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GENCO

Active Private limited companyfounded 2003active for 22 yearsTurnhoutsebaan 159, 2390 MalleKBO/BCE: BE 0861.995.151

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
peak €101,248 (2021)
€25,116▼ 70.1%
lowest -€47,766 (2007)
-€18,906▼ €58,707
peak €16,089 (2024)
-€2,818▼ €18,906
€126,915▼ 32.1%
Board3 names since 2007
2 directors and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from €84,076 to €25,116Loss of €18,906Share split 05-12Equity from €16,089 to -€2,818Debts from €186,911 to €126,915Cash from €76,137 to €7,766

Key points

from the 2025 annual accounts

Equity

-€2,818
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€18,906 -€18,906
€39,8002024-€18,9002025

From profit to loss in 2025, after a profit of €39,801 in 2024.

Turnover

≈ €68,000 estimated

The micro format states no turnover.

Debts

€126,915 102% of the balance sheet
Suppliers 18%Taxes and wages 1%Other 81%

Of this, €36,688 falls due within a year.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Three of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.

Position in the sector

-€18,906

Lower net result than 85% of companies in crop and animal production. Sector median €7,109 · 3,719 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,619 companies had the same profile as GENCO has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,619 companies, not a prediction for GENCO. 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.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Share split Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0861995151
Company renamed from Het Eikehof to GENCO Issue of 186 shares · Change of role: , from statutory director to director · “Teelt van granen (m.u.v. rijst),peulgewassen en oliehoudende zaden; Boomkwekerijen,m.u.v. bosboomkwekerijen…” (deed in Dutch) · Gazette deed
Appointments: (statutory manager) and (statutory manager) General meeting of 27-06-2016 · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
GENCO Malle €124,097 €25,116 -2.3% -
TER DONK Beveren-Kruibeke-Zwijndrecht €132,530 €17,742 22.8% -
Dryfus Wichelen €128,871 €35,705 66.3% -
PARAMEDISOINS Soignies €81,891 €41,866 55.5% -
HOOGMAATHEIDE Lommel €173,156 €45,215 64.9% 0.5
BIA ENGINEERING As €196,104 €49,222 47.2% -
M Consult Soumagne €163,312 €38,176 37.1% -

These companies have the same main activity as GENCO: raising of other animals (NACE 01480). They are comparable in size and age: total assets between €81,900 and €196,000, founded between 1998 and 2012.

Official details

Source: KBO
Status
Active since 03-12-2003Normal situation
Activity
Raising of other animalsNACE 01480
Establishment unit
2.162.424.1662390 Malle, since 10-04-2007
Financial year end
31 December
Peppol
Reachable since 26-07-2024
Company details

Annual accounts 2025

€124,097▼ 38.9%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on GENCO

GENCO files the micro format. That format states no turnover. The gross margin rose from -€2,479 in 2007 to €25,116 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GENCO

What is the company number of GENCO?
The company number of GENCO is 0861.995.151. The VAT number is the same number with BE in front: BE 0861.995.151.
Where is GENCO based?
The registered office is at Turnhoutsebaan 159, 2390 Malle.Company details
What does GENCO do?
According to the KBO register, the main activity is raising of other animals (NACE 01480).
What is the legal form of GENCO?
GENCO is a private limited company (BV).
When was GENCO founded?
GENCO was founded on 03-12-2003.
Is GENCO still active?
Yes, GENCO is an active enterprise in the KBO register.
What is the turnover of GENCO?
The turnover in financial year 2025 is ≈ €68,000. This figure is estimated from the gross margin of €25,116 and 40 comparable companies (NACE 01). It probably lies between €45,000 and €100,000.Financials
Is GENCO profitable?
In financial year 2025, GENCO made a loss of €18,906.
Where can I find the annual accounts of GENCO?
GENCO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GENCO due?
GENCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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