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MAISON DE GREEF

Active
Public limited companyfounded 1934active for 92 yearsBoterstraat 24, 1000 Brussel, BelgiumKBO/BCE: BE 0400.613.562
Summary

MAISON DE GREEF has been active since 1934 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.6m and a net result of €1.1m. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 83% of 4,937 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail sale of watches and jewellery
NACE 47770
7th oldest company in the Brussels-Capital Region, Retail trade sector2 sites
Size
€13.1mturnover 2025
Staff
8.5 FTE
Equity
€7.6m
Profit
€1.1m
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
BEAUTIFUL SOUTH · 100%
Holdings
1
Accounts on time4 of 15 deeds read
Why 97lowers riskLiquidity: current ratio 5.43, cash €2.0mFounded in 1934Equity €7.6m (71.3% of total assets)Size: turnover €13.1m, 8.5 FTE, total assets €10.7mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 96+3
equity 71.3% of total assets
Liquidity 71+1
short-term debt 14.5% · cash 18.8%
Profitability 81-5
return on assets 10.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,196 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1%highest value 12-2024: < 0.1%▼ -0.1 percentage points vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: < 0.1%▼ -0.1 percentage points vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.43, compared with 4.84 in 2024, above the usual 1.5; short-term debt: 14.5% and cash: 18.8% of total assets), and 28.7% of the assets are financed with debt and provisions.
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 47, micro): better than 82% on solvency, 77% on liquidity, 74% on profitability and 57% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.43, cash €2.0m
NBB · annual accounts
lowers risk · Founded in 1934
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €7.6m (71.3% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €13.1m, 8.5 FTE, total assets €10.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
on the day
2022
51 days late
2021
32 days late
2020
104 days late
2019
39 days late
← 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 32 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end15-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & shares · RestructuringDeclaration · Power of attorney…
  2. RestructuringMerger · Shareholding · Proposal
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Among the best 6% on net resultsector median €40,683 · 4,937 companies €1.1m View
  • Controlled by BEAUTIFUL SOUTHthe company in turn controls 1 companies 100% View
  • Branch transferred to BEAUTIFUL SOUTHcontribution on 22-06-2026 2026 View
  • Active since 1934founded 09-05-1934 92 years View
  • Positive: 7 profitable years in a rowprofit 2025: €1.1m 7 years View

By topic

Financials

Financial year
2025
Turnover
€13.1m
Profit
€1.1m
Solvency
71.3%
Turnover▲ 7.9%
Net result
20192025
Go to Financials

Timeline

Events
54
Since
1978
Next accounts
by 31-10-2026
  1. 16-09-2025Capital & shares · Purpose · Restructuring
  2. 28-04-2025Restructuring
  3. 30-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail sale of watches and jewelleryNACE 47770
Founded
09-05-1934
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
“De handel, het maken en herstellen van alle juwelen, goudsmeedartikelen, uurwerken, edele…” (deed in Dutch)
Go to Articles of association

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