GENC TRANSPORT
ActiveThe computed 12-month bankruptcy probability of GENC TRANSPORT is 3.3% (moderate). The 2024 annual accounts show equity of €32k and a net result of €38k. Equity is growing by ~154.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 6717 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+24
Solvency63▲+42
Growth78=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 0.89 in 2023; short-term debt: 62% and cash: 7.3% of total assets), and 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
38%
Return on assets
45.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
42 d late
2022
53 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▲ 309%
2023 · €9k
2022: €-45k
2023: €9k
2022 → 2024
Working capital
€22k
2023 · €-18k
2022: €-23k
2023: €-18k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-15k-€-6k▲ 60.8%€32k
Operating result€-43k-€11k€39k▲ 245%
Net result€-45k-€9k€38k▲ 309%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 245% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84k
Fixed assets
€10k▼ 25.0%
Current assets
€74k▼ 51.2%
Equity and liabilities €84k
Equity
€32k
Debt
€52k
Debt finances 62.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€43k▲
2023 · €16k
Cash flow
€41k▲
2023 · €14k
Solvency
38.0%▲
2023 · -3.6%
Current ratio
1.41▲
2023 · 0.89
Quick ratio
1.41▲
2023 · 0.89
Debt / equity
1.63▲
2023 · -28.54
ROE
118.7%
ROA
45.2%▲
2023 · 5.6%
Interest coverage
38.00▲
2023 · 10.18
Debt
€52k▼
2023 · €171k
Debt ≤ 1 year
€52k▼
2023 · €169k
Debt > 1 year
€0▼
2023 · €2k
Income taxes
€0▼
2023 · €482
Staff costs
€80k▼
2023 · €86k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€165k€84k▼
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€14k€10k▼
Furniture and vehicles24€14k€10k▼
Current assets29/58€151k€74k▼
Amounts receivable within one year40/41€106k€64k▼
Trade receivables40€95k€61k▼
Other amounts receivable41€11k€3k▼
Cash at bank and in hand54/58€3k€6k▲
Deferred charges and accrued income490/1€42k€4k▼
Equity and liabilities
Total equity and liabilities10/49€165k€84k▼
Equity10/15€-6k€32k▲
Contributions10/11€30k€30k=
Outside capital11-€30k
Share premium1100/10-€30k
Profit (loss) carried forward14€-36k€2k▲
Amounts payable17/49€171k€52k▼
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€169k€52k▼
Current portion of amounts payable after more than one year42€6k€0▼
Trade debts44€67k€16k▼
Suppliers440/4€67k€16k▼
Taxes, remuneration and social security45€47k€31k▼
Taxes450/3€30k€14k▼
Remuneration and social security454/9€18k€17k▼
Other amounts payable47/48€49k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€86k€80k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€14k-
Gross operating margin9900€116k€122k▲
Operating profit (loss)9901€11k€39k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€10k€38k▲
Income taxes67/77€482€0▼
Profit (loss) for the period9904€9k€38k▲
Profit (loss) for the period to be appropriated9905€9k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€2k▲
Profit (loss) brought forward from the previous period14P€-45k€-36k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Highest result since 2022net €38k ▲309%
Operating result €39k, net result €38k, both a record.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Overijse · 1 establishment unit since 2021
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.
Horizontlaan 263090 OverijseGround area
443 m²
Building footprint
108 m²
Parcel 23543I0170/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
GENC TRANSPORT
since 20212.325.665.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543I0170/00E000 | Flanders | 443 m² | 1 · 108 m² | - |
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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 6,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.