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GRIETENS ELEKTRO

Active
Public limited companyfounded 1993active for 32 yearsTiensesteenweg 228, 3001 Leuven, BelgiumKBO/BCE: BE 0451.744.143
Summary

GRIETENS ELEKTRO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €238,738 and a net result of €6,547. Equity has been growing by about 9.3% per year since 2019. Its solvency ranks better than 57% of 372 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 31-12-1993 Normal situation
Activity
Retail sale of electrical household appliances NACE 47540
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 31-03-2026
Establishment units
2.068.293.485 3001 Leuven, since 22-09-1994
2.206.640.231 3080 Tervuren, since 30-10-2010
Financial year end
31 March
Peppol
Reachable

Board and ownership

Last known board

Financial position

69 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts to 31-03-2026
Gross margin
€436,373
▲ 24.4%
Turnover
≈ €2.3m
estimated
Profit
€6,547
Equity
€238,738
▲ 2.8%
Total assets
€560,730
▼ 9.8%
Employees on 31-03-2026
8
=
Filed on 28-10-2026, 3 days before the deadline
Score breakdownraises riskSize: 6.1 FTE, total assets €560,730Sector: Retail trade (NACE 47)Liquidity: current ratio 1.70, cash €11,241, halvedlowers riskFounded in 1993Show the evidence

Checked score

Score 2026
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 42% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2025
Average
Solvency 68+6
equity 42.6% of total assets
Liquidity 26-1
short-term debt 52.5% · cash 2.0%
Profitability 56+45
return on assets 1.2%
Bankruptcy probability within 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 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025highest value 09-2025: 1.1%▼ -0.2 percentage points vs 08-2025 10-2025: 1.3%▲ +0.2 percentage points vs 09-2025 11-2025: 0.7%▼ -0.6 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.7%▼ -0.1 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (1.53 in 2025), above the usual 1.5. Short-term debt is 52.5% and cash 2% of total assets. However, 57.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 57% of them on solvency, 23% on liquidity, 40% on profitability and 47% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: 6.1 FTE, total assets €560,730
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Liquidity: current ratio 1.70, cash €11,241, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
3 days early
2025
10 days early
2024
17 days early
2023
18 days early
2022
24 days early
2021
33 days early
2020
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 14 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2026after a loss of €47,824 in 2025 €6,547 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Resignations & appointmentsChange of role: GRIETENS Kristof, from director to sole director
  2. · Gazette deed Reappointment: Grietens Kristof (director)
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as GRIETENS ELEKTRO: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €497,000 and €915,000, founded between 1991 and 1998.

CompanyTotal assetsGross margin
GRIETENS ELEKTRO Leuven€560,730€436,373
CATRONICS ELEKTRO WILLEMS Grobbendonk€497,230€365,789
FDN Tremelo€835,223€682,801
MAISON DEMEULEMEESTER Ath€601,654€419,511
DEMA - DEMUYNCK ANN Knokke-Heist€732,835€315,709
G. VANWYNSBERGHE Harelbeke€578,592€328,911
ELECTRO SERVICE TIMMERMANS Pajottegem€915,431€473,311
Full comparison

Key facts about GRIETENS ELEKTRO

What is the company number of GRIETENS ELEKTRO?
The company number of GRIETENS ELEKTRO is 0451.744.143. The VAT number is the same number with BE in front: BE 0451.744.143.
Where is GRIETENS ELEKTRO based?
The registered office is at Tiensesteenweg 228, 3001 Leuven.Company details
What does GRIETENS ELEKTRO do?
According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
What is the legal form of GRIETENS ELEKTRO?
The legal form of GRIETENS ELEKTRO is Public limited company (NV).
When was GRIETENS ELEKTRO founded?
GRIETENS ELEKTRO was founded on 31-12-1993.
Is GRIETENS ELEKTRO still active?
Yes, GRIETENS ELEKTRO is an active enterprise in the KBO register.
How many employees does GRIETENS ELEKTRO have?
GRIETENS ELEKTRO had an average of 6.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does GRIETENS ELEKTRO fall under?
In its 31-03-2026 annual accounts, GRIETENS ELEKTRO states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of GRIETENS ELEKTRO?
The turnover in financial year 2026 is ≈ €2.3m. This figure is estimated from the gross margin of €436,373 and 34 comparable companies (NACE 475). It probably lies between €1.6m and €3.5m.
Is GRIETENS ELEKTRO profitable?
In financial year 2026, GRIETENS ELEKTRO made a profit of €6,547.
Where can I find the annual accounts of GRIETENS ELEKTRO?
GRIETENS ELEKTRO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of GRIETENS ELEKTRO due?
GRIETENS ELEKTRO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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