Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GREENWICH PROPERTIES from Ukkel, company number BE0459303413, closed financial year 2024 with a result of € -251,788 after tax. For that financial year GREENWICH PROPERTIES recorded a gross margin of € -80,162 and equity of € -2.8 million. Compared with financial year 2023, the result moved from € 263,677 to € -251,788. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 4, 2025.
€ -2.8 million
▼ € 251,788 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -251,788
▼ still € 263,677 profit in 2023
Profit after tax over the fiscal year.
€ 84
▼ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
People and assets in 2024
€ 21,954
▼ 16% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 486,618
▲ € 427,107 vs 2023
€ 15,931 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 88,388
▲ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,136
▼ 4% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 430,100 | € 4,773,000 | - | |
| Gross margin | € 685,116 | € 150,364 | € 483,861 | € -80,162 | ▼ € 564,022 |
| Profit after taxes | € -81,259 | € -233,620 | € 263,677 | € -251,788 | ▼ € 515,465 |
| Equity | € -2,584,193 | € -2,817,813 | € -2,554,136 | € -2,805,924 | ▼ € 251,788 |
| Total debts | € 4,295,841 | € 4,359,450 | € 3,180,123 | € 4,368,418 | ▲ 37% |
| Cash | € 1,344 | € 4,990 | € 5,429 | € 84 | ▼ 98% |
| Retained profit | € -2,657,785 | € -2,891,405 | € -2,627,728 | € -2,879,516 | ▼ € 251,788 |
| Bank debt | € 562,714 | € 958,282 | € 59,511 | € 486,618 | ▲ € 427,107 |
| Balance sheet total | € 1,711,648 | € 1,541,637 | € 625,987 | € 1,562,495 | ▲ 150% |
| Employees (FTE) | 6.6 | 3.9 | 0 | - |
Key figures of GREENWICH PROPERTIES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GREENWICH PROPERTIES?
What happened at GREENWICH PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Paul De Coster stepped down as director. NBB
- Levan De Coster stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 251,788 (▼ € 515,465 vs 2023). filed late Source: NBB ↗
- Jean-Paul De Coster became a director. NBB
- Levan De Coster became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,259 loss in 2021 to € 251,788 loss in 2024.
Paid € 11,722 in corporate taxes since 2021.
Best year ever: 2023, with € 263,677 profit.
On average € 38,600 of value added per employee in 2022.
Management
The stake of D.C. GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREENWICH PROPERTIESThe shares are held by D.C. GROUP (48.9%).
Directors
According to the 2024 annual accounts
Jean-Paul De Coster
Managing director
Owns 48.9% via D.C. GROUP
Also active at: ALL PAP LAMOT, LDC PROPERTIES, T.V.B., SOCIETE IMMOBILIERE POUTROISE, GIMOFI, DEXIN, Bobru, BUYIMMO +9 more
since 2020 · until 2026
Levan De Coster
Director
Owns 0% via D.C. GROUP
Also active at: ALL PAP LAMOT, LDC PROPERTIES, T.V.B., REMA 5, GIMOFI, DEXIN, EXCEL REAL ESTATE, BLUEBERRY ESTATE +2 more
since 2020 · until 2026
Shareholders
D.C. GROUP · holding of Levan De Coster
48.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hamstraat 2
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →T.V.B. same network
€ 6.1 million gross margin · 2025
GIMOFI same network
€ 122,572 gross margin · 2025
DEXIN same network
€ 37.3 million revenue · 2024
Bobru same network
€ 3,010 gross margin · 2025
DC UNITED
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.303.413
- VAT number
- BE 0459.303.413
- Registered office
- Hamstraat 2, 1180 Ukkel
- Names & denominations
- GREENWICH PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1996
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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