GENES DIFFUSION

In bankruptcy Private limited company (pre-2019)founded 1988Nekkersvlietweg 2, 8432 MiddelkerkeKBO/BCE: BE 0434.893.758 subsidiary of

GENES DIFFUSION

Follow Report

Overview

Information for creditors

Enterprise Court of Ghent, Ostend division · Official Gazette of 04-12-2018

Appeal or third-party opposition 19-12-2018Filing the claim in RegSol 26-12-2018First verification report 25-01-2019Late claim 26-11-2019

Trustee: Martine Decherf. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

11 annual accounts with figures on one time axis, 28 filings since 1989

Compare with

peak €437,510 (2007)

€278,425▲ 8.9%

lowest -€36,230 (2015)

-€31,186▲ €5,045

peak €155,641 (2013)

€71,831▼ 30.3%

€90,670▲ 4.1%

peak 5 FTE (2006)

4.1 FTE▼ 4.7%

Board1 name since 2015

Owners

consolidates

Documentsfilings and deeds

13-06-201748 days before the deadline

2016abbreviated format

Loss of €31,186Equity from €103,017 to €71,831Cash from €23,049 to €12,429

Key points

from the 2016 annual accounts, the last ones filed

Equity

€71,831 from €155,641 in 2013

Equity fell by 54% in 3 years.

Losses

-€83,809 in three years

Every financial year from 2014 to 2016 closed with a loss. 2015 was the heaviest.

Board and ownership

consolidatesannual accounts 2016

Board & ownership

Recent changes

04-12-2018

Bankruptcy published Enterprise Court of Ghent, Ostend division · judgment of 26-11-2018 · Bankruptcy

20-11-2015

Appointment: (statutory auditor) Permanent representative: · General meeting of 15-05-2015 · Gazette deed

13-03-1992

First establishment GENES DIFFUSION BELGIUM, Nekkersvlietweg 2, Middelkerke

20-07-1988

Incorporation 20 publications in the Belgian Official Gazette, the last on 20-11-2015 · published on 17-08-1988 · Gazette deed

All 35 events

Official details

Source: KBO

Status: In bankruptcydeclared bankrupt on 26-11-2018
Activity: Wholesale tradeNACE 46869
Establishment unit: 2.039.884.0668432 Middelkerke, since 13-03-1992
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2016

: €278,425▲ 8.9%
: ≈ €1.4mestimated
: €31,186▼ 13.9%
: €71,831▼ 30.3%
: €162,502▼ 14.5%
: 4.1 FTE▼ 4.7%
Filing: Filed on 13-06-2017

Financials

Insights on GENES DIFFUSION

Equity fell from €155,641 in 2013 to €71,831 in 2016.

On 26 November 2018 the court declared GENES DIFFUSION bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2016

abbreviated format, filed on 13-06-2017, 48 days before the deadline

€278,425

▲ 8.9%

-€30,225

▲ €5,039

-€31,186

▲ €5,045

€58,249

▼ 31.3%

44.2%

▼ 10.0 percentage points

1.64

▼ 0.33

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.4m. Estimated: probably between €890,000 and €2.4m.

