Generations · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Generations is 2.8% (moderate). The 2024 annual accounts show equity of €14k and a net result of €-2k. Its solvency ranks better than 76% of 6723 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.8% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Timeline

What happened to this company, by date

State Gazette, CBE and NBB in one series

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

All 4 State Gazette act 2 NBB filing 2

2022 2023 2024 2025

2025

14-11-2025 State Gazette act Director changes

v3.2

10-06-2025 NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

29-07-2024 NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2022

04-02-2022 State Gazette act Incorporation

oprichting

Financials

TurnoverNot published (micro schema)

EBIT marginNot published (micro schema)

Net result€-2k+30.3%

Working capital€17k-7.9%

CSV export

Financial health

FY 2024 · computed · 5 of 5 axes measured

70 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

The score above is a single figure for the whole company. The axes below set that score, as the Health axis, beside the other dimensions, so you can see whether a good score holds everywhere or rests on one point.

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 70

Profitability 0

Solvency 95

Growth 58

Stability 94

Figures by fiscal year

Source: NBB · 2024

Annual accounts filed on 10-06-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	50.5%	20.4%	better than 76% of 6723 sector peers
Net result	€-2k	€4k	better than 29% of 6704 sector peers
Equity	€14k	€16k	better than 48% of 6738 sector peers
Gross operating margin	€-2k	€24k	better than 16% of 6682 sector peers
Total assets	€28k	€94k	better than 20% of 6727 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€-2k

+30.3% 23-24

Total assets

€28k

+50.5% 23-24

Equity

€14k

-14.1% 23-24

Working capital

€17k

-7.9% 23-24

Debt

€14k

+548.3% 23-24

Debt ≤ 1y

€11k

+6862.7% 23-24

Current ratio

2.54

-97.8% 23-24

Quick ratio

1.18

-99.0% 23-24

Solvency

50.5%

-42.9% 23-24

Debt / equity

0.98

+654.9% 23-24

ROE

-16.4%

+18.8% 23-24

ROA

-8.3%

+53.7% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro schema
Revenue	-
EBITDA	-
Net profit	€-2k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€28k
Equity	€14k
Debt	€14k
of which ≤ 1y	€11k
of which > 1y	-
Working capital	€17k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.54
Quick ratio	1.18
Working capital ratio	60.7%
Solvency	50.5%
Debt / equity	0.98
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-8.3%
ROE	-16.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €14k · 50.5% Debt €14k · 49.5%

Full annual accounts (18 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€28k
Current assets	29/58	€28k
Stocks & contracts in progress	3	€15k
Amounts receivable within one year	40/41	€13k
Cash & bank	54/58	€10
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€28k
Equity	10/15	€14k
Contributions / capital	10/11	€20k
Accumulated profits (losses)	14	€-6k
Amounts payable	17/49	€14k
Amounts payable within one year	42/48	€11k
Income statement
Gross operating margin	9900	€-2k
Operating result	9901	€-2k
Financial income	75	€45
Financial charges	65	€59
Result before taxes	9903	€-2k
Net result for the period	9904	€-2k
Result to be appropriated	9905	€-2k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Signals

2 signals · with evidence

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

View the result trend

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 76% of 6723 peers (2024). A comfortable equity buffer.

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 34 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not confirmed	-
31-12-2024	31-07-2025	10-06-2025	51 d early	2025-00129676
31-12-2023	31-07-2024	29-07-2024	2 d early	2024-00326336

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Directors

Directors & mandates

no sitting director

2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Former directors (1)

Sammy Smits
Director
State Gazette act 25145401 (14-11-2025)

Former
- → 28-08-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Detailhandel in overige sportartikelen(47639)
Legal form	Private limited company(610)
Incorporation	02-02-2022
Status	Active
Postal code	2400

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Wateringstraat 702400 Mol

Establishment units

1 location

Generations

Sportlaan 5, 3980 Tessenderlo-HamDetailhandel in spellen en speelgoed

since 20222.327.878.254

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,097 m²

Buildings1

Building footprint160 m²

Volume (LiDAR)723 m³

Tallest building6.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)