GEN IMMO

Active

Public limited companyfounded 20223 yrs activeAvenue Herbert Hoover 20, 1332 Rixensart, BelgiumKBO/BCE: BE 0795.504.126

Summary

The computed 12-month bankruptcy probability of GEN IMMO is 2.2% (moderate). The 2024 annual accounts show equity of €7.79M and a net result of €5k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

69 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability79▼-1

Solvency100=

Growth35

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity tight (current ratio 1.28 against 0.17 in 2023; short-term debt: 0.3% and cash: 0.3% of total assets), and 0.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

99.7%

Return on assets

0.1%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

28 d early

2023

41 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, full schema

Turnover

€93k▼ 10.9%

2023 · €104k

2023: €104k

2023 → 2024

EBIT margin

-42.5%▼ 90.0pp

2023 · 47.5%

2023: 47.5%

2023 → 2024

Net result

€5k▼ 89.3%

2023 · €51k

2023: €51k

2023 → 2024

Working capital

€6k

2023 · €-113k

2023: €-113k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Turnover€104k-€93k▼ 10.9%

Equity€7.79M-€7.79M▲ 0.1%

Operating result€49k-€-39k

Net result€51k-€5k▼ 89.3%

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €39k after €49k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €7.81M

99.7%

Fixed assets €7.79M ▼ 1.4%

Current assets €26k ▲ 12.9%

Equity and liabilities €7.81M

99.7%

Equity €7.79M ▲ 0.1%

Debt €21k ▼ 85.0%

Debt's share of the balance-sheet total falls from 1.7% to 0.3%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€35k▼

2023 · €125k

Cash flow

€80k▼

2023 · €126k

Current ratio

1.28▲

2023 · 0.17

Debt to equity

0.00▼

2023 · 0.02

ROE

0.1%▼

2023 · 0.7%

ROA

0.1%▼

2023 · 0.6%

Interest coverage

79.46▼

2023 · 2502.25

Debt ≤ 1 year

€21k▼

2023 · €136k

Debt > 1 year

€0=

2023 · €0

Income taxes

€857▼

2023 · €18k

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 · 2024 against 2023 · 58 lines

Balance sheet Code20232024

Assets

Total assets20/58€7.92M€7.81M▼

Fixed assets21/28€7.90M€7.79M▼

Tangible fixed assets22/27€6.58M€6.50M▼

Land and buildings22€6.58M€6.50M▼

Financial fixed assets28€1.32M€1.28M▼

Affiliated companies280/1€1.32M€1.28M▼

Amounts receivable281€1.32M€1.28M▼

Current assets29/58€23k€26k▲

Amounts receivable within one year40/41€2k€197▼

Trade receivables40€2k€197▼

Other amounts receivable41€0€0=

Cash at bank and in hand54/58€21k€26k▲

Deferred charges and accrued income490/1€0-

Equity and liabilities

Total equity and liabilities10/49€7.92M€7.81M▼

Equity10/15€7.79M€7.79M▲

Contributions10/11€7.74M€7.74M=

Capital10€7.74M€7.74M=

Issued capital100€7.74M€7.74M=

Reserves13€3k€3k▲

Non-distributable reserves130/1€3k€3k▲

Legal reserve130€3k€3k▲

Profit (loss) carried forward14€48k€53k▲

Amounts payable17/49€137k€21k▼

Amounts payable after more than one year17€0€0=

Other amounts payable178/9€0€0=

Amounts payable within one year42/48€136k€21k▼

Trade debts44€117k€19k▼

Suppliers440/4€117k€19k▼

Taxes, remuneration and social security45€18k€2k▼

Taxes450/3€18k€2k▼

Accrued charges and deferred income492/3€1k€0▼

Income statement Code20232024

Operating income70/76A€397k€93k▼

Turnover70€104k€93k▼

Other operating income74€0-

Non-recurring operating income76A€292k-

Operating charges60/66A€347k€132k▼

Services and other goods61€211k€47k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€74k▼

