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GREENWICH ELECTRONICS

Active
Private limited company (pre-2019)founded 1991active for 35 yearsRue de la Chapelle 100, 1340 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0443.215.962
Summary

GREENWICH ELECTRONICS has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€43,072) and a net result of -€898. Equity is shrinking by about 3% per year across the filed financial years. Its solvency ranks better than 11% of 13,582 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Wholesale of electrical equipment, including installation materials
NACE 46643
1 site
Size
€74,453total assets 2025
Equity
-€43,072
Loss
-€898
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
PROCONSULT-INTERNATIONAL · 100%
Accounts filed 118 days late1 of 3 deeds read
Why 54raises riskCapped at 59: negative equityNegative equity -€43,072Latest accounts 118 days late; 1 of the last 3 latelowers riskFounded in 1991Size: total assets €74,453Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -57.9% of total assets
Liquidity 44-2
short-term debt 157.9% · cash 35.3%
Profitability 34+3
return on assets -1.2%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,867 companies, NACE 46, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.4%▼ -0.3 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.2 percentage points vs 10-2025 12-2025: 0.8%▲ +0.1 percentage points vs 11-2025 01-2026: 1.1%▲ +0.3 percentage points vs 12-2025 02-2026: 1.2%▲ +0.1 percentage points vs 01-2026 03-2026: 1.6%▲ +0.4 percentage points vs 02-2026highest value 04-2026: 0.7%▼ -0.9 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.6%▼ -0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.63, compared with 0.64 in 2024; short-term debt: 157.9% and cash: 35.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 6% on solvency, 42% on liquidity, 28% on profitability and 35% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk
lowers risk · Founded in 1991
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Negative equity -€43,072
NBB · annual accounts
lowers risk · Size: total assets €74,453
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 118 days late; 1 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€43,072
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-02-2026, 118 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
118 days late
2024
on the day
2023
on the day
2022
3 days early
2021
2 days early
2020
6 days late
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end09-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: DEVIAENE Thérèse Marie Rita Ghislaine…Power of attorney
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€43,072 View
  • Risk: 5 loss-making years in a rowloss financial year 2025 -€898 View
  • Caution: Among the weakest 10% on equitysector median €57,092 · 13,616 companies -€43,072 View
  • Caution: Latest accounts filed lateafter the legal deadline 118 days View
  • Controlled by PROCONSULT-INTERNATIONAL 100% View
  • New directorlatest change 30-01-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€74,453
Loss
-€898
Solvency
-57.9%
Total assets▼ 1.6%
Net result
20192025
Go to Financials

Board & ownership

Board
1 member
Parent
PROCONSULT-INTERNATIONAL · 100%
  • DEVIAENE Thérèse Marie Rita GhislaineDirector
Go to Board & ownership

Timeline

Events
36
Since
1993
Next accounts
by 31-10-2026
  1. 31-10-2023Annual accounts filed
  2. 28-10-2022Annual accounts filed
  3. 29-10-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Wholesale of electrical equipment, including installation materialsNACE 46643
Founded
28-02-1991
Year ends
31-03
Peppol
Not found in the Peppol directory
Go to Company details

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