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GENATRONICS

Active
Private limited company (pre-2019)founded 200620 yrs activeDosseweg 32, 8700 Tielt, BelgiumKBO/BCE: BE 0879.148.513
Summary

GENATRONICS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €7k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+16
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 9.38 against 3.82 in 2024; short-term debt: 9.2% and cash: 1.3% of total assets), and 18.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 20 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
on the day
2021
2 d late
2020
24 d late
2019
2 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 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

Financials · fiscal year 2025, micro schema

Equity
€24k▲ 44.2%
2024 · €17k
Total assets
€30k▲ 4.7%
2024 · €28k
Net result
€7k
2024 · €-9k
Working capital
€23k▲ 26.7%
2024 · €18k
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€4k▼ 7.6%€-6k€-2k▲ 63.3%€-9k▼ 305%€9k
Net result€3k▼ 3.3%€-6k€-2k▲ 64.2%€-9k▼ 319%€7k
Equity€34k▲ 8.2%€28k▼ 17.8%€26k▼ 7.7%€17k▼ 35.2%€24k▲ 44.2%
Total assets€38k▼ 17.9%€30k▼ 20.1%€33k▲ 9.3%€28k▼ 13.6%€30k▲ 4.7%
Debt€3k▼ 76.4%€2k▼ 44.4%€7k▲ 269%€12k▲ 68.2%€5k▼ 53.0%
Working capital€32k▲ 34.6%€27k▼ 16.8%€26k▼ 1.9%€18k▼ 30.5%€23k▲ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2021: €4k€4kNet result 2021: €3k€3kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kOperating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €-9k€-9kNet result 2024: €-9k€-9kOperating result 2025: €9k€9kNet result 2025: €7k€7k20212022202320242025€-10k€-5k€0€5k€10kOperating result 2023: €-2k€-2.2kNet result 2023: €-2k€-2.2kOperating result 2024: €-9k€-9kNet result 2024: €-9k€-9.2kOperating result 2025: €9k€8.8kNet result 2025: €7k€7.5k202320242025
The operating result returns to profit in 2025: €9k after a loss of €9k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets €4k ▲ 4.8%
Current assets €26k ▲ 4.7%
Equity and liabilities €30k
Equity €24k ▲ 44.2%
Debt €5k ▼ 53.0%
Debt's share of the balance-sheet total falls from 40.6% to 18.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10k▲
2024 · €-8k
Cash flow
€9k▲
2024 · €-8k
Current ratio
9.38▲
2024 · 3.82
Quick ratio
4.80▲
2024 · 2.54
Debt to equity
0.22▼
2024 · 0.68
ROE
30.6%▲
2024 · -54.3%
ROA
25.1%▲
2024 · -32.2%
Interest coverage
25.10▲
2024 · -82.27
Debt ≤ 1 year
€3k▼
2024 · €6k
Debt > 1 year
€3k▼
2024 · €5k
Income taxes
€912▲
2024 · €105
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 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€28k€30k▲
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€4k€4k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24-€1k
Current assets29/58€25k€26k▲
Stocks and contracts in progress3€8k€13k▲
Stocks30/36€8k€13k▲
Amounts receivable within one year40/41€15k€12k▼
Trade receivables40€15k€5k▼
Other amounts receivable41€217€7k▲
Current investments50/53€251-
Cash at bank and in hand54/58€1k€400▼
Deferred charges and accrued income490/1-€972
Equity and liabilities
Total equity and liabilities10/49€28k€30k▲
Equity10/15€17k€24k▲
Contributions10/11€9k€9k=
Capital10€9k€9k=
Issued capital100€19k€19k=
Uncalled capital101€9k€9k=
Reserves13€2k€9k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133-€7k
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€12k€5k▼
Amounts payable after more than one year17€5k€3k▼
Financial debts170/4€5k€3k▼
Amounts payable within one year42/48€6k€3k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€240€273▲
Taxes450/3€240€273▲
Other amounts payable47/48€168-
Accrued charges and deferred income492/3-€57
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€841€2k▲
Gross operating margin9900€-7k€12k▲
Operating profit (loss)9901€-9k€9k▲
Financial income75/76B€0€14▲
Recurring financial income75€0€14▲
Financial charges65/66B€95€391▲
Recurring financial charges65€95€391▲
Profit (loss) for the period before taxes9903€-9k€8k▲
Income taxes67/77€105€912▲
Profit (loss) for the period9904€-9k€7k▲
Profit (loss) for the period to be appropriated9905€-9k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€13k▲
Profit (loss) brought forward from the previous period14P€15k€6k▼
