GENEROUS
ActiveSummary
GENEROUS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €488,093 and a net result of €27,766. Equity shrank by about 4.8% per year on average since 2018. In 2025 it rose by 4.4%. Its solvency ranks better than 64% of 790 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-05-2012 Normal situation
- Activity
- Manufacture of rusks, biscuits and preserved pastry goods NACE 10720and 6 others
- Establishment units
- 2.308.294.548 1480 Tubize, since 01-10-2020
- 2.319.355.320 1150 Woluwe-Saint-Pierre, since 01-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
Board
- Christophe HAROUDirector · since 20-12-2013
- Théodora BRACHTDirector · since 20-12-2013
- Valentine de PRETDirector · since 27-09-2016
Shareholders
- Pierre-Olivier BECKERS16.36%· score 942025 annual accounts of Pierre-Olivier BECKERS
- SOLIERES CONSEIL16.36%· score 962025 annual accounts of SOLIERES CONSEIL
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €559,550
- ▲ 14.7%
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €27,766
- Equity
- €488,093
- ▲ 4.4%
- Total assets
- €980,395
- ▼ 4.2%
- Employees on 31-12-2025
- 6
- ▼ 14.3%
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 3.17, cash €207,563Founded in 2012Equity €488,093 (49.8% of total assets)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency
75+4
equity 49.8% of total assets
Liquidity
67+3
short-term debt 24.4% · cash 21.2%
Profitability
69+7
return on assets 2.8%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged 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: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.8%● unchanged vs 08-2025highest value
10-2025: 0.8%● unchanged vs 09-2025highest value
11-2025: 0.8%● unchanged vs 10-2025highest value
12-2025: 0.8%● unchanged vs 11-2025highest value
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.6 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.17 (2.26 in 2024), above the usual 1.5. Short-term debt is 24.4% and cash 21.2% of total assets. However, 50.2% of the assets are financed with debt and provisions.
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 10, micro). It does better than 67% of them on solvency, 73% on liquidity, 44% on profitability and 47% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
on the day
2023
on the day
2022
31 days late
2021
29 days late
2020
128 days late
2019
6 days late
← 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 26 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (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
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 16-07-2026 at the NBB all 13 filings
Turnover
≈ €1.3m
Estimated: probably between €790,000 and €2.2m
EBIT margin
Not included in this filing
Net result
€27,766
2024 · -€58,502
Working capital
€518,916▲ 19.4%
2024 · €434,714
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€49,541
2025
20182025
Net result
€27,766
2025
middle half of the sector
20182025
Equity
€488,093
▲ 4.4%
2025
middle half of the sector
20182025
Total assets
€980,395
▼ 4.2%
2025
lowest quarter of the sector
20182025
Debt
€492,303
▼ 11.4%
2025
20182025
Working capital
€518,916
▲ 19.4%
2025
middle half of the sector
20182025
Solvency
49.8%
▲ 4.1pp
2025
middle half of the sector
20182025
Current ratio
3.17
▲ 0.91
2025
highest quarter of the sector
20182025
Return on assets (ROA)
2.8%
▲ 8.5pp
2025
middle half of the sector
20182025
Staff (FTE)
6.1
▼ 12.9%
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m-€0.02m€0.1m▲ 426%-€0.04m-€0.2m▼ 412%-€0.07m▲ 64.6%-€0.06m▲ 18.2%€0.05m
Net result€0.008m-€0.03m▲ 308%€0.1mwithin the sector's middle half▲ 311%-€0.05mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 375%-€0.07mbelow the sector's middle half▲ 69.1%-€0.06mbelow the sector's middle half▲ 14.1%€0.03mwithin the sector's middle half
Equity€0.7m-€0.7m▲ 3.6%€0.8mwithin the sector's middle half▲ 17.9%€0.8mwithin the sector's middle half▼ 5.6%€0.6mwithin the sector's middle half▼ 27.8%€0.5mwithin the sector's middle half▼ 7.0%€0.5mwithin the sector's middle half▼ 12.3%€0.5mwithin the sector's middle half▲ 4.4%
