	+24.2%	30,8 k €	-38.0%	49,7 k €	+441%	9,2 k €	+30.7%	7 k €	-42.5%	12,2 k €	+93.0%	6,3 k €	-78.3%	29,2 k €	+160%	11,2 k €	+6.8%	10,5 k €	-9.3%	11,6 k €
Net result	169,4 k €	-6.2%	180,7 k €	+191%	62 k €	+56.4%	39,7 k €	+67.1%	23,7 k €	+18.9%	20 k €	+6.3%	18,8 k €	+17.1%	16 k €	-53.9%	34,8 k €	+95.5%	17,8 k €	-50.1%	35,6 k €	+344%	8 k €	+54.9%	5,2 k €	-43.6%	9,2 k €	+73.5%	5,3 k €	-82.2%	29,8 k €	+239%	8,8 k €	+12.4%	7,8 k €	-15.1%	9,2 k €
Balance sheet
Equity	682,3 k €	+33.0%	512,9 k €	+54.4%	332,1 k €	+23.0%	270,1 k €	+17.2%	230,5 k €	+11.5%	206,7 k €	+10.7%	186,8 k €	+11.2%	168 k €	-10.1%	187 k €	+19.0%	157,2 k €	+8.9%	144,4 k €	+26.9%	113,7 k €	+2.7%	110,7 k €	+4.9%	105,5 k €	+9.5%	96,3 k €	+5.8%	91 k €	+27.8%	71,3 k €	+14.0%	62,5 k €	+14.3%	54,7 k €
Total assets	2,3 M €	+34.6%	1,7 M €	+344%	389 k €	-22.5%	502 k €	+13.1%	443,9 k €	+1.8%	435,9 k €	-1.4%	442,2 k €	+4.9%	421,6 k €	-3.1%	434,9 k €	+47.5%	294,8 k €	+56.2%	188,8 k €	+29.7%	145,5 k €	+9.6%	132,8 k €	-4.9%	139,6 k €	-8.8%	153,1 k €	-4.1%	159,7 k €	+34.7%	118,5 k €	+20.3%	98,6 k €	+6.8%	92,2 k €
Cash	87,2 k €	-1.0%	88,1 k €	-70.8%	301,3 k €	+89.5%	159 k €	+96.9%	80,8 k €	-16.1%	96,3 k €	+51.5%	63,5 k €	-7.8%	68,9 k €	-7.7%	74,7 k €	+51.1%	49,4 k €	+280%	13 k €	+26.7%	10,3 k €	-29.9%	14,7 k €	-69.7%	48,4 k €	+1744%	2,6 k €	-83.8%	16,2 k €	+50.1%	10,8 k €	-55.3%	24,1 k €	+7.9%	22,3 k €
Debts	1,6 M €	+35.2%	1,2 M €	+2034%	56,8 k €	-75.5%	231,8 k €	+8.6%	213,4 k €	-6.9%	229,2 k €	-10.3%	255,4 k €	+0.7%	253,6 k €	+2.3%	247,9 k €	+80.1%	137,7 k €	+210%	44,4 k €	+39.7%	31,8 k €	+43.9%	22,1 k €	-35.3%	34,1 k €	-39.9%	56,8 k €	-17.4%	68,7 k €	+45.3%	47,3 k €	+31.2%	36 k €	-4.1%	37,6 k €
Other
Workforce	1,2 ETP	+9.1%	1,1 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Depivan

Director · since 23 décembre 2022 · 0792.827.520

Represented by Ivan Deprez

Active

Vandevelde Jarne

Director · since 23 décembre 2022 · 0768.837.539

Represented by Jarne Vandevelde

Active

Ended mandates

HERMAN GOETVINCK

Director

Ended

HERMAN GOETVINCK

Manager

Ended

HERMAN GOETVNCK

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	21 months	12 months	12 months	12 months	12 months
Filing date	24/12/2025	14/02/2025	22/12/2023	04/07/2022	25/06/2021	01/07/2020
General meeting	23/12/2025	12/02/2025	30/06/2023	30/06/2022	24/06/2021	25/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	23/12/2025	24/12/2025	Dutch	PDF
Abridged model	30/09/2024	12/02/2025	14/02/2025	Dutch	PDF
Micro model	31/12/2022	30/06/2023	22/12/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	04/07/2022	Dutch	PDF
Micro model	31/12/2020	24/06/2021	25/06/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	01/07/2020	Dutch	PDF
Micro model	31/12/2018	27/06/2019	03/07/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	04/07/2018	Dutch	PDF
Micro model	31/12/2016	29/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 ended

Active mandates

Depivan

Director · since 23 décembre 2022 · 0792.827.520

Represented by Ivan Deprez

Active

Vandevelde Jarne

Director · since 23 décembre 2022 · 0768.837.539

Represented by Jarne Vandevelde

Active

Ended mandates

HERMAN GOETVINCK

Director

Ended

HERMAN GOETVINCK

Manager

Ended

HERMAN GOETVNCK

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/03/2024
MAATSCHAPPELIJKE ZETEL
PDF
Registered office01/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates23/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other10/03/2016
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/05/2012
KAPITAAL - AANDELEN
PDF
Registered office29/10/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other03/09/2003
DIVERS
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 2025169,4 k €↓
2024
Annual accounts 2024180,7 k €↑
2024
Name changeGREENBOW
2022
Annual accounts 202262 k €↑
2021
Annual accounts 202139,7 k €↑
2021
Name changeGOETVINCK
2020
Annual accounts 202023,7 k €↑
2019
Annual accounts 201920 k €↑
2018
Annual accounts 201818,8 k €↑
2017
Annual accounts 201716 k €↓
2016
Annual accounts 201634,8 k €↑
2015
Annual accounts 201517,8 k €↓
2014
Annual accounts 201435,6 k €↑
2013
Annual accounts 20138 k €↑
2012
Annual accounts 20125,2 k €↓
2011
Annual accounts 20119,2 k €↑
2010
Annual accounts 20105,3 k €↓
2009
Annual accounts 200929,8 k €↑
2008
Annual accounts 20088,8 k €↑
2007
Annual accounts 20077,8 k €↓
2006
Annual accounts 20069,2 k €
27/06/2003
IncorporationPrivate 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

GREENBOW

Overview

What does GREENBOW do?

Trend over 19 financial years

Indicative valuation

Board of directors

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