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GROENVYNCK KENNY

Active
Private limited companyfounded 2011active for 15 yearsEigen-Haardstraat 6, 8400 Oostende, BelgiumKBO/BCE: BE 0836.070.417
Summary

The computed 12-month bankruptcy probability of GROENVYNCK KENNY is 4.4% (elevated). The 2024 annual accounts show equity of €6,079 and a net result of €2,088, of which €8,630 non-recurring income. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 15% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 04-05-2011 Normal situation
Activity
General electrical installation work NACE 43211and 5 others
Establishment unit
2.198.991.681 8400 Oostende, since 04-05-2011
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Financial position

38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.4%
Annual accounts 2024
Gross margin
€9,029
▼ 64.6%
Turnover
≈ €75,000
estimated
Profit
€2,088
▼ 85.9%
Equity
€6,079
▲ 52.3%
Total assets
€51,434
▲ 20.8%
Staff
≈ 0 FTE
estimated
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 01-10-2025)Liquidity: current ratio 1.161 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 2 of the last 3 accounts latelowers riskSize: total assets €51,434Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 33% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 37+3
equity 11.8% of total assets
Liquidity 23+11
short-term debt 71.3%
Profitability 45-55
return on assets 4.1%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.4% 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.3%▼ -0.1 percentage points vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025lowest value 07-2025: 2.5%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%▲ +0.8 percentage points vs 07-2025 09-2025: 3.7%▲ +0.4 percentage points vs 08-2025 10-2025: 4.4%▲ +0.7 percentage points vs 09-2025 11-2025: 2.6%▼ -1.8 percentage points vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 2.5%▼ -0.1 percentage points vs 04-2026 06-2026: 2.5%● unchanged vs 05-2026 07-2026: 2.4%▼ -0.1 percentage points vs 06-2026 08-2026: 3.3%▲ +0.9 percentage points vs 07-2026 09-2026: 3.7%▲ +0.4 percentage points vs 08-2026 10-2026: 4.4%▲ +0.7 percentage points vs 09-2026highest value 11-2026: 4.4%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.16 (0.89 in 2023), below the usual 1.5. Short-term debt is 71.3% of total assets. 88.2% 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 43, micro). It does better than 15% of them on solvency, 13% on liquidity, 22% on profitability and 84% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 01-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.16
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €51,434
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 35969 sector peers (2024).
NBB · sector comparison
Position among 35969 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 60 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
60 days late
2023
47 days late
2022
42 days early
2021
31 days late
2020
390 days late
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 92 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 86% of companies in specialised constructionsector median €58,292 · 35,986 companies €6,079 View

Recent changes

  1. · Gazette deed Appointment: Nina Van Branteghem (director)
  2. · Gazette deed Change of role: GROENVYNCK Kenny Eliane Rudy, from manager to director
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as GROENVYNCK KENNY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €44,800 and €66,800, founded between 2008 and 2012.

CompanyTotal assetsGross margin
GROENVYNCK KENNY Oostende€51,434€9,029
EVRD Aywaille€54,357€9,909
SECURI-COM Heist-op-den-Berg€50,785€10,257
NSC CONSULTING Kapellen€50,615€8,495
CMT Bree€49,135€11,672
VANWYNSBERGHE Kristof Brugge€66,820€11,763
ANTOINE JONGBLOET Brugge€44,783€5,392
Full comparison

Key facts about GROENVYNCK KENNY

What is the company number of GROENVYNCK KENNY?
The company number of GROENVYNCK KENNY is 0836.070.417. The VAT number is the same number with BE in front: BE 0836.070.417.
Where is GROENVYNCK KENNY based?
The registered office is at Eigen-Haardstraat 6, 8400 Oostende.Company details
What does GROENVYNCK KENNY do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of GROENVYNCK KENNY?
The legal form of GROENVYNCK KENNY is Private limited company (BV).
When was GROENVYNCK KENNY founded?
GROENVYNCK KENNY was founded on 04-05-2011.
Is GROENVYNCK KENNY still active?
Yes, GROENVYNCK KENNY is an active enterprise in the KBO register.
What is the turnover of GROENVYNCK KENNY?
The turnover in financial year 2024 is ≈ €75,000. This figure is estimated from the gross margin of €9,029 and 97 comparable companies (NACE 43211). It probably lies between €49,000 and €160,000. It is a rough estimate.Financials
Is GROENVYNCK KENNY profitable?
In financial year 2024, GROENVYNCK KENNY made a profit of €2,088.
Where can I find the annual accounts of GROENVYNCK KENNY?
GROENVYNCK KENNY filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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