Total assets€1.0m-€1.1m▲ 13.4%€1.1mwithin the sector's middle half▼ 3.1%€2.0mwithin the sector's middle half▲ 80.4%€1.2mwithin the sector's middle half▼ 37.3%€1.2mwithin the sector's middle half▼ 6.1%€1.0mwithin the sector's middle half▼ 12.5%€1.0mbelow the sector's middle half▼ 4.2%
Debt€0.3m-€0.4m▲ 37.4%€0.3m▼ 38.1%€1.2m▲ 360%€0.7m▼ 43.6%€0.6m▼ 5.3%€0.6m▼ 12.7%€0.5m▼ 11.4%
Working capital€0.5m-€0.6m▲ 15.0%€0.7mwithin the sector's middle half▲ 28.4%€0.6mwithin the sector's middle half▼ 25.4%€0.4mwithin the sector's middle half▼ 26.1%€0.5mwithin the sector's middle half▲ 30.7%€0.4mwithin the sector's middle half▼ 18.6%€0.5mwithin the sector's middle half▲ 19.4%
Solvency68.8%-62.8%▼ 6.0pp76.4%above the sector's middle half▲ 13.6pp40.0%within the sector's middle half▼ 36.4pp46.1%within the sector's middle half▲ 6.1pp45.6%within the sector's middle half▼ 0.5pp45.7%within the sector's middle half▲ 0.1pp49.8%within the sector's middle half▲ 4.1pp
Current ratio2.83-2.66▼ 0.174.33above the sector's middle half▲ 1.671.59within the sector's middle half▼ 2.751.99within the sector's middle half▲ 0.412.76above the sector's middle half▲ 0.772.26above the sector's middle half▼ 0.503.17above the sector's middle half▲ 0.91
Return on assets (ROA)0.8%-2.9%▲ 2.1pp12.3%above the sector's middle half▲ 9.4pp-2.3%below the sector's middle half▼ 14.7pp-17.7%below the sector's middle half▼ 15.4pp-5.8%below the sector's middle half▲ 11.9pp-5.7%below the sector's middle half▲ 0.1pp2.8%within the sector's middle half▲ 8.5pp
Staff (FTE)5.2-6.3▲ 21.2%5.8below the sector's middle half▼ 7.9%8below the sector's middle half▲ 37.9%8.8within the sector's middle half▲ 10.0%7.7below the sector's middle half▼ 12.5%7below the sector's middle half▼ 9.1%6.1below the sector's middle half▼ 12.9%
above
within
below
The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €49,541, after a loss of €60,692 in 2024. It is the highest result since 2020.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €980,395
Fixed assets
€222,561 ▼ 8.6%
Current assets
€757,834 ▼ 2.8%
Equity and liabilities €980,395
Equity
€488,093 ▲ 4.4%
Debt
€492,303 ▼ 11.4%
Debt's share of the balance-sheet total falls from 54.3% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€154,039▲
2024 · €46,968
Cash flow
€132,264▲
2024 · €49,157
Quick ratio
2.27▲
2024 · 1.70
Debt to equity
1.01▼
2024 · 1.19
ROE
5.7%▲
2024 · -12.5%
Interest coverage
5.66▼
2024 · 9.02
Debt ≤ 1 year
€238,918▼
2024 · €345,147
Debt > 1 year
€248,412▲
2024 · €210,513
Income taxes
€2,042
Supplier credit
43 days
Staff costs
€378,100▼
2024 · €397,806
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 7 | 7 | 7 | 6 |
| full-time | 9 | 6 | 6 | 6 | 6 |
| part-time | - | 1 | 1 | 1 | 0 |
| in full-time equivalents | 9 | 6.8 | 6.8 | 6.8 | 6 |
| Average over the year, in full-time equivalents | 8 | 8.2 | 7.7 | 7 | 6.1 |
| On a permanent contract | 4 | 3 | 4 | 4 | 3 |
| Joined | 9 | 9 | - | 0 | 0 |
| Left | 7 | 10 | - | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | - | €102,719 |
| Debts guaranteed by Belgian public bodies | - | - | €333,133 | €210,513 | - |
| Pledge on the business | - | - | - | - | €102,719 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €446,780 | €61,050 | €22,263 | €18,314 | €83,546 |
| Intangible fixed assets | €14,070 | €2,172 | - | - | - |
| Financial fixed assets | €3,450 | - | - | €300 | - |
| Depreciation and write-downs of the year | €112,169 | €114,307 | €121,609 | €107,660 | €104,498 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.01m | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | - | €1.2m | - |
| Remuneration, social security and pensions62 | - | - | - | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.09m | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 2.9% |
| Other operating charges640/8 | - | - | - | - | €0.03m | €0.002m | €0.04m | €0.03m | ▼ 36.5% |
| Non-recurring operating charges66A | - | - | - | - | €0.001m | €0.06m | - | - | - |
| Gross operating margin9900 | €0.3m | €0.4m | €0.4m | €0.4m | €0.3m | €0.5m | €0.5m | €0.6m | ▲ 14.7% |
| Operating profit (loss)9901 | -€0.002m | €0.02m | €0.1m | -€0.04m | -€0.2m | -€0.07m | -€0.06m | €0.05m | - |
| Financial income75/76B | - | - | - | €0.001m | €16 | €0.02m | €0.007m | €0.007m | ▲ 1.0% |
