Equity
-€71,594
Debts exceed assets in financial year 2025.
GEN8
Lifetime
14 annual accounts with figures on one time axispeak €123,128 (2020)
-€150▼ €86,607
lowest -€63,198 (2025)
-€63,198▼ €85,141
peak €24,803 (2013)
-€71,594▼ €63,198
€130,655▼ 7.8%
peak 4.2 FTE (2020)
-not published
Board3 names since 2021
1 directorPLUSPOSITION
Owners
Documentsfilings and deeds
08-01-202623 days before the deadline
2025micro format
Gross margin from €86,457 to -€150Loss of €63,198Equity from -€8,397 to -€71,594Cash from €40,664 to €8,521
Key points
from the 2025 annual accountsDebts
€130,655 221% of the balance sheet
Financial debts 78%Suppliers 8%Taxes and wages 5%Other 9%
Of this, €30,655 falls due within a year.
Staff
1 employees on 30-06-2025
In 2025, nobody joined and 1 person left.
Liquidity
1.82 was 3.11 in 2024
Short-term debts fell from €41,776 to €30,655.
Filings
14 annual accounts since 2012
The last five annual accounts were filed 5 to 27 days before the end of the period.
Position in the sector
-121.2%
Lower solvency than 95% of companies in advertising and market research. Sector median 53.3% · 8,614 companies.
Turnover not published (micro format)
Checked score
50
Fair
Financially stronger than 9% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.3%▼ -0.1 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 1.3%▲ +1.0 percentage point vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.2%▼ -0.1 percentage points vs 08-2026
10-2026: 2.5%▲ +1.3 percentage points vs 09-2026highest value
11-2026: 2.4%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€71,594
Loss of €63,198 (financial year 2025)
1 change of registered office in 24 months
lowers risk
Size: total assets €59,060
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 73, micro). It does better than 5% of them on solvency, 25% on liquidity, 6% on profitability and 0% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as GEN8 has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GEN8 itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,907 companies, not a prediction for GEN8. 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.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 1.82 (3.11 in 2024), above the usual 1.5. Short-term debt is 51.9% and cash 14.4% of total assets. However, equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€71,594
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 days early
2024
22 days early
2023
27 days early
2022
5 days early
2021
25 days early
2020
24 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 8 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- PLUSPOSITION 50%score 90equity €97,354 (2025) · 2025 annual accounts of PLUSPOSITION
Recent changes
Company renamed from Generation Shop to GEN8
Registered office moved within Oudenaarde · New registered office: Monseigneur Lambrechtstraat 94, 9700 Oudenaarde · Previous registered office: Stationsstraat 25 te 9700 Oudenaarde · General meeting of 15-10-2026 · Gazette deed
New establishment in Kluisbergen
PADEL8 Kluisbergen, Parklaan 30
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0833397373
Resignation: Verloove Maxime (director)
Permanent representative: De Clerck Jeroen · Director discharge: Verloove Maxime · General meeting of 15-04-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GEN8 Oudenaarde | €59,060 | -€150 | -121.2% | - |
| DANCEE Nazareth-De Pinte | €60,253 | -€10,080 | -1136.6% | - |
| LEMENTO Antwerp | €58,066 | -€12,103 | 54.4% | - |
| MCJ VANDERAA Houyet | €55,897 | €512 | 98.9% | - |
| JK CORP Braine-l'Alleud | €55,408 | -€1,600 | 81.8% | - |
| SEKATEN Auderghem | €55,218 | -€594 | -28.5% | - |
| 3C4YOU Vilvoorde | €55,251 | -€14,954 | -141.9% | - |
These companies have the same main activity as GEN8: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €55,200 and €60,300, founded between 2008 and 2011.
Official details
Source: KBO- Status
- Active since 02-02-2011Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 1 other
- Establishment units
- 2.196.426.2309700 Oudenaarde, since 02-02-2011
- 2.395.637.8039690 Kluisbergen, since 15-10-2026
- Financial year end
- 30 June
- Peppol
- Reachable since 25-11-2025
Annual accounts to 30-06-2025
- €59,060▼ 55.7%
- Employeeson 30-06-2025
- 1▼ 50.0%
- Filing
- Filed on 08-01-2026, 23 days before the end of the filing period
Insights on GEN8
GEN8 files the micro format. That format states no turnover. The gross margin fell from €2,559 in 2012 to -€150 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GEN8
- What is the company number of GEN8?
- The company number of GEN8 is 0833.397.373. The VAT number is the same number with BE in front: BE 0833.397.373.
- Where is GEN8 based?
- The registered office is at Monseigneur Lambrechtstraat 94, 9700 Oudenaarde.Company details
- What does GEN8 do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of GEN8?
- GEN8 is a private limited company (BV).
- When was GEN8 founded?
- GEN8 was founded on 02-02-2011.
- Is GEN8 still active?
- Yes, GEN8 is an active enterprise in the KBO register.
- How many employees does GEN8 have?
- GEN8 had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GEN8?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is GEN8 profitable?
- In financial year 2025, GEN8 made a loss of €63,198.
- Where can I find the annual accounts of GEN8?
- GEN8 filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GEN8 due?
- GEN8 must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.