GENERATION HIGH TECH
Open bankruptcyA bankruptcy procedure is open for GENERATION HIGH TECH according to publications in the Belgian State Gazette; curator: ENSCH YSABELLE.
Summary
The 2024 annual accounts show equity of €80,505 and a net result of €27,976.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Commercial Court of Brussels
- Declared bankrupt
- 16 May 2017
- Official Gazette
- 19-05-2017 (pdf) ↗search the document for 2017/120393
Deadlines
- Appeal or third-party opposition until
- passed on 3 June 2017Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 June 2017art. XX.104 and XX.155 CEL
- First verification report
- passed on 21 June 2017Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 16 May 2018Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Ensch YsabelleAvenue Louise 349, B 17, 1050 Bruxelles 5
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 242 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 21-05-2026, 475 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 filed
2024
475 d late
2023
841 d late
2022
48 d late
2021
5 d early
2020
2 d early
2018
16 d early
← 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 224 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Other information technology and computer services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€80,505▲ 53.3%
2023 · €52,529
Total assets
€1.3m▲ 9.4%
2023 · €1.2m
Net result
€27,976▼ 46.0%
2023 · €51,803
Working capital
€247,690▲ 13.1%
2023 · €219,060
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€16,799-€32,031▲ 90.7%€31,505▼ 1.6%€6,061▼ 80.8%€118,963▲ 1,863%
Net result-€15,762below the sector's middle half-€19,185within the sector's middle half€22,181within the sector's middle half▲ 15.6%€51,803above the sector's middle half▲ 134%€27,976within the sector's middle half▼ 46.0%
Equity-€40,639below the sector's middle half--€21,454below the sector's middle half▲ 47.2%€726below the sector's middle half€52,529within the sector's middle half▲ 7,131%€80,505within the sector's middle half▲ 53.3%
Total assets€906,269above the sector's middle half-€817,288above the sector's middle half▼ 9.8%€927,677above the sector's middle half▲ 13.5%€1.2mabove the sector's middle half▲ 26.7%€1.3mabove the sector's middle half▲ 9.4%
Debt€946,908-€838,742▼ 11.4%€926,951▲ 10.5%€1.1m▲ 21.1%€1.2m▲ 7.3%
Working capital€127,971above the sector's middle half-€147,156above the sector's middle half▲ 15.0%€169,336above the sector's middle half▲ 15.1%€219,060above the sector's middle half▲ 29.4%€247,690above the sector's middle half▲ 13.1%
Solvency-4.5%below the sector's middle half--2.6%below the sector's middle half▲ 1.9pp0.1%below the sector's middle half▲ 2.7pp4.5%below the sector's middle half▲ 4.4pp6.3%below the sector's middle half▲ 1.8pp
Current ratio1.16below the sector's middle half-1.22below the sector's middle half▲ 0.061.22below the sector's middle half=1.23below the sector's middle half▲ 0.011.24below the sector's middle half▲ 0.01
Return on assets (ROA)-1.7%below the sector's middle half-2.3%below the sector's middle half▲ 4.1pp2.4%below the sector's middle half=4.4%within the sector's middle half▲ 2.0pp2.2%below the sector's middle half▼ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,863% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets
€1,941 ▼ 25.2%
Current assets
€1.3m ▲ 9.5%
Equity and liabilities €1.3m
Equity
€80,505 ▲ 53.3%
Debt
€1.2m ▲ 7.3%
Debt's share of the balance-sheet total falls from 95.5% to 93.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119,616▲
2023 · €6,486
Cash flow
€28,629▼
2023 · €52,227
Debt to equity
14.97▼
2023 · 21.37
ROE
34.8%▼
2023 · 98.6%
Interest coverage
82.73▲
2023 · 2.63
Debt ≤ 1 year
€1.0m▲
2023 · €953,567
Debt > 1 year
€169,125=
2023 · €169,125
Income taxes
€31,542
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €425 | €653 | ▲ 53.8% |
| Other operating charges640/8 | - | - | - | €389 | - | - |
| Gross operating margin9900 | €17,269 | €32,086 | €31,505 | €6,875 | €119,616 | ▲ 1,640% |
| Operating profit (loss)9901 | €16,799 | €32,031 | €31,505 | €6,061 | €118,963 | ▲ 1,863% |
| Financial income75/76B | - | - | €0 | €48,706 | €2 | ▼ 100.0% |
| Recurring financial income75 | - | €303 | €0 | €6 | €2 | ▼ 72.4% |
| Non-recurring financial income76B | - | - | - | €48,700 | - | - |
| Financial charges65/66B | - | - | €953 | €2,965 | €59,446 | ▲ 1,905% |
| Recurring financial charges65 | €666 | €5,851 | €953 | €2,465 | €1,446 | ▼ 41.3% |
| Non-recurring financial charges66B | - | - | - | €500 | €58,000 | ▲ 11,500% |
| Profit (loss) for the period before taxes9903 | -€11,789 | €26,484 | €30,552 | €51,803 | €59,518 | ▲ 14.9% |
