GENERATIO
ActiveSummary
GENERATIO has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,729 and a net result of €59,087. Equity has been shrinking by about 5.8% per year since 2020. Its solvency ranks better than 16% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-01-2020 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.298.514.968 8572 Anzegem, since 15-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €147,763
- ▲ 36.5%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €59,087
- ▲ 186%
- Equity
- €84,729
- ▼ 67.0%
- Total assets
- €858,200
- ▼ 16.0%
Score breakdownraises riskLiquidity: current ratio 0.02, cash €3,596, halvedEquity €84,729 (9.9% of total assets)lowers riskSize: total assets €858,200Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 17% of them on solvency, 16% on liquidity, 43% on profitability and 9% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 38 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-06-2026 at the NBB all 6 filings
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result for 2025 is 104% higher than in 2024. It is the third rise in a row, after the fall in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €25,000 | €25,000 | - | - |
| Mortgage mandates | - | €275,000 | €275,000 | - | - |
| Carrying value of the mortgaged assets | - | €445,261 | €688,519 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €133,701 | €889,024 | €133,728 | €15,937 | €3,768 |
| Depreciation and write-downs of the year | €4,971 | €26,697 | €60,394 | €67,668 | €69,273 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €900 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,971 | €26,697 | €60,394 | €67,668 | €69,273 | ▲ 2.4% |
| Other operating charges640/8 | - | €459 | €137,919 | €27,340 | €2,076 | €1,970 | ▼ 5.1% |
| Gross operating margin9900 | €139,400 | €233,472 | €130,928 | €78,271 | €108,225 | €147,763 | ▲ 36.5% |
| Operating profit (loss)9901 | €139,053 | €228,042 | -€33,688 | -€9,463 | €37,581 | €76,519 | ▲ 104% |
| Financial income75/76B | - | €39 | €45 | - | €0 | €516 | - |
| Recurring financial income75 | - | €39 | €45 | - | €0 | €516 | - |
| Financial charges65/66B | - | €28 | €4,075 | €8,332 | €14,482 | €6,681 | ▼ 53.9% |
| Recurring financial charges65 | €29 | €28 | €4,075 | €8,332 | €14,482 | €6,681 | ▼ 53.9% |
| Profit (loss) for the period before taxes9903 | €139,024 | €228,053 | -€37,718 | -€17,795 | €23,099 | €70,355 | ▲ 205% |
| Income taxes67/77 | €29,756 | €49,821 | €720 | €3 | €2,456 | €11,268 | ▲ 359% |
| Profit (loss) for the period9904 | €109,268 | €178,232 | -€38,438 | -€17,798 | €20,642 | €59,087 | ▲ 186% |
| Profit (loss) for the period to be appropriated9905 | €109,268 | €178,232 | -€38,438 | -€17,798 | €20,642 | €59,087 | ▲ 186% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.1m | €0.3m | €1.0m | €1.1m | €1.0m | €0.9m | ▼ 16.0% |
| Fixed assets21/28 | - | €0.1m | €0.9m | €1.0m | €0.9m | €0.9m | ▼ 7.1% |
| Tangible fixed assets22/27 | - | €0.1m | €0.9m | €1.0m | €0.9m | €0.9m | ▼ 7.1% |
| Land and buildings22 | - | - | €0.1m | €0.7m | €0.7m | €0.7m | ▼ 2.6% |
| Plant, machinery and equipment23 | - | €0.04m | €0.2m | €0.2m | €0.002m | €0.001m | ▼ 30.6% |
| Furniture and vehicles24 | - | €0.09m | €0.1m | €0.1m | €0.07m | €0.05m | ▼ 37.5% |
| Other tangible fixed assets26 | - | - | - | - | €0.2m | €0.2m | ▼ 11.7% |
| Assets under construction and advance payments27 | - | - | €0.5m | - | - | - | - |
| Current assets29/58 | €0.1m | €0.2m | €0.1m | €0.08m | €0.1m | €0.005m | ▼ 95.5% |
| Stocks and contracts in progress3 | - | - | €0.06m | €0.06m | €0.06m | €0 | ▼ 100% |
| Stocks30/36 | - | - | €0.06m | €0.06m | €0.06m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | - | €0.06m | €0.03m | €0.02m | €0 | - | - |
| Trade receivables40 | - | €0.06m | €0.03m | €0.02m | €0 | - | - |
| Other amounts receivable41 | - | €179 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.009m | €0.006m | €0.04m | €0.004m | ▼ 91.8% |
| Deferred charges and accrued income490/1 | - | €0.002m | €0.001m | €0.001m | €0.002m | €0.001m | ▼ 42.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.1m | €0.3m | €1.0m | €1.1m | €1.0m | €0.9m | ▼ 16.0% |
| Equity10/15 | €0.1m | €0.3m | €0.3m | €0.2m | €0.3m | €0.08m | ▼ 67.0% |
| Contributions10/11 | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Reserves13 | €0.1m | €0.3m | €0.2m | €0.2m | €0.3m | €0.08m | ▼ 68.3% |
| Distributable reserves133 | - | €0.3m | €0.2m | €0.2m | €0.3m | €0.08m | ▼ 68.3% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €0.03m | €0.03m | €0.7m | €0.8m | €0.8m | €0.8m | ▲ 1.1% |
| Amounts payable after more than one year17 | - | - | €0.4m | €0.3m | €0.5m | €0.5m | ▼ 9.0% |
| Financial debts170/4 | - | - | €0.4m | €0.3m | €0.5m | €0.5m | ▼ 9.0% |
| Amounts payable within one year42/48 | €0.03m | €0.03m | €0.4m | €0.5m | €0.2m | €0.3m | ▲ 24.0% |
| Current portion of amounts payable after more than one year42 | - | - | €0.05m | €0.05m | €0.05m | €0.05m | ▲ 1.7% |
