Financials
- Financial year
- 2025
- Total assets
- €2,297
- Loss
- -€2,559
- Solvency
- -2.6%
Paul Grimshaw
ActiveSummary
Paul Grimshaw has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€59) and a net result of -€2,559. Its solvency ranks better than 9% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Computer programming
NACE 62100
1 site
Size
€2,297total assets 2025
- Equity
- -€59
- Loss
- -€2,559
Turnover not published (micro format)
Why 53raises riskCapped at 59: negative equityNegative equity -€59Loss of €2,559 (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €2,297Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 62, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency
22
equity -2.6% of total assets
Liquidity
50
short-term debt 102.6% · cash 80.3%
Profitability
0
return on assets -111.4%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 0.4%
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026highest value
10-2026: 0.2%▼ -0.2 percentage points vs 09-2026lowest value
No credit on open account
balance sheet total too small for a liquidity verdict, 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 62, micro): better than 8% on solvency, 27% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 23-10-2026 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
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
70 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: GRIMSHAW Paul Kenneth (director)…
Key points
By topic
Board & ownership
- Board
- 1 member
- GRIMSHAW Paul KennethDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 16-05-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 14
- Who signs
- Each director alone
- Annual meeting
- 15 April at 19:00
Key facts about Paul Grimshaw
- What is the company number of Paul Grimshaw?
- 1023.422.551. In Belgium the VAT number is the company number with BE in front: BE 1023.422.551.
- Where is Paul Grimshaw based?
- The registered office is at Driesdreef 25, 9030 Gent.Company details
- What does Paul Grimshaw do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Paul Grimshaw?
- Private limited company (BV).
- When was Paul Grimshaw founded?
- On 16-05-2025.
- Is Paul Grimshaw still active?
- Yes, Paul Grimshaw is an active enterprise in the KBO register.
- What is the turnover of Paul Grimshaw?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Paul Grimshaw profitable?
- In financial year 2025, Paul Grimshaw made a loss of €2,559.
- Where can I find the annual accounts of Paul Grimshaw?
- Paul Grimshaw filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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