| Recurring financial income75 | €0.009m | €0.008m | €0.007m | €0.001m | €16 | €0.02m | €0.007m | €0.007m | ▲ 1.0% |
| Non-recurring financial income76B | - | - | - | €14 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.007m | €0.01m | €0.01m | €0.005m | €0.03m | ▲ 422% |
| Recurring financial charges65 | €0.003m | €0.003m | €0.005m | €0.006m | €0.01m | €0.01m | €0.005m | €0.03m | ▲ 422% |
| Non-recurring financial charges66B | - | - | - | €91 | €16 | €9 | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.004m | €0.03m | €0.1m | -€0.05m | -€0.2m | -€0.07m | -€0.06m | €0.03m | - |
| Transfer from deferred taxes780 | - | - | - | €385 | - | - | - | - | - |
| Income taxes67/77 | - | - | - | - | - | - | - | €0.002m | - |
| Profit (loss) for the period9904 | €0.008m | €0.03m | €0.1m | -€0.05m | -€0.2m | -€0.07m | -€0.06m | €0.03m | - |
| Profit (loss) for the period to be appropriated9905 | €0.008m | €0.03m | €0.1m | -€0.05m | -€0.2m | -€0.07m | -€0.06m | €0.03m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €1.1m | €1.1m | €2.0m | €1.2m | €1.2m | €1.0m | €1.0m | ▼ 4.2% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.1m | €0.5m | €0.4m | €0.3m | €0.2m | €0.2m | ▼ 8.6% |
| Intangible fixed assets21 | €0.01m | €0.004m | €0.003m | €0.01m | €0.01m | €0.009m | €0.005m | €0.002m | ▼ 60.7% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.1m | €0.5m | €0.4m | €0.3m | €0.2m | €0.2m | ▼ 7.8% |
| Plant, machinery and equipment23 | - | - | - | €0.07m | €0.1m | €0.09m | €0.06m | €0.04m | ▼ 40.4% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.08m | €0.06m | €0.03m | €0.004m | ▼ 87.1% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.09m | €0.05m | €0.02m | €0.07m | ▲ 204% |
| Other tangible fixed assets26 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 11.7% |
| Financial fixed assets28 | €0.008m | €0.008m | €0.006m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Current assets29/58 | €0.8m | €0.9m | €1.0m | €1.5m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 2.8% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 11.9% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 11.9% |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.4m | €1.0m | €0.3m | €0.4m | €0.3m | €0.3m | ▲ 0.3% |
| Trade receivables40 | - | - | - | €0.9m | €0.3m | €0.4m | €0.3m | €0.3m | ▲ 4.2% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.02m | €0.01m | €0.02m | €0.005m | ▼ 72.8% |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 13.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.06m | €0.02m | €0.01m | €0.001m | ▼ 96.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €1.1m | €1.1m | €2.0m | €1.2m | €1.2m | €1.0m | €1.0m | ▼ 4.2% |
| Equity10/15 | €0.7m | €0.7m | €0.8m | €0.8m | €0.6m | €0.5m | €0.5m | €0.5m | ▲ 4.4% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | -€0.3m | -€0.3m | -€0.2m | -€0.2m | -€0.4m | -€0.5m | -€0.6m | -€0.5m | ▲ 5.0% |
| Investment grants15 | - | - | - | - | - | €0.03m | €0.02m | €0.01m | ▼ 36.2% |
| Provisions and deferred taxes16 | €0.008m | €0.004m | €385 | - | - | - | - | - | - |
| Amounts payable17/49 | €0.3m | €0.4m | €0.3m | €1.2m | €0.7m | €0.6m | €0.6m | €0.5m | ▼ 11.4% |
| Amounts payable after more than one year17 | €0.02m | €0.06m | €0.04m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 18.0% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 18.0% |
| Trade debts175 | - | - | - | - | €0.05m | €0.05m | - | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.2m | €0.9m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 30.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.09m | €0.09m | €0.04m | ▼ 57.5% |
| Financial debts43 | - | - | - | - | €0.1m | - | - | - | - |
| Credit institutions430/8 | - | - | - | - | €0.1m | - | - | - | - |
| Trade debts44 | €0.1m | €0.2m | €0.2m | €0.8m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 30.9% |
| Suppliers440/4 | - | - | - | €0.8m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 30.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.04m | €0.04m | €0.02m | €0.03m | ▲ 49.2% |
