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C.GEN

Active
Public limited companyfounded 199333 yrs activeSint-Amandsstraat 93, 1853 Grimbergen, BelgiumKBO/BCE: BE 0450.896.679
Summary

C.GEN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92.4m and a net result of -€1.4m. Equity is growing by ~14.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability34▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
cash: 0% of total assets, and 0% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
-1.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
73 d early
2024
14 d early
2023
57 d early
2022
66 d early
2021
69 d early
2020
75 d early
2019
65 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 60 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 26 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 September 1993, C.GEN was incorporated.1 Total assets went from EUR 9.4 million in 2018 to EUR 92 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€92.4m▼ 1.5%
2024 · €93.8m
Total assets
€92.4m▼ 6.5%
2024 · €98.8m
Net result
-€1.4m▲ 41.0%
2024 · -€2.4m
Working capital
€23.0m▲ 84.7%
2023 · €12.5m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€15,444▲ 46.6%-€4,617▲ 70.1%-€29,476▼ 538%-€12,282▲ 58.3%-€564,501▼ 4,496%
Net result€74,772▼ 86.8%€1.1m▲ 1,398%€6.8m▲ 507%-€2.4m-€1.4m▲ 41.0%
Equity€88.2m▲ 781%€89.3m▲ 1.3%€96.1m▲ 7.6%€93.8m▼ 2.5%€92.4m▼ 1.5%
Total assets€88.2m▲ 781%€95.0m▲ 7.7%€96.1m▲ 1.2%€98.8m▲ 2.8%€92.4m▼ 6.5%
Debt€4=€5.7m▲ 160,338,028%€4▼ 100.0%€5.0m▲ 140,985,815%
Working capital€33.3m▲ 233%€4.9m▼ 85.3%€12.5m▲ 155%€23.0m▲ 84.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€2.5m€0€2.5m€5.0m€7.5mOperating result 2021: -€15,444-€15,444Net result 2021: €74,772€74,772Operating result 2022: -€4,617-€4,617Net result 2022: €1.1m€1.1mOperating result 2023: -€29,476-€29,476Net result 2023: €6.8m€6.8mOperating result 2024: -€12,282-€12,282Net result 2024: -€2.4m-€2.4mOperating result 2025: -€564,501-€564,501Net result 2025: -€1.4m-€1.4m20212022202320242025-€2.5m€0€2.5m€5m€7.5mOperating result 2023: -€29,476-€29,500Net result 2023: €6.8m€6.8mOperating result 2024: -€12,282-€12,300Net result 2024: -€2.4m-€2.4mOperating result 2025: -€564,501-€565,000Net result 2025: -€1.4m-€1.4m202320242025
The operating result stays negative: a loss of €564,501 in 2025 against €12,282 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92.4m
Fixed assets €73.2m ▲ 3.4%
Current assets €19.2m ▼ 31.5%
Key figures and ratios
2025 value · change against 2024
Solvency
100.0%▲
2024 · 94.9%
ROE
-1.5%▲
2024 · -2.5%
ROA
-1.5%▲
2024 · -2.4%
Income taxes
€158,212▲
2024 · -€375,147
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€98.8m€92.4m▼
Fixed assets21/28€70.7m€73.2m▲
Financial fixed assets28€70.7m€73.2m▲
Current assets29/58€28.0m€19.2m▼
Amounts receivable after more than one year29€80,000€755,000▲
Other amounts receivable291€80,000€755,000▲
Amounts receivable within one year40/41€1.6m€998,164▼
Trade receivables40€1,636€296,712▲
Other amounts receivable41€1.6m€701,452▼
Current investments50/53€26.3m€17.4m▼
Cash at bank and in hand54/58€6,150€9,343▲
Deferred charges and accrued income490/1€14,283€26,563▲
Equity and liabilities
Total equity and liabilities10/49€98.8m€92.4m▼
Equity10/15€93.8m€92.4m▼
Contributions10/11€85.4m€85.4m=
Capital10€59.6m€59.6m=
Issued capital100€59.6m€59.6m=
Outside capital11€25.9m€25.9m=
Share premium1100/10€25.9m€25.9m=
Reserves13€1.1m€1.1m=
Non-distributable reserves130/1€1.1m€1.1m=
Legal reserve130€1.1m€1.1m=
Profit (loss) carried forward14€7.3m€5.9m▼
Amounts payable17/49€5.0m-
Amounts payable within one year42/48€5.0m-
Other amounts payable47/48€5.0m-
Income statement Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€548,698
Other operating charges640/8€968€998▲
Gross operating margin9900-€11,315-€14,805▼
Operating profit (loss)9901-€12,282-€564,501▼
Financial income75/76B€1.5m€2.6m▲
Recurring financial income75€1.5m€2.6m▲
Financial charges65/66B€4.2m€3.2m▼
Recurring financial charges65€1,070€749▼
Non-recurring financial charges66B€4.2m€3.2m▼
Profit (loss) for the period before taxes9903-€2.7m-€1.2m▲
Income taxes67/77-€375,147€158,212▲
Profit (loss) for the period9904-€2.4m-€1.4m▲
Profit (loss) for the period to be appropriated9905-€2.4m-€1.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906€7.3m€5.9m▼
Profit (loss) brought forward from the previous period14P€9.6m€7.3m▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61-€3,749----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€548,698-
Other operating charges640/8€868€868€960€968€998▲ 3.2%
