GENCO
ActiveSummary
GENCO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €48,157 and a net result of -€1,857. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 15862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability28▼-5
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
short-term debt: 0.5% and cash: 0.2% of total assets, and 0.5% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
99.5%
Return on assets
-3.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
44 d early
2022
35 d early
2021
23 d late
2020
59 d late
2019
76 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€48,157▼ 3.7%
2023 · €50,014
Total assets
€48,377▼ 3.7%
2023 · €50,234
Net result
-€1,857▼ 107%
2023 · -€898
Working capital
€48,157▼ 3.7%
2023 · €50,014
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
Line20202021202220232024
Operating result-€938▼ 158%-€1,723▼ 83.7%-€950▲ 44.9%-€846▲ 10.9%-€1,802▼ 113%
Net result-€992▼ 143%-€1,796▼ 81.0%-€1,009▲ 43.8%-€898▲ 11.0%-€1,857▼ 107%
Equity€53,716▼ 1.8%€51,921▼ 3.3%€50,912▼ 1.9%€50,014▼ 1.8%€48,157▼ 3.7%
Total assets€55,276▼ 0.6%€52,950▼ 4.2%€50,912▼ 3.8%€50,234▼ 1.3%€48,377▼ 3.7%
Debt€1,560▲ 73.1%€1,029▼ 34.0%€220€220=
Working capital€53,716▼ 1.8%€51,921▼ 3.3%€50,014€48,157▼ 3.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,802 in 2024 against €846 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €48,377
Equity
€48,157 ▼ 3.7%
Debt
€220 =
Debt's share of the balance-sheet total stays at 0.5%.
Key figures and ratios
Debt to equity
0.00▲
2023 · 0.00
ROE
-3.9%▼
2023 · -1.8%
ROA
-3.8%▼
2023 · -1.8%
Debt ≤ 1 year
€220=
2023 · €220
A ratio outside any meaningful range has been withheld (balance sheet total €48,377, equity €48,157).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €568 | €348 | €220 | €1,212 | ▲ 451% |
| Gross operating margin9900 | -€370 | -€1,155 | -€602 | -€626 | -€590 | ▲ 5.8% |
| Operating profit (loss)9901 | -€938 | -€1,723 | -€950 | -€846 | -€1,802 | ▼ 113% |
| Financial charges65/66B | - | €73 | €59 | €52 | €55 | ▲ 5.8% |
| Recurring financial charges65 | €54 | €73 | €59 | €52 | €55 | ▲ 5.8% |
| Profit (loss) for the period before taxes9903 | -€992 | -€1,796 | -€1,009 | -€898 | -€1,857 | ▼ 107% |
| Profit (loss) for the period9904 | -€992 | -€1,796 | -€1,009 | -€898 | -€1,857 | ▼ 107% |
| Profit (loss) for the period to be appropriated9905 | -€992 | -€1,796 | -€1,009 | -€898 | -€1,857 | ▼ 107% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €55,276 | €52,950 | €50,912 | €50,234 | €48,377 | ▼ 3.7% |
| Current assets29/58 | €55,276 | €52,950 | €50,912 | €50,234 | €48,377 | ▼ 3.7% |
| Amounts receivable within one year40/41 | €53,585 | €52,789 | €50,826 | €50,200 | €48,272 | ▼ 3.8% |
| Other amounts receivable41 | - | €52,789 | €50,826 | €50,200 | €48,272 | ▼ 3.8% |
| Cash at bank and in hand54/58 | €1,691 | €161 | €86 | €34 | €105 | ▲ 209% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €55,276 | €52,950 | €50,912 | €50,234 | €48,377 | ▼ 3.7% |
| Equity10/15 | €53,716 | €51,921 | €50,912 | €50,014 | €48,157 | ▼ 3.7% |
| Contributions10/11 | €13,100 | €13,100 | €13,100 | €13,100 | €13,100 | = |
| Capital10 | - | €13,100 | €13,100 | €13,100 | €13,100 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €38,756 | €36,961 | €35,952 | €35,054 | €33,197 | ▼ 5.3% |
| Amounts payable17/49 | €1,560 | €1,029 | - | €220 | €220 | = |
| Amounts payable within one year42/48 | €1,560 | €1,029 | - | €220 | €220 | = |
| Trade debts44 | €1,122 | €1,029 | - | €220 | €220 | = |
| Suppliers440/4 | - | €1,029 | - | €220 | €220 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€992 | -€1,796 | -€1,009 | -€898 | -€1,857 | ▼ 107% |
| Operating cash flow (approximation) | -€992 | -€1,796 | -€1,009 | -€898 | -€1,857 | ▼ 107% |
| Change in cash | - | -€1,530 | -€75 | -€52 | €71 | ▲ 237% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€1,857
Net result drops to -€1,857, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 61.72
Current ratio from 30.66 to 61.72; short-term debt falls from €1,858 to €901.
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 414 days late
18-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1144 days late
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 105 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Liège · 1 establishment unit since 2003
Ground area
85 m²
Building footprint
48 m²
Volume, LiDAR
523 m³
Parcel 62810B0286/00R000, Wallonia · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GENCO
since 20032.133.479.564
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810B0286/00R000 | Wallonia | 85 m² | 1 · 48 m² | 12.1 m · 4 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
GARAGE BART HELLINGS
BE 0628.642.152
Oudsbergen · Eq €48,089
GLOBAL INNOVATION NETWORK
BE 0717.754.567
Ganshoren · Eq €48,066
ADJECTIF
BE 0421.708.488
Anderlecht · Eq €48,304
I.TEL.PARTNERS
BE 0503.950.038
Anderlecht · Eq €47,954
VA CLASSICS
BE 1003.165.585
Duffel · Eq €48,392
Of 4,414 companies in sector 46180 we hold annual accounts for 1,886. 1,348 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)
Founded23-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
Scores and ratios are computed by Checked and are not a credit decision.