GREENWICH MANAGEMENT
ActiveSummary
GREENWICH MANAGEMENT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €46k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 8% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+70
Solvency17▲+17
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.67 against 0.62 in 2024; short-term debt: 58.9% and cash: 2.9% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.9%
Return on assets
76.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 1904 sector peers (2025).
NBB · sector comparisonPosition among 1904 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
29 d early
2023
40 d early
2022
34 d early
2021
39 d late
2020
15 d early
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-5k▲ 90.6%
2024 · €-51k
2018: €-20k
2019: €-23k
2020: €-22k
2021: €-14k
2022: €-15k
2023: €-20k
2024: €-51k
2018 → 2025
Total assets
€61k▲ 37.5%
2024 · €44k
2018: €146k
2019: €60k
2020: €53k
2021: €73k
2022: €91k
2023: €26k
2024: €44k
2018 → 2025
Net result
€46k
2024 · €-31k
2018: €-23k
2019: €-3k
2020: €1k
2021: €7k
2022: €-641
2023: €-5k
2024: €-31k
2018 → 2025
Working capital
€24k
2024 · €-25k
2018: €-34k
2019: €-31k
2020: €-28k
2021: €-24k
2022: €-19k
2023: €-22k
2024: €-25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€-15k▼ 4.5%€-20k▼ 34.1%€-51k▼ 157%€-5k▲ 90.6%
Operating result€12k-€4k▼ 66.2%€-16€42k€93k▲ 121%
Net result€7k-€-641€-5k▼ 689%€-31k▼ 516%€46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 121% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€1k ▼ 57.4%
Current assets
€60k ▲ 43.6%
Key figures and ratios
EBITDA
€95k▲
2024 · €43k
Cash flow
€48k▲
2024 · €-30k
Solvency
-7.9%▲
2024 · -115.5%
Current ratio
1.67▲
2024 · 0.62
Debt to equity
-7.45▼
2024 · -1.30
ROA
76.1%▲
2024 · -70.4%
Interest coverage
3.04▲
2024 · 0.61
Debt
€36k▼
2024 · €67k
Debt ≤ 1 year
€36k▼
2024 · €67k
Income taxes
€16k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€44k€61k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€42k€60k▲
Amounts receivable within one year40/41€33k€55k▲
Trade receivables40€33k€37k▲
Other amounts receivable41€875€18k▲
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€44k€61k▲
Equity10/15€-51k€-5k▲
Contributions10/11€8k€8k=
Reserves13€2k€2k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€-62k€-15k▲
Provisions and deferred taxes16€29k€30k▲
Provisions for liabilities and charges160/5€29k€30k▲
Other liabilities and charges164/5€29k€30k▲
Amounts payable17/49€67k€36k▼
Amounts payable within one year42/48€67k€36k▼
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€477€619▲
Suppliers440/4€477€619▲
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€10k€6k▼
Other amounts payable47/48€54k€27k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€29k€1k▼
Other operating charges640/8€647€2k▲
Gross operating margin9900€73k€99k▲
Operating profit (loss)9901€42k€93k▲
Financial income75/76B€9€8▼
Recurring financial income75€9€8▼
Financial charges65/66B€71k€31k▼
Recurring financial charges65€71k€31k▼
Profit (loss) for the period before taxes9903€-29k€62k▲
Income taxes67/77€2k€16k▲
Profit (loss) for the period9904€-31k€46k▲
Profit (loss) for the period to be appropriated9905€-31k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-15k▲
Profit (loss) brought forward from the previous period14P€-31k€-62k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Back to profitnet €46k
Net result €46k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.67
Current ratio from 0.62 to 1.67; short-term debt falls from €67k to €36k.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Perwez · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Thorembais 51360 PerwezGround area
1,712 m²
Building footprint
179 m²
Parcel 25060C0027/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
GREENWICH MANAGEMENT
since 20112.198.548.748
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25060C0027/00F000 | Wallonia | 1,712 m² | 1 · 179 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9845006D1B4B9E1A0A05
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
46820Wholesale trade
46841Wholesale trade
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/614848