| Taxes450/3 | - | - | - | €181 | - | €0.002m | - | €0.002m | - |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.04m | €0.04m | €0.02m | €0.03m | ▲ 42.1% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.01m | €0.01m | €0.03m | €0.02m | ▼ 8.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €0.005m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,104 | €33,062 | €135,850 | -€46,396 | -€220,583 | -€68,080 | -€58,502 | €27,766 | - |
| + Depreciation and write-downs630 | €94,859 | €97,664 | €87,813 | €112,169 | €114,307 | €121,609 | €107,660 | €104,498 | ▼ 2.9% |
| Operating cash flow (approximation) | €102,963 | €130,726 | €223,663 | €65,773 | -€106,276 | €53,529 | €49,157 | €132,264 | ▲ 169% |
| Investment in fixed assets (approximation) | - | -€83,564 | -€14,091 | -€464,300 | -€50,253 | -€29,251 | -€18,614 | -€83,546 | ▼ 349% |
| Change in cash | - | €81,878 | €35,241 | -€37,677 | -€29,730 | -€14,437 | -€11,005 | -€31,971 | ▼ 191% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as GENEROUS has now. Two years later, 95.2% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
95.2%
was still going
4.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of GENEROUS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 10,904 companies, not a prediction for GENEROUS. 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 16-07-2026 | 2026-00298499 | |
| 31-12-2024 | full format | 31-07-2025 | 2025-00341129 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00319024 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00411275 | |
| 31-12-2021 | full format | 29-08-2022 | 2022-20358130 | |
| 31-12-2020 | full format | 06-12-2021 | 2021-79500385 | |
| 31-12-2019 | full format | 06-08-2020 | 2020-39700094 | |
| 31-12-2018 | full format | 19-07-2019 | 2019-35400273 | |
| 31-12-2017 | full format | 15-06-2018 | 2018-19700121 | |
| 31-12-2016 | full format | 26-06-2017 | 2017-21600373 |
Board & ownership
Directors
Directors
4 directors, last change in 2023
Christophe HAROU
Current
Director · since 20-12-2013 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 16-07-2026
Théodora BRACHT
Current
Director · since 20-12-2013 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 16-07-2026
Valentine de PRET
Current
Director · since 27-09-2016 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 16-07-2026
Pierre-Olivier BECKERS
Current
Director · since 28-09-2016 · 6-year term from 2020 · Private limited company · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 16-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Two directors jointly
deed of 18-07-2024Owners and capital
Shareholders
2 ownersOwners 2
- Equity €35.2m Profit of €2.0m in 2025 (profit of €1.2m in 2024) Checked score 9416.36%
- Equity €17.6m Loss of €172,101 in 2025 (loss of €184,988 in 2024) Checked score 9616.36%
Owners through the years 2012 to 2025
| Name | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pierre-Olivier BECKERS | 11% | 16.36% | ||||||||||||
| SOLIERES CONSEIL | 10% | 16.36% | 16.36% | |||||||||||
| finance&invest.brussels | 26.3% | 20.52% | ||||||||||||
| L'ARRIERE CUISINE | listed | 32.46% | ||||||||||||
Source: lists of holdings in the owners' accounts
Capital transactions
Capital over time
- 18-07-2024 Capital stated in the deed · €1,000,000 · 1,974 shares
Mandate history
7 people, 4 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Pierre-Olivier BECKERS |
|
| Christophe HAROU |
|
| Théodora BRACHT |
|
| Valentine de PRET |
|
| finance&invest.brussels |
|
| Pierre-Olivier Beckers |
|
| SRIB |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors“Tout administrateur peut donner mandat à un de ses collègues pour le représenter à une réunion déterminée du conseil d'administration et…”“À l'exception de ceux que la loi ou les statuts réserve à l'assemblée générale, Le conseil d'administration a le pouvoir d'accomplir tous…”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Peut être tenu en forme électronique, tout actionnaire peut prendre connaissance”
Articles of association, deed of 18-07-2024 (in French)
Network & group
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
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Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
16-07
full format · 15 days before the deadline
2025
31-12
Financial
Back to profitnet €27,766
The net result is €27,766, after 4 loss-making years.
