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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
SPRING WIRELESS EUROPE from Grimbergen, company number BE0843383128, closed financial year 2023 with a result of € 0 after tax. Compared with financial year 2022, the result moved from € 0 to € 0. Around break-even. 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 October 3, 2024.
€ -38,800
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
€ 3,803
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -2.5 million.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Equity | € -38,800 | € -38,800 | € -38,800 | |
| Total debts | € 42,602 | € 42,602 | € 42,602 | |
| Cash | € 3,803 | € 3,803 | € 3,803 | |
| Retained profit | € -2,511,690 | € -2,511,690 | € -2,511,690 | |
| Balance sheet total | € 3,803 | € 3,803 | € 3,803 |
Key figures of SPRING WIRELESS EUROPE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SPRING WIRELESS EUROPE?
What happened at SPRING WIRELESS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 0. filed late Source: NBB ↗
- Keane Conor became a director. NBB
- KEVIN GUY LEE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 0 profit in 2021 to € 0 profit in 2023.
Management
Behind SPRING WIRELESS EUROPE are Keane Conor and KEVIN GUY LEE. It owns 75% of SW Distribution itself.
Directors
According to the 2023 annual accounts
Keane Conor
Director
since 2013
KEVIN GUY LEE
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Boechoutlaan 105 box 501
1853 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →OUDE COMMANDITAIRE HANDELSMAATSCHAPPIJ
HARTING
€ 1.2 million gross margin · 2025
CHG-MERIDIAN Belux
€ 82.3 million revenue · 2025
GRYSON
€ -13,884 gross margin · 2025
DIRINCO
€ 444,067 gross margin · 2025
+20 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
- 0843.383.128
- VAT number
- BE 0843.383.128
- Registered office
- Boechoutlaan 105 bus 501, 1853 Grimbergen
- Names & denominations
- SPRING WIRELESS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2012
- Peppol
- Not registered