GENERAL ESTATES
ActiveGENERAL ESTATES has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-278k) and a net result of €-62k. Equity is shrinking by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 8% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
15
/ 100
Critical▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency33▼-1
Growth22=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.51 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-61.8%
Return on assets
-13.7%
Age of the figures
20 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€278k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
140 d late
2023
61 d late
2022
60 d early
2021
3 d early
2020
1 d early
2019
231 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€16k▼ 36.7%
2021 · €26k
2018: €74k
2019: €72k
2020: €3k
2021: €26k
2018 → 2022
EBIT margin
-80.2%▲ 665.7pp
2021 · -745.8%
2018: 60.5%
2019: 63.3%
2020: -1177.3%
2021: -745.8%
2018 → 2022
Net result
€-62k▲ 49.1%
2023 · €-121k
2018: €11k
2019: €10k
2020: €-53k
2021: €-218k
2022: €-29k
2023: €-121k
2018 → 2024
Working capital
€-380k▼ 101%
2023 · €-189k
2018: €189k
2019: €176k
2020: €117k
2021: €-102k
2022: €-164k
2023: €-189k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€3k-€26k▲ 647%€16k▼ 36.7%
Equity€151k-€-66k€-95k▼ 43.7%€-217k▼ 128%€-278k▼ 28.5%
Operating result€-41k-€-193k▼ 373%€-13k▲ 93.2%€-75k▼ 474%€-50k▲ 33.3%
Net result€-53k-€-218k▼ 311%€-29k▲ 86.7%€-121k▼ 319%€-62k▲ 49.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €50k in 2024 against €75k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €451k
Fixed assets
€101k▼ 23.1%
Current assets
€350k▲ 76.6%
Key figures and ratios
EBITDA
€-20k▲
2023 · €-55k
Cash flow
€-31k▲
2023 · €-101k
Solvency
-61.8%▲
2023 · -65.8%
Current ratio
0.48▼
2023 · 0.51
Quick ratio
0.48▼
2023 · 0.51
Debt / equity
-2.62▼
2023 · -2.52
ROE
22.2%▼
2023 · 56.1%
ROA
-13.7%▲
2023 · -36.9%
Interest coverage
-1.72▼
2023 · -1.20
Debt
€729k▲
2023 · €546k
Debt ≤ 1 year
€729k▲
2023 · €387k
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€329k€451k▲
Fixed assets21/28€132k€101k▼
Tangible fixed assets22/27€132k€101k▼
Land and buildings22€132k€101k▼
Current assets29/58€198k€350k▲
Amounts receivable within one year40/41€198k€349k▲
Trade receivables40€41k€191k▲
Other amounts receivable41€157k€158k▲
Cash at bank and in hand54/58€128€620▲
Equity and liabilities
Total equity and liabilities10/49€329k€451k▲
Equity10/15€-217k€-278k▼
Contributions10/11€155k€155k=
Capital10€155k€155k=
Issued capital100€155k€155k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Profit (loss) carried forward14€-387k€-449k▼
Amounts payable17/49€546k€729k▲
Amounts payable after more than one year17€159k-
Financial debts170/4€159k-
Amounts payable within one year42/48€387k€729k▲
Trade debts44€98k€109k▲
Suppliers440/4€98k€109k▲
Other amounts payable47/48€289k€620k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€30k▲
Other operating charges640/8€86k€14k▼
Gross operating margin9900€31k€-6k▼
Operating profit (loss)9901€-75k€-50k▲
Financial income75/76B€28-
Recurring financial income75€28-
Financial charges65/66B€46k€12k▼
Recurring financial charges65€46k€12k▼
Profit (loss) for the period before taxes9903€-121k€-62k▲
Profit (loss) for the period9904€-121k€-62k▲
Profit (loss) for the period to be appropriated9905€-121k€-62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-387k€-449k▼
Profit (loss) brought forward from the previous period14P€-266k€-387k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 140 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-218k
Net result drops to €-218k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 231 days late
2019
31-12
Financial
Equity above €200kEq €204k ▲4.9%
2 profitable years in a row build equity to €204k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 1993
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.
Jamarlaan 91060 Sint-Gillis (bij-Brussel)Ground area
352 m²
Building footprint
133 m²
Volume, LiDAR
2,090 m³
Parcel 21562A0397/00C006, Brussels · tallest building 22.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Jamarlaan 9, 1060 Sint-Gillis (bij-Brussel)
since 19932.062.396.281
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0397/00C006 | Brussels | 352 m² | 1 · 133 m² | 22.4 m · 5 fl. |
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.
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FRAICO
BE 0453.453.422
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MEDISSEY
BE 0866.425.477
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De Vossenberg
BE 0758.461.311
Hooglede · Eq €150k
Of 2,383 companies in sector 55100 we hold annual accounts for 1,507. 1,091 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-03-1993
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.