Gross operating margin9900-€14,576-€3,749-€28,516-€11,315-€14,805▼ 30.8%
Operating profit (loss)9901-€15,444-€4,617-€29,476-€12,282-€564,501▼ 4,496%
Financial income75/76B€90,524€1.2m€13.0m€1.5m€2.6m▲ 76.6%
Recurring financial income75€90,524€1.2m€13.0m€1.5m€2.6m▲ 76.6%
Financial charges65/66B€308€78,539€5.8m€4.2m€3.2m▼ 22.4%
Recurring financial charges65€308€78,539€603€1,070€749▼ 30.0%
Non-recurring financial charges66B--€5.8m€4.2m€3.2m▼ 22.4%
Profit (loss) for the period before taxes9903€74,772€1.1m€7.2m-€2.7m-€1.2m▲ 54.9%
Income taxes67/77--€378,282-€375,147€158,212▲ 142%
Profit (loss) for the period9904€74,772€1.1m€6.8m-€2.4m-€1.4m▲ 41.0%
Profit (loss) for the period to be appropriated9905€74,772€1.1m€6.8m-€2.4m-€1.4m▲ 41.0%
Line20212022202320242025Change
Assets
Total assets20/58€88.2m€95.0m€96.1m€98.8m€92.4m▼ 6.5%
Fixed assets21/28€54.9m€84.4m€83.7m€70.7m€73.2m▲ 3.4%
Financial fixed assets28€54.9m€84.4m€83.7m€70.7m€73.2m▲ 3.4%
Current assets29/58€33.3m€10.6m€12.5m€28.0m€19.2m▼ 31.5%
Amounts receivable after more than one year29---€80,000€755,000▲ 844%
Other amounts receivable291---€80,000€755,000▲ 844%
Amounts receivable within one year40/41-€336,000€336,000€1.6m€998,164▼ 36.4%
Trade receivables40---€1,636€296,712▲ 18,039%
Other amounts receivable41-€336,000€336,000€1.6m€701,452▼ 55.3%
Current investments50/53-€6.9m€12.1m€26.3m€17.4m▼ 34.0%
Cash at bank and in hand54/58€33.3m€3.4m€56,920€6,150€9,343▲ 51.9%
Deferred charges and accrued income490/1-€5,006-€14,283€26,563▲ 86.0%
Equity and liabilities
Total equity and liabilities10/49€88.2m€95.0m€96.1m€98.8m€92.4m▼ 6.5%
Equity10/15€88.2m€89.3m€96.1m€93.8m€92.4m▼ 1.5%
Contributions10/11€85.4m€85.4m€85.4m€85.4m€85.4m=
Capital10€59.6m€59.6m€59.6m€59.6m€59.6m=
Issued capital100€59.6m€59.6m€59.6m€59.6m€59.6m=
Outside capital11€25.9m€25.9m€25.9m€25.9m€25.9m=
Share premium1100/10€25.9m€25.9m€25.9m€25.9m€25.9m=
Reserves13€658,822€715,117€1.1m€1.1m€1.1m=
Non-distributable reserves130/1€658,822€715,117€1.1m€1.1m€1.1m=
Legal reserve130€658,822€715,117€1.1m€1.1m€1.1m=
Profit (loss) carried forward14€2.1m€3.2m€9.6m€7.3m€5.9m▼ 19.2%
Amounts payable17/49€4€5.7m€4€5.0m--
Amounts payable within one year42/48€4€5.7m€4€5.0m--
Trade debts44€4€5.7m€4---
Suppliers440/4€4€5.7m€4---
Other amounts payable47/48---€5.0m--
Line20212022202320242025Change
Profit (loss) for the period9904€74,772€1.1m€6.8m-€2.4m-€1.4m▲ 41.0%
Operating cash flow (approximation)€74,772€1.1m€6.8m-€2.4m-€1.4m▲ 41.0%
Investment in fixed assets (approximation)--€29.5m€779,521€12.9m-€2.4m▼ 119%
Change in cash--€29.9m-€3.3m-€50,771€3,193▲ 106%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€2.4m
Net result drops to -€2.4m, the lowest in the series; recovery starts the following year.
04-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €6.8m ▲507%
Net result €6.8m, the highest in the series.
31-12
Financial Liquidity times 1889441current ratio 3509562.10
Current ratio from 1.86 to 3509562.10; short-term debt falls from €5.7m to €4.
26-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity triplescurrent ratio 9377938.89
Current ratio from 2819472.95 to 9377938.89.
31-12
Financial Equity above €50mEq €88.2m ▲781%
3 profitable years in a row build equity to €88.2m.
17-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Liquidity times 226current ratio 2819472.95
Current ratio from 12488.96 to 2819472.95; short-term debt falls from €170 to €4.
Show earlier events
31-12
Financial Equity above €10mEq €10.0m ▲6%
2 profitable years in a row build equity to €10.0m.
27-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €12,193
Net result €12,193 after one loss-making year.
29-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts

We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
15 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, Grimbergen · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
3,009 m²
Building footprint
176 m²
Volume, LiDAR
1,318 m³
Parcel 23084A0347/00T000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
HELICON NV
Sint-Amandsstraat 93, 1853 GrimbergenNACE 70201
since 19942.064.033.997
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0347/00T000 Flanders 3,009 m² 1 · 176 m² 13.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

7 holdings · 7 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 7

All subsidiaries, including indirect ones 7

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of C.GEN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded10-09-1993
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.