31-07
full format · on the deadline day
2024
31-07
full format · on the deadline day
18-07
Gazette deed
Amendment of the articlesGeneral meeting of 11-06-20243 points ▸
Gazette deed
Amendment of the articles
General meeting of 11-06-20243 points ▸
- General meeting, 11-06-2024
- Capital, €1,000,000, 1,974 shares
- Registered office clause, Rue de l'Atelier 9/11, 1480 Tubize
- The deed holds 2 more points.
2023
31-08
full format · 31 days late
16-06
Gazette deed
1 director appointed, 1 director resigning, 3 directors reappointedAppointment: Pierre-Olivier Beckers (director) · Permanent representative: Pierre-Olivier Beckers · Resignation: SRIB (director)7 points ▸
Gazette deed
1 director appointed, 1 director resigning, 3 directors reappointed
Appointment: Pierre-Olivier Beckers (director) · Permanent representative: Pierre-Olivier Beckers · Resignation: SRIB (director)7 points ▸
- General meeting, 21-12-2020
- Director appointment, Pierre-Olivier Beckers
- Permanent representative, Pierre-Olivier Beckers (manager)
- Director resignation, SRIB
- Director reappointment, Christophe HAROU
- Director reappointment, Théodora BRACHT
- Director reappointment, Valentine de PRET
- The deed holds 2 more points.
01-03
Gazette deed
2 directors resigningResignations: SRIB (director) and Pierre-Olivier Beckers (director) · Appointment: SPRL Pierre-Olivier Beckers (director)4 points ▸
Gazette deed
2 directors resigning
Resignations: SRIB (director) and Pierre-Olivier Beckers (director) · Appointment: SPRL Pierre-Olivier Beckers (director)4 points ▸
- General meeting, 21-12-2020
- Director resignation, SRIB
- Director resignation, Pierre-Olivier Beckers
- Director appointment, SPRL Pierre-Olivier Beckers
- The deed holds 2 more points.
2022
31-12
Financial
Weakest financial yearnet -€220,583
The net result drops to -€220,583, the lowest from 2018 to 2025. It recovers the following year.
29-08
full format · 29 days late
2021
06-12
full format · 128 days late
2020
31-12
Financial
Highest result from 2018 to 2025net €135,850 ▲311%
The operating result of €129,258 and the net result of €135,850 are both a record.
Show earlier events
06-08
full format · 6 days late
2019
19-07
full format · 12 days before the deadline
2018
15-06
full format · 46 days before the deadline
2017
26-06
full format · 35 days before the deadline
2012
15-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
GENEROUS in French
Enterprise number
0845.877.612
Legal form
Public limited company
Status
Active, normal situation
Founded
11-05-2012
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-07-2024 (in French)Registered office and establishments
Registered office
Rue de l'Atelier 9/11, 1480 Tubize, Belgium
Establishment units
GENEROUS, Rue de l'Atelier 9, 1480 Tubize since 01-10-2020 · unit number 2.308.294.548
GENEROUS, Mareydestraat 47, 1150 Woluwe-Saint-Pierre since 01-07-2021 · unit number 2.319.355.320
Website
www.generous.eu
E-mail
info@generous.eu
E-mail
christophe@generous.eu establishment in Tubize
Phone
0477636795 establishment in Tubize
Activities
NACEBEL 2025VAT activities
10720
Manufacture of rusks, biscuits and preserved pastry goods main activity
10711
Manufacture of food products
10712
Artisanal bread and fresh pastry making
10820
Manufacture of cocoa, chocolate and sugar confectionery
46360
Wholesale trade
46641
Wholesale trade
85599
Other education
Social security (RSZ) activities
10720
Manufacture of rusks, biscuits and preserved pastry goods main activity
Codes under NACEBEL 2008
VAT activities
10720
Manufacture of food products main activity
10711
Manufacture of food products
10712
Artisanal bread and fresh pastry making
10820
Manufacture of cocoa, chocolate and sugar confectionery
46360
Wholesale trade
46691
Wholesale trade
85599
Other education
Social security (RSZ) activities
10720
Manufacture of food products main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 18-07-2024 (in French)
“L’exploitation de boulangerie, de pâtisserie, de confiserie, de biscuiterie, de chocolaterie, d’atelier de fabrication de tous produits de…”
12 activities
- L’exploitation de boulangerie, de pâtisserie, de confiserie, de biscuiterie, de chocolaterie, d’atelier de fabrication de tous produits de boulangerie, de pâtisserie, de confiserie, de biscuiterie, de chocolaterie, de plats préparés, l’exploitation de pizzeria, de salon de consommation et dégustation, de tout snack-bar, salon de thé, friterie, brasserie, restaurant, hôtel, hôtel-restaurant, chambres d’ hôtes, table d’hôtes, petite restauration, sandwiches à emporter, taverne, café, cabaret, discothèque, buffet, vestiaire pour public, location de salle, organisation de séminaire et de banquet, service traiteur, chef à domicile.
