GENEROUS
ActiveGENEROUS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €488k and a net result of €28k. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+7
Solvency75▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 2.26 in 2024; short-term debt: 24.4% and cash: 21.2% of total assets), but 50.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.8%
Return on assets
2.8%
Age of the figures
9 mo
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
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
on the day
2023
on the day
2022
31 d late
2021
29 d late
2020
128 d late
2019
6 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28k
2024 · €-59k
2018: €8k
2019: €33k
2020: €136k
2021: €-46k
2022: €-221k
2023: €-68k
2024: €-59k
2018 → 2025
Working capital
€519k▲ 19.4%
2024 · €435k
2018: €502k
2019: €578k
2020: €742k
2021: €553k
2022: €409k
2023: €534k
2024: €435k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€794k-€574k▼ 27.8%€534k▼ 7.0%€468k▼ 12.3%€488k▲ 4.4%
Operating result€-41k-€-210k▼ 412%€-74k▲ 64.6%€-61k▲ 18.2%€50k
Net result€-46k-€-221k▼ 375%€-68k▲ 69.1%€-59k▲ 14.1%€28k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €50k after a loss of €61k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €980k
Fixed assets
€223k▼ 8.6%
Current assets
€758k▼ 2.8%
Equity and liabilities €980k
Equity
€488k▲ 4.4%
Debt
€492k▼ 11.4%
The debt ratio falls from 54.3% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€154k▲
2024 · €47k
Cash flow
€132k▲
2024 · €49k
Solvency
49.8%▲
2024 · 45.7%
Current ratio
3.17▲
2024 · 2.26
Quick ratio
2.27▲
2024 · 1.70
Debt / equity
1.01▼
2024 · 1.19
ROE
5.7%▲
2024 · -12.5%
ROA
2.8%▲
2024 · -5.7%
Interest coverage
5.66▼
2024 · 9.02
Debt
€492k▼
2024 · €556k
Debt ≤ 1 year
€239k▼
2024 · €345k
Debt > 1 year
€248k▲
2024 · €211k
Income taxes
€2k
Staff costs
€378k▼
2024 · €398k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.02M€980k▼
Fixed assets21/28€244k€223k▼
Intangible fixed assets21€5k€2k▼
Tangible fixed assets22/27€228k€210k▼
Plant, machinery and equipment23€63k€38k▼
Furniture and vehicles24€31k€4k▼
Leasing and similar rights25€23k€71k▲
Other tangible fixed assets26€111k€98k▼
Financial fixed assets28€10k€10k=
Current assets29/58€780k€758k▼
Stocks and contracts in progress3€193k€216k▲
Stocks30/36€193k€216k▲
Amounts receivable within one year40/41€333k€334k▲
Trade receivables40€316k€330k▲
Other amounts receivable41€17k€5k▼
Cash at bank and in hand54/58€240k€208k▼
Deferred charges and accrued income490/1€14k€504▼
Equity and liabilities
Total equity and liabilities10/49€1.02M€980k▼
Equity10/15€468k€488k▲
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Profit (loss) carried forward14€-553k€-525k▲
Investment grants15€20k€13k▼
Amounts payable17/49€556k€492k▼
Amounts payable after more than one year17€211k€248k▲
Financial debts170/4€211k€248k▲
Amounts payable within one year42/48€345k€239k▼
Current portion of amounts payable after more than one year42€88k€37k▼
Trade debts44€209k€144k▼
Suppliers440/4€209k€144k▼
Taxes, remuneration and social security45€22k€33k▲
Taxes450/3-€2k
Remuneration and social security454/9€22k€32k▲
Other amounts payable47/48€26k€24k▼
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61-€1.22M
Remuneration, social security and pensions62€398k€378k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€104k▼
Other operating charges640/8€43k€27k▼
Gross operating margin9900€488k€560k▲
Operating profit (loss)9901€-61k€50k▲
Financial income75/76B€7k€7k▲
Recurring financial income75€7k€7k▲
Financial charges65/66B€5k€27k▲
Recurring financial charges65€5k€27k▲
Profit (loss) for the period before taxes9903€-59k€30k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-59k€28k▲
Profit (loss) for the period to be appropriated9905€-59k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-553k€-525k▲
Profit (loss) brought forward from the previous period14P€-494k€-553k▼
Social balance
Average headcount (FTE)90877.06.1▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €28k
Net result €28k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-221k
Net result drops to €-221k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 128 days late
2020
31-12
Financial
Highest result since 2018net €136k ▲311%
Operating result €129k, net result €136k, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 6 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Tubize · 2 establishment units since 2020
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.
Rue de l'Atelier 9/111480 TubizeGround area
2,162 m²
Building footprint
1,103 m²
Volume, LiDAR
7,629 m³
2 parcels, Brussels, Wallonia · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
GENEROUS
since 20202.308.294.548
GENEROUS
since 20212.319.355.320
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0357/00D004 | Wallonia | 2,061 m² | 1 · 984 m² | 7.9 m · 2 fl. |
| 21682C0165/00B007 | Brussels | 101 m² | 1 · 119 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTubize2.308.294.548
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DIDESS
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Of 430 companies in sector 10720 we hold annual accounts for 139. 83 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-05-2012
Fiscal year end31-12
Activities, NACEBEL
10720Manufacture of food products
10711Manufacture of food products
10712Artisanal bread and fresh pastry making
10820Manufacture of cocoa, chocolate and sugar confectionery
46360Wholesale trade
46641Wholesale trade
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.