GENERATION USA
ActiveSummary
GENERATION USA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€53,062) and a net result of -€1,434. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 9% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▲+15
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.49 in 2024; short-term debt: 206.6% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 2025Solvency, return and age of the figures
Solvency
-106.6%
Return on assets
-2.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€53,062
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d late
2023
37 d late
2022
on the day
2021
12 d late
2020
31 d late
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€53,062▼ 2.8%
2024 · -€51,628
Total assets
€49,775▼ 1.3%
2024 · €50,424
Net result
-€1,434▲ 14.0%
2024 · -€1,668
Working capital
-€53,062▼ 2.8%
2024 · -€51,628
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€3,012▼ 44.5%-€1,675-€2,097▼ 25.2%-€1,591▲ 24.1%-€1,384▲ 13.0%
Net result€2,959within the sector's middle half▼ 43.6%-€1,746within the sector's middle half-€2,136within the sector's middle half▼ 22.4%-€1,668within the sector's middle half▲ 21.9%-€1,434within the sector's middle half▲ 14.0%
Equity-€46,077below the sector's middle half▲ 6.0%-€47,823below the sector's middle half▼ 3.8%-€49,960below the sector's middle half▼ 4.5%-€51,628below the sector's middle half▼ 3.3%-€53,062below the sector's middle half▼ 2.8%
Total assets€59,088below the sector's middle half▼ 3.3%€56,922below the sector's middle half▼ 3.7%€52,194below the sector's middle half▼ 8.3%€50,424below the sector's middle half▼ 3.4%€49,775below the sector's middle half▼ 1.3%
Debt€105,165▼ 4.5%€104,745▼ 0.4%€102,154▼ 2.5%€102,053▼ 0.1%€102,837▲ 0.8%
Working capital-€47,611below the sector's middle half▲ 6.8%-€48,846below the sector's middle half▼ 2.6%-€50,471below the sector's middle half▼ 3.3%-€51,628below the sector's middle half▼ 2.3%-€53,062below the sector's middle half▼ 2.8%
Solvency-78.0%below the sector's middle half▲ 2.3pp-84.0%below the sector's middle half▼ 6.0pp-95.7%below the sector's middle half▼ 11.7pp-102.4%below the sector's middle half▼ 6.7pp-106.6%below the sector's middle half▼ 4.2pp
Current ratio0.55below the sector's middle half▲ 0.010.53below the sector's middle half▼ 0.010.51below the sector's middle half▼ 0.030.49below the sector's middle half▼ 0.010.48below the sector's middle half▼ 0.01
Return on assets (ROA)5.0%within the sector's middle half▼ 3.6pp-3.1%below the sector's middle half▼ 8.1pp-4.1%below the sector's middle half▼ 1.0pp-3.3%within the sector's middle half▲ 0.8pp-2.9%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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 stays negative: a loss of €1,384 in 2025 against €1,591 in 2024; the loss shrinks.
Key figures and ratios
Quick ratio
0.00▼
2024 · 0.00
Debt to equity
-1.94▲
2024 · -1.98
Debt ≤ 1 year
€102,837▲
2024 · €102,053
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.5%
went bankrupt
5.6%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,338 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €511 | €511 | €511 | €511 | - | - |
| Other operating charges640/8 | €641 | €784 | €820 | €647 | €670 | ▲ 3.5% |
| Gross operating margin9900 | €4,165 | -€380 | -€765 | -€433 | -€715 | ▼ 65.1% |
| Operating profit (loss)9901 | €3,012 | -€1,675 | -€2,097 | -€1,591 | -€1,384 | ▲ 13.0% |
| Financial income75/76B | €49 | €19 | - | - | - | - |
| Recurring financial income75 | €49 | €19 | - | - | - | - |
| Financial charges65/66B | €102 | €90 | €39 | €77 | €50 | ▼ 35.3% |
| Recurring financial charges65 | €102 | €90 | €39 | €77 | €50 | ▼ 35.3% |
| Profit (loss) for the period before taxes9903 | €2,959 | -€1,746 | -€2,136 | -€1,668 | -€1,434 | ▲ 14.0% |
| Profit (loss) for the period9904 | €2,959 | -€1,746 | -€2,136 | -€1,668 | -€1,434 | ▲ 14.0% |
| Profit (loss) for the period to be appropriated9905 | €2,959 | -€1,746 | -€2,136 | -€1,668 | -€1,434 | ▲ 14.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59,088 | €56,922 | €52,194 | €50,424 | €49,775 | ▼ 1.3% |
| Fixed assets21/28 | €1,534 | €1,023 | €511 | - | - | - |
| Tangible fixed assets22/27 | €1,534 | €1,023 | €511 | - | - | - |