| Trade debts44 | - | €0.03m | €0.02m | €0.001m | €0.006m | €0.001m | ▼ 80.7% |
| Suppliers440/4 | - | €0.03m | €0.02m | €0.001m | €0.006m | €0.001m | ▼ 80.7% |
| Taxes, remuneration and social security45 | - | €0.007m | €0.02m | €0.009m | €0.02m | €0.02m | ▲ 4.1% |
| Taxes450/3 | - | €0.007m | €0.02m | €0.009m | €0.02m | €0.02m | ▲ 4.1% |
| Other amounts payable47/48 | - | - | €0.3m | €0.4m | €0.2m | €0.2m | ▲ 36.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €109,268 | €178,232 | -€38,438 | -€17,798 | €20,642 | €59,087 | ▲ 186% |
| + Depreciation and write-downs630 | - | €4,971 | €26,697 | €60,394 | €67,668 | €69,273 | ▲ 2.4% |
| Operating cash flow (approximation) | €109,268 | €183,203 | -€11,741 | €42,596 | €88,310 | €128,360 | ▲ 45.4% |
| Investment in fixed assets (approximation) | - | - | -€795,376 | -€133,728 | -€15,936 | -€3,768 | ▲ 76.4% |
| Change in cash | - | €18,752 | -€127,296 | -€3,489 | €38,220 | -€40,166 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 875 companies had the same profile as GENERATIO has now. Two years later, 1.4% had gone bankrupt and 96.6% were still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GENERATIO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 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 875 companies, not a prediction for GENERATIO. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00207081 | |
| 31-12-2024 | micro format | 16-06-2025 | 2025-00147393 | |
| 31-12-2023 | micro format | 18-06-2024 | 2024-00145181 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00176702 | |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20156153 | |
| 31-12-2020 | micro format | 17-06-2021 | 2021-22200571 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
GENERATIO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of GENERATIO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-10
Gazette deed
Company renamed from Maghisco-Invest to GENERATIOPurpose change · Power of attorney8 points ▸
- General meeting, 09-10-2023
- Name change, GENERATIO
- Other provision, “waarschuwing identieke of gelijkende benaming, iedere belanghebbende kan wijziging vorderen en schadevergoeding eisen indien grond bestaat” (deed in Dutch)
- Other provision, “vrijstelling voorlezing bestuursverslag, voorzitter ontslagen van voorlezing” (deed in Dutch)
- Other provision, “ontvangst bestuursverslag, enige aandeelhouder” (deed in Dutch)
- Purpose change
- Power of attorney
- Power of attorney, Marieke Monteyne
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
12 activities
- Elke dienstverlening op het gebied van management,het beheer en het bestuur van en alle adviesverlening aan bedrijven,personen en vennootschappen.
- Het waarnemen van bestuursopdrachten en –mandaten,het uitoefenen van opdrachten en functies,het optreden als vereffenaar.
- Het verlenen van diensten,consulting en adviezen aan derden van financiële,technische,commerciële of administratieve aard in de ruimste zin,bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie,financiën,verkoop,productie en algemeen bestuur.
- Het verwerven van participaties,in eender welke vorm,in alle bestaande of op te richten rechtspersonen of ondernemingen;het stimuleren,plannen en coördineren van de ontwikkeling van voormelde rechtspersonen of ondernemingen.
- Activiteiten ivm oldtimers: aan- en verkoop,in- en uitvoer,commissiehandel,verhuur van oldtimers met of zonder chauffeur,reparatie en onderhoud van oldtimers.
- Activiteiten ivm helikopters en vliegtuigen: Het vervoer van personen of goederen door de lucht met helikopters en vliegtuigen,het uitvoeren van rondvluchten,luchtdopen en fotovluchten,luchtreclame,het verhuren van helikopters en vliegtuigen met of zonder piloot,de opleiding van piloten,vliegonderricht,de dienstverlening binnen het gebied van helikopters en vliegtuigen,de aan- en verkoop van helikopters en vliegtuigen,reparatie en onderhoud van helikopters en vliegtuigen.
- De aan- en verkoop,evenals de in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen.
- De aan- en verkoop,vertegenwoordiging,bewaarneming,inrichten van tentoonstellingen,in- en uitvoer van kunstvoorwerpen,meubelen,klein meubilair,schilderijen,zowel antiek als modern,is binnen- en buitenland,en dit alles in de meest uitgebreide zin van het woord.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een eigen onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik,recht van opstal,erfpacht),zoals de huurfinanciering van onroerend goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën;de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende en roerende goederen te bevorderen.
- Zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een eigen roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm;het zich borg stellen of aval verlenen,in de meest ruime zin;alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34002E0315/00D002 | Flanders | 518 m² | 1 · 477 m² | 7.3 m · 2 |