GENAPIMMO
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 2 days after the deadline Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00027719.
Annual accounts 2025 filed on 02-02-2026 PDF all 17 filings
Every figure per financial year
The operating result for 2025 is a loss of €474, smaller than the loss of €1,967 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €347 | €384 | €408 | ▲ 6.3% |
| Gross operating margin9900 | -€53 | €5,945 | €3,241 | €16,491 | -€64 | -€1,583 | -€66 | ▲ 95.8% |
| Operating profit (loss)9901 | -€401 | €5,597 | €2,893 | €16,143 | -€411 | -€1,967 | -€474 | ▲ 75.9% |
| Financial income75/76B | - | - | - | €2,112 | €2,884 | €2,902 | €2,933 | ▲ 1.1% |
| Recurring financial income75 | €5,068 | €2,982 | €3,013 | €2,112 | €2,884 | €2,902 | €2,933 | ▲ 1.1% |
| Financial charges65/66B | - | - | - | €5,002 | €5,019 | €5,058 | €4,989 | ▼ 1.4% |
| Recurring financial charges65 | €4,796 | €4,817 | €4,732 | €5,002 | €5,019 | €5,058 | €4,989 | ▼ 1.4% |
| Profit (loss) for the period before taxes9903 | -€129 | €3,762 | €1,174 | €13,253 | -€2,546 | -€4,123 | -€2,530 | ▲ 38.6% |
| Profit (loss) for the period9904 | -€129 | €3,762 | €1,174 | €13,253 | -€2,546 | -€4,123 | -€2,530 | ▲ 38.6% |
| Profit (loss) for the period to be appropriated9905 | -€129 | €3,762 | €1,174 | €13,253 | -€2,546 | -€4,123 | -€2,530 | ▲ 38.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €68,484 | €74,032 | €68,923 | €67,792 | €66,849 | €66,566 | €65,978 | ▼ 0.9% |
| Fixed assets21/28 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Tangible fixed assets22/27 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Land and buildings22 | - | - | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Current assets29/58 | €43,484 | €49,032 | €43,923 | €42,792 | €41,849 | €41,566 | €40,978 | ▼ 1.4% |
| Amounts receivable after more than one year29 | - | - | - | €41,920 | €41,592 | - | €40,886 | - |
| Trade receivables290 | - | - | - | - | - | - | €40,886 | - |
| Other amounts receivable291 | - | - | - | €41,920 | €41,592 | - | - | - |
| Amounts receivable within one year40/41 | - | €6,000 | - | - | - | €41,247 | - | - |
| Other amounts receivable41 | - | - | - | - | - | €41,247 | - | - |
| Current investments50/53 | €22 | €23 | €22 | €22 | €21 | €85 | €84 | ▼ 1.2% |
| Cash at bank and in hand54/58 | €649 | €480 | €1,669 | €850 | €236 | €234 | €8 | ▼ 96.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €68,484 | €74,032 | €68,923 | €67,792 | €66,849 | €66,566 | €65,978 | ▼ 0.9% |
| Equity10/15 | -€17,721 | -€13,959 | -€12,785 | €468 | -€2,078 | -€6,201 | -€8,731 | ▼ 40.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - | - |
| Profit (loss) carried forward14 | -€36,321 | -€32,559 | -€31,385 | -€18,132 | -€20,678 | -€24,801 | -€27,331 | ▼ 10.2% |
| Provisions and deferred taxes16 | €59,844 | €59,004 | €58,117 | €55,000 | €54,212 | €53,389 | €52,519 | ▼ 1.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €55,000 | €54,212 | €53,389 | €52,519 | ▼ 1.6% |
| Other liabilities and charges164/5 | - | - | - | €55,000 | €54,212 | €53,389 | €52,519 | ▼ 1.6% |
| Amounts payable17/49 | €26,361 | €28,987 | €23,591 | €12,324 | €14,715 | €19,378 | €22,190 | ▲ 14.5% |
| Amounts payable after more than one year17 | €26,361 | €28,987 | €23,591 | €12,324 | €14,715 | €19,378 | €22,190 | ▲ 14.5% |
| Other amounts payable178/9 | - | - | - | €12,324 | €14,715 | €19,378 | €22,190 | ▲ 14.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€129 | €3,762 | €1,174 | €13,253 | -€2,546 | -€4,123 | -€2,530 | ▲ 38.6% |
| Operating cash flow (approximation) | -€129 | €3,762 | €1,174 | €13,253 | -€2,546 | -€4,123 | -€2,530 | ▲ 38.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€169 | €1,189 | -€819 | -€614 | -€2 | -€226 | ▼ 11,200% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,333 companies had the same profile as GENAPIMMO has now. Two years later, 90.5% were still going and 2.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GENAPIMMO itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for GENAPIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00027719 | |
| 30-06-2024 | micro format | 26-02-2025 | 2025-00039693 | |
| 30-06-2023 | micro format | 10-03-2024 | 2024-00041255 | |
| 30-06-2022 | micro format | 25-02-2023 | 2023-00031364 | |
| 30-06-2021 | micro format | 12-02-2022 | 2022-05400559 | |
| 30-06-2020 | micro format | 27-02-2021 | 2021-06200131 | |
| 30-06-2019 | micro format | 16-02-2020 | 2020-05300011 | |
| 30-06-2018 | micro format | 11-02-2019 | 2019-04800493 | |
| 30-06-2017 | micro format | 10-02-2018 | 2018-04700379 | |
| 30-06-2016 | full format | 25-02-2017 | 2017-05200223 |