| Land and buildings22 | €1,534 | €1,023 | €511 | - | - | - |
| Current assets29/58 | €57,554 | €55,899 | €51,682 | €50,424 | €49,775 | ▼ 1.3% |
| Stocks and contracts in progress3 | €54,763 | €52,694 | €50,719 | €49,993 | €49,362 | ▼ 1.3% |
| Stocks30/36 | €54,763 | €52,694 | €50,719 | €49,993 | €49,362 | ▼ 1.3% |
| Amounts receivable within one year40/41 | €139 | €693 | €230 | €192 | €252 | ▲ 31.4% |
| Other amounts receivable41 | €139 | €693 | €230 | €192 | €252 | ▲ 31.4% |
| Cash at bank and in hand54/58 | €2,521 | €2,377 | €596 | €99 | €17 | ▼ 83.2% |
| Deferred charges and accrued income490/1 | €131 | €135 | €138 | €141 | €145 | ▲ 2.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59,088 | €56,922 | €52,194 | €50,424 | €49,775 | ▼ 1.3% |
| Equity10/15 | -€46,077 | -€47,823 | -€49,960 | -€51,628 | -€53,062 | ▼ 2.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€64,677 | -€66,423 | -€68,560 | -€70,228 | -€71,662 | ▼ 2.0% |
| Amounts payable17/49 | €105,165 | €104,745 | €102,154 | €102,053 | €102,837 | ▲ 0.8% |
| Amounts payable within one year42/48 | €105,165 | €104,745 | €102,154 | €102,053 | €102,837 | ▲ 0.8% |
| Trade debts44 | - | €135 | €742 | €184 | €816 | ▲ 344% |
| Suppliers440/4 | - | €135 | €742 | €184 | €816 | ▲ 344% |
| Taxes, remuneration and social security45 | €403 | €297 | €191 | €47 | - | - |
| Taxes450/3 | €403 | €297 | €191 | €47 | - | - |
| Other amounts payable47/48 | €104,762 | €104,312 | €101,221 | €101,821 | €102,021 | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,959 | -€1,746 | -€2,136 | -€1,668 | -€1,434 | ▲ 14.0% |
| + Depreciation and write-downs630 | €511 | €511 | €511 | €511 | - | - |
| Operating cash flow (approximation) | €3,471 | -€1,235 | -€1,625 | -€1,157 | -€1,434 | ▼ 24.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€144 | -€1,781 | -€497 | -€82 | ▲ 83.5% |
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
Next filing, fiscal year 2026, expected by
2026
12-08
State Gazette act
Resignation: VACHER Yohan Norman Julien (manager)Reappointment: VACHER Yohan Norman Julien (non-statutory director) · Permanent representative: VACHER Yohan Norman Julien · Name change15 facts ▸
State Gazette act
Resignation: VACHER Yohan Norman Julien (manager)
Reappointment: VACHER Yohan Norman Julien (non-statutory director) · Permanent representative: VACHER Yohan Norman Julien · Name change15 facts ▸
- General meeting, à l’unanimité des voix, assemblée générale extraordinaire des actionnaires
- Name change, YV INVEST
- Purpose change
- Legal-form conversion, société à responsabilité limitée
- Capital conversion, 18600, EUR
- Reserve release, suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distributions futures
- Statutes amendment
- Director resignation, VACHER Yohan Norman Julien (manager)
- Director reappointment, VACHER Yohan Norman Julien (non-statutory director)
- Director discharge, VACHER Yohan Norman Julien
- Permanent representative, VACHER Yohan Norman Julien (permanent representative)
- Power of attorney, Mathilde VAN DEN BERGH
- +3 further facts in this act
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €5,244
Net result €5,244 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
VACHER Yohan Norman Julien
CurrentNon-statutory director
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2015
Ground area
4,696 m²
Building footprint
1,259 m²
Volume, LiDAR
9,326 m³
Parcel 54007B0664/00D000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
GENERATION USA
since 20152.238.122.966
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0664/00D000 | Wallonia | 4,696 m² | 1 · 1,259 m² | 8.5 m · 2 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.
Mandate history
1 person since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VACHER Yohan Norman Julien |
|
Articles of association
Who signs
Each director alone
Annual meeting
Fourth Thursday of June at 18:00
Duration
Unlimited
Purpose
L’exploitation d’un snack, tea-room; L’organisation de soirées à thèmes et d’évènements divers; La location de véhicules à moteur; L’achat, le négoce, les activités d’import-export…
Full purpose (14 activities)
- L’exploitation d’un snack, tea-room.