Balance sheet

balance sheet total €162,502 on 31-12-2016

What the company ownsHow it is paid for

in euro

Staff

€74,331

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2016, 2 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	162,502	190,127	232,785	287,650	222,570	226,131	210,370	225,697	257,548	347,428	290,157
`21/28`	13,583	18,188	22,914	24,400	19,946	39,556	50,094	61,833	81,331	106,276	139,741
`21`	1,495	2,989	4,484	5,979	-	-	-	-	-	-	-
`22/27`	3,005	5,100	7,267	7,006	11,225	27,759	36,679	51,857	73,297	95,330	128,502
`23`	991	2,183	3,606	5,491	8,638	24,099	34,139	50,003	70,752	92,232	123,473
`24`	2,014	2,917	3,662	1,515	2,587	3,659	2,541	1,855	2,545	3,098	5,029
`28`	9,083	10,099	11,163	11,415	8,721	11,798	13,414	9,975	8,034	10,945	11,239
`29/58`	148,919	171,938	209,870	263,251	202,624	186,575	160,276	163,865	176,217	241,152	150,417
`3`	96,355	97,664	98,602	107,778	57,002	58,722	22,452	19,612	18,815	30,819	32,678
`30/36`	96,355	97,664	98,602	107,778	57,002	58,722	22,452	19,612	18,815	30,819	32,678
`40/41`	40,134	50,975	100,301	129,775	116,439	89,569	123,183	81,676	137,827	181,221	111,795
`40`	17,281	44,558	90,865	126,796	101,468	53,451	90,164	61,715	53,884	59,207	111,729
`41`	22,853	6,417	9,436	2,979	14,971	36,118	33,020	19,961	83,943	122,014	66
`54/58`	12,429	23,049	7,195	25,698	25,561	38,284	14,642	62,576	17,236	29,112	5,618
`490/1`	-	250	3,772	-	3,621	-	-	-	2,339	-	326
Balance sheet: equity and liabilities
`10/49`	162,502	190,127	232,785	287,650	222,570	226,131	210,370	225,697	257,548	347,428	290,157
`10/15`	71,831	103,017	139,247	155,641	154,159	151,150	150,506	150,162	141,151	136,099	120,151
`10/11`	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
`100`	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
`13`	135,641	135,641	135,641	135,641	134,159	131,150	130,506	130,162	121,151	116,099	100,151
`130`	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
`133`	133,641	133,641	133,641	133,641	132,159	129,150	128,506	128,162	119,151	114,099	98,151
`14`	-83,809	-52,624	-16,393	-	-	-	-	-	-	-	-
`17/49`	90,670	87,110	93,537	132,009	68,410	74,981	59,864	75,535	116,396	211,329	170,006
`42/48`	90,670	87,110	93,537	132,009	68,410	73,981	59,864	75,535	116,396	211,329	170,006
`44`	59,609	29,941	37,670	36,494	34,685	44,794	29,293	35,511	41,420	117,061	72,619
`440/4`	59,609	29,941	37,670	36,494	34,685	44,794	29,293	35,511	41,420	117,061	72,619
`45`	31,061	34,152	37,908	35,436	33,725	29,186	30,571	32,561	54,923	54,249	69,021
`450/3`	-	-	3,566	3,566	4,869	111	795	908	22,997	22,996	38,190
`454/9`	31,061	34,152	34,342	31,870	28,857	29,075	29,777	31,653	31,926	31,253	30,831
`47/48`	-	23,017	17,959	60,080	-	-	-	7,464	20,053	40,020	28,366
`492/3`	-	-	-	-	-	1,000	-	-	-	-	-
Income statement
`9900`	278,425	255,559	282,945	298,784	302,839	307,978	321,999	350,767	377,971	437,510	384,890
`62`	304,757	285,909	283,782	284,780	281,611	280,851	298,818	310,910	310,001	305,037	295,446
`630`	3,590	4,812	4,714	8,934	16,533	16,360	16,849	22,634	25,822	29,959	36,131
`631/4`	-	-3,900	3,900	-	-3,529	3,529	-	-	-	-	-
`640/8`	303	4,002	5,951	98	95	279	93	89	93	145	83
`66A`	-	-	-	-	-	640	-	-	253	6,412	2,562
`9901`	-30,225	-35,264	-15,402	4,972	8,129	6,959	6,240	17,133	42,055	102,369	53,230
`75/76B`	420	73	7	32	38	36	39	213	819	896	1,402
`75`	420	73	7	32	38	36	39	213	819	896	1,402
`65/66B`	1,380	1,042	994	468	537	1,265	617	1,009	3,027	7,807	6,144
`65`	1,380	1,042	994	468	537	1,265	617	1,009	3,027	7,807	6,144
`9903`	-31,186	-36,233	-16,390	4,536	7,630	5,089	5,663	16,337	39,594	89,046	45,926
`67/77`	-	-2	4	3,055	4,620	4,445	5,319	7,326	14,542	33,098	17,467
`9904`	-31,186	-36,230	-16,393	1,481	3,009	644	344	9,011	25,053	55,947	28,459
`9905`	-31,186	-36,230	-16,393	1,481	3,009	644	344	9,011	25,053	55,947	28,459
Appropriation of the result
`9906`	-83,809	-52,624	-16,393	1,481	3,009	644	344	9,011	25,053	55,947	28,459
`691/2`	-	-	-	1,481	3,009	644	344	9,011	5,053	15,947	8,432
`6921`	-	-	-	1,481	3,009	644	344	9,011	5,053	15,947	8,432
`694/7`	-	-	-	-	-	-	-	-	20,000	40,000	20,027
`694`	-	-	-	-	-	-	-	-	20,000	40,000	20,027
Social balance sheet
`9087`	4.1	4.3	4.3	3.8	3.8	4.2	3.9	4.9	5	5	5
Hours worked`1013`	7,247	7,007	6,502	6,692	6,510	6,494	7,106	7,946	8,675	8,854	8,812
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2016 (PDF), filed on 13-06-2017.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2016	abbreviated format	13-06-2017	2017-17300330	PDF
31-12-2015	abbreviated format	15-06-2016	2016-18200298	PDF
31-12-2014	abbreviated format	09-06-2015	2015-16700449	PDF
31-12-2013	abbreviated format	16-07-2014	2014-31200297	PDF
31-12-2012	abbreviated format	16-07-2013	2013-31200478	PDF
31-12-2011	abbreviated format	27-06-2012	2012-22200131	PDF
31-12-2010	abbreviated format	16-06-2011	2011-17600459	PDF
31-12-2009	abbreviated format	17-06-2010	2010-18900196	PDF
31-12-2008	abbreviated format	24-06-2009	2009-27800134	PDF
31-12-2007	abbreviated format	12-06-2008	2008-22700168	PDF
31-12-2006	abbreviated format	14-06-2007	2007-22300079	PDF
31-12-2005	abbreviated format	09-06-2006	2006-21103936	PDF
31-12-2004	abbreviated format	02-06-2005	2005-20002468	PDF
31-12-2003	abbreviated format	18-06-2004	2004-27404845	PDF
31-12-2002	abbreviated format	25-06-2003	2003-30803502	PDF
31-12-2001	abbreviated format	12-06-2002	2002-19604993	PDF
31-12-2000	abbreviated format	14-06-2001	2001-21102708	PDF
31-12-1999	abbreviated format	14-06-2000	2000-21301085	PDF
31-12-1998	abbreviated format	17-06-1999	1999-21002647	PDF
31-12-1997	abbreviated format	25-05-1998	1998-11102880	PDF
31-12-1996	abbreviated format	13-06-1997	1997-15501612	PDF
31-12-1995	abbreviated format	31-05-1996	1996-11405025	PDF
31-12-1994	abbreviated format	07-07-1995	1995-37704648	PDF
31-12-1993	abbreviated format	15-07-1994	1994-30500152	PDF
31-12-1992	abbreviated format	11-06-1993	1993-12402118	PDF
31-12-1991	full format	08-07-1992	1992-20502285	PDF
31-12-1990	full format	09-07-1991	1991-16802447	PDF
30-09-1989	full format	08-03-1990	1990-01801201	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-26,635	-30,452	-10,688	13,906	24,662	23,319	23,089	39,767	67,877	132,328	89,361
-27,596	-31,419	-11,679	10,415	19,543	17,004	17,193	31,645	50,874	85,906	64,590
-1,015	1,285	3,611	13,387	-3,077	8,079	5,110	4,131	3,788	1,948	1,165
-10,620	15,854	-18,503	137	-12,723	23,643	-47,934	45,340	-11,876	23,494	-
58,249	84,829	116,333	131,241	134,213	112,594	100,413	88,329	59,820	29,823	-19,590
44.2%	54.2%	59.8%	54.1%	69.3%	66.8%	71.5%	66.5%	54.8%	39.2%	41.4%
1.64	1.97	2.24	1.99	2.96	2.52	2.68	2.17	1.51	1.14	0.88
0.58	0.85	1.19	1.18	2.13	1.73	2.30	1.91	1.35	1.00	0.69
1.26	0.85	0.67	0.85	0.44	0.50	0.40	0.50	0.82	1.55	1.41
-43.4%	-35.2%	-11.8%	1.0%	2.0%	0.4%	0.2%	6.0%	17.7%	41.1%	23.7%
-19.2%	-19.1%	-7.0%	0.5%	1.4%	0.3%	0.2%	4.0%	9.7%	16.1%	9.8%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on GENES DIFFUSION