Other operating charges640/8€61k€11k▼

Operating profit (loss)9901€49k€-39k▼

Financial income75/76B€21k€46k▲

Recurring financial income75€21k€46k▲

Income from current assets751€21k€46k▲

Other financial income752/9€0-

Financial charges65/66B€959€438▼

Recurring financial charges65€959€438▼

Debt charges650€50-

Other financial charges652/9€910€438▼

Profit (loss) for the period before taxes9903€69k€6k▼

Income taxes67/77€18k€857▼

Taxes670/3€18k€2k▼

Tax adjustments and reversals of tax provisions77-€1k

Profit (loss) for the period9904€51k€5k▼

Profit (loss) for the period to be appropriated9905€51k€5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€51k€54k▲

Profit (loss) brought forward from the previous period14P-€48k

Transfer to equity691/2€3k€371▼

To the legal reserve6920€3k€371▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Gazette 1Filings 2

2026

12-08

State Gazette act Permanent representatives: Olivier Peeters, Frédéric Adriaens and 2 others

Resignation: SRL NOLICIS (director) · Reappointments: OPTIMMO SA, Alain Prigogine and 3 others · Appointments: SRL CERVO HOSPITALITY, Bruno VanDenBosch & Co, Réviseur d'Entreprises and OPTIMMO SA16 facts ▸

General meeting, 30-06-2026
Board meeting, 30-06-2026
Permanent representative, Olivier Peeters
Permanent representative, Frédéric Adriaens
Director resignation, SRL NOLICIS (director)
Director reappointment, OPTIMMO SA (director)
Director reappointment, Alain Prigogine (director)
Director reappointment, JOHN MARTIN SA (director)
Director reappointment, HOLMAR SA (director)
Director reappointment, SPARAXIS SA (director)
Director appointment, SRL CERVO HOSPITALITY (director)
Permanent representative, John Gabriel MARTIN
+4 further facts in this act

2025

03-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Liquidity times 7current ratio 1.28

Current ratio from 0.17 to 1.28; short-term debt falls from €136k to €21k.

20-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

under verification, no change since 2026

This board is reconstructed from a single act (26103413). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

CERVO HOSPITALITY

Director · since 30-06-2026 · Private limited company · perm. rep.: John Gabriel MARTIN

Current

OPTIMMO SA

Managing director · since 30-06-2026 · Legal entity

Current

Alain Prigogine

Director

Current

SA HOLMAR

Director · Legal entity

Current

SA JOHN MARTIN

Director · Legal entity

Current

Sparaxis SA

Director · Legal entity

Current

30-06-2026 CERVO HOSPITALITY: Appointed as Director

30-06-2026 OPTIMMO SA: Appointed as Managing director

30-06-2026 SRL NOLICIS: Resigned as Director

Location & real-estate footprint

Registered office, Rixensart · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Avenue Herbert Hoover 201332 Rixensart

Ground area

306 m²

Building footprint

419 m²

Volume, LiDAR

4,459 m³

Parcel 25033A0305/00_000, Wallonia · tallest building 18.4 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Avenue Herbert Hoover 20, 1332 Rixensart

Other financial services

since 20222.340.937.622

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25033A0305/00_000	Wallonia	306 m²	1 · 419 m²	18.4 m · 4 fl.

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.

Statutory auditor

1 auditor

BRUNO VANDENBOSCH & Co REVISEUR D'ENTREPRISESCurrent

Auditor · represented by Bruno Van Den Bosch

30-06-2026 → present

Structure & network

Connections & network

5 connected companies

Shared directors

Linked via shared directors

ANDEL

Shared corporate director

→

MARTIN'S BRUGGE

Shared corporate director

→

MARTIN'S BRUSSELS

Shared corporate director

→

MARTIN'S HOTELS

Shared corporate director

→

Show 1 more companies with a shared director

OPTIMMO

Shared corporate director

→

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded29-12-2022

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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