- L’organisation de soirées à thèmes et d’évènements divers.
- La location de véhicules à moteur.
- L’achat, le négoce, les activités d’import-export de biens mobiliers de toutes natures.
- L’achat, l’échange, la vente, le conseil, la négociation, la promotion immobilière, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec ou sans option d’achat, l’exploitation et l’entretien de maisons, appartements, bureaux, magasins, fonds de commerce, garages et parking, terrains, terres et domaines, et de manière générale, de tous biens immobiliers, ainsi que toutes opérations de financement.
- La construction, la reconstruction, la transformation et/ou la rénovation, la valorisation de tous biens immeubles quelconques, bâtis ou non bâtis, urbains ou ruraux, vu la destination privée, commerciale, industrielle ou agricole.
- Les activités relatives à la coordination de tous travaux lors de leur exécution par des sous-traitants.
- La prospection, la recherche de sites et les études de faisabilité de tous types d’opérations immobilières.
- La conception, la réalisation, l’organisation et la coordination de tous projet de promotion immobilière.
- La société peut, d’une façon générale, accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partiellement, la réalisation.
- Elle peut notamment, sans que cette énumération soit limitative, acheter, vendre, échanger, prendre ou donner en location, tous les meubles et immeubles ; prendre, obtenir, concéder, acheter ou vendre tous brevets, marques de fabriques ou licences ; prendre des participations par voie d’association, apport, souscription, fusion, ou de toute autre manière dans toutes sociétés et entreprises existantes, ou à créer.
- La société pourra fournir des garanties réelles ou personnelles au profit des sociétés ou entreprises dans lesquelles elle est intéressée.
- La société peut accepter et exercer un mandat d’administrateur ou de liquidateur dans toutes sociétés, quel que soit son objet.
- Au cas où la prestation de certains actes serait soumise à des conditions préalables d’accès à la profession, la société subordonnera son action, en ce qui concerne la prestation de ces actes, à la réalisation de ces conditions.
Name clause
YV INVEST
Legal form clause
Société à responsabilité limitée
Registered office clause
Ne peut entraîner une modification de la langue des statuts en vertu de la règlementation linguistique applicable, Région wallonne
Capital
Article 5. Apport
Other statement
Appels de fonds, determine librement au fur et a mesure des besoins aux epoques jugees utiles
Apport en numéraire avec émission de nouvelles actions – Droit de préférence, courrier_electronique_ou_courrier_ordinaire_si_pas_d'adresse_electronique_envoye_l…
Indivisibilité des actions, statuts_testament_ou_convention_creant_l'usufruit
Pouvoir d'administration, sous réserve de ceux que la loi et les statuts réservent à l'assemblée générale
Rémunération des administrateurs, fixe ou proportionnelle
Gestion journalière, l'organe d'administration
Contrôle de la société, un ou plusieurs commissaires
Admission à l'assemblée générale, titulaire de titres nominatifs doit être inscrit dans le registre des titres nominatifs relatif à sa catégorie
Séances et procès-verbaux, procès-verbaux des décisions de l'assemblée ou de l'actionnaire unique consignés dans un registre tenu au siège
Chaque action donne droit à une voix, délibérations
Au plus tard le 5ème jour qui précède la date, par voie électronique à l'adresse indiquée dans la convocation
Assemblée générale par procédure écrite, toutes les décisions relevant du pouvoir de l'assemblée, à l'exception de celles visant une modification des statuts
Article 23. Prorogation
Répartition-réserves, 12 mois à compter de distribution
Communications,sommations,assignations,significations, élection de domicile
Affaires société et exécution statuts, compétence judiciaire
Droit commun, réputées inscrites
1 more provision on this in the deed
Share class
Article 8. Nature des actions
Transfer restriction
Article 10. Cession d’actions
Board rule
Personnes physiques ou morales actionnaires ou non, avec ou sans limitation de duree
Dissolution rule
Modifications aux statuts, assemblée générale
Liquidation rule
En vertu des statuts, si aucun autre liquidateur désigné
Liquidation distribution
Remis même proportion, apurement dettes charges frais ou consignation
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Capital over the years
- 12-08-2026 Capital conversion · 18,600 EUR
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,146 companies in sector 46190 we hold annual accounts for 2,577. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
56112Limited-service restaurants, excluding mobile food services
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0507890020
Also
9925:BE0507890020
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.