Checked.be
Active
BE 0781.496.534Private limited company
Generations
Wateringstraat 70 ·2400 Mol, Belgium· 4 yrs active
Sector: Retail sale of other sporting goods
(47639)
Conclusion
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.
Key figures
| Equity | €14k |
| Net result | €-2k |
| Better than sector | 76% |
| Active | 4 yrs |
Financial profile
63
/ 100
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
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust 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.
Checked score
70
/ 100
Healthy
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.
Financial overview
Annual accounts filed on 10-06-2025 with the NBB · fiscal year 2024 · micro schema
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% | |
| Net result | €-2k | €4k | |
| Equity | €14k | €16k | |
| Gross operating margin | €-2k | €24k | |
| Total assets | €28k | €94k |
€-2k
+30.3%
23-24
€28k
+50.5%
23-24
€14k
-14.1%
23-24
€17k
-7.9%
23-24
€14k
+548.3%
23-24
€11k
+6862.7%
23-24
2.54
-97.8%
23-24
1.18
-99.0%
23-24
50.5%
-42.9%
23-24
0.98
+654.9%
23-24
-16.4%
+18.8%
23-24
-8.3%
+53.7%
23-24
Figures by fiscal year and ratios
| 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) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2024
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 |
Directors & mandates
Former directors (1)
-
Former- → 28-08-2025
Legal Structure
| NACE primary | Retail sale of other sporting goods(47639) |
| Legal form | Private limited company(610) |
| Incorporation | 02-02-2022 |
| Status | Active |
| Postal code | 2400 |
Establishment units
Generations
since 20222.327.878.254
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G1055/00P060 | Flanders | 1,097 m² | 1 · 160 m² | 6.8 m · 2 fl. |
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.
Updates
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
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 2
updated 9 months ago
2025
14-11-2025 Sammy Smits resigns as director
- Sammy Smits, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Sammy Smits",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-28",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van Sammy Smits, met woonplaats te 2650 Edegem Sint-Goriksplein 9/4, als niet-statutaire bestuurder, en dit met ingang op 28/08/2025. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0781.496.534",
"name_full": "GENERATIONS",
"legal_form": "BV"
}
}2022
04-02-2022 Incorporation of a new BV
Summary:
oprichting
Technical details
{
"kind": "oprichting",
"seat": "2400 Mol, Wateringstraat 70",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1967-03-22",
"name": "HAEST, Micha\u00EBl Marie Th\u00E9r\u00E8se Roland August",
"niss": null,
"address": "2400 Mol, Wateringstraat 70"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "HAEST, Micha\u00EBl Marie Th\u00E9r\u00E8se Roland August",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-02-15",
"name": "SMITS, Sammy",
"niss": null,
"address": "2650 Edegem, Sint-Goriksplein 9 bus 0004"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "SMITS, Sammy",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0781.496.534",
"name_full": "Generations",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-02-01",
"post_incorporation_mandates": []
}Credit advice
Company registry (CBE)
Activities
Retail sale of other sporting goods47639Retail trade47640
Names & trade names
| Legal nameNL | Generations |
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