Transfer to equity691/2-€7k
To other reserves6921-€7k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€707€819€1k€1k▼ 10.4%
Other operating charges640/8-€765€771€841€2k▲ 108%
Gross operating margin9900€11k€-5k€-625€-7k€12k▲ 266%
Operating profit (loss)9901€4k€-6k€-2k€-9k€9k▲ 198%
Financial income75/76B-€154€272€0€14▲ 20,386%
Recurring financial income75€116€154€272€0€14▲ 20,386%
Financial charges65/66B-€151€158€95€391▲ 313%
Recurring financial charges65€427€151€158€95€391▲ 313%
Profit (loss) for the period before taxes9903€4k€-6k€-2k€-9k€8k▲ 192%
Income taxes67/77€1k€76€88€105€912▲ 771%
Profit (loss) for the period9904€3k€-6k€-2k€-9k€7k▲ 181%
Profit (loss) for the period to be appropriated9905€3k€-6k€-2k€-9k€7k▲ 181%
Line20212022202320242025Change
Assets
Total assets20/58€38k€30k€33k€28k€30k▲ 4.7%
Fixed assets21/28€2k€2k€5k€4k€4k▲ 4.8%
Tangible fixed assets22/27€2k€2k€5k€4k€4k▲ 4.8%
Plant, machinery and equipment23-€1k€5k€4k€3k▼ 22.3%
Furniture and vehicles24-€279€8-€1k-
Current assets29/58€35k€29k€28k€25k€26k▲ 4.7%
Stocks and contracts in progress3€9k€2k€4k€8k€13k▲ 52.0%
Stocks30/36-€2k€4k€8k€13k▲ 52.0%
Amounts receivable within one year40/41€13k€24k€17k€15k€12k▼ 21.4%
Trade receivables40-€20k€13k€15k€5k▼ 67.8%
Other amounts receivable41-€3k€5k€217€7k▲ 3,148%
Current investments50/53€251€251€251€251--
Cash at bank and in hand54/58€13k€3k€6k€1k€400▼ 61.5%
Deferred charges and accrued income490/1----€972-
Equity and liabilities
Total equity and liabilities10/49€38k€30k€33k€28k€30k▲ 4.7%
Equity10/15€34k€28k€26k€17k€24k▲ 44.2%
Contributions10/11€9k€9k€9k€9k€9k=
Capital10-€9k€9k€9k€9k=
Issued capital100-€19k€19k€19k€19k=
Uncalled capital101-€9k€9k€9k€9k=
Reserves13€2k€2k€2k€2k€9k▲ 401%
Non-distributable reserves130/1-€2k€2k€2k€2k=
Legal reserve130-€2k€2k€2k€2k=
Distributable reserves133----€7k-
Profit (loss) carried forward14€23k€17k€15k€6k€6k=
Amounts payable17/49€3k€2k€7k€12k€5k▼ 53.0%
Amounts payable after more than one year17--€5k€5k€3k▼ 48.6%
Financial debts170/4--€5k€5k€3k▼ 48.6%
Amounts payable within one year42/48€3k€2k€2k€6k€3k▼ 57.3%
Trade debts44€2k€1k€2k€6k€2k▼ 58.9%
Suppliers440/4-€1k€2k€6k€2k▼ 58.9%
Taxes, remuneration and social security45-€552€153€240€273▲ 13.5%
Taxes450/3-€552€153€240€273▲ 13.5%
Other amounts payable47/48---€168--
Accrued charges and deferred income492/3----€57-
Line20212022202320242025Change
Profit (loss) for the period9904€3k€-6k€-2k€-9k€7k▲ 181%
+ Depreciation and write-downs630€6k€707€819€1k€1k▼ 10.4%
Operating cash flow (approximation)€9k€-5k€-1k€-8k€9k▲ 207%
Investment in fixed assets (approximation)-€0€-4k€0€-1k-
Change in cash-€-10k€4k€-5k€-638▲ 88.2%

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 31-10-2026
2025
31-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Back to profitnet €7k
Net result €7k after 3 loss-making years.
31-03
Financial Liquidity doublescurrent ratio 9.38
Current ratio from 3.82 to 9.38; short-term debt falls from €6k to €3k.
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
02-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial Liquidity quadruplescurrent ratio 10.59
Current ratio from 2.68 to 10.59; short-term debt falls from €14k to €3k.
2020
24-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2019
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
24-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
2,618 m²
Building footprint
163 m²
Volume, LiDAR
840 m³
Parcel 37013B0639/00G000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GENATRONICS
Dosseweg 32, 8700 TieltNACE 30020
since 20062.151.753.374
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37013B0639/00G000 Flanders 2,618 m² 1 · 163 m² 9.0 m · 2 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.

Similar companies · same sector, comparable size

Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 13,735 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded06-02-2006
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
43211General electrical installation work
63100Computing infrastructure, data processing, hosting and related activities

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