The operating result for 2016 is a loss of €30,225, smaller than the loss of €35,264 in 2015.

Debt's share of the balance-sheet total rises from 45.8% to 55.8%. Equity is lower and debt is higher.

Board & ownership

Curator

the curator has managed the company since 26-11-2018

Martine Decherf

Curator, Kloosterstraat 22, 8820 Torhout

Also on 64 other cases

Mandates through the years

1 name

Statutory auditor

Bankruptcy 26-11-2018

Mandates as a list

- Statutory auditor, appointed by deed of 20-11-2015, until 20-11-2015

See the board, name and registered office on a given date →

Control

Consolidating parent

Source: parent in own accounts 2016

consolidates

This company

GENES DIFFUSION

Equity €71,831

Loss €31,186 in 2016

Capital

Capital: €20,000
Source: 2016 annual accounts

Owners through the years

as the annual accounts name them

consolidates

Owners as a list

- 2009 to 2016: consolidates

Source: parent in its own accounts

Office holders in the KBO →

Network & group

Parent

France

At the same address

Nekkersvlietweg 2, 8432 Middelkerke · 1 other company

Coudron, Jeannine (sole trader)

establishment since 01-01-2008

founded in 1992

0766.112.532

Connections & network

See the function holders in the KBO register.

Timeline

35 events since 1988

Board

Filings

Financial

Establishments

Insolvency

19901995200020052010201520202025

2018

04-12-2018

Bankruptcy published Enterprise Court of Ghent, Ostend division · judgment of 26-11-2018

2017

13-06-2017

Annual accounts 2016 filed PDFabbreviated format · 48 days before the deadline

2016

15-06-2016

Annual accounts 2015 filed PDFabbreviated format · 46 days before the deadline

2015

31-12-2015

Weakest financial year net -€36,230 The net result drops to -€36,230, the lowest from 2006 to 2016.