| Income taxes67/77 | €3,973 | €7,299 | €8,371 | - | €31,542 | - |
| Profit (loss) for the period9904 | -€15,762 | €19,185 | €22,181 | €51,803 | €27,976 | ▼ 46.0% |
| Profit (loss) for the period to be appropriated9905 | -€15,762 | €19,185 | €22,181 | €51,803 | €27,976 | ▼ 46.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €906,269 | €817,288 | €927,677 | €1.2m | €1.3m | ▲ 9.4% |
| Fixed assets21/28 | €515 | €515 | €515 | €2,594 | €1,941 | ▼ 25.2% |
| Tangible fixed assets22/27 | - | - | - | €2,079 | €1,426 | ▼ 31.4% |
| Furniture and vehicles24 | - | - | - | €2,079 | €1,426 | ▼ 31.4% |
| Financial fixed assets28 | €515 | €515 | €515 | €515 | €515 | = |
| Current assets29/58 | €905,754 | €816,773 | €927,162 | €1.2m | €1.3m | ▲ 9.5% |
| Amounts receivable within one year40/41 | €846,260 | €746,972 | €864,037 | €1.1m | €1.2m | ▲ 10.1% |
| Trade receivables40 | - | - | €97,629 | €219,254 | €345,153 | ▲ 57.4% |
| Other amounts receivable41 | - | - | €766,408 | €896,687 | €883,861 | ▼ 1.4% |
| Cash at bank and in hand54/58 | €6,665 | €2,894 | €16,777 | €12,081 | €158 | ▼ 98.7% |
| Deferred charges and accrued income490/1 | - | - | €46,348 | €44,605 | €54,478 | ▲ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €906,269 | €817,288 | €927,677 | €1.2m | €1.3m | ▲ 9.4% |
| Equity10/15 | -€40,639 | -€21,454 | €726 | €52,529 | €80,505 | ▲ 53.3% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €33,610 | €33,610 | €33,610 | €33,610 | €33,610 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | €31,750 | €31,750 | €31,750 | = |
| Profit (loss) carried forward14 | -€92,849 | -€73,664 | -€51,484 | €319 | €28,295 | ▲ 8,770% |
| Amounts payable17/49 | €946,908 | €838,742 | €926,951 | €1.1m | €1.2m | ▲ 7.3% |
| Amounts payable after more than one year17 | €169,125 | €169,125 | €169,125 | €169,125 | €169,125 | = |
| Financial debts170/4 | - | - | €169,125 | €169,125 | €169,125 | = |
| Amounts payable within one year42/48 | €777,783 | €669,617 | €757,826 | €953,567 | €1.0m | ▲ 8.6% |
| Financial debts43 | - | - | - | - | €7 | - |
| Credit institutions430/8 | - | - | - | - | €7 | - |
| Trade debts44 | €119,174 | €14,077 | €67,880 | €245,851 | €302,408 | ▲ 23.0% |
| Suppliers440/4 | - | - | €67,880 | €245,851 | €302,408 | ▲ 23.0% |
| Advances received on contracts in progress46 | - | - | €8,605 | €9,332 | €9,332 | = |
| Taxes, remuneration and social security45 | - | - | €27,309 | €43,561 | €69,391 | ▲ 59.3% |
| Taxes450/3 | - | - | €27,309 | €43,561 | €69,391 | ▲ 59.3% |
| Other amounts payable47/48 | - | - | €654,032 | €654,823 | €654,823 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,762 | €19,185 | €22,181 | €51,803 | €27,976 | ▼ 46.0% |
| + Depreciation and write-downs630 | - | - | - | €425 | €653 | ▲ 53.8% |
| Operating cash flow (approximation) | -€15,762 | €19,185 | €22,181 | €52,227 | €28,629 | ▼ 45.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,503 | €0 | ▲ 100% |
| Change in cash | - | -€3,771 | €13,882 | -€4,695 | -€11,924 | ▼ 154% |
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
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 475 days late
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 841 days late
2023
30-06
Financial
Highest result since 2020net €51,803 ▲134%
Net result €51,803, the highest in the series.
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 48 days late
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €19,185
Net result €19,185 after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 365 days late
2017
19-05
Bankruptcy
Opening
Tribunal de commerce francophone de Bruxelles · event 16-05-2017
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 325 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 482 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Etterbeek · 1 establishment unit since 2001
Ground area
443 m²
Building footprint
222 m²
Volume, LiDAR
3,470 m³
Parcel 21362B0285/00R002, Brussels · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
55
companies at this address
See who is registered here
1 establishment unit
GHT
since 20012.179.198.040
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0285/00R002 | Brussels | 443 m² | 1 · 221 m² | 20.1 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ENSCH YSABELLE AVENUE LOUISE 349, B 17, 1050 BRUXELLES 5 |
16-05-2017 → present |
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 1,403 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)
Founded08-01-2001
Fiscal year end30-06
Abbreviation FR
GHT
Activities, NACEBEL 2025
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473766509
Also
9925:BE0473766509
Registered
06-02-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.