GEENARD ELECTRO
ActiveSummary
GEENARD ELECTRO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €959,855 and a net result of €56,648. Equity has been growing by about 2.5% per year since 2018. Its solvency ranks better than 34% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 18-02-1988 Normal situation
- Activity
- Wholesale of machine tools NACE 46620and 2 others
- Joint committees
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.035.328.828 3620 Lanaken, since 10-03-1988
- 2.258.789.411 3620 Lanaken, since 21-11-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- GEN3GManaging director · permanent representative Valeska MEERS
- Gert GEENARDManaging director
- GEN3G NVManaging director
- Holdings
- Shares in 1 company GEN3G
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €1.5m
- ▲ 14.1%
- Turnover
- ≈ €6.2m
- estimated
- Profit
- €56,648
- ▲ 7.0%
- Equity
- €959,855
- ▲ 5.9%
- Total assets
- €3.5m
- ▲ 16.5%
- Employees on 31-12-2025
- 23
- ▲ 4.5%
Score breakdownraises riskLiquidity: current ratio 1.34, cash €79,978, halvedSize: 24.1 FTE, total assets €3.5mlowers riskFounded in 1988Figures for financial year 2025 (filed on 30-05-2026)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 46, small). It does better than 31% of them on solvency, 35% on liquidity, 33% on profitability and 57% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 2nd fastest staff growth in Lanakenin the Checked rankings No. 2 View
- New directorslatest change 29-05-2026 · 4 in office 3 joined View
- Positive: 8 profitable years in a rowprofit 2025: €56,648 8 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Reappointments: Gert GEENARD, Raymond MEERS and GEN3G NVPermanent representative: Valeska MEERS · Appointments: Gert GEENARD (managing director) and GEN3G NV (managing director)
- · Gazette deed Amendment of the articles
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GEENARD ELECTRO: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €2.7m and €5.6m, founded between 1983 and 1991.
| Company | Total assets | Gross margin |
|---|---|---|
| GEENARD ELECTRO Lanaken | €3.5m | €1.5m |
| DIAMETAL Herentals | €3.3m | €1.4m |
| DECKERS Blégny | €2.7m | €1.9m |
| UFTTOOLS - UFTLAS Deinze | €5.6m | €1.6m |
| GIMA - MACHINES Aartselaar | €3.7m | €2.4m |
| Pieterman Glas-en Steentechniek Beringen | €3.6m | €1.1m |
| ROB VERHUUR Lochristi | €4.4m | €2.3m |
Key facts about GEENARD ELECTRO
- What is the company number of GEENARD ELECTRO?
- The company number of GEENARD ELECTRO is 0433.513.586. The VAT number is the same number with BE in front: BE 0433.513.586.
- Where is GEENARD ELECTRO based?
- The registered office is at Kompveldstraat 9, 3620 Lanaken.Company details
- What does GEENARD ELECTRO do?
- According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
- What is the legal form of GEENARD ELECTRO?
- The legal form of GEENARD ELECTRO is Public limited company (NV).
- When was GEENARD ELECTRO founded?
- GEENARD ELECTRO was founded on 18-02-1988.
- Is GEENARD ELECTRO still active?
- Yes, GEENARD ELECTRO is an active enterprise in the KBO register.
- How many employees does GEENARD ELECTRO have?
- GEENARD ELECTRO had an average of 24.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GEENARD ELECTRO fall under?
- In its 2025 annual accounts, GEENARD ELECTRO states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of GEENARD ELECTRO?
- The turnover in financial year 2025 is ≈ €6.2m. This figure is estimated from the gross margin of €1.5m and 98 comparable companies (NACE 46). It probably lies between €3.8m and €11.0m.
- Is GEENARD ELECTRO profitable?
- In financial year 2025, GEENARD ELECTRO made a profit of €56,648.
- Where can I find the annual accounts of GEENARD ELECTRO?
- GEENARD ELECTRO filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GEENARD ELECTRO due?
- GEENARD ELECTRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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