20-11-2015

Appointment: (statutory auditor)Permanent representative: · General meeting of 15-05-20153 points ▸

General meeting, 15-05-2015
Auditor appointment, (statutory auditor)
Permanent representative,
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

09-06-2015

Annual accounts 2014 filed PDFabbreviated format · 52 days before the deadline

2014

16-07-2014

Annual accounts 2013 filed PDFabbreviated format · 15 days before the deadline

2013

16-07-2013

Annual accounts 2012 filed PDFabbreviated format · 15 days before the deadline

2012

27-06-2012

Annual accounts 2011 filed PDFabbreviated format · 34 days before the deadline

2011

16-06-2011

Annual accounts 2010 filed PDFabbreviated format · 45 days before the deadline

2010

17-06-2010

Annual accounts 2009 filed PDFabbreviated format · 44 days before the deadline

2009

31-12-2009

Equity above €150,000 equity €150,162 ▲6.4% With a profit in every financial year since 2006, equity grows to €150,162.

24-06-2009

Annual accounts 2008 filed PDFabbreviated format · 37 days before the deadline

2008

12-06-2008

Annual accounts 2007 filed PDFabbreviated format · 49 days before the deadline

2007

31-12-2007

Highest result from 2006 to 2016 net €55,947 ▲96.6% The operating result of €102,369 and the net result of €55,947 are both a record.

14-06-2007

Annual accounts 2006 filed PDFabbreviated format · 47 days before the deadline

2006

09-06-2006

Annual accounts 2005 filed PDFabbreviated format

2005

02-06-2005

Annual accounts 2004 filed PDFabbreviated format

2004

18-06-2004

Annual accounts 2003 filed PDFabbreviated format

2003

25-06-2003

Annual accounts 2002 filed PDFabbreviated format

2002

12-06-2002

Annual accounts 2001 filed PDFabbreviated format

2001

14-06-2001

Annual accounts 2000 filed PDFabbreviated format

2000

14-06-2000

Annual accounts 1999 filed PDFabbreviated format

1999

17-06-1999

Annual accounts 1998 filed PDFabbreviated format

1998

25-05-1998

Annual accounts 1997 filed NBBabbreviated format

1997

13-06-1997

Annual accounts 1996 filed NBBabbreviated format

1996

31-05-1996

Annual accounts 1995 filed NBBabbreviated format

1995

07-07-1995

Annual accounts 1994 filed NBBabbreviated format

1994

15-07-1994

Annual accounts 1993 filed NBBabbreviated format

1993

11-06-1993

Annual accounts 1992 filed NBBabbreviated format

1992

08-07-1992

Annual accounts 1991 filed NBBfull format

13-03-1992

First establishment GENES DIFFUSION BELGIUM, Nekkersvlietweg 2, Middelkerke

1991

09-07-1991

Annual accounts 1990 filed NBBfull format

1990

08-03-1990

Annual accounts 1989 filed NBBfull format

1988

20-07-1988

Incorporation 20 publications in the Belgian Official Gazette, the last on 20-11-2015 · published on 17-08-1988

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

GENES DIFFUSION was incorporated on 20 July 1988.¹ Total assets fell from €222,570 in 2012 to €162,502 in 2016 and headcount from 3.8 to 4.1 full-time equivalents.² On 26 November 2018 the company was declared bankrupt.³

Company details

Identity

Enterprise number: 0434.893.758
VAT number: BE 0434.893.758
Legal form: Private limited company (pre-2019)
Status: In bankruptcy, since 26-11-2018
Founded: 20-07-1988
Financial year: ends on 31 December
Peppol: Not found in the Peppol Directory
Name: GENES DIFFUSION in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

46869 Wholesale trade main activity

Codes under NACEBEL 2008

46769 Wholesale trade main activity

Codes under NACEBEL 2003

51562 main activity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
GENES DIFFUSION BELGIUM registered office Nekkersvlietweg 2, 8432 Middelkerke 0162001 Support activities for animal production	13-03-1992	2.039.884.066

Buildings and parcels at the address

Ground area: 3,737 m²
Buildings: 668 m²
Volume, LiDAR: 3,696 m³
Tallest building: 8.5 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

2 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
35008C0818/00L000	3,737 m²	1 · 668 m²	8.5 m · 2

Overview

Information for creditors

Lifetime

Key points

Equity

Losses

Lifetime

Board and ownership

Recent changes

Official details

Annual accounts 2016

Insights on GENES DIFFUSION

Financials

Annual accounts 2016

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE€74,331

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Insights on GENES DIFFUSION

Board & ownership

Curator

Mandates through the years

Control

Capital

Owners through the years

Network & group

Parent

At the same address

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

€74,331

level