GENES DIFFUSION
Open bankruptcyA bankruptcy procedure is open for GENES DIFFUSION according to publications in the Belgian State Gazette; curator: MARTINE DECHERF.
Summary
The 2016 annual accounts show equity of €71,831 and a net result of -€31,186.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ostend division
- Declared bankrupt
- 26 November 2018
- Supervising judge
- Sabine Claeys
- Official Gazette
- 04-12-2018 (pdf) ↗search the document for 2018/150956
Deadlines
- Provisional date payments stopped
- 26 November 2018A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 19 December 2018Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 26 December 2018art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 January 2019Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 26 November 2019Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Martine DecherfKloosterstraat 22, 8820 Torhoutinfo@advocaatdecherf.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 13-06-2017, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2016, abbreviated schema
Equity
€71,831▼ 30.3%
2015 · €103,017
Total assets
€162,502▼ 14.5%
2015 · €190,127
Net result
-€31,186▲ 13.9%
2015 · -€36,230
Working capital
€58,249▼ 31.3%
2015 · €84,829
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20122013201420152016
Operating result€8,129-€4,972▼ 38.8%-€15,402-€35,264▼ 129%-€30,225▲ 14.3%
Net result€3,009-€1,481▼ 50.8%-€16,393-€36,230▼ 121%-€31,186▲ 13.9%
Equity€154,159-€155,641▲ 1.0%€139,247▼ 10.5%€103,017▼ 26.0%€71,831▼ 30.3%
Total assets€222,570-€287,650▲ 29.2%€232,785▼ 19.1%€190,127▼ 18.3%€162,502▼ 14.5%
Debt€68,410-€132,009▲ 93.0%€93,537▼ 29.1%€87,110▼ 6.9%€90,670▲ 4.1%
Working capital€134,213-€131,241▼ 2.2%€116,333▼ 11.4%€84,829▼ 27.1%€58,249▼ 31.3%
Staff (FTE)3.8-3.8=4.3▲ 13.2%4.3=4.1▼ 4.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30,225 in 2016 against €35,264 in 2015; the loss shrinks.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €162,502
Fixed assets
€13,583 ▼ 25.3%
Current assets
€148,919 ▼ 13.4%
Equity and liabilities €162,502
Equity
€71,831 ▼ 30.3%
Debt
€90,670 ▲ 4.1%
Debt's share of the balance-sheet total rises from 45.8% to 55.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€26,635▲
2015 · -€30,452
Cash flow
-€27,596▲
2015 · -€31,419
Current ratio
1.64▼
2015 · 1.97
Quick ratio
0.58▼
2015 · 0.85
ROE
-43.4%▼
2015 · -35.2%
ROA
-19.2%▼
2015 · -19.1%
Debt ≤ 1 year
€90,670▲
2015 · €87,110
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,533 | €8,934 | €4,714 | €4,812 | €3,590 | ▼ 25.4% |
| Gross operating margin9900 | €302,839 | €298,784 | €282,945 | €255,559 | €278,425 | ▲ 8.9% |
| Operating profit (loss)9901 | €8,129 | €4,972 | -€15,402 | -€35,264 | -€30,225 | ▲ 14.3% |
| Recurring financial income75 | €38 | €32 | €7 | €73 | €420 | ▲ 475% |
| Recurring financial charges65 | €537 | €468 | €994 | €1,042 | €1,380 | ▲ 32.5% |
| Profit (loss) for the period before taxes9903 | €7,630 | €4,536 | -€16,390 | -€36,233 | -€31,186 | ▲ 13.9% |
| Income taxes67/77 | €4,620 | €3,055 | €4 | -€2 | - | - |
| Profit (loss) for the period9904 | €3,009 | €1,481 | -€16,393 | -€36,230 | -€31,186 | ▲ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €3,009 | €1,481 | -€16,393 | -€36,230 | -€31,186 | ▲ 13.9% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €222,570 | €287,650 | €232,785 | €190,127 | €162,502 | ▼ 14.5% |
| Fixed assets21/28 | €19,946 | €24,400 | €22,914 | €18,188 | €13,583 | ▼ 25.3% |
| Intangible fixed assets21 | - | €5,979 | €4,484 | €2,989 | €1,495 | ▼ 50.0% |
| Tangible fixed assets22/27 | €11,225 | €7,006 | €7,267 | €5,100 | €3,005 | ▼ 41.1% |
| Financial fixed assets28 | €8,721 | €11,415 | €11,163 | €10,099 | €9,083 | ▼ 10.1% |
| Current assets29/58 | €202,624 | €263,251 | €209,870 | €171,938 | €148,919 | ▼ 13.4% |
| Stocks and contracts in progress3 | €57,002 | €107,778 | €98,602 | €97,664 | €96,355 | ▼ 1.3% |
| Amounts receivable within one year40/41 | €116,439 | €129,775 | €100,301 | €50,975 | €40,134 | ▼ 21.3% |
| Cash at bank and in hand54/58 | €25,561 | €25,698 | €7,195 | €23,049 | €12,429 | ▼ 46.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €222,570 | €287,650 | €232,785 | €190,127 | €162,502 | ▼ 14.5% |
| Equity10/15 | €154,159 | €155,641 | €139,247 | €103,017 | €71,831 | ▼ 30.3% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €134,159 | €135,641 | €135,641 | €135,641 | €135,641 | = |
| Profit (loss) carried forward14 | - | - | -€16,393 | -€52,624 | -€83,809 | ▼ 59.3% |
| Amounts payable17/49 | €68,410 | €132,009 | €93,537 | €87,110 | €90,670 | ▲ 4.1% |
| Amounts payable within one year42/48 | €68,410 | €132,009 | €93,537 | €87,110 | €90,670 | ▲ 4.1% |
| Trade debts44 | €34,685 | €36,494 | €37,670 | €29,941 | €59,609 | ▲ 99.1% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,009 | €1,481 | -€16,393 | -€36,230 | -€31,186 | ▲ 13.9% |
| + Depreciation and write-downs630 | €16,533 | €8,934 | €4,714 | €4,812 | €3,590 | ▼ 25.4% |
| Operating cash flow (approximation) | €19,543 | €10,415 | -€11,679 | -€31,419 | -€27,596 | ▲ 12.2% |
| Investment in fixed assets (approximation) | - | -€13,387 | -€3,229 | -€86 | €1,015 | ▲ 1,283% |
| Change in cash | - | €137 | -€18,503 | €15,854 | -€10,620 | ▼ 167% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2018
04-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 26-11-2018
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-12
Financial
Weakest financial yearnet -€36,230
Net result drops to -€36,230, the lowest in the series.
09-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
16-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
16-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
27-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
16-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
17-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
24-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
12-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Middelkerke · 1 establishment unit since 1992
Ground area
3,737 m²
Building footprint
668 m²
Volume, LiDAR
3,696 m³
Parcel 35008C0818/00L000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GENES DIFFUSION BELGIUM
since 19922.039.884.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35008C0818/00L000 | Flanders | 3,737 m² | 1 · 668 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARTINE DECHERF KLOOSTERSTRAAT 22,
8820 TORHOUT |
26-11-2018 → present |
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Of 432 companies in sector 46869 we hold annual accounts for 244. 122 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-07-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46869Wholesale trade
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.