- L’importation, l’exportation, la vente en gros et en détail de - tous produits alimentaires tels que viandes, fruits, légumes, conserves, chocolats, biscuits, produits de confiserie, produits de boulangerie et de pâtisserie, thé, café, épices, herbes aromatiques, glaces, produits laitiers, produits de la mer, poissons, boucherie, charcuterie, articles cadeaux, tous textiles en général, dans le sens le plus large; - tous produits de l'artisanat en général, tapisseries, y compris les articles du tiers-monde; - tous les articles d'horticulture tels que fleurs, plantes, articles de jardinage ; - tous livres, antiquités, brocantes, objets de décoration, machines industrielles, tous meubles; - tous articles en métaux précieux et bijoux, montres ; - tous appareils électroménagers ; - assistance en programmation, cours d'informatique, assistance en logiciels informatiques, conseils et assistance dans le domaine de l'informatique, tous matériaux de bureau et d'informatique.
- La fabrication ainsi que l'exploitation de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires.
- La production ainsi que la commercialisation de tous produits issus de l'agriculture.
- Organiser toutes sortes d’activités de formation et d’enseignement, d’édition et de publication
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
- Effectuer toutes les opérations généralement quelconques, se rapportant directement ou indirectement au commerce, à la fabrication, la location, l'achat, la vente en gros ou en détail, la représentation, la distribution, le service, le conditionnement, l'exploitation et le courtage, l'importation et l'exportation, ainsi que le transport international, de marchandises et de personnes, le tout aussi bien pour son propre compte que pour le compte de tiers
- Accomplir toutes les opérations commerciales, industrielles, financières, mobilières et immobilières se rapportant directement ou indirectement, entièrement ou partiellement à la réalisation de son objet social
- Exercer toute activité susceptible de favoriser la réalisation de son objet social et participer à une telle activité de quelque façon que ce soit
- Participer dans ou se fusionner avec d'autres sociétés ou entreprises qui peuvent contribuer à son développement ou à la croissance de son entreprise
- Accepter tout mandat d'administrateur auprès de sociétés tierces, assister et rendre tous services de nature administrative, commerciale et financière et tous autres services de nature similaire, propres à développer les activités de la société
- Prendre des participations dans d'autres sociétés ou entreprises existantes ou à créer, que ce soit en Belgique ou à l'étranger, dont l'objet serait semblable ou analogue au sien ou de nature à favoriser son objet, par voie d'apport en espèces ou en nature, de fusion, de souscription, de participation, d'intervention financière ou autrement
Invoicing and payment
VAT number
BE 0845.877.612
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 17:00
deed of 18-07-2024 (in French)Meeting noticeShareholders are called at least fifteen days in advance. The articles set how.
“Les convocations aux assemblées générales contiennent l'ordre du jour, Elles sont faites par e-mails envoyés quinze jours au moins avant…”
deed of 18-07-2024 (in French)Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
“Tout propriétaire de titres peut se faire représenter à l'assemblée générale par un mandataire à condition que toutes les formalités…”
deed of 18-07-2024 (in French)Recognitions · licences · registrations
Food safety, FASFC
1 siteTubizeunit number 2.308.294.548
Sites & property
Location
Buildings and parcels at the addresses
Ground area
2,162 m²
Building footprint
1,103 m²
Building volume
7,629 m³
Tallest building: 12.8 m.
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25105B0357/00D004 | Wallonia | 2,061 m² | 1 · 984 m² | 7.9 m · 2 |
| 21682C0165/00B007 | Brussels | 101 m² | 1 · 119 m² | 12.8 m · 3 |