Turnover
≈ €690,000 estimated
The accounts state no turnover.
GENERACTION 3
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2003peak €235,044 (2023)
€227,006▲ 12.9%
lowest -€137,920 (2022)
€4,336▲ 68.9%
peak €361,854 (2021)
€312,561▲ 1.4%
€84,460▲ 31.5%
peak 5 FTE (2008)
-not published
Board3 names since 2024
2 directors and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Gross margin from €201,059 to €227,006Result from €2,567 to €4,336Debts from €64,238 to €84,460Cash from €27,248 to €41,495
Key points
from the 2025 annual accountsFilings
22 annual accounts 24 filings since 2003
Nine of the last ten came late. The 2018 accounts came latest: 83 days after the end of the period.
Position in the sector
78.7%
Higher solvency than 91% of companies in food and beverage service. Sector median 29.8% · 4,125 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as GENERACTION 3 has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,044 companies, not a prediction for GENERACTION 3. 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
- associée activedeed of 09-10-2024
- deed of 09-10-2024
- deed of 09-10-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0480073091
2 directors appointed, 1 resignation
Transfer of shares from to · Transfer of shares from to · Resignation: · General meeting of 30-09-2024 · Gazette deed
Share transfer
Transfer of shares from to · is a shareholder · Gazette deed
First establishment
Le Lion Belge, Leuvensesteenweg 1002, Evere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GENERACTION 3 Evere | €397,021 | €227,006 | 78.7% | - |
| De Velddreef Jabbeke | €386,219 | €220,952 | 64.3% | - |
| DDK Manhay | €396,646 | €220,905 | 81.2% | - |
| DA VINCI 2 Antwerp | €425,799 | €238,500 | 39.1% | - |
| KOWLOON TIENEN Tienen | €367,087 | €231,299 | 84.1% | - |
| CHEZ JI Péruwelz | €415,061 | €207,400 | 72.9% | - |
| M 126 Merelbeke-Melle | €377,014 | €249,312 | 16.8% | - |
These companies have the same main activity as GENERACTION 3: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €367,000 and €426,000, founded between 2001 and 2004.
Official details
Source: KBO- Status
- Active since 23-04-2003Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.131.906.6791140 Evere, since 23-05-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Insights on GENERACTION 3
GENERACTION 3 files the abbreviated format. That format states no turnover. The gross margin rose from €195,032 in 2006 to €227,006 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 GENERACTION 3
- What is the company number of GENERACTION 3?
- The company number of GENERACTION 3 is 0480.073.091. The VAT number is the same number with BE in front: BE 0480.073.091.
- Where is GENERACTION 3 based?
- The registered office is at Leuvensesteenweg 1002, 1140 Evere.Company details
- What does GENERACTION 3 do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of GENERACTION 3?
- GENERACTION 3 is a private limited company (pre-2019) (BVBA).
- When was GENERACTION 3 founded?
- GENERACTION 3 was founded on 23-04-2003.
- Is GENERACTION 3 still active?
- Yes, GENERACTION 3 is an active enterprise in the KBO register.
- How many employees does GENERACTION 3 have?
- GENERACTION 3 had an average of 3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of GENERACTION 3?
- The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €227,006 and 31 comparable companies (NACE 56111). It probably lies between €570,000 and €760,000. In financial year 2023 turnover was €827,749.
- Is GENERACTION 3 profitable?
- In financial year 2025, GENERACTION 3 made a profit of €4,336.
- Where can I find the annual accounts of GENERACTION 3?
- GENERACTION 3 filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GENERACTION 3 due?
- GENERACTION 3 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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