Too few figures to scoreTurnover not published (micro format)
Bankruptcy probability
No current score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: High
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
13.5% High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 22.9%01-2025: ≥ 25%▲ +11.3 percentage points vs 12-202402-2025: ≥ 25%● unchanged vs 01-202503-2025: ≥ 25%● unchanged vs 02-202504-2025: ≥ 25%● unchanged vs 03-202505-2025: ≥ 25%● unchanged vs 04-202506-2025: ≥ 25%● unchanged vs 05-202507-2025: ≥ 25%● unchanged vs 06-202508-2025: ≥ 25%● unchanged vs 07-2025highest value09-2025: ≥ 25%● unchanged vs 08-202510-2025: ≥ 25%● unchanged vs 09-202511-2025: ≥ 25%● unchanged vs 10-202512-2025: 21.8%▼ -11.2 percentage points vs 11-202501-2026: 21.8%● unchanged vs 12-202502-2026: 21.8%● unchanged vs 01-202603-2026: 21.6%▼ -0.2 percentage points vs 02-202604-2026: 21.6%● unchanged vs 03-202605-2026: 22.7%▲ +1.1 percentage points vs 04-202606-2026: 23.5%▲ +0.8 percentage points vs 05-202607-2026: 21.8%▼ -1.7 percentage points vs 06-202608-2026: 13.5%▼ -8.3 percentage points vs 07-2026lowest value09-2026: 13.5%● unchanged vs 08-2026lowest value10-2026: 13.5%● unchanged vs 09-2026lowest value11-2026: 13.5%● unchanged vs 10-2026lowest value
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The company filed its last 2 accounts on average 14 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
Registered office moved from Brussels to Uccle
Transfer of 25 shares from RAO KATPADI Raghavendra to Kreanove · Transfer of 25 shares from NAGAMANGALA RANGANATH Roopa to Kreanove · Transfer of 25 shares from BHADRAVATHI KANTHARAJ Shireesh to Kreanove · General meeting of 26-11-2024 · Gazette deed
Registered office moved from Ixelles to Saint-Gilles
New registered office: rue Faider n° 7, 1060 Saint-Gilles · Previous registered office: Rue de Tenbosch 85 bte 49, 1050 Ixelles · Board meeting of 27-10-2023 · Gazette deed
“L’achat,la vente,l’importation,l’exportation,l’initiation,la formation,la mise à la disposition,de tous services se rapportant à l’informatique et…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
The computed 12-month bankruptcy probability of Glentzes Tech is 13.5% (high). The 2025 annual accounts show negative equity (-€145).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.
micro format, filed on 31-07-2026, on the day of the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
-
-845
-
-845
-
2,300
-145
-145
The ratios are withheld because a balance sheet total of €370 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Intangible fixed assets
-
€2,300
-
€2,300
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Glentzes Tech
The operating result for 2024 is a loss of €3,145. 2024 is the only financial year with this figure.
Equity is negative. Debt (€515) exceeds the balance-sheet total (€370).
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Refus d'agrément d'une cession entre vifs, opposition devant Président du Tribunal des Entreprises du siège siégeant comme en référé”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
3 other companies of this director went bankrupt (2023, 2026), 3 were judicially dissolved (2024, 2025) and 4 were struck off by the FPS Economy (2024, 2025, 2026).
FTI GROUPbankruptcy according to the KBO registermandate 2020 to 2021
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
Glentzes Tech has no parent and no holdings in its annual accounts. KREANOVE is the only director.
At the same address
At the same address
These companies are registered at the seat of Glentzes Tech today. That says who is based there, not who owns the building.
Annual accounts 2025 filedNBB ↗micro format · on the deadline day
2025
Annual accounts 2024 filedPDFmicro format · 28 days late
2024
Registered office moved from Brussels to UccleTransfer of 25 shares from RAO KATPADI Raghavendra to Kreanove · Transfer of 25 shares from NAGAMANGALA RANGANATH Roopa to Kreanove · Transfer of 25 shares from BHADRAVATHI KANTHARAJ Shireesh to Kreanove · General meeting of 26-11-202414 points ▸
Registered office moved from Ixelles to Saint-GillesNew registered office: rue Faider n° 7, 1060 Saint-Gilles · Previous registered office: Rue de Tenbosch 85 bte 49, 1050 Ixelles · Board meeting of 27-10-20232 points ▸
Board meeting, 27-10-2023
Registered-office move, rue Faider n° 7, 1060 Saint-Gilles
IncorporationFounding capital of €3,000, 100 shares · Founders: RAO KATPADI, Raghavendra; BHADRAVATHI KANTHARAJ, Shireesh; GINEGOWDA, Radhakrishna; and 1 other · Appointments: RAO KATPADI, Raghavendra (director) and GINEGOWDA, Radhakrishna (director) · published on 12-09-20239 points ▸
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 8 September 2023, Glentzes Tech was incorporated as a private limited company by four natural persons, with a starting capital of €3,000.12The registered office moved to Saint-Gilles in 2023 and to Uccle in 2024.34KREANOVE has served as director since 2024.5
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’achat,la vente,l’importation,l’exportation,l’initiation,la formation,la mise à la disposition,de tous services se rapportant à…”
7 activities
L’achat,la vente,l’importation,l’exportation,l’initiation,la formation,la mise à la disposition,de tous services se rapportant à l’informatique et les moyens de télécommunication par réseaux,l’ouverture de sites et la diffusion d’informations sur ces réseaux et notamment l’accès du réseau internet
L’achat,la vente,l’importation,l’exportation,la location et la mise à disposition de matériel,de services,l’assistance et le conseil dans les domaines de l’informatique et des réseaux de collecte et de transmission d’informations
La mise à disposition de consultants en informatique
Toutes opérations se rapportant directement ou non à la recherche,à l’exploitation,au développement,à la commercialisation des applications de procédés informatiques,concernant l’étude de tous problèmes relatifs aux systèmes de gestion,d’organisation et d’application d’automatismes et de la domotique,à la vente,l’achat,la location,la mise à disposition,l’importation,l’exportation,l’exploitation,la maintenance de tous systèmes matériels,logiciels,équipements et accessoires en relation avec les activités énoncées ci-avant
Toutes opérations se rapportant directement ou indirectement à la consultance,la formation informatique,ainsi qu’au développement à la création de nouveau produits ou procédés dans l’activité du multimédia et télécommunication,au commerce d’importation et d’exportation de tous biens,marchandises ou services et à l’activité d’intermédiaire commercial dans les secteurs d’activités de publicité,de sponsoring,d’organisation et participations d’évènements culturels,sportifs ou autres
Aux activités d’un bureau d’études,d’organisation et de conseil en matière informatique,bureautique et téléphonie
L’organisation de cycles de cours,de conférences,de séminaires,de stages et autres manifestations dans tous les domaines concernés par les activités